IS IT A GOOD IDEA TO DO AN ONLINE MBA? WHAT IS THE BEST ONLINE MBA UNIVERSITY/ SCHOOL?

IS IT A GOOD IDEA TO DO AN ONLINE MBA? WHAT IS THE BEST ONLINE MBA UNIVERSITY/ SCHOOL? 

MBA (Masters of administration) is a post-graduation degree program which is offered by UGC-approved universities. This course is also containing 2 years in duration. But this program is offered by the UGC-approved universities in Pan India. There are approximately 5500 universities that offer MBA courses. The curriculum of this course changes every 5 to 10 years. This makes the course irrelevant when we talk about the placement.

UGC-approved universities help to provide MBA in different modes. Like – Regular, Distance, Part-time, Online, and so on. When someone thinks to do an MBA so many questions came to mind about which kind of MBA is helpful to provide good opportunities in coming future or not. Is a regular MBA or online MBA have the same significance in the required field? Is an online MBA valuable or not? And some other questions like this came into our mind. This article helps you get an answer if an online MBA is good or not or has the same importance as a regular course.

Before getting an answer about – is it a good idea to do an online MBA? You have to know about some points of online MBA- 

What is an Online MBA?

Online MBA is a program of master of business administration that is a specially designed course for students who want to do an MBA without affecting their current activities. Most students pay their own fees by doing the job or any other paid activities. So this course helps them to do their job and gain higher education simultaneously. 

First, let us know about the Pros and Cons of pursuing an online MBA degree:

Pros:

·       Flexibility

·       Affordability

·       International Network

·       Credibility

Cons:

·       Bypassing the campus experience

·       The stigma of online degree

·       Lack of 1-to-1 interaction

·       No Instant feedback.

So as per my knowledge, these are the pros and cons of getting an online MBA degree over a regular MBA degree.

There are quite a few good colleges/universities that provide an online MBA degree, such as:

·       Sikkim Manipal University of Distance Education- Sikkim

·       ICFAI University

·       Jain (Deemed-to-be University)- Karnataka

·       IGNOU- Delhi

·       Symbiosis Centre for Distance Learning- Maharashtra

Be it an online or an offline MBA degree, since the pandemic started both the degree modes carry similar weightage, and as you all know even the Central Government is giving more importance to the online mode of education.

So not much to think about if you are a working professional then an online MBA degree would suit you much more than a regular MBA degree.

Universities for best online MBA:-

Here is the list given below which contains the best online MBA universities/school are such: -

·       NMIMS (Narsee Monjee Institute of Management Studies)

·       LPU (Lovely Professional University) 

·       Manipal Online University (Jaipur)

·       Jain Online University

·       UPES Online is a university 

·       Amity Online University

·       Symbiosis University (SCDL)

·       Chandigarh Online University 

These universities provide online MBA facilities which really help to pursue higher education to that person who is not able to complete their higher education due to responsibility or any other reason. It helps and encourages these people for completing their higher education. 

Top Abroad Colleges for Online MBA:- Indian universities as well as foreign universities also provide online MBA programs so that person can complete their higher education. Here a few foreign universities are listed that offer online MBA programs.

So, here are some of the top universities for you to pursue an online MBA degree from abroad. 

 CONCLUSION: -

No online MBA course is equivalent to a full-time MBA. The reason is simple. Online programs are good in terms of only theoretical knowledge, the grill is much less, and the gravity of the course and topics are much less. Moreover, there is no opportunity for learning the skills which are the crux of Management education, like group projects, discussions, might-outs, preparation for examinations, strict guidelines, etc. Students learn a lot from such grilles and the same helps them become successful in corporate life. Also, the industry is aware of such differences and hence not many companies give weightage to online MBA programs - these are considered mere certification programs.

I would suggest that, if you are serious, go for a good Business School and pursue an AICTE-approved PGDM program with dual specialization, if possible. Choose a B School which will groom you well and charge less. for example, consider ASB Hyderabad/ Ashoka Business School. They offer AICTE-approved dual specialization courses like Marketing+Analytics, AI+ML, Finance+Fintech, etc, and charge very less, only around INR 5.8–6 Lacs. The average placement in this college is around INR 8–9 Lacs per annum. They also groom the students well. Some other good B Schools would be IISWBM Kolkata, FMS Delhi, ITM Mumbai, etc.

If you really want to do an online MBA, then go for the same from the IVY League colleges, or top-20 Business Schools of the world, not beyond that.