(1).
About Online MBA
Online MBA course is gaining in popularity among working professionals and people who want to earn a professional degree without going to college. For those who are operating in a corporation and those who do not have a terrific enterprise college in their city, an online MBA provides them an opportunity to pursue their degree through reputed universities without leaving their office or home.
With
the cutting-edge benefits of online technology, all well-known organization
schools, like NMIMS, IIMs, IMT, Welingkar, XIMB, and others have followed
digital lecture rooms as their desired mode of teaching. Now each famous commercial enterprise faculty
is providing an Online MBA application in India.
Online MBA ranges are actually approved via way of means of University Grant Commission and Distance Education Bureau. An Online MBA is conducted in a similar manner to a traditional MBA, the only difference between the two is, that you need not attend physical classes. All the classes are conducted online and you can attend them on your mobile phone or laptop. You also get access to recorded lectures and you can access them in case you missed attending the live lecture.
(2).
Why Online MBA?
(i). A wide
range of specializations to choose from
(ii). You can learn at your own pace
(iii). Affordable fee structure
(iv). Schedule your exam at your preferred time
(v). Study in a business school you always dreamed of
(vi). No entrance test is required (in most cases) for admission
(vii). Study without leaving your job
(viii). No need to visit campus ever
(ix). Study at your preferred time
(3).
Online MBA Eligibility
Students
need to fulfill the below-mentioned eligibility criteria to get admission to a
reputed college.
(i).
Eligibility criteria for Online MBA is graduation from a recognized university.
The minimum aggregate score in graduation may vary for different colleges.
(ii). Some schools moreover consider ratings of MBA the front exams in
conjunction with the Common Admission Test (CAT), Xavier Aptitude Test (XAT),
Common Management Admission Test (CMAT), Management Aptitude Test (MAT),
Symbiosis National Aptitude Test (SNAP), etc.
(iii). Some colleges also have the
mandatory eligibility criteria of two-three years of work experience for an
Online MBA.
(4).
What types of courses can I expect to take in an online MBA program?
Online MBA programs offer a wide range of courses that are similar to those offered in traditional MBA programs. The specific courses you can expect to take may vary depending on the institution but typically include:
| Course Name | Description |
| Accounting | This course covers topics such as financial statement analysis, budgeting, and investment decisions. |
| Leadership and Organizational Behavior | This course covers topics such as leadership styles, motivation, communication, and team dynamics, with a focus on developing leadership skills. |
| Global Business | This course covers the challenges and opportunities of conducting business in a global environment, including cross-cultural communication, international trade, and global market analysis. |
| Economics | This course covers macro and microeconomic principles and their application to business decision-making. |
| Entrepreneurship and Innovation | This course covers the fundamentals of starting and running a business, including financing, marketing, and operations management, as well as innovation and entrepreneurship strategies. |
| Operations Management | This course covers topics such as supply chain management, inventory control, quality management, and process improvement, with a focus on managing business operations efficiently. |
| Business Ethics and Corporate Social Responsibility | This course explores the ethical and social responsibilities of businesses, including environmental sustainability and social justice. |
| Accounting and Financial Management | This course covers the fundamentals of financial accounting, managerial accounting, financial statement analysis, and financial management. |
| Marketing | This course teaches students how to identify customer needs, develop marketing strategies, and promote products or services. |
| Data Analysis and Decision Making | This course covers statistical analysis, data visualization, and decision-making techniques, with a focus on using data to make informed business decisions. |
| Organizational Behavior | This course covers topics such as leadership, team dynamics, and organizational culture. |
| Business Strategy | This course focuses on strategic planning, market analysis, and competitive advantage, and provides an understanding of how to develop and implement effective business strategies. |
| Information Technology | This course focuses on the role of technology in business and covers topics such as database management, network security, and e-commerce. |
| Marketing Management | This course covers marketing concepts, branding, pricing, product development, and market research, with a focus on developing marketing strategies. |
| Strategy and Management | This course teaches students how to develop and implement business strategies, analyze industry trends, and evaluate business opportunities. |
Overall, online MBA packages generally provide a complete curriculum that prepares college students for management roles in diverse industries.
(5).
Career in Online MBA Career
Having
an MBA degree can empower you to achieve career growth in an enhanced manner.
Online MBA programs transcend regional restrictions. They enable a student to
continue their studies at the university of their choice in another city or
nation without having to relocate. One doesn't really have to worry about
missing anything because the curriculum and teaching techniques of the
full-time MBA and Online MBA courses are the same.
The
Learning Management System is the best distinction, because it hosts classes,
tests, undertaking submissions, and takes a look at materials, tutorials, etc.
online (LMS). The maximum favored supervisor in cutting-edge commercial enterprise
surroundings is one who could critically think, reason logically, define
problems, create solutions, and put those solutions into practice. These are some of the fundamental
characteristics that are anticipated in a manager.
Let’s have a look at some of the job opportunities after completing an Online MBA course:
| Job Role | Description |
| Business Analyst | Business analysts paintings inside a corporation to assess present-day structures and increase strategic plans. This calls for deep information on each particular enterprise in addition to enterprise traits and conventions. |
| Operations Manager | Operations Managers oversee operational sports at each degree of an organization. Their responsibilities encompass hiring and educating personnel and dealing with fine warranty programs. An operations supervisor additionally strategizes technique upgrades to make sure every person completes their responsibilities on schedule. |
| Portfolio Manager | Portfolio managers are investment decision-makers. They devise and enforce funding techniques and approaches to satisfy consumer desires and constraints, constructed and manipulate portfolios, and make choices on what and whilst to shop for and promote investments. |
| Accountant | The term accountant refers to an expert who plays accounting features along with account analysis, auditing, or economic assertion analysis. Accountants paintings with accounting companies or inner account departments with big companies. They may also set up their own, individual practices. |
| Project Manager | Project control is the system of main the paintings of a group to reap all challenging dreams in the given constraints. This fact is generally defined in venture documentation, created at the start of the improvement process. |
| Financial Advisor | An economic marketing consultant allows human beings to create long-time period techniques for constructing wealth and dealing with risk. They will let you track, control, and stability your funding portfolio. They also can offer useful recommendations on masses of different economic troubles and decisions. |
| Human Resource Manager | Human sources managers plan, coordinate and direct the executive features of an organization. They oversee the recruiting, interviewing, and hiring of recent staff; visit pinnacle executives on strategic planning; and function as a hyperlink between an organization's control and its employees. |
(6).
Top Recruiters
A
number of multinational companies hire professionals with online MBA degrees in
various capacities. The job roles for an online MBA degree holder are similar
to that of a full-time MBA graduate. However, the salary of an online MBA
degree holder may be lower than that of a full-time MBA degree holder. There is
a perception in the industry that a full-time MBA course is better than an
online or distance MBA program.
So,
this leads to the difference in the salary component. The salary of a fresh MBA
graduate can be in the range of INR 5,00,000-6,00,000 per annum. Those already
working, can expect a considerable increment in their salary based on the
specialization that they chose during the online course.
Have a look at some of the top recruiters for online MBA degree holders:
| HP | Raymonds |
| Nestle | Amazon |
| Panasonic | Reliance Jio |
| HCL | Taj Group of Hotels |
| Puma | Canon |
| Flipkart | DHL |
| Snapdeal | ebay |
| Zomato | Grofers |
| Croma | NTPC |
| Future Group | Blue Star |
| ITC Hotels | GSK Pharma |
| Philips India | Havells Limited |
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