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IGNOU Master of Business Administration in Banking Finance (MBAF)

Published on Thursday June 16, 2022 12:02 by Umesh Singla

The Indira Gandhi National Open University has prolonged its outreach beyond the borders of the country. The globalization of higher education, mainly via the distance mode of shipping, has given an altogether exceptional angle to the go-border transport of  IGNOU’s academic packages in numerous international locations. The International Division seems after the international operations of the University. The Division became established on 16 October, 1997 as a Cell and was upgraded to the fame of a full-fledged Division in 2002. From 1996 onwards, the International Division has been assigned the task of offering and promoting the academic programs of  IGNOU by organizing bilateral and multilateral co-operations with numerous partner institutions and organizations/universities throughout the globe. At present, IGNOU is offering academic programs in 35 countries around the world via 62 Partner Institutions.

Eligibility Criteria of Admission

Complete Name of Program: Master of Business Administration in Banking and Finance

Least Duration of the programme: 2.5 Years

Most extreme Duration of the course: 8 Years

Qualification Criteria:

  •  Candidate must possess a Graduate Degree from Recognized University.
  •  Candidate must possess the CAIIB examinations of IIBF, Mumbai, and be awarded the necessary qualification/credentials by the IIBF Institute.
  •  Candidate having working experience of at least two years with the banking or financial services sector.

 Age Bar: No Bar

Accessible Medium: English

What is Choice Based Credit System?

Along with the traditional MBA Program IGNOU also offers MBA in (B & F); also referred to as IGNOU MBA (Banking & Finance). This program specializes in improving Banking skills, mainly for those who need to pursue their profession in Banking and Finance. The principal cause of starting this program is to offer an easy way for the contributors of the IIBF to get a publish-graduate academic qualification because, before this, IGNOU has signed an MoU with IIBF (INDIAN INSTITUTE OF BANKING & FINANCE). IGNOU MBA Program in Banking and Finance gives a chance to recognize banking sports better and, with the assistance, how to sell capabilities and managerial talents of in-provider banking experts.

How is M.B.A. Banking and Finance Course Beneficial?

  • One can go for higher degree programs in subjects such as M.Phil. & Ph.D. for research work.
  • The candidates can seek jobs at many places such as RBI, regional reserve banks, the State Bank of India and its associate banks, nationalized banks as well as private banks.
  • Those with pleasing personalities can find jobs as direct marketing executives, personal banking executives, and home banking executives.
  • Candidates also have the option of higher degree programs for further research work.

Following Are the IGNOU M.B.A. Banking and Finance Courses Offered for Students

A) Compulsory (Basic) Courses

MS-1   Management Functions and Behavior
MS-2   Management of Human Resources
MS-3   Economic and Social Environment
MS-4   Accounting and Finance for Managers
MS-5   Management of Machines and Materials
MS-6   Marketing for Managers
MS-7   Information Systems for Managers
MS-8   Quantitative Analysis for Managerial Applications
MS-9   Managerial Economics
MS-10   Organizational Design, Development and Change
MS-11   Strategic Management

(B) Specialization Courses

MS-423  Marketing of Financial Services
MS-424  International Banking Management
MS-425  Electronic Banking and IT in Banks

Integrative Courses (Compulsory)

MS-494  Risk Management in Banks
MS-495  Ethics and Corporate Governance in Banks
MS-95  Research Methodology
MS-100  Project Work (equivalent to two courses)

Note:

Student Handbook and Prospectus are additionally accessible on IGNOU’s official site www.ignou.ac.in. Data about the courses given here is partial and ought not to be treated as complete. The organization would offer another course than those referenced here. Students are advised to check with the institution for the most recent information concerning the course.

Those looking for admission in IGNOU MBA (B&F) Courses in NEPAL can apply through the IGNOU Online admission portal within the stipulated time.