Is Online MBA In Financial Management IGNOU Good? - Info
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Is Online MBA In Financial Management IGNOU Good? - Ultimate Guide 2023

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What is IGNOU Online MBA in Financial Management?

MBA Finance is a two-year post-graduate programme with four semesters that focuses on business finances and accounting management in order to fulfil specific financial goals. MBA finance online courses teach students about pricing, asset management, risk management, and financial planning, among other topics. MBA finance remote learning covers financial management, financial planning, cost of capital, and other topics in depth. Throughout the course, students will learn how to apply their knowledge in the real world of finance and trade.

Flexible tutorial times, assignment submission, semester exams, and other aspects in online MBA finance courses allow the seamless learning of the most up-to-date skill sets to stay up with the job market's constant changes. In practise, we start something new with our global business bits of knowledge and engage our students to have any sort of business effect on the rest of the world.

During the MBA finance distance learning programme, we constantly challenge ourselves to take learning and instruction outside the classroom by bringing in famous experts as Professors of Practice and visiting lecturers.

About IGNOU

Indira Gandhi National Open University was established in the year 1985 and has been promoting online education ever since. The university is well-known and is recognized by the UGC. The institution is run, owned, and supervised by the federal government, and enrollment has topped four million for the first time. The university's online MBA programme has been authorised by the UGC-DEB and is recognised worldwide. This blog post will provide you with all of the information you require regarding the online MBA in Finance programme offered by the Indira Gandhi National Open University.

The Indira Gandhi National Open University (IGNOU) is named after India's former Prime Minister, Indra Gandhi. It is one of the world's largest open universities, having been founded in 1985 with a budget of Rs 20 million. IGNOU has 227 programmes in India, including 21 schools and 67 regional centres.


It is accredited by the NCTE and the AICTE, and its main centre is in New Delhi. IGNOU distance education offers BA, BSW, BCA, MCA, M. COM, M.Sc, Event Management, Environmental Studies, Information Security, Performing Arts, Tourism Studies, and other UG, PG, Diploma, and Certificate degrees. Over the years, the university has grown in popularity and delivered quality instruction to millions of students.

How to get Admission in Online MBA Financial Management in IGNOU 2023?

The online MBA admission procedure at IGNOU is one of the most straightforward and well-established, and candidates can apply online at IGNOU's official website. You can enrol in this course by following the steps outlined below:

- Visit the university's official website.
- Select the option for new admittance and then create a new user account.
- Fill out the application form or the OPENMAT exam form.
- Then make sure you show up for the entrance exam on time (IGNOU releases the entrance dates on its website).
- If you are picked by the university as per the cut-off, you can fill out your application form after receiving the results.
- Fill out the application form completely (contact details, prior qualifications, etc.)
- After you've uploaded all of the required documents, you can proceed to pay the academic fee online.
- Then submit the application form, and after the institution has completed the verification procedure, you will receive a confirmation email from them.

Is IGNOU Online MBA in Financial Management Good?

IGNOU offers a wide range of distant and open learning courses in disciplines including management, business, humanities, science and engineering, and more. The online MBA is one of the most well-known management programmes offered by IGNOU, despite the fact that it offers a wide range of management degrees. The following are some of the benefits that IGNOU provides to students doing an online MBA in Financial Management:

- The UGC-DEB has approved the course, and it is recognised globally.
- The Financial Management online MBA programme is affordable and accessible to a wide range of people.
- The university delivers printed study materials or books to students' homes.
- Study resources for the course are also available on IGNOU's numerous websites.
- On weekends, students can attend IGNOU counselling sessions.

What is the Fee Structure of Online IGNOU MBA in Financial Management 2023?

The total academic cost of the online MBA Finance Management programme is Rs. 37,800, which must be paid in advance via bank draught in the name of the Indira Gandhi National Open University from any of the recognised banks (IGNOU). Students are responsible for paying the academic fee to the relevant regional centre at the beginning of each session. Also Read: IGNOU Distance MBA Fees.

What is the Eligibility for an Online MBA in Financial Management in IGNOU?

