The Most Affordable Colleges for Online MBA in India: Complete Guide
Education is a major value in the modern world, and it is particularly significant for career success. For virtually every businessperson, obtaining an MBA is an essential element in assuming managerial and supervisory responsibilities.
However, traditional full-time MBA programs at business schools can be very expensive for many would-be students. This is where online MBA programs come in handy as a game changer.
Flexible delivery of the credit requirements of MBA programs over the Internet in particular helps students who cannot afford to leave work, family or business to study full-time.
This article will help you understand more about our six cheapest online MBA colleges in India by dissecting what the colleges offer, their cost, and the rest.
Why Choose an Online MBA?
First of all, let’s discuss why online MBA programs are growing in demand before moving to the list of affordable colleges for online MBA.
1. Cost-Effective
The most notable benefit of online MBA is that is cheaper than the traditional campus-based MBA programs. You do not pay tuition, accommodation, travelling and other costs associated with attending physical classes.
2. Flexibility
MBA programs available on the internet are very flexible throughout the world. It can be done from the comfort of your home, from your workplace, and at anytime which is suitable for the busy working adult. It will enable you organise between work, study and other aspects in your life.
3. Same Curriculum as On-Campus Programs
Most of the MBA programs delivered online are identical in course offerings and quality and the learning outcomes to those offered face-to-face. This comes as a result of providing quality education to the students as those offered in regular universities but at an affordable price.
4. Global Learning Experience
MBA degrees offered online are available to students from various parts of the country and various industries. This assists you in establishing connections around the world and get insights from many different viewpoints. For many professionals, a Master of Business Administration (MBA) degree is a critical stepping stone to leadership and management roles.
However, the high cost of traditional full-time MBA programs can be prohibitive for many aspiring students. This is where online MBA programs come in as a game-changer.
Online MBA programs offer a flexible, affordable alternative to traditional programs, allowing students to balance work, family, and education without the need to relocate or take a career break.
If you’re in India and looking for an affordable online MBA, you’re in the right place. This article will guide you through six of the most affordable colleges for online MBA in India, providing insights into their offerings, fees, and more.
Affordable Online MBA Colleges in India
College/University | Online MBA Course Fee (INR) | Duration | Specializations Available |
Symbiosis Centre for Distance Learning (SCDL) | ₹65,000 | 2 Years | Finance, Marketing, HR, Operations |
₹1,69,200 | 2 Years | Healthcare, IT, Finance, HR | |
GLA University | ₹1,00,000 | 2 Years | Finance, Marketing, Operations, HR |
₹1,95,000 | 2 Years | Finance, Marketing, HR, International Business | |
University of Madras (IDE) | ₹37,000 | 2 Years | Finance, Marketing, HR, Operations |
IGNOU (Indira Gandhi National Open University) | ₹37,800 | 2.5 Years | Finance, Marketing, HR, Operations |
1. Symbiosis Centre for Distance Learning (SCDL)
- Online MBA Course Fee: ₹60,000
- Duration: 2 years
- Specializations: Banking, Finance, Marketing, Human Resource Management, Operations Management
- Symbiosis Centre for Distance Learning, SCDL is one of the major universities offering the best cost-effective online PGDM program in India.
- The program is specifically designed for those students who work and those students who wish to study management but not have a big financial burden on themselves.
Key Features:
Cost-Effective Fee: Symbiosis is one of the affordable online PGDM programs in India with a fee of ₹60,000.
- Flexible Studies: The online program allows students to carry on their course works at their will and pace. This ease is a boon for working professionals who can thus carry on in both their professional lives and their academic pursuits.
- Accreditation: Symbiosis is a name well-known in the distance learning fields and an accredited institution by many education-related bodies to ensure authenticity of the degree.
Why Symbiosis Centre for Distance Learning?
It is very affordable without forgoing quality. Symbiosis SCDL is one of the favorite choices of students from all over India due to its flexible learning style and low fees.
2. D.Y. Patil University (DPU Centre for Online Learning)
- Online MBA Program Fee: ₹1,69,200
- Duration: 2 years
- Specializations: Healthcare Management, IT Management, Finance, Human Resource Management
D.Y. Patil University is one of the top names in the world of higher education and provides very affordable online MBA programs that can be done flexibly and conveniently, keeping both working professionals and students very busy.
Key Features:
Affordable Fee: D.Y. Patil charges a fee of ₹1,69,200 for the online MBA course, which is a comprehensive offering at a cheap price.
Curriculum: The curriculum caters to the needs of the industry in general, with the university offering specializations in healthcare, IT, finance, and other areas.
Support for Students: The learners are provided with facilities available at the university level for support and every other resource that would adequately guide them academically and career-wise during their periods of study.
D.Y. Patil’s online MBA is suitable for students seeking to attain an average of quality and affordability accompanied by industry-relevant learning. More specifically, it is apt for a professional in healthcare and IT management.
