Online MBA 2024: Course Eligibility, Admissions, Fees, Syllabus, Exams, Top Colleges & Careers
An online MBA is a two-year postgraduate degree programme in management and business administration. More than 60 government and private colleges in India offer online MBA degree programmes in various specialisations.
In India, an online MBA is entitled by UGC and offered by UGC-approved universities. The average fee of an online MBA can range from Rs. 30,000 to Rs. 5,00,000, depending on the college. Candidates with a bachelor’s degree are eligible to apply for online MBA courses in India.
Many colleges also consider scores of management entrance exams like CAT, MAT, XAT or SNAP as part of their online MBA admission. As an online degree in management has become a popular choice, aspirants also have the option to pursue an online MBA from IIMs. After completing an online MBA programme, a graduate can earn an average salary of Rs 9 LPA.
- What is an Online MBA?
- Online MBA Highlights
- Why Study Online MBA?
- Who Can Pursue an Online MBA?
- Online MBA Eligibility Criteria
- Online MBA Admissions 2024
- Online MBA Entrance Examinations
- Online MBA Fees
- Online MBA Syllabus
- Types of MBA Courses
- Top Private Online MBA Colleges in India
- Top Government Online MBA Colleges in India
- What After Online MBA?
- Conclusion
What is an Online MBA?
An online MBA is a graduate-level management programme that provides students with knowledge of business administration. It equips them with the skills essential to gain management positions or become entrepreneurs. The course also allows them to pursue their programmes in their chosen specialisations.
Some of the popular specialisations in an online MBA include finance, marketing, international business, healthcare management, cybersecurity, HR management, IT, operations management, and more. Pursuing an MBA degree online is more affordable and accessible than a regular master of business administration (MBA).
Online MBA programs are delivered virtually mostly on weekends and after business hours, which allows students to pursue from anywhere and at their convenience. Admission to these programs is provided based on merit or academic performance.
After completing an online MBA programme, graduates can explore numerous career options in diverse areas as project managers, HR managers, and accountants. Some of the popular employment areas are banking, finance, e-commerce, healthcare, real estate, IT, advertising, entertainment, and more.
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Online MBA Highlights
Several top colleges and universities in India offer online MBA courses in a range of specialisations allowing students to pursue the programme based on their interests. The following table highlights the details of online MBA degree courses, including eligibility criteria, top colleges, admission process, fees, career opportunities, and top recruiters.
| Particulars | Value |
|---|---|
Course Name | Online MBA |
Full Form | Master of Business Administration |
Course Type | Degree |
Course Level | Postgraduate |
Duration | 2 Years |
Eligibility Criteria | Bachelor's and Work Experience (required for some programmes) |
Online MBA Admission Process | Merit and Entrance Examination |
Entrance Exams | CAT, MAT, XAT, SNAP, GMAT, CMAT |
Online MBA Specialisations | Marketing, Finance, Operations Management, Human Resource Management, Business Analytics, International Business |
Online MBA Course Fees | Rs. 30,000 to Rs. 500,000 |
Top Online MBA Colleges | Amity Online, Manipal University Online, Jain Online, UPES Online, IFHE Hyderabad |
Career Opportunities | Financial Advisor, Finance Manager, Project Manager, Business Development Manager, Advertising Manager, Brand Manager, Marketing Manager |
Average Annual Salary | Rs. 955,000 |
Employment Areas | Finance, Banking, Insurance, Advertisement, Human Resource Management, Marketing, Entertainment, Information Technology |
Top Recruiters | Amazon, Flipkart, Microsoft, TCS, HCL, Deloitte |
Why Study Online MBA?
There are numerous benefits of online MBA programmes. Students can develop organisational and management skills for the sustainable growth of their businesses. An online MBA course also offers greater flexibility and convenience, which particularly makes it beneficial for working professionals.
An online MBA programme comes with a robust curriculum which involves core subjects, electives, case studies, and industry projects, with an opportunity to participate in internships. With this programme, individuals cannot only enhance their business management knowledge and skills but also improve their career prospects in their desired fields.
Given below are several other reasons to pursue an online MBA:
- Self-paced learning
- Career advancements
- Higher salary
- Vast employment opportunities
- Industry exposure
Who Can Pursue an Online MBA?
Individuals who want to improve their business management skills and enhance their career prospects can pursue an online MBA programme. It is ideal for both graduates and working professionals to excel in the management field. There are several universities that offer online MBA programs for working professionals, allowing them to pursue it at their own pace and convenience.
