Jagpreet
05 January, 2024
Table of Contents
“Today a reader, tomorrow a leader.” – Margaret Fuller
Came across the inspiring story of Swathi Aravindan, who earned a B.Tech. from IIT Madras. She had years of work experience in Product Development roles. However, she felt an Executive MBA would help grow her career. During the pandemic, she pursued a 15-month Online EMBA course from a foreign university. Then she switched her job & now she is leading a team that navigates the strategy & execution of a Global SaaS firm’s product roadmap.
This was the story of Swathi, 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 Online MBAs shine, offering a flexible and affordable 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 programmes at affordable costs.
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 own 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!
Here are some of the roles that you can take up after your Online MBA:
Explore your options with this list of cheapest Online MBA colleges:
| Sl# | University/College | Fee (INR) |
| 1 | IGNOU | 62,000 (Full course) |
| 2 | Uttaranchal University | 82,000 (Full course) |
| 3 | Bharati Vidyapeeth Deemed to be University | 1,30,000 (Full course) |
| 4 | Dr. D.Y. Patil Vidyapeeth COL | 1,40,200/ (Full course) |
| 5 | Jain University Online | 75,000 – 1,30,000 (Per Year) |
| 6 | Online Manipal University | 1,75,000 – 3,60,000 (Full course) |
| 7 | Amity University | 1,79,000 (Full course) |
Let’s discuss these cheapest online MBA colleges in detail:
IGNOU offers top-notch education at an affordable cost. With a rich history of empowering diverse learners, IGNOU facilitates flexible and high-quality learning. While full-fledged placement assistance is not provided, the institution’s placement cell notifies candidates about companies recruiting at the main campus in Delhi.
| Course Name | Online MBA degree |
| College Type | Government University |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | Digital Resources, Web-based Radio & TV, Digital Library, etc. |
| Course Fee | INR 62,000 (Full course) |
| Entrance Exam | – |
| Admission Drive | January & July |
| Exam Drive | June & December |
| NIRF Ranking | – |
| NAAC Accreditation | NAAC A++ |
| Awards/ Recognitions | University Grants Commission (UGC), AICTE |
| Placement Assistance | Campus Placement Cell |
Specialisations:
| Services Management | Marketing Management |
| Operations Management | HR Management |
| Financial Management |
Uttaranchal University is a private university located in Dehradun, Uttarakhand, India. The university offers a wide range of postgraduate programmes in many specialisations. It also has a strong focus on research and innovation, with over 3,000 research papers published in reputed journals.
| Course Name | Online MBA Degree |
| College Type | Private |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | Live + Recorded Lectures, Discussion Forum |
| Course Fee | INR 82,000 (Full course) |
| Entrance Exam | – |
| Admission Drive | – |
| Exam Drive | January & July |
| NIRF Ranking | – |
| NAAC Accreditation | NAAC A+ |
| Awards/ Recognitions | University Grants Commission (UGC), AICTE, WES |
| Placement Assistance | Career Assistance & Virtual Job Fairs |
Specialisations:
| Marketing Management | Financial Management |
| Digital Marketing | International Business |
| Human Resources | Information Technology |
| Business Analytics |
Bharati Vidyapeeth Deemed to be University (BVDU) is a prominent private university with a strong reputation in India. Founded in 1964 by the renowned educationist Dr. Patangrao Kadam, today it has grown into a multi-campus institution offering a diverse range of academic programmes across various disciplines.
| Course Name | Online MBA Degree |
| College Type | Private |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | LMS, Live Lectures, Discussion Forums |
| Course Fee | INR 1,30,000 (Full course) |
| Entrance Exam | – |
| Admission Drive | January & June |
| Exam Drive | January & July |
| NIRF Ranking | 91 (University Category) |
| NAAC Accreditation | NAAC A+ |
| Awards/ Recognitions | University Grants Commission (UGC) |
| Placement Assistance | Corporate Day, Certificate Course of Executive Excellence, etc. |
Specialisations:
| Marketing | Production & Operations |
| Finance | Event |
| Human Resource | Hospitality |
| Agribusiness | Information Technology |
| Retail | Sports |
| Project | Business Analytics |
| International Business | Infrastructure |
Dr. D.Y. Patil Vidyapeeth COL, or Dr. D.Y. Patil Vidyapeeth Centre for Online Learning, is a prominent online education provider in India. It’s a branch of Dr. D.Y. Patil Vidyapeeth, a deemed-to-be-university established in 2003 and known for its various campuses offering medical, dental, engineering, and management programmes.
| Course Name | Online MBA degree |
| College Type | Private university |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | E-Learning Material, Live Lectures, Webinars, Chat Sessions |
| Course Fee | INR ₹ 1,40,200/ (Full course) |
| Entrance Exam | – |
| Admission Drive | – |
| Exam Drive | February & September |
| NIRF Ranking | 81 (Overall Category) |
| NAAC Accreditation | NAAC A++ |
| Awards/ Recognitions | University Grants Commission (UGC), AICTE |
| Placement Assistance | Recruitment Drive |
Specialisations:
| Logistics, Materials & Supply Chain Management | Project Management |
| BlockChain Management | Operations Management |
| Digital Marketing Management | Hospital Administration & Healthcare Management |
| AgriBusiness Management | International Business Management |
| Marketing Management | FinTech Management |
| Human Resource Management | Business Analytics Management |
| Finance Management | Artificial Intelligence & Machine Learning Management |
| IT Management |
Jain University Online, a branch of the esteemed Jain (Deemed-to-be University) in Bangalore, offers a compelling option for those seeking flexible, global-quality education via online learning. Recognized by the University Grants Commission (UGC) and boasting several international accreditations, Jain Online brings its strong reputation for rigorous academics and industry focus to the online realm.
