cheapest online mba in india

India is an important country for education, and today, we are going to discuss the cheapest online MBA programs that start from ₹62,000, conducted by IGNOU. Fees by top colleges may go as high as ₹2,00,000. There are lots between ₹62,000 and ₹2,00,000. We will discuss all of them today to help you to make the right choice for your college. Let’s get started and look at the cheapest online MBA colleges in India!

An online MBA may be the best way to improve your business education without stopping your job. Many well-known colleges offer online MBA courses, making an online MBA in India a great choice for people who want a management degree at a low price.

Top 14 Most (Affordable) Cheapest Online MBA in India 2025

We are presenting the list of the cheapest (Most Affordable ) online MBA programs in India for 2025, complete with updated fees. This table will help you find affordable options to advance your business career without breaking the bank.

College NameFees Per Semester (₹)Total Fees (₹)
IGNOU15,50062,000
Uttaranchal University20,50082,000
Shoolini University22,50090,000
Hindustan Online Centre for Open and Digital Education (CODE)30,0001,20,000
Jain Online Deemed University37,5001,50,000
Chandigarh University Online37,5001,50,000
UPES Center for Online and Distance Learning37,5001,50,000
Lovely Professional University Online39,0001,56,000
Sharda University Online80,000 (Annual)1,60,000
DY Patil Vidyapeeth Centre for Online Learning (COL)42,5001,70,000
Online Manipal University43,7501,75,000
Amity University₹49,750₹1,99,000
ICFAI Hyderabad Online200000
NMIMS Global Access55,000/2,10.000

Top 14 Cheapest (Most Affordable) Online MBA In India 2025

An online MBA program can provide the flexibility and convenience needed to advance your career while balancing other responsibilities. Choosing an online MBA at a low cost is key to maximizing your return on investment. Here are the top 14 most affordable online MBA programs in India for 2025 based on total program fees:

1. IGNOU: Total Fee: ₹62,000/-

Cheapest Online MBA in India

Indira Gandhi National Open University (IGNOU) offers online MBA programs in specializations like marketing management, financial management, human resource management, operations management, and services management.

  • Recognized by UGC-DEB, AICTE, NCT, INC., and NAAC (A++)
  • Government-operated national university
  • Aims to provide affordable and quality higher education.
Recognition & AccreditationUGC, NAAC, AICTE
Affordable Online MBA Programs to Pursue from IGNOUGeneral MBA
MBA in Banking & Finance
MBA in Human Resources Management
MBA in Financial Management
MBA in Operations Management
MBA in Marketing Management
EligibilityPassed Bachelor Degree of Minimum 3 years duration
At least 50% marks (45% in case of candidates belonging to reserved category).
Fees Per SemesterRs 15,500/-
Total FeesRs 62,000/-
Placement AssistanceYes
Additional InformationFlexible learning schedules available
IGNOU online MBA 2025

Total Fee: ₹62,000/-

2. Uttaranchal University ( Total Fees 80,000 )

Online MBA Under 1 Lakh

Uttaranchal University, a premier online institution in Dehradun, Uttarakhand, offers quality education. Managerial skills are imparted through live classes, personalized mentorship, an integrated learning management system and e-library. Affordable fees are maintained by the university, making education accessible. Placement assistance is provided to aid students in their career development.

  • Recognized by UGC-DEB
  • Also accredited by AICTE, NAAC, and QS
  • Industry-oriented curriculum
Recognition & AccreditationUGC, AICTE, NAAC
Affordable and In-Demand MBA Courses– MBA in Marketing Management
– MBA in Digital Marketing
– MBA in Human Resources
– MBA in Business Analytics
– MBA in Financial Management
– MBA in International Business
– MBA in Information Technology
Eligibility– Bachelor’s degree in any discipline from any recognized university or an equivalent degree
– Minimum 50% marks in aggregate in graduation or 45% marks for reserved category
– 2 years of work experience
Fees Per SemesterRs. 20,500/-
Total FeesRs. 82,000/-
Cost-Effective Fee StructureRs. 80,000/- (if paid yearly – Rs. 40,000)
Placement AssistanceYes

Total Fee: ₹80,000

3. Shoolini University with Pay After Placement Option 90,000

  • MBA Specializations:
  • Marketing Management,
  • Human Resource Management,
  • Financial Management,
  • Digital Marketing,
  • Retail Management,
  • Operation Management,
  • Banking & Insurance,
  • Logistics & Supply Chain 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
Recognition & AccreditationUGC, NIRF
Affordable Online MBA Course to Pursue at Shoolini University
EligibilityBachelor’s degree required from a recognized university/institution, at least 50% marks (45% marks for reserved categories)
Fees Per SemesterRs. 22,500/-
Total FeesRs. 90,000/-
Fees per Semester with Placement FacilityRs. 15,000/-
Pay After PlacementRs. 60,000/-
Placement AssistanceYes, with Pay After Placement MBA option

4. Hindustan Online Centre for Open and Digital Education (CODE): Total Fee: ₹1,20,000/-

Cheapest Online MBA in India

Hindustan Online CODE offers an online MBA in blended mode with specializations like finance, HR, marketing, fintech, operations, healthcare management, aviation management, etc.

