IGNOU M.Sc In Applied Science
(Online & Distance M.Sc In Applied Science from IGNOU)
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IGNOU Online M.Sc in Applied Finance is a 2-year program for those individuals who wish to pursue a career in Chartered Financial Analyst (CFA) or have a knack for business-related models and applications and methods of identifying and solving issues in finances. This course is offered to help individuals establish a stable career in this field and to move past the designation hurdle.
- DURATION: 2 years (24 months)
- Fees Per Year (Range From): ₹ 7,800/- to ₹ 36,200/-
- Total Fees (Range From): ₹ 15,600/- to ₹ 72,400/-
- Last date of admission: 15th July, 2025
This information is provided for audience reference only. Please visit the official IGNOU website https://ignou.ac.in/ for the most accurate and updated details.
Admission Open for the July, 2025 session for the notified programmes offered in ODL and Online modes on the Samarth Portal.
@OfficialIGNOU https://ignouadmission.samarth.edu.in (ODL) https://ignouiop.samarth.edu.in (Online mode) The last date to apply is July 15th, 2025. Read more about the same here.
The admissions for IGNOU’s online and distance M.Sc programs for the July 2025 registration session has started and The last date to apply for the online and ODL M.Sc programme is 15th July 2025.
IGNOU ranked Number #1 in the “Open University” category in the 2024 NIRF India Ranking.
IGNOU has accredited with an A++ grade by the National Assessment and Accreditation Council (NAAC).
IGNOU M.Sc In Applied Science Course Overview
Pursuing an Online M.Sc. in Applied Science from IGNOU through distance or online mode offers several benefits over traditional campus-based programs. The flexible nature of online education enables learners to study at their own pace, making it especially suitable for working professionals and individuals managing personal or family responsibilities. Additionally, it helps reduce both time and financial investment, ensuring greater access to quality higher education.
Here are some highlights of IGNOU M.Sc In Applied Science
– The M.Sc. in Applied Science can be completed in two years, with a maximum duration of four years, giving students ample flexibility to manage their learning alongside other commitments.
– The curriculum is organized into four semesters, each lasting six months, and emphasizes both theoretical foundations and practical applications in the field of applied science.
– To be eligible for admission, applicants must possess a Bachelor’s degree in a relevant science discipline, such as Physics, Chemistry, Biology, Environmental Science, or related fields, depending on the chosen focus area.
– A minimum of 50% marks in the undergraduate degree is recommended, though specific eligibility criteria may vary based on the specialization.
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IGNOU M.Sc In Applied Science Duration & Eligibility
Eligibility (Graduation with Computer Science Degree): For pursuing Online M.Sc in Applied Finance from IGNOU students should fit the eligibility criteria which requires them to have a graduation degree in a relevant discipline with more than 50%. The university the student graduated from should be UGC/DEB approved. Students should have done their 10+2 with relevant subjects with more than 50%. The 10+2 should also be done from a recognized board.
Duration (2 to 5 years): Online M.Sc in Applied Finance is a 2-year program that is divided into 4 semesters. All these semesters adhere to different topics and subjects ranging from business economics to Economics for Valuation. These semesters are specially designed to equip students with the information and tool required to excel in this field.
Get detailed insights on eligibility criteria, admission requirements, and qualifications needed. 
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Ranking & Approvals
UCG Entitled
Recognized by the University Grants Commission
AICTE Approved
Approved by the All India Council for Technical Education
WES Accredited
World Education System
NAAC A++ Accredited
Accredited by the National Assessment and Accreditation Council
MHRD Approved
Ministry of Human Resource Development
AIU Approved
Recognized by the Association of Indian Universities
Other Popular IGNOU Online M.Sc Specializations
Expertise in advanced analytical techniques, instrumental analysis, and chemical data interpretation for research and industrial applications.
Master in statistical modeling, data analysis, and predictive analytics for decision-making across various industries.
In-depth knowledge of biomolecular processes, enzymology, and biochemical techniques for applications in healthcare, pharmaceuticals, and research.
Deep understanding of organic, inorganic, physical, and analytical chemistry with applications in research, industry, and academia.
Expertise in environmental management, sustainability practices, pollution control, and climate change mitigation strategies.
Expertise in food safety regulations, quality assurance, and risk assessment to ensure compliance with global food standards.
Master in spatial analysis, physical and human geography, and environmental planning for sustainable development.
Advanced skills in GIS, remote sensing, and spatial data analysis for applications in urban planning, disaster management, and environmental monitoring.
Focus on occupational safety, risk assessment, and hazard prevention in industrial and workplace environments.
