What Is IGNOU MBA in Marketing and Finance? - Guide 2024
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What Is IGNOU MBA in Marketing and Finance? - Guide 2024

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Distance MBA Marketing and Finance Management is a 2-year post graduation course and it is for those who are passionate about working in the fields related to marketing and finance. This is a dual specialization course that provides the knowledge and skills of combined marketing and finance courses. IGNOU offers this course in online and distance mode and provides both printed and online study material. Students must have a bachelor’s degree in the relevant stream in order to apply for this course. The course provides a thorough understanding of financial management, corporate finance, and other aspects of marketing and finance management. Through this course, the candidates acquire the necessary skills to start a business or a start-up and give a wide scope for the development of career and skills.

The acronym IGNOU refers to Indira Gandhi National Open University, which was established in 1985 and has been offering distance learning courses since its inception. This university is governed, owned, overseen and supervised by the central government. The University’s online MBA program, which is recognised around the world, has been approved by the UGC-DEB. In this blog post, you'll learn everything you need to know about the distance MBA in Marketing and Finance Management course offered by Indira Gandhi National Open University.

Is IGNOU MBA Marketing and Finance good?

IGNOU offers a variety of distance and open learning courses in management, business, humanities, science and engineering, and other fields.IGNOU has the facility of online learning via different meeting platforms and mobile applications. The following are some of the benefits that distance MBA Marketing and Finance students can take advantage of through the IGNOU:

- The University Grants Commission (UGC) has recognised the university and National Assessment and Accreditation Council (NAAC) has awarded IGNOU with an A++ rating.
- Students who cannot afford the traditional modes of these courses can take advantage of the low-cost courses offered by IGNOU.
- The university offers a diverse range of management courses that cover nearly every aspect of the field.
- Because of the university's national standing, it is well-known and respected throughout the country for its academic excellence.
- In addition to having an outstanding faculty, the university offers students a schedule that is extremely accommodating.


Distance MBA Marketing and Finance Course Details

University Name Indira Gandhi National Open University
Degree Postgraduate
Full-Form MBA in Marketing and Finance
Specialization Banking and Finance
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/- per semester
Average Salary Offered INR 8 LAKHS TO 10 LAKHS PER ANNUM

What are the Eligibility Criteria of Distance MBA in Banking and Finance?

Admission to the IGNOU distance MBA program in Marketing and Finance is competitive and students must meet the following qualifications:

- Students must hold a bachelor's degree from a nationally recognised university in any discipline in order to be considered for admission.
- Candidates must have received a minimum of 55 per cent on their bachelor's degree exams.

What is the Duration of the IGNOU MBA in Marketing and Finance?

The duration of an MBA in Marketing and Finance is 2 years that can be completed in 5 years. This 2-year course consists of 4 semesters of 6 months each. The extended period is especially for the students who have to skip one year due to any situation. This will help them to complete the course in 5 years without any constraints.

What are the subjects in MBA Marketing and Finance?

MBA in Marketing and Finance is a highly professional course for students who are willing to work in any financial institution. The popular subjects of MBA Marketing and Finance are Principles of Marketing, Management Control System, Sales and Distribution Management, Derivatives & Risk Management and International Marketing, and so forth.

SEMESTER - 1 SEMESTER - 2
Financial & Management Accounting Global Financial Markets and Products
Business Communication Human Resource Management
Principles of Marketing E-Business Fundamentals
Quantitative Methods Consumer Research
Organizational Behavior Retail Marketing
Managerial Economics Strategic Management and Business Policy
SEMESTER - 3 SEMESTER - 4
Derivatives & Risk Management Sales and Distribution Management
Electives Electives
Summer Internship Advance IT Tools or Information System and Application
Management of Banks & Financial Institutions Service Marketing
Strategic Product Management Marketing Audit
Multinational Finance Emerging Marketing Concepts
Principles of Public Relations Rural Marketing
Advertising and Sales Promotion Marketing for Non-Profit Organization
Customer Relationship Management Viva-Voce
Marketing Laws International Marketing
Supply Chain Management Direct and Event Marketing
Corporate Communication Retail Buying Techniques

Management Courses Offered By IGNOU

Indira Gandhi National Open University (IGNOU) provides management programmes that can assist you in gaining a thorough understanding of various managerial topics, such as finance, marketing, and human resources, through distance learning. The following are the management programmes offered by IGNOU:

  • 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 Marketing 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

Does IGNOU Conduct any Entrance Exam for Distance MBA Banking and Finance?

