Master of Business Administration (Banking and Finance) (MBF) is a postgraduate qualification offered to IIBF members by IGNOU due to an MoU. Providing in-service banking personnel with a postgraduate level degree has been deemed necessary to enhance their managerial skills, capabilities, and orientation.
Indian Institute of Banking and Finance (IIBF)
The Indian Institute of Banking and Finance (IIBF) is a professional organization that represents the interests of banks, financial institutions, and their employees in India. It was established in 1928 as a company under Section 25 of the Indian Companies Act, 1913.
IIBF has gained a reputation as being among the leading institutes in Banking and Finance education for people already working in the sector or seeking employment. In the Banking & Finance domain, the Institute awards various qualifications, including JAIIB, CAIIB, Diplomas, and Certificates, covering different and current disciplines. In India, only the IIBF offers all the capacity-building courses stipulated by the Reserve Bank of India. By participating in the Continuing Professional Development Programmes, industry professionals have been able to maintain their professionalism.
The Institute is governed by a Governing Council, which includes officials from central Indian banks, the Reserve Bank of India, the Indian Banks’ Association, the Institute of Banking Personnel Selection, and a scholar from the Indian Institute of Technology Bombay.
MBF Programme Features
The AICTE recognizes this Post Graduate Degree Programme. Leading management experts designed the program keeping in mind the latest industry standards and practices. These courses are relevant to the present-day needs, and they cover a wide range of subjects in business and management. This program is specifically designed for those in the financial and banking sectors. Key features of the program include:
- AICTE Recognized Programme
- Offered in collaboration with the IIBF
- Available across the country
- Curriculum and study materials and help books designed for today’s students
- Affordability
- A flexible approach to learning








