What Is IGNOU MBA in Fintech? - Guide 2024
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What Is IGNOU MBA In Fintech Management? - Guide 2024

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Distance MBA in Fintech is a two-year postgraduate course, and if students are graduated from a recognised university, they are eligible to give the entrance exam of IGNOU MBA Fintech; OPENMAT. Distance MBA enables students to build their knowledge and connections in leading companies. Fintech is a mix of finance and technology that allows you to learn how to deliver financial services efficiently using innovative technologies in this field. In the present world of finance and trade, students learn how to apply their knowledge.

Distance MBA fintech courses with flexible tutorials, job applications, semester examinations and other features help to seamlessly learn the latest knowledge and skills, which are designed to adapt to the continuous change in the labour market. Innovation in practice, with our global business knowledge, we begin something new and involve our students in having any business effect in the whole world.

The Indira Gandhi National Open University (IGNOU) was established in 1985 by the Indira Gandhi National Open University Act. The central government governs, owns, and supervises the institution, and enrollment has surpassed four million for the first time. The university's distance MBA program is UGC-DEB approved and accepted worldwide. In this blog post, you will find all of the information you need about the Indira Gandhi National Open University's distance MBA in Fintech program.

It is NCTE and AICTE accredited and has its main centre in New Delhi. 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 are available through IGNOU distance education. The university has gained momentum over the years and provided valuable education to millions of students.

How to get Admission to MBA Fintech in IGNOU 2024?

The distance MBA in Fintech admission procedure at IGNOU is the simplest and most convenient procedure and students may visit the official IGNOU website directly. In this course, you can follow the steps given below to accept:

  • Visit the university's official website
  • Click on the new entrance option and register as a new user.
  • Fill in the request form or OPENMAT examination form.
  • Then ensure that you appear at that date for the admission examination (IGNOU releases the entrance dates on its website).
  • After this, you can fill in your application form if your university is selected according to the cut-off.
  • In the application form, complete all details (contact details, prior qualifications, etc.)
  • Upload all documents required and then submit an online academic fee.
  • Then submit an application form and after the verification process, you will receive the confirmation email from the university.

Is IGNOU MBA in Fintech Good?

IGNOU offers a variety of distance and open courses that allow students to advance their studies in areas such as management, business, science, engineering and more. Although IGNOU offers a broad range of management programmes, the MBA distance is one of the most famous administration programmes. In Fintech students, IGNOU offers some of the advantages which are as follows:

  • The course is accepted by the UGC-DEB and is internationally recognised.
  • A wide range of people can access the Distance MBA in the Fintech Program at a low cost.
  • Students receive materials or books from the university at their doorstep.
  • IGNOU's various websites also provide study materials.
  • Students also take the doubt sessions on weekends in IGNOU.

What is the Fee Structure of the IGNOU MBA in Fintech 2024?

The academic fee structure for the distance MBA Fintech program is Rs. 37,800. This fee structure is to be paid in advance via bank draft from any of the designated banks in the name of the Indira Gandhi National Open University (IGNOU). The academic fee is payable at the beginning of each session, and students are responsible for paying it to the appropriate regional centre.

What is the Eligibility for an MBA in Fintech in IGNOU?

To be considered for admission to the IGNOU distance MBA Fintech program, a student must meet the following requirements:

  • Students must have a bachelor's degree from a nationally recognised university in any discipline.
  • Students need to score at least 55% in their graduation to apply for a distance MBA in Fintech.

What is the Course Duration for an IGNOU MBA in Fintech?

The MBA in Fintech programme at IGNOU lasts a minimum of two years and a maximum of five. Students must complete four semesters in two to four years. Students who are employed can take their time to complete the course. As a result, people can study and work in a more flexible environment.

What are the Subjects/Syllabus in MBA Fintech IGNOU 2024?

The IGNOU Distance MBA in Fintech curriculum is comprehensive, encompassing all managerial principles from a range of subjects in one place. The following is a list of all the subjects offered through IGNOU's distance MBA in the Fintech program:

Semesters Subjects
Semester 1 - Principles of Economics & Markets
- Managerial Effectiveness & Ethics
- Accounting & Finance
- Organizational Behaviour & Human Resources Management
- Quantitative Techniques & Analytics
Semester 2 Entrepreneurship
Marketing Management & Research
Financial Markets
Introduction to FinTech
FinTech in Banking & Finance
Semester 3 - Business Environment & Strategy
- Operations Management
- Blockchain and Applications
- Cryptocurrencies
- Cloud Computing
- Open Elective Course
Semester 4 - Robotic Process Automation
- Machine Learning in FinTech
- Artificial Intelligence in FinTech
- FinTech in Payment & Lending
- Cross-Functional Elective Course
- Master Thesis / Project

Distance MBA in Fintech Course Details


University Name Indira Gandhi National Open University
Degree Postgraduate
Full Form Master’s in Business Administration
Specialization Fintech
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 MBA in Fintech Entrance Exam 2024?

