Distance MBA from Indira Gandhi National Open University (IGNOU) is available in 6 specializations General, Banking and Finance, Human Resources Management, Finance Management, Marketing Management, Operations Management
Compare NAAC A++ Graded Universities and courses at ShikshaGurus!

Indira Gandhi National Open University (IGNOU)

Distance Program

Distance Master of Business Administration | Distance MBA in Finance

INR 15,500 per Semester
NAAC Grade
NAAC Graded A++
UGC Approval
UGC Approved
Avg Student Rating
4/5
ShikshaGurus Rating
8/10
Satisfied Students
77%
Distance MBA in Finance from IGNOU
Indira Gandhi National Open University (IGNOU) is one of India’s top distance education institutes that provides quality education nationwide. IGNOU offers undergraduate and postgraduate courses across several fields. Further, Indira Gandhi National Open University (IGNOU) aims to deliver an excellent education accessible to all students regardless of geographical limitations. Also, IGNOU does so through an experienced faculty body, easily accessible resources and flexible learning alternatives. Moreover, IGNOU (Indira Gandhi National Open University) has carefully crafted the Distance MBA in Finance program to give students a strong foundation in Finance management. Further, the Distance MBA course spans two to four years and has four semesters. Moreover, Distance Learning allows the students to continue pursuing their Distance MBA without committing to a four-walled classroom. 

About Finance 

Finance is the art and science of managing money, assets, and investments. Further, allocating resources, assessing risks, and making sound investment decisions is important.  In business, people include budgeting, auditing, and ensuring the efficient use of resources in budgeting. Further, people must understand Finance to evaluate opportunities, value assets, and navigate today’s complex financial systems. Several basic concepts define economics. The time value of money confirms the theory that the value of money changes over time due to factors such as interest rates and inflation. Moreover, investing focuses on building portfolios and balancing risk and return to achieve financial objectives. Further, Financial markets provide mechanisms for buying and selling stocks, bonds and other assets influenced by economic factors to investor sentiment. Moreover, the trade-off between risk and return guides decisions, and higher risk often leads to higher returns. Finance is a diverse profession with specializations in various areas of Finance. Corporate Finance is the management of an organization’s finances, while personal Finance deals with individual budgeting and investment decisions. Further, Risk management is essential in uncertain environments, aiming at identifying, assessing and mitigating potential threats. Also, Sustainable Finance encourages responsible practices by integrating environmental, social and governance (ESG) factors into investment decisions. Moreover, technology has transformed the economy through fintech innovations, increasing access to financial services and creating ideas.

About IGNOU (Indira Gandhi National Open University)

Indira Gandhi National Open University (IGNOU) is India’s leading distance learning institution. Established in 1985, IGNOU is at the forefront of providing accessible learning opportunities to diverse students who may not have access to traditional classroom settings. Further, IGNOU’s headquarter is in Delhi, carrying out basic operations from there. Further, IGNOU has regional and academic centres around India, which help in its operation nationwide.  Indira Gandhi National Open University (IGNOU) has diverse offered programs, including undergraduate and postgraduate programs. Further, these programs are not limited to one discipline but consist of science, arts, and commerce courses. Moreover, Indira Gandhi National Open University (IGNOU) includes courses with modern-day relevance whose demands are rising, such as technology, management, marketing, and business. Further, Indira Gandhi National Open University (IGNOU) programs are best suited for students who want to upgrade their skills and get a professional degree without compromising their careers.  Moreover, one of the main strengths of Indira Gandhi National Open University (IGNOU) is that it is very flexible in terms of its approach to education. Additionally, students can study at their own pace, making it suitable for personal and professional commitments. Moreover, IGNOU provides self-directed learning materials with guidance from academic advisors and instructors. In addition, Indira Gandhi National Open University (IGNOU) uses modern technology to facilitate learning, including online resources, virtual classrooms, and interactive multimedia resources.

About Distance MBA in Finance from IGNOU (Indira Gandhi National Open University)

A Distance MBA in Finance from IGNOU (Indira Gandhi National Open University) is a graduate-level program focusing on financial management, investment techniques, and Corporate Finance. Further, Ditance MBA in Finance prepares students to analyze financial data, make informed business decisions, and navigate the intricacies of global financial markets. Moreover, Financial analysis, risk evaluation, portfolio management, mergers & acquisitions, and international Finance are common topics covered in the curriculum. A Distance MBA in Finance graduates are well-positioned for positions in various fields, including investment banking, asset management, Corporate Finance, financial consulting, and others. Further, the Distance MBA gives a solid foundation in quantitative analysis, strategic planning, and financial leadership, making it useful for professions requiring a thorough understanding of financial principles and their practical applications. The School of Management Studies at IGNOU launched this program in response to a Memorandum of Understanding (MOU) between IGNOU and the Indian Institute of Banking and Finance (IIBF) to provide an avenue for postgraduate academic qualification in Banking and Financial Services. Further, the Distance MBA fulfils the specific needs of pupils who wish to earn a degree while still working. Moreover, the Distance MBA has been deemed ideal for improving the managerial skills and capacities of students wishing to pursue a career in the Banking and Financial Sector.

Who should pursue a Distance MBA in Finance from IGNOU? 

