IGNOU MBA admission vs Regular MBA Which is best in 2024?

In this post, I will discuss IGNOU MBA admission v/s Regular MBA, with special reference to distance education.

You’ll find a detailed comparison of these popular course here with live proof.

I’m going to compare the following in terms of:

• Mode of Learning
• Duration
• Flexibility
• Curriculum
• Faculty
• Fees
• Placements

And many more 

I have written this article for students who want a management degree. So if you are planning to apply IGNOU MBA admission in 2024 surely this post will helpful for you.

IGNOU MBA admission vs Regular course

The Indira Gandhi National Open University offers ODL programs, which differ from various universities regular courses. IGNOU MBA course is very popular in the distance education industry.

Do you know why? Let’s check the reason.

Here we have mentioned the top 10 difference between regular and distance course.

Mode of Learning

The IGNOU MBA admission 2023 is an open learning Programme where no need to attend regular classes, while the regular is a full-time classroom-based.

Duration

We can complete correspondence MBA from IGNOU in a minimum of 2 years and a maximum of 4 years, whereas a regular program takes two years.

Flexibility

It offers flexibility in course completion timeline, study pace, and exam schedule, while regular have a more fixed schedule.

Curriculum

The IGNOU MBA distance education curriculum is more practical and industry-oriented, while the regular may be more theoretical.

Faculty

The faculty includes both full-time and part-time teachers, while regular Programme only have full-time professors.

Study Material

They provide study materials in soft copy and printed books, after confirming admission, while regular universities use textbooks and other printed materials.

Fee structure

IGNOU MBA fees per semester are lower than other because it is under a central government institution.

Placements

Open learning institutions do not guarantee job placements, but regular college offer better opportunities for placements and internships.

Reputation

Formal programs from top-ranked college have higher reputations than distance education, but you can’t deny NAAC has granted Indira Gandhi National Open University A++.

Networking

Regular courses offer better networking opportunities through alumni associations and daily events, while distance education may not provide the same networking opportunities.

IGNOU university MBA Admission stats

According to an RTI report, in 2023, the number of IGNOU MBA Admission stood at 45851.
We have collected this data from January 2020 to January 2023:

In the January 2023 session, the total enrollment is 206304, including management courses.

The current number of IGNOU MBA admissions 2023 is 8266 for the January session.

Check the session wise admission stats.

NOTE-Management programme was on offer till January 2021 as MBA, PG Diploma (specialization) course, now it is on offer from July 2021 as an independent.

Eligibility criteria

The minimum eligibility criteria for pursuing an MBA through IGNOU 2023 is a Bachelor’s degree in any discipline from a recognized university with a minimum duration of three years.

• Candidates who have graduated with a CA, Cost Accountant, BA, BCOM, BBA, or similar degree can get in.
• No age bar
• They must have at least a 50% score in Bachelor’s degree.
• Regarding the reserved category, which is 45%.

Latest Updates

University has published new admission notifications for the July session. IGNOU MBA admission 2023 last date is 20th October 2023. 

Duration

1. Minimum: 2 Years 
2. Maximum: 4 Years

IGNOU distance MBA review 2023-24

Master of Business Administration is a two-year program offered by the Indira Gandhi National Open University. The School of Management Studies runs the distance management program. 

It’s gives students a comprehensive understanding of various management and business administration aspects.

IGNOU distance MBA course is flexible and allows students to study at their own pace and at convenience. Their fees are a cost-effective option for everyone. 

While a regular college provides more structured learning, better networking opportunities, and a higher reputation in the job market.

For the IGNOU MBA admission, you need a bachelor’s degree with at least 50% marks. If you belong to the SC/ST category, you only need 45% marks.  Upon completing the program, the university provides a certificate, recognized by the UGC and other regulatory bodies in India.

It is only available in English. 

IGNOU MBA online admission process

Indira Gandhi National Open University is now taking applications for online admission. It’s offers excellent skills in management, communication, leadership, and more. 

If you are searching for how to get admission in IGNOU for MBA course, follow the below steps to sign up: 

Username

Applicant Name

Email ID

Password

Mobile Number

Captcha code.

Once the applicant has registered, they can proceed with the admissions process.

To fill out the request form for IGNOU MBA Admission 2023, students had to follow the steps below.

