Online MBA

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Online

Online MBA: Courses, Admission Process, Eligibility, Exams, Syllabus, Fees, Career, Scope, Jobs, Top Colleges

An Online MBA, which means Master of Business Administration Online, is a way to earn a precious business degree without having to attend classes in college, rather than going to a physical lot, you can study and complete your MBA program entirely over the Internet. Online MBA programs are designed for people who want to improve their business skills, leadership, and career prospects but may have jobs or internships that can help them avoid homeschooling. This online format gives you the inflexibility to learn at your own pace and on your own schedule. 

Online MBA programs are delivered entirely online, meaning you can study from anywhere in the world. You can also study at your own pace, giving you the inflexibility to fit your studies around your work and particular commitments. 

In addition to inflexibility, online MBA programs are also more affordable than traditional MBA programs. That is because you do not have to pay for room and board or transportation costs. You can also take advantage of fiscal aid similar to literacy and grants. However, an online MBA program may be a good choice If you're considering an MBA. Online MBA programs offer inflexibility, affordability, and convenience. They can help you advance your career in business without leaving your job.

Highlights - Online MBA Course Details

Given below is the table indicating the key highlights of the MBA Online course:

ParticularsValue
CourseOnline MBA
Degree LevelPostgraduate
Degree Duration1-2 years
ApprovalsUGC, AICTE, NIRF
Admission ProcessEntrance Exams or Direct Admission
Eligibility Criteria50% in graduation in any stream/ Any working Professional
Entrance Exams
CAT, MAT, XAT, SNAP, GMAT, CMAT, College Centric Exams
Online MBA Average Fee
Rs. 50,000 to Rs. 500,000
Mode of Lecture DeliveryLive online lectures, pre-recorded lessons, assignments, and case studies
Examination TypeSemester wise
Online MBA Specializations
Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing, Business Analytics
No. of Online MBA colleges35+ Colleges in India offer Online MBA
Top Colleges
NMIMS, LPU, Symbiosis Pune, IIMs, Jain University, Amity University
Average Annual SalaryRs. 500,000 to Rs. 600,000
Top RecruitersAmazon, Croma, Future Group, Flipkart, Zomato, HCL, Puma, Panasonic, and more
Job ProfilesFinancial Advisor, Finance Manager, Project Manager, Business Development Manager, Advertising Manager, Brand Manager, Marketing Manager

What is Online MBA?

An online MBA is a 2-year postgraduate degree program that is completed entirely online mode, without the need to attend classes on a physical campus. It is designed for working professionals or individuals with other commitments who seek to enhance their business skills and advance their careers. Students can also gain practical knowledge and skills relevant to the corporate world.

Online MBA programs offer numerous advantages, including flexibility and convenience. They allow working professionals to pursue further education without sacrificing their jobs. The popularity of Online MBA courses has increased in recent years due to their flexible nature and the convenience they offer. Many reputable institutions, including IIMs, have started offering Online MBA degrees in response to this growing demand.

The syllabus of an Online MBA typically covers core business concepts such as accounting, finance, marketing, management, operations, and strategy. The curriculum aims to develop a well-rounded understanding of business principles and equip students with the skills necessary for leadership and decision-making roles.

One of the greatest advantages of an Online MBA is the flexibility it provides. It allows individuals to pursue the course from a university in another city or country without needing relocation. Online MBA programs are often designed to be completed within 12 months, with engagement typically required on weekends. With the advancement in data connectivity and speed, Online MBA programs have become more dependable and are sometimes referred to as satellite management programs.

Top Online MBA colleges in India include renowned institutions such as IIM Ahmedabad, NMIMS Global, and BITS Pilani. Admission to these programs often requires candidates to appear for online entrance examinations such as CAT, XAT, MAT, SNAP, or GMAT. The average fee for Online MBA in India ranges from INR 3,00,000 to INR 10,00,000, depending on the institute and program.

Online MBA graduates can explore various job opportunities in sectors such as banking, accounting, project management, and more. These sectors are known to offer competitive salaries in India. The average salary for an Online MBA graduate in India typically falls within the range of INR 3.5 LPA to 7 LPA.

Overall, Online MBA programs offer the convenience of distance learning while providing comparable training to traditional on-campus MBA programs. They are a cost-effective and enriching way to enhance business skills and advance one's career.

Why Online MBA?

