IGNOU MBA Admissions 2018-2019 Fee Structure Prospectus Last Date

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Indira Gandhi National Open University (IGNOU) was established in year 1985. It is the world’s largest university with 40 lakh students enrolled in it across 21 schools of studies and 67 regional centers, and with the help of 29 overseas partners. The university was established to provide an opportunity to the students from the disadvataged sections of the society. It quickly gained a lot of popularity and today degree from IGNOU is considered at par with full-time degree from any other university. Working professions typically face a big hurdle in completing their education while still working in their jobs. IGNOU offers an excellent opportunity allowing them to complete their education at their own pace.

IGNOU MBA Course Overview

MBA is offered by the school of management studies which was started in 1987. It offers 2 masters programs in management –

  • Master of Business Administration (MBA)
  • Master of Business Administration (Banking & Finance) (MPB)

The MBA course has 21 modules and students need not complete all of them. The final degree and specialization awarded to the student will depend on the number of IGNOU courses complete by her.

Get more details about IGNOU MBA Syllabus

Course Compulsory Subjects Electives
Diploma in management (DIM) MS-1, MS-2, MS-3 Only 2 out of MS-4, MS-5, MS-6, MS-7
Post Graduate Diploma in Management (PGIDM) 11 courses from MS-1 to MS-11
PGDSM 5 courses from one of the 5 specialization streams Only 1 course out of
Integrative Module MS-91, MS-95 MS-92, MS-93, MS-94, MS-96, MS-97

IGNOU allows you to complete the course at your conveniece.

The MBA course can be completed in anywhere between 2.5 to 8 years.

Study Material

The study material for the MBA program is offered in multimedia format. Students will receive printed courses material through post. They will also get access online audio/video material that they can access from anywhere. Students can also interact with faculty at the study centers and clarify their doubts.

IGNOU Distance MBA Eligibility Criteria

The eligibility criteria for the admission at IGNOU for distance MBA are as follows:

  1. Education – The candidate must be a graduate from any recognized university with a minimum of 50% aggregate score (45% for reserved category students), with 3 years of managerial or supervisory experience. The candidate must otherwise have a professional degree in Medicine/Engineering/Accountancy/Cost and Works/Law, with a 50% aggregate in the degree.
  2. Exam Score – The candidate must qualify for the OPENMAT exam that will be held that academic year by IGNOU.
  3. Age – The program entails no age restrictions.

Eligibility criteria for Master of Business Administration (Banking & Finance) (MPB)

To offer MBA education to banking professionals IGNOU has a specialized MBA program in collaboration with Indian Institute of Banking and Finance (IIBF)

  1. Candidate should be a member of Indian institute of bankers
  2. S/he should hold a graduate degree (no less than 3 years in duration) from a recognized university
  3. S/he should have passed CAIIB exam
  4. S/he should have at least 2 year’s of experience in banking and finance sector

MBA Courses Offered by IGNOU

  • MBA programs
    • Master of Business Administration
  • PG Diploma Courses
    • Post Graduate Diploma in Human Resource Management
    • Post Graduate Diploma in Financial Management
    • Post Graduate Diploma in Operations Management
    • Post Graduate Diploma in Marketing Management
    • Post Graduate Diploma in Financial Markets Practice
  • Diploma Courses
    • Diploma In Management

IGNOU MBA Admission Procedure

Step 1 – Verify the eligibility

Start by verifying that you are eligible for the program. Please refer the details under Eligibility section.

Step 2 – Obtain the prospectus

To begin with the IGNOU admission after verifying the candidate’s eligibility he must obtain the prospectus. The IGNOU prospectus may be obtained in person by paying Rs. 1000/- in cash at any of the regional centers or study centers of IGNOU Headquarters. The candidate may obtain it online by downloading from the IGNOU Official Website, and pay the amount of Rs. 1050/- by DD and attach along with the filled in form. Furthermore, the candidate may also request the application by post, by sending a DD in favor of IGNOU.

Step 3 – Apply for IGNOU OPENMAT

The candidate must fill in the form 1 which is the application for OPENMAT and send it to the IGNOU Headquarters (address given below), on or before the last date of submitting form 1.

