Cheapest Online MBA in India 2026: Online education is trending among working professionals, students, and women. Now, a Master of Business Administration can also be pursued in online mode from the top educational institutions. There are 100+ colleges, business schools, and universities that offer this course with their own fee structure. Some have low tuition costs, some have medium, while some have premium costs. Not everyone can afford each institution, nor is it suitable for them.
This article lists the top 10 cheapest online MBAs in India. We have arranged them from low to high order along with their course details so you can find your ideal college, which is also affordable for you.
About the MBA Course in the Cheapest Colleges in India
The duration of the online MBA course is 2 years in all Indian colleges. The course is designed to give practical business skills to all kinds of generations without knowing their geographical or financial limits. It is similar to a regular MBA, and it mostly focuses on skill development. The top 3 cheapest online MBA colleges are Yenepoya, Mizoram, and IGNOU. The average fee range for this course under the affordable colleges is between INR 50,000 and INR 1,99,999.
Admission Update: Online MBA admission is open at all of the cheapest universities in India for the July 2026 cycle. Those students who want to enroll in low cost online mba in India at any college can fill out our free counselling form to get help. 29 July 2026 is the last date to apply for Top 10 Cheapest Online MBA in India into the July 2026 academic year.
Also Read: Top 10 Online MBA Colleges in India 2026
Top 10 Cheapest Online MBA in India with Fees
| Rank | College Name | Fees |
| 1 | Yenepova University |
INR 25,000 per annum
|
| 2 | Mizoram University |
INR 27,130 per annum
|
| 3 | IGNOU |
INR 16,000 per semester
|
| 4 | Mangalaytan University |
INR 15,000 per semester
|
| 5 | MIT Pune |
INR 24,000 per semester
|
| 6 | GLA University |
INR 52,500 per annum
|
| 7 | Shivaji University |
INR 30,000 per annum
|
| 8 | Manav Rachna University |
INR 41,999 per semester
|
| 9 | Uttaranchal University |
INR 24,500 per semester
|
| 10 | Parul University |
1,10,000 total
|
Why Choose the Cheapest Online MBA in India?
Choosing the cheapest Online MBA in India is a very good decision for students and working professionals who want quality education at an affordable price. These affordable programs offer the same management knowledge, skills, and career opportunities as traditional MBA courses but at a lower cost.
There are many universities in India that offer UGC-approved online MBA programs with flexible learning schedules, industry-relevant curricula, and placement support. It’s an ideal option for those seeking a career, developing leadership skills, and earning a recognized degree without incurring additional costs.
Top 10 Cheapest Online MBA Colleges in India
100+ Indian colleges, universities, and business schools offer online MBA degree programs for the academic year 2026. Each has a different fee structure for its programs for different budget categories. Below, we have mentioned the top 10 online MBA programs with the lowest fees in India. Students can go through the following article to choose an institution within their budget.
1. Yenepova University Online
Yenepoya is the cheapest Online MBA College in India. It was established in 1991 as a private university in the southern region. It is recognized by UGC-DEB and AICTE, making its degree valid. NAAC has awarded the colleges with an ‘A+’ grade. The university offers this course with 5 specializations, like Finance, HR, Marketing, etc.
Yenepoya University’s Online MBA program is one of the most affordable for students looking a MBA colleges in budget. We can say it is the Cheapest Online MBA in India. More details is given below in the table:
Yenepoya Online MBA Course Details
| Course Fee | INR 25,000 per annum |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last Date | 25 July 2026 |
2. Mizoram University Online
Mizoram University is a central government university in India. It is the It is an ‘A+’ grade university 2nd cheapest online MBA in India under 55k. It is UGC-DEB recognized and AICTE approved. to NAAC, and it is among the #top 100 universities in the NIRF MBA ranking 2025. The university offers an online MBA with multiple specializations like Finance, HR, Marketing, etc. The admission is open for the July 2026 session and selection process is merit-based.
Mizoram Online MBA Course Details
| Course fee | INR 27,130 |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last Date | 26 July 2026 |
3. Indira Gandhi National Open University (IGNOU)
Indira Gandhi National Open University is also a central university, which is also the No. 1 university by the NIRF ranking framework 2025. The university is approved by UGC-DEB & AICTE for higher education in India. NAAC awarded it an ‘A++’ grade for providing innovative and qualitative education through different methods of learning. IGNOU is overall good cheapest online MBA from a government university.
IGNOU online MBA course is a postgraduate course with a duration of 2 years, and the course is designed in a semester system. The curriculum is created by the expert and experienced faculty members of the university. The course is widely accepted by the recruiters and govt jobs too.
