IGNOU’s Online MBA 2024: Fee, Admission, Eligibility, more

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Jagpreet

21 September, 2024

IGNOU’s Online MBA 2024: Fee, Admission, Eligibility, more

Aspiring for an MBA? Confused between online and regular? Making a career choice can be tough. You invest time, effort, and money, aiming for the best results. Feeling confused is natural.

With changing business trends, flexible learning is needed. Earlier, you had to quit your job for an MBA. Although distance MBAs existed, they weren’t valued equally. But now, with the New Education Policy, online degrees are on par with regular ones. Moreover, online MBA degrees are now accepted in the job market. Their curriculum is aligned with regular courses.

If you’re seeking an affordable MBA and don’t want to quit your job, IGNOU’s online MBA is ideal. It offers flexibility, affordability, and quality education. IGNOU is ranked first in the “Open University” category in the 2024 NIRF rankings. Moreover, IGNOU holds prestigious accreditation of “ NAAC A++”.

In this blog, we have provided a comprehensive guide for IGNOU’s online MBA degree which will help you make a wise career choice.

The Story of IGNOU

The saga of premier education in open and distant learning format began in 1985 by an Act of Parliament. Indira Gandhi National Open University is the largest open university in the world and receives the highest enrollment. Its aim is to expand the reach and scope of quality education irrespective of the social and geographical background of the student. Ever since IGNOU came into action, it has provided technology-enabled education from conventional to modern tools.

It hosts an exceptionally wide range of academic programmes from certification level to post-graduate degree, you have got everything in one place. IGNOU is a national coordinator for SWAYAM and DTH (Direct to Home) educational channels which fall under the umbrella of SWAYAM PRABHA. For online learners, it offers online classes in 14 regional languages such as English, Assamese, Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu and Urdu. Talking about management education, IGNOU offers both online and distance MBA.

IGNOU Accolades

  • NAAC A++

  • UGC-DEB

  • AICTE

  • AIU

  • ACU

Let’s read further to learn about the IGNOU online MBA.

Related: Are IGNOU Education Degrees Valid and Good?

What’s in for You at IGNOU Online MBA?

The online and distance learning MBA in IGNOU is approved by UGC-DEB and recognised by AICTE. The objective of this post-graduate programme is to develop your business and management skills while focusing on the niche areas. The course structure of the online MBA in IGNOU is designed by industry experts keeping in mind the current industry trends. It has a comprehensive curriculum covering all the core areas of business and relevant topics of present-day scenarios.

IGNOU caters to the needs of fresh graduates and working professionals both. IGNOU’s flexible learning format and highly affordable structure makes it convenient for students from remote areas with limited resources to accomplish their academic goals. With access to both printed and digital study material and recorded lessons via TV broadcast or radio service, IGNOU has bridged the gap in your dreams.

Highlights of IGNOU Online MBA

Course Name  Online MBA
Distance MBA
Course Fee INR 58,000 (Online MBA)
INR 64,000 (Distance MBA)
NIRF Rank 1 (Oepn University)
Duration  2 years
Class Mode Online/self-paced
Exam Mode Offline at the regional centres
IGNOU Admission Cycle  Twice a year in January and July
Specialisations Offered  Marketing Management
Human Resource Management
Operations Management
Services Management
Placement Opportunity  Placement drives by Campus Placement Cell

What is the Eligibility of IGNOU Online MBA?

IGNOU does not have any strict eligibility criteria for its online/distance MBA programme. The basic criteria which you must fulfil are as follows:

  • A bachelor’s degree holder from a recognised university in any stream

  • The bachelor’s degree should be of a minimum three-year duration

  • You should have scored a minimum of 50% marks in undergraduation

  •  In the case of reserved category students, 45% is the minimum marks requirement.