The online MBA course can lead graduates to a successful and rewarding career path as the course is a specialized and industry-relevant degree. Under the umbrella of an MBA, students can decide to pursue any specialization that interests them. These specializations further help students learn about a specific industry and business needs in a deeper and more detailed manner.

There is a huge demand for graduates of online MBA courses due to the relevance of the course curriculum. Students don't have to worry about the system being online like colleges that delivering this course ensures that students have access to all the facilities they require. In addition, every business needs professionals who know in detail about business management and administration.

Therefore, graduates from these roles are considered highly relevant and essential to the benefit of the business. Also, as many specializations are available in the course, students get the ability to learn about a subject in detail, making them highly relevant to the industry.


Benefits of Online MBA

1. Flexibility and Convenience

One of the primary advantages of an Online MBA is the flexibility it provides. Students have the freedom to set their study schedules, allowing them to balance their education with work, family, and personal commitments. The asynchronous nature of online learning enables individuals to access course materials and lectures at any time and from anywhere, providing convenience and eliminating geographical barriers.

2. Customized Learning Experience

Online MBA programs often offer a wide range of specializations and elective courses, allowing students to tailor their education to suit their career goals and interests. This customization empowers learners to develop specialized knowledge and skills in areas such as finance, marketing, entrepreneurship, international business, and more.

3. Global Networking Opportunities

Through online learning platforms, students from diverse backgrounds and locations come together, fostering a global learning community. This environment offers invaluable networking opportunities, enabling students to connect with peers, faculty members, and industry experts from around the world. The collaborative nature of online discussions and group projects facilitates the exchange of ideas and perspectives, enhancing the overall learning experience.

4. Access to Renowned Faculty

Online MBA programs often feature faculty members who are industry experts and accomplished professionals in their respective fields. Through virtual lectures, interactive discussions, and one-on-one sessions, students have the opportunity to learn from experienced faculty members who bring real-world insights and expertise into the virtual classroom.

5. Cost and Time Savings

Compared to traditional on-campus MBA programs, Online MBAs tend to be more cost-effective. Students save on commuting expenses, accommodation costs, and other expenses associated with on-campus learning. Additionally, the flexibility of online programs allows individuals to continue working while pursuing their degree, minimizing income disruptions and enabling them to apply their learning directly in their professional roles.

Who Should Study Online MBA? 

An Online MBA program offers a wealth of knowledge and opportunities for individuals aspiring to excel in the business world. While the program is suitable for a diverse range of candidates, it particularly appeals to certain groups of individuals seeking to enhance their skills, advance their careers, or embark on entrepreneurial ventures. In this article, we delve into the profiles of ideal candidates who can benefit from pursuing an Online MBA, exploring the unique advantages it offers to each group.

1.  Working Professionals

Working professionals looking to take their careers to new heights can greatly benefit from pursuing an Online MBA. This program enables them to gain in-depth knowledge in various areas of business, including finance, marketing, strategy, and leadership. By acquiring this advanced degree, working professionals enhance their skill sets, broaden their perspectives, and position themselves for higher-level managerial roles within their organizations. The flexible nature of Online MBA programs allows professionals to balance their work commitments while pursuing their studies, making it an ideal choice for ambitious individuals seeking career advancement.

2.  Entrepreneurs

Entrepreneurs or aspiring business owners can leverage the knowledge and skills gained from an Online MBA to launch and manage successful ventures. The program equips them with a comprehensive understanding of essential business concepts, including strategic planning, financial management, marketing strategies, and organizational behaviour. Through an Online MBA, entrepreneurs gain valuable insights into industry best practices, learn effective problem-solving techniques, and develop a robust network of like-minded individuals. This enables them to make informed decisions, navigate challenges, and drive growth in their entrepreneurial pursuits.

3.  Career Changers

For individuals seeking a career change in the field of business, an Online MBA offers a viable pathway to transition smoothly and successfully. Whether transitioning from a technical or non-business background, the program provides a solid foundation in business principles, enabling career changers to acquire the necessary skills and knowledge to thrive in a new professional domain. The comprehensive curriculum of an Online MBA exposes them to various business functions, allowing them to explore different areas of interest and align their career trajectories accordingly.

4.  Fresh Graduates

Fresh graduates who are eager to kick-start their careers with a competitive edge can greatly benefit from pursuing an Online MBA. This advanced degree equips them with industry-relevant knowledge, leadership skills, and a broader perspective on the business landscape. Even while working full-time, fresh graduates can pursue an Online MBA, enabling them to gain practical insights, enhance their credentials, and stand out in the job market. The program provides them with a strong foundation and a deeper understanding of business concepts, making them highly sought-after candidates for entry-level management positions.

