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NMIMS Online MBA vs IICT Corporate MBA: which one fits you?
NMIMS’s online MBA is a degree from a NAAC A++ deemed university, at ₹1,96,000 paid upfront plus ₹800 for every subject exam attempt, over two years. IICT’s Corporate MBA is an MBA Diploma awarded by the institute for ₹32,150, with a Fast-track 1 year option, admission in any month and 28 specialisations against NMIMS’s seven. If you need a university degree with the NMIMS name, budget for it. If you want the management qualification quickly and at a sixth of the cost, IICT is the stronger fit.
- ₹1,63,850 less — than NMIMS’s one-time fee — before NMIMS’s ₹800-per-subject exam fees
- 1 year — on IICT’s fast track, against NMIMS’s 2 years
- 28 vs 7 — specialisations at IICT and NMIMS
Side by side
| NMIMS Online MBA | IICT Corporate MBA | |
|---|---|---|
| What you receive | MBA (Online) degree from SVKM’s NMIMS (Deemed-to-be University), through NMIMS CDOE | Corporate MBA — MBA Diploma (Master’s Diploma in Business Administration), awarded by IICT |
| Total fee | ₹1,96,000 one-time (₹1,05,000 a year or ₹55,000 a semester), plus ₹1,200 processing and ₹800 per subject per exam attempt | ₹32,150 for the Corporate MBA · ₹22,555 for the 1-year Executive MBA (graduates with 3+ years’ work experience) |
| Duration | 2 years (registration valid for 4) | 2 years, or Fast-track 1 year with the full syllabus on a compressed exam schedule |
| When you can start | January and July windows | Open all year — start in any month |
| Entrance test | None — document check and video verification | None — direct admission |
| Eligibility | Graduation with at least 50% (45% SC/ST/OBC/PwD) | Any graduate, with no minimum percentage; final-year students can apply |
| Specialisations | 7 — Marketing, Finance, HR, Operations & Data Sciences, IT Management, Business Analytics, Business Management | 28 — including Finance, Marketing, HR, Foreign Trade, Banking, Hospital Management and Logistics |
| How you study | Fully online | Self-paced, with no classes to attend: printed study kits, an online student portal and online expert sessions |
| Exams and evaluation | Proctored computer-based term-end exams; 30% internal, 70% exam | Semester exams you can take at a centre, online or by post |
| Paying the fee | One-time, yearly or semester plans | Flexi EMI; concessions for defence personnel, single girl child and SC/ST candidates |
| Status | UGC-entitled online degree; NAAC A++ | Autonomous, non-UGC institution operating legally since 1997; registered under the Societies Registration Act 1860 |
| University degree option | Yes — the MBA itself is a university degree | Yes — IICT also guides MBA degree admission with Subharti University and Amity University; the university awards the degree |
Which one fits you
NMIMS is the better fit if…
- you want the NMIMS name on a university MBA degree
- you want data-oriented tracks such as Operations & Data Sciences or Business Analytics
- you have the budget for about ₹2 lakh plus exam fees over two years
IICT is the better fit if…
- you want an MBA at about a sixth of the cost, with no per-subject exam fees
- you want to finish in 1 year on the fast track
- you want a specialisation NMIMS does not offer — Foreign Trade, Banking, Insurance, Hospital Management, Logistics
- your graduation score is under 50% — any graduate can apply
- you would rather start now than wait for the next window
Not a ceiling: PNB Housing Finance’s annual reports record its former MD & CEO, Girish Kousgi — now MD & CEO of IIFL Home Finance — as holding an executive master’s diploma in Business Administration from IICT.
The bottom line
NMIMS is a strong name in Indian management education, and its online MBA is a UGC-entitled degree from a NAAC A++ university. For roles where that brand opens doors, the fee can be justified.
For most working professionals, IICT’s Corporate MBA delivers the practical value — a structured management qualification, a specialisation that matches your industry, and a finish in as little as a year — for ₹1.6 lakh less. And if you need a university degree, IICT’s advisors guide that route as well.
Need a university degree instead?
IICT offers two routes. Its own Corporate MBA is an MBA Diploma awarded by the institute — the practical, lower-cost choice for most working professionals. If the role you are aiming for asks for a university degree, IICT also guides MBA degree admission with Subharti University (₹65,000, or ₹67,000 in instalments) and Amity University, and the university awards the degree. Either way, one advisor helps you pick the route that fits what you need the MBA for.
Subharti MBA — ₹65,000 · About IICT · MBA degree vs MBA diploma
Questions students ask
What is the NMIMS online MBA fee?
NMIMS CDOE lists ₹1,96,000 for the full programme paid upfront, or ₹1,05,000 a year or ₹55,000 a semester. There is also a ₹1,200 processing fee and an exam fee of ₹800 per subject per attempt.
How much cheaper is IICT than NMIMS?
IICT’s Corporate MBA costs ₹32,150 in total — ₹1,63,850 less than NMIMS’s one-time fee, before NMIMS’s exam fees. IICT’s 1-year Executive MBA is ₹22,555.
Which has more specialisations?
IICT, with 28. NMIMS’s online MBA offers 7: Marketing, Finance, HR, Operations & Data Sciences, IT Management, Business Analytics and Business Management.
Is IICT’s MBA a degree?
IICT’s Corporate MBA is an MBA Diploma (Master’s Diploma in Business Administration) awarded by the institute. For a university MBA degree, IICT guides admission with Subharti University and Amity University, and the university awards the degree.
Sources
Fees, durations and admission rules as published by each institution, checked November 2026. Confirm the current figure before you pay.