MBA is one of the most popular degree coursed in India, and students can choose any of the available types to earn their degree. The 6 different verticles or types of MBA that can be pursued in India are full-time MBA, Online MBA, Distance MBA, Executive MBA, One-year MBA, and MBA integrated course. These types of MBA can be further categorized into varied specializations, whereby each specialization deals with a particular subject of study including its related associate branches.
The various types of MBA and their scope in India have significantly risen due to the huge employment opportunities created by MBA courses. India has more than 3,000 MBA colleges and more than 8500 different types of MBA courses. Apart from the regular 2-year full-time MBA, there are 3 different options available for the aspirants of MBA.
With time, the demand for various types of MBA specializations has also increased as each department of every sector needs experts from relevant fields. The MBA Admission 2024 process for all types of MBA specializations is similar except for a 1-year MBA where students must have at least a year of job experience. The most in-demand types of MBA course lists include MBA Finance, MBA HR management, MBA Marketing, MBA global management, etc across the top MBA colleges in India.
Check: MBA Specialisations
Table of Content
Types of MBA in India
| Types of MBA | Eligibility | Duration | Average Fees (INR) |
|---|---|---|---|
| Executive MBA | Graduation with 3+ years of work experience | 1-2 Years | 15,00,000 |
| Distance MBA | Graduation in any descipline | 2-4 Years | 40,000 |
| Online MBA | Graduation | 2 Years | 40,000 |
| 1 Year MBA | Graduation with 3+ years of work experience | 1 Year | 7,00,000 |
| Part-time MBA | Graduation | 2-4 Years | 10,00,000 |
Check:
| Best MBA Programs | IIM Certificate Courses |
| MBA through GMAT | MBA Admission Through MAT |
| MBA Admission Through CAT | Is MAT tougher than CMAT? |
MBA Specialisations
Executive MBA (EMBA)
Executive MBA is one of the best types of MBA for working professionals it is a 1-year course that focuses on business and is specially meant for working professionals with extensive experience.
- Students pursuing Executive MBA from the top MBA colleges in India get to study management topics like Marketing, Human Resource Management, International Business, and Microfinance.
- Designed to educate job seekers, managers, entrepreneurs, technocrats, and other business leaders, it relies heavily on teamwork with a striving to achieve a common goal.
- It should be noted that there is a difference between an Executive MBA vs MBA for Executives
- The course curriculum also introduces them to Strategic Management and Executive Communication.
Check: Executive MBA from IIM
Executive MBA: Course Details
| Mode | University/College Based |
| Executive MBA Duration | 12-18 months |
| Executive MBA Eligibility | Bachelor’s Degree + Work Experience |
| Executive MBA Admission | Merit/ Entrance Based |
| Executive MBA Fees | INR 2-20 LPA |
| Top Executive MBA Colleges | IIM Bangalore, NMIMS Mumbai, SIBM Pune |
| Executive MBA Specialisations Offered | Executive MBA Human Resource Management, Executive MBA Marketing, Executive MBA Finance, etc. |
Executive MBA: Eligibility Criteria
Candidates who wish to study an EMBA course must satisfy the following eligibility parameters:
- For admission in this type of MBA Course a minimum of 50% marks at Higher & Senior Secondary level (10th & 12th) Engineering/B.Sc./BBA/B.Com graduates with a minimum of 50% marks from a recognized university
- Preference will be given to candidates with a minimum of 2 years of work experience and above for this type of MBA specialisation.
