Top 10 Online/Distance MBA Colleges in Mumbai- India’s Financial Hub

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Jagpreet

19 December, 2023

Top 10 Online/Distance MBA Colleges in Mumbai- India’s Financial Hub

The way that education is approached changes as per the demands of the professional world. Recent technology has brought a revolution as a whole. In this fast-paced setting, distance learning for MBA aspirants has become a practical option. It is particularly popular among people who are already in the workforce and want to advance their knowledge without having to take time away from their existing responsibilities or professions.

Distance MBA programmes offer flexibility, allowing students to pursue their studies at their own pace and convenience. The educational experience is facilitated online, enabling students to access lectures, learning materials, and resources from the convenience of their chosen locations. Candidates have the liberty to customise their learning experience by moving at their own pace. In today’s scenario, online learners get the benefit of interacting with industry professionals across the globe.

If you wish to pursue a Distance/Online MBA programme in Mumbai, this blog is for you. Mumbai is India’s financial hub, home to a number of international corporations. As such, the academic programme here will be heavily industry-focused, particularly around the area of management. Even though there may not be many institutions offering Online/Distance MBA courses in Mumbai, you will find several reputable institutions providing management programmes in nearby regions like Pune and Nashik.

List of Top 10 Online/Distance MBA Colleges in Mumbai

 

Sl#College NameCourse Fees
1Welingkar Institute of Management Development and Research (WeSchool)INR 1,01,000
2Yashwantrao Chavan Maharashtra Open University (YCMOU)INR 36,376
3Symbiosis Centre for Distance Learning (SCDL)INR 58,000
4S.P. Jain Institute of Management and Research (SPJIMR)INR 10,00,000
5MIT School of Management (MITSBM)INR 60,000
6Dr. D Y Patil Deemed to be UniversityINR 1,70,000
7Shivaji UniversityINR 63,810
8Xavier Institute of Business ManagementINR 60,900 + 18% GST
9Amity OnlineINR 1,79,000
10IGNOUINR 62,000

 

Related: Top 10 Online MBA Colleges in India

Let’s discuss these colleges in detail:

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

WeSchool’s outstanding hybrid PGDM curriculum is your ticket to excellent management education. Envision delving deeply into a curriculum that is based on experiential learning, with a focus on case studies, simulations, and industrial projects. WeSchool’s PGDM is more than just a management course; it’s an opportunity to seize lucrative placement and be a part of the vast alumni network. The finest aspect? You are free to select from a wide range of specialisations:

  • Marketing Management
  • Finance Management
  • Human Resource Management
  • Retail Management
  • Operations Management
  • Supply Chain Management
  • Business Administration
  • E-Business Management
  • Banking, Investment & Insurance Management
  • Rural & Agribusiness Management
  • Hospitality Management
  • Healthcare Management
  • Services Excellence
  • Travel and Tourism Management
  • IT Project Management
  • E-Commerce Management
  • International Business Management
  • Media & Advertising Management
Course NamePGDM
College TypePrivate University
Duration2 Years
Mode of LearningHybrid Mode
Exam ModeOnline
Learning ResourceseBooks, Physical Learning Material, Virtual Interactive Classrooms, Industry Visits, Weekend Workshops, etc.
Course FeeINR 1,01,000 (Full Course)
Entrance ExamN/A
Admission DriveJanuary & July
Exam DriveOccurs 4 times a year
NIRF Ranking73 (Management Category)
NAAC Accreditation
Awards/ RecognitionsNBA, AICTE
Placement AssistanceAccess to specialisation-wise job vacancies on website

2. Yashwantrao Chavan Maharashtra Open University (YCMOU), Nashik

The state university that is shattering stereotypes with its Online MBA programme is YCMOU! They are all focused on lowering the cost and increasing access to education. Imagine enrolling in a course designed to give you a firm understanding of management principles, tailored for learners from diverse backgrounds. The Online MBA programme offered by YCMOU is not only affordable but also a visionary, game-changing initiative. The fascinating thing is that you can investigate a variety of specialisations, such as:

  • Finance
  • Marketing
  • Human Resource Management
Course NameDistance MBA
College TypeSelf-financed
Duration2 Years
Mode of LearningDistance Mode
Exam ModeOffline
Learning ResourcesEBooks, Counselling Sessions
Course FeeINR 36,376 (full course)
Entrance ExamCommon ‘Entrance Examination’ conducted by the University
Admission Drive
Exam DriveDecember & May
NIRF Ranking
NAAC Accreditation
Awards/ RecognitionsUniversity Grants Commission (UGC),  Distance Education Bureau (DEB)
Placement Assistance

3. Symbiosis Centre for Distance Learning (SCDL), Pune

The PGDBA degree offered by SCDL, a gem in the Symbiosis family, is focused on innovation and entrepreneurship! It’s not your typical distance course; instead, it will help you prepare for the fast-paced world of business by polishing your creativity, problem-solving abilities, and business development skills. PGDBA at SCDL is more than just a degree; it’s a platform for new business trends and entrepreneurial behaviour. The cherry on the cake is that you can choose from a variety of post-graduation diploma specialisations, including:

  • Finance
  • Marketing
  • Management Accounting
  • Human Resources Management
  • Customer Relationship Management
  • Operations
Course NameDistance PGDBA
College TypePrivate University
Duration2 Years
Mode of LearningDistance Mode
Exam ModeOn Demand Computer based examination at designated centres
Learning ResourcesOnline Classrooms, Self-Learning Material
Course FeeINR ₹58,000/-  ((full course)
Entrance ExamNA
Admission DriveJanuary & July
Exam Drive
NIRF Ranking17 (Management Category)
NAAC AccreditationA++
Awards/ RecognitionsUniversity Grants Commission (UGC), DEB
Placement AssistanceInterviews, Career Advisors

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

The seasoned player in education, SPJIMR, offers you an Online PGDM programme that focuses on innovation and leadership. You will be immersed in industry interaction, leadership development modules, and experiential learning methods, all of which are designed to prepare you for elite leadership positions in the business sector. The Online PGDM programme offered by SPJIMR focuses on leadership development and experiential learning. And you can choose from the number of specialisations it offers, such as:

  • Finance and Markets
  • Advances in Supply Chain
  • Organisation and Leadership
  • Strategy
  • Marketing
  • Information Management & Analytics
Course NamePGDM
College TypePrivate University
Duration2 Years
Mode of LearningOnline Mode
Exam ModeOnline
Learning Resourcese-Learning Resources, Online Classes, Remote Access to Library
Course FeeINR 10,00,000 (Full Course)
Entrance ExamNA
Admission DriveJanuary & July
Exam Drive
NIRF Ranking20 (Management Category)
NAAC Accreditation
Awards/ RecognitionsNBA, AMBA
Placement AssistancePersonalised Career Assistance

5. MIT School of Management (MITSBM), Pune

The leading provider of business education, MITSBM, offers you a Distance PGDM programme focused on leadership and global sustainability. The curriculum revolves around industry projects, case studies, and simulations that are all designed to prepare you for leadership positions in sustainable businesses. The distance PGDM programme offered by MIT SBM is more than just a course; it’s a platform for leadership and global sustainability. Apart from this, the institution also provides the option of dual MBA-PGDM & EMBA course bundle. The fascinating thing is that you can investigate a variety of specialisations, such as:

  • Project Management
  • Finance Management
  • Marketing Management
  • Human Resource
  • Operations Management
  • Material Management
  • Logistics and Supply Chain
  • Banking & Financial Services
  • Construction and Project Management
  • Information Technology
Course NamePGDM
College TypePrivate University
Duration2 Years
Mode of LearningDistance Mode
Exam ModeOffline
Learning ResourcesHard Copies of Books, Contact Sessions
Course FeeINR 60,000-70,000 (Full Course)
Entrance ExamNA
Admission Drive
Exam DriveJanuary & July
NIRF Ranking
NAAC AccreditationA Grade
Awards/ RecognitionsUniversity Grants Commission (UGC), AICTE
Placement AssistanceCV/Resume Building, Industry Updates Through Experts, Three Interview Calls

6. Dr. D.Y. Patil Deemed to be University

The D.Y. Patil group once just started with a medical college, has now grown to multiple fields such as Arts, Science, Technology, Management, and Health Sciences. Over time, it’s become known for providing top-notch education and preparing talented leaders for the future. Continuing its mission to make quality education available to all, the Centre of Online Learning (COL) at Dr. D.Y. Patil Vidyapeeth offers programmes like BBA, MBA, and specialised Post-Graduate Certificates to students. Here you can choose from the number of specialisations it offers, such as:

  • Sales and Marketing
  • Human Resource Management
  • Hospital & Healthcare Management
  • Finance
  • International Business
  • Logistic & Supply Management
  • Entrepreneurship Management
  • Event Management
  • Retail Management
Course NameOnline MBA
College TypePrivate University
Duration2 Years
Mode of LearningOnline Mode
Learning ResourcesInteractive e-learning content, chat sessions, recorded lectures, and webinars are a part of the curriculum.
Course FeeINR

1,70,000

(Full course)

Entrance ExamNA
Admission DriveJanuary and July
Exam DriveAt the end of each semester
NIRF Ranking77
NAAC AccreditationNAAC A++
Awards/ RecognitionsUGC-DEB, AICTE
Placement AssistanceCV/Resume Building, Industry Updates Through Experts, Three Interview Calls

7. Shivaji University (CDOE)

Shivaji University was established in 1962 and it was  named after the legendary Chhatrapati Shivaji Maharaj. The University was inaugurated by Dr. Radhakrishnan, the President of India at that time. The institution aims to meet the educational needs of South Maharashtra. It covers three districts and boasts a whopping 300,000 students, making it a bustling hub of learning.

