Can I Withdraw From Online MBA After Enrolment? Refund Policy Explained
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Online MBA programmes allow students to withdraw after enrolment, however, the refund policies differ across institutions. Several UGC-approved online MBA universities in India adhere to specific guidelines when processing refunds for cancelled admissions. Candidates looking to withdraw from an online MBA degree should carefully review the institution’s cancellation policy to ensure a complete withdrawal from the programme.
This Story also Contains
- Online MBA Refund Policy
- Online MBA Refund Policy at Top UGC-Approved Universities in India
- Can You Exit An Online MBA Programme Mid-Semester?
An online MBA is a postgraduate management programme. Students with the two-year programme are provided with management and business principles knowledge. Popular career options after online MBA include marketing manager, management consultant, operations manager, and supply chain manager.
To withdraw from an online MBA, students should carefully assess their academic goals, financial stance, and long-term plans before deciding. If uncertain, they should consult programme coordinators or academic advisors, who can suggest alternatives that may be more beneficial than opting for a complete withdrawal from the course.
Online MBA Refund Policy
Indian universities offering online MBA programmes maintain specific refund policies that vary in their approach. Understanding these policies is crucial for students, as canceling their online MBA admissions can have a greater impact on their personal finances if withdrawal becomes necessary.
The refund schedules are released separately by online MBA colleges in India, with refund percentages decreasing as more time passes from the date of admission or programme commencement. Most institutions retain certain non-refundable fees, such as registration, application, or administration charges.
Students considering online MBA programmes should carefully evaluate these refund policies, which should be a part of their decision-making process, as they also reflect institutional and admission flexibility. Understanding the terms and conditions of refunds can help students make informed choices about their professional and academic careers.
Online MBA Refund Policy at Top UGC-Approved Universities in India
The table below highlights the online MBA refund policies at top UGC-approved Indian institutes:
DY Patil University Online
| Period | Refund Percentage | Non-Refundable |
|---|---|---|
Before commencement of academic session (within first 10 days of enrolment & 11th day to start of session date) | 100% of tuition fees | Registration of Rs 1,500 for master's programmes (MBA) is non-refundable. |
After commencement of academic session (Jan and July) | No refund | Entire fee is forfeited |
Note: The DY Patil University Online MBA fee is refunded to eligible students within 30 days from the date of receiving a written application, and the refund is processed through electronic fund transfer.
MAHE Online (Manipal Academy of Higher Education)
Period | Refund Percentage | Non-Refundable |
|---|---|---|
15 days or more, before the last date of admission | 100% of tuition fees | Deduction of 5% of the course fee or Rs 5,000 (whichever is lower) Application fee is non-refundable |
Less than 15 days before the last date of admission | 90% of tuition fees | Application fee is non-refundable |
15 days or less, after the last date of admission | 80% of tuition fees | |
30 days or less, but more than 15 days after the last date of admission | 50% of tuition fees | |
More than 30 days after the last date of admission | No refund |
Note: The Manipal Online MBA fee will be refunded to eligible students by the MAHE Student Finance Office based on the recommendation of the Director-Directorate of Online.
Also Read: Is This the Future of Education? The Explosive Growth of Online MBA
Jain University Online
Period | Refund Percentage | Particulars |
|---|---|---|
15 days or more, before the last date of admission | 100% of tuition fees | Full refund of All fees with a deduction of Rs 1,000 as processing fee |
Less than 15 days before the last date of admission | 90% of tuition fees | Application fee is non-refundable |
15 days or less, after the last date of admission | 80% of tuition fees | |
30 days or less, but more than 15 days after the last date of admission | 50% of tuition fees |
Note: If a student fails to pay the semester fee, is detained due to backlogs, or has paid the full annual/programme fee in advance, no refund will be applicable in any of these cases.
Symbiosis School for Online and Digital Learning
| Period | Refund Percentage | Particulars |
|---|---|---|
15 days or more, before the last date of admission | 100% of tuition fees | Deduction of an amount not more than 5% of the fees paid by the student, subject to a maximum of Rs 5,000/- as processing charge from the refundable amount. Registration/Administrative fee is non-refundable. |
Less than 15 days before the last date of admission | 90% of tuition fees | Registration/Administrative fee is non-refundable. |
15 days or less, after the last date of admission | 80% of tuition fees | |
30 days or less, but more than 15 days after the last date of admission | 50% of tuition fees | |
More than 30 days after the last date of admission | No refund |
Note: The university will transfer the refund to the same bank account that was provided during the online application for admission cancellation.
