Top Online/Distance MBA Colleges in Mumbai 2024

Well-known as the financial capital of India, Mumbai is a buzzing city with high competition. People across the country come and live in the town, pursuing jobs and their dreams. To stay in competition, gain promotion, and look for new opportunities, various working professionals in the city pursue an MBA, one of the highly recognized higher education programs. Multiple colleges, universities, and business schools offer two years of offline or online MBA courses in Mumbai.

In this blog, we have listed the top 10 online MBA colleges in Mumbai, which are well known for their offered specializations, hassle-free education system, and more.

Online/Distance MBA College List in Mumbai

1. Amity Online University

Amity Online University is among the top private colleges in India, offering several undergraduate, postgraduate, diploma, and certificate programs. The UGC (University Grants Commission) recognises the university and is among Asia's top 200 universities. The WASQ (Western Association of Schools and Colleges)has also accredited Amity University. The university is among the top universities in Mumbai to pursue an online MBA course. Here, you can pursue your online MBA in various specializations, including:

MBA in Business Analytics
MBA in Data Science
MBA in Digital Entrepreneurship
MBA in Retail Management
MBA In Hospitality Management
MBA in Digital Marketing Management
MBA in Entrepreneurship and Leadership Management
MBA in Finance and Accounting Management
MBA In Human Resource Management
MBA in Human Resources Analytics
MBA in Information Technology Management
MBA in Insurance Management
MBA In International Business Management
MBA in International Finance(ACCA)
MBA in Global Finance Market
MBA in Petroleum and Natural Gas Management
MBA In Marketing & Sales Management
MBA in Production and Operations Management

Course Name	Online MBA
Course Type	Private
Course Duration	2 Years
Fee structure	Rs 1,79,000/-
Accreditation/Recognition	UGC DEB
Eligibility	Must pass 10+2+3 or 10+2+4 A minimum of 40% marks in graduation Knowledge and understanding of the English language
Entrance Exam	If you have obtained marks less than 40% in the last qualifying exam, you will be required to answer a test conducted by the University.
Learning Resources	Live and recorded classes, online learning material
Placement Assistance	The University provides placement assistance to the learners. They offer a virtual platform for learners to connect with various recruiters from a wide range of disciplines.

Want to Know More About the Amity University Online MBA? Tap Here!

2. D.Y. Patil Online University

DY Patil, deemed to be a university, is another famous online MBA college in India. Students across the country pursue online MBA courses from Dy Patil for their professional career growth. DY Patil MBA programme is recognized and valued throughout the world. DY Patil MBA specializations are in -

MBA with Sales And Marketing
MBA with Human Resource Management
MBA with Hospital And Healthcare Management Finance
MBA with Retail Management
MBA with Logistics & Supply Chain Management
MBA with International Business
MBA with Entrepreneurship Management
MBA with Event Management
MBA with Digital Marketing
MBA with Data Science And Business Analytics

Course Name	Online MBA
College Type	Private
Course Duration	2 Years
Fee structure	Rs 1,70,000/-
Accreditation/Recognition	UGC, NAAC, NIRF, AICTE
Eligibility	Bachelor’s degree from a recognized university/institution. A minimum of 50% marks in aggregate in graduation (45% for reserved categories)
Entrance Exam	NA
Learning Resources	Online classes, recorded videos, econtent
Placement Assistance	Yes

3. Xavier's Institute of Business Management Studies (XIBMS)

Xavier's Institute of Business Management Studies is an ISO-certified international business school and a top choice institution for pursuing MBA programmes. The college provides a distance MBA course with a fast track and regular mode, allowing students to complete the course in at least 1 year or at a regular pace in 2 years.

Course Name	Distance MBA
College Type	Private
Course Duration	2 Years
Fee structure	Rs 60,900/- + 18% GST
Accreditation/Recognition	IAO, British Academy of Management London, Distance Learning Council of India, Bombay Management Association (BMA)
Eligibility	Graduate/Diploma Holder
Entrance Exam	NA
Learning Resources	Online classes, recorded videos, econtent
Placement Assistance	_

4. Indian Institute of Business Management & Studies, IIBMS

Indian Institute of Business Management & Studies, IIBMS, is one of the top business schools in India. It offers various online and regular MBA programmes. From the college, you can pursue a professional master’s program in business administration, a master’s programme in dual specialization, a 4-semester master’s in business administration, and an executive MBA. IIBMS also provides Dy Patil courses online. At IIBMS, one can pursue an MBA in 10 to 24 months.

