Update on 21 Nov, 23
Online MBA stands for Master of Business Administration prefered to be online. This two-year postgraduate degree in business and administration encompasses a range of topics in marketing, management, accounting, and financing.
The traditional MBA Course in an educational setting is somewhat different from an Online MBA Program. Not in terms of curricula or methodology education, but in terms of approaches. The purpose of online MBA programs is to provide students with flexible scheduling and access to high-quality education.
Experienced working professionals who are seeking a career change or who want to earn a degree in addition to their work typically choose the online MBA.
The remote login feature of the online MBA course makes it additionally effective but also reasonably priced. The popularity of online MBA courses has grown to the point where reputable universities and colleges offer them all around the world.
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There are innumerable benefits of doing an MBA from an Online platform and University. This course deals with the various aspects of business management and strategy planning. Some of the fundamental advantages of choosing an online MBA Program is:
Candidates who have completed their graduation and secured 50% marks or are appearing for the upcoming examination are eligible for this course.
Usually, the admission procedure varies from University to University. On one hand, we find some Universities and colleges providing direct admission based on merits whereas some other Universities and colleges provide admission based on the student performance in various entrance examinations.
The Admission Procedure for online MBA 2024 is both simple and hassle-free as this process eliminates the whole concept of in-person verification. Most of the institutes that provide online education for MBA follow the same steps for the admission process, which is usually as follows:
The time span for an online MBA is usually 2 to 4 years. The curriculum of this course is structured in such a manner that it provides the same quality knowledge as that of any On Campus Course.
Moreover an extra two years are provided for the convenience of the students, so that they can clear all the papers.
As discussed, most Universities and colleges take direct admission. But there are many such Universities which consider the marks secured in common entrance Examination for online MBA. In this section we will be discussing about some of the examinations for online MBA:
|CAT||Month of November|
|CMAT||Usually in the month of March- April|
|GMAT||5 times a year|
|TANCET||Usually in the month of March|
|PGCET||Usually in the month of September|
|KMAT||Usually in the month of October- November|
|MAT||4 times a year( February, May, September, December)|
|MAH CET||Usually in the month of March|
|SNAP||Usually in the month of December|
|ATAM||Usually in the month of February|
Here we have listed the Top Colleges which provide online MBA as a fundamental degree. Moreover we also discussed the Online MBA Course Fees as well as the on campus location for the convenience of the students.
We have discussed both the Private as well as Government Top online MBA colleges in India which provide the MBA course with various specializations.
Here we have listed the 10 best Private Colleges in India which provide online MBA facilities. These Top online MBA Private Colleges in India are widely known for their facilities and infrastructures:
|Amity University||Noida, UP||1,75,000/- approx|
|Sikkim Manipal University||Jaipur||1,75,000/- approx|
|BITS Pilani||Rajasthan||63,500/- approx per sem|
|Jain University||Karnataka||42,500 to 65,000/- approx per sem|
|Narsee Mohan Institute of Management Studies||Mumbai||144,000 to 1,68,000/- approx|
|D.Y Patil Vidyapeeth||Pune||1,22,000 to 1,40,000/- approx|
|O.P.Jindal Global University||Haryana||1,75,000/- approx|
|Chandigarh University||Punjab||37,500/- approx per sem|
|Lovely Professional University||Punjab||1,42,000/- approx|
|Institute of Chartered Financial Analyst of India||Hyderabad||90,000/- approx|
Here we have listed the 10 best Government Colleges in India which provide online MBA facilities. These Top online MBA Government Colleges in India are widely known for their efficient curriculum and highly dedicated faculty:
|Indian Institute of Foreign Trade||New Delhi||4,00,000/-|
|Ramaiah Institute of Management||Karnataka||3,60,000/-|
|Alagappa University||Tamil Nadu||80,300-84,300/-|
|Rajiv Gandhi Institute of Petroleum Technology||Uttar Pradesh||4,40,000/-|
|Bharathidasan University||Tamil Nadu||91,000/-|
|Online Cell-Centre for Distance Education||Chennai||1,00,000/-|
MBA offers various specializations under its domain. This course deals with different aspects and provides different field opportunities in the field of Finance, Marketing, Human Resource, IT and Health Care.
