How to Close the Skill Gap in MNCs? An Online MBA Advantage

How to Close the Skill Gap in MNCs? An Online MBA Advantage

#MBA
Arushi PanditaUpdated on 19 Jun 2025, 03:10 PM IST

Multinational companies (MNCs) continuously seek professionals with up-to-date industry knowledge and skills. This shift has made learning and upskilling essential for higher salaries and career advancement. An online MBA degree helps students bridge this skill gap by increasing academic and industry knowledge, thus enhancing employability.

How to Close the Skill Gap in MNCs? An Online MBA Advantage
How to Close the Skill Gap in MNCs? An Online MBA Advantage

Today’s workforce needs cross-functional skills such as data analytics, digital marketing, and leadership, beyond traditional academics. However, many lack access to structured training or cannot leave jobs for full-time study. Online MBA programmes address this gap, offering flexible, career-aligned education, and helping professionals excel in today’s dynamic work environments.

An online MBA degree equips students with real-world insights through case studies, live projects, and expert-led sessions. This management degree sharpens decision-making and problem-solving skills, preparing professionals to lead innovation across global business ecosystems. Upon completion of the online MBA programme, students can pursue careers as marketing managers, business analysts, and management consultants.

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How To Close the Skill Gap To Boost Your MNC Salary?

According to KPMG’s 2025 employment report, the company created 2.7 lakh jobs in 2024, compared to 1.9 lakhs in 2019, showcasing the rising MNC opportunities. However, employers now seek candidates with both academic and industry-relevant skills. The growing skill gap is affecting salaries and career growth. The following points highlight the ways to close this gap to boost your MNC salary:

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Identify Critical Skills Gap

The foundation of career and salary advancement in any multinational corporation begins with a thorough assessment of your current skill set against market demands and organisational needs. Comparing job descriptions or the role that you aspire to with your existing expertise helps you point out the technical, and soft-skill gaps that you lack that must be addressed to stay relevant and grow in an MNC environment.

Invest In Your Development

Making a strategic investment in your professional development is one of the effective ways to widen your skill gap and increase your earning potential within a multinational corporation. Enrolling in online degree courses or pursuing an online MBA programme, and attending industry workshops not only helps you upskill but also shows your commitment to learning and improving, making you a more valuable asset for the organisation.

Build Specialised Industry Expertise

Generic knowledge is not enough to close the skill gap. Focus on developing expertise designed for your specific industry including finance, IT, healthcare, or marketing. Online MBA specialisation increases your value and boosts your chances of promotion and pay hikes, helping you secure executive positions and higher compensation packages.

Embrace New Technologies

Since technology is constantly evolving, your drive to learn and adapt must grow alongside it. Familiarising yourself with tools and platforms relevant to your role such as data analytics, digital marketing, and artificial intelligence can significantly enhance your efficiency and decision-making. MNCs prefer tech-savvy professionals who can adapt quickly and help drive digital transformation within their teams.

Continuous Learning Is The Key

Learning does not stop after a degree or a job offer. Industries evolve, and grow, thus, staying updated is essential. Individuals must dedicate time regularly to learn, through books, courses, or networking. This mindset ensures long-term career growth and opens doors to better opportunities and salary increments in multinational settings.

Also Read: How an Online MBA Helps in Career Growth and Salary Hike

How Does Online MBA Support Skill Development in MNCs?

Online MBA courses are a great investment for skill development in multinational corporations, providing employees with comprehensive business knowledge while also maintaining their professional responsibilities. These programmes are specifically designed to address the complex challenges faced by industries, offering a curriculum that covers global business strategy, international finance, and digital transformation.

Not only strengthening management knowledge, online MBA programmes emphasise skills such as market analysis, multicultural team leadership, and branding, networking, which are essential for not only personal success but for success in the MNC environments. Additionally, exposure to different business practices and economic conditions prepares professionals to solve the complexities of business operations effectively internally and internationally.

Professionals enrolled in online MBA courses consider the degree highly valuable due to its flexible structure, global perspective, and practical learning approach. The cost-effective model integrated with access to expert faculty and practical case studies, makes online MBA a strategic step for those aiming to upskill, boost their salaries, and accelerate career growth in multinational corporations.

Also Read: How an Online MBA Helps Empower Women?

Closing the skill gap is key to success in multinational organisations. Online MBA programmes empower professionals with industry-relevant skills, leadership abilities, and global business knowledge without pausing their careers. As MNCs prioritise talent with both academic depth and practical expertise, MBA online courses help students transition easily within their careers, seek growth opportunities and gain access to higher salary potential.

Frequently Asked Questions (FAQs)

Q: Does online MBA increase salary?
A:

Online MBA enhances students' skills and qualifications, leading to better roles, promotions, and salary hikes, especially in dynamic MNC environments.

Q: Is online MBA as good as regular MBA?
A:

Online MBA courses offer flexibility, comparable knowledge, interactive learning, and flexibility, making them ideal than regular MBA.

Q: How to close the skill gap with an online MBA?
A:

An online MBA closes skill gaps by equipping students with leadership, digital tools, strategic thinking, and industry-relevant skills while allowing them to apply learning in real-time.

Q: Do online MBA courses have value in 2025?
A:

Online MBA courses have a greater value thanks to their flexibility, updated curriculum, and real-world application.

Q: Does MNC accept online MBA programs?
A:

MNCs do accept UGC-approved online MBA programs, especially when earned from reputed institutions with a strong curriculum and relevant industry exposure.

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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

Hello aspirant,

Here below I am providing you with the name of some of the best MBA colleges in Hyderabad:

  • Institute of Management Technology, Hyderabad
  • The Indian School of Business
  • The ICFAI Business School Hyderabad
  • Woxsen University
  • The Institute of Public Enterprise
  • GITAM Hyderabad Business School

To know about more colleges, you can visit our site through following link:

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-hyderabad

Thank you

Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.

For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.

If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:

1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.

2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.

3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.

4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.

5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.

6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.

Hello,

If you have made a mistake while entering your education details in KEA PGCET MBA option entry, you cannot edit it directly once it is submitted. You need to contact KEA immediately.

You can:

  • Call the KEA helpline numbers.

  • Or visit the KEA office with your documents.

They will guide you on how to correct the mistake. Do it quickly, as corrections are allowed only within the given time.

Hope it helps !