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Best Online MBA Programs Under ₹1.5 Lakhs in India (2025 Guide)

The demand for online MBA programs in India is growing rapidly, especially among working professionals and students seeking career advancement without incurring a hefty financial burden.

One of the top considerations for many aspirants is affordability. In this blog, we’ve curated a list of top UGC-approved online MBA programs available under ₹1.5 lakhs, helping you find the right balance between cost and quality.

Why Choose an Online MBA Under ₹1.5 Lakhs?

Cost vs. Value: Affordable programs can offer strong returns on investment if they are recognized and provide quality education.

Flexibility for Working Professionals: Most online MBA programs offer flexible schedules, making them ideal for those who want to study while working.

Improved ROI: Lower tuition fees mean faster payback and increased value from promotions or new job opportunities.

Key Factors to Consider Before Choosing

  • UGC/AICTE Approval: Ensure the program is officially recognized.
  • Accreditation: Look for NAAC grading to assess quality.
  • Specializations: Choose a program that aligns with your career goals.
  • Learning Format: Evaluate if they offer recorded or live sessions.
  • Career Support: Look for programs with strong alumni and placement support.

Top 15 Affordable Online MBA Programs in India (Under ₹1.5 Lakhs)

University Name Total Fee (₹) Highlights
IGNOU ₹64,000 AICTE-approved, multiple specializations
DU SOL ₹52,570 UGC recognized, NAAC A+, self-paced
Jamia Millia Islamia ₹50,000 Reputed public university
Andhra University ₹62,200 Live classes, UGC-approved
Kurukshetra University ₹98,545 AICTE + NAAC A++
Bharathidasan University ₹91,000 Diverse electives
Uttaranchal University ₹94,000 Good student support
Sharda University ₹1,00,000 NAAC A+, HR/Marketing/Finance
Shoolini University ₹1,10,000 – ₹1,40,000 Strong industry integration
Parul University ₹1,20,000 NAAC A++, interactive classes
Sikkim Manipal University ₹1,10,000 Career mentorship included
Mizoram University ₹70,000 Central govt. university
Alagappa University ₹80,000 UGC-DEB approved
Annamalai University ₹90,000 Strong alumni base
Madurai Kamaraj University ₹95,000 Offers blended delivery

Who Should Consider These Programs?

  • Fresh Graduates looking for a recognized MBA without financial strain.
  • Working Professionals aiming to upskill without quitting their job.
  • Career Switchers who want to gain credibility and business acumen.

Tips to Maximize Value from a Budget MBA

  • Choose the Right Specialization: Match the course with your career goals.
  • Engage with Peers and Mentors: Network actively through forums and group assignments.
  • Leverage Projects and Internships: Showcase capstone projects on your resume.
  • Focus on ROI: Apply your learning immediately in your current job or interviews.

RiseUpp Recommendation

RiseUpp helps students and professionals filter, compare, and apply to UGC-approved MBA programs under ₹1.5 lakhs.

With features like AI-powered counseling, EMI planning, and post-enrollment support, RiseUpp ensures every aspirant makes an informed decision.

Explore more at: www.riseupp.com

Contact Us: +91 63630 79209

FAQs

Q1: Is an online MBA under ₹1.5 lakhs worth it?

Yes, many government-recognized universities offer high-quality MBA programs under ₹1.5 lakhs with strong credentials and flexibility.

Q2: Are these affordable MBA programs approved by UGC or AICTE?

All listed programs are UGC-DEB and/or AICTE approved, making them valid for jobs and higher education.

Q3: Which is the cheapest online MBA in India?

Programs from IGNOU and DU SOL start as low as ₹50,000–₹65,000.

Q4: Do these low-cost online MBAs offer specializations?

Yes. Most offer key specializations in Marketing, HR, Finance, and more.

Q5: Will I get placement support from these universities?

Some platforms like Sharda, Parul, and LPU Online offer placement assistance.

Q6: Can I pay the fees in EMI for these MBA programs?

Yes, RiseUpp helps you access EMI and 0% interest options.

Q7: Are online MBAs valid for government jobs?

Yes, as long as the university is UGC-approved, the degree is valid for public sector jobs.

Q8: How do I apply to these affordable MBA programs?

Use RiseUpp.com to explore, compare, and apply—all with free expert support.

Conclusion

Choosing an MBA program doesn’t have to break the bank. With over 15 government-approved programs available under ₹1.5 lakhs, you can achieve career growth while staying budget-conscious.

Make an informed decision, invest smartly, and take your career to the next level—affordably.

Call/WhatsApp: +91 63630 79209

Visit: www.riseupp.com

Book your free counseling session today!

Meet the Author

Hari Rastogi


I hope you found this blog insightful! I’m Hari Rastogi, an IIM Trichy alumnus and the Co-founder & CEO of RiseUpp—a platform dedicated to helping students and professionals find the best online courses to achieve their career goals. Sharing knowledge and empowering others is my passion.

Connect with me on LinkedIn or follow the RiseUpp blog page  for more blogs like this one. Let’s RiseUpp together!

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