Open University Mba-Admissions 2024, Fee Structure, Eligibility, Placements

The first Open University in India was Andhra Pradesh Open University (APOU) which is now called as B R Ambedkar Open University (Dr. BRAOU). Since then many open universities have come up. IGNOU is one of most popular open universities in the world.  Besides these, most states in India have their own open universities.

Open universities were set up with a mandate to provide affordable education to socially disadvantaged groups. Over the time, these universities have improved their quality of education. Now open universities are considered by even those already working in jobs. They take up education at these universities to improve their skills without leaving their jobs. The employers too started recognizing these degrees and treat them at par with those in full time mode.

One of the popular degrees offered by open universities are MBA and diploma in management programs. Here is a list of a few Open Universities that offer UGC/AICTE recognized MBA programs in India.

IGNOU MBA

The Indira Gandhi National Open University (IGNOU) established in the year 1985 has become one of the top institutions in providing the best distance and open education to its students. It excels in providing the best education to 3 million students across 21 schools of study and regional network of 67 centres. The University has made a significant mark in the higher education and professional community. It is committed to provide quality teachings, research, trainings, and extension activities. Over the years IGNOU has lived up to the country’s reputation has provided quality education to all the sections of the society. MBA here is of 2 years and the specializations include Finance, Marketing, Human Resource, and Operations Management.

The Approvals and accreditations of the IGNOU are as follows:

• Association of Indian Universities (AIU)
• University Grants Commission (UGC)
• Distance Education Council (DEC)
• Distant Education Bureau (DEB)
• All India Council for Technical Education (AICTE)
• National Council for Teacher Education (NCTE)

Application Procedure and Admission Process

The application procedure and the admission process for the IGNOU are as follows:

Step 1: Go to the official website of the IGNOU. See: http://www.ignou.ac.in/

Step 2: Click on Register Online and scroll down and click on Fresh Admission. This will take you to the following portal: https://ignouadmission.samarth.edu.in/

Step 3: Click on New Registration. Register yourself by giving out all the details asked in the form like the name, phone number, email id, etc.

Step 4: After submitting that, soon the username will be sent to the candidate’s registered phone number. Login through the username and password.

Step 5: Fill out the online application form and upload all the required documents and such include the following:

• Scanned Photograph
• Scanned Signature
• Scanned copy of Age Proof
• Scanned copy of relevant Educational Qualification
• Scanned Copy of Experience Certificate (if any)
• Scanned Copy of Category Certificate, (if any) (SC/ST/OBC)
• Scanned Copy of BPL Certificate, (if Below Poverty Line)

Step 6: Pay the registration fee of Rs. 300 through Net Banking/Credit card/ Debit Card.

Step 7: The college will review the application sent by the candidate and give a date for the interview round. Admissions are made either directly or through sponsored method.

Step 8: Candidates need to sit for an interview round before the University where they are questioned upon the following:

• Appearance
• Ability to communicate.
• Attitude
• Mental Alertness
• General Awareness
• Each of these carries a maximum of 10 marks.

Step 9: If the candidates score at least 25 out of 50 which is the minimum criteria for selection they will be selected. After payment of the required fees the candidates are given admission to IGNOU.

The Last date to apply at the IGNOU is 10^th February 2023

Fee Structure

For IGNOU MBA Candidates need to pay an amount of Rs. 15,500 per semester

Reason for Payment	Amount to be paid
Registration/Application fee	Rs. 300
Course fee	Rs. 15,500 per semester
Examination fee	Rs. 200 each paper
University Development fees (one-time payment)	Rs. 200

Eligibility Criteria

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

• The Candidate must have a bachelor’s degree of minimum 3 years from a recognized University in any discipline or an equivalent degree that is recognized by the Association of Indian Universities (AIU).
• Candidate must have at least 50% marks (45% marks for reserved class) in their graduation degree

Additional requirement for Banking and Finance

• The candidate should have passed the CAIIB examinations of the Indian Institute of Banking & Finance, Mumbai, and been awarded the Institute’s requisite qualification/credentials.
• The candidate should have worked in the banking or financial services sector for at least two years.

Specializations

IGNOU provides a few specializations for the candidates of Distance MBA and such are as follows:

• Master of Business Management
• Finance Management,
• Marketing Management,
• Banking and Finance Management
• Human Resource Management, and
• Operations Management

Rankings

The rankings of IGNOU are as follows:

• IGNOU was ranked 17th out of the top 100 universities in the subcontinent by the Economic Times.
• The Ministry of Education has ranked Indira Gandhi National Open University (IGNOU) in the 1^st position in the Atal Ranking of Institutions for Innovation Achievements in 2021.
• IGNOU’s world ranking is 4329, its continental ranking is 1479, its country rank is 247, and its NIRF rank is 71.