| Course Name | Online MBA degree |
| College Type | Private university |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | Project Based Learning, Live Lectures, Multimedia Content, Extensive E-Content, Printed Learning Material, Self-Study Activities (Quizzes, MCQs, Essay Type Questions, etc.), Discussion Forums, Access to LinkedIn Learning, Coursera, SWAYAM, etc. |
| Course Fee | INR 75,000 – 1,30,000 (Per Year) (Depends on Specialisation) |
| Entrance Exam | – |
| Admission Drive | January & July |
| Exam Drive | January & July |
| NIRF Ranking | 68 (University Category) |
| NAAC Accreditation | NAAC A+ |
| Awards/ Recognitions | University Grants Commission (UGC), AICTE |
| Placement Assistance | Mentoring Support, Career Support Services |
Specialisations:
| Banking and Finance | Information Technology Management |
| Business Intelligence and Analytics (Accredited by IoA, UK) | Integrated Marketing |
| Data Science and Analytics | International Finance (Accredited by ACCA, UK) |
| Digital Finance | Logistics and Supply Chain Management |
| Digital Marketing and E-Commerce | Marketing |
| Entrepreneurship and Leadership | Marketing and Human Resource Management |
| Finance | Project Management |
| Finance and Marketing | Retail Banking Operations |
| General Management | Strategic Finance (Accredited by CPA, US + CMA, US) |
| Healthcare Management | Strategic Human Resource Management (Integrated with SHRM Certification) |
| Human Resource Management | Systems and Operations Management |
| Human Resource Management and Finance |
Online Manipal University isn’t actually a separate university, but rather the umbrella term for online education initiatives undertaken by various institutions under the Manipal Education and Medical Group (MEMG). MAHE itself is a deemed university and the flagship institution of MEMG. Its Online wing offers a wide range of online undergraduate, postgraduate, and professional certificate programmes in diverse fields like Management, IT, Commerce, Arts, Data Science, and more.
| Course Name | Online MBA degree |
| College Type | Private University |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | UNext Labs, Coursera Access, Virtual Orientation, Epic.U, Campus Immersion, Expert Sessions & Webinars |
| Course Fee | INR 1,75,000 – 3,60,000 (Full course) |
| Entrance Exam | Manipal University Jaipur’s Online Aptitude Test |
| Admission Drive | – |
| Exam Drive | – |
| NIRF Ranking | 16 (Overall Category) |
| NAAC Accreditation | NAAC A+ |
| Awards/ Recognitions | University Grants Commission (UGC), AICTE, WES, NBA |
| Placement Assistance | Resume Building, Alumni Interactions, Industry-Readiness Sessions, Virtual Placement Drives, Interview Preparation |
Specialisations:
| General Management (13 Electives) | Banking and Financial Services |
Amity University Online is a prominent online learning platform established by Amity University, one of India’s premier private universities. Recognised by the University Grants Commission (UGC) for offering online degrees and diplomas, Amity Online boasts a rich portfolio of programmes and a strong reputation for quality education and innovation.
| Course Name | Online MBA Degree |
| College Type | Private |
| Duration | 2 Years |
| Mode of Learning | Online |
| Exam Mode | Online |
| Learning Resources | Printed Books, Audio Books, E-Books, Videos, and Campus Library Resources |
| Course Fee | INR 1,79,000 (Full course) |
| Entrance Exam | A Test is conducted for those who have scored less than 40% marks in Graduation |
| Admission Drive | January and July |
| Exam Drive | June and December |
| NIRF Ranking | 57 (Overall Category) |
| NAAC Accreditation | NAAC A+ |
| Awards/ Recognitions | University Grants Commission (UGC) |
| Placement Assistance | Industry Mentors, Virtual Placement Drives, Master Classes for Resume Building, Interview Preparation, Hands-On Projects |
Specialisations:
| International Finance | Data Science |
| Digital Entrepreneurship | HR Analytics |
| Business Analytics | Digital Marketing Management |
| 1. MBA in General Management | 13. MBA in Business Analytics |
| 2. MBA in Marketing Management | 14. MBA in Entrepreneurship |
| 3. MBA in Digital Marketing | 15. MBA in International Business |
| 4. MBA in Human Resources | 16. MBA in Leadership |
| 5. MBA in Finance | 17. MBA in Project Management |
| 6. MBA in Operations Management | 18. MBA in Banking and Finance Management |
| 7. MBA in Healthcare Management | 19. MBA in Finance and Accounting |
| 8. MBA in Information Technology | 20. MBA in Hospitality Management |
| 9. MBA in Rural Management | 21. MBA in International Trade Management |
| 10. MBA in Logistics & Supply Chain Management | 22. MBA in Retail Management |
| 11. MBA in Event Management | 23. MBA in Business Management |
| 12. MBA in Accounting |
Don’t let money stop you from unleashing your inner leader. Do your research, find a programme that fits your low budget and interests, and get ready to level up your game. Remember, this is an investment in YOU, and the rewards can be bigger than you imagine.
So, chin up, future leader! Your management journey starts now, and you can reach the top without breaking the bank.
