What Is IGNOU MBA in Business Management? - Guide 2024
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What Is IGNOU MBA In Business Management? - Guide 2024

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The distance MBA in Business Management is a 2-year postgraduate program offered by IGNOU in the management domain and this particular course imparts knowledge of organizational behaviour, communication skills, and helps in tackling all the business problems. IGNOU has sixty-seven regional centres across the country, where students in various areas of society can learn.

The School of management established by IGNOU is one of the most famous management schools in India which offers management courses through a distance mode of learning. The course imparts the knowledge and skill about management that needs to manage different sectors of business.

Distance MBA In Business Management Course Details


University Name Indira Gandhi National Open University
Degree Postgraduate
Approval UGC-DEB | NAAC A++
Duration MIN - 2 Years | MAX- 4 Years
Age No Age Limit
Eligibility Graduation from a recognized university
Fees Incurred INR 2,12,440/-for full course
Average Salary Offered INR 5 LAKHS TO 8 LAKHS PER ANNUM

The Indira Gandhi Open National University is an accredited university under the University Grant Committee. In India, there are few universities that are accredited by the NAAC with an 'A++' degree and IGNOU is one of them. NAAC accredited the university with an A++ grade to offer students the highest quality education and other associated education services. This University has the right to recognise other distance universities, and it is a recognised centre. The university is also recognized by the UGC-DEB for offering various distance courses. IGNOU provides 227 programmes in 21 schools and 67 regional centres worldwide. The home office of the institution is in Delhi, the capital of India. It offers certificates, diplomas, undergraduate and postgraduate programs in both online and distance modes of education.

The curriculum of MBA in Business Management includes subjects such as Change Management, Talent Management, Business Negotiation, Financial Management and Accounting. Students who have a good understanding of business and who are interested in managing financial, marketing and other business activities of any organization can enrol for this course. So basically the business management course comprises the interdisciplinary study of business administration, marketing, accounting, economics, finance, and information systems.


IGNOU is one of the most famous and oldest open universities of India established in the year of 1985. The university is affiliated and recognized by the government of India and provides the best educational quality to every segment of society. IGNOU offers many courses including management courses. In this article, we are going to discuss all the details about the Distance MBA in Business Management course offered by IGNOU.

How to Get Admission In MBA Business Management In IGNOU 2024?

MBA business management of IGNOU students is required to pass an entrance test to seek admission. OPENMAT is the entrance exam that you need to clear to get admitted to IGNOU. The students must apply online using the official IGNOU website. All details and registration fees must be filled out by the students. If you qualify for OPENMAT, the IGNOU cut-off will allow you to be picked. Following the distance selection, IGNOU students have to complete the application form, download the materials and submit fees in the IGNOU business management programme. So this is everything you need to be allowed to the remote management of IGNOU's MBA business.

Is IGNOU MBA In Business Management Good?

IGNOU MBA in business management is beneficial for students in many factors. First of all, the degree offered by the university is valuable and valid not only in India but also abroad. Some other benefits are listed here.

- Students do not need to take regular classes during the distance education MBA in business management course from IGNOU.
- Students can even learn by themselves as the material provided by the university is easy to understand.
- They can utilize their time by doing other activities for enhancing their career along with getting the degree.
- The fee structure of an MBA course through distance education in business management pursued from Indira Gandhi National Open University is a bit lower in comparison to other universities.
- The students can attain work experience during the distance MBA in business management course that will help them to get a higher salary after completing the course.
- The working professional who enrolled in some work, intended to pursue higher studies in business management can apply for a distance MBA in business management from IGNOU without affecting their job.

What Is the Fee Structure of IGNOU MBA in Business Management 2024?

MBA programs can be costly, especially if you go to a renowned private university but IGNOU is offering this course at the lowest price. IGNOU is acknowledged to offer low-cost distance learning and business management MBA costs a total of Rs. 2,12,440. In any specialisation such as business management, you can obtain a distance MBA at such inexpensive prices from IGNOU.

What Is the Eligibility for An MBA in Business Management in IGNOU?

To be considered for admission to the IGNOU distance MBA business Management program, a student must meet the following requirements:-
- Students must pass all of their Bachelor's exams in all disciplines in order to be eligible for admission into the distance MBA business management program.
- To be eligible for this training course, students must have a minimum grade point average of 55 per cent and a diploma from a recognised university.
- The OPENMAT entrance exam must be completed and passed.

