With the technological shift and digitalization, the demand for online courses is increasing daily. Online MBA courses are among the most soughed or popular methods. In this blog, we will learn about the online MBA programs in India.
An online MBA program is a type of distance learning MBA program in which the learner completes the course without attending a traditional college or institute. There is a main difference between distance learning and online learning. Online education allows for interactive classes, whereas distance learning emphasizes self-study.
Benefits of Online MBA courses
Being most popular nowadays the online MBA has some unseen advantages such as
Flexibility: Online learning is indeed a form of flexible learning that you can do from the comfort of your own home. There is no need to leave your current job, and you can learn from the comfort of your own home. One of the most important aspects of an online MBA program is the ability to learn at any time and from any location.
Cost efficiency: An online MBA program costs you much less than a regular MBA program. The operating cost of the online MBA program is less. Some programs even offer monthly fee payments, which is a better option for sponsored and low-income employees.
Credibility: MBA from an institute with a good accreditation and many prestigious awards has more credibility. It is always suggested that one should choose an MBA college or institute that has a good credit score. The top online MBA programs also have growing technological proficiency.
Online MBA highlights
|Method of teaching||interactive classes, assignments, seminars,|
webinars, case studies, discussion forums,
|Duration||1 to 4 years|
|Course fees||₹ 50,000/- to ₹ 5,00,000/-|
|Entrance exam||CAT, MAT, AMBA or|
college entrance test
|Eligibility||Graduation from a|
|Salary after course||₹ 6,00,000/- to 11,00,000/-|
Online MBA courses institutes in India
List Top colleges in India offering Online MBA Programs are:
- IGNOU, Delhi
- Amity University, Noida
- Symbiosis, Pune
- DY Patil online Pune
- Jain Online
- NMIMS, Mumbai
- online Manipal
- Bharti Vidyapeeth
- LPU Online
- ICFAI Hyderabad
- IMT Ghaziabad
- IIT, Delhi
IGNOU is one of the oldest universities in India offering an online MBA program. It has more than 3.5 lakh students enrolled for the different courses across the country and overseas. The university offers an Online MBA program of 2 – 4 years of duration. Admission to the program is twice a year (July & December).
The fee for the course is ₹ 62,000/-. Therefore, students are required to pay ₹ 15,000/- per semester. Apart from this, the university is approved by UGC, AUI, and AICTE and accredited with the highest grade “A” certificate by NAAC. There is no upper age limit for admission to the online MBA program.
Amity University, Noida
Amity’s online MBA is the only program in India that is ranked by QS globally. The university ranks among the top 3% of universities globally. Amity offers two years online MBA program in the following specializations: operation, human resources, marketing, retail, international business, information technology, insurance, and global financial market.
The course is affordable and is designed with the latest curriculum. The total fee for the course is ₹ 2,53,000/-. Amity also provides a virtual job fair to give placement assistance to online students. Some of the hiring partners at Amity are adobe, Hero, Dabur, Deloitte, HCL, Myntra, TCS, Lenskart, Flipkart, and so on.
Symbiosis Institute, Pune
Symbiosis Center for Online Learning (SCOl) offers a wide range of online programs. The online MBA program is a 2-year program for graduate students. The main benefit of joining the SCOL is there is a wide range of specializations, live online interactive classes, on-demand exams, and affordable fees.
The program is designed under the guidance of industry experts. SOCL has a web portal that can be easily accessed by mobile or web. Thus, SOCL has a large Virtual Campus that contains all the aspects of learning. The total fee for the course is ₹ 70,000/- i.e. ₹ 35,000/- per year.
DY Patil Online MBA, Pune
DY Patil Center for online learning (DPU- COL) offers a 2-year online MBA program in the following specialization Marketing Management, Human Resource Management, Finance Management, IT Management, Project Management, Operations Management, Hospital Administration & Health Care Management, International Business Management, FinTech Management, Business Analytics, Artificial Intelligence & Machine Learning, Logistics, Materials, and Supply Chain Management, Block Chain Management, and Digital Marketing Management.
