NMIMS MBA (Online and Distance, Fees, Alternative 2024)

NMIMS MBA (Online and Distance, Fees, Alternative 2024)


Becoming a good manager after completing MBA is the dream of many. Some students choose regular courses, some choose distance mode and some choose an online MBA. Narsee Monjee Institute of Management Studies provides top-class MBA degrees to various students in online and distance modes. Online MBA is amongst the preferred and most desirable modes of MBA education as it provides flexibility in various forms. The degree value is completely approved by the University Grants Commission and Distance Education Bureau

Online and distance MBA is made for working professionals and new graduates who want to excel in their skills in the management segment. The course curriculum of an online MBA is something similar just like the distance MBA degree. Just like a regular mode of management degree, one can easily choose the desired specialization like Accounting Management, IT Management, Operations Management, Marketing Management and so on.

Types of MBA Provided by NMIMS for Working Professionals

There are two types of MBA provided by NMIMS: Online/distance mode and Execute MBA. Distance and online MBAs are made for working professionals and new graduates to prepare them for various business corporations. On the other hand, EMBA or Executive MBA is designed for those students who desire to continue working full time along with schooling. The classes of EMBA are scheduled mostly on weekends, and distance MBA is also provided on weekends.

How NMIMS Distance Education Is A Better Choice On IGNOU?

Why MBA from NMIMS?


The MBA offered by NMIMS is for working professionals. Candidates who are working somewhere and want to enhance their skills in professionals and business domains can easily register for NMIMS online/distance or executive MBA.

Programs are offered by National Global Access School for Continuing Education.

NMIMS is one of the best institutions for higher education for many programs and courses. The institution is completely approved by the UGC-DEB and NIRF.

There are many benefits of learning an MBA from NMIMS:

  • Top-class course curriculum.
  • Dedicated and hardworking professionals.
  • Good networking opportunities.
  • Good accredited degree value.

NMIMS University MBA

#1 University

As mentioned above, NMIMS MBA is offered in both distance and online mode. So, NMIMS MBA is also a great IGNOU MBA alternative, as it is also offered in the distance mode and also due to the exciting features that NMIMS MBA provides to the student. So let’s check out how NMIMS MBA is a great alternative to IGNOU MBA.

Duration of NMIMS Online/Distance MBA


The complete duration of the MBA degree course is two years. Students are required to visit the official website of NMIMS using their respective web links for more details. The new batch for online and distance MBA is about to start in January 2024. The finance for the fee is available at the university.

Specializations of NMIMS Online/Distance MBA


There are a total of 10 specializations provided by NMIMS in online/distance MBA degrees. Every specialization provides a specific set of information, knowledge and understanding related to particular professional skills and training. The specializations of online/distance MBA are provided below:

  • MBA (Information Technology and Systems Management)
  • MBA Retail Management
  • MBA Marketing Management
  • MBA Banking and Finance Management
  • MBA Human Resource Management
  • MBA Supply Chain Management
  • MBA Retail Managemen
  • MBA International Trade Management
  • MBA Operations Management
  • MBA Business Management
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Number of Semesters


The course of online/distance MBA is divided into four semesters that can be completed in two years. There are many specializations provided in NMIMS for online and distance learning and each one holds two years of minimum course duration with 4 semesters.

NMIMS MBA (Online and Distance) Course Details


Every student should read the complete prospectus of online/distance or Executive MBA according to the specialization in which he/she wants to take admission. They must know these highlights to take admission to the course.

The highlights for the program are provided below:

  • Online/Distance and Executive MBAs are made for working professionals and students who want to excel in their professional skills for dynamic career growth.
  • The programs are made by a team of scholars, IIM experts and good academicians from various institutions.
  • The course is approved by UGC-DEB.
  • NMIMS is rated as amongst the top 100 best institutions by NIRF.
  • The complete course structure is updated according to the latest syllabus.
  • Every specialization provides a relevant set of skills and knowledge for good professional growth.
  • Upon successful completion of the course, you will be entitled to a valid and UGC-accredited MBA degree based on your selected specializations.

Why Choose Online/Distance MBA?


The course curriculum is very reasonable for working people and new graduates as it helps students to make a work-life balance with their desired specialization.

Students and working professionals choose Online/Distance MBA for various reasons: The course helps students to evaluate multiple business strategies, theories, and practices for many business decisions.

