IGNOU MBA: Fees, Admission Process, Ranking, Placements 2024

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  • IGNOU MBA
    Updated at - 06-08-2024 05:36:24 PM Admin

The Indira Gandhi National Open University, otherwise known as IGNOU, is one of the leading open universities in India. Established in 1985, IGNOU is recognized by UGC, approved by AICTE, and accredited an A++ grade by the NAAC. IGNOU is one of the largest universities in the world, and it provides you with a list of undergraduate and postgraduate programs. One of the most famous and comprehensive degree courses offered by IGNOU is MBA Online. The course offers flexibility to the individuals and facilitates the leadership development, sustenance of managerial skills, and the creation of comprehensions related to business, finance, accounting, and human resources.

IGNOU is the 3rd top university in New Delhi. Furthermore, it has a NIRF ranking of 151 out of the top 312 universities in India in 2023. The MBA degree offered by IGNOU is globally recognized and reflects the education qualifications, skills, and knowledge of the students. To learn more about IGNOU and its MBA course, you can go through the highlights given below.

IGNOU MBA Highlights 2024

IGNOU MBA is a top distance education university in India that offers a program recognized by UGC and accredited with an 'A+' by NAAC. The UG and PG online courses feature an enhanced curriculum that will stimulate your intellect and broaden your knowledge. To learn more about our curriculum, check the highlights below.

Establishment Year

1985

Type of University 

Private Online University 

Approved By

UGC

Recognition 

AICTE and Distance Education Board 

Accreditation 

A+ grade by NAAC

Type of Courses

Undergraduate and Post Graduate

Mode of Education 

Online

Facilities 

  • Online Video Lectures
  • Live Classes
  • Seminars
  • Webinars
  • Online Assessments
  • Placement Assistance

Official Website 

https://ignouadmission.samarth.edu.in

IGNOU MBA Ranking 2024

IGNOU is a renowned university recognized by UGC and accredited with an “A+” grade by the NAAC. Below are the details of IGNOU Online Ranking 2023:

  • 17th - Subcontinent University Rank
  • 151 - NIRF Rank

IGNOU MBA Important Dates 2024

The students benefit from the medium of knowledge and high-paid skills offered by IGNOU. Candidates who have completed the standard twelve exams as per the IGNOU MBA Online course syllabus and have passed from a recognized board or education and science stream can apply for IGNOU MBA admission. Here is a list of important dates to apply for admission to IGNOU MBA:

Particulars

Dates

Release of MBA admission form (Jan 2024 session)

December 2023

Last date to submit documents and application fees

31st March 2024

Last date to apply for admission

March 2024

Last date (July session)

30 June 2024

IGNOU MBA Course and Fees 2024

The IGNOU online distance MBA program is thus cost-effective. Thus, the IGNOU online MBA degree can be done in any specialization for INR 62,000/-. It costs as low as INR 15,500 per semester fee for the IGNOU MBA Programme. It is noteworthy that all students will be subjected to meeting a minimum admission requirement that is set by the institution for a particular course of their desire. The following table showcases a list of IGNOU courses list with fee structures along with their eligibility criteria and IGNOU MBA fees:

IGNOU MBA Registration Fee

INR 300/-

Course Fees

INR 62,000/-

Semester-wise Fee

  • INR 15,500/- (1st, 2nd, 4th Semester)
  • INR 17,500/- (3rd Semester)

Development Fee

As applicable

Examination Fee

  • INR 200/- per theory paper
  • INR 500/- per project (credits above 5)

Migration Certificate Fee

INR 500/-

IGNOU MBA Eligibility Criteria 2024

To pursue online IGNOU MBA eligibility criteria, individual students are required to must-have:

  • Bachelor's Degree of Minimum 3 years duration in any subject from a recognized university.
  • Score must be at least 50%.
  • For reserved samples, a 5% discount is offered.
  • There is no minimum or maximum age limit for nominees.

Duration

  • 2 years

IGNOU MBA Course Admission Process 2024

The steps related to IGNOU University Online MBA admission 2024 have been listed below for the students:

  • Visit the Official website of IGNOU University Online.
  • Select the type of undergraduate or postgraduate course you wish to study.
  • Navigate to the Apply Now tab and click on it.
  • Complete the student admission or application form with every relevant detail, including your name, phone number, and email address.
  • Provide the details regarding employment and previous internship.
  • Click on the save and continue option.
  • Upload relevant documents.
  • Pay Online fees.

IGNOU MBA Syllabus

The students who enrolled in the IGNOU MBA course studied various subjects, including HRM, marketing management, business communication, business laws, financial management, and entrepreneurship. Here is a list of subjects a student studies in the IGNOU MBA course.

Semester 1

  • Management Functions and Organisational Processes
  • Human Resource Management
  • Business Environment
  • Accounting for Managers
  • Quantitative Analysis for Managerial Applications
  • Marketing Management
  • Business Communication

Semester 2

  • Information Systems for Managers
  • Management of Machines and Materials
  • Managerial Economics
  • Social Processes and Behavioural Issues
  • Strategic Management
  • Business Laws
  • Financial Management

Semester 3

  • Research Methodology for Management Decisions
  • International Business Management
  • Project Course (Equivalent to 2 Courses)
  • Any four courses from the respective specialization that you have chosen

Semester 4

  • Advanced Strategic Management
  • Entrepreneurship
  • Total Quality Management
  • Business Ethics and CSR
  • Any three courses from the respective

IGNOU MBA Placements 2024

IGNOU MBA allows students to explore various career opportunities at top MNCs.

The institution’s placement rate is 80%, with 500+ placement partners like Amazon, Wipro, HDFC Bank, TCS, and Google. In 2023, more than 75% of students were placed in top companies, with an average package of INR 5,00,000 - INR 6,00,000 per annum. Moreover, the highest package offered was INR 12,00,000 per annum. The renowned recruiters of IGNOU University Online MBA are:

  • Amazon
  • Accenture
  • EY
  • Flipkart
  • Wipro
  • HDFC Bank
  • TCS
  • MTR
  • Google
  • PWC
  • Cognizant
  • Hitachi
  • Infosys

IGNOU MBA FAQs

Q. Is an MBA available at IGNOU?

A. Yes, IGNOU also offers a two-year MBA program in General, Banking & Finance, Financial Management, HRM, Marketing Management, and Operations Management specializations.

Q. What is the fee for an MBA at IGNOU?

A. IGNOU offers students to pursue an MBA course at a reasonable fee that ranges between INR 6,300 and INR 62,000.

Q. What is the average package offered during MBA placements at IGNOU?

A. IGNOU average package data is not available. Nevertheless, according to unofficial sources, the average package received by students during recent IGNOU placements stood between INR 3,00,000 and INR 4,00,000.