IGNOU MBA Finance Jan 2024 - Syllabus, Fees, Admission

IGNOU MBA Finance 2024 - Syllabus, Fees, Admission

MBA in Finance is a 2 years specialisation available for the students who are interested in the detailed study of Finance program. The flexible and the hustle free learning is offered to the Students/Working professionals. For applying in this program students need to complete their bachelor's degree in the similar program study. The educational learning is assisted by experienced faculties. University admission procedure takes place in July & January each year.

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IGNOU Started Admissions January Session 2024. Click here to apply Till 31st March!!

What Is The Last Date Of IGNOU Distance MBA In Finance Admission 2024?

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 Finance Admission 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). IGNOU opens its admission cycle twice a year, once in January and the other time in July, the admission Cycle for July recently ended after many extensions.   

Since IGNOU is funded by the central government, the academic fees for programs here are reasonable. As a result, it is well-known throughout the world, not just in India. The university has also received NAAC accreditation with an A++ grade.

Here are some important points about distance MBA in Finance:

  • IGNOU conducts the entrance exam; OPENMAT to provide admission in the distance MBA in finance course.
  • The distance MBA in Finance allows candidates with a bachelor’s degree with a minimum of 55% marks from a recognized university to apply for admission.
  • The duration of the course is 2 years but it can be extended to 5 years in IGNOU.
  • The distance MBA in Finance consists of 4 semesters, dedicating 6 months to each semester.
  • Distance MBA in Finance opens up career opportunities in fields like Cash Managers, Investment Banking Associates, Financial Analyst, Insurance and Risk Manager, Treasurers, and so forth.
  • IGNOU keeps no age limit to provide admissions in the course distance MBA in Finance.   

Key Highlights- Distance MBA In Finance from IGNOU

Here are some significant highlights of the Distance MBA in Finance provided by the Indira Gandhi National Open University. You can get a brief overview of Distance MBA in Financial Management at IGNOU with the help of the different sections given below:

Course Fee

₹ 62,000/-

IGNOU University for the Distance MBA program has a total of 4 semesters and the fee is bifurcated accordingly. For the MBA program students fee is 15,500/- rupees per semester which is 62000/- in total. For the students, relaxation university has instalment parts available where students can pay their fees in 4 instalments per semester or also students can pay full amount if they have a sufficient monetary amount.

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Eligibility Criteria

Bachelor’s Degree

To apply for admission to the distance MBA finance programme, students must pass all of their bachelor's examinations in any field. To be eligible for this training course, students must have earned a minimum of a 55% grade point average and a diploma from a recognized university. However, students will not be admitted to the program purely on the basis of their high school diploma. They must sit for and pass the OPENMAT admissions exam. IGNOU will next choose applicants based on the OPENMAT cut-off. As a consequence, your OPENMAT score is used to decide your admission to a distance MBA program in Finance or another speciality.

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Course Duration

2-5 Years

IGNOU enables working professionals to continue their education while maintaining their employment. As a result, IGNOU has added two years to the MBA degree, which is ordinarily a two-year curriculum. Due to the program's flexibility and cost, it is great for individuals who wish to further their education while continuing to work. The IGNOU program teaches students high levels of management expertise, culminating in the most informed managers in the finance and banking industries. Students who are currently employed gain practical experience as well.

Admission Procedure 2024

Students interested in pursuing a distance MBA in Finance at IGNOU should apply online. Students must register for the OPENMAT test on the IGNOU's official website, obtain their admit card, and then take the test. If you are chosen after passing the OPENMAT exam, you must complete an application form and attach all relevant documentation. Students may pay their academic fees electronically using any of the payment options listed on the IGNOU website. Candidates should read the IGNOU management prospectus before applying for a remote MBA course.

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IGNOU is well-known around the world for delivering high-quality education to working professionals and distant learners through its unique syllabus structure. The MBA for Working Professionals in Finance Syllabus of IGNOU is designed to give thorough knowledge and aptitudes in each academic subject. Each semester's syllabus changes, and complete syllabi are available in the prospectus's syllabus section. The syllabus for this course was developed in consultation with industry experts to ensure that students acquire information and skills that are current in the business. IGNOU's course on accounting and finance for managers covers topics such as working capital management, capital investment and financing decisions, management control systems, and financial services management.