5.  Professionals Aspiring for Leadership Roles

Professionals with several years of experience who aspire to assume leadership roles within their organizations can leverage an Online MBA to develop the necessary skills and competencies. The program enhances their strategic thinking, decision-making abilities, and leadership qualities. With a comprehensive understanding of business functions and an awareness of emerging trends, these professionals are better equipped to drive organizational growth, lead teams effectively, and make valuable contributions to their industries. An Online MBA provides them with the credibility and expertise needed to secure promotions and take on higher-level responsibilities.

Online MBA Admission Process

As part of the entry requirements for the Online MBA, candidates must ensure that they meet the course eligibility criteria. Online admission to the MBA does not change depending on the teaching medium. Admission criteria include both merit-based access and an entrance exam limit based on program entry. Students applying for the online MBA course must ensure that they have the final marks of the respective entrance exams required by the colleges.

Online MBA Eligibility Criteria

The basic Online MBA eligibility is graduation. The minimum aggregate may vary for different colleges.

There are some colleges also consider the scores of a few Online MBA entrance exams such as the Xavier Aptitude Test (XAT), Common Admission Test (CAT), Management Aptitude Test (MAT), Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP) and other management entrance examinations. Candidates must meet the following Online MBA eligibility criteria:

(i). Candidates should have done their graduation in any discipline from a recognized university.

(ii). Those who are pursuing their final year of graduation are also eligible to apply for Online MBA courses.

(iii). Candidates belonging to the General category (UR) should have secured at least 50 per cent marks.

(iv). Those who belong to the reserved category (SC/ ST) should have secured 45 per cent marks in aggregate.

(v). If someone has relevant work experience add an advantage to it.

(vi). There is no age bar to applying for Online MBA programs

(vii). If any university or institute conducts an entrance test for an Online MBA program, then candidates need to qualify for the same.

Online MBA Application Process

The admission procedure for MBA In India Online Courses for All follows the application procedure mentioned below.

Step 1- Visit the official website of the online or distance learning institution of the university.
Step 2- Select the Apply Now option and then register as a new user.
Step 3- Complete all required fields in the application form along with the course outline.
Step 4- Upload documents such as scanned photographs, signatures, and certificates of your qualifications and others.
Step 5- Hit the "Save and Preview" button at the end.
Step 6- Verify your details and submit the application form.
Step 7- Make an online payment by Credit Card/Debit Card/Net Banking.
Step 8- After payment, students will receive a confirmation email with their registration number.
Step 9- Your admission will only be confirmed after verification of all your documents.
Step 10- Wait for your confirmation and LMS credentials from the admission committee of the respective university.

Skills Required for Online MBA Program

Candidates wishing to enrol in the best Online MBA courses in India must possess unique skill sets to enhance their learning experience and upgrade their knowledge. We have listed below the major skills acquired by Online MBA students during their academic year.

1Communication
2Project Management
3Teamwork
4Leadership Skills
5Organizational Skills
6Eye for Detail
7Business Knowledge

Online MBA  Entrance Exams

Many Online MBA schools only consider the graduation marks and not the entrance exam score when it comes to Online MBA admissions. Most Online MBA courses are admitted based on the following exams. Although it is not mandatory to take the admission test based on the entrance score, some schools only consider graduation marks.

S.no.Entrance Exams
1GMAT
2TANCET
3MAH CET
4CAT
5MAT
6XAT
7NMAT
8CMAT

Online MBA Fee Structure

The Online MBA fees for students are not fixed and can vary due to many factors. Some of the factors that influence the students' MBA online course fees include the faculty and infrastructure of the colleges to which the students are interested in applying.

The general Online MBA course fees are around INR 1 - 3 LPA. There are plenty of scholarships available for the students, due to which they can make the course affordable for themselves.

Online MBA CollegeOnline MBA Total Fee Structure (INR)
Amity University, Online1.6 LPA
NMIMS Global Access School for Continuing Education, Mumbai95,000 PA
SCDL, Noida30,000 PA

Selection Process of MBA Online

The selection process for an online MBA in India is mainly based on the marks obtained by the candidates in the admission tests and the undergraduate degree. Depending on the exam deadline, students are invited for an interview and counselling session.

