How to apply forIGNOU admission?

The candidates seeking admission can apply through the IGNOU Online admissionportal within the stipulated time.Candidates can also re-register for certain UG, PG, and Research courses offered by IGNOU before the stipulated timethrough theIGNOU re-registration portal. For admission to most of the IGNOU courses offered by the University, candidates are shortlisted for admission based on marks obtained in the qualifying degree. However, in the case of some specific courses, the University conducts an admission test for the selection of students.

When will I be notified about my acceptance at IGNOU?

You will be notified of your acceptance usually withintwo months after the receipt of your application in the Regional Centre when the review process has been completed.

What is the system of evaluation at IGNOU?

IGNOU follows a multi-tier system of evaluation - self-assessment exercises within each unit of study, continuous evaluation mainly through assignments which are tutor-marked, practical assignments as well as several seminars/workshops/extended contact programs, term-end examination, project work, etc. The evaluation of students willdepend on various instructional activities that they undertake. All assignments must be submitted by the stipulated date as announced by the university. These assignments are conducted before term examinations.

What is the registration fee at IGNOU, and the mode of payment?

Candidates can find their respective fee structures based on the course on the universitys official website. Make a draft in favour of IGNOU payable at the city where your Regional Centre is situated. For BScN (PostBasic), PGDHHM, PGDGM, PGDMCH, DNA, CCENAM, CNIC, CMCHC), the registration fee is INR 100. The candidates of PGDCC will also pay a registration fee of INR 500. The Programme Fee will be collected from the candidates upon their selection.

What are the documents required for IGNOU admission?

The following documents are mandatory and must be produced at the time of application:Print out the filled online admission form with photograph affixed and duly signed.Demand Draft/Cash Challan for the programme Fee / Fee for the first year/semester and have written your name, programme code, and online Control No on the reverse. The Demand Draft should be in favour of IGNOU and payable at the city of the Regional Centre opted.Attested copies of certificates in support of youreducationalqualification(s). If you are applying for BCA and have studied Mathematics at the 10+2 level, attach the mark sheet as proof.Experiencecertificate, where required.Categorycertificate for SC/ST/PH/Minority candidates.Agecertificate wherever required

Are the Degree/Diploma Certificates provided by IGNOU recognized?

IGNOU Degrees/Diplomas/Certificates are recognized by all member universities of the Association of Indian Universities (AIU) and UGC. All the degrees and diplomas offered by IGNOU are UGC recognized and areat par with Degrees/Diplomas/ Certificates of all Indian Universities/ Institutions.

Is there any provision for scholarships or reimbursement of fees in IGNOU?

Candidates belonging to reserved categories, i.e, SC, ST, and Differently abled candidates, are eligible for fee reimbursement by the state government. Apart from this, IGNOU also promotes Scholarship schemes like the National Centre for Promotion of Employment of Disabled People (NCPEDP) for postgraduate-level programs. The scholarship can be obtained by applying at the NCPEDP website.

If I want to withdraw from the program after confirmation of my admission, will I get a fee refund from IGNOU?

The fee, once paid, is not refundable under anycircumstances. The admission fee paid by students will also not be adjusted in any other program. However, in case the university denies admission, the programme fee will be refunded after the deduction of the processing fee in the same mode in which the payment was made.

What is the time frame for getting confirmation of my admission in IGNOU?

The admission form submitted by all the applicantsneeds to be scrutinized, verified, and accepted by the Regional Centre concerned for confirmation of theadmission. It is the responsibility of the Regional Centre to communicate with the applicants as soon as the process is completed. If the candidate hasnot been approached by the Regional Centre, the applicant can visitthe Regional Centre and seek information.

Does IGNOU have a grievance redressal cell?

Yes, the IGNOU has a grievance redressal cell for the students, which is well recognised as the Student Service Centre (SSC). The SSC helps the students in providing the best solutions to the problems related to any issues. There are helpline numbers also provided on the official website of the IGNOU.

Does IGNOU have an Internal Quality Assurance Cell?

IGNOU has an Internal Quality Assurance Cell (IQAC), the objectives of which are to:Act as a coordinating unit for seeking recognition/ approval from all the apex bodies in the country.Undertake self-evaluative and reflexive exercises for continual improvement in all the systems and processes of the university.

Does IGNOU have accommodation facilities?

Being an open university, IGNOU does not provide any hostel facilities to the students. However, the students can opt for PGs nearby. The rent of these PGs ranges from INR 8,000 to INR 15,000 per month with food facility. The rooms can be given on a single or sharing basis in these PGs.

What are the documents required at the time of admission to IGNOU?

The following documents are required at the time of admission to IGNOU:Scanned Photograph (less than 100 KB in size)Scanned Signature (less than 100 KB in size)Scanned copy of Age ProofScanned copy of relevant Educational Qualification (less than 400 KB in size)Scanned Copy of Experience Certificate (if any) (less than 400 KB in size)Scanned Copy of Category Certificate, if SC/ST/OBC (less than 400 KB in size)Scanned Copy of BPL Certificate, if Below Poverty Line(less than 400 KB in size)

What are the popular courses inIGNOU?

The popular courses of IGNOU are B.Ed., M.B.A., M.Ed., B.Lib.I.Sc., M.A., M.Sc. & BBA. Admission to all these courses is provided on the basis walk -in- admission system. There are some courses, like MBA, for which the students have to give the entrance exam of the Open MAT.

Are semester exams at IGNOU hard to clear?

An in-depth description of each topic is provided in the university's syllabus. There are several details associated with each topic, which students may review and record for both their assignments andexams. It is not difficult to clear the IGNOU semester exams, even though it may seem challenging.

Is itpossible to pursue more than onecourse at IGNOU?

Yes, according to a new circular released by UGC, students can now pursue two full-time courses or two distance courses at IGNOU. This is applicable only if one chooses the same mode of study, such as regular, online, or distance, for both courses.

How are classes conducted for IGNOU distance courses?

For IGNOU online courses, classes are only scheduled using the online mode. Therefore,students who take up online courses are not required to travel elsewhere. They have the convenience of being able to attend their classes from their home. Classes areprovided during weekends for the convenience of learners who are pursuing IGNOU distance coursesalong with their jobs.

Do foreign institutes acceptMaster's degrees from IGNOU?

The degree from IGNOU University is easily accepted and recognised in other countries sinceIGNOU isa government-run institution with UGC recognition. Moreover, DEC and AICTE have both approved the degree courses ofthis university.

What is the minimum grade one needs to obtain in IGNOU assignments and exams to pass?

To pass a course, IGNOU students must receive at least a "D" on all of their assignments and term-end exams. Nonetheless, to complete a programme from IGNOU, the total average must be at least a "C." Candidates cannot neglect assignments because they have a 30% weightage in each IGNOU programme. A course is not complete without assignments. Each IGNOU student must also complete and turn in their assignments to the Study Center before the deadline. Any student who is unable to submit is not permitted to take the IGNOU University's term-end exam.

How to register on the IGNOU Student Portal?

By following the steps below, one can register on the IGNOU student portal and create your student account.Go to https://ignou.samarth.edu.in and click on New registration.Provide the Name, Program, and enrollment number, and submit.You will receive a One-time Password (OTP) at the email address you have on file. Please follow the instructions and input the OTP on the following screen. Please rememberthe password you chose.Oncesuccessfully registered, you may go back to https://ignou.samarth.edu.in and log in. Your username is your Enrollment Number.

When will I get confirmation of my IGNOU online admission?

The verification procedure of IGNOU online admissionis time-consuming. If a student checks the IGNOU website to see if they have been admitted, it may or may not display the information correctly. Then, it is advised to hold on for a few days. Within seven days of thesuccessful submission of the application, the institution notifies the applicant about whetherthey have been admitted or not.

How to receive the original degree from IGNOU after the completion of the course?

After the completion of the course, one can get the original certificate by filling out the IGNOU convocation registration form and paying the online fees for the degree. On the convocation day,the original certificate will be presented to the students who have successfully finished their course. However, if you are unable to attend the convocation despite paying the fee, IGNOU will send your degree/certificate to your registered address via Post.

Does IGNOU allow to change of course after being admitted?

IGNOU allows the change of electives or coursesfor undergraduate courses within 30 days of receiving the initial batch of course materials for a fee of INR200 for a 4-credit course or portion of a course, and INR 400 for an 8-credit course. For the Master's Degree Program, the cost is INR 400 for 2/4 credits and INR800 for the 6/8 credits program.

Does IGNOU offer any certificate courses?

IGNOU provides a variety of courses ranging from undergraduate, postgraduate, certificate, advanced certificate, and more. The duration of the certificate courses is as short as 6 months and goes up to 2 years. Some specializations offered are Agricultural Policy, Cyber Law, Adult Education, Patent Practice, Teaching of English as a Second Language, and more.

Does IGNOU take CUET scores for any course?

IGNOU does not give admission based on the CUET entrance exam. Admissions to most of the courses are based on a candidate's merit in the qualifying examination. Therefore, students who could not appear in CUET can take admission into the National Open University.

Can I get IGNOU scholarships for PG courses?

Indira Gandhi National Open University or IGNOU offers financial assistance to students from the economically weaker section, the physically challenged, Jail Inmates, and more. The financial assistance extends to SC, ST students, and transgender applicants too. MPhil and PhD students can apply for scholarships of up to INR 8,000 per month. Meanwhile other Scholarships include Merit Cum Means Scholarship For Professional and Technical Courses CS, Top Class Education for students with disabilities, and more.

Can students access the library facility at IGNOU?

Yes, students can access the library and its resources by visiting the nearest IGNOU study centres. Enrolled students must get a library subscription card to use the library facility and issue books for study purposes.

Do PwD students get scribe facilities for IGNOU annual exams?

IGNOU provides scribes to students with disability or PwD applicants at different study centres. The student must have at least 40% or more benchmark disability to get a scribe. Moreover, students will get extra time to complete their examination with a scribe. Learners with disability should submit a valid disability certificate, which the university will verify.

Is IGNOU examination fee waived off for PwD students?

Students belonging to Scheduled Caste, Scheduled Tribe, OBC, Minority, and PwD categories can avail of the reimbursement of fees. These reimbursements or fees are offered by State Governments, UGC, National Governments, and more.

Can international students get admission into IGNOU?

Yes, IGNOU degrees are recognized in numerous countries around the world. Therefore, it attracts 15 countries and 21 overseas centres for students to pursue distance education overseas. There are centres in the UAE, UK, Qatar, Kuwait, Afghanistan, Singapore, Maldives, China, Nepal, Sri Lanka, and many more countries.

What is the PhD selection process at IGNOU?

Like any other recognised Indian University, IGNOU also conducts a Ph.D. entrance test and a personal interview round for PhD aspirants. The selection will be made on the marks obtained in these exams. Moreover, NET-qualified students are exempted from the written test to pursue a doctorate.

Howto find IGNOU Admit card?

Enrolled students must have the IGNOU admit card to appear for the exams. Students can download the hall ticket or the admit card from the official website by following the steps:Visit the IGNOU official websiteNavigate to the student zone tabClick on the Results subtab from the dropdown menu.Choose the Hall Ticket for Term End ExaminationsStudents must enter the enrollment number and click on the desired course from the drop-down menu.As soon as students click on submit, the IGNOU Hall Ticket 2024will appear. Students must print it to appear for their exams.

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IGNOU MBA Banking And Finance: Fees 2025, Course Duration, Dates, Eligibility

Maidan Garhi, New DelhiOpen UniversityEstd 1985NAAC Grade A++

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Collegedunia Team

Content Curator | Updated 3+ months ago

IGNOU Latest Updates and News

04 Aug, 2025 IGNOU is inviting applications for MBA Banking And Finance Admission 2025. The last date to apply is August 15, 2025. Register Now!

Course Description

MBA Banking And Finance at IGNOU is a 2 Years Degree. The course is offered Distance as a Part Time program. IGNOU MBA Banking And Finance First Year Fees is INR 31,000 for 2025.

Candidates must have at least Graduation with 50% to be eligible for admissions. Check IGNOU Admission 2025

IGNOU MBA Banking And Finance Fees 2025

Fees (2025 - 2026)	Year 1 (in INR)		Year 2 (in INR)
Semester	1	2	3	4
Tuition Fees	15500	15500	17500	15500
Semester Wise Fees	15500	15500	17500	15500
Yearly Fees	31000		33000

* Fees is refundable

IGNOU MBA Banking And Finance Previous Fees

Fees	Year 1 (in INR)		Year 2 (in INR)
Semester	1	2	3	4
Tuition Fees	15500	15500	17500	15500
Semester Wise Fees	15500	15500	17500	15500
Yearly Fees	31000		33000

* Fees is refundable

IGNOU MBA Banking And Finance Admission 2025

The minimum eligibility for admission to MBA Banking And Finance at IGNOU is Graduation with 50%.

Also Check:

IGNOU News and Latest Updates 2025

IGNOU Courses and Fees 2025

Eligibility Criteria

Passed Bachelor Degree of Minimum 3 years duration with at least 50% marks (45% in case of candidates belonging to reserved category).

Master of Business Administration [MBA] (Banking and Finance)

first year fees: ₹31,000

4.02 Years Part Time

(Based on 574 views last year)

31 Students have shown interest in the last 30 days

Years (2025 - 2026)	year 1		year 2
Semester	1	2	3	4
Tuition fees	₹15500	₹15500	₹17500	₹15500
Semester Wise Fees	₹15500	₹15500	₹17500	₹15500
Yearly Fees	₹31,000		₹33,000

FEE STRUCTURE AS PER OFFICIAL WEBSITE

IGNOU: Students' Opinion

AI-Generated Summary based on 2 Reviews

Indira Gandhi National Open University (IGNOU) offers an MBA in Banking and Finance with a well-maintained faculty-to-student ratio and attentive college management focused on student education and development. The program is structured over two years, with exams conducted twice a year, divided into Semester 1 and Semester 2. The total cost for the MBA program is approximately INR 70,000, with an annual fee of INR 35,000.

Although there are no scholarships, some students might benefit from various schemes. Admission fees range from INR 500 to INR 3,000 based on the course selected, with examination fees being the only additional charges.

By Collegedunia’s Personal AI

Important Updates

IGNOU Upcoming Important Dates 2025

Expired Events

Events	Dates
Date for Submission of Application for July Session 2025 [MBA/PGDM]	May 15, 2025 - Jun 30, 2025
Last Date for Submission of Application for January 2025 Admission Cycle [MBA]	Mar 31, 2025

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View Previous Year Fees

Years	year 1		year 2
Semester	1	2	3	4
Tuition fees	₹15500	₹15500	₹17500	₹15500
Semester Wise Fees	₹15500	₹15500	₹17500	₹15500
Yearly Fees	₹31,000		₹33,000

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Why To Join IGNOU - Reviews & Rating

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4(25%)

3(8%)

2(24%)

1(4%)

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Anjali Ratuti

4.0Helpful

MBA, Banking And Finance

Reviewed on Feb 6, 2025(Enrolled 2019)

Ignou college

Dislikes

Campus size is not big and there is huge crowd in there courses

Fees and Financial Aid:

Per year fees is 35000 Overall fees is 70000 for 2 year mba course There is no scholarships available however there are various schemes for some students Admission fees vary from 500 to 3000 depending upon course the student want to pursue and there is no additional charge except examination fees

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College Ninja

3.0

MBA, Banking And Finance

Reviewed on Dec 25, 2024(Enrolled 2024)

STUDENT OF OPEN UNIVERSITY

Fees and Financial Aid:

I am pursuing my master's in banking and finance from IGNOU ( Indira Gandhi National Oprn University ) so right now the fees for MBAFM is around 30k annually & this is my first year. As this is my first year of masters so i don't know whether the fees will increase or not.

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IGNOU: 1 Answered Question

How good is MBA from IGNOU in banking and finance?

Avinash KalyanMA English Literature & English Literature, Indira Gandhi National Open University (2018)

The Indira Gandhi National Open University is a well-established distance learning institute that offers degrees to students in various fields. It is AICTE and NCTE approved. The MBA in Banking and Finance program has been established by the school of Management Studies at IGNOU after an MoU between the college and the Indian Institute of Banking and Finance.

The following points highlight a few important aspects of the program.

Fee Structure, and Eligibility:

The course duration ranges from 2.5 years to 8 years depending on the time the candidate has to complete the degree.
A total course fee of INR 37,800 is charged for the degree.
In order to be eligible for the program, the candidate must pass the CAIIB exam with the required qualifications.
The applicant must also be working in the banking and finance sector for a period of two years at least and a graduate from a recognized university.

Course Structure and Curriculum:

The course has a total of 21 courses of which include basic, specialization as well as integrative, and project courses.
In order to obtain the certificate of completion, all 21 courses must be completed by the student.
Subjects taught include strategic management, ethics, and corporate governance, research methodology, managerial economics, etc.
Evaluations are carried out in a continuous manner which constitutes 30% of the degree and the other 70% is determined by the term-end examination.

Job Prospects:

Since the course is a distance learning opportunity, with effective time management, students can study as well as look for courses on the job market.
This degree from IGNOU will help in gaining promotion as well as provide a job in the public and private sectors.
Jobs like factory supervision, operation management as well as managerial positions are available for students.
Other career options include roles in forecasting, purchasing, inventory management, production planning, etc.

Obtaining an MBA in Banking and Finance will open up a lot of new opportunities and definitely provide a career boost with the convenience of completing the degree at the desired pace.

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