The world is getting shorter with technological advancement, making the world connected even faster day by day. The Covid two years pandemic has further strengthened this connectivity. With more technological advancement and changes in pedagogy and work culture approach in the past few years, like Online teaching platforms working by login from remote places, more and more MBA candidates have started exploring an opportunity to do an Online MBA from top B-schools without visiting the campus. Many prestigious MBA schools, such as IIMs, XLRI, and other top B-schools in India, have introduced high-quality online MBA programs that are on par with traditional classroom MBA programs and provide the same experiential learning opportunities, case studies, and skill development as traditional classroom courses—all at a significantly reduced cost. This is in response to the growing interest in online MBA programs worldwide, particularly among working professionals. Especially the working class because of its flexibility, no requirement of physical classroom attendance, and low fees, among other key factors. Besides, the Ministry of HRD, UGC, and AICTE have all authorized and recognized these online MBA programs in India.
What is an Online MBA?
An online Master of Business Administration course that can be completed online without attending classes on a physical campus. Online MBA programs cover various business topics, such as accounting, finance, strategy, marketing, and entrepreneurship. These courses are designed to provide candidates with the knowledge and skills necessary to succeed in various corporations, business settings, non-profit organizations, and startups.
Online MBA programs are more flexible, convenient, and affordable than traditional on-campus programs in several ways. However, online MBA programs may also have some disadvantages. They may need more networking opportunities and face-to-face interactions with professors and classmates often available in traditional programs. An online MBA can be the best choice for working professionals who want to grow without disrupting their work or personal lives.
Among the top programs in the United States are the Online Learning MBA programs offered by Indiana University's Kelley School of Business.
India's leading B-schools provide online MBA programs. Great Lakes, XLRI Jamshedpur, MDI Gurgaon, IIM Ahmedabad, and IIM Kozhikode offer India's top online MBA programs. The candidates can attend the virtual classes from the comfort of their homes or in specific city-designated learning locations.
Online MBA Highlights
Top Online MBA Colleges in the World | Top Ranked Online MBA Colleges include Warwick, Imperial, Carnegie, Massachusetts, North Carolina among others |
List of Private and Public Online MBA Colleges in India | IIM Ahmedabad, IIM Kozhikode, XLRI, MDI, Great Lakes, Welingkar |
Qualitative Programme | Online MBA is offered across the Globe by many top Universities and Institutes. The programme is also ranked globally |
Grooms Leadership Skills | Online MBA gives you the exposure on all Management courses and develop your leadership and management skills giving you the opportunity to understand the key business management areas |
Top Online MBA Course Specializations | Online MBA offers specialization in industry relevant areas like Marketing, Finance, HR, Operations, International Business, Analytics & Big Data among others |
Approved & Recognized | Online MBA is duly approved by the statutory authority like AICTE/UGC |
Online MBA Curriculum & Syllabus at Par with Regular MBA | There is almost no difference between the syllabus and curriculum for MBA Online which is at par with Regular MBA and same topics are taught by the same faculty with case studies, projects through online platform |
Award of MBA without Leaving Job | Without quitting the job, Online MBA offers the best option for the working professionals and other candidates who cannot afford class room MBA programs |
Flexibility of Time & Place | MBA Online Education offers flexibility of time and place over regular MBA. The classes are also recorded and you can have access to them from any corner of the world |
No Commuting to Campus | You do not have to live on campus or attend classes in person because being in a classroom is not required. An online MBA helps you save time and effort. |
Online MBA Fee | Online MBA colleges fee is much lower than the regular MBA programme fees. |
Job Opportunities for Online MBA Degree | If you are a self-employed individual or working professional doing an online MBA program, you will experience strong career advancement upon course completion. If you are freshly graduated, completing an online MBA program will also grant you a recognized MBA degree and help you advance in your job. |
Advantages & Disadvantages of Online MBA
Benefits & Advantages of Online MBA | Disadvantages of Online MBA |
Low Cost Programme: Online MBA colleges fees is 7-8 times less than the regular MBA fees | No Peer Learning |
Time Saving: You need not reside or visit the institute campus | Lack of Campus experience |
Use of Technology Power from Home: MIT, Harvard, use technology to deliver programs across the world. MOOCs and platforms such as Coursera, Edex and Udacity offer good online education experience | Face to Face Faculty Interaction Missing |
Effective Time Management: Online program offers flexibility of time and pace over regular MBA. It is well suited for people, who due to time, money or other constraints cannot afford to do a full time MBA. | Technology Glitches cause problems |
Industry relevant curriculum: Institutes offering best Online MBA are well aware of the changing business environment and hence offer an updated and industry relevant curriculum to the students. | No Experience of Learning in a Diverse Batch |
Online MBA Scope: A key aspect of the Online MBA scope is that your MBA degree is duly recognized and will be accepted in your career growth | Academic Punctuality is compromised |
Alumni Status: After completing your Online MBA, you will be awarded alumni status of the B-school | Placements are not as high as of regular MBA |
Online MBA: Top 10 Online MBA Colleges in the World
FT Rank 2023 | College Name | Programme name |
1. | IE Business School, Spain | Global Online MBA |
2. | Warwick Business School, UK | Warwick MBA by Distance Learning |
3. | Imperial College Business School, UK | Global Online MBA |
4. | Carnegie Mellon:Tepper, US | Part time Online MBA |
5. | University of Massachusetts Amherst: Isenberg | Isenberg Online MBA |
6. | University of North Carolina: Kenan-Flagler | MBA@UNC |
7. | University of Florida: Warrington, US | Online MBA |
8. | Durham University Business School, UK | Online MBA |
9. | University of Liverpool Management School, UK | Online MBA |
10. | Politecnico di Milano School of Management, Italy | International Flex MBA |
Top Online MBA (Best Online MBA) in India
Top Online MBA colleges in India include the best online PGDM colleges like MDI, XLRI, Great Lakes, and top IIMs offering Online MBA. Besides, many University colleges offer online MBA.Here is a list of the best online MBA/PGDM colleges in India, including a List of the Top Private Online MBA Colleges in India:
Online PGDM in India: Top Online MBA by XLRI, MDI, TAPMI, Great Lakes & Others
Many top B-schools, including XLRI, MDI, TAPMI, and Great Lakes, have launched cost-effective online PGDM in India while maintaining their quality curriculum and syllabus.
