IGNOU MBA Banking and Finance: Indira Gandhi National Open University offers a postgraduate MBA program in Banking and Finance, recognized by AICTE for providing education in an open and distance education mode. IGNOU is a #category-1 open university according to UGC-DEB (Distance Education Bureau). The university is a well-renowned university for open education around the world, and 5 million+ candidates are connected with the college to have quality education. 57 regional centres in India provide courses in an ODL mode of learning.
The last date is 28 February 2026 for IGNOU admission for their MBF course under the January 2026 session. 10+2 pass candidates can pursue this course from IGNOU in the Open and Distance mode of Learning. INR 16,000 per semester fee for IGNOU MBA in Banking and Finance course, and application fee is INR 300 that is non-refundable.
Interested students can take admission into this course by visiting the official website of the university https://www.ignou.ac.in/. After completing this course, candidates can build their career in finance, business development, or entrepreneurship.
For more information, read the full article and take a step towards your goals!
IGNOU MBA Banking & Finance Courses Overview Table
| Feature | Details |
| Program Name |
Master of Business Administration (Banking & Finance) – MBF
|
| University |
Indira Gandhi National Open University (IGNOU)
|
| Collaboration |
Offered in partnership with the Indian Institute of Banking & Finance (IIBF)
|
| Approval |
AICTE-approved specialized MBA program
|
| Mode of Study |
Open Distance Learning (ODL)
|
| Duration |
Minimum 2 years; maximum 5 years
|
| Medium of Instruction | English |
| Eligibility |
Bachelor’s degree (minimum 3 years) with at least 50% marks (45% for reserved categories)
|
| Target Audience |
Primarily for in-service banking professionals and IIBF members
|
| Objective |
To upgrade managerial skills, capability, and orientation of banking personnel
|
| Admission Cycle |
January and July sessions
|
| Course Structure |
Core courses + electives (limited options); compulsory subjects in banking & finance
|
| Career Scope |
Roles in banking, financial services, corporate finance, investment analysis, and risk management
|
IGNOU MBA Banking & Finance Course Details
IGNOU has signed an MoU with IIBF (Indian Institute of Banking & Finance) to provide a specialised MBA course in Banking and Finance. The duration of the course is designed for 2-years, which lasts for 5-years in distance education. During the course, Students will study key subjects like accounting for managers, business laws, international business management, business ethics and CSR, and financial management.
The course is taught by the School of Management Studies in the English language to the bachelor candidates. Now, 2-year+ experienced working professionals can also take admission into this programme to enhance their skill-set along with their profession. After completing the course, Individuals can get multiple job opportunities or a promotion in their existing work.
IGNOU MBA Banking and Finance Admission 2026
28 February 2026 is the last date for IGNOU MBA Banking and Finance Admission under the January 2026 academic year. Currently IGNOU has started the admission procedure for their MBA in Banking and Finance course in January session. Interested candidates can submit an online application form by visiting the official website of the university, https://www.ignou.ac.in and INR 300 is the admission fee, which is a non-refundable fee.
Graduates who are planning to take admission into the MBA course in the 2026 session and yet have other responsibilities to fulfil can go with the IGNOU university. Here, you can do the most demanding MBA course by having a specialised degree in banking and finance.
IGNOU MBA Banking & Finance Re-Registration 2026
IGNOU Re-registration admission is ongoing for the MBA Banking an Finance course applicants who are already enrolled. This form is for 2nd/3rd semester candidates or those who want to take admission in the 2nd year of their master’s course. You can visit the official website of the university, https://onlinerr.ignou.ac.in/, to fill in the form.
IGNOU MBA Banking and Finance re-registration last date is 28 February 2026 with a late fee of INR 200 into January session and INR 16,000 to INR 18,000 is the course admission fee for the MBA programme. To fill in a re-registration form, applicants should know their username or password to log in. After you log in to your account, you can apply for admission to the upcoming academic session.
Eligibility Criteria for IGNOU MBA Banking and FinanceÂ
The eligibility criteria for taking admission to the IGNOU MBA course in banking and finance are mentioned here to read and check:
- Have a graduation degree in any discipline from a recognised university or institution.
- Must have scored 50% marks in a bachelor’s degree.
- 5% of relaxation is given to the reserved categories in the marking criteria.
- No age limit to apply for this specialisation.
- Experienced candidates can also be eligible to submit an application form.
IGNOU MBA Banking and Finance Course Fee
Master’s in banking and finance is a specialised degree that can be done with an affordable fee structure by taking admission in IGNOU. The university provides this course within a fee range of INR 66,000, and candidates can pay the fee in instalments as well. Students can submit the fee on a semester or yearly basis. Candidates have to submit the course fee and admission fee together while submitting the admission form for the 2026 AY.
The fee on a semester basis is INR 16,000 for 1st, 2nd, and 4th semesters and INR 18,000 for the 3rd semester. There is an admission and examination fee too, which completes the IGNOU fee structure. The registration fee is INR 300, and INR 200 is the examination fee for each subject or course. To pay the fee, you can use digital payment systems like UPI, Credit cards, Net banking, or Debit cards, etc.
