Affordable Online MBA Programs in India 2024: Top Colleges and Fees Comparison

An online MBA can be an affordable and convenient way to enhance your business education without putting your career on hold. Numerous reputed colleges now offer online MBA programs for seeking a budget-friendly online management degree. The fee of the 2-year online MBA differs from one institute to another, ranging from Rs. 30,000 to Rs. 5, 00,000.

There are about 275+ top Online MBA courses and colleges in India. Among these, 108 colleges are privately owned, 18 are owned by public/government organizations, and public-private entities own 1 MBA college. MAT, CAT, XAT, Karnataka PGCET, CMAT, etc. are some of the most accepting entrance exams in top Online MBA colleges in India. This comprehensive guide to Cheapest Online MBA in India 2024 compares fees, durations, delivery models, and financing options.

Top 10 Most Affordable Online MBA in India 2024

We are presenting the list of the cheapest (Most Affordable) online MBA programs in India for 2024, complete with updated fees. This table will help you find affordable options to advance your business career without breaking the bank.

College	Total Fees
IGNOU	?62,000/-
Hindustan Online Centre for Open and Digital Education (CODE)	?1,20,000/-
DY Patil Vidyapeeth Centre for Online Learning (COL)	?1,70,000/-
UPES Center for Online and Distance Learning	?1,50,000/-
Jain Online Deemed University	?1,50,000/-
Uttaranchal University	?80,000/-
Online Manipal University	?1,75,000/-
Lovely Professional University Online	?1,56,000/-
NMIMS Global Access	?1,64,000/-
ICFAI Hyderabad Online	?2,00,000/-

Some other cheapest online MBA options in India:

College/University	Total Fees (INR)
Chandigarh University	?1,50,000
Amity University	?1,79,000
Shoolini University	?90,000
Sharda University	?1,00,000
Symbiosis Centre for Distance Learning (SCDL)	?60,000

Top 10 Cheapest (Most Affordable) Online MBA in India 2024

An online MBA program can provide the flexibility and convenience needed to advance your career while balancing other responsibilities. Choosing an affordable online MBA is key to maximizing your return on investment. Here are the top 10 most affordable online MBA programs in India for 2024 based on total program fees:

Indira Gandhi National Open University (IGNOU)

Recognition & Accreditation	UGC, NAAC, AICTE
Affordable Online MBA Programs to Pursue from IGNOU	General MBA, MBA in Banking & Finance, MBA in Human Resources Management, MBA in Financial Management, MBA in Operations Management, MBA in Marketing Management
Eligibility	Passed Bachelor's Degree of Minimum 3 years duration
	At least 50% marks (45% in case of candidates belonging to reserved category).
Fees Per Semester	Rs 15,500/-
Total Fees	Rs 62,000/-
Placement Assistance	Yes
Additional Information	Flexible learning schedules available

Hindustan Online Centre for Open and Digital Education (CODE)

Field	Details
Institution	IGNOU
Recognition & Accreditation	NIRF, A+ NAAC
Programs	MBA in Finance, Marketing, and Human Resources Marketing & Finance, HR & Finance, General Management, FinTech, Project Management, IT Management, Healthcare Management, Logistics & Supply Chain, Digital Marketing & E commerce Analytics & Data Science, Sports Management Operations Management
Eligibility	– Bachelor’s Degree in any discipline – Min. 50% aggregate (45% for reserved categories)
Fees/Semester	Rs. 30,000/-
Total Fees	Rs. 1,20,000/-
Placement Assistance	Yes
Additional Information	Internship opportunities available

DY Patil Vidyapeeth Centre for Online Learning (COL)

Recognition & Accreditation	UGC, NAAC, AICTE, NIRF
DY Patil University’s Affordable MBA Specializations	MBA in Sales And Marketing (SM), MBA in Human Resource Management (HRM), Hospital And Healthcare Management (HHM), Retail Management (RM), Logistics & Supply Chain Management (LSM), International Business (IB), Entrepreneurship Management (EM), Event Management (EVM), Digital Marketing (DM), Data Science And Business Analytics (DS)
Eligibility	Bachelor’s degree from a recognized university/institution.
	A minimum of 50% marks in aggregate in graduation (45% for reserved categories).
Fees Per Semester	Rs. 42,500/-
Total Fees	Rs. 1,70,000/-
Placement Assistance	Yes
Additional Information	Industry-focused curriculum

UPES Center for Online and Distance Learning

Recognition & Accreditation	NIRF, NAAC
Affordable Online MBA Programs at UPES University	MBA in International Business, Business Analytics Business Analytics, Digital Business, Digital Business, Digital Business, Huma Resource n Management, Marketing Management, Operations Management, Infrastructure Management, Financial Management
Eligibility	Bachelor’s degree from a recognized university/institution.
Fees Per Semester	Rs. 37,500/-
Total Fees	Rs. 1,50,000/-
Placement Assistance	Not specified
Additional Information	Flexible learning options available

Jain Online Deemed University

Recognition & Accreditation	NAAC A++, NIRF
Most Affordable Online MBA Programs of Jain University	MBA in Finance, Marketing, Systems and Operations Management, General Management, General Management, General Management, Human Resource Management
Eligibility	Pass in an undergraduate program
	At least 50% marks (5% relaxation for reserved class).
Fees Per Semester	Rs 37,500/- (only for the programs mentioned above)
Total Fees	Rs 1,50,000/- (only for the programs mentioned above)
Placement Assistance	Yes
Additional Information	Industry-relevant curriculum

