IGNOU MBA | IGNOU MBA Fees Structure | IGNOU MBA Fees Refund Policy | Master of Business Administration – Candidates must be willing to know about the fees structure of IGNOU MBA Programme offered by the university; IGNOU. Here in this article, you’ll find all the details of IGNOU MBA Fees Structure. But Hold On! Before you step further you must be aware that all the information provided here regarding the IGNOU MBA Fees Structure is only applicable before you proceed for your Admission or Re-Registration.
Indira Gandhi National Open University offers various Master Courses for the students in the distance & open learning. The programme for IGNOU MBA – Master of Business Administration is provided to the candidates from India as well as to the International Students which are held twice in a year.
Here is the updated & revised fees structure for IGNOU MBA Programme. The complete or entire fees for Master of Business Administration (MBA) is provided to the candidates by year or semester. As IGNOU MBA Programme is for 2.5 years which is divided into five semesters, so candidates can opt for only four courses in each semester.
How To Pay Fees?
According to the current scenario for IGNOU MBA Fees Structure, students can pay their MBA Examination Fees & Registration Fees both through an online mode by:
- Debit/ Credit Card
- Net Banking
Candidates can also go with another option which is Offline Payment or an offline mode. In offline mode, the payment is made by:
- Demand Draft (DD)
- Cash Challan
IGNOU MBA Fees Structure [UPDATED] – Indian & Foreign Students
The IGNOU Fees must be paid in an online mode or through an offline mode viz; Demand Draft OR Cash Challan in favor of IGNOU from any scheduled bank or at the designated India Bank & IDBI Bank Branches.
IGNOU MBA Fees For Indian Students:
- Fees Per Course – Rs 1500/-
- Total Courses – 21
- Total Programme (MBA) Fees – Rs 31,500/-
IGNOU MBA Fees For International Students [SAARC Countries]:
- Fees Per Course – Rs 3000/-
- Total Courses – 21
- Total Programme (MBA) Fees – Rs 63,000/-
IGNOU MBA Fees For Non- SAARC Students:
- Fees Per Course – $250
- Total Courses – 21
- Total Programme (MBA) Fees – $7350
Above are the details of course fees for IGNOU Fees Structure. Besides this, candidates are also required to pay the examination fees (per course) during the time of MBA Examination.
When To Pay IGNOU Fees?
The Master of Business Administration (MBA) is a Master Degree Programme which the students apply once they had completed their graduation course.
If IGNOU Student wants to go with the online mode then he/ she have to make payment through an online mode only during the time of submitting the application form. But if the students wants to go with the offline mode then they had to pay them the desired fees through Demand Draft (DD) or Cash Challan from any scheduled bank in favour of IGNOU. The IGNOU MBA Fees must be sent to the concerned regional centre of IGNOU where IGNOU MBA Programme is offered.
Re-Registration Fees – In case the candidate fails to complete their course within 4 semesters, then he/ she needs to pay the sum of Rs 1500/-. If any candidate decides to change the course, then they are also required to pay the re-registration fees.
Project Course Fees- IGNOU MBA Students can also take up the project course MS-100 to get engaged in numerous application for the managerial concept. IGNOU MBA Course is equivalent to two main courses & so the candidates are required to pay the sum of Rs 3000 for getting admission into it.
IGNOU Fees Structure – Refund Policy
Candidates should be aware of the rules and regulations followed by the university; IGNOU. The instructions of IGNOU stated that IGNOU Fees once paid will NOT be refundable. IGNOU Fees will not be refunded to any of the candidates under any circumstances. The fees for the same are also not adjustable in place of any other respective programmes. Candidates will be held self-responsible for the cancellation of the fees due to any reason.
But if the University of IGNOU itself denies the application or rejects it, then the entire course fees of MBA Student will be appropriately refunded after deducting the registration fees of IGNOU MBA – Master of Business Administration.
Please Note- The refunded fees will be sent by the University to the particular candidate. It depends upon the method by which the payment was made i.e; either online or offline mode.
IMPORTANT NOTE
- Students must make sure that before submitting your DD (Demand Draft) to the regional centre of IGNOU, they must write their Name, Address & Enrollment Number at the back of their respective Demand Draft. This is because in case your DD gets misplaced. Please don’t worry about it. It will be secure due to the details which are mentioned in your DD.
- Candidates from the reserved category i.e; SC, ST, OBC, Physically handicapped etc. These students can apply for the scholarship which the Government of India had provided. All the students of PG Courses can apply. They can apply for the scholarship by filling up the scholarship form.
Also Check- IGNOU Course List with Fees Structure 2020