Registrar Student Evaluation Division,
Block 12, IGNOU Maidan Garhi,
New Delhi – 110 068

Step 4 – Prepare and clear OPENMAT exam

The candidate must then write the OPENMAT exam, and pass it. The exam is conducted twice every year. The university decides the cut-off score every year and candidate must clear the cutoff to become eligible for the course.

Step 5 – Complete the application and pay the fee

Send the filled in form 2 of the application form along with the required documents to the IGNOU Headquarters for admission. The required documents include: Attested copies of documents proving educational qualification, Original OPENMAT Scorecard and Hall Ticket, Category and Experience Certificate (if applicable), filled up identity card (Identity card is available in the prospectus). The applicant will also need to send the program fee as a DD along with the Form-2.

Ignou Course Schedule

IGNOU MBA Schedule

Fee Structure for IGNOU MBA

The total program fee for the distance MBA course is Rs. 31, 500/- that can be distributed as Rs. 1500/- for each of the 21 courses the program entails.

The total fee structure for IGNOU MBA is Rs. 31,500/-

The Fee for international students from the SAARC Countries is Rs. 3000/- per course, and Rs. 63, 000/- for the entire MBA. Similarly for the international Non-SAARC students the fee per course is USD $250, and a total program fee of $7350.

The fee may be paid online or through demand draft in favour of IGNOU or also through Bank Challans at the designated India Bank and IDBI Bank Branches. Students need to mention their name, address and enrollement number at the back of the DD.

Besides the course fee, candidates are also required to Rs. 120 examiniation fee per course at the time of exams.

Fee once paid will not be refunded though university will pay it back only if the admission was denied.

Exam form submission dates

IGNOU Exam Form Submission Dates

Other Fees

During the course of the program, candidate is required to pay fees related to various activities –

Examination Form Fee

Students need to pay exam fees based on when the form for a particular exam cycle is submitted.

Exam Cycle Semester Form Submitted between Fees
January To June Cycle 1-31st March Nil
1-30th April Rs.500
1-31st May Rs.1000
July To December Cycle 1-30th Sep Nil
1-31st Oct Rs.500
1-30th Nov Rs.1000

Project Course Fees

As part of the MBA program, candidates can take up the project course MS-100 to get acquainted with the various practical application of the managerial concepts. The course is considered to be equivalent to two courses and students need to pay Rs. 3000 to get admitted into it.

 

Re-registration Fee

Fee of Rs.1500 is to be paid if Student fails to complete a course within 4 semesters. Students are also required to pay the re-registration fee in case they decide to change the course.

Scholarships

All students including the reserved category students are expected to pay the full tuition fee for the MBA course, but SC/ST students are eligible for scholarships from the central government. The students are advised to collect the forms from the Directorate of Social Welfare or Office of the Social Welfare Officer of the concerned State Government, and submit the filled in forms to the corresponding authority, to obtain the refund of the tuition fees.

Distance MBA Specializations Offered

IGNOU offers a wide range of specializations in its MBA courses, of which most are offered in collaborations with other universities. The university offers MBA specializations in:

  • Aviation Business
  • Banking and Finance
  • Biotechnology Management
  • Corporate governance
  • Hospitality and Healthcare management
  • Insurance
  • Information Technology (IT)
  • Retail
  • Textile
  • Services
  • Network Infrastructure
  • Marketing
  • HR
  • Finance
  • Production and Operations
  • Telecom Management
  • Approval

The courses on offer at IGNOU are AICTE approved, and the university is recognized as a central university by the UGC and has its courses approved by the Distance Education Council, India.

Ranking

Indira Gandhi National Open University is the largest Open University in the world, and is very well known for all its courses. Careers360 has ranked it as the best university for Distance Education throughout India in 2012. IGNOU has also ranked 17th among the traditional universities in India competing with the IITs, NITs, IIMs, etc. The university is ranked as the best institute in terms of reach and resources.

Important Dates

OPENMAT for the MBA Programs is held twice a year, and the student must complete and submit his applications in time to be eligible for admissions. Once the candidate clears the exams, s/he can take admission in any of the following 2 semesters.