First, fill out the application from the official page.

Upload all scanned papers.

Select the study centre where you want to take the classes.

Click on the application form and send it in

Get a copy of the application form by downloading it After the confirmation, you will get an ID card.

Documents Required 

• JPG format photos should not be larger than 100 KB for passport size.
• The scanned copy of the signature shouldn’t be over 100 KB in JPG format.
• Each of your previous academic records shouldn’t be over 100 KB-JPG.

IGNOU MBA courses list with fee structure

IGNOU MBA fees are Rs 15550 per semester

Registration Costs: 300 Rs

Term-end exam fee: 200 Rs

Note: The above fees are subject to change, and we advise students to check the official website for the latest fee structure.

University provides Master of Business Administration with various specializations.

MBA in HR

The program in human resource management is ideal for those pursuing careers in HR management, including roles like HR generalist, specialist, business partner, talent management specialist, organizational development specialist, and more.

Finance

The IGNOU MBA Financial Management is best for those who want careers in finance, accounting, banking, and other related fields.

Program is designed with the skills and knowledge needed to pursue various roles, such as financial analyst, investment banker, portfolio manager, financial planner, and more.

Marketing

Marketing Management is best for those who want to make careers in various fields, such as marketing manager, product manager, brand manager, marketing research analyst, digital marketing specialist, and more.

Operations management

The IGNOU MBA distance learning (Operations Management) program is best for those who want to make careers in operations management, such as operations manager, production manager, supply chain, project manager, logistics, and more.

IGNOU MBA syllabus 2023-24

We have mentioned the semester wise syllabus list you can check the below.

1st semester	2nd semester
Management Functions and Organizational Processes	Information Systems for Managers
Human Resource Management	Management of Machines and Materials
Business Environment	Managerial Economics
Accounting for Managers	Social Processes and Behavioral Issues
Quantitative Analysis for Managerial Applications	Strategic Management
Marketing Management	Business Laws
Business Communication	Financial Management
3rd  SEMESTER	4th  SEMESTER
Research Methodology for Management Decisions	Advanced Strategic Management
International Business Management	Entrepreneurship
Project	Business Ethics and CSR
Select Four subjects from any specialization	Three subjects from any specialization

Specialization subject list for 3rd Semester

IGNOU MBA HR syllabus

Specialization Subjects	Specialization Subjects
Organizational Theory and Design	Human Resource Planning
Human Resource Development	Organizational Development and Change
Industrial and Employment Relations	Organizational Dynamics
Compensation and Reward Management	International Human Resource Management

IGNOU MBA finance syllabus

Specialisation Subjects	Specialisation Subjects
Working Capital Management	Security Analysis and Portfolio Management
Capital Investment and Financing Decisions	International Financial Management
Management Control Systems	Equity Markets
Management of Financial Services	Management of Insurance Services

IGNOU MBA Marketing Management syllabus

Specialisation Subjects	Specialisation Subjects
Consumer Behaviour	International Marketing
Sales Management	Marketing Research
Product and Brand Management	Integrated Marketing communication
Marketing of Services	Retail Management

IGNOU MBA Operations Management syllabus

Specialisation Subjects	Specialisation Subjects
Operations Research	Operations Management
Project Management	Management Information Systems
Logistics and Supply Chain Management	Maintenance Management
Material Management	International Logistics and Supply Chain Management

IGNOU MBA prospectus 2023 July

• To access the prospectus, you can follow these steps:
• Visit the official website. 
• Click on Common Prospectus
• Navigate to the Management department.
• Click on the link to access the documents in PDF format.
• Open the document and review the relevant information about the management program, including the syllabus, eligibility criteria, and other details.

Entrance exam 2023

The National Testing Agency conduct the test (NTA). Compared to other exams, like the CAT, the OPENMAT is a simple test. 

No entrance exam is required for doing MBA in IGNOU university 2023.

Study Materials

University offers MBA study materials that students can download or print out. Students get a 15% discount if they select soft copies of their books. University sends printed materials to the registered address. 

The Material Distribution and Production Division is in charge of this. If candidates choose digital books after taking IGNOU MBA admission online, they can find everything they need to study on the EGYANKOSH webpage.

You can also access the books by downloading the E-Content app from the Google Play Store.