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10 Most Affordable Online MBA Programs in India

10 Most Affordable Online MBA Programs in India

Edited By Team Careers360 | Updated on Feb 21, 2024 02:53 PM IST | #MBA

Online MBA is a sought-after degree programme among management aspirants. Many people nowadays are looking to enrol in the top universities offering the most affordable online MBA programs. With a surge in online education and rising demand for management candidates across industries, the value of an online MBA has increased.

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 several best online MBA colleges in India that offer online MBA degree courses at an affordable cost. In this article, we have brought you the 10 most affordable online MBA programs in India that you take and pursue your desired career.

Also Read: Top Free Online MBA Courses with Certificates in India

10 Most Affordable Online MBA Programs in India

Online MBA courses are more efficient and the best choice towards one's career growth. When it comes to affordable management courses, an online MBA is considered the best option. The table below highlights the affordable MBA online programs in India one can take to pursue a management career.


Also Read: Online MBA Degree in India: Types, Courses & Colleges

Affordable Online MBA in India

There are several top universities for online MBA in India. These online MBA courses are affordable and comprehensive, equipping students with an in-depth knowledge of business administration and management. The course also provides learners with the opportunity to make a career of their choice.

Candidates can find various affordable MBA online programs offered by top universities in India. They can study their courses at their affordability and convenience.

Let us go through each cheapest online MBA in India and understand its speciality and key features.

1. Madurai Kamaraj University Online MBA

Master of Business Administration at Madurai Kamaraj University, Madurai, is one of the affordable MBA degree online. It is a two-year postgraduate degree programme offered by the university’s Directorate of Distance Education designed for students who have discontinued their studies or want to study for an additional degree.

The online MBA at Madurai Kamaraj University is focused on developing industry-ready skills with the personal development of students. This inexpensive online MBA course provides students with the fundamental concepts in management, and administration and its application in modern business to solve complex business issues. The fee of the course is Rs. 36,000.

Madurai Kamraj University Online MBA Admission Procedure

The admission process for this affordable MBA degree is done online. Eligible candidates can enrol in the course by visiting the official website of the university and registering themselves. they need to fill out an application form online and then pay the application fee.

Also Read: Is Online MBA Recognized by UGC?

2. GJU Hisar Online MBA

Master of Business Administration (MBA) from GJU Hisar is another online affordable MBA programme. It is a two-year postgraduate management course focused on achieving excellence through innovations and fostering quality of life through striking purposeful linkage with industry and professional bodies. GJU Hisar Online MBA ensures sustainable holistic human development with the highest professional standards.

The online MBA at Guru Jambheshwar University of Science and Technology, Hisar spreads across four semesters. After completing this affordable online MBA India, students can explore jobs such as marketing manager, Business Operations Manager, Investment Fund Manager, Business Analyst, and others.

GJU Online MBA Admission Procedure

The GJU Online MBA admission process will happen in the online mode. Eligible candidates have to register themselves on the online portal of the University and then complete the online application form, upload the required documents, and pay the application fee.

Also Read: Top Business Schools for Online MBA Courses in India

3. Periyar University Online MBA

Online MBA from Periyar University, Salem, is designed to help you make a strong foundation for yourself in the field of management. This online MBA with low fees is specifically apt for individuals who want to excel in their respective fields by learning new concepts without having to give up on their jobs.

The online MBA syllabus is aimed at providing the concepts to the students in an application-based manner. They will be trained in Management concepts through case studies and various other business theories and concepts that they will be required as business professionals. The total Periya University Online MBA fee is Rs 71,000.

Periyar University Online MBA Admission Procedure

Admission to Periyar University Online MBA is an online process. Eligible candidates need to fill in an online application form, upload the required documents, and make the payment of the application fee.

Resource Links for Online MBA

4. Guru Nanak Dev University Online MBA

This is one of the most affordable online MBA programs in India offered by Guru Nanak Dev University. This affordable MBA online course is well crafted and designed for students with a passion for learning. The online medium of this cheap online MBA course ensures that the students can study from the comforts of their homes and make learning interesting.

In this online MBA with low fees, working professionals will explore the areas of management and other basics of business Administration. The GNDU Online MBA fee is Rs 79,000.

GNDU Online MBA Admission Procedure

To get enrolled in this affordable online MBA in India from Guru Nanak Dev University, Amritsar, you will have to fill in an online application form giving the relevant information, paying the application fee, and submitting the required documents. The admission process for this online MBA low cost course will happen online.

Also Read: How Can an Online MBA Degree Benefit Your Career?

5. MRIIRS Faridabad Online MBA

Manav Rachna International Institute of Research and Studies offers an affordable MBA degree online. Entitled by UGC, the online MBA course is designed for dual specialization from basic and contemporary managerial domains, including marketing, finance, human resources, international business, logistics and supply chain management, digital transformation and analytics, and healthcare management.