YCMOU MBA

Yashwantrao Chavan Maharashtra Open University was established on 1st July, 1989 and has become one of the best university for distance and open learning in India. Innovative, Through the technical, vocational, professional and liberal education programmes, and the application of modern communication, YCMOU aims at providing flexible and Open system of education. YCMOU’s School of Commerce and Management is one of the most prestigious management schools in India’s Open Education System. MBA here is a 2 years programme with a maximum duration of 5 years. The medium of instruction is English only. It provides a few specializations in MBA which include Finance, Marketing, HRM, and Manufacture.

Admission and Application Procedure

The application procedure and the admission process for the YCMOU are as follows:

Step 1: Go to the official website of the YCMOU. See: https://ycmou.ac.in/home

Step 2: Click on Admissions button and this will redirect you to the following page: https://www.ycmou.ac.in/admissions

Step 3: Go to new Admission see: https://ycmouoa.digitaluniversity.ac/ and click on the register button.

Step 4: Fill out all the information asked in this page https://ycmouoa.digitaluniversity.ac/Register and submit it by clicking on Accept.

Step 5: The candidate will receive the username and password in their phone through message or through email. Enter those details and change password as and what the candidate pleases.

Step 6: Login through that username and password. Here again the candidate needs to fill out all the personal details asked in the application form.

Step 7: Upload all the required documents. The documents include:

• Scanned Photograph
• Scanned Signature
• Scanned copy of Age Proof
• Scanned copy of relevant Educational Qualification
• Scanned Copy of Experience Certificate (if any)
• Scanned Copy of Category Certificate, (if any) (SC/ST/OBC)
• Scanned Copy of BPL Certificate, (if Below Poverty Line)

Step 8: After reviewing all the details candidates will be given admission to the YCMOU for Distance MBA.

Eligibility Criteria

The eligibility criteria for taking admission for MBA at YCMOU are as follows:

• The Candidate must have a bachelor’s degree of minimum 3 years from a recognized University in any discipline or an equivalent degree that is recognized by the Association of Indian Universities (AIU) or University Grants Commission (UGC).
• Candidate must have at least 50% marks (45% marks for reserved class) in aggregate in their graduation degree.

Fee Structure

Candidates need to pay Rs. 32,700 for 2 years for pursuing distance MBA from YCMOU.

Reason for Payment	Amount to be paid
Registration/Application fee	Rs. 100 each year
Course fee for the first year	Rs. 15,100
Course fee for the second year	Rs. 17,600
Re-examination fee	Rs 150
Fee for marksheet and postage	Rs. 100
Entrance exam fee	Rs. 500

Specializations

YCMOU provides a few specializations for the candidates of Distance MBA and such are as follows:

• Finance Management,
• Marketing Management
• Human Resource Management, and
• Manufacturing Management

Rankings and Awards

The Rankings of YCMOU are as follows:

• YCMOU is India’s fifth open university, and is recognised by the UGC.
• YCMOU is ranked third in the country for distance education.
• The university has a rating of 3.7 stars, which is considered a good rating.
• The University has international collaborations and such includes Brock University in Canada, Commonwealth of Learning in Canada, and Athabasca University in Canada.
• YCMOU is India’s only university to be awarded a Commonwealth of Learning.

Karnataka State Open University (KSOU) MBA

Karnataka State Open University Mysuru established in the year 1992 is a State Public University and came into force in 1996. Initially KSOU was under the Institute of Correspondence Courses and Continuing Education (ICC&CE) of the University of Mysore which was established in 1969. The Department of Management Studies and Research was established in 1997 under the purview of Karnataka State Open University (KSOU). At present this department provides 6 specializations in the MBA degree which includes Finance, Marketing, People Management (HR), etc. The main aim of this department of management is to impart management education through the ODL system and also through the online mode in an effective and efficient manner. The duration of MBA is of two years and is semester wise programme under CBCS.

Application Process

The application procedure and the admission process for the KSOU for self-admission are as follows:

Step 1: Go to the official website https://ksouportal.com/views/Index.aspx

Step 2: Click on admission portal or visit the regional centre.

Step 3: Candidate shall fill the application and select nearest Learner Support Centre and Regional Centre.

Step 4: The candidate must upload the necessary self-attested scanned documents.

Step 5: The candidate must pay the processing fee online.

Step 6: Candidate must visit selected Regional Centers/Headquarters with original documents and one set of photocopies for verification. After document verification, the candidate must pay the stipulated fee.

