IGNOU MBA Course Highlights

IGNOU MBA course is one of the most affordable and flexible higher education degree programs in India, suitable for future leaders, managers and working professionals seeking significant leadership skills to run successful businesses and teams in an ever-changing business environment. It is a 2 year long flexible education program. An online MBA IGNOU fee starts from Rs 66000 for the entire program and allows students to make payments in installments, ensuring convenience and quality among remote learners.

Particulars IGNOU MBA Details
Program Name Master of Business Administration (MBA)
Degree Type Postgraduate Degree Program
IGNOU MBA Duration Minimum: 2 Years, Maximum: 4 Years
Accreditation & Recognition UGC-DEB, AICTE, NAAC A++ Accredited University
Learning Mode Online and Distance Learning
Examination Method Term-End Examinations (TEE) along with Assignment Evaluation
IGNOU Admission Fees for MBA ₹300/- (One-time), Development Charges are Additional
IGNOU MBA Course Fees ₹66,000/-
Semester I – ₹16,000/-
Semester II – ₹16,000/-
Semester III – ₹18,000/-
Semester IV – ₹16,000/-
* Examination fee is additional.
IGNOU MBA Specialisations Marketing, Finance, Human Resource, Operations,
Service Management, Healthcare & Hospital Management,
Construction Management, Logistics & Supply Chain Management,
Agribusiness Management
Minimum Eligibility Bachelor’s Degree with at least 50% marks (45% for Reserved Category Candidates)
Admission Criteria Admission can be completed online. No Entrance Examination is required.

IGNOU MBA Registration Fees

Students of Online & Distance MBA Courses at IGNOU need to pay a registration fee at the time of admission. It is a mandatory one-time non-refundable fee of Rs 300. IGNOU MBA registration fees are charged by the University to cover the verification and admission processing.

IGNOU MBA Fees for SC/ST Students

IGNOU MBA fees for SC ST or reserved category students may differ from general students to encourage consistent education and growth opportunities across students from all backgrounds. IGNOU MBA fees for ST SC students are not different from general students; however, the university offers some concession schemes and benefits to ensure an affordable learning experience.

Scheme of Support and Fee Concessions

The eligible program for support and fee concession schemes at IGNOU includes several Bachelor’s Degree programs and undergraduate degree programs such as BCom, BA and BSc.  There is no specific fee structure for ST SC students; however, scholarship benefits such as a post-matric scheme are available for them.

How to Apply for SC/ST Fee Benefits

Students of SC ST category can access benefits while pursuing an online distance MBA at IGNOU. Students need to select the fee exemption option while applying on the IGNOU Admission portal and upload their caste certificate with income proof to gain available exemptions and benefits.

IGNOU MBA Fees Payment Options

IGNOU offers different MBA fee payment options among students and remote learners to ensure unmatched affordability, zero financial burden and flexible semester-wise instalments to uplift and encourage consistent education among students.  Students of IGNOU MBA can select a suitable payment option to pay all-inclusive fees as follows-

Online Payment Methods

Students of the IGNOU MBA course are encouraged to pay the program fee using suitable online payment gateways on the official admission or re-registration portals. Candidates can use suitable online payment methods such as debit cards, credit cards, net banking, UPI payments or digital payment gateways offered by the IGNOU portal.

Offline Payment Methods

Students of an Online and Distance MBA Course at IGNOU are allowed to make payment using offline methods considering individual-specific needs. Exclusive student services of IGNOU allow students to use offline payment methods like Demand Draft (DD), Bank challan (if applicable) or SBI Collect and PNB Challan facilities.

Payment Deadlines and Important Dates

Students can select a suitable payment option to pay IGNOU MBA fee; however, it is essential to maintain deadlines and important dates properly. It is ideal to pay registration fees during the enrollment process and installments at each semester. It is important to pay all fees of the IGNOU MBA course to avoid late penalties and secure session-wise deadlines.

IGNOU MBA Fee Refund and Admission Cancellation Policy

IGNOU offers a fee refund and admission cancellation policy for students seeking withdrawal from the MBA program due to any personal reason. A well-structured refund policy is followed by IGNOU based on admission timing and cancellation requests made by the individuals.