  • Financial Enthusiasts: If your eyes light up at the thought of analyzing stocks, managing investments, and diving into the financial world, an MBA in Finance is your playground.
  • Number Whizzes: If numbers are your jam and you’re the person friends turn to for split-the-bill calculations, you’re a prime candidate for this.
  • Future CFOs: If your career goal involves climbing the corporate ladder to the CFO’s office, an MBA in Finance equips you with the strategic financial skills you’ll need.
  • Career Changers: Are you looking to pivot from your current career into Finance? An MBA in Finance from IGNOU could be your launchpad into this exciting new field.
  • Investment Aficionados: If you find yourself glued to the stock market updates and love the idea of managing portfolios and making investment decisions, Finance is your calling.
  • Risk Takers: If you enjoy weighing pros and cons, assessing risks, and making calculated decisions, Finance – with its risk management and analysis – might be your perfect fit.
  • Analytical Thinkers: Do you love dissecting problems and finding solutions? In Finance, you’ll be constantly analyzing data to make informed choices.
  • Entrepreneurial Spirits: Planning to start your own business? An MBA in Finance can give you the financial literacy needed to make your venture a success.

Admission Process for MBA in Finance from IGNOU (Indira Gandhi National Open University)

Eligibility Criteria

The eligibility criteria for the Distance MBA program from IGNOU (Indira Gandhi National Open University), are as follows: 
  • Passed Bachelor’s Degree of Minimum three years duration with at least 50% marks (45% in case of candidates in reserved category).
  • No age bar

Programme structure

The Distance MBA (Banking & Finance) (MBF) Program consists of 28 courses with a total credit weightage of 116. These courses include: a) Twenty (20) core courses of four credits each (MMPC-001 to MMPC-020) = 80 credits. b) Seven (07) courses of four credits each from any of the chosen specialization areas = 28 credits. c) One MMPP-001 Project course for eight credits. MMPP-001 (Project Course) consists of two courses. d) Students must choose seven courses for each semester of the program. 

Fee structure for Distance MBA in Finance from IGNOU

Per semester fees: 15,500 Total fees for four semesters = 62,000 (full courses fee)

Career Opportunities After MBA in Finance From IGNOU (Indira Gandhi National Open University)

As per Deloitte, the Indian economy outlook looks positive. Further, the expectations are that India will grow at 6-6.3% in FY2023 -24. Moreover, if the global economic situation improves, the growth rate may surpass 7%. These are positive signs for the Indian economy and, in turn, for professionals working in India. Thus, a professional degree in Finance will help you grow in the future. A Distance MBA in Finance from IGNOU can open up many job prospects for students in the finance sector. Further, the Distance MBA helps the students better understand the finance market, making them the ideal candidates for various jobs. Moreover, some jobs that one can do after completing a distance MBA in finance degree from IGNOU are: 
  • Investment Banker
  • Financial Analyst
  • Portfolio Manager
  • Corporate Finance Manager
  • Risk Manager
  • Financial Consultant
  • Asset Manager
  • Private Equity Associate
  • Venture Capital Analyst
  • Investment Manager
  • Treasury Analyst

Approvals and Accreditation

UGC_200200
UGC Approved
NAAC_200200
NAAC Graded A++
WES_200_200
WES International Approval
nirf_200200
NIRF 2023 - IGNOU ranks in the rank band of 151-300 for NIRF Innovations ranking.
Course Details

University Name

Indira Gandhi National Open University (IGNOU)

Course Name

Distance Master of Business Administration | Distance MBA in Finance
Education Mode
Distance Program
Per Semester Fees
INR 15,500 per Semester
Total Fees
INR 62,000
Eligibility
  • The candidate must have a 3 years undergraduate degree from a recognized University/Institute with a min of 50% marks.
  • Reserved Category (SC/ST) – Candidate from a recognized University/Institute with a min of 45% marks in graduation.
Loan Facility
Not Available
Industry Ready
Yes
Specializations Available
  • General
  • Banking and Finance
  • Human Resources Management
  • Finance Management
  • Marketing Management
  • Operations Management
Ratings and Reviews
Avg Student Rating
4/5
Satisfied Students
77%
ShikshaGurus Rating
8/10
University Placement Records

IGNOU has a dedicated placement cell that handles the placement process of the university. The placement cell is known as the Campus Placement Cell (CPC). The 2023 placement process was conducted by the placement cell at the IGNOU Maidan Garhi campus in South Delhi. There is no official placement data for the year 2023. However, as per data available online, the highest package offered was 15 lpa and the average package around 3 Lpa to 4 Lpa.

Sample Certificate
Sample Degree - Coming Soon

Frequently Asked Questions | Distance MBA in Finance from IGNOU

Yes, a Distance MBA in Finance from IGNOU will give many career opportunities to the candidates.

The duration of the distance MBA in Finance from IGNOU is of 2 years.

Any candidate holding a bachelor’s degree in any domain with a minimum of 50% marks for the general category and 45% for the reserved category can apply for the Distance MBA in finance degree at IGNOU.

Similar Courses

Related products

×

Hello!

Click one of our contacts below to chat on WhatsApp

Social Chat is free, download and try it now here!

× How can I help you?