IGNOU’s MBA in Financial Management is a two-year master’s degree program designed for students who want to specialise in corporate finance, investment planning, or any other financial services. In this course university covers various of subjects like financial markets, security analysis, risk management,etc. Students can access the study material online or even get its physical copy delivered to their homes.
IGNOU Admission to the January 2026 session is open till a deadline of 28 February 2026 for the MBA in Financial Management. Interested applicants can apply online through the official portal or visit any of the IGNOU regional centers for submitting their application forms offline. They will also need to pay an application fee of INR 300.
The eligibility requires the applicants to have a bachelor’s degree with at least 50% marks and 45% for all reserved categories. After enrollment, they will also need to pay INR 64,000 as their fees for the program. Completing the IGNOU Online MBA in Financial specialization graduates can earn up to INR 6 to 15 LPA by working as Corporate Finance Managers, Investment Banker, Financial Analyst, etc.
IGNOU MBA Financial Management Highlights Table
| Feature | Details |
| Program Name | Master of Business Administration – Financial Management (MBAFM) |
| Exam System | Semester-based |
| Total Credits | 112 |
| Core Subjects | Management Functions, Financial Management, Business Laws, Strategic Management, etc. |
| Specialization Courses | Working Capital Management, Security Analysis, International Financial Management, Equity Markets, etc. |
| Project Requirement | Mandatory project course (Equivalent to 2 courses) |
| Eligibility | Bachelor’s degree with minimum required marks |
| Mode of Study | Distance learning |
| Admission Process | Online application through IGNOU portal |
This article will help the graduates in providing all the essential details such as eligibility criteria, fee structure, benefits and future scopes after pursuing MBAFM from IGNOU.
IGNOU MBA in Financial Management Course Details
Masters of Business Administration in Financial Management (MBAFM) is an AICTE approved program at IGNOU. Basically the main motive of the IGNOU in offering this specialized program is to develop the skills in Financial management required in an organisation or for business and management.
The School of Management Studies (SOMS) offers this program in English language providing in-depth knowledge about the field of business and management covering subjects such as Management Functions and Organizational Processes, Human Resource Management, Information Systems for Managers, Management of Machines and Materials, Research Methodology for Management Decisions, International Business Management, Entrepreneurship, Total Quality Management etc.
IGNOU also provides an exit option to those applicants who do not wish to continue their degree in this particular field and if a candidate completes 56 credits of the first year then he/she will get the Post Graduate Diploma in Management (PGDIM).
IGNOU MBA Financial Management Admission 2026
Indira Gandhi National Open University has begun the admission for the MBA in Financial Management course under January 2026 academic year. The last date to apply for IGNOU MBA in Financial Management admission is 28 February 2026 into the January session. Students who are interested in getting admitted into this course can reach out to the official portal of the university @ignouadmission.samarth.edu.in.
For the filling of admission forms a candidate must have a Laptop or good internet connection. If any candidate doesn’t have the access to the laptop then in that case they can fill the forms through offline mode also by visiting the regional center of IGNOU and submitting the hardcopy of admission forms, required documents and the fee for the course.
IGNOU MBA Financial Management Re-registration
IGNOU Re-registration has started for MBA in Financial Management for the January 2026 session. IGNOU MBA Financial Management re-registration last date is 28 February 2026 with a late fee of INR 200. Students must log in to the official portal @onlinerr.ignou.ac.in to select their next semester courses and pay the applicable fee INR 16,000 for the 1st, 2nd or 4th semester and INR 18,000 for the 3rd semester.
IGNOU MBA Financial Management Eligibility Criteria
The eligibility criteria for the enrollment in IGNOU MBAFM program are as follows:-
- Applicants must have a graduation degree with 50% marks from a recognized university.
- If a candidate is from a reserved category (SC, ST, OBC) then he/she must have 45% marks in graduation.
Other MBA Specializations:
IGNOU MBA Financial Management Fees Structure
Candidates who are planning to pursue their MBAFM from IGNOU can go for it as the fee structure of this University is very affordable and Budget-friendly. The fee structure of MBAFM at IGNOU is as follows:-
- The complete course fees is INR 66,000 and students can pay fee in semester mode, for the 1st, 2nd and 4th semester fee is INR 16,000 and for the 3rd semester fee is INR 18,000.
- The university accepts payment through Credit card, Debit card, and Internet Banking.
IGNOU MBA Financial Management Admission Process 2026
Note: “DEB ID is mandatory for submission of application. Please create your DEB ID before starting the application process”.

