Online MBA Scholarships and Financial Aid - Here’s What You Need to Know!

Online MBA Scholarships and Financial Aid - Here’s What You Need to Know!

Edited By Arushi Pandita | Updated on May 26, 2025 12:38 PM IST | #MBA

Online MBA programmes are more affordable than regular ones. The fee of online MBA courses in India range from Rs 50,000 to Rs 5 lakhs. In IIMs, the average online MBA fee is Rs 10 lakhs - Rs 20 lakhs.

Several UGC-approved online MBA colleges in India, along with IIMs, offer scholarships and financial aid to help students manage their education costs without financial strain. Although online MBA fees are relatively lower, students still have to cover the costs. Scholarships and financial aid promote academic excellence, making online MBA courses more accessible.

Online MBA Scholarships and Financial Aid - Here’s What You Need to Know!
Online MBA Scholarships and Financial Aid - Here’s What You Need to Know!

Universities offer various types of online MBA scholarships, including merit-based scholarships, need-based scholarships, and diversity-based scholarships. Beyond scholarships, online MBA financial aid also encourages students to get education without worrying about excessive debt. The online MBA financial aid is offered in terms of educational loans, easy EMI options or installments.

An online MBA equips students with core business and management skills. Students can also gain specialised learning in areas such as entrepreneurship, digital marketing, human resources, and IT. Online MBA offers networking, career guidance, and alumni status, making the programme ideal for working professionals and graduates seeking career advancement.

DES University MBA Admissions 2025

Deadline: 30th May'25 | MBA @ DES Pune University | Top Ranked B-School | 100% Placement Assistance

UPES | BBA Admissions 2025

#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships | Last Date to Apply: 23rd June

Types of Online MBA Scholarships

There are several types of scholarships offered by online MBA colleges in India. These online MBA scholarships are available to different categories of students.

Scholarships

Details

Merit-Based

This scholarship is awarded to students with strong academic records and achievements.

Need-Based

Provided to those students who come from weaker financial backgrounds.

Industry-Specific

This type of scholarship is awarded to different categories of students based on industry, including defence personnel and government employees

Top Colleges Offering Scholarships And Financial Aid for Online MBA

According to the University Grants Commission (UGC) 2022 data, online education saw a 170% rise, with online MBA enrolments reaching 28,956, showcasing a 50% increase from 2020 to 2023. With online MBA fees ranging from Rs 50,000 to Rs 5,00,000, scholarships and financial aid play a vital role in helping students manage costs effectively.

Amity Online MBA Scholarships

CategoryScholarship CreditEligibility Criteria
Divyaang (persons with special needs)20%Valid certificate of disability as per government norms
Defence Personnel
20%Minimum 2 years of service in the defence forces with a valid Identity Card number
Amity University Alumni
20%Amity University UG/PG alumni
Merit-Based
Up to 20%Academic excellence with minimum 85% aggregate in the previous qualification
Sports Scholarship (CHAMPS)
30% - 100%State, national, or international-level sportspersons with valid affiliation from the respective sports federation.
Top UGC Approved Colleges for Online MBA
Download this ebook and get all details related to the top UGC approved colleges for Online MBA.
Download List Here

Online Manipal Scholarships For Online MBA

CategoryScholarship CreditEligibility/ Documents

Persons with disabilities

20%

Divyaang certificate

Defence personnel

20%

Personnel / Service / IC number

Alumni

20%

UG/PG alumni of Manipal University Jaipur

Government employees

10%

Identity card

Merit ( 80% and above in bachelor's degree)

10%

Mark sheet

Amrita Online MBA Scholarships

CategoryScholarship CreditEligibility

Merit

10%

UG: Above 60% in 12th or equivalent

PG: Above 6.0 CGPA or equivalent at UG level

Enrolled AHEAD UG/PG: Above 7.5 CGPA

Defence Personnel

20%

All in service or retired

Martyr’s

20%

Wards of Martyred soldiers

Sports

25%-100%

Sports listed under IOC, IOA, AIU, MYAS

Divyang

20%

Differently-abled

Amrita Vidyalayam

20%

Selection process

Amrita Alumini

10% / 20%

CGPA: above 6 / above 7.5

Amrita Talent Hunt

20%

National/International events recognized by the Board

DY Patil Vidyapeeth Online MBA Scholarships

CategoryScholarship Credit

Indian - Defense Differently Abled

5%


NMIMS Online provides special incentives to armed forces, defence personnel and their immediate family with a 20 percent concession on the program fee.

