List of Top Online MBA Colleges/Universities in Mumbai Admission 2024: Rankings, Fees, Courses, Placements, Cut-Off

Written By universitykart team | Last updated date Oct, 03, 2024

Top Online MBA Colleges in Mumbai 2024-2025 - Check the list of the best Online MBA colleges in Mumbai, Maharashtra with NIRF ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, ROI, and eligibility criteria.

There are about 10+ MBA Colleges in Mumbai that provide Online MBA programs. Amity University Mumbai, Indian Institute of Business Management and Studies (IIBMS), Narsee Monjee Institute of Management Studies (NMIMS), etc. are the top Online MBA colleges in Mumbai. Admission to these colleges is offered based on entrance exams and merit base. Students may need to clear OPENMAT and other universities or college-level exams.

The average fee for an Online MBA in Mumbai ranges from around INR 50,000 - INR 10, 00,000. Online MBA Jobs in Banking, Accounting, and Project Management are some of the highest-paying sectors in Mumbai and the average salary of an Online MBA graduate in Mumbai is between INR 5 LPA - 15 LPA. Mumbai online MBA colleges provide extensive placement assistance to guarantee that their students land good jobs. The mode of Teaching Online MBA Programs in Mumbai typically includes Materials/books, and virtual learning environments such as Online, email, video, and webinar.

Key Highlights of Online MBA Colleges in Mumbai

Mumbai is the financial centre of India and the location of several multinational companies. As a result, the academic curriculum here will have a strong industry focus, especially in the management field. The two-year online MBA program equips students with the information and abilities needed for successful business management.

The key highlights related to Online MBA colleges in Mumbai are mentioned below:

State

Maharashtra

City

Mumbai

Course Name

Master of Business Administration (MBA)

No. of Online MBA Colleges

10+

Course Level

Post-Graduate

Mode of Education

Online Mode

Course Affiliation

UGC-DEB, AICTE, NAAC

Average Course Fees

INR 50,000 –10,00,000

Course Duration

2 Years 4 Semester

Pedagogy

Materials/books, virtual learning environments such as Online, email, video, and webinar

Top Online MBA College in Mumbai

Amity University Mumbai, Indian Institute of Business Management and Studies (IIBMS), Narsee Monjee Institute of Management Studies (NMIMS), etc.

Eligibility Criteria

Graduate (Fresher/Experienced)

Exam Accepted

University Level Exam, OPENMAT

Estimated Package Range

INR 5-15 LPA

Top Specializations

Finance, Marketing, HRM, International Business, Operations Management, and many more.

Job Roles

HR Manager, Marketing Manager, Portfolio Manager, Financial Analyst, Operations Manager, etc.

Top Recruiters

TCS, Infosys, Wipro, HCL, Tech Mahindra, (P&G), Nestlé, ITC & Amazon.

Recognition/Accreditation: Top Online MBA Colleges in Mumbai

Selecting a reputable college with legitimate accreditations is very important. It guarantees that employers will respect and accept the degree that the college offers. The University Grants Commission (UGC) and the National Accreditation and Assessment Council (NAAC) have accredited the best Online MBA universities in Mumbai.

Here is the list of Online MBA Colleges in Mumbai with NAAC and UGC approval:

University / College

NAAC Accreditation

Recognition

Amity University, Mumbai

--

UGC, AICTE

Garware Institute of Career Education and Development

NAAC

--

Indian Institute of Business Management and Studies (IIBMS), Mumbai

--

AICTE

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

NAAC

UGC, AICTE

International Institute of Sports Management, Mumbai (IISM Mumbai)

NAAC

UGC

Fee Structure: Top Online MBA Colleges in Mumbai

Mumbai is the entertainment capital of India and is home to Bollywood. However, it also houses several top colleges that offer various types of UG and PG courses. There are also several top colleges in Mumbai that offer Online MBA courses. These colleges offer a very competitive fee structure and educational value along with career growth. Students must check the fee structure of these online MBA colleges before taking admission.