Expertise in cybersecurity, ethical hacking, digital forensics, and risk management to safeguard digital assets and systems.
Deep understanding of theoretical and experimental physics, quantum mechanics, and applied physics for research and technology development.
Experties in sustainable energy solutions, solar and wind energy technologies, and energy policy for a greener future.
Emphasis on environmental conservation, biodiversity management, and ecosystem sustainability for ecological balance.
Expertise in animal biology, genetics, wildlife conservation, and ecological research for biodiversity preservation.
Mastery of machine learning, big data analytics, and artificial intelligence for data-driven decision-making in various industries.
Sample Degree of IGNOU M.Sc Program
Job Roles After Online M.Sc In Applied Science
ENTRY LEVEL
– Financial Analyst – Trainee
– Investment Banking Associate – Entry Level
– Junior Equity Research Analyst
– Credit Risk Analyst – Fresh Graduate
– Treasury Operations Assistant
– Junior Portfolio Analyst
– Financial Data Associate
– Compliance Analyst – Finance
– Assistant Budget Analyst
– Finance Operations Coordinator
MID LEVEL
– Senior Financial Analyst
– Risk Manager – Finance
– Investment Advisor
– Corporate Finance Associate
– Fund Manager – Mutual Funds
– Business Finance Manager
– Quantitative Finance Analyst
– Financial Planning & Analysis (FP&A) Specialist
– Treasury Manager
– Equity Research Manager
ADVANCED LEVEL
– Vice President – Corporate Finance
– Director – Financial Strategy
– Chief Investment Officer (CIO)
– Head of Risk and Compliance
– Portfolio Manager – Hedge Funds
– Head of Treasury and Capital Markets
– Managing Director – Finance Division
– Chief Financial Analyst
– Senior Quant Strategist
– Financial Controller – Global Operations
IGNOU M.Sc In Applied Science Curriculum (Syllabus/Subjects)
IGNOU Online M.Sc in Applied Finance includes several subjects like Ethical and Professional Standards, Financial Reporting and Analysis – 1, Quantitative Methods – Concepts and Applications, Business Economics, Corporate Finance – 1, Equity Analysis and Evaluation – 1, Portfolio Management – 1, Fixed Income Securities and Analysis – 1, Derivatives and its Applications, Financial Reporting and Analysis – 2, Portfolio Management – 2, Corporate Finance -2, Quantitative Methods for Valuation, Fixed Income Securities and Analysis – 2, and much more.
Get detailed insights on the syllabus, course structure, and key subjects covered. Click here for IGNOU M.Sc Syllabus!
IGNOU M.Sc In Applied Science Curriculum
24 months | 4 semesters | 15-20 hours/week | 80 credits
|
Title of the Course |
Course Credits |
|
Real Analysis, Calculus and Geometry |
02 |
|
Probability and Probability Distributions |
04 |
|
Survey Sampling and Design of Experiments-I |
04 |
|
Statistical Quality Control and Time Series Analysis |
04 |
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Introduction to R Software |
02 |
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Statistical Computing using R-I |
04 |
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Title of the Course |
Course Credits |
|
Statistical Inference |
04 |
|
Applied Regression Analysis |
04 |
|
Multivariate Analysis |
04 |
|
Epidemiology and Clinical Trials |
02 |
|
Statistical Computing using R-II |
06 |
|
Title of the Course |
Course Credits |
|
Survey Sampling and Design of Experiments-II |
04 |
|
Classical and Bayesian Inference |
04 |
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Linear Algebra and Multivariate Calculus |
04 |
|
Research Methodology |
04 |
|
Statistical Computing using R-III |
04 |
|
Title of the Course |
Course Credits |
|
Data Analysis with Python |
02 |
|
Data Analysis with Python Lab |
02 |
|
Categorical and Survival Analysis |
02 |
|
Introduction to Machine Learning |
04 |
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Statistical Computing using R-IV |
02 |
|
Operations Research* |
04 |
|
Stochastic Processes* |
04 |
|
Project/Dissertation* |
08 |
* Candidate may opt either two theory courses “Operations Research” (4 credits) and “Stochastic Processes” (4 credits) together or a Project/Dissertation.
Learning Method (IGNOU M.Sc In AApplied Science LMS)
E-books & Study Material
View and download study materials, attend virtual classes, and watch pre-recorded lectures.
Live Interactive Sessions
Participate in M.Sc course online discussion forums, interact with peers, and get support from faculty.
Project & Assignment
Upload assignments of M.SC programs and track submission deadlines easily.
Learning Managment
The LMS is accessible anytime, anywhere, ensuring flexibility for working professionals and remote learners.
