IIMs Online MBA: A Strategic Investment or a Pricey Illusion
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IIMs Online MBA: A Strategic Investment or a Pricey Illusion

#MBA
Arushi PanditaUpdated on 26 Sep 2025, 09:53 AM IST

According to the Graduate Management Admission Council (GMAC) 2024, online MBA have seen a 61% application growth. While online education is on the rise, IIMs have ventured into online MBA degree, providing strategic access to quality management education for students. While this approach blends academic vision with prestige and high ROI, it leaves a financial gap for students.

IIMs Online MBA: A Strategic Investment or a Pricey Illusion
IIMs Online MBA: A Strategic Investment or A Pricey Illusion

The Indian Institutes of Management (IIMs) are premier business schools producing leaders who have shaped business and policies worldwide. With several online MBA and executive programmes, students from various backgrounds are provided access to quality business education. However, it does come with a hefty price that complicates the case of accessibility for those with lesser economic privilege.

While the IIMs promise strategic returns in terms of career progression, they simultaneously impose a financial weight that not all aspirants are ready to face, leaving a duality in these programmes, one of a quality academic vision and the other of financial strain.

Is IIM Online MBA Changing Online Education Landscape?

More than 2 lakh students aim for selection into IIMs, but approximately 5,500 secure the chance for that IIM dream. While full-time MBA programmes demand both relocation and other costs, online MBA programmes eliminate the need to move or relocate, thus saving additional charges for students. Due to this, IIMs online MBA programmes are adapting to these digital ecosystems without compromising on academic credibility.

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IIM online MBA, offered through executive and postgraduate management programmes, is designed for working professionals and executives. They allow students to advance their education without stopping their careers. The curriculum of these online management degrees combines business education with real-world applications, helping executives and professionals upskill seamlessly alongside their work commitments.

While the enrolment ratios within these programmes are positive, data from IIM Ahmedabad’s 2024-26 Blended Post Graduate Programme in Management highlights 138 students, with an average work experience of 8-9 years, including 25% women. This reflects increasing diversity and professional representation in online management education. Moreover, what makes this online MBA degree more appealing to students from diverse backgrounds is listed below:

IIMs Online MBA: A Strategic Investment or A Pricey Illusion

Also Read: IIM Fees 2025: Top IIMs Fee Structure for Online MBA in India

The Cost and ROI Factor: Does the Return Match the Price?

Investing in an Online MBA is an important decision for management aspirants, however, evaluating programme cost becomes a crucial factor in understanding whether the programme is worth pursuing. An online MBA from IIMs costs between Rs 8 lakhs to Rs 20 lakhs, placing it at the higher end of the market. Such a cost is considerably higher than what other universities charge for a similar online MBA degree, immediately raising the question: Does the return justify the price?

From a financial standpoint, IIM online MBA programmes set a higher bar for return on investment. While ROI should not only be measured in financial gains, but also in the form of accelerated career growth and skill enhancement, many professionals entering these programmes are already in their mid-careers and seek exponential pay jumps in their professional journey, making it essential to evaluate ROI through a broader lens.

Since the IIM advantage lies not only in potential salary growth but also in the qualitative returns, it provides a valuable asset for recruiters, serving as a signal of credibility and competence to secure leadership and managerial positions among national and international firms. Even if the immediate post-degree salary increment does not fully balance the programme cost, the degree’s value compounds in the long run.

At the same time, the high cost of an IIM online MBA requires a deeper look at the ROI. It is not just a simple transaction where one pays Rs 8 to Rs 20 lakhs in exchange for an immediate salary hike. Instead, it is a strategic investment for your career longevity and access to a powerful business school network that provides returns beyond the duration of the programme. Therefore, the real worth lies not in short-term gains but in the lasting advantages and credibility that come with an IIM education.

IIMs have shaped management education through online and hybrid learning, combining flexibility with strong academics and global recognition. These programmes lead to lifelong professional development and vast job opportunities. However, with costs ranging between Rs 8 to Rs 20 lakhs, an online MBA from IIMs is both a strategic investment and a financial strain for students with limited resources. The real value lies in carefully evaluating the costs against the IIM brand.

Frequently Asked Questions (FAQs)

Q: Is the ROI of an IIM Online MBA worth the fee?
A:

ROI extends beyond salary hikes, offering long-term professional growth, strategic career positioning, and skill enhancement, making the IIM Online MBA degree valuable for many aspirants.

Q: Does the IIM Online MBA offer placement support?
A:

An Online MBA from IIMs provides strong placement support and networking opportunities. However, this opportunity varies by programme, work experience, and industry demand for each participant.

Q: Who should pursue an IIM Online MBA?
A:

Executives, mid-career professionals, and working aspirants seeking career progression and skill development without pausing their professional commitments can pursue the IIM online MBA course.

Q: What is the fee for IIM Online MBA programmes?
A:

Online MBA fees at IIMs vary from one institution to another. IIM Sirmaur offers an executive MBA for Rs 8 Lakhs, while IIM Ahmedabad offers BPGP programme for Rs 20 Lakhs.

Q: Is an IIM Online MBA degree recognised and accredited?
A:

Since IIMs are government-established business schools and the most prestigious management institutes in the country, their online MBA programmes are recognised and hold immense value in the job market.

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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

Hello aspirant,

Here below I am providing you with the name of some of the best MBA colleges in Hyderabad:

  • Institute of Management Technology, Hyderabad
  • The Indian School of Business
  • The ICFAI Business School Hyderabad
  • Woxsen University
  • The Institute of Public Enterprise
  • GITAM Hyderabad Business School

To know about more colleges, you can visit our site through following link:

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-hyderabad

Thank you

Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.

For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.

If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:

1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.

2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.

3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.

4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.

5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.

6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.

Hello,

If you have made a mistake while entering your education details in KEA PGCET MBA option entry, you cannot edit it directly once it is submitted. You need to contact KEA immediately.

You can:

  • Call the KEA helpline numbers.

  • Or visit the KEA office with your documents.

They will guide you on how to correct the mistake. Do it quickly, as corrections are allowed only within the given time.

Hope it helps !