Thereafter, based on the overall marks obtained by the students, admission to the course is offered to suitable candidates. Students can find out the outcome of the admissions process through an official college email or by visiting the college admissions website.

Online MBA Course Comparison

Given below is the course comparison of Online MBA with other courses:

Online MBA v/s Regular MBA

Below is the difference between Online MBA and a Regular MBA:

Online MBA 
ParametersOnline MBA
Full-FormOnline Learning in Master of Business Administration
Course Duration2 Years
Eligibility CriteriaGraduation in any stream from a recognized institute with relevant work experience
Entrance ExamsMAT, CAT, CMAT, XAT, SNAP, GMAT
Top CollegesAmity Online University, IGNOU, Jain Online University
FeeINR 2-10 LPA
Job ProfilesOpportunities Project Manager, Data Scientist, Auditor, Tax Expert, Consultant, etc.
Regular MBA 
Parameters Regular MBA
Full-FormMaster of Business Administration
Course Duration2 Years
Eligibility CriteriaGraduation in any stream from a recognized institute and final year students are also eligible in some institutes
Entrance ExamsMAT, CAT, CMAT, XAT, SNAP, GMAT
Top CollegesIIM Ahmedabad, XLRI, IIM Bangalore, Christ University, ISB Hyderabad, etc.
FeeINR 4-40 LPA
Job ProfilesProject Manager, Data Scientist, Auditor, Tax Specialist, Consultant, etc.

Online MBA v/s Distance MBA

An Online MBA course and a Distance MBA course are both modes of delivering education to individuals who are unable to attend traditional on-campus classes. However, there are some differences between the Online MBA and Distance MBA:

Online MBA CourseDistance MBA Course
Primarily delivered through online platformsRelies on physical study materials (printed books, recorded lectures, etc.)
Offers greater flexibility and accessibilityMay have more restrictions and less flexibility in terms of study materials and access
Provides real-time interaction and engagementLimited opportunities for real-time interaction and relies more on self-paced study
Requires access to a computer or mobile device with an internet connectionLess reliance on technology and more on physical study materials
Online assessments and examinationsMay require in-person examinations at designated exam centres

It's important to note that the terms "Online MBA" and "Distance MBA" are sometimes used interchangeably, and the specific features and delivery methods can vary across different institutions. Therefore, it's crucial to research and understand the details of the specific program.

Online MBA Courses in India

There are plenty of specializations that students can pursue when opting for Online MBA courses in India. These specializations give the students more focused and advanced knowledge of the discipline that the students decide to pursue. The online MBA course program is designed to equip suitable candidates with the required skills necessary for research, implementation, and application in emerging areas of business administration and management.

Online MBA Specialization

Below are some of the best majors and the list of online MBA courses:

Online MBA in FinanceOnline MBA in Marketing Management
Online MBA in HR ManagementOnline MBA in Hospitality Management
Online MBA in IT ManagementOnline MBA in Banking and Finance
Online MBA in Data ScienceOnline MBA in Operations Management
Online MBA in Business AnalyticsOnline MBA in Healthcare Management
Online MBA in International BusinessOnline MBA in Project Management
Online MBA in Financial MarketsOnline MBA in Retail Management
Online MBA in Banking Financial InsuranceOnline MBA in Hospital Administration
Online MBA in International Trade ManagementOnline MBA in General Management
Online MBA in Investment Banking Equity ResearchOnline MBA in International Finance
Online MBA in HR AnalyticsOnline MBA in Digital Entrepreneurship
Online MBA in Infrastructure ManagementOnline MBA in Banking and Insurance
Online MBA in International MarketingOnline MBA in Blockchain
Online MBA in Quality ManagementOnline MBA in Agribusiness
Online MBA in Digital MarketingOnline MBA in Business Management
Online MBA in Power ManagementOnline MBA in Sports Management
Online MBA in Waste Management

Top Online MBA Colleges in India

Many institutes in India provide state-of-the-art educational facilities to students through the online MBA course. Moreover, these colleges have the necessary faculty and infrastructure to equip students with the knowledge and experience necessary to earn an online MBA. Below is the list of the top online MBA colleges/institutes in the country:

S.no.Top Online MBA Colleges
1SRM University Chennai
2UPES Dehradun
3VGSOM IIT Kharagpur
4XIM, Bhubaneshwar
5Amity University, Distance and Online Education, Noida
6NMIMS Global Access School for Continuing Education
7NMIMS
8SUBMIT
9NMIMS Global Access School for Continuing Education
10GD Goenka University, Gurgaon
11Jaipuria Institute of Management, Noida
12LPU Jalandhar
13Manipal University (MAHE)
14National Institute of Industrial Engineering, Mumbai
15FMS Delhi
16ICFAI Online
17IFIM Business School
18IPE Hyderabad
19ITM University, Gwalior
20BML Munjal University, Gurgaon

FAQs

(1). What is an online MBA?