Top Executive MBA Colleges in India
The list of colleges providing Executive MBA courses in India is as follows:
| College | Average Fees (INR) |
|---|---|
| Indian Institute of Management | 25,00,000 |
| Indian Institute of Management | 21,40,000 |
| Symbiosis Centre for Management and HRD | 2,10,000 |
| Symbiosis Institute of Business Management | 2,60,000 |
| Indian School of Business | 37,00,000 |
| Amity University | 6,20,000 |
| Indian Institute of Business Management and Studies | 40,800 |
| Narsee Monjee Institute of Management Studies | 4,70,000 |
| Delhi Technological University | 2,30,000 |
| University of Delhi- Faculty of Management Studies | 95,000 |
Executive MBA: Admission Process
Admissions to such types of MBA courses are generally done through the common entrance exams like GMAT, GRE, and EMAT. After the student clears all the Executive MBA Eligibility Criteria as mentioned above, colleges follow the admission pattern as given below:
- Entrance Exam
- Group Discussion
- Personal Interview
After completing the Executive MBA course, students have a lot of opportunities to explore. One can even bag a higher position in their firm as a means of promotion. Some of the recruiters for these types of MBA Programs include Flipkart, TATA, Airtel, TCS, Infosys, Accenture, etc.
Check: Online Executive MBA from IIM
Executive MBA: Skills Required
Candidates who aspire to pursue an Executive MBA should possess the following required MBA skills:
- Strong mathematical, analytical, and logical abilities are very important for these types of MBA Programs.
- Understands the importance of leadership and effective administration
- Superb communications skills
- A thirst for knowledge
- Firm IT skills
- Excellent management and chaos-handling skills
- Knows Laws, rules, and regulations
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| MBA Admission without Exam | MBA GD-PI Preparation |
Distance MBA
Distance MBA is a correspondent mode of study for aspirants who cannot pursue regular types of MBA Courses. MBA Distance can be pursued by both graduates and working professionals.
- With the approval by UGC in 2018, some of the top management colleges have been providing a Distance MBA course which is a 2-year post-graduate course.
- The average fees for MBA distance education courses range between INR 30,000 to INR 2,50,000, depending on the university.
- Many colleges also conduct separate entrance exams for their Distance MBA courses. For example, for an MBA from IGNOU, students need to take the IGNOU OPENMAT exam.
- The minimum Distance MBA eligibility required is a graduation certificate from a recognized university. Some universities may also ask for work experience. Check: Distance MBA Admission Process
Check everything related to Distance MBA in India.
Distance MBA: Course Details
| Mode | Away from the university infrastructure |
| Distance MBA Duration | 2-5 Years |
| Distance MBA Eligibility | Bachelor's degree with 50% and to have a work experience of 2 to 3 years. |
| Distance MBA Fees | INR 20,000-70,000 |
| Distance MBA Admission | Merit/Entrance-Based |
| Top Distance MBA Colleges | Indira Gandhi National Open University (IGNOU), Symbiosis Centre for Distance Learning (SCDL), ICFAI University, Directorate of Distance Education, etc. |
| Distance MBA Specialisations | Finance, Marketing, HR Management, Digital Marketing, etc. |
Distance MBA: Specialisations
Students opting for a distance MBA can go for different types of MBA specialisation. From finance, and operations, to human resources and marketing, there are plenty of options available. Some of the top MBA specialisations along with their average salary packages are mentioned below:
| Specialisation | Average Salary (INR) |
|---|---|
| MBA Finance | 5,00,000 – 12,00,000 |
| MBA Marketing | 6,00,000 – 15,00,000 |
| MBA HR Management | 5,00,000 – 10,00,000 |
| MBA Digital Marketing | 4,00,000 – 8,00,000 |
| MBA International Business | 5,00,000 – 15,00,000 |
Distance MBA: Eligibility and Entrance Exams in India
- Graduates from any stream with at least 50% academic aggregate can apply for a distance MBA.
- The candidates are required to have 3+ years of work experience in these types of MBA courses.
- A list of popular institutions with their MBA distance eligibility criteria are mentioned below:
| College | Criteria |
|---|---|
| Indira Gandhi National Open University (IGNOU), Delhi | 50% marks in graduation (45% for reserved category); Minimum cut-off in OPENMAT (Check exam dates) |
| Symbiosis Centre for Distance Learning (SCDL), Pune | Graduation in any discipline from a UGC-recognized university; Minimum test scores in – MAHCET, NMAT, XAT, etc. |
| School of Open Learning (DU SOL), Delhi | Bachelor’s degree with at least 50% marks; A valid CAT score (Check CAT score calculation) |
| NMIMS GASCE, Mumbai | Bachelor’s degree in any discipline with 50% aggregate marks; At least 2 years of work experience |
| Amity University, Noida | Graduate in any discipline from a recognized university |
Online MBA
Online MBA Programs offer adaptable choices that permit you to satisfy the requests of your bustling timetable while making the following strides in your profession.