What Is the Course Duration for IGNOU MBA in Business Management?

The duration of IGNOU MBA in Business Management is 2 Years and is further divided into 4 semesters. IGNOU offers many specialization courses and the duration of all courses is similar. IGNOU MBA Business Management course can be completed in 5 years.

What Are the Subjects/Syllabus In MBA Business Management IGNOU 2024?

The IGNOU Distance MBA in business Management curriculum is comprehensive, encompassing all managerial principles from a range of subjects in one place. The following is a list of all the subjects offered through IGNOU's distance MBA in business management program:

SEMESTER 1 SEMESTER 2
Management Organizational Marketing Management
Managerial Economics Financial Management
Quantitative methods Operations Management
IT Managers Management Of Technology
Accounting For Management E-Business
IT for manager's lab Business Research
Business environment Human Resources Management
Business communications Managerial Skills Development
SEMESTER 3 SEMESTER 4
Management Of International Business Strategic Management
Summer Training Project Project Report
Entrepreneurship Business development Business Intelligence and applications
Information Systems Management -

How to Apply for An IGNOU MBA In Business Management Entrance Exam 2024?

The students must pass the entry examination OPENMAT for admission to IGNOU MBA Business Management. This entry test is carried out by IGNOU to check the students' ability in management courses.

The entrance examination will be accepted online via the IGNOU official website. Candidates must apply online for this test by completing the details requested. The date of the exam will thereafter be announced on the official website of the university. This examination will be conducted online. You will receive the exam card, which is mandatory at admission to IGNOU Business Management, at your registered address.

Is Openmat Necessary for An IGNOU MBA In Business Management?

Yes, IGNOU conducts entrance examinations to give MBA distance admission to MBA business managers. You need to pass the entrance examination to be included in the MBA programme specialising in business management at IGNOU. IGNOU entrance exam conducted for MBA courses is named OPENMAT and the students can apply for this test online by visiting the official website of IGNOU.
OPENMAT is a nationwide admission test for MBA and PGDM programmes offered by IGNOU. NTA administers the IGNOU OPENMAT exam twice a year, in July and January. Candidates with valid grades are eligible to apply for admission to any of the cycles. To apply to MBA programmes, management students must take the OPENMAT exam.

How Can I Download the IGNOU MBA Business Management Prospectus in 2024?

IGNOU's common prospectus can be found on the official website of IGNOU. On the IGNOU website, students will discover the option for a common prospectus 2024, which they must look at to get the details about the university and courses. This prospectus is designed by the university itself which will include all of the data regarding the courses offered, fee structure, Eligibility Criteria, and other important information. Including achievements, distinctive features, detailed information about the university's programmes, eligibility conditions and online learning programmes of IGNOU, all information about the institution will be available for students.

How Can I download IGNOU MBA Business Management Study Material In 2024?

Students and teachers can take several paths to access IGNOU materials for learning. Students can access study materials and other program-related information via repositories such as Gyan Kosh and mobile IGNOU apps, including mobile IGNOU e-content. Students can check the curriculum for any programmes using the IGNOU e-content tool. EGyan Kosh is a digital portal that provides more than 2500 online lectures and materials. The convenience of all study materials is assessed by IGNOU students.

What Are the Top 5 Distance MBA Business Management Colleges In India for IGNOU Alternative?

A lot of colleges other than IGNOU are there for MBA in Business Management, let us take a look at the colleges that offer MBA in Business Management such as:

1. NMIMS - Deemed to be University
2. Jain University
3. Symbiosis Institute of Management
4. Chandigarh University
5. UPES, Dehradun

Also Find: Cheapest Top 7 Distance MBA Programs

Can I Get A Scholarship In IGNOU for MBA Business Management programs?

Students who are enrolled in IGNOU's normal full-time Master's degree programme. IGNOU scholarships are available to students seeking a PhD, SC, OC, or ST degree. The annual income of the parents or guardians should not exceed Rs. 3 lakhs. Candidates can apply online through the Buddy4Study platform. The MBA students who are chosen will receive a scholarship of INR 1,00,000 for the duration of their MBA programme (INR 1.00 Lakh per year).

Other Management Courses Offered by IGNOU

The Indira Gandhi National Open University (IGNOU) provides a number of management programmes that can help you gain a thorough understanding of a variety of managerial topics.

