Cheapest Online MBA in India: Top Online MBA Colleges in 2025

Cheapest Online MBA in India: Top Online MBA Colleges in 2025

7 mins readComment
Rashmi
Rashmi Karan
Manager - Content
Updated on Jun 3, 2025 16:22 IST

It is not necessary to enter a conventional classroom or spend a fortune to pursue an MBA anymore. Thanks to online learning, some of India's prestigious universities and institutes now offer cost-effective online MBA courses for working professionals, recent graduates, and aspiring entrepreneurs. You have the flexibility to study at any time from anywhere, with access to a quality curriculum, industry-specific specialisations, and placement assistance. In this article, we have listed some of cheapest online MBA in India—beginning with the lowest to the highest-priced, with other important information you must know to make an informed choice.

Cheapest Online MBA in India
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1. Annamalai University

Annamalai University offers one of the most cost-effective online MBA programs in India, designed for working professionals seeking leadership and strategic management roles. The university is UGC and AICTE recognized.

Program Fee

Rs. 32,000/-

Accreditation/Approval/Recognition

NAAC A+, AICTE, UGC

Eligibility

Bachelor's degree with a minimum of 50% aggregate marks (45% for reserved categories).

Specializations

  • Financial Management
  • Marketing Management 
  • Human Resource Management 
  • International Business Management 
  • Business Analytics 
  • Infrastructure Management

Placement Assistance

Limited placement assistance through the Directorate of Training, Placement, and Entrepreneurship.

2. Shoolini University

Shoolini University’s online MBA program emphasizes the development of analytical and leadership skills. It is structured to help students adapt their learning across various business environments.

Program Fee

Rs. 60,000/-

Accreditation/Approval/Recognition

UGC, DEB under UGC (ODL) Regulations, 2017/ UGC (Online Courses or Programmes) Regulations, 2018 or UGC (ODL Programmes and Online Programmes) Regulations, 2020; NIRF Ranking 89

Eligibility

A bachelor’s degree of a minimum of 3 years. Obtained at least 50% marks (40% marks for candidates from the reserved category) in the qualifying examination. 

Specializations

  • Marketing Management
  • Human Resource Management
  • Financial Management
  • Digital Marketing
  • Retail Management
  • Banking & Insurance
  • Operation & 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

Placement Assistance

  • Dedicated Placement Cell to help students with the necessary resources. 
  • Mission 130 initiative to ensure 100% employability, with 30% of students securing top jobs. 
  • Expert guidance and career counselling 

Elevate your business knowledge and unlock your leadership potential: Explore online MBA degrees from top universities and colleges like IIMs, upGrad, Amity Online, MDI, XLRI, etc., in a wide range of specializations, including marketing, finance, human resources, IT, business analytics, data science, supply chain management, and healthcare management.

3. IGNOU Online MBA

IGNOU offers one of the most budget-friendly online MBA programs in India. It is recognized by AICTE and provides a strong foundation in business management, suitable for both fresh graduates and professionals. The program encompasses a wide range of management areas, aligning with current industry needs.

Program Fee

Rs. 66,000/-

Accreditation/Approval/Recognition

UGC, AICTE, Distance Education Bureau (DEB), Association of Indian Universities (AIU)

Eligibility

Bachelor Degree of Minimum 3 years duration with at least 50% marks (45% in case of candidates belonging to the reserved category).

Placement Assistance

  • The Campus Placement Cell helps facilitate employment opportunities for its students. 
  • Submit your resume to campusplacement@ignou.ac.in to receive notifications about placement drives and recruitment opportunities.

4. Alagappa University

Alagappa University online MBA program emphasizes sustainable development and leadership. It is accredited by top bodies and is designed to prepare students for a wide range of management careers.

