The Best Online MBA Courses in India

Online MBA courses have become hugely popular in India because they offer working professionals a chance to enhance their knowledge base and upgrade their resume without having to leave their jobs.

In recent times, work experience has become crucial to land a high-paying job in a relatively early stage of one’s career. In addition to this, increasing opportunities to students hailing from rural areas has led them to work in the metropolitan cities, but even this work opportunity requires a recognized degree for them to move forward in their careers. Therefore, online MBA courses have become hugely popular in India because they offer working professionals a chance to enhance their knowledge base and upgrade their resume without having to leave their jobs.

Most modern administrative and executive jobs now require a minimum qualification of an MBA degree. Online MBA courses have made it easier for students and professionals alike to attain this degree without having to attend full-time classes.

Advantages of an Online MBA course in India are:

• Flexible: Both students and professionals can attend e-lectures at a comfortable time while working in full-time or part-time jobs.
• Unrestricted: Unlike a full-time MBA course, online courses include students from all over the world regardless of any geographical or physical barrier. Students from various parts of the world can interact with each other in a virtual classroom setting without having to travel away from their native place.
• Global exposure and expansive accreditations: An online MBA course connects students with multiple universities and their affiliates. This gives them exposure to a multinational setting that might help them get recruited by an entity that otherwise would not have discovered the students in a full-time course
• Affordable: Naturally, online MBA courses are more affordable than full-time courses considering the time and physical factors involved. This attracts students from more backgrounds to achieve their career goals through the course
• More variety of specialisations: An online MBA course has a relatively more varied array of specialisation than a rigid full-time course that helps students to select their most suitable area of study

Skillset to study online MBA

We have listed down a skill set that is required to master the online MBA course and make recruiters sit up and take notice:

• Teamwork
• Leadership skill
• Not afraid to embrace change
• Taking the initiative
• Analytical skills for efficient problem-solving
• Not handicapped by advancing technology
• Good time management
• Great communication skills
• Ability to think strategically and plan effectively
• Long-term thinking

With this skill set, it will become easier for aspirants to be hired and climb up the career ladder in a sustained and developmental manner.

Also read: Online MBA: Advantages & Career Scope

Top Colleges, Eligibility Criteria & Fees for Online MBA courses in India

Shiksha lists some of the best options available to students and professionals to undertake an online MBA course. Listed below are some of the top online MBA institutes in India along with their eligibility criteria and fee structure –

SP Jain School of Global Management

SP Jain School of Global Management, Mumbai, is a renowned Australian institute that runs its operations from Sydney, Mumbai, Dubai, and Singapore. It has been ranked among the top online MBA institutes by reputed international publications such as The Economist, Forbes and Financial Times. The students who complete this course are conferred with an Australian MBA degree.

The courses offered at this prestigious online MBA School are delivered in three phases:

• Essentials of Management
• Practices of Management
• Cross-functional Management

There are seventeen courses offered by this college designed based on the student’s desired area of study and expertise. The specialisations offered through these courses are grouped under four heads:

• Finance
• Operations
• Marketing
• General management

The eligibility criteria for enrolment into any of the above-mentioned courses is that the students have to appear for an aptitude test conducted by the institute, followed by a specified industry-related essay, and a personal interview. If the student passes through all of these, they are selected for the online course.

The fee structure is as follows:

• Aptitude Test + Evaluation Charge = Rs 2,900 (30 AUD)
• Registration Fee = Rs 1.44 lakh (3,000 AUD)
• Balance fee (Includes tuition, courseware, graduation, simulation, and other charges = Rs 13.01 lakh (27,000 AUD)

The school offers students various easy installment plans to pay the fee so that even those who cannot afford the course in totality have the opportunity to benefit from it.

Also Read: Value of online MBA degree in India

Amity University

Amity University’s online MBA programme is a comprehensive array of specialisations that cater to every field of business administration. There are 4 semesters in the programme, with the first two consisting of general MBA topics and the last two being specialisation topics. Some of the general topics covered in the first two semesters are:

• Management functions and behaviours
• Information technology for managers
• Quantitative techniques for management
• Research methodology
• Legal aspects of management

Listed below are the specialization courses offered by Amity:

• Finance & accounting
• Entrepreneurship and leadership
• Insurance management
• Marketing and sales
• Information technology
• Human resource management
• Operations management
• Retail management
• Petroleum and natural gas management
• Hospitality management
• Hospital and health care management
• Global financial management

The eligibility criteria for Indian students for this online MBA course is that the students must have passed their 10+2 examinations and graduated from a recognised University with a minimum of 40 per cent aggregate marks.

Foreign students must possess a graduation degree, diploma courses are not accepted.

The fee structure is as follows:

• First year: Rs 1,11,000
• Second year: Rs. 1,15,800

Total = Rs 2,26,800

A one-time payment of Rs 2,14,800 is sufficient to cover the whole course.

Job Roles, Salary & Future Growth

The job roles and salary of an online MBA alumnus are similar to a full-time MBA alumnus. As established earlier, the students and professionals who select an online MBA course are either already working or are on the hunt for a job. Their intention of doing this course is to give their career an upgrade and enhance their chances of swift promotions. The salary of a fresher can be in the range of Rs 5-6 lakh per annum, and for those already working can expect a considerable increment in their salary based on the specialisation that they chose during the online course. 

The future growth of students and professionals that complete an online MBA course has enhanced considering the importance given to highly specialized areas covered in these courses in such a short span.