Whether you are a graduate or a working professional, online MBA programmes provide various advantages. Online MBA is gaining a lot of popularity among professionals and fresh graduates, catering to the needs of learners with different backgrounds. However, many question that why pursue an online MBA degree? Is online MBA respected in the job market?
Reasons to Pursue an Online MBA Degree
If you ask such questions, we got your back. This article explores the key reasons why should someone enrol in an online MBA degree. This will also explore the online MBA advantages to help learners make an informed decision to enrol in the right programme.
7 Key Reasons to Pursue an Online MBA Degree
Online MBA has evolved beyond just a choice; it has become a strategic pathway for career advancement and growth. With greater flexibility, affordability, and access to global networks, online MBA courses empower students to balance their work, personal life, and studies seamlessly.
Key reasons to pursue an online MBA:
1. Flexibility
Online MBA programmes offer unparalleled flexibility to balance work and studies. Students can create schedules that fit their professional and personal commitments.
Flexibility to Balance Work and Studies
Particular
Traditional MBA
Online MBA
Learning Schedule
Fixed
Flexible
Work While Studying
Challenging
Easily possible
Course Duration
Fixed
Customisable
Location Constraints
On-campus only
Anywhere
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Online MBA programmes offer a cost-effective alternative to students to pursue advanced business education without incurring excessive expenses. Unlike traditional programme, online MBA saves on relocation costs and other expenses, making it affordable for students with different income backgrounds.
Programme Fee
Programme Type
Fees
Regular MBA
Rs 50,000 - Rs 25 lakhs
Online MBA
Rs 50,000 - Rs 5 lakhs
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Pursuing an online MBA course provides you with valuable networking opportunities. You will interact with fellow students, professors, and industry professionals, expanding your global business network. These connections are crucial for improving your managerial skills and providing access to international career opportunities.
4. Personalised Learning Experience
Online MBA programmes allow students to learn at their own pace, repeat sessions, and tailor their educational path based on strengths and weaknesses. This helps students gain learning that align with their career aspirantions.
Learning Aspect
Traditional MBA
Online MBA
Learning Pace
Fixed
Self-paced
Assessment Methods
Periodic exams
Quizzes, projects, live sessions
Support Systems
Office hours
Online forums, mentors, live chats
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An online MBA opens the door for several career opportunities in various industries. Gaining advanced business skills from an online MBA degree makes students a valuable asset in management roles. Whether you want to succeed in your current field or pursue a leadership position, the top online MBA programmes can help you reach your objectives.
Career Advancement Opportunities
Metric
Details
Promotion Opportunities
High
Salary Increase
20% – 40%
Leadership Roles Access
Expanded
Skill Recognition
Industry-specific
6. Diverse Specialisations
One of the major advantages of online MBA programmes is the variety of specialisations available. Whether you want to study international business, marketing, finance, or healthcare management, enrolling in an online MBA programme enables you to tailor your education to meet your professional goals. This choice of online MBA specialisations ensures that you gain expertise in your chosen field.
An online MBA provides the knowledge and skills needed to transition from a successful manager to a successful entrepreneur. During the course, you will encounter a variety of business situations, which will enable you to cultivate a strategic mindset. Working together with professors and peers can also provide valuable insight for starting your own company.
Popular Colleges Offering Online MBA
Several colleges in India offer an online MBA in different specialisations. Students must visit the official website of their chosen college and enrol in the best programme to fulfil their personal and professional goals. Here is a list of some of the top online MBA colleges in India.
Pursuing an online MBA is a significant move as it opens a wide range of opportunities in diverse management functions. The programme provides a blend of theoretical and practical knowledge, exposing students to real-world business practices. Thus, by gaining advanced management skills and industry exposure, online MBA graduates can become job-ready to thrive in today’s competitive job market.
Frequently Asked Questions (FAQs)
Q: Why should I do an online MBA?
A:
An online MBA is a sought-after management programme that offers greater flexibility, allowing students to balance work and study. Additionally, it provides access to a diverse range of specialisations to make a career in your desired field.
Q: What are the key benefits of online MBA?
A:
Some of the major online MBA benefits include flexibility, convenience, cost-effectiveness, an immersive learning environment, networking opportunities, and work-life balance with an online MBA.
Q: How do online MBA differ from regular MBA?
A:
Online MBA comes with a flexible learning environment, allowing students to study from anywhere and at their convenience. Regular MBA comes with a fixed schedule and classroom learning environment and students have to visit their college campus to attend lectures and exams.
Q: Can I pursue an online MBA while working full-time?
A:
Yes, online MBA programmes are designed to accommodate working professionals. The flexible schedule allows them to balance their job commitments with their studies. They can study at their own pace.
Q: How do online MBA programs work?
A:
Online MBA programs are delivered completely through digital mode via live lectures. Students can also access recorded sessions, e-books, and other web resources.
Both Bengal Institute of Business Studies (BIBS) and United World School of Business (UWSB) have strong placement records in Kolkata. with specific data suggesting BIBS has a slightly higher potential higher salary package. While the UWSB provides a higher placement rate.
With an NMAT score of 205, you have decent chances in good mid-tier MBA colleges.
You may get calls from NMIMS Hyderabad or Indore, but the Mumbai core is usually slightly higher.
Colleges like SDA Bocconi Asia Centre, BML Munjal, and IBS Hyderabad are realistic options.
Some reputed private B-schools may also consider you if sectional cutoffs are clear. Overall, 205 is a fair score that can lead to a solid MBA college with good planning.
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CAT does not restrict eligibility based on stream. Candidates from commerce, arts, science, engineering or any other background can appear for CAT and apply to MBA programmes offered by IIMs and other top B-schools.
The basic eligibility criteria for CAT are:
You must hold a bachelor’s degree in any discipline from a recognised university with at least 50 percent marks (45 percent for SC, ST and PwD categories). Final-year graduation students are also eligible to apply.
Being a commerce graduate can actually be an advantage in areas such as accounting, finance, economics and business studies, especially during MBA coursework in finance, marketing and operations.
After qualifying CAT, admission depends on multiple factors including CAT percentile, academic background, work experience (if any), performance in GD, WAT and personal interview rounds. Many IIMs and B-schools follow a diverse academic background policy, which means non-engineering candidates, including commerce graduates, often receive additional weightage.
Apart from IIMs, several reputed institutes such as FMS Delhi, SPJIMR Mumbai, MDI Gurgaon, IMT Ghaziabad, and many state and private universities also accept CAT scores for MBA admissions.
So, as a commerce graduate, you are fully eligible to appear for CAT and pursue an MBA, provided you meet the minimum academic requirements and perform well in the selection process.
If you want, I can also help you with realistic CAT percentile targets based on your academic profile or suggest suitable MBA colleges.
First-year MBA fees in India vary greatly, ranging from less than rupees one lakh for government/distance programs to rupees ten to twenty-five lakhs or more for elite private B-schools (such as ISB, IIMs, and XLRI). The majority of elite private institutions charge between rupees eight and twenty-five lakh for the entire two-year program, indicating that first-year expenses are substantial.
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Transferring mid-stream from an online MBA to an offline MBA is generally very difficult and rare, requiring a fresh application and usually withdrawal from your current program. You can apply for a new offline MBA after completing your online MBA or even while pursuing it (with caution), provided your current university is recognized.