Online MBA/PGDM College | Online MBA/PGDM program offered | Program Duration | Online MBA Colleges Fees (In Rupees) |
XLRI Jamshedpur | PGDBM-Online | 2 Years | Rs.14 lakhs |
MDI Gurgaon | PGDM-Online | 2 Years | Rs.14 lakhs |
Great Lakes Chennai | PGDM-Online | 2 Years | Rs. 3.50 lakhs |
TAPMI Manipal | MBA-BFS Online | 2 Years | Rs. 5.60 lakhs |
IMT-Centre for Distance Learning (IMT-CDL) Ghaziabad | Online PGDM | 2 Years | Rs. 1.11 lakhs |
BIMTECH Greater Noida (Delhi NCR) | PGDM-Online | 2 Years | Rs. 2.75 lakhs |
Welingkar Institute of Management (We School) Mumbai | Online PGDM in 18 Areas like E-Business, Travel & Tourism, Marketing, Retail, Agri-Business, HCM & Others-Check in detail below | 2 Years | Rs. 1.01 lakhs |
Jaipuria Institute of Management, Noida | PGDM Online | 2 Years | Rs. 1.20 lakhs |
Online MBA from IIM
The most prominent business schools in India, the Indian Institutes of Management (IIMs), are included in India's best public online MBA colleges. They are also the public online MBA colleges in India and provide a range of MBA programs, including online MBA courses. The IIM Ahmedabad online MBA is included in the List of Public Online MBA Colleges in India, IIM Shillong online MBA, IIM Kozhikode online MBA, IIM Rohtak online MBA and IIM Raipur online MBA, which are several formats and names for the online MBA courses that IIMs provide.
Online MBA Courses from IIMs
IIMs offering Online MBA | IIM Online MBA Course Name & Duration | Online MBA Format | Online MBA Fees |
IIM Ahmedabad | e-Mode EPGP: 2 Years | eLearning Mode | Rs 20 lakh |
IIM Kozhikode | Executive Post Graduate Programmes (EPGP): 2 Years Online | Interactive Learning Mode | Rs 14 lakhs |
IIM Shillong | MBA for Working Executives (MBA WE): 2 Years Online | Live Online classes with interactive learning | Rs 12 lakhs |
IIM Rohtak | Post Graduate Programme in Management for Executives (PGPx): 1 Year | Online & Offline blended programme | Rs 7.15 lakh |
IIM Raipur | Executive Post Graduate Programme in Management (EPGP): 2 Years | Blended Mode MBA programme | Rs 12.25 lakhs |
IIMs offering Online MBA | IIM Online MBA Course Name & Duration | Online MBA Format | Online MBA Fees |
IIM Ahmedabad | e-Mode EPGP: 2 Years | eLearning Mode | Rs 20 lakh |
IIM Kozhikode | Executive Post Graduate Programmes (EPGP): 2 Years Online | Interactive Learning Mode | Rs 14 lakhs |
IIM Shillong | MBA for Working Executives (MBA WE): 2 Years Online | Live Online classes with interactive learning | Rs 12 lakhs |
IIM Rohtak | Post Graduate Programme in Management for Executives (PGPx): 1 Year | Online & Offline blended programme | Rs 7.15 lakh |
IIM Raipur | Executive Post Graduate Programme in Management (EPGP): 2 Years | Blended Mode MBA programme | Rs 12.25 lakhs |
Low-Fee Online MBA Colleges in India
There are many online MBA colleges with low fees in India. Government and private universities and online PGDM colleges offer the low-cost online MBA programme. The following colleges and universities offer some of the top low-fee online MBA programs:
Name of Low cost online MBA College | Online MBA/PGDM Programme Offered | Online MBA duration | Online MBA Academic Fees |
Indira Gandhi National Open University (IGNOU) | Online MBA | 2 Years | Rs. 62,000 |
Welingkar Institute of Management (We School) Mumbai | Online PGDM in 18 Areas like E-Business, Travel & Tourism, Marketing, Retail, Agri-Business, HCM & Others | 2 Years | Rs. 1,01,000 |
IMT-Centre for Distance Learning (IMT-CDL) Ghaziabad | Online PGDM | 2 Years | Rs. 1,11,000 |
Jaipuria Institute of Management, Noida | Online PGDM | 2 Years | Rs. 1,20,000 |
Manipal Academy of Higher Education (MAHE) | Online MBA | 2 Years | Rs. 2,60,000 |
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