Exams Month Admission Semesters
February 2018 July 2018 or January 2019
August 2018 January 2019 or July 2019

 

The following are the important dates in the timeline of admissions at IGNOU:

Last date for submission of Application forms:

  • OPENMAT XLII – 15-Jul-2017
  • OPENMAT XLIII – 15-Dec-2017

Entrance Exam Dates:

  • OPENMAT XLII – 20-August-2017 (10:00AM TO 1:00PM)
  • OPENMAT XLIII – 4-Feb-2018 (10:00AM TO 1:00PM)

Admission application dates:

  • OPENMAT XLII – Session January 2018 – 30-Nov-2017
  • OPENMAT XLII – Session July 2018 – 31-Jul-2018
  • OPENMAT XLIII – Session July 2018 – 31-May-2018
  • OPENMAT XLIII– Session January 2019 – 31-Nov-2018

Contact Details

For any enquiries regarding admissions, the applicant may contact:
The Registrar
Student Registration Division (SRD)
Maidan Garhi, New Delhi-110068, India
Phone No. :011- 29532741
Fax No: 011- 29532686
E-Mail: [email protected]

Placement

The university has a dedicated Campus Placement Cell, to support the students in placement after completion of their distance education courses. The Placement cell is distributed over 6 regional centers of IGNOU having large IGNOU alumni so as to reach out the IGNOU alumni more effectively. The CPC cell of the university organizes Job fests for placement in the college.

Study Centers

IGNOU has a vast number of regional centers and study centers throughout the country and abroad, and caters to an overly large number of students. The details about the study centers are very well documented in the prospectus of the university. Nevertheless, the details may be obtained at: http://www.ignou.ac.in/ignou/aboutignou/studycentre/centre

Frequently Asked Questions

  • Is IGNOU degree valid for MBA?
    • Yes IGNOU graduate degree is valid for MBA program from any AICTE/UGC recognized institute in India.
  • How to apply for mba in IGNOU?
    • You need to appear for the OpenMAT exam which is held twice a year. Once you clear the exam you need to pay the course fee and submit the admission form.
  • Where to get IGNOU mba prospectus?
    • You can get a pdf version of the form online on IGNOU website. You can also get it from the regional study centers. Please note that you need to pay Rs.1000 for the prospectus.
  • What is the eligibility for mba in IGNOU?
    • The candidates must have completed the graduation with 50% marks. They also need to clear Openmat exam. IGNOU also requires that candidate should have 3 years of relevant experience.
  • When is IGNOU openmat mba entrance examination?
    • The exam is conducted twice a year August and Feb. But the dates might vary from year to year.
  • What is the value of doing mba from IGNOU?
    • IGNOU is the largest open university in the world and it has earned quite a reputation in recent years. Many working executives working in banks and other government offices take up IGNOU courses to advance their career. Hence IGNOU courses have earned a wide acceptance in Indian corporate sector.
  • How much fees for mba in IGNOU?
    • IGNOU MBA costs Rs. 31,500. You might also need to pay additional fees for exams.

Last Updated: October 10, 2018

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14 Comments

  •   posted   on 27/9/18

    Can you please tell me the process for the IGNOU admission?

    •   posted   on 28/9/18

      The process for admission into IGNOU is simple. You just have to buy the application form/prospectus from any authorized study centre of IGNOU. You can also download it from the official website. In case of of online, just fill it and send it to the IGNOU headquarter along with the application fee. For offline admission, just fill the form at the study centre and submit there with the application fee. But if you are interested in the IGNOU MBA program, you have to clear the OPENMAT Entrance test as well.

  •   posted   on 29/9/18

    I want to pursue MSc, do i have to give openmat?

    •   posted   on 29/9/18

      No, OPENMAT is only for students who are interested in MBA program. You just to just fill the form and submit it online or offline. Also, you need to have at least 50% in your bachelor’s degree (45% for SC/ST candidates).

  •   posted   on 30/9/18

    Where are the classes for IGNOU held?

    •   posted   on 30/9/18

      Being a distance education institute, no physical classes are provided. Study material and the required subject information will be sent to you by post. You just have to appear for the exams.