Step 7: Except for the processing fee, candidates must pay admission fees online. They can obtain their roll number, study materials, and ID card after successful admission.

Fee Structure

Candidates need to pay Rs.37,600 for the duration of 2 years for KSOU MBA.

Course	Amount to be paid
Tuition fee of MBA	Rs. 37,600
Tuition fee of MBA in Law	Rs. 36,400

Eligibility Criteria

The eligibility criteria for taking admission for MBA at KSOU are as follows:

• Candidates who have completed a three-year bachelor’s degree in any field of study is eligible to apply and this is the only criteria here.

Rankings and Approvals

KSOU has been approved by the following:

• University Grants Commission (UGC)
• All India Council for Technical Education (AICTE)

KSOU has been ranked by the following:

• According to a review by the Center for Internal Quality Assurance, the city-based Karnataka State Open University (KSOU) received the highest rating for quality (CIQA)
• KSOU has received the 2013 Gold Award for Best Education Project as it has always embraced various methods of imparting quality education to its students

Specializations

KSOU provides a few specializations for the candidates of Distance MBA, and such are as follows:

• Finance Management,
• Marketing Management,
• People Management (HR)
• Operations Management
• Tourism Management
• Corporate Law Management and
• Information Technology Management

Vardhman Mahaveer Open University (VMOU) MBA

Vardhman Mahaveer Open University (VMOU) formerly known as Kota Open University was established in the year 1987. VMOU offers distance learning across 22 departments, 7 regional centres, and 5 schools in India. MBA from distance learning is as valuable as a traditional course. The syllabus at VMOU is designed in such a way that it provides an overall knowledge of all departments as well as specialised knowledge of interest. The Medium of instruction for this course is English. MBA here is of 2 years and in these years VMOU helps its students to be the best managers and entrepreneurs in the future. VMOU offers a few specializations in the field of MBA and such include: Human Resource, Finance and Marketing.

Application and Admission Process

The application procedure and the admission process for the VMOU for self-admission are as follows:

Step 1: Go to the official website https://www.vmou.ac.in/

Step 2: Go to the admissions panel.

Step 3: Fill out the application form by giving out the personal details like name, phone number, email id. Etc.

Step 4: Sit for the Entrance examination conducted by the college.

Step 5: Upload all the required documents along with the entrance exam marksheet.

Step 6: The University will verify the documents and shortlist candidates based on their performance. The shortlisted candidates will be given admission after they have paid their fees.

Eligibility Criteria

The eligibility criteria for taking admission for MBA at VMOU are as follows:

• Candidates who have completed a three-year bachelor’s degree in any field of study is eligible to apply.
• Candidates must have a minimum of 50% marks in aggregate in their graduation.
• Candidates must have a professional experience of minimum 3 years.
• Apart from this, a student must take the Management Entrance Test (MET) organised by Vardhman Mahaveer Open University, or the MAT/CAT/CMAT or any other recognised institute and present their score card to the institute along with other papers to meet the admission eligibility criteria.

Fee Structure

Candidates need to pay Rs.14,600 for the duration of 2 years for VMOU MBA.

Reason for Payment	Amount
Tuition fee	Rs. 11,000
Registration fee	Rs. 100
Development fee	Rs. 100
Postal Charges	Rs. 100
Theory Examination fee	Rs. 3,300

Specializations

VMOU provides a few specializations for the candidates of Distance MBA, and such are as follows:

• Human Resource Management
• Finance Management
• Marketing Management

Tamil Nadu Open University (TNOU) MBA

Tamil Nadu Open University established in 2002 is the first University in the state to have introduced the credit-based self-learning materials in print as early as 2003. The University has digitalized its learner support systems, which include admission, examination, material distribution, academic counselling, and other services. Since its inception, the University has catered to the educational needs of the disadvantaged and deprived members of society. MBA here is a 2 years programme where they help students to grow and become the best business leaders in the future.

Application and Admission Procedure

The application and admission procedure are as follows:

Step 1: Go to the official website: https://tnou.ac.in/

Step 2: Go to Admission and then to Online Admission. This will redirect you to the following page: https://tnouportal.in/onlineadmissionhome.aspx

Step 3: Click on New Applicant and follow the instruction mentioned. Fill out the form https://tnouportal.in/RegistrationFormCY2023.aspx

Step 4: Upload the required documents which include the following:

• Scanned copy of Applicant’s Passport size colour photo in .jpeg or .jpg or .png format of the file size of less than 400 KB
• Scanned copy of Applicant’s Signature in .jpeg or .jpg or .png format of the file size of less than 400 KB
• Scanned copy of Applicant’s Aadhar Card (Self attested) in .pdf or .jpeg or .jpg or .png format of the file size of less than 400 KB
• Scanned copy of relevant Educational Qualification
• Scanned Copy of Experience Certificate (if any)
• Scanned Copy of Category Certificate, (if any) (SC/ST/OBC)
• Scanned Copy of BPL Certificate, (if Below Poverty Line)

Step 5: The University will verify the documents and shortlist the candidates. The shortlisted candidates will be given admission after they have paid their fees.

