What Are the Fees for IGNOU MBA? - Complete Guide 2024
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What Are the Fees for IGNOU Distance MBA? - Complete Guide 2024

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About IGNOU

IGNOU stands for Indira Gandhi National Open University. The university was founded in 1985 by the Indian government to provide quality education to students who were unable to continue higher education through normal classrooms. The goal of establishing this university is to provide the highest quality education to every sector of society. IGNOU has 67 regional centres throughout the world and provides 227 programmes through 21 schools.

The Indira Gandhi National Open University Act of 1985 founded the Indira Gandhi National Open University (IGNOU). The institution is governed, owned, and supervised by the central government, and four million students have enrolled in it since its inception. The university's distance MBA programme has been authorised by the UGC-DEB and is recognised worldwide. In this blog post, you'll learn everything you need to know about Indira Gandhi National Open University's Distance MBA programmes.

This blog is specifically about the fee structure for the MBA program at IGNOU. The courses at IGNOU are pretty affordable and hence, the students can find reasonable courses at their ends. Let us take a look at the detailed pattern of the fee structure of IGNOU.


What are the Fees for IGNOU MBA? – Detailed Fees Structure

Indira Gandhi National Open University is a renowned university known to offer affordable courses to the students who face difficulties in going for regular courses. The affordability is one of the major reasons as to why the courses are preferred from IGNOU. The purpose of the university is to offer education that is easily accessible by all the students.

Type of Fee Fee to be Paid
MBA
Registration Fee INR 200
Fee per Course INR 2,000
Total Fee INR 38,700

IGNOU MBA Course Fees

The fees for MBA programs vary according to the course one chooses. There are various specializations offered by IGNOU under the MBA course. However, the course fee for any domain is very much affordable and hence, helps the students who are struggling with financial stability with a course that is reasonable and worth it for all. Let us take a look at the fee structure of all the specializations offered by the university:

Courses (Specializations) Fee Structure
MBA (Master’s in Business Administration) INR 37, 800
MBA in Banking and Finance INR 37, 800
MBA in Human Resources Management INR 10, 800
MBA in Financial Management INR 10, 800
MBA in Operations Management INR 10, 800
MBA in Financial Markets Practice INR 10, 800
MBA in International Business Operations INR 10, 800

IGNOU MBA Entrance Exam Fees

The IGNOU examination cost for 2024 is Rs 200 per programme. The IGNOU 2024 examination cost is non-refundable and can only be paid using a credit card, debit card, or net banking account. Candidates must go to the Indira Gandhi National Open University's official website to fill out the IGNOU 2024 examination form.

IGNOU MBA Fees for SC Students

There is no exemption when it comes to SC/ST students. Fee reimbursement will not be available to employed applicants or beneficiaries of similar benefits from other sources. Fee reimbursement requests for IGNOU will be entertained only until the current admission session closes. The students from every background are given equal priority when it comes to education at IGNOU.

IGNOU MBA Online Exam Fee Payment

The examination costs for TEE June 2024 have been raised from Rs 150 to Rs 200 by the institution. The IGNOU Exam Fees for the Term End Theory and Practical Exams would be the same. Candidates must pay the relevant fees for any courses for which they wish to sit for the exam in June 2024.

Students must complete the details on the examination form and send it to either The Registrar, SED, Indira Gandhi National Open University, Maidan Garhi, New Delhi - 110068 or the appropriate Regional Centre, or any other IGNOU Regional Centre in the country, or they can apply online.

Exam forms must be submitted by the 31st of March for the June Term-End Examination and by the 30th of September for the December Term-End Examination to avoid a late charge. Exam forms are accepted without payment of a late fee under the following circumstances. Students will be assessed late fees if they do not complete their assignments within the specified time frame. Students can contact the university via email if they have any questions.

IGNOU MBA OPENMAT Exam Fees

OPENMAT is a nationwide entrance exam for admission to IGNOU's MBA and PGDM programmes. The IGNOU OPENMAT exam is held by NTA twice a year, in July and January. On April 11, 2024, the Indira Gandhi National Open University (IGNOU) held the IGNOU OPENMAT 2024 or IGNOU OPENMAT XLIX phase test.

The examination form was supposed to be launched on March 3 this year by Indira Gandhi National Open University. The forms were announced by then and hence, the last date to submit the application was 15th March. However, the submission date for the form was extended till 25th March. The registration for the OPENMAT forms and examination is done online.

IGNOU MBA Registration Fees

A non-refundable Registration Price of Rs. 200/- (unless otherwise specified) will be collected at the time of admission, in addition to the non-transferable programme fee for the first semester/year. In the event of cancellation, the registration fee will not be refunded. Also Read: Ignou MBA Program Syllabus 2024.

Students who request admission cancellation and a tuition refund will have their requests considered in accordance with the University's refund policy, which is as follows:

- The money would be repaid after deducting Rs.200/- from the total amount of the fee paid before the deadline for submission of the admission form.
- Within 15 days of the final date for submitting the admission form, fees will be returned after deducting Rs.500/- from the amount payable.
- If the application is received within 30 days of the deadline for filing the application, fees will be repaid after a Rs.1,000 processing charge is deducted.
- Both the deadline for submitting an entrance form without a late charge and the deadline for submitting an admission form with a late fee will be considered. However, any late costs will not be refunded.

The students can, however, write a request to the regional director of the centre in the possible cases of 1st and 3rd mentioned above. Furthermore, the students will be asked to pay the fees for the first and second semester in full.

FAQs

⭐ What is the fee of IGNOU MBA?

Distance M.Com fee varies from specialization to specialization of MCom course offered by IGNOU. M.Com (general) fee at IGNOU is Rs. 11,000.

⭐ Do I have to Pay the Registration fee for MBA in IGNOU?

Yes, you need to pay the registration fee while taking admission in the distance MBA course of IGNOU. The payable registration fee is Rs. 200 and it is non-refundable.

⭐ Is there any Value of an MBA from IGNOU?

MBA from IGNOU is a valuable course for those who are unable to attend regular classes and it provides the entry level job opportunities in the Information Technology domain.

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