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Top 5 Online MBA Colleges in India 2024
Jul 26, 2024
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Top 5 Online MBA Colleges in India 2024

In the dynamic landscape of global business, where innovation meets strategy and leadership is paramount, the Master of Business Administration (MBA) stands as a beacon of excellence. Recognized for its ability to transform careers and advance professional courses, an MBA equips individuals with the knowledge, skills, and networks essential to succeed in today’s competitive business environment. Bodies like the AICTE and UGC certify MBA university and their programs in India. Distance Education Bureau (DEC) is another leading body that accredits distance MBA programs in the country.

This blog delves into the top 5 MBA universities in India for 2024, each well-known for its academic excellence, industry connections, and alumni success stories. Let’s explore what makes these universities stand out, their impressive offerings, and how they can cover the way for your professional journey in the dynamic world of business. 

What is an MBA?

The Master of Business Administration is a proficient post-graduate program, The MBA program covers the different areas of business administration such as finance, marketing, human resources, accounting, business communications, and numerous more. Throughout the educational journey students learn leadership qualities, sharpen analytical thinking, and instill a deep understanding of business fundamentals. It empowers individuals to navigate complex challenges confidently and clearly, preparing them to guide organizations toward success.

Features 

Details

Course Name 

Masters of Business Administration 

Course Level

Postgraduation

Course duration

2 years 

Course Eligibility

  • Completed graduation from any recognized university 
  • Scored well in the common entrance exams like GMAT or GRE. 
  • Top B-Schools also set work experience as their criteria for MBA admission. 

Course Fees Structure 

INR 3 lakh to INR 15 lakh

Career opportunity 

  • Management consulting
  • Investment banking 
  • Entrepreneurship
  • Product Manager
  • HR, and More

Average Salary 

5 LPA to 15 LPA

5 Online MBA Program Universities India 2024 

Many top universities in India offer Online MBA Programs, Online MBA is similar to Regular MBAs, if you are a working professional and you can't spare two years of your life to attend a full-time residential program, putting your career on hold, an online MBA will be a great option as you will get to study all the same things and get all the same opportunities as the regular MBA university offers, and without having to step out of your homes and compromising your current job.

So here’s a list of the best management universities 

1. Xavier School of Management (XLRI), Jamshedpur

Xavier School of Management (XLRI) founded in 1949 is a private business school run by the Society of Jesus in Jamshedpur, Jharkhand, India. It is the oldest business school and the most esteemed university/ educational institution trailblazing management and administration education in India. It has built a wealthy bequest in the domain of management education. The institute offers an AICTE-approved online PGDM program that presents an opulent blend of academic expertise and opportunities to work on real-time industry projects. The Online MBA program offered by the university is designed for working professionals looking to enhance their managerial skills and advance their careers in various industries. 

Features 

Details

Course Name 

Online Masters of Business Administration 

Course Level

Postgraduation

Course duration

2 years 

Course Eligibility

- Graduation degree with a minimum of 50% marks from a recognized university 

 

-Must be a full-time working professional 

Specializations Offered  

  • Business Analytics 
  •  Information technology 
  •  Finance
  •  Marketing 
  •  Economics, and More

Career opportunity 

  • Management consulting
  • Investment banking 
  • Entrepreneurship
  • Product Manager
  • HR, and More

Fees stature 

INR 6 LPA - INR 13 LPA*

Accreditation and approvals 

AICTE approved 

2. S.P. Jain Institute of Management & Research 

S.P. Jain Institute of Management and Research is a leading Indian business school established in 1981, situated in the heart of Mumbai, known for its innovative pedagogy, and has received international accreditation from AACSB. The program is delivered online with interactive sessions and typically requires candidates to have significant work experience. The program ensures a rewarding learning journey for students. 