Ans. Online MBA provides MBA courses through online mode mainly through recorded videos or live sessions. There are also projects involved that need to be submitted. After completing the course, the student is awarded an Online MA degree from the University.

(2). Is an online MBA program worth the investment?

Ans. Yes, for proper students, online MBA programs are unquestionably worthwhile! Beyond making a business school degree available to those who would otherwise be unable to afford the financial sacrifices, time constraints, and interruptions to family life associated with a full-time counterpart, online MBA programs go further.

(3). How long does it take to get an MBA online?

Ans. Online MBA duration lasts between 18-24 months.

(4). What are the specializations available in Online MBA courses?

Ans. Some of the specializations available in online MBA are Sales & Marketing, Business Analytics, Digital Marketing, Data Science, Supply Chain, IT & Systems, Human Resources, Finance, Retail, etc.

(5). What are the entrance exams for admission to Online MBA?

Ans. Some colleges take into consideration the results of MBA entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Management Aptitude Test (MAT), Symbiosis National Aptitude Test (SNAP), etc. A few institutes conduct their admission test for MBA courses.

(6). What is the average offered salary to online MBA graduates?

Ans. The average offered salary to an online MBA graduate is Rs. 500,000 to Rs. 600,000 per annum.

(7). How hard is an MBA Online?

Ans. The online MBA follows the same schedule as the full-time MBA. Thus, students must be good with mathematics and analytical thinking to ace an Online MBA.

(8). What is the difference between a distance MBA course and an online MBA course?

Ans. The major difference between distance MBA and online MBA is that in the former, self-study material is usually sent to candidates by post or candidates have to collect from designated study centres, whereas in the latter, the study material is provided online and classes are conducted through Learning Management System (LMS).

(9). What is the admission process for an Online MBA program?

Ans. Some of the institutes offering the Online MBA course conduct direct admission based on the applicant's academic background, whereas some select candidates based on an admission test score.

(10). How to list an online MBA on a resume?

Ans. Online MBA will fall under the education sector just like any other postgraduate degree course.

(11). Is it necessary to have prior work experience to pursue an Online MBA?

Ans. It is not mandatory to have prior work experience but it will be an advantage for the participant if he/she has three to five years of work experience. Many Tier 1 institutes offering Online MBA courses look for candidates with work experience.

(12). How can one give the examination for an online MBA course?

Ans. Students can give the exams online at their convenience and for some of the examinations, they have to follow a schedule. The case studies, presentations, and assignments should be submitted through the online portal, which will be evaluated by the professors. A degree will be awarded after successfully clearing the exams.

(13). What are the top online MBA recruiters?

Ans. The top Online MBA recruiters are listed below: Snapdeal, Flipkart, Grofers, HCL, Amazon, Zomato, Reliance Jio, Taj Group of Hotels, and ITC Hotels.

(14). Does an online MBA have any value?

Ans. Yes, an online MBA is valuable in terms of recognition and every company accepts the Online MBA.

(15). What is the minimum education qualification required for an Online MBA in India?

Ans. The minimum Online MBA educational qualification is the successful completion of a 10+2+3 or 10+2+4 level degree.

(16). What are various career options available for Online MBA graduates?

Ans. The career options for Online MBA graduates in India are mentioned below:

(i). Financial Advisor

(ii). Business Manager

(iii). Project Manager

(iv). Sales Manager

(v). Brand Manager

(vi). Marketing Manager

(vii). Advertising Manager

(viii). Finance Manager

(17). What are the disadvantages of an Online MBA course?

Ans. As you won’t be attending physical classrooms, you won’t be getting exposure to a network of professionals from different backgrounds. There is almost no scope for networking which is helpful to gain rapid growth in corporate culture. Moreover, an Online MBA degree is not considered on par with a full-time MBA degree in India, hence career growth is limited.

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