To get admission to any program of MBA in IGNOU every candidate need to give an OPENMAT entrance exam conducted by IGNOU. In order to apply for the OPENMAT entrance exam, the students are required to submit the online application form on the official website of IGNOU. Only students who have completed their bachelor’s degree from a recognized university in any discipline can apply for the OPENMAT exam. Then the admission to the MBA Fintech course totally depends on the marks that the students will obtain in OPENMAT.

Is Openmat Necessary for an IGNOU MBA in Fintech?

At IGNOU's School of Management Studies, students interested in MBA programmes are needed to give the OPENMAT. OPENMAT is a nationwide admission test for MBA and PGDM programmes conducted by IGNOU. NTA administers the IGNOU OPENMAT exam twice a year, in July and January. Candidates who are eligible for the application for the entrance test can apply for admission to any of the cycles. Hence, OPENMAT is necessary to get admission to the IGNOU distance MBA in Fintech.

How can I Download the IGNOU MBA Fintech Prospectus in 2024?

On the official website of the university, the IGNOU common prospectus is available. Students will find on the IGNOU website an option for a joint 2024 prospectus that they will have to pick to access the entire prospectus, which will include all the information on the courses they are offering, their pricing structure, eligibility criteria and other information. All of its academic achievements, distinguishing qualities, complete university programmes, eligibility criteria and Online Learning programmes will be provided to students in order to find the required information.

How can I Download IGNOU MBA Fintech Study Material in 2024?

Students and teachers can use a variety of channels to access the study materials provided by IGNOU. Students may use eGyan Kosh deposits and IGNOU moving applications such as IGNOU mobile e-content apps to access study materials and other programmes related information.

Using the IGNOU e-content app, students can view the curriculum for any programme. Gyan Kosh is the digital platform for over 2500 different courses offering materials and online video lectures. All of your study materials are online to students of IGNOU.

What are the Top Distance MBA Fintech Colleges in India for IGNOU Alternative?

Other than IGNOU a lot of colleges are offering MBA in Fintech courses through distance mode of learning, let us take a look at the colleges that offer MBA in Fintech 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 MBA Fintech Programs?

Students who are enrolled in IGNOU's normal full-time Master's degree programme. IGNOU scholarships are available to students seeking a PhD, SC, OC, or ST degree. The annual income of the parents or guardians should not exceed Rs. 3 lakhs. Candidates can apply online through the Buddy4Study platform. The MBA students who are chosen will receive a scholarship of INR 1,00,000 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) provides a number of management programmes that can help you gain a thorough understanding of a variety of managerial topics. The management programs offered by IGNOU are as follows:

- Distance BBA
- Distance MBA
- Distance MBA In Fintech
- 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

Is there any Difference Between IGNOU MBA in Fintech and IGNOU Distance MBA in Fintech?

No, there is no such difference between IGNOU MBA in Fintech and IGNOU Distance MBA in Fintech. IGNOU provides all its courses through online and distance mode of education. Similarly, the MBA in Fintech course is also provided in the distance mode of learning by the Indira Gandhi National Open University. But due to the recognition of IGNOU, the name of the Distance MBA in Fintech course has become the IGNOU MBA in Fintech. As a result, there is not any difference between IGNOU MBA in Fintech and IGNOU Distance MBA in Fintech courses, they both are the same.

What is the Scope after Completing an IGNOU MBA in Fintech?

Distance MBA in Fintech 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:

  • Blockchain Developer.
  • Apps Developer.
  • Financial Analyst.
  • Product Manager.
  • Compliance Expert.
  • Cybersecurity Analyst.
  • Quantitative Analyst.
  • Culture Champions.

Conclusion

Distance MBA in Fintech is a 2-year postgraduate level management course offered to students who are willing to work in the technical finance field at managerial positions. IGNOU provides a myriad of MBA specializations in the distance mode and they all are valid as the university has been approved by UGC-DEB. I hope you found all the information related to distance MBA Finance Management offered by IGNOU.

FAQ's

⭐ Is IGNOU MBA in Fintech AICTE Approved?

IGNOU is a well-recognized university that is globally approved by the AICTE.

⭐ When to Apply for an IGNOU MBA in Fintech?

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 Fintech?

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

⭐ Is IGNOU MBA in Fintech valid for Government Jobs?

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

⭐ Is IGNOU MBA in Fintech Recognised Worldwide?

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

⭐ Is IGNOU MBA in a Fintech 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 MBA in the Fintech Entrance Test?

In 2024, IGNOU MBA admissions will be determined by the OPENMAT MBA university-level entrance exam. On April 11th, 2024, the OPENMAT was held.

⭐ How to Apply for the IGNOU MBA in the Fintech 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.

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