The main motive of the DY Patil university is to Think Critically, Innovate Successfully, and Solve Problems Creatively. Online Learning is with the help of Interactive learning content, webinars, and recorded lectures. The fee for the course is ₹ 1,30,000/-.
Jain University Online
Jain online MBA is designed to improve domain knowledge and its applications in boosting business processes and decision-making. It is a full-time two-year degree course. The electives offered are Business Intelligence and AI, Finance and Marketing, Digital Marketing and E-commerce, Data Science and Analytics, International Finance, Information Technology, Systems and Operations Management, General Management, Strategic Finance, Healthcare Management, Advertising, and Branding, Project Management, and Logistics and Supply Chain Management.
Two-way online live interactive classes, recordings of lectures, experimental learning, self-study material, and Exhaustive e-content are some of the key highlights of the course. The fee for the course varies from ₹ 60,000/- to ₹ 1,25,000/-. depending on the elective chosen.
NMIMS Global Access School for Continuing Education (NGASCE) offers online MBA, Executive MBA, and Certification courses in management. The institute offers an online MBA in the following specializations Banking & Finance Management, Business Management, Digital Marketing, Financial Management, Wealth Management, Human Resource Management, Retail Management, International Trade, Supply Chain Management, and Marketing Management.
NGASCE delivers the course through Mobile & desktop apps, Live lectures, Digital Library, recorded lectures, and Discussion Forums. However, the institute also supports the learner through online chat and voice support system operation from Monday to Saturday from 9 AM to 7 PM. The fee for the course varies from specialization to specialization from ₹ 50,000 to ₹ 4,00,000/-.
Manipal University offers an online MBA as a 2-year degree course for which 15-20 hrs/week of study is required. The university awarded a UGC-entitled degree from a NAAC A+ accredited. The specializations offered by the institute are Finance, Marketing, Human Resources, Data Science & Analytics, Retail, BFSI, IT & Fintech, Operation, International Business, Information systems, Project management, Supply chain, & TQM.
The MUJ (Manipal University Jaipur) has its own enhanced digital learning platform that includes videos, tutorials, practice test papers, and quizzes. The exams are also conducted online in a secure and proctored environment. More than 50% of the faculty in the university is Ph.d. Holder. The fee for the full course is ₹ 1,50,000/-.
Bhartividya Peeth Online MBA
Bharati Vidyapeeth School Of Online Education provides students with high-quality education as well as all of the necessary amenities to accelerate and enhance their self-learning process. The specialization offered at the institute is human resources, marketing, finance, operation, and project management.
Lectures will be delivered live using Swayam LMS and a variety of teaching methods such as case studies, discussion forums, and assignments. This allows students to interact with experts while also encouraging innovation and conceptual learning. However, the fee for the program is affordable. It is ₹ 1,00,000/-. The total credit for the course is 102 Credits.
Lovely Professional University (LPU) offers two years online MBA program in Finance, Marketing, Data Science, Human resources, Operations, International Business, Information Technology, Digital Marketing, and Business analytics.
Live lecture classes on weekends, Expert master classes, recorded video lectures, online exams, and placement assistance are the highlighted features of the course. The total course fee is ₹ 1,42,000/-.
ICFAI Hyderabad offers an Online MBA Program for working professionals and entrepreneurs. An effective learning program needs only one hour of daily study. There are elective options for furthering one’s knowledge in one or more of the following areas: finance, marketing, human resource management, information technology, and operations.
Animated Videos- Concept Videos, PEP (Perspectives Experiences, and Practices) Videos, Case Videos, Workout Videos, and video lectures are some of the key highlights of the online MBA program. The total fee for the program is ₹ 2,00,000/-.
IMT Center for Distance Learning (IMT CDL) offers two year PGDM in five specializations Marketing, Finance, Human Resources, Operations, and Business Analytics. The Programme is of total Eighty Four (84) credits. The program’s goal is to create professional managers who are prepared for positions of responsibility in a global setting.
