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An online Masters in Business Administration (MBA) is a form of distance learning program that uses virtual learning platform or e-learning to impart lessons. All you require is access to active internet connection or ability to reach the city-specific virtual learning centre. Simply put, online MBA is somewhere between a regular MBA and correspondence MBA. 

Based on the duration, the online or satellite management programmes offered by B-schools can broadly be categorised into:

  • Long Duration Programmes (LDP), that typically ranges from one to two years
  • Management Development Programs (MDP), that ranges anywhere between two days to few months. Certificates are awarded at the end of MDPs.

The courses are held on certain days every week in a virtual learning centre. In some cases, online lessons are available round the corner for the benefit of the student. They are often accompanied with a small campus tour towards the end.

Almost all the leading B-schools in India including the IIMs offer such satellite-based programmes, costing anywhere between Rs 1 lakh to Rs 10 lakh. Eg: IIM Kozhikode offers various PGDM and certificate management courses for executives (Duration: 1 to 2 years) for Rs 60,000 to Rs 7.50 lakhs. 

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