Ignou MBA : Syllabus And Fee Structure Semester Wise

IGNOU MBA provides an MBA semester wise as you have to attend four semesters in all because the program’s minimum duration is two years. You can extend the course up to 5 years in the distance mode of learning and 4 years in the online MBA that was introduced recently.

IGNOU provides MBA admission through the OPENMAT entrance test. The complete syllabus, fee structure and other things are mentioned on the website of Indira Gandhi National Open University. The program fee is 37800 INR. Candidates who want to take admission to IGNOU MBA will be required to check the prospectus for the syllabus and fee structure. The course is very flexible in nature as it provides a good platform for fresh graduates and working professionals.

No admission will be done without the OPENMAT entrance test. It’s a managerial course that equips students with various strategies and thinking skills along with the education provided through the MBA programme.

Eligibility Criteria for IGNOU MBA Admission

The basic eligibility criteria for taking admissions to an MBA degree program are mentioned below:

First of all, students need to check the prospectus and ensure that they have achieved at least 50% marks in aggregate from a UGC approved university in the bachelor’s degree examination.

Reserved category students need to present the degree with a minimum of 45% marks as 5 % relaxation is provided to them.

Students need to appear for the OPENMAT entrance test and without the same, no admission will be taken to MBA programs.

Fee Structure

The fee structure of the MBA program is about 37800 INR for the full programme.

The fee can be submitted online or offline both on per yearly basis. Candidates need to check the entire fee structure of the course mentioned in the prospectus of the university.

Note: Paying fees per year basis will be easy for the students and IGNOU takes very low fees as its program fees are very cost-effective in nature. You can easily compare its fee with other universities providing the same degree.

Value of IGNOU MBA

The MBA degree provided by Indira Gandhi National Open University is completely valid as the courses are approved by University Grants Commission and got the AICTE approval. The university has also got the NAAC A++ grade accreditation.

The courses of the university along with MBA degree programs and its specializations have DEB approval also.

Therefore, we can say that the courses and degrees offered by IGNOU are completely valid for future prospects. Students in large numbers are admitted to IGNOU MBA for making their careers in their respective fields of studies.

Syllabus of IGNOU MBA

The syllabus of managerial courses may vary from one specialization to another. For instance: You have selected Banking and finance as your preferred specialization, then you will get information and knowledge related to the finance and banking sector. Further, you will be prepared for financial sector jobs as there are many job opportunities for MBA students.

If you choose an MBA in HRM, then you will be equipped with various skills related to managing and handling various types of human resources to run your organization smoothly.

A general MBA program in IGNOU consists of these topics and courses:

Semester 1

  • Business Environment
  • Management Functions and organizational Processes
  • Accounting for Managers
  • Marketing Management
  • Quantitative Analysis for Managerial Applications
  • Business Communications

Semester 2

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

Semester 3

  • International Business Management
  • Research Methodology for Management Decisions
  • Project Course

Semester 4

  • Total Quality Management
  • Advanced Strategic Management
  • Entrepreneurship
  • CSR and Business Ethics

How to Apply for the OPENMAT Entrance Test?

Students need to read the prospectus of IGNOU MBA before filling out the entrance test form for OPENMAT. They need to follow these steps carefully:

  • First of all, visit the IGNOU website that is ignou.ac.in.
  • Then hit the IGNOU MBA Admissions and then enter all the mandatory details there.
  • After that, you choose the specialization in which you want to take admission.
  • Now, select the center of examinations and pay the entrance test fee.
  • Then, take a printout and prepare for your examinations
  • Once the examinations are cleared, take admission to MBA specialization as per your choice.

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