Kamaldeep
13 July, 2024
Table of Contents
To choose between an offline MBA and online MBA course can be a tough choice to make. There are several opportunities in both modes of learning and are equally lucrative to choose from. When students choose to pursue an online or distance MBA, they face quite a lot of doubts regarding the validity, credibility, and scope of the degree. It is generally preferred that the degree is recognised across India and abroad by colleges and recruiters so that applying for jobs is not a challenge. As a result, students may wonder if online mode is a good choice for pursuing an important degree like an MBA. So, let us understand better whether an Online MBA is valid abroad and how that validity is judged.</table class=”table mobile-table” style=”font-size:14px;”>
An online MBA degree is recognised abroad when there are certain factors present such as:
When you apply for your online MBA degree, check for recognitions awarded by globally recognised bodies such as:
UGC-DEB | University Grants Commission – Distance Education Bureau |
IACBE | International Accreditation Council for Business Education |
AACSB | Association to Advance Collegiate Schools of Business |
DEAC | Distance Education Accrediting Commission |
EQUIS | European Quality Improvement System |
AMBA | Association of MBAs |
NAAC | National Assessment and Accreditation Council |
AICTE | All India Council for Technical Education |
If the college has been recognised by these bodies for its online MBA degree, then its online MBA will be internationally recognized as well.
The curriculum or the structure of the academics should align with that of the international standards. This would majorly include the incorporation of:
International Business Laws
Global Case studies
Cross-cultural management
These factors will make the degree more comprehensive and help you get an insight into the global facts related to management.
There are several Indian colleges that have established ties with foreign universities. These ties are incredibly helpful in providing the gateway for dual degrees, exchange programmes, and collaborative research opportunities. Such features offered by the college also make your degree more widely recognised.
You must always check for the rankings and recognitions your desired college has been awarded with:
NIRF rankings
Ranking by the Financial Times
QS World University Rankings
These rankings are valid for MBA courses, making them globally recognised degrees.
College Name | Accreditation | Fee Structure |
Jain University | AICTE, UGC – DEB, WES, NAAC A++ | INR 40,000/- to INR 1,70,000/- |
Manipal University | UGC – DEB, AICTE, NAAC A+, ICAS, IQAS | INR 1,75,000 |
Lovely Professional University | WES, NAAC A++, UGC – DEB | INR 1,62,800 |
Amity University | WASC -USA, QAA-UK, AICTE, UGC – DEB | INR 1,95,000 |
Chandigarh University | UGC-DEB, NAAC A+ | INR 1,50,000 |
Here is a list of companies that accept online MBA degree graduates. The pay scale mentioned is subject to change according to the job role, designation, educational qualification and company location.
Company | Average PayScale |
Deloitte | INR 15,00,000 to INR 20,00,000 |
Bain and Company | INR 27,00,000 to INR 3,00,000 |
McKinsey | INR 39,00,000 to INR 40,00,000 |
Boston Consulting Group | INR 35,00,000 to INR 39,00,000 |
INR 1,00,00,000 to INR 20,000,000 |
Here is a list of high-paying job roles. The salary insights are subject to change and may differ according to the job profile, educational qualifications, and company location.
Job Role | Average PayScale |
General Manager | INR 36,00,000 to INR 40,00,000 |
Business Development Manager | INR 7,00,000 to INR 16,00,000 |
Project Manager | INR 17,00,000 to INR 20,00,000 |
Strategy Manager | INR 21,00,000 to INR 30,00,000 |
Marketing Manager | INR 12,00,000 to INR 15,00,000 |
Consulting Manager | INR 30,00,000 to INR 35,00,000 |
Operations Manager | INR 10,00,000 to INR 15,00,000 |
Definitely, an online degree is valid even abroad and therefore, you must explore the opportunities that come with it. However, apart from the accreditations and the recognition, it is also important to know that the candidate must have a strong and promising academic performance to ensure that the recruiter can rely on the qualifications before offering the job. Online MBAs have won recognition not just from international forums but also for their incredible features such as flexibility, time management, cost-effectiveness, and accessibility. The online mode has successfully delivered the degree and its knowledge to people across all geographical boundaries ensuring that locational barriers do not interfere with a student’s aspirations!
All the best!