Uttaranchal University

Recognition & Accreditation	UGC, AICTE, NAAC
Affordable and In-Demand MBA Courses	MBA in Marketing Management, MBA in Digital Marketing, MBA in Human Resources, Business Analytics MBA in Financial Management, MBA in International Business, MBA in Information Technology
Eligibility	– Bachelor’s degree in any discipline from any recognized university or an equivalent degree --Minimum 50% marks in aggregate in graduation or 45% marks for reserved category – 2 years of work experience
Fees Per Semester	Rs. 20,500/-
Total Fees	Rs. 82,000/-
Cost-Effective Fee Structure	Rs. 80,000/- (if paid yearly – Rs. 40,000)
Placement Assistance	Yes

Online Manipal University

Field	Details
Institution	Manipal University Jaipur
Recognition & Accreditation	NAAC A+, UGC
Programs	MBA in Finance, Marketing, Human Resource Management, Analytics and Data Science, IT & FinTech, Operations Management, International Business, Information System Management, Project Management, Supply Chain Management
Eligibility	– Bachelor’s degree from a recognized university/institution – Minimum 50% marks in aggregate (45% for reserved categories) – Clear MUJ’s online aptitude test or 40 percentile in CAT/MAT/CMAT/XAT/GMAT
Fees/Semester	Rs. 43,750/-
Total Fees	Rs. 1,75,000/-
Placement Assistance	Yes
Additional Information	Industry-relevant curriculum

Lovely Professional University Online

Field	Details
Programs	MBA in Finance, Marketing, HR Management, Data Science, Digital Marketing, Business Analytics, International Business, Information Technology, Operations Management
Eligibility	Bachelor’s degree from a recognized university/institution
Fees/Semester	Rs. 44,000/-
Total Fees	Rs. 1,76,000/-
One-time Fee	Rs. 1,60,000/-
Placement Assistance	Yes

NMIMS Global Access

Mode	Details	Total Fee
(live and recorded classes)	?41,000 per semester	?1,64,000/-
Year-wise payment	?77,500 per year	?1,55,000/-
One-time payment	Lump sum	?1,44,000/-
(recorded classes)	?35,000/- per semester	?1,40,000/-
Year-wise payment	?65,500 per year	?1,31,000/-

ICFAI Hyderabad Online

Specialization	Fee	Total
Human Resource Management	Semester-wise	?2,00,000/-
Finance	Semester-wise	?2,00,000/-
Marketing	Semester-wise	?2,00,000/-
IT and Operations	Semester-wise	?2,00,000/-

Popular Colleges Offering Online MBA in India

Many Indian universities offer online MBA courses in different specializations. Students must visit the official website of their chosen college and meet all the admission requirements. We have listed below some of the top online MBA universities/ colleges in India.

LPU Online MBA	UPES Online MBA
Amity Online MBA	Jain University Online MBA
IFHE Hyderabad Online MBA	Manipal University Online MBA
Galgotias University Online MBA	Chandigarh University Online MBA

Frequently Asked Question

Ques: What are the benefits of pursuing an online MBA in India?

Ans: Online MBAs offer flexibility in schedule and location, allowing professionals to continue working while studying. They often cost less than traditional full-time MBAs and have lower opportunity costs.

Ques: Which are the top colleges offering affordable online MBA programs in India? Ans: Explore colleges like NMIMS Global Access School, IGNOU, Symbiosis Centre for Distance Learning, and others known for their quality and affordability.

Ques: How do online MBA programs in India differ from traditional MBAs?

Ans: Online MBAs provide flexibility with asynchronous learning, while traditional MBAs are often full-time and require physical attendance. Online MBAs may have different networking opportunities and internship options compared to traditional programs.

Ques: What is the typical duration of an online MBA program in India?

Ans: Online MBA programs in India generally range from 1 to 3 years, depending on the college and the pace at which the student chooses to study.

Ques: What factors should I consider when comparing fees for online MBA programs? Ans: Look at the total program cost, including tuition fees, examination fees, study material costs, and any additional charges. Compare these costs across different colleges to find the most affordable option that meets your educational goals.

Ques: Are online MBA degrees from Indian colleges recognized internationally?

Ans: Many online MBA programs from reputed Indian colleges are recognized globally, especially those accredited by recognized bodies like AACSB or AMBA.

Ques: Can I get financial aid or scholarships for online MBA programs in India?

Ans: Some colleges offer scholarships or financial aid based on merit or need. Check with individual colleges for specific details and eligibility criteria.

Ques: What are the admission criteria for online MBA programs in India?

Ans: Admission criteria typically include a bachelor's degree from a recognized university and relevant work experience. Some programs may also require entrance exams like CAT, MAT, or others.

Ques: How can I ensure the quality of education in an online MBA program?

Ans: Look for colleges with a good reputation and accreditation. Read student reviews and testimonials to gauge the program's quality and effectiveness.

Ques: What career opportunities are available after completing an online MBA in India?

Ans: Graduates can pursue roles in various industries such as finance, marketing, consulting, and more. Online MBAs can enhance career prospects and open doors to leadership positions.