Online MBA, Eligibility, Syllabus, Admission 2024, Fees, Entrance Exams, Top Colleges And Careers
Online MBA is a two-year postgraduate management degree programme. Recognised by UGC, online MBA courses emphasise the concepts of finance, marketing, accounting, and more. Several universities, such as Amity University and UPES, offer the best online MBA in India. Candidates are offered online MBA admission after a bachelor’s degree.
Online MBA: Eligibility, Syllabus, Admission 2024, Fees, Entrance Exams, Top Colleges
and Careers
Many top online MBA colleges in India offer admission based on scores obtained in management entrance exams, while some conduct their admission test. The average fee for an online MBA in India ranges from Rs. 30,000 - Rs. 5,00,000. Online MBA programs offer flexibility and convenience, especially making it beneficial for working professionals.
While an MBA degree online is completely delivered virtually, students are not required to visit the campus physically. Read on to get more details about the course, eligibility criteria, admission process, syllabus, top colleges, fees, career scope and more.
Online MBA Highlights
The table below highlights all about online MBA courses, including eligibility criteria, top colleges, fees, admission process, career opportunities, and top recruiters.
Particulars | Value |
---|---|
Course Type | Degree |
Course Level | Postgraduate |
Duration | 2 Years |
Online MBA Eligibility Criteria | Bachelor’s and Work Experience (for some programs) |
Admission Process | Merit and Entrance Examination |
Top online MBA specializations | Marketing, Finance, Operations Management, Human Resource Management, Business Analytics, International Business |
Entrance Examination | - |
Average Fee | Rs. 30,000 to Rs. 500,000 |
Top Online MBA Colleges | Amity Online, Jain University, UPES Dehradun, IFHE Hyderabad, Manipal University |
Career Opportunities | 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 |
Employment Areas | Finance, Banking, Insurance, Advertisement, Human Resource Management, Marketing, Entertainment, Information Technology |
Top Recruiters | Amazon, Flipkart, Microsoft, TCS, HCL, Deloitte |
What is Online MBA?
An online MBA is a graduate-level management programme. The online MBA full form is an online Master of Business Administration, providing students with the knowledge and skills required to gain management positions or become entrepreneurs. The course allows students to choose from various specialisations to pursue their desired careers.
Online MBA programs are offered by several top universities in India. Aspiring candidates can pursue an MBA degree online in different specialisations and land careers in their chosen fields. Some of the popular online MBA specialisations include finance, marketing, international business, healthcare management, cybersecurity, HR management, IT, operations management, and more.
Online MBA programs in India are more affordable and accessible than regular MBA Students can attend online MBA classes via live lecturers and interact with the faculty and peers through virtual discussion forums. After completing the programme, graduates can explore careers in diverse areas, including banking, finance, e-commerce, healthcare, real estate, IT, advertising, entertainment, and more.
Why Study Online MBA?
An online MBA course helps advance management skills while opening up various exciting career opportunities. It offers numerous benefits such as recognition, flexibility, networking opportunities, global perspective and expert learning. Most online MBA courses in India offer the same curriculum and faculty members as on-campus MBA programs.
Some other online MBA benefits are as follows:
- Self-paced learning
- Career advancements
- Higher remuneration to
- Vast employment opportunities
- Industry exposure
Who Can Enrol in Online MBA?
Online MBA courses are apt for working individuals and graduates who seek a career in business and management fields. It helps excel in one’s career without compromising his or her current job. Individuals who want to become entrepreneurs or advance their pay scales can enrol in the top online MBA colleges in India.
Candidates who can study and benefit from an online MBA include:
Working Professionals : An MBA degree online benefits individuals who are working and looking to improve their career prospects.
Entrepreneurs : An MBA degree online can be pursued by business owners and entrepreneurs who want to develop a strong foundation in business concepts and management strategies for their businesses.
Career Changers : Individuals who are looking for a career transition within the business world can pursue an online MBA.
