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Top 10 Most Affordable Online MBA Programs in India

Jul 04, 2024 by Admin
Top 10 Most Affordable Online MBA Programs in India

A postgraduate degree in online MBA aims to provide individuals with a comprehensive understanding of management and business principles. It provides individuals with the knowledge, skills, and networks necessary to succeed in the business and management fields. Many Popular Universities in India now offer UGC-entitled online MBAs, as the demand for online learning has increased. Online MBAs are more cost-effective than traditional campus-based programs.

It lowers the cost of transportation and lodging. Some programs offer a lower tuition fee, which makes advanced business education accessible to a broader demographic. Online MBA programs provide students with unparalleled flexibility. It allows them to balance their work, family, and other obligations while continuing their education in India. It particularly benefits working professionals who want to improve their skills and credentials while maintaining their careers.

1. IGNOU

IGNOU is one of the Best Distance MBA colleges in India. It also offers affordable online MBA degree courses. Moreover, IGNOU offers the cheapest online MBA in India. You can complete your whole MBA degree in just INR 62000. It has been recognized by UGC. You can complete your MBA at home and manage your personal and professional commitments.

IGNOU Online MBA fees

INR 62,000 (total fee)

INR 15,500 (per semester)

Eligibility Criteria

The eligibility criteria for admission to MBA programs would be as per the AICTE norms.

• Any graduate (including Chartered Accountancy, Cost Accountancy, or Company Secretaryship) with 50% marks for the general category or 45% for the reserved category as per Government of India rules.

Specializations

Operations Management

Human Resource Management

Financial Management

Marketing Management

2. Uttaranchal University

Uttaranchal University is a private university. The institution has received the esteemed A+ grade from the NAAC, an autonomous body of the Institution Grants Commission in India. It currently holds a position in the top 5% of Higher Education Institutions across the country. It provides you with personal job assistance, an LMS, an e-library, and other resources. This is the right fit if you are looking for an affordable online MBA.

Uttaranchal University Online MBA fees

INR 20,500 (per semester)

INR 80,000 (total)

Eligibility Criteria

A bachelor’s degree of a minimum of three years duration with a minimum of 50% marks for the general category and 45% marks in the reserved category in the qualifying examination.

Specializations

Marketing Management

Business Analytics

International Business

Human Resource Management

Financial Management

Given below is the fee structure of an online MBA at Uttaranchal University

Semester-wise Payments

Amount

1st Semester

20,500

2nd Semester

20,500

3rd Semester

20,500

4th Semester

20,500

Total

82,000

 This includes the examination fee of INR 2,500 per semester.

3. Bharati Vidyapeeth University

Bharati Vidyapeeth Deemed to be University (BVDU) is a well-known private institution with an excellent reputation. If you are looking for a Best online MBA, 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.

Bharati Vidyapeeth Online MBA fees

INR 1,60,000 (total)

Eligibility Criteria

• Graduate (10+2+3) from any recognized university.

• The candidate should have secured at least 50% (45% for SC/ST) in aggregate at the graduate level of the university examination.

Specializations

Marketing Management

Financial Management

Human Resource Management

International Business Management

Product and Operations Management

Information technology management

Agribusiness Management

Retail Management

4. Dr. D.Y. Patil Vidyapeeth

D.Y. Patil is one of India's best-known private universities. The all-inclusive educational experience of the affordable Online MBA program will further enhance your learning and professional development. Through a digital library, you will have access to an extensive collection of research and study materials. The program provides five additional learning certifications in addition to the core curriculum, allowing you to expand your knowledge in various business-related fields. You will be able to apply theoretical knowledge to real-world settings with the help of more than 100 case studies and study guides, which will promote practical comprehension.

