MBA in Banking and Finance 

offered by IGNOU

There are many universities in India that offer distance MBA programmes to students. Among such universities, IGNOU is one of the most reputed and popular open universities in India. Although, the scope of a distance MBA is lesser as compared to a full-time MBA, IGNOU's MBA is a blessing for those who are unable to pursue a full-time MBA due to financial or some other constraints.

Yes, IGNOU also offers a two-year MBA programme in General, Banking & Finance, Financial Management, HRM, Marketing Management and Operations Management specialisations. Up until past years, i.e., 2021, IGNOU MBA admission was subject to valid scores obtained by the students in the IGNOU OPENMAT exam. However, for 2023 admission, OPENMAT was not conducted for the January and July sessions. Admission is now being granted on a merit-basis. The programme is offered with English as a medium of instruction and applications for the same can be submitted online on the official website. 

MBA course offered by IGNOU is among many popular courses offered by IGNOU that has good career scope. The MBA course at IGNOU comes with robust curriculum that equip students with all nuances of the Management sector. In order to get a job after pursing MBA from IGNOU, students need to stay updated with market trends and start applying for jobs two months before the completion of the course. Further, it will be good for students to enroll in short-term add-on courses in the niche domain be it Marketing, Finance, HR or Operations. These skills coupled with MS Office expertise can possibly help students find jobs after doing an MBA from IGNOU. Importantly, the Campus Placement Cell also help students get jobs through Job Fairs.

Yes, you can get a job abroad. There are certain organisations that do prefer full-time graduation but getting rejected everywhere should not be the scenario. IGNOU is recognised globally as a university. There may be other reasons for the rejection like in the current scenario, hiring is very specific, so hence, maybe your qualification does not match. The post may require someone with experience. Your skillset may be lacking for the position that you have applied for. Relook at the job posts that you have applied for and then see if there are any other reasons.

Currently, in COVID 19 situation, the job market is very bleak and since you have just done your graduation and if money is not adequate necessary then try doing some additional courses like digital marketing, graphic design, website development. These would be an added advantage and would increase your job prospects too. Well, IGNOU provides distance learning degrees. If you are a graduate from IGNOU you might be able to take admission into some medium level foreign university but it will be a struggle to cope up with the regular programme that too in foreign.

If you wish you go abroad for MBA, it is advisable to take your graduation in regular mode in reputed universities like LPU and then take your chances in many credit transfer programs which can get you into reputed foreign universities and that too with much less expense.

IGNOU admission to MBA was subject to a valid score in IGNOU OPENMAT exam till 2021. However, for the admission 2021 onwards, IGNOU cancelled the OPENMAT exam and eligible candidates were able to directly apply for the MBA courses via the online registration link before the extended deadline. However, as per the data collated from various sources, IGNOU seems to have scrapped the OPENMAT exam. IGNOU MBA admission 2024 is subject to merit scores obtained by the students in the last qualifying degree.