Distance MBA finance courses that offer flexible tutorial schedules, assignment submission deadlines, semester exams, and other features help students learn the most recent skill sets in a smooth manner so they can keep up with the job market's ongoing changes. With our expertise of global business, we innovate in our daily work by starting something new and motivating our students to make a difference in the world of business.
By using renowned professionals as Professors of Practice and guest speakers, we continuously push ourselves to take learning and instruction outside the traditional classroom setting during the MBA finance distance learning program.
Distance MBA In Financial Management Course Details
University Name |
Indira Gandhi National Open
University |
Degree |
Postgraduate |
Approval |
UGC-DEB | NAAC A++ |
Duration |
MIN - 2 Years | MAX- 4 Years |
Age |
No Age Limit |
Eligibility |
Graduation from a recognized
university |
Fees Incurred |
INR 2,12,440/-for full course |
Average Salary Offered |
INR 5 LAKHS TO 8 LAKHS PER
ANNUM |
By virtue of the Indira Gandhi National Open University Act of 1985, the Indira Gandhi National Open University (IGNOU) was created. The institution is governed, owned, and under the control of the central government; for the first time, enrolment has topped four million. The university's online MBA program has received UGC-DEB approval and is recognized globally. You can discover all the details you require regarding the distance MBA in Finance program at the Indira Gandhi National Open University in this blog post. The former prime minister of India, Indra Gandhi, is honored by the name of the Indira Gandhi National Open University (IGNOU). It is one of the biggest open universities in the world and was founded in 1985 with a budget of Rs 20 million. IGNOU provides 227 programs across 21 schools and 67 regional centres in India. Its primary centre is located in New Delhi and is recognized by both NCTE and AICTE. IGNOU offers distance learning for BA, BSW, BCA, MCA, M. COM, M.Sc, event management, environmental studies, information security, performing arts, tourism studies, and other UG, PG, and diploma & certificate degrees. Over the years, the university has gained popularity and given millions of students a valuable education.
How to get Admission in MBA Financial Management in IGNOU 2023?
One of the simplest and most common admissions processes for IGNOU's distance MBA program is a direct visit to the university's official website by prospective candidates.
To enroll directly in this course, you can take the following steps:
- Go to the university's official website - Select the option for new admission, then register as a new user.
- Fill out the application or OPENMAT exam form.
- After that, be careful to show up on time for the entrance exam (IGNOU posts the entrance dates on its website).
- Following the announcement of the results, if you meet the cut-off, you can continue to fill out your application.
- Complete the application form completely, including the contact information and any past qualifications.
- Upload all required documentation before paying the academic fee online.
- Once the application has been submitted and verified, the institution will send you a confirmation email.
Is IGNOU MBA in Financial Management Good?
Students can further their education in a variety of fields, including management, commerce, the humanities, science and engineering, and more, thanks to the variety of distant learning and open learning courses offered by IGNOU. The distance MBA is one of the most well-known management programs offered by IGNOU, despite the fact that it offers a wide variety of management degrees. Some benefits IGNOU provides to distance MBA in Financial Management students include the following:
The following are some advantages that IGNOU offers to distance MBA students:
- The course has been approved by the UGC-DEB and is recognized internationally.
- The Financial Management program's distance MBA is affordable and open to a wide spectrum of students.
- The university delivers printed study materials or books to students' doorsteps.
- The study materials for the course are also accessible on the various IGNOU websites.
- Weekend counselling sessions are also available to students at IGNOU.
What is the fee structure of IGNOU MBA in Financial Management 2023?
The total cost of the distance MBA Finance Management program is Rs. 37,800, and it must be paid in advance by bank draft made out to the Indira Gandhi National Open University (IGNOU) from one of the recognized banks. Students are responsible for paying the relevant regional centre the academic fee at the start of each session.
What is the eligibility for an MBA in Financial Management in IGNOU?
A student must fulfil the following criteria in order to be considered for admission to the IGNOU distance MBA Financial Management program:
The following requirements must be met by applicants: - They must hold a bachelor's degree in any discipline from a university that is nationally recognized.
- To be eligible to apply for a distance MBA in Financial Management, students must have at least a 55% GPA in their final exam.
