IGNOU MBA Banking and Finance 2023 - Syllabus, Fees

IGNOU MBA Banking and Finance 2023 - Syllabus, Fees

MBA in Supply Chain is a popular program offered by IGNOU University for the admission in management studies. Program is suitable for the students as well as for the working professionals who are unable to attend the regular lectures. For the factory, product unit the supply chain management learning is important as this course is available with the convenient studies. Admission selection is through the graduation degree completion as well as the entrance test clearance is required for the students. The admission session begins twice in a year, July & January.

Want to Get Detailed Information!

Please fill the form with the correct details so that our Senior Education Counselor can sort things for You.

Please enter specialization
IGNOU Re-Registration Begins for July 2023 Session.Click to Know the last date the Details.

What Is The Last Date Of IGNOU Distance MBA In Banking and Finance Admission 2023?

IGNOU conducts admissions in two cycles- January (calendar year) and July (academic year). Check our website to stay updated about the July admission details for MBA In Banking and Finance course from IGNOU. You can apply for the course till the last date as based on IGNOU guidelines. Students can apply for various bachelor’s, master’s, diploma, postgraduate diploma, and certificate courses (both program and honours courses). Interested students apply in IGNOU Distance MBA in Banking and Finance or any other course can apply before the said date.   

Also, IGNOU has 67 regional centers across the country to disseminate learning to the students of different sections of society.

Here are some key highlights of distance MBA in Banking and Finance offered by IGNOU:

  • Those who pass the OPENMAT exam are eligible for admission to IGNOU's distance MBA program in banking and finance.
  • This course lasts two years, and students can complete it in a total of five years.
  • Students who have earned at least 55 percent in their bachelor's degree are entitled to take the OPENMAT exam for a distance MBA in banking and finance management.
  • This course is split into four semesters, each lasting six months.
  • Students who complete a distance MBA in banking and finance can work as a finance manager, cashier, investment banker, business analyst, and so on.
  • This course does not have an age limit for enrollment.   

Key Highlights- Distance MBA In Banking and Finance from IGNOU

IGNOU offers a distance MBA course in Banking and Finance Management specialization to impart knowledge of banking and financial services. Students can enroll in this program after earning a bachelor's degree in any field, but the degree must be from a reputable institution.

Course Fee

₹ 212,440

IGNOU is a central university that offers all students accessible courses. As a result, it is well-known around the country because people from all socioeconomic backgrounds can afford to study and advance their careers at this university. Management courses are normally costly and consume a large portion of your savings, but IGNOU offers management courses at a lower cost.

Read More

Eligibility Criteria

Bachelor’s Degree

A bachelor's degree from a UGC-recognized university is required for students interested in pursuing a distance MBA in any specialization. In addition, graduation requires a minimum of a 55 percent grade point average. You will be able to take the entrance exam for IGNOU's distance MBA program after you have completed all of this.

Read More

Course Duration

2-5 Years

The distance MBA program lasts two years and can be expanded to five years in any specialization. As a result, students have a total of five years if they are unable to offer or pass exams within two years.

Admission Procedure 2023

If you want to obtain an MBA degree in banking and finance management, you must take the IGNOU OPENMAT entrance test. Students must register for the OPENMAT examination on the official IGNOU website, fill out the application form, download the admit card, and take the test. After passing the OPENMAT test, you must complete an application form and upload all relevant website documents. On the IGNOU website, students can pay their academic fees using any digital payment form. Before applying for the distance MBA program, you can read the IGNOU Management Prospectus, which is available on the website.

Read More


IGNOU is known around the world for its innovative learning structure, which provides high-quality training for workers and distance learners. Working professionals will benefit from IGNOU's distance MBA in banking and finance, which is designed to provide extensive expertise and skills in each subject of brand marketing and development strategy. The curriculum was created with the guidance of industry experts to provide students with the knowledge and skills they need to succeed in today's industry.

Read More


IGNOU has a campus placement cell (CPC) that was formed in 2005 to assist students with their placement. The university's placement cell organizes job fairs and placement drives to ensure that all of the university's students, including management students, get placements in reputed firms.

