Online MBA




    Online MBA Courses

    The Online MBA (Master of Business Administration) course is a 2 year long postgraduate program. It is one of the most widely sought-after postgraduate degrees nowadays and provides abundant opportunities for jobs across multiple sectors. With this online course, you can get management-level jobs in various sectors. The Online MBA degree allows you to try your hand at trending specializations in your chosen opportunity without having to quit your current job. Gain a competitive edge in this ever-changing business industry with an MBA program that provides in-depth knowledge of management concepts.

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    Online MBA is one of the courses that students can opt for after graduation to climb up higher in career management. This online course is like a career booster for the student since it gives him the skills needed for the management discipline. In India, the MBA program is available in three modes – Regular mode, Distance Learning mode, and Online mode. An Online mode MBA degree is currently gaining popularity with the increasing number of advantages that it brings like you can take up a job while simultaneously pursuing your degree. This enables you to gain a competitive advantage over others who just have the degree and no field experience as field experience has significant value when it comes to an MBA.

    At some institutes like IIMs, you have to apply to and clear entrance exams like CAT, XAT, MAT, SNAP, GMAT, and institution-specific exams in order to be admitted to their online MBA program. On the other hand, entrance is free in most acclaimed universities for this program. The completion of the online MBA course at the fee range of Rs. 2-20 lakh per annum adds affordability to the flexible learning.

    Online MBA Highlights

    To provide you with a summary of an online MBA program, its fees, eligibility criteria, admission process, course curriculum, and career opportunities, all have been listed in the table below:

    Why Online MBA Courses?

    The MBA course online is concerned with all areas of business management. This course equips the student with business savvy, for instance – how to manage a business. How the business will be organized? What strategies are available for starting a business? e.g. Graduates from an MBA online course can seek employment in any job position like Business Administrator, Business Analyst, Digital Marketing Manager, etc. in any company. Students even have the chance to start their own business after a successful Online Master of Business Administration.

    Many MBA online colleges in India deliver the best online learning experience. MBA is a suitable course for students, who want to learn at their own pace, have an opportunity to self-study, and cannot relocate besides, pursuing further education along with a job. The fee of an online MBA is somewhat more affordable than the traditional MBA programs.

    The MBA course online has varied fields of specialization to choose from. These specializations are specific to the current job opportunities and industry trends. The student will have a chance to pick a course in line with their interest. An online MBA Program can shore up your career and afford you career opportunities in many dynamic fields.

    Who Should Pursue An Online MBA Course?

    Online MBA courses are only suitable for many people, but some categories have more gains from this program.

    When to Do an MBA Online Program?

    An online MBA is a postgraduate professional program that is open to candidates of any age. Below are the situations where an online MBA will work best for your career.

    Online MBA Courses Eligibility 2024

    Any graduate in any stream can enroll in an Online MBA Program.

    Online MBA Duration

    The minimum time for the online MBA is 2 years and the maximum duration may be 4 years. There is an extension of 2 years provided to them so that they can complete all exams of their degree program. The 2-year program consists of four semesters of 6 months each.

    Is an Entrance Exam Conducted For MBA Courses Online?

    Online Master of Business Administration (MBA) is offered by most universities without any entrance exam. However, some of them like IIMs and government institutions demand a good score in the national-level common entrance exams listed below:

    Recommended Books for Online MBA Entrance Exams 2024

    To prepare for an entrance exam, you can read the following books that have been rated best in 2024.

    Online MBA Course Subjects/Syllabus 2024

    The MBA online course is divided into 4 semesters. The curriculum of an online MBA has the main subjects and the highlighted topics which are different as per specialization. The first two semesters deal with the basics while in the third and fourth semesters, the students have to opt for elective subjects as per their specializations.

    Alongside the core topics, you will put an effort into certain Industry Projects depending on your specialization to create a bridge between your theoretical and practical knowledge.

    Top Specializations of Online MBA Courses In 2024

    Here is a list of the in-demand online Master of Business Administration (MBA) course specializations in 2024:

    Online MBA Courses Admission Procedure 2024

    Online MBA Courses Academic Fees In 2024

    Learning Jockey allows you to get the fee idea of the majority of universities that are offering online courses. Thus, you need to provide your basic information and course requirements and then you can find online MBA programs provided by a greater number of universities.

    Domestic Fees for MBA Online Courses

    The online MBA course fee for domestic students is as low as INR 30,000 and as high as INR 3,00,000. The academic fee of the course also varies according to the type of university, for example, if you take your online Master of Business Administration (MBA) degree from a government college, the fee will be around INR 30,000 -INR 80,000 whereas, if you go for a private management institute, then the fee will be around INR 2,00,000

    International Fees for MBA Online Courses

    Regarding international applicants, online MBA starts form $1,000 which is also changeable and different as per the university selection. As an illustration, at Symbiosis School for Online & Digital Learning, the fees for an online MBA starts at $1,600 while at LPU Online it is around $5,000.

