Top 12 Best Affordable Online MBA in India 2024

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Shishir
Management

Are you searching for affordable Online MBA options without compromising on quality? Well, you are in the right place then. In this blog post, we’ll explore the list of the top 12 affordable online MBAs in India. We will help you choose cost-effective programs that offer High-quality education and convenience to pursue an advanced business degree. An online MBA at one of these universities is an excellent choice for students searching to reach their goals while spending less money.

Also Read:- UGC Approved Online MBA Course

List of Top 12 Affordable online MBA in India

S.no.	Institution Name	Total Tuition Fees
1.	IGNOU	62,000 INR
2.	Uttaranchal University	82,000 INR
3.	Dr. DY Patil Vidyapeeth	1,69,000 INR
4.	Hindustan University	1,20,000 INR
5.	UPES	1,75,000 INR – 2,20,000 INR (varies from specialization)
6.	Jain Online	1,60,000 INR – 2,60,000 (varies from specialization)
7.	Sikkim Manipal University	1,10,000 INR
8.	Lovely Professional University	1,80,000 INR
9.	Amity University	1,99,000 INR
10.	ICFAI	2,00,000 INR
11.	Manav Rachna Centre for Distance and Online Education	1,14,000 INR
12.	Shoolini University	1,50,000 INR

Let’s discuss the details of each affordable Online MBA colleges:

1. IGNOU

The Indira Gandhi National Open University (IGNOU) is the largest distance education institution in India, offering a number of academic courses that are cheaper and flexible. IGNOU offers the cheapest online MBA in India. Its Online MBA program is designed for working professionals who are seeking to advance their careers.

Here are the details for the Online MBA with the detailed fee structure of IGNOU :

Recognition & Accreditation	UGC, NAAC A++, AICTE
Course Duration	2 years (4 sem) to 4 years (8 sem)
Cheapest Online MBA specializations offered by IGNOU	Marketing Finance Supply Chain Management Hospital Management Project Management International Trade Human Resource Management Information Technology Operation Management
Eligibility	Must have a bachelor’s degree, minimum of 3 years. Minimum 50% marks (45% in case of candidates belonging to reserved category).
Registration fees	INR 300/-
Fees Per Semester	INR 15, 500/-
Total Fees	INR 62, 000/-
Placement Assistance	Yes

2. Uttaranchal University

Uttaranchal University, located in Dehradun, is a leading private institution known for its variety of academic courses and emphasis on holistic education. The Online MBA program at Uttaranchal University is specially designed for working professionals who aim to enhance their management skills while balancing their jobs, Family responsibilities and studies.

Below are the details of the Online MBA offered at Uttaranchal University with a detailed fee structure :

Recognition & Accreditation	UGC, AICTE, A+ NAAC
Duration	2 years
Affordable MBA Courses specialization in Uttaranchal University	Marketing Management Digital Marketing Finance Management Logistic and Supply Chain Management Business Analytics International Business Human Resource Management Information Technology
Eligibility	Must have a bachelor’s degree in any field. A minimum of 50% marks in aggregate in graduation or 45% marks for reserved category. May ask for 2 years of experience working with professionals.
Fees Per Semester	INR 20, 500/-
Total Fees	INR 82, 000/-
Cost-effective Fee Structure	(INR 80,000/)- by paying the yearly fees – 40,000/-)
Examination fees:	INR 2500/-
Placement Assistance	Yes

3. Dr. DY Patil Vidyapeeth

Dr. D. Y. Patil Vidyapeeth is a private university in Pune, India, which is famous for its specialized education in the faculties of health and allied sciences, engineering, management, etc. Its Online MBA program has been designed as a flexible delivery system suitable for working students.