  • The course helps students to pursue any other course or business as it provides many flexibilities in learning MBA.
  • Good professional growth
  • Students get best in class networking opportunities

NMIMS MBA (Online and Distance) Syllabus 2024


Students of online and distance MBAs get good quality education in the desired specialization they have chosen. In the first year of their course, they learn the general or basic principles of management related to their specialization. In the second year, students need to learn the core aspects of their program with the necessary skills and training. In the same year, they need to undergo projects and assignment works for a better future as these skills and training are required.

MBA Syllabus of IGNOU

For example, we have provided a program structure for an Online/Distance MBA in Supply Chain Management. The number of topics and projects is the same in most of the specializations. For more information related to the course, please, visit the website of NMIMS.

Semester 1
  • Management Theory and Practice
  • Marketing Management
  • Business Economics
  • Information Systems for Managers
  • Organizational Behavior
  • Financial Accounting and Analysis
Semester 2
  • Business Law
  • Decision Science
  • Operations Management
  • Business Communication
  • Strategic Management
  • Essentials of HRM
Semester 3
  • Total Quality Management
  • Warehouse Management
  • Supply Chain and Operations Strategies
  • Supply Chain Management
  • ERP or Enterprise Resource Planning
  • Procurement Management
Semester 4
  • World Class Operations
  • Research Methodology
  • Advanced Supply Chain Management
  • Business: Governance, risk and corporate ethics
  • International Logistics and Supply Chain Management Project
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Eligibility for Online/Distance MBA


The basic eligibility for getting registered for an MBA degree course at NMIMS is provided in the prospectus. One can easily browse the details from the prospectus for admission purposes. For your convenience, we have provided some necessary eligibility guidelines for the admission procedure:

  • Bachelor's degree with 10+2+3 mode of schooling with at least 50% marks in aggregate in any discipline.
  • The institution you have attended for the last qualifying degree must be UGC approved and recognized by the Association of Indian Universities (AIU).
IGNOU MBA Eligibility criteria

Fee for the NMIMS Online/Distance MBA


Admission, registration and course fee is very necessary for any program. The complete fee structure for every course specialization are provided below:

Candidates are required to pay a total of 1,68000 INR for every specialization of MBA. The per year course fee is about 91000 INR and students who want to pay per semester wise can pay 48000 INR. The complete course fee along with necessary guidelines are provided in the prospectus of the Online/distance MBA course fee.

IGNOU MBA Admission Procedure 2024

More details regarding various fees and charges during admission are provided below. Check them all in detail:

  • Registration charges per course are 1200 INR and are applicable for all specializations.
  • Candidates are required to pay an amount of rupees 5000 INR at the time of registration or admission.
  • Students who want to pay the fee via demand draft can easily pay the same in favor of “SVKM’s NMIMS” which must be payable in Mumbai.
  • Apart from the registration and admission charges, candidates need to pay an additional fee of rupees 600 per course.
  • Candidates or working professionals can easily get the loan facility without having a credit card.
IGNOU MBA Fees Structure

Executive MBA


This MBA degree is also provided to students who want to work while studying their respective courses or specialization. The duration of this MBA is also two years (24 months). This course is also approved by UGC and AICTE.

The course of MBA helps the candidates to learn the principles of management and corporate strategies to handle tasks better.

Highlights of EMBA


The course helps the candidates to develop cross-functional, and enterprise skills to handle tasks better. The course helps the candidates to think, design and incorporate various types of strategies for a good corporate management.

The course also contains the Capstone Business Simulation Project for good management skills.

Outcomes of Executive MBA


Students get many benefits from an Executive MBA. Some of them are provided below:

  • Effectively understands the core concepts of business domains like finance, accounting, economics, information systems, strategic marketing and management
  • Learners get the power to integrate various types of business concepts and corporate skills for good cross functional corporate business knowledge to detect and solve multiple issues
  • Construct and solve multiple challenges in operating a business environment It Helps boosts a career for an informed decision
  • The course provides a good quality highly accredited degree with the latest technologies in the management segment.

Specializations in Executive MBA


Narsee Monjee Institute of Management Studies also provides MBA in the executive. There are two Executive MBA is provided by NMIMS:

  • Marketing Management
  • Supply Chain and Operations Management
  • Strategy and Leadership Management
  • Digital Marketing
  • Applied Finance

Note: These specializations of EMBA have two specialization options.

NMIMS EMBA Course Curriculum


The course Executive MBA from NMIMS consists of 8 different terms.