Refund Eligibility Criteria

Students can request a refund if they request a cancellation before the admission is confirmed. Usually, IGNOU MBA fee is refundable and registration fee is non-refundable. If the admission is confirmed before the requested cancellation, then a 15% deduction (maximum Rs 2000) is applicable.

Refund Process and Timeline

The refund process of IGNOU MBA fee after admission cancellation includes-

  • Applying for cancellation
  • Verification by IGNOU
  • Refund approval
  • Refund credit

Timeline– A refund is not allowed for students after 60 days of admission confirmation

IGNOU MBA Fees Comparison with Other Universities

IGNOU is affiliated with UGC, NAAC and DEB to offer globally recognised MBA degrees delivered through online and distance mode of education in an affordable and cost effective structure. The course fee of IGNOU online distance MBA generally ranges between Rs 66000 and Rs 68000, and it is the lowest cost of an MBA program across many universities in India. Other universities such as Symbiosis, NMIMS, LPU online or Jain University online offer equally valuable and credible MBA degrees in a fee structure of at least 1.5 lakh per program. The detailed comparison of IGNOU MBA fees with other universities is stated below.

University & Course Total MBA Fees
IGNOU MBA Fees ₹ 66,000 /- (excluding exam fee)
Amity University MBA Fees ₹ 2,25,000/-
NMIMS MBA Fees ₹ 2,20,000/-
Manipal University MBA Fees ₹ 1,53,000/-
Lovely Professional University MBA Fees ₹ 1,61,600/-
Sikkim Manipal University MBA Fees ₹ 1,20,000/-

Conclusion

Correspondence MBA fees IGNOU is one of the most affordable in India among top universities that offer equally valuable and credible outcomes of online and distance management programs. IGNOU online distance MBA course is a UGC and NAAC-affiliated degree program delivered through a flexible and highly affordable learning structure. IGNOU ensures convenience and affordability among students of the online MBA course. Students of an online distance MBA course at IGNOU are also allowed to apply for a fee refund and admission cancellation.

IGNOU Accreditation for MBA Course

UCG Entitled

Recognized by the University Grants Commission

Grade NAAC A++ Accredited

Accredited by the National Assessment and Accreditation Council

AICTE Approved

Approved by the All India Council for Technical Education

MHRD Approved

Ministry of Human Resource Development

WES Accredited

World Education System

AIU Approved

Recognized by the Association of Indian Universities

IGNOU Online or Distance MBA Course Structure

IGNOU Learning Methodology for Online MBA

E-books Study
Material

Live Interactive
Sessions

Project &
Assignment

Learning
Managment

Top Studies
Center

Worldwide
Reach

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Submit your contact details, and our IGNOU expert team will call you and provide all the details for free

IGNOU MBA Fee Structure

IGNOU MBA online fees structure is highly affordable and suitable for all types of students because it believes in equal learning facilities and growth opportunities without hefty charges. Correspondence MBA fees IGNOU range from Rs 66000 to Rs 68000 depending on the selected program and expenses like registration and examination fees.

Registration Fee ₹ 300 One Time
MBA Full Course Fee ₹ 66,000 Full Fee
MBA Semester Fee ₹ 16,000 Per Semester
MBA 3rd Semester Fee ₹ 18,000 3rd semester has an 8-credit project
Examination Fee ₹ 200 Per Subject
SAARC Students ₹72,500 For Full program
Non-SAARC Students US$6,000 For Full program

FAQs About IGNOU MBA Fees

Yes, you can pay IGNOU online distance MBA fees semester wise as the university allows its students to pay the program fee based on their convenience and suitability.

Yes, IGNOU MBA fees are affordable in comparison to distance MBA programs offered by other universities, as IGNOU MBA fees cost Rs 66000 and others cost Rs 100000 or more for full course.

No, there are no hidden fees in the IGNOU online MBA fee structure; however, one-time registration fee, examination fee per subject and practical fee are excluded from the tuition fee.

Yes, IGNOU Online MBA fees include study materials; however, the learning resources are thoroughly available on digital platforms, LMS and the e-GyanKosh digital repository of the university.

IGNOU MBA fee is fully refundable before admission confirmation, 15% deduction (max. Rs 2000) after admission confirmation and non-refundable if the cancellation is requested after 60days of confirmation.

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