Online MBA Courses: Programs Fee, Syllabus, Admission 2024 (2024)

Online MBA is one of the courses that students can take after graduation to work towards career growth in management. This online MBA course amplifies the career of the student manifold as it equips them with the skills needed to thrive in the management field. The MBA course in India can be done in 3 modes - Regular mode, Distance Learning mode, and Online mode. An MBA degree in the Online mode has been gaining popularity recently due to the many advantages it brings along like you can take up a job while simultaneously pursuing your degree. This helps you get an edge over others who just have the degree and no work experience, as work experience has quite a worth when it comes to an MBA.

At certain institutions like IIMs, you need to attempt and clear entrance exams like CAT, XAT, MAT, SNAP, GMAT, and institution-specific exams to be a part of their online MBA program. However, at most reputed universities, you will have an entrance-free admission process for this program. The completion of the online MBA program in the fee range of 2-20 lakhs INR, adds affordability to your flexible learning.

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Online MBA Highlights

To provide you with a summary of an online MBA program, its fees, eligibility criteria, admission process, course curriculum, and career opportunities, all have been listed in the table below:

Why Online MBA Courses?

The MBA course online is all about business management. In this course, the student gains business knowledge, for example- How to manage a business. How to organize the business? What strategies can be used to start a business? etc. After an MBA online degree, students can apply for various job roles such as Business Administrator, Business Analyst, Digital Marketing Manager, etc. in any company. Students also have the option of starting their own business after an Online Master of Business Administration degree.

Various MBA online colleges in India provide the best online learning. MBA is an advantageous course for students who prefer to learn at their own pace, indulge in self-study, cannot indulge in relocation, or want to pursue further education alongside their jobs. The fee of an online MBA is also a bit lower than the regular MBA courses.

An MBA course in the online mode comes with a wide range of specializations to choose from. These specializations are unique and per the current job and industry trends. The student can choose any of the courses according to their interest. An online MBA programs will boost your career and can give you career opportunities in many dynamic fields.

Who Should Pursue An Online MBA Course?

Online MBA course caters to the needs of many individuals but some specific categories get high benefits from this program.

• Students who did not score well in the entrance exams like CAT/MAT/GMAT, etc. & fail to enroll in regular MBA programs.
• Working professionals who want to upskill their knowledge while continuing their jobs.
• Students from rural areas cannot attend regular classes due to geographical constraints.
• Candidates who cannot afford the high fees of regular MBA programs.
• Candidates from any discipline who want to switch their careers to the management line.

When to Do an MBA Online Programs?

Online MBA is a postgraduate program that can be pursued by candidates without bothering about any age restriction. Here are some situations when an online MBA can give you the best results for your career.

• Pursuing an MBA online programright after graduation will make you begin your career at reputed designations with good firms.
• Getting a Master of Business Administration online after starting a job will benefit you in learning the latest industry trends & make you eligible for managerial positions in your firm.

Online MBA Courses Eligibility 2024

Any aspirant who has completed their graduation in any stream is eligible to enroll in the Online MBA program.

• The basic admission criterion is that you complete your Bachelor's education from a recognized university/institution.
• For admission in this program, some universities take aptitude-based specific entrance examinations or entertain the scores of the exams like Common Admission Test (CAT), Common Management Admission Test (CMAT), Xavier Aptitude Test (XAT), Symbiosis National Aptitude Test (SNAP), Management Aptitude Test (MAT), etc. while others provide direct admissions based on their eligibility criteria.
• The aspirants having 2-3 years of work experience in a relevant industry are preferable.

Online MBA Duration

The minimum duration of an online MBA is 2 years and the maximum duration is 4 years. The candidates get an extra 2 years to pass all the exams of their degree course. The curriculum of the program is divided into 4 different semesters of 6 months each.

Online MBA Course Subjects/Syllabus 2024

The MBA online course is divided into four semesters. The syllabus of an online MBA comprises core subjects and elective subjects that differ as per the specializations. The first two semesters focus on core subjects while in the third and fourth semesters, students need to choose elective subjects based on their specializations.

Apart from the core topics, you will work on certain Industry Projects based on your specialization to gain the practical applications of the concepts learned in the course curriculum.

Top Specializations of Online MBA Courses In 2024

Here is a list of the in-demand online Master of Business Administration (MBA) course specializations in 2024:

Online MBA Courses Admission Procedure 2024

There are some common steps that you need to follow to gain admission to universities in an online MBA program:

• Go to the official website of the university (the university to which you are willing to take admission).
• Register yourself as a new user and fill out the application form with your details.
• Submit the required documents with the application form and the registration fees.
• In the next step, submit your academic fee via any mode of payment mentioned on the website, which in most cases includes facilities for net banking, UPI payment, or demand draft facilities.
• In the end, you will get a confirmation mail along with your student enrollment number/student number.

