Online MBA Course: Online MBA or commonly known as Master of Business Administration abbreviated in the students’ community is now accessible at various private, state, and other universities in an online mode. The management, and professional degree program in an online mode continues to train students in a perfect manner to satisfy the needs of the modern business world.
The two-year master’s degree program in online MBA courses includes various core, and elective lists of subjects that are taught in total over four semesters. The learner’s leadership abilities are emphasized along with the development of marketing, teamwork, accounting, and statistical skills in the course curriculum.
Some of the universities that students can opt for when it comes to an online MBA program are Indira Gandhi National Open University (IGNOU), Manipal, Amity, and so on. The complete list and description of an online MBA university can be seen in the article ahead.
This online MBA-oriented article is going to cover every essential point needed to understand to comfortably get admission.
Online MBA Specializations:
The specific degree offered in the MBA proposes in-depth knowledge of the chosen discipline. It aids those categories of students who want to make a career in the subject-specific field of business administration. The details on the online MBA specializations can be learned in the following parts.
Online MBA program is available at respected online universities, and institutions in numerous specializations such as
- Marketing Management
- Human Resource Management
- Finance Management
- Operations Management
Online MBA Marketing Management:
Online MBA Marketing Management program offers a comprehensive curriculum covering Finance, Operations, Organizational Behavior, and Strategy Management. Graduates of this two-year degree can pursue careers in product management, leadership, market research, sales, and related fields. Marketing Management professionals can expect salary packages ranging from INR 5.9 LPA to INR 13.4 LPA.
Aspiring students can apply for the Online MBA Marketing Management program at universities like DY Patil and others. The program fees typically range from INR 79,000 to INR 2,26,000.
Online MBA HRM:
Online MBA HRM admission process at many universities is open for the 2024 academic session. The course has a respectable online following because it gives every student the chance to understand the abilities needed to lead and manage human resources. It also does not lower the standard of education at any stage.
Online MBA program degree holders can get an opportunity to work as HR generalists, HR executives, HR managers, employee relations managers, and so on. The starting package of HRM professionals can be found from INR 6.3 LPA to INR 12.8 LPA.
The human resource management degree program of an MBA in the online mode can be applied at Lovely Professional University and Manipal University. There are differences in the HRM program’s online program fees ranging from INR 85,000 to INR 2,87,560.
Online MBA Finance
Online MBA Finance courses are offered by various colleges and universities such as Amity University, Symbiosis, IGNOU, IIM Ahmedabad, IIM Kozhikode, etc. students who are interested in learning about financial concepts such as portfolio management, security analysis, value maximation, and capital investment evaluation can enroll in this online degree.
Students obtaining 50% marks in a bachelor’s degree from a recognized university can apply for online MBA Finance courses. Some universities consider marks secured in the entrance examination for providing admission such as CMAT, SNAP, CAT, etc. The average fee charged for this course varies from INR 40,000 to INR 3.50 lacs.
Online MBA International Business
Online MBA or Master of Business Administration in International Business are available at various universities/colleges in India. Foreign Exchange Management, International Finance, International Logistics, Brand Management, Export-Import, Compliance, & more are the topics included in the Online MBA IB course. The average fee for an Online MBA in International Business course is Rs 35,000 to Rs 55,000. Top Online MBA IB colleges in India like DY Patil Online University, LPU Online & more.
Online MBA Marketing
Online MBA Marketing is a popular choice among students after completing graduation, the course provides knowledge about crucial skills on topics like promotion, leadership skills, sales, and other management aspects. MBA Marketing courses in online learning mode are approved by UGC DEB.
Students must have obtained a bachelor’s degree with a minimum of 50% marks from a recognized university to apply for Online MBA Marketing courses. There are several specializations offered under this course and the fee charged for MBA Marketing online courses varies from INR 50,000 to INR 4 lacs.
Further, provide employment opportunities in diverse fields. Students can visit the official websites of universities or colleges and submit the application form to initiate the admission process.
