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IGNOU MBA Admission 2020-21: Eligibility, Course Details

IGNOU MBA Admission 2020-21: The Indira Gandhi National Open University (IGNOU) is known to be one of the prominent universities in India which offers thousands of programmes at the higher level of education through distance learning. The main campus of the university is located in New Delhi. Candidates, who want to pursue a Master’s programme in managment, can apply for admission into the IGNOU’s School of Management Studies (SOMS). The university offers ‘Master of Business Administration’ (MBA) and ‘Master of Business Administration’ (Banking & Finance) (MPB)through the ‘SOMS’. IGNOU has various regional study centres set up in different cities of India where candidates can apply for admission.

In the given write-up, aspiring candidates can get all the important information about the IGNOU Master’s Degree courses in Management which is offered by IGNOU’s School of Management Studies. Candidates can know about the admission fee, admission process, and the eligibility criteria for admission to the management programme.

Avialable Application Form 2020

Details of IGNOU MBA 2020

Candidates, who have completed their graduation/bachelor’s degree as per the details provided the table, can apply for admission to pursue the desired programme. The following points describe the details of the MBA programmes offered by the SOMA:

  1. Details of the Master of Business Administration (MBA)
  • The MBA Programme is comprised of 21 courses in total.
  • The fees of each course is Rs. 1500/- (i.e. total fees is 21X1500 = Rs. 31500).
  • These courses consist of Integrative Modules and after completing successfully all the modules, candidates will be awarded the relevant Diploma/PG Diploma as stated above. 
  1. Master of Business Administration (Banking & Finance) (MPB)
  • The ‘Master of Business Administration’ (Banking & Finance) (MPB)is provided under the collaborative auspices of ‘IGNOU’ and the Indian Institute of Banking and Finance (IIBF).
  • The course is intended to offer an opportunity for postgraduate academic qualification in Banking and Financial Services to the members of the IIBF.
  • The management programme in Banking & Finance has been designed to meet the personalized needs of banking professionals with CAIIB certification.

Master’s Programmes offered by the SOMS and Eligibility Criteria and the Fee amount 

Candidates must have obtained the necessary qualification in order to be eligible to take admission in the SOMS to pursue the management programmes as mentioned. Candidates can get all the required information about the MBA courses eligibility criteria and the fee structure in the following table:

S.No. Name of the Programmes Required Educational qualification Fee amount
1. Master of Business Administration (MBA) Bachelor’s degree in any discipline with 50 % marks for general category and 45 % for there served category with 3 years managerial/supervisory/professional experience. OR


Professional Degree with 50% marks inMedicine / Engineering/ Cost and Works Accountancy(ICWAI) / Chartered Accountancy (ICAI) / Chartered Secretary-ship (ICSI), and Law.

Rs. 31,500
2. Master of Business Administration (Banking & Finance) (MPB) Candidatesmust be a graduate from a recognized university AND


The aspirant must have passed the CAIIB examinations of Indian Institute of Bankers, Mumbai and obtained the necessary qualification/ credentials thereof by the InstituteAND

The aspirant must have been working in the field of banking or financial service sector for a period of minimum two years.

Rs. 31,500

Fee Details

  • Candidates need to pay the course fee of the management (MBA) programme at the time of admission in the IGNOU’s SOMS.
  • The regional study centres of IGNOU accepts the admission fee through the demand draft (DD).
  • The Demand Draft (DD) for the admission fee,which banks issue to the candidates, must be drawn in the favour of IGNOU which will be payable at the respective Regional Centre.

The fee details of all the IGNOU Master’s Courses of the ‘School of Management Studies’ have been given in the following table: 

S.No. Name of the course Min and max duration of course Min and max age limit
1. Master of Business Administration (MBA) 2.5 Years- 8 Years No bar
2. Master of Business Administration (Banking & Finance) (MPB) 2.5 Years- 8 Years No bar

IGNOU admission

IGNOU School of Management Studies (SOMS)

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