IGNOU Diploma in BPO Finance & Accounting Admission: IGNOU offers a 1-year diploma course in Banking and Finance Operational and Financial Analysis for students interested in banking and financial sectors. This course provides practical knowledge of banking sectors, financial analysis, and risk management. The Program fee is approximately INR 10,000 plus Rs 300 registration fee. Students who have completed 10+2 from any recognized board can apply. The last date to apply is 15 February 2025, through IGNOU’s official admission portal.
The DBPOFA program is divided into two semesters, with a total of 32 credits. The first semester covers the basics of finance and accounting, including accounts payable, accounts receivable, and financial reporting. The second semester focuses on improving IT and communication skills, which are important for working in the BPO (Business Process Outsourcing) sector.
IGNOU DBPOFA Admission Overview
- About the Course: The Diploma in Business Process Outsourcing – Finance and Accounting (DBPOFA) program at IGNOU is designed to provide students with crucial finance and accounting skills for careers in the BPO sector. The course covers financial operations, along with essential communication and IT skills required in the industry.
- Program Duration: The program is flexible, with a duration ranging from 1 year to 3 years, making it suitable for both full-time students and working professionals who want to further their careers while managing other commitments.
- Eligibility: To be eligible for this program, candidates must have completed 12th grade with at least 50% marks, including English, or hold a bachelor’s degree.
- Application Process: Students can apply online through the official IGNOU admission portal. The process involves filling out the registration form, uploading necessary documents such as photographs, signatures, and educational certificates, and paying the required fees.
- Curriculum: The program is structured into two semesters, which include finance, accounting, communication, and IT skills. The curriculum combines both theory and practical learning to ensure comprehensive skill development.
- Learning Flexibility: This program follows a distance learning model, offering students the flexibility to study at their own pace. This is perfect for individuals balancing education with work or other responsibilities.
- Fees Per Semester: The total program fee is Rs 10,000, to be paid in two installments of Rs 5,000 each. Additionally, a one-time registration fee of Rs 300 is required.
- Career Opportunities: After completing this program, students can pursue careers in BPO companies and finance departments. Common job roles include accounts payable, accounts receivable, and financial reporting positions.
- Scheme of Study: The program spans two semesters, with a blend of theoretical knowledge and practical assignments. There is no major project required, but the practical assignments help reinforce learning.
- Project: While there is no major project in this program, students will be tasked with practical assignments to apply their knowledge and enhance their practical skills.
- Multiple Exit Points: Students can exit the program after completing the first semester with a certificate If for any reason students do not wish to proceed with the full diploma, they can exit the program with a certificate after completing the first semester. This provides flexibility for people with different career goals and time constraints.
IGNOU DBPOFA Latest Update
IGNOU DBPOFA Admission Update: Indira Gandhi National Open University Admission has started now and the last date for admission is 15 February 2025, Source
IGNOU DBPOFA Practical: IGNOU practical exams will start soon. The university has released the datesheet on December 12, 2024, and the DBPOFA practical starting date is January 22, 2025. Students pursuing this course can visit the website. Source
Practical Dates
Sr | Program | Course Code | Date | Time |
1 | DBPOFA / CCITSK | BPOI007P | 15 February 2025 2025 | 10:00 AM – 01:00 PM |
2 | DBPOFA / CCITSK | BPOI006P | 15 February 2025 2025 | 02:00 PM – 05:00 PM |
IGNOU DBPOFA Admission 2025 Highlights Points
Feature | Details |
---|---|
Course Name | Diploma in Business Process Outsourcing – Finance and Accounting |
Course Code | DBPOFA |
Department | School of Vocational Education and Training |
Duration | Minimum 1 year, Maximum 3 years |
Medium | English |
Course Fees | Rs. 10,000 (total) |
Age Requirements | No age limit |
Eligibility | 12th pass (50% marks) with English or Bachelor’s degree |
Admission Sessions | January and July |
Program Structure | Semester-based |
Why Choose IGNOU Diploma in BPO Finance & Accounting?
- The DBPOFA program at IGNOU equips students with industry-relevant skills that are in high demand by BPO companies in the finance and accounting sectors. This ensures that graduates are well-prepared to enter the job market and excel in their roles.
- The program offers flexible learning options, allowing students to study at their own pace. Whether you’re working or studying from home, this flexibility makes it easier to balance your education with other commitments.
