What is the scope after Completing IGNOU MBA?

MBA

Admission in both IGNOU MBA courses is done on the basis of candidates’ score in IGNOU OPENMAT exam. IGNOU OPENMAT is conducted by the university twice a year usually in the months of February and August to provide admission to candidates in all the postgraduate level management programmes offered by it.    

What is the scope after completing IGNOU MBA?

A distance MBA degree from an open university like IGNOU always has a lesser scope as compared to a full-time MBA programme. MBA curriculum in most universities is highly extensive in which students are expected to go through regular case studies discussions and knowledge sharing. This aspect of an MBA course gets difficult to meet in the distance learning mode.

But a regular MBA course requires a huge investment in terms of both money and time. Therefore, IGNOU MBA is a blessing for those who are unable to pursue a full-time MBA due to financial or some other constraints.

Read: Future of Management Education: Full Time vs Distance Programmes

The value of an IGNOU MBA degree majorly depends on students. While some are able to make the best use of their degree through their hard work, others are unable to cope with the pressure. Given below are the pros and cons of pursuing an IGNOU MBA programme:

Pros of pursuing MBA from IGNOU

• Flexibility: Flexibility is one of the key highlights of pursuing IGNOU MBA, especially for working professionals. By pursuing MBA from IGNOU candidates can study at their own pace and can earn as well as learn at the same time.
• Cost-Effective: Distance MBA from IGNOU does not burn a hole in candidates’ pockets as compared to a regular MBA programme. The course fee of a distance MBA course from IGNOU is quite low and affordable for most candidates.

Read: 5 Things you get from a Distance MBA degree

• Comprehensive Study Material: IGNOU MBA offers one of the best study material to candidates prepared by professors from top institutions such as IIMs and IITs. Therefore with IGNOU MBA, candidates get to learn a lot within a limited period of time.   

Cons of pursuing MBA from IGNOU

Less Exposure: One of the major drawbacks of pursuing a distance MBA from IGNOU is that the course does not provide much exposure to candidates. Unlike regular MBA students, candidates do not get a chance to interact with classmates and various other people in the industry. Also, learning market trends from live experiences and case studies is not possible for students pursuing IGNOU MBA.

Less Recognition from Recruiters: Although IGNOU is one of the most reputed UGC recognised universities, recruiters usually prefer a regular MBA candidate over a distance MBA one. Also, the salary is not quite encouraging for distance MBA students as compared to regular MBA candidates.

No Interaction with Faculty: There is no personal interaction with teachers which affects the learning of IGNOU MBA candidates. It is very difficult to study comprehensive books without any mentors. Therefore, it is very important for candidates pursuing MBA from IGNOU to follow a disciplined routine along with sincerity towards studies.  

Job Opportunities after IGNOU MBA

After completing a distance MBA course from IGNOU candidates can find job opportunities in both the public and private sectors. Such candidates can apply for government jobs in banks, railways, airports, PSUs, etc. Apart from this, candidates can also look for private jobs in sectors such as Finance, Marketing, Human Resources, Accounting, Risk Management, and so on. Jobs for distance MBA pass-outs range from the typical finance and marketing executive roles to corporate managers, finance analysts, HR managers, sales managers, etc.

In a nutshell, distance MBA programme from IGNOU is most suitable for working professionals who wish to sharpen business and managerial skills without taking a career break. Flexibility in studies, assignments submission and exams help them sail through work smoothly while learning the latest skills to move ahead in the rapidly changing job market. 

Read: When is the right time to go for a distance MBA?