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Online MBA - Eligibility, Admission 2024, Top Colleges, Fees, Syllabus, Jobs, Salaries

Online MBA - Eligibility, Admission 2024, Top Colleges, Fees, Syllabus, Jobs, Salaries

Edited By Vivek Kumar | Updated on Oct 28, 2024 04:52 PM IST | #MBA

An Online MBA is a two-year postgraduate programme delivered in a virtual mode. More than 60 UGC-approved colleges in India, which include over 40 private colleges and more than 15 government colleges, offer the best online MBA programs. Several IIMs such as IIM Ahmedabad also offer this two-year online management programme.

The average online MBA fees in India range from Rs 30,000 and Rs 20 lakhs, depending on the institutes. Candidates with a bachelor’s degree in a relevant discipline are eligible to apply for an MBA degree online. Some colleges also consider scores of entrance exams like CAT, MAT, XAT, or SNAP as part of their online MBA admission.

After completing an online MBA course, graduates can pursue various job roles in their desired fields, including banking, finance, e-commerce, healthcare, IT, and entertainment. Some of the popular careers are Project Manager, HR Manager, and Accountant. An online MBA graduate in India can earn an average salary of Rs 9 lakhs p.a.

Also Read: How to Choose the Best Online MBA Course in India?

Online MBA Course Highlights

The following table highlights the details of the online MBA course, eligibility criteria, top colleges, admission process, fees, job roles, and top recruiters.

ParticularsValue

Course Name

Online MBA

Full Form

Master of Business Administration

Course Type

Degree

Course Level

Postgraduate

Duration

2 Years

Eligibility Criteria

Bachelor's and Work Experience (required for some programmes)

Online MBA Admission Process

Merit and Entrance Examination

Entrance Exams

CAT, MAT, XAT, SNAP, GMAT, CMAT

Top Online MBA Specialisations

Marketing, Finance, Operations Management, Human Resource Management, Business Analytics, International Business

Online MBA Fees

Rs 30,000 to Rs 20 lakhs

Top Online MBA Colleges

Amity Online, Manipal Online, JAIN Online, UPES Online, IFHE Hyderabad

Popular Online MBA Job Roles

Financial Advisor, Finance Manager, Project Manager, Business Development Manager, Advertising Manager, Brand Manager, Marketing Manager

Average Annual Salary

Rs 4 lakhs - Rs 10 lakhs

Employment Areas

Finance, Banking, Insurance, Advertisement, Human Resource Management, Marketing, Entertainment, Information Technology

Top Recruiters

Amazon, Flipkart, Microsoft, TCS, HCL, Deloitte

Why Study Online MBA?

An Online MBA is designed to provide the skills essential to gain management positions or become entrepreneurs. Admission to an MBA degree online is done based on merit. There are several specialisations available in an online MBA, allowing students to study and specialise in their desired areas. Some of the popular online MBA specialisations include finance, marketing, human resources, international business, project management, and operations.

Pursuing an MBA degree online is more affordable and accessible than a regular MBA. Students can learn at their own pace and study from anywhere. The programme is a viable option for individuals looking to improve their careers while balancing their studies and professional lives.

One of the benefits of an Online MBA is that it helps develop students' organisational and management skills for sustainable business growth. The programme involves a robust curriculum encompassing core subjects, electives, case studies, and industry projects, with an opportunity to participate in internships.

Some of the reasons to pursue an online MBA are as follows:

  • Self-paced learning
  • Flexibility
  • Cost-effectiveness
  • Career advancements
  • Higher salary
  • Vast employment opportunities
  • Industry exposure
Top UGC Approved Colleges for Online MBA
Download this ebook and get all details related to the top UGC approved colleges for Online MBA.
Download List Here

Who Can Pursue Online MBA?

An online MBA course is ideal for both graduates as well as working professionals to excel in the management field. Several universities offer online MBA programs for working professionals, allowing them to study at their own pace and convenience.

An Online MBA is apt for:

  • Working Professionals
  • Entrepreneurs
  • Career Changers
  • Recent Graduates

Online MBA Eligibility Criteria

The eligibility criteria for MBA online courses vary among institutes. The minimum online MBA qualification is a bachelor's degree. Candidates must meet the eligibility requirements to get admission to top online MBA colleges in India:

Educational Qualifications:

  • Bachelor's degree in a relevant discipline from a recognised university

  • A minimum aggregate mark of 50% (45% for SC/ST candidates)

  • Final-year students are also eligible to apply for MBA online courses

Aptitude Test:

  • Candidates are required to sit for management entrance exams as some colleges consider scores of XAT, CAT, MAT, CMAT, and SNAP as part of their admission process.