The Curriculum of IGNOU Online MBA

The curriculum covers essential subjects ranging from management functions to strategic planning, providing a holistic understanding of the business landscape. Here is the IGNOU online MBA curriculum you will be studying:

Semester I Semester II
Management Functions and Organisational Processes Information Systems for Managers
Human Resources Management Management of Machines and Materials
Business Environment Managerial Economics
Accounting for Managers Social Processes and Behavioural Issues
Quantitative Analysis for Managerial Applications Strategic Management
Marketing Management Business Laws
Business Communication Financial Management
Semester III Semester IV
Research Methodology for Management Decisions Advanced Strategic Management
International Business Management Entrepreneurship
Project Course Total Quality Management
Any four specialisation courses of your choice Business Ethics and CSR
Any three specialisation courses of your choice

Benefits of Studying Online MBA in IGNOU

Applying at IGNOU for an online MBA is a lifetime investment. They provide a room full of opportunities and facilities, including:

  • A globally recognised and accepted MBA degree

  • AICTE recognised programme

  • Affordable online MBA degree

  • Audiobooks on the eGyanKosh platform

  • Multiple learning resources and video programmes

  • Support of local centres for the broadcast of video programmes on TV and radio

  • Regional centres in every corner of the country

  • Printed and digital study guides

  • Placement opportunities for all remote learners

  • Curriculum based on the NEP pattern

Career Prospects after IGNOU Online MBA

Completing an online MBA from IGNOU will unlock countless career opportunities with a high return on investment.

The demand for MBA graduates has significantly increased in almost every sector, which has opened several lucrative opportunities for you. Here are a few career paths, MBA graduates often choose:

Job Role Average Salary
Management Consultant INR 28.5 LPA
Business Development Manager INR 7.8 LPA
Marketing Manager INR 12.8 LPA
Financial Analyst INR 6.5 LPA
Operations Manager INR 11.2 LPA
Human Resources Manager INR 11.4 LPA
Project Manager INR 18.2 LPA
Supply Chain Manager INR 15.0 LPA
Entrepreneur INR 18.0 LPA
Sales Manager INR 7.3 LPA
Strategic Planner INR 11.0 LPA
IT Manager INR 14.2 LPA
Retail Manager INR 5.9 LPA
International Business Manager INR 17.0 LPA

*Please note that the salary may vary based on the experience, location, skills and job role.

Bottom Line

IGNOU has reached every corner of the country with its flexibility, affordability, and inclusivity for students. It is now your chance to explore the resources and upskill your business and management skills in the job market. IGNOU online MBA provides multiple resources like printed materials, audio-visual aids, and eGyanKosh to make your online MBA journey easy. You can do it all while balancing your personal life and work.

FAQs

Q1. Is IGNOU online MBA valid?

Yes, an online MBA from IGNOU is UGC-DEB recognised and in fact, NAAC A++ accredited. So, your online MBA degree is completely valid.

Q2. Is a distance MBA from IGNOU worth it?

The worth of a distance MBA depends on the purpose for which you are pursuing the degree. So if you aim to add the MBA qualification to your profile within an affordable range, IGNOU is a good choice.

Q3. Is IGNOU MBA difficult to pass?

The difficulty level of an MBA programme is different for every student. IGNOU’s MBA course can be placed on the lower side of the difficulty scale. Therefore, it is not difficult to pass the degree.

Q4. Can I get a job after an MBA from IGNOU?

Yes, you can get a job after an MBA from IGNOU as it is acceptable to employers. The placement cell at IGNOU organises job affairs at the headquarters and some regional centres as well.

Q5. Is IGNOU MBA regular or distance?

IGNOU is a central open university which offers only distance and online courses. So, the MBA degree at IGNOU is in distance mode not regular.

Q6. Does IGNOU provide placement for an online MBA?

IGNOU has a Campus Placement Cell which organises placement drives for enrolled students and alumni. On-campus and off-campus placement drive is conducted at headquarters and a few regional centres in collaboration with organisations.

Q7. What is the difference between the IGNOU online MBA and a distance MBA?

In the distance MBA programme, you receive the self-study material and have to learn at your own pace. Whereas, in online MBA format, you get access to live and recorded lessons.


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