The Indira Gandhi National Open University is one of the premium and top-notch distance educational hubs in the country that provide many specializations to the students. All the MBA specializations provide good career scope in the particular field that the specialization is associated with. MA Banking and Finance is also one of the highly recommended and preferred specializations provided by the university. It offers many job opportunities in various sectors, especially in the banking and finance sector. This sector is one of the fastest emerging in the country. There are many organizations and companies dealing in finance sectors and they want to hire skilled and experienced professionals, for the same, MBA Banking and Finance graduates are the best-fit people.
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About MBA Banking and Finance
MBA Banking and Finance is one of the highly preferred specializations out there. It’s a two years PG degree program that can be completed in five years through IGNOU. The degree in IGNOU is completely valid for many career opportunities. The program enables the students to learn analytical and thinking skills to create a perfect path toward a bright career in Finance.
- This program is delivered to the students through the School of Management studies.
- The course fee is very affordable as students have the choice to pay the same in four different installments.
- In this course, you will learn various aspects of finance and banking.
- MBA in Banking and Finance equips students with the best financial skills with relevant training and knowledge so that they can easily grab the opportunity in the banking and finance sector.
- If you want to know more about MBA Banking and Finance like its course structure, fee, eligibility, and career opportunities, then stick to this post till the end:
Eligibility for Getting Admission to IGNOU MBA Banking and Finance
The basic eligibility conditions for taking Admission to IGNOU MBA (Banking and Finance) are provided below:
- First and foremost, students desirous for taking admission to MBA (Banking and Finance) should be a member of IIB (Indian Institute of Banking) and also satisfy these mentioned conditions:
- He/she must have cleared the CAIIB test of the Indian Institute of Bankers, Mumbai, and have been awarded a good score by the institution.
- The candidate should have experience of at least two years in finance.
- Students must have passed graduation degrees from a recognized and valid institution with at least 50% marks in aggregate.
Course Fee
The complete course fee for the MBA degree program at IGNOU is 37800 INR. Candidates are requested to check the syllabus and course fee first before taking admitted to the program. Students have the choice to pay the fee semester-wise as they can easily pay the respective fee in four different installments. If you want to know the complete fee structure of the program, then the student can easily visit the official website of the varsity is ignou.ac.in.
For more details regarding fee structure, you can refer to the MBA prospectus or can easily visit the university or its regional center if possible.
Syllabus of IGNOU MBA Banking and Finance
There are many courses you need to read while studying at IGNOU for MBA Banking and Finance program. You can check the course structure of your program using the official prospectus of IGNOU. Here, in this section, we are going to provide you with detailed information about what you need to learn in the two-year PG degree course in Banking and Finance.
The key motive of the syllabus is to make the individual capable of managing various tasks included in the management position after completing the course. It focuses on the skills and thinking abilities apart from focussing just on the basic concepts of the course. Through this course structure, students are prepared for various career opportunities that arise in the financial sector.
First Year
- Marketing Management
- Managerial Economics
- Human Resource Management
- Operations Management
- Quantitative Techniques for Management
- Operations Management
- Finance and Accounting for Managers
- Research Methods for Management
- Principles of Management and Organizational Behavior
- Company Internship for three months
Second Year
- Role of RBI and Commercial
- Banking and Insurance Marketing
- Merchant Banking
- Strategic Management
- Management Control System
- Financial Services and Institution
- Management of Banking and Insurance Companies
- Business Environment and Ethics
- Project Work and Research Papers
Career Opportunities After Completing the Course of MBA Banking and Finance
There are many job positions and opportunities provided to MBA Banking and Financial degree holders from the Indira Gandhi National Open University. After completing the program, you can easily hold various types of job roles like:
Investment Banker: The primary task of a Financial investor is to look after various things included in the investment sector. He/she takes the responsibility for issuing stocks, securities, and funds. They used to manage various activities related to the financial aspect of an organization. They need to collaborate with investment firms, monetary organizations, and other financial institutions.
Loan Officers: They are in charge of screening and endorsing applications in order to provide better growth to the banking institutions. These officers receive a good salary package from their respective banking organizations. There are various responsibilities they have like managing contracts, car loans, education loans, etc. Job opportunities for the students of MBA Banking and Finance for loan officers can be found in banks and other banking sectors.
Financial Consultant: This position is one of the highest-paying jobs in the financial sector. The main role of a financial consultant is to look after various types of activities related to consulting clients and other people regarding finance. They look after various tasks like resources administration and retirement planning etc. They used to manage monetary administrations, monetary funds, etc.
Chief Financial Officer: It’s one of the highest positions in a financial institution. The main task of a CFO is to look after various activities of an organization. They have to manage all the processes of a financial organization.