Top Online MBA Colleges in Mumbai 2026: Top 10 With Low Fees, Placements, Ranking & Best Programs

top 10 online mba colleges in mumbai
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Top Online MBA Colleges in Mumbai 2026: Mumbai is a financial capital city of India and is also famous as the New York City of India. It is situated on the Western Ghats, and many young professionals came to this city to build their careers in the management sector. For that, there are multiple universities situated that offer an MBA course in an online mode of learning with flexible learning hours.

Nowadays, there are various international universities also establishing their campuses in this city. Therefore, it is going to be the best opportunity for the fresh graduates or working professionals to build their careers in commerce or management fields. These universities provide an online mba course for a duration of 2 to 4 years.

It is the home of some of the best MBA colleges in India. University of Mumbai, S.P. Jain University, Xavier, WE school, NMIMS, and Symbiosis University are some of the names that offer online MBA courses in online education. These universities are UGC-DEB and AICTE approved for this course and recognised with an ‘A++’ grade as well. They provide quality education through online platforms.

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Candidates who are from the commerce, mathematics or management fields can take admission into this course. To take admission in the famous universities, candidates should have a graduation degree with 50% marks from a recognised university. The admission process in some colleges has also begun for this programme. Interested candidates should visit the online portal of these universities to know more.

Why Choose Online MBA Colleges in Mumbai?

Online MBA program in Mumbai has several benefits that are provided by the universities and their faculty members. This course will be a great option for working professionals because it comes with the following advantages:

  • During the Online MBA course, you will get a chance to interact with different peering groups that will increase your communication skills.
  • Universities provide high-quality study material that is designed by expert faculty members.
  • Interactive class sessions and mock papers will be provided by the universities before the examination.
  • Some Universities provide placement assistance as well to their online students.
  • Universities offer this programme in a reasonable fee structure with different facilities.

Online and Distance MBA Course Mumbai Overview

Online/Distance MBA, or MBA in Online/ ODL mode, is offered remotely, allowing students to earn their MBA degree without being physically present on campus. In an online MBA program, coursework, lectures, and interactions with instructors and classmates typically occur online for a 2 year postgraduate degree that is UGC approved. The online MBA is a unique blend of educational approach and dynamic technological advancement.

Top 10 Online MBA Colleges in Mumbai 2026

There are 30+ colleges, business schools, and universities options available for working professionals of Mumbai, Maharashtra when it comes to online MBA courses. Choosing the ideal one is confusing and a time-consuming task. Below we have enlisted the best 10 colleges in Mumbai for Online/Distance MBA along with their fees, placement, etc. Students can go through them and choose the one that suits them.

1. NMIMS (Narsee Monjee Institute of Management Studies):

NMIMS Online is one of the best online MBA colleges in India and it’s online MBA ranked first place in the country. It is a business school provides management programs for working professionals who can study higher with several specialiations. Students can actively participate in the various online learning methods such as real-time lectures, academic classes and so on. The specializations available with NMIMS Online MBA are: 

Narsee Monjee MBA Specializations Annual Fees
NMIMS Online MBA Marketing INR 1,05,000
INR 1,05,000
INR 1,05,000
NMIMS Online MBA HR INR 1,05,000
INR 1,05,000
NMIMS Online MBA WX INR 2,00,000

NMIMS Online MBA Course Details

Course Fees INR 2,10,000
Working Professional MBA Fees INR 4,00,000
Course Duration 2 years ( 24 months)
Eligibility UG degree with 50% Marks (Min 3 years exp for WX MBA)
Admission Update 27 February 2026

2. Symbiosis (SSODL) Online

Symbiosis University was established in 2001, It provides tier range management programs with a wide range of specializations in business-related profiles, including corporate, law, financial services & finances, management of supply chains, etc. It offers Online MBA with online study facilities, including online interactive sessions conducted by experienced faculty, pre-recorded video lectures, etc.

To get admitted to this top-B school, candidates must have a bachelor’s degree from any recognized university with a minimum of 50% marks. SSODL offers online MBA in 10 most demanding specializations mentioned below:

Symbiosis Online MBA Course Details

Fees INR 3,15,000
Duration 2 years
Eligibility UG degree with 50%
Admission 2026 Update 27 February 2026

3. S.P. Jain of Institute of Management and Research

It offers an online PGDM program with ELO delively mode (Online). This institute will help you get a good job, and other factors include the fact that students will get exposure to a new, immersed way of industry interaction. This program focuses on stepping into elite leadership positions in a business-like environment, with various specializations such as finance and markets, advances in the supply chain, organizational and leadership, strategy, marketing, and information and analytics.

SP Jain Online MBA Course Details

Course Duration 18 Months
Fees INR 15,36,000
Eligibility UG degree with experience
Admission Updates 27 February 2026

4. Dr DY Patil University

DY Patil University provide top-notch education and specializations in various fields. This is the best college who offers online MBA degree. It is one of the most demanding colleges blended with contemporary and traditional teaching methods, providing the necessary skills to students to cater for the market demands. DY Patil University offers Online MBA under 11 specializations which are:

Offered Specializations

  • MBA in Sales and Marketing
  • MBA in Human Resource Management
  • MBA in Hospital and Healthcare Management
  • MBA in Finance
  • MBA in Retail Management
  • MBA in Logistics and Supply Chain Management
  • MBA in International Business 
  • MBA in Entrepreneurship Management
  • MBA in Event Management
  • MBA in Digital Marketing
  • MBA in Data Science and Business Analytics

DY Patil Online MBA Course Details

Duration 2 Years (4 semesters)
Eligibility UG in any stream with min 50%
Fees INR 1,70,000 to INR 1,89,400 (depending on specializations)
Admission Updates 2026 27 February 2026

5. IGNOU Mumbai Regional Center

IGNOU is a central university and a renowned name in the education sector, and it provides a plethora of courses that help students take their careers forward in the field of pursuing an Online MBA. IGNOU online MBA specializes in marketing management, banking finance, operation management, HRM, and so on. IGNOU Admission process is ongoing for the January 2026 academic session and registrations are going to close soon.

