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Being one of the most opted courses in the field of management and business administration, Online MBA in India has been widely pursued by professionals from various streams. This course lays the fundamental foundation to refine your business acumen and impart practical as well as theoretical knowledge to get into the arena of business. With this course, one can be the jack of all trades and at the same time the master of all and open doors to the top leading jobs. As attractive as a job after the MBA is, Entrepreneurship is also a lucrative option after the completion of this course.
| Particulars | Parameters |
|---|---|
| No. of Colleges | 100 (Approx.) |
| Fees | < INR 1 lakh: 81 INR 1-2 lakh: 67 INR 2-3 lakh: 18 INR 3-5 lakh: 16 > INR 5 lakh: 7 |
| Top Specialisations | Finance, Sales and Marketing, HR, IT and Systems, IB |
| Admission Process | Entrance Based: MAT, CAT, XAT, CMAT, etc. |
Why Pursue an Online MBA in India?
A traditional 2-year MBA program is quite expensive, especially when you’re opting to study abroad. Going for short-term MBA streams can be beneficial for someone with a financially modest background. With a lesser investment of both time and energy, an online MBA opens doors to a huge array of opportunities. It also offers the freedom of flexibility to attend e-lectures and virtual classes. There are ample Indian institutions with good accreditation extending their reach of online education.
Getting an online degree is the best way to nurture and take your career to the next level. Let us take a look at some of the prominent institutions offering the best online MBA in India for graduates and working professionals.
Also Read: MBA Entrance Exams: India And Abroad
Who Should Study Online MBA?
The online MBA programme is appropriate for a wide range of persons interested in earning an advanced degree in business and management. Candidates that could benefit from an online MBA include:
- Working individuals: An online MBA is excellent for working individuals who want to advance their careers.
- Entrepreneurs: Online MBA can be very beneficial to individuals who wish to acquire a strong foundation in business concepts and techniques in order to build their own firms.
- Career change: Individuals seeking a career move can pursue an Online MBA to gain the necessary business skills to transfer to a profession in business.
- Freshers: An online MBA can assist freshers earn a competitive advantage for future opportunities while still working full-time.
- Leadership Roles: An online MBA is extremely advantageous for individuals with numerous years of experience who want to advance in their own company/domain.
Top Colleges for Online MBA in India
Below the blog expands on the popular and well-known colleges in India offering online MBA.
National Institute of Business Management (NIBM)
A certified institution approved by the School of Distance Education, Bharathiar University, Tamil Nadu, NIBM offers different online MBAs in India for professionals to enhance their skills and develop business-related concepts. There are two categories under which the general and executive MBA are delivered – One Year Online MBA training and Fast Track One Year Online MBA training. Moreover, graduates can opt for a specialization in Marketing Management, Human Resources, Export Management and logistics & Supply Chain Management.
Eligibility Criteria: Students are required to have a bachelor’s degree or equivalent in any field. Those opting for executive MBA courses should have a work experience of at least 6 months. A graduate degree in any subject from a recognized institution would suffice to get admitted here.
Symbiosis Centre for Distant Learning (SCDL)
The institute offers certificate, diploma and postgraduate diploma programs across industry sectors including International Business, Banking and Finance, Business Management, Information Technology, Customer Relationship Management, Education Management, Supply Chain Management, Insurance Management, Business and Corporate Law and Entrepreneurship Development. Moreover, it has received several awards for its excellence in providing dynamic courses with updated curricula and faculty.
Eligibility Criteria: The students should have a bachelor/graduate degree in any discipline from an accredited university. Those who are in the final year of their degree program and are awaiting results are eligible to apply provided they qualify for the exam before the admission process.
Amity University
Aspiring to provide world-class education to Indian students, Amity University is known for offering specialised online MBA in India in Healthcare Management, Global Finance Markets, Entrepreneurship & Leadership, International Business, Retail Management, Insurance Management, Operational Management, Finance & Accounting, etc. Students can easily study anywhere and anytime with the study material both online and offline. Also, for working professionals, there is a fast-track program as well.
Eligibility Criteria: The candidate should have completed graduation with an aggregate of at least 40% from a recognised institution. Moreover, one should have adequate knowledge of the English language.
ITM University
With their professional approach, ITM has the vision to incorporate in their students a competitive edge by equipping them with futuristic and comprehensive education via advanced technology-based programs. This is one of the most popular colleges providing an environment that helps in shaping a student’s mind. Besides, general online MBA in India, offer specialised courses in Operations, Marketing, Finance and Human Resource.
Eligibility Criteria: In order to pursue the online course, the student should be a graduate in any field or equivalent from an accredited institution. Also, final-year students are eligible to apply.