IGNOU Online MBA Course Details
| Course fee | INR 16,000 per semester |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last Date | 31 July 2026 |
| Official Portal | ignou.ac.in |
4. Mangalaytan University Online MBA
Mangalayatan University is glorifying the education system with its #18-year-old legacy. The university is situated in Uttar Pradesh and recognised by UGC-DEB, AICTE, and AIU. Along with this, the university has gained an ‘A+’ grade by NAAC, too. The university offers multi-disciplinary Master of Business Administration online courses to students. Managalaytan University has begun the application procedure for the Online MBA course in the July 2026 academic year..
Candidates who are interested are required to meet the eligibility criteria set by the university to enroll in the Mangalayatan University Online MBA course. There are 10+ specialisations that are offered by the university in the online MBA programme.
Mangalayatan Online MBA Course Details
| Course fee | INR 15,000 per semester |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last date | 27 July 2026 |
5. MIT Pune Online MBA
MIT Pune School of Distance Education was established in 2008, and UGC and AICTE approved the university for online and distance education. MIT is certified by ISO and NAAC and is also awarded with an ‘A’ category for higher education. The university offers an online PGDM course.
The MIT Pune Online MBA course is equivalent to a regular MBA degree; it is a 24-month course in semesters. The course is offered in 10 prominent specializations: MBA in finance, marketing, operations, etc. The fee is also affordable compared with other universities, which is INR 96,000 for the full programme.
MIT Pune Online MBA Course Details
| Course Fee | INR 24,000 per semester |
| Eligibility Criteria | Any graduate |
| Admission Last date | 28 July 2026 |
6. GLA University Online MBA
GLA University is a private university in Mathura, and the UGC also gave approval to the university for online and distance education. AICTE and NAAC recognised the university with an ‘A+’ grade. GLA Online offers interdisciplinary courses in an online mode to graduates.
GLA University online MBA course is the most famous among students; the course comes with several specializations, which is why it is the cheapest Online MBA University in India. Like an online MBA in marketing management, business analytics, financial management, etc.
GLA Online MBA Course Details
| Course Fees | INR 52,500 per annum |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last Date | 29 July 2026 |
7. Shivaji University Online MBA
Shivaji University is a UGC-DEB-entitled public university for online education. NAAC accredited the college with an ‘A++’ grade for the higher education system in India. The Shivaji University online MBA course duration is 24 months, which is split into 4 semesters.
The university has dedicated faculty members for 250 candidates to teach the course in a holistic manner. Along with quality education, you also have 100% placement assistance and opportunities from the placement cell of SU.
Unishivaji Online MBA Course Details
| Course fee | INR 30,000 per year |
| Eligibility Criteria | Graduation degree with 50% mark |
| Admission Last Date | 25 July 2026 |
8. Manav Rachna University Online MBA
Manav Rachna University Online is approved by UGC-DEB and AICTE for online education, and it offers the cheapest online MBA in India. The university ranked among the #100 universities in the NIRF ranking index 2025 and is NAAC accredited with an ‘A++’ grade as well. The university is ranked #1 globally in QS online class experience, and it is a remarkable achievement for any university.
Students or working professionals who want to have an education in the management field should go to this university. Manav Rachna Online MBA is one of the best programs in India for working professionals. The duration of the course is 2 years, and it explores 15+ specializations.
Manav Rachna Online MBA Course Details
| Course Fee | INR 41,999 |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last Date | 26 July 2026 |
9. Uttaranchal University Online MBA
Uttaranchal University is recognized by numerous organizations such as UGC-DEB, AICTE, AIU, WES, and ISO. The university is awarded with an ‘A+’ category by NAAC, and it has #24 years of excellence in higher education. There are multiple courses that are offered by UU in online mode with an affordable fee structure. The Uttaranchal University Online started the Online MBA admission under the July 2026 session.
Uttaranchal University Online MBA is a 24-month course at Uttaranchal University, which comes with 8 elective subjects. There is an early bird scholarship going on for the 2026 academic session. Interested candidates can take admission to this university by visiting the online portal of the university.
UU Online MBA Course Details
| Course Fees | INR 24,500 |
| Eligibility Criteria | Bachelor’s degree |
| Admission Last Date | 27 July 2026 |
10. Parul University Online MBA
Parul University is known for its strong e-learning platform and engaging live interactive classes that make online learning more practical and student-friendly. The university is UGC-entitled for online education and has received an NAAC A++ accreditation, reflecting its academic quality.
