Master of Business Administration (MBA) is one of the highly preferred courses after graduation programs. IGNOU provides various management programs to its students. Candidates desire to choose MBA because the course offers the best paying jobs after completion of the course. However, students need to pay a huge amount of money in the form of an application and admission fee to IGNOU.
IGNOU is one of the best online and distance central universities in India. It’s the largest educational hub for distance education in the country and amongst the largest in the world. Its courses are widely popular amongst all sections of society. Since its inception in 1985, the varsity is promoting all the courses and MBA is one of them that pays a good salary after completing the course.
Ignou MBA Course
Master of Business Administration is a two year PG level program that can be completed in a total of 5 years. The maximum course duration of an MBA is 5 years. There is no age bar for completing the program. You need to attend all the classes as you have paid for the same and it will be very beneficial in marking reports and assignments for the best results.
The admission can be done either offline or online using the admission services of Indira Gandhi National Open University. The complete details regarding course structure, fee, eligibility, and admission guidelines are mentioned on the university’s web page or the same you can fetch from the prospectus of the course.
Here, in this blog, you will know the admission fee and eligibility criteria for IGNOU MBA.
Approvals and Accreditation
The university or its MBA programs are widely acclaimed for providing best in class services in the management domain. The varsity has got the approvals from various accessing organizations. Some of them are mentioned below:
- AICTE Approved
- Recognized by University Grants Commission
- NAAC A++ Grade Accreditation
- Its examinations are approved by NTA (National Testing Agency)
Note: IGNOU is one of the premier institutions that is also recognized by the education department of the Govt of India. Also, the varsity has received many awards and medals in providing good quality education to the students.
Fee Structure for MBA Programs and Other PG Diplomas in Management
For an MBA (master of business administration) or its specializations, the course fee is 37,800. The minimum duration of the course is two years and the maximum is 5 years. For other courses fee, the list is provided below:
Post Graduate Diploma in Financial Management (PGDFM)
Fee: 10500 INR
Min Duration: 1 year
Max duration: 3 years
Post Graduate Diploma in Marketing Management (PGDMM)
Fee: 15000 INR
Min Duration: 1 year
Max duration: 3 years
Post Graduate Diploma in Human Resource Management (PGDHRM)
Fee: 15000 INR
Min Duration: 1 year
Max duration: 3 years
Post Graduate Diploma in Financial Market Practice (PGDFMP)
Fee: 9000 INR
Min Duration: 1 year
Max duration: 3 years
Post Graduate Diploma in Operations Management (PGDOM)
Fee: 13500 INR
Min Duration: 1 year
Max duration: 3 years
Also Read: IGNOU MBA Fee Structure
MBA Specializations in Indira Gandhi National Open University
There are many MBA specializations that are offered in IGNOU. The list of its specializations is mentioned below:
- MBA in Operations Management
- MBA in Market Practice
- MBA in Marketing Management
- MBA in Human Resource Management
- MBA in Finance Management
Entrance Examination for IGNOU MBA
Just like other universities, IGNOU also takes admission tests for MBA aspiring candidates. If you have passed the bachelor’s degree examination from a reputed and UGC approved institution, then you have to fill out the entrance test form and appear for OPENMAT. This examination is conducted by the National Testing Agency. You can check the test syllabus, form fee and other guidelines using the prospectus for the Master of Business Administration. The question paper of NTA is objective type and you will be allowed three hours for the answers. A total of 200 questions are asked in the entrance examination of IGNOU for MBA programs.
The OPENMAT examinations are held twice a year as per the admission cycles. Fresh graduates are eligible to apply in their respective specializations. For more details, candidates can check the website of IGNOU that is ignou.ac.in.
Note: No candidate is allowed for the further rounds of admission if he/she has not qualified for the OPENMAT entrance test.
IGNOU MBA Course Fee
For Indian Students
Candidates need to read a total of 28 subjects and the per subject fee is 1800. They need to pay a fee for 21 subjects/courses.
Total fee: 37,800 INR
For Non-SAARC Students
Fee per course: $250
Total Subjects/Courses: 28
Total MBA Course Fee: $7350
Fee for International Students of SAARC Countries
Per Course Fee: 3000 INR
Total Courses/subjects: 28
Full Fee for MBA: 63000 INR
Last Word:
The Indira Gandhi National Open University (IGNOU) offers an MBA (Master of Business Administration) program through distance learning. The program is designed to provide students with a comprehensive understanding of business management principles and practices. It covers topics such as financial management, marketing management, human resource management, and operations management. The program typically takes 2 years to complete and can be pursued while working. The program is offered through the School of Management Studies (SOMS) of IGNOU.
