Online MBA vs Traditional MBA Programs

(1). About Online MBA and Traditional MBA

The Master of Business Administration (MBA) is one of the maximum favored selections of have a look at amongst clean graduates in addition to running professionals. An MBA is the most sought-after career-oriented course to enter the field of management. With current tendencies toward better education, college students now have alternatives to pursue MBA online or offline. However, many students look to find answers to questions like is an online MBA equivalent to a traditional MBA? What is the difference between an online MBA and a traditional MBA?

Online MBA v/s Traditional MBA

An MBA degree has been a staple of careers like economic management, marketing, fitness care administration, and others for decades. What’s modified at some stage in that point is how commercial enterprise colleges throughout the united states of America are providing their classes. Now, whether or not analyzing at a prestigious personal university or a longtime national university, students can pursue their MBA through online or traditional programs or some combination of both.

(A). Online MBA

An online MBA in India helps you to learn and finish the course at your own pace. It is the most flexible and viable way for MBA learning. An online MBA helps you to study and finish your course at your pace and also gives you access to any college from any geographical location. It also provides career guidance from industry experts as they can connect from their palace of convenience.

(B). Traditional MBA

Traditional on-campus MBA programs often appeal to students who need or want a little more structure and hands-on guidance. Students just out of an undergraduate business program, for example, might prefer the additional in-person attention offered by a brick-and-mortar school, as well as the familiar daily routine of face-to-face classes.

We are providing certain criteria that are important in order to compare the same course in two different modes. You can find the difference between the courses by comparing the main details of the online, and traditional MBA here:

Online MBA

Course Name: Online Master of Business Administration

Course Overview: The Online MBA is a Master in Business Administration which is a 2-year program where you learn all the business and management skills through online mode. The Master of Business Administration has always been an option for people who feel they need an addition to their current career.

Course Duration: 2 years

Attendance: Not Required

Eligibility Criteria: 50% in graduation in any stream/ Any working Professional.

Average Annual Fee: Rs. 50,000-500,000

Admission Process: The admission process is simple and completely online. You just need to fill out the application form, submit documents for verification, pay the fee, and get started with your course.

Student-Teacher Bond: Student-teacher bond on a lower level.

Curriculum: The curriculum is similar to a normal MBA with theoretical in addition to realistic training. The simplest distinction is that the entirety occurs virtually.

Delivery of Program: Classes, assignments, projects, and even exams are completely online.

Principles of Teaching: Extremely bendy teaching-getting to know the environment. Flexibility in phrases of attending classes, scheduling and giving exams, and filing assignments. Also, the whole lot takes place online via the web getting to know control system (LMS).

Exposure: Online MBA affords publicity with the assistance of everyday webinars, and interactive stay periods with enterprise experts, veterans, and alumni.

Intake Process: There is a selected term for admission. However, there may be a provision for lateral access as well.

Networking: Students can hook up with their friends and school via dialogue boards on their LMS. There are virtual webinars, interactive sessions, and alumni meetings as well.

Placement: The universities offer numerous sorts of placement and professional help services. Good universities organize placement drives as well.

Traditional MBA

Course Name: Traditional Master of Business Administration

Course Overview: The Traditional MBA is a complicated course targeted at coaching the know-how important for high-degree company management. Typically, humans pursuing a Master of Business Administration are in search of to enhance their process possibilities for the future.

Course Duration: 2 years

Attendance: Compulsory

Eligibility Criteria: Graduation from a recognized university and a good % in an MBA entrance exam.

Average Annual Fee: Rs. 20,000-7,00,000

Admission Process: The admission procedure of a normal MBA or full-time MBA is complicated and calls for a qualification with inside the front examination prepared at the national or countrywide level. If you want to secure admission to a full-time MBA then, you need to pass the entrance Exam, Group Discussion and Personal Interviews are some of the rounds one has to go through to get selected for a full-time MBA program.

Student-Teacher Bond: Great opportunity for a student-teacher bond.

Curriculum: The curriculum includes both theory and Practical training in the regular MBA program.

Delivery of Program: Regular offline school room observation with a hard and fast timetable and timetable of lessons with offline checks is the mode of software transport in full-time MBA software.

Principles of Teaching: Fixed and strict schedule for assignment submission, exam dates, and class participation.

