MBA from IGNOU: Fees, Admissions, Eligibility, Specializations, Career Scope

IGNOU is India's top Open University for UG and PG programmes. It's academic as well as professional programmes are very popular among students and working professionals. IGNOU courses are flexible and economical. In this article, we have shared all about MBA from IGNOU,

Indira Gandhi National Open University or IGNOU is India’s most popular open learning school for academic and professional courses. Having a Pan-India reach, IGNOU offers UG as well as PG courses in correspondence/distance learning mode. One of the top most IGNOU programme is MBA. The institute offers distance MBA programme in various specializations. IGNOU MBA is an ideal course for experienced professionals as well as students from remote areas who aspire for a career in management.

Recognised by the AICTE, IGNOU MBA programmes are designed keeping in view the latest industry requirements and practices. Whether you are a fresh graduate or a working professional, MBA from IGNOU will help you in honing your administrative and managerial skills. Read below all about MBA programmes offered by IGNOU.

MBA Courses Offered by IGNOU

IGNOU offers Distance MBA and PGD programmes in almost all the popular MBA specializations. Candidates can choose a specialization as per their interest and career goals. There is not much difference in fee amount. Check below the list of MBA courses offered by IGNOU.

• MBA General
• MBA Banking and Finance
• MBA Operations Management
• MBA Marketing Management
• MBA Human Resource Management
• MBA Financial Management
• PGD in International Business Operations
• PGD in Services Management
• PGD in Operations Management
• PGD in Financial Management
• PGD in Human Resources Management

MBA from IGNOU: Eligibility Criteria and Fees

The minimum eligibility criteria for MBA from IGNOU are mentioned below. There is no entrance exam.

• Candidates must have passed Bachelor’s degree of minimum 3-years duration with at least 50% marks
• Reserved category students must have a minimum of 45% in graduation.
• There is no upper age limit to register for the IGNOU programme
• There is no requirement of entrance exam score for MBA admission

MBA from IGNOU: Fees

• Fees of MBA/PGD course is around INR 15,000 to 16,000 per semester
• Candidates have to pay registration fee & development fee as applicable

Scope of MBA from IGNOU

Distance MBA degree from an Open University like IGNOU may not give a quick push to your career but it is definitely helpful in exploring roles in the hierarchy. Distance MBA is best suited for working professionals who are looking to make a career move or seeking mid and senior level roles within their own organisation. MBA from IGNOU will equip them with the required skill set and technical knowledge to handle larger role in the organization.

Success after completing IGNOU from MBA also depends on the candidate. While some are able to make the best use of their degree through hard work, others don’t. One should remember that a degree is only a stepping stone, but what takes them forward is their skill, hard work and consistency.

Pros of pursuing MBA from IGNOU

Given below are the pros and cons of pursuing an IGNOU MBA programme:

• Flexibility: Flexibility is the main plus point of IGNOU MBA. Whether it is a working professional or a fresh graduate who cannot pursue regular mode education, it is suited for both. By pursuing MBA from IGNOU candidates can study at their own pace and can earn as well as learn at the same time.
• Cost-Effective: The course fee of a distance MBA course from IGNOU is quite low and affordable for most candidates. Since IGNOU is a Government institution, cost of the course is nominal.
• Comprehensive Study Material: IGNOU MBA offers one of the best study material to candidates prepared by professors from top institutions such as IIMs and IITs. Therefore, with IGNOU MBA, candidates get to learn a lot within a limited period of time.   

Cons of pursuing MBA from IGNOU

Less Exposure: One of the major drawbacks of pursuing a distance MBA from IGNOU is that the course does not provide much exposure to candidates. Unlike full-time MBA students, a distance programme does not offer class room interaction, summer internships, industry visits or other such opportunities of building network. 

Less Recognition from Recruiters: Recruiters prefer a regular MBA candidate over a Distance MBA one. Also, the salary is not quite encouraging for distance MBA students as compared to regular MBA candidates, if they are fresh graduates.

Limited Interaction with Faculty: There is no personal interaction with teachers which affects the learning of IGNOU MBA candidates. It is very difficult to study comprehensive books without any mentors. Therefore, it is very important for candidates pursuing MBA from IGNOU to follow a disciplined routine along with sincerity towards studies.  

Job Opportunities after IGNOU MBA

In a nutshell, Ddistance MBA programme from IGNOU is most suitable for working professionals who wish to sharpen business and managerial skills without taking a career break. Flexibility in studies, assignments submission and exams help them sail through work smoothly while learning the latest skills to move ahead in the rapidly changing job market. After completing a Distance MBA course from IGNOU candidates look for managerial roles sectors such as Finance, Marketing, Human Resources, Accounting, Risk Management, and so on. Jobs for distance MBA pass-outs range from the typical finance and marketing executive roles to corporate managers, finance analysts, HR managers, sales managers, etc.

Read More:

• Career Prospects After Distance MBA
• Best Distance MBA Colleges in India
• Top institutes offering Distance MBA in Finance
• Top institutes offering Distance MBA in Human Resource Management
• How to choose a good Distance MBA college