  • Recognized by UGC-DEB
  • Also accredited by AICTE, NAAC (A), and NIRF ranking (107)
  • Provides placement assistance and career counseling.

Hindustan CODE Online MBA 2025

FieldDetails
InstitutionIGNOU
Recognition & AccreditationNIRF, A+ NAAC
ProgramsMBA in:
– Finance
– Marketing
– Human Resources
– Marketing & Finance
– HR & Finance
– General Management
– FinTech
– Project Management
– IT Management
– Healthcare Management
– Logistics & Supply Chain
– Digital Marketing & eCommerce
– Analytics & Data Science
– Sports Management
– Operations Management
Eligibility– Bachelor’s Degree in any discipline
– Min. 50% aggregate (45% for reserved categories)
Fees/SemesterRs. 30,000/-
Total FeesRs. 1,20,000/-
Placement AssistanceYes
Additional InformationInternship opportunities available

Total Fee: ₹1,20,000/-

5. Jain Online Deemed University: Total Fee: ₹1,50,000/-

Cheapest Online MBA in India

Jain Online offers an online MBA with 24 specializations like aviation, healthcare, finance, marketing, HR, etc.

  • Recognized by UGC-DEB
  • Has over 24 specializations
  • Provides placement assistance.

Jain Online MBA 2025

Recognition & AccreditationNAAC A++, NIRF
Most Affordable Online MBA Programs of Jain UniversityMBA in Finance
MBA in Marketing
MBA in Systems and Operations Management
MBA in General Management
MBA in Human Resource Management
EligibilityPass in an undergraduate program
A minimum of 50% marks (5% relaxation for reserved class).
Fees Per SemesterRs 37,500/- (only for the above-mentioned programs)
Total FeesRs 1,50,000/- (only for the above-mentioned programs)
Placement AssistanceYes
Additional InformationIndustry-relevant curriculum

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6. Chandigarh University Online ₹1,50,000

  • Recognized by UGC-DEB
  • Also accredited by AICTE, AIU, and NAAC (A+)
Payment OptionFee (INR)Discount ApplicableTotal Fee (INR)
Annual75,000Yes (25% Early Bird Discount)1,50,000
Semester37,500Yes (25% Early Bird Discount)1,50,000

Fee: ₹50,000/- per semester

7. UPES Center for Online and Distance Learning: Total Fee: ₹1,50,000/-

Cheapest Online MBA in India

The University of Petroleum and Energy Studies offers online MBA specializations like HR, marketing, finance, business analytics, etc.

  • Recognized by UGC-DEB
  • Specialized programs related to petroleum and energy

UPES Online MBA 2025

Recognition & AccreditationNIRF, NAAC
Affordable Online MBA Programs of UPES UniversityMBA in International Business
MBA in Business Analytics
MBA in Digital Business
MBA in Human Resource Management
MBA in Marketing Management
MBA in Operations Management
MBA in Infrastructure Management
MBA in Financial Management
EligibilityBachelor’s degree from a recognized university/institution.
Fees Per SemesterRs. 37,500/-
Total FeesRs. 1,50,000/-
Placement AssistanceNot specified
Additional InformationFlexible learning options available

Total Fee: ₹ 1,50,000/-

8. Lovely Professional University Online: Total Fee: ₹1,56,000/-

Cheapest Online MBA in India

LPU Online offers MBA specializations in marketing, HR, finance, data science, etc.

  • Recognized by UGC-DEB
  • A globally renowned university
  • Provides excellent placement assistance.

LPU Online MBA 2025

FieldDetails
ProgramsMBA in Finance, Marketing, HR Management, Data Science, Digital Marketing, Business Analytics, International Business, Information Technology, Operations Management
EligibilityBachelor’s degree from a recognized university/institution
Fees/SemesterRs. 39,000/-
Total FeesRs. 1,76,000/-
One-time FeeRs. 1,56,000/-
Placement AssistanceYes

These figures are based on the standard fees and the fees with a 25% student grant.

9. Sharda University Online University (Fees 100,000)

Recognition & AccreditationUGC, NIRF
Affordable Online MBA Course to Pursue at Shoolini University
EligibilityBachelor’s degree required from a recognized university/institution, at least 50% marks (45% marks for reserved categories)
Total FeesRs. 1,60,000/-
Placement AssistanceYes, with Pay After Placement MBA option

10. DY Patil Vidyapeeth Centre for Online Learning (COL): Total Fee: ₹1,70,000/-

D Y Patil University School of Management Online MBA

DPU-COL offers an online MBA with specializations like finance, healthcare management, HR, marketing, operations, AI and machine learning, etc.