- The program is also affordable, with fees that are lower compared to many traditional college courses. This makes it a budget-friendly option for students looking to further their education without significant financial strain.
- IGNOU diplomas are globally recognized, meaning your qualifications will be accepted in India and abroad, providing you with greater career opportunities.
- With the increasing demand for professionals in the BPO and finance sectors, completing this program enhances your job opportunities, opening doors to a range of roles in finance and accounting.
IGNOU DBPOFA Admission Eligibility Criteria
- To be eligible for the DBPOFA program, candidates must meet the following educational qualifications:
- 10+2 (Higher Secondary) with 50% marks and English as a subject, or
- A Bachelor’s degree (in any stream) with English at the 10+2 level.
- Boards Accepted: CBSE, ICSE, State Boards, NIOS.
- No Age Limit: There is no age restriction, so anyone who meets the educational criteria can apply.
- Work Experience: Work experience is not mandatory, but it can be an advantage in gaining practical insights into the field.
- Category 1 Applicants: Direct admission for 12th-pass students or graduates who meet the eligibility criteria.
- Category 2 Applicants: This program does not have any category restrictions.
IGNOU DBPOFA Entrance Exam
- The DBPOFA program at IGNOU does not require an entrance exam for admission.
- Admission is based on the marks obtained in your 12th or graduation exams.
- You can apply directly through the IGNOU website or at regional centers for the application process.
IGNOU DBPOFA Admission Selection Criteria
- Admission to the DBPOFA program is merit-based, meaning students are selected based on their 12th or graduation exam marks.
- The program follows a first-come-first-served system, so it is recommended to apply early, as there are limited seats available.
- After submitting your application, your documents will be verified, and your admission will be confirmed once the original documents are checked.
- There is no interview process if you meet the eligibility criteria for the program.
IGNOU DBPOFA Admission Fee Structure
- Total Program Fee: INR 10,000 for the entire diploma.
- Per Semester Fee: INR 5,000.
- Registration Fee: INR 300 (one-time payment).
- Exam Fee: Included in the semester fee.
- Study Material: Provided for free by IGNOU.
- Fee Support for SC/ST Students: Available according to government rules.
- Payment Options: You can pay the fees online using credit/debit cards or net banking.
Documents Required
- 10th and 12th mark sheets
- Graduation degree (if applicable)
- Passport size photograph
- Signature
- ID proof (Aadhaar card/PAN card)
- Category certificate (SC/ST/OBC) if applicable
IGNOU DBPOFA Admission Application Process
Step 1: Visit IGNOU Website: Go to www.ignou.ac.in.
Step 2: Find Admission Section: Look for the “Admissions” or “New Admissions” section on the homepage.
Step 3: Choose Program: Select “DBPOFA” from the list of available courses.
Step 4: Fill Application Form: Enter your personal and educational details carefully in the application form.
Step 5: Upload Documents: Scan and upload the required documents, including certificates and photographs.
Step 6: Pay Fees: Complete the payment process online using your preferred payment method.
Step 7: Submit Application: Review all the entered details and click on submit to complete the application process.
Step 8: Save Confirmation: After submission, save the confirmation page for future reference.
IGNOU Diploma in BPO Finance & Accounting Examination Pattern
The DBPOFA program follows a semester-based examination system. Each semester has term-end exams that test the student’s understanding of the course material. The exams are usually held in June and December. Questions are a mix of multiple-choice, short-answer, and long-answer types. This helps in assessing both factual knowledge and practical application skills.
Students need to score a minimum of 35% in each subject to pass. The exam time is typically 3 hours per paper. Along with theory exams, there are practical assignments that contribute to the final grade.
IGNOU DBPOFA System
- Continuous Assessment: Through assignments (30% weightage)
- Term-End Exams: Written exams at the end of each semester (70% weightage)
- Practical Components: Evaluated through hands-on assignments
- Minimum Pass Marks: 35% in each component (assignments and exams)
- Result Declaration: Usually within 45 days of exam completion
IGNOU DBPOFA Admission Program Syllabus
Students can check the syllabus of their course and also check its credits on this page of this website.