- Most online MBA programs permit you to spread your expenses and time over longer periods. Accordingly, permitting you to take classes at your movement alongside a timetable that works with your own and expert responsibilities.
- With an assortment of obvious designs, including recorded talks and live web conference courses led in virtual study halls, the various types of MBA programs give an adaptable mix that suits both your learning style and way of life.
- Several management institutes in India like Amity University Online, Jaipur National University, Pondicherry University’s Directorate of Distance Education, and National Institute of Business Management (NIBM) offer online MBA courses.
- The tenure of these types of MBA programs usually varies from 1 to 2 years depending on the colleges.
- The cost of online MBA courses in India is cheaper as compared to regular types of MBA courses and ranges from INR 20,000 to 3,00,000.
Check: Online executive MBA from IIM
Online MBA: Course Details
| Mode | Online through Web facilities |
| Online MBA Duration | 1-4 years |
| Online MBA Eligibility | Bachelor’s Degree |
| Online MBA Admission | Merit-Based |
| Online MBA Fees | INR 40,000-3,00,000 |
| Top Online MBA Colleges | Amity University, National Institute of Business Management (NIBM), Assam Don Bosco University, etc. |
| Online MBA Specializations | Project Management, Supply Chain Management, Operations Management, Human Resource Management, Finance Management, Marketing Management, International Trade Management, Retail Management, etc. |
Online MBA: Eligibility
Candidates are eligible for admission to online MBA courses on the basis of the following parameters:
- Graduation degree with at least 50% marks for the General category and 45% for the Reserved category.
- Final-year students are also eligible for an Online MBA course.
- There are no age restrictions and the candidates need to qualify for the entrance exam conducted by the institute.
Top Online MBA Colleges in India
| College | Duration | Average Fees (INR) |
|---|---|---|
| Amity University Online | 2 Years | 2,50,000 |
| Jaipur National University | 2 Years | 55,800 |
| Pondicherry University’s Directorate of Distance Education | 2 Years | 45,000 |
| National Institute of Business Management | 1-2 Years | 22,000 |
| Venkateshwara Open University | 2 to 4 Years | 53,200 |
| Assam Don Bosco University | 2 to 4 Years | 1,00,000 |
| Karnataka State Open University | 2 years | 40,000 |
| NMIMS Global Access School for Continuing Education | 2 years | 86,000 |
| ITM University Online | 2 years | 80,000 |
Online MBA: Admission
The admission criteria for online MBA courses differ for different institutions.
- The aspirants need to clear the qualifying exams like CAT, MAT, GMAT, and XAT with a scorecard that is not more than 2 years old at the time of application.
- Few universities offering Online MBA courses also conduct their entrance exams and give an added advantage to the candidates having work experience. Check: Online Courses in IIMs
Online MBA: Syllabus
Even though the Online MBA Syllabus is similar to that of the regular MBA syllabus, some of the core subjects are mentioned below:
| Management functions and behaviors | Information technology for managers |
| Quantitative techniques for management | Research methodology |
| Legal aspects of management | Business management and operations |
The job roles of Online MBA graduates are similar to that of a full-time MBA alumnus.
1 Year Full-Time MBA
There is a big difference between a One Year MBA and an Executive MBA (EMBA) in India. EMBA abroad is a modular, part-time program offered to senior executives who don’t wish to leave their jobs but in India, there is a difference between 1 Year Full Time MBAs and executive MBAs.
- Top Management Colleges like ISB Hyderabad, IIM Ahmedabad, IIM Bangalore, and IIM Calcutta provide one-year full-time residential MBA equivalent programs. After passing of IIM Act 2017 all IIMs have started awarding Master of Business Administration degrees to the students of their one-year program on its successful completion instead of an earlier diploma.
