The Indira Gandhi National Open University is a well-established distance learning institute that offers degrees to students in various fields. It is AICTE and NCTE approved. The MBA in Banking and Finance program has been established by the school of Management Studies at IGNOU after an MoU between the college and the Indian Institute of Banking and Finance.

The following points highlight a few important aspects of the program.

Fee Structure, and Eligibility:

• The course duration ranges from 2.5 years to 8 years depending on the time the candidate has to complete the degree.

• A total course fee of INR 37,800 is charged for the degree.

• In order to be eligible for the program, the candidate must pass the CAIIB exam with the required qualifications.

• The applicant must also be working in the banking and finance sector for a period of two years at least and a graduate from a recognized university.

Course Structure and Curriculum:

• The course has a total of 21 courses of which include basic, specialization as well as integrative, and project courses.

• In order to obtain the certificate of completion, all 21 courses must be completed by the student.

• Subjects taught include strategic management, ethics, and corporate governance, research methodology, managerial economics, etc.

• Evaluations are carried out in a continuous manner which constitutes 30% of the degree and the other 70% is determined by the term-end examination.

Job Prospects:

• Since the course is a distance learning opportunity, with effective time management, students can study as well as look for courses on the job market.

• This degree from IGNOU will help in gaining promotion as well as provide a job in the public and private sectors.

• Jobs like factory supervision, operation management as well as managerial positions are available for students.

• Other career options include roles in forecasting, purchasing, inventory management, production planning, etc.

Obtaining an MBA in Banking and Finance will open up a lot of new opportunities and definitely provide a career boost with the convenience of completing the degree at the desired pace.