  • Candidates must have qualified for the exam with a minimum online MBA cut off

  • Colleges like Manipal Online conduct their online aptitude test as part of the admission process.

Work Experience:

  • While it is not mandatory, having a certain year of work experience in a relevant field would be an added advantage

  • The work experience requirement may vary from one institute to another, however, the minimum requirement is three years after graduation

Age:

  • There is no age bar to apply for online MBA courses in India

Online MBA Admissions

Admission to Online MBA programs may vary depending on the institute. The common admission process involves the submission of an online application form with relevant documents and requisite admission fees. Candidates need to follow certain steps to get enrolled in top B-schools for online MBA:

Step 1: Online Application Form:

  • Visit the official website of the university of your choice and meet the admission requirements

  • Complete the application process by entering the required details - personal, academic and work experience

Step 2: Uploading of Documents:

  • Upload the necessary documents after completing the application form online

  • Documents required for Online MBA admission include 10th and 12th mark sheets, Bachelor's degree mark sheet and certificate, work experience certificate (if any), letters of recommendation, and a Statement of Purpose (SOP)

  • The document requirements may vary depending on the college

Step 3: Application Fees:

  • After the online application form and uploading the relevant documents, pay the requisite application fee to complete the MBA online admission process.

Also Read: Is 1-Year Online MBA Valid in India?

Online MBA Entrance Examinations

While many universities offer direct admission to an online MBA degree course based on merit, some consider scores of management entrance exams. The following table lists some of the popular entrance exams for online MBA courses in India.

MBA Exams

Details

CAT

The Common Admission Test is one of the popular MBA entrance exams in India. It is conducted on a rotational basis by IIMs. Many B-schools consider CAT scorecards for their online MBA admission.

XAT

The Xavier Aptitude Test is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to MBA online programs.

MAT

All India Management Association (AIMA) conducts the Management Aptitude Test (MAT) four times a year in February, May, September and December. Taking MAT is the best option to get admission to online MBA colleges in India.

SNAP

It is a national-level entrance exam conducted by Symbiosis International University for admission to its PGDM courses. Candidates can also apply for admission to other management universities and colleges with SNAP.

CMAT

The National Testing Agency (NTA) conducts the CMAT exam annually for admission to management courses. CMAT is held in an online (computer-based) mode and is valid for admission to online MBA/PGDM colleges in India.


Also Explore:

Top Online MBA Colleges in India

There are several colleges in India offering online MBA courses in diverse specialisations. Candidates can enrol in the programme after fulfilling the eligibility criteria set by their preferred colleges. The following highlights some of the top online MBA colleges in India.

Online MBA Colleges

Online MBA Course Fees

Manipal Online

Rs 1,75,000

Amity Online

Rs 1,79,000

Mangalayatan University Online

Rs 67,000

KL OnlineRs 65,500 - Rs 85,500
Graphic Era University OnlineRs 80,000

Shoolini University Online

Rs 1,50,000

Amrita AHEAD Online

Rs 1,70,000

ICFAI University Online

Rs 2,00,000

Chitkara University OnlineRs 2,00,000 - Rs 2,50,000

LPU Online

Rs 1,62,800

IIM AhmedabadRs 20,00,000

Online MBA Fees

MBA online course fees may vary depending on the institute, ranging from Rs 30,000 to Rs 20 lakhs. The fees may include charges like examination fees and more. Students must visit the official website of their chosen university to check fee details.

Online MBA Duration

The minimum online MBA course duration is two years. Many universities also allow students to complete the programme with a maximum duration of four years.

The duration of an online MBA may vary depending on the student's pace of study, course curriculum, and the institute. The programme offers flexibility to meet the needs of working professionals and individuals with other commitments.

Also Read:

Online MBA Syllabus

The syllabus of an Online MBA course comprises foundational and core subjects, with electives and capstone projects. The curriculum also offers various specialisations that students can choose based on their areas of interest. The online MBA curriculum may vary depending on the institution and the specific specialisation.

The following table highlights the semester-wise Amity Online MBA syllabus.

Online MBA 1st Year Subjects

Semester 1

Managerial Economics

Statistics for Management

Professional Comunication

Accounting for Managers

Marketing Management

Semester 2

Legal Aspects of Business

Financial Management

Business Research Methods

Human Resource Management

Conflict Resolution and Management

Online MBA 2nd Year Subjects

Semester 3

Strategic Management

Professional Ethics

Minor Project

Specialization Electives

Semester 4

Management in Action - Social Economic and Ethical Issues

Digital Marketing

Major Project

Specialization Electives

Popular Online MBA Specialisations

An online MBA degree is offered in different specialisations that students can choose from based on their area of interest. Some of the popular online MBA specialisations are as follows.