- Since ‘Executive’ is part of almost all 1-year types of MBA in IIMs, students and the media call these One Year MBA equivalent programs Executive MBAs.
- The one-year residential types of MBA in IIMs are NOT the modular EMBA programs available globally.
1 Year Full Time MBA vs Executive MBA
| Particulars | 1 Year Full Time MBA | Executive MBA |
|---|---|---|
| Full time | Yes | No |
| Residential | Yes | No |
| Duration | 12-15 months | 15-36 months |
| Minimum work experience Required | 2-5 Years | 5-10 Years |
| Admission Process | GMAT/GRE required. | Profile based. |
| Placement Assistance | Assistance will be provided | Assistance will not be provided |
1 Year Full Time MBA: Eligibility
The eligibility criteria required for 1 Year Full-Time MBA is:
- The student must have a work experience of 4-5 years
- The student must clear GMAT/GRE for admission.
- The higher the GMAT/GRE score, the higher chances for selection.
1 Year Full Time MBA: Admission Process
The B-Schools require the student to have the following document for these types of MBA Programs:
- Submit a statement of purpose,
- participate in an alternate written ability & verbal ability test in case they have their own admissions exam, and
- submit letters of recommendation from previous employers or mentors.
- Shortlisted candidates have to undergo a personal interview,
1 Year Full Time MBA: Top Colleges
| College Name | Average Fees (INR) |
|---|---|
| IIM Bangalore | 27,50,000 |
| IIM Ahmedabad | 25,00,000 |
| ISB Hyderabad | 34,63,240 |
| IIM Calcutta | 27,00,000 |
| SPJIMR Mumbai | 19,60,000 |
| XLRI Jamshedpur | 20,00,000 |
| IIM Indore | 20,00,000 |
Check:
Part-time MBA
Since MBA is a very popular course it is difficult for all students to study management programs via regular types of MBA courses. This is where Part-time MBA programs come in for working executives who do not have much exposure to the formal management course.
Salient Features of Part-time MBA
- Part-time MBA has a similar curriculum as that of Full Time MBA.
- Classes are held on weekends and outside business hours on weekdays.
- The part-time MBA program is more flexible as compared to full-time MBA.
- The most attractive feature of pursuing a part-time MBA course is to be able to add an MBA degree along with the current job.
- Part-time types of MBA offers great opportunities for networking
- Part-time MBA is cheaper & economical as compared to a regular MBA program which is a boon for working professionals who don't have the capability of pursuing a regular type of MBA course.
Part-time MBA Top Colleges
| College Name | Average Fees (INR) |
|---|---|
| IIM Bangalore | 18,50,000 |
| IIM Lucknow | 13,55,000 |
| IIM Indore | 15,00,000 |
| IIM Kozhikode | 10,00,000 |
| IIM Kozhikode | 8,00,000 |
| IIM Tiruchirappalli (Chennai Campus) | 11,80,000 |
| XLRI Jamshedpur | 10,72,000 |
| MDI Gurgaon | 9,73,000 |
| FMS Delhi | 51,000 |
| IMT Ghaziabad | 6,00,000 |
| JBIMS Mumbai | 1,53,000 |
| K J Somaiya Institute of Management & Research, Mumbai | 2,65,734 |
| School of Business Management –NMIMS, Mumbai | 4,75,000 |
| Symbiosis Institute of Business Management (SIBM) Pune | 6,10,000 |
| LBSIM New Delhi | 3,25,000 |
| IFIM Bangalore | 3,50,000 |
Types of MBA Specializations with Top Colleges
Types of MBA: Scope
| MBA Types | Scope |
|---|---|
| Executive MBA | Job opportunities after completing an executive MBA in India are vast. The student after completing an executive MBA earns more than INR 25,00,000 to 35,00,000 especially after doing it from a top MBA College. |
| Distance MBA | Distance MBA from a reputed Open University can open several doors for students. One can start their career as a marketing manager earning INR 7,00,000 to 10,00,000. Distance MBA holds a lot of value and employers are open to providing managerial positions for people who have done Distance MBA. |
| Online MBA | Online MBA is generally pursued by people who are already working and have managerial experience. Online MBA helps to brush up on new knowledge in the field. This helps the person excel higher on the corporate ladder. |
| 1 Year MBA | 1 Year MBA provided at top B-Schools in India is completely different from an Executive MBA. Although 1 Year MBAs have a lot of scopes and completing it from a top Institute can earn the student INR 15,00,000 to INR 18,00,000 in India. |
