Gaining professional advancement with an MBA is highly recommended. However, the traditional classroom-based MBA programs require you to physically attend classes which may not be feasible for working professionals. That’s where online mba fees come in. They provide the flexibility as well as convenience of studying from anywhere without disrupting your work. In this blog, we will discuss the key aspects of online MBA programs in India including eligibility, course structure, duration and most importantly the fees.
Course Structure
Most online MBA programs have a duration of 2 years which is divided into 4 semesters. The course structure is similar to regular MBA programs with subjects like management principles, finance, marketing, operations etc. The classes are conducted online through video conferencing tools where faculty take live sessions and students can clear doubts. Students can access recorded lectures, e-books, assignments, projects etc through the learning management system (LMS) portal at their own pace and convenience. Regular assessments like quizzes, assignments, presentations, case studies help evaluate the progress and comprehension of the students. Some programs have elective or specialization options in the areas of finance, marketing, HR etc in the later semesters.
Eligibility
The basic eligibility for online MBA programs is a bachelor’s degree in any discipline from a recognized university with at least 50% marks. Some universities may have additional work experience criteria of 1-2 years for admission. The admission process involves written tests like CAT, XAT, GMAT or university-level entrance exams to process involves written tests like CAT, XAT, GMAT or university-level entrance exams to assess the quantitative, verbal, logical and analytical skills of candidates. This is followed by personal interviews either online or offline where candidates need to demonstrate their communication skills, motivation to pursue management education and career goals. The selection is based on a combination of entrance exam score, academic qualifications as well as interview performance.
Fees Structure
The fees of online MBA programs vary based on the university reputation and facilities offered but they are generally lower than the regular MBA programs. Here are the fees ranges of some popular online MBA programs in India:
Fees for Popular Online MBA Programs in India
- There are many top universities in India offering high-quality online MBA programs. Let’s take a look at the fee structures of some of these programs:
- Chandigarh University: The total fees for the 2-year online MBA program is Rs. 1,50,000. The semester fees is Rs. 37,500.
- Online Manipal: The total fees is Rs. 1,75,000 for 2 years. The semester fees is Rs. 43,750.
- LPU Online Education: The total fees is Rs. 1,60,000 for 2 years. The semester fees is Rs. 44,000.
- DY Patil University: The total fees is Rs. 1,67,200 for 2 years. The semester fees is Rs. 41,800.
- Symbiosis School of Online and Digital Learning: The total fees is Rs. 1,50,000 for 2 years. The semester fees is Rs. 37,500.
- NMIMS-SCE Online: The total fees is Rs. 1,44,000 for 2 years. The semester fees is Rs. 42,000.
- Jain Online: The total fees is Rs. 1,50,000 for 2 years. The semester fees is Rs. 37,500.
- Bharati Vidyapeeth Online: The total fees is Rs. 1,28,000 for 2 years. The semester fees is Rs. 32,000.
- Amity University Online: The total fees is Rs. 1,79,000 for 2 years. The semester fees is Rs. 45,000.
- SGVU Online: The total fees is Rs. 58,000 for 2 years. The semester fees is Rs. 14,500.
Key Features
Now let’s discuss some of the key features that online MBA programs offer:
Flexibility – You can study from anywhere without disrupting your work or relocating. The classes are scheduled online at your convenience so you have the flexibility to learn on your own time without having to compromise your career or other responsibilities. You are not restricted by location and can efficiently manage your studies along with your work and personal life.
Industry Expert Faculty – Top universities rope in working professionals and industry experts as adjunct faculty to teach practical industry-oriented subjects giving students direct exposure to the latest skills and knowledge required in their desired fields. These faculty members bring rich experience and networks within industries to enhance classroom learning.
Interactive Classes – The online classes are conducted through video conferencing tools that allow live interaction between faculty and students where they can clear doubts, discuss case studies and network with peers. This makes the learning more engaging through discussions as well as collaborative activities compared to isolated self-study.
Self-Paced Learning – Students can access recorded lectures, e-books, assignments on their own schedule and pace through the LMS portal anytime as per their convenience. They can revisit lessons as many times required for better understanding without feeling rushed. This self-learning approach suits individuals who prefer independence as well as managing their own timelines for maximum comprehension.
Career Support – Most universities offer career guidance, mentorship, internship and placement assistance to online students as well. They organize webinars, workshops as well as networking sessions to help students make the right career choices and guide them to suitable opportunities through campus recruitments or other sources.
Affordable Fees – The overall fees of online MBA is much lower compared to regular MBA programs making it cost effective for working professionals with budget constraints. They do not have to spend on hostel, mess or transportation which brings down the total educational expenditure significantly.
UGC Recognition – Leading universities offering online MBA have approval and recognition of statutory bodies like UGC, AICTE ensuring credibility and acceptance. This accreditation guarantees the quality of curriculum as well as compliance with regulations for the degree to be considered at par with traditional courses.
Conclusion
Working individuals may upskill without upending their professions with the flexible study options offered by online mba colleges. The course structure and quality of education is on par with regular programs. While the fees range from affordable government programs to premium B-school programs, all accredited universities ensure credible degrees and career support. Online learning is gaining popularity in India and more students are opting for it each year to advance their management education and career goals.
