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Boost Your Career With an Online MBA Program

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In today’s competitive job market, having an MBA degree can give you a competitive advantage. However, many working professionals and students often face challenges in allocating the necessary time and resources to pursue a conventional on-campus MBA program. But with the advent of Online MBA programs you can now complete your MBA degree too from the comfort of your home.

But how valuable is an Online MBA? What is the cost of pursuing an Online MBA Program? Is it valid? Is it the right choice for you? Questions like these will be hitting your mind right now!

Well, in this article, you will get insights about it including types of specialization offered, what platforms to choose from, jobs, salary outlook, and much more. Furthermore, you can also opt for Distance MBA education. It also offers the same advantages like flexibility, affordability, etc with few limitations. There are numerous government-authorized universities that offer Distance MBA education.

What is an Online MBA?

The Online MBA is a two-year postgraduate degree program that is conducted entirely through online platforms and learning modules. The course offers different specializations in the fields of accounting, marketing, finance, HR, and management. It tends to attract working professionals and students with concurrent commitments. Online MBA offers a flexible and accessible approach to the traditional MBA program.

What is the Minimum Eligibility to Opt for an Online MBA?

Candidates seeking info portals admission to an online MBA program, need a bachelor’s degree or its equivalent in any stream, with a minimum of 50% overall marks from an accredited university or institution. Additionally, you should have passed your 10+2 from a recognized Board of education.  

Which Exams are Conducted for Online MBA?

Some universities take entrance exams for this online master’s program such as CAT, MAT, XAT, and SNAP while others provide direct admission based on their eligibility criteria.

How Does the Program Work?

This program allows you to complete the coursework entirely online at your own pace with flexibility and the classes are mostly scheduled on weekends. The coursework will likely involve participation in video lectures, assignments, and projects, and interacting with professors and other fellow mates virtually. A comprehensive learning management system is also provided to the students.

What Career Prospects Does it Offer?

 After completing the course, one can get a job in both the public and private sectors. Candidates may also get a chance to go abroad. They can get a job in Banking, Finance, Telecom, Digital Marketing, and Foreign Trade sectors.

High Demand Job Profiles

Job Profiles Salary Packages (Per annum in INR)
Marketing Manager ₹60,00,000 – ₹90,00,000
Accounts Manager ₹50,00,000 – ₹70,00,000
Product Manager ₹70,00,000 – ₹1,00,00,000
Equity Research Analyst ₹50,00,000 – ₹80,00,000
Human Resource Manager ₹55,00,000 – ₹80,00,000
Investment Banker ₹75,00,000 – ₹1,10,00,000+
Management Consultant   ₹70,00,000 – ₹1,10,00,000+

Top Recruiters

Amazon Facebook
Apple IBM
Deloitte Infosys
Accenture TCS

Is an Online MBA Valid in India?

Yes, online MBA programs are valid and are recognized in India by the University Grant Commission (UGC). The UGC recognition adds more credibility, validity, and market acceptance to the course.

Many renowned Universities such as IIMs, IGNOU, Amity University, and other business schools in India offer these programs that hold equivalent accreditation and importance to the conventional on-campus MBA programs

Candidates seeking admission to an Online MBA program in India must ensure and verify the accreditation status of the institution. There are prominent ed-tech portals such as CollegeVidya that provide a seamless experience in choosing UGC-approved Online courses and post-admission assistance.

Top 5 Reasons to Choose an Online MBA

  • Flexibility and Convenience: It offers flexibility to the students allowing them to access and complete the coursework on their schedule from anywhere in the world. This can be beneficial for those who are working professionals and may have other commitments or family responsibilities.
  • Cost-Effective and Affordability: They are usually more affordable and cost-effective than traditional on-campus MBA programs. While opting for it, one can save on relocation expenses, travel expenses, food expenses, etc
  • Diverse Learning Environment: They have a diverse learning environment allowing students to connect with students globally. This diversity also helps in building a global network of professionals, which can be fruitful for career advancement.
  • Career Advancement Opportunities: An Online MBA from a respected and renowned business school or institution carries immense career opportunities like the on-campus MBA degree. It will provide an edge to your current working profile and will help you get lucrative jobs, promotions, and a better salary outlook.
  • Accelerated Options: It offers accelerated course loads, in which you can finish a full-time Online MBA in just one year. This program is most preferred by the working professional.  It usually requires a strong academic background and relevant work experience.
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Which Institutes are Providing Online MBA Programs in India?

IGNOU (Indira Gandhi National Open University)

IGNOU offers various distance education programs, including an Online MBA program. IGNOU’s MBA program is both affordable and highly esteemed. It has an extensive network of study centers nationwide which ensures a seamless learning experience for its students.  Admission is done through the scores of the OPENMAT entrance examination.

Candidates seeking admission require a bachelor’s degree in any discipline with a minimum of 50% marks for general category candidates and 45% marks for reserved category students.

ICFAI ( Institute of Chartered Financial Analysts of India)

The Institute of Chartered Financial Analysts of India offers MBA online in many specializations such as finance, operations, marketing, human resource management, international business, etc.

IIMs (Indian Institute of Management)

While IIMs are often known for their high fees, some of them provide online and distance MBA that is not only more cost-effective but also maintain the rigorous and prominent educational standards for which they are known. The admission criteria typically require a bachelor’s degree and significant work experience. Applications are evaluated on academic performance, work experience, and performance in aptitude tests or interviews.

Amity University Online

Amity University provides a comprehensive online MBA program with various specializations in Finance, Marketing, Human Resource Management, Operations Management, and more. Candidates require a bachelor’s degree from a recognized university, also it may include an interview and Amity’s entrance test based on the chosen specialization.

Symbiosis School For Online & Digital Learning (SSODL) 

Symbiosis School For Online & Digital Learning is known for its quality education and expansive alumni network, SSODL offers a variety of specialized MBA programs. Its competitive fee structure makes it a popular choice among working professionals. 

How College Vidya is Useful?

College Vidya is one of the leading online education portals in India. It has emerged as a favored choice for many individuals pursuing higher education through online platforms. College Vidya only lists UGC-DEB-approved universities on its portal, till now it has listed 100+ universities on its portal. 

Their platform’s services focus on the 3 Cs: 

Compare, Counsel, and Connect. By using the comparison feature, users can explore, assess, and compare over 100 UGC-approved universities on factors like fees, courses offered, career prospects, placement records, and student reviews. Through the counsel feature, students can easily get one-to-one mentorship over their shortlisted universities via 2500+ experts. Through the connect feature, College Vidya enables the students to connect globally with the other students, and alumni.

They stay with you in your entire learning journey by providing post-admission services like timely delivery of LMS, assignment submission, and guaranteed placement assistance. Also, it has an amazing and informative telegram group by the name of CV Community which enables students and faculty members to connect and communicate effectively.

Conclusion

Going for an online MBA from a renowned university offers a flexible and affordable path to unlock your career potential. The career advantages which it has makes it an optimal choice for working professionals. However, individuals seeking admission to these programs must explore top-rated online MBA institutes and specializations to propel their careers.

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