Can I Withdraw From Online MBA After Enrolment? Refund Policy Explained

Edited By Arushi Pandita | Updated on May 15, 2025 10:42 AM IST | #MBA

Online MBA programmes allow students to withdraw after enrolment, however, the refund policies differ across institutions. Several UGC-approved online MBA universities in India adhere to specific guidelines when processing refunds for cancelled admissions. Candidates looking to withdraw from an online MBA degree should carefully review the institution’s cancellation policy to ensure a complete withdrawal from the programme.

This Story also Contains

Online MBA Refund Policy
Online MBA Refund Policy at Top UGC-Approved Universities in India
Can You Exit An Online MBA Programme Mid-Semester?

Can I Withdraw From Online MBA After Enrolment? Refund Policy Explained

An online MBA is a postgraduate management programme. Students with the two-year programme are provided with management and business principles knowledge. Popular career options after online MBA include marketing manager, management consultant, operations manager, and supply chain manager.

To withdraw from an online MBA, students should carefully assess their academic goals, financial stance, and long-term plans before deciding. If uncertain, they should consult programme coordinators or academic advisors, who can suggest alternatives that may be more beneficial than opting for a complete withdrawal from the course.

Online MBA Refund Policy

Indian universities offering online MBA programmes maintain specific refund policies that vary in their approach. Understanding these policies is crucial for students, as canceling their online MBA admissions can have a greater impact on their personal finances if withdrawal becomes necessary.

The refund schedules are released separately by online MBA colleges in India, with refund percentages decreasing as more time passes from the date of admission or programme commencement. Most institutions retain certain non-refundable fees, such as registration, application, or administration charges.

Students considering online MBA programmes should carefully evaluate these refund policies, which should be a part of their decision-making process, as they also reflect institutional and admission flexibility. Understanding the terms and conditions of refunds can help students make informed choices about their professional and academic careers.

Online MBA Refund Policy at Top UGC-Approved Universities in India

The table below highlights the online MBA refund policies at top UGC-approved Indian institutes:

DY Patil University Online

Period	Refund Percentage	Non-Refundable
Before commencement of academic session (within first 10 days of enrolment & 11th day to start of session date)	100% of tuition fees	Registration of Rs 1,500 for master's programmes (MBA) is non-refundable.
After commencement of academic session (Jan and July)	No refund	Entire fee is forfeited

Note: The DY Patil University Online MBA fee is refunded to eligible students within 30 days from the date of receiving a written application, and the refund is processed through electronic fund transfer.

MAHE Online (Manipal Academy of Higher Education)

Period	Refund Percentage	Non-Refundable
15 days or more, before the last date of admission	100% of tuition fees	Deduction of 5% of the course fee or Rs 5,000 (whichever is lower) Application fee is non-refundable
Less than 15 days before the last date of admission	90% of tuition fees	Application fee is non-refundable
15 days or less, after the last date of admission	80% of tuition fees
30 days or less, but more than 15 days after the last date of admission	50% of tuition fees
More than 30 days after the last date of admission	No refund

Note: The Manipal Online MBA fee will be refunded to eligible students by the MAHE Student Finance Office based on the recommendation of the Director-Directorate of Online.

Also Read: Is This the Future of Education? The Explosive Growth of Online MBA

Jain University Online

Period	Refund Percentage	Particulars
15 days or more, before the last date of admission	100% of tuition fees	Full refund of All fees with a deduction of Rs 1,000 as processing fee
Less than 15 days before the last date of admission	90% of tuition fees	Application fee is non-refundable
15 days or less, after the last date of admission	80% of tuition fees
30 days or less, but more than 15 days after the last date of admission	50% of tuition fees

Note: If a student fails to pay the semester fee, is detained due to backlogs, or has paid the full annual/programme fee in advance, no refund will be applicable in any of these cases.

Symbiosis School for Online and Digital Learning

Period	Refund Percentage	Particulars
15 days or more, before the last date of admission	100% of tuition fees	Deduction of an amount not more than 5% of the fees paid by the student, subject to a maximum of Rs 5,000/- as processing charge from the refundable amount. Registration/Administrative fee is non-refundable.
Less than 15 days before the last date of admission	90% of tuition fees	Registration/Administrative fee is non-refundable.
15 days or less, after the last date of admission	80% of tuition fees
30 days or less, but more than 15 days after the last date of admission	50% of tuition fees
More than 30 days after the last date of admission	No refund

Note: The university will transfer the refund to the same bank account that was provided during the online application for admission cancellation.

Also Read: Online MBA Enrolment vs. Passing Percentage vs. Placements: Trends Revealed

Can You Exit An Online MBA Programme Mid-Semester?

Exit from an online MBA programme is allowed only before the session begins or after its commencement, not during the mid-semester. A full refund is granted if cancellation occurs at least 15 days before the session starts. Cancellations after session announcements may lead to a deduction in tuition fees as per the institute’s refund policy.