Types of MBA Courses

An MBA is one of the popular management courses among students and working professionals. Apart from online MBA and regular MBA programmes, MBA degrees are also offered in multiple modes of education, which help students complete their programmes at their convenience. Some of the types of MBA courses are:

Online MBA From IIMs

Since an online degree in management has become a popular choice, aspirants also have the option to pursue an online MBA from IIMs.

IIMsFees
IIM AhmedabadRs 20,00,000
IIM RanchiRs 12,50,000
IIM KashipurRs 12,20,000
IIM Kozhikode
Rs 14,70,000
IIM Raipur
Rs 13,00,000
IIM Visakhapatnam
Rs 10,80,000

What After Online MBA?

Numerous career options are available for students after completing an online MBA. They can enter the private and public sectors. The scope of an MBA online course includes finance, marketing, operations, accounting and management, real estate, e-commerce, retail, fashion, hospitality, healthcare, and others. Graduates can also excel in leadership and managerial positions in top businesses.

Some of the popular online MBA job roles are as follows:

Manager: A Manager is a senior-level role. He or she is responsible for managing a department or overseeing various operations. Managers also coordinate with the staff and supervise them.

Sales Manager: A Sales Manager heads the sales department. He or she guides the sales personnel, assigning them monthly targets and supervising their performance.

Marketing Manager: A Marketing Manager is responsible for promoting and positioning the products and services of a company for higher sales conversion. He or she plans strategies for marketing campaigns to attract customers.

Financial Advisor: A Financial Advisor is another one of the highest-paying MBA jobs. He or she is responsible for providing financial services to clients based on their financial situation.

Brand Manager: A Brand Manager is a professional who builds brand value and changes public perceptions of a brand. He or she focuses on the organisation’s goals and maximum profit.

Also Read: Is Online MBA Recognized by UGC?

Online MBA Salary in India

The salary of an online MBA graduate may vary depending on the specialisation chosen, experience level, industry type, and job location. In India, an individual with an online MBA degree can earn an average salary of Rs 955,000 p.a. The following table shows the list of MBA salaries based on different job profiles.

Job ProfilesAverage Salary (annually)

Business Manager

Rs 1,105,827

Sales Manager

Rs 6,05,589

Marketing Manager

Rs 7,74,145

Brand Manager

Rs 7,97,880

Accountant

Rs 2,92,993

*Source: PayScale

Online MBA Top Recruiters

Several top companies in India and abroad offer various employment opportunities to online MBA graduates. These companies recruit candidates to meet their business objectives and goals. Some of the top recruiters for online MBA graduates are given below:

  • Amazon
  • Flipkart
  • Swiggy
  • HCL
  • TCS
  • Deloitte
  • JP Morgan Chase
  • Microsoft

Explore Related E-Books: A Complete Guide to Online MBA

Conclusion

With several top colleges offering quality education with flexible learning options and promising career opportunities, pursuing an Online MBA plays a significant role in achieving your career goals.

Online MBA courses help develop business management knowledge and skills while empowering individuals to take their careers to new heights. Graduates can pursue a career in the public and private sectors and apply leadership skills in real business scenarios.

Frequently Asked Questions (FAQs)

1. Is work experience required to pursue an online MBA programme?

It is not mandatory, however, candidates with a certain year of work experience would get an added advantage for MBA online admissions. Several best online MBA colleges look for candidates with work experience.

2. Is an online MBA beneficial for working professionals?

Online MBA programmes offer great flexibility, particularly making it beneficial for working professionals who are unable to attend classes in person. The programme allows them to study while working at their own pace and convenience.

3. What is the scope of an online MBA?

Pursuing an MBA degree online equips learners with advanced business administration and management concepts. It provides them with a vast career scope in both private and public sectors to take their careers to new heights.

4. Can I pursue an online MBA from IIMs?

Yes. You can pursue IIM Online MBA courses. IIM Ahmedabad, IIM Ranchi, IIM Bangalore, IIM Kozhikode and IIM Lucknow offer the best online MBA programs with specialisations in different areas of management.

5. Is an online MBA equivalent to a regular MBA?

Both MBA programmes hold the same value as per UGC guidelines. They provide advanced business concepts and management practices while opening room for a variety of career options.

6. Is an online MBA worth pursuing?

Online MBA courses do not only provide an in-depth understanding of business and management concepts. It also creates various career opportunities for students in diverse fields.

7. Do the Big 4 Firms accept candidates with an online MBA?

Big 4 (Deloitte, PwC, KPMG and EY) are globally recognised professional services firms. As getting into these firms requires business skills and industry knowledge, online MBA courses are a great option for freshers and professionals to advance their qualifications.

