Top 7 Best Free Online MBA Courses with Certificates In India 2022
Online & Distance MBA

Top 7 Best Free Online MBA Courses with Certificates In India 2022

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MBA is a highly demanded course in India and abroad for careers in business, management, or corporate firms. But pursuing a full-time course in MBA from universities in India can be quite expensive and unaffordable for many students. To overcome this, various universities and business schools now provide online MBA degree courses and distance MBA degree courses. But there are no free MBA degree courses in India. Instead, there are certificate MBA courses in the online mode for free or very nominal rates to students or working professionals. These are short-term courses conducted over 5 to 15 weeks in India or overseas.  

7 Best Free Online MBA Courses with Certificates in India

Full-time MBA courses, whether in offline or online mode, cost no less than INR 1,00,000 to 4,00,000. Spending such an amount in addition to often putting a break in one’s career or professional engagements can make it tough for interested individuals to pursue their higher education. Many students can’t afford such high costs of education due to financial constraints or other concerns. Many students may be genuinely interested in learning about the world of business administration and management but are unable to do so due to high costs.

So, an alternative you can look out for is to pursue short-term courses offered by well-reputed universities over online platforms, in the form of Massive Open Online Courses (MOOCs). These are short-term online courses that can be pursued within a period of a few weeks by students through self-paced learning. 

Currently, in India,  there are top management universities offering online MBA programs offered as Certificate Programs for the short term. One can either pursue these online courses completely free of cost (if you are interested in only gaining the relevant knowledge and skills) or add a nominal fee to the course in order to obtain a verified certificate that can be shared and cited. 

Universities that Offer free MBA Courses

Top management universities such as the Indian Institute of Management (IIM), Indian Institute of Technology (IIT) etc. provide these MBA courses with certificates at platforms such as Coursera, edX etc. 

Platforms for Free MBA Courses

Given below are the details for the top free MBA courses with certificates available in India for students and professionals.

Top free online MBA Certificate Courses in India 2022

Some of the best free certificate courses in MBA and business administration in India available online for students to pursue are listed below:

#1 Marketing Management

This course is offered by the prestigious IIM Bangalore over a period of 9 weeks. The course covers the basics of marketing and principles in the marketing of businesses and corporate organizations. The course is ideal for those seeking to grow their careers in marketing and business development. Some of the details of the course are given below:

Course Marketing Management
Institution Indian Institute of Management Bangalore (IIMB)
Platform edX
Duration Approximately 9 Weeks
Mode  Online 
Cost/ Fee
  • Free (Without Certification)
  • INR 11,834 (With Shareable Certificate) 
Language of Communication  English
Courses/ Syllabus
  • Basic Concepts of Marketing
  • Segmentation, targeting, differentiation and positioning
  • Marketing strategy
  • 4Ps of marketing: product, price, place, and promotion

 #2 Operations Management

This course is also offered by IIM Bangalore over a period of 7 weeks. It is offered on the platform edX and is a suitable course for students and professionals interested in operations and chain management systems.  The details of the course are given below:     

Course Operations Management
Institution Indian Institute of Management Bangalore (IIMB)
Platform edX
Duration Approximately 7 Weeks
Mode  Online 
Cost/ Fee
  • Free (Without Certification)
  • INR 11,834 (With Shareable Certificate) 
Language of Communication  English
Learning Areas
  • Basics of Operations
  • Complexity of Operations System
  • Operations Capacity
  • Operations Cycle Calculation
  • Basics of NVA Analysis

#3 Corporate Finance

Offered by IIM Bangalore, this course is completed over a period of about 5 weeks on the platform edX. It is for professionals and students interested in the domain of financing and accounts in corporate sectors. Some of the details of the course are listed below:

Course Corporate Finance 
Institution Indian Institute of Management Bangalore (IIMB)
Platform edX
Duration Approximately 5 Weeks
Mode Online
Cost/ Fee
  • Free (Without Certification)
  • INR 11,834 (With Shareable Certificate) 
Language of Communication  English
Learning Areas
  • Valuation of basic securities
  • Capital budgeting
  • Cash flows for capital budgeting
  • Capital budgeting