Recent Graduates : Freshers or graduates who have recently completed their graduation and are looking to gain a competitive edge in today’s business world can opt for an online MBA in India.
Thus, an online MBA helps improve an overall understanding of business concepts and develop skills in business administration and management to succeed in the dynamic business world.
Online MBA Eligibility Criteria
The minimum online MBA qualification is a bachelor’s degree. The aggregate marks may vary from one college to another. Some MBA colleges also consider the scores obtained in management entrance exams like XAT, CAT, MAT, CMAT, and SNAP. Aspirants must meet the following online MBA eligibility criteria to pursue the best MBA courses online:
- Graduation in any discipline from a recognised university, with minimum marks of 50% (45% for SC/ST)
- Must have qualified for an MBA entrance exam conducted by universities or institutes
- Students pursuing their final year of graduation are also eligible to apply for online MBA courses
- Relevant work experience has an added advantage
- No age bar to applying for online MBA courses
Top UGC Approved Colleges for Online MBA
Download this ebook and get all details related to the top UGC approved colleges for Online MBA.
Online MBA Admission 2024
The online MBA admission process may vary from one institute to another. Some institutes may offer admission based on merit while others take provide on entrance exams or have their own online MBA admission tests. After meeting online MBA qualifications, aspirants can follow the below-mentioned admission processes:
- Visit the official website of the university of your choice
- Register yourself by creating your own credentials
- Complete the application form online by filling in the required details
- Submit the necessary documents with the application form
- Pay the application fee
- Wait for admission confirmation
- After that, complete the payment of the programme fee
Online MBA Entrance Examinations
Many top online MBA schools only consider the graduation marks and not the entrance exam score for admission. On the other hand, some online MBA universities provide admission based on an entrance examination. There are various management entrance exams some of which are mentioned below.
Xavier Aptitude Test (XAT) - The **** Xavier Aptitude Test is a national- level management entrance exam conducted by XLRI Jamshedpur for admission to online MBA programs. Those who want to pursue the best online MBA in India can appear for XAT and gain admission.
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 February, May, September and December. So, taking MAT is the best option to get admitted to online MBA programs in India.
Symbiosis National Aptitude Test (SNAP) - It is a national-level entrance exam conducted by Symbiosis International University (Deemed University) for admission to its online PGDM courses in India. After taking SNAP entrance tests, candidates can apply to those colleges offering the best online MBA courses.
Common Management Admission Test (CMAT) - The **** National Testing Agency (NTA) conducts the CMAT annually to offer admission to management courses. CMAT is an online (computer-based) entrance exam and its scorecard is valid for admission to online PGDM courses in India.
Popular Colleges Offering Online MBA
Several colleges and universities in India offer online MBA courses in different specialisations. Students must visit the official website of their chosen college and enrol in the best to fulfil their personal and professional goals.
Online MBA Duration
The minimum online MBA course duration is two years. However, some universities allow students to complete the programme with a maximum duration of four years. The curriculum of an online MBA is structured across four semesters of six months each. The programme is designed to be flexible to accommodate the needs of working professionals and individuals with other commitments.
Skills Required for Online MBA Courses in India
Students willing to study MBA online courses in India must possess unique skill sets to enhance their learning experience and upgrade their knowledge. We have listed below some of the major skills one must acquire to pursue the top online MBA programs.
