Online MBA, a two-year postgraduate programme, stands out as a popular degree, especially designed for professionals who wish to enhance their credentials and knowledge. It offers the same rigorous curriculum as in on-campus programmes and the only goal is to provide their learners with all aspects of business administration at their doorsteps while honing their niche skills. It helps candidates rise to managerial-level positions across various sectors. The online mode of pursuing an MBA degree is gaining huge popularity owing to the benefits it offers.
As an online MBA student, you will enjoy the following benefits along with quality education:
Affordability: As compared to regular programmes, online courses have a low fee structure. Moreover, you do not have to spend money on travelling or relocation and earning while studying will be less taxing financially. Most of the online programmes offered by universities provide various financial assistance as well such as financial aid and EMI facility.
Flexibility: Online MBA programmes grant their learners freedom to pursue education irrespective of the place and time. Students can learn and access materials, resources, and lectures from anywhere with the help of an Internet connection. This flexibility is particularly beneficial for working professionals, as they can balance their job commitments without the need to quit.
Networking: The online mode opens up a chance to expand their corporate network and learn from various industry experts on a global scale. Students can also showcase their skills and connect with a vast network of MBA learners, both online and offline. This provides you with many career prospects by interacting with professionals, alumni and academicians.
Self-paced and Personalised Learning: The beauty of online MBA programmes lies in the adaptability of learning pace. This personalised learning experience mimics one-to-one instruction, treating every learner as essential. This also helps learners to create their own schedules and track their progress, thus learning at their own pace.
To pursue an online MBA degree, it is necessary to look into the eligibility criteria before considering any institution. Please note that the eligibility is different for different universities and specialisations; therefore, below is a general criteria required to enrol in an online MBA course:
Educational Criteria: Students must have a bachelor’s degree or other equivalent degree in any field from a recognised university. Students must hold a minimum of 50% (45% for reserved categories) aggregate score.
Entrance exams: Even though most universities do not require students to appear for an entrance exam in the case of an online MBA, some may require it. Some of the popular entrance exams considered by institutions for online MBAs are XAT, CAT, MAT, CMAT, SNAP, and other management entrance examinations. Apart from this, personal interviews may also be conducted in certain institutes.
Entrance exams: Additional Considerations: There is no age limit for enrolling in an online MBA course. If a candidate has relevant work experience, it will be a great advantage. Students studying in the final year of graduation are also eligible to apply for the online MBA Programme. Some colleges expect you to have 2-3 years of work experience for an online MBA course.
The admission process for Online MBA course may vary from one university to other. But there is an advantage, the entire admission process would be simple if you choose a specific specialisation.
Choosing the right specialisation in an MBA programme is crucial, as it significantly impacts your career path and professional growth. Where a general MBA course gives you an overall view of the business world, choosing a niche to specialise in gives you a career edge over others.
Here are some of the main points that make you understand how selecting the right specialisation impacts your life as well as your future:
Specific Interests:
If you have a keen interest in a particular field where you can implement skills and which can contribute to your career growth, then you are blessed. Just do research on where the specialisation would be taught well and choose the right university.
Engaging Network:
Your network will be the most valuable asset in the future. Therefore, while picking any specialisation, take into consideration the networking opportunities that the said specialisation will bring your way.
Specific Practical Skills:
Most companies require candidates who have the ability to work with specific skills that the company needs. Having a practical skill in a particular niche provides you with an with an overall understanding of the job roles and enables you to give quality output to meet the expectations of the company.
Futuristic Decisions:
It is always necessary to analyse whether the skills will last long for years in the coming future. Everyone has the generic knowledge, but only a few have niche skills and are actually subject matter experts in that particular discipline. This proves to be highly beneficial in the long term.
The course structure and subjects taugt is different in every university and varies as per the specialisation you will choose. Here is general syllabus followed by maximum institutions:
The successful completion of the Online MBA course opens gateway to multiple opportunities in various sectors. We have mentioned some of the best career prospects you can explore after pursuing the online MBA:
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