IGNOU Online MBA In Banking and Insurance
Rank No. 1 In NIRF Ranking 2024: Open University Category
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About IGNOU Online MBA In Banking and Insurance
With the technology change, students are moving forward with the change in mode of learning. With the expectations of changing the mode of learning, students are now looking for the online and distance mode of education. With this expectation, IGNOU stands well on it and even allows students to pursue the course as per choice. IGNOU is the pioneer of distance education provider that focuses on providing classes and live sessions through the online mode and calls students to visit the university for the mode of examination.
What’s new at IGNOU (Indira Gandhi National Open University)?
IGNOU starts its registration process for its fresh batch of students for all online & ODL courses of the January 2025 admission session. The last date to apply is January 31, 2025. Interested students can check and apply through the university's official website. Read more about the same here.
With the help of the online distance learning method, students get the experience of attending classes live, get prerecorded sessions for revision, and get a chance to visit the university with the mode of examination. The online MBA in banking and finance course can also be completed through the online mode of learning. This program is for 2 years and provides students the knowledge about finance, the banking sector, investment management, and insurance guides or consultants.
With the help of an online MBA in banking and finance, students get the knowledge of work roles like accounting skills, quantitative abilities, and analytical thinking which allows them to land the best career and job platforms with the best package offered. With the business growth, companies are hiring candidates with skills in banking in finance who can help them with the maintenance of data and finance-related work.
As per the university, they do provide placements to students but still, that thing puts students in the thought of doubt and questions whether will they be provided with the placement or not. Well, students pursuing courses from IGNOU can stay away from the doubts related to the placement. IGNOU is a well-reputed university that provides placements to over 75% of students each year in the best companies and expected packages.
Online Degree Acceptance
Online degrees earned from a government-approved university, just like a regular degree, are accepted by the top recruiters worldwide including government & private sectors.
Value of Online Degree
An online degree from a government-approved university holds similar recognition in the industry as that of a regular degree. Thus, it is equally valuable when considered for a job or higher education.
Quality of Education
The quality of education offered in online programs is of the same standard as offered in an on-campus program. Be it curriculum, faculty members, evaluation methods, practical sessions, online & on-campus programs follow similar standards of quality.
Specialization Benefits
- The Fee structure of the online MBA in banking and finance is around 15,000/- and 17,000/- in the third semester and this keeps changing.
- The Online MBA Banking And Insurance is a 2-year program with the division of semesters into four parts.
- Candidates applying for the program should have completed the 3-year graduation certificate in any discipline from a recognized university.
- Students can upskill their knowledge about the sections like banking, finance, insurance, and management.
- Candidates are provided with the study materials and notes through courier.
- This program is open for working professionals and allows them to attend the classes live and continue with the work too.
- Students must have scored 50% aggregate marks and 45% in the case of candidates belonging to reserved categories.
- The course is not completely online based as in this the classes are conducted online and for the mode of examination where students have to visit the university.
IGNOU Approved By
UGC-DEB
AIU
NIRF
WES
NAAC A++
Who Can Apply?
As per the eligibility criteria, students can get information about the enrollment of the course and who can apply to it. Every university provides details about the eligibility criteria on the course page, but sometimes are missed by the students with the flow of information. With the help of eligibility criteria, students can get to know about whether they are eligible for the program or not and this can make the admission process easy and smooth. The eligibility criteria for the online MBA in banking and finance are as:
- Candidates applying for the online MBA in banking and finance program should have completed the 3-year graduation program from a recognized university.
- Candidates must have scored 50% aggregate marks and 45% in the case of candidates belonging to reserved categories.
- The working professionals can apply to this course and this allows them to attend the classes live and continue with the work too.
NOTE - There might be a slight difference between the programs and here the eligibility criteria may differ with other specializations. Students can verify this with other specializations.