Some of the famous specializations offered by Online MBA platforms in India are:
|MBA in Finance||MBA in International Business||MBA in Rural Management|
|MBA in Marketing||MBA in Banking & Financial Services||MBA in Healthcare Management|
|MBA in Human Resource Management||MBA in Business Analytics||MBA in Agri Business Management|
|MBA in Entrepreneurship||MBA in Supply Chain Management||MBA in Pharmaceutical Management|
|MBA in Retail Management||MBA in Sustainability Management||MBA in Family Managed Business|
|Parameters||Online MBA||Regular MBA||Distance Learning|
|Mode||It provides online lectures and live classes.||It provide classroom and on-campus learning.||It provides either weekly sessions or only conducts doubt-clearing classes.|
|Fees||The fees for online MBA starts from 45,000/- approx.||The fees for a regular MBA starts from 1,00,000/- approx.||The fees for an online MBA start from 20,000/- approx|
|Syllabus||They provide the same knowledge and deal with the same syllabus. Providing the same value as that of any on-campus college||They deal with different concepts and topics like Microeconomics, Business Communication and Soft Skills, Project Management etc.||The distance MBA syllabus is outlined in a very detailed and precise manner|
|Duration||2-4 years||2 years||2-5 years|
|Admission||Direct Intake/ Entrance Exam||Direct Intake/Entrance Exam||Direct Intake|
|Exposure||Internship and Placement opportunities to Top Firms||Internship and Placement opportunities to Top Firms||No internship/placement opportunity|
|Colleges||Amity Online, Manipal Online, etc||Amity, Manipal etc||IGNOU|
The syllabus of online MBA is very vast and extensive. Here we have tried to show a concise syllabus of what all topics are covered during the curriculum:
|Organisational Behaviour||Managerial Economics|
|Quantitative Methods||Financial Accounting|
|Organisation Effectiveness and Change||Management Science|
|Environment of Business||Financial Management|
|Business Ethics & Corporate Social Responsibility||Strategic Analysis|
|Legal Environment of Business||-|
|Project Study||Managerial Economics|
Some top companies and firms hire candidates who have done their MBA. MBA holds a lot of significance in today’s market and provides great opportunities to students who have done their Masters in Business Administration. Some of the well-known and well-established companies that are global recruiters include:
|Microsoft||Tata Consultancy Services||ICICI Bank|
|Mckinsey & Co.||Aditya Birla Group||Flipkart|
MBA’s importance in today’s time is evident. Not only the top companies are hiring candidates but also some well-known and new emerging companies are looking for MBA graduates. The packages differ depending on the specialization and course of expertise. But on average an online MBA Graduate receives a starting salary of approximately 5 lakh per annum.
Here we have listed some specialization as well as their approximate salary range -
|Specialization||Packages Range||Job Profile|
|MBA in Marketing||7L-25L approx||Marketing Manager, Brand Manager, Market Research Analyst|
|MBA in Finance||7L-22L approx||Asset Finance, Tax Planning, Insurance Management, Financial Statement Analysis and Reporting|
|MBA in HR||5L-8L approx||Human Resources Manager, Training and Development Manager, Human Resource Consultant|
|MBA in Business Analytics||5L-18L approx||Data Analyst, Business Analyst, Technical Team Lead|
|MBA in Event Management||2L-18L approx||Event Planning, Brand Management, Event Promotion|
|MBA in Economics||6L-8L approx||Economic Development Analyst, Research Economist, Economic Analyst|
|MBA in Entrepreneurship||5L-18L approx||Management Consultant, Business Intelligence Manager|
|MBA in International Business||4L-12L approx||Research Analyst, Management Analyst, Data Analyst|
|MBA in Rural||3L-30L approx||Business Development Manager, Rural Development Officer, Rural Executive, Rural Manager|
|MBA in Healthcare Management||5L-20L approx||Marketing Manager, Product Manager, Hospital Administrator|
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