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Top Cheapest Online MBA in India: Affordable Programs for 2024
- No-Cost EMI From ₹5100/-
- Subsidy Available upto ₹20,000/-
Online education has made a long-in-demand MBA accessible as never before. Still, rising tuition makes the already daunting endeavor of an MBA even more discouraging. For those looking for a balance between quality and affordability, an inexpensive option can be an excellent lead: the cheapest online MBA in India. An expensive affair for a high-class management education is reserved for those who can afford it. In this guide, we will cover the lowest-cost online MBA in India, elaborating fee, specialization, and features of such courses.
Why Choose the Cheapest Online MBA in India?
The requirement for an MBA often arises as a result of career goals; however, the prices associated with it become a hindrance for many. It has a solution in the cheapest online MBA in India that provides the best quality of education at a very minimal cost in comparison with other traditional MBA programs. No matter whether you are a working professional or a recent graduate, such affordable programs exist to enable you to be equipped with the finest skills and knowledge to achieve business success.
opting for the cheapest online MBA in India does not impact quality education. Many of these programs are available through highly accredited universities that ensure you have a well-rounded education in all main aspects, such as management, finance, marketing, and more. In addition, online programs offer far greater flexibility to study at your own pace so that you are able to balance work or other commitments.
Top 4 Cheapest Online MBA in India
1. Indira Gandhi National Open University (IGNOU)
IGNOU has led distance learning into the new century, and indeed one of the cheapest online MBA programs available is offered here. That is for anyone looking for an accredited, affordable, and convenient MBA program.
- Registration Fee: ₹300
- Course Fee: ₹15,500 per semester
- Exam Fee: ₹200 per paper
IGNOU Specialisations offered in MBA :
- Marketing Management
- Finance Management
- Human Resource Management
- Operations Management
- Business Analytics
- International Trade Management
- Supply Chain Management, among others.
Programme Structure : IGNOU online MBA is a four-semester long program. The basic subjects covered are:
- MMPC-01: Management Functions and Organizational Processes (4 Credits)
- MMPC-02: Human Resource Management (4 Credits)
- MMPC-03: Business Environment (4 Credits)
- MMPC-05: Quantitative Analysis for Managerial Applications (4 Credits)
- MMPC-06: Marketing Management (4 Credits)
- MMPC-07: Business Communication (4 Credits)
- MMPC-08: Information Systems for Managers (4 Credits)
- MMPC-09: Management of Machines and Materials (4 Credits)
- MMPC-10: Managerial Economics (4 Credits)
- MMPC-11: Social Processes and Behavioral Issues (4 Credits)
- MMPC-12: Strategic Management (4 Credits)
- MMPC-13: Business Laws (4 Credits)
- MMPC-14: Financial Management (4 Credits)
- MMPC-15: Research Methodology for Management Decisions (4 Credits)
- MMPC-16: International Business (4 Credits)
- MMPP-01: Project Course (Equivalent to 2 Courses) (4 Credits)
- MMPC-17: Advanced Strategic Management (4 Credits)
- MMPC-18: Entrepreneurship (4 Credits)
- MMPC-19: Total Quality Management (4 Credits)
- MMPC-20: Business Ethics and CSR (4 Credits)
Eligibility Criteria: To be eligible for IGNOU’s online MBA program, candidates must possess:
- A bachelor’s degree with a minimum of 50% marks (45% for reserved categories) or a relevant professional qualification.
- Admission is contingent upon scores from entrance tests (OPENMAT, MAT, CMAT) as well as academic performance.
For more details, please visit: IGNOU Online MBA
2. Uttaranchal University Online: Affordable with Great Flexibility
If you want the lowest online MBA in India, then Uttaranchal University is another gem that comes to your aid. The curriculum is totally comprehensive while offering flexibility in a fee structure. It certainly can be a good money-spinner in terms of ROI.
