Online MBA Online Colleges & Certifications

Online MBA degrees are a promising option for working professionals who aim to learn the intricacies of management while continuing their career. These online degrees are at par with the traditional MBAs offered in physical campuses, just that online MBAs degrees are conducted online and offer flexibility to the learners to access course materials, lectures, and discussions through virtual classrooms, eliminating the need for physical attendance. Learn all about Online MBA degrees.

 

Key Highlights of Online MBA Degrees

 

Features	Details
Course Level	Postgraduation
Duration	2 years: 4 semesters (some institutes also offer flexibility in scheduling)
Course Pedagogy	Online via video conferencing and Learning Management System (LMS)
Eligibility Criteria	Graduation with a minimum of 50% marks Work experience (if required and as specified by the institute)
Course Fee	Rs. 50,000 - 20,00,000
Average Salary	Rs. 6 - 10 LPA
Top Online MBA Specialisations	International business, Operations Management, Finance, Human Resource Management, Marketing
Top Recruiters	Infosys, Deloitte, TCS, Accenture, ICICI Bank, HDFC Bank, Samsung
Top Online MBA Colleges	IGNOU, Symbiosis Centre for Distance Learning Amity Online NMIMS BITS Pilani Chandigarh University Manipal University Jaipur

 

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Please Note:

Some colleges also take into consideration scores of MBA entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Management Aptitude Test (MAT), Symbiosis National Aptitude Test (SNAP), etc.

Premier institutes like IIM Ahmedabad require applicants to clear the online IIMA Admission Test (IAT) OR a valid CAT score (CAT score of tests taken within the last 5 years) OR a valid GMAT/GRE score (GMAT/GRE score taken within the last 5 years).

Must Read - Online MBA from IIM

Top Online MBA Specializations 

Specialisation	Top Online MBA Courses
Finance	MBA in Finance Management by UPES CCE Online MBA in Financial Services and Financial Planning by Chitkara University MBA in Finance by Kurukshetra University MBA in Finance by BITS-Pilani WILP
Marketing	MBA with specialization in Digital Marketing Management by Amity Online MBA Marketing Management by University of Mysore Online MBA - Marketing by JAIN University MBA in Marketing and Sales Management by Amity Online
Human Resources (HR)	MBA with specialization in HR Analytics by Amity Online MBA in Human Resource Management by Manipal Online
Operations Management	MBA in Operations Management by Online Manipal MBA Operations Management by University of Mysore MBA in Production & Operation Management by IIT Kanpur
Information Technology (IT)	MBA in IT and Fintech by Manipal Online MBA in Information System Management by Manipal Online MBA in Total Quality Management by Manipal Online
International Business	MBA in International Business by SASTRA MBA in International Business by Online Manipal
Supply Chain Management	MBA in Supply Chain Management by Manipal Online MBA in Logistics & Supply Chain Management by UPES CCE
Data Science	MBA with specialization in Data Science by Amity Online MBA in Analytics and Data Science by Manipal Online MBA with specialization in Business Analytics by Amity Online

 

NIRF 2024 Ranking of Top Colleges Offering Online MBA Degrees

College Name	NIRF 2024 Rank
Indian Institute of Management Ahmedabad	