A master’s degree is very essential for growth and development in the professional journey. Online MBA is one of such master’s courses that boosts the professional journey of the students. Sadly the majority of students could not continue their studies after graduation due to various personal and financial reasons.
Some students join a low-level job after graduation to support their family financially. Some students cannot afford to join regular college due to its high fees and some students do not continue their studies because of the unavailability of better colleges and universities.
To cater to this problem Online MBA Courses MBA program was introduced by some of the best universities in India to educate every child was has a keen interest in business management, marketing, finances, and all the specializations offered in regular MBA.
In the online MBA program, students are not required to visit colleges or universities to attend classes. Instead, all the classes and study materials are made available to the students in a few clicks by the universities. One of the professors and industry leaders prepared the syllabus and curriculum of the online MBA program. Universities use their Learning Management System to track the progress of the students and provide online classes and notes.
Benefits of the Online MBA Program
There are several benefits to pursuing an online MBA over a regular MBA. Some of the benefits of pursuing an Online MBA are mentioned below-
- University Grants Commission and Distance Education Bureau recognize MBA to be offered in Online Mode.
- University Grants Commission considers an Online MBA Courses equal to the Conventional degree.
- With the flexibility to join classes as per availability and convenience, students can manage their time at work and studies. Students can manage their work and studies simultaneously.
- Various certifications and skill development programs can be joined by the students while pursuing an online MBA program which will help in their professional journey.
- Students get online lectures and classes from some of the best professors and Industry experts through the Learning Management System.
- Online MBA provides a better career lookout to students in the field of Management and business administration.
Online MBA Courses
Candidates who are willing to enroll in an Online MBA program must fulfill the minimum eligibility criteria. Some of the eligibility criteria that most universities follow for admission to an Online MBA are mentioned below-
- The student must have completed his graduation from a recognized Institution/University.
- Students must have cleared CAT/MAT/XAT/CMAT/GMAT exams with valid scores.
- Students who have not cleared CAT/MAT/XAT/CMAT/GMAT must appear for an entrance test organized by the university.
Scope of Online MBA
With the increasing number of companies and organizations in the industry, there is a huge demand for professionals with management degrees. Management and business administration are core parts of every organization without which companies cannot operate. Online MBA provides high-paying career options to students and a diverse range of job profiles to dive in.
Some of the popular job profiles that Online MBA students prefer are mentioned below-
- Management consulting
- Investment banker
- Marketing management
- Financial Management
- Management Analyst
- Human Resources
- Brand management
- Asset management
- Operations management
- Healthcare administrator
These are some of the highly-paid job profiles after completing an Online MBA. Apart from jobs, students also prefer to start their start-ups and dive into entrepreneurship upon completing an Online MBA.
Online MBA vs Distance MBA
While the specialization, curriculum, and core subjects in Online MBA and Distance MBA are similar there is a great difference in dissemination of the course. In Online MBA the program is imparted through a well-developed learning management system of the University with the support of their highly experienced faculty. In Distance MBA, the study material is delivered to the student and he has to study on his own. The degree obtained upon completion of Distance MBA and Online MBA are considered equal.
Also Read: The Top 10 Government Jobs You Could Do After Your 12th
Conclusion
After considering all the points mentioned above, an Online MBA turns out to be the best option for a master’s. Students will learn the best business and management practices from the most experienced and knowledgeable professors without going to university. Upon completion of the course, students can dive into a wide range of job opportunities and make a successful career.
FAQ
1) What are the eligibility criteria to apply for an Online MBA?
You must have completed your bachelor’s from a government-recognized university.
2) Can we choose specializations in an Online MBA?
Yes, you can choose specializations in your desired field. Some of the popular specializations are given below
- Business management
- Aviation Management
- Finance Management
- Entrepreneurship
3) What are the advantages of opting for an Online MBA?
There are various advantages of choosing an online MBA. Some of them are mentioned below:
- Affordability
- No need to visit the college daily
- No need to leave your job
- Promotions
4) What are the fees of an Online MBA?
The average fees of the Online MBA ranges in between 20,000- 3,00,000 depending upon the college you choose.