With fees varying widely, online MBA scholarships and financial aid help students from weaker financial backgrounds. Top tier institutes such as IIMs, Amity University, and Manipal University Online, among others play a crucial role in making education more accessible and affordable.

Also Read: Top Online MBA Specialisations to Pursue in 2025

How To Maximise Online MBA Scholarships and Financial Aid?

Managing expenses for online MBA students can be challenging. However, with online MBA scholarships and financial aid offered by Indian universities, it is essential for aspiring graduates to know how to maximize these opportunities. The following points outline effective strategies to maximise scholarships and financial aid for online MBA students:

Read Terms And Conditions: Once you have been successfully awarded an online MBA scholarship or online MBA financial aid, make sure to always read the terms and conditions attached to them. Understand the renewal criteria, deadlines, and any academic requirements to ensure continuous support throughout the two-year online MBA curriculum.

Maintain A Good Academic Score: Indian universities prioritise academic merit for scholarships and financial aid. To qualify, students should maintain strong academic performance and stay committed to their curriculum. Consistently excelling in studies increases the chances of receiving financial support from the university.

Check And Monitor: Always stay vigilant of your online MBA scholarship disbursement. Ensure that the funds are credited on time as per the scholarship's terms. Students must maintain records of all the scholarship and financial aid documentation, including disbursement receipts, and should maintain communication with the financial aid officer for financial updates.

Utilise Professional Development Opportunities: Online MBA scholarships and financial aids help students cover additional expenses. The fund can be used on building their professional brand, including attending workshops or conferences that enhance their skills and make them more competitive in their careers.

Popular Colleges Offering Online MBA

Several top colleges in India offer online MBA in different specialisations. Students must visit the official website of their preferred college and enrol in an online MBA programme to fulfil their personal and professional goals. Here is the list of some of the popular online MBA colleges in India.

JSS University Mysore BBA Admissions 2025

NAAC A++ Accredited| Ranked #24 in University Category by NIRF

Indus Business Academy (IBA), Bangalore PGDM Admissions 2025

Triple Accreditation (NBA, IACBE & SAQS) | Dual Specialisation | Merit-Based Scholarships Available

Online MBA scholarships and financial aid help students continue their education without any financial constraints. By understanding the terms and conditions before applying, students can fully maximise the benefits of online MBA financial aid and scholarships, enabling them to excel in their careers.

Frequently Asked Questions (FAQs)

1. Who can apply for online MBA scholarships?

Anyone who meets academic performance, personal statement, and financial criteria can apply for online MBA scholarships.

2. How can I apply for financial aid in online MBA courses in India?

Students need to visit their preferred university, check all details and meet all the requirements for the online MBA financial aid.

3. Which Indian universities offer scholarships for online MBA in India?

Universities such as Amity University, Manipal University, and Chandigarh University offer scholarships and financial aid. IIMs also provide scholarships to meritorious students.

4. Are education loans available for online MBA programs?

Yes, universities such as IIM Kozhikode provide loan options for students seeking to enrol in an online MBA course.

5. Can working professionals apply for online MBA financial aid?

Yes, working professionals can apply for financial aid options available for online MBA courses. The online MBA financial aid is offered in  terms of educational loans, easy EMI options or installments.

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
University College London, London
 Gower Street, London, WC1E 6BT
The University of Edinburgh, Edinburgh
 Old College, South Bridge, Edinburgh, Post Code EH8 9YL
University of Bristol, Bristol
 Beacon House, Queens Road, Bristol, BS8 1QU
University of Nottingham, Nottingham
 University Park, Nottingham NG7 2RD

Questions related to MBA

Have a question related to MBA ?

NPAT is divided into three major sections.

- Quantitative Reasoning: Here, you will take questions that involve numbers and different problems are included.

Percentages, computing profit and loss, discounts as well as their differences, time or work needed to complete a job, distances, dealing with ratios and proportions, figures on simple and compound interest, and annuities.

- Algebra: identifying important algebraic identities, equations, sequence, and series

- Geometry looks at shapes, their areas and their volumes in two and three dimensions.

