An online MBA is a two-year postgraduate degree programme in business administration. There are more than 50 government and private colleges in India that offer online MBA degree programmes in various specialisations.

Online MBA 2024: Course Eligibility, Admissions, Fees, Syllabus, Exams, Top Colleges & Careers

In India, an online MBA is entitled by UGC and offered by UGC-approved universities. Online MBA programs are delivered virtually, which allows students to pursue from anywhere and at their convenience. Admission to these programs is provided based on merit or academic performance.

Many colleges also consider scores of management entrance exams as part of their online MBA admission. The average fee of an online MBA can vary depending on the college, ranging from Rs. 30,000 to Rs. 5,00,000. As an online degree in management has become a popular choice in India, aspirants also have the option to pursue an online MBA from IIMs .

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 students to pursue their programmes in their chosen specialisations.

Some of the popular online MBA specialisations 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) .

Classes for online MBA programs are conducted online via live lectures mostly on weekends and after business hours. Upon completion of an online MBA, graduates can explore numerous career options in diverse areas. Some of the popular employment areas include banking, finance, e-commerce, healthcare, real estate, IT, advertising, entertainment, and more.

Some of the job profiles one can get after completing the online MBA course include project manager, human resource manager, accountant, digital marketing manager, operations manager, and others.

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Why Study Online MBA?

There are numerous benefits of pursuing an online MBA . Students can develop organisation and management skills to ensure the sustainable growth of their businesses. Online MBA offers greater flexibility and convenience, which particularly makes the course beneficial for working professionals.

With an online MBA, individuals cannot only enhance their business management knowledge and skills but also improve their career prospects. The programme encompasses a robust curriculum which involves core subjects, electives, case studies, and industry projects, with an opportunity to participate in internships.

Given below are several other reasons to pursue an online MBA :

  • Self-paced learning
  • Career advancements
  • Higher salary
  • Vast employment opportunities
  • Industry exposure

Also Read : UGC Approved Online MBA Colleges in India for Working Professionals

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 fo r :

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 graduation and are looking to gain a competitive edge in today's business world.

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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 it 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 Type

Degree

Course Level

Postgraduate

Duration

2 Years

Eligibility Criteria

Bachelor's and Work Experience (required for some programmes)

Admission Process

Merit and Entrance Examination

Top online MBA specialisations Marketing, Finance, Operations Management, Human Resource Management, Business Analytics, International Business

Entrance Examination

CAT, MAT, XAT, SNAP, GMAT, CMAT

Course Fee

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. 500,000 to Rs. 600,000

Employment Areas
Finance, Banking, Insurance, Advertisement, Human Resource Management, Marketing, Entertainment, Information Technology
Top Recruiters Amazon, Flipkart, Microsoft, TCS, HCL, Deloitte

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 :

  • Candidates must hold a bachelor's degree in a relevant discipline from a recognised university
  • They must have scored minimum aggregate marks of 50% (45% for SC/ST)
  • Students pursuing their final year of graduation are also eligible to apply for MBA online courses

Aptitude Test :

  • Candidates are required to sit for entrance exams as some colleges consider scores of MBA exams such as XAT, CAT, MAT, CMAT, and SNAP as part of their admission requirements.
  • 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 three years after graduation

Age :

  • There is no age bar to apply for online MBA courses in India

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Online MBA Admission 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 :

  • Candidates are required to submit a duly filled and signed online application form.
  • They must visit the official website of the university of their choice and complete the application process by entering the required details - personal, academic and work experience

Uploading of Documents :

  • Candidates are required to upload the necessary documents along with their application.
  • Documents required for online MBA admission include a bachelor's degree mark sheet and certificate, 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 the application form and uploading the relevant documents, candidates need to pay the requisite application fee to complete the online MBA admission process.

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Online MBA Entrance Examinations

While many universities offer admission to an online MBA based on merit, some take into consideration scores of management entrance exams. Candidates are required 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.