Parul University Online offers a 24-month Online MBA program delivered through a semester system. The course includes five in-demand specializations and provides 100% placement assistance to support students’ career growth. Parul University Online MBA admissions for the July 2026 session are currently open. The program also offers flexible payment options, including EMI plans, making it easier for students and working professionals to manage their fees while pursuing their MBA.
Parul Online MBA Course Details
| Course Fees | INR 75,000 per semester |
| Eligibility Criteria | Bachelor’s degree with 50% mark |
| Admission Last Date | 28 July 2026 |
Top 3 Cheapest Online MBA Comparison
| University | Annual Fee | University Type | NAAC Grade | UGC-DEB Approved |
AICTE Approved
|
| Yenepoya University | ₹25,000 | Central Govt. | A+ | ✅ | ✅ |
| Mizoram University | ₹27,130 | Central Govt. | A++ | ✅ | ✅ |
| Indira Gandhi National Open University | ₹32,000 | Private | A+ | ✅ | ✅ |
Eligibility Criteria for the Cheapest Online MBA in India
- Applicants must have a bachelor’s degree in any discipline from a recognized university.
- Minimum 45 to 50% marks in graduation are usually required.
- Working professionals can apply, but work experience is not mandatory.
- Some universities accept scores from CUET, CAT, MAT, or their own entrance tests, while many offer admission based on merit.
- There is no upper age limit for applying to an online MBA.
- Students can apply from anywhere in India, as classes, exams, and learning materials are provided online by the Universities.
- Candidates must upload valid academic documents during admission.
Online MBA Under 10k in India
Various universities offer an Online MBA degree with fees under 10k per month (as monthly EMI). Interested students really wanted to do a Master of Business Administration online course that has value, so they can choose from Amity University, Manipal, Symbiosis, DY Patil, and more. We mentioned the cost of EMI fees below. Students can choose any of them according to their interests.
| College | Monthly Fees under 10K |
| Amity University Online MBA | INR 8,292 |
| Manipal Online MBA | INR 4,583 |
| Dy Patil Online MBA | INR 7,083 |
| Symbiosis Online MBA | INR 8,750 |
| NMIMS Online MBA | INR 8,750 |
Cheapest online MBA in India Quora
According to Quora, the most affordable online MBA in India is offered by IGNOU. While some universities like Yenepoya may have slightly lower fees, IGNOU stands out for its value and credibility. It is a central university approved by UGC-DEB, AICTE, and AIU, so its degree is widely accepted. IGNOU is also ranked the top open university in India. It offers a well-structured program, has study centers across the country, and provides placement support, making it a reliable and budget-friendly choice for MBA aspirants.
Cheapest online MBA in India Reddit
As per some Reddit threads (“What is the best online MBA at low cost in India?“), The user has discussed that IGNOU Online is the best and cheapest online MBA in India. It is the rank 1 Open University (as per NIRF ranking 2025). However, before jumping into the admissions process, students must know the limitations of this program. There is no doubt IGNOU’s fee is affordable, but it comes with some old curriculum, self-study mode, delay in study material delivery, not proper students support. Even if you enroll, there is no guidance or updates regarding the exam, re-registration, assignment submission, etc. The biggest drawbacks is offline exams, you have to physically visit the exam center.
FAQs About Cheapest Online MBA Colleges in India
Question: Which online MBA is the cheapest?
Answer: Yenepoya and Mizoram online MBA are the cheapest in India. Students can complete these degrees within Rs 50,000 to Rs 55,000 for the complete course.
Question: What is the last date for admission of Online MBA programme?
Answer: The last date to apply for Online MBA Admission has been extended to 29 July 2026 for most of the universities.
Question: What is the average online MBA fee in India?
Answer: The average online MBA fee in India is between INR 50,000 to INR 3,00,000. However, if any students want quality learning, a good alumni network, employer recognition, and 100% placement assistance, then the course will cost around INR 2,50,000 to INR 4,00,000.
Question: Is an online MBA worth it in India?
Answer: Yes, an Online MBA degree is worth it in India, especially when you pursue it from a UGC approved university and have an NAAC A+ rating.
Question: What is the cheapest online MBA you can get?
Answer: Yenepoya University’s online MBA is the cheapest you can get in India in 2026. The fee for this course is INR 50,000.
Question: What is the best online MBA at a low cost in India?
Answer: The best online MBA at the lowest cost in India is GLA University. It is offering this course within the 1 Lakh range along with a good reputation, strong market perception & placement support.
Question: Is IGNOU is the cheapest Online MBA College?
Answer: No, there are many other Online MBA colleges cheaper than IGNOU.
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