IGNOU Admissions

IGNOU MBA Banking and Financial Services 2024 - Syllabus, Fees

The IGNOU online MBA in Banking and Financial Services is a flexible program designed for working professionals and students who prefer remote learning. It covers essential topics such as management functions, accounting, marketing, and financial management. The program consists of four semesters, with specialization electives in areas like international business and entrepreneurship. The IGNOU online MBA in Banking and Financial Services typically lasts for a minimum of 2.5 years, allowing flexibility for working professionals to complete at their own pace.

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    What Is The Last Date Of IGNOU online MBA In Banking and Financial Services Admission 2024?

    IGNOU offers admissions twice a year for various courses, including the MBA in Banking and Financial Services. The admission cycles typically start in January and July, providing flexibility for prospective students to apply according to their convenience. IGNOU’s fees are affordable as it is a government-funded institution, making it renowned globally for its accessible education. To stay updated on the July admission details for the MBA in Banking and Financial Services and other programs, it’s advisable to visit the official IGNOU website regularly. The application process remains open until the specified deadline set by IGNOU, allowing ample time for interested candidates to apply for bachelor’s, master’s, diploma, postgraduate diploma, and certificate courses offered by the university.

    Here are some key highlights of online MBA in Banking and Financial Services offered by IGNOU:

    • IGNOU online MBA in Banking and Financial Services is flexible for working professionals and remote learners.
    • It covers management functions, accounting, marketing, and financial management.
    • The program spans four semesters.
    • Specialization electives are available in areas like international business and entrepreneurship.
    • It typically takes a minimum of 2.5 years to complete, offering flexibility in study pace.
    • The institution is government-funded, ensuring affordable fees and global recognition for accessible education.

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

    Here are some important points about the distance MBA in Banking and Financial Services:

    • IGNOU conducts the OPENMAT entrance exam for admission to the distance MBA in Banking and Financial Services course.
    • Candidates with a bachelor’s degree and a minimum of 55% marks from a recognized university can apply.
    • The course duration is 2 years, but it can be extended up to 5 years at IGNOU.
    • The distance MBA in Banking and Financial Services has 4 semesters, each lasting 6 months.
    • Graduates can pursue careers as Corporate Banking, Private Banking, Asset Management, and more.
    • There is no age limit for admission to the distance MBA in Banking and Financial Services at IGNOU.
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    Key Highlights- online MBA In Banking and Financial Services from IGNOU

    Here is the detailed description of online MBA in the Banking and Financial Services course at IGNOU:

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    Course Fee

    ₹62,000

    The course fee for the online MBA in Banking and Financial Services from IGNOU is designed to be affordable. The total fee for the program is approximately INR 62,000, payable in installments. This fee includes study materials, access to online resources, and examination fees. As IGNOU is a government-funded institution, the program remains economically accessible to a wide range of students. For detailed information on the fee structure and payment options, it is advisable to visit the official IGNOU website or contact their admissions office directly.

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    Eligibility Criteria

    Bachelor’s Degree

    The eligibility criteria for the online MBA in Banking and Financial Services from IGNOU are clear and inclusive. Applicants must have a bachelor’s degree in any discipline from a recognized university with a minimum of 50% marks for general category students and 45% for reserved category students. Additionally, candidates must clear the OPENMAT entrance test conducted by IGNOU. There is no age limit for admission, making it suitable for both fresh graduates and working professionals. While prior work experience in banking or financial services is not mandatory, it can be advantageous. For more detailed eligibility requirements and the application process, it’s best to check the official IGNOU website or contact their admissions office directly.

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    Course Duration

    2-5 years

    The online MBA in Banking and Financial Services from IGNOU typically takes a minimum of 2.5 years to complete and can extend up to a maximum of 8 years. This flexible duration allows students, especially working professionals, to balance their studies with other commitments, providing ample time to complete the program at their own pace.

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    Admission Procedure 2024

    IGNOU Admission Procedure 2024

    The admission procedure for the online MBA in Banking and Financial Services from IGNOU typically begins with checking eligibility criteria, which includes having a bachelor’s degree from a recognized university with at least 50% marks for general category students or 45% for reserved category students. Applicants must also clear the OPENMAT entrance test conducted by IGNOU. Once eligible, candidates can apply online through the IGNOU website during the specified admission cycles, usually in January and July. They need to submit their application along with relevant documents and the required fee. Admission decisions are based on merit and availability of seats. For the most accurate and up-to-date information on the 2024 admission procedure, prospective students are advised to regularly visit the official IGNOU website or contact their admissions office directly.

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    Syllabus

    The syllabus for the online MBA in Banking and Financial Services from IGNOU covers essential topics in management, finance, and banking. It includes subjects like management functions, financial management, marketing management, accounting, and specialized courses in banking. The program also offers elective courses in areas such as international business, entrepreneurship, and risk management, allowing students to tailor their studies to their career goals within the banking and financial services sector. Detailed course outlines and study materials are provided to ensure comprehensive learning and skill development in relevant areas of business and finance.