MBA Exams Details
CAT The Common Admission Test is one of the popular MBA entrance exams in India. It is conducted on a rotational basis by the Indian Institutes of Management (IIMs) . Many B-schools consider CAT scorecards for their online MBA admission.
XAT The Xavier Aptitude Test is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to MBA online programs. Candidates must appear for XAT to pursue the best online mba programs.
MAT All India Management Association (AIMA) conducts the Management Aptitude Test (MAT) four times a yea - in February, May, September and December. Taking MAT is the best option to get admission to online MBA colleges in India.
SNAP It is a national-level entrance exam conducted by Symbiosis International University for admission to its PGDM courses. With SNAP, candidates can apply for admission to other management universities and colleges.
CMAT 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
Shoolini University Solan
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 and Subjects

The syllabus of an online MBA encompasses foundational subjects, core subjects, electives and capstone projects. It also offers various specialisations that students can choose from based on their area of interest. The online MBA syllabus may vary depending on the institution and the specific specialisation.

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

Online MBA 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.

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

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

Graphic Era University, Dehradun

Rs 80,000

LPU Jalandhar

Rs 3,16,000

KL University Guntur

Rs 65,500

KIIT University

Rs 1,60,000

IFHE Hyderabad

Rs 2,00,000

Galgotias University

Rs 76,000

Chitkara University

Rs 2,00,000

HITS Chennai

Rs 1,20,000

Chandigarh University

Rs 2,00,000

Top Government Online MBA Colleges in India

More than 12 government colleges in India which 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

IIM Ahmedabad
Rs 20,00,000
IIT Jodhpur
Rs 8,25,000

GJU Hisar

Rs 48,000

Periyar University

Rs 71,000

Bharathidasan University

Rs 91,000

KSOU Mysore

Rs 80,000

Alagappa University
Rs 80,300

Madurai Kamaraj University

Rs 36,000

Mysore University

Rs 68,625

Online MBA Career Options

Students can find various career opportunities after completing an online MBA. They can pursue their careers in both 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 are responsible for the day-to-day operations of the department. They coordinate the work of the staff and supervise them.

Sales Manager : A Sales Manager heads the sales department. He or she is responsible for guiding 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 and pitch to potential customers.

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 lure customers such as limited-period discounts or special offers to make them buy products or services.

Financial Advisor : This is another one of the highest-paying MBA jobs. A Financial Advisor is responsible for providing financial services to clients based on their financial situation. Although most financial advisors offer advice on a wide range of areas, some specialise in functions such as retirement or risk management.

Brand Manager : A Brand Manager is a professional who builds brand value and changes public perceptions of a brand. He or she works aligning with the organisation’s goals and ensures maximum profit by improving the general perception of people towards the company and its products and services.

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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, the average online MBA salary is Rs. 946,000 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. 7,29,703

Brand Manager

Rs. 8,01,641

Accountant Rs. 2,88,971

*Source: PayScale

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Online MBA Top Recruiters

There are several top companies in India and abroad that offer various employment opportunities to graduates who have completed an MBA degree online. 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

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Conclusion

An online MBA equips learners with knowledge and skills in business and management while paving the way for lucrative career opportunities in diverse fields. One can pursue a career in the public and private sectors and apply his or her leadership skills in the real business world.

Frequently Asked Question (FAQs) - Online MBA 2024: Course Eligibility, Admissions, Fees, Syllabus, Exams, Top Colleges & Careers

Question: What is the difference between an Online MBA and an Executive MBA?

Answer:

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.

Question: When should you pursue an online MBA?

Answer:

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.

Question: What is the duration of an MBA course in online mode?

Answer:

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.

Question: Do the Big 4 Firms accept candidates with an online MBA?

Answer:

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.

Question: Is an online MBA worth pursuing?

Answer:

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.

Question: Is an online MBA equivalent to a regular MBA?

Answer:

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.

Question: Can I pursue an online MBA from IIMs?

Answer:

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.

Question: What is the scope of an online MBA?

Answer:

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.

Question: Is an online MBA beneficial for working professionals?

Answer:

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.

Question: Is work experience required to pursue an online MBA programme?

Answer:

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.

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