An online MBA is apt for:
Working Professionals: Individuals who are working and looking to improve their career prospects.
Entrepreneurs: Business owners and entrepreneurs who want to develop a strong foundation in business concepts and management strategies for their businesses.
Career Changers: Individuals who are looking for a career transition within the business world.
Recent Graduates: Freshers or graduates who have recently completed their bachelor’s degree and are looking to gain a competitive edge in today's business world.
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Online MBA Eligibility Criteria
The eligibility criteria for MBA online courses vary among institutes. The minimum online MBA qualification is a bachelor's degree. Candidates must meet the following eligibility requirements to get admission to top online MBA colleges in India:
Educational Qualifications:
Bachelor's degree in a relevant discipline from a recognised university
A minimum aggregate mark of 50% (45% for SC/ST)
Final-year students are also eligible to apply for MBA online courses
Aptitude Test:
Candidates are required to sit for management entrance exams as some colleges consider scores of XAT, CAT, MAT, CMAT, and SNAP as part of their admission process.
Candidates must have qualified for the exam with a minimum online MBA cut off
Some colleges like Manipal University Online conduct their online aptitude test as part of the application process.
Work Experience:
While it is not mandatory, having a certain year of work experience in a relevant field would be an added advantage
The work experience requirement may vary from one institute to another, however, the minimum requirement is 3 years after graduation
Age:
There is no age bar to apply for online MBA courses in India
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Online MBA Admissions 2024
The admission process for online MBA courses may vary from one institute to another. The common online MBA admission process includes the submission of an online application form with relevant documents and MBA online course fees. Candidates need to follow certain points to get enrolled in top business schools for online MBA:
Online Application Form:
Must visit the official website of the university of your choice and meet the admission requirements
Complete the application process by entering the required details - personal, academic and work experience
Uploading of Documents:
Upload the necessary documents while filling in the application form
Documents required for online MBA admission include a bachelor's degree mark sheet and certificate, a work experience certificate (if any), letters of recommendation, and a Statement of Purpose (SOP)
The document requirements may vary depending on the college.
Application Fees:
After filling in the application form and uploading the relevant documents, pay the requisite application fee to complete the online MBA admission process.
Also Read:
- Top 10 Indian Universities Offering Online Degrees
- 150+ UGC Approved Online Degree Courses by Top Universities
Online MBA Entrance Examinations
While many universities offer direct admission to an online MBA programme based on merit, some consider scores of MBA entrance exams. Candidates need to secure valid scores to meet the online MBA cut-off of their preferred universities. The following table lists some of the popular entrance exams for online MBA courses in India.
MBA Exams | Details |
|---|---|
The Common Admission Test is one of the popular MBA entrance exams in India. It is conducted on a rotational basis by IIMs. Many B-schools consider CAT scorecards for their online MBA admission. | |
The Xavier Aptitude Test is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to MBA online programs. | |
All India Management Association (AIMA) conducts the Management Aptitude Test (MAT) four times a year in February, May, September and December. Taking MAT is the best option to get admission to online MBA colleges in India. | |
It is a national-level entrance exam conducted by Symbiosis International University for admission to its PGDM courses. Candidates can also apply for admission to other management universities and colleges with SNAP. | |
The National Testing Agency (NTA) conducts the CMAT exam annually for admission to management courses. CMAT is held in an online (computer-based) mode and is valid for admission to online MBA/PGDM colleges in India. |
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Online MBA Fees
MBA online course fees may vary depending on the institute, ranging from Rs. 30,000 to Rs. 500,000. The fees may include various other charges for the facilities that the colleges provide to students as well as faculty such as hostel and transportation fees. The table below depicts the online MBA course fees of colleges in India.
Online MBA Colleges | Online MBA Fees |
|---|---|
Rs 1,75,000 | |
Rs 1,79,000 | |
Rs 67,000 | |
Rs 1,20,000 | |
Rs 76,000 | |
Rs 1,70,000 | |
Rs 2,00,000 | |
Rs 2,00,000 | |
Rs 1,60,000 | |
Rs 65,500 |
Online MBA Duration
The minimum online MBA course duration is two years. Some universities also allow students to complete the programme with a maximum duration of four years.
The duration of an online MBA may vary depending on the student's pace of study, course curriculum, and the institute. The programme offers flexibility to meet the needs of working professionals and individuals with other commitments.
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Online MBA Syllabus
The syllabus of an online MBA comprises foundational and core subjects, with electives and capstone projects. The curriculum also offers various specialisations that students can choose based on their areas of interest. The online MBA syllabus may vary depending on the institution and the specific specialisation.