| Part-time MBA | A part-time MBA is a boon for working professionals who have the chance of having an MBA degree while working. This will help in advancing the corporate world. Even the company where you are presently working will give you a managerial role in the near future. |
Types of MBA in IIM
| Institute | Course Offered |
|---|---|
| IIM Ahmedabad | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Executive Post Graduate Programme in Management (EPGP) OR Post Graduate Programme in Management for Executives (PGPX) | |
| Armed Forces Programme in Business Management (AFP) | |
| ePost Graduate Programme (ePGP) | |
| Post Graduate Programme in Food and Agri-business Management (PGP- FABM) | |
| Faculty Development Programme (FDP) | |
| IIM Bangalore | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Executive Post Graduate Programme in Management (EPGP) OR Post Graduate Programme in Management for Executives (PGPX) | |
| Post-Graduate Program in Public Policy and Management (PGPPM) | |
| Post-Graduate Programme in Enterprise Management (PGPEM) | |
| IIM Calcutta | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Post Graduate Programme in Management for Executives (PGPEX) | |
| PGPEX-VLM (Post Graduate Program for Executives for Visionary Leadership in Manufacturing) | |
| CEMS MIM: Master’s in International Management | |
| Post Graduate Diploma in Business Analytics (PGDBA) | |
| IIM Jammu | Post Graduate Programme in Management (PGP) |
| IIM Kozhikode | Executive Post Graduate Programme in Management (EPGP) |
| Post Graduate Programme in Management (PGP) | |
| Post Graduate Programme in Business Leadership (PGP-BL) | |
| Management Development Programme | |
| Fellow Programme in Management (FPM) | |
| IIM Nagpur | Post Graduate Programme in Management (PGP) |
| IIM Ranchi | Post Graduate Diploma in Management (PGDM) |
| Fellow Programme in Management (FPM) | |
| Post Graduate Programme in Management for Executives (PGEXP) | |
| Post-Graduate Programme in Enterprise Management (PGPEM) | |
| Certificate Program in General Management (CPGM) | |
| Post Graduate Diploma in Human Resource Management | |
| IIM Sambalpur | Post Graduate Programme in Management (PGP) |
| IIM Sirmaur | Post Graduate Programme in Management (PGPM) |
| IIM Udaipur | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Post Graduate Programme in Management for Executives (PGPX) | |
| MDP for Women Entrepreneurs (MDPWE) | |
| IIM Amritsar | Post Graduate Programme in Management (PGP) |
| IIM Bodh Gaya | Post Graduate Diploma in Management (PGDM) |
| IIM Indore | Executive Post Graduate Programme in Management (EPGP) |
| Post Graduate Programme in Management (PGP) | |
| Fellow Programme in Management (FPM) | |
| Post Graduate Programme in Management Mumbai (PGP- Mumbai) | |
| Integrated Programme in Management (IPM) | |
| Fellow Programme in Management (Industry) | |
| Post Graduate Diploma Programme in Management for Executives (Modular)-PGPMX- offered in Mumbai | |
| Post Graduate Programme in Human Resource Management (PGP-HRM) | |
| IIM Kashipur | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Executive Post Graduate Programme in Management (EPGP) | |
| Executive Fellow Programme in Management (EFPM) | |
| IIM Lucknow | Post Graduate Programme in Management (PGP) |
| Executive Fellow Programme in Management (EFPM) | |
| Fellow Programme in Management (FPM) | |
| Post Graduate Programme in Agri-business Management (PGP- ABM) | |
| Post-Graduate Programme in Management for Working Executives (WPM) | |
| Post-Graduate Programme in Sustainable Management (PGP- SM) | |
| Management for Executives (IPMX) | |
| IIM Raipur | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Post Graduate Programme in Management for Working Executive (PGPWE) | |
| Executive Fellow Programme in Management (EFPM) | |
| IIM Shillong | Post Graduate Programme in Management (PGP) |
| Fellow Programme in Management (FPM) | |
| Post Graduate Program for Executives - Managing Business in India and China (PGPEx- MBIC) | |
| IIM Rohtak | Post Graduate Programme in Management (PGPM) |
| Fellow Programme in Management (FPM) | |
| Executive Post Graduate Programme in Management (EPGP) | |
| IIM Tiruchirappalli | Post Graduate Programme in Management (PGPM) |
| Post Graduate Programme in Business Management (PGPBM) | |
| Fellow Programme in Management (FPM) | |
| IIM Visakhapatnam | Post Graduate Programme in Management (PGP) |
| Post Graduate Certificate Programme in Business Management for Experienced Professionals |
Types of MBA: FAQs
Ques. What is the difference between an Executive MBA and a Regular MBA?