Spread across two years, the MRIIRS Faridabad Online MBA contains a total of 80 credits. The total fee of the course is Rs 1,20,000.

MRIIRS Faridabad Online MBA Admission Procedure

The online MBA course admission is done online. Aspiring candidates must visit the official website of the university and register themselves. They need to fill in an online application form, upload the required documents and pay the application fee.

Also Read: Which is the Best Online MBA in India and Abroad?

6. Uttaranchal University Online MBA

Uttaranchal University is one of the best colleges for online MBA in India. The university offers a low cost online MBA in India with specialisations in marketing management, digital marketing, HR, business analytics, financial management, IT, and international business.

As one of the cheapest online MBA programs, Uttaranchal University Online MBA includes an intensive curriculum and provides one-on-one personalised mentorship. Students will also get placement assistance and get placed in reputed organisations. The fee of the course is Rs. 82,000.

Uttaranchal University Online MBA Admission Process

The admission process for this one of the cheapest online MBA courses in India includes the submission of an online application form along with the necessary documents and fee payment.

Also Read:

Top UGC Approved Colleges for Online MBA
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7. Bharathidasan University Online MBA

As a very efficient and beneficial for individuals seeking to build a career in the business world, the online MBA from Bharathidasan University, Tiruchirappalli is another one of the best affordable online MBA programs in India. This low-cost online MBA in India will train you in the various aspects of marketing, leadership, finance, accounts, and much more while giving you a wholesome understanding of the subject.

The entire learning process of this low-cost MBA online course will happen online as the students will get to learn through online video lectures and e-content. This online MBA with low fees will also aid in the holistic development of the student. The total Bharathidasan University Online MBA fee is Rs 92,000.

Bharathidasan University Online MBA Admission Process

Interested candidates who want to enrol in this online MBA programme must visit the online portal of the University and register themselves. They will then be required to fill in an online application, pay the application fee and upload the required documents. The University will intimate the students who are selected for the course.

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8. Manipal Online MBA

This one of the most affordable online MBA programs is entitled by the University Grants Commission (UGC). Manipal Online MBA prepares students for today’s competitive business world with a robust curriculum. The online MBA syllabus at Manipal University Online enables students to choose from career-focused electives including finance, marketing, HR, operations, international business, and analytics and data science.

After completing this affordable online MBA in India, graduates can explore careers in financial services, FMCG, retail, healthcare, consulting, and others. They can land careers as finance managers, operations lead, quality controllers, project managers, and more.

Manipal University Online MBA Admission Process

Admission to the Manipal University Online MBA is an online process. Candidates have to register for the course and pay the programme fees. They are also required to upload documents and submit the application.

Popular Online MBA Specializations

There are various specialisations available in an online MBA. Students can choose from different online MBA specializations based on their area of interest. Mentioned below is the list of online MBA specializations one can opt for and accomplish their career goals.

9. Amity Online MBA

This is amongst the affordable online MBA in India offered by Amity Online. The programme is designed to provide an in-depth understanding of the business world. It lets students understand how to thrive in a global marketplace.

Spread across four semesters, the Amity Online MBA syllabus covers core subjects and provides various specialisations, including business analytics, data science, international finance, digital entrepreneurship, and more. After completion, students can land careers such as business analyst, marketing head, operations manager, financial analyst, and HR manager, among others.

Amity Online MBA Admission Procedure

Candidates willing to enrol in the Amity Online MBA can apply for admission online. They need to first meet the eligibility criteria for the course. After that, they have to complete the application, pay the programme fees, and submit the application.

Also Read: Which Is the Best Online MBA in India and Abroad?

10. ICFAI Online MBA

This online MBA program by ICFAI Foundation for Higher Education, Hyderabad is another one of the best affordable online MBA programs in India. This online MBA course will help you learn all the management principles while developing the creative skills to make business plans of your own. It will train you in all the relevant departments required for a good Business Administrator.

Developing leadership skills and management capabilities will be the essence of this online MBA course. Students will have to complete a total of 22 courses spanning over four semesters in this online MBA course. The total ICFAI Online MBA fee is Rs 200,000 which is significantly less compared to the online MBA fees of other Institutes and Universities.

ICFAI Online MBA Admission Process

To get enrolled in this online MBA course, eligible candidates have to register themselves on the online domain of the University. They will then need to fill in all the required details and upload relevant documents to complete the admission process. They will also have to pay a registration fee of Rs 1,000 before submitting their application.

Popular Colleges Offering Online MBA in India

Many Indian universities offer online MBA courses in different specialisations. 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.

Conclusion

These are some of the most affordable online MBA programs for students in India who are interested in building their careers in the business field. With these online MBA courses from the best colleges, students can not only enhance their knowledge but also advance their career prospects.

There are plethora of online MBA career options for students to choose from after completing affordable online MBA courses in India. So, enrol the most affordable online MBA programs today and take your career to the next level.

