Online MBA 2022 -23: Courses, Eligibility, Fees, Subjects, Exams, Top Colleges, Scope, Career
What is an Online MBA?
Online MBA is increasingly becoming a popular mode of getting a master's degree in business management, especially among those who are working. Online MBA courses are specifically advantageous for those who are interested in getting a degree without hampering their work. Students can study online MBA and work at the same time. While pursuing MBA, students will get assistance and advice from their mentors. Online MBA courses in India help students develop the necessary skills and knowledge to pursue a career in the business sector.
Also Read: List Of Top Online MBA Colleges in India
Online MBA programs are a recent phenomenon in the higher education system, owing to there being only a handful of top colleges for online MBA in India at present. In the table given below, we have mentioned some of the top online MBA universities and colleges in India.
Top Colleges offering Online MBA
What is the Online MBA Full Form?
Online MBA stands for online master's degree in business administration. An online MBA is quite similar to a distance MBA. In Distance MBA, classes are not regularly provided. They are usually arranged on weekends. But, in the case of an MBA degree online, classes are provided to students through online mode at their convenience. Online MBA programs focus on developing the necessary skills and knowledge for careers in the business sector. While doing an online MBA course, candidates can learn more about the core aspect of business management, big picture thinking and strategic decision making.
Highlights of the Online MBA in India
10+2+3 or 10+2+4
Semester Wise/ Year Wise
Rs. 50,000 to Rs. 500,000
Average Annual Salary
Rs. 500,000 to Rs. 600,000
Online MBA Fee Structure
The online MBA fee structure may vary depending on the institution where this master's degree is conducted. The fee of an online MBA may also include various other charges. Online MBA fee ranges from Rs. 50,000 to Rs. 500,000 for the entire course. It may also include various charges for the facilities that the colleges provide.
Why Choose Online MBA Course?
Apart from honing skills and providing credentials to secure a great career opportunity, online MBA courses can also provide many other benefits. Most of the online MBA programs in India offer the same curriculum and faculty members as those offered on-campus. Critics of online formats say that they lose their face-to-face contact with students. Most of the online MBA programs run by reputable universities offer events and projects that help bridge this gap.
Most online MBA courses in India require a minimum of 14-18 months to complete. Students can take advantage of the flexible study schedule and the ability to interact with classmates and professors anywhere in the world. Another benefit of online MBA courses is that they allow learners with limited time to complete their studies to do so.
Online MBA Eligibility Criteria
The basic Online MBA eligibility is graduation. The minimum aggregate may vary for different colleges.
There are some colleges also consider the scores of a few Online MBA entrance exams such as the Xavier Aptitude Test (XAT), Common Admission Test (CAT), Management Aptitude Test (MAT), Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP) and other management entrance examinations. Candidates must meet the following Online MBA eligibility criteria:
Candidates should have done their graduation in any discipline from a recognized university.
Those who are pursuing their final year of graduation are also eligible to apply for Online MBA courses.
Candidates belonging to the General category (UR) should have secured at least 50 per cent marks.
Those who belong to the reserved category (SC/ ST) should have secured 45 per cent marks in aggregate.
If someone has relevant work experience add an advantage to it.
There is no age bar to applying for Online MBA programs
If any university or institute conducts an entrance test for an Online MBA program, then candidates need to qualify for the same.
Skills Required for Online MBA Courses in India
Candidates wishing to enrol in the best Online MBA courses in India must possess unique skill sets to enhance their learning experience and upgrade their knowledge. We have listed below the major skills acquired by Online MBA students during their academic year.
Eye for Detail
Online MBA Application Process
Some Universities/Institutes may offer admission to their Online MBA programs on the basis of merit.
Some universities/institutes may also have their own entrance exams. Students may enrol at their own expense though some of these may direct them to the exams. Aspiring individuals who want to enrol in an Online MBA degree may check the application process below.
Candidates are required to apply for appearing in Online MBA entrance examinations such as CAT, XAT, MAT, ATMA or SNAP on their official websites.