Applicants applying for the distance MBA program in Marketing and Finance must pass a required entrance examination before they can be admitted to the program. The IGNOU requires students to pass the OPENMAT entrance examination before they can apply for enrollment in any management course offered by the university. Students who wish to enrol in the distance MBA programme at IGNOU must first pass the IGNOU common management entrance examination. Through the IGNOU's official website, students can register for the university's entrance exam, known as the OPENMAT, and submit their applications.

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

IGNOU has proven to be an extremely reasonable institution for a variety of courses that appear to be out of reach for many students. In comparison to other universities, IGNOU's MBA programmes have significantly lower tuition fees. IGNOU charges Rs. 37,800 in tuition fees for the distance MBA programme, which must be paid in advance by bank draft from any recognised bank in the name of Indira Gandhi National Open University (IGNOU). Students are responsible for paying the academic fee to their respective regional centres at the start of each semester or you can pay online. The primary mission of the IGNOU is to provide education to people who live in the most remote parts of the country. It is as a result of this that the IGNOU has made higher education more accessible to everyone.

How can I Download IGNOU MBA Marketing and Finance Study Material in 2024?

Through IGNOU's websites, students can access study materials and obtain answers to any questions they may have about the course. Various virtual platforms, such as Swayam and Google meet, are used to deliver online lectures. The institution also provides mobile applications for providing soft copy notes and participating in other types of doubt sessions. The study materials are accessible to the student via the internet. Once students have been accepted into the programme, they are given access to the IGNOU e-content app.

Students can use the IGNOU e-content app to browse the curriculum for any programme they are interested in. eGyanKosh is an online learning platform that offers study materials, video programmes, and over 2500 courses in a variety of subjects. Study materials for a variety of subjects are conveniently available in one location for IGNOU students, who appreciate the convenience.

How can I Download the IGNOU MBA Prospectus 2024?

IGNOU has made all pertinent information available on its website. Students can also access the IGNOU prospectus for any course on the website. On the website, you can access two prospectuses: the Common Prospectus 2024 and the Management Prospectus 2024. Management students can click on the management prospectus option to obtain information about all of their management courses, including eligibility requirements, fee structure, and syllabus.

How to Get Admission in Distance MBA Marketing and Finance in IGNOU 2024?

IGNOU's distance MBA admission procedure is one of the simplest in the industry, and students can apply online through the university's official website. To enrol in this course, simply follow the steps below:

  • Visit the official website of IGNOU
  • Choose the new admission option and then create a new user account.
  • Then, register yourself for the OPENMAT entrance exam.
  • Then ensure that you arrive on time for the entrance exam (IGNOU releases the entrance dates on its website).
  • If you get selected by the university based on the cut-off, you can begin filling out your application form immediately upon receiving your results.
  • Complete the application form in its entirety (contact details, prior qualifications, etc.)
  • After uploading all required documents, you can proceed to the online payment of the academic fee.
  • Then submit the application form; once the university has verified your information, you will receive an email confirmation from them.

How to Apply for IGNOU MBA in the Marketing and Finance Entrance Exam 2024?

The entrance exam of IGNOU MBA in Marketing and Finance is known as OPENMAT. Candidates can apply for the OPENMAT exam just by submitting the application form of the exam on the website. First, visit the website and then select the option of entrance exam from the drop-down. Fill in all your details in the application form and then submit.

Is OPENMAT Necessary for IGNOU MBA in Banking and Finance?

IGNOU takes entrance exams for all the MBA or PGDM courses and students are required to clear the exam in order to get admission in the MBA Marketing and Finance course. OPENMAT is a national level entrance exam for IGNOU MBA courses and it is necessary for MBA candidates to clear the exams.

