What is Online MBA?
Online MBA is similar to the traditional MBA. The only difference is that there is no need to visit the study centre. One can learn and do their study from wherever they want and with their comfortable timing through virtual learning class. Employers often prefer that their employees attend an online MBA program, it gives them freedom and flexibility to study and work at the same time.
While pursuing an online MBA, candidates will get mentors to guide and help you throughout the course. One can save relocation and accommodation costs that they need to pay if they are pursuing MBA from other universities or institutions.
An online MBA programme focuses on developing the necessary skills and knowledge for careers in the business sector. While doing an online MBA, candidates can learn more about the core aspect of business management, big picture thinking and strategic decision making.
Advantages of doing an Online M.B.A.
The MBA curriculum, faculty, and alumni communication systems of online programmes are run by top universities, at least, are compared to their on-campus counterparts. The same professors draw on the same curriculum as campus learning, and very little is lost in the quality of teaching and learning.
Critics of online formats say it loses what is happening on campus, with its face-to-face contact with classmates, academics and experts. However, most of the online programmes run by reputable universities close this gap through their “meet your category” events, conferences, job fairs, on-campus and overseas projects, and even “campus churches” to give students a taste of campus atmosphere.
Most online applications require a minimum of time (approximately 14-18 months) to complete. Online MBA programmes have flexible study schedules, with courses that allow students to watch live video lessons, answer questions, and join discussion forums with classmates anywhere in the world at any time. Online MBA is easy, especially for people who can stay up late or wake up with a lark. They just need a good computer and a reliable connection.
Another advantage of an online MBA is that applicants who would not be able to attend traditional, full-time programmes at higher MBA schools due to higher education cost can participate in the online format of these schools.
Types of Online MBA
A Master of Business Administration (MBA) is one of the most valuable degrees and there are various ways it can be earned. Now, the question is, how one can decide between different MBA types? There are several types of Online MBA based on the programme timeline.
Online MBA Eligibility
The basic eligibility to pursue an online MBA is graduation. The minimum aggregate may vary for different colleges.
There are some colleges also consider the scores of few MBA entrance exam such as, Xavier Aptitude Test (XAT), Common Admission Test (CAT), Management Aptitude Test (MAT), Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP), etc.
Candidates should have done their graduation in any discipline from a recognized university.
Those who are pursuing their final year of graduation are also eligible to apply for an online MBA.
The candidates belonging to General category (UR) should have secured at least 50 percent marks.
Those who belong to reserved category (SC/ ST) should have secured 45 percent marks in aggregate.
If someone having relevant work experience added advantage in it.
There is no age bar to apply for an online MBA
If any university or institute conducts an entrance test for an online MBA, then candidates need to qualify for the same.
Online MBA Admissions
One who has completed their graduation and willing to devote two more years to education then one can go for a full time MBA course. If they want to start working after graduation then in such a case pursuing an online MBA is the best option. There are many colleges who offer online MBA courses. Check the list of top online MBA colleges of India, their fees structure and offered courses.
Online MBA Colleges
NMIMS Global Access School for Continuing Education, Mumbai
Symbiosis Centre for Distance Learning, Noida
Post Graduate Diploma in Business Administration
Amity University Online, Noida
Symbiosis Centre for Distance Learning, Indore
Post Graduate Diploma in Human Resource Management
Great Lakes Institutes of Management, Chennai
Executive PG Programme in Management
Karnataka State Open University
Prin. LN Welingkar Institute of Management Development and Research- Online Distance Learning Centre
Post Graduate Diploma in Management- Hybrid Learning Programme
Rs 6.4 Lakh
Indian School of Business Management and Administration, Hyberabad
Rs 49, 900
ITM University Online
Venkateshwara Open University, Pune
Rs 62, 400
Top Online MBA Entrance Exams
Admission to Online Master’s of Business Administration (MBA) courses in many institutes will be done on the basis of the following entrance exam. However, it is not mandatory to take admission on the basis of entrance score, there are few colleges who only consider the graduation marks. Here are some popular entrance exams that take into consideration at the time of admission in an online MBA.
Xavier Aptitude Test (XAT)- Xavier Aptitude Test which is commonly known as XAT is a national level management entrance exam conducted by XLRI, Jamshedpur for admission to management programme. Those who want to pursue an online MBA can appear for XAT and can take admission on the basis of XAT scorecard.
Common Admission Test (CAT)- India's biggest management entrance exam is the Common Admission Test which is popularly known as CAT conducted by Indian Institute of Management (IIMs) on a rotational basis. There are many B-schools who consider CAT scorecards while offering admission into online MBA.
Management Aptitude Test (MAT)- All India Management Association (AIMA) conducts Management Aptitude Test (MAT) four times a year. It is a national level entrance exam conducted in the month of February, May, September and December. So, taking MAT is the best option before taking admission in an online MBA.
