Top 10 Online/Distance MBA Colleges in Mumbai- India’s Financial Hub

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Jagpreet

19 December, 2023

Top 10 Online/Distance MBA Colleges in Mumbai- India’s Financial Hub

The way that education is approached changes as per the demands of the professional world. Recent technology has brought a revolution as a whole. In this fast-paced setting, distance learning for MBA aspirants has become a practical option. It is particularly popular among people who are already in the workforce and want to advance their knowledge without having to take time away from their existing responsibilities or professions.

Distance MBA programmes offer flexibility, allowing students to pursue their studies at their own pace and convenience. The educational experience is facilitated online, enabling students to access lectures, learning materials, and resources from the convenience of their chosen locations. Candidates have the liberty to customise their learning experience by moving at their own pace. In today’s scenario, online learners get the benefit of interacting with industry professionals across the globe.

If you wish to pursue a Distance/Online MBA programme in Mumbai, this blog is for you. Mumbai is India’s financial hub, home to a number of international corporations. As such, the academic programme here will be heavily industry-focused, particularly around the area of management. Even though there may not be many institutions offering Online/Distance MBA courses in Mumbai, you will find several reputable institutions providing management programmes in nearby regions like Pune and Nashik.

List of Top 10 Online/Distance MBA Colleges in Mumbai

 

Sl# College Name Course Fees
1 Welingkar Institute of Management Development and Research (WeSchool) INR 1,01,000
2 Yashwantrao Chavan Maharashtra Open University (YCMOU) INR 36,376
3 Symbiosis Centre for Distance Learning (SCDL) INR 58,000
4 S.P. Jain Institute of Management and Research (SPJIMR) INR 10,00,000
5 MIT School of Management (MITSBM) INR 60,000
6 Dr. D Y Patil Deemed to be University INR 1,70,000
7 Shivaji University INR 63,810
8 Xavier Institute of Business Management INR 60,900 + 18% GST
9 Amity Online INR 1,79,000
10 IGNOU INR 62,000

 

Related: Top 10 Online MBA Colleges in India

Let’s discuss these colleges in detail:

1. Welingkar Institute of Management Development and Research (WeSchool), Mumbai

WeSchool’s outstanding hybrid PGDM curriculum is your ticket to excellent management education. Envision delving deeply into a curriculum that is based on experiential learning, with a focus on case studies, simulations, and industrial projects. WeSchool’s PGDM is more than just a management course; it’s an opportunity to seize lucrative placement and be a part of the vast alumni network. The finest aspect? You are free to select from a wide range of specialisations:

  • Marketing Management
  • Finance Management
  • Human Resource Management
  • Retail Management
  • Operations Management
  • Supply Chain Management
  • Business Administration
  • E-Business Management
  • Banking, Investment & Insurance Management
  • Rural & Agribusiness Management
  • Hospitality Management
  • Healthcare Management
  • Services Excellence
  • Travel and Tourism Management
  • IT Project Management
  • E-Commerce Management
  • International Business Management
  • Media & Advertising Management
Course Name PGDM
College Type Private University
Duration 2 Years
Mode of Learning Hybrid Mode
Exam Mode Online
Learning Resources eBooks, Physical Learning Material, Virtual Interactive Classrooms, Industry Visits, Weekend Workshops, etc.
Course Fee INR 1,01,000 (Full Course)
Entrance Exam N/A
Admission Drive January & July
Exam Drive Occurs 4 times a year
NIRF Ranking 73 (Management Category)
NAAC Accreditation
Awards/ Recognitions NBA, AICTE
Placement Assistance Access to specialisation-wise job vacancies on website

2. Yashwantrao Chavan Maharashtra Open University (YCMOU), Nashik

The state university that is shattering stereotypes with its Online MBA programme is YCMOU! They are all focused on lowering the cost and increasing access to education. Imagine enrolling in a course designed to give you a firm understanding of management principles, tailored for learners from diverse backgrounds. The Online MBA programme offered by YCMOU is not only affordable but also a visionary, game-changing initiative. The fascinating thing is that you can investigate a variety of specialisations, such as:

  • Finance
  • Marketing
  • Human Resource Management
Course Name Distance MBA
College Type Self-financed
Duration 2 Years
Mode of Learning Distance Mode
Exam Mode Offline
Learning Resources EBooks, Counselling Sessions
Course Fee INR 36,376 (full course)
Entrance Exam Common ‘Entrance Examination’ conducted by the University
Admission Drive
Exam Drive December & May
NIRF Ranking
NAAC Accreditation
Awards/ Recognitions University Grants Commission (UGC),  Distance Education Bureau (DEB)
Placement Assistance

3. Symbiosis Centre for Distance Learning (SCDL), Pune

The PGDBA degree offered by SCDL, a gem in the Symbiosis family, is focused on innovation and entrepreneurship! It’s not your typical distance course; instead, it will help you prepare for the fast-paced world of business by polishing your creativity, problem-solving abilities, and business development skills. PGDBA at SCDL is more than just a degree; it’s a platform for new business trends and entrepreneurial behaviour. The cherry on the cake is that you can choose from a variety of post-graduation diploma specialisations, including:

  • Finance
  • Marketing
  • Management Accounting
  • Human Resources Management
  • Customer Relationship Management
  • Operations
Course Name Distance PGDBA
College Type Private University
Duration 2 Years
Mode of Learning Distance Mode
Exam Mode On Demand Computer based examination at designated centres
Learning Resources Online Classrooms, Self-Learning Material
Course Fee INR ₹58,000/-  ((full course)
Entrance Exam NA
Admission Drive January & July
Exam Drive
NIRF Ranking 17 (Management Category)
NAAC Accreditation A++
Awards/ Recognitions University Grants Commission (UGC), DEB
Placement Assistance Interviews, Career Advisors

4. S.P. Jain Institute of Management and Research (SPJIMR), Mumbai

The seasoned player in education, SPJIMR, offers you an Online PGDM programme that focuses on innovation and leadership. You will be immersed in industry interaction, leadership development modules, and experiential learning methods, all of which are designed to prepare you for elite leadership positions in the business sector. The Online PGDM programme offered by SPJIMR focuses on leadership development and experiential learning. And you can choose from the number of specialisations it offers, such as:

  • Finance and Markets
  • Advances in Supply Chain
  • Organisation and Leadership
  • Strategy
  • Marketing
  • Information Management & Analytics
Course Name PGDM
College Type Private University
Duration 2 Years
Mode of Learning Online Mode
Exam Mode Online
Learning Resources e-Learning Resources, Online Classes, Remote Access to Library
Course Fee INR 10,00,000 (Full Course)
Entrance Exam NA
Admission Drive January & July
Exam Drive
NIRF Ranking 20 (Management Category)
NAAC Accreditation
Awards/ Recognitions NBA, AMBA
Placement Assistance Personalised Career Assistance

5. MIT School of Management (MITSBM), Pune

The leading provider of business education, MITSBM, offers you a Distance PGDM programme focused on leadership and global sustainability. The curriculum revolves around industry projects, case studies, and simulations that are all designed to prepare you for leadership positions in sustainable businesses. The distance PGDM programme offered by MIT SBM is more than just a course; it’s a platform for leadership and global sustainability. Apart from this, the institution also provides the option of dual MBA-PGDM & EMBA course bundle. The fascinating thing is that you can investigate a variety of specialisations, such as:

  • Project Management
  • Finance Management
  • Marketing Management
  • Human Resource
  • Operations Management
  • Material Management
  • Logistics and Supply Chain
  • Banking & Financial Services
  • Construction and Project Management
  • Information Technology
Course Name PGDM
College Type Private University
Duration 2 Years
Mode of Learning Distance Mode
Exam Mode Offline
Learning Resources Hard Copies of Books, Contact Sessions
Course Fee INR 60,000-70,000 (Full Course)
Entrance Exam NA
Admission Drive
Exam Drive January & July
NIRF Ranking
NAAC Accreditation A Grade
Awards/ Recognitions University Grants Commission (UGC), AICTE
Placement Assistance CV/Resume Building, Industry Updates Through Experts, Three Interview Calls

6. Dr. D.Y. Patil Deemed to be University

The D.Y. Patil group once just started with a medical college, has now grown to multiple fields such as Arts, Science, Technology, Management, and Health Sciences. Over time, it’s become known for providing top-notch education and preparing talented leaders for the future. Continuing its mission to make quality education available to all, the Centre of Online Learning (COL) at Dr. D.Y. Patil Vidyapeeth offers programmes like BBA, MBA, and specialised Post-Graduate Certificates to students. Here you can choose from the number of specialisations it offers, such as:

  • Sales and Marketing
  • Human Resource Management
  • Hospital & Healthcare Management
  • Finance
  • International Business
  • Logistic & Supply Management
  • Entrepreneurship Management
  • Event Management
  • Retail Management
Course Name Online MBA
College Type Private University
Duration 2 Years
Mode of Learning Online Mode
Learning Resources Interactive e-learning content, chat sessions, recorded lectures, and webinars are a part of the curriculum.
Course Fee INR

1,70,000

(Full course)

Entrance Exam NA
Admission Drive January and July
Exam Drive At the end of each semester
NIRF Ranking 77
NAAC Accreditation NAAC A++
Awards/ Recognitions UGC-DEB, AICTE
Placement Assistance CV/Resume Building, Industry Updates Through Experts, Three Interview Calls

7. Shivaji University (CDOE)

Shivaji University was established in 1962 and it was  named after the legendary Chhatrapati Shivaji Maharaj. The University was inaugurated by Dr. Radhakrishnan, the President of India at that time. The institution aims to meet the educational needs of South Maharashtra. It covers three districts and boasts a whopping 300,000 students, making it a bustling hub of learning.

