Online MBA Program
We are living in an age where an MBA is a degree aspired by many. From a fresh graduate to a working professional, everyone wants to pursue an online MBA for career growth. That’s why we’ve created this comprehensive online MBA guide elucidating the following:
- What is an Online MBA Program?
- How to Select an Online MBA Program
- Who can Enroll in an Online MBA Program?
- Popular Online MBA Courses and PG Programs
- Top management Colleges in India offering online MBA program offering online MBA program
- Is it a good time to pursue an MBA?
- Benefits of Online MBA
- Disadvantages of Online MBA
What is an Online MBA Program?
An online MBA program is a convenient and advanced version of distance learning. In an online MBA program, the lectures are offered on virtual learning platforms. These programs allow students to learn at a pace that is ideal for them, without feeling stressed or hassled.
How to Select an Online MBA Program
All online MBA programs are not designed in the same manner and for all students. Some programs are more job oriented whereas others are more exposure oriented. Additionally, many institutes have started adding a layer of specialization to the general management content. Moreover, employers notice where job applicants have earned their degrees while sorting through the stack of resumes, which makes the brand of the institute an important consideration.
Importantly, since it is not the ideal time to leave your job for education, choose a program where the time commitment is something that you can manage.
It is better to do your research before you apply for an online MBA program. You should opt for such a course that suits your personal career goals, whether those lie in finance, marketing, human resources, strategic management, or any other domain.
To sum up, here are some factors that you should consider while choosing a program:
- Brand of the institute and university
- Profile of the faculty
- Course curriculum and duration
- Price of the course
- Placement assurance/career support
- Peer group profile
- Specialization options
- Time commitment
Who can Enroll in an Online MBA Program?
Education: Usually, the basic eligibility criteria for an online MBA is a Graduation/Bachelor’s Degree in any discipline or equivalent from a recognized university with a minimum of 50%.
Work Experience: While most programs do not require prior work experience, some of the programs might ask for 2-3 years of work experience to enroll.
Entrance Exams: There are no entrance exams for online MBA programs.
Apply for Online MBA Scholarship from IMT Ghaziabad
Popular Online MBA Courses and PG Programs
If you are looking to combine a top-class education with flexibility and convenience, the following online courses may be perfect for you. The following listed online MBA courses have excellent pedagogy and most of them are accredited by top institutes, ensuring the program content matches the expected delivery standards.
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Executive Post Graduate Programme in Management for Working Professionals – IIM Kozhikode
Course Highlights:
- Two years of master’s degree program in management
- 750 hours of classroom instruction through Interactive Learning (IL) platform
- 3 weeks of on-campus learning
- Certificate from IIM Kozhikode
- Helps in learning leadership skills, strategic thinking, and analytic learning using a holistic approach
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Executive Post Graduate Certificate Programme in Management by IIM Indore
Course Highlights:
- One-year online program (classes only on Sundays) with 5 days of mandatory on-campus orientation
- Designed for professionals having work experience
- Interactive online projects and assignments
- Special focus on most in-demand skills like strategic management for executives, spreadsheet modeling, quantitative techniques
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Online MBA from Jaipuria Institute of Management
Course Highlights:
Course Highlights:
- AICTE Approved online MBA
- 2-year fully online program with live classroom sessions
- Weekend classes
- Faculty with rich industry & academic experience
- Designed for professionals having work experience
- Interactive online projects and assignments
- Microlearning through short videos
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Master of Business Administration by Amity Online University
Course Highlights:
- A 2-year online degree program (97 Credits)
- Recognized by the University Grants Commission (UGC)
- Online video content, interactive video lectures, virtual job fairs, dedicated career growth
- Includes free access to 11 essential life skills courses
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Online MBA from Manipal University
Course Highlights:
- UGC-recognized degree from an A+ NAAC-accredited university
- 2-year fully online programme
- Expert academic and career support
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Post Graduate Certificate in Business Management by XLRI
Course Highlights:
- One-year certificate program for working professionals
- Offers a holistic business management approach to grasp the latest skills
- XLRI certificate and alumni status
- Covers interesting lessons on subjects like international management, product management, data visualization & analytics for decision-making.
Apply for Online MBA Scholarship from IMT Ghaziabad
Top management Colleges in India offering online MBA program
Except for IIM management colleges, Below are some top management institutes in India offering online MBA program
Top management Colleges in India offering online MBA program
Amity University
Course – Online MBA
Course fee – Rs 2,53,000
Eligibility – Candidate must have a Graduation degree in any discipline with 50% marks.
Great Lakes Institute of Management
Course – Online MBA
Course fee – Rs 3, 50, 000
Eligibility – Candidates must have a graduation degree in any discipline with 50% marks.
Jaipuria Institute of Management, Noida
Course – Online MBA
Course fee – Rs 1, 80, 000
Eligibility – To do Online MBA, candidates must have a graduation degree in any discipline with 50% marks.
Amrita Vishwa Vidyapeetham
Course – Online MBA
Course fee – Rs 2,20,000
Eligibility – To do an online MBA, candidates should have a graduation degree in any discipline with 50% marks.
XLRI
Course – Executive Diploma in Advanced Management
Course fee – Rs 4,00,00
Eligibility – The candidate must have a Graduation degree in any discipline with 50% marks and should have at least 10 years of work experience after graduation as of the registration date.
Birla Institute of Management Technology (BIMTECH)
Course – Online MBA
Course fee – Rs 1, 90, 000
Eligibility – For an Online MBA, candidates must have a graduation degree in any discipline with 50% marks.
Chandigarh University
Course – Online MBA
Course fee – Rs 2,00,000
Eligibility – Must have Bachelor’s degree from a recognized university and also must have qualified in the CA exam.
Is it a good time to pursue an Online MBA?
Given that the world is changing so much during these transitioning times, pausing and reflecting on one’s career strategy can be immensely helpful. This is why we think that pursuing an online MBA during the Covid-19 pandemic is something that you should consider.
In March 2020, IMF Managing Director, Kristalina Georgieva stated that “We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021.”
While many experts agree that COVID-19 will trigger a recession, the coronavirus crisis also has the potential to change higher education more than any recession in the past. Historical data suggests that recessions are the times when online MBA applications increase. The reason is quite obvious. Recession often results in increased unemployment and fewer new opportunities. Due to the same reason, professionals seek higher education to add value to their resumes by expanding their skills.
Benefits of Online MBA
- Flexibility
- Cost-saving
- Expands your Knowledge
- Career Advancement
- Builds Managerial & Interpersonal Skills
- Ideal for Networking
- High Salary Potential
- Job Security
- Strengthens Your Resume
- Easily Switch Careers
- Worldwide Recognition of your Credentials
Disadvantages of Online MBA
- No Campus Experience
- Need for Greater Discipline
- Need for more Experience
- Recruiter Apathy
- Technology Cost
Apply for Online MBA Scholarship from IMT Ghaziabad
The Bottom Line
“Leadership and learning are indispensable to each other,” is a quote from the speech that John F. Kennedy, the 35th U.S. President prepared in Dallas in 1963.
We cannot agree more with this quote. Just getting a job or a promotion is not the end. Rather, it is just the beginning of a lifelong learning process. A leader cannot lead without a desire to learn and must continue learning to maintain a position of leadership.
An online MBA can benefit you in various ways. It can help you develop vast knowledge, build soft skills, enhance your career path, build a professional network as well as help you land a high-paying job. It’s a good idea to enroll in a program that will provide you with the required knowledge and skills, which will help you fit best in the business community.