8. What is the duration of an MBA course in online mode?

The minimum duration of an online MBA is 2 years, with a maximum duration of 4 years. The course duration may vary depending on the student's pace of study.

9. What is the fee for an online MBA?

The fee of an online MBA varies depending on the college and type (government and private). The average online MBA fee ranges from Rs 30,000 to Rs 20 lakhs.

10. What is the difference between an Online MBA and an Executive MBA?

An online MBA is a 2-year management degree programme for both freshers and working professionals. Conversely, an Executive MBA is a specialised programme for working individuals spanning 15-24 months.

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Questions related to MBA

Have a question related to MBA ?

Hello,

The average package for an MBA graduate in India varies widely depending on several factors, such as the institution's reputation, specialization, and candidate skills. Here’s a breakdown:

  1. Top-Tier Institutes (IIMs, ISB) :

    • Average Package : Rs. 20-30 LPA (Lakh Per Annum).
    • Highest Package : Can go up to Rs. 70 LPA or more for select roles and companies.
  2. Tier-2 Institutes (SPJIMR, MDI, XLRI) :

    • Average Package : Rs. 12-18 LPA.
    • Top Offers : Around Rs. 25-30 LPA.
  3. Other Institutes :

    • Average Package : Rs. 6-10 LPA.
    • Top Offers : Up to Rs. 15-20 LPA for strong candidates.
  4. Sector Impact :

    • Consulting, finance, and tech sectors often offer higher packages compared to manufacturing and sales.
  5. Specialization :

    • Finance, consulting, and data analytics specializations tend to attract higher packages than other fields.

Overall, an MBA from a reputed institute significantly boosts earning potential.

Hope it helps !

Yes, there are several MBA colleges in Vadodara that offer part-time programs, allowing you to pursue your MBA while working. Here are a few options:

  • Drs. Kiran & Pallavi Patel Global University: This university offers a part-time MBA program that is designed for working professionals. The classes are held on weekends and evenings, so you can continue to work full-time.
  • The Maharaja Sayajirao University of Baroda: The university offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
  • Parul University: Parul University offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
  • Navrachana University: Navrachana University offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
  • ITM Vocational University: ITM Vocational University offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.

These are just a few of the many MBA colleges in Vadodara that offer part-time programs. Be sure to research each college carefully to find the one that best meets your needs and goals.

For more information about MBA colleges in India, you can go through the link attached below.

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india

Percentile is basically the performance of candidate with respect to total number of candidates.

For mht mba cet percentile for various marks range is

Marks.                     Percentile

160+                         99.5+

150+.                        99.0+

150-140.                   99-98

140-130.                   98-97

130-120.                    97-96

120-110.                    96-95

110-100.                    95-94

100-90.                      94-93

90-80.                        93-92

80-70.                        92-80

Hello and thank you for reaching out!

Let me help clarify your question about pursuing a Ph.D. after MBA Agriculture at IGKV Raipur, Chhattisgarh.

Yes, you can generally pursue a Ph.D. after completing your MBA in Agriculture, provided you meet the eligibility criteria. Here's what you typically need to know:

Requirements usually include:

1. A master's degree (MBA Agriculture in your case) with minimum required percentage (usually 55-60%)

2. Valid entrance test scores (like UGC NET/JRF or university-specific entrance tests)

3. Research proposal submission

4. Personal interview performance


The admission process typically involves:

- Submitting your application during the announced admission period

- Qualifying the entrance examination

- Attending document verification

- Clearing the interview round

- Research proposal evaluation

However, for the most accurate and up-to-date information about Ph.D. admissions, I strongly recommend:

1. Checking the official university website

2. Contacting the university's admission office directly

3. Reviewing the detailed Ph.D. prospectus when it's released

4. Monitoring admission announcements regularly

Would you like to know more about Ph.D. preparation or research areas in agricultural management? Feel free to ask any specific questions, and I'll be happy to help!

For comprehensive information about agricultural education and research opportunities, you can also visit our website.

Hello,

Many educational institutions and web portals provide credit cards through which the candidate can opt for the MBA program without any MAT credit. The courses are mostly available from private universities or web portals through which flexibility regarding methods of admission is available. Besides the common method of entrance exams, admissions might be granted based on prior academic performance, professional experience, or interviews.

Such programs require a lot of student research to ascertain whether one's MBA degree will be valued in the job market. Inconvenience by using a credit card to finance education only matters less when one thinks of interest rates and repayment terms since it may be financially straining. Other institutions also offer the advantage of installing payments for easy access. However, the career prospect and networking exposure could be taken on by going through an MBA from a well-recognized institution with proper entrance requirements like MAT.

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