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IGNOU MBA Banking & Finance Admission 2024 (Januray): Application Form, Fees, Dates, Eligibility, Assignment

New Delhi, Delhi NCROpen University

Master of Business Administration [MBA] (Banking and Finance)


Course Fees

Course Duration

2 Years

Tuition Fees

15.5 K

1 Year Fees

31 K

Total Fees

62 K

Detailed Fees

general
semesterTuition FeesTotal Fees
semester 1₹ 15500₹ 15.5 K
semester 2₹ 15500₹ 15.5 K
semester 3₹ 15500₹ 15.5 K
semester 4₹ 15500₹ 15.5 K

Course Information

Eligibility Criteria

The candidate should have passed Graduation in relevant stream from a recognized University

Course Details

IGNOU MBA Banking & Finance admission 2024 for the January session has been started from December 15, 2023. The last date to apply is Febuary 15, 2024. Interested candidates can apply online on the official website of IGNOU @ignou.ac.in. Admissions will be granted based on marks secured in the qualifying examination.

IGNOU MBA Banking & Finance Important Dates

Event Dates
Last date to submit the application for January session  Febuary 15, 2024

IGNOU MBA Banking & Finance Eligibility Criteria

  • The candidate should have secured the minimum qualification required in CAIIB of the Indian Institute of Banking and Finance (IIBF).
  • The candidate should be a graduate of a recognized University.
  • The candidate should have worked in the banking or financial sector services for at least 2 years.
  • The maximum duration to complete the course is 8 years.

Check More: IGNOU Admission

IGNOU MBA Banking & Finance Study Materials

IGNOU provides study material to students free of cost. Here are the links for MBA (Banking & Finance) study materials that are tabulated below. Students can easily download or view the study material from here without any registration. It will help students to understand & get a clear idea about the course curriculum.

Course Name Click to Download
MBA (Banking & Finance) Download

IGNOU MBA Banking & Finance Assignments 2024

Assignments constitute continuous evaluation. The marks that you secure in the assignments will be counted in your final result. As mentioned earlier, an assignment of a course carries 30% weightage. You are therefore advised to take your assignment seriously. 

Non Submission of Assignment

The TMA for each semester can be downloaded from the Student Zone of the University website. You have to complete the assignment within the due dates specified in the assignment booklet. You will not be allowed to appear for the term-end examination for any course if you do not submit the assignment in time for that course. If you appear in the term-end examination, without submitting the assignments, the result of the term-end examination is liable to be canceled.

Read More: IGNOU Assignment

IGNOU MBA Banking & Finance Admission Criteria

Admission to the MBA program is done through online procedure and a link for the same is made available at the official website of IGNOU (www. ignou.ac.in). There will be no entrance exam for MBA and students will be selected on the basis of merit. If one fulfills the above-mentioned eligibility criteria and willing to pursue MBA at IGNOU can register for the program. Students have to register for the first semester and re-register for all the upcoming semesters. 

How to apply?

  • Visit the official website 
  • Click on registration and then fresh registration
  • Fill up the form with all relevant information
  • Submit a scanned copy of necessary documents like photographs, age proof, educational qualifications, qualifying certificate of CAIBB, and so on.
  • Make the payment

Admission will be made to all the eligible candidates subject to the maximum number of student intake allowed by IGNOU and IIFB.

Read More:  IGNOU Study Centres

CAIIB Application fees

The candidate can attempt the exam more than once although the application fees will vary

No of Attempts Fees (INR)
1st attempt 3000
2nd attempt 1300
3rd attempt 1300
4th attempt 1300

Candidates can apply for the admit card from the official website. The total duration of the exam is 2 hours and consists of MCQ (Multi Choice Questions) 

  • CAIIB comprises of two compulsory papers Advanced Bank Management and Advanced Financial Management
  • Candidates can choose one elective paper from Corporate Banking, Rural Banking, International Banking, Retail Banking, Co-operative Banking, Financial Advising, Human Resources Management, Information Technology, Risk Management, Central Banking, and Treasury Management.
  • Candidates should score a minimum of 45 in each subject with a 50% aggregate

IGNOU MBA Banking & Finance Fee Structure

The fee structure for MBA courses is mentioned below:

Title Total Fees(INR) Minimum Duration(years) Maximum Duration(years)
MBA Banking and Finance 37,800 2.5 8

Read More:  IGNOU Course Fee

IGNOU MBA Banking & Finance Course Details

The evaluation is continuous in nature. Assignments carry 30% of weight age and the term end exam carries 70% weight age. The syllabus is as follows.

