Cheapest Online MBA in India: The scope for online MBA in India has seen rapid growth in recent years. Individuals who are working professionals and cannot attend full-time MBA, now have the facility to get top-quality MBA education without compromising with their work schedule.
These programs are designed to make MBA program available to a broader audience, especially for those struggling with financial and geographical limitations who cannot commit to full-time on-campus courses.
Even though they have low fees, these programs provide top-quality learning through practical curriculums, virtual classrooms, recorded lectures, and interactive sessions. Many of these MBAs are recognized by sources like the UGC and AICTE, making sure the degrees are valid for all sectors of the job market.
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Some of the best universities providing affordable online MBA program are IGNOU, Uttaranchal University, Parul University, Shivaji University, Mizoram University and many more. The approximate cost of an online MBA program in India typically ranges between ₹50,000 and ₹2,00,000 for the entire course depending on.
Why Choose Cheapest Online MBA in India?
One of the primary reasons to pursue an online MBA is the flexibility it provides to students. You can continue your career path or other side hustle without quitting while pursuing an online MBA.
Another major reason is accessibility. Since it is an online program, you do not need to relocate to any city or spend money and energy on traveling. You can gain an MBA education from the comfort of your home. Online MBA programs can be accessible even in remote areas, whereby people who face geographical barrier no longer have to suffer to gain education.
Lastly, the most important reason for pursuing an online MBA program is affordability. MBA programs are known to be quite expensive, whereby many individuals have to take up student loans to pay the large sum of fees. Online MBA courses help solve the problem of affordability by providing quite cheap admission fees, split into semester fees. Many of them give you the provision of not paying the entire sum at once.
The cost-effective nature of online MBA programs while continuing full-time work means you can earn an MBA degree at an affordable price while earning an income as well. Thus, being the best possible outcome at all ends.
Top 10 Affordable/Cheapest Online MBA Programs in India
Indira Gandhi National Open University (IGNOU) For Cheapest Online MBA in India
The Indira Gandhi National Open University (IGNOU) offers one of India’s most affordable and recognized MBA programs online, making quality education accessible to all sections of society. IGNOU’s MBA has been approved by the All India Council for Technical Education (AICTE) and recognized by the UGC, government of India, strengthening its credibility and academic value.
| Duration | 2 Years (4 semesters) |
| Fees | INR 15,500 for I, II, IV semester, and INR 17,500 for III semester |
| Academic Session | January & July |
| IGNOU Online MBA Admission Last Date | 15 March 2025 |
Symbiosis Centre for Distance Learning SCDL For Affordable Online MBA in India
Symbiosis Centre for Distance Learning (SCDL) is known for providing a well-rounded online MBA program which includes not just foundation basics but specialization electives as well, making it stand out from other online MBA programs. It is approved by AICTE in the Distance Education Bureau (DEB). The program ensures credibility and acceptance in both academic and corporate sectors.
| Duration | 2 Years (4 semesters) |
| Fees | INR 1,50,000 per year |
| Academic Session | January & July |
| Symbiosis Online MBA Admission Last Date | 18 March 2025 |
Uttaranchal University For Online MBA in India
Uttaranchal University is famous for its placement support, with a dedicated career cell that connects students to reputed companies. It also provides career guidance and skill development workshops, enhancing employability. The university is recognized by the University Grants Commission (UGC) and approved by the Distance Education Bureau (DEB) backing its credibility.
| Duration | 2 Years (4 semesters) |
| Fees | INR 92,000 |
| Academic Session | January & July |
| Uttaranchal University Online MBA Admission Last Date | 16 March 2025 |
Choose Parul University For Cheapest Online MBA in India
Parul University stands out for its modern e-learning platform featuring live lectures, recorded sessions, and interactive tools to support flexible and engaging learning experiences. The program is approved by UGC and it also has a placement cell, which facilitates job connections and organizes career fairs.
| Duration | 2 Years (4 semesters) |
| Fees | INR 90,000 |
| Academic Session | January & July |
| Parul Online MBA Admission Last Date | 15 March 2025 |
Shivaji University Online MBA in India at Affordable Price
What makes Shivaji University stand out is its practical curriculum combined with a user-friendly online learning platform, offering recorded lectures, digital resources, and online assessments. It is recognized by the University Grants Commission (UGC).
| Duration | 2 Years (4 semesters) |
| Fees | INR 1,27,000 |
| Academic Session | January & July |
| Shivaji University Online MBA Admission Last Date | 23 March 2025 |
MIT School Online MBA in India
The MIT School of Distance Education (MITSDE) is known for personalized mentorship where students receive one-on-one guidance from the faculty. MIT bridges the gap between online and on-campus education by introducing a blended learning approach with virtual classrooms, face-to-face sessions, and webinars.
