Why Study Online/Distance MBA in Banking, Finance & Insurance Management Course in IGNOU?
The MBA course in Finance & Insurance Management offered by IGNOU is a very pertinent and affordable yet industry-specific program. The course is adaptable, affordable and accepted throughout the country. It provides state of the art knowledge in the banking systems, finance system and products in the insurance industry, so that the students develop competitive skills in the contemporary finance-oriented economy.
Who Should Pursue an Online/Distance MBA in Banking, Finance & Insurance Management Course in IGNOU?
The course can be suited to the banking practitioners, financial analysts, insurance specialists, accountants and commerce graduates who would want to major in the financial field. Being interested in either expanding job opportunities in the current field of work or exploring the banking sphere, MBA in Banking IGNOU course serves to develop analytical, regulatory and functional skills to work in active positions in the sphere of finance.
Eligibility Criteria of Online/Distance MBA in Banking, Finance & Insurance Management Course in IGNOU
The candidates should have a bachelor degree in any stream from a well-known university with minimum 50% marks (45 percent for reserved classes). IGNOU MBA in Finance & Insurance Management course does not have any entrance exam. Finance, economics, commerce, and accounting professionals are particularly welcome to apply. It will help to be familiar with simple math and economics.
Eligibility Criteria:
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- For admission to this program students need to hold a bachelor’s degree (with 50% marks) in any discipline from a recognized university.
- No age limit for enrollment.
IGNOU Online/Distance MBA in Banking, Finance & Insurance Management with Course Duration
The MBA in Finance & Insurance Management of IGNOU can be completed in minimum 2 years and a maximum of 4 years. This enables ease for learners to juggle between work, personal lives and studies.
Online/Distance MBA in Banking, Finance & Insurance Management Admission Process at IGNOU
In order to apply, access the official IGNOU admission portal and apply. Complete the application form, provide the necessary documents and make payment of the program online. Admission to MBA in Finance & Insurance Management IGNOU is done in two sessions: January and July. When approved, students get log in details to access the courses and study timetables.
Career Opportunities After Completing the Online/Distance MBA in Banking, Finance & Insurance Management Course from IGNOU
The MBA in Banking and Finance & Insurance Management are ideal for graduates who can look forward to a job in banking operations, a credit analyst, a financial planner, an investment adviser, risk manager, an insurance underwriter, and a compliance officer. Examples of jobs are Bank Manager, Finance Officer, Finance Consultant, Insurance Consultant, Risk Analyst, Credit Analyst and Financial Auditor. The curriculum is set up to get the students ready to take up leadership in the private and the public financial institutions. It is also valid that the acquired comprehensive knowledge ensures commercial entrepreneurship and further specialization in industries such as fintech or wealth management. An advantage of IGNOU degree, which is recognized by the government, is a good step to a successful and long-term career in the financial field.
Online & Distance MBA in Banking, Finance & Insurance Management with IGNOU Accreditation
MBA courses/programs of IGNOU are recognized and accredited by UGC and AICTE and thus follow national acclaim and academic credentials. IGNOU’s MBA in Banking program is designed by experienced professionals to fit in with contemporary practices in banking, finance and insurance.
Recognized by the University Grants Commission
Accredited by the National Assessment and Accreditation Council
Approved by the All India Council for Technical Education
Ministry of Human Resource Development
World Education System
Recognized by the Association of Indian Universities
IGNOU MBA in Banking, Finance & Insurance Management Course Structure
The course encompasses very diverse subjects, such as Financial Markets, Corporate Finance, Banking Laws, Insurance Risk Management, and Investment Strategies. Case studies and assigned tasks can be used to practice and complement the theoretical research with practice.
Semester 1
| Subject Code | Subject Name | Credit |
|---|---|---|
| MMPC-001 | Management Functions and Organisational Processes | 4 |
| MMPC-002 | Human Resource Management | 4 |
| MMPC-003 | Business Environment | 4 |
| MMPC-004 | Accounting for Managers | 4 |
| MMPC-005 | Quantitative Analysis for Managerial Applications | 4 |
| MMPC-006 | Marketing Management | 4 |
| MMPC-007 | Business Communication | 4 |
Semester 2
| Subject Code | Subject Name | Credit |
|---|---|---|
| MMPC-008 | Information Systems for Managers | 4 |
| MMPC-009 | Management of Machines and Materials | 4 |
| MMPC-010 | Managerial Economics | 4 |
| MMPC-011 | Social Processes and Behavioural Issues | 4 |
| MMPC-012 | Strategic Management | 4 |
| MMPC-013 | Business Laws | 4 |
| MMPC-014 | Financial Management | 4 |
Semester 3
| Subject Code | Subject Name | Credit |
|---|---|---|
| MMPC-015 | Research Methodology for Management Decisions | 4 |
| MMPC-016 | International Business Management | 4 |
| MMPP-001 | Project Course (Equivalent to 2 Courses) and Four Subject from Banking, Finance & Insurance Management | 4 |
Semester 4
| Subject Code | Subject Name | Credit |
|---|---|---|
| MMPC-017 | Advanced Strategic Management | 4 |
| MMPC-018 | Entrepreneurship | 4 |
| MMPC-019 | Total Quality Management | 4 |
| MMPC-020 | Business Ethics and CSR and Three Subject from Banking, Finance & Insurance Management | 4 |
IGNOU Learning Methodology
IGNOU is based on hybrid learning that includes self learning materials, recorded classes, live classes, online quizzes, discussions and project based learning. The strategy facilitates distance learning and working individuals.
E-books Study
Material
Live Interactive
Sessions
Project &
Assignment
Learning
Managment
Top Studies
Center
Worldwide
Reach
List of Trending Specialization for MBA
| The possible electives include such financial areas as Investment Banking, International Finance, Risk & Insurance, Treasury Management, and Financial Planning. This enables them to be flexible enough to fit the course to suit an individual career aim. | ||
|---|---|---|
| MBA in Human Resource Management | MBA in Marketing Management | MBA in Operations Management |
| MBA in Information technology | MBA in Business Analytics | MBA in Healthcare management |
| MBA in International business | MBA in Entrepreneurship | MBA in Retail Management |
| MBA in Hospitality Management | MBA in Project Management | MBA in Financial Management |
| MBA in Logistics & Supply Chain Management | MBA in Investment Management | MBA in System Management |
| MBA in Fintech | MBA in Digital Marketing | MBA in International Trade Management |
IGNOU Online & Distance MBA in Banking, Finance & Insurance Management Course Fees and Structure
The total fee of the MBA in Banking is about 64,000 in IGNOU. This covers availability of online learning materials, web-based lessons and registration of exams. The fee at IGNOU is one of the lowest in India with accredited MBA programs.
| Registration Fee | 300/- Rupees |
| Course Fee | 15,500/- Per Semester |
| Course Fee | 17,500/- for 3rd semester |
| Examination Fee | 200- Per Subject |
FAQs of Online & Distance MBA in Banking, Finance & Insurance Management Course from IGNOU
Yes, all the courses including online & distance MBA in banking, finance, & insurance management courses are recognized.
The course duration is of 2 years, with an option to complete it up to 4 years.
Indeed, the flexible approach of remote learning lets working professionals follow the course in line with their jobs.
Graduates can apply for positions as financial analysts, credit managers, insurance underwriters, and risk managers in banks, financial consultants, and insurance bankers.
Indeed, students have five years to finish the degree, therefore providing flexibility to fit their timetable.