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Jagpreet
24 September, 2024
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Are you looking for an MBA programme in which you can balance both your professional and personal life? You can save time on your travels with online MBA courses. Thanks to the internet, online MBA courses can be your superpower. It not only saves you from geographical and financial constraints, but it also allows you to learn while you still earn. And that’s not even the best part. The most exciting part about pursuing an online MBA is that you can skip all those entrance examinations. That’s right! No more devoting long study hours to prepare for the CAT. The only cat you must worry about is the one purring in your lap. But is it all sunshine and daisies? Let’s find out!
Read: Top 10 Online MBA Colleges in India
Before we debate whether or not you should pursue an online MBA, it is essential to understand what an MBA, regardless of the mode, is all about and how it can help your career and make you Spider-Man!
Here are some of the top benefits of an MBA degree:
Skill Development Opportunities
Increased Earning Potential
Diverse Career Opportunities
Hands-on Experience in the Business World
Opportunity to Develop a Global Mindset
Access to an Extensive Alumni and Industry Network
Heightened Leadership Skills
Did you know that in September 2022, UGC rolled out a notification that put online degrees on par with regular ones? This is primarily because, in online learning, students get to study the same curriculum and receive the same support and facilities as in a regular MBA programme.
In fact, in addition to the general benefits, an online MBA degree course offers some more perks, such as:
Flexibility
Affordability
Convenience
Opportunities to Enhance Time Management and Organisational Skills
Enhanced Technical Acumen
Read: Why an Online MBA is a Game Changer for Professionals
The answer is simple—everyone! This versatile degree suits anyone seeking career growth, leadership development, business knowledge, or management acumen.
The reason is simple: Pursuing an online MBA is easy. You can study from anywhere, anytime, without worrying about missing out on anything. No matter your career aspirations, an MBA has something for everyone. Whether you want to make it big in the culinary world or start your own marketing firm, an online MBA shall equip you with all the skills and knowledge necessary to climb to the top of your career ladder.
The list of online MBA top specialisations is in the table below. The specialisations, however, vary depending on the college. You can choose a specialisation that suits you best according to your interests.
| Finance | Healthcare Management |
| Marketing | Business Analytics |
| Human Resource Management | Sustainability and Environmental Management |
| Operations Management | Entrepreneurship |
| Information Technology (IT) | International Business |
Choosing a specialisation is the most important step in your MBA career journey. Therefore, it is very important to consider certain factors while selecting a specialisation for your online MBA.
Let us quickly go through the list of popular online MBA specialisations and their career scope:
| Specialisation | Job Roles |
| Marketing | Marketing Manager, Brand Manager, Advertising Manager, Creative Director |
| Finance | Finance Manager, CFO, Investment Banker |
| Human Resource Management | HR Manager, Recruitment Manager, Employee Relations Manager |
| Operations | Operations Manager, Programme Manager, Director of Operations, Chief Operating Officer |
| IT | IT Director, IT Coordinator, System Administrator, MIS Director |
| Business Analytics | Business Intelligence Analyst, Operations Analyst, Project Manager |
| International Business | International Trade Specialist, International Business Development Manager, International Marketing Manager |
| Supply Chain Management | Production Manager, Purchasing Manager, Supply Chain Manager |
| Project Management | Project Manager, Director of Programme Management, Project Coordinator |
| Entrepreneurship | Entrepreneur, CEO, Businessman |
These are just a few of the many fantastic specialisation options available for an online MBA course. The choice of specialisation depends on:
Your Interests
Your Current Job Role
Your Educational Background
Your Future Ambitions
Before you finalise any specialisation, you must first identify the goals you want to achieve with an online MBA degree course. Whether you aim for career growth, transition into a different industry, or refine your skills, you choose the right specialisation only after you clearly understand what you want to accomplish.
Here is an example of online MBA coursework for two years; this has a total of 4 semesters. Please note that the syllabus may vary based on each university.
| Semester 1 | Semester 2 |
| Accounting for Managers | Business Research Methods |
| Marketing Management | Financial Management |
| Managerial Economics | Human Resource Management |
| Statistics for Management | Conflict Resolution and Management |
| Professional Communication | Legal Aspects of Business |
| Semester 3 | Semester 4 |
| Professional Ethics | Management in Actioissuesial Digital Marketing Specialisations |
| Strategic Management | Economic and Ethical Issues |
| Minor Project | Major Project |
Your college matters. Your academic experience, future career opportunities, and the overall value of your degree all depend on the college to which you wish to pursue your education. The choice of college depends on the following:
Your Interests
Career Goals
Budget
Curriculum
Facilities Offered
Accreditations & Recognition
Check out the list of top colleges offering online MBAs.
