What are the Advantages of Online MBA? Check Jobs and Career Scope
Online MBA is fast gaining popularity among management professionals. Many management aspirants have realised that an Online MBA course is perfect for not only working professionals but also fresh graduates.
In the recent years, popularity of Online MBA has increased tremendously. Looking at this growing acceptance of the Online MBA course, various B-schools including IIMs have begun to offer this course. Many of the Online MBA courses are not conventional management degrees but they are prepared in such a way that one gets training equivalent to a conventional degree.
Today, an increasing number of MBA aspirants are opting for the Online MBA course (from a foreign university) over a full-time degree at an Indian B-School. The choice is simple, as a degree from a foreign university holds more value in the international job market than its domestic counterpart. The Online MBA is also gaining more popularity among the youth and working professionals as one doesn't have to give up the job or change location to pursue the course. This is one of the main reasons why working professionals choose to go for online MBA. Also, since the student is not physically present, the institute does not have to bear the cost of infrastructure. Moreover, the COVID-19 era has made online education more acceptable than before. Let us have a look at what Online MBA is all about:
Online MBA Eligibility Criteria
Aspirants who wish to pursue Online MBA should comply by the following eligibility criteria:
- The candidate should be a graduate in any discipline
- The candidate waiting for their final year results are also eligible
- The candidate belonging to General category should have secured at least 50 per cent aggregate
- The candidate belonging to reserved category should have secured at least 45 per cent aggregate
- Having a relevant work experience is an added advantage
- There is no age limit for pursuing Online MBA
- In case the university/institute conducts an entrance test, the candidate needs to qualify the same
What are the Advantages of Online MBA?
- e-learning: As mentioned earlier, online MBA is all about learning in a virtual world. The student can enjoy the benefit of learning from the comfort of his/her home. The student does not need to be based at a particular location to complete the course. All that is needed is a laptop/desktop and an excellent broadband connection.
- Cost of Online MBA The course fee of conventional MBA programs is high, but on the other hand, the cost of online MBA programs is less. This affordable fee structure is a major attraction for MBA aspirants. Candidates facing a financial crunch can easily opt for these courses as the fee can be arranged easily.
- Curriculum same as Full-time MBA: The syllabus and curriculum of online MBA is same as the one taught in full-time MBA. This means that even without attending the conventional MBA programme, students gets the traning of it.
- Do not have to give up on your job: Working professionals wanting to pursue MBA do not need to give up on their job. They can continue to their job along with an Online MBA course. Also, in case the candidate needs to relocate due to work opportunities, he/she can do so without having to worry about the completion of course.
- Better market value: Once the Online MBA course is over, candidates stand a better chance of having a high market value. Their area of job opportunities grow multifold. The choice of colleges is vast – all that the aspirant needs to do is, make the right decision.
Online MBA Jobs and Career Scope
Having an MBA degree can give your career a new direction. Let’s have a look at some of the job opportunities after Online MBA:
Sector |
Online MBA Jobs |
---|---|
Public Sector |
Finance |
Operations & Project Management |
|
Technology Management |
|
Accounting |
|
Computer System |
|
e-Business |
|
Entrepreneurship |
|
Global Management |
|
Healthcare |
|
Human Resource |
|
International Business |
|
Private Sector |
Financial Research Analyst |
Securities/Investment Analyst |
|
Financial Advisor |
|
Portfolio Manager |
|
Real Estate |
|
Fashion Industry |
|
Information Security Analyst |
|
Operations Research Analyst |
|
Management Analyst |
|
HR Specialist |
|
Credit Risk Management Analyst |
|
IT Sector |
HR Managers |
ERP Consultants |
|
Project Managers |
|
Business Analyst |
|
IT Manager |
|
Business Development Manager |
Online MBA: Specialisation-wise jobs and career opportunities
Given below is the list of career domains and job roles after pursuing Online MBA programme.
Specialisation |
Online MBA Job Role |
---|---|
Finance |
Financial Manager |
Financial Advisor |
|
Accounting Manager |
|
Corporate Controller |
|
Chief Financial officers |
|
Treasurers |
|
Cash Managers |
|
Risk & Insurance Managers |
|
Investment Bankers |
|
Human Resource |
Human Resource Development |
Personnel Management |
|
Human Resources Generalist |
|
Industrial Relations |
|
Marketing |
Public Relations Specialist |
Marketing Manager |
|
Brand Manager |
|
Market Research Analyst |
|
Sales Manager |
|
Media Planning |
|
Product Management |
|
Internet Marketing |
Also Read: Online MBA: Specialisations and Career Prospects
Online MBA in COVID-19 Era
Ever since the outbreak of COVID-19 pandemic across the globe in 2020, the world has learnt to live in a digitally dependent environment. The shutting down of school and college campuses to contain the spread of this deadly disease led to a shift to online education. Students have realized, while even staying at home they can pursue professional degree courses like MBA in online mode. Among all other professional courses, Online MBA has gained prominence more because it does not require practical experiments. The lectures are theoretical and can be accessed anytime through the Learning Management System (LMS). Given the fact that a lot about human interaction is going to change after the COVID-19 era, one can see Online MBA as the future leader of management courses.
Apart from that, Online MBA is convenient, flexible and affordable. It is also not bound by geography. A student from Chennai can pursue the course at an Ahmedabad college without changing location. Many internationl universities also offer Online MBA courses so that students from across the globe can pursue from any part of the world.
Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio