MBA (Master’s in Business Administration) is one of the most sought-after courses in India for higher education. The degree course is among the significant courses that help gain higher salary packages’ job, promotion, and positions. However, the fees for an MBA from regular colleges and universities range between Rs 10 Lakhs and 40 Lakhs. But you don’t need to worry about these high fees.
An online MBA is one of the best options for gaining regular MBA degrees and knowledge at an affordable course fee.
In India, various universities provide 2-year online MBA programmes that are affordable and known for offering quality MBA learning at your own pace.
From these universities, you can pursue the course on your own. Moreover, you can easily finance your higher education by working in a part-time or full-time job.
Wondering what are those universities and their affordable online MBA programs?
Let’s dive deep into the blog!
Affordable MBA Colleges in India for Online Learning
Here is the list of the top 10 universities that provide an affordable MBA in India with excellent teaching facilities, learning opportunities, and career assistance. In these universities, you can find various MBA specializations to pursue as per your career goal, budget, and preference.
| Most Affordable MBA Colleges | Fees Per Semester | Total Fees |
| IGNOU | Rs 15, 500/- | Rs 62, 000/- |
| Uttaranchal University | Rs 20, 500/- | Rs 82, 000/- |
| Shoolini University | Rs 22,500/- | Rs 90,000/- |
| Hindustan Online University | Rs. 30,000/- | Rs. 1,20,000/- |
| Jain Online | Rs. 37,500/- | Rs. 1,50,000/- |
| UPES | Rs 37,500/- | Rs 1,50,000/- |
| DY Patil University | Rs 42,500/- | Rs 1,70,000/- |
| Online Manipal University Jaipur | Rs 43,750/- | Rs 1,75,000/- |
| Lovely Professional University | Rs. 44,000/- | Rs. 1,76,000/- |
| Amity University | Rs. 45,000/- (except Rs. 44,000/- in 4th Semester) | Rs. 1,79,000/- |
Affordable MBA Colleges and Programs
1. Indira Gandhi Open University, IGNOU to Pursue MBA from Government Institute
Indira Gandhi Open University is one of the top government institutes in India to pursue online courses. Established in 1985, IGNOU is recognized by UGC, accredited by NAAC, and approved by AICTE. The institute provides complete MBA programmes at only Rs. 62,000/-. All the MBA programmes offered by IGNOU have the same course fee.
| Recognition & Accreditation | UGC, NAAC, AICTE |
| Affordable Online MBA Programs to Pursue from IGNOU |
|
| Eligibility |
|
| Fees Per Semester | Rs 15, 500/- |
| Total Fees | Rs 62, 000/- |
| Placement Assistance | Yes |
2. Uttaranchal University for in Demand Online MBA Program
Uttaranchal University, located in Dehradun, Uttarakhand, is among the top online universities in India. It offers quality education, placement assistance, and affordable fees. At the university, you can learn managerial skills through Live Classes, personalized mentorship, and integrated LMS and e-library.
| Recognition & Accreditation | UGC, AICTE, NAAC |
| Affordable and in-demand MBA Courses in Uttaranchal University |
|
| Eligibility |
|
| Fees Per Semester | Rs 20, 500/- |
| Total Fees | Rs 82, 000/- |
| Cost effective Fee Structure | (Rs 80,000/- if you pay the fee yearly- 40,000) |
| Placement Assistance | Yes |
3. Shoolini University with Pay After Placement Option
Shoolini University is one of the most affordable private institutes in India for online courses. The college provides several MBA specializations that you can pursue at a course fee of only Rs. 90,000/-. However, if you want the placement facility, you can receive pay after the placement facility, for which you will be required to pay Rs. 15,000/- per semester and the remaining fee of Rs. 60,000/- after the placement.
| Recognition & Accreditation | UGC, NIRF |
| Affordable Online MBA Course to Pursue at Shoolini University |
|
| Eligibility |
|
| Fees Per Semester | Rs. 22,500/- |
| Total Fees | Rs. 90,000/- |
| Fees per Semester with Placement Facility | Rs. 15,000/- |
| Pay After Placement | Rs. 60,000/- |
| Placement Assistance | Yes with Pay After Placement MBA |
4. Hindustan Online University for Multi-dimensional MBA Course
Hindustan Online University is featured in world university rankings and is accredited by NIRF and NAAC. The institute offers various courses for bachelor's and master's degrees. It also offers several MBA specializations, along with an MBA in Finance, Marketing, and Human resources, to build professionals with Multiple skills.
