Online MBA Admission: Eligibility, Selection Process, Fees, Top Colleges
Online MBA Admission
Online MBA is a popular management course amongst professionals who are working full-time jobs. The only difference between an online MBA and the traditional one is that you don’t have to visit the college to attend the classes. An Online MBA is in fact an extension of distance MBA. It is preferable for the professionals to attend an online MBA course which gives them the time and freedom to work and study together. Each candidate will be guided by a mentor all through the course. The costs of accommodation and relocation are saved for the candidates compared to candidates pursuing a regular MBA.
Through an online MBA you can learn all the necessary skills and develop the aptitude required to excel in the field of management. Pursuing an online MBA programme in specializations can help a student learn about strategic decision making, the core of business management and many more skills.
Online MBA Admission Process
Many MBA colleges have started offering online MBA courses for the students who are otherwise unable to attend classes due to any given reason. The common steps in the online MBA admission process are: -
Apply to the college based on your academic performance and work experience.
The college will contact you and may ask you to appear for an interview.
Further, you will be asked to submit the required documents and pay the online MBA admission fees before the final date to confirm the admission.
Online MBA Eligibility Criteria
The following shows the online MBA admission requirements in terms of online MBA eligibility criteria:
To pursue an online MBA, the basic educational criteria is graduation amongst other online MBA admission requirements. The minimum aggregate for this may vary from different institutes. This should be done in any discipline and from a recognized university. Candidates who are in their final year of graduation will be eligible to apply for an online MBA course. 50% marks should be secured by the candidates belonging to the General Category (UR) and 45% marks in aggregate should be secured by the candidates belonging to the Reserved Category (SC, ST) to be eligible.
As online MBA admission requirements, a few colleges also consider the scores of some entrance exams. Candidates must be aware of which colleges hold these so that they can prepare accordingly. The entrance exams range from Common Admission Test (CAT), Common Management Admission Test (CMAT), Xavier’s Aptitude Test (XAT), Symbiosis National Aptitude Test (SNAP), Management Aptitude Test (MAT) and many more.
There is no specific age bar for a person to apply for an online MBA.
Candidates who have previous work experience have an added advantage.
Candidates must ensure that they have qualified in the entrance exams required for the respected colleges they wish to seek online MBA admission to.
Popular Colleges in India offering MBA
How to Apply?
The candidates who wish to pursue an online MBA can check the online MBA application process here:
Management entrance examinations such as XAT, MCAT, CAT, SNAP and others should be applied for by the candidates through their official websites.
Candidates should prepare well for these examinations and appear for them.
Since many of these entrance examinations are conducted online, candidates must see that they have a secure and strong internet connection.
Candidates are expected to score higher or equivalent scores than the likely cutoff.
After this, candidates need to send their scores with their applications to the management colleges they wish to be a part of that offer online MBA.
Those who manage to secure admission and get a seat should proceed with the further necessities needed for the admission process.
Candidates are required to complete the documentation process and pay the required online MBA admission fees.
Browse Top MBA Colleges Accepting CAT Score: Location-Wise
Top Entrance Exams
While some colleges only consider a candidate’s graduation marks, others proceed with their online MBA admission process based on entrance examinations. Let’s look at the top ten MBA entrance examinations in India for online MBA admission: -
Name of the Exam
CAT or Common Aptitude Test is conducted once a year by IIMs on a rotational basis. It is one of the most popular MBA entrance exams.
The Symbiosis National Aptitude Test or SNAP is an entrance MBA exam held by Symbiosis University. Those who give the SNAP are eligible to seek admission in 16 Symbiosis Institutes which offer MBA/PGDM courses.
This national level MBA examination is conducted by IBS Hyderabad. It will be held in computer mode.
This entrance exam is conducted by Telangana State Council for Higher Education.
This examination is conducted for students to secure admission in the colleges of Maharashtra State.
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Online MBA Admission Fees
Online MBA admission fees play a significant role in deciding which college to opt for. When it comes to online MBA the course fee is significantly lower as compared to a regular MBA. You can expect to pay anywhere between Rs. 0.50 lakhs to Rs. 5.00 lakhs for pursuing a two-year online MBA from a recognized institute.
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Frequently Asked Question (FAQs) - Online MBA Admission: Eligibility, Selection Process, Fees, Top Colleges
Question: What is the full form of MBA?
The full form is Master of Business Administration. Online MBA is different from regular MBA in the sense that here the classes are held completely through online channels.
Question: What is the average salary offered for completing an online MBA course in India?
You can expect an average salary of between Rs. 5.00 to 6.00 lakhs after completing an online MBA.
Question: Does an online MBA graduate have a lot of career options?
Online MBA graduates can expect to work in some of the most popular job profiles like finance manager, business manager, sales and several others after completing the course.
Question: Which companies are top recruiters for online MBA graduates?
In India, the top recruiters for online MBA graduates are Swiggy, Flipkart, Zomato, Amazon, Reliance Jio and many more.
Question: Is online MBA easier than offline?
While the duration and study material are the same, online MBA is considered to be easier as students get to study and attend classes according to their convenience.