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Online MBA 2024: Course Eligibility, Admissions, Fees, Syllabus, Exams, Top Colleges & Careers

Online MBA 2024: Course Eligibility, Admissions, Fees, Syllabus, Exams, Top Colleges & Careers

Edited By Vivek Kumar | Updated on May 09, 2024 09:38 AM IST | #MBA

An online MBA is a two-year postgraduate degree programme in management and business administration. More than 60 UGC-approved government and private colleges in India offer online MBA degree programmes in various specialisations. The average fee of an online MBA degree can range from Rs 30,000 to Rs 20 lakh, depending on the college.

Candidates with a bachelor’s degree are eligible to apply for online MBA courses in India. Many colleges also consider scores of management entrance exams like CAT, MAT, XAT or SNAP as part of their online MBA admission. As an online degree in management has become a popular choice, aspirants also have the option to pursue an online MBA from IIMs.

What is an Online MBA?

An online MBA is a graduate-level management programme that provides students with knowledge of business administration. It equips them with the skills essential to gain management positions or become entrepreneurs. The course also allows them to pursue their programmes in their chosen specialisations.

Some of the popular specialisations in an online MBA include finance, marketing, international business, healthcare management, cybersecurity, HR management, IT, operations management, and more. Pursuing an MBA degree online is more affordable and accessible than a regular master of business administration (MBA).

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Online MBA programs are delivered virtually mostly on weekends and after business hours, which allows students to pursue from anywhere and at their convenience. Admission to these programs is provided based on merit or academic performance.

After completing an online MBA programme, graduates can explore numerous career options in diverse areas as project managers, HR managers, and accountants. Some of the popular employment areas are banking, finance, e-commerce, healthcare, real estate, IT, advertising, entertainment, and more. After completing an online MBA programme, a graduate can earn an average salary of Rs 9 LPA.

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Online MBA Highlights

Several top colleges and universities in India offer online MBA courses in a range of specialisations allowing students to pursue the programme based on their interests. The following table highlights the details of online MBA degree courses, including eligibility criteria, top colleges, admission process, fees, career opportunities, and top recruiters.

ParticularsValue

Course Name

Online MBA

Full Form

Master of Business Administration

Course Type

Degree

Course Level

Postgraduate

Duration

2 Years

Eligibility Criteria

Bachelor's and Work Experience (required for some programmes)

Online MBA Admission Process

Merit and Entrance Examination

Entrance Exams

CAT, MAT, XAT, SNAP, GMAT, CMAT

Online MBA Specialisations

Marketing, Finance, Operations Management, Human Resource Management, Business Analytics, International Business

Online MBA Course Fees

Rs. 30,000 to Rs. 20 lakh

Top Online MBA Colleges

Amity Online, Manipal University Online, Jain Online, UPES Online, IFHE Hyderabad

Career Opportunities

Financial Advisor, Finance Manager, Project Manager, Business Development Manager, Advertising Manager, Brand Manager, Marketing Manager

Average Annual Salary

Rs. 955,000

Employment Areas

Finance, Banking, Insurance, Advertisement, Human Resource Management, Marketing, Entertainment, Information Technology

Top Recruiters

Amazon, Flipkart, Microsoft, TCS, HCL, Deloitte

Why Study Online MBA?

There are numerous benefits of online MBA programmes. Students can develop organisational and management skills for the sustainable growth of their businesses. An online MBA course also offers greater flexibility and convenience, which particularly makes it beneficial for working professionals.

An online MBA programme comes with a robust curriculum which involves core subjects, electives, case studies, and industry projects, with an opportunity to participate in internships. With this programme, individuals cannot only enhance their business management knowledge and skills but also improve their career prospects in their desired fields.

Given below are several other reasons to pursue an online MBA:

  • Self-paced learning
  • Career advancements
  • Higher salary
  • Vast employment opportunities
  • Industry exposure

Who Can Pursue an Online MBA?

Individuals who want to improve their business management skills and enhance their career prospects can pursue an online MBA programme. It is ideal for both graduates and working professionals to excel in the management field. There are several universities that offer online MBA programs for working professionals, allowing them to pursue it at their own pace and convenience.

An online MBA is apt for:

Working Professionals: Individuals who are working and looking to improve their career prospects.

Entrepreneurs: Business owners and entrepreneurs who want to develop a strong foundation in business concepts and management strategies for their businesses.

Career Changers: Individuals who are looking for a career transition within the business world.