The management programs offered by IGNOU are as follows:
- Distance BBA
- Distance MBA
- Distance MBA In Financial Management
- Distance MBA In Operations Management
- Distance MBA In Marketing Management
- Distance MBA In Human Resources Management
- Distance MBA in International Business Management
- Distance MBA in Information Technology
- Distance MBA in Supply Chain Management
- Distance MBA in Banking and Finance Management
- Distance MBA in Hospital Administration
- Distance MBA in Hospitality Management
- Distance MBA in Retail Management
- Distance MBA in Rural Management
- Distance MBA in Project Management
- Distance MBA in International Trade Management

Does IGNOU Offer Placements?

The Indira Gandhi National Open University (IGNOU) has a Campus Placement Cell that was established in 2005 to help students find work. The placement cell is responsible for all actions relating to placement and helps students to locate appropriate jobs. The cell was developed to provide campus placements for all students in all programmes and solve placement-related concerns.

The Campus Placement Cell (CPC) of the University organises on the other hand the university's regional centres for placement drives, careers fairs and employability improvement programmes. Campus placement units for distance education institutions actively encourage students to take their courses online while helping them develop a strong future. The campus placement units of IGNOU actively encourage students to study online and to help them develop a sound future.

Is There Any Difference between IGNOU MBA in Business Management and IGNOU Distance MBA in Business Management?

There is no distinction between Business Management IGNOU MBA and Business Management IGNOU Distance MBA. Due to IGNOU's popularity, the course name has now changed to IGNOU MBA in the course of Business Management. IGNOU offers a distance MBA for Business Management.

What Are the Scope After Completing an IGNOU MBA in Business Management?

After Distance MBA in Business Management, there are plenty of jobs. The main business management sectors are financial institutions, corporate enterprises, private employment companies, banks, government offices, media and publications. Candidates can choose to apply for a position that is appropriate to their talents and expertise. In addition, before applying for full-time employment, they can also do training in business management. Some of the profiles that can be obtained following an MBA are:

Marketing Manager Financial Advisor
Human Resource Manager Financier
International Manager Supply Chain Manager
Sales Manager Brand Manager

Distance MBA In Business Management (FAQ)

⭐ How to join IGNOU MBA Distance Education?

IGNOU is a well-recognized university that is globally approved by the AICTE.

⭐ When to apply for an IGNOU MBA in Business Management?

Tests are offered twice a year at the university, with students choosing to take their program's exams in June or December. Students who are unable to sit for exams in June will be able to sit for them in December.

⭐ How to apply for an IGNOU MBA in Business Management?

Students must first meet the course's eligibility conditions before applying for the IGNOU MBA in the Business Management programme. The students must then take the university entrance exams.

⭐ Is IGNOU MBA in Business Management valid for Government Jobs?

Yes, IGNOU MBA in Business Management is valid for government and private sector jobs, for both of them.

⭐ Is IGNOU MBA in Business Management recognised worldwide?

IGNOU's MBA in Business Management degree will be recognised globally because it is a globally recognised university.

⭐ Is IGNOU MBA in a Business Management degree valid?

Yes, IGNOU diplomas are recognised throughout the country. The university is well-known and accredited by the UGC and NAAC, which adds to its overall value.

⭐ When is IGNOU MBA in the Business Management entrance test?

In 2024, IGNOU MBA admissions will be determined by the OPENMAT MBA university-level entrance exam. On April 11th, 2024, the OPENMAT was held.

⭐ How to apply for the IGNOU MBA in the Business Management entrance exam?

Students must get the prospectus from IGNOU's official website. Then, using the application URL listed above, you can apply for the OPENMAT admission exam online.

⭐ How long does it take to study business management?

MBA in Business management can be completed in 5 years. The Bachelor’s degree will take 3 years and after that, the Master’s degree will take 2 years.

⭐ How many times does the university conduct term-end exams for distance MBA Business Management in a year?

The university conducts exams twice a year and students can give exams of their concerned program in the months of June and December. If students are unable to give in the month of June then they can appear in the month of December for exams.

⭐ Does IGNOU refund the academic fees in case of cancellation of the program?

IGNOU refunds fees only when the university denies admission due to any reason. But in case of the cancellation of the program from the student’s side, the fee will not be refunded.

Conclusion

Distance MBA in Business Management is a 2-year postgraduate management course offered to students who are willing to work in various companies at business management positions. IGNOU provides various MBA specializations in the distance mode and they all are valid as the university has been approved by UGC-DEB. I hope you found all the information related to distance MBA business Management offered by IGNOU.

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