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Home NMIMS University Online How Is NMIMS Distance MBA In Financial Management? – Course, Fees, Admission

How Is NMIMS Distance MBA In Financial Management? – Course, Fees, Admission

Apr 22, 2023 11.2K Reads

NOTE: The UGC has stopped NMIMS from conducting distance learning courses due to violations of standards. The prohibition will be in effect for one year, until February 2024. Click here for detailed news.​

NMIMS Distance MBA Financial Management 2023

NMIMS Distance MBA in Financial management is a 2-year degree program offered to those who are willing to study the fundamental aspects of finance, auditing, and accounting in the business. This is a 2-year program divided into 4 semesters dedicating 6 months to each semester.

Students will get to study different subjects in these 4 semesters and the subjects are cost and management accounting, taxation – direct and indirect, corporate finance, strategic cost management, international finance, and other subjects related to finance and cost accounting.

NMIMS Distance PGDM Financial Management

NMIMS is a UGC-recognized university and the reason it has been recognized by UGC is that it provides experienced faculty to give training or teach complicated subjects. This program teaches to evaluate different solutions to business problems.

MBA in  Financial management helps in combining management strategies and philosophies with concepts of marketing, economics, accounting, operations management, and finance, creating solutions for business problems.

The biggest advantage of this program from NMIMS is that it doesn’t offer any age constraints. Hence, both recent graduates and working professionals can opt for this program to improve their employable skills.

After the completion of MBA Financial Management from NMIMS, students can easily take up their careers in job profiles like Financial Auditor, Analyst-Financial Planning, Accounts and Finance Manager, Financial Planner, and other high profile jobs in the management domain.

Read: NMIMS Distance Learning MBA Course

Key Highlights of NMIMS Distance MBA Financial Management 2023

  • Distance MBA Financial management teaches to study the fundamentals of business management while also recognizing the values and concepts of finance and their practical application.
  • NMIMS is a UGC-DEB recognized university and hence provides degrees that are valid across the world. The University Grants Commission or UGC is a statutory body of the government of India established under UGC Act 1956 to maintain the standards of higher education in India.
  • NMIMS offers MBA Financial management in the semester mode, instead of the yearly mode.
  • The program of NMIMS offers subjects like cost and management accounting, taxation – direct and indirect, corporate finance, strategic cost management, international finance, and other subjects related to finance and cost accounting.
  • The duration of this MBA program at NMIMS is 2 years.
  • The university provides placement assistance to its distance learning students via online portals or an alumni networking portal.
  • The program inculcates knowledge in the areas like financial strategies, risk management, capital investment, and analysis of effective business strategies amongst the students.
  • NMIMS has gained accreditation from NAAC with an A+ Grade.

Read: What Is the Fees for MBA In NMIMS Distance Learning University?

Eligibility Criteria of NMIMS Distance MBA Financial Management 2023

Qualifications of Education

  • A bachelor’s degree from a recognized university in any discipline with a minimum of 50% on the qualifying exams.
  • Students with less than 50% in their bachelor’s degree will also apply if they have two years of work experience.

Age Limit:- Admission to the NMIMS program is not constrained by one’s age.

NMIMS Distance PGDM Financial Management

Fees Structure of NMIMS Distance MBA Financial Management 2023

Students can pay the program fees using any of the three methods mentioned:-

  • Fees Paid in Full: Rs. 86,000 (the entire amount of the fee needs to be paid at one time).
  • Fees to be charged annually: Rs. 47,000 (the amount will be paid at the beginning of both years).
  • Semester by semester Fees to be paid: Rs. 25,000 (the amount will be paid at the beginning of every semester).

Note: The university provides an EMI facility on the following banks: HDFC Bank, ICICI Bank, Axis Bank, Citi Bank, Standard Chartered Bank, HSBC Bank, SBI, and Kotak Mahindra Bank.

Major Pointers of Distance MBA Financial Management

NMIMS Distance PGDM Financial Management
Degree Postgraduate Degree
University Name Narsee Monjee Institute of Management Studies (NMIMS)
Full-Form MBA in Financial Management
Duration Course Duration of MBA is 2 Years.
Eligibility Graduation
Age No age limit
Minimum Percentage Minimum of 50% marks
Subjects Required Graduation in any discipline from a recognized university.
Average Fees Incurred INR 86,000 – 1 lakh
Average Salary Offered INR 7.4 L per annum or more
Employment Roles Financial Auditor, Analyst-Financial Planning, Accounts and Finance Manager, Financial Planner, etc.
Placement Opportunities Accenture, Wipro Technologies, TATA Consultancy Sevices, BNP Paribas Inc, McKinsey, Deutsche Bank, Merrill Lynch, Bain & Co, JP Morgan, Boston Consulting Group, BCG.

Syllabus  of NMIMS Distance MBA Financial Management 2023

Semester 1

Semester 2
Subjects Credit  Subjects

Credit

Management Theory and Practice 4 Decision Science 4
Organizational Behaviour 4 Business Communication 4
Business Economics 4 Essentials of HRM 4
Marketing Management 4 Strategic Management 4
Information Systems for Managers 4 Operations Management 4
Financial Accounting and Analysis 4 Business Law 4

Semester 3

Semester 4
Subjects Credit  Subjects 

Credit

Cost & Management Accounting 4 Strategic Financial Management 4
Taxation – Direct and indirect 4 International Finance 4
Capital Market and Portfolio Management 4 Financial institutions and Markets 4
Strategic Cost Management 4 Business: Ethics, Governance & Risk 4
Corporate Finance 4 Research Methodology 4
Marketing of Financial Services 4 Project 4

Career Opportunities of Distance MBA Financial Management

NMIMS Distance PGDM Financial Management
 
Financial Consultant Finance Manager Business Analyst
Accounting Manager Bank Manager Corporate Controller
Relationship Manager Finance Officer Equity Research Analyst
Accounts Officer Finance Executive Assistant Manager

About Narsee Monjee Institute of Management Studies (NMIMS)

The Narsee Monjee Institute of Management Studies is one of India’s most prestigious management institutes. This university has received an A+ grade from NAAC and is accredited by UGC-DEB.

The curriculum of the course has been developed by NMIMS to develop the employability skills of working professionals while also providing students with placement assistance. The university has established branches in 30 cities across India, with 9 regional offices and more than 80 approved enrollment partners, to spread education throughout the country.

NMIMS is famous for providing varied courses in the management domain and MBA in Financial Management is one of the famous courses of the university. This program teaches us to think critically and imparts the knowledge required to deal with different issues of the business.

NMIMS School of Distance Education was established with the aim to disseminate higher education in both urban and rural areas. In 2003, the university gained the “Deemed-to-be-university” status. NMIMS provides various facilities to its distance learners like a student portal which is accessible via both website and mobile app, more than 800 live lectures and recorded lectures too, an excellent student support system, and placement assistance with the help of hiring partners and alumni networking. Click here for the detailed guide!

NMIMS Distance MBA Other Specialisations

The distance MBA in financial management course at NMIMS is suitable for students who want to continue their education after completing a bachelor’s degree in finance but don’t have enough time to attend regular classes.

The blog includes all of the course information and will address all of the students’ questions related to MBA Financial Management at NMIMS University.

FAQs (Frequently Asked Questions)

Yes, the Distance MBA programs are recognized by the University Grants Commission (UGC), AICTE, and IAU. Hence, all its MBA programs including Financial Management are valuable.

Any candidate who has completed graduation in any discipline from a recognized university with a minimum percentage of 50.

The duration of the MBA program in Financial Management is 2 years.

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