Recent Graduates: Freshers or graduates who have recently completed their bachelor’s degree and are looking to gain a competitive edge in today's business world.

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Online MBA Eligibility Criteria

The eligibility criteria for MBA online courses vary among institutes. The minimum online MBA qualification is a bachelor's degree. Candidates must meet the following eligibility requirements to get admission to top online MBA colleges in India:

Educational Qualifications:

  • Bachelor's degree in a relevant discipline from a recognised university

  • A minimum aggregate mark of 50% (45% for SC/ST)

  • Final-year students are also eligible to apply for MBA online courses

Aptitude Test:

  • Candidates are required to sit for management entrance exams as some colleges consider scores of XAT, CAT, MAT, CMAT, and SNAP as part of their admission process.

  • Candidates must have qualified for the exam with a minimum online MBA cut off

  • Some colleges like Manipal University Online conduct their online aptitude test as part of the application process.

Work Experience:

  • While it is not mandatory, having a certain year of work experience in a relevant field would be an added advantage

  • The work experience requirement may vary from one institute to another, however, the minimum requirement is 3 years after graduation

Age:

  • There is no age bar to apply for online MBA courses in India

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Online MBA Admissions 2024

The admission process for online MBA courses may vary from one institute to another. The common online MBA admission process includes the submission of an online application form with relevant documents and MBA online course fees. Candidates need to follow certain points to get enrolled in top business schools for online MBA:

Online Application Form:

  • Must visit the official website of the university of your choice and meet the admission requirements

  • Complete the application process by entering the required details - personal, academic and work experience

Uploading of Documents:

  • Upload the necessary documents while filling in the application form

  • Documents required for online MBA admission include a bachelor's degree mark sheet and certificate, a work experience certificate (if any), letters of recommendation, and a Statement of Purpose (SOP)

  • The document requirements may vary depending on the college.

Application Fees:

  • After filling in the application form and uploading the relevant documents, pay the requisite application fee to complete the online MBA admission process.

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Online MBA Entrance Examinations

While many universities offer direct admission to an online MBA programme based on merit, some consider scores of MBA entrance exams. Candidates need to secure valid scores to meet the online MBA cut-off of their preferred universities. The following table lists some of the popular entrance exams for online MBA courses in India.

MBA Exams

Details

CAT

The Common Admission Test is one of the popular MBA entrance exams in India. It is conducted on a rotational basis by IIMs. Many B-schools consider CAT scorecards for their online MBA admission.

XAT

The Xavier Aptitude Test is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to MBA online programs.

MAT

All India Management Association (AIMA) conducts the Management Aptitude Test (MAT) four times a year in February, May, September and December. Taking MAT is the best option to get admission to online MBA colleges in India.

SNAP

It is a national-level entrance exam conducted by Symbiosis International University for admission to its PGDM courses. Candidates can also apply for admission to other management universities and colleges with SNAP.

CMAT

The National Testing Agency (NTA) conducts the CMAT exam annually for admission to management courses. CMAT is held in an online (computer-based) mode and is valid for admission to online MBA/PGDM colleges in India.


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Online MBA Fees

MBA online course fees may vary depending on the institute, ranging from Rs 30,000 to Rs. 20 lakh. The fees may include various other charges for the facilities that the colleges provide to students as well as faculty such as hostel and transportation fees. The table below depicts the online MBA course fees of colleges in India.

Online MBA Duration

The minimum online MBA course duration is two years. Some universities also allow students to complete the programme with a maximum duration of four years.

The duration of an online MBA may vary depending on the student's pace of study, course curriculum, and the institute. The programme offers flexibility to meet the needs of working professionals and individuals with other commitments.

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Online MBA Syllabus

The syllabus of an online MBA comprises foundational and core subjects, with electives and capstone projects. The curriculum also offers various specialisations that students can choose based on their areas of interest. The online MBA syllabus may vary depending on the institution and the specific specialisation.

In the table below, we have mentioned the semester-wise online MBA syllabus of Amity Online.

Online MBA 1st Year Subjects

Semester 1

Managerial Economics

Statistics for Management

Professional Comunication

Accounting for Managers

Marketing Management

Semester 2

Legal Aspects of Business

Financial Management

Business Research Methods

Human Resource Management

Conflict Resolution and Management

Online MBA 2nd Year Subjects

Semester 3

Strategic Management

Professional Ethics

Minor Project

Semester 4

Management in Action - Social Economic and Ethical Issues

Digital Marketing

Major Project

Popular Online MBA Specialisations

An online MBA degree is offered in different specialisations that students can choose from based on their area of interest. Some of the popular online MBA specialisations are as follows.