Subject Credits
Management Functions and Behaviour 2
Management of Human Resources 2
Economic and Social Environment 2
Accounting and Finance for Managers 2
Management of Machines and Materials 2
Marketing for Managers 2
Information System for Managers 2
Quantitative Analysis for Managerial Applications 2
Managerial Economics 2
Organizational Design Development and Change 2
Strategic Management 2
Security Analysis and Portfolio Management 2
International Financial Management 2
Management of Financial Services 2
Bank Financial Management 2
Marketing of Financial Services 2
International Banking Management 2
Electronic Banking and IT in Banks 2
Risk Management in Banks 2
Ethics and Corporate Governance in Banks 2
Research methodology for Management Decisions 2
Project(Equivalent to two courses) 4

IGNOU MBA Banking and Finance Completion of Course

To complete the course the student should complete all 11 basic courses, 5 elective courses and 5 Integrative courses

Basic course

Management Functions and Behaviour
Management of Human Resources
Economic and Social Environment
Accounting and Finance for Managers
Management of Machines and Materials
Marketing for Managers
Information System for Managers
Quantitative Analysis for Managerial Applications
Managerial Economics
Organizational Design Development and Change
Strategic Management
Security Analysis and Portfolio Management
International Financial Management
Management of Financial Services
Bank Financial Management

Specializations (any 5)

Marketing of Financial Services
International Banking Management
Electronic Banking and IT in Banks
Bank Financial Management
Security Analysis and Portfolio Management
Management of Financial Management
International Financial Management
  • Integrative Courses (compulsory)
Risk Management in Banks
Ethics and Corporate Governance in Banks
Research methodology for Management Decisions
Project(Equivalent to two courses)

IGNOU MBA Banking & Finance Placements

Established in 2005 at the headquarters of IGNOU, the main aim of the Campus Placement Drive is to provide employment opportunities to its students. The Campus Placement Drive conducts job fairs, placement drives, and recruitment drives on a regular basis.

Read More:  IGNOU Placements

IGNOU MBA Banking & Finance FAQs

Ques. Can people abroad pursue IGNOU MBA Banking and Finance?

Ans. The International Nodule was set up to cater to the needs of Overseas students and to foreigners in India. IGNOU courses are offered to people in Kuwait, U.A.E, Saudi Arabia, Bahrain, Oman, Sri Lanka, Nepal, Mauritius, Kenya.

Ques. Does IGNOU provide scholarships?

Ans. Yes, IGNOU offer the scholarships to students coming from financially weak backgrounds, or a student who is a single girl child of the family. IGNOU scholarship will be available for PG first year students in IGNOU. The students who have taken the regular full time admission in Master Degree course in IGNOU. The students who belong to PHD or SC or OC or ST category can be eligible to apply for IGNOU scholarship. 

  1. To apply for the IGNOU Scholarship Form, the candidates need to browse through the official website of the university, which is the: www.ignou.ac.in.
  2. Then the candidates to fill the application form and courier the form along with the relevant documents to the address

Ques. Can foreigners study with IGNOU?

Ans. With the help of The International Nodule foreigners residing in India can study selected courses.

Ques. How do students get their study material with IGNOU?

Ans. Students receive their study materials from their regional centres. To complete the course the student should complete all 11 basic courses, 5 elective courses and 5 Integrative courses

Ques. How do students get their results in IGNOU?

Ans. Students can get their results by visiting the official website www.ignou.ac.in click on results and enter your enrollment number.


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IGNOU Admission 2024 Dates

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College Ranking

Ranking of Indira Gandhi National Open University - [IGNOU]



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Answered Questions

Indira Gandhi National Open University - [IGNOU]: 254 answered questions

AG

Anamika Ghose

20 May 22lives in Pune, Maharashtra, India

IGNOU is best for distance learning MBA. IGNOU MBA course structure is pretty good. You will get to learn the basics first then the main concepts. The study materials are good and make the learning process smooth. IGNOU also has a better reputation. 