Welingkar – WeSchool
Their goal is to empower strong souls and inventive minds with stellar education to bridge the gap between the demands of the industry and academics. They believe in providing the students with the chance to explore the unconventional programs in MBA which is why the school offers a PGDM (Post Graduate Diploma in Management) Hybrid Learning program which is equivalent to an online MBA or a part-time MBA. These are offered with several Management specializations like E-commerce, E-Business, Rural & Agribusiness, International Business, Media & Advertising, IT projects, Finance, Banking, Investment & Insurance, Marketing, Business Administration, Travel & Tourism, Supply Chain, etc.
Eligibility Criteria: You should have a graduate degree in any subject from a recognized institution.
Pondicherry University
Pondicherry University has been accredited with an ‘A’ Grade by NAAC and offers excellent courses in a friendly environment and state-of-art infrastructure along with highly qualified faculty. Through the Directorate of Distance Education, the institution offers different online MBAs in India in Marketing, International Business, Human Resources and Finance, besides General MBA.
Eligibility Criteria: Applicants are supposed to have completed their undergraduate degree or equivalent from a recognised university.
Online MBA in IIM
| College | Course | Fees |
|---|---|---|
| IIM Raipur | Post Graduate Program in Management for Working Executives (PGPMWE) | INR 12,61,000 |
| IIM Ahmedabad | ePost Graduate Programme (ePGP) | INR 20,00,000 |
| IIM Lucknow | Working Managers’ Programme (WMP) | INR 13,55,000 |
| IIM Ranchi | Certificate Programme in General Management (CPGM) | INR 3,00,000 |
| IIM Indore | General Management Programme for Executives (GMPE) | INR 3,50,000 |
Also Read: Top MBA Colleges in India
Eligibility Criteria for Online MBA in India
The prerequisites for enrolling in an online MBA program are the same as those for on-campus MBA programs. Since many online MBA programs have received UGC approval, the fundamental eligibility requirements stay the same. The qualifying requirements to enrol in an online MBA program in India are listed in the space below.
- Candidates for an online MBA should have finished a graduate degree program from an accredited university or an equivalent.
- Many institutions have a cutoff number for graduation. For unreserved categories, institutes typically demand a minimum score of 50%, and for reserved categories, a minimum score of 45%.
- Candidates with professional degrees in CA, CS, CMA, and others can also seek MBA
- A specific institute may have additional requirements for work experience in addition to the conditions mentioned above when determining who is eligible for an online MBA.
Popular MBA Exams for Online MBA in India
| Exams | No. of Colleges Accepting the Exam |
|---|---|
| MAT | 35 |
| CAT | 34 |
| XAT | 33 |
| CMAT | 9 |
| GMAT | 5 |
Online MBA in India: Specialisations
Below mentioned are the popular specialisations of online MBA in India along with the number of colleges offering the same.
| Specialisations | No. of Colleges |
|---|---|
| Finance | 65 |
| Sales & Marketing | 58 |
| Human Resources | 57 |
| International Business | 33 |
| Operations | 28 |
Future Scope: ROI of Top Online MBA Colleges in India
ROI, or return on investment, is the measurement of how well a particular school performs in comparison to its average placement package. Course fees are considered the students’ investment when determining an institute’s return on investment, while yearly CTC represents the students’ return on investment. One of the key elements that aid candidates in selecting a school is ROI.
For example:
| College Name | Total Tuition Fee | Average Median Package |
|---|---|---|
| Satyabhama Institute of Science and Technology | INR 90,000 | INR 5.05 LPA |
Job Roles
With an online MBA in India, students can be expected to land in the following roles.
- Sales Manager
- SEO Manager
- Supply Chain Manager
- HR Manager
- Marketing Manager
- Business Analyst
- Digital Marketing Manager
- Finance Manager
- Account Manager
- Marketing Analyst
- Business Administrator
Online MBA in India Recruiters
Some of the recruiters are mentioned below.
FAQs
Amity University, Bangalore University, Jain University Online, Annamalai University Online, and ICFAI University Online are some of the best online MBA colleges in India.
Yes, as long as the degree was obtained from a reputable and well-known institution, online MBA programs are accepted by employers. In order to advance their career paths, students should also have received excellent grades or marks in the program.
Employers are more accepting of online schooling than ever. According to recruiters, most employers approve job candidates with online MBAs from reputable institutions, according to U.S. News & World Report.
It is quite interesting to know that employment opportunities are multifarious after completing an online MBA in India and abroad. You can also look for a distance learning MBA program to remove a roadblock between you and your entrepreneurial ambitions. If you’re planning to take your aspirations abroad and want to know the best place to start, book your 30-minute free career counselling now with Leverage Edu. All the best!
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