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Jagpreet
21 April, 2025
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“Today a reader, tomorrow a leader.” – Margaret Fuller
Have you heard the inspiring story of Swathi Aravindan, who earned a B.Tech. from IIT Madras? She had years of work experience in product development roles, but she felt an executive MBA would help grow her career. She looked for affordable online MBA programmes during the pandemic and pursued a 15-month Online EMBA course from a foreign university. Then, she switched jobs, and now she is leading a team that navigates the strategy and execution of a Global SaaS firm’s product roadmap.
This was Swathi’s story; the next can be yours. In today’s competitive job market, an online MBA can be a valuable asset that can open the doors to higher salaries, leadership roles, and career advancement. However, the steep fee of traditional MBA programmes can seem daunting, especially for working professionals and students with limited budgets. This is where the Online MBA shines. You can get the cheapest online MBA in India, offering a flexible pathway to a coveted management degree.
Here’s some good news: You don’t have to compromise quality for affordability when it comes to online MBAs in India. Several esteemed universities and institutions offer high-calibre online MBA courses with less fees.
Related: How to Finance Your Online MBA Education – Tips
One of the articles published in Fortune reports that MBA graduates are achieving six-figure salaries as the new standard. Imagine having a magic key that unlocks tons of awesome career options, way more than just the usual doctor, engineer, or teacher! That’s kind of what an reasonable Online MBA is like. Think of it like a magic suit. Let’s see what this suit can do for you.
So, let’s say you love tinkering with gadgets and computers. This suit can help you become a tech boss, leading the charge at a cool startup or even building your app empire! Or maybe you are a wordsmith who loves stories – with this suit, you can become a marketing whiz, crafting campaigns that capture everyone’s attention.
The best part is that you don’t have to choose just one path! This suit gives you the flexibility to switch directions whenever you want. Maybe you start in marketing but then decide you want to be the CEO. Boom! The suit’s got you covered.
Remember, it’s all about taking control of your future and shaping it into something amazing. So, if you are feeling curious about this whole MBA thing, go ahead and explore it! You might just discover your own superhero potential!
There are so many colleges in India that offer quality education with flexibility and accessibility. You can learn about such colleges through recognitions and the NIRF ranking. But what about affordability? To make it easy for you, we have listed the colleges that offer online MBA with less fees.
| Sl# | Low Cost MBA Online Colleges | Fee (Full Course) |
|---|---|---|
| 1 | IGNOU | INR 62,000 (Full Course) INR 15,500 (Semester Wise) |
| 2 | Uttaranchal University | INR 35,000 (per semester) INR 68,000 (per Year) |
| 3 | Bharati Vidyapeeth Deemed to be University | INR 1,60,000 (Full course) |
| 4 | Dr. D.Y. Patil | INR 1,89,400 |
| 5 | Jain University Online | INR 49,000 – INR 97,000 (Semester Fee) (depending on specialisation) INR 1,96,000 – INR 2,98,000 (Full programme fees) |
| 6 | Online Manipal University | INR 1,75,000 – 3,60,000 (Full course) |
| 7 | UPES | INR 1,75,000 |
| 8 | Manav Rachna International Institute of Research and Studies | INR 1,28,139 Total Course Fee (Lumpsum) |
| 9 | LPU Online | Programme Fee: INR 43,000 Total Fee (if paid semester-wise): INR 1,80,000/- |
| 10 | ICFAI Online | INR 2,00,000 |
Let’s discuss each college in detail.
One of the best distance MBA colleges in India is IGNOU. It also offers the cheapest online MBA in India. You can complete your whole MBA degree for just INR 62000. Not only does it offer an affordable online MBA, but it is also a UGC-DEB recognised, NAAC A++ accredited university. You can complete your MBA at home and manage your personal and professional commitments.