- Communication
- Project Management
- Leadership
- Eye for Details
- Organisation
- Strategic Thinking
- Decision Making
- Time Management
Online MBA Syllabus and Subjects
Online MBA courses are similar to regular MBA programs structured across four semesters over two years. The online MBA syllabus contains foundational subjects, core subjects, specialisations, electives, and capstone projects. The online MBA subjects may vary depending on the institution and the specific specialisation. Below, we have mentioned the semester-wise syllabus of Amity Online MBA
Online MBA 1st Year Subjects
Semester 1 | Semester 2 |
---|---|
Managerial Economics | Legal Aspects of Business |
Professional Communication | Financial Management |
Statistics for Management | Business Research Methods |
Accounting for Managers | Human Resource Management |
Marketing Management | Conflict Resolution and Management |
Online MBA 2nd Year Subjects
Semester 3 | Semester 4 |
---|---|
Strategic Management | Management in Action - Social Economic and Ethical Issues |
Professional Ethics | Digital Marketing |
Minor Project | Major Project |
Popular Online MBA Specializations
There are various specialisations available in an online MBA. Students can choose from different online MBA specializations based on their area of interest. Mentioned below is the list of online MBA specializations one can opt for and accomplish their career goals.
Online MBA Career Options: Job Profiles, Salary and Top Recruiters
Pursuing an MBA degree online not only provides business concepts but also opens up a variety of career opportunities. Graduates can explore a wide range of employment opportunities in diverse fields, both private and public. With an online MBA, students can prepare themselves for leadership positions in a variety of businesses.
After completing an MBA degree online, graduates can work as an operations manager, financial advisor, or general manager, and contribute to the organisation’s goals. Below we have discussed some of the popular job roles one can pursue after an online MBA.
Jobs After Online MBA Courses
Online MBA graduates have an opportunity to pursue different career paths. There are various online MBA career options you can pursue based on your area of interest. Finance, marketing, operations, accounting and management are some of the most popular areas you can choose after completing an MBA degree online.
Some of the popular online MBA job roles are as follows :
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.
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 pitch to potential customers and convince them to buy the product or service.
: 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.
- This is one of the highest-paying MBA jobs in both the private and public sectors. A Financial Advisor is responsible for providing financial services to clients based on their financial situation. Although most financial advisors offer advice on a wide range of areas, some specialise in functions such as retirement or risk management.
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 Salary in India
The salary offered to online MBA graduates may vary depending on their skills, knowledge, specialisation, experience and employment organisation, and industry. We have discussed below the online MBA salaries based on major online MBA job profiles.
Job Profile | Average Salary (annually) |
---|---|
Business Manager | Rs. 1,008,754 |
Sales Manager | Rs. 6,05,589 |
Marketing Manager | Rs. 7,19,023 |
Brand Manager | Rs. 8,42,544 |
Accountant | Rs. 2,80,854 |
Online MBA Employment Areas
Online MBA graduates are not limited to one sector. They can find employment opportunities in diverse industries in both the public and private sectors. Online MBA courses in India are also becoming popular among working professionals as individuals do not need to relocate or compromise their jobs to pursue this course.
Another reason why working professionals prefer to pursue online MBA programs in India or online MBA from IIMs is that an online MBA is very economical and does not require any kind of infrastructure. Concerning the public sector, there are ample opportunities for online MBA graduates in diverse fields mentioned below:
- Operations and Project Management
- Finance
- Computer System
- Accounting
- Entrepreneurship
- e-Business
- Healthcare
- Global Management
- International Business
- Human Resource
The private sector is rapidly growing with flourishing opportunities. Online MBA graduates in India can pursue a lucrative career with the ability to adapt and evolve with technological advancements. The employment areas where online MBA graduates can grow are as follows:
- Stock Trading
- Finance
- Real Estate
- Fashion Industry
- Hospitality Industry
Online MBA Top Recruiters
Several top companies offer employment opportunities to online MBA graduates for various roles and positions. These companies recruit candidates to meet their business objectives and goals. Some of the top online MBA recruiters are as follows:
- Amazon
- Flipkart
- Swiggy
- HCL
- TCS
- Deloitte
- JP Morgan Chase
- Microsoft
Conclusion
An online MBA in India will help you excel in your career. It will equip you with essential knowledge and skills in business and management while paving the way for lucrative opportunities in the fields of economics, finance, healthcare, human resource management, and consultancy, among others.