They are all about making education accessible to everyone. When this University was started, its main aim was to bring higher education to rural youth and promote research for the region’s growth. They offer various specialisations, so you can pick the one that interests you the most, like:

  • Marketing Management
  • Human Resource Management
  • Financial Management
  • Production and Operations Management
  • International Business
Course Name Online MBA
College Type Govt. university
Duration 2 Years
Mode of Learning Online Mode
Learning Resources – Asynchronous/Pre-recorded lectures
– Synchronous (live) lectures
– Videos
– Self-Learning Material (e-SLM)
– Interactive discussion forums
Course Fee INR 63,810 (Full course)
Entrance Exam University’s entrance exam for online MBA
Admission Drive June-July & Jan-Feb
Exam Drive At the end of each semester
NIRF Ranking
NAAC Accreditation NAAC A++
Awards/ Recognitions UGC-DEB, AICTE
Placement Assistance

8.  Xaviers Institute of Business Management Studies (XIBMS)

Xaviers Institute of Business Management Studies (XIBMS) in Mumbai is one of India’s leading business schools. The institution provides programmes in business and management studies specifically designed for working professionals. The online Master of Business Administration (MBA) programme is crafted to fast-track your learning and enhance your skills.

This course is perfect for working professionals like yourself who want to dive deep into management studies to boost their careers in the corporate world. Plus, you have the option to choose from various specialisations such as:

  • Human Resource Management
  • International Business
  • Marketing Management
  • Business Strategy
  • Advertising
  • Brand Management
Course Name Online MBA
College Type Government University
Duration 2 Years
Mode of Learning Online Mode
Learning Resources Self Learning Material provided by the Institute
Course Fee INR 60,900.00 + 18% GST (Full course)
Entrance Exam
Admission Drive
Exam Drive
NIRF Ranking
NAAC Accreditation
Awards/ Recognitions AICTE,  Distance Learning Council of India, Bombay Management Association, ISTE
Placement Assistance They provide placement assistance to students through their dedicated placement cell. Students are required to send their updated CV on [email protected]

9. Amity Online

Amity Online University is a leading online education provider in India. It provides you a wide range of UG, PG, Diploma and Certificate programmes. The institution is recognised by UGC. They are one of Asia’s top 200 universities and accredited by the WASQ, US. They are known for their innovative approach to online learning. It includes diverse learning mediums, AI-powered learning assistance and career-focused programmes. You have the options to choose from various specialisations such as:

  • International Finance
  • MBA in Digital Marketing
  • Digital Entrepreneurship
  • Business Analytics
  • Data Science
  • HR Analytics
  • Digital Marketing Management
Course Name Online MBA
College Type Private University
Duration 2 Years
Mode of Learning Online Mode
Learning Resources Live and recorded classes, online learning material
Course Fee INR 1,79,000/-
Entrance Exam If you have obtained marks less than 40% in the last qualifying exam, you will be required to answer a test conducted by the University.
Admission Drive January – February & July – August
Exam Drive July & December
NIRF Ranking 35
NAAC Accreditation A+
Awards/ Recognitions UGC – DEB, AICTE, WES, WASC
Placement Assistance The University provides comprehensive placement assistance to the learners. They connect the students with various recruiters from a wide range of disciplines.

10. IGNOU 

The Indira Gandhi National Open University (IGNOU) was established by an Act of Parliament in 1985. IGNOU is famous for its high-quality teaching in the Open and Distance Learning (ODL) mode. Its Mumbai Regional Centre was established in Jan 2009 to expand educational opportunities in the region. The institution provides a wide range of programmes which include Certificates, Diplomas, UG and PG degrees. If you are a working professional or student seeking flexible learning options, you can opt IGNOU and this might be the best decision ever. They provide around 126 academic programs and have been recognised for its excellence. The best part is there are many specialisations available for you to choose from:

  • Human Resource Management
  • Financial Management
  • Operations Management
  • Marketing Management
  • Services Management
Course Name Distance MBA
College Type Government
Duration 2 years
Mode of Learning Offline
Learning Resources Self learning material is provided by the university.
Course Fee INR 62,000/-
Entrance Exam OPENMAT
Admission Drive March
Exam Drive Twice a year
NIRF Ranking 72
NAAC Accreditation A++
Awards/ Recognitions UGC – DEB, NCTE, AICTE
Placement Assistance They have a dedicated Campus Placement Cell (CPC) that conducts placement drives for students.

 

Takeaway

If you are a fresh graduate or working professional aiming to boost your career, a distance MBA is an ideal step for you. Nowadays, distance/online MBA programmes are very much aligned with the curriculum of the regular courses. The appeal of distance MBA lies in its convenience, flexibility, and affordability. Moreover, there is no major difference between a PGDM and an MBA, it is a matter of priority and personal goals. Therefore, identify your goals, career aspirations and path to make the right call for choosing an online/distance MBA.


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