| University Details | |
|---|---|
| Year of Establishment | 1985 |
| Ownership | Government |
| Management Course | MBA |
| Approvals & Recognition | UGC – DEB, AICTE, NAAC A++ |
| Fee Structure | INR 62,000 (Total Fee) INR 15,500 Per Semester |
| Course Duration | Min: 2 Years & Max: 8 Years |
| Mode of Education | Distance Mode |
| Eligibility Criteria |
The eligibility criteria for admission to MBA programmes would be as per the AICTE norms. • Any graduate (Including Chartered Accountancy/Cost Accountancy/Company Secretaryship) with 50% marks for the general category/45% for the reserved category as per government of India rules. • Clearance of OPENMAT conducted by IGNOU. |
| Specialisations |
Operations Management Human Resource Management Financial Management Marketing Management |
It is a private university, situated in Uttarakhand, India’s capital city of Dehradun. The institution has received the esteemed A+ Grade from the National Assessment and Accreditation Council (NAAC), an autonomous body of the institution Grants Commission in India. Currently ranked among the top 5% of HEI in the nation, Uttaranchal University was the first private university in Uttarakhand to receive a “NAAC A+” grade in the first accreditation cycle. It offers you personal job assistance, LMS, e-library and other facilities. This is the right fit if you are looking for an affordable online MBA.
| University Details | |
|---|---|
| Year of Establishment | 1956 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC-DEB, AICTE, NAAC A+ |
| Fee Structure | INR 35,000 (per semester) INR 68,000 (per Year) |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | A Bachelor’s degree of a minimum of three years duration with a minimum of 50% marks for the General and 45% marks in case of Reserved Category in the qualifying examination. |
| Specialisations |
Marketing Management Business Analytics International Business Human Resource Management Financial Management |
| Semester Wise Payments | Amount |
|---|---|
| 1st Semester | INR 35,000 |
| 2nd Semester | INR 35,000 |
| 3rd Semester | INR 35,000 |
| 4th Semester | INR 35,000 |
| Total | INR 1,40,000 |
| Yearly Fee Payments | Amount (₹) |
|---|---|
| 1st Year | INR 68,000 |
| 2nd Year | INR 68,000 |
| Total | INR 1,36,000 |
This includes the examination fee of ₹2,500 per semester.
BVDU is a well-known private institution with an excellent reputation. Established in 1964 by the esteemed educationist Dr. Patangrao Kadam, it has expanded into a multi-campus establishment providing various academic programmes across multiple subjects. If you are looking for a low-cost MBA online, you can complete your MBA for INR 1,60,000/-. Additionally, it offers live recorded lectures, one-to-one guidance, and personal assistance with placements.
| University Details | |
|---|---|
| Year of Establishment | 1964 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC Category 1, AICTE, NIRF 91 (University), NAAC A+ |
| Fee Structure | INR 1,60,000 (Full Course) |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria |
• Graduate (10+2+3) from any recognised university. • The candidate should have secured at least 50% (45% for SC/ST) in aggregate at the graduate level of the university examination. |
| Specialisations |
Marketing Management Financial Management Human Resource Management International Business Management Product and Operations Management Information Technology Management Agribusiness Management Retail Management |
| MBA Fee Structure Batch | Amount |
|---|---|
| Tuition Fees | INR 1,60,000 |
| Registration Fees | INR 1,000 |
| Admission Fees | INR 1,000 |
This is one of the renowned private universities in India. Your learning and professional development may be further enhanced by the all-inclusive educational experience of the affordable online MBA programme. You access an extensive research and study materials collection through a digital library. The programme provides five additional learning certifications in addition to the core curriculum, allowing you to expand your knowledge in various business-related fields. You can apply theoretical knowledge to real-world settings with the help of more than 100 case studies and study guides, which may promote practical comprehension.
| University Details | |
|---|---|
| Year of Establishment | 2003 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC, AICTE, NIRF 81 (Overall Category), NAAC A++ |
| Fee Structure | INR 1,89,400 (Full Course) |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | • 10+2 of India obtained from recognised Central (CBSE / ISC) or State Boards |
| Specialisations |
Logistics, Materials & Supply Chain Management Project Management BlockChain Management Operations Management Digital Marketing Management Hospital Administration & Healthcare Management AgriBusiness Management International Business Management |
It is deemed to be a university, offering you the cheapest online MBA in India. It also provides 70 electives at your disposal and allows you to match your education to your interests and future goals. As a result of the program’s association with over seven eminent international professional groups, your professional network and industry recognition will grow. Through the programme’s connections to more than 2000 recruiting corporates, you may have plenty of options to further your career and find work. To further enhance your educational journey, you may get access to over 20,000 courses on LinkedIn Learning, allowing you to learn new things at your speed.