Other Specializations
Specialization Wise Updated Fees 2025
Specialization | Fees | Duration |
Financial Management | ₹62,000 (Full Fee) | 2 Years |
Banking & Finance | ₹62,000 (Full Fee) | 2 Years |
Operations Management | ₹15,500/Semester | 2 Years |
HR Management | ₹62,000 (Full Fee) | 2 Years |
Marketing Management | ₹15,500/Semester | 2 Years |
Real Estate Management | ₹64,000 (Full Fee) | 2 Years |
Business Management | ₹64,000 (Full Fee) | 2 Years |
Banking and Insurance | ₹62,000 (Full Fee) | 2 Years |
Banking Financial Services & Insurance | ₹60,000 (Full Fee) | 2 Years |
Digital Marketing | ₹62,000 (Full Fee) | 2 Years |
Direct Selling Management | ₹62,000 (Full Fee) | 2 Years |
Disaster Management | ₹62,000 (Full Fee) | 2 Years |
Event and Media Management | ₹62,000 (Full Fee) | 2 Years |
Fashion Management | ₹62,000 (Full Fee) | 2 Years |
Fintech Management | ₹60,000 (Full Fee) | 2 Years |
Financial Markets Management | ₹60,000 (Full Fee) | 2 Years |
Project Management | ₹62,000 (Full Fee) | 2 Years |
General Management | ₹62,000 (Full Fee) | 2 Years |
Waste Management | ₹62,000 (Full Fee) | 2 Years |
Management Information System | ₹62,000 (Full Fee) | 2 Years |
Retail Management | ₹62,000 (Full Fee) | 2 Years |
Hospital Administration | ₹60,000 (Full Fee) | 2 Years |
Information Technology | ₹62,000 (Full Fee) | 2 Years |
Food Technology Management | ₹62,000 (Full Fee) | 2 Years |
Healthcare Management | ₹60,000 (Full Fee) | 2 Years |
Tourism Management | ₹64,000 (Full Fee) | 2 Years |
Public Policy | ₹64,000 (Full Fee) | 2 Years |
Pharmaceutical Management | ₹64,000 (Full Fee) | 2 Years |
Marketing & Human Resource | ₹64,000 (Full Fee) | 2 Years |
Marketing & Finance | ₹64,000 (Full Fee) | 2 Years |
Investment Banking and Equity Research | ₹64,000 (Full Fee) | 2 Years |
International Trade | ₹64,000 (Full Fee) | 2 Years |
Agri-Business Management | ₹64,000 (Full Fee) | 2 Years |
Business Analytics | ₹62,000 (Full Fee) | 2 Years |
Data Science | ₹62,000 (Full Fee) | 2 Years |
Data Science & Analytics | ₹64,000 (Full Fee) | 2 Years |
Digital Entrepreneurship | ₹64,000 (Full Fee) | 2 Years |
Digital Marketing & E-commerce | ₹64,000 (Full Fee) | 2 Years |
International Business Management | ₹62,000 (Full Fee) | 2 Years |
Sample Certificate from IGNOU
Acquire a globally recognized online Degree/Diploma/Certificate from:
- Most trusted platform for online education
- UGC-entitled government-approved university
- An award-winning university by the Commonwealth of Learning (COL), Canada
IGNOU EMI Details
IGNOU Online offers the option of Credit Card/Debit card/Net Banking in its fee payment options but does not provide you a “No Cost EMI” option as of now for any of the online courses.
IGNOU Online MBA In Banking and Insurance Admission Process
The process for IGNOU online course admission can be completed via the official website’s admission portal. The steps involved in the admission process are listed below.
Step 1: Visit the official website of the university & click on the “Apply Now” tab.
Step 2: Fill out the student registration form & register yourself with the university.
Step 3: After registration, re-login to the admission portal & fill out the admission application form.
Step 4: Upload the scanned copies of mandatory documents & submit the application form.
Step 5: Make the fee payment using payment methods as mentioned on the website.
Now, Get admission twice a year, in July/August and January/February. Latest Notice by UGC, Click here to know.
IGNOU Results - Term-End Latest. Click Here to Find!.
IGNOU Grade Card/ Marks Sheet. Click Here to Find!.
Know Your IGNOU Admission/Registration Details. Click Here to Find!.
IGNOU January Admission Cycle 2025. For ODL Programme Official Link - Apply Here | For Online Programme Official Link - Apply Here.
