Fees
Leading institutions like IIMs, XLRI, SPJIMR and ICFAI offer AICTE or globally accepted online MBA courses with high-quality education. The online MBA course fees depend on the university and program's reputation. Leading institutions like IIMs and XLRI charge ₹20.00 - 13.00 Lakhs whereas other well-known universities like Amity, Manipal and ICFAI charge ₹1.5-3.00 Lakhs for online MBAs. More affordable institutions like IGNOU and Symbiosis have fees between ₹0.30 Lakhs to ₹0.65 Lakhs making quality education affordable to a wider section of society.
Choosing an online MBA from a highly ranked university offers greater career opportunities, career advancement and salary increase making it a good investment for students as well as working professionals.
Factors Affecting Online MBA Program Fees
The online MBA fees in India vary based on factors such as the reputation of the university, program duration, specialisation and accreditation.
University Reputation: Reputed institutions such as IIMs, XLRI and SPJIMR are more expensive due to their name value, experienced faculty and industry connections. Lower-ranked institutions provide cheaper online MBA programs.
Program Duration: A one-year online MBA in India is generally more costly on an annual basis than a two-year program since it is for working professionals who need rapid career growth. Long-duration programs have lower annual fees but require a longer time to complete the program.
Specialisations: Certain specialisations such as Finance, Business Analytics and IT & FinTech can be more expensive because of the demand for such skills and the application of advanced tools and technologies. General MBA or HR specialisations are less expensive.
Accreditation: Top-quality accreditations such as AACSB, AMBA or EQUIS demand higher fees because these accreditations signify global acceptance and quality of education. Employers prefer accredited institution's degrees more which means better career prospects.
All these points guide students in choosing the top online MBA program that suits their budget, career aspirations and study style.
Best Online MBA Programs In India Along With Their Fees
India offers a wide range of online MBA courses from renowned universities at varying costs, offering quality education at affordable prices. Leading universities like IIM Ahmedabad offer an online MBA for ₹20.00 Lakhs for 2 years while XLRI - Xavier School of Management offers PGD courses in Business Management, Finance and HRM for ₹13.00 Lakhs.
More affordable options are Symbiosis Centre for Distance Learning with PGDBA at ₹0.65 Lakhs and IGNOU offering an MBA for a low fee of ₹0.33 Lakhs. Other universities like Amity University, NMIMS, D.Y. Patil University and Manipal University offer competitive courses at varying costs making online MBA education available to everyone. The list of the best online MBA courses in India along with their fees and duration is given below:
Best Online MBA Program For Working Professionals
Working professionals interested in advancing their careers can make the most out of flexible and customised online MBA programs at leading institutes. These programs are designed to fit around the busy work schedules but still provide the student with the capabilities to be an excellent business manager and leader.
Some of the best options are IGNOU's Executive MBA (₹2.12 Lakhs), IIM Shillong's PGP WE (₹12.20 Lakhs) and IIM Udaipur's EMBA (₹14.20 Lakhs). The courses can normally be competed between 1.5 to 4 years. These MBA programs offer good opportunities for professionals to improve their skills and advance their careers without affecting their work life.
| College Name | Course Name & Duration | Eligibility | Fees |
| IGNOU | Executive MBA 1.4 - 4 Years | Min 50% marks in graduation (45% for reserved category) + 2 years of work experience. | ₹2.12 Lakhs |
| IIM Shillong | PGP WE 2 years | Min 50% marks in graduation (45% marks for SC/ST) + 3 years of work experience is needed. | ₹12.20 Lakhs |
| IIM Udaipur | EMBA 2 years | 50% marks in bachelors degree + Three years of work experience and at least 25 years | ₹14.20 Lakhs |
| IIM Raipur | Executive Master of Business Administration (eMBA) 2 years | Three years of managerial/ entrepreneurial/ professional post-qualification as of 30th September 2024. At least 50% on a bachelor's degree or equivalent. | ₹14.95 Lakhs |
| NMIMS | MBA Working Executive (MBA WX) 2 years | Bachelor’s degree (10+2+3) with 55% marks (50% for reserved category) + 3 years of work experience. | ₹4.00 Lakhs |
| D.Y Patil (Deemed-to-be) University | Working Professionals MBA (WP MBA) 2 years | A bachelor’s degree from a recognised university + At least three years of work experience is needed. | ₹1.50 Lakhs |
| S.P Jain | EMBA 18 months (Can be completed in five years) | Graduation from a recognized university + At least three years of work experience is needed. | ₹15.36 Lakhs |
| Bharati Vidya Peeth University | EMBA 2 years | Bachelor’s degree (10+2+3) + Min. three-years of work experience | ₹1.60 Lakhs |
IIMs Providing Online Executive MBA Program
Top IIMs offer executive MBA online programs of 1-2 years duration. IIM Ahmedabad offers a 2-year MBA for ₹20.00 Lakhs and IIM Kozhikode offers an Executive Program for ₹15.50 Lakhs. The remaining IIMs i.e Shillong, Udaipur and Raipur range from ₹12.20 Lakhs to ₹14.95 lakhs. IIM Rohtak offers a 1-year PGPx for ₹7.43 lakhs. They offer excellent career development opportunities.
Low-cost Online MBA Colleges In India
Indian universities offer affordable courses without sacrificing quality education. Universities like IGNOU, IIBMS, Jain University, LPU (Distance Education) and MIT School of Distance Education offer low-cost online MBA with prices ranging from ₹0.33 Lakhs to ₹0.90 Lakhs.
These courses are designed for students and working professionals who want to enhance their skills and careers without paying high fees. With flexible course duration and specialisations these low-cost MBAs are for anyone. The list of low-cost online MBA programs are given below:
FAQ for Fees
The cost of an online MBA in India varies widely ranging from ₹0.30 Lakhs (IGNOU) to ₹13.00 Lakhs (IIMs & XLRI) depending on the university, accreditation and course structure.
The fees are based on the ranking of the university, program duration, specialisations and accreditation (AACSB, AMBA, EQUIS). International quality and recognition cost more for top-end institutions.
Some universities also charge additional fees for study material, exams, certification or optional workshops. Carefully go through the fee structure before applying.
Yes most universities do provide EMI or installment payment options for the program to make it affordable.
Some universities also provide scholarships or financial aid on merit, work experience or need-based. Check with the respective institution before applying.