A student must meet the following prerequisites to be considered for admission to the IGNOU online MBA Financial Management programme:

  • Students must hold a bachelor's degree in any discipline from a nationally recognised university.
  • To apply for an online MBA in Financial Management, students must have a graduating grade point average of at least 55 percent.

What is the Course Duration for an IGNOU Online MBA in Financial Management?

IGNOU's MBA in Financial Management programme lasts a minimum of two and a maximum of five years. In two to four years, students must finish four semesters. Employed students can take their time completing the course. People can study and work in a more flexible setting as a result.

What are the Subjects/Syllabus in Online MBA Financial Management IGNOU 2023?

The IGNOU Online MBA in Financial Management curriculum is comprehensive, covering all managerial principles from a variety of disciplines in one place. All of the subjects offered through IGNOU's online MBA in Financial Management programme are listed below:

Semesters Subjects
Semester 1 - Managerial Economics
- Managerial Accounting
- Quantitative Techniques
- OB & Management Processes
- Marketing Management
- Business Communication
- Business Law
- Emerging Area Course-1
Semester 2 - Human Resource Management
- Financial Management
- Operations Management
- Research Methodology
- MIS for Managers
- Emerging Area Course – 2
Semester 3 - Strategic Management
- Business Ethics ,Corporate Governance, CSR
Semester 4 - Investment Analysis & Portfolio Management
- Financial Engineering & Risk Management
- Derivatives (include Commodities and Financial)
- Project Management and Control
- Project Financing – including WCM & CAPM
- Management of Financial Services
- M & A
- International Financial Management

Online MBA Course Details

University Name Indira Gandhi National Open University
Degree Postgraduate
Full-Form Master’s in Business Administration
Specialization Financial Management
Approval UGC-DEB, AICTE, NAAC with A++ Grade
Duration Minimum Duration: 2 years Maximum Duration: 4 years
Age No Age Limit
Eligibility Graduation from a recognized university
Fees Incurred INR 37,800/-for full course
Average Salary Offered INR 5 LAKHS TO 8 LAKHS PER ANNUM

How to Apply for an IGNOU Online MBA in Financial Management Entrance Exam 2023?

There is an entrance examination for MBA programme admissions. To apply for admission, candidates must pass the entrance examination. To enrol in the online MBA programme, students must pass the IGNOU common management entrance exam. Students can apply for IGNOU's OPENMAT entrance exam on the university's official website.

Prior to taking the admission exam, candidates must also complete the qualifying requirements for the specific specialty they wish to study. Also Learn About: Top 22 Alternative University.

Is Openmat Necessary for an IGNOU Online MBA in Financial Management?

Students interested in MBA programmes can take the OPENMAT at IGNOU's School of Management Studies. IGNOU's OPENMAT is a countrywide admissions test for MBA and PGDM programmes. The IGNOU OPENMAT exam is given by NTA twice a year, in July and January. Candidates who have received valid grades are eligible to apply for any of the cycles. Management students must take the OPENMAT in order to apply to MBA programmes.

How can I Download the IGNOU Online MBA Financial Management Prospectus in 2023?

On the university's official website, you can find the IGNOU's common prospectus. Students will find the option for a common prospectus 2023 on the IGNOU website, which they must select in order to view the entire prospectus, which will contain all of the information about the courses offered, the pricing structure, the Eligibility Criteria, and other relevant information. Students will find all of the necessary information about the university, such as its accomplishments, distinguishing characteristics, complete information on the university's programmes, eligibility criteria, and IGNOU's online learning programmes.

How can I Download IGNOU Online MBA Financial Management Study Material in 2023?

IGNOU study tools are available through a range of venues for both students and teachers. Students can access study materials and other program-related information using IGNOU mobile apps, such as the IGNOU e-content mobile app, and repositories like eGyan Kosh.

The IGNOU e-content app allows students to seek up the curriculum for any programme. eGyan Kosh is a digital platform that offers over 2500 distinct courses with study materials and online video lectures. IGNOU students appreciate how convenient it is to have all of their study materials available online.

What are the Top Online MBA Financial Management Colleges in India for IGNOU Alternative?