IGNOU January Admission Cycle 2025 Scholarship- Eligible students can apply for Government of India Scholarships on the National Scholarship Portal at https://scholarships.gov.in/ after confirmation of admission.
Download the Common IGNOU Prospectus and read carefully the Rules of the University as mentioned in the common prospectus. Click Here to Donwnload!.
UGC updated the list of approved Online programs for the academic batch of 2025, Click here to get the list!
Precautions to be taken by the students before enrolling for programs offered under ODL & Online Learning Mode, Click here to know!
A degree obtained through ODL mode is equivalent to a traditional degree, Click here to know!
UGC declares a 100% Fee Refund policy for students within a specified period by universities.Click hereto read the full notice.
UGC issues a public notice regarding misleading abbreviations in the names of Universities & Colleges. Read the UGC Letter.
IGNOU Online MBA In Banking and Insurance Syllabus / Curriculum
How does it feel when you get an overview of a thing that makes your study process easy and understandable? Good, right? Similarly, you can get the same feeling with the help of a preview of the syllabus that can help students know about the subjects and practicals to be involved in the course. The online MBA in banking and insurance involves subjects like finance management, bank data management, accounting, HR management, and others. This can be easily understood through -
Online MBA - Banking And Insurance |
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Sem 1 |
Sem 2 |
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Sem 3 |
Sem 4 |
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IGNOU Online MBA In Banking and Insurance Examination Pattern
The examination pattern followed at IGNOU online for different types of courses is semester mode, i.e., exams are conducted by the university at an interval of 6 months. For online courses, exams are conducted through an AI-proctored tool for an unbiased performance evaluation of students.
Job Roles after Online MBA in Banking and Insurance
If we talk about the job roles, every student is in search of the best job roles that can help them with a better future. A job role and salary package is what is needed after completion of a program. Students easily get worried about the job placement by the university, but with IGNOU they can sit back with surety as IGNOU provides placemen to over 80% of students every year and helps them placed with the best companies in collaboration.
Job Roles |
Average Salary (LPA) |
Account Manager |
INR 8 LPA |
Banking Analyst |
INR 6 LPA |
Loan Officer |
INR 4.5 LPA |
Investment Banker |
INR 7.5 LPA |
These job roles and packages may differ from other candidates as these are offered on the basis of experience and skills.
Frequently Asked Questions?
The Online MBA Banking And Insurance is a 2-year program with the division of semesters into four parts.
The Fee structure of the online MBA in banking and finance is around 15,000/- and 17,000/- around in the third semester and this keep changing.
Yes, IGNOU provides the study materials and notes to students through courier as it helps in better learning and understanding.
Yes, this course is open for the working professionals and they can complete the course without quitting to job.
Live and recorded sessions, both are provided to the students to make the learning experience easy and convenient.
Every query is essential.
Our team of experts, or experienced individuals, will answer it within 24 hours.
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IGNOU Reviews
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4.0 out of 5
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Raushan
Reviewed in India on June 29, 2023
Job Security is rated the lowest
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Aditya Anand
Reviewed in India on May 12, 2023
Highly Recommend it! I am really glad that I took the decision of getting associated with India’s one of the most trusted & affordable universities for online courses. I am one of those who could not afford a full-time graduation but an online B.Com from IGNOU made me get a well-paid job & now I am planning on an M.Com from the university to upgrade my career.
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Ashish
Reviewed in India on May 12, 2023
Great Faculty Support! I have completed my BCA in online learning mode from IGNOU & am really grateful for all the support I got from my professors. They even helped me in preparing for the job interviews.
2 people found this helpful
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Nikhil Patil
Reviewed in India on November 10, 2022
IGNOU offers a variety of study material which makes understanding the concept really easy, the faculty is also very helpful and experienced.
1 person found this helpful
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Sajal giri
Reviewed in India on November 10, 2022
I had a great experience at IGNOU as it is a great university for those who wish to puruse any course with flexibilty of time. It has a wide variety of courses offered which is difficult to find these days.
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IGNOU
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