Distance MBA Fees in India
Distance MBA, in comparison with its regular counterpart, proves to be quite cost-effective. Read on to know more.
A lot of Indian students wishing to pursue an MBA are not able to do so as a two-year full-time MBA program is too expensive for them or they lack that kind of time. These problems have been successfully ruled out by the advent of Distance MBA. It has made MBA affordable, as well as made possible simultaneously working in full-time/part-time jobs.
The UGC or University Grants Commission has approved Distance MBA in May 2018. It has also granted the various higher educational institutions necessary permission for offering certification, diploma, and degree courses online via distance learning. The direction is that such courses will be treated at par with regular classroom programs.
- Distance MBA Courses
- Fees and Fee Structure
- Admissions and Eligibility of these courses
- Which Distance MBA Program is The Most Economical
Distance MBA Courses
The various institutions recognized by the Ministry of Human Resource Development or MHRD, Government of India, which offer Distance MBA programs are as follows:
- The State Open Universities
- Indira Gandhi National Open University or IGNOU
- Distance Education Institutions or DEIs operated by the various institutions of national importance, such as State Universities, Deemed Universities, Central Universities, State Private Universities etc.
- DEIs of stand-alone private institutions, Professional Associations, and Government Institutions.
Also Read: What is Distance MBA?
Fees and Fee Structure
Distance MBA, in comparison with its regular counterpart, proves to be quite cost-effective. A full-time MBA course can cost students somewhere between INR 5 lakh to INR 15 lakh, whereas a Distance MBA program from a good institution or university will cost somewhere between INR 50,000 to INR 1.5 lakh.
The fees might vary across institutes, depending on the duration and brand value of the college.
It is lower for government universities and higher in the case of private universities.
- Symbiosis Centre for Distance Learning offers 2 years Post Graduate Diploma in Business Administration (PGDBA) for INR 37,000.
- It also offers 1-year Post Graduate Diploma in Export and Import Management (PGDEXIM) for INR 23,000.
- Alternatively, it offers a 6-month Certificate program for INR 11,000.
- NMIMS Global Access School for Continuing Education offers 2 years Post Graduate Diploma in Business Management for INR 83,000.
- It also provides a 1 Year Diploma Program in Business Management for INR 41,500.
- Alternatively, it offers an 11 Month Advanced Certificate Program for INR 41,500.
- The IMT-Centre for Distance Learning or IMT-CDL at Ghaziabad offers a 2-year PGDM Program for INR 88,000.
- Alternatively, it offers a 1-year Post Graduate Diploma in Business Management for INR 44,000.
- IGNOU Distance MBA offers 2 years degree program for INR 31,500.
Note: The fees structure mentioned above covers only the Program Fee and is not inclusive of the additional fees and charges such as the admission fees, processing fees, application fees, exam fees, the refundable deposits, and the GST charges wherever applicable.
Admissions and Eligibility of these courses
- Completed a bachelor’s degree from a UGC recognized Institution/University
- Work experience is preferred, but it is not a necessary requirement.
- A valid score/ranking in any of the recognized MBA entrance exams such as CAT, CMAT, MAT, XAT, MMS-CET, ATMA, etc.
- If you do not have any valid MBA entrance exam score/ranking, you will have to clear the college's/institution's/university's entrance test.
Which Distance MBA Program is The Most Economical
Below are listed some of the institutes which provide the cheapest Distance MBA courses in India, upon comparing with the competitors:
- Annamalai University (Distance Education), Tamil Nadu offers a 2 years Distance MBA program for INR 25,850.
- IGNOU - Indira Gandhi National Open University offers a 2 years Distance MBA program for INR 31,500.
- Symbiosis Law School- Nagpur, Symbiosis International (Deemed University) offers a 2 years Distance MBA program for INR 37,000.
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