Below are the details of the Online MBA offered at Dr DY Patil Vidyapeeth with a detailed fee structure :

Recognition & Accreditation	UGC, A++ NAAC, AICTE, NIRF
Duration	2 years
DY Patil ’s Affordable MBA Specializations	Marketing Finance Project Management Business Analytics International Business Human Resource Management Information Technology Operation Management FinTech Management AI and ML Management Blockchain Management Digital Marketing Management
Eligibility	Must have a Bachelor’s degree from any recognized university/institution. Earned minimum 50% Aggregate marks (45% for Reserved Category).
Fees Per Semester	INR 45,000/- (1^st ,2^nd and 3^rd semester) INR 34,200/- (4^th semester)
Total Fees	INR 1,69,200/-
Placement Assistance	Yes

4. Hindustan University

Hindustan University, located in Chennai, is a well-known private institution that offers a diverse range of undergraduate and postgraduate programs. Its Online MBA program is designed for students who aim to enhance their managerial skills without putting a hold on their work, enabling them to gain valuable business concepts and advance their careers while balancing work and studies.

Below are the details for the Hindustan University Online MBA with a detailed fee structure :

Recognition & Accreditation	NIRF, A+ NAAC
Duration	2 years
Hindustan university’s Affordable Online MBA specializations	Finance, Marketing, and Human Resources Human Resource Management General Management FinTech Project Management Information and Technology Management Healthcare Management Logistics and Supply Chain Management Digital Marketing and e-Commerce Analytics and Data Science Operations Management
Eligibility	Bachelor’s Degree holders of any discipline from a recognized University Secured minimum 50% Aggregate marks (45% for Reserved Category).
Application Fees	INR 1000/-
Fees Per Semester	INR 30,000/-
Total Fees	INR 1,20,000/-
Examination Fees	INR 3000/-
Placement Assistance	Yes

5. UPES

The University of Petroleum and Energy Studies (UPES) in Dehradun is well known for its industry-focused programs and innovative approach to education. Especially recognized for focusing on energy, engineering, and management studies, UPES offers an affordable Online MBA program. This program covers all the major business disciplines with an emphasis on practical use.

Below are the details for the Online MBA offered at UPES with a detailed fee structure:

Recognition & Accreditation	NIRF, A+ NAAC
Duration	2 years
UPES University’s Affordable Online MBA specialization	Oil and Gas Management Power Management Logistics and Supply Chain Management Business Analytics Infrastructure Management International Business Marketing Management Human Resource Management Operations Management Financial Management · Digital Business
Eligibility	● Must have a bachelor’s degree in any field. ● Secured minimum 50% Aggregate marks (45% for Reserved Category). ● Entrance tests such as UPESMET/CUET.
Fees Per Semester	INR 43,750/-
Total Fees	INR 1, 75, 000/-
Placement Assistance	Yes

Fees Breakdown- Online MBA UPES

Specialization

Fees Breakdown

Oil and Gas Management

Power Management

Total Fee: 2,20,000 INR

Per Semester: 55,000 INR

Monthly: 9,167 INR

For International students: $2,619

(Per Semester $655)

Financial Management

International Business

Business Analytics

Digital Business

Human Resource Management

Marketing Management

Operations Management

Infrastructure Management

Total Fee: 1,75,000 INR

Per Semester: 43,750 INR

Monthly: 7,292 INR

For International students: $2,083

(Per Semester $521)

Logistics and Supply Chain

Total Fee: 1,95,000 INR

Per Semester: 48,750 INR

Monthly: 8,125 INR

For International students: $2,321

(Per Semester $581)

6. Jain Online

Jain Online, part of Jain University in Bangalore, offers various high-quality online programs for working people. Renowned for its academic excellence and innovative approach, Jain Online provides accessible education to students across the globe. Its Online MBA program is designed for students seeking career advancement, it offers a broad-based management education and training. The program allows students to gain valuable skills while balancing their professional and personal lives.

Below are the details for the Online MBA offered at Jain Online University with a detailed fee structure :

Recognition & Accreditation	NAAC A++, NIRF
Duration	2 years
Affordable Specializations offer by Jain University	Human Resource Management Finance Marketing General Management Systems and Operations Management
Eligibility	Must have a bachelor’s degree in any field. Earned minimum 50% Aggregate marks (45% for Reserved Category). Students in the final year of their bachelor’s degree are also eligible to apply.
Fees Per Semester	INR 40,000/- (only for above-mentioned program)
Total Fees	INR 1,60,000/- (only for the above-mentioned program)
Placement Assistance	Yes

7. Sikkim Manipal University

Sikkim Manipal University (SMU) is a well-reputed institution offering a range of programs in various areas. She is known for its quality education and modern infrastructure. The university’s Online MBA program is designed for working professionals and students who want to pursue self-paced studies.