Here is the list of the best online MBA colleges in Mumbai and their fees:

College /University Name

Course Fees

Amity University, Mumbai

INR 2,15,000

Garware Institute of Career Education and Development

INR 92,000

Indian Institute of Business Management and Studies (IIBMS), Mumbai

INR 68,000

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

INR 2,10,000

International Institute of Sports Management, Mumbai (IISM Mumbai)

__

Admission Process: Online MBA Colleges in Mumbai

Most colleges and courses have specific requirements for admission. The college or university may establish these rules independently. Students must adhere to such procedures in order to get admitted to certain colleges or courses. Every applicant must follow the admissions procedure set by online MBA colleges in Mumbai.

The admission process for the best online MBA colleges in Mumbai typically involves:

Application

Visit the official college website, register, and fill out the online application form carefully.

Documents

Upload the necessary documents, including your personal details, academic transcripts, and pictures.

Entrance Exams

Certain schools may have entrance exam requirements. Students must score the cut-off marks to be eligible.

Interview

Some colleges may organise personal interview rounds as a part of the selection process.

Admission Fee

Pay the admission fees if a seat is allotted to accept the seat and confirm admission. 

Eligibility criteria: Online MBA Colleges in Mumbai

Eligibility criteria are the minimum requirements set by the college for admission to any course. Students who meet these requirements are allowed to get admission to the college into course of their choice. These criteria may vary from college to college and course to course. Students must check the required eligibility rules before applying to top online MBA colleges in Mumbai.

Here are some of the common eligibility criteria for admission to the best online MBA colleges in Mumbai:

 Academic Background

Applicants for online and remote MBA programs must hold a bachelor's degree or be in their final year of undergraduate study.

Age restriction

No maximum age

Entrance Exam

No management entrance exam is necessary. However, students with a valid cut-off score in the relevant entrance exams will get priority.

Work Experience

Except for executive MBA courses or programs specially created for working professionals, applicants are not required to have prior industry experience to be considered for admission to online MBA Colleges in Mumbai.

Online MBA Specialization offered by Top Colleges in Mumbai

MBA is a professional course with various specializations leading to several career options in different fields. Select an MBA specialization that helps you to focus on topics related to your interests and professional objectives. Online MBA Specialization offered by top Colleges in Mumbai might have a big impact on your career.

Here is a list of specializations provided by the best online MBA Colleges in Mumbai:

Finance

Marketing

Human Resource Management

International Business

Food Business Management

Entrepreneurship

Business Analytics

Supply Chain Management

Accounting

Digital Marketing

Financial Management

Management consulting

Hospital & Health Care Management

Production & Operations Management

Information Technology Management

Retail Management

Event Management

Sports Management

Infrastructure Management

Project Management

Financial Services Management

Career Opportunities: Top Online MBA Colleges in Mumbai

Earning an online MBA degree from one of Mumbai's top online MBA programs can greatly improve your job prospects. Online MBA students can pursue a range of careers in several industries. Every program trains you in different subjects making you suitable for different job roles.

Here is a list of some of the most common career options for the graduates of Online MBA Colleges in Mumbai:

Online MBA Career Opportunities

Management

Consulting

Finance

General Manager

Management Consultant

Financial Analyst

Project Manager

IT Consultant

Investment Banker

Operations Manager

HR Consultant

Risk Analyst

Business Development Manager

Marketing Consultant

Financial Planner

Digital Marketing Manager

Brand Manage

Product Marketing Manager

Top Online MBA Colleges in Mumbai: Frequently Asked Questions (FAQs)

Ques: Are there chances to network with experts and peers at Online MBA Colleges in Mumbai?

Ans: Yes, through virtual platforms, webinars, and networking events, Online MBA Colleges in Mumbai offer possibilities for interaction with peers, instructors, and professionals in the field.

Ques: How adaptable are Mumbai's online MBA programs?

Ans: Because of their great degree of flexibility, online MBA programs offered by top colleges in Mumbai enable students to fit their studies around their work and personal obligations.

Ques: What kind of opportunities for employment await graduates of Online MBA Colleges in Mumbai?

Ans: Graduates of Online MBA Colleges in Mumbai can work in a variety of industries, including consulting, entrepreneurship, business management, marketing, financial analysis, operations, human resources, and IT management.

Ques: Do Online MBA Colleges in Mumbai offer scholarships or financial aid?

Ans: Scholarships and financial aid are provided by numerous Online MBA Colleges in Mumbai to qualified students. This can include need-based and merit-based scholarships.

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