What are the top Distance MBA Marketing and Finance Colleges in India for IGNOU Alternative?

Here are some top management colleges that offer MBA/PGDM in Banking and Finance:

  1. NMIMS
  2. IMT Ghaziabad
  3. Symbiosis Institute of Management
  4. JECRC University
  5. Jagannath University
  6. Devi Ahilya Vishwavidyalaya
  7. University of Kerala
  8. Shivaji University

Can I Get Scholarship In IGNOU for MBA Marketing and Finance Programs?

Because IGNOU is a government-funded institution, the Government of India awards scholarships to deserving students. The Government of India's National Scholarships Portal is a place where you can search for and apply for scholarships online. Through the site, students can apply for scholarships online, and they should ensure that they meet the eligibility requirements for the scholarships they wish to pursue.

Is There Any Difference Between IGNOU MBA in Marketing and Finance and IGNOU Distance MBA Banking and Finance?

Indira Gandhi National Open University is a university especially for distance learning courses, and all its courses are in the distance mode only. In conclusion, IGNOU MBA Marketing and Finance is the same as IGNOU distance MBA Banking and Finance.

Placement Assistance at IGNOU

Students can find employment through the university's well-established placement cell, which is run by the university. Students at IGNOU's Campus Placement Cell (CPC) receive assistance in their job search. The Campus Placement Cell (CPC) of the university was established in 2005 to assist students in their job search. The placement cell supervises all placement-related activities and also assists students in finding suitable employment opportunities.

The placement cell's mission was to assist students with placement-related concerns and to direct them to the best career path for them based on their interests and abilities. Placement drives, career fairs, and employability enhancement programmes are organised by the Campus Placement Cell (CPC) in the university's regional centres.

What is the Career Scope After Distance MBA Banking and Finance?

Here is the list of jobs that are available for you after this degree course:

  • Marketing manager
  • Accounts Assistant
  • Marketing Executives
  • Operations Manager
  • Digital Marketing Manager
  • Relationship Manager
  • Financial Consultant
  • Chief Financial Officer
  • Business Relationship Manager
  • Financial Risk Analyst
  • Securities Analyst
  • Business Development Manager

Winding Up

Distance MBA in Marketing and Finance is a two-year postgraduate programme designed for those interested in banking and finance-related activities. Students who have completed their bachelor's degree and are currently employed may choose this option because they are not required to quit their jobs in order to pursue higher education. I hope you found all the information you were looking for in this blog about IGNOU's distance MBA Marketing and Finance course.

FAQs

⭐ Is IGNOU Online MBA Marketing and Finance AICTE Approved?

Yes, IGNOU MBA Marketing and Finance has been approved by AICTE and also by UGC and DEB.

⭐ When to Apply for IGNOU MBA Marketing and Finance?

IGNOU opens admissions twice a year; January and July. Students can apply for the MBA Operations course by visiting the official website of IGNOU.

⭐ How to Apply for an IGNOU MBA in Marketing and Finance?

Students can apply for IGNOU MBA just by visiting the official website of IGNOU.

⭐ Is IGNOU MBA in marketing and finance Valid For Government Jobs?

Yes, you can apply for government jobs after IGNOU MBA.

⭐ Is IGNOU MBA in marketing and finance Recognised Worldwide?

IGNOU is a recognized university and students will get the egress which will be valid and recognized worldwide.

⭐ Is IGNOU MBA in Marketing and finance Degree Valid?

Yes, IGNOU has been recognized by UGC-DEB and AICTE and all its degrees including MBA are valid.

⭐ What is the IGNOU MBA in Marketing and Finance Entrance Test?

IGNOU conducts an entrance test for MBA which is called OPENMAT.

⭐ How to Apply For IGNOU MBA in Marketing and Finance Entrance Exam?

You can apply just by visiting the official website of IGNOU.

⭐ How many times does the University Conduct term-end Exams for Distance MBA Marketing and Finance in a year?

The university conducts exams twice a year and students can give exams of their concerned program in the months of June and December. If students are unable to give in the month of June then they can appear in the month of December for exams.

⭐ 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 Marketing and Finance at 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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