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Sunday, May 26, 2024

IGNOU MBA in Finance Program 2024: Check Benefits and Insights

For the past 3 decades, IGNOU has been imparting higher education to over 3 million students through open and distance learning. Students and working professionals have greatly benefited from IGNOU courses.

IGNOU is popular for its MBA programs. The university offers an MBA program in 5 specializations that is Financial Management, Human Resources Management, Marketing Management, Operations Management, and Banking & Finance.

IGNOU offers equal access to high-quality distance education through a network of 69 regional centers and 2063 learner support centers. As per NIRF 2023 ranking, IGNOU is ranked 151 out of 312 in India.

Since its inception in 1985, IGNOU has come a long way in providing education to students from diverse socio-economic and geographical settings. Today, 48.6% of students enrolled in IGNOU are from rural areas, 2.4% are from tribal areas, and around 47.5% of the students are female. More than 150 courses offered at 21 overseas study centers are widely taken up by students from 13 countries.

IGNOU MBA Financial Management Insight

The business and finance industry needs skilled professionals who know how to work in the fluctuating financial markets. An MBA in Financial Management will help to get a thorough understanding of financial market complexities.

An MBA in financial management is the most sought-after program at IGNOU because of its huge demand and wide range of applications.

IGNOU’s MBA is accepted by most Indian and international corporations as the University is recognized by UGC, AICTE, and the Distance Education Bureau. Some key features of IGNOU MBA in Financial Management are:

IGNOU takes inputs from industry experts and regularly revamps the structure of its MBA program in financial management to meet the changing requirements in the industry.

The course gives an in-depth understanding of the Principles of Finance & strategies.
The wide approach of this course imparts the essential knowledge and skills required to excel in the Financial Industry.

Who can apply?

MBA in Financial Management admission at IGNOU is on the norms specified by the AICTE. Applicants must have a 3-year Bachelor’s degree in any specialization with a minimum aggregate marks of 50% (45% for reserved categories). There is no prerequisite to pass the entrance exam for admission to IGNOU MBA.

IGNOU MBA Financial Management Benefits

To get a better understanding of the subject and to develop practical skills, you need the right tools and resources. IGNOU keeps this point on focus and designs courses with a blend of theoretical knowledge and applicable skills. The technology-enabled MBA courses of IGNOU provide open learning to students.

IGNOU curated its MBA program to prepare the students to meet the challenges of the Finance industry. An MBA in Financial Management improves critical thinking and Management aptitude.

In-depth knowledge of the principles of financial management helps to make calculated decisions and drive the organization to success. When you become an expert in these industry-specific skills, your career graph just keeps growing. Some of the main advantages of the IGNOU MBA in Financial Management are,

Affordability: Affordability is one of the main advantages of IGNOU MBA. The MBA Finance program by IGNOU is offered in 4 semesters with each semester offering 7 courses. With a mere INR 15,500 per semester (1st, 2nd, and 4th) and INR. 17,500 for 3rd semester, one can get an MBA degree in 2 to 4 years from IGNOU.

Flexibility: IGNOU is a popular choice for working professionals aspiring for managerial roles because of its flexibility. IGNOU encourages the students to actively participate in learning by offering courses in the pedagogical method.

The modules are provided in self-instructional study materials for the students to study at their own pace.

Multi-Media Materials: IGNOU puts the technology to best use and makes the materials and knowledge accessible to students via electronic media. The University offers course materials in multimedia format through audio-video aids.

30-minute video lectures are made available on eGyankosh, Gyan Darshan, and Swayamprabha channels. Students can participate in the interactive sessions with lecturers on the Gyan Vani program on AIR and discuss the topics. Students can also access learning resources through the Web Enabled Academic Support system.

Exit Points: IGNOU offers exit points for the students to discontinue the course after the completion of 1st year. This option is very useful to working professionals who find it difficult to continue with their studies because of work constraints.

IGNOU lets the students exit the program after completion of 1st year subjects. For the part of the course that was completed, IGNOU offers a PG diploma certificate.

Finance is the backbone of every industry. When you learn the principles of financial management to the core, your chances of getting a well-paid job in the financial sector are guaranteed.





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