Download PDF of MBA specializations of IIBMS..

Course Name	Online MBA
College Type	Private
Course Duration	10 - 24 Months
Fee structure	Rs 60,800/-
Accreditation/Recognition	DY Patil Authorized Center
Eligibility	Graduate/Diploma Holder
Entrance Exam	NA
Learning Resources	Online classes, recorded videos, econtent
Placement Assistance	_

5. Indira Gandhi National University, IGNOU

Though IGNOU is primarily based in Delhi, its centers are across the country and provide online MBA courses and several undergraduate and postgraduate programmes. It is among the oldest universities in India for distance learning, offering MBA specializations in:

Human Resource Management
Operations Management
Financial Market Practice
Financial Management
Marketing Management

Course Name	Distance MBA
College Type	Public
Course Duration	2 Years (Can complete in 4 Years)
Fee structure	Rs 62,000/-
Accreditation/Recognition	NAAC, UGC, AIU, AICTE, COL DEC
Eligibility	Bachelor's degree with honors in an academic discipline like arts, science, or business from any recognized university
Entrance Exam	Open MAT
Learning Resources	Online classes, econtent, textbooks
Placement Assistance	Alumni networks assist in placement

6. Symbiosis Center for Distance Learning

Symbiosis Centre for Distance Learning is another top private college for an MBA in Mumbai. Symbiosis is an ISO-certified institution that AICTE approved. The university offers a 2-year postgraduate diploma in business administration (PGDBA) in various specialization courses for working professionals and recent graduates.

PGDBA with Finance Specialization
PGDBA with Marketing Specialization
PGDBA with Management Accounting Specialization
PGDBA with Human Resources Specialization
PGDBA with Customer Relationship Management Specialization
PGDBA with Operations Specialization

Course Name	Distance PGDBA
College Type	Private
Course Duration	2 Years
Fee structure	Rs 65,000/-
Accreditation/Recognition	UGC DEB
Eligibility	Recent graduates and bachelor’s degree holder from a recognised university
Entrance Exam	NA
Learning Resources	Online Classrooms, Self-Learning Material
Placement Assistance	Alumni networks assist in placement

7. Welingkar Institute of Management Development and Research (WeSchool), Mumbai

WE School is one of the leading colleges providing a HYBRID model of learning for MBA programs. Its PGDM (Post Graduation Diploma in Management Program) offers more than 18 specialization options. Also, you don't have to take any entrance exam to get admission for an online MBA in Mumbai-based WeSchool University. Here is the list of 14 WeSchool specializations; please refer to the table below for more details.

Marketing Management
Finance Management
Operations Management
Supply Chain Management
Banking, Insurance & Investment Management
Travel & Tourism Management
Information Technology Project Management
International Business Management
Media & Advertising Management
E-commerce Management
Human Resource Management
Retail Management
E-business Management
Business Administration

Course Name	Online MBA (Hybrid mode of learning)
College Type	Private University
Course Duration	2 Years
Fee structure	Rs 1,26,000/- (One time payment) OR Rs 66,000/- (Per year) Also, Rs.3,600 at the time of admission and Rs.400 per subject if you choose to opt for the PCP later
Accreditation/Recognition	UGC DEB NBA ACBSP AICTE University of Mumbai
Eligibility	Graduation from a recognized Indian university Graduation from International university recognized by IGNOU/UGC/AIU/state universities or associations such as AMBA, AACSB, or EQUIS You don’t need to undertake any entrance exam or GD to apply for a Hybrid PGDM at WeSchool. You only need to meet the graduation criteria. Required Documents for Admission- A copy of your degree certificate/provisional certificate duly attested by a Class 1/Gazetted officer Two recent passport-sized color photographs
Entrance Exam	NA, You don’t need to undertake any entrance exam or GD to apply for a Hybrid PGDM at WeSchool.
Learning Resources	Virtual Classes, E-Learning Kit, Personal Contact Programs, WE Tube for recorded videos, WE Lounge doubt solving sessions, Experiential Learning, Interactive Workshop, Industrial Visits, Business Simulations, Movie Learning, Spiritual visits, online support.
Placement Assistance	100% Placement Assistance

8. S.P. Jain Institute of Management and Research (SPJIMR), Mumbai

SPJIMR is one of the top online MBA colleges in Mumbai. Its Online MBA program will help you become an expert in your field, allowing you to get a high-paying salary right after you complete your two years of post-graduation. The SPJIMR mainly focuses on helping students develop the quality of innovation and leadership; this automatically allows students in their professional as well as personal lives. The fees of SPJIMR’s Online MBA in

Unlike other distance MBA courses in Mumbai, SPJIMR’s fees are very high. The college charges a considerable amount of fees for tuition, hostels and learning resources. But, the quality of the education that it provides is top-notch because it has India’s best faculty members having experience of decades.

There are 5 specializations available, which are listed below -

Finance Management
Marketing Management
Supply chain & Logistics Management
Organization & Leadership
Information Management & Analytics Management.

Course Name	Post Graduate Programme in Management (PGPM)
College Type	Private University
Course Duration	18 Months
Fee structure	Total Fees - Rs. 21,00,000/- Admission Fee - 65,000/- Tuition Fee - 16,00,000/- Learning Resources - 95,000/- Hostel Fee - 1,45,000/- Development Fee - 90,000/- Career Service Fee - 95,000/- Alumni Membership - 10,000/- Also, Application Processing Fee - INR 2000/- (non-refundable)
Accreditation/Recognition	UGC DEB AACSB AMBA, UK NBA AICTE
Eligibility	Bachelor’s degree with at least 50% marks or equivalent CGPA in any discipline from a recognised university Minimum three years of relevant work experience at the time of commencement of the programme GMAT/CAT scores accepted It is mandatory for the applicants to submit the GMAT scores through the GMAC portal for exams given online or offline for it to be considered for application. The participant must possess a laptop, and the cost must be borne by him/her.
Entrance Exam	GMAT/CAT
Learning Resources	Recorded Videos, Access to students portal, Digital Library, Learning Management Systems.
Placement Assistance	More than 50 placement partners The average CTC of the top 25 percent is Rs 30.31 L.

9. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

Expert faculties curate the NMIMS online MBA, and it makes sure that students can smoothly transcend the hurdles of modern technology. Distance MBA in Mumbai’s NMIMS University gives you industry-relevant skills to push your career prospects and enhance placement opportunities.

This course has been designed to provide those students, as well as working professionals, with an enriching learning experience in which practice blends into theory.

Specialization offered by NMIMS -

Operations & Data Science
Business Management
Finance Management
HR Management
Operations Management
Marketing Management

Course Name	Master of Business Administration (1 Year Executive MBA Also Available)
College Type	Deemed-to-be-University
Course Duration	2 Years (Total 4 Semesters)
Fee structure	Total Fees - Rs. 1,05,000/- (One TIme Payment) Rs. 55,000/- (Semester Wise) Also, Admission Processing Fee - Rs. 1,200/- Exam Fee - Rs. 800/- Project Fee - Rs. 1,500/- Scholarship Policy The University offers special incentives to our armed forces, Defence Personnel and their immediate family with a 20% concession on the program fee. Loan and No-cost EMI (3, 6, 9, 12 months) options are available on the credit cards of following banks - HDFC Bank, ICICI Bank, Axis Bank, Citi Bank, Standard Chartered Bank, HSBC Bank, Kotak Mahindra Bank
Accreditation/Recognition	UGC DEB NAAC Grade A+
Eligibility	Bachelor’s Degree in any discipline from recognised University OR an equivalent degree recognised by Association of Indian Universities (AIU) with minimum 50% marks at Graduation Level (45% for SC/ST/OBC/PwD).
Entrance Exam	GMAT/CAT
Learning Resources	Live Classes, Recorded Lectures, Online Experiential Learning, Interactive Workshop, Industrial Visits, Movie Learning, Access to digital library.
Placement Assistance	Full placement assistance NMIMS MBA core summer placements for the batch of 2023-24 was around Rs. 4.4 lakh & INR 1.84 lakh, respectively.

10. ICFAI Business SChool (IBS)

The Institute of Chartered Financial Analysts of India established IBS in 1995 to provide high-quality business education to Indian students. Today, the institute has more than 11 business colleges in India. The IBS is known for its modern and updated curriculum and highly qualified faculty. To expand their reach, the IBS has started offering online MBA courses from its Mumbai-based colleges. If you want to develop all in-demand industry skills in your two years of postgraduate degree, look no further than IBS.