They are required to prepare well and appear in the Online MBA entrance examinations.
Most Online MBA examinations are conducted online. Students must ensure their internet connectivity is strong and protected.
Candidates must acquire scores equivalent to or higher than the expected cut-off.
They are required to send applications with their scores to management colleges offering Online MBA courses.
Those who get seats offered in the college are required to further complete the admission process.
They are required to pay the fee and complete the documentation process.
- Top Business Schools for Online MBA Programs in India
- 7 Best Online MBA Specializations with Eligibility, Fees, and Admission Process
Online MBA Entrance Examinations
Many Online MBA schools only consider the graduation marks and not the entrance exam score when it comes to Online MBA admission. Most Online MBA courses are admitted on the basis of the following exams. Although it is not mandatory to take the admission test on the basis of the entrance score, some schools only consider the graduation marks.
Common Admission Test (CAT) - Common Admission Test CAT is the biggest management entrance exam in India. It is conducted on a rotational basis by IIMs. There are many B-schools that consider CAT scorecards while offering admission into an Online MBA.
Xavier Aptitude Test (XAT) - Xavier Aptitude Test which is commonly known as XAT is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to management programmes. Those who want to pursue an Online MBA can appear for XAT and can take admission on the basis of the XAT scorecard.
Management Aptitude Test (MAT) - All India Management Association (AIMA) conducts Management Aptitude Test (MAT) four times a year. It is a national-level entrance exam conducted in the month of February, May, September and December. So, taking the MAT is the best option before taking admitted to an Online MBA.
Symbiosis National Aptitude Test (SNAP) - It is a national-level entrance exam conducted by Symbiosis International University (Deemed University) for admission into its offering management programmes. After taking SNAP entrance tests candidates can apply to those colleges that offer Online MBA.
Common Management Admission Test (CMAT) - National Testing Agency (NTA) conducts CMAT annually to offer admission to management programmes. CMAT is an online (computer-based) entrance exam and its scorecard is valid for admission to an Online MBA.
Top Online MBA Colleges Accepting Entrance Examinations
We have provided below a list of popular Online MBA colleges that accept management entrance examination scores to provide admissions in Online MBA courses running by them.
Browse Top MBA Colleges Accepting CAT Score: Location-Wise
Popular Colleges in India offering MBA
Online MBA Syllabus
The Online MBA courses are just like regular MBA programs, which is a two-year degree program divided into four semesters. Check the semester-wise MBA subjects below.
Organization Effectiveness and Change
Economic Environment of Business
Human Resource Management
Information Technology Management
Management of Information System
Legal Environment of Business
Business Ethics & Corporate Social Responsibility
International Business Environment
Online MBA Specialisations
Not all B-schools offer Online MBA specialisations, some of them also offer different types of Online MBA. There are a variety of Online MBA specialisations that one can choose from. If one is looking for Online MBA specialisations, then there is a list of as many as more than 80 Online MBA specialisations one can opt for after the completion of courses that match their career goals. Online MBA colleges offer various online MBA courses such as PGP, MBA, Distance MBA, Executive MBA and PGDM with specialisation in the following domains.
Human Resource Management: The primary responsibilities of HRM includes: organisation and utilisation of workforce, job analysis and staffing, implementation of reward systems for employees, measurement of workforce performance and maintenance of workforce.
Financial management: Their main objective is to review financial reports, prepare financial forecasts and monitor accounts.
Advertising & Brand Management: Brand managers are concerned with improving product sales and market share. They monitor and oversee advertising and marketing trends.
Marketing Management: Their main responsibility is analyzing and tracking the performance of campaigns and managing the marketing budget.
Supply Chain Management: This deals with the management of the company's overall supply chain and overseeing them.
What after an Online MBA?
