What Is IGNOU MBA in Finance Management? - Guide 2024
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What Is IGNOU MBA In Financial Management? - Guide 2024

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MBA Finance distance learning is a two-year post-graduate program with four semesters that focuses on the finances and accounting management of businesses in order to meet certain financial goals. MBA finance remote learning gives students a thorough understanding of pricing, asset management, risk management, and financial planning, among other topics. Financial management, financial planning, cost of capital, and other topics are covered in depth by MBA finance remote learning. Students will learn how to apply their knowledge in the actual world of finance and trade during the course

Distance MBA finance courses with flexible tutorial timings, assignment submission, semester exams, and other features aid in the seamless learning of the most up-to-date skill sets to keep up with the job market's continuous changes. Innovation in practise, we start something new with our global business bits of knowledge and engage our students to have any kind of business effect in the wider world.

We consistently challenge ourselves to take learning and instruction outside the classroom during the MBA finance distance learning program by employing prominent experts as Professors of Practice and visiting speakers.

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

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 Finance program. The Indira Gandhi National Open University (IGNOU) is named after Indra Gandhi, India's previous Prime Minister. It was established in 1985 with a budget of Rs 20 million and is one of the world's largest open universities. In India, IGNOU offers 227 programmes through 21 schools and 67 regional centres. 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 in MBA Financial Management in IGNOU 2024?

The admission procedure of distance MBA at IGNOU is one of the easiest and conventional procedures and students can directly visit the official website of IGNOU.

You can follow the below given steps to take admission directly in this course:
- Visit the official website of the university
- Click on the option of fresh admission and then register yourself as a new user.
- Fill the application form or the form of OPENMAT exam.
- Then, make sure you appear for the entrance exam at the given date (IGNOU releases the entrance dates on its website).
- After the result, if you get selected by the university as per the cut-off then you can proceed to fill your application form.
- Fill all the details in the application form (contact details, prior qualifications, etc.)
- Upload all the necessary documents and then proceed to submit the academic fee online.
- Then, submit the application form and you will get the confirmation mail from the university after the verification process.

Is IGNOU MBA in Financial Management Good?

IGNOU offers a diverse choice of distance and open learning courses, allowing students to advance their education in subjects such as management, business, humanities, science and engineering, and more. Despite the fact that IGNOU offers a wide range of management programs, the distance MBA is one of the most well-known management programs. The following are some of the advantages that IGNOU offers to distance MBA In Financial Management students:

Some of the benefits that IGNOU provides to distance MBA students are as follows:
- The course has been approved by the UGC-DEB and is recognised worldwide.
- The distance MBA in the Financial Management program is cost-effective and accessible to a wide range of people.
- Students receive printed study materials or books at their doorstep from the university.
- The course's study materials are also available on IGNOU's various websites.
- Students also get counseling sessions in IGNOU on weekends.

What is the fee structure of IGNOU MBA in Financial Management 2024?

The entire academic price for the distance MBA Finance Management program is Rs. 37,800, which must 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 Financial Management in IGNOU?

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

The eligibility criteria are as follows:
- 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 in order to apply for a distance MBA in Financial Management.

What is the course duration for an IGNOU MBA in Financial Management?

The MBA in Financial Management 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 Financial Management IGNOU 2024?

The IGNOU Distance MBA in Financial Management 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 Financial Management program:

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 2024?

For MBA programme admissions, there is an entrance examination. Candidates must pass the entrance examination in order to apply for admission. Students must pass the IGNOU common management entrance exam in order to enrol in the distance MBA programme. On the university's official website, students can register for IGNOU's OPENMAT entrance exam.

Candidates must also meet the qualifying requirements for the particular speciality they choose to pursue prior to taking the entrance examination.

Is Openmat necessary for an IGNOU MBA in Financial Management?

At IGNOU's School of Management Studies, students interested in MBA programmes can take the OPENMAT. OPENMAT is a nationwide admission test for MBA and PGDM programmes offered by IGNOU. NTA administers the IGNOU OPENMAT exam twice a year, in July and January. Candidates with valid grades are eligible to apply for admission to any of the cycles. To apply to MBA programmes, management students must take the OPENMAT.

Other 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 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 2024?

The IGNOU's common prospectus can be found on the university's official website. On the IGNOU website, students will discover the option for a common prospectus 2024, which they must pick in order to access the whole prospectus, which will include all of the data regarding the courses offered, the pricing structure, the Eligibility Criteria, and other pertinent information. Students will find all of the required information about the university, including its successes, distinguishing traits, full information about the university's programmes, eligibility criteria, and IGNOU's online learning programmes.

How can I download IGNOU MBA Financial Management Study Material in 2024?

Both students and teachers can access IGNOU study resources through a variety of channels. Students can access study materials and other program-related information through repositories like eGyan Kosh and mobile apps from IGNOU including the IGNOU e-content mobile app

Students can look up the curriculum for any program using the IGNOU e-content app. eGyan Kosh is a digital platform that offers study materials and online video lectures for over 2500 different courses. IGNOU students appreciate the ease of having all of their study material online.

What are 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 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).

Does IGNOU offer Placements?

The Indira Gandhi National Open University (IGNOU) has a Campus Placement Cell that was established in 2005 to help students find work. The placement cell is in charge of all placement-related activities and supports students in finding suitable work. The cell was created to provide campus placements and to solve placement-related difficulties that arise among all students in all programs.

The university's Campus Placement Cell (CPC) arranges placement drives, career fairs, and employability enhancement programs at the university's regional centres, on the other hand. Distance education institutions' campus placement units actively encourage students to pursue their courses online while also supporting them in establishing a solid future. IGNOU's campus placement units actively encourage students to pursue their studies online while also supporting them in establishing a solid future.

Is there any difference between IGNOU MBA in Financial Management and IGNOU Distance MBA in Financial Management?

A remote MBA in Financial Management costs a lot less than a traditional MBA programme. Working individuals benefit from the MBA distance programme since it allows them to work in a more flexible environment. Because IGNOU solely offers distance programmes, there is no distinction between the IGNOU MBA and IGNOU Distance MBA programmes. Also Read: EMBA Finance Management 2024.

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

Distance MBA in Finance Management is a 2-year management course offered to students who are willing to work in banks and financial institutions 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.

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 recognised worldwide?

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

⭐ Is IGNOU 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 MBA in the Financial Management 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 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.

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