Subjects such as Statistics and Probability include mean, median, mode, and measures of dispersion.

It looks at your critical thinking and data analysis skills in verbal-logical reasoning and topics like:

It is important to look at problems and come to decisions with critical thinking.

A study of figure analogy, figure series, and figure matching/classification is important for spatial reasoning.

- Use of graphs, charts, and tables to look at your data

Using logical ideas to conclude outcomes

Verbal Reasoning is meant to assess your English skills by testing areas like vocabulary and meaning.

- Gaining knowledge of the meanings of keywords

It includes the ability to spot grammatical mistakes.

Combining separate sentences into a logical order

- Reading Comprehension: looking at passages, finding connections between text, and examining the mood of the author


With 6580 AP ICET rank and BC-E category, getting MBA at Andhra University main campus is unlikely (cutoff usually below 2000).

But you have good chances in AU-affiliated or self-financed colleges.

Attend counseling and list both main and affiliated colleges.


some government colleges in Gujarat offering MBA in HR along with their fees and placements:

IIM Ahmedabad

  • Fees: RS.20–26.5 Lakhs (total course fee)
  • Average Placement Package: RS.35–36 Lakhs per annum
  • Placement Rate: Around 100%
  • ROI: Excellent, due to top placements and industry reputation.

Gujarat University, Ahmedabad

  • Fees: RS.15,000–24,000 (total course fee)
  • Placement: Good placement record with many companies visiting campus
  • ROI: Very good, considering the low fees and decent placements.

Maharaja Sayajirao University (MSU), Baroda

  • Fees: RS.1.5–2 Lakhs (total course fee)
  • Placement: Good placements with a variety of recruiters

  • ROI: Good, due to affordable fees and reasonable placement opportunities.

IN CONCLUSION:
IIM Ahmedabad leads with the highest packages and reputation, but Gujarat University and MSU Baroda offer quality MBA programs in HR with much lower fees, making them great affordable options.

Hey there!

To apply for the MBA program at Dayalbagh Educational Institute (DEI) in Agra for the 2-25-26 academic session, you can follow the following steps below;

DEI offers both online and offline application modes:

Online Application:

  • Visit the offiical website: Navigate to www.dei.ac.in (//www.dei.ac.in)
  • Access the Admission portal : Click on the "apply online" link available on the homepage
  • Register and Fill the Application form: Create an account, fill in the required details, and upload necessary documents.
  • Pay the application Fee: The application fee is 1,200/- payable online through debit/credit card or net banking.
  • Submit the application : Review all information and submit the form. It's advisable to keep a copy of the submitted application for future reference,

Offline Application :

  • Obtain the application form: Collect the paper-based prospectus along with the application form from the DEI Institute counter.
  • Fill and Submit : Complete the form manually and submit it at the institute counter before the specified deadline.

Eligibility Criteria :

  • Educational Qualification: Bachelor's degree in any discipline with a minimum of 50% marks.
  • Entrance Exam: Valid score in CUET-PG or other accepted entrance examinations.

Documents required:

  • Class 10th and 12th marks sheets
  • Graduation mark sheet
  • Transfer and Character certificates
  • Passport- size photographs
  • Valid entrance exam scorecard.

Hi, first of all, take a deep breath—it’s completely normal to feel stressed in such situations, but there’s still a way forward.

If you missed the NMIMS CET exam because you couldn’t download the admit card, the first thing you should do is immediately contact the NMIMS admissions helpdesk . Explain your situation clearly—mention your application ID, registered email ID, and the exact issue you faced (like not receiving the admit card or not being able to access it on the portal). Sometimes, if it was a technical issue and you have a valid reason, they might allow you to reschedule the exam, especially if multiple test slots are available.

However, if all CET test windows have closed, you may not be able to appear this year. Still, don’t lose hope. NMIMS offers admissions through other routes like NPAT for UG management and commerce programs , or direct admission based on board scores for certain courses (depending on the stream you were aiming for—like BBA, BTech, etc.).

Also, look out for spot admissions or management quota seats , if your family is comfortable with that option financially. And if NMIMS is your top choice, remember—you can always aim again next year with better preparation and awareness of the timelines.

Lastly, don’t let one missed exam define your future. There are plenty of great colleges and entrance exams still open this year depending on your stream

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