ABOUT ONLINE MBA-
This mode of learning helps to use modern elements through which the teaching and learning process take place. This learning takes place with the utilization of a virtual learning environment (VIE)- model, collaborates or blackboards to share multimedia lectures discussions, send resources to students, and conduct exams.
Mostly they do an online MBA degree and do not want to leave a job and career both then they choose this and it is getting very helpful for them. This is where the real appeal of an online MBA becomes apparent. While traditionally a part-time MBA candidate would be limited to schools in their local area, they can now choose to study at a highly-respected international business school, enjoying the benefits of the school’s network, access to world-class faculty, and the ability to put a prestigious, globally-recognized school on their resume.
Many graduates of online MBA programs are reporting positive outcomes immediately after getting their degrees. At Indiana University's Kelley School of Business, for example, online graduates are reporting average salary increases of 29% over their pre-MBA pay. At the University of North Carolina's Kenan-Flagler Business School, 76% percent of online students have received promotions or started new jobs while in the program. Students there also average 29% salary increases over their pre-MBA pay levels by graduation. While for-profit MBA programs usually cost less, they are also known for having lower admissions requirements.
The online MBA has many qualities like it save them time and helping them to do other work easily can manage thing properly through this study and get a better education from known colleges or universities which give more opportunity to the person and have flexible study it depends on your choice the what time and date you want and it is very low cost than full-time MBA course.
So it is valuable at this point where technology is growing dynamically and things are expanding very fast where time is getting less so it gives you a good opportunity to think of a career while doing a job.
1. Accessibility- Distance MBA courses are usually delivered to students who live in remote places, and who cannot commit to online study.
2. Attendance- No attendance is required in this learning.
3. Eligibility- Graduation from a recognized university and a good % in an MBA entrance exam.
4. Mock interview- No such provision in this learning.
5. Student-teacher interaction- No interaction takes place between students and teachers. They only interacted with each other when adhering to exam deadlines and submission deadlines.
6. Mentorship- Only 4-5 doubt sessions will be taken by the teachers during the whole academic year.
7. Assignments and exams- Students will be able to complete their course after receiving and submission of their work from their nearby regional center.
8. Placement assistance- Depending on the institutions.
9. Flexibility- It provides an opportunity for students they can able to complete this on behalf of their own schedule and doesn’t depend on a specific timetable to do an MBA.
10. Alumni Status- no alumni status will be provided in this type of learning.
11. Exposure- Lesson plans are usually simple with minimum exposure. It doesn’t allow to you study industry trends by revealing real worlds experiences and case studies.
1. You can able to learn according to your time:-
(a). It depends on how self-disciplined you are. If you don’t schedule everything well and learn, it won’t add much value
2. The value HR managers/the world gives for distance MBA:-
(a). It really depends on your recruiter. There are HR managers who think it’s a complete waste and many others think otherwise.
(b). It also depends on how you market yourselves.
3. MBA Tag:-
(a). Again it depends how the other person’s view. Some people blindly give too much importance to the MBA tag.
(b). Don’t think the MBA tag will magically allow you to move into bigger roles quickly.
ROI of online MBA-
It is not a bad investment and it does not come with a high opportunity cost. Low risk, chances of your returns are also low.
What is the best-valued Online MBA Program in your opinion?
Online programs are often selected by students, but I usually prefer or advise full-time MBA programs to the aspirants. These programs carry the most value and impart more skills to the students.
A good Management course will enable you not only with the knowledge but with some skills like leadership, negotiation, public speaking, etc. These will make you a complete professional will help you find a better job and give you the right start in your career.
While pursuing a Management course, keep the following points in mind:
A. Course is very important and I always advise going for PGDM with Technology blended dual specialization and AICTE affiliated college (like AI+ML, HR+HR Analytics, Finance+fintech, Marketing+Analytics).
B. A good college will also bring good faculty, grooming programs, and placements. C. ROI/ return on investment should be very good, i.e. the college should charge you a minimum but add a lot of value to you and get you good placements.
From this perspective, the following B Schools are worth checking: Ashoka School of Business/ASB Hyderabad, GLIM Chennai, IISWBM Kolkata, XIM Bhubaneswar, ITM Mumbai, etc. Among them, ASB Hyderabad and ITM Mumbai are really good in terms of ROI. But you should carry out your own research and then decide.
This ranking of the Best Value Online MBA programs highlights degrees from all over the country. These top programs come from public and private schools with large and small student populations. Each of these Online MBA degrees is accredited and hails from top business schools from around the nation. Base tuition prices range from under $8,000 to almost $50,000 for the MBA, and graduate salaries range from $50,000 to over $100,000 per year. The MBA indeed stands as the pinnacle of business leadership training, and the online version gives unmatched accessibility and value, but this Best Value Online MBA Ranking shows that excellence and value can go hand in hand.
To find the 2022 Best Value Online MBA programs, we started with our list of top Online MBA programs from U.S. News, Forbes, The Financial Times, Bloomberg Businessweek, and The Economist. Then to find the ranking order of this list, we calculated each degree’s Return on Investment (ROI). In the business world, ROI equals the (Current Value of Investment – Cost of Investment) / Cost of Investment. Thus, to find the Best Value Online MBA programs, we calculated the (business school average base salary – base tuition cost) / base tuition cost. The average base salary for each business school used in our calculation was collected from U.S. News and World Report. The base tuition cost was collected from each online MBA website.
There’s value to be had from an online MBA and judging from the top three value-for-money programs, the UK is leading the way. But with a mix of schools also from Europe, the US, and Australia, business school candidates have a wealth of options to choose from.
|Value For Money Ranking||School||Program Name||Average Salary||Increase Salary Today|
|1||Bradford School of Management||MBA Distance Learning||39%||$147,697|
|2||Warwick Business School Warwick||Distance Learning MBA||35%||$207,725|
|3||Durham University Business School||Online MBA||25%||$138,965|
|4||Politecnico di Milano School of Management||International Flex MBA||45%||$153,680|
|5||University of New South Wales||AGSM AGSM MBAX||33%||$134,277|
|6||University of Nebraska, Lincoln||MBA @ Nebraska||28%||$99,988|
|7||Imperial College Business School||Global Online MBA||19%||$184,899|
|8||University of Florida, Warrington||Online MBA||35%||$133,937|
|9||IE Business School||Global Online MBA||32%||$164,578|
|10||Indiana University, Kelley||Kelley Direct Online Programs||31%||$145,723|
Online MBA is fast becoming the preferred choice of fresh graduates and working professionals because it is flexible and affordable. Take a look at the top 5 Online MBA courses in India. If you are a fresh graduate and can dedicate two more years to education, you can go for a full-time MBA course, but if you want to start working immediately after graduation or are already working, an online MBA course is the best option. Many B-Schools in India offer online MBAs.
Top 5 Online MBA Courses in India
National Institute Of Business Management