What is the course duration for an IGNOU MBA in Financial Management?
IGNOU's MBA in Financial Management program has a minimum duration of two years and a maximum duration of five years. Four semesters must be completed by students in two to four years. Employed students are allowed to take their time finishing the course. People are able to learn and operate in a more adaptable setting as a result.
What are the subjects/syllabus in MBA Financial Management IGNOU 2023?
The curriculum for the IGNOU Distance MBA in Financial Management is extensive and gathers all managerial concepts from several disciplines in one location. The subjects that are available through the distance MBA in Financial Management program at IGNOU are listed below:
SEMESTER 1 |
SEMESTER 2 |
Managerial Economics |
Human Resource Management |
Managerial Accounting |
Financial Management |
Quantitative Techniques |
Operations Management |
OB & Management Processes |
Research Methodology |
Marketing Management |
MIS for Managers |
Emerging Area Course-1 |
Emerging Area Course – 2 |
Business Communication |
- |
Business Law |
- |
SEMESTER 3 |
SEMESTER 4 |
Strategic Management |
Investment Analysis &
Portfolio Management |
Business Ethics |
Financial Engineering &
Risk Management Derivatives (include Commodities and Financial) |
Corporate Governance |
Project Management and Control |
CSR |
Project Financing – including
WCM & CAPM |
- |
Management of Financial
Services |
How to apply for an IGNOU MBA in Financial Management entrance exam 2023?
There is an entrance exam for MBA program admissions. To apply for admission, candidates must pass the entrance exam. To enroll in the distance MBA program, candidates must pass the IGNOU Common Management Entrance Exam. Students can sign up for the IGNOU OPENMAT entrance exam on the institution's official website.
Prior to take the admission exam, candidates must also meet the qualifications for the specific expertise they choose to pursue.
Is Openmat necessary for an IGNOU MBA in Financial Management?
Students interested in MBA programs at IGNOU's School of Management Studies can take the OPENMAT. OPENMAT is a countrywide admissions exam for IGNOU's MBA and PGDM programs. The IGNOU OPENMAT exam is given by NTA twice a year in July and January. Candidates may apply for admission to any of the cycles if they have valid grades. Management students who want to apply to MBA programs must take the OPENMAT.
Other Management Courses Offered by IGNOU
The Indira Gandhi National Open University (IGNOU) offers a number of management programs that can assist you in fully comprehending a range of managerial subjects.
The management programs offered by IGNOU are as follows:
- Distance BBA
- Distance MBA
- Distance MBA In Financial Management
- Distance MBA In Operations Management
- Distance MBA In Marketing Management
- Distance MBA In Human Resources Management
- Distance MBA in International Business Management
- Distance MBA in Information Technology
- Distance MBA in Supply Chain Management
- Distance MBA in Banking and Finance Management
- Distance MBA in Hospital Administration
- Distance MBA in Hospitality Management
- Distance MBA in Retail Management
- Distance MBA in Rural Management
- Distance MBA in Business Management
- Distance MBA in Project Management
- Distance MBA in International Trade Management
How can I download the IGNOU MBA Financial Management prospectus in 2023?
The common prospectus for the IGNOU is available on the institution's website. Students can get the entire prospectus, which contains all the information about the courses offered, the pricing structure, the eligibility requirements, and other important information, by selecting the option for a common prospectus 2023 on the IGNOU website. Students can discover everything they need to know about the university, including its accomplishments, defining characteristics, comprehensive information about its programs, prerequisites, and IGNOU's online learning programs.
How can I download IGNOU MBA Financial Management Study Material in 2023?
The common prospectus for the IGNOU is available on the institution's website. Students can get the entire prospectus, which contains all the information about the courses offered, the pricing structure, the eligibility requirements, and other important information, by selecting the option for a common prospectus 2023 on the IGNOU website. Students can discover everything they need to know about the university, including its accomplishments, defining characteristics, comprehensive information about its programs, prerequisites, and IGNOU's online learning programs.
What is the Top Distance MBA Financial Management Colleges in India for IGNOU Alternative?
