IGNOU Online MBA In Banking Financial Services & Insurance

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About IGNOU Online MBA In Banking Financial Services & Insurance

Students looking for an online and distance mode of education can move forward with IGNOU and pursue the course of their 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. Through this students get the experience to attend classes live, get the prerecorded sessions for revision, and get a chance to visit the university. 

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.

 

The Online MBA Banking Financial Services & Insurance is a program that provides students with knowledge about finance, the banking sector, investment management, and insurance guides or consultants. This can involve accounting skills, quantitative abilities, and analytical thinking which allows them to land the best career and job platforms with the best package offered. 

The Online MBA Banking Financial Services & Insurance is a 2-year program that focuses on providing students the guidance in finance and banking. This program allows the students to learn and upskill their knowledge easily in the fields of banking, finance, insurance, and management. Today companies provide the best package to students with these job profiles and help students set their careers in government, public, private, or corporate sectors. 

As for the thought of placement, students can stay worry-free as IGNOU provides placements to over 75% of students at well-reputed companies that are in collaboration with universities. In terms of placement and mode of education, students can opt for the course from IGNOU without any second doubt. With Online MBA Banking Financial Services & Insurance students gain knowledge about banking and finance and can land job profiles in government private or corporate sectors.

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 Online MBA Banking Financial Services & Insurance is a 2-year program with the division of semesters into four parts.
  • Candidates applying for the program should have a 3-year graduation certificate from a recognized university.
  • With this program, students can upskill their knowledge easily in the fields of banking, finance, insurance, and management.
  • After the completion of the program, students can land job profiles in government private or corporate sectors.
  • 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 55% aggregate marks and 45% in the case of candidates belonging to reserved categories.
  • The Fee structure of the program is around 15,000/- that changes in each semester.
  • The program is online based where classes are conducted online except for the mode of examination where students have to visit the university.

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Who Can Apply?

Students can apply to the courses easily and even pass the step of the admission process smoothly. Students just need to verify and check the eligibility criteria section. Eligibility criteria play a major role in informing students whether they are eligible to apply for the program or not.  

While researching a program or course, one thing that should be observed and noted by the students is the eligibility criteria that help in understanding the level of the course. The eligibility criteria for Online Banking Financial Services & Insurance are as - 

  • Candidates looking and applying for the program should have a 3-year graduation certificate from a recognized university. 
  • Students must have scored 55% aggregate marks and 45% in the case of candidates belonging to reserved categories. 
  • This program is open for working professionals and allows them to attend the classes live and continue with the work too. 

NOTE - The eligibility criteria may differ with other specializations. Students can verify this with other specializations.

Other Specializations

View All
IGNOU Online MBAFinancial Management

IGNOU Online MBA

Financial Management

Right Choice for Right Education

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IGNOU Online MBABanking & Finance

IGNOU Online MBA

Banking & Finance

Right Choice for Right Education

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IGNOU Online MBAOperations Management

IGNOU Online MBA

Operations Management

Right Choice for Right Education

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IGNOU Online MBAHR Management

IGNOU Online MBA

HR Management

Right Choice for Right Education

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IGNOU Online MBAMarketing Management

IGNOU Online MBA

Marketing Management

Right Choice for Right Education

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IGNOU Online MBAReal Estate Management

IGNOU Online MBA

Real Estate Management

Right Choice for Right Education

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IGNOU Online MBABusiness Management

IGNOU Online MBA

Business Management

Right Choice for Right Education

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IGNOU Online MBABanking and Insurance

IGNOU Online MBA

Banking and Insurance

Right Choice for Right Education

Read More
IGNOU Online MBADigital Marketing

IGNOU Online MBA

Digital Marketing

Right Choice for Right Education

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IGNOU Online MBADirect Selling Management

IGNOU Online MBA

Direct Selling Management

Right Choice for Right Education

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IGNOU Online MBADisaster Management

IGNOU Online MBA

Disaster Management

Right Choice for Right Education

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IGNOU Online MBAEvent and Media Management

IGNOU Online MBA

Event and Media Management

Right Choice for Right Education

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IGNOU Online MBAFashion Management

IGNOU Online MBA

Fashion Management

Right Choice for Right Education

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IGNOU Online MBAFintech Management

IGNOU Online MBA

Fintech Management

Right Choice for Right Education

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IGNOU Online MBAFinancial Markets Management

IGNOU Online MBA

Financial Markets Management

Right Choice for Right Education

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IGNOU Online MBAProject Management

IGNOU Online MBA

Project Management

Right Choice for Right Education

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IGNOU Online MBAGeneral Management

IGNOU Online MBA

General Management

Right Choice for Right Education

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IGNOU Online MBAWaste Management

IGNOU Online MBA

Waste Management

Right Choice for Right Education

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IGNOU Online MBAManagement Information System

IGNOU Online MBA

Management Information System

Right Choice for Right Education

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IGNOU Online MBARetail Management

IGNOU Online MBA

Retail Management

Right Choice for Right Education

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IGNOU Online MBAHospital Administration

IGNOU Online MBA

Hospital Administration

Right Choice for Right Education

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IGNOU Online MBAInformation Technology

IGNOU Online MBA

Information Technology

Right Choice for Right Education

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IGNOU Online MBAFood Technology Management