Other Specialization MBA Programs from IGNOU

IGNOU has 227 online courses available, including a distance MBA and a management certificate. The university offers a variety of distance management MBA specializations, including an MBA in distance management. IGNOU also offers the following distance MBA specializations:

MBA in Marketing Management

MBA in Finance Management

MBA in Human Resource Management

MBA International Business Management

MBA in Information Technology

MBA in Supply Chain Management

MBA in Banking and Finance Management

MBA in Hospital Administration

MBA in Hospitality Management

MBA in Operations Management

MBA in Rural Management

MBA in Business Management

MBA in Project Management

MBA in International Trade Management

MBA in Retail Management

Detailed Program Description

Indira Gandhi National Open University is commonly known as IGNOU and it is one of the oldest distance universities of India established in 1985. The university has been established under the Indira Gandhi National Open University Act 1985 passed by the Indian parliament.  

The University Grants Commission-Distance Education Bureau has approved IGNOU (UGC-DEB). The university has also received an A++ rating from NAAC.

Printed Study Material

IGNOU offers printed books or self-study material to all of its students to get a better understanding of topics. However, students need to pay some extra charges to the university to get the printed books, this is not at all a mandatory option.

Online Study Material

Students can access online study materials through IGNOU's mobile apps. If you don't want to spend money on printed research materials, you can use IGNOU mobile applications to access online study materials.

Weekend Counseling Sessions

All students from all programs are welcome to attend immersive orientation sessions on weekends. Each subject is available for six-weekend initial sessions at each center.

Audio and Visual Lectures

IGNOU has the facility of providing audio and visual lessons with the help of meetings on platforms like:

  • Broadcasting Via DD1, All India Radio
  • Screening of Lectures at Study Centers
  • Recording which can be purchased
  • Live Lectures on platforms like SWAYAM etc.

Radio Lectures

IGNOU holds a series of interactive sessions in association with All India Radio and Phone-In services. You will learn about the course curriculum through channels like e-Gyankosh, GyanDarshan broadcast, GyanVani, and many others.


IGNOU accepts assignments from all schools, and in order to be considered for the term-end test, they must be submitted on time. The IGNOU official website has all of the assignments for each course, as well as the due dates. IGNOU assigns a 30% weighting to these activities, and students must keep track of all results. Students will turn in their assignments either online or at a local regional center.


Exams are held twice a year, in June and December. Exams account for 70% of a student's grade in each class, and if he fails, he can give exams in the next cycle within the course's time frame; for example, if you failed to give exams in June, you can reapply in December.

IGNOU MBA Sample Certificate

Earn a UGC & AICTE, NAAC A++ -recognised MBA degree from IGNOU

  • Learn from the best faculty and industry experts.
  • Become a part of the IGNOU Alumni network.
  • Build job-ready skills to get ready for the workforce.

Why Choose IGNOU For Distance MBA Banking & Finance Management?

IGNOU is a distance learning university that allows students to study from anywhere in the world. The university offers a variety of programs, all of which include an MBA in banking and finance management for all students. The university also offers these courses at reasonable academic costs, allowing everyone to consider higher education at any time.

India’s Only National Distance University
Approved by UGC and AICTE
NAAC A++ Accreditation
Top-Notch Designed Curriculum
Latest Courseware and Study Material

As Ignou Has Limited Seat, Here Are The Best Alternative

NMIMS Distance Learning
NMIMS Distance Learning
Chandigarh University
Jain University
SV University
Symbiosis University
JNU (Jaipur National University)
Ligaya’s University
Shobhit University
JECRC University
Jagannath University
DU(Delhi University)
Calorx Teachers’ University
Calorx Teachers’ University
Devi Ahilya Vishwavidyalaya
Devi Ahilya Vishwavidyalaya
Devi Ahilya Vishwavidyalaya
Devi Ahilya Vishwavidyalaya
University of Mumbai
University of Mumbai
University of Kerala
University of Kerala
Amity University
Amity University
Kalinga University
Kalinga University
Karnataka State Open University
KSOU (Karnataka State Open University)
Shivaji University
Shivaji University
Lovely Professional University
LPU (Lovely Professional University)

IGNOU Distance MBA In Banking and Finance FAQ

Do you have any query related to Distance MBA In Banking and Finance course? Get every details only at IGNOUADMISSIONS portal.

Yes, IGNOU has its own entrance test, known as OPENMAT, which is used to pick students for all MBA programs, including banking and finance management.

The duration of this course is a minimum of two years and can be extended to five years.

Yes, IGNOU charges an additional fee for providing printed study materials, but this is entirely optional.

Yes, you can upload them online.

Want More Information About Ignou Distance MBA Banking & Finance Programs?

Get A Call Back

Please wait while we process your details