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Jagpreet
30 May, 2024
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Do you love Spiderman? Do you love how he was able to work at a Pizza parlour, do all the superhero things and somehow dodge his landlord- all at the same time? Does it make you jealous? We know that it must be hard for you to maintain that perfect work-study balance while still living your best life. But guess what?
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 interesting 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 have to worry about is the one purring in your lap.
But is it really all sunshine and daisies? Let’s find out!
Before we jump onto debating whether or not you should go for an Online MBA, it is first important to understand what an MBA, irrespective of the mode, is all about and how it can help your career and make you Spiderman!
Here are some of the top benefits of an MBA degree:
Did you know that in September 2022, UGC rolled out a notification which had put Online degrees at par with regular ones! This is primarily due to the fact that in online learning, students get to study the same curriculum and receive all the same support & 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:
The answer is simple- everyone! Everyone who is looking for career growth, leadership development, acquiring business knowledge or strengthening management acumen can go for this versatile degree.
The reason is simple- Pursuing an Online MBA is easy. You can study from anywhere, anytime without having to worry 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 will equip you with all the right skills and knowledge necessary to climb to the top of your career ladder.
Choosing a specialisation is the most important step in your MBA career journey. Therefore, it is very important to take into consideration certain important 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, Employees Relations Manager |
| Operations | Operations Manager, Program 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 Program Management, Project Coordinator |
| Entrepreneurship | Entrepreneur, CEO, Businessman |
These are just a few of the many amazing specialisation options available to you for an Online MBA course. The choice of specialisation depends on:
Before you move on to finalise any specialisation, you must first identify the goals you want to achieve with an Online MBA degree course. Whether you are aiming for career growth, looking to transition into a different industry or want to refine your skills. Only after you have a clear picture of what you want to accomplish can you choose the right specialisation.
| 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 Action – Social 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, everything depends on the college you wish to pursue your education from. The choice of college depends on:
| University | Total Fee |
| XLRI (PGDM) | INR 14,00,000 |
| S.P. Jain Institute of Management & Research (PGDM) |
INR 10,00,000 |
| Indian Institute of Foreign Trade | INR 7,50,000 |
| Amity University | INR 1,79,000 |
| Great Lakes Institute of Management (PGDM) |
INR 3,50,000 |
| Chandigarh University | INR 2,00,000 |
| Institute of Management Technology, Ghaziabad (PGDM) | INR 1,25,000 |
| UPES | INR 1,50,000- 1,99,000 (Depending Upon Specialisation) |
| ICFAI Foundation for Higher Education | INR 2,00,000 |
| Manipal University | INR 1,75,000 |
Related: Top 10 Online MBA Degree Colleges in India
Thinking about what career options are available after earning an MBA? MBA is a very profitable deal for people who want to work in the fields of management, finance, and the corporate world.
MBA offers a wide range of specialisations and along with that, you get the best career opportunities.
Following are some of the top job roles after an MBA along with their average salary:
| Job Roles | Average Salary (INR) |
| Accounting Manager | 8.6 LPA |
| Brand Manager | 17.9 LPA |
| Operations Manager | 5.6 LPA |
| Staffing Director | 17.8 LPA |
| Project Manager | 17.2 LPA |
| Logistic Manager | 9.8 LPA |
| Financial Analyst | 5.9 LPA |
| Policy Analyst | 7 LPA |
| Talent Acquisition Manager | 13.3 LPA |
| Hospital Administrator | 6.8 LPA |
Source: AmbitionBox
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 |
As they say, “There’s no right time for education.” Likewise, you can anytime opt for an Online MBA course whenever you feel like it. An online MBA programme offers you multiple benefits, including flexibility, career advancement, affordability, comfort, etc.
The following are the things that you can take into consideration:
The eligibility criteria vary from college to college. However, the basic requirements are:
An online MBA course is not just a degree but it serves as a guiding light towards career advancement. With the help of this degree, you get hands-on experience even before landing a job which will help you later in your actual job roles and responsibilities.
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 2 years. However, certain universities such as the O.P. Jindal Global University also offers 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 for. 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 will 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 due to the fact that individuals who are able to 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 not necessary to hold work experience for pursuing 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 at 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.
