Today, in this era of the fast-moving world, management programs, especially MBA, are highly preferred by candidates because the course offers many lucrative career opportunities to the students.
IGNOU is one of the best institutions to study MBA degree courses especially if you don’t have more time to pursue classes and lectures on a regular basis. Today, a distance MBA from IGNOU is one of the best options for working professionals too because they want a viable alternative to advance their career along with their work. This MBA from IGNOU doesn’t let them quit their jobs and they can easily pursue their desired specializations at the widely acclaimed university.
Every specialization of IGNOU is provided with quality and full approval of University Grants Commission and AICTE. The institution provides all the courses with the recognition of the Education department of the Govt of India. The entrance tests conducted for IGNOU MBA are done by NTA; one of the premier testing agencies founded by the government of India for fair and good assessment. Candidates must prepare for the OPENMAT entrance test by checking the complete syllabus of the university.
IGNOU provides many specializations under the MBA degree program. One can easily take admission to the preferred courses and specialization.
The prominent specializations offered by IGNOU under MBA programs are:
- MBA in Marketing Management
- MBA in International Business Management
- MBA in Finance and Banking Management
- MBA in Human Resource Management
- MBA in Information Technology
- MBA in Supply Chain Management
- MBA in Operations Management
- MBA in Healthcare and Hospital Management
- MBA in Retail Management
- MBA in Project Management
- MBA in International Trade Management
- MBA in Hospitality Management
- MBA in Business Management
- MBA in Project Management
- MBA in General Management
- MBA in System and Operations Management
- MBA in Finance and Marketing Management
- MBA in Aviation Management
- MBA in Data Science and Analytics Management
- MBA in E-Commerce Management
- MBA in Fintech Management
- MBA in Investment Banking Equity Management
- MBA in Strategic Finance Management
- MBA in Leadership Management
- MBA in Power Management
- MBA in Oil and Gas Management
- MBA in Business Analytics Management
Every course specialization is offered with an aim to provide better placement opportunities and platforms to the students for managerial posts and business prospects. IGNOU MBA is created to make students capable of various roles for future prospects. One can easily choose the desired position that falls under the specific specialization of the management degree program.
Therefore, we can say that every specialization serves a specific purpose. For instance: an MBA degree in Finance and Accounts prepares the candidates for various career prospects and job opportunities in both govt and private organizations.
Also Read: Online MBA: Courses, Fees, Admission, Colleges 2023
MBA Specializations Covers a Specific Purpose
MBA from IGNOU provides a particular set of skills and knowledge to prepare students for various needs of the future. Today, there are many sectors that require various skilled professionals to fill up managerial and corporate positions. So, students after completing a specific MBA specialization can easily do jobs on the basis of their education and knowledge gained during the study of the specific MBA specialization. For example: If a student has completed an MBA with HRM, then he will be eligible to serve the department of human resources as per their understanding and knowledge. If a candidate selected MBA in Logistics and supply chain management, then he will be eligible for holding various types of positions in the management of supply chain and logistics.
Candidates before taking admission to the program of MBA must check the course structure and the specialization that he/she chooses at the time of admission.
Eligibility Criteria for MBA from IGNOU
IGNOU follows its own eligibility criteria and the same are mentioned in the prospectus of the MBA degree program or on the website of the varsity that is ignou.ac.in. The complete details regarding eligibility criteria are mentioned below:
Students must have attained a graduate degree with at least 50% marks in aggregate. It also includes degrees in Chartered Accountancy, Company Secretary-ship, cost accountancy and much more.
Candidates of reserved categories can seek relaxations in marks as they need to submit the certificate or mark sheet bearing 45% marks in aggregate in bachelor’s degree examinations.
An OPENMAT entrance is compulsory for getting admission to the course of an MBA degree program. Without this entrance examination, no admission will be allowed. The entrance examination is popular amongst universities as tough competition is seen among students for grabbing a single seat for the management degree program. So, at the time of filling out admission forms, candidates are required to check the details related to the entrance examination, date and fee etc.
Semesters and Fee
The MBA specializations consist of four different semesters and students are required to clear all the four semesters to be eligible for the award of a degree. The minimum course duration of the program is two years which can be easily completed in five years of flexible duration. IGNOU provides various types of flexibility to the students in completing the course.
In an MBA specialization, candidates are provided with a specific set of skills and knowledge as per the selected specialization of the MBA degree program.
Candidates are required to read 21 topics and subjects In all and each course will carry a fee of 1800 total which will be around 38000 in aggregate. Students and working professionals both have to pay the same fee. If the candidate is an international student, then the fee may vary. The university provides free submission flexibility as they can easily pay the same using the web portal of IGNOU and available fee payment options. The university takes very low fees as compared to other institutions and MBA colleges. You can check the course structure, fee, and eligibility criteria using the official prospectus of the varsity.
After completing a specialization in MBA, candidates are provided with a degree through the annual convocation and the candidates are free to search for jobs as per their skills and knowledge.