Is An Online MBA Degree Valid Abroad? 2024 Edition

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Kamaldeep

13 July, 2024

Is An Online MBA Degree Valid Abroad? 2024 Edition

Starting Off: An Introduction

To choose between an offline MBA and online MBA course can be a tough choice to make. There are several opportunities in both modes of learning and are equally lucrative to choose from. When students choose to pursue an online or distance MBA, they face quite a lot of doubts regarding the validity, credibility, and scope of the degree. It is generally preferred that the degree is recognised across India and abroad by colleges and recruiters so that applying for jobs is not a challenge. As a result, students may wonder if online mode is a good choice for pursuing an important degree like an MBA. So, let us understand better whether an Online MBA is valid abroad and how that validity is judged.</table class=”table mobile-table” style=”font-size:14px;”>

Factors That Count

An online MBA degree is recognised abroad when there are certain factors present such as:

A. Look out for the Accreditations:

When you apply for your online MBA degree, check for recognitions awarded by globally recognised bodies such as:

UGC-DEBUniversity Grants Commission – Distance Education Bureau
IACBEInternational Accreditation Council for Business Education
AACSBAssociation to Advance Collegiate Schools of Business
DEACDistance Education Accrediting Commission
EQUIS European Quality Improvement System
AMBAAssociation of MBAs
NAACNational Assessment and Accreditation Council
AICTEAll India Council for Technical Education

If the college has been recognised by these bodies for its online MBA degree, then its online MBA will be internationally recognized as well.

B. Curriculum:

The curriculum or the structure of the academics should align with that of the international standards. This would majorly include the incorporation of:

  • International Business Laws

  • Global Case studies

  • Cross-cultural management

These factors will make the degree more comprehensive and help you get an insight into the global facts related to management.

C. International Collaborations:

There are several Indian colleges that have established ties with foreign universities. These ties are incredibly helpful in providing the gateway for dual degrees, exchange programmes, and collaborative research opportunities. Such features offered by the college also make your degree more widely recognised.

D. Rankings and recognitions:

You must always check for the rankings and recognitions your desired college has been awarded with:

  • NIRF rankings

  • Ranking by the Financial Times

  • QS World University Rankings

These rankings are valid for MBA courses, making them globally recognised degrees.

Colleges in India that have globally recognised online MBA degrees:

College NameAccreditationFee Structure
Jain UniversityAICTE, UGC – DEB, WES, NAAC A++INR 40,000/- to INR 1,70,000/-
Manipal UniversityUGC – DEB, AICTE, NAAC A+, ICAS, IQASINR 1,75,000
Lovely Professional UniversityWES, NAAC A++, UGC – DEBINR 1,62,800
Amity UniversityWASC -USA, QAA-UK, AICTE, UGC – DEBINR 1,95,000
Chandigarh UniversityUGC-DEB, NAAC A+INR 1,50,000

Companies that accept online MBA graduates:

Here is a list of companies that accept online MBA degree graduates. The pay scale mentioned is subject to change according to the job role, designation, educational qualification and company location. 

Company Average PayScale
Deloitte INR 15,00,000 to INR 20,00,000
Bain and CompanyINR 27,00,000 to INR 3,00,000
McKinseyINR 39,00,000 to INR 40,00,000
Boston Consulting GroupINR 35,00,000 to INR 39,00,000
Google INR 1,00,00,000 to INR 20,000,000

High Paying Job Roles after an MBA degree:

Here is a list of high-paying job roles. The salary insights are subject to change and may differ according to the job profile, educational qualifications, and company location.

Job RoleAverage PayScale
General ManagerINR 36,00,000 to INR 40,00,000
Business Development Manager            INR 7,00,000 to INR 16,00,000
Project ManagerINR 17,00,000 to INR 20,00,000
Strategy ManagerINR 21,00,000 to INR 30,00,000 
Marketing Manager INR 12,00,000 to INR 15,00,000
Consulting Manager INR 30,00,000 to INR 35,00,000
Operations ManagerINR 10,00,000 to INR 15,00,000

Final Words: Conclusion

Definitely, an online degree is valid even abroad and therefore, you must explore the opportunities that come with it. However, apart from the accreditations and the recognition, it is also important to know that the candidate must have a strong and promising academic performance to ensure that the recruiter can rely on the qualifications before offering the job. Online MBAs have won recognition not just from international forums but also for their incredible features such as flexibility, time management, cost-effectiveness, and accessibility. The online mode has successfully delivered the degree and its knowledge to people across all geographical boundaries ensuring that locational barriers do not interfere with a student’s aspirations!

All the best!

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