The real cost of an online MBA is not the fee
Two years of evenings is the same for everyone, whatever they paid. That is what makes the cheap programme such good value and the abandoned one so expensive.
Two years of evenings is the same for everyone, whatever they paid. That is what makes the cheap programme such good value and the abandoned one so expensive.
Six to ten hours a week for two years is roughly seven hundred hours. That cost is identical whether you paid ₹38,000 or ₹2,00,000, and it is far larger than the fee for most people.
It is also the cost nobody budgets for, which is why completion rates in distance education are what they are.
The most expensive online MBA is the one you do not finish.
If the time cost is fixed and the recognition is identical, the fee is buying teaching and cohort. Those are worth money only if you will consume them. Most people paying a premium for live sessions do not attend the live sessions.
Below a certain price the differences are real. Above it, you are buying teaching and a cohort — not recognition. Almost nobody says which one they are selling you.
MoneyThe number in the brochure is the highest package, from an unstated cohort, over an unstated period. Ask for the median and watch what happens.
MoneyUnder ₹1 lakh, ₹1–2 lakh, above ₹2 lakh. The differences within a band are far smaller than the marketing suggests.