(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.
Related News
View AllRelated Articles
View AllTrending Articles
View All-
GMAT 2023: Registration, Dates, Eligibility, Scholarship, Syllabus, and Exam Pattern
Jul, 19, 2023 Read More -
NMAT 2023: Save the Dates Registration, Exam Pattern, Syllabus and Selection
Jul, 18, 2023 Read More -
Cracking CAT 2023: Essential Guide to Exam Dates, Notification, Registration, and Syllabus
Jul, 17, 2023 Read More
Trending News
View AllRelated Universities
View AllAlso Read
View All
Student Also Visited
View All
back