Semester | Course Code | Course Title | Credits |
---|---|---|---|
I | BPOI 101 | Introduction to Finance and Accounting BPO | 2 |
I | BPOI 102 | Fundamentals of Accounting | 4 |
I | BPOI 103 | Procure to Pay (P2P, Accounts Payable) | 4 |
I | BPOI 104 | Order to Cash (O2C, Accounts Receivable) | 3 |
I | BPOI 105 | Record to Report (R2R) | 3 |
II | BPOI 006 | English Communication/Communication Skills | 8 |
II | BPOI 007 | IT Skills | 8 |
IGNOU DBPOFA Study Material
Students can access the study material through the official website of IGNOU, ignou.ac.in. To download IGNOU study material, students need to create an account at egyankosh.ac.in/registration. IGNOU printed material/IGNOU book is sent to the learner’s registered address via speed post.
IGNOU DBPOFA Assignment Submission
- Assignments are a crucial part of the DBPOFA program
- They help students apply theoretical knowledge to practical scenarios
- Each course has assignments that contribute to the final grade
- Students must submit assignments before the deadline to be eligible for exams
- Assignments are typically available on the IGNOU website
- Submit completed assignments to your assigned study center
- Timely submission and quality work in assignments can boost overall performance
IGNOU DBPOFA Form Submission
IGNOU exam submission form for DBPOFA has started to appear in the June term-end examination. Students need to visit the official portal of the university @exam.ignou.ac.in to submit the form. Students need to pay the exam form fee which is Rs 200 for each subject.
Career Opportunities after IGNOU Diploma in BPO Finance & Accounting Program
After completing the course you can choose these fields
- BPO Financial Analyst: Analyze financial data for BPO clients, use accounting software and Excel for reporting.
- Accounts Payable Specialist: Manage vendor payments, reconcile accounts, and ensure accurate financial records.
- Accounts Receivable Coordinator: Handle billing and collections, monitor customer accounts, and maintain cash flow.
- Financial Process Improvement Analyst: Optimize financial processes, implement new systems, and enhance efficiency in BPO operations.
- Finance and Accounting Team Lead: Supervise a team of finance professionals, ensure quality work, and liaise with clients.
IGNOU DBPOFA Placement Information
- Financial Analyst: Average salary Rs. 4-6 lakhs per annum
- Accounts Specialist: Typical starting salary Rs. 3-5 lakhs per annum
- BPO Team Leader: Can earn Rs. 5-8 lakhs per year with experience
- Process Improvement Consultant: Salaries range from Rs. 6-10 lakhs annually
- Finance Operations Manager: Senior roles can fetch Rs. 10-15 lakhs per year
Conclusion
The IGNOU Diploma in Business Process Outsourcing – Finance and Accounting (DBPOFA) is an excellent choice for those looking to enter the BPO industry, especially in finance roles. It offers affordable, flexible learning with industry-relevant skills. The program’s structure allows students to balance work and study. With no age limit and minimal eligibility criteria, it’s accessible to many. The course covers crucial areas like accounting, finance processes, and essential soft skills. Graduates can expect good job prospects in the growing BPO sector. Remember, the last date to apply is 15 February 2025, so don’t miss this opportunity to boost your career in finance and accounting BPO.
FAQs
Q1: Is IGNOU DBPOFA recognized by employers?
Ans: Yes, IGNOU degrees are recognized nationwide. Many BPO companies value this diploma for its industry-focused curriculum.
Q2: Can I take the IGNOU DBPOFA admission course while working?
Ans: Absolutely. The distance learning format is designed to accommodate working professionals.
Q3: Are there any offline classes for DBPOFA?
Ans: While it’s primarily a distance learning program, some study centers may offer optional contact sessions.
Q4: How do I get study materials for DBPOFA?
Ans: IGNOU provides study materials, which are usually sent to your registered address or available for download online.
Q5: Is there placement assistance for IGNOU DBPOFA admission?
Ans: IGNOU doesn’t guarantee placements, but the skills gained are in demand in the BPO industry, enhancing employability.
Q6: Can I pursue further studies after DBPOFA?
Ans: Yes, you can pursue advanced courses in finance or BPO management after completing this diploma.
Q7: What is a diploma in BPO finance and accounting?
Ans: A diploma in BPO finance and accounting course provides a good opportunity for students to develop their professional skills so that they can become eligible for employment in the growing BPO industry.