IGNOU Online MBA

Food Technology Management

Right Choice for Right Education

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IGNOU Online MBAHealthcare Management

IGNOU Online MBA

Healthcare Management

Right Choice for Right Education

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IGNOU Online MBATourism Management

IGNOU Online MBA

Tourism Management

Right Choice for Right Education

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IGNOU Online MBAPublic Policy

IGNOU Online MBA

Public Policy

Right Choice for Right Education

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IGNOU Online MBAPharmaceutical Management

IGNOU Online MBA

Pharmaceutical Management

Right Choice for Right Education

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IGNOU Online MBAMarketing & Human Resource

IGNOU Online MBA

Marketing & Human Resource

Right Choice for Right Education

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IGNOU Online MBAMarketing & Finance

IGNOU Online MBA

Marketing & Finance

Right Choice for Right Education

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IGNOU Online MBAInvestment Banking and Equity Research

IGNOU Online MBA

Investment Banking and Equity Research

Right Choice for Right Education

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IGNOU Online MBAInternational Trade

IGNOU Online MBA

International Trade

Right Choice for Right Education

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IGNOU Online MBAAgri-Business Management

IGNOU Online MBA

Agri-Business Management

Right Choice for Right Education

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IGNOU Online MBABusiness Analytics

IGNOU Online MBA

Business Analytics

Right Choice for Right Education

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IGNOU Online MBAData Science

IGNOU Online MBA

Data Science

Right Choice for Right Education

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IGNOU Online MBAData Science & Analytics

IGNOU Online MBA

Data Science & Analytics

Right Choice for Right Education

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IGNOU Online MBADigital Entrepreneurship

IGNOU Online MBA

Digital Entrepreneurship

Right Choice for Right Education

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IGNOU Online MBADigital Marketing & E-commerce

IGNOU Online MBA

Digital Marketing & E-commerce

Right Choice for Right Education

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IGNOU Online MBAInternational Business Management

IGNOU Online MBA

International Business Management

Right Choice for Right Education

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IGNOU Online MBAInfrastructure Management

IGNOU Online MBA

Infrastructure Management

Right Choice for Right Education

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Specialization Wise Updated Fees 2025

SpecializationFeesDuration
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
Infrastructure Management 64,000 (Full Fee)2 Years

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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 Financial Services & 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 Financial Services & Insurance Syllabus / Curriculum

A syllabus is a medium for easily understanding the course and the subjects. It's like an overview of the course that adds the understanding of the course in detail and knows about the program structure with semesters. On the official website of the university, they provide a syllabus overview so that students can understand the subjects and practicals they will gain knowledge from. The syllabus for the Online Banking Financial Services & Insurance is as:

Online MBA - Banking Financial Services & Insurance

Sem 1

Sem 2

  • Management Process and Organizational Behavior
  • Communication Skills 
  • Financial Reporting and Analysis 
  • Accounting & Finance Management 
  • Managerial Economics 
  • Marketing Management 
  • Supply Chain & Logistics Management 
  • Financial Management  
  • Human Resources Management
  • Business Research Methods
  • Management Information System 
  • Consumer Psychology 
  • Professional Communication Skills - 1

Sem 3

Sem 4

  • Data Analysis for Business Decisions 
  • Legal Aspects of Banking
  • Treasure & Risk Management  
  • Merchant Banking & Financial Services 
  • Mergers and Acquisitions
  • Strategic Management and Banking Policy 
  • Treasury Management 
  • Merchant Banking and Financial Services 
  • Insurance and Risk Management  
  • E-commerce 
  • FinTech Payments and Regulations 

These subjects may differ when the course is launched by the university but still, this can be verified by the students through different specializations. 

IGNOU Online MBA In Banking Financial Services & 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 Financial Services & Insurance

Getting worried about the placement can be the most common doubt by the students today. Students with IGNOU can stay relaxed and focused on to course without thinking about the placement as  IGNOU provides placements to over 75% of students at well-reputed companies that are in collaboration with universities. In terms of placement and mode of education, students can opt for the course from IGNOU without any second doubt. Job roles and packages that students will land after the completion of an Online MBA in Banking Financial Services & Insurance are as - 

Job Roles

Average Salary (LPA)

Account Manager 

INR 8 LPA

Banking Analyst 

INR 6 LPA

Risk Analyst 

INR 7 LPA

Loan Officer 

INR 4.5 LPA

Investment Banker 

INR 7.5 LPA

Joint General Manager 

INR 20 LPA

Frequently Asked Questions?

The Fee structure of the program is around 15,000/- that changes in each semester. Like quite similar in the second and fourth semesters and 17,000/- in the third semester. 

The online MBA in Banking Financial Services & Insurance is a 2-year distance course with four semesters in 2 years. 

IGNOU is well known for distance education and this allows students to attend the classes live and visit the university for the examination mode. 

IGNOU makes sure to provide the study material and notes to the students through the courier method so that students can learn and understand the concepts easily. 

Yes, this course is open for candidates with ongoing work or with work experience who can apply to this course and complete it through online mode.

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Reviewed in India on June 29, 2023

Job Security is rated the lowest

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Aditya Anand

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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

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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.

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Nikhil Patil

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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.

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Sajal giri

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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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