Top 10 College & University With Affordable Online MBA Programs in India

Business Administration courses remain the most sought-after degree by the youths in India. But here comes a breakthrough in the game, the traditional MBAs are increasingly being challenged by the online MBA programs.

This shift is being highly navigated by student’s individual learning preferences, technological advancements, and changing trends.

Online MBA programs have gained significant traction in the past few years. If you are the one among many looking for an online MBA course that best suits your career alignment and fits in with your budget we are here to help you out in choosing your best from the extensive information present online.

So here are the 10 most affordable Online MBA programs that help you excel in your career and don’t necessarily strain your wallet:

1. Indira Gandhi National Open University (IGNOU)

India’s largest open university widely recognized for its distance and online courses can be the best fit for you. Headquartered in New Delhi with several regional centers all over the country IGNOU offers one of the most chosen online MBA degrees.

IGNOU is run by the central government of India, and with a total active enrollment of over 4 million students, it is the largest university in the world. It was established in 1985 by an act of parliament, the Indira Gandhi National Open University Act, 1985 (IGNOU Act 1985).

IGNOU opened its Center for Online Education (COE) back in June 2019, where the online MBA program is provided.

Accreditations/ Recognitions

• UGC (University Grants Commission)
• NAAC ( National Assessment Accreditation Council)
• AICTE (All India Council for Technical Education)

Programs Offered

• General MBA
• MBA  in Banking & Finance
• MBA  in Human Resources Management
• MBA  in Financial Management
• MBA  in Operations Management
• MBA  in Marketing Management

Total Fees: Rs. 62,000 /- (₹ 15,500 per semester)

2. Symbiosis Centre for Distance Learning (SCDL)

SCDL, Pune is one of the most reputed open universities in India with a 21-year history of offering online education. Founded in the year 2001 SCDL provides a wide range of diploma and certificate programs in the field of business management.

SCDL being an independent institution does not offer an MBA program, but its two-year postgraduate diploma in management is considered as worthy as an MBA degree.

Accreditations/ Recognition

• UGC (University Grants Commission)
• UGC-DEB
• NAAC ( National Assessment Accreditation Council)
• AICTE (All India Council for Technical Education)

Programs Offered

• PGD in Business Administration
• PGD in International Business
• PGD in Retail Management
• PGD in Human Resource Management
• PGD in Export and Import Management
• PGD in Technical Writing in Business Management
• Corporate Post Graduate Diploma in Business Administration
• Project Management
• Post Graduate Certificate In Digital Marketing
• Event Management
• Strategic Management

Total Fees: Rs. 63,000 /-

3. Parul University

Parul University is a private university situated in Vadodara, Gujarat.  It is one of the most well-known universities in India. In a very short time, the university got an A++ accreditation from the NAAC and marked its place in the top 50 universities in India. 

It was formed under the Gujarat Private Universities Act Second Amendment of 2009, the University’s origins trace back to 1993, with the establishment of the Ahmedabad Homeopathic College.

The university provides a 100% online degree in business as well as other specializations.

Accreditations/ Recognitions

• UGC-DEB
• NAAC ( National Assessment Accreditation Council)

Programs Offered (MBA with Specialization in)

• Public Policy
• Retail Management
• Tourism & Event management
• Operation Management
• Forensic Accounting & Corporate Fraud Investigation
• Business Analytics
• Information technology
• Human Resource Management
• Finance Management
• Marketing Management

Total Fees: Rs. 90,000 /-

4. Uttaranchal University

Uttaranchal Institution, an academic cum research university situated in Dehradun offers an online degree for MBA with specializations in financial management, marketing management, business management, and human resource management.

The program offered at Uttaranchal University is 100% based on online modules which is equivalent to a full-time MBA regular MBA program.

Accreditations/ Recognitions

• UGC-DEB
• NAAC 
• PCI
• ISO
• AIU
• AICTE

Programs Offered (MBA with Specialization in)

• Financial Management
• Marketing Management
• Business Management
• Human Resource Management  

Total Fees: Rs. 82,000 /- Rs. 20500 /- per semester

5. Bharathidasan University

Bharathidasan University is another renowned university in India that provides an online degree in MBA. The university was established in 1982.  Under its Center for Online and Distance Programs which is situated in Tiruchirappalli, Tamil Nadu, the university provides courses via distance and online learning. 

Accreditations/ Recognitions

• UGC-DEB
• NAAC 
• PCI
• ISO
• AIU
• AICTE

Programs Offered (MBA with Specialization in)

• General MBA

Total Fees: Rs. 6,100 /- per semester.