A lot of colleges other than IGNOU are there for MBA in Financial Management, let us take a look at the colleges that offer MBA in Financial Management such as:

  1. NMIMS - Deemed to be University
  2. Jain University
  3. Symbiosis Institute of Management
  4. Chandigarh University
  5. UPES, Dehradun

Can I get a Scholarship in IGNOU for Online MBA Financial Management Programs?

Students enrolling in the regular full-time Master's degree programme at IGNOU. Students pursuing a PhD, SC, OC, or ST degree can apply for IGNOU scholarships. The parents' or guardians' annual income should not exceed Rs. 3 lakhs. The Buddy4Study platform allows candidates to apply online. The selected MBA students will receive a scholarship of INR 1,000,000 for the duration of their MBA programme (INR 1.00 Lakh per year).

Management Courses Offered by IGNOU

The Indira Gandhi National Open University (IGNOU) offers a variety of management programmes that can help you get a comprehensive understanding of a variety of managerial disciplines. The following are the management programmes provided by IGNOU:

  1. Online BBA
  2. Online MBA
  3. Online MBA In Financial Management
  4. Online MBA In Operations Management
  5. Online MBA In Marketing Management
  6. Online MBA In Human Resources Management
  7. Online MBA in International Business Management
  8. Online MBA in Information Technology
  9. Online MBA in Supply Chain Management
  10. Online MBA in Banking and Finance Management
  11. Online MBA in Hospital Administration
  12. Online MBA in Hospitality Management
  13. Online MBA in Retail Management
  14. Online MBA in Rural Management
  15. Online MBA in Business Management
  16. Online MBA in Project Management
  17. Online MBA in International Trade Management

Does IGNOU offer Placements?

In 2005, the Indira Gandhi National Open University (IGNOU) established a Campus Placement Cell to assist students in finding work. All placement-related activities are overseen by the placement cell, which also assists students in locating suitable employment. The cell was established to assist students in all programmes with campus placements and to resolve placement-related issues.

On the other hand, at the university's regional centres, the Campus Placement Cell (CPC) organises placement drives, career fairs, and employability enhancement programmes. Campus placement sections at distance education institutions actively encourage students to take their courses online while also assisting them in building a strong future. Campus placement departments at IGNOU aggressively encourage students to complete their courses online while also assisting them in securing a stable future.

Is there any Difference Between IGNOU MBA in Financial Management and IGNOU Online MBA in Financial Management?

An online MBA in Financial Management is significantly less expensive than a typical MBA programme. The MBA online programme benefits working people since it allows them to work in a more flexible environment. There is no distinction between the IGNOU MBA and IGNOU online MBA programmes because IGNOU only offers distance programmes.

What is the Scope after completing an IGNOU Online MBA in Financial Management?

An online MBA in Finance is a programme intended specifically for students interested in working in the trading and financial markets. This is a developing field of management, and students can work in the following positions:

  • Investment Banker
  • Corporate Banking
  • Corporate Controllers
  • Insurance and Risk Managers
  • Investing Sales Traders and Associates

Conclusion

An online MBA in Finance Management is a two-year management programme designed for students who want to work in management roles in banks and financial institutions. IGNOU offers a variety of MBA specialties through remote learning, all of which are genuine because the institution has been accredited by the UGC-DEB. I hope you were able to get all of the information you needed about IGNOU's online MBA Finance Management programme.

FAQs

⭐ Is IGNOU Online 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 Online 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 Online MBA in Financial Management?

Students must first meet the course's eligibility conditions before applying for the IGNOU Online MBA in the Financial Management programme. The students must then take the university entrance exams.

⭐ Is IGNOU Online MBA in Financial Management valid for Government Jobs?

Yes, IGNOU Online MBA in Financial Management is valid for government and private sector jobs, for both of them.

⭐ Is IGNOU Online MBA in Financial Management Recognised Worldwide?

IGNOU's Online MBA in Financial Management degree will be recognised globally because it is a globally recognised university.

⭐ Is IGNOU Online MBA in a Financial Management Degree Valid?

Yes, IGNOU diplomas are recognised throughout the country. The university is well-known and accredited by the UGC and NAAC, which adds to its overall value.

⭐ When is IGNOU Online MBA in the Financial Management Entrance Test?

In 2023, IGNOU Online 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 Online 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 an online 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.

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