Symbiosis National Aptitude Test (SNAP)- It is a national level entrance exam conducted by the Symbiosis International (Deemed University) for admission into its offering management programmes. After taking SNAP entrance tests candidates can apply to those colleges who offer online MBA.
Common Management Admission Test (CMAT)- National Testing Agency (NTA) conducts CMAT annually to offer admission to management programmes. CMAT is an online (computer-based) entrance exam and it’s scorecard is valid for admission in an online MBA.
Online MBA Courses
When it comes to fulfilling the requirements of the growing world of business today, a MBA degree has become the basic requirements. A mid level professional or a fresher can pursue an online MBA which will help him or her to navigate their career in the job market and find some good opportunities. Online MBA course is offered in following formats
Post Graduate Diploma in Management (PGDM)
Master in Business Administration (MBA)
Post Graduate Programme (PGP)
Online MBA Specializations
Not all the B-schools offer MBA specialization, some of the colleges offers generalized programme and some offers concentration. If one is looking for Online MBA specializations, then there is a list of as many as more than 80 MBA specializations one can opt after the completion of course which match their career goals. Online MBA colleges offer various courses (PGP, MBA and PGDBM) with specialization in the following domains.
Human Resource Management: The primary responsibilities of HRM includes: organization and utilization of workforce, job analysis and staffing, implementation of reward systems for employees, measurement of workforce performance and maintenance of workforce.
Financial management: Their main objective is to review financial reports, preparing financial forecasts and monitoring accounts.
Advertising & Brand Management: Brand managers are concerned in improving product sales and market share. They monitor and oversee advertising and marketing trends.
Marketing Management: Their main responsibility is analyzing and tracking the performance of campaigns and managing the marketing budget.
Supply Chain Management: They are responsible for managing the company's overall supply chain and overseeing them.
Online MBA Syllabus
The online MBA is just like a regular MBA course, which is a two year programme and divided into four semesters. Check the semester-wise MBA subjects.
Online MBA Semester I Syllabus
Human Resource Management
Information Technology Management
Online MBA Semester II Syllabus
Organization Effectiveness and Change
Management of Information System
Economic Environment of Business
Online MBA Semester III Syllabus
Legal Environment of Business
Business Ethics & Corporate Social Responsibility
Online MBA Semester IV Syllabus
International Business Environment
Scope of Online MBA
As per 2016 stats of the Graduate Management Admission Council (GMAC), the majority of online MBA is 57 percent, reported as an increase in application as compared to 2015, that time it was 50 percent. Having an Online MBA degree can navigate one’s career in a new direction. Have a look at some of the job scope after completion of online MBA.
Specialization Wise Online MBA Scope
An increasing number of B-schools around the world are offering distance or online MBAs, so that aspirants can pursue it from wherever they are. After completion of Online MBA, candidates can go for the following specializations and apply for the following job roles.
Career Opportunities After Online MBA
Graduates of an online MBA programme have an opportunity to pursue different career paths. There are few common employment options including, finance, marketing, operations, accounting and management are the most sought career opportunities after completion of Online MBA.
Frequently Asked Question (FAQs) - Online MBA
Question: What is online MBA?
Basically, an online Masters in Business Administration (MBA) is a form of distance learning programme so that one can use e-learning to impart lessons.
Question: How much would it cost to complete an online MBA course?
IIMs offer such satellite-based MBA programmes, costing Rs 1 lakh to Rs 10 lakh.
Question: What are the eligibility criteria for online MBA?
Candidates should have done their graduation in any discipline to pursue online MBA.
Question: What entrance test needs to be taken for admission in an Online MBA programme?
Some colleges take into consideration scores of XAT, CAT, CMAT, MAT, SNAP etc for admission into online MBA.
Question: How is the programme structured?
The online MBA programme is delivered in sessions. There are two sessions, spring and summer semester. During each session two core courses and two electives will be offered.
Question: Does online MBA have any value?
Yes, If one is pursuing an online MBA through the right college. Some of the colleges offering online MBA in India are NMIMS University, Amity university, Welingkar Institute of Management and so on.
Question: How difficult is an online MBA?
Online MBA is not that much difficult as compared to regular MBA. Online MBA gives you a chance to balance your work and family responsibilities, while keeping your eye on your future.
Question: Procedure to apply for an online MBA programme?
While giving admission to Online MBA, some of the colleges take consideration scores of few MBA entrance exam such as Xavier Aptitude Test (XAT), Common Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP), Management Aptitude Test (MAT), etc.
Question: One year online MBA?
Those candidates who want an advanced education in business, they can consider a one year programme in MBA. Those who have completed their graduation can apply for one year's online MBA programme.
A one year online Master’s of Business Administration programme teaches about different aspects of business operations. Candidates will learn about management, economics, marketing and operations.
Question: Will online MBA increase my salary?
Yes, attaching an MBA degree in a job profile increases your salary. But, salary is all about what you are doing that is in demand right now. One you are in a job, your pay scale will be judged much more by how you are performing in your present job.