Online MBA Admission 2024
20 September 2024 is the last date for Online MBA admission at various universities such as IGNOU, Amity, Manipal University and more. Admission has started for the online MBA program at Manipal University, Lovely Professional University, IGNOU, and numerous other institutions. Candidates must follow the online lead to register and complete the admission process in any mentioned universities. The remaining online universities can come up with a notification of commencing the admission process for the master’s degree program in business management.
Online MBA Course Eligibility Criteria
Admission to the online MBA program is based mainly on the criteria listed below. The following eligibility requirements are actively followed in almost all approved universities for MBA.
- The candidate requires to pass 10+2+3 or a bachelor’s degree from an accredited university.
- The minimum acceptable score in the qualifying degree must be no less than 50 percent. 5% percent is waived to special categories like scheduled caste (SC), and scheduled tribe (ST).
- Aspirants with valid performance or marks in CAT, CMAT, MAT, GMAT, or XAT are exempted from university entrance exams.
Online MBA Course Fee Structure
The cost of an online MBA program varies greatly from one university to the next. We cannot determine an average fee for an MBA program until we have the exact numbers of the associated online universities.
Nobody needs to complete this work because this article will undoubtedly contain all the information a candidate requires. We have filtered and identified some of the universities that can provide a glimpse of the costs of an online MBA program.
- Lovely Professional University (LPU) needs a semester-wise fee of INR 27,625 for an online MBA program.
- Rupees 1,50,000 is the total fee of an MBA program at Manipal University.
- The complete fee for the online MBA program at IGNOU is INR 62,000.
Online MBA Application Form 2024
Online MBA Application Form 2024 is available and acceptable at Manipal, LPU, IGNOU, Amity and many other universities. Students who want to study an online MBA program must apply to the respective universities by 20 September 2024.
The application fees for this professional online degree at various online MBA colleges/universities can range from INR 300 to INR 1,000. An application form will only be considered acceptable in the presence of a registration or application fee along with complete documents.
Online MBA Course Admission Process 2024
Candidates should be aware of the admissions procedure followed in the manner below if they intend to apply for an online MBA program at any of the Indian universities.
- Kindly visit the official website of the MBA offering university.
- Open an online admission portal
- Register with basic information
- Save the username, and use it with the password to log in to the newly registered account.
- Complete every mandatory part of the admission form.
- Upload documents (PDF/JPEG/JPG)
- Cross-verify details in an online MBA admission form.
- Deposit the fee, and save the receipt as proof of payment.
Note: To complete an online MBA admission process, anyone who has passed a national-level entrance exam must fill out and submit a counselling form.
Advantages of Online MBA Course
The professional degree program of an Online MBA is popular amongst students for many reasons: personality and skill development. Individuals who pass a Master of Business Administration (MBA ) program give themselves chances to be picked up by well-known brands in the related domain.
Think if you are able to study and complete the MBA degree program from anywhere in the world. We mean, you do not have to visit any college, university, or campus for classes, and you can study in an affordable and standard manner. What more would you ask? This is happening in India in an absolutely systematic manner. Students are encouraged to study during their flexible hours.
An online MBA degree program is something that won’t haunt anyone by consuming time but actually assists learners to save time so that they can concentrate on their daily business as well. India is a country that holds thousands of villages with economically weak populations. Online learning in MBA has opened the doors for such category of aspirants perfectly.
Career Option After Online MBA Courses
The MBA degree in the online mode is never a short one compared to any other form of education. The learning mode of an MBA provides equal opportunity for students to study courses fluently so that they can successfully obtain skills needed for the job placement ahead.
Online MBA degree earned individuals can open some wide options in the professional industry. They can start their working career with any of the roles such as sales manager, human resource manager, HR executive, entrepreneurship, and so on. The average starting package of online MBA-based professionals ranges from INR 6.48 LPA to INR 12,26 LPA.
Students who desire to create more possibilities for career options can alternatively go for a related advanced or research-based degree program. Some popular online universities in the form of Amity, Lovely Professional University, and others, offer placement opportunities in famous brands.
