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MBA is quite a prosperous but equally expensive course. MBA is a 2-year postgraduate program with an average fee of around ₹ 10 lac per year. However, you don’t have to worry about that now because of online MBA programs.
Online MBA programs are the cheapest and most affordable for all walks of life while maintaining the quality and standards of the curriculum.
This blog lists the top 10 cheapest and most affordable MBA online colleges in India along with their fee structure and other important details.
When it comes to affordable but best MBA program, then online MBA can be considered as the best choice. We will go into details about online MBA courses, the facilities offered by online colleges and whether it is worth it or not.
Indira Gandhi National Open University (IGNOU) is a government-run national university. The university is known for its open/distance learning programs, but has now ventured into providing fully online programs. The goal is to offer affordable and high-quality higher education to the marginalized.
IGNOU has been recognized by UGC-DEB for offering online courses. Additionally, IGNOU is recognized and accredited by AICTE, NCT, INC and NAAC (A++).
Hindustan Online Center for Open and Digital Education (CODE) offers MBA in combined online and distance mode. In this mode, students have the option to study in online mode using the LMS facility, but they have to take the exams in offline mode.
The university is known for its postgraduate programs and also offers placement assistance and career guidance to students. Hindustan Online CODE is recognized by UGC-DEB for offering online programmes. Other accreditations include AICTE, NAAC (A), NIRF ranking (107).
Dr. D. Y. Patil Vidyapeeth- Center for Online Learning (DPU-COL) is a prestigious university that offers online courses only in management. The online MBA course offered by the university is known for the wide range of specializations it offers.
The university provides placement assistance to its students with the help of their placement partner companies such as Bajaj Capital, HDFC Bank, American Express, Apollo Munich Health Insurance and Dr. D. Y. Patil Hospital. The university is recognized by UGC-DEB to offer online education. Other accreditations include AICTE, AIU, WES, ACU, ISO, NAAC (A++) and NIRF.
Dehradun-based University of Petroleum and Energy Studies (UPES) is known for its online MBA programs, especially in specializations related to petroleum and energy studies.
The university offers amazing placement assistance services to its students. The university is known for offering a dynamic set of specializations for its online MBA program. The university is recognized by UGC-DEB to offer online education.
Jain Deemed To Be University online is known for its affordable online MBA program. It is also very well known for the numerous online MBA specializations it offers. Jain Online offers a total of 24 online MBA specializations. The university has dedicated cells that offer placement assistance services and career guidance. The university is recognized by UGC-DEB to offer online education.
Manav Rachna Center for Distance and Online Education is another reputed online college offering online MBA program. The pedagogy for the online MBA program at Manav Rachna is industry oriented. The program curriculum is designed to be flexible for working professionals.
The university provides placement assistance to its students with the help of placement partner companies like HCL, IBM, HP, Voltas, Federal Bank, VLCC etc. The university is recognized by UGC-DEB for providing online education. Other accreditations include AICTE, NAAC and QS.
Online Manipal University is one of the best online universities in the country. It offers an excellent MBA curriculum. A flexible curriculum allows you to learn at your own pace. The curriculum is delivered by experienced real-world teachers and mentors.
The university provides placement assistance to its students with the help of placement partner companies like Amazon, Accenture, Axis Bank, American Express, Dell, Bajaj Finserv, ICICI Bank etc. The university is recognized by UGC-DEB for providing online education. Other accreditations include AICTE, AIU, NAAC and NIRF.
The Lovely Professional University online is one of the best universities in India especially for its online courses. It is not only famous in India but it is also famous all over the world. The university has its own LMS which offers a smooth learning environment. Students are exposed to the industry through webinars, live interaction with industry veterans and leaders, alumni meetups and much more.
The placement assistance offered by LPU is amazing. There are separate cells dedicated to helping and guiding students in their future career path. The university is recognized by UGC-DEB to offer online education. Other accreditations include AICTE, NAAC, NIRF and World University Ranking.
Narsee Monjee Institute of Management Studies Global Access School for Continuing Education is a big brand when it comes to management education. The institute offers a number of management courses, the
most famous of which is the online MBA program. Personalized career counseling and placement assistance is one of the best at NMIMS. The institute has its own LMS with various advanced facilities.
The MBA program offered by NMIMS is in ODL mode. The university is recognized by UGC-DEB to offer online education. Other accreditations include NAAC (A+), NIRF etc.
Institute of Chartered Financial Analysts of India (ICFAI) Center for Distance and Online Education is one of the best management institutes in the country. Their online MBA program is just as famous as their regular offline program.
The university provides excellent placement assistance to its students with the help of their placement partner companies like Google, HCL, Deloitte, IBM, Oracle, Airtel etc. The university is recognized by UGC-DEB for providing online education. Other accreditations include AICTE, NAAC (A+) and NIRF.
Conclusion
Choosing an online MBA program in India can be affordable while still offering quality education. By exploring options with lower fees, you can achieve your career goals without significant financial burden. Many institutions provide excellent online MBA programs with reasonable costs, making it possible to gain a valuable degree and enhance your professional skills. With careful research and comparison, you can find a program that fits both your budget and your educational needs.