Programmes that keep you ahead
Online MBA Courses
Duration : 2 Years (can be extended to 4 Years) | INR 60,000 to INR 4,00,000
About Online MBA Courses
Online MBA is ‘the next big thing’. Well, it is already a ‘big thing’ in today’s world. It has been there for a very long time, though its popularity has witnessed an immense growth in the past few years only. Advanced technology, the desire for more flexibility and convenience paved the way for a changed teaching pedagogy for business education. This coupled with the modern developments in the business world impacted the number of students opting for post-graduate courses. And the maximum enrollment has been in online MBA courses as these programmes are better at replicating the current management scenario where business professionals are expected to liaise with teams across the globe.
Although the number of candidates choosing an MBA isn’t new, the change in the learning environment and flexibility brought by digitisation has expanded its range. Working professionals no longer need to pause their career for academic goals, because you can learn and work simultaneously. This is what attracted more candidates to the online MBA road.
In this article let’s get to the details of online MBA courses and discuss the eligibility, fees, benefits, career opportunities, and top colleges where you can pursue an online MBA.
Step 1: Register on the official site of the university and receive your login credentials.
Step 2: Start filling the application form and fill in all the necessary details.
Step 3: Upload the required documents including your passport-size photograph.
Step 4: Submit the registration and academic fee to hold your seat.
Step 5: Once you have completed all the formalities, the university will verify your documents.
Step 6: Finally, you will receive the confirmation letter from your institution.
- 10th and 12th Marksheet and Degree
- Aadhar Card or any other ID Proof
- Passport-Size Photographs
- To bring more affordability to online learning, institutions offer several scholarship opportunities for candidates. Depending upon the institution, you can avail scholarships based on your previous academic scores, entrance marks (if given), or for being an early applicant. In addition to this, there is a facility of paying through monthly EMIs as well.
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Importance of Choosing the Right MBA Specialisation
An online MBA degree is considered to be a game changer if you want to enter the corporate world. Apparently, the name itself does not make it special but the specialisation does.
Your MBA specialisation is going to stay with you for a lifetime and will direct your career path. Here are the things that you should take into account while choosing a specialisation:
Wide Range of Specialisations Offered:
Though there are many other specialisations, these were some of the widely chosen options.
Subjects and Syllabus
|Semester 1||Semester 2|
|Quantitative Methods||Operations Management|
|Organisational Behaviour||Financial Management|
|IT Management||Marketing Research|
|Human Resource Management||Management Science|
|Business Communication||Management Accounting|
|Financial Accounting||Organisation Effectiveness and Change|
|Managerial Economics||Information System Management|
|Semester 3||Semester 4|
|Legal Aspects of Business||International Business|
|Strategic Management||Economic and Ethical Issues|
|Business Ethics and CSR||Major Project|
|Elective Course||Elective Course|
Eligibility Criteria & Entrance Exams
Note: This is a generic criteria because it varies as per universities.
|Specialisation||Career Opportunities||Average Salary|
|Finance and Accounting Management||Finance Manager, Accounting Manager, Corporate Finance Manager, Banker, Loan Officer, etc.||INR 13.2 LPA|
|Human Resource Management||HR Manager, Staffing Director, Technical Recruiter, Executive Recruiter, HR Consultant, etc.||INR 12 LPA|
|IT Management||Programme Manager, IT Director, Technical Lead, Senior Developer, Analytics Manager, etc.||INR 13.5 LPA|
|Marketing Management||Sales Manager, Marketing Manager, Business Development Executive, Marketing Executive, Social Media Executive, etc.||INR 12 LPA|
|Retail Management||Retail Manager, Customer Service Representative, Visual Merchandiser, Leadership Development Associate, Pharmacy Technician, etc.||INR 8 LPA|
|Hospitality Management||Hotel Manager, Restaurant Manager, Event Coordinator, Resort Manager, Executive Chef, Housekeeping Manager, Chief Sommelier, etc.||INR 4.8 LPA|
|Internationational Business||Global Project Manager, Regulatory Affairs Manager, Risk Manager, Investment Banker, Exports Manager, International Marketing Manager, etc.||INR 16 LPA|
|Operations Management||Supply Chain Manager, Logistics Manager, Operations Manager, Manufacturing Consulting Managers, Plant Manager, etc.||INR 10.2 LPA|
|Healthcare Management||Hospital Administrator, Pharmaceutical Project Manager, Health Informatics Manager, etc.||INR 8 LPA|
|Event Management||Conference Centre Manager, Event Manager, Public House Manager, Restaurant Manager, Hotel Manager, etc.||INR 4.3 LPA|
|Project Management||Project Manager, Program Manager, Scrum Manager, Project Portfolio Manager, Project Consultant, Project Head, etc.||INR 16.9 LPA|
Source of Salaries: AmbitionBox
Top online MBA Courses
NIRF – 101-150 (University Category)
|INR 1,00,000 – 6,00,000 (full course)|
|Jain University||UGC |
NIRF – 68 (University Category)
|INR 1,50,000 – 2,60,000 (full course)|
|Symbiosis International University||UGC |
NIRF – 59 (Overall)
|INR 3,00,000 (full course)|
|Amity University||NAAC A +|
UGC – DEB
NIRF – 22 (Overall)
|INR 1,61,000 (full course)|
|Chandigarh University||NAAC A+ |
UGC – DEB
NIRF – 45th (Overall)
|INR 2,00,000 (full course)|
NIRF- 79 (Overall Category)
|INR 1,50,000 – 2,00,000 (full course)|
|Dr DY Patil Vidyapeeth, Pune||NAAC A+ |
UGC – DEB
NIRF – 81 (Overall)
|INR 1,40,000 (full course)|
|Uttaranchal University||NAAC A+ |
UGC – DEB
|INR 68,000 (full course)|
|ICFAI Foundation for Higher Education, Hyderabad||NAAC A+ |
UGC – DEB
|INR 2,00,000 (full course)|
A Step Above the Competition
Why Pursue an Online MBA Course?