There are plenty of management colleges available for distance MBA courses. Here are some top recognized universities that offer distance MBA Financial Management:
- NMIMS
- NMIMS - Deemed to be University
- Jain University
- Symbiosis Institute of Management
- Chandigarh University
- UPES, Dehradun
Can I get a Scholarship in IGNOU for MBA Financial Management programs?
students enrolled in the standard, full-time Master's degree program at IGNOU. Scholarships from IGNOU are offered for those pursuing a PhD, SC, OC, or ST degree. The parents' or guardians' annual income should not be more than Rs. 3 lakhs. Through the Buddy4Study portal, candidates can submit their applications online. The selected MBA students will receive a scholarship worth INR 1,000,000 ($1,000,000) for the length of their MBA program.
Does IGNOU offer Placements?
In order to assist students in finding employment, the Indira Gandhi National Open University (IGNOU) established a Campus Placement Cell in 2005. The placement cell oversees all placement-related tasks and assists students in locating suitable employment. To provide campus placements and address placement-related issues that affect all students in all programs, the cell was established.
On the other hand, at the university's regional centres, the Campus Placement Cell (CPC) organizes recruitment drives, career fairs, and employability improvement programs. Campus placement departments at distance education institutions actively urge students to pursue their coursework online while also assisting them in building a stable future. The campus placement departments at IGNOU actively encourage students to continue their education online while also assisting them in building a promising career.
Is there any difference between IGNOU MBA in Financial Management and IGNOU Distance MBA in Financial Management?
Compared to regular MBA programs, a remote MBA in financial management is significantly less expensive. The MBA distance program is advantageous to working people since it enables them to work in a more flexible setting. There is no difference between the IGNOU MBA and IGNOU Distance MBA programs because IGNOU only provides distance learning options.
What is the scope after completing an IGNOU MBA in Financial Management?
Distance MBA in Finance is a specially designed course for those who are willing to work in the trading and financial market.
This is one of the emerging fields of management and students can take up certain job positions:
- Investment Banker
- Corporate Banking
- Corporate Controllers
- Insurance and Risk Managers
- Investing Sales Traders and Associates
Final Remarks
Students who want to work in banks and financial institutions as managers can enroll in a 2-year distance learning MBA in Finance Management program. In its remote learning program, IGNOU offers a wide range of MBA specialties, all of which are recognized by the UGC-DEB. I hope you were able to get all the information you needed about the IGNOU distance learning MBA in Finance Management.
Distance MBA In Financial management (FAQs)
Is IGNOU MBA in Financial Management AICTE approved?
IGNOU is a well-recognized university which is globally approved by the AICTE.
When to apply for an IGNOU MBA in Financial Management?
Tests 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 MBA in Financial Management?
Students must first meet the course's eligibility conditions before applying for the IGNOU MBA in the Financial Management programme. The students must then take the university entrance exams.
Is IGNOU MBA in Financial Management valid for Government Jobs?
Yes, IGNOU MBA in Financial Management is valid for government and private sector jobs, for both of them.
Is IGNOU MBA in Financial Management recognized worldwide?
IGNOU's MBA in Financial Management degree will be recognized globally because it is a globally recognized university.
Is IGNOU MBA in a Financial Management degree valid?
Yes, IGNOU diplomas are recognized throughout the country. The university is well-known and accredited by the UGC and NAAC, which adds to its overall value.
When is IGNOU MBA in the Financial Management entrance test?
In 2023, IGNOU MBA admissions will be determined by the OPENMAT MBA university-level entrance exam. On April 11th, 2023, the OPENMAT was held.
How to apply for the IGNOU MBA in the Financial Management entrance exam?
Students must get the prospectus from IGNOU's official website. Then, using the application URL listed above, you can apply for the OPENMAT admission exam online.
How does a candidate become eligible for a term-end examination in IGNOU?
A student needs to be available for the minimum time period set by the university, for instance, a master’s or bachelor’s degree student needs to be available for at least one year of the program.
What is the duration of distance MBA in IGNOU?
The minimum duration of an MBA is 2 years and the maximum duration is 4 years.
Does IGNOU refund the academic fees in case of cancellation of the program?
IGNOU refunds fees only when the university denies admission due to any reason. But in case of the cancellation of the program from the student’s side, the fee will not be refunded.