MBA in Banking and Finance 

offered by IGNOU

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. 

The total tuition fee for MBA at IGNOU ranges between INR 6,300 and INR 68,000. This fee is sourced from the sanctioning body/official website. It is however, still subject to changes and hence, is indicative. For more details, students can confirm the fee from the admission office. Apart from this, a non-refundable registration fee of INR 300 (unless specified otherwise) shall be charged along with the programme fee of first semester/year at the time of admission. 

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.

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.

The candidates applying for an MBA at IGNOU need to submit the course fee after completing application formalities. It is the first-year fee amount. The total tuition fee for IGNOU MBA/PGDM programmes range from INR 6,300 to INR 68,000. Following this, the registration fee has to be paid for registration in consecutive years of the programme. The admission fee payment can be done online via credit card/debit card/net banking. It must also be noted that the mentioned fee amount is as per the official website/sanctioning body. It is still subject to changes and hence, is indicative.