In the table below, we have mentioned the semester-wise online MBA syllabus of Amity Online.
| Online MBA 1st Year Subjects | |
|---|---|
Semester 1 | Managerial Economics |
Statistics for Management | |
Professional Comunication | |
Accounting for Managers | |
Marketing Management | |
Semester 2 | Legal Aspects of Business |
Financial Management | |
Business Research Methods | |
Human Resource Management | |
Conflict Resolution and Management | |
Online MBA 2nd Year Subjects | |
Semester 3 | Strategic Management |
Professional Ethics | |
Minor Project | |
Semester 4 | Management in Action - Social Economic and Ethical Issues |
Digital Marketing | |
Major Project | |
Popular Online MBA Specialisations
An online MBA degree is offered in different specialisations that students can choose from based on their area of interest. Some of the popular online MBA specialisations are as follows.
- Online MBA in Finance
- Online MBA in Marketing
- Online MBA in Human Resource Management
- Online MBA in Project Management
- Online MBA in Pharmaceutical Management
- Online MBA in Operations Management
- Online MBA in Business Analytics
- Online MBA in Healthcare Management
Skills Required for Online MBA Courses
Students willing to study an MBA online must possess unique skill sets to enhance their learning experience and upgrade their knowledge. These skills will help them in their work setup and career growth. Given below are some of the key skills for online MBA courses:
- Communication
- Project Management
- Leadership
- Eye for Details
- Organisation
- Strategic Thinking
- Decision Making
- Time Management
Also Read: UGC Approved Online MBA Colleges in India for Working Professionals
Types of MBA Courses
An MBA degree programme is one of the popular courses among students and working professionals. Apart from online MBA and regular MBA programmes, MBA degrees are also offered in multiple modes of education, which help students to complete their programmes at their convenience. Some of the types of MBA courses are:
Top Private Online MBA Colleges in India
There are more than 35 private colleges in India that offer the best online MBA programs in various specialisations. However, it is difficult for candidates to choose the best colleges. To make it easier, we have prepared a list of some of the top private online MBA colleges in India.
| Private Online MBA Colleges | Total Online MBA Fees |
|---|---|
Amrita Vishwa Vidyapeetham, Coimbatore | Rs 1,70,000 |
Rs 80,000 | |
Rs 3,16,000 | |
KL University Guntur | Rs 65,500 |
Rs 1,60,000 | |
Rs 2,00,000 | |
Rs 76,000 | |
Chitkara University | Rs 2,00,000 |
Rs 1,20,000 | |
Rs 2,00,000 |
Top Government Online MBA Colleges in India
More than 12 government colleges in India allow students to pursue an MBA course online. The fees at government colleges are more affordable than private colleges. Candidates must visit their preferred colleges and enroll after meeting admission requirements. Given below is the list of some of the top government online MBA colleges in India.
| Government Online MBA Colleges | Total Online MBA Fees |
|---|---|
Rs 20,00,000 | |
Rs 8,25,000 | |
Rs 48,000 | |
Rs 71,000 | |
Rs 91,000 | |
Rs 80,000 | |
Rs 80,300 | |
Rs 36,000 | |
Rs 68,625 |
What After Online MBA?
There are various career options available for students after completing an online MBA. They can enter both the private and public sectors. Some of the online MBA scope include finance, marketing, operations, accounting and management, real estate, e-commerce, retail, fashion, hospitality, healthcare, and others. Graduates can also excel in leadership and managerial positions in top businesses.
Some of the popular online MBA job roles are as follows:
Manager: A Manager is a senior-level role. He or she is responsible for managing a department or overseeing various operations. Managers also coordinate with the staff and supervise them.
Sales Manager: A Sales Manager heads the sales department. He or she guides the sales personnel, assigning them monthly targets and supervising their performance. Sales managers may also provide them with training to upgrade their skills to improve sales performance.
Marketing Manager: A Marketing Manager is responsible for promoting and positioning the products and services of a company for higher sales conversion. He or she plans strategies for marketing campaigns to attract customers.
Financial Advisor: A Financial Advisor is another one of the highest-paying MBA jobs. He or she is responsible for providing financial services to clients based on their financial situation.
Brand Manager: A Brand Manager is a professional who builds brand value and changes public perceptions of a brand. He or she focuses on the organisation’s goals and maximum profit.