Program Fee

Rs. 80,300/-

Accreditation/Approval/Recognition

NAAC A+, UGC-DEB-AICTE, Graded as Category – I University by MHRD

Eligibility

Bachelor’s Degree from any discipline from a recognized University

Specializations

  • General Management
  • Financial Management
  • Human Resource Management
  • Logistics Management 
  • Tourism

Placement Assistance

A dedicated placement cell facilitating: 

  • Resume Preparation 
  • Interview Guidance
  • Job Postings and Recruitment Drives
  • Career Counselling

5. Parul University

Parul University offers a flexible online MBA with 20 industry-focused specializations. The curriculum is based on AICTE’s model for online MBA programs, with a focus on practical skills.

Program Fee

Rs. 90,000/-

Accreditation/Approval/Recognition

NAAC A++, AICTE, UGC

Eligibility

Bachelor's degree with a minimum of 50% aggregate marks (45% for reserved categories).

Specializations

  • Agribusiness Management
  • Banking and Financial Services
  • Digital Marketing & Sales Management
  • Entrepreneurship & Innovation Development
  • Family-Managed Business 
  • Healthcare Management
  • International Trade & Business
  • Logistics & Supply Chain Management
  • Pharmaceutical Management
  • Project Management
  • Public Policy
  • Retail Management
  • Tourism & Event Management
  • Operation Management
  • Forensic Accounting & Corporate Fraud Investigation
  • Business Analytics
  • Information technology
  • Human Resource Management
  • Finance Management
  • Marketing Management

Placement Assistance

Training and Placement Cell focused on:

  • Aptitude training
  • Communication skills
  • Interview training
  • Resume building

6. Sharda University Online

Sharda University offers a skill-based online MBA program that covers strategy, finance, and communication. The program is designed for individuals seeking to develop core management skills for leadership roles.

Program Fee

Rs. 1,00,000

Accreditation/Approval/Recognition

NAAC A+, UGC-entitled

Eligibility

Bachelor’s Degree from any discipline from a recognized University.

Electives

  • Human Resource Management
  • Healthcare and Hospital Administration
  • Sales and Marketing
  • Finance

Placement Assistance

  • Career mentorship
  • Further studies guidance
  • Resume preparation
  • Entrepreneur perspectives

7. CODE Hindustan Online

This online MBA is designed for career-driven professionals and includes weekend classes, pre-recorded videos, and practical training. It also supports flexible learning tailored to the learner's schedule.

Program Fee

Rs. 120,000

Accreditation/Approval/Recognition

AICTE

Eligibility

Bachelor's degree with a minimum of 50% aggregate marks (45% for reserved categories).

Specializations

  • Finance, Marketing and Human Resources
  • Human Resource Management (HRM)
  • Marketing Management
  • Finance Management
  • Marketing and Finance
  • Human Resource and Finance Management
  • General Management
  • FinTech
  • Project Management
  • Information and Technology Management
  • Healthcare Management
  • Logistics and Supply Chain Management
  • Digital Marketing and e-Commerce
  • Analytics and Data Science
  • Sports Management
  • Operations Management

Placement Assistance

 

8. LPU Online

LPU’s online MBA program provides a wide variety of specializations. With a reputation for high-quality infrastructure and support, the program is designed for students seeking to enhance their career prospects.

Program Fee

Rs. 1,46,240

Accreditation/Approval/Recognition

NAAC A++, AICTE, UGC

Eligibility

  • Bachelor’s degree or equivalent in any discipline.

OR

  • Company Secretary (CS) from the Institute of Company Secretaries of India (ICSI).

OR

  • Chartered Accountancy (CA) from the Institute of Chartered Accountants of India (ICAI)

OR

  • Completed Cost & Management Accountancy (CMA) from the Institute of Cost Accountants of India (ICAI).

Specializations

  • Data Science
  • IT
  • International Business
  • Human Resource Management
  • Finance
  • Marketing
  • Operations
  • Digital Marketing

Placement Assistance

  • Regular placement and internship drives
  • Career counselling
  • Resume workshops
  • Mock interviews
  • Virtual job fairs

9. Chandigarh University

Chandigarh University’s online MBA offers dual specialization options and is built with a focus on real-world applications. The curriculum includes case studies and industry projects.