| University Details | |
|---|---|
| Year of Establishment | 1990 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC, AICTE, NIRF 68 (University Category), NAAC A++ |
| Fee Structure | INR 49,000 – INR 97,000 (Semester Fee) (vary for specialisations) INR 1,96,000 – INR 2,98,000 (Full Programme Fees) |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria |
• Pass in an Undergraduate (Bachelor) Programme of a minimum duration of Three (3) years in any stream from a UGC recognised University, with a minimum aggregate of 50 % or an equivalent letter/numerical grade. • A relaxation of 5% shall be given to SC/ST candidates. |
| Specialisations |
Human Resource Management General Management Systems and Operations Management Finance and Marketing Human Resource Management and Finance Marketing and Human Resource Management Information Technology Management Healthcare Management |
It is known for the cheapest online MBA in India. MUJ’s online Master of Business Administration (MBA) programme equips you with the skills necessary to succeed as a leader in the competitive world. You may get placement assistance, one-to-one feedback sessions, and live lectures at lower fees.
| University Details | |
|---|---|
| Year of Establishment | 1953 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC, AICTE, NIRF 16 (Overall Category), NAAC A+ |
| Fee Structure | INR 1,75,000 (Course Fee) INR 43,750 (Each Semester) EMI STARTING INR 7,292/month |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognised university/institution or an equivalent qualification as recognised by the Association of Indian Universities. |
| Specialisations |
Finance Marketing Human Resource Management Analytics & Data Science Operations Management International Business |
This university offers a two-year MBA programme with low-cost MBA online with easy EMI plans and semester-wise fees. Its focus on marketing management gives students the skills necessary to develop and implement marketing strategies, carry out market research, maintain brand identity, and assess the efficacy of marketing campaigns. With the newest skills, knowledge, and techniques in consumer behaviour, market analysis, and marketing strategy, this programme puts students ahead of the curve and helps them launch profitable businesses.
| University Details | |
|---|---|
| Year of Establishment | 2003 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC, AICTE, NIRF 52 (Overall Category), NAAC A |
| Fee Structure |
INR 7,292 Monthly INR 1,75,000 Total Easy EMI Plan: Study stress-free and focus on smaller, manageable payments over 24 months. Semester-wise Fee: Opt for our straightforward semester-wise fee structure and pay just INR 43,750 per semester (total 4 semesters) |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognised university/institution or an equivalent qualification. |
| Specialisations |
Finance Oil & Gas Power Management Marketing Human Resource Management Business Analytics Operations Management International Business |
This institute offers an online “Master of Business Administration (MBA)” degree that offers students a multidisciplinary approach to help them design their careers both inside and outside of their field of study and to meet the changing needs of society. It offers one of the cheapest online MBA degrees as a semester as you can pay yearly and semester-wise. It also offers financial aid and scholarship programmes.
| University Details | |
|---|---|
| Year of Establishment | 1997 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC, AICTE, NAAC A++ |
| Fee Structure |
Semester-wise Fee: INR 41,999 (only first semester) INR 32,000 (for remaining semester) Year-wise Fee: |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognised university/institution or an equivalent qualification |
| Specialisations |
Digital Marketing Business Intelligence & Analytics Health-Care Management International Business Management Information System |
One of the best private universities, LPU online for pursuing an online MBA. It offers 9 specialisations. You can pay the fees online on the admission portal via Debit Card/Credit Card/UPI/Wallets/Net Banking etc. LPU gives you the flexibility to choose how you want to go about achieving your goals. With an industry-focused curriculum, the online MBA programme offers flexible online exams, placement assistance, master classes led by business professionals, and live lectures by elite faculty on weekends. You can complete your MBA at affordable rates from LPU online university.