| Recognition & Accreditation | NIRF, A+ NAAC |
| Affordable Online MBA Programs to Pursue from IGNOU |
|
| Eligibility |
|
| Fees Per Semester | Rs. 30,000/- |
| Total Fees | Rs. 1,20,000/- |
| Placement Assistance | Yes |
5. Jain Online University with a Wide Range of Affordable Courses
Another university that is well-known for providing various courses is Jain University. The university fees start at Rs 1,50,000/—per year and go up to Rs 2,60,000. Here, affordable MBA courses include MBA in finance, marketing, systems and operations management, general management, and human resource management. You can pursue advanced MBA courses, including International Finance, integrated marketing, etc., with a course fee of Rs 2,60,000/—, which is affordable compared to numerous universities.
To learn about Jain University, its various courses and fees in detail, Tap here.
| Recognition & Accreditation | NAAC A++, NIRF |
| Most Affordable Online MBA Programs of Jain University |
|
| Eligibility |
|
| Fees Per Semester | Rs 37,500/- (only for above mentioned program) |
| Total Fees | Rs 1,50,000/- (only for above mentioned program) |
| Placement Assistance | Yes |
6. UPES Online MBA with AI Integrated Curriculum
UPES ON is a university of tomorrow with an integrated AI curriculum, helping the students to adapt to new technology and be ready for the job market. The UPES offers various MBA specializations, including some exclusive specializations, such as MBA in oil and gas management, power management, etc. The university fees range from Rs. 1 50 000 to Rs. 1,99,000.
| Recognition & Accreditation | NIRF, NAAC |
| Affordable Online MBA Programs of UPES University |
|
| Eligibility | - |
| Fees Per Semester | Rs. 37,500/- |
| Total Fees | Rs. 1, 50, 000/- |
| Placement Assistance | - |
Exclusive MBA Programmes of UPES University with Fees
- Online Logistics and Supply Chain Management - Rs. 1, 70,000/-
- Oil And Gas Management - Rs. 199,000/-
- Power Management- Rs. 199,000/-
7. DY Patil University Online With the Best Pedagogy
Dy Patil University is one of the most famous private universities in India. It offers affordable MBA courses for students with a quality learning environment. It provides students with a tailored course curriculum, live and recorded classes, course materials, and more. DY Patil online MBA will help you develop a self-learning attitude with their 24*7 support.
| Recognition & Accreditation | UGC, NAAC, AICTE, NIRF |
| DY Patil University’ Affordable MBA Specializations |
|
| Eligibility |
|
| Fees Per Semester | Rs. 42,500/- |
| Total Fees | Rs. 1,70,000/- |
| Placement Assistance | Yes |
8. Online Manipal University Jaipur for Affordable MBA
Manipal Online University is one of the top universities for MBA. You must know that Online Manipal University, Jaipur, offers affordable MBA courses. However, Manipal University for Higher Education's MBA fees is relatively higher than Manipal University Jaipur.
| Recognition & Accreditation | NAAC A+, UGC |
| Manipal University Jaipur Affordable Online MBA Courses |
|
| Eligibility |
|
| Fees Per Semester | Rs 43,750/- |
| Total Fees | Rs 1,75,000/- |
| Placement Assistance | Yes |
9. Lovely Professional University with 25% Student Grant
Lovely Professional University, LPU, is another well-known and affordable university offering online courses to students. The UGC university provides online classes with an innovative virtual learning environment, 24/7 academic support, an industry-oriented curriculum, and interactive live lectures.
