MBA in Banking & Finance from IGNOU: Admission 2026, Fees, Eligibility, Syllabus, Last Date & How to Apply

MBA in Banking & Finance from Indira Gandhi National Open University (IGNOU) is a flexible and affordable 2-year postgraduate degree—extendable up to 4 years. Conducted fully through Open & Distance Learning (ODL) mode, it’s designed for professionals working in the banking and financial services industry. With a UGC-recognized degree, strong industry relevance, and flexible timelines, IGNOU MBA in Banking & Finance is a popular choice among mid-career professionals aiming for leadership roles across banking, investment, insurance, and financial consulting.

IGNOU MBA in Banking & Finance 2026: Key Highlights

IGNOU MBA in Banking & Finance Eligibility Criteria 2026

To be eligible for admission to the IGNOU MBA in Banking & Finance program, candidates must fulfill the following criteria:

• Educational Qualification: Bachelor’s degree with at least 50% marks (45% for reserved categories).

• Additional Requirement: CAIIB certification from Indian Institute of Banking & Finance (IIBF).

• Work Experience: Required in the banking/financial sector.

• Age Limit: No age bar.

• Entrance Exam: Not applicable (direct admission based on eligibility).

IGNOU MBA in Banking & Finance Admission 2026

Admission to MBA in Banking & Finance at IGNOU is direct and merit-based. There is no entrance exam. Applications are accepted twice a year (January & July sessions). Candidates apply via the Samarth Portal, upload required documents (degree, CAIIB certificate, experience proof, ID, photo), and pay the registration fee online.

How To Apply for IGNOU MBA in Banking & Finance Online

Step 1: Review Programme Details
Check eligibility, fee, and duration on the IGNOU admission portal.

Step 2: Register on the IGNOU Admission Portal
Create username & password → Login to portal.

Step 3: Upload Required Documents

• Passport photo (JPG, 100 KB)

• Signature (JPG, 100 KB)

• Degree/Marksheet (PDF/JPG, 200 KB)

• CAIIB Certificate (PDF, 200 KB)

• Work Experience Proof (PDF, 200 KB)

• Category Certificate (if applicable, 200 KB)

Step 4: Fill Application Form
Enter personal, academic, and professional details → Upload documents → Submit.

Step 5: Pay the Application Fee
Registration fee ₹300 (non-refundable). Pay via card/net banking/UPI.

Fees for IGNOU MBA in Banking & Finance in 2026

IGNOU MBA in Banking & Finance Syllabus

The programme covers a mix of core MBA subjects and banking & finance-focused courses.

Highlights:

• Core management foundation: Accounting, Economics, HR, Marketing, Strategy.

• Banking & finance electives: Risk Management, International Banking, Financial Markets, Treasury Management, and Investment Analysis.

• Dissertation/Project in final semester.

• Designed in collaboration with Indian Institute of Banking & Finance (IIBF).

IGNOU MBA in Banking & Finance Career Opportunities

After completing this program, you can work in:

• Banks (PSU, Private, Foreign)

• NBFCs & Microfinance Institutions

• Insurance & Mutual Fund Companies

• Investment Banking & Wealth Management

• Risk & Compliance divisions

Highlights:

• Popular recruiters: SBI, HDFC Bank, Axis Bank, ICICI, LIC, SEBI, RBI, PwC, EY.

• Average Salary: ₹6–10 LPA.

• Senior bankers and finance professionals can reach ₹15–20 LPA+ with experience.

FAQs about MBA in Banking & Finance from IGNOU

Q1. What is the duration of IGNOU MBA in Banking & Finance?
Minimum 2 years and maximum 4 years.

Q2. Is there any entrance exam for MBA Banking & Finance at IGNOU?
No. Admission is merit-based (Bachelor’s degree + CAIIB + work experience).

Q3. What is the total fee for IGNOU MBA in Banking & Finance?
₹66,000 (₹16,000 for I, II & IV semester, ₹18,000 for III semester).

Q4. What is the medium of instruction?
English only.

Q5. Who is eligible for this MBA?
Graduates with minimum 50% marks (45% for SC/ST) + CAIIB certification + work experience.

Q6. What career options are available after MBA Banking & Finance?
Risk Manager, Investment Banker, Financial Analyst, Relationship Manager, Bank Officer, Treasury Manager, Compliance Officer.