Below are the details for the Online MBA offered at Sikkim Manipal University with a detailed fee structure :

Recognition & Accreditation	UGC / A+ NAAC
Duration	2 years
Sikkim Manipal university’s Specializations offer for Affordable Online MBA	Human Resource Management Finance Marketing Systems Operations and Supply Chain Management
Eligibility	Must have a bachelor’s degree in any field from a recognized university. Secured minimum 50% Aggregate marks (45% for Reserved Category). One year of work experience in reputed organizations.
Fees Per Semester	INR 27,500/-
Total Fees	INR 1,10,000/-
Placement Assistance	Yes

8. Lovely Professional University

Lovely Professional University (LPU) is one of India’s largest and most prestigious universities. With a commitment to providing quality education, LPU offers a wide range of programs, including an Online MBA. TLPU has designed its Online MBA program to provide students with mastery of advanced managerial knowledge and skills. It is flexible, and a student can be trained without necessarily attending physical classes.

Below are the details for the Online MBA offered at LPU with a detailed fee structure :

Recognition & Accreditation	NAAC A++, UGC, NIRF
Duration	2 years
Affordable Online MBA Specialization of Lovely Professional University	Human Resource Management Finance Marketing Operations Management Business Analytics Digital Marketing Data Science Information Technology International Business
Eligibility	The university Requires a Bachelor’s degree (any discipline) or equivalent. OR A candidate must have completed Company Secretary (CS) from the Institute of Company Secretaries of India (ICSI). OR Have Completed Chartered Accountancy (CA) from the Institute of Chartered Accountants of India (ICAI) or Completed Cost & Management Accountancy (CMA) from the Institute of Cost Accountants of India (ICAI).
Fees Per Semester	INR 45,000 /-
Fees Per Semester (with Up To 30%^* Student Grant)	INR 34,250/- (Valid till 20th Aug ’24)
Total Fees	INR 1,80,000/-
Total Fees (with 25 % student grant)	INR 1, 37,000/- (Valid till 20th Aug ’24)
Total Fee, if paid one time	INR 1, 62,800/-
Onetime Fee (with up to 30 % student grant)	INR 1, 24,100/-
Placement Assistance	Yes

9. Amity Online University

Amity University is one of the premier private universities in India, catered by state-of-the-art infrastructures, diverse programs, and an emphasis on research and innovation. Its Online MBA program is highly regarded, providing a flexible and interactive learning experience. It offers a wide range of business majors and disciplines, giving students an opportunity to focus on fields such as marketing, financial management, and human resource management.

Below are the details for the Online MBA program offered at Amity Online University with a detailed fee structure :

Recognition & Accreditation	A+ NAAC, AICTE, NIRF, UGC
Duration	2 years
Affordable Online MBA Specialization Amity University	Human Resource Analytics Business Analytics Digital Marketing Data Science International Finance Digital Entrepreneurship
Eligibility	A minimum 40% Aggregate score is required, for below 40% a test will be conducted. Applicants must have a good knowledge and understanding of the English Language.
Fees Per Semester	INR 49, 750 /- (EMI options are also available)
Total Fees	INR 1,99,000/-
Placement Assistance	Yes

10. ICFAI

The ICFAI University is a reputed institution in India, known for its focus on professional education and high academic standards. Having campuses all around India, the ICFAI provides a number of management, law and technology programs. Its Online MBA program is targeted at MBA candidates who still work while studying, and thus, it provides flexibility without necessarily compromising quality. The ICFAI’s Online MBA academic program is perfect for candidates working, managing families or businesses or those with other responsibilities.