  • Recognized by UGC-DEB
  • Also accredited by AICTE, AIU, WES, ACU, ISO, NAAC (A++), and NIRF
  • Provides placement assistance.

DPU-COL Online MBA 2025

Recognition & AccreditationUGC, NAAC, AICTE, NIRF
DY Patil University’s Affordable MBA SpecializationsMBA in Sales And Marketing (SM)
MBA in Human Resource Management (HRM)
MBA in Hospital And Healthcare Management (HHM)
MBA in Finance (FIN)
MBA in Retail Management (RM)
MBA in Logistics & Supply Chain Management (LSM)
MBA in International Business (IB)
MBA in Entrepreneurship Management (EM)
MBA in Event Management (EVM)
MBA in Digital Marketing (DM)
MBA in Data Science And Business Analytics (DS)
EligibilityBachelor’s degree from a recognized university/institution.
A minimum of 50% marks in aggregate in graduation (45% for reserved categories).
Fees Per SemesterRs. 42,500/-
Total FeesRs. 1,70,000/-
Placement AssistanceYes
Additional InformationIndustry-focused curriculum

Total Fee: ₹1,70,000/-

11.Online Manipal University: Total Fee: ₹1,75,000/-/-

Cheapest Online MBA in India

Specializations offered: analytics, finance, marketing, banking, HR, operations, etc.

  • Recognized by UGC-DEB
  • Also accredited by AICTE, NAAC, and NIRF
  • Industry-oriented curriculum

Online Manipal MBA 2025

FieldDetails
InstitutionManipal University Jaipur
Recognition & AccreditationNAAC A+, UGC
ProgramsMBA in Finance, Marketing, Human Resource Management, Analytics and Data Science, IT & FinTech, Operations Management, International Business, Information System Management, Project Management, Supply Chain Management
Eligibility– Bachelor’s degree from a recognized university/institution
– Minimum 50% marks in aggregate (45% for reserved categories)
– Clear MUJ’s online aptitude test or 40 percentile in CAT/MAT/CMAT/XAT/GMAT
Fees/SemesterRs. 43,750/-
Total FeesRs. 1,75,000/-
Placement AssistanceYes
Additional InformationIndustry-relevant curriculum

Total Fee: ₹1,75,000/-

12. Amity University Online 1,99,000/-

Top Executive MBA Programmes
  • Recognized by UGC-DEB
  • A globally renowned university
  • Provides excellent placement assistance.

MBA specializations

  • Business Analytics
  • Data Science
  • Digital Entrepreneurship
  • Digital Marketing Management
  • Entrepreneurship and Leadership Management
  • Finance and Accounting Management
  • Global Finance Market
  • Hospitality Management
  • Human Resource Management
  • Human Resources Analytics
  • Information Technology Management
  • Insurance Management
  • International Business Management
  • International Finance (ACCA)
  • Marketing & Sales Management
  • Petroleum and Natural Gas Management
  • Production and Operations Management
  • Retail Management
Recognition & AccreditationNAAC, AICTE, NIRF, UGC
Affordable Online MBA Programs of Amity University
EligibilityBachelor’s degree required, minimum 40% marks in graduation or pass Amity’s exam, English language proficiency
Fees Per SemesterRs. 49,750
Total FeesRs. 1,99,000/-
Placement AssistanceYes
Additional InformationIndustry internships available

13. ICFAI Hyderabad Online: Total Fee: ₹2,00,000/-

ICFAI offers an online MBA with specializations in HR, Finance, Marketing, IT, and Operations.

  • Recognized by UGC-DEB
  • Also accredited by AICTE, NAAC (A+), and NIRF
  • Provides excellent placement assistance.

ICFAI Online MBA 2025

SemesterFee
Semester 1₹65,000/-
Semester 2₹45,000/-
Semester 3₹65,000/-
Semester 4₹45,000/-
SpecializationFeeTotal
Human Resource ManagementSemester-wise₹2,00,000/-
FinanceSemester-wise₹2,00,000/-
MarketingSemester-wise₹2,00,000/-
IT and OperationsSemester-wise₹2,00,000/-

Total Fee: ₹2,00,000/-

Read Also Best Online MBA In India In 2024

14. NMIMS Global Access: Total Fee: ₹2,10,000/-

NMIMS Global offers an online MBA with 10+ specializations like information technology, HR, marketing, finance, etc.