Also Read: Online MBA Enrolment vs. Passing Percentage vs. Placements: Trends Revealed
Can You Exit An Online MBA Programme Mid-Semester?
Exit from an online MBA programme is allowed only before the session begins or after its commencement, not during the mid-semester. A full refund is granted if cancellation occurs at least 15 days before the session starts. Cancellations after session announcements may lead to a deduction in tuition fees as per the institute’s refund policy.
Withdrawing from an online MBA programme midway brings academic and financial consequences. Students receive no credits and completion degrees while receiving minimal tuition fees, thereby increasing their financial burdens. Additionally, those receiving financial aid may have to repay a portion of the funds disbursed, further deepening costs.
Abruptly leaving an online MBA programme can deprive students of essential management knowledge, advance career opportunities, and result in the loss of academic credentials. Students must make sure to carefully evaluate their decision and review the refund policies of the institute before opting to exit from the programme.
While online MBA programmes offer greater flexibility, exit after enrolment involves several academic setbacks and implications. Students should thoroughly analyse the institutional refund policies and their academic and financial goals before making any decision.
Frequently Asked Questions (FAQs)
Q: Is online MBA considered equal to regular MBA?
A:
Yes, online MBA programmes, if offered by UGC-approved universities, are considered equivalent to regular MBA courses for jobs and higher education in India.
Q: Does online MBA hold any value today?
A:
Yes, online MBA from accredited universities are valuable and recognised by employers, especially when combined with relevant experience and practical skills.
Q: Can I get a job after pursuing an online MBA?
A:
Yes, many online MBA graduates secure jobs in marketing, HR, finance, and analytics, especially when they possess work experience or industry-relevant skills.
Q: Which online MBA specialisation is best to pursue in 2025?
A:
Top online MBA specialisations in 2025 are business analytics, digital marketing, finance, HR, and healthcare management, depending on your career interests and goals.
Q: Can I cancel online MBA admission after enrolling?
A:
Yes, students can cancel online MBA admission after enrolment, but refund policies vary across universities. Students must check deadlines and non-refundable charges before initiating cancellation.
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You have scored 234 (QA: 78, VA: 84, LR: 72), you have a higher chance of getting a call from the NMIMS Mumbai MBA Core call, as it is the nearest score to the 235 cutoff. You have a good score in the verbal subject and have a decent score in QA/LR, which makes a call quite possible. It also depends on the final year's cutoffs and the specific section requirements. Around 230-250 marks are considered a good score. I hope this information helps you.
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Yes, it is possible to pursue an MBA again, even if you have already completed your first MBA from a state university. Many students can do an MBA course twice for skills enhancement, a stronger network and significant career growth. It helps to grow the work experience to show a real need for the second degree. If you need any information regarding the MBA course, please read the article List of B-School Exams in India which was published on our official website, careers360.
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MBA colleges Admissions are usually based on entrance exams like CAT, XAT, GMAT, or CMAT.
Some MBA colleges in India offer direct admission without entrance exams. These colleges usually admit students based on graduation marks, basic eligibility criteria, and document verification.
It is important to check UGC approval, accreditation, faculty quality, and placement support before choosing any college offering direct MBA admission.
Some Top Colleges in North:
IIM Ahmedabad, IIM Lucknow, IIM Indore, Faculty of Management Studies (FMS) Delhi, MDI Gurgaon, XLRI Jamshedpur, SP Jain Institute of Management and Research Delhi NCR, IMT Ghaziabad
Some Top Colleges in South:
IIM Bangalore, IIM Kozhikode, Indian School of Business (ISB) Hyderabad, Great Lakes Institute of Management Chennai, PSG Institute of Management Coimbatore, LIBA (Loyola Institute of Business Administration) Chennai, XIME Bangalore, SDMIMD Mysore
The Master of Business Administration (MBA) degree offers a wide range of specialized fields, allowing professionals to focus their expertise on specific industries or business functions. Choosing the best specialization depends heavily on your prior work experience, career goals, and the industry you wish to target. You can explore a detailed list of all MBA types and specializations here: Choosing the best specialization depends heavily on your prior work experience, career goals, and the industry you wish to target. You can explore a detailed list of all MBA types and specializations here: Types of MBA Courses and Specializations .
Hello,
Here are Types of MBA Scholarships in India:
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Now, here Popular MBA Scholarships:
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Aditya Birla Scholarship
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OP Jindal Management Scholarship
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IIM Scholarships
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Government Scholarships
For more details access below mentioned link:
https://bschool.careers360.com/articles/scholarship-for-mba-students-in-india
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