6. MIT School of Distance Education (MITSDE)

MIT School of Distance Education (MITSDE) is the online and distance learning division of MIT, Pune which is a top-ranked university in India.

It provides online and distance learning degree, diploma, and certificate programs in business management covering a range of topics, including marketing, operations, information technology, human resources, finance, logistics and supply chain, insurance and risk, and retail. These programs are approved by the AICTE.

Accreditations/ Recognitions

• UGC-DEB
• ICDE
• MCCIA
• AICTE

Programs Offered

• MBA
• Executive MBA
• PGD in Management
• PG Certificate in Management
• Dual Degree

7. GJU Hisar

Online MBA from Guru Jambheshwar University, Hisar is another affordable program available for students looking to pursue an online MBA degree in India. GJU provides a two-year postgraduate degree focused on achieving excellence in business management.

The admission process for GJU is also completely online.

Accreditations/ Recognitions

• UGC-DEB
• NAAC
• NIRF
• NBA

Programs Offered

• General MBA

Total Fees: Rs. 60,000/-

8. Guru Nanak Dev University

Guru Nanak Dev University is a state university of Punjab located in Amritsar. Guru Nanak Dev University was established at Amritsar on November 24, 1969, to mark the 500th birth anniversary of Sri Guru Nanak Dev Ji. It is both a residential and an affiliating university.

GNDU is among the Top Ten “High Performing State Public Universities” across India by MHRD. Besides this also a well-known online learning institution.

Accreditations/ Recognitions

• UGC-DEB
• NAAC
• NIRF
• NBA

Programs Offered

• MBA in HR Management
• MBA in Marketing Management
• MBA in Financial Management

Total Fees: Rs. 72,000/-

9. ICFAI, Hyderabad

The ICFAI Business School in Hyderabad is another good option for an Online MBA degree. It was founded in 1995 and is located in Dontanapalli, Shankarpally Road, Hyderabad. IBS Hyderabad is a constituent of the ICFAI Foundation for Higher Education, a Deemed-to-be-University as per the UGC Act 1956.

Accreditations/ Recognitions

• UGC-DEB
• NAAC
• AICTE

Programs Offered

• MBA 

Total Fees: Rs. 45,000/- per semester

10. Manav Rachna Center of Distance and Online Education (MRCDOE)

MRCDOE is the center distance and online learning of Manav Rachna International Institute of Research and Studies Faridabad, Haryana which is a Deemed to be University under section 3 of the UGC Act 1956.

Online “Master of Business Administration (MBA)” degree in India at “Manav Rachna Centre for Distance and Online Education” provides a multidisciplinary approach for the students to shape their career inside and outside their domain of education and to meet the evolving needs of society.

Accreditations/ Recognitions

• UGC-DEB

Programs Offered

• MBA in Digital Marketing and E-commerce
• MBA in Business Intelligence and Analytics
• MBA in Healthcare Management
• MBA in Management Information Systems
• MBA in Entrepreneurship and Small Business Management
• MBA in Digital Marketing and E-commerce
• MBA in Business Intelligence and Analytics
• MBA in Healthcare Management
• MBA in Management Information Systems
• MBA in Entrepreneurship and Small Business Management
• MBA in Aviation Management
• MBA in Logistics and Supply Chain Manag
• MBA in Marketing
• MIRA in Human Resources and Organization Behaviour
• MBA in Banking and Insurance Management
• MBA in Operations Management
• MBA in Finance
• MBA in Waste Management
• MBA in Media Management
• MBA in Logistics and Supply Chain

Total Fees: Rs 1,20,000/-

How does College Vidya help you make the right decision?

College Viday is a leading Online education advisory platform that provides one-stop solutions from selecting universities providing online degrees to comparing among the best to choose your best placement support.

College Vidya suggests online universities to students based on their selected courses and personalizations, from the suggested universities students can compare them with multiple areas like fees, placement support, student reviews, etc.

There are also multiple features like free counseling, a CV community, post-admission services, a job/internship portal, and subsidies to promote and spread online education to the masses.

The College Vidya Community serves as a global networking platform for students, job seekers, career growth enthusiasts, and working professionals to transform their journey through Online Education.

Conclusion

Ultimately, an online MBA is a worthwhile endeavor to invest in. As the digital era advances and the global market evolves, online MBA programs will undoubtedly play an even more critical role in shaping the future of business education and training a new generation of business acumen.