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    Placement

    IGNOU Positioning

    IGNOU’s online MBA program includes on-campus placements through its Campus Placement Cell, established in 2005. The cell organizes job fairs and placement drives at regional centers to help students find employment. In recent years, the Campus Placement Cell has expanded its activities, increasing support and opportunities for students to secure jobs in various sectors.

    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 Specialization

    Detailed Program Overview

    The following are some essential highlights of IGNOU’s online MBA degree program for your reference. Each component below provides an overview of the Online MBA at IGNOU course. Proceed through each part to learn some critical information about the course.

    Learning management system

    IGNOU offers online learning courses with written and online self-study tools for remote education. Students can access online PDFs via IGNOU’s mobile apps, like the IGNOU e-content app. For written study materials, students must pay an additional fee at the time of submission.

    Printed Study Material

    IGNOU Online Study Resources

    You will receive your online MBA IBM study materials at the address you provided. Printed materials are optional; you can choose to study online instead.

    Online Study Material

    IGNOU’s mobile apps offer online study materials. You can use these apps to access study materials if you prefer not to spend money on printed versions.

    Counseling Sessions

    All students can attend weekend therapy sessions. About six weekend orientation sessions are scheduled for each subject at the designated center.

    Video Lectures

    IGNOU has made great strides in online learning over the years. It offers immersive sessions to students through various channels, including:

    • Broadcasting via DD1 and All India Radio
    • Screening of lectures at study centers
    • Recordings available for purchase
    • Live lectures on platforms like SWAYAM
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    Radio Lectures

    IGNOU offers interactive sessions through All India Radio and phone-in programs. These channels provide course content and include lecture series like GyanDarshan broadcasts, GyanVani, and e-Gyankosh.

    Assignments

    IGNOU requires timely submission of assignments from all students in all schools to be eligible for the term-end exam. Assignments and due dates for any course are available on IGNOU’s official website. These assignments carry a 30% weightage, and students must track their results. Assignments can be submitted online or in person at regional centers.

    Examinations

    IGNOU holds exams in January and December, making up 70% of the grade. If a student fails, they can retake the exam in the next term within the course duration.

    Why Choose IGNOU

    Why IGNOU? Advantages (Through Distance & Online Mode)

    Top Distance Learning University in India

    Top Distance Learning University in India IGNOU is One of the Top Distance Education University. The MBA program offered by IGNOU is of exceptional quality.

    Approved by University Grants Commission (UGC)

    MBA and many other programs offered by IGNOU are approved by UGC, making them valid across all over India.

    Approved by All India Council of Technical Education (AICTE)

    The MBA from IGNOU is approved by AICTE, which regulates the technical education programs in India.

    Affordable Fee

    IGNOU fees are reasonable for its courses compared to other distance education universities, whether they're run by the government or private institutions.

    Apply Online

    Applying to IGNOU for many different courses is easy with their online application process.

    Programs Offered

    You can take online courses like BBA, MBA, BCom, BA, and many others for your distance education journey.

    24*7 Admission Support

    Our team is here to help you with any questions or concerns you have throughout your entire educational journey. We're dedicated to making sure you have all the support you need.

    Counseling by Experts

    You can receive career advice from experts who have many years of experience in your field. They're here to help you succeed in your chosen area.

    All Doubt Clarification

    The academic counselors are trained to clarify all your doubts offering online & distance courses.

    FAQs for Online MBA in Banking and Financial services

    Q1. What is an online MBA in Banking and Financial Services?
    Ans: An online MBA in Banking and Financial Services is a graduate-level program focused on equipping students with managerial skills specific to the banking and financial sectors. It covers topics like financial management, banking operations, risk management, and more.
    Q2. What are the benefits of pursuing an online MBA in Banking and Financial Services?
    Ans: Benefits include flexibility of learning online, the ability to continue working while studying, specialized knowledge in banking and finance, and enhanced career prospects in financial institutions.
    Q3. What are the typical admission requirements for an online MBA in Banking and Financial Services?
    Ans: Admission criteria usually include a bachelor’s degree in any discipline, relevant work experience (often preferred but not always mandatory), and sometimes, qualifying scores in entrance exams like CAT, MAT, or GMAT.
    Q4. How long does it take to complete an online MBA in Banking and Financial Services?
    Ans: The duration varies but typically ranges from 2 to 3 years, depending on the program structure and whether studied full-time or part-time.
    Q5. What career opportunities are available after completing this program?
    Ans: Graduates can pursue careers as financial analysts, investment bankers, banking managers, financial consultants, risk managers, and more within banks, financial institutions, consulting firms, and corporate sectors.

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    Want To Get Detailed Information!

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

      Want To Get Detailed Information!

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