What Is IGNOU Distance MBA In Finance And HRM?
Admissions Open
A two-year master's degree in finance and human resources can be earned entirely online in four semesters. The training focuses on selecting and leading the best people for the job as well as giving staff guidance and assistance. There are many specializations available in the MBA program that are in high demand in the corporate world.

A few of the specializations provided are finance, marketing, finance and HRM management, entrepreneurship, retail management, and operations management. Students can enroll in a distant MBA program to further their study after graduation. You can find administrative positions in a variety of industries with a distance MBA.


The Indira Gandhi National Open University (IGNOU) has supported online education since its founding in 1985. The school, which currently enrolls almost four million students, is run, owned, and supervised by the national government. The university's globally renowned distance MBA program has been approved by UGC-DEB.

You can get all the information you need about the IGNOU distance MBA program in this blog post. The Indira Gandhi National Open University offers undergraduate, postgraduate, postgraduate diploma, diploma, and certificate programs that are open to students from all around the world.

A reputable university with a large selection of online and remote learning courses is IGNOU. Since the institution's founding in 1985, distance learning has been encouraged. The university was founded in 1985 by the Indira Gandhi National Open University Act. The school provides more than 227 online courses in 21 distinct topic areas.

Details of the IGNOU MBA Program

University Name        Indira Gandhi National Open University

Course Level               Postgraduate

Full-Form                       MBA in Finance and HRM

Approval                       UGC-DEB, AICTE, NAAC with A++ Grade

Duration                       Minimum Duration: 2 years

Maximum                          Duration: 5 years

Age                               No Age Limit

Eligibility                        Graduation from a recognized university

Fees Incurred                INR 37,800/-for full course

Average Salary Offered INR 7 LAKHS TO 11 LAKHS PER ANNUM

How to Apply for IGNOU's Distance MBA in Finance and Human Resources?

You can apply for IGNOU's distance MBA programs in just a few easy steps, and acceptance is guaranteed. Students must submit an application, the required fees, and supporting documentation to the relevant regional centre.

By reviewing an online prospectus, students can determine whether they meet the requirements or eligibility requirements for a certain distance learning program. Candidates must have finished their undergraduate studies at an accredited university in order to be accepted into the distance MBA program; otherwise, their application will be denied. On the other side, students can submit their applications online, where they must add supporting documentation and pay tuition.

Is IGNOU Distance MBA Finance and HRM good?

A remote MBA in Finance and HRM from IGNOU is beneficial for everyone. Some of the benefits are: -

For individuals interested in a career in management or business administration, IGNOU provides one of the best distance MBA programs.

It's a great solution for working professionals who wish to advance their skills. The MBA is also the degree that is most in demand.

Graduates of the MBA program stand out as distinctive individuals in the workplace, and their degree has a higher market value.

Students at IGNOU have access to both traditional and online learning resources.

What is the Fee Structure of IGNOU distance MBA in Finance and HRM?

IGNOU has shown to be a highly affordable institution for a number of courses that many students believe are beyond of their price range. IGNOU offers MBA programs for a small portion of what standard MBA programs charge. Additionally, the MBA program is not expensive, even if an MBA is expensive in and of itself. The distance MBA program's tuition costs Rs. 37,800, which must be paid upfront by bank debit from any reputable bank in the name of the Indira Gandhi National Open University (IGNOU). At the start of each semester, students are responsible for paying the academic fee to the appropriate regional centre. IGNOU has increased educational access as a result.

What is the Eligibility of IGNOU MBA Finance and HRM?

The following criteria must be met in order for a student to be admitted to the IGNOU distance MBA in Finance and HRM program:

- Students must hold a bachelor's degree in any field from an institution with national acclaim in order to apply.

- Candidates must have a minimum GPA of 5.5 from their undergraduate program.

How long will this course last?

The IGNOU distance MBA in Finance and HRM can be finished in as little as two years or as much as five years. There are four semesters that must be finished between two to five years. Students who are working can take the course at their own speed. As a result, people will have more freedom to work and study.

What is the Finance and HRM Subjects for the IGNOU Distance MBA?

Semesters Subjects

Semester 1

- Principles of Economics & Markets

- Managerial Effectiveness & Ethics

- Accounting & Finance

- Organizational Behavior's & Human Resources Management

- Quantitative Techniques & Analytics

Semester 2

- Entrepreneurship

- Marketing Management & Research

- Investment Analysis and Portfolio Management

- Banking & Financial Services

- Talent Acquisition & Management

Semester 3

- Business Environment & Strategy

- Operations Management

- Direct Tax

- Employee Reward Management

- Performance Management System

- Open Elective

Semester 4

- Strategic Human Resource Management

- Organization Development & Change Management

- Fintech: Foundations & Applications

- Wealth Management & Behavioral Finance

- Cross-functional Elective

- Master Thesis / Project

How to Apply for the IGNOU online MBA Finance and HRM Entrance Exam?

Students must first pass an admissions exam before applying to IGNOU. To enroll in the distance MBA program, candidates must pass the IGNOU Common Management Entrance Exam. Students can submit an application for IGNOU's OPENMAT entrance exam on the institution's official website.

Before taking the entrance exam as part of the application process, students who wish to apply for a particular specialization must first complete the eligibility requirements.

You must first register on the official IGNOU website in order to fill out the application, upload your supporting documentation, and pay the academic fees. The institution will email you a confirmation after the verification procedure. Students will receive a confirmation email after that period of time or perhaps sooner because the verification process typically takes two months.