Below are the details for the Online MBA offered by ICFAI and the detailed fee structure :

Recognition & Accreditation	UGC / A++ NAAC
Duration	2 years
Affordable Online MBA ICFAI speacialization	Marketing Management Human Resource Management Financial Management IT and Operation Management
Eligibility	Applicants must have a bachelor’s degree in any field from a recognized university. Have Obtained minimum 50% marks.
Application Fees	INR 20,000 /-
Total Fees	INR 2,00,000/-
Placement Assistance	Yes

11. Manav Rachna Centre for Distance and Online Education

Manav Rachna Centre for Distance and Online Education is part of the prestigious Manav Rachna International Institute of Research and Studies (MRIIRS). Its Online MBA program is, therefore, suitable for working professionals and students who wish to advance their careers without disrupting their work-life balance. The program provides fundamental management concepts, and one can select an area of interest and gain knowledge and talent that will enable them to survive in the current business world.

Below are the details for the Online MBA program offered at Manav Rachna Centre for Distance and Online Education with a detailed fee structure :

Recognition & Accreditation	UGC / A++ NAAC
Duration	2 years
Affordable Online MBA specialization at MRCDOE	Digital Marketing and E-Commerce Business Intelligence & Analytics Health-Care Management Finance International Business Marketing Entrepreneurship and Small Business Banking and Insurance Management Waste Management Management Information System Human Resources Logistics and Supply Chain Aviation Management Operation Management Event and Media Management
Eligibility	Applicants must have a bachelor’s degree in any field from a recognized university.
Fees Per Semester	INR 32,000 /- (EMI options are also available)
Total Fees	INR 1,14,000/-
Placement Assistance	Yes

12. Shoolini University

Shoolini University, located in Himachal Pradesh, is a leading private institution known for its focus on research and innovation. The university has a huge variety of programs that are focused on the quality of education of students, with the cooperation of industries. Shoolini’s Online MBA program is designed to suit practicing managers and students aspiring for a managerial position. The program allows students to engage in real-world projects and gain valuable insights into modern business practices while studying at their own pace.

Below are the details for Online MBA programs offered at Shoolini University with detailed fee structure :

Recognition & Accreditation	UGC, NIRF
Duration	2 years
Affordable Online MBA specializations offered at Shoolini University	Marketing Management Human Resource Management Financial Management Digital Marketing Retail Management Operation Management Banking & Insurance Logistics & Supply Chain Management IT Management Tourism Management Real Estate Management Direct Selling Management Data Science & Business Analytics Agri Business Management Biotechnology Management Food Technology Management · Pharma & Health Care Management
Eligibility	Applicants must have a bachelor’s degree in any field from a recognized university. Obtained at least 50% marks (40% marks in case of Candidates belonging to reserved category).
Fees Per Semester	INR 37,500 /-
Total Fees	INR 1,50,000/-
Fees per Semester after the Placement Facility	INR 20,000 /-
Pay After Placement	INR 40,000 /-
Placement Assistance	Yes (After placement )

Conclusion

In conclusion, the Affordable Online MBA programs in India offered at well-reputed universities deliver the opportunity to get quality education, flexibility, and affordability. The best suited for working professionals and students who wish to enhance their careers without having to pay for an MBA tuition fee. If you opt for an MBA online from a credible university, then you stand to get a lot of business knowledge and skills, and you can also balance between work and the program. Regardless of the careers one wants to pursue, whether it is in the corporate world or changing career path, these options avail a ticket. Pick the program of your choice to meet the objective, and begin your journey now.

FAQs

Q1. Which college offers the cheapest online MBA in India?

IGNOU offers the cheapest online MBA in India.

Q2. What is the cost of an online MBA in India?

The pricing for an online MBA in India might vary from university to university, but it generally ranges from 30,000 to 7 lakh (full course fees).

Q3. Is online MBA valid in India?

Yes, many Reputed universities provide online MBAs with validation of degrees throughout India and even internationally for universities like Amity.

Q4. Online MBA from which university is considered to be the best?

Some of the universities providing online MBAs in India do not require CAT. However, other universities might have the CAT exam as their eligibility criteria.