Ans. An executive MBA course differs from a General MBA in many respects ranging from the course duration to the eligibility criteria. To know in detail about how the 2 courses differ, click here.
Ques. What are the eligibility criteria for getting admission to an Executive MBA?
Ans. Executive MBA is offered in different IIMs under different names. Due to this, there might be some variations in the prerequisites. However, the biggest prerequisite to pursuing this course from any institute is work experience. Other prerequisites include:
- Graduation in any stream
- A valid GMAT score
- Minimum age as set by the institute.
Ques. Who should pursue an online MBA?
Ans. An online MBA program is the most suitable option for graduate professionals having a few years of experience. To be precise, it is fit for aspirants who are already working and want to earn a management degree along with a corporate career.
Ques. Can I pursue an executive MBA from Online?
Ans. Yes, you can but make sure that you are opting for it from reputed and recognized universities such as NMIMS, Symbiosis, Welingkar etc.
Ques. Do the students receive books and other study material after enrolling in an online MBA course?
Ans. Students receive books and other study material after enrolling in the online MBA program along with the login credentials. Students can log in to the online portal and access the notes, online recorded lectures, participate in the discussions, and so on. They can learn through the PowerPoint presentations and solve mock test papers for exam preparations.
Ques. What type of degrees are offered in various types of MBA distance education?
Ans. In India, management institutes offer MBA, PGDM, PGD, and PGP degrees through distance mode of education. Institutes like NMIMS also offer a certificate degree (the duration of which is 6 months).
Ques. What is the difference between a distance MBA and an executive MBA?
Ans. Executive MBA or EMBA is designed for working professionals with at least 6 to 12 years of experience, whereas candidates with less than 4 years of experience go for a distance MBA. An EMBA provides high ROI to the candidates and the organization in which they are working. Unlike distance MBA, where students have the freedom to study as per their convenience, EMBA classes are generally conducted during the evening. The course duration for both the programs also differs in both the programs.
Ques. Which college is good for an Executive MBA?
Ans. The top colleges offering Executive MBA are:
Ques. How do one appear for the Online MBA examinations?
Ans. Students can give the exams online as per their convenience and for some of the examinations, they have to follow a schedule. The case studies, presentations, and assignments should be submitted through the online portal, which will be evaluated by the professors. Degree will be awarded after successfully clearing the exams.
Ques. Which is the best MBA Distance Education stream?
Ans. Every distance MBA stream provides applicant with ample space for learning. Though, job-wise, the best MBA distance education streams are International management, General management, Operation Management, Strategy Management, and Consulting Management.
Ques. How many types of MBA are there?
Ans. The types of MBA available in India are Regular MBA, Distance MBA, Online MBA, Executive MBA, MBA Abroad, and Integrated MBA. Though, there are numerous types of MBA specializations available in India. MBA finance, MBA Marketing, and MBA HR are the most popular.
Ques. Which type of MBA is best?
Ans. Some of the most popular types of MBA which are in huge demand in India are General Management. It also includes: International Management, Strategy, Consulting, Finance Leadership, Entrepreneurship, Marketing, and Operations Management.
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