Online MBA - Courses, Eligibility, Fees, Subjects, Exams, Top Colleges, Scope, Career
What is an Online MBA?
Online MBA is increasingly becoming a popular mode of getting higher management education, especially among those who are working. The online mode of learning is specifically advantageous for those who are interested in getting a degree without hampering their work experience. It allows them to study and work from the same time. While pursuing MBA, students will get the help and advice of their mentors. This will help them complete the course successfully. An online MBA programme helps develop the necessary skills and knowledge to pursue a career in the business sector.
What is an Online MBA Full form?
Online MBA stands for Online Master of Business Administration. It is quite similar to the distance MBA. In Distance MBA, classes are not regularly provided. They are usually arranged on weekends. But, in the case of Online MBA, classes are provided to students through online mode at their convenience. An online MBA programme focuses on developing the necessary skills and knowledge for careers in the business sector. While doing an online MBA, candidates can learn more about the core aspect of business management, big picture thinking and strategic decision making.
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Highlights about the Online MBA in India
10+2+3 or 10+2+4
Semester Wise/ Year Wise
Rs. 50,000 to Rs. 500,000
Financial Advisor, Finance Manager, Project Manager, Business Development Manager, Advertising Manager, Brand Manager, Marketing Manager
Average Annual Salary
Rs. 500,000 to Rs. 600,000
Fees Structure of Online MBA
The online MBA fee structure may vary depending on the institution where the programme is conducted. It may also include various other charges. Online MBA fee ranges from Rs. 50,000 to Rs. 500,000 for the entire course. It may also include various charges for the facilities that the colleges provide.
Why Choose Online MBA Course?
Apart from having the honing skills and providing credentials to secure a great career opportunity, an online MBA can also provide many other benefits. Most of the programs offer the same curriculum and faculty members as those offered on-campus. Critics of online formats say that they lose their face-to-face contact with students. Most of the programs run by reputable universities offer events and projects that help bridge this gap.
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Most online MBA programs require a minimum of 14-18 months to complete. Students can take advantage of the flexible study schedule and the ability to interact with classmates and professors anywhere in the world. Another benefit of an online MBA is that it allows those with limited time to complete their studies to do so.
Online MBA Eligibility Criteria
The basic eligibility to pursue an online MBA is graduation. The minimum aggregate may vary for different colleges.
There are some colleges also consider the scores of few MBA entrance exam such as, Xavier Aptitude Test (XAT), Common Admission Test (CAT), Management Aptitude Test (MAT), Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP) and other management entrance examinations
Candidates should have done their graduation in any discipline from a recognized university.
Those who are pursuing their final year of graduation are also eligible to apply for an online MBA.
The candidates belonging to General category (UR) should have secured at least 50 percent marks.
Those who belong to reserved category (SC/ ST) should have secured 45 percent marks in aggregate.
If someone having relevant work experience added advantage in it.
There is no age bar to apply for an online MBA
If any university or institute conducts an entrance test for an online MBA programme, then candidates need to qualify for the same.
Skills Required for Online MBA Courses in India
Candidates wishing to enroll in an Online MBA are required to possess several skill sets to enhance their learning experience and upgrade their knowledge. We have listed below the major skills acquired by Online MBA students during their academic year.
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Online MBA Courses Application Process
Some Universities/Institutes may also offer entrance examinations on the basis of merit.
Some universities/institutes may also have their own entrance exams. Students may enroll at their own expense though some of these may direct them to the exams. Aspiring individuals who want to enroll in an Online MBA degree may check the application process here.
Candidates are required to apply for appearing in management entrance examinations such as CAT, XAT, MAT, ATMA or SNAP on their official websites.
They are required to prepare well and appear in the entrance examinations.
Most management examinations are conducted in online mode, they must ensure their internet connectivity is strong and protected.
They must acquire scores equivalent or higher than the expected cut-off.
Candidates are required to send applications with their score to management colleges that offer online MBA.
Those who get seats offered in the college are required to further complete the admission process.
They are required to pay the fee and complete the documentation process.
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Online MBA Entrance Examinations
Many online MBA schools only consider the graduation marks and not the entrance exam score when it comes to admission. Many online MBA courses are admitted on the basis of the following exam. Although it is not mandatory to take the admission test on the basis of the entrance score, some schools only consider the graduation marks.
Common Admission Test (CAT) - Common Admission Test or CAT is the biggest management entrance exam in India. It is conducted on a rotational basis by IIMs. There are many B-schools that consider CAT scorecards while offering admission into an online MBA.
Xavier Aptitude Test (XAT) - Xavier Aptitude Test which is commonly known as XAT is a national-level management entrance exam conducted by XLRI Jamshedpur for admission to management programmes. Those who want to pursue an online MBA can appear for XAT and can take admission on the basis of XAT scorecard.
Management Aptitude Test (MAT) - All India Management Association (AIMA) conducts Management Aptitude Test (MAT) four times a year. It is a national-level entrance exam conducted in the month of February, May, September and December. So, taking the MAT is the best option before taking admission in an online MBA.
Symbiosis National Aptitude Test (SNAP) - It is a national level entrance exam conducted by Symbiosis International University (Deemed University) for admission into its offering management programmes. After taking SNAP entrance tests candidates can apply to those colleges that offer online MBA.
Common Management Admission Test (CMAT) - National Testing Agency (NTA) conducts CMAT annually to offer admission to management programmes. CMAT is an online (computer-based) entrance exam and it’s scorecard is valid for admission in an online MBA.
Top Online MBA Colleges Accepting Entrance Examinations
We have provided below a list of colleges that accept management entrance examinations’ scores to provide admissions in online MBA courses running by them.
