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Manipal University Online MBA program, renowned for its high-quality education, global reputation, and affordable fees, it has emerged as one of the top choices for students seeking to pursue an MBA degree in India. In this article, we will delve into the key aspects of Manipal University’s online MBA, covering the admission process, fee structure, rankings, placements, and more.
Compared to other top private MBA colleges in India, Manipal University is quite affordable and economical. The total program fees for the online MBA course are around Rs. 3–5 lakhs, which includes tuition fees, exam fees, and other charges. This is almost 50% lower than the fees charged by IIMs and other premium B-schools.
Manipal follows a modular structure, where fees are divided semester-wise. This reduces the financial burden on students and allows them to pay fees in installments. The university also provides education loans and scholarships to meritorious students from economically weaker sections. So cost should not be a deterrent for aspirants looking to study at Manipal.
The application process for Manipal University’s online MBA program is simple and done completely online. Here are the key steps:
Visit Manipal University’s website and register yourself to generate login credentials.
Fill out the online application form and upload the necessary documents, like passport photos, mark sheets, work experience letters, etc.
Pay the application fee online using a credit or debit card or net banking.
Appear for the Manipal Entrance Test (MET), an online entrance exam conducted by Manipal University.
If shortlisted, you will be called for a video interview round by the university.
The final merit list is prepared based on your MET score, work experience, academic record, and interview performance.
Confirm your admission by paying the first-semester fees.
The university conducts the MET exam multiple times a year. The application window remains open throughout.
To get admission in Manipal for the online MBA program, you must fulfill the following eligibility criteria:
Have a bachelor’s degree with a minimum of 50% aggregate marks (45% for SC/ST).
Have a valid CAT, MAT, GMAT/CMAT score.
At least 2 years of full-time work experience
There is no upper age limit.
Besides meeting the eligibility requirements, you need to apply online, appear for MET, and clear the interview round. The overall admission process is merit-based, considering your past academic scores, entrance test rankings, work experience, and interview performance.
Having a high CAT or GMAT score certainly improves your chances of getting shortlisted. But even candidates without test scores can apply if they meet other criteria.
Manipal University follows an affordable fee structure, making it an economical choice. Here are the approximate program fees:
Tuition fees: ₹3 lakhs
Exam fees: ₹20,000
Library fees: ₹4000
Alumni fee: Rs. 5000
Caution deposit: Rs. 5000
So the total fees are around Rs. 3.3 lakhs for the entire 2-year course. The fees are divided into six semesters, and students have to pay semester-wise. Scholarships are also available for deserving candidates.
As per the NIRF 2021 rankings, Manipal University is ranked 27th among the top MBA colleges in India. Globally, it ranks 401–450 as per the QS World University Rankings 2022. The consistently high rankings highlight the quality of education and faculty at Manipa
Some notable achievements of Manipal University include:
First Indian university to get AACSB accreditation.
Among the top 6% of universities worldwide accredited by AACSB
Only Indian universities are in the QS World University Rankings top 400.
So Manipal certainly ranks among the leading MBA colleges in the country today.
Here are some of the key reasons why Manipal University is a great choice for an MBA:
Manipal University is known for its excellent placement record across programs. Some key highlights about placements are:
Over 500 recruiters, including top companies like Deloitte, PwC, ICICI, Infosys, JP Morgan, Mercedes-Benz, etc.
The highest salary is over Rs. 30 lakhs per annum; the average salary is Rs. 6.5 lakhs per annum.
90% placement record for the MBA program, with the maximum number of students placed within 3 months of course completion.
Pre-placement internships and grooming workshops to enhance the employability skills of students
Dedicated corporate relations and career development teams to guide students.
The excellent placement support has made Manipal a preferred recruitment destination for companies hiring MBA talent.
Here’s a look at the average and highest salary packages one can expect after completing an online MBA from Manipal:
Average salary: Rs. 6.5 lakh per annum
Highest salary: Rs. 30 lakh per annum
Median salary: Rs. 6 lakh per annum
Salaries vary based on the specialization chosen, the company recruited, and the student’s academic record. Parameters like work experience, soft skills, and practical knowledge also impact starting salaries. Top segments like consulting, BFSI, and marketing see the highest salaries.
Within 2-3 years of experience, students from Manipal can expect salaries of Rs 10 lakhs on average from reputed companies. The strong brand and placements make Manipal a lucrative choice for an MBA.
Manipal University has a vast network of 22 campuses and university centers across India. Here are some of the major Manipal locations apart from the main campus in Manipal, Karnataka:
This vast presence and infrastructure across India allow students to access Manipal’s top-quality education from any state. You can opt for the location closest to you.
Manipal University offers the widest choice, a global reputation, experienced faculty, blended learning, strong placements, and affordable fees. For all these reasons, Manipal online MBA program is a great choice for management aspirants looking for a comprehensive MBA experience backed by a top university.