Top Online MBA Universities in India
There are a number of universities that were established to offer online MBA degree programs. The shortlisted universities listed below are considered some of the top universities for students to choose from because of their recent popularity, and academic excellence.
- Manipal University
- Lovely Professional University
- Indira Gandhi National Open University
Manipal University Online MBA
Manipal University begins admission for an online MBA program for the program. The deadline is 25 September 2024 to submit an online application for admission to the postgraduate degree program.
Before reaching the Manipal University website for admission to an online MBA program, one should remember the following information about the course.
- The course is available in the following specializations: finance, marketing, information technology & fintech, total quality management, international business, project management, and others
- Free access will be provided to course content.
- 15 to 20 hours a week would be needed from students.
- The total fee is INR 1,50,000, but students can pay the semester-wise fee of INR 37,500.
Lovely Professional University Online MBA
Online MBA admission is ongoing at LPU, and the deadline has been extended. The new application form submission date is 13 September 2024. Desiring aspirants must pay a visit to www.lpuonline.com before the last date.
Those applicants who are seeking an online MBA program at Lovely Professional University should acquire the necessary details of the MBA degree program shown below.
- The two-year master’s degree program of an online MBA can easily be studied with live, and recorded sessions.
- The curriculum structure of the LPU online MBA is divided into 4 semesters.
- The semester base fee of an LPU MBA program is 32,800 Indian rupees.
- The recommended hours students should spend studying the MBA program in a week has to be 8 to 10 hours.
- Students of an online MBA degree program at Lovely Professional University can take advantage of industry exposure, professional enhancement, and opportunities to discover handsome job options.
IGNOU Online MBA
Indira Gandhi National Open University (IGNOU) opens admission every year for an online degree program in MBA. Aspirants are invited worldwide to apply for this professional degree program online at the IGNOU IOP Portal.
20 September 2024 is the last date for IGNOU Online MBA admission date for the July academic session. Admission is ongoing for the online MBA program in the 2024 July session. Applicants can apply by visiting the university’s official website at @ignouiop.samarth.edu.in. Before enrolling in an online MBA degree program at Indira Gandhi National Open University (IGNOU), aspirants can acquire important information from the following points.
- Passed bachelor’s degree with a minimum of three-year duration from a recognized university.
- Aspirants are required to score a minimum of 50% in the qualifying degree examination.
- The complete fee for the online MBA program at IGNOU is 62,000 Indian Rupees.
- Admission is offered on the basis of qualifying examination marks.
Amity University Online MBA
Amity University Online MBA is approved by the University Grants Commission Distance Education Board (UGC DEB ). At Amity, students have an online MBA option to choose from 15 specializations offered in the curriculum and engage in project work conducted in the second year. Currently, Admissions are open for Amity Online MBA and students can apply till 25 September 2024.
Candidates with a bachelor’s degree with a minimum of 40% marks from a recognized university can apply for MBA online courses offered by Amity University. The fee charged for this course is around INR 63,250 per semester.
Students can apply by visiting the official site of the Online MBA course by filling out the application form carefully and providing all the required details. Then finalize the process by submitting the application form fee of INR 1100.
Symbiosis Online MBA
Symbiosis School for Online and Digitial Learning (SSODL) provides admission to the Online MBA Degree Programme, The curriculum provides in-depth knowledge about global markets over a duration of 2 years. The fee for this course is around INR 1,50,000 per year.
Students who have secured a minimum of 50% marks in graduation-level degrees from a recognized university are eligible to apply for an online MBA degree at Symbiosis. The curriculum consists of online assessments as per UGC guidelines, students can access the online learning platform 24/7, which consists of recorded sessions.
FAQs Related to Online MBA
Question: Is Online MBA degree valid?
Answer: Yes, an online MBA degree is valid in India. It is approved by UGC-Deb to be pursued in online mode. Many online approved admission to this course.
Question: Does Online MBA hold value?
Answer: The value of online MBA is indifferent in comparison to offline. This degree has a very promising scope and a bright future. After completing an MBA degree online, students can boost their professional careers and increase their pay scale.