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Online MBA Salary in India
The salary of an online MBA graduate may vary depending on the specialisation chosen, experience level, industry type, and job location. In India, an individual with an online MBA degree can earn an average salary of Rs 955,000 p.a. The following table shows the list of MBA salaries based on different job profiles.
| Job Profiles | Average Salary (annually) |
|---|---|
Business Manager | Rs. 10,08,974 |
Sales Manager | Rs. 6,05,589 |
Marketing Manager | Rs. 7,32,094 |
Brand Manager | Rs. 8,01,641 |
Accountant | Rs. 2,89,070 |
*Source: PayScale
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Online MBA Top Recruiters
Several top companies in India and abroad offer various employment opportunities to online MBA graduates. These companies recruit candidates to meet their business objectives and goals. Some of the top recruiters for online MBA graduates are given below:
- Amazon
- Flipkart
- Swiggy
- HCL
- TCS
- Deloitte
- JP Morgan Chase
- Microsoft
Also Read:
- Online MBA in Data Science from Top Universities
- Online MBA in Digital Marketing: Course Details, Colleges, Careers
Conclusion
An online MBA provides learners with knowledge and skills in business and management while creating numerous lucrative career opportunities in diverse fields. One can pursue a career in the public and private sectors and apply leadership skills in the real business world.
Frequently Asked Question (FAQs)
While it is not mandatory, candidates with a certain year of work experience would get an added advantage for MBA online admissions. Several best online MBA colleges look for candidates with work experience.
This management programme comes with great flexibility, particularly making it beneficial for working professionals who are unable to attend classes in person. The programme allows them to study while working at their own pace and convenience.
Pursuing an MBA degree online equips learners with advanced business administration and management concepts. It provides them with a vast career scope in both private and public sectors to take their careers to new heights.
IIMs like IIM Ahmedabad, IIM Ranchi, IIM Bangalore, IIM Kozhikode and IIM Lucknow offer the best online MBA programs with specialisations in different areas of management.
Both MBA programmes hold the same value as per UGC guidelines. They provide advanced business concepts and management practices while opening room for a variety of career options.
Online MBA courses do not only provide an in-depth understanding of business and management concepts. It also creates various career opportunities for students in diverse fields.
Big 4 (Deloitte, PwC, KPMG and EY) are globally recognised professional services firms. As getting into these firms requires business skills and industry knowledge, online MBA courses are a great option for freshers and professionals to advance their qualifications.
The minimum duration of an online MBA is 2 years, with a maximum duration of 4 years. The course duration may vary depending on the student's pace of study.
You can pursue an online MBA degree after completing your bachelor's degree. If you are in the final year of graduation, you can apply for the programme. You can even enroll in the course while working.
An online MBA is a 2-year management degree programme for both freshers and working professionals. Conversely, an Executive MBA is a specialised programme for working individuals spanning 15-24 months.
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Questions related to MBA
Hello,
Following colleges provide MBA in fire safety management-
National Institute of Fire Engineering & Safety Management Lucknow
Eduvista Skillpower Academy
National Institute of Fire Engineering & Safety Management, Delhi
These are some great options for a degree in MBA.
Hope this helps you,
Thank you
Hello,
Deciding whether to pursue admission at NMIMS Navi Mumbai for an MBA depends on various factors such as the reputation of the institution, the specific MBA program offered, faculty expertise, alumni network, placement opportunities, and your career goals.Consider researching and comparing these aspects with your own aspirations and preferences. Additionally, you could reach out to current students or alumni to get insights into their experiences.
Hope this helps you,
Thank you
https://www.careers360.com/courses/mba-master-of-business-administration
Hello,
There are several reputable universities offer free online MBA courses, but not all provide certificates or credentials. However, platforms like Coursera, edX, and FutureLearn offer free courses from top universities and institutions that often provide certificates upon completion.
hope this helps,
Thank you
Hello aspirant,
Here below I am providing you with the name of some of the top colleges for MBA with low fees:
- FMS, Delhi
- MSU Baroda
- Delhi School of Economics, DU
- Department of Financial Studies (DFS), DU
- Tata Institute of Social Sciences (TISS), Mumbai
- FMS BHU
For more information you can visit our website by clicking on the link given below.
https://bschool.careers360.com/articles/mba-colleges-in-india-with-low-fees
Thank you
Hope this information helps you.
I have completed my B.Tech in 2021 .After that I am preparing for government jobs .I have less than 60 percentage in 10th & 12th .I want to go for online mba ? Which one should I choose ?
10 th and 12th marks matter in mba placements ?
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