Withdrawing from an online MBA programme midway brings academic and financial consequences. Students receive no credits and completion degrees while receiving minimal tuition fees, thereby increasing their financial burdens. Additionally, those receiving financial aid may have to repay a portion of the funds disbursed, further deepening costs.

Abruptly leaving an online MBA programme can deprive students of essential management knowledge, advance career opportunities, and result in the loss of academic credentials. Students must make sure to carefully evaluate their decision and review the refund policies of the institute before opting to exit from the programme.

While online MBA programmes offer greater flexibility, exit after enrolment involves several academic setbacks and implications. Students should thoroughly analyse the institutional refund policies and their academic and financial goals before making any decision.

Frequently Asked Questions (FAQs)

1. Can I cancel online MBA admission after enrolling?

Yes, students can cancel online MBA admission after enrolment, but refund policies vary across universities. Students must check deadlines and non-refundable charges before initiating cancellation.

2. Is online MBA considered equal to regular MBA?

Yes, online MBA programmes, if offered by UGC-approved universities, are considered equivalent to regular MBA courses for jobs and higher education in India.

3. Does online MBA hold any value today?

Yes, online MBA from accredited universities are valuable and recognised by employers, especially when combined with relevant experience and practical skills.

4. Can I get a job after pursuing an online MBA?

Yes, many online MBA graduates secure jobs in marketing, HR, finance, and analytics, especially when they possess work experience or industry-relevant skills.

5. Which online MBA specialisation is best to pursue in 2025?

Top online MBA specialisations in 2025 are business analytics, digital marketing, finance, HR, and healthcare management, depending on your career interests and goals.

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Have a question related to MBA ?

I have scored 91.16 percentile in mah mba cet 2025 ....will I get admission this year? Please give clarity on placement and package I have to take loan for mba , so I want placement any how .....pls reply

With a 91.16 percentile in MAH MBA CET 2025, you have a good chance of securing admission in decent MBA colleges in Maharashtra. While top institutes like JBIMS or Sydenham may be out of reach, colleges such as PUMBA, SIES, Chetana’s, MET, and DY Patil are realistic options. Among these, PUMBA offers the best return on investment with a low fee structure and an average package of around 6–6.5 LPA. Other colleges typically offer packages in the 3.5–5.5 LPA range. Since you plan to take a loan, choosing a college with low fees and strong placement support is important. Make sure to register and participate in all CAP rounds and prioritize your college options carefully. With the right choice and consistent effort during your MBA, placements are definitely possible.

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OISHEE BANERJEE 24 July,2025

i want mba 4th semester management control system questions paper in s University

Hello

GTU offers semester-wise question papers for MBA SEM 4 – Management Control Systems from 2008 onward. You can download past papers directly from GTU's repository.

You can also download papers from Careers360.com (//Careers360.com) , it will provide you with all the study materials.

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SEJAL JAIN 24 July,2025

Hi team, can you suggest best mba college in noida

Hello aspirant,

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

Amity University
aipuria Institute of Management
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To know about more colleges, you can visit our site through following link:

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

Thank you

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Sajal Trivedi 22 July,2025

HI Team ,can you guide which is the best mba college in delhi ncr

The Delhi NCR region hosts several top MBA colleges, both government and private, offering strong academic programs, industry exposure, and placement opportunities. The Indian Institute of Management (IIM) Rohtak, although located slightly outside the core NCR, is among the best and offers a highly competitive program. In Delhi itself, the Faculty of Management Studies (FMS), University of Delhi, is widely regarded as one of the best in terms of ROI, academic quality, and alumni network. Other well-reputed institutions include Indian Institute of Foreign Trade (IIFT), Management Development Institute (MDI) Gurgaon, and International Management Institute (IMI) Delhi. For those considering private options, institutes like Birla Institute of Management Technology (BIMTECH) in Greater Noida and FORE School of Management in Delhi are also recognized for their consistent placement records and corporate connections.

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OISHEE BANERJEE 21 July,2025

I am a working professional. Working as a engineer in operation management/ maintenance dipartment handling ev charging stations operational activities. So, Online MBA in operation management is good for me or Pgdm in energy from symbiosis is good.

Hello Amit Kumar,

As a working professional managing operations and maintenance of EV charging stations, both programs - the Online MBA in Operations Management or the PGDM in Energy Management from Symbiosis - can be valuable, but the most appropriate choice will depend on your long term career goals.

The Online MBA in Operations Management would build on your foundational knowledge base in process optimization, logistics and strategic operations which is core to expanding the EV sector infrastructure and optimizing your maintenance workflows.
While the PGDM in Energy Management from Symbiosis is narrower in focus and leads more deeply into the energy sector, it provides an advantage, particularly for someone wanting to take a stronger focus on sustainability, energy policy and the power sector dynamics that influence these areas.

If you hope to become a strategic leader in the EV and energy sectors, the PGDM in Energy Management fits more closely with this purpose. If you hope to assume broader leadership roles in diverse industries, then an MBA in Operations gives you broader flexibility.

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gopi 21 July,2025

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