| University Details | |
|---|---|
| Year of Establishment | 2005 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC-DEB, AICTE, NIRF (46 Overall Category), NAAC A++ |
| Fee Structure |
Programme Fee: INR 43,000 Total Fee (if paid semester-wise): INR 1,80,000 Total Fee (if paid lump sum): INR 1,62,800 |
| Course Duration | 2 Years |
| Mode of Education | Online |
| Eligibility Criteria | You must have completed a bachelor’s degree. A minimum aggregate score of 50% in a bachelor’s or any other equivalent degree. |
| Specialisations |
Data Science Marketing Information Technology Finance Human Resource Management Operations Management International Business Entrepreneurship Healthcare Management |
Here, you can see how LPU online offers the cheapest online MBA in India.
| Fee Category | Amount |
|---|---|
| Programme Fee | INR 43,000 |
| Examination Fee | INR 2,000 (per semester) |
| Total Fee (if paid semester-wise) | INR 1,80,000/- |
| Total Fee (if paid lump sum) | INR 1,62,800/- |
| After a 25% Student Grant (valid till 20th Sep 2024) | |
| Programme Fee (After Grant) | INR 34,400 |
| Examination Fee (After Grant) | INR 2,000 |
| Total Fee (After Grant) | INR 1,45,600 |
| Total Fee (if paid lump sum, After Grant) | INR 1,31,840 |
It is deemed to be a university, offering an affordable online MBA programme in 2 years duration. Working professionals and recent graduates who want to pursue careers in management can enrol in the online MBA programme. The programme includes an entrepreneurship practicum/business research project and a cafeteria approach to electives to meet the growing demand for interdisciplinary, enterprising, and creative managers. All programmes offered under online and distance learning modes are administered through the Center for Distance and Online Education (CDOE), IFHE, Hyderabad. Check out the fee structure and payment options below.
| University Details | |
|---|---|
| Year of Establishment | 1956 |
| Ownership | Private |
| Management Course | MBA |
| Approvals & Recognition | UGC-DEB, AICTE, NIRF (40 Overall Category), NAAC A+ |
| Fee Structure | INR 2,00,000 (Total Course Fee) |
| Course Duration | Min: 2 Years |
| Mode of Education | Online |
| Eligibility Criteria |
• You must have completed a bachelor’s degree. • A minimum aggregate score of 50% in a bachelor’s or any other equivalent degree. |
| Specialisations |
Human Resources Finance Marketing IT & Operations |
| Fee Details | |
|---|---|
| Admission Fee | ₹ 20,000 |
| Programme Fee | ₹ 1,80,000 |
| Total Fee | ₹ 2,00,000 |
| Payment Details | |
|---|---|
| A) Year Wise Fee Payment |
– Admission Fee ₹ 20,000 – 1st Year Fee ₹ 90,000 – 2nd Year Fee ₹ 90,000 |
| B) Semester Wise Fee Payment |
– Admission Fee ₹ 20,000 – 1st Semester Fee ₹ 45,000 – 2nd Semester Fee ₹ 45,000 – 3rd Semester Fee ₹ 45,000 – 4th Semester Fee ₹ 45,000 |
Note: The candidates are required to pay the Admission Fee and the Programme Fee as applicable based on the payment option (A) or (B) chosen above.
India’s most affordable online MBA programmes provide you with a remarkable chance to fulfil your academic and professional ambitions without worrying about paying expensive fees. These programmes ensure a thorough education by providing high-quality instruction, flexibility, and a wealth of resources. Don’t allow a lack of money to prevent you from achieving your goals. You may invest in your future, develop your abilities, and open up new professional chances with reasonably priced MBA alternatives. Utilise these cheapest online MBA programmes in India to set yourself up for success and demonstrate that, despite your financial circumstances, a better future is attainable.
IGNOU offers a distance MBA and has the cheapest fees, at INR 62,000. Apart from lower fees, IGNOU is one of the best open universities in the central government. Its regional centres are located throughout India.
Some of the colleges that offer the cheapest online MBAs in India are IGNOU, Uttaranchal University, Bharti Vidyapeeth, and Jain University Online.
Online MBAs from colleges such as Jain University, Amity University, DY Patil University, and Chandigarh University are regarded as the best in India.
There are colleges such as Jain University, Uttaranchal University, Online Manipal University and Bharati Vidyapeeth University that offer cheap online MBA programmes in India.
Yes, many companies accept online MBAs. In fact, companies visit renowned colleges such as Online Manipal, Uttaranchal University, and Chandigarh University, hire students, and provide on-campus placements.
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