3. GLA University
- Online MBA Course Fees : ₹1,00,000
- Duration of the Course: 2 years
- Specializations: Finance, Marketing, Operations Management, Human Resource Management
GLA University also offers affordable and structured online MBA courses. The fee for online MBA from GLA University is as follows: ₹1,00,000. GLA’s online MBA is conceptualised for those students who will acquire a decent grounding in business management at affordable costs.
Key Features:
Affordable Course Fees: This is the price tag, as GLA University is considered one of the lowest priced online MBA programmes available.
Interactivity: Interactivity is ensured through live online classes, video lectures, as well as through group discussion forums for students, hence learners experience complete learning.
Career Counseling and Placement Assistance: GLA University focuses on not only career counseling but also placement assistance so students can get jobs after completing their courses.
Why GLA University?
If, therefore, you are seeking very affordable MBA with very rich interactive learning and also including placement support, then GLA University is no bad bet. It quite has an all-inclusive curriculum that comes with affordable fees, and this always attracts a variety of students to the university.
4. Amity University Online
- Online MBA Course Fee: ₹1,95,000
- Duration: 2 years
- Specializations: Finance, Marketing, Human Resource Management, International Business
Amity University is one of India’s leading private universities, known for its excellence in both online and offline education. While slightly more expensive than some other options, Amity’s online MBA program offers a world-class education with multiple specializations.
Key Features:
Global Recognition: Amity University’s online MBA is recognized internationally, which can be an advantage if you are aiming for global career opportunities.
Flexible Learning Environment: The program allows students to attend live sessions, view recorded lectures, and participate in interactive discussions.
Highly Qualified Faculty: Amity University’s faculty consists of experienced professionals and academicians who provide valuable insights into real-world business scenarios.
Why Choose Amity University Online?
Amity University’s online MBA is a great option for those looking for an affordable yet internationally recognized degree. The university’s strong reputation, global recognition, and quality education make it a solid investment for your future career.
5. University of Madras (Institute of Distance Education - IDE)
- Course Fee: ₹37,000
Duration: 2 years
Specializations: Finance, Marketing, Human Resource Management, Operations Management
The University of Madras, one of the oldest universities in India, offers a highly affordable online MBA program through its Institute of Distance Education (IDE). With a course fee of just ₹37,000, it is one of the most cost-effective MBA programs in the country.
Key Features:
Extremely Affordable Fees: The University of Madras offers an online MBA program at a remarkably low fee of ₹37,000.
Flexibility: The distance education format allows students to study at their own pace, making it suitable for working professionals and students with other commitments.
Reputation: Being one of the oldest and most respected universities in India, a degree from the University of Madras carries significant value.
Why Choose the University of Madras IDE?
For students on a tight budget, the University of Madras IDE offers an excellent opportunity to pursue an MBA at an extremely low cost. Despite its affordability, the program provides a solid foundation in business management.
6. IGNOU (Indira Gandhi National Open University)
- MBA Course Fee: ₹37,800
- Duration: 2.5 years
- Specializations: Finance, Marketing, Human Resource Management, Operations Management
IGNOU is one of the largest and most well-known distance education universities in India. Its online MBA program is not only affordable but also highly flexible, making it a popular choice for working professionals across the country.
Key Features:
Affordable Fees: With a course fee of ₹37,800, IGNOU offers a highly accessible online MBA program.
Wide Range of Specializations: IGNOU provides various specializations, allowing students to tailor their MBA according to their career goals.
Government Recognition: IGNOU is a government-run institution, which ensures that its degrees are well-recognized by employers in both the public and private sectors.
Why Choose IGNOU?
IGNOU’s online MBA program is a top choice for students looking for an affordable, flexible, and recognized degree. Its wide range of specializations and government accreditation make it a valuable option for career advancement.
Conclusion
Choosing an affordable online MBA program is a wise decision, especially for working professionals who want to advance their careers without incurring heavy financial burdens. The six universities discussed above offer some of the most affordable online MBA programs in India, each with its unique strengths and specializations.
Whether you’re looking for flexibility, industry-focused curriculum, or government-recognized degrees, these universities provide excellent options for anyone pursuing higher education in business management. Carefully evaluate your career goals, specialization preferences, and budget to choose the program that best suits your needs.
For any assistance or free queries related to MBA programs, feel free to contact Hike Education. Their team can guide you in selecting the right program and answer any questions you might have about admissions, courses, or career paths.
The Most Affordable Colleges for Online MBA in India : FAQs
Q1. What is the average duration of an online MBA program?
Most online MBA programs in India take 2 years to complete, though some universities may offer flexible timelines.
Q2. Are online MBA degrees recognized by employers?
Yes, as long as the online MBA program is accredited by recognized bodies like UGC or AICTE, employers value these degrees.
Q3. Can I work while pursuing an online MBA?
Absolutely! Online MBA programs are designed to offer flexibility, allowing students to study while working full-time.
Q4. What are the admission requirements for an online MBA?
Typically, a bachelor’s degree is required, and some programs may ask for work experience or entrance test scores like CAT, MAT, or GMAT.
Q5. Do online MBA programs offer placement assistance?
Many universities offering online MBA programs provide placement assistance and career support to help students find job opportunities after graduation.
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