| University | Total Fee | Recognition/Accreditation |
| XLRI (PGDM) | INR 13.9 lakhs | AICTE AIU AACSB AMBA EFMD NIRF 9 (Management) |
| S.P. Jain Institute of Management & Research
(PGDM) |
INR 10 lakh | UGC AICTE NNAC A NIRF 20 (Management) |
| Indian Institute of Foreign Trade | INR 7–12 lakhs (Depending Upon Specialisation) | AACSB, NAAC A NIRF 15 (Management) |
| Amity University | INR 1.9 lakhs | UGC AICTE ACU NAAC A+ NIRF 29 (Management) |
| Great Lakes Institute of Management
(PGDM) |
INR 3.7 lakhs | AICTE AACSB AMBA SAQS NIRF 34 (Management) |
| Chandigarh University | INR 2 lakhs | UGC NAAC A+ NIRF 36 (Management) |
| Institute of Management Technology, Ghaziabad (PGDM) | INR 1.6 lakhs | AICTE AACSB AIU NBA NIRF 35 (Management) |
| UPES | INR 1.5-1.9 lakhs (Depending Upon Specialisation) | UGC-DEB NAAC A NIRF 41 (Management) |
| ICFAI Foundation for Higher Education | INR 2 lakhs | AICTE AACSB SAQS NAAC A++ NIRF 39 (Management) |
| Online Manipal University | INR 1.75 lakhs | UGC AICTE ACU WES NAAC A+ NIRF 73 (Management) |
Related: Top 10 Online MBA Degree Colleges in India
What career options are available after earning an MBA? MBA is very profitable for people who want to work in management, finance, and the corporate world. MBA offers many specialisations, and you may get the best career opportunities.
Following are some of the top job roles after an MBA, along with their average salary range:
| Job Roles | Average Salary Range (INR) |
| Accounting Manager | 8.6 LPA – 25 LPA |
| Brand Manager | 7.9 LPA – 25 LPA |
| Operations Manager | 5.6 LPA- 30 LPA |
| Staffing Director | 7.8 LPA – 30 LPA |
| Project Manager | 17.2 LPA – 30 LPA |
| Logistic Manager | 9.8 LPA – 25 LPA |
| Financial Analyst | 5.9 LPA – 25 LPA |
| Policy Analyst | 7 LPA – 30 LPA |
| Talent Acquisition Manager | 13.3 LPA – 35 LPA |
| Hospital Administrator | 6.8 LPA- 20 LPA |
MBA not only gives you an upper edge over others but also equips you with the right skills. These skills are not merely for adding to your resume but are also highly appreciated in the workplace.
| Soft Skills | Technical Skills |
| Time Management | Data Analysis |
| Self Discipline | Entrepreneurship Skills |
| Virtual Teamwork | Project Management |
| Critical Thinking | Financial Management |
| Adaptability | Technical Writing |
You can access dedicated career coaches and expert guidance for job placements.
Regular training sessions and workshops to boost your resume, interview, and networking skills.
There are exclusive job portals that offer diverse job opportunities.
Personalised job recommendations and preferences based on your expertise.
Placement assistance that ensures successful career transitions post-MBA.
Enjoy internship opportunities with top organisations.
Professional help in crafting a standout CV and preparing for interviews.
Here is a top recruiter table for online MBA passouts.
| ICICI Bank | JP Morgan Chase |
| Microsoft | |
| TCS | EY |
| Flipkart | Amazon |
| Bharti Airtel | PwC |
Read: How to Finance Your Online MBA Education
As they say, “There’s no right time for education.” Likewise, you can opt for an online MBA course whenever you feel like it. An online MBA programme offers multiple benefits, including flexibility, career advancement, affordability, comfort, etc.
The following are the things that you can take into consideration:
Balancing studies along with full-time work is challenging at times. But thanks to the online MBA course, we get the flexibility and time we need to maintain a smooth balance between the two.
It varies from person to person according to each individual’s personal choices and preferences. You must first decide what you want to achieve from your MBA and choose the right time to pursue it.
The eligibility criteria vary from college to college. However, the basic requirements are:
A bachelor’s degree from a recognised university or college with an aggregate of 50% marks.
Some programmes may ask for work experience ranging from one to five years.
You may require scores on the GMAT, GRE, or CAT.
Many universities conduct exams of their own.
An online MBA course is not just a degree but a guiding light towards career advancement. With the help of this degree, you get hands-on experience even before landing a job, which may help you later in your actual job roles and responsibilities. You can achieve your dream job by sitting at home and not commuting daily to college. Online MBA programmes are specially designed for you if you reside in a remote location. So take advantage of the online MBA courses mentioned in the blog and start your business journey now!
An online MBA is a postgraduate management programme that prepares students to manage various business operations by equipping them with the right knowledge and skills.
The standard duration for an online MBA is two years. However, certain universities, such as the O.P. Jindal Global University, also offer a one year online MBA programme. Furthermore, certain universities also provide the option to extend the course for up to 4 years.
It depends on what institute you choose to go to. If you pursue an online MBA from a university which is recognised and accredited by reputed national and international bodies such as UGC DEB, WES, AICTE, EOCCS, etc.; then your degree may be well-received by employers.
Online MBA enjoys a great scope as organisations all around the world are on a hunt for individuals with an online MBA degree. This is primarily because individuals who can balance an online course with their jobs are perceived to be better at organisation and time management.
Certain IIMs, such as IIM Ahmedabad, IIM Udaipur, IIM Raipur, etc., do offer an online MBA programme.
It is optional to have work experience to pursue an online MBA. However, certain universities may ask the student to hold some work experience in a relevant field. It is always better to check the official website of your preferred institute.
The online MBA degree enjoys the same recognition as a regular MBA. It is widely accepted across the government as well as the private sector.