Top Studies Center
These centers offer hands-on sessions, guidance and counseling, workshops, access to library resources, examinations, and additional support.
Worldwide Reach
Currently, the University operates in 88 countries through various agreements and projects, with 25 Overseas Study Centres (OSCs) located across 15 different countries.
IGNOU M.Sc In Applied Science Fees Structure & scholarships
Course Fees depend on the university. IGNOU being a people’s university is very affordable compared to other universities. Online M.Sc in Applied Finance fee structure can range anywhere from 1 LPA to 3 LPA. Online M.Sc is a 2-year course divided into 4 semesters, students are supposed to pay after every year. For information regarding fee structure and mode of payment, students can go through the official website of IGNOU.
Get detailed insights on tuition fees, payment options, and other charges. 👉 Click here for IGNOU M.Sc Fees Structure!
| Full Course Fee | Range from ₹ 15,600/- to ₹ 72,400/ (full programme fees) |
| Per Year Fees | Range form ₹ 7,800/- to ₹ 36,200/- (Yearly) |
| Per Semester Fees | Range form ₹ 7,800/- to ₹ 36,200/- (Per-Semester) |
| Registration Fee | 300/- Rupees |
| Examination Fee | 200- Per Subject |
Top 5 Online M.SC Universities Fees Comparision
| University | M.Sc Course Fee | Approvals and Accreditations |
| Lovely Professional University (Online MSc In Mathematics) | 20,000/- Semester | NIRF | NAAC A++ |
| Manipal University (Online MSc In Data Science) | 70,000/- Semester | UGC | NAAC A+ |
| Chandigarh University (Online MSc In Data Science) | 27,500/- Semester | UGC | NAAC A+ | NIRF 27 |
| Vivekananda Global University (Online MSc In Mathematics) | 16,000/- Semester | NAAC A+ | UGC |
| BITS Pilani WILP | 66,750/- Semester | UGC |
IGNOU M.SC In Applied Science Admission Process (How to Apply?)
Online M.Sc in Applied Finance is a 2-year program that is divided into 4 semesters. All these semesters adhere to different topics and subjects ranging from business economics to Economics for Valuation. These semesters are specially designed to equip students with the information and tool required to excel in this field.
Get detailed insights on the admission procedure, application process, and important guidelines. Click here for IGNOU M.Sc Admission Procedure!
July Admission Session 2025 Started
The last date to apply IGNOU M.SC In Applied Science program is 15th July, 2025. To apply for the IGNOU M.SC In Applied Science course for the July 2025 session, Follow these below steps:
Visit the official website of IGNOU admission portal: ignouadmission.samarth.edu.in. Fill in your basic, education & work experience-related details and pay the application fee to register.
Pay the admission fee for the first semester/year or full program.
Upload supporting documents & submit your application.
The university will evaluate your documents to confirm your admission.
Why Choose IGNOU M.Sc In Applied Science Course?
IGNOU, India’s oldest open learning institution, is well-known around the world for offering undergraduate, postgraduate, diploma, and certificate programs to students via online and remote learning. MSc or Master of Science is one of the university’s distance education programs. If you are interested in pursuing a career in science and research and wish to enroll in a higher degree course to gain expertise in the discipline, the IGNOU MSc programme is best for you.
Online Study Resources – For student’s aid, IGNOU provides them with Online study material. This study material is provided on the official portal and includes, books, sample papers, old papers, references, recorded lectures, e-libraries, and so on.
Assignments – Assignments are essential for any discipline in IGNOU. Students pursuing will have to complete multiple assignments in each semester for different subjects. These assignments are important as they make 30% of the final evaluation. Students are advised to take the assignments seriously as they highly affect the final evaluation.
Assessment – IGNOU Online M.Sc examinations are divided into 2 sections; Assignments and Examinations. Assignments are responsible for 30% of marks whereas examinations are responsible for 70% weightage. To clear their semester’s students must secure 40% in their written exam and submit their assignments on time.
Semesters Examination – Students pursuing IGNOU Online M.Sc in Applied Finance will have to appear twice a year for 2 years for examinations. Examinations are conducted after every semester to evaluate students’ performance. These examinations are responsible for 70% of the final evaluation.
Placement/Career Opportunities – Individuals opting for this course will be well equipped after completing their Online M.Sc in Applied Finance to become a Financial Professional. Students can work as Relationship Manager, Consultant, Financial Advisor, Research Analyst, Corporate Financial Analysts, etc. all the jobs in this field are high paying and has a good scope in this evolving world.