IGNOU MBA Banking and Finance Admission Process 2026
The admission process for the IGNOU MBA course in Banking and Finance is given here for the 2026 applicants to follow:
- Step 1: Students required to visit the official portal of the university https://www.ignou.ac.in/
- Step 2: Then click on the ‘apply for ODL programmes’ option.
- Step 3: Start filling in the registration form.
- Step 4: To be able to apply successfully, candidates must create an ABC or DEB-ID.
- Step 5: In the registration form, fill in your details: name, email ID, phone number, and password.
- Step 6: Then, you will be able to log in and fill out an application form.
- Step 7: In the application form, you need to put down your personal, educational, and experience information.
- Step 8: Upload the documents in the proper size.
- Step 9: Then pay the fee via UPI or the Net banking system.
- Step 10: Candidates should take out a printout of the application form and the fee receipt for future reference.
IGNOU MBA Banking and Finance Assignment
Indira Gandhi National Open University has started the assignment submission process for MBA in Banking and Finance course for June Term-end examination 2026. Students need to submit their assignment by reach out the nearby regional or study centre or visit the official portal of regional centre. IGNOU Assignment submission last date is 31 March 2026 for MBA in Banking and Finance for June 2026 TEE. The weightage of the IGNOU assignment is 30% of marks out of 100 in the final score for a course, with the Term-End Examination (TEE) making up the remaining 70%.
IGNOU MBA Banking and Finance Syllabus
3rd Semester
| Course Code | Course Name | Credits |
| MMPC-015 | Research Methodology for Management Decisions | 4 |
| MMPC-016 | International Business Management | 4 |
| MMPF-006 | Management of Financial Services Community | 4 |
| MMPF-011 | Management of Insurance Services | 4 |
| MMPB-004 | Risk Management in Banks | 4 |
| MMPB-006 | Corporate Governance in Banking and Financial | 4 |
| MMPP-001 | Project Report | 8 |
4th Semester
| Course Code | Course Name | Credits |
| MMPB-005 | Marketing of Financial Services | 4 |
| MMPB-003 | Information Technology and Digital Banking | 4 |
| MMPB-002 | International Banking Management | 4 |
| MMPB-001 | Bank Financial Management | 4 |
| MMPC-019 | Total Quality Management | 4 |
| MMPC-020 | Business Ethics and CSR | 4 |
| MMPC-018 | Entrepreneurship | 4 |
| MMPC-017 | Advanced Strategic Management | 4 |
Benefits of Pursuing IGNOU MBA in Banking & Finance
Read the benefits of the IGNOU MBA course in Banking and Finance from here. The top 5 advantages are:
- UGC-Recognised Course: The university offers a UGC and AICTE-recognised MBA course in distance mode of education.
- Multi-disciplinary Specialisations: The MBA course comes with multi-disciplinary specialisations in various fields.
- Affordable Fee Structure: IGNOU provides this course in a highly-affordable fee structure to make education more accessible among graduates and working-professionals.
- Expert Guidance: Through this course, candidates can access industry experts’ guidance that will give them meaningful insights.
- Career Assistance: Here, you will also get guidance from the experienced faculty members of the university regarding career opportunities of the course in detail.
IGNOU MBA in Banking & Finance Career Scope
After the IGNOU MBA in Banking and Finance course, Candidates will have a great career scope in various fields or sectors. Like; They can have job opportunities in business sectors or public administration sectors for famous job profiles such as finance management, data analyst, marketing management, investment management and so on.
Otherwise, freshers can also work as interns to get some experience in the real world in the desired field. In the meantime, they can start earning from INR 2 to INR 15 LPA which depends on the company norms and others. The salary can be increased with your knowledge and experience. There are several opportunities in the public sector as well.
Jobs After Completing IGNOU MBA Banking and Finance Course
| Job Role | Tentative Average Salary (Per Year – India) |
|---|---|
| Banking Officer | INR 4 LPA – INR 7 LPA |
| Relationship Manager | INR 4 LPA – INR E8 LPA |
| Credit Analyst | INR 5 LPA – INR 9 LPA |
| Financial Analyst | INR 5 LPA – INR 10 LPA |
| Risk & Compliance Manager | INR 6 LPA – INR 12 LPA |
| Investment Banking Executive | INR 6 LPA– INR 15 LPA |
| Treasury Manager | INR 7 LPA – INR 14 LPA |
| Corporate Finance Manager | INR 8 LPA – INR 16 LPA |
| Loan Processing / Credit Manager | INR 5 LPA – INR 9 LPA |
| Financial Consultant | INR 6 LPA – INR 12 LPA |
| Branch Manager (with experience) | INR 10 LPA – INR 20 LPA+ |
| Government Banking Jobs (after exams) | INR 6 LPA – INR 12 LPA+ |
Other IGNOU MBA Specializations:
