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 on - Nov 18, 2025

MBA Banking And Finance at IGNOU is a 2 years, Part Time Degree program offered Distance.

  • The total fees for the MBA Banking And Finance program at IGNOU is ₹ 66,700.
  • Students need to pay ₹ 32,700 in the first year.

Find detailed IGNOU MBA Banking And Finance fees, eligibility, admission dates, cutoff and ranking below.

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Application Date:Oct 15, 2025
Course HighlightsDetails
duration2 Years (Part Time)
course levelPG (Degree)
mode of studyDistance
total fees₹ 66,700
median package₹ 3.5 Lakhs
eligibilityGraduation with 50%
398 Views Last Year
18 Studentsshown interest in the last 30 days

IGNOU MBA Banking And Finance Fees

IGNOU MBA Banking And Finance fees 2025 is ₹ 66,700 for the entire course duration.
  • This includes a total tuition fee of ₹ 66,000, Other Fees of ₹ 700.
  • Candidates need to pay ₹ 32,700 in the first year.

Earlier, MBA Banking And Finance fees at IGNOU was ₹ 64,000 (in 2024) for the entire course duration. This shows a fee increase of ₹ 2,700 over the year.

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Quota:
Fee TypeTotal Amount (INR)
tuition fee₹66,000
total fee₹66,700
* Fees is refundable

Fee Structure As Per Official Website

Other Fee

Important Dates for MBA Banking And Finance at IGNOU


Expired Events

EventsDates
Submission of Applications Dates for Admission [Online MBA]
Oct 15, 2025

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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.

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 By Collegedunia’s Personal AI

IGNOU MBA Banking And Finance Admission Process

Eligibility Criteria

IGNOU MBA Banking And Finance Placement

Yearly Placement Package Comparison
Particulars202420232022
Median Package₹3.50 Lakhs₹3.36 Lakhs₹2.88 Lakhs

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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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Anjali Ratuti
4.0Helpful
Reviewed on Feb 6, 2025(Enrolled 2019)

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
Reviewed on Dec 25, 2024(Enrolled 2024)

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.
...Read More

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