#4 Accounting and Finance

This course has been designed by faculty from IIM Bangalore for students and working professionals interested to gain more insights into the world of financial management and accounts in the corporate and business world. This is a highly relevant field of specialization for a course since no organization or business can sustain itself without financial management. The details of the course are listed below:

Course Accounting and Finance 
Institution Indian Institute of Management Bangalore (IIMB)
Platform edX
Duration Approximately 11 Weeks
Mode Online
Cost/ Fee
  • Free (Without Certification)
  • INR 11,834 (With Shareable Certificate) 
Language of Communication  English
Learning Areas
  • Mechanics of Financial Accounting
  • Reading Financial Statements
  • Financial Statement Analysis
  • Product Costing
  • Cost Analysis for Decision Making
  • Budgeting and variance analysis
  • Financial Markets
  • Capital Budgeting
  • Working Capital Management
  • Course Review

#5 People Management

This is a course offered by IIM Bangalore that taps on the area of management of people in organizations over a period of 6 weeks and is ideal for individuals who are interested in learning about management of people in organizational and group settings. The details of the course are given below:

Course People Management 
Institution Indian Institute of Management Bangalore (IIMB)
Platform edX
Duration Approximately 6 Weeks
Mode Online
Cost/ Fee
  • Free (Without Certification)
  • INR 11,834 (With Shareable Certificate) 
Language of Communication  English
Learning Areas
  • Introduction to People Management
  • Getting Work Done Through Others
  • Assessment and Evaluation
  • Building Peer Networks
  • Essentials of Communication
  • Managing Self

#6 Strategic Management

This is a course offered by IIM Bangalore through edX over a period of 5 weeks. The details are provided below:

Course Strategic  Management 
Institution Indian Institute of Management Bangalore (IIMB)
Platform edX
Duration Approximately 5 Weeks
Mode Online
Cost/ Fee
  • Free (Without Certification)
  • INR 11,834 (With Shareable Certificate) 
Language of Communication  English
Learning Areas
  • Introduction to Strategic Management
  • Analyzing the External Environment
  • Analyzing the Internal Environment
  • Competitive Positioning
  • Managing the Multi-business Firm

#7 Financial Accounting

This is a management course that is offered by IGNOU via the Swayam platform over a period of 16 weeks and covers areas such as accounting, financial statements,  consignments, etc. The course details are provided below:

Course Financial Accounting
Institution Indira Gandhi National Open University (IGNOU) 
Platform Swayam 
Duration Approximately 16 Weeks
Mode Online
Cost/ Fee
  • Free (With Certification)
Language of Communication  English
Learning Areas
  • Theoretical Networking
  • Accounting Process
  • Final Accounts
  • Hire Purchase and Inland Branches
  • Consignment and Joint Ventures
  • Computerized Accounting 

Visit the Swayam portal: https://swayam.gov.in/

Some other useful management and online MBA certification programs also include:

Course  Educational Institution Platform
Marketing Essentials IIMB edX
Customer Relation Management  IIMB edX
Brand Management IIMB edX
Quantitative Marketing Research IIMB edX
Advanced Corporate Strategy IIMB edX
Platform Business Models IIMB edX
Consumer Behaviour IIMB edX
Predictive Analytics IIMB edX
Foundations of Data Science IIMB edX
Advanced Corporate Strategy IIMB Swayam
Principles of Marketing IGNOU Swayam
Blockchain AICTE Swayam
Corporate Finance IIT Kharagpur Swayam

Free Online MBA Course Eligibility Criteria

Since these courses are completed mainly online and are short-term certification courses, there are no stringent eligibility criteria for these courses. Anyone can attend or enroll themselves in these courses. 