Specializations offered by IBS College -

Human Resources Management
Marketing Management
Business Communication
International Business Management
Business Analytics

Course Name	Master of Business Administration
College Type	Deemed-to-be-University
Course Duration	2 Years (Total 4 Semesters) maximum 4 years
Fee structure	Total Fees - Rs. 2,00,000 - Which includes - Admission Fee - Rs. 20,000/- Program Fee - Rs. 1,80,000/- Payment options - Option A - 1st year - Rs. 90,000/- 20,000 (admission fee) 2nd year - Rs. 90,000/- Option B - 1st Semester - Rs. 45,000/- + 20,000 (admission fees) 2nd Semester - Rs. 45,000/- 3rd Semester - Rs. 45,000/- 4th Semester - Rs. 45,000/-
Accreditation/Recognition	NAAC Grade A++ IBS Hyderabad by AACSB SAQS (South Asian Quality Standards), AMDISA , NIRF Ranking 2023 The Association of Commonwealth Universities (ACU)
Eligibility	Graduate (any discipline) with 50% and above marks from a recognized university The medium of instruction is English in the graduation course. Candidates from medium of instruction other than English have to submit the TOEFL/ NELT/ IELTS score report. All candidates seeking the admission will undergo a selection process by the selection committee. Selection committee will holistically evaluate the candidate and the recommendation of the committee for admission will be final.
Entrance Exam	-
Learning Resources	Live Classes,, Online Interactive Workshop, Industrial Visits,, Access to digital library ,Experiential Learning, Recorded Lectures, Project based learning.
Placement Assistance	More than 50 placement partners The average CTC of the top 25 percent is ?30.31 L.

Apart from these, other top institutions and universities to pursue online MBA courses in Mumbai are:

Lovely Professional University
London Met University
Shoolini University
Jain University
Manipal University

These institutes are top international, national and state universities/colleges to pursue online MBA courses. With these universities, you can pursue the online MBA course anywhere in the country.

Why Pursue an Online MBA?

1: Flexible

Pursuing an online MBA is flexible. With online MBA, you can manage your daily responsibilities, jobs, and other course studies with an online learning.

2. Recognized and Valued

The online MBA is recognized and equally valued. The online MBA provides you relevant skills and helps you gain promotion, managerial posts and opens job opportunities.

3. Accessibility

Online MBA is accessible from any corner of the world. No matter whether you live in Mumbai or at a remote location, you can pursue online/distance learning without any hassle.

Moreover, Online MBA courses are comparatively affordable for many individuals.

How to Select the Right Online MBA Courses and Colleges in Mumbai?

To select the right MBA course/college, you must consider crucial factors that are important for your decision. Some of the important things to consider are:

Your Budget- Different MBA colleges' fees are different and vary, along with different MBA specializations.
Your Future Plan- What is your goal with the online MBA? It is also important to learn which MBA specialization you should select for your course.
College Recognition/accreditation- You can select top MBA colleges to pursue your degree from across the country, as online education doesn't rely on where you live.
Learning Pedagogy- Your preferred learning pedagogy is also important in selecting college, as MBA courses ask you to attend mandatory online classes, some provide recorded videos, digital library, which learning method suits best with your schedule is important.
Placement opportunities - If you're pursuing an MBA to access better career opportunities, checking colleges with placement assistance and virtual placement drives are important factors to consider.

However, if you want help in the selection process, you can contact experts at Edukyu.

Edukyu is an online MBA consultant that provides free counseling, assists in selecting the right colleges/courses as per your goal, budget, and requirements and helps in taking admission seamlessly. Edukyu with experience of over 5 years, helped a number of working professionals in crafting their future with the online MBA programme.

Must Read- Online MBA Journey of Anurag Sharma with Edukyu

Anuarag was a working professional and aspiring for a huge growth in their career. Anurag contacted the professional experts of Edukyu, shared their vision, goal, and aspiration. The expert counselor Edukyu helped him find the right MBA college and course. After pursuing the Anurag bagged 85% of hike and got a reputed position at Novus Hi tech.

"EduKyu played a crucial role in my successful evaluation of online MBA programs. Their in-depth analysis of program offerings, including curriculum, faculty credentials, and career support infrastructure, provided valuable insights into program strengths and weaknesses.

This enabled me to identify the program that perfectly aligns with my professional aspirations, setting me on a path for a transformative MBA journey."

Edukyu is dedicated to making online or distance MBA journeys hassle free for every individual. Till date, it has helped over 9000 experts with their online MBA journey. The next can be you!

What are you waiting for? Talk to experts and get answers to all your queries related to MBA.