The total fee for the course is ₹ 1,11,000. Apart from the online PGDM, the institute offers PGDM (Executive), PGCM, Certifications, and online MDPs.
IIT Delhi online MBA
Department of management studies (DMS) under IIT Delhi offers two years online MBA in Information Systems, Finance, Marketing, Strategic Management, and Operations Management. Students are given a cross-functional perspective in addition to functional areas of specialization.
The total fee for the program is ₹ 10,40,000/-. IIT Delhi also takes into account the placement and summer training programs during the program. Admission for the course is based on the marks scored in the CAT Exam.
Online MBA courses offered by IIMs
IIMs also offers an online MBA program for working professionals and entrepreneurs. Below is the list of the items that offer online MBA programs:
IIM Ahemdabad is one of the top MBA institutes in India that offer online MBA for executives or working professionals. ePGP is a hybrid program that includes online lessons delivered through study centers, classroom instruction at the IIMA campus, and project work.
The ePGP is designed to provide management education to working professionals and entrepreneurs at the junior, middle, and senior levels who are looking for skills and strategies to take their organizations to the next level. It is a two-year program for which the fee is ₹ 17,44,000/-.
IIM Raipur ranked #14 in NIRF 2022 ranking framework. It offers an ePGP Program integrating general management theories, soft skills, and analytical methods with real-world business scenario cases. The program is in blended mode with online lectures and two times visits to the campus.
The electives offered are Marketing, Finance, Operations, Human Resources, IT & Supply, and Strategy. The total fee for the course is ₹ 12,60,000/-. The fee is payable term-wise. There are 6 terms and a mini-term including a total credit of 30.
IIM Bangalore offers short-term certifications and long-term certifications management programs for working professionals. These programs are a combination of live online and on-campus sessions. IIMB also offers Live Online Custom programs tailored to suit the organization’s learning needs.
The fee for such programs varies from ₹ 1,00,000 to ₹ 3,00,000/-. On the completion of the course, the certificate from the IIMB will be awarded to the participants.
The long-term programs that IIM Indore offers are specifically created to meet the needs and requirements of working executives. These programs last anywhere from six months to a year. The diversity of the participants in open programs significantly enhances cross-learning and offers ongoing networking opportunities outside of the classroom.
The programs are offered in the following specializations general management, Human Resources, Business Analytics, Finance & Investment, Leadership & Strategy, Data Science, Technology, marketing, supply chain, and operation management. The fee for the course varies from ₹ 2,00,000 to ₹ 5,00,000/-.
Online MBA admission process
For admission to the online MBA courses, the minimum requirement is graduation with at least 50% marks. Apart from this, the score of the aptitude test such as CAT/MAT/XAT/AMBA is required. Some institutes even take their aptitude test for admission. The test is followed by the personal interview which depicts the final admission.
Disadvantages of Online MBA
As we have previously discussed in this blog, there are numerous benefits to pursuing an online MBA. However, just as everything has advantages and disadvantages, so does online education. Some of them are as follows:
Lack of campus Experience: Online education can earn you a degree but you will miss the experience you will get while going to a regular class. However, apart from that, an online MBA course will not provide you with the same experience as attending a professor’s class or developing long-term relationships with your classmates. Thus, an online MBA program reduces social life.
Balancing Study with other commitments: It is sometimes difficult to manage studies with other work. In a regular MBA, the first and foremost priority is the study whereas in the case of the online MBA program the students are required to take time for study along with other commitments.
Technological Cost: You will need to purchase a computer, laptop, tablet, or smartphone, as well as reliable, high-speed internet. You will also need a power backup system to deal with power outages. So, you will have to pay to have these facilities for your online MBA course without interruptions.
Online MBA courses are among the most popular in India. Its popularity has grown since the pandemic. If you want to take an online course, make sure you choose a college that is affiliated with and ranked. It is always advisable to check the credibility of the course before enrolling in it.
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Wishing you all the best for your future!