MITSDE is affiliated with international bodies like the International Council for Open and Distance Education (ICDE).
| Duration | 27 Months (4 semesters) |
| Fees | INR 72,000 |
| Academic Session | January & July |
| MIT Online MBA Admission Last Date | 19 March 2025 |
GLA University For Cheapest Online MBA in India
GLA University is well-known for the most diverse range of courses to choose from for working professionals. The university has an extensive corporate network which helps connect its students with top employers despite being an online program. The National Assessment and Accreditation Council (NAAC) gave an A grade to the university.
| Duration | 2 Years (4 semesters) |
| Fees | INR 90,000 |
| Academic Session | January & July |
| GLA Online MBA Admission Last Date | 15 March 2025 |
KL University For Online MBA at Cheapest Price in India
KL University is officially called Koneru Lakshmaiah Education Foundation (KLEF), which has an alliance with international universities and organizations, providing students access to industry internships, and even cross-border collaborative projects. The National Assessment and Accreditation Council (NAAC), gave an A++ grade to KL University.
| Duration | 2 Years (4 semesters) |
| Fees | INR 65,500 |
| Academic Session | January & July |
| KL University Online MBA Admission Last Date | 15 March 2025 |
Choose Mysore University for Cheapest Online MBA in India
Mysore University is well-known for its rich academic heritage. The online MBA program is industry-focused, designed to apply practical knowledge to solve real-world problems. It has a prestigious ‘A’ grade accreditation from the National Assessment and Accreditation Council (NAAC), ensuring that its programs meet high educational standards.
| Duration | 2 Years (4 semesters) |
| Fees | INR 65,000 to INR 90,000 |
| Academic Session | January & July |
| Mysore University Online MBA Admission Last Date | 15 March 2025 |
Mizoram University Online MBA at Cheapest Fees in India
Mizoram University’s online MBA program stands out with its focus on regional development and sustainable business practices, offering a unique cultural perspective. It is credited with an ‘A’ grade by the National Assessment and Accreditation Council (NAAC).
| Duration | 2 Years (4 semesters) |
| Fees | INR 50,700 |
| Academic Session | January & July |
| Mizoram University Online MBA Admission Last Date | 15 March 2025 |
Key Features of Affordable Online MBA Programs
Here are some of the most beneficial features of affordable online MBA programs.
Flexible Learning Options:
The core advantage of such an MBA program is self-paced learning. Individuals with busy schedules can access the study material, and watch online recorded sessions at their convenience.
This promotes an individualized learning experience where you have a much deeper understanding of the concepts and academic ideas because of the control you have over the time you choose to devote to each area of topic based on your interest.
It also provides a work-life-study balance to you because you create your routine instead of being forced to function according to the university in the case of traditional MBA classrooms.
Accreditation and Recognition:
Accreditation and Recognition are very crucial factors when selecting an online MBA program. They decide the quality and relevance of your MBA degree in the job market. Accredited Universities reflect that they meet national and international standards of education. They also influence your package, salary, and increment at the workplace.
Accredited programs typically carry the endorsement of organizations such as the University Grants Commission (UGC) in India, AICTE (All India Council for Technical Education), or AACSB (Association to Advance Collegiate Schools of Business) internationally. Most of the Universities mentioned in this list are recognized and accredited.
Cheapest Online MBA in India: Specializations
It is important to select a specialization that is relevant to your career path and job profile while pursuing an online MBA.
Common specializations are
- Finance,
- Marketing,
- Human Resource Management,
- Retail Management,
- International Operations, etc.
These specializations under online MBA help students to dive deep into their chosen field rather than merely having surface-level knowledge. Many times students rush into MBA programs without paying attention to the specialization and halfway regret not choosing something more aligned with their existing job profile. Thus, it is important to do thorough research about your goal when choosing a specialization in an online MBA program.
Eligibility Criteria for Affordable Online MBA in India
The basic eligibility for an online MBA is a bachelor’s degree from a recognized university. Most programs require a minimum 50% aggregate percentage in your bachelor’s, it may be slightly less for reserved candidates (ST/SC/PwD).
Unlike traditional MBA which requires CAT, XAT, MAT, or University-specific tests, online MBA programs waive these requirements. They focus more on the credibility of your bachelor’s degree, so ensure you submit the correct and required documents as proof of your education.
Usually, online MBA programs have relaxed age restrictions since they are designed for working professionals and place importance on career advancement over traditional eligibility norms.
Cheapest Online MBA in India Fee Structure
The fee structure of online MBA programs are a fraction of traditional full-time MBA programs. Typically, online MBA programs in India follow a semester- based structure, splitting the course into four semesters over two years. Each semester focuses on specific modules and assessments, and the fees are generally divided accordingly, making it easier for students to manage payments.
The total fee for an online MBA program ranges between ₹50,000 and ₹2,00,000, depending on the university, specialization, and additional services like placement support or industry certifications.