What is an MBA program?
An MBA is a 2-year postgraduate program that provides students with learning of business management and economics. The course is designed to make students understand the value of business ethics, laws, and managing an organization.
What are the different modes of learning an MBA program course?
An MBA program can be pursued in three different learning modes that are: offline MBA courses, online MBA courses, and distance MBA courses. Students can opt for any learning mode of their choice. Hence most students pursue online MBA courses as it is the most flexible courses and useful for working professionals who are already working in an organization and cannot attend face-to-face on-campus classes.
What is an online MBA course?
An online MBA course is a 2-year online program in which students learn by attending live online lectures from top global faculties and grasp a vast knowledge of the business and management industry.
What is the difference between an online MBA and a distance MBA program?
An online MBA is different from a distance MBA course in terms of flexibilities, examinations, accessibilities, placement assistance, and networking. A distance MBA course is a 2-year program in which students learn on their own without any faculty experts. The students get study materials through emails and parcels at their homes. Moreover, the students attend offline examinations which makes it very hectic for them to cooperate.
Top 7 Cheapest Online MBA Universities
In India the top 7 cheapest online private universities are given as under:
- IGNOU (Indira Gandhi National Open University)
- Amity University Online, Noida
- Chandigarh University Online
- Uttaranchal University
- Lovely Professional Online University
- DY Patil Online University
- NMIMS Online University
What are the benefits of pursuing an online MBA program course?
An online MBA course comes up with several benefits for the students and allows them to avail these advantages. Let’s have a look at some of the benefits:
- An online MBA program course provides a comprehensive curriculum learning environment to students. As directed by UGC, online universities should use the 4-quadrant rule given by MOI (Ministry of Education) which includes online classes, online assessments, online study materials, and online examinations.
- An online MBA course is very cost-effective and less expensive in comparison to an offline MBA course. As we all know, MBA courses are one of the highest fee demanding courses in the world, therefore, online universities providing such quality courses with less fee structure makes the students keen to pursue the course.
- Online MCA courses provide flexibility to students in terms of examinations, schedules, and timings. This helps the candidates to cooperate in their professional work and studies altogether.
- An online MBA is especially pursued by working professionals so that they can manage their studies and jobs equally and enjoy the flexible program benefits.
- Most online universities providing online MBAs have tie-ups with several recruiting companies that hire fresh graduates of the universities and help in placement assistance.
- Universities conduct online events, webinars, forums, and alumni meets. This helps students to build networks with professionals and industry experts.
What are the career opportunities after an online MBA?
After completing your online MBA program, students can avail different career opportunities in different industries of management. Let’s take a look at the different career opportunities that you can pursue after an online MBA course:
- Human Resource Manager
- Entrepreneurship
- Project Manager
- Marketing Manager
- Investment Banker
- Business Analyst
- Sales Manager
- Chief Executive Officer
Eligibility criteria for pursuing an online MBA course
The eligibility criteria to pursue an online MBA course program is a bachelor’s degree from a recognized university in any stream with a minimum percentage criteria of 50-55%. The minimum score criteria can differ for several universities. Moreover, some of the big reputed universities want 1-3 years of work experience while some do not.
Top specializations of online MBA courses
The top specializations of online MBA courses include
- Finance
- HRM
- Supply chain & logistics
- digital marketing
- AI & machine learning
- data analytics
- Entrepreneurship
- data science
- healthcare management
- Hospitality
- event management
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Conclusion
In conclusion, an online MBA program is a good opportunity to take your career to a good height in the future. Candidates who want to grab good job opportunities and higher posts can pursue online MBA programs.