Most Online MBA schools use their own learning management systems (LMS) to deliver the Online MBA course and offer different types of Online MBA specializations. Some use third parties while others develop on their own. Although both offline and online MBA courses have the same syllabus, the mode of delivery is different. Online MBA features a variety of virtual classrooms and live lectures that are delivered over the weekend.
The rise of online education has been the result of the outbreak of the COVID-19 pandemic. The prevalence of smartphones and the increasing number of people wanting to learn has led to the rise of online education. While staying home-bound students can still pursue an MBA degree in online mode. Online MBA is very different from other professional courses. The best Online MBA programs in India have gained popularity due to their non-invasive nature. Unlike other professional courses, an Online MBA doesn't require practical experiments.
Resource Links for Online MBA
Careers Opportunities after Online MBA Courses
Graduates of an online MBA program have an opportunity to pursue different career paths. There are a few common employment options of online MBA courses. Finance, marketing, operations, accounting and management are the most sought career opportunities after completion of the Online MBA courses in India. Some popular Online MBA job roles are as follows:
Manager: A manager is a senior-level role. A manager is usually responsible for managing a department or overseeing various operations. This role reports to the Chief Executive Officer. A manager is responsible for the day-to-day operations of the department. He or she coordinates the work of the staff and supervises them.
Sales Manager: A sales manager heads the sales department. He or she is responsible for guiding the sales personnel, assigning them monthly targets and supervising their performance. He or she may provide them training to upgrade their skills to improve sales performance and pitch to potential customers and convince them to buy the product or service.
Marketing Manager: A marketing manager heads the marketing department. He or she 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 lure customers such as limited period discounts or special offers to make them buy products or services.
Brand Manager: A brand manager is responsible for building brand value and changing public perceptions for a brand. A brand manager works aligning with the organisation’s goals and ensures maximum profit by improving the general perception of people towards the company and its products and services.
Online MBA Top recruiters
There are numerous companies that provide employment opportunities to Online MBA graduates. We have listed below the top online MBA recruiters.
Online MBA Salary
The salary offered to Online MBA graduates may vary depending on their skills, knowledge, specialisation, experience and employment organisation. We have provided below the salary details for major Online MBA job profiles.
Rs. 12,00,000 (Glassdoor data)
Rs. 492583 (payscale.com data)
Rs. 683043 (payscale.com data)
Rs. 925106 (payscale.com data)
- UGC Approved Online MBA Universities/Colleges in India for Working Professionals
- 7 Reasons to Pursue an Online MBA Degree
Online MBA Employment Areas
Online MBA graduates are not limited to one sector. They find employment opportunities in numerous industries. Online MBA courses in India are also becoming more popular among working professionals as they don't need to relocate or give up their job to pursue this master's degree in business management. Another reason why working professionals prefer to pursue online MBA courses is that an Online MBA is very economical and does not require the use of infrastructure.
Concerning the public sector, there are ample opportunities for Online MBA graduates in diverse fields mentioned below:
- Operations & Project Management
- Computer System
- Global Management
- International Business
- Human Resource
The private sector is rapidly growing with flourishing opportunities. Online MBA graduates in India can think of a stable career with the ability to adapt and evolve with technological advancements. The employment areas where Online MBA graduates can grow are as follows:
- Stock Trading
- Real Estate
- Fashion Industry
- Hospitality Industry
Online MBA Specialisations
Frequently Asked Question (FAQs) - Online MBA 2022 -23: Courses, Eligibility, Fees, Subjects, Exams, Top Colleges, Scope, Career
Question: What is the minimum education qualification required for an Online MBA in India?
The minimum Online MBA educational qualification is successful completion of 10+2+3 or 10+2+4 level degree.
Question: What is the Online MBA course duration?
The Online MBA course duration is two years.
Question: What are various career options available for Online MBA graduates?
Question: What are the top online MBA recruiters?
The top Online MBA recruiters are listed below:
Taj Group of Hotels
Question: What is the average offered salary to online MBA graduates?
The average offered salary to an online MBA graduate is Rs. 500,000 to Rs. 600,000 per annum.
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