Symbiosis Pune is also a good option for MBA. You can choose one of these two options based on fee structure and eligibility. 


HB

Hindol Bagchi

13 Jul 22Studied at DAV Public Schools, India

IMT Ghaziabad distance MBA will be the better option. It is a leading B-School and offers industry-relevant management education. The course curriculum is updated regularly. Students are given options to attend campus classes on weekends. IMTG being a reputed name in the management sector, it will be easier to get internship and placement opportunities as well.  


SB

Sejuti Banerjee

13 Jul 22B.Sc in Biotechnology & Civil Services, Shivaji Science Nagpur

Yes, students with open degrees from KKHSOU and IGNOU are eligible to apply for UPSC and APSC Civil Service Examinations. The eligibility criteria mentioned by UPSC and APSC Civil Service examinations is that aspirants should have completed their degree from a UGC-recognized university. 

KKHSOU and IGNOU are UGC recognized. So, you are eligible to apply.


PG

Poojita Gupta

22 Aug 22B.com from University of Delhi

IGNOU is better for correspondence graduation. It has more courses available for correspondence graduation, compared to SOL DU. IGNOU has regional centers and examination centers all across the country. For SOL DU, you will have to visit Delhi, for examinations. In terms of coordination, availability of courses, and quality of education, IGNOU is the obvious choice for correspondence graduation.


AN

What is better, IGNOU or PTU?

By Aaditya Hari Nairon 13 Jul 22
KA

Kinjal Arora

13 Jul 22B.Tech in Computer Science & Computer Programming, I. K. Gujral Punjab Technical University

IGNOU is better than PTU. IGNOU courses are better recognized in the industry. It is a trusted distance education institution in India. IGNOU has all the required accreditation. If you are planning on pursuing distance education, choosing IGNOU will be wiser.  

PTU degrees are valid. The university offers decent academics. But in industry, IGNOU degrees are more reputed.


AC

Aditri Choudhury

06 Apr 22B.C.A English & Information, Indira Gandhi National Open University

IGNOU is better than DU SOL, for a BA General correspondence program. An IGNOU degree is better recognized in the country. You can get the online course materials easily from the official website. IGNOU has good lab facilities as well. 

It conducts classes and examinations on time. You can get help from the faculties online regarding any course-related doubts. 


RD

Ritabhari Dasgupta

13 Jul 22MA in Counseling Psychology (college major) & Counseling Psychology, Shreemati Nathibai

IGNOU is better recognized for distance courses. So, pursuing a correspondence course in MA Psychology will be better. However, if possible try to do a regular course in counseling, clinical or industrial psychology. Psychology is practical oriented subject, and you will need to do dissertations, practicals, and internships as a part of coursework. Being a practical-based course, the career outcomes of correspondence degrees in Psychology are somewhat limited.


RS

Rangoli Sinha

13 Jul 22MA Human Rights & Duties from University of Madras

IGNOU will be better for pursuing a distance master’s in Public Administration. It is one of the best universities for distance education in the country. The course content is excellent and the notes are well-structured.  IGNOU course materials can help in civil service examination preparations as well. 

Both Madras University and IGNOU are good options for pursuing a master’s in Public Administration. But if you have to choose one, select IGNOU.


AB

Aritri Banerjee

12 Apr 22B.A Sociology from Indira Gandhi National Open University (2022)

Both Calicut and IGNOU offer valid distance education degrees. You can choose any of these institutes for a distance learning course. As degrees offered by IGNOU and Calicut University are UGC-DEB approved. 

However, IGNOU degrees are more recognized in the country. For Govt. sector jobs degrees from both these universities are valid and eligible. 


DT

Dishant Trivedi

13 Jul 22MA Anthropology, Indira Gandhi National Open University (2019)

IGNOU is a renowned name in distance education. The courses offered by the university are accredited by DEB, UGC, and AIU. You won’t need to worry about the recognition of your degree. IGNOU courses are recognized all over the country. 

IGNOU reading materials are better compared to any other distance education organizations in the country.  

These are a few of the reasons why you should choose IGNOU over Kuvemou University. 



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