Is OPENMAT necessary for IGNOU online MBA in Finance and HRM?

Yes, you must take the OPENMAT exam in order to enroll in any IGNOU management program. IGNOU administers the OPENMAT, a national entrance exam for MBA and PGDM programs. The IGNOU OPENMAT exam is given by NTA twice a year in July and January. Candidates may apply for any MBA admission cycle if they have a current graduate degree. Management aspirants who wish to apply to IGNOU MBA programs must take the OPENMAT.

How can I get a copy of the 2023 IGNOU MBA Finance and HRM Prospectus?

By visiting the school's website and clicking the prospectus link, students can get a copy of the IGNOU common prospectus. On the IGNOU website, students will see a common prospectus 2023 option that they must choose in order to access the prospectus in its whole, which will include all information on the courses offered, the pricing structure, the Eligibility Criteria, and other pertinent details.

Students can access information about IGNOU's successes, distinctive characteristics, extensive information about the institution's programs, eligibility requirements, and mobile applications for IGNOU's online lectures, such as IGNOU e-content.

How can I get access to the 2023 IGNOU MBA Finance and HRM Study Material?

Study resources and answers to any questions students might have concerning the course are available on the IGNOU websites. Online lectures are available on the virtual platforms Swayam and Google Meet. The college now offers mobile applications for soft copy notes and other doubt clearing sessions. Through the internet, the learner has access to the learning resources. IGNOU e-content is made available to students as soon as they enroll in the program.

Students can browse any program's curriculum on the IGNOU e-content app. There are almost 2500 courses, study guides, and video programs available on the eGyanKosh learning platform. The convenience of having study resources at their fingertips is valued by IGNOU students.

What are the top Distance MBA Finance and HRM colleges in India for IGNOU Alternatives?

The distance MBA Finance and HRM programme teaches students about business production and operations. Distance courses in the specialism Finance and HRM are available from a number of well-known universities, including:

Jain University


Sri Venkateshwara University

IIM Indore

IIM Lucknow

IIM Kozhikode

Symbiosis Institutes of Management

Chandigarh University


IGNOU's distance MBA in finance and human resources—am I eligible for a scholarship?

IGNOU offers scholarships or fee reimbursements to financially disadvantaged students, girls who are single parents, and those who are SC/ST. The eligibility rules for each scholarship should be read by students before submitting an application.

Is there a difference between an online and a distance MBA in finance and human resources?

There are no differences between the online and distance MBA programs offered by IGNOU for any specialization. The Indira Gandhi National Open University is a distance learning institution, so students can access online learning resources and take all of their classes there.

What is the Scope after Completing IGNOU distance MBA Finance and HRM?

After the completion of IGNOU MBA Finance and HRM, you will be able to apply for plenty of reputed jobs. Some of the major jobs positions that are available for you after this course:

Human Resource Manager

Staffing Director

Employees Relations Manager

Financial Analyst

Accounting Manager

Insurance and Risk Manager

Investment Bankers

Let's conclude!

IGNOU, formerly known as Indira Gandhi National Open University, is a renowned institution for online and distance learning. Students who want to pursue a career in MBA Finance and HRM can apply to IGNOU by taking the OPENMAT exam. I hope this blog has all the information you need about the IGNOU distance MBA in Finance and HRM.

Is IGNOU distance MBA in Finance and HRM AICTE Approved?

Yes, IGNOU distance MBA in Finance and HRM is AICTE approved.

When to Apply for IGNOU Distance MBA in Finance and HRM?

Admissions are offered twice a year at the university, with students having the choice of taking their program's exams in June or December. Students who are unable to sit for exams in June will be able to sit for them in December.

How to Apply for an IGNOU Distance MBA in Finance and HRM?

In order to apply for the IGNOU distance MBA in Finance and HRM programme, students must first meet the course's eligibility requirements. After that, the pupils must sit for the university's entrance examination and after completing it you have to fill up the admission form.

Is IGNOU’s Distance MBA in Finance and HRM valid for Government Jobs?

Yes, IGNOU distance MBA in Finance and HRM is valid for government and private sector jobs, for both of them.

Is IGNOU distance MBA in Finance and HRM Recognized Worldwide?

Considering IGNOU is a globally recognized university, the distance MBA in Finance and HRM degree at IGNOU will be recognized worldwide.

Is IGNOU distance MBA in Finance and HRM Degree Valid?

Yes, IGNOU degrees are valid all over the nation. The university is well-known and recognized by the UGC and NAAC which makes it all worth every part.

When is the IGNOU Distance MBA in Finance and HRM Entrance Test?

The OPENMAT MBA university-level entrance test will be used to determine IGNOU MBA admissions in 2023. The OPENMAT was held on April 11th, 2023.

How to Apply for the IGNOU Distance MBA in Finance and HRM Entrance Exam?

Students must obtain the prospectus from the official website of IGNOU. Then you can apply for the OPENMAT admission exam online using the application URL mentioned above.

What is the Duration to Complete a Distance MBA in Finance and HRM from IGNOU?

The minimum duration to complete the distance MBA in Finance and HRM from IGNOU is 2 years. However, the maximum duration to complete the same is 4 years.

How To Prepare for Ignou Distance MBA In Finance and HRM Entrance Exam?

For the preparation for the distance MBA in Finance and HRM entrance exam students need to prepare the subjects General Awareness, English Language, Quantitative Aptitude, and Reasoning. Read books, newspapers and watch YouTube videos to be prepared for the exam.