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| HYDERABAD | 0100: IGNOU REGIONAL CENTRE HYDERABAD LSC Code 0100 |
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| CHANDIGARH | 0600: IGNOU REGIONAL CENTRE CHANDIGARH LSC Code 0600 |
| DELHI 1 (MOHAN ESTATE (SOUTH DELHI)) | 0700: IGNOU REGIONAL CENTRE DELHI1 LSC CODE 0700 |
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| BHAGALPUR | 8200: Regional Centre Bhagalpur LSC Code 8200 |
| VATAKARA | 8300: IGNOU REGIONAL CENTRE VATAKARA LSC Code 8300 |
| VISHAKHAPATNAM | 8400: IGNOU REGIONAL CENTRE VISAKHAPATNAM LSC Code 8400 |
| BIJAPUR | 8500: Regional Centre Bijapur LSC Code 8500 |
| SAHARSA | 8600: IGNOU REGIONAL CENTRE SAHARSA LSC CODE 8600 |
| DEOGHAR | 8700: IGNOU REGIONAL CENTRE DEOGHAR LSC Code 8700 |
| JODHPUR | 8800: IGNOU REGIONAL CENTRE JODHPUR LSC Code 8800 |
| AHMEDABAD | 0900: IGNOU REGIONAL CENTRE AHMEDABAD LSC Code 0900 |
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Frequently Asked Question About IGNOU M.SC In Applied Science
The IGNOU Online M.Sc. in Applied Finance is a specialized postgraduate program that blends theoretical concepts of finance with real-world applications. The program is designed to develop advanced skills in areas like financial analysis, investment management, corporate finance, risk assessment, fintech applications, and financial modeling. With a strong industry-oriented curriculum, the program aims to prepare students for evolving roles in the finance sector including banking, investment advisory, financial consulting, insurance, and capital markets. The online format provides the flexibility to study from anywhere, making it ideal for working professionals or graduates looking to build expertise in applied financial practices.
To be eligible for admission, candidates must hold a Bachelor’s degree in Commerce, Business Administration, Finance, Economics, Accounting, or a related field. Graduates from other disciplines such as Mathematics, Engineering, or Computer Applications may also apply if they have studied Mathematics or Economics at the 10+2 or undergraduate level. A minimum of 50% marks in the qualifying degree is generally recommended, with a 5% relaxation for candidates from reserved categories.
Yes. IGNOU is a Central University established by an Act of Parliament and is recognized by the University Grants Commission (UGC). Its online degrees, including the M.Sc. in Applied Finance, are approved by the Distance Education Bureau (DEB). The qualification is valid for employment in the private and public sectors across India and is recognized internationally for higher education and job opportunities.
The curriculum covers a blend of financial theory and applied tools essential for modern finance professionals. Core subjects include Financial Markets and Institutions, Investment Analysis and Portfolio Management, Corporate Finance, Risk Management and Derivatives, Financial Statement Analysis, Applied Econometrics, International Finance, Financial Modeling using Excel and R, Behavioral Finance, and FinTech and Digital Financial Services. The program typically concludes with a research project or capstone that applies classroom learning to practical financial problems.
Applicants should visit the official IGNOU portal at www.ignou.ac.in or https://iop.ignouonline.ac.in. The process includes registering with a valid email ID and phone number, filling out the online application form, uploading necessary documents (photo, ID proof, mark sheets, etc.), paying the application fee online, and submitting the completed form. Upon successful submission, a confirmation receipt will be generated.
No. Admission to the program is purely merit-based and depends on the candidate’s academic qualifications. No entrance examination is required for enrollment.
The program has a minimum duration of 2 years and can be completed within a maximum of 4 years, offering learners ample flexibility to balance their studies with professional or personal commitments.
The total fee for the program is approximately INR 15,600 to INR 72,400, payable in semester-wise installments. The exact fee may vary slightly depending on course updates and should be confirmed from the official IGNOU website.
Graduates of this program are well-positioned for a wide range of roles such as Financial Analyst, Risk Analyst, Investment Banking Associate, Portfolio Manager, Corporate Finance Executive, Treasury Analyst, Financial Consultant, Equity Research Analyst, and FinTech Strategist. With further experience, opportunities include senior leadership roles like Chief Financial Analyst, Financial Risk Manager, or Director of Corporate Finance in reputed institutions.
Yes, the program is particularly suitable for working professionals looking to upskill or specialize in applied areas of finance. The online, self-paced learning model makes it feasible to study alongside a full-time job or other commitments.
Students receive free access to digital course materials via IGNOU’s eGyanKosh platform. Those who prefer printed books can opt for them during admission by paying a nominal additional fee.
Yes. IGNOU supports the online submission of assignments through its student portal, making it convenient for remote and distance learners to stay on track with academic deadlines.
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