Online MBA: Course Fees, Admission 2024, Syllabus, Entrance Exam, Top Colleges, Career Options

Online MBA is a two-year online degree program in Business Administration that is beneficial for those who cannot afford relocation and money to take offline MBA classes. Many working professionals prefer online MBA courses since they have the liberty to complete the MBA degree from their place and time of convenience.

This two-year master's degree in business administration can be completed online. Some colleges may ask students to visit the campus within the term for workshops and cultural understanding of the institute. However, there is no need to regularly visit a physical campus when it comes to online MBA degree courses. 

Master of Business Administration is a 2-year (4-semester long) program that helps students in understanding business globally. Students will learn from industry experts through real-world case studies by putting them into practice through internships and projects. Online MBA programs help students with advanced learning through flexing modules that can be completed at their convenience.

The biggest advantage of an Online MBA is its flexibility and convenience of completing it from any other location at your own pace. An online MBA degree allows students to connect to live sessions and rewatch pre-recorded sessions for their convenience. 

The popularity of MBA online courses in India has skyrocketed in recent years. Numerous B-schools, including the Indian Institute of Management (IIMs), have started offering the online MBA degree in response to its increasing popularity. 

There are several degree courses in Online MBA programs including MBA in digital marketing, human resources, marketing, healthcare and finance among other fields. Online MBA graduates have the opportunity to opt for managerial jobs in several domains based on their MBA specialization. Online MBA admissions are provided based on certain eligibility criteria (discussed below).

For some colleges, admission is done on the basis of online entrance examinations such as CAT, XAT, SNAP, and GMAT. Some colleges conduct their own examination for MBA online courses while some only take eligibility criteria and graduation scores into consideration. The average fee for an Online MBA in India ranges from INR 50,0000 to INR 20 lakh.

Learn why investing in online MBA is worth it

Online MBA Courses Highlights

There are several colleges offering online MBA programs in India. Students can take admission to online MBA courses to gain and upscale their managerial skills. The following table provides a quick look at the details of online MBA courses:

List of Colleges Offering Online MBA Courses in India 

Following are the popular colleges offering online MBA courses in India:

• Indian Institute of Management
• Amity University Online
• Chandigarh University
• XLRI- Xavier School of Management
• NMIMS Global Access School for Continuing Education,
• BITS Pilani

• ISBR Business School
• Symbiosis Centre for Distance Learning
• SRM University
• IIBMS - Indian Institute of Business Management and Studies
• Amrita Ahead Online

Why Opt for Online MBA Courses in India in 2024: Advantages

Here is why you should opt for online MBA degree courses in 2024:

1. Online MBA degree courses help people gain several skills that are useful for managerial positions. After completing an MBA degree, people gain leadership skills that help them lead and manage people.
2. By pursuing online MBA courses, professionals can upscale their careers and improve their chances of being promoted to managerial positions.
3. Another advantage of an online MBA course is that it offers the flexibility of studying from any location of convenience and at your own pace. 
4. Top online MBA programs are beneficial for working professionals since they can continue working while studying. 
5. The ROI of enrolling in an MBA online degree is quite high as MBA graduates enjoy high-paying jobs which is why it is preferred by many professionals and students. 
6. MBA online faculty is the same as that of regular MBA programs. This ensures that everyone is getting the opportunity to learn from the best professionals.
7. The fee of an online MBA is less than the fees of a regular MBA but it has the same and equal value as regular MBA among employers. 

Advance in your career by enrolling in an online MBA degree course

Who Can Enrol in Online MBA?

Aspirants who fulfil the below-mentioned criteria can plan to enrol in an online MBA program:

• Working professionals (The required minimum work experience varies from university to university. Please check the university's website for more information).
• Students who have completed their graduation and are interested in pursuing an MBA from reputed universities without relocating.

Online MBA Eligibility Criteria: Marks and Age Limit

Aspirants need to fulfil the following criteria to be eligible to enrol in online MBA degree courses:

• The minimum aggregate score in graduation may vary for different colleges when it comes to selection in online MBA degree programs. In most cases, one must have scored at least 50% (45% for SC/ST) at graduation level.
• Some colleges also take into consideration scores of MBA entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP), etc.
• Some colleges consider candidates with work experience for online MBA courses. 
• There is no age limit for admission to an online MBA course.

Here is a useful guide for online MBA for working professionals 

Eligibility Criteria For IIM Online MBA exam

While we have discussed the basic eligibility criteria for most of the universities, the following criteria are exclusive to an online MBA from IIMs: 

• A valid CAT score (within the last 5 years from May 1st, 2024) or
• Valid GRE/GMAT score (within the last 5 years from May 1st, 2024). The new GMAT focus edition exam scores will be acceptable 
• Shortlisted candidates will have to appear for a personal interview exam

Learn more about online MBA from IIMs

Specializations in Online MBA Courses

Like any regular MBA, aspirants can also opt for specializations in online MBA degree courses. Here is a simple way to choose the specialization in this master's degree in business administration:

• Graduates who are directly enrolling in online MBA degree courses can opt for the specialization in which they further want to build a career.
• Working professionals can choose a specialization that will upscale them in their current roles.

Here is a list of popular online MBA specializations:

Here are some essential tips for choosing the right online MBA degree

Online MBA Syllabus

The syllabus of online MBA programmes is designed by industry experts. It covers the same topics as taught in other full time MBA programmes. Only the mode of lectures changes. The topics covered within online MBA help students in developing fundamental and advanced managerial skills. Students also learn financial management, business laws, and entrepreneurial skills. The detailed information about the online MBA curriculum is as mentioned below:

List of Top Online MBA Colleges in India

Let us take a look at the list of online MBA schools that offer specialization in online MBA degree courses:

1. Online MBA from IIMs

These are some of the top online MBA degree courses offered by IIMs which are considered to be India’s best online MBA schools. 

Learn how to choose the best online MBA college

2. Online MBA From Other Universities

Here is a list of MBA online degree programs that are offered by some of the popular universities across the country:

Career Options After Online MBA Specializations

Online MBA course graduates have several career opportunities based on their specialization. Here is a list of popular career options after online MBA degree courses along with the average salary in the market (source: AmbitionBox): 

While a traditional MBA has been one of the favourite choices of most students as well as professionals, an online MBA has become a popular alternative since it overcomes many limitations of a regular MBA. Nowadays, most employers are accepting online MBA degrees as valid and equally good as any other regular MBA degree. Due to no restriction to relocate and being affordable, this online MBA degree course is a better choice to opt for in 2024.

Should You Enrol in Regular MBA or Online MBA courses?

Both regular and online MBA degree courses have pros and cons. While most people opt for a traditional MBA degree, more working professionals are opting for MBA online courses. Let us take a detailed look at what both types of MBA offer.