However, what is important to keep in mind is that one’s educational level and understanding of the course is at par with the level of teaching in the course. Since most of these courses focus and emphasize on areas related to business management at the postgraduate level (MBA), the ideal criteria one should fulfill to benefit the most from these courses are:

  • One should at least be a graduate in these courses, i.e. have a Bachelor’s degree in any stream 
  • One should have some relevant work experience or professional exposure. This ensures that the students are able to apply the learned principles to their work settings and relate their experiences with the curriculum. 

Are the Free Online MBA Courses Valid?

The MBA courses offered are not full-time degrees that are offered to you. These are short-term certification programmes specific to MBA domains. Since the courses mentioned here are being provided by accredited and recognized bodies such as the UGC, AICTE, NAAC, NIRF etc. the certificates obtained after completion of these courses are completely valid and accepted. 

Also Read | Online Master of Business Administration Guide

What Is the Value of a Free Online MBA course?

The free online MBA courses offered to students are certification programmes that are short-term. These certificates will be identified in professional spheres. They are especially useful for enhancing one’s knowledge and skills and upskill oneself while continuing one’s career. These courses additionally provide you with a certificate after completion of the course which is shareable and citable.

The certification courses however are not the equivalent or replacement for a degree MBA. An online MBA programs is identified as a full-time postgraduate level course in the professional world. It is offered by universities in both online and distance mode and in some cases, a blended mode. It is highly valued by companies and helps to advance one’s career in the business and management spheres. 

Foreign Universities offering Free Online MBA Courses

Foreign Universities offering Free MBA Courses

Some of the well-reputed international universities that also offer free online MBA certificate courses to students worldwide are:

Online Certification Course Best Online MBA University Abroad
Business Analytics Columbia University
Accounting University of Maryland
Business Writing University of California
Economics University of Pennsylvania
Ethics  University of Virginia
Finance Duke University

Full-Time Online/Distance MBA Universities

If what you are looking for is full-time MBA courses offered online or distance mode, then here are some accredited universities that you can consider applying to:

University Accreditation Mode 
NMIMS Online University UGC-DEB, NAAC (A++) Distance
D. Y. Patil University Centre for Online Learning (DPU-COL) UGC-DEB, AIU, NAAC, NIRF, AICTE Online
Symbiosis Centre for Distance Learning UGC, AICTE Distance
Manipal Online University UGC, AICTE, NIRF Online
BITS Pilani WILP UGC Distance Blended

Also Read | 10 Best 2-Year Online MBA Colleges In India

Career Prospects After Doing An Online MBA

Career Prospects after doing free Online MBA

Some of the sectors that one can explore after completion of certification MBA programmes include: 

Job  Average Salary (INR)
Financial Analyst 4,00,000 PA
People Manager 10,50,000 PA
Data Scientist 11,00,000 PA
Business Analyst 8,00,000 PA
Production Analyst 4,80,000 PA
Quality Manager 8,10,000 PA
Distribution Manager 11,00,000 PA

Also Read | What to Do After MBA

Free Online MBA FAQs

⭐Are there any FREE MBA Courses in India?

No, at the moment there are no free full-time degree courses in MBA in India. However, there are a number of MBA online certification courses that are available free of cost to students. 

⭐Is a free online MBA Valid?

If you complete a free online MBA programme, it won’t be treated as a degree. However, the certificates are still valid and can be cited and shared as valid courses. 

⭐Where can I pursue free MBA online certification courses?

The free MBA online certification programmes are usually offered virtually. So, one can pursue these courses on virtual learning and MOOC platforms such as edX, Coursera, Swayam etc.

⭐What is the eligibility for the free online MBA certificate Courses?

There are no mandatory eligibility rules that interested candidates need to present but a basic assumption is that students who are attending these courses have at least a Bachelor’s degree and some relevant professional experience. 

⭐Can I complete an online MBA for free?

Some international business schools and Indian institutions provide short-term MBA online certification courses for free. 

⭐Can I do MBA free in India?  

 No, you cannot pursue an MBA free degree course in India at the moment, but there are a number of free Certificate Programmes for online MBA courses offered on Coursera, edX, Swayam etc. 

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