Features 

Details

Course Name 

Online Masters of Business Administration 

Course Level

Postgraduation

Course duration

2 years 

Course Eligibility

Graduation degree with a minimum of 50% marks from a recognized university  

Specializations Offered  

  • Analytics 
  •  operations 
  •  Information technology 
  •  Finance
  •  Marketing, and More

Career opportunity 

  • Management consulting
  • Financial services  
  • Investment banking 
  • Entrepreneurship
  • Real Estate Management and More

Fees stature 

INR 5 LPA - INR 10 LPA* 

Approvals and accreditation 

AICTE, UGC, DEB, NAAC, AACSB

3. Indian Institute of Foreign Trade (IIFT) 

The Indian Institute of Foreign Trade(IIFT) was established in 1963, and functions under the Ministry of Commerce and Industry of the government of India. IIFT has grown into a world-class business school offering opportunities for Online learning as well. IIFT is recognized globally for its research and education in these domains. It covers specializations related to International Business, Trade, and finances. 

Features 

Details

Course Name 

Online Masters of Business Administration 

Course Level

Postgraduation

Course duration

2 years 

Course Eligibility

Graduation degree with a minimum of 50% marks from a recognized university  

Specializations Offered  

  • Intranational Business 
  •  Trade
  •  Finance, and More

Career opportunity 

  • International Business Manager 
  • Trade Finance Manager 
  • Financial Analyst 
  • Export Manager, and More

Fees stature 

*INR 3 LPA - INR 8 LPA 

Approvals and accreditation 

UGC-DEB, NAAC, AICTE 

4. Amity University 

Amity University was established as a state-private university in 2005, It was India’s first private university to implement merit-based scholarships for students. And also became the first university in 2009 to receive UGC recognition for various online courses. The program is structured to provide a bend of theoretical knowledge and practical skills relevant to contemporary business challenges, It is aimed at working professional who want to advance their career. The university has developed into one of the best online education suppliers in the nation.

Features 

Details

Course Name 

Online Masters of Business Administration 

Course Level

Postgraduation

Course duration

2 years 

Course Eligibility

-Graduation degree with a minimum of 40% marks from a recognized university

-The university has its entrance exam   

Specializations Offered  

  • Business Analytics 
  •  Management operations 
  •  Retail Management 
  •  Finance 
  •  Marketing, and More

Career opportunity 

  • Trade analyst
  • Corporate Finance Manager 
  • Technology Management 
  • Entrepreneurship, and More

Fees stature 

*INR 8 LPA - INR 16 LPA 

Approvals and accreditation 

UGC-DEB, NAAC 

5. Chandigarh University 

Chandigarh University was established in 2012 by the Punjab state legislature and offers a UGC-entitled and AICTE-recognized online MBA program. The program is designed with industry experts to ensure that it meets the latest industry standards. It offers a unique and innovative PGDM program with an advanced curriculum and state-of-the-art infrastructure to foster creativity in young minds. 

Features 

Details

Course Name 

Online Masters of Business Administration 

Course Level

Post Graduation

Course duration

2 years

Course Eligibility

-Graduation degree from a recognized university

 

Specializations Offered  

  • Operations 
  •  General Management 
  •  Finance 
  •  Marketing, and More

Career opportunity 

  • Warehouse Manager 
  • Product Manager 
  • Sales Manager 
  • Investment Banking and More

Fees stature 

*INR 3 LPA - INR 7 LPA 

Approvals and accreditation 

 

UGC, NAAC 

Also Read: Online BBA From Jain University Online: Course, Fee, Placement and all

These universities offer online MBA programs designed for working professionals seeking to enhance their managerial skills and advance their careers without interrupting their current jobs. It's advisable to visit the official website of the desired university for information regarding eligibility, fees, duration, and available specialization.  

As already examined, the list of top online MBA universities depends on multiple factors including your interests, dreams, and passions. Therefore, you must begin to self-evaluate your needs and objectives for choosing an Online MBA. 

An online MBA program is similar to a regular MBA program.  The academic standards of a regular and online MBA are equivalent.

Yes, an online MBA is accepted by employers, provided that the program is accredited by recognized bodies such as the UGC, AICTE, and DEB. 

The online mode of education is more cost-effective than the regular mode of education, as in online mode you save money on accommodation and traveling expenses. 

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