IGNOU Online MBA Course Details

Duration Min – 2 Years & Max – 4 Years
Fees INR 66,000 + Rs 300 (registration)
Eligibility Any UG degree
Admission Update 27 February 2026

6. Xavier Institute of Business Management Studies (XIBMS)

This institute offers a wide range of specializations and approvals. Established in 2009, this university is a renowned name that provides numerous specializations in human resource management, operations management, finance management, and marketing management.

XIBM Online MBA Course Details

Fees INR 16,90,000
Duration 2 years
Eligibility UG degree with 50%
Admission 2026 Update 28 February 2026

7. Welingkar Institute of Management Development and Research (We school)

This private institution established in 1977 offers a PGDM in various specializations such as Marketing Management, E-commerce Management, Operations Management and so on. This institute provides various advanced distance learning management via online classes and pre-recorded lectures.

Welingkar Online MBA Course Details

Course Fees Without OCL INR 1,26,000
Course Fees With OCL INR 1,29,200
Duration 2 years
Eligibility Graduation in any stream
Admission 2026 Update 27 February 2026

8. Amity Online

Amity university Mumbai campus grooms students to take their careers established in 2014. UGC approves this institution and provides innovative online learning methods. Students can opt Amity Online MBA for various specializations like digital marketing, digital entrepreneurship, HR analytics and international finance. Provides accessible education to every student.

Amity Online MBA Course Details

Fees INR 1,99,000 to INR 2,99,000
Duration 2 years
Eligibility Any UG degree with 40% marks or entrance exam
Admission 2026 Update 28 February 2026

9. ICFAI Mumbai Online

The ICFAI Foundation (Mumbai Campus) offers a 2-year online master of Business Administration degree to working professionals, freshers, and Entrepreneurs. ICFAI Online MBA course is designed to provide the skills and knowledge one needs for the future of business world. Anyone having a bachelor’s degree with a 50% from a valid university is eligible for admission to this course. The course has 5 electives such as Business Analytics, IT, Business Environment, etc.

ICFAI Online MBA Course Details

Fees INR 3,15,000
Duration 2 years
Eligibility UG degree with 50%
Admission 2026 Update 27 February 2026

10. Sharda University

The Sharda university’s campus is in Greater Noida, Uttar Pradesh. The university is recognised by UGC-DEB, NAAC A+, NIRF, etc. The Sharda Online MBA (Master’s in Business Administration) courses in multiple fields such as Banking and Finance, Financial Management, and Human Resource Management. The duration of the Online MBA course is 2 years. Candidates should have a bachelor’s degree with 50% marks from a recognised university.

Sharda Online MBA Course Details

Fees INR 1,40,000 to 1,96,000
Duration 2 years
Eligibility Any bachelors degree in any stream
Admission 2026 Update 27 February 2026

Top 10 Online MBA Colleges in Mumbai with Fees

S No College Name Fees
1 NMIMS Online
INR 2,10,000 & INR 4,00,000
2 Symbiosis Online INR 3,15,000
3 S.P. Jain INR 15,36,000
4 DY Patil Online
INR 1,70,000 to INR 1,89,400
5 IGNOU INR 64,000
6 Xavier INR 60,900
7 Welingkar Online INR 1,26,000
8 Amity Online INR 1,99,000
9 ICFAI Mumbai Online INR 2,00,000
10 Sharda University INR 1,00,000

Chepest Online MBA Colleges in Mumbai

  1. IGNOU Mumbai Regional Center
  2. Prin L N Welingkar Institute of Management Development and Research (We School)
  3. Shivaji University
  4. Bharati Vidyapeeth University
  5. Symbiosis
  6. IFCAI University
  7. XIBM

List of Online/Distance Colleges in Mumbai, Maharashtra

Distance MBA Colleges Online MBA Colleges
Mahatma Gandhi Antarrashtriya Hindi Vishwa Vidyalaya DY Patil Navi Mumbai
Yashwantrao Chavan Maharashtra Open University (YCMOU) DY Patil Pune
Savitribai Phule Pune University (SPPU) – Category 1 Symbiosis International
Bharati Vidyapeeth – Category 1 Bharati Vidya Peeth
Shivaji University Kolhapur – Category 1 Datta Maghe
Datta Meghe Institute of Higher Education & Research – Category 1 Narsee Monjee (NMIMS)
IGNOU Mumbai RC – Category 1 Shivaji University
Welingkar Savitri Bai Phule Pune University
Xavier Institute of Management (XIMB) IGNOU Mumbai RC
ICFAI Business School (IBS) SP Jain
IIFT Mumbai Campus
Amity Online Mumbai Campus

Also Read: Bharati Vidhyapeeth Online MBA

More Universities Available for Online MBA Admission for Mumbai Students

  • Amity University
  • Chandigarh University
  • Bits Pilani
  • Manipal University
  • GLA University
  • Shoolin University
  • LPU
  • USES
  • Jain University

FAQs Related to Best Online MBA Colleges in Mumbai

Question: Which is the best online MBA college in Mumbai?

Answer: Narsee Monjee Institute of Management Studies (NMIMS) is the best Online MBA college in Mumbai.

Question: Is Mumbai a good place to pursue an Online MBA?

Answer: Yes, Mumbai is India’s financial hub, home of major corporations like ICICI Bank and Reliance, and more. The demand for the Online MBA course is high among working professionals here.

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