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Jagpreet
29 May, 2024
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We are dominated by technology from every direction. From online consultations with a doctor to shopping and studying online, digitalisation has significantly impacted our lifestyle. Now, you can choose to attend in-person classes or opt for a flexible study mode and continue with your other schedules. Although remote learning opportunities have existed for a long time, they only gained immense popularity after the pandemic-induced lockdown. The gradual upgradation of online education enhanced the quality of online courses, thereby ensuring their credibility in the job market.
The MBA is the most famous PG course for online degrees, and it witnesses a huge number of enrollments every year. As most of the aspiring MBA candidates are working professionals, quitting their jobs is taxing. For such candidates, pursuing an online MBA is an ideal choice. The challenge is to find the right college/university. India is home to many highly-ranked institutions offering Online MBA. ICFAI University is one such reputed university offering the desired programme. ICFAI online MBA degree is UGC-entitled for its high-quality academic content and student support.
If you’re a working professional considering an online MBA degree from ICFAI University, this blog is tailored just for you. We understand the unique challenges and aspirations of individuals like you, and we’re here to guide you through your journey.
Mr. N.J. Yasaswy founded the ICFAI Group in 1984 as a not-for-profit institution. Throughout its long history, ICFAI has developed high-end and innovative programmes to empower the future generation. Currently, ICFAI has 11 well-established universities across India in Jaipur, Hyderabad, Dehradun, Tripura, Jharkhand, Raipur, Himachal Pradesh, Sikkim, Mizoram, Meghalaya, and Nagaland. To make its academics relevant to current standards, the university encourages industry collaborations. Guest lectures by industry experts and seminars are an important part of ICFAI’s academic structure.
The group further extended its arms to the Centre for Distance and Online Education (CDOE) to offer programmes in online and distance mode. To make sure that no academic goals are left unchecked from your list, the CDOE provides an interdisciplinary perspective on its online/distance BBA and MBA degrees.
The ICFAI University online MBA is a two-year fully online programme. It is open to fresh graduates and working professionals who aim to set foot in their management careers. The learning system has been devised to promote the holistic growth of the learners in terms of theoretical and practical experiences. Its 70:20:10 learning model is a unique feature which bridges the gap between offline and online learning. According to this model, 70% of the focus is on job-oriented concepts, 20% on peer learning and 10% on theory.
With an updated curriculum, different electives to choose from and practical work courses, the programme offers an elaborative learning system for students or professionals, seeking to expand their career opportunities. The curriculum of the ICFAI online MBA programme uses contemporary technological tools to equip students with 21st-century skills. ICFAI has 4 decades of excellence in management education. Therefore, its multi-format content will give flexibility and quality both.
| Course Name | Online MBA Distance MBA |
| Course Duration | Min 2 years (can be extended upto 4 years) |
| Fee Structure | INR 2,00,000 (for online MBA) INR 80,000 (for distance MBA) |
| Study Mode | Online/self-paced |
| Exam Mode | Online |
| Industry Partners | Bajaj Capital HDFC bank ICICI bank Tech Mahindra CRISIL Kotak Securities |
| Accreditations and Rankings | UGC-DEB NAAC A++ ACU NIRF 40 Rank (management category) |
The ICFAI University’s online MBA programme integrates theory, practice-based world and real-world exposure. Let’s briefly discuss why the ICFAI online MBA is a good choice.
| Semester 1 | Management and Organisational Behaviour Business Analytics Foundations of Accounting and Finance Business Environment IT for Manager |
| Semester 2 | Economics for Business Operations Management Human Resource Management Marketing Management Business Communication |
| Semester 3 | Business Policy and Strategy International Business Leadership and Change Management Elective I Elective II Elective III |
| Semester 4 | Management Control Systems Business Ethics and Corporate Governance Elective IV Elective V Elective VI Entrepreneurship Practicum or Research Project |
| Elective Options | Semester 3 Financial Management Global Financial Markets Strategic Finance and Corporate Restructuring Wealth Management Services Management Strategic Marketing Management Sales and Distribution Management Recruitment, Training and Development Performance Management and Reward Systems SMACS Technologies for Business Services Operations Management Semester 4 Financial Services International Finance Fundamentals of Fintech International Marketing Retail Management Integrated Marketing Communications Strategic Human Resource Management Organisation Development Human Resources Planning and Audit HR Analytics Big Data, Cloud and Analytics Supply Chain Management |
To apply to the ICFAI University online MBA programme, you just fulfil the below-mentioned eligibility criteria:
For Online MBA
Bachelor’s degree in any discipline with 50% aggregate or above marks from a recognised university.
The graduation medium should be English
If you have completed your graduation from a medium other than English, you have to submit the IELTS/TOEFL/NELT scores.
Pass the selection process which consists of a micro-presentation and personal interview.
For Distance MBA
A graduate with 50% marks or above in any discipline from a recognised university
| Job Roles | Average Salary |
| Financial Advisor | INR 4.7 LPA |
| Marketing Manager | INR 12.2 LPA |
| Global Operations Manager | INR 20.5 LPA |
| Business Analyst | INR 9.6 LPA |
| Entrepreneur | INR 17.6 LPA |
| Marketing Manager | INR 12.2 LPA |
| IT Manager | INR 13.6 LPA |
| HR Manager | INR 10.9 LPA |
| Market Research Analyst | INR 4.3 LPA |
| Product Manager | INR 21.2 LPA |
| Project Manager | INR 17.3 LPA |
| Financial Consultant | INR 6.1 LPA |
In essence, ICFAI University’s Online MBA programme stands as a testament to the institution’s unwavering commitment to excellence, innovation, and the holistic development of its students, making it a standout choice for those aspiring to excel in the dynamic world of management.
Q1. Is ICFAI online MBA valid?
Yes, the ICFAI online MBA is valid and accepted in the employment sector since it is UGC-DEB recognised.
Q2. Is ICFAI distance MBA valid?
ICFAI’s distance and online MBA both are UGC-DEB approved which means they are valid in all spheres.
Q3. What are the eligibility criteria for the ICFAI Online MBA?
You must have completed your bachelor’s degree from a recognised university with 50% or above marks. Candidates from a medium other than English have to submit a TOEFL/NELT/IELTS score.
Q4. What is the fee structure for the ICFAI Online MBA?
The full course fee for the ICFAI online MBA is INR 2,00,000 whereas, for distance mode, it is INR 80,000.
Q5. What are the placements for ICFAI Online MBA?
ICFAI helps in building a student portfolio and provides career counselling services. It also has a strong industry network.
Q6. Are there any entrance exams required for the ICFAI Online MBA?
No, you don’t need to appear for any entrance exam to enrol in ICFAI online MBA degree.
