An online MBA has seen a sharp rise in popularity among working professionals as well as fresh graduates in India. The flexibility of schedule, the comparatively cheap fees, and the easy access to quality faculty features of the best online MBA courses make them highly sought-after.

According to industry reports, the job roles for MBA graduates are projected to expand at a rate of 8% CAGR by 2024 across different industry verticals. Thus, this can be an ideal time to enhance your abilities with an online MBA.

However, with so many options, how do you select the finest online MBA class in India? This article will give you an idea of the leading Online MBA programs and will give a comparative analysis of fees, duration, specialization, faculty, placements, etc. so that you can make the correct decision.

Key Highlights of Best Online MBA Courses in India

1. Great Lakes Online MBA:Great Lakes offers an Online MBA course in India which is amongst the top rankers with a rigorous, STEM-designated curriculum that is benchmarked to global standards. At a fee of Rs. 3.5 lakhs, it has very good ROI with excellent sector-wise placements, career coaching, and 100% PhD faculty. There is only one Institute in India that provides a STEM-MBA specialization, and this makes the students qualified for an OPT extension in the US.

2. IMT Online MBA:Impressed with the success of the online MBA program, IMT became the first in India to offer easy accessibility to its coveted on-campus degree at ₹3.75 lakhs fees. 70% faculty of the IMT online MBA program are PhDs and the program is one of the most reputed B-schools in India. The online MBA program offers a proper balance of theory and application through industry projects and live exposure.

3. UPGrad Online MBA:Under 500+ hiring partners and the highest salary of up to ₹35 lakhs, UPGrad offers the best placement support at a low fee of ₹3 lakhs. Its curriculum industry-relevant thought by IIM and MNC experts provides students with contemporary business skills. The mentorship, alumni status of MICA, and career coaching pinpoint unique benefits.

4. NMIMS Online MBA:NMIMS offers Online MBA course with core specializations at the fee of ₹4.5 lakhs considering various needs of MBA aspirants. Its rich industry exposure through case studies, corporate interface and Ivy League visiting faculty makes it the provider of contemporary business education relevant to digital age.

5. IIM Kozhikode Online MBA:IIM Kozhikode Online MBA course has the student exchanges and the curriculum designed by the world class IIM faculty which offers a comprehensive learning experience. The IIM tag, the STEM credits option, ₹20 lakhs of placements make this ₹4.5 lakh program pay off for career advancement.

Now let us look at a detailed comparison of the top 5 online MBA courses in India.

1. Great Lakes Online MBA

The best online MBA course from Great Lakes that can be completed in 1-3 years and costs ₹3.5 lakhs. It offers a complete training in 5 specializations- Marketing, Finance, Analytics, Operations and HR. It is benchmarked to international standards and inculcates in the students contemporary business skills.

Another key feature is the STEM-designated MBA specialization in technology, analytics and data science. In other words, international students can be granted OPT extension up to 2 years after they have completed their studies in the US.

The program has all 100% full-time faculty with PhDs from top universities like Harvard, INSEAD, IIMs. The global outlook and research experience of the company result in high quality teaching standards.

The interactions of Great Lakes with the industry are shown through summer internships and placements. With the average salary of ₹10.5 LPA, Deloitte, Infosys, Wipro, and Grant Thornton were among the major recruiters.

The program consists of career coaching, resume reviews and mock interviews to enhance employability. Powered by its rigorous training, international curriculum, career guidance and STEM edge, Great Lakes online MBA provides a holistic learning.

2. IMT Online MBA

IMT was one of the first in India to float a one-year best online MBA course, allowing its highly reputed on-campus curriculum to be made available for ₹3.75 lakhs only. The program has 4 specializations, which are Marketing, Finance, HR and Operations.

IMT boasts of more than 70 full-time faculty, of whom 80% have earned PhDs from some of the worlds leading universities. Such teaching is theory-reasoned and practice-oriented.

In-depth industry exposure gets integrated through live projects, guest lectures, and alumni connects. Placements at IMT are a direct result of the institutes strong corporate ties with the likes of Cognizant, Byjus, and Flipkart recruiting the students. The maximum salary was ₹22 LPA, and the average was ₹7.2 LPA.

IMT is considered one of the best B-schools in India by NIRF, BW, based on its legacy, strong faculty, and industry exposure. Its partnerships with edX, Emeritus and first-mover advantage in online MBA is a key differentiator.

3. UPGrad Online MBA

UPGrad has a 2-year online MBA courses priced competitively at 3 Lakh rupees with 6 specializations devised by IIMs and industry experts. Over 200 faculty among IIM professors teach the industry-relevant curriculum with a focus on leadership and modern business skills.

UPGrad offers placement support through its over 500 hiring partners such as Godrej, and Amul and highest salary up to ₹35 lakhs. This program is centered on developing business acumen through capstone projects, MICA alumni status, and career mentoring.

UPGrad’s approach to online MBAs is globally ranked #17 by Fortune, owing to its industry-specific training methodology. The program provides working professionals and fresh graduates with the modern skills required to succeed in the digital economy through its high-quality curriculum and faculty.

4. NMIMS Online MBA

NMIMS provides a 2-year distance learning MBA course with 6 specializations for a fee of Rs. 4.5 lakhs. Trained by more than 60 full-time faculty and Ivy League faculty as permanent visiting faculty, the training methodology harnesses the power of practical experience from the auto industry.

The curriculum combines fundamental management principles, and real-world applications in the form of case studies, live projects, and industry talk. This leads to integrated learning, which, in turn, results in good career placements.

The leading companies that hire include Deloitte, Amazon, IBM, and ICICI Bank with the highest average pay scale up to ₹19.6 LPA NMIMS strong industry linkages and its tailored specializations make it stand out from among the others.

Known as one of the best among private MBA institutes in India by NIRF and acclaimed for its faculty, research-centric approach, and corporate relations, NMIMS is the second-rank holder. It has become a preferred choice over most other online MBAs because of its industry-focused training.

5. IIM Kozhikode Online MBA

IIM Kozhikode provides a rigorous two-year Online MBA program with 90% of classes taught by world-top (sic) universities PhD faculty. It has specialized tracks in Finance, Marketing, HR, IT, and Operations therefore providing comprehensive Management education.

No institution can boast a comparable international student exchange program among 15+ schools globally. The curriculum designed by a faculty of world-class IIMs offers a wonderful learning experience.

The students are placed at top firms such as Deloitte, EY, PwC, and Nestle with absorption ranges of up to ₹17L. The ranking of IIMK in India is #5, thus, it demonstrates its faculty and scholarly excellence.

The IIM graduate badge, STEM credits benefit, overseas exposure, and placements together make this 4.5L program a good deal for next-gen career growth in the future in the business scenario.

Key Comparison Factors of Online MBA Courses

Key Takeaways

Conclusion

Through the suitable online MBA program, you can quick track your professional growth in leadership positions across various domains. List your needs and narrow down to relevant options of the best online MBA courses in India in 2024, given the parameters such as specialization, placements, faculties, fees, and rankings. Your choice of an online MBA will be a factor that will determine the steepness of your career growth in the digital economy.

While conducting an online MBA search, use portals such as rozgar.com for fee comparison of institutes, curriculum, faculty qualifications, placement records, and alumni reviews. Rozgar.com being the leading job and education portal gives authentic information on the best online MBA courses in India along with student reviews. Studying insights on the Rozgar.com website can help you pick the optimal online MBA program that aligns with your career goals for the digital age. Intelligently, a management degree from a reputed institute availed online can offer a high return on investment as well as access to top leadership positions across numerous industry domains and can help getting best Job Opportunities in 2024.

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