In the wake of mass technological advancements, the field of higher education is also transforming rapidly. The introduction of an online MBA program is a result of this transformation as well, and it has opened up unchartered territories for management aspirants. An online MBA program is a postgraduate management degree that has brought options for continuing education for working professionals and freshers. Read this article to learn more about the online Master of Business Administration being offered in India.
Online MBA: Overview of the Course
An online MBA is a degree course of 2 years offered at the postgraduate level to professionals and freshers who have completed their Bachelor’s degree. An online MBA is a UGC-DEB approved program in India, meaning it holds equal value and credit as a regular MBA program. The major selling point of an Master of Business Administration (MBA) online is that the degree is completed fully in the virtual mode, with lectures being held regularly on the online learning platform of the institute. Provided here are some of the major details about an online MBA program:
- Specializations: Marketing Management, HRM, Finance Management, Projects Management, Operations Management, Logistics And Supply Chain Management, Business Analytics, Data Science, IT Management, Healthcare Management, Hospitality Management, Digital Marketing etc.
- Types of Online MBA: Executive MBA, Global MBA, 1-Year MBA, MBA After Diploma etc.
- Course Fee: INR 1,00,000 – INR 3,00,000 (2 Years)
- Eligibility for Admission: Having Completed a Recognised Bachelor’s degree (From Any Stream) with At Least 50% Aggregate Marks in the Qualifying Exam.
- Course Duration: 2 Years (4 Semesters)
- Course Level: Postgraduate Degree
- Course Approvals: UGC-DEB, AICTE, NAAC, AACSB etc.
- Top Online Universities Offering Course: IIM Raipur, IIM Ranchi, Jain University, Amrita Vishwa Vidyapeetham, Bharathidasan University, Amity University, LPU, Manipal University, Manav Rachna University, Symbiosis Centre for Distance Learning (SCDL), SASTRA University, BIMTech Online etc.
5 Reasons to Take Up an Online MBA: Roadway to a Successful Managerial Career
An online MBA program holds transformative potential for management aspirants’ careers as it can provide the necessary edge to their qualifications as well as make them eligible for new professional opportunities in the future. Mentioned here are the top 5 reasons that make online MBA a degree worth investment for your career!
- The Vast Flexibility of Learning: Since an online degree involves both live virtual lectures along with lecture recordings, students can benefit from the flexibility provided in the course. An online MBA program promotes self-paced learning with the lack of rigid attendance criteria or timetables, making it a convenient choice for learners with diverse needs.
- Affordable Fees: When compared with the offline and regular MBA programs offered across India, the fee range of an online MBA shines through as much more pocket-friendly and affordable course for professionals and freshers alike. With added facilities like EMI options, educational loans and concessions, an online MBA enables a larger number of aspirants to realise their dream of completing an MBA.
- Learning from Global Faculty: Since the online learning mode allows individuals from all across the world to easily connect, students taking the course get to interact with and learn from the top eminent faculty and industry experts across the globe.
- All-round Placement Support: To ensure that students of an online MBA receive similar career benefits and support as that of a regular course, 360-degree placement support is offered to the enrolled students, with professional grooming, job drives, industry interactions and so on.
- Working Alongside Higher Education: One of the strongest cases for pursuing an online MBA is that its flexible learning model allows candidates to pursue their professional commitments alongside their degree, which means that they can complete an MBA without taking a break in their professional career.
Online MBA vs a Distance MBA
A distance MBA is one of the traditional options out there for students and working professionals who wish to pursue their management education further. In a distance MBA program, a student receives study materials for their course either in the digital or in the physical mode and studies and prepares them for assessment and evaluation. Occasional classes in the campus or in the online mode allow the student to interact with the peers and faculty of the course. Examinations for a distance MBA are conducted in the physical mode on campus.
On the other hand, an online MBA includes more structured instruction, with regular online live lectures along with recorded learning modules, providing a guided and regular learning akin to classroom settings. It also provides students with access to innovative learning materials in various modalities, along with platforms for online peer and faculty interactions. The examinations for an online MBA program are conducted in the online proctored mode.
Finding the Right Online MBA University
Locating credible and authentic resources for online education, researching their accreditations, finding the right online university as well as the right specialisation are a challenging task taking up a lot of time. To enable students and professionals to locate authentic information, learning resources and exploring the top online universities offering this course, College Vidya, a one-stop online education platform offers students with a host of pre and post-admission services regarding online education.
On the official College Vidya platform, you can check out over 75+ accredited online courses including online MBA and compare the approved universities offering this course on over 30+ parameters using the innovative “Suggest Me in 2 Mins” feature. Moreover, with the state of the art services including career counselling, financial aid, alumni access, CV community, exclusive job portal etc., students can reap the maximum benefits of online education and find the best online MBA option for themselves.
Conclusion
An MBA in the fully online mode is a fully accredited degree course which holds immense potential to transform a management aspirant’s career trajectories, providing them the flexibility to learn while earning as well as add a much coveted qualification like an MBA to their qualification portfolio. With the all-round student support available with the course, candidates can seamlessly complete this degree and receive the benefits of a career boost and lucrative career opportunities in the future.