Frequently Asked Questions (FAQs)

1. Do low cost online MBA degree courses hold the same value as an expensive course?

All these cheapest online MBA courses are being offered by recognized Universities and have been designed by industry experts and experienced faculty. They will be of extreme benefit to candidates.

2. How can I apply to the most affordable online MBA programs in India?

The admission process for the cheapest online mba programs is done online through the respective digital portal of the University offering the course.

3. How will be the evaluation process of the best affordable online MBA courses?

The evaluation for affordable online MBA programs in India is done through various assignments, quizzes, and written exams.

4. How will the online MBA courses be taught?

The medium of instruction of the cheapest online MBA in India will be live interactive lectures, online videos, and other e-content like ebooks.

5. Is an online MBA UGC approved?

Online MBA in India is approved by the University Grants Commission (UGC).

Certifications By Top Providers

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Questions related to MBA

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Determining the best MBA college in Noida depends on various factors such as ranking, faculty, infrastructure, and placement opportunities. Based on recent rankings and reviews:

  1. Amity University, Noida : Often considered one of the top choices, Amity University is recognized for its strong academic programs, extensive resources, and good placement records

  2. Symbiosis Institute of Business Management (SIBM), Noida : Known for its robust curriculum and industry connections, SIBM Noida is also highly regarded (https://sibmnoida.edu.in/sibm-noida-at-a-glance/)

  3. Jaipuria Institute of Management, Noida : Another top contender, Jaipuria Institute has a solid reputation for its MBA programs and competitive rankings

  4. Galgotias University : Ranked 1st in Uttar Pradesh by India Today, Galgotias is noted for its comprehensive MBA programs  and strong placement support (https://www.galgotiasuniversity.edu.in/p/how-to-get-into-a-top-mba-college-in-noida) .

Whether an MBA or MCA is better nobody tells you both have their own merits its totally depends on your interests, career goals, and strengths.however,there are certain factors that you should know before going ahead in MBA yhe curriculum is made to develop managerial skills and business acumen, which can prepare you for leadership roles in many industries. MBA graduates are often preferred for leadership positions where as if you prefer management over technology you should go for MCA it can earn a rewarding salary and have the opportunity to explore a variety of job profiles but its limited.

The Raja Bahadur Venkata Rama Reddy Women's College in Hyderabad, India has an active Placement and Training Cell to help MBA students prepare for and get placed in companies, banks, hospitals, telecom companies, etc.it has average package of 2.5 lakh per year.its not good as top mba colleges don't expect too much but it gives you degree at the end.

Also if you don't get job You can look for job fairs in your city, and upload your resume to job portals. You can also visit company websites and recruitment platforms to find off-campus job openings.

Hello there,
IIIT Allahabad (IIIT A) offers an MBA program with a focus on IT and management, making it a good choice for those interested in the intersection of technology and business. The institute is well-regarded for its technical programs, and the MBA program benefits from its strong industry connections and academic reputation.

However, placements for the MBA program may not be as strong as those for its engineering courses. The average package in recent years has been around 5-6 LPA, with higher packages for top performers. Companies in IT, consulting, and management often participate in the placements, but the number of core management companies might be fewer compared to traditional business schools.

If you are looking for an MBA with a strong focus on IT management and are comfortable with these placement statistics, IIIT A can be a good option. Otherwise, exploring other institutes with a broader range of placement opportunities may

Hope it helps. Good luck!

Hello Student,

UPES (University of Petroleum and Energy Studies) offers an online MBA program with various specializations. Heres an overview of what you can expect regarding the fee structure, courses offered, and placement opportunities:

1. Fee Structure: The fees for the UPES online MBA program generally range between INR 1.5 to 3 lakh, depending on the specialization and duration of the program. There might be flexibility in fee payment, such as installment options. Additional costs could include study materials, exam fees, etc. Always verify with the official website or admissions department for exact details.


2. Specializations Offered: UPES online MBA offers a variety of specializations, including:

MBA in Marketing Management
MBA in Human Resource Management
MBA in Financial Management
MBA in Operations Management
MBA in Business Analytics
MBA in Energy Management
MBA in International Business
These courses are designed to equip students with industry-relevant skills, and the curriculum may include case studies, live projects, and interaction with industry professionals .

3. Placement Opportunities: UPES provides placement assistance, but the placement opportunities for online courses may vary compared to their full-time, on-campus programs. UPES has a strong industry network, and many of its graduates are placed in reputed companies. The placement cell helps in resume building, interview preparation, and job placement. However, placements for online programs may rely more on students' initiative, prior experience, and active participation in networking opportunities.


4. Job Opportunities: After completing an online MBA from UPES, job opportunities depend on your specialization, work experience, and networking.

Graduates from UPES have been employed in companies like Infosys, Deloitte, Accenture, Reliance Industries, and Schlumberger, among others.The online nature of the course means that some recruiters might value work experience and skills more than just the degree, so it's essential to continue gaining practical experience while studying.

Hope it helps. Good Luck!



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