Fees Structure

Candidates need to pay Rs.24,800 for the duration of 2 years for TNOU MBA.

Reason for Payment	Amount to be paid
Amount to be paid in the first year	Rs. 12,500
Amount to be paid in the second year	Rs. 12,300
Total	Rs. 24,800

Eligibility Criteria

The eligibility criteria for taking admission for MBA at TNOU are as follows:

• Candidates who have completed a three-year bachelor’s degree in any field of study is eligible to apply.
• The Pattern of the qualification must be any of the three (10+2+3) (10+3+3) (10+ITI+3).

Recognition

The Accreditations are as follows:

• University Grants Commission – Distance Education Bureau (UGC-DEB)
• National Council for Teacher Education
• Rehabilitation Council of India

Specializations

TNOU provides a few specializations for the candidates of Distance MBA, and such are as follows:

• Master’s in business administration
• Shipping and Logistic Management
• Hospital Administration Management
• Logistics Management

BRAOU MBA

Dr. B.R. Ambedkar Open University initially known as Andhra Pradesh Open University was established in the year 1982. It is the first Open University of India and came with the moto, ‘Education for All.’ The University serves the student community through a vast network of 213 study centres spread across both Telangana and Andhra Pradesh states, including 23 regional co-ordination centres and 14 women-only study centres. Even inmates serving life sentences can enrol as students and further their education. It aims at providing quality education and the same kind of education in the distance mode of study. The MBA programme duration is of 2 years with maximum duration of 4 years. The medium of study is English.

 Application and Admission Procedure

The application and admission procedure are as follows:

Step 1: Go to the official website: https://braou.ac.in/#gsc.tab=0

Step 2: Scroll down and click on Admission Registrations. This will redirect you to the following: https://braou.ac.in/admissionsnotification#gsc.tab=0

Step 3: Fill out the application form and upload the required documents. The documents include:

• Handwritten Self-Attested Scanned Photocopies of Educational Qualifications – SSC/School Leave Certificate, Previous Education Qualification Certificate (Consolidated Marks Memo, Provisional Certificate). The size of scanned photocopies should be less than 200 kb and only in jpeg/jpg format.
• Scanned passport size colour photocopies of Photo and Signature of the candidate.

Step 4: Register for the entrance examination from this portal https://braou.ac.in/entrancetestregistration#gsc.tab=0

Step 5: Candidates will be shortlisted based on their performance in the entrance examination. The shortlisted candidates will have to pay the required fee and they will get admission after the proper reviewing from the Admission office of the University.

 

Fee Structure

Candidates need to pay Rs.20,150 for the duration of 2 years for BRAO MBA.

Reason for Payment	Amount to be paid
Course fee for the first year	Rs. 10,150
Course fee for the second or third year	Rs. 10,000
Course fee for the old batches	Rs. 6,600 in both second and third year
Course fee for MBA in Hospital and Healthcare	Rs. 1.20 Lakhs for two years Installment payment: Rs. 70,000 in 1st year Rs. 50,000 in 2nd year

Eligibility Criteria

The eligibility criteria for taking admission for MBA at BRAOU are as follows:

• Candidates who have completed a three-year bachelor’s degree in any field of study is eligible to apply.
• Candidate must have at least 50% marks (45% marks for reserved class) in aggregate in their graduation degree.
• The Graduates from allied subjects vide the Faculty of Engineering / Technology, Medicine, Pharmacy, Law, and Architecture of any University recognised by the UGC are also eligible.
• Charted Accountants / Cost & Works Accountants / Company Secretaries are also eligible.

Rankings

• BRAOU ranked 11th and 18th within the University and Overall Category, respectively by the NIRF Ranking in the year 2020.
• BRAOU is one of India’s top universities, according to the QS World University Rankings.
• QS BRICS ranked BRAOU 42nd among the world’s simplest interdisciplinary institutions.

Specializations

B.R. Ambedkar Open University provides a few specializations in MBA, and such are as follows:

• Finance Management
• Human Resource Management
• Marketing Management and
• Hospital and Healthcare Management

 

Updated On: 27-April-2023