  •   posted   on 1/10/18

    What is the fee for the IGNOU MBA and can I pay it in installment or EMI?

    •   posted   on 1/10/18

      The fee for the IGNOU MBA program is around Rs 31,500 for the total course. No, there is no option of EMI or installment. Full fee needs to be paid at the time of admission.

  •   posted   on 1/10/18

    Is there a mininimum marks requirement for admisison into PG courses?

    •   posted   on 1/10/18

      Yes, for admission into the PG programs you need to have at least 50% in your bachelors degree (45% for reserved categories). Also, for MBA program you need to clear IGNOU’s OPENMAT Entrance Test.

  •   posted   on 1/10/18

    I am 30 years old with 5 years of experience will i get direct admission into the MBA course?

    •   posted   on 1/10/18

      There is no minimum and maximum age limit for admission into the MBA program, so you can apply. Though, you will be required to clear the OPENMAT Entrance test.

  •   posted   on 2/10/18

    I belong to the ST category, is there any scholarship i can get?

    •   posted   on 2/10/18

      Yes, you can get scholarship. IGNOU offers scholarship to SC, ST and OBC students. To be eligible the candidate needs to provide his/her caste certificate and the family income of the candidate should be below 3 lakhs per annum. Also, the institute offers scholarship to research students, irrespective of the caste.

  •   posted   on 2/10/18

    When can i give the openmat exam? Like when are the applications out?

    •   posted   on 2/10/18

      OPNMAT is conducted twice every year. The registration of OPENMAT XLIV closes around 2nd week of august and for OPENMAT XLV it is last week of December.

  •   posted   on 2/10/18

    I have scored 55% in my class 12th from CBSE, can i enroll into the b.com program. Do i have to give any entrace?

    •   posted   on 2/10/18

      No, you don’t have to appear for any entrance, you can directly take admission into the course.

  •   posted   on 3/10/18

    I want to get into the teacher line and thus want to pursue B.ed can you help me with the details?

    •   posted   on 3/10/18

      IGNOU offers a 2 year B.ed course. Below mentioned is the eligibility criteria for the course- at least fifty percent marks either in the Bachelor’s Degree and/or in the Master’s Degree in Sciences/Social Sciences/Commerce/Humanity. Bachelor’s in Engineering or Technology with specialization in Science and Mathematics with 55% marks or any other qualification equivalent thereto, and The following categories are eligible to be students of B.Ed. (ODL): Trained in-service teachers in elementary education. Candidates who have completed a NCTE recognized teacher education programme through face-to-face mode. A relaxation of 5% is provided to the reserved categories i.e SC/ST /OBC (Non-creamy)/PWD.

  •   posted   on 3/10/18

    I have completed my BCA with 62.7 % score from Regular college. How can i join the IGNOU MCA program?

    •   posted   on 3/10/18

      Yes, you can pursue MCA as you a bachelors in the similar discipline. Though, as per the official website, you need to have mathematics as a mandatory subject in your class 12th. If not, you have to clear a separate paper while pursuing the MCA course.

  •   posted   on 3/10/18

    Can i get placed after pursuing IGNOU MBA? Do they offers jobs?

    •   posted   on 3/10/18

      IGNOU has a dedicated placement cell i.e Campus Placement Cell. It organizes Job Fairs, as well as posts job opportunities on its official website.

  •   posted   on 4/10/18

    I want to pursue MBA in HR from IGNOU. What can i do?

    •   posted   on 4/10/18

      IGNOU offers 2 MBA program, one general and the other is specialization in Banking & Finance. The general MBA program has a unit/subject on Human Resource (MS-2), but it is restricted to certain content only. If you want to pursue Human Resource (HR) specifically, you can go ahead with Postgraduate Diploma in Human Resource (PGDHR). It is a 1 year course and admission is provided post clearing OPENMAT.

  •   posted   on 4/10/18

    Can I pursue MBA from this institute. I just turned 36?

    •   posted   on 4/10/18

      Yes, you can pursue Distance MBA from IGNOU. There is no minimum or maximum age requirement for this course.

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