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IGNOU's distance MBA program is one of those that need campus placements, and the institution maintains its own Campus Placement Cell. The cell was established in 2005 and is responsible for organizing job fairs and placement drives at the regional center. IGNOU's Campus Placement Cell (CPC) has also planned to extend its operations in recent years.

IGNOU MBA Trending Specializations 2024

For the students' betterment there are a variety of specialisations offered by IGNOU MBA and for the details we have listed down the specialisation list from which students can select their choice subject specialisation. All these specialisations have some specifications and they are helping students for being a particular learning expert as according to their interest students can opt the subjects.

MBA in Banking and Finance Management

MBA in Human Resource Management

MBA in Hospitality Management

Detailed Program Description

A remote MBA with a finance concentration is one of the most intriguing courses. Students who have earned a bachelor's degree in any area may pursue a distant MBA in finance. The course is two years in length and may be completed in three years. Students who get a distance MBA in Finance from IGNOU are qualified to work in any financial institution's management department. Admission to a distance MBA in Finance has no upper age limit.  

Indira Gandhi National Open University is one of the world's oldest and most prestigious distance learning institutions. The Indira Gandhi National Open University (IGNOU) is a central university that was founded in 1985 after the Indian parliament passed the Indira Gandhi National Open University Act. The university has over 4 million students from across the country and claims to be the world's largest distance university, with around 227 distance learning courses. The university has 21 schools of study, with the school of management being one of the most popular. IGNOU offers distance MBA in a variety of specializations.

Learning Management System

IGNOU is an open university that offers online classes. As a result, it offers self-study materials to assist students in studying remotely, and the materials are available in both written and online formats. Students can have hard copies of books shipped to their homes, and there are smartphone apps for e-learning, such as the IGNOU e-content app.

Printed Study Material

You will receive your distance MBA Finance study materials at the address you provided at the time of admission. Students must pay an additional fee to obtain printed research materials or books, which is entirely optional.

Online Study Material

IGNOU's mobile applications offer students the option of e-learning. If you don't want to spend money on printed research materials, you can use IGNOU's mobile apps to get access to online study materials.

Counseling Sessions

On weekends, students receive counseling sessions, which are open to students from all the programs. There are approximately 6 orientation sessions scheduled on weekends at the given center for each subject.

Audio and Visual Lectures

IGNOU has made significant progress in distance learning over the years. IGNOU offers a variety of immersive sessions for students on a variety of channels, including:

  • 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 conducts a series of interactive sessions in partnership with All India Radio and Phone-In Programs. GyanDarshan Broadcast, GyanVani, and e-GyanKosh are some of the channels that offer lectures and course-related material.


IGNOU accepts assignments from all students in all courses, and students must submit them by the due date to be eligible to sit for the term-end test. Students can find the assignments for any course, as well as the due date, on IGNOU's official website. IGNOU assigns a 30 percent weighting to these tasks, and students must stay up to date with all of the data. Students may turn in assignments either online or in-person at their regional center.


IGNOU holds exams twice a year, in January and December. Every semester's exams are worth 70% of the grade, and if a student does not pass, he will retake the exam in the next period during the course's length.

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 In Finance?

IGNOU MBA Finance is a 2 years program and if the question arises why a student should choose IGNOU for the MBA in Finance specialisation then we have some of the key facts which a student should know below:

IGNOU MBA in Finance has a UGC recognised validation
Course study & LMS is updated and industrial oriented
Faculty Assistance is Qualitative in nature
Placement assistance is provided to the students after the course completion

As Ignou Has Limited Seat, Here Are The Best Alternative

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
Devi Ahilya Vishwavidyalaya
University of Mumbai
University of Kerala
Amity University
Kalinga University
KSOU (Karnataka State Open University)
Shivaji University
LPU (Lovely Professional University)

IGNOU Distance MBA In Finance FAQ

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

The minimum duration is 2 years and the maximum duration is 5 years.

Yes, you can submit your assignments online by visiting the official site of IGNOU.

Yes, you have to pay some extra charges to get the printed study material and the university will deliver the study material at your doorstep.

Yes, you can pay your academic fees online just by visiting the site of IGNOU.

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