Program Fee

Rs. 1,58,000

Accreditation/Approval/Recognition

UGC, NAAC A+, and AICTE

Eligibility

  • Bachelor's degree in any discipline from a recognised University/ Institution. 
  • Graduates of recognized professional programs like CA/ ICWA etc., can also apply.

Specializations

  • Human Resource Management (HRM)
  • Marketing
  • International Business (IB)
  • Entrepreneurship
  • Finance
  • Information Technology (IT)
  • Logistics and Supply Chain Management (LSCM)
  • Retail Management
  • Operation Management
  • Banking and Insurance
  • Hospital Management
  • Event Management
  • Media Management
  • Travel and Tourism Management
  • Airlines & Airport Management
  • Digital Marketing
  • Data Science & Artificial Intelligence
  • International Relations
  • FinTech
  • General Management
  • Business Analytics
  • Disaster Management
  • Brand Management

Placement Assistance

  • Placement Support: Essential tools and support
  • Expert guidance
  • Resume building
  • Interview preparation

10. DY Patil Vidyapeeth

DY Patil’s online MBA includes specializations aligned with current business trends. The program is recognized by top agencies and is suitable for graduates looking to enter or grow in management roles.

Program Fee

Rs. 170,000

Accreditation/Approval/Recognition

UGC, NAAC A++, AICTE, ISO, NIRF Top 50

Eligibility

Bachelor's degree or an equivalent degree from any recognized university with a minimum of 40% marks.

Specializations

  • Marketing Management
  • HR Management
  • Finance Management
  • IT Management
  • Project Management
  • Operations Management
  • Hospital Healthcare Management
  • International Business Management
  • Fintech Management
  • Business Analytics
  • Artificial Intelligence & Machine Learning
  • Logistics Materials & Supply Chain Management
  • Chain Management
  • Digital Marketing
  • Agribusiness Management

Placement Assistance

Employability Enhancement Program, which includes:

  • Career Exploration & Resume Building
  • Placement Registration
  • Placement Guidance
  • Placement Drive

11. UPES Online

UPES offers a range of online MBA specializations with immersive experiences and faculty-led masterclasses. It caters to professionals and entrepreneurs, allowing flexibility while maintaining academic rigor.

Program Fee

Rs. 220,000

Accreditation/Approval/Recognition

NAAC 'A' Accredited, UGC Entitled, Ranked 41 in the Management Category, as per NIRF 2024

Eligibility

  • Bachelor's degree or equivalent in any discipline from a recognized university/institution with a minimum 50% aggregate score.
  • Online Learning or Open and Distance Learning graduates from any University/institution recognized by the UGC DEB can also apply.

OR

  • Candidates who have completed professional qualifications, viz. CA, CS or ICWA can apply.
  • Relaxation in Eligibility Criteria for Candidates with Work Experience: Applicants with a minimum of 2 years of work experience with a Bachelor's degree or equivalent in any discipline from a recognized university/institution with a minimum 45% aggregate score.

Specializations

  • Oil and Gas Management
  • Power Management
  • Logistics and Supply Chain Management
  • International Business
  • Business Analytics
  • Financial Management
  • Digital Business
  • Human Resource Management
  • Marketing Management
  • Operations Management
  • Infrastructure Management

Placement Assistance

Career Support Services, including Skills Assessment Test, Resume Building Support, Mentorship, Placement Support, and Start Up Support through UPES Runway Incubator.

 

About the Author
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Rashmi Karan
Manager - Content

Rashmi is a postgraduate in Biotechnology with a flair for research-oriented work and has an experience of over 13 years in content creation and social media handling. She has a diversified writing portfolio and aim... Read Full Bio