Skills Required for Online MBA Courses

Students willing to study an MBA online must possess unique skill sets to enhance their learning experience and upgrade their knowledge. These skills will help them in their work setup and career growth. Given below are some of the key skills for online MBA courses:

  • Communication
  • Project Management
  • Leadership
  • Eye for Details
  • Organisation
  • Strategic Thinking
  • Decision Making
  • Time Management

Also Read: UGC Approved Online MBA Colleges in India for Working Professionals

Types of MBA Courses

An MBA degree programme is one of the popular courses among students and working professionals. Apart from online MBA and regular MBA programmes, MBA degrees are also offered in multiple modes of education, which help students to complete their programmes at their convenience. Some of the types of MBA courses are:

Top Private Online MBA Colleges in India

There are more than 35 private colleges in India that offer the best online MBA programs in various specialisations. However, it is difficult for candidates to choose the best colleges. To make it easier, we have prepared a list of some of the top private online MBA colleges in India.

Private Online MBA Colleges

Total Online MBA Fees

Amrita Vishwa Vidyapeetham, Coimbatore

Rs 1,70,000

Graphic Era University, Dehradun

Rs 80,000

LPU Jalandhar

Rs 3,16,000

KL University Guntur

Rs 65,500

KIIT University

Rs 1,60,000

IFHE Hyderabad

Rs 2,00,000

Galgotias University

Rs 76,000

Chitkara University

Rs 2,00,000

HITS Chennai

Rs 1,20,000

Chandigarh University

Rs 2,00,000

Top Government Online MBA Colleges in India

More than 12 government colleges in India allow students to pursue an MBA course online. The fees at government colleges are more affordable than private colleges. Candidates must visit their preferred colleges and enroll after meeting admission requirements. Given below is the list of some of the top government online MBA colleges in India.

Government Online MBA Colleges

Total Online MBA Fees

IIM Ahmedabad

Rs 20,00,000

IIT Jodhpur

Rs 8,25,000

GJU Hisar

Rs 48,000

Periyar University

Rs 71,000

Bharathidasan University

Rs 91,000

KSOU Mysore

Rs 80,000

Alagappa University

Rs 80,300

Madurai Kamaraj University

Rs 36,000

Mysore University

Rs 68,625

What After Online MBA?

There are various career options available for students after completing an online MBA. They can enter both the private and public sectors. Some of the online MBA scope include finance, marketing, operations, accounting and management, real estate, e-commerce, retail, fashion, hospitality, healthcare, and others. Graduates can also excel in leadership and managerial positions in top businesses.

Some of the popular online MBA job roles are as follows:

Manager: A Manager is a senior-level role. He or she is responsible for managing a department or overseeing various operations. Managers also coordinate with the staff and supervise them.

Sales Manager: A Sales Manager heads the sales department. He or she guides the sales personnel, assigning them monthly targets and supervising their performance. Sales managers may also provide them with training to upgrade their skills to improve sales performance.

Marketing Manager: A Marketing Manager is responsible for promoting and positioning the products and services of a company for higher sales conversion. He or she plans strategies for marketing campaigns to attract customers.

Financial Advisor: A Financial Advisor is another one of the highest-paying MBA jobs. He or she is responsible for providing financial services to clients based on their financial situation.

Brand Manager: A Brand Manager is a professional who builds brand value and changes public perceptions of a brand. He or she focuses on the organisation’s goals and maximum profit.

Also Read:

Online MBA Salary in India

The salary of an online MBA graduate may vary depending on the specialisation chosen, experience level, industry type, and job location. In India, an individual with an online MBA degree can earn an average salary of Rs 955,000 p.a. The following table shows the list of MBA salaries based on different job profiles.

Job ProfilesAverage Salary (annually)

Business Manager

Rs. 10,08,974

Sales Manager

Rs. 6,05,589

Marketing Manager

Rs. 7,32,094

Brand Manager

Rs. 8,01,641

Accountant

Rs. 2,89,070

*Source: PayScale

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Online MBA Top Recruiters

Several top companies in India and abroad offer various employment opportunities to online MBA graduates. These companies recruit candidates to meet their business objectives and goals. Some of the top recruiters for online MBA graduates are given below:

  • Amazon
  • Flipkart
  • Swiggy
  • HCL
  • TCS
  • Deloitte
  • JP Morgan Chase
  • Microsoft

Also Read:

Conclusion

An online MBA provides learners with knowledge and skills in business and management while creating numerous lucrative career opportunities in diverse fields. One can pursue a career in the public and private sectors and apply leadership skills in the real business world.