- Total Program Fee: ₹82,000 (semester-wise payments)
- Yearly Fee Payments: ₹40,000 per year (two years)
MBA Specializations:
- Marketing Management
- Digital Marketing
- Human Resource Management
- Business Analytics
- International Business
- Information Technology
- Logistics and Supply Chain Management
Course Structure:
- OMBA-111: Principles and Practices of Management (4 Credits)
- OMBA-112: Accounting for Managerial Decisions (4 Credits)
- OMBA-113: Economics for Managers (4 Credits)
- OMBA-114: Business Environment (4 Credits)
- OMBA-115: E-Commerce (4 Credits)
- OMBA-121: Emerging Business Law (4 Credits)
- OMBA-122: Business Research Methods (4 Credits)
- OMBA-123: Marketing Management (4 Credits)
- OMBA-124: Business Analytics (4 Credits)
- OMBA-125: Operations Management (4 Credits)
- OMBA-231: Strategic Management (4 Credits)
- OMBA-232: Supply Chain Management (4 Credits)
- OMBA-233: Financial Statement Analysis (4 Credits)
- OMBA-234: Specialization Paper 1 (4 Credits)
- OMBA-235: Specialization Paper 2 (4 Credits)
- OMBA-241: Entrepreneurship Development (4 Credits)
- OMBA-242: Corporate Governance (4 Credits)
- OMBA-243: Specialization Paper 1 (4 Credits)
- OMBA-244: Specialization Paper 2 (4 Credits)
- OMBA-245: Project Work (4 Credits)
For more details, please visit: Uttaranchal University Online MBA
3. Shoolini University Online: A Blend of Innovation and Affordability
This is one of the cheapest online MBA options in India, with focus on innovation and leadership. The cutthroat subjects incorporated into their MBA course include digital marketing, AI-driven interview preparations, and modern leadership skills.
- Per Semester Fee: ₹37,500
- Application Fee: ₹500
Specializations Available:
- Marketing Management
- Human Resource Management
- Financial Management
- Digital Marketing
- Retail Management
- Banking & Insurance
- Operations & 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
Semester Breakdown:
- Marketing Management
- Organizational Behaviour
- Financial Accounting
- Entrepreneurship
- Creativity Decoded
- Open Elective
- Digital and Technological Solutions
- Functional English – 1
- Human Resource Management
- Financial Management
- Marketing Research
- Managerial Economics
- Consumer Behaviour
- Open Elective
- Functional English – 2
- Saying it with Presentation
- Food Science and Technology
- Fundamentals of Direct Selling
- Legal Aspects of Business
- Statistics for Management
- Specialization Elective 1 (Major)
- Specialization Elective 2 (Major)
- Specialization Elective 1 (Minor)
- Open Elective
- Acing Interviews through AI
- Introduction to Editing
- Future Leader’s Program
- Capstone Project
- Specialization Elective 1 (Major)
- Specialization Elective 1 (Major)
- Specialization Elective 1 (Minor)
- Sales Management
- A bachelor’s degree of a minimum of 3 years duration.
- At least 50% marks (45% for candidates belonging to reserved categories; 60% for international students) in the qualifying examination.
- Reservation of seats as per government policies.
For more details, please visit: Shoolini University Online MBA
4. Vivekananda Global University: The Most Flexible Payment Plans
It is one of the most affordable online MBA in India, the charges for which can be easily managed with the EMI payment facility it has availed for its students. Additionally, it has specialization areas that make it more ideal for working professionals to specialize in different fields of industries.
Semester Fee With EBD ₹24,375 Without EBD ₹32,500 Full program Fee With EBD ₹97,500 Without EBD ₹1,30,000 EMI Option Starting from ₹5,416 per month for 18 months. Specializations
Semester Breakdown:
- Managerial Economics
- Quantitative Methods for Management
- Accounting for Managers
- Legal Aspects of Business
- Management Concepts
- Organizational Behaviour
- Business Environment
- Business Ethics
- Human Resource Management
- Financial Management
- Marketing Management
- Research Methodology
- Management Information System
- International Business Management
- Total Quality Management
- Business Communication
- Elective 1
- Elective 2
- Compulsory Subjects:
- Project Management (MBM 301)
- Supply Chain Management (MBM 302)
- Strategic Management (MBM 304)
- Entrepreneurship & Innovation Management (MBM 305)
- Specializations Available:
- Marketing
- Human Resource Management
- Financial Management
- Agri Business
- International Business Management
- Healthcare Management
- Operations Management
- Information Technology Management
- Compulsory Subjects:
- Project Management (MBM 301)
- Supply Chain Management (MBM 302)
- Strategic Management (MBM 304)
- Entrepreneurship & Innovation Management (MBM 305)
- Specializations Available:
- Marketing
- Human Resource Management
- Financial Management
- Agri Business
- International Business Management
- Healthcare Management
- Operations Management
- Information Technology Management
- Practical Training in Industry
Final Thoughts: Is the Cheapest Online MBA in India Worth It?
Pursuing a cheappresent opportunity for the cheapest online MBA in India to be acquired in a globally recognized degree without the costs. The institutions, such as IGNOU, Uttaranchal University, Shoolini University, and Vivekanand Global University, are offering these programs, meeting the needs of the learners of the modern world with the aspect of flexibility in their learning process, affordability, and quality education.
Such programs offer excellent value for career advancement without such onerous financial burdens of other options. If you’re looking for an excellent combination of affordability and quality education, then the cheapest online MBA in India could be your best bet!