1 and 2nd Term: you need to read core papers of Business Management having 4 courses in each term.

3rd term: Core papers of business management and electives (4 courses: 2 core and 2 electives)

4 and 5 Term: Electives

7 and 8 terms: Industry Experience and projects

Here, you will know the program structure of EMBA from NMIMS:

Term 1, 2 and 3: Core Courses
  • Financial Accounting: Information for Decisions
  • Information Systems for Managers
  • Organizational Behavior
  • Managerial Economics
  • Marketing Management
  • Corporate Finance
  • Business Statistics for Decision Makers
  • Strategic Management
  • Business Communication
  • Operations Management
Term 3, 4 and 5: Marketing
  • Consumer Behaviour
  • Strategic Brand Management
  • Marketing and Web Social Media Analytics
  • Customer Relationship Management
  • Integrated Marketing Communication
  • Marketing in a Digital World
  • Sales Management
  • Crafting and Marketing Services
  • Marketing Research
Term 3,4, and 5: Strategy and Leadership
  • Art of Leadership
  • Warehouse Management
  • HR Analytics
  • Managing Organizational Change
  • Performance Management Strategy
  • Strategic HRM
  • International Management: Culture
  • Managing Organizational Change
  • Development and Learning
  • Organizational Theory, Structure and Design
Term 6: Capstone Project
  • This project holds a special place in the heart of MBA WX of term 6. This Capstone project provides students with a perfect platform to learn a simulated business environment.

Eligibility for NMIMS EMBA

The eligibility criteria for an Executive MBA in NMIMS are written below. Read all the points carefully: Minimum of 55% marks in bachelor's degree in any of the disciplines. The last qualifying examination passed must be from a valid and UGC-approved university with a 10+2+3 mode of schooling.

Fee for the NMIMS EMBA Course

The complete fee for the Executive MBA at Narsee Monjee Institute of Management Studies is about 4,75,000 INR. The registration fee is about 1000 which is required to pay at the time of registration. Students can also pay the fee through demand draft payable in favor of “SVKM’s NMIMS” payable at Mumbai.

Global MBA Online

The complete fee guidelines are provided in the prospectus of the Executive MBA of the NMIMS. One can easily check the same using the official website of NMIMS which is online.nmims.edu.

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NMIMS MBA Career Opportunities

After completing the course MBA either in distance/online mode or EMBA, you can easily grab top-level jobs in corporate houses. Your career opportunities will be based on the skills and education you have got during your MBA degree program.

For instance: A student having an MBA degree in Supply Chain Management is entitled to get many jobs like Supply Chain Analyst, Supply Chain Manager, Production planning manager etc. If you have completed your distance and online MBA in Information Technology and Systems Management, then he/she is entitled to get many job opportunities like IT project manager, IT Business Development Manager, Product Manager etc.

NMIMS Vs IGNOU

    NMIMS:

  • Narsee Monjee Institute of Management Studies provides ten specializations in all.
  • NMIMS provides Online and Distance Education with the association of Coursera.
  • The university provides online and distance MBA courses for making students good professionals.
  • The university also provides an Executive MBA.
  • IGNOU :

  • IGNOU also provides many specializations just like other universities. The course curriculum is industry ready.
  • The university provides online and Distance MBAs separately through its distance and online web portals.
  • IGNOU doesn’t offer executive MBAs to students. It only provides Distance and online MBA.

Frequently Asked Question for NMIMS MBA (Online and Distance)


⭐ In how many specializations does NMIMS provide an online MBA?

There are a total of ten specializations of online MBA in NMIMS. You can easily check them all using the official website of the varsity.

⭐What is the total fee for an online MBA specialization in NMIMS?

The total course fee is 1,68,000 INR that can be easily paid either semester or annually. Check the guidelines of fee submission using the official website of NMIMS.

⭐How many semesters are there in two years of Online MBA degree?

Yes, Upgrad is valid and is recognized by National Skill Development Corporation and the affiliated universities are UGC recognized.

⭐ Is Upgrad MBA Costly?

4 semesters

⭐ What is the eligibility criteria for taking admission to the course of online MBA?

The minimum eligibility criteria is bachelor degree with 50% marks in any discipline.

⭐ Is registration necessary for the admission procedure?

Yes, the registration is the first step in getting admission to an online MBA.

⭐ Is NMIMS a UGC approved university?

Yes, NMIMS is completely approved by the University Grants Commission.


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