Frequently Asked Question (FAQs)

1. Is work experience required to pursue an online MBA programme?

While it is not mandatory, candidates with a certain year of work experience would get an added advantage for MBA online admissions. Several best online MBA colleges look for candidates with work experience.

2. Is an online MBA beneficial for working professionals?

This management programme comes with great flexibility, particularly making it beneficial for working professionals who are unable to attend classes in person. The programme allows them to study while working at their own pace and convenience.

3. What is the scope of an online MBA?

Pursuing an MBA degree online equips learners with advanced business administration and management concepts. It provides them with a vast career scope in both private and public sectors to take their careers to new heights.

4. Can I pursue an online MBA from IIMs?

IIMs like IIM Ahmedabad, IIM Ranchi, IIM Bangalore, IIM Kozhikode and IIM Lucknow offer the best online MBA programs with specialisations in different areas of management.

5. Is an online MBA equivalent to a regular MBA?

Both MBA programmes hold the same value as per UGC guidelines. They provide advanced business concepts and management practices while opening room for a variety of career options.

6. Is an online MBA worth pursuing?

Online MBA courses do not only provide an in-depth understanding of business and management concepts. It also creates various career opportunities for students in diverse fields.

7. Do the Big 4 Firms accept candidates with an online MBA?

Big 4 (Deloitte, PwC, KPMG and EY) are globally recognised professional services firms. As getting into these firms requires business skills and industry knowledge, online MBA courses are a great option for freshers and professionals to advance their qualifications.

8. What is the duration of an MBA course in online mode?

The minimum duration of an online MBA is 2 years, with a maximum duration of 4 years. The course duration may vary depending on the student's pace of study.

9. When should you pursue an online MBA?

You can pursue an online MBA degree after completing your bachelor's degree. If you are in the final year of graduation, you can apply for the programme. You can even enroll in the course while working.

10. What is the difference between an Online MBA and an Executive MBA?

An online MBA is a 2-year management degree programme for both freshers and working professionals. Conversely, an Executive MBA is a specialised programme for working individuals spanning 15-24 months.

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Questions related to MBA

Have a question related to MBA ?

Hello,


Yes, there are placements available for MBA graduates in Hospital Management, with opportunities in healthcare organizations, hospitals, clinics, consulting firms, pharmaceutical companies, and healthcare technology companies. The average salary from top colleges ranges from 12 LPA to 18 LPA.


hope this helps,

Thank you

Hello,

For MBA admissions at Gautam Group of Colleges, typically you need:


A Bachelor's degree from a recognized university.

Meeting minimum percentage or CGPA requirements.

Possibly some work experience.

Depending on the college, qualifying scores in entrance exams like CAT, MAT, XAT, or the college's own entrance test may be required

Hope this helps you,

Thank you

https://www.careers360.com/courses/mba-master-of-business-administration


Hello,

If you are looking for MBA colleges in Delhi that accept CUET PG 2024 scores, here are some prominent institutes:

1) University of Delhi (DU)

Multiple colleges under DU, such as the Faculty of Management Studies (FMS), accept CUET PG scores for MBA admissions.

2) Dr.B.R. Ambedkar University Delhi

Offers various postgraduate programs , including MBA,and accepts CUET PG scores for admission.

3) Jamia Millia Islamia (JMI)

Accepts cUET PG scores for their MBA programs.

Hello,

Yes, Your experience in the nursing field, combined with 32 years of work experience, can be a valuable asset for pursuing an MBA. Many MBA programs value applicants with diverse backgrounds and extensive professional experience. Your experience could bring a unique perspective to the classroom discussions and enhance your understanding of business concepts. Consider researching MBA programs that offer specializations or tracks related to healthcare management or administration, as they may be particularly suited to your background.

Hope this helps you,

Thank you

Hello aspirant,

Here you have not provided me the name of exam you are asking about. So I am considering the following two exams.

The CMAT 2024 examination, for admission to the MBA/MMS program, is scheduled for May 15, 2024. Registration for the May session of ATMA 2024 is currently ongoing, with the deadline for application being May 3, 2024. Additionally, the ATMA 2024 exam for the May session is set to take place on May 11, 2024.

Thank you

Hope this information helps you.


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