Online MBA: Fees, Courses, Specialization, Entrance Exam

Online MBA

Online MBA is a convenient mode of skill enhancement for working professional without sacrificing their jobs. In recent years, Online MBA has gained popularity among professionals and fresh graduates due to the flexible nature of the course. With the advancement in data connection & speed, the dependability of people has increased on Online MBA. Because of its dependability on satellite (online mediums), it is also known as satellite management programme.

The greatest advantage of Online MBA is that it is flexible and convenient. It is also economical and enriching. One can pursue the course from a university in another city or country, without having to relocate. Online MBA course is usually a 12-month programme, which requires participants’ engagement on weekends only. Let’s take a look at Online MBA in detail.

Online MBA: Overview

Several management institutes in India offer Online MBA programme. Read below, to know all about Online MBA including top colleges, fees, eligibility criteria, course curriculum, admission process, placement, career opportunities and FAQs:

Features	Details

Course Name	Online MBA
Course Level	Post- Graduation
Course Pedagogy	Online via video conferencing and Learning Management System (LMS)
Online MBA Course Fee	INR 50,000 to INR 5 lakh and above
Online MBA Eligibility Criteria	Graduation Work experience (for some programmes)
Online MBA Admission Process	Merit/entrance exam based
Online MBA Duration	One year to two years
Number of Colleges	There are 170+ colleges in India offering Online MBA
Top Online MBA Specialisations	Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing, Business Analytics
Online MBA Average Salary	INR 5 lakh to 6 lakh

Online MBA: Key Highlights

Online MBA course is ideal for working professionals with a couple of years of work experience. By pursuing the Online MBA course, professionals can give their career an upgrade and enhance their chances of swift promotion, better pay package and more favourable career prospects.

Online MBA is an advanced version of distance learning. In Online MBA, the lectures are imparted through video conferencing and the notes or recordings of lectures can be carried in pen drives. Another advantage of Online MBA is that it is flexible. The tenure of the course can vary from one year to two years.

Some of the job profiles which you can get after completing Online MBA are Corporate Associate, Portfolio Manager, Finance Analyst, Credit Risk Manager, Executive and Senior Executive, etc.

Online MBA Eligibility & Entrance Exams

Eligibility criteria for Online MBA is graduation from a recognized university. The minimum aggregate score in graduation may vary for different colleges.

Some colleges also take into consideration scores of MBA entrance exams such as Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Management Aptitude Test (MAT), Symbiosis National Aptitude Test (SNAP), etc.

Some colleges also have the mandatory eligibility criteria of two-three years of work experience for Online MBA.

Online MBA Courses

Most of the management institutes in India offer online MBA in the following programmes:

• Master in Business Administration (MBA)
• Post Graduate Diploma in Management (PGDM)
• Post Graduate Program (PGP)
• Executive Post Graduate Program (EPGP)

Online MBA Specialisations

Similar to the full-time MBA, one can pursue a specialisation in online MBA too. One must choose an Online MBA specialisation as per their area of work and experience in a particular field to gain maximum benefits from the course. Given below are some popular Online MBA specialisations:

• Finance Management
• Healthcare Management
• Hospitality Management
• Digital Marketing
• Sports Management
• Business Analytics
• Human Resources
• Information Technology
• Innovation Management
• International Business
• Cybersecurity, Information Security Analysis
• Entrepreneurship
• Marketing Management
• Operations Management
• Public Administration
• Risk Management
• Advertising and PR Management
• Logistics and Supply Chain Management
• Sustainability Management
• Investment Management.

Top Online MBA Colleges: Fees and Courses

There are more than 170 online MBA colleges in India. Following are 10 most popular Online MBA Colleges in India:

College Name	Course Name	Course Fee (INR)

NMIMS Global Access School for Continuing Education, Mumbai	Online PGDBM in Banking & Finance Online PGDBM in Financial Management Online PGDBM in Supply Chain Management Online PGDBM Online PGDBM in HR Online PGDBM in Operations Online PGDBM in IT Online PGDBM in Marketing Management Online PGDBM in International Trade Online PGDBM in Retail Management Online MBA (Executive)	95,000
Symbiosis Centre for Distance Learning, Noida	PGDBA PGDHRM PGD in Supply Chain Management PGD in Business & Corporate Law PGD in Information Technology PGD in International Business PGD in Export & Import Management PGD in Customer Relationship Management PGD in Retail Management	18,000 to Rs 30,000
Amity University Online, Noida	Online MBA Online PGD in Finance & Accounting Online PGD in Public Accounting Online PGD in HRM Online PGD in Travel & Tourism Management Online PGD in Logistics & Supply Chain Management Online PGD in Advertising & Brand Management	1.20 to Rs 1.50 lakh
SASTRA Deemed to be University	Online MBA	81,000
Dr. D. Y. Patil Vidyapeeth, Center for Online Learning	Online MBA	1,30,000
Prin. L.N. Welingkar Institute of Management Development and Research – Online Distance Learning Centre	Online PGDM	6.4 lakh
Karnataka State Open University	Online MBA	------
Indian School of Business Management and Administration, Hyderabad	MBA	50,000
Jain Deemed to be University	Online MBA International Finance Online MBA in Investment Banking Online MBA in Strategic Finance Online MBA in Systems & Operations	80,000 – 2.08 lakh

Online MBA Syllabus and Subjects

The syllabus of online MBA programme is same as that of a full-time MBA programme. It includes basics of business management and administration. Check the online MBA syllabus below:

Organizational Behaviour	Marketing Management
Financial Accounting	Management Accounting
Quantitative Methods	Human Resource Management
Managerial Economics	Business Communication
Organization Effectiveness and Change	Operation Management
Marketing Research	Economic Environment of Business
Financial Management	Management of Information System
Business Ethics & Corporate Social Responsibility	Strategic Management

Frequently Asked Questions

Q. Are their career opportunities after online MBA?

Ans. Yes, there are good career opportunities after an online MBA. But it depends on the MBA College and course which you opt. An online MBA degree from a reputed college can help you grow in your profession and get good salary hike as well as senior designation.

Q. What is the difference between distance MBA and online MBA?

Ans. The major difference between distance MBA and online MBA is that in the former, self-study material is usually sent to candidates by post or candidates have to collect from designated study centres, whereas in the latter, the study material is provided online and classes are conducted through Learning Management System (LMS).

Q. What should I keep in mind while choosing an online MBA course?

Ans. While choosing an online MBA course one must keep in mind, the course curriculum, college accreditation, learning system and pedagogy, course fees and flexibility of classes and project submission.

Q. What are the online MBA courses offered by IIMs?

Ans. About five IIMs offer online MBA courses in blended mode. The courses are e-Mode PGP, Executive Post Graduate Programmes (EPGP), PGP (Working Executive), EPGPX, e-MBA. Also Read: Online MBA courses offered by IIMs.

Q. What is the fee structure of online MBA?

Ans. The course fee of private institutes is on the higher side whereas the course fee of government institutes is on the lower side. The average fee for online MBA programmes is approximately INR 50, 000 to INR 1 lakh. Online MBA from foreign university is expensive.

Q. What are the entrance exams for admission to Online MBA?

Ans. Some colleges take into consideration scores of MBA entrance exams such as Common Admission Test ( CAT), Xavier Aptitude Test ( XAT), Common Management Admission Test ( CMAT), Management Aptitude Test ( MAT), Symbiosis National Aptitude Test ( SNAP), etc. A few institutes conduct their own admission test for MBA course.

Q. What are the job roles offered to online MBA graduates?

Ans. The job roles offered to online MBA graduates include HR Managers, Project Managers, IT Manager, Business Development Manager, ERP Consultants and Operations Research Analyst, etc.

Q. What are the specialisations available in online MBA courses?

Ans. Some of the specialisations available in online MBA are Sales & Marketing, Business Analytics, Digital Marketing, Data Science, Supply Chain, IT & Systems, Human Resources, Finance, Retail, etc.

Q. What is the admission process of online MBA?

Ans. Some of the institutes offering online MBA conduct direct admission based on the applicants’ academic background, whereas some select candidates based on admission test score.

Q. Is it necessary to have prior work experience to pursue an online MBA?

Ans. It is not mandatory to have prior work experience but it will be an advantage for the participant if he/she has three to five years of work experience. Many Tier 1 institutes offering online MBA in fact look for candidates with work experience.

Q. What are the disadvantages of online MBA?

Ans. As you won’t be attending physical classrooms, you won’t be getting exposure to network of professionals from different background. There is almost no scope for networking which is helpful to gain rapid growth in corporate culture. Moreover, online MBA degree is not considered at par with a full-time MBA degree in India, hence career growth is limited.