CAT, CMAT, XAT, MAT, GMAT
Browse Top MBA Colleges Accepting CAT Score: Location-Wise
Popular Colleges in India offering MBA
Online MBA Syllabus
The online MBA is just like a regular MBA course, which is a two-year programme and divided into four semesters. Check the semester-wise MBA subjects.
Organization Effectiveness and Change
Economic Environment of Business
Human Resource Management
Information Technology Management
Management of Information System
Legal Environment of Business
Business Ethics & Corporate Social Responsibility
International Business Environment
Online MBA Specializations
Not all B-schools offer MBA specializations, some of them also offer specialized programs. There are a variety of online MBA specializations that one can choose from. If one is looking for Online MBA specializations, then there is a list of as many as more than 80 MBA specializations one can opt for after the completion of courses that match their career goals. Online MBA colleges offer various courses such as PGP, MBA, Distance MBA, Executive MBA and PGDM with specialization in the following domains.
Human Resource Management: The primary responsibilities of HRM includes: organization and utilization of workforce, job analysis and staffing, implementation of reward systems for employees, measurement of workforce performance and maintenance of workforce.
Financial management: Their main objective is to review financial reports, prepare financial forecasts and monitor accounts.
Advertising & Brand Management: Brand managers are concerned in improving product sales and market share. They monitor and oversee advertising and marketing trends.
Marketing Management: Their main responsibility is analyzing and tracking the performance of campaigns and managing the marketing budget.
Supply Chain Management: They are responsible for managing the company's overall supply chain and overseeing them.
What after an Online MBA?
Most Online MBA schools use their own learning management systems to deliver the programme. Some use third parties while others develop on their own. Although both online and offline MBA courses have the same syllabus, the mode of delivery is different. MBA Online features a variety of virtual classrooms and live lectures that are delivered over the weekend.
The rise of digital education has been the result of the outbreak of the COVID-19 pandemic. The prevalence of smartphones and the increasing number of people wanting to learn has led to the rise of online education. While staying home-bound students can still pursue MBA in online mode. This course is very different from other professional courses. Online MBA has gained popularity due to its non-invasive nature. Unlike other professional courses, it doesn't require practical experiments.
Careers Opportunities after Online MBA Courses
Graduates of an online MBA programme have an opportunity to pursue different career paths. There are few common employment options including, finance, marketing, operations, accounting and management are the most sought career opportunities after completion of Online MBA programme in India.
Manager: A manager is a senior-level role. A manager is usually responsible for managing a department or overseeing various operations. This role reports to the Chief Executive Officer. A manager is responsible for the day-to-day operations of the department. He or she coordinates the work of the staff and supervises them.
Sales Manager: A sales manager heads the sales department. He or she is responsible for guiding the sales personnel, assigning them monthly targets and supervising their performance. He or she may provide them training to upgrade their skills to improve sales performance and pitch to potential customers and convince them to buy the product or service.
Marketing Manager: A marketing manager heads the marketing department. He or she is responsible for promoting and positioning the products and services of a company for higher sales conversion. He or she plans strategies for marketing campaigns to lure customers such as limited period discounts or special offers to make them buy products or services.
Brand Manager: A brand manager is responsible for building brand value and changing public perceptions for a brand. A brand manager works aligning with the organisation’s goals and ensures maximum profit by improving the general perception of people towards the company and its products and services.
Online MBA Top recruiters
There are numerous companies that provide employment opportunities to graduates of Online MBA. We have listed below top online MBA recruiters.
Online MBA Salary
The salary offered to graduates of Online MBA may vary depending on their skills, knowledge, specialisation, experience and employing organisation. We have provided below the salary of details for major Online MBA job profiles.
Rs. 12,00,000 (Glassdoor data)
Rs. 492583 (payscale.com data)
Rs. 683043 (payscale.com data)
Rs. 925106 (payscale.com data)
The graduates of online MBA are not limited to one sector. They find employment opportunities in numerous industries. The Online MBA is also becoming more popular among working professionals as they don't need to relocate or give up their job to pursue the course. Another reason why working professionals prefer to pursue an online MBA is that it is very economical and does not require the use of infrastructure.
Concerning the public sector, there are ample opportunities for these graduates in various fields mentioned below:
- Operations & Project Management
- Computer System
- Global Management
- International Business
- Human Resource
The private sector is rapidly growing with flourishing opportunities. Online MBA graduates in India can think of a stable career with the ability to adapt and evolve with the technological advancements. The employment areas where they can grow are mentioned below:
- Stock Trading
- Real Estate
- Fashion Industry
- Hospitality Industry
Top Private Online MBA Colleges in India
There are numerous management colleges that offer an online MBA degree programme. The academic curriculum, fee structure and facilities provided to students enrolled in an online MBA programme may vary depending on the college. We have listed below the top private Online MBA colleges.
Top Government Online MBA colleges in India
There are numerous business schools and management colleges in India but there are only a few colleges that offer an Online MBA. Karnataka State Open University is such a government Online MBA university where aspiring students may get themselves enrolled after fulfilling the minimum eligibility requirements.
Frequently Asked Question (FAQs) - Online MBA - Courses, Eligibility, Fees, Subjects, Exams, Top Colleges, Scope, Career
Question: What is the minimum education qualification for enrolling in an Online MBA in India?
The minimum educational qualification to enroll in an Online MBA is successful completion of 10+2+3 or 10+2+4 level of programme.
Question: What is the duration of an Online MBA?
The duration of an Online MBA is two years.
Question: What are various career options available for Online MBA graduates?
The various career options for Online MBA graduates in India are mentioned below:
Question: What are the top online MBA recruiters?
The top recruiters of Online MBA courses are listed below:
Taj Group of Hotels
Question: What is the average offered salary to online MBA graduates?
The average offered salary to online MBA graduates is Rs. 500,000 to Rs. 600,000 per annum.