Online MBA Courses Academic Fees In 2024

At College Vidya, you can check the fees of most of the universities that are offering your courses online. For this, you need to fill in your basic information and course requirements and then you can easily compare the online MBA courses provided by a large number of universities.

Domestic Fees for MBA Online Courses

The academic fee of the online MBA course for domestic students ranges from INR 30,000 to INR 3,00,000. The academic fee of the course varies as per the university, for instance, if you pursue your online Master of Business Administration (MBA) degree from a government university then the fee will be around INR 30,000- INR 80,000 and if you go for a private management institute then the fee will be around INR 2,00,000 to INR 3,00,000 for the full course.

International Fees for MBA Online Courses

For international applicants, the online MBA fee starts at around $1,000 which is again a variable & changes as per the university selection. For example, at Symbiosis School for Online & Digital Learning, the fee for an online MBA starts at $1,600 while at LPU Online it is around $5,000.

Online MBA Courses Fees Comparision

A fee comparison is provided below between some renowned online universities offering Online MBAs:

Looking at the fee package above, you can develop an idea that an online MBA is not only accessible from prestigious institutions but is highly affordable. If you are interested in exploring more affordable options, Click here!

Advantages of Online MBA Programs In India

• Online MBA courses focuses on different areas of business administration like business ethics, business communication, human resource management, risk analysis, etc.
• Online MBA programs is one of the most popular online postgraduate degrees among students & working professionals.
• Students interested in management line pursue this online 2-year-long course even after completing graduation in different streams.
• An online Master of Business Administration course is best suited for professionals looking to upgrade their knowledge to seek promotions/hikes in their field of work.
• The MBA course for working professionals in online education gives appropriate knowledge of business management and administration to students via online portals like LMS of the universities.
• Learning facilitations like online classes, recorded lectures, and digitized academic resources improve the understanding of concepts & support in self-paced learning.
• This Master of Business Administration course onlineis offered in a variety of specializations including Business Analytics, Finance, HRM, Data Science, Operations, & many more.
• To apply to this course, students must have a bachelor's degree in any stream from a recognized university.
• Online Master of Business Administration completed from a recognized university holds similar in the industry as a regular MBA.
• Get hired by top national & international recruiters with an online MBA degree.

​​​​​​Other Types of MBA Programs In 2024

Although everyone is aware that the MBA programs have grown to be extremely popular in recent years, there are still many more MBA options accessible. Regular MBA, Executive MBA online, Distance MBA, and more are additional forms of MBA. Let's discuss in brief all the other MBA options available out there.

Regular MBA: A Regular MBA program is a postgraduate-level business degree that aims to give students a solid grounding in a variety of business disciplines, such as finance, accounting, marketing, human resources, and operations management. Regular MBA program graduates usually work in a variety of sectors, including finance, consulting, marketing, and entrepreneurship.

In addition to regular MBA programs, MBA online programs provide several advantages to students, including the freedom to learn at your own pace and balance work and studies. So, if one wants to pick amongst them, getting an online MBA is an excellent career alternative.

Distance MBA: For those who want to obtain a Master of Business Administration degree without having to physically attend classes, distance MBA courses offer a flexible and practical option.

Through the help of self-learning materials students get to study the various aspects of the distance MBA program. One can get a varied number of career opportunities after the completion of the distance MBA programs.

In contrast to online MBA programs, however, students in distance MBA programs do not benefit from personalized mentoring opportunities, instantaneous doubt clarification options, or even does not get placement opportunities.

Top 5 Affordable Universities for Distance MBA In 2024

Part-time MBA:A part time MBA is available in a hybrid mode of physical classes & online mode. Candidates interested in this category of MBA can opt for any of them as per their needs.

In a hybrid-mode part-time MBA, you will get to attend weekends or fixed-schedule classes at the university campus with professors in person. On the other hand, in an online part-time MBA, you will interact with your professors & peers via online platforms. In both cases, you will get the study materials for self-paced learning.

One-Year Online MBA: One-year online MBA is a modified version of the MBA courses online which covers all the advanced & latest topics of the business field in 1 year. This makes you upskill your knowledge in a flexible learning format of online classes within a shorter period. With a detailed & updated course curriculum, this program is not different from a regular or MBA programs online in any sense except for its duration. Due to this short duration, this 1-year online MBA is quite popular among working professionals & even fresh graduates.

IIM Online MBA:Indian Institutes of Management (IIMs) are the top management institutions in India. For many business aspirants, it is a dream to study at IIMs but the high cut-off of entrance exams like the CAT & high fee packages are the major obstacles in their path. After addressing these factors, IIMs have now introduced online MBAs at low costs without asking for a good CAT or MAT score. IIM Online MBAs provide a great opportunity to working professionals & students who are busy in their daily routines & are not able to enroll in such highly reputed management institutions like IIMs.