You can enroll in LPU's online MBA program, which will cost you Rs. 1,76,000/- if you pay a fee semester-wise. Here, you can also avail of a student grant of Rs 1,44,000 with a semester-wise fee of Rs. 36,000/-. You can reduce the course's fee to Rs. 1,31,200/-with a one-time payment facility.
| Recognition & Accreditation | NAAC A++, UGC, NIRF |
| Affordable Online MBA Programs of Lovely Professional University |
|
| Eligibility |
|
| Fees Per Semester | Rs. 44,000/- |
| Fees Per Semester (with 25 % student grant) | Rs. 36,000/- |
| Total Fees | Rs. 1,76,000/- |
| Total Fees (with 25 % student grant) | Rs 1,44,000/- |
| One time Fee | Rs. 1,60,000/- |
| One time Fee (with 25 % student grant) | Rs. 1,31,200/- |
| Placement Assistance | Yes |
10. Amity University Online MBA From Most Reputed Institute
Amity is among the top private institutes, with its physical colleges in numerous cities. The university, ranked in the top 10 Asia Pacific in QS ranking 2023, is known for regular and online courses. With Online Amity University, you can pursue an MBA in various specializations at an affordable course fee. All the MBA courses’ fees at Amity University are the same.
| Recognition & Accreditation | NAAC, AICTE, NIRF, UGC |
| Affordable Online MBA Programs of Amity University |
|
| Eligibility |
|
| Fees Per Semester | Rs. 45,000/- (except Rs. 44,000/- in 4th Semester) |
| Total Fees | Rs 1,79,000/- |
| Placement Assistance | Yes |
How to Take Admission in Affordable Online MBA in India
You can take admission to any of the colleges that seem affordable to you. All the colleges mentioned above are recognized and qualified to provide online education.
- You can compare different universities and find the best universities for your online MBA.
- Visit the preferred MBA university’s website to apply for admission.
- Check the last application date, admission fees, different specializations, and more.
However, if you find collecting details challenging, contact us for expert guidance. We, Edukyu, will be happy to help you.
You can contact us to discuss your career goal, preferred MBA, budget, qualifications, and more to learn about the best university that meets your requirements. Moreover, you can contact us to proceed with your admission process to your preferred education institutions for online MBA courses, bachelor’s programmes, MCA, and more.
Want to learn more about MBA Specialisations in India?
List of Popular Online MBA Specialisation in India
| Online MBA in Human Resource Management | Online MBA in Logistics & Supply Chain Management |
| Online MBA in Operations Management | Online MBA in Banking and Finance |
| Online MBA in International Business | Online MBA in Business Analytics |
| Online MBA in Marketing | MBA in Entrepreneurship |
| Online MBA in Hospital Management | MBA Consulting |
| MBA in General Management | MBA in Technology Management |
Conclusion
Online MBAs are a path-breaking opportunity for many individuals. Colleges like Amity, Lovely Professionals, Manipal University, Shoolini University, DY Patil, Uttaranchal University, etc., are some of the best online MBA colleges.
With Edukyu, you can easily get admitted to the top and affordable universities to pursue your preferred MBA programmes. Meet Ankit Gupta, who was a Deputy Manager at Minda Rika. After completing his online MBA with the guidance of Edukyu, he got an 85% hike and joined Exicom Power Solutions as a senior manager.
“I enrolled in the perfect Online program with EduKyu's support , one that aligned with my aspirations and fit my busy schedule. The knowledge and skills I gained were like powerful crampons, propelling me upward. Within months, I landed a Senior Manager position at my new company! They didn't just help me get promoted; they helped me become the leader I was always meant to be."
FAQs Related to Affordable Online MBA
Q: Which College has the Lowest Fees for MBA in India?
A: IGNOU offers the MBA programmes at lowest fees.
Q: What is the Cost of an Online MBA in India?
A: In India Online MBA fees starts with Rs. 62,00/-
Q: Is Online MBA Valued in India?
A: Yes, In India, Online MBA provided by recognized universities is valued equally like regular MBAs.
Q: Can I do an MBA at a Low Cost?
A: Yes, by taking admission in Shoolini University, IGNOU, and Uttaranchal University, you can pursue an online MBA under Rs. 1 Lakhs/-.
.jpg)
 Management.jpg)
 is one of the most sought-after courses in India for higher education. The degree course is among the significant courses that help gain higher salary packages job, promotion, and positions.){kind=link}
Write your comment