    Online MBA Courses Fees Comparision

    Top Online MBA University Fee Package (Might Vary Based on Specialization)
    • Non-refundable Application Fee: INR 2,000-3,000
    • Non-refundable Commitment Fee: INR 2 Lakhs
    • Program Fee to be Deposited in 6 Installments: INR 3 Lakhs each
    • Semester-wise Program Fee: INR 45,000
    • Total Lumpsum Fee: INR 1,79,000

    For Indian Applicants

    • Semester-wise Program Fee: INR 40,000
    • Semester-wise Exam Fee: INR 4,000
    • Total Lumpsum Fee: INR 1,60,000

    For International Applicants

    • Semester-wise Program Fee: $1,500
    • Semester-wise Exam Fee: $150
    • Total Lumpsum Fee: $6,000

    For Indian Applicants

    • Semester-wise Program Fee: INR 43,750
    • Total Program Fee: INR 1,75,000

    For NRI Applicants

    • Semester-wise Program Fee: $673
    • Total Program Fee: $2,692

    For International Applicants

    • Semester-wise Program Fee: $785
    • Total Program Fee: $3,140

    For African Applicants

    • Semester-wise Program Fee: $590
    • Total Program Fee: $2,360

    For Indian Applicants

    • Semester I &II Program Fee: INR 50,000 each
    • Semester III Program Fee: INR 40,000
    • Semester IV Program Fee: INR 29,200
    • Total Program Fee: INR 1,69,200

    For International Applicants

    • Semester I & II Program Fee: $800 each
    • Semester III & IV Program Fee:  $700 each
    • Total Program Fee: $3,000

    For Defence Professionals/Differently Abled Applicants

    • Semester I &II Program Fee: INR 50,000 each
    • Semester III Program Fee: INR 40,000
    • Semester IV Program Fee: INR 22,200
    • Total Program Fee: INR 1,62,200

    The fee package mentioned above will give you the impression that not only the best universities offer online MBA but it is very affordable. Do you need more affordable choices? Just drop us a line!

    Advantages of Online MBA Programs In India

    Other Types of MBA Programs In 2024

    This awareness is what makes the MBA programs grow in popularity, but this is not the only type of MBA program available. The additional forms of MBA such as regular MBA, Executive MBA online, Distance MBA, etc. are also there. Now let’s talk about the rest of the MBA options that are at your disposal.

    Regular MBA: A Regular MBA is a postgraduate-level business degree that strives to provide students with a sound base in a diverse range of business disciplines including finance, accounting, marketing, human resources, and operations management. Generally, MBA graduates from traditional programs enter many different industries, including banking, consulting, marketing, and entrepreneurship.

    Apart from standard MBA programs, online MBA programs provide various benefits for students such as the ability to learn at their own pace and work while studying. Therefore, the choice among these options is to consider an online MBA as a career alternative.

    Distance MBA: For those who desire to pursue an MBA degree without having to be physically present in classes, distance MBA classes are the ideal choice that provides flexibility and practicality.

    Students would use self-learning materials to learn the various aspects of the distance MBA program. A student can get a variety of career options at the end of the distance MBA programs.

    The non-online MBA programs though are deficient when it comes to one-to-one mentoring, immediate problem-solving, and even placement opportunities.

    Top 5 Affordable Universities for Distance MBA In 2024

    Part-time MBA: A part-time MBA is available in a blended format of physical classes & online classes. Candidates choosing this category of MBA have an option for any of them to meet their needs.

    In a hybrid-mode part-time MBA, you will be taking weekend or fixed-schedule classes at the university with professors in person at the campus. Oppositely, in an online part-time MBA, you will interact with professors and peers on the online communication platforms. In each case, you will get the learning materials for self-learning.

    One-Year Online MBA: One-year online MBA is the modified version of the MBA courses online which include all the latest topics and contemporary business. It is basically the rapid process of acquiring new skills through online classes in a convenient way. With a well-structured and updated course curriculum, it makes no difference whether it is an online regular or MBA program in terms of its duration. The 1-year online MBA program is quite popular among working professionals, even fresh graduates, due to its limited duration.

    IIM Online MBA: Indian Institutes of Management (IIMs) are the top management organizations in India. For many business aspirants studying at IIMs is like their dream come true but the high cut-off of entrance exams like CAT and the high fee packages are the biggest barriers on their way. First, after handling those issues, IIMs introduce e-MBAs at low costs without demanding a brilliant score at CAT or MAT. The IIM Online MBAs provided to the working professionals and students who are busy with their routines in their daily lives and are not able to enroll in such top-notch management institutions like IIMs is a great opportunity.

    Online Executive MBA: The online executive MBA program is a graduate-level business program aimed at working professionals who would like to improve their leadership skills and climb the corporate ladder.

    Unlike full-time MBA programs which require students to attend school at a dedicated time, a part-time MBA for working professionals gives students the flexibility of completing coursework and attending online classes, while not being required to put off their professional careers. Students in an online MBA program are predicted to hone their critical thinking and problem-solving skills, connect with other experts in their field, and acquire the competencies, education, and deeds required for senior leadership positions in their organizations.

    Online Global MBA: Online global MBA is an excellent option for those who, besides work, want to understand and know about the curriculum of the global market. The Global MBA program concentrates on learning different management procedures based on international industry standards. The format of delivery of the Global MBA program is online mode and that provides an array of additional benefits to the students.

    From the comfort of wherever you are residing, the students can learn from the best business schools across the globe. And obtain the added skills and insights from a global collection of mentors available. In addition, the learners will have the opportunity to interact with various foreign recruiters and present their management skills to them.

    Online MBA Dual Specialization: An online MBA dual concentration course provides students with a chance to tailor their learning to two specific areas of business. Students participating in this program will build up their skills, making them more attractive to employers.

    In Demand Online MBA Dual Specialization In 2024

    Among the trending dual specializations are finance and marketing, logistics and supply chain, and production and operations management. Online MBA dual specialization programs are known for their flexibility of scheduling, as this enables students to manage studies regardless of work and other commitments. Alumni of such programs have the potential to lead in many fields.

    A table of comparison between regular, online MBAs is listed below:

    Job Opportunities For An Online MBA Degree

    Online learning MBA course is a PG course in management with immense career prospects. Graduation might be all you need to get an entry-level job, but with higher education, you will be able to skip to mid-level and executive posts quickly. The MBA course is a crucial one for students because it provides both appropriate knowledge in management and administration of business that students will need to handle the company algorithms and build a career in management.

    Online MBA courses will definitely prepare you in a way to reach new heights in your career. You will be able to get jobs in business management, economics, financial management, human resource management, and other fields such as consultancy, and risk analysis after this course. Many specialized posts are open to students after the completion of online MBA courses, and some of them are listed here below. Besides this, students can start their businesses applying these techniques and survive in the field of career like:

    Top Universities for Online MBA Courses As Per NIRF Ranking 2023-24

    Here are the top 5 MBA universities online besides NIRF ranking 2023-24 in India that are well-known for delivering quality management education to business aspirants via their services & qualified faculty members.

    Top Private Online MBA Colleges In 2024

    Top Government Online MBA Colleges In 2024

    IIMs Offering Online MBA In 2024

    Why Opt for an Education Loan for an MBA Program Online?

    High costs for MBA programs compel applicants to seek student loans that are numerous these days. Not only does the educational loan cover the basic course fee of the MBA program, it also covers an examination, a library, and other related expenses. For working individuals who are pursuing an online MBA program, the university has easy installment payment options through which they can manage and pay their tuition fees.

    Is An Online MBA Worth It?

    The Online MBA Courses just fill your appetite for knowledge & make you a well-trained professional who is capable of meeting the challenges in the business industry. With this program, you acquire up-to-date knowledge of industry trends and become skilled with their application to solve industrial problems. The online program is very convenient for working professionals because they get to learn new technologies and also keep up with their jobs.

    The highlights of the program do not only include the deeper conceptual or practical understanding but also the employability you get to explore on completion of this course. If you have always been considering a job change or career shift, this online master’s program can grant it to you. The program of Global Recognition, where you possess multiple career options in different sectors will result in a variety of job fields. Furthermore, this degree program helps you to access comparatively higher pay scale job profiles, and this makes this program worth pursuing for students and working professionals.

    Top Recruiters for MBA Courses Online In 2024

    Online MBA’s pragmatic education gives you current business information which is essential for carrying on business activities in the fast-changing business environment. The skills & international awareness you gain during the program will make you an ideal pick for the recruiters.

    With this online course, your attributes of strategic decision-making, data-driven insights, and financial planning will enable you to get a job at your dream organization at an attractive pay. An online MBA from these top firms will guarantee you a salary package of 5-6 LPA as a fresher & 30-50% increase in your CTC if you are a working professional.

    Top Hiring Firms For MBA Graduates

    Amazon BCG Wipro Deloitte

    FAQs

    Can I pursue an MBA abroad while I am staying in India?

    By applying for the online MBA degree at an international university, you will be able to fulfill your dream of doing an MBA overseas while staying in India.

    Mention some well-known countries for an MBA.

    According to the report, USA, UK, Australia, Canada, and Germany top the list of countries providing online MBA programs for management aspirants.

    How does an online executive MBA differ from an online MBA?

    Online MBA is open for everyone such as, fresh graduates and working professionals. But, those working professionals with 1-2 years of relevant experience are better suited for the online executive MBA program.

    What are the top-paying fields of an online MBA?

    Specializations including but not limited to Finance, Management, Information Technology, Entrepreneurship, Healthcare Management, and Marketing feature the highest package.

    Could I apply for an online MBA after graduation at B.Sc (IT)?

    Students who consider the management field can set their eyes on the online MBA program regardless of their stream in graduation.

    Whether IIMs provide online MBA or not?

    Indian Institutes of Management (IIMs) offers a number of online management courses, such as Online Master of Business Administration (MBA), online executive programs, etc.

    Is CAT examination necessary for applying to Online MBA or not?

    The Online MBA Programs at our college do not require a CAT score.

    Is online MBA worth it?

    As outlined by UGC rules an online MBA is equal to regular MBA and can offer tremendous career growth chances to the students. It will be acknowledged in India as well as in abroad on the same level.

    Which is the best online MBA?

    IIMS the top Indian Institutes with its Online MBA programs is the best. This degree may have a wide range of specialities, hence it is highly adaptable. Financial Management, Marketing Management, Human Resource Management, Supply Chain Management, Operations Management, International Business Management, and Retail Management are among the most sought after specializations.

    How long is an MBA Online?

    The minimum term for doing an online Master of Business Administration (MBA) is 2 years and the maximum term is 4 years. The course is 4 semesters long.

    What type of employment opportunities are available after completing an online MBA?

    After you complete the Online MBA, you can choose careers of managerial and executive positions. Online MBA will give you positions like Managers, Analysts, and Executives, Market researchers, Brand managers, Digital media managers, Financial Analysts, HR Managers, Corporate Executives, Sales Managers, and many more.

    Will a student be eligible for a loan for an online MBA?

    The education loans for the online MBA can be availed too. All that is altered here is the setting and the benefits’ emphasis.

    Which IIM is the best choice for online MBA studies?

    Today, each IIM offers an online MBA, but not all. The candidates that are well-known on the list are IIM Rohtak, IIM Raipur, IIM Ahmedabad, IIM Bangalore, etc. Choose one of them based on the eligibility criteria of these institutions and your interests.

    Is an online MBA expensive?

    The cost range of the online MBA is as low as INR 2-3 Lacs depending on the university you have opted for.

    Do the Big 4 Firms acknowledge the online MBA degree?

    The Big Four Firms Deloitte, Ernst & Young, PricewaterhouseCoopers, and KPMG find online MBA graduates helpful due to their multitasking skills.

    Is Online MBA UGC Approved?

    Yes, online MBAs are acknowledged by UGC and hence, they are recognized globally. Some well-known institutions that offer this course include IGNOU, Amity University, DUSOL Jain University, Chandigarh University, and others.

    What are the basic elements needed for admission to an online MBA course?

    Doing an online MBA from a UGC-approved university is highly dependent on the possession of the minimum qualification of graduation in any stream. Previous work experience is preferred but is not required.

    I plan to migrate abroad in the future, will an online MBA be useful?

    Yes, obtain a UGC-approved online MBA degree and you would be able to establish yourself anywhere in the world. Nevertheless, some international organizations may require you to have a WES or QS recognition of your degree that should be investigated before joining.

    Do MNCs recognize the online MBA?

    Certainly, top MNCs extensively rely on online MBA programs. The main problem of the employers of transnational companies is not the form of your MBA, but the reputation of the university where you’ve studied it. If your university is well-known and popular, you will be lucky to get jobs in the Big 4 firms and other MNCs.

    Do I have to physically attend universities to study Online MBA?

    Online MBA courses do not require you to be present at the university campus for any reason. One of the major benefits of online MBA classes is attending live sessions with faculty, submitting your assignments and projects online, and appearing for your proctored exams without stepping out of your home.

    What Skills Do You Need for Online MBA Courses?

    In order to achieve their career goals, online MBA students need to have a few essential abilities. Below is a summary of these abilities for your convenience.

    • Soft Skills: Interpersonal skills, often known as soft skills, are highly valued by MBA recruiters and include problem-solving, decision-making, listening, and verbal and nonverbal communication ability.
    • Communication Skills: To effectively communicate your company ideas or any other information, you must interact with coworkers, bosses, clients, and so on.
    • Execution of Strategies: In order to create and implement new company strategies for optimal outcomes, you must have in-depth business expertise.
    • Leadership Skills: These will assist you in leading a group of people to complete your assignment on schedule. You may become a manager or leader of your company using these qualities.
    • Entrepreneurs Skills: Strong decision-making abilities are necessary for a company to succeed. It will enable you to gain expertise in running a business or launching your own.
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