Exposure: Traditional MBAs offer commercial visits, manufacturing facility visits, and subject visits are a vital part of a full-time MBA program and are a part of the curriculum.

Intake Process: Since the kind of seats is fixed, there is lots of opposition to getting a seat in a full-time MBA program.

Networking: Students could have non-stop interplay with college contributors and fellow students. Hence, networking is there on a massive scale among the students, visiting faculty, and different contributors which is an advantage.

Placement: A placement process is conducted at the end of each final academic year and students have the opportunity to get hired by the best of companies tied up with the program.

(2). Online MBA v/s Traditional MBA Job and Salaries

The fee of every MBA Online is deemed equal to that of a regular MBA and offers opportunities for a higher-paying job.

Online MBA Salary and Jobs

Listed below are some of the job profiles and their salaries as under:

Job Role	Average Annual Salary
Human Resource Manager	Rs. 6,95,501
Project Manager	Rs. 12,98,003
Marketing Manager	Rs. 6,77,465
Business Operations Manager	Rs. 9,76,913
Financial Manager	Rs. 7,90,957
Business Analyst	Rs. 5,70,320

Traditional MBA salaries and jobs

Listed below are some of the job profiles and their salaries as under:

Job Role	Average Annual Salary
Data Analytics Manager	INR 14,00,000
Transport & Logistics Manager	INR 6,00,000
Infrastructure Manager	INR 11,00,000
Healthcare & Hospital Manager	INR 4,00,000
Retail Manager	INR 5,00,000
Finance Manager	INR 9,60,000

(3). Top Online MBA College in India

Before going deep into the Online MBA courses, allow us to recognize which are the Top Online MBA faculties in India. Universitykart.com experts have analyzed over a hundred Online MBA colleges and programs and have selected the best Online MBA Universities and Colleges in India. Here is our list:

(1). IMT-Centre for Distance Learning(IMT-CDL) Ghaziabad

Program Duration	2 Years
Online MBA Fee (In INR)	Rs.1,11,000
Online MBA program offered	Online PGDM

(2). Great Lakes Institute ofManagement, Chennai

Program Duration	2 Years
Online MBA Fee (In INR)	Rs. 9,00,000
Online MBA program offered	Business Analytics, Finance, Human Resources, IT & Systems, Operations, Sales & Marketing

(3). Online Manipal: ManipalUniversity Jaipur

Program Duration	2 Years
Online MBA Fee (In INR)	Rs.1,50,000
Online MBA program offered	Finance, Marketing, HRM, Operations Management, Analytics & Data Science, Retail Management, BFSI, IT & FinTech

(4). NMIMS Global Access School for Continuing Education, Mumbai

Program Duration	2 Years
Online MBA Fee (In INR)	Rs.1,44,000
Online MBA program offered	Marketing, IT, Finance, HR, Information Technology, Biotechnology Management, Agriculture & Food Business, Business Analytics, Aviation Management, Business Economics, Banking & Finance Management, Communication, and Media Management

(5). Shiv Nadar University, GreaterNoida

Program Duration	2 Years
Online MBA Fee (In INR)	Rs.4,00,000
Online MBA program offered	Entrepreneurship, Business Economics, Banking & Finance Management, Communication, and Media Management

(6). Indira Gandhi National Open University (IGNOU)

Program Duration	2 Years
Online MBA Fee (In INR)	Rs.37,800
Online MBA program offered	Leadership and Strategy, Operations & Supply Chain, IT Management, HR Management, Finance Management

(7). Welingkar Institute of Management(We School) Mumbai

Program Duration	2 Years
Online MBA Fee (In INR)	Rs.1,01,000
Online MBA program offered	E-Business, Travel & Tourism, Marketing, Retail, Agri-Business, HCM & Others

(8). Symbiosis Centre for Distance Learning (SCDL), Pune

Program Duration	2 Years
Online MBA Fee (In INR)	Rs. 50,000
Online MBA program offered	IB, Supply Chain, Data Science, Marketing & Others

To conclude, an Online MBA degree has a good deal extra blessings than you think. The profession scope is outstanding with excessive earnings programs thereby growing the ROI. However, these types of blessings stand so long as your online MBA degree is from a proper college. To help you choose the college which is best according to your specific needs, Universitykart has come up with a Compare Feature to compare universities providing online and traditional education based on various parameters for different UG, PG, and Diploma courses.