  • Recognized by UGC-DEB
  • Renowned management institute
  • Blended online mode

NMIMS Global Online MBA 2025

ModeDetailsTotal Fee
Option 1: Annual PaymentTotal Fee: ₹1,05,000/- per year
Duration: 2 years
Initial Registration Fee: ₹10,000/-
₹1,05,000 x 2 years
Option 2: Semester Fee PaymentPayment
– Total Fee: ₹55,000/- per semester
– Total Semesters: 4
– Initial Registration Fee: ₹10,000/-
₹55,000 x 4 semesters
Full Program FeeLumpsum₹1,96,000/-

Online/Distance MBA State wise Colleges

Online MBA Colleges In MaharashtraOnline MBA Colleges In Kolkata
Online MBA Colleges In BiharOnline MBA Colleges In Bangalore
Online MBA Colleges In DelhiOnline MBA Colleges In Hyderabad
Online MBA Colleges In MumbaiOnline MBA Colleges In India
Online MBA Colleges In PuneOnline MBA Colleges In Noida

Key Factors to Consider When Choosing an Affordable Online MBA Program

When selecting an online MBA program, consider the following factors:

  • Total program cost: Choose a program that fits your budget. Opt for semester-wise payment plans to spread out costs.
  • Course curriculum and specializations: Ensure the coursework and specializations match your interests and career goals.
  • Faculty expertise: Look for experienced faculty with industry knowledge.
  • Accreditations: Opt for universities recognized by UGC-DEB and accredited by NAAC, AICTE, etc.
  • Placement assistance: Check if the university provides placement support and collaborates with recruiters.
  • Alumni network: Look for an extensive alumni network for networking opportunities.
  • Learning model: See if self-paced recorded classes or live online classes work better for you.

How to Choose the Right Online MBA

Here are some tips to choose a program that aligns with your career goals and budget:

  • Match specializations: marketing, finance, HR, operations, IT—pick a specialization that suits your industry and role.
  • Consider program pace: faster-paced 1-year programs vs. relaxed 2-year options. Choose based on your capacity.
  • Evaluate delivery method: programs with some campus visits can enhance learning but may cost more.
  • Assess time commitment. Balance course load with your personal and professional commitments.
  • Check admission criteria: Some programs mandate work experience, while others are open to fresh graduates.
  • Compare total costs: factor in tuition fees plus examination, textbook, and technology costs.
  • Leverage scholarships: Many institutes offer merit-based scholarships or discounts you can avail of.

Financing your Cheapest online MBA in India

While online MBA programs are priced lower than regular MBAs, they still represent a significant investment. Here are some ways to fund your online management education:

  • Education loans from banks and NBFCs like Credila, Avanse, and Prodigy Finance. Can cover up to 100% of tuition and living costs.
  • Scholarships, discounts, and fellowships are offered by institutes for meritorious students. Can reduce fees by 10–50%.
  • Employer sponsorship is where your company bears some or all tuition fees as part of its executive education policy.
  • Payment in installments is offered by some institutes, allowing you to pay course fees in EMIs.
  • Personal savings: use liquid assets or create fixed deposits earmarked for education.

The Right Time for an Online MBA

Pursuing an online MBA while continuing to work is ideal for:

  • Working professionals with 3-5 years of experience looking to advance their careers. An MBA strengthens their managerial skills.
  • Entrepreneurs and business owners seeking to scale up their ventures or learn new capabilities like digital marketing.
  • Candidates looking to transition into business roles from non-business backgrounds like engineering, humanities, etc.
  • Women professionals are on a career break due to family commitments or childcare responsibilities. Online MBAs offer flexibility.

Evaluating these parameters will help you find the ideal, affordable online MBA program aligned with your needs and career aspirations. With India’s top universities now offering online MBA programs, you can get quality management education at reduced costs.

Read Also: Which University Is Best For Online MBA In India #2024

FAQ

Here is a FAQ on the cheapest online MBA programs in India:

  1. What are the cheapest online MBA programs in India?

    Some of India’s most affordable online MBA programs charge fees ranging from Rs. 10,000 to Rs. 15,000 for the entire program. Universities like JRN Rajasthan Vidyapeeth University, ICFAI University, and Annamalai University offer these.

  2. What is the duration of online MBA programs in India?

    Most online MBA programs in India are of 1-2 year duration, with 1 year being the most common. The 1-year online MBA allows working professionals to complete their degrees faster.

  3. Which are the best universities for online MBAs in India?

    Some of the best universities for online MBA programs are Amity University, UPES University, JAIN University, Sikkim Manipal University, and Symbiosis Centre for Distance Learning. These provide quality management education through distance learning.

  4. What are the fees for online MBAs from the top universities?

    The fees for online MBA programs from leading universities like Amity, UPES, and Symbiosis range from Rs. 60,000 to Rs. 3 lakhs for the entire program. The fees vary based on the university and program duration.

  5. What are the key benefits of doing an online MBA in India?

    Doing an online MBA allows you to study conveniently and conveniently. You can also continue working full-time while studying. Online MBAs are more affordable and have a more flexible admission process.