They are all about making education accessible to everyone. When this University was started, its main aim was to bring higher education to rural youth and promote research for the region’s growth. They offer various specialisations, so you can pick the one that interests you the most, like:

  • Marketing Management
  • Human Resource Management
  • Financial Management
  • Production and Operations Management
  • International Business
Course NameOnline MBA
College TypeGovt. university
Duration2 Years
Mode of LearningOnline Mode
Learning Resources– Asynchronous/Pre-recorded lectures
– Synchronous (live) lectures
– Videos
– Self-Learning Material (e-SLM)
– Interactive discussion forums
Course FeeINR 63,810 (Full course)
Entrance ExamUniversity’s entrance exam for online MBA
Admission DriveJune-July & Jan-Feb
Exam DriveAt the end of each semester
NIRF Ranking
NAAC AccreditationNAAC A++
Awards/ RecognitionsUGC-DEB, AICTE
Placement Assistance

8.  Xaviers Institute of Business Management Studies (XIBMS)

Xaviers Institute of Business Management Studies (XIBMS) in Mumbai is one of India’s leading business schools. The institution provides programmes in business and management studies specifically designed for working professionals. The online Master of Business Administration (MBA) programme is crafted to fast-track your learning and enhance your skills.

This course is perfect for working professionals like yourself who want to dive deep into management studies to boost their careers in the corporate world. Plus, you have the option to choose from various specialisations such as:

  • Human Resource Management
  • International Business
  • Marketing Management
  • Business Strategy
  • Advertising
  • Brand Management
Course NameOnline MBA
College TypeGovernment University
Duration2 Years
Mode of LearningOnline Mode
Learning ResourcesSelf Learning Material provided by the Institute
Course FeeINR 60,900.00 + 18% GST (Full course)
Entrance Exam
Admission Drive
Exam Drive
NIRF Ranking
NAAC Accreditation
Awards/ RecognitionsAICTE,  Distance Learning Council of India, Bombay Management Association, ISTE
Placement AssistanceThey provide placement assistance to students through their dedicated placement cell. Students are required to send their updated CV on [email protected]

9. Amity Online

Amity Online University is a leading online education provider in India. It provides you a wide range of UG, PG, Diploma and Certificate programmes. The institution is recognised by UGC. They are one of Asia’s top 200 universities and accredited by the WASQ, US. They are known for their innovative approach to online learning. It includes diverse learning mediums, AI-powered learning assistance and career-focused programmes. You have the options to choose from various specialisations such as:

  • International Finance
  • MBA in Digital Marketing
  • Digital Entrepreneurship
  • Business Analytics
  • Data Science
  • HR Analytics
  • Digital Marketing Management
Course NameOnline MBA
College TypePrivate University
Duration2 Years
Mode of LearningOnline Mode
Learning ResourcesLive and recorded classes, online learning material
Course FeeINR 1,79,000/-
Entrance ExamIf you have obtained marks less than 40% in the last qualifying exam, you will be required to answer a test conducted by the University.
Admission DriveJanuary – February & July – August
Exam DriveJuly & December
NIRF Ranking35
NAAC AccreditationA+
Awards/ RecognitionsUGC – DEB, AICTE, WES, WASC
Placement AssistanceThe University provides comprehensive placement assistance to the learners. They connect the students with various recruiters from a wide range of disciplines.

10. IGNOU 

The Indira Gandhi National Open University (IGNOU) was established by an Act of Parliament in 1985. IGNOU is famous for its high-quality teaching in the Open and Distance Learning (ODL) mode. Its Mumbai Regional Centre was established in Jan 2009 to expand educational opportunities in the region. The institution provides a wide range of programmes which include Certificates, Diplomas, UG and PG degrees. If you are a working professional or student seeking flexible learning options, you can opt IGNOU and this might be the best decision ever. They provide around 126 academic programs and have been recognised for its excellence. The best part is there are many specialisations available for you to choose from:

  • Human Resource Management
  • Financial Management
  • Operations Management
  • Marketing Management
  • Services Management
Course NameDistance MBA
College TypeGovernment
Duration2 years
Mode of LearningOffline
Learning ResourcesSelf learning material is provided by the university.
Course FeeINR 62,000/-
Entrance ExamOPENMAT
Admission DriveMarch
Exam DriveTwice a year
NIRF Ranking72
NAAC AccreditationA++
Awards/ RecognitionsUGC – DEB, NCTE, AICTE
Placement AssistanceThey have a dedicated Campus Placement Cell (CPC) that conducts placement drives for students.

 

Takeaway

If you are a fresh graduate or working professional aiming to boost your career, a distance MBA is an ideal step for you. Nowadays, distance/online MBA programmes are very much aligned with the curriculum of the regular courses. The appeal of distance MBA lies in its convenience, flexibility, and affordability. Moreover, there is no major difference between a PGDM and an MBA, it is a matter of priority and personal goals. Therefore, identify your goals, career aspirations and path to make the right call for choosing an online/distance MBA.

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