D Y Patil Online MBA fees

INR 1,62,000 (total)

Eligibility Criteria

Bachelor’s Degree in any stream

Specializations

Logistics, Materials, and Supply Chain Management

Project Management

Block Chain Management

Operations Management

Digital marketing management

Hospital Administration and Healthcare Management

Agri-Business Management

International Business Management

5. Jain University Online

Jain University is deemed to be a university. It offers you affordable Online education in India. It also provides electives 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 program’s connections to more than 2000 recruiting corporations, you will have plenty of options to further your career and find work. To further enhance your educational journey, you will also get access to over 20,000 courses on LinkedIn Learning, allowing you to learn new things at your speed.

Jain Online MBA fees

INR 1.6 Lakhs

Eligibility Criteria

Pass in an undergraduate (bachelor) program of a minimum duration of three (3) years in any stream from a UGC-recognized university with a minimum aggregate of 50% or an equivalent letter or numerical grade. A relaxation of 5% shall be given to SC/ST candidates.

Specializations

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

6. Manipal University

Manipal is also known for online MBA. The program equips you with the skills necessary to succeed as a leader in the competitive world. To build successful career paths in the field and industry of their choice, learners can select from ten career-focused electives, including HR, Finance, Marketing, Operations, International Business, and Analytics & Data Science. Additionally, you will receive placement assistance, one-on-one feedback, and lower-priced live lectures.

Manipal Online MBA fees

INR 1,75,000 (course fee)

INR 43,750 (each semester)

EMI STARTING INR 7,292/month

Eligibility Criteria

Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university or institution or an equivalent qualification as recognized by the Association of Indian Universities.

Specializations

Finance

Marketing

Human Resource Management

Analytics and Data Science

Operations Management

International Business

7. UPES Dehradun

UPES offers a two-year MBA program. It offers an affordable online MBA. Fees can easily be paid through EMI plans or semester-wise fee installments. 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.

UPES Dehradun Online MBA Fees

INR 1.7 Lakhs

Eligibility Criteria

Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university or institution or an equivalent qualification.

Specializations

Finance

Oil & Gas

Power Management

Marketing

Human Resource Management

Business Analytics

Operations Management

International Business

8. Manav Rachna University

The “Manav Rachna University in India offers an online MBA degree that offers students a multidisciplinary approach to help them design their careers both inside and outside of their field of study. It offers one of the best online MBA degrees, as you can pay the fees yearly and semester-wise. It also offers financial aid and scholarship programs.

Manav Rachna University Online MBA fees

INR 1,02,000 Total Course Fee

INR  30,000*3 (Semester-wise)

INR 85,500 total course fee (5% discount on one-time payment)

Eligibility Criteria

Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university or institution or an equivalent qualification.

Specializations

Digital Marketing

Business Intelligence and Analytics

Health-Care Management

International Business

Management Information System

9. LPU Online

LPU online is one of the best private universities for pursuing an online MBA. It offers eight specializations.  You can pay the fees online on the admission portal via debit card, credit card, UPI, wallet, 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 program 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 at LPU.

LPU Online MBA fees

Semester Fee: INR 45,000

Program Fee: INR 43,000, Exam. Fee: INR 2,000 (per sem.)

Total Fee: INR 1,80,000

Total Fee, if paid lump sum: INR 1,62,800

(which comes out to be INR 40,700 per sem.)

Eligibility Criteria

You must have completed a bachelor’s degree.

Specializations

Data science marketing

Information Technology

Finance

Human Resource Management

Operations Management

International Business

Entrepreneurship

Healthcare Management

10. ICFAI Online

ICFAI is deemed to be a university. It offers an affordable online MBA in two years. Working professionals and recent graduates who want to pursue careers in management can enroll in the online MBA program. The program includes an entrepreneurship practicum/business research project and electives to meet the growing demand for interdisciplinary, enterprising, and creative managers. All programs 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.

ICFAI Online MBA Fee Structure

INR 2,00,000

Eligibility Criteria

A minimum aggregate score of 50% in a bachelor’s or any other equivalent degree.

Specializations

Human Resources

Finance

Marketing

IT & Operations