With the rising demand for a flexible format of education, the gap between online education and classroom teaching has diminished. If you are still worried about the credibility and why to pursue an online MBA, you must consider the countless benefits it stores for you.
1. Affordability that Suits Your Pocket
Upskilling on a budget is what most of the candidates need. The cost of online MBA courses is less compared to traditional on-campus courses. Moreover, you can save the travel and accommodation costs in online learning.
2. Flexible like a Band
The flexibility of online learning is the primary reason a high percentage of students choose online MBA. Some of the institutions conduct online classes on weekends whereas some have self-paced learning formats.
3. Diversity at Your Doorstep
As there are no geographical boundaries, your virtual class may have students from across the globe. Thriving in a diverse set-up prepares you for the challenges at the workplace and provides a base to expand your overall perspective when you share experiences with professionals from different areas.
4. Easy Way to Switch Career
For those intending to transition into a new career path, an online MBA is the answer for you. Pursuing an online MBA facilitates a smoother career transition by pursuing the specialisation of your interest.
5. Salary Hike
When you pursue an online MBA, you continue to work and add years to your work experience. On top of this, by acquiring an online MBA qualification, you become a skilled professional with experience and qualification which makes you eligible for high package jobs compared to others.
Who can Benefit from Online MBA Courses?
The purpose of online learning is to expand the scope of education so anyone and everyone can benefit from an online MBA. However, the convenience factor is especially advantageous for candidates with busy schedules or working professionals who have several other responsibilities to fulfil.
An online MBA is a way to accelerate your growth. You will see many professionals with more than five years of experience who are facing stagnant growth in their careers pursue this degree. At such a stance, an online MBA degree acts as an eligibility criterion to assume a management position.
Furthermore, if you are a fresh graduate with no job, an online MBA will not be much beneficial. On the contrary, getting a job and simultaneously pursuing an online degree will be more advantageous. This way, you can increase your work experience as well as get an MBA degree. Apart from this, an online MBA course is beneficial for working mothers who are already tied up with responsibilities.
|Course Name||Online MBA|
|Duration||2 Years and can be extended up to 4 Years|
|Mode of Learning||Online|
|Fee Structure||INR 60,000 to INR 4,00,000|
|Average Salary Offered||INR 10 LPA|
|Employment Roles||Marketing Manager, HR Manager, Operations Manager, Business Analytics Manager, Project Manager, Supply Chain & Logistics Manager, etc.|
FAQ’s - Let's Clear Some Doubts
Read on to find out the answers to all of your questions
Pursuing an online MBA is completely worth it. Students can learn from the comfort of their homes.
Yes, an online MBA programme is accepted well in the job market. Many renowned organisations including global fortune companies are looking for MBA graduates who have studied through the online mode. Some of the organisations that hire from online MBA degrees are Google, Accenture, HCL, TCS, etc.
An online MBA degree is just like a regular course. The universities offer many services that can make your learning easy. Having said that, if the students study, then it is not tough but if he has no intent to devote time then it is going to be tough.
In India, the fee for an online MBA programme ranges between INR 50,000 to INR 4,00,000. In this amount students get all the benefits that any regular student would but the only thing is that they can do it from the comfort of their homes.
In September, 2020 the UGC announced that online and distance courses have equal value as that of a regular degree. Hence, all the recruiters that hire in placement drives also hire students who have graduated from an online mode of education. Therefore, we can safely say that the opportunities are endless.
Many universities have partnered with renowned organisations to give students the opportunity for placement as well as internship.