IGNOU MBA Financial Management Syllabus
| Course Code | Course Name | Credits |
| First Year (Semester I) | ||
| MMPC-001 | Management Functions and Organizational Processes | 4 |
| MMPC-002 | Human Resource Management | 4 |
| MMPC-003 | Business Environment | 4 |
| MMPC-004 | Accounting for Managers | 4 |
| MMPC-005 | Quantitative Analysis for Managerial Applications | 4 |
| MMPC-006 | Marketing Management | 4 |
| MMPC-007 | Business Communication | 4 |
| Semester II | ||
| MMPC-008 | Information Systems for Managers | 4 |
| MMPC-009 | Management of Machines and Materials | 4 |
| MMPC-010 | Managerial Economics | 4 |
| MMPC-011 | Social Processes and Behavioral Issues | 4 |
| MMPC-012 | Strategic Management | 4 |
| MMPC-013 | Business Laws | 4 |
| MMPC-014 | Financial Management | 4 |
| Second Year (Semester III) | ||
| MMPC-015 | Research Methodology for Management Decisions | 4 |
| MMPC-016 | International Business Management | 4 |
| MMPF-001 | Working Capital Management | 4 |
| MMPF-002 | Capital Investment and Financing Decisions | 4 |
| MMPF-003 | Management Control Systems | 4 |
| MMPF-006 | Management of Financial Services Community | 4 |
| MMPP-001 | Project Report | 8 |
| Semester IV | ||
| MMPC-018 | Entrepreneurship | 4 |
| MMPC-019 | Total Quality Management | 4 |
| MMPC-020 | Business Ethics and CSR | 4 |
| MMPF-004 | Security Analysis and Portfolio Management | 4 |
| MMPF-005 | International Financial Management | 4 |
| MMPF-011 | Management of Insurance Services | 4 |
| Total Credits | 112 | |
Benefits of Pursuing IGNOU MBA Financial Management
There are many benefits of completing MBAFM from Indira Gandhi National Open University (IGNOU). In this section, we are going to give a brief description of the benefits of pursuing the MBAFM program from IGNOU.
- Candidates can complete their post graduation in an affordable manner while enhancing their skills by gaining practical experience in the field.
- After the completion of the degree, a candidate has many vast opportunities in private and government organizations.
- Candidates get a good quality of education under the supervision of skilled Teachers.
- Candidates get a degree from a well-recognized and reputed college in India.
Career Scope After Completing the IGNOU MBA in Financial Management
MBA in Financial Management opens doors to various opportunities for applicants in the government and private organizations, PSUs, MNCs, and financial institutions. Candidates can apply for the job roles such as budgeting, cost management, financial modeling, and capital structuring.
Also, this program helps the candidates to build the leadership qualities in corporate finance, investment analysis, financial consulting, and strategic financial planning. Graduates can enhance the decision-making and problem-solving skills for the right use of the resources and increasing profitability.
If any candidate wants to add more educational qualifications, then they can pursue PhD in financial management, certificate courses and Diploma courses offered by IGNOU and other UGC- Approved Universities.
Jobs After Completing IGNOU MBA Financial Management
| Job Role | Expected Salary (INR per year) |
| Financial Manager | INR 8 Lakh to INR 20 Lakh |
| Financial Analyst | INR 5 Lakh to INR 12 Lakh |
| Investment Banking Analyst | INR 10 Lakh to INR 25 Lakh |
| Actuary | INR 8 Lakh to 18 Lakh |
| Investor Relations Manager | INR 7 Lakh to INR 15 Lakh |
| Portfolio Manager | INR 10 Lakh to INR 30 Lakh |
| Financial Accountant | INR 6 Lakh to INR 12 Lakh |
| Financial Controller | INR 12 Lakh to INR 25 Lakh |
Frequently Asked Questions (FAQs) Related IGNOU MBA Financial Management
Question: What is the difference between MBA finance and MBA financial management?
Answer: The MBA in Finance provides a comprehensive business education that includes specialization in finance, including investment, market, and corporate finance. The MBA in Financial Management focuses on managing an organization’s financial resources, including budgeting, financial planning, and risk management.
Question: Is an MBA in financial management good?
Answer: Yes, an MBA in financial management is a good field as a candidate can receive a wide range of skills and knowledge in business and finance, which opens the door to future professional opportunities.
Question: What is the fee structure of IGNOU MBA Finance?
Answer: INR 66,000 is the fee structure of IGNOU MBA Financial Management course.
Question: Who is eligible for IGNOU MBA financial management?
Answer: Candidates who have a Bachelor’s degree with 50% of marks (45% for reserved category) are eligible for IGNOU MBA financial management.
Question: What is the salary after MBA finance?
Answer: The starting salary after completing MBA in Finance is Rs 2 lakh per annum to Rs 7 lakh per annum and the increase in salary will depend on your work experience , skills, and the company you choose.
Question: What is the salary of MBA finance in TCS?
Answer: The salary of MBA Finance in TCS ranging from INR 4.93 LPA to INR 10 LPA with potential to earn higher based on experience, skill, and location.
Programme Coordinator Details
- Name: Prof. Kamal Vagrecha Professor
- School: School of Management Studies (SOMS)
- Email ID: kamalvagrecha@ignou.ac.in
- Phone Number: 011-29573022