5 Popular Types of MBA from Best Accredited Universities

5 Popular Types of MBA from Best Accredited Universities

5 mins readComment
Syed Aquib Ur
Syed Aquib Ur Rahman
Assistant Manager
Updated on Aug 7, 2024 18:45 IST

It’s globally agreed that an MBA leads to a rewarding career. But, your career goals, current work experience, university, course fees, schedule, and industry trends are some key factors to consider before even enrolling in an MBA programme. 

Types of MBA

There are many types of MBAs today that meet the diverse student and industry demands. The best universities from India and abroad are offering them, leading to incredible career transformation opportunities. Find which MBA type suits your needs. 

1. Online MBA

One of the best MBA types for those who have joined the workforce right after graduation and plan to get into better-paying managerial roles quicker is an Online MBA

Online MBAs are fast becoming a staple offering from many private and government universities in India. This happened after UGC and AICTE began to approve them post-COVID. 

The top Indian colleges offering accredited online MBAs. 

  1. IIM Ahmedabad 
  2. IIM Sirmaur
  3. UPES ON (Formerly UPES CCE)
  4. Chandigarh University Online 
  5. Amity University
  6. IGNOU
  7. Online Manipal

Some renowned international universities offering online MBA programmes are listed below. 

  1. Wharton School
  2. Deakin University
  3. Arizona State University
  4. Liverpool John Moores University
  5. University of Adelaide
  6. Utah State University
  7. Texas Tech University

Top Features of Online MBA Programmes

  1. These online degrees are either accredited by the Indian government education system (UGC or AICTE; typically, NAAC) or international ones such as WES, AACSB, AMBA, and EQUIS. 
  2. Students can perfectly balance their work and personal lives with online MBAs through many learning options. A few online MBAs are asynchronous—they come with pre-recorded lectures and scheduled live/interactive sessions. A few could be synchronous learning with live lectures and study materials. Others can provide blended modes of learning, with optional (or mandatory) and short campus immersion modules. 
  3. Top B-Schools from abroad offering globally accredited online MBAs usually have their own state-of-the-art LMS with direct-to-device mode. They also partner with leading vendors such as upGrad, TimesPro, and the like. These vendors have their own learning management systems with more virtual networking capabilities and 24/7 access. 
  4. They are more affordable than a full-time MBA degree without compromising on training, curricula design, or grading. The pricing is relative, however, when it comes to affordability. It is ideal to compare the prices of these programmes (offline and online) from the same university, country-wise. 

Go check more details on eligibility and different online MBA course concentrations on our curated listing page - online MBA courses

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2. Global MBA

With a global MBA, you will be exposed to multiple business environments and learn how to tackle broader global market challenges. 

So, if you plan to work abroad in a managerial role, a global MBA might be the right option for you. 

A global MBA is also suitable for working in a multinational company. You will be better suited for higher roles with your office in international waters. 

Universities offering the best-ranking global MBA programmes today are below. 

  1. Stanford Graduate School of Business
  2. Indian School of Business (ISB)
  3. Duke University
  4. Alliance Manchester Business School
  5. University of Aberdeen
  6. Deakin Business School
  7. O.P Jindal Global University
  8. SP Jain SGM

Top Features of Global MBA

  1. Global MBAs from the best universities add immense value as a credential. The networking opportunities in such programmes are greater and more rewarding when participating in group projects. 
  2. The faculty and experts teaching these programmes are also well-experienced in the international business landscape. Mentorship and training, combined with a hands-on approach, help students directly apply what they have learned in the real world. Such focus opens up more global job opportunities. 

3. Part-Time MBA

Part-time MBAs are offered in hybrid mode or only on weekends. This type of MBA programme can also be in-person or completely online. 

Top universities offer flexible schedules to students who wish to complete these MBA programmes within two to five (sometimes six) years. 

Universities offering the best part-time MBAs are listed below. 

  1. The University of Sydney Business School 
  2. Frankfurt School of Finance and Management
  3. Indian School of Business (ISB)
  4. Symbiosis
  5. BITS Pilani

Top Features of Part-Time MBA

  1. Part-time MBAs have the most flexible learning schedule, which makes them perfect for working individuals working in the same city as the college. 
  2. Generally, part-time MBAs are offered in person in one location. Some universities also offer these types of MBAs across different locations in the globe. 
  3. Part-time MBAs from the best colleges also have flexible curricula that they can themselves choose and specialise in their industry-relevant areas. 
  4. Some part-time MBA programmes are also offered completely online. These have virtual workshops and live projects online. 

Have a look at the top listings of part-time MBAs on our platform, too. 

4. Executive MBA

Executive MBAs are strictly for experienced professionals with considerable work experience. Some Ivy League universities demand at least 10 years of work experience. These programmes are primarily leadership development-oriented. 

So, those in top-level management or a senior role should definitely go for these. 

Top universities offering executive MBA degrees online are 

  1. Wharton Business School
  2. IIT Roorkee
  3. SP Jain SGM
  4. IIM Udaipur
  5. Yale University 

Top Features of Executive MBA

  1. Working professionals do not have to compromise on their added commitments in their mid to senior-level roles for the high-quality executive MBA programmes online. These programmes are designed by the top industry experts who are in C-suite roles. The curricula are tailored to adjust those workplace obligations. 
  2. Networking opportunities are the best in executive MBA programmes online when compared to other MBA types. The best institutes attract the most experienced and talented pool of candidates who make a difference in the industry and are willing to learn more.
  3. The executive MBA programmes online mostly come with global accreditations. EQUIS, AMBA, and AACSB are the common ones. 
  4. Some of the best eMBA programmes also offer the best placement opportunities along with rigorous CV-building sessions suitable for higher roles. 

If you are in your mid-level managerial career and want to move up and transform your organisation, check out the best executive MBA courses online listed on our platform.  

5. Full-Time MBA

A full-time MBA, probably, needs no introduction. These are offered by all B-schools and a variety of institutions worldwide. 

Among the best universities offering full-time MBA programmes, these are well-known.  

  1. All IIMs
  2. Some IITs
  3. Deakin Business School
  4. Symbiosis Institute of Business Management
  5. Great Lakes Institute of Management
  6. UPES

Top Features of Full-Time MBA Programmes

  1. They are ideal for those with the time to pursue an MBA programme without working.
  2. Since you would have to be on campus for these, you get to develop interpersonal skills like teamwork and collaboration the traditional way.
  3. Workshops and projects can be perfect for enhancing your networking opportunities. 

Which MBA Type is Right For You?

Not every type of MBA is cut from the same cloth. Nor are the learning and career outcomes. The MBA types mentioned above are the most popular ones. The universities mentioned are among the top-ranked, with valuable accreditations that qualify MBA graduates to work in various parts of the world. So choose one and begin your career transformation today!

 

About the Author
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Syed Aquib Ur Rahman
Assistant Manager

Aquib is a seasoned wordsmith, having penned countless blogs for Indian and international brands. These days, he's all about digital marketing and core management subjects - not to mention his unwavering commitment ... Read Full Bio