Online Executive MBA:An online Executive MBA (EMBA) program is a graduate-level business program designed for working professionals who want to enhance their leadership skills and advance their careers. Unlike traditional MBA programs, which typically require full-time enrollment, an MBA for working professionals course allows students to complete coursework and attend classes remotely, often while continuing to work full-time.

Students in an online EMBA program can expect to develop their critical thinking and problem-solving skills, network with other professionals in their field, and gain the knowledge and credentials needed to take on senior leadership roles within their organizations.

Online Global MBA:An online global MBA is a great opportunity for those who want to explore and learn the industry curriculum of the global market. The Global MBA program primarily focuses on helping students learn various management techniques as per international industry standards. The Global MBA program is offered online mode which provides various additional benefits to the students.

From the comfort of your home, the students can learn from the top B-schools in the world. And get various additional skills and learnings from the global mentors present out there. The learners also get exposed to various international recruiters and get an opportunity to showcase their management skills to them.

Online MBA Dual Specialization:An online MBA dual specialization course offers students the opportunity to focus their studies on two distinct areas of business. By pursuing two specializations simultaneously, students can broaden their skills and enhance their marketability in the job market.

In Demand Online MBA Dual Specialization In 2024

Examples of popular dual specializations include finance and marketing, logistics and supply chain, and production and operations management. Online MBA dual specialization programs typically offer flexible scheduling options, allowing students to balance their studies with work and other responsibilities. Graduates of these programs may be well-suited for management roles in a variety of industries.

A table of comparison between regular, online MBAs is listed below:

Is an Entrance Exam Conducted For MBA Courses Online?

Online Master of Business Administration (MBA) is offered by most universities without any entrance exam. However, some of them like IIMs and government institutions demand a good score in the national-level common entrance exams listed below:

Important Dates and Timeline of the Online MBA Admission Process at IIM Ahmedabad

Recommended Books for Online MBA Entrance Exams 2024

To prepare for an entrance exam, you can read the following books that have been rated best in 2024.

Job Opportunities For An Online MBA Degree

The online learning MBA course is a PG course in management with a great career scope. Completing graduation may allow you to venture into entry-level jobs but higher education helps students escalate to mid-level and top-level management posts swiftly. The MBA course is essential in this regard as it provides appropriate knowledge of business management and administration to the students, which will be helpful to understand the field of management more intensely & manage the company’s algorithms to grow a career in management.

Source: payscale

The online MBA courses will surely help you gear up your career to heights. You can go into the field of business management, economics, financial management, human resource management, and other fields like consultancy, and risk analysis after completing this course. There are many specific posts where students can apply after completing the online MBA courses and a few of them are listed below. Apart from this, students can start their businesses by applying the strategies and can thrive in the path of careers like-

Top Universities for Online MBA Courses As Per NIRF Ranking 2023-24

Here are the top 5 MBA universities online as per NIRF ranking 2023-24 in India that are known for providing quality management education to business aspirants through their services & qualified faculty members.

Top Private Online MBA Colleges In 2024

Top Government Online MBA Colleges In 2024

IIMs Offering Online MBA In 2024

Note: For all the IIMs and government universities, you need to clear their respective entrance examinations.

Why Opt for an Education Loan for an MBA Program online?

Looking at the expensive course fee structure of the MBA program one must look out for the varied number of educational loan options available out there. The educational loan does not cover the basic course fee of the MBA program but also covers all the other education-related expenses like examination, library, etc. And as we know the major population who pursue an online MBA program are working professionals so they can easily manage and pay their academic fees through easy EMI options available at the concerned university. So we can also earn a sense of self-pride by funding our education.

Is An Online MBA Worth It?

Online MBA Courses cater to your hunger for knowledge & makes you a competent professional who is ready to face the challenges of the business industry. With this program, you get to develop a deep understanding of the latest industry trends & become proficient with their usage to resolve industrial issues. For working professionals, this online program is highly beneficial as it allows them to learn emerging technologies while continuing their jobs.

The benefits of this program are not only limited to the conceptual or practical knowledge but the employability options you get to explore on completion of this program are the top highlights of this course. If you have been planning on a job change or career switch, this online master's program can make it happen for you. The global recognition of this program provides you with multiple career options in a varied number of job sectors. Moreover, the comparatively higher pay scale of the job profiles that you can secure with this degree program makes this program worth pursuing for students & working professionals.

Top Recruiters for MBA Courses Online In 2024

The practical learning approach of an online Master of Business Administration (MBA) equips you with updated business knowledge that prepares you well for the ever-changing business industry. The management skills & global perspective that you learn in this program will make you a perfect choice for potential recruiters.

The versatile skills of this online course including strategic decision-making, data-driven insights, and financial planning can get you placed at your dream organization at a well-paid job. The average salary package that you earn at these top firms upon completion of an online Master of Business Administration (MBA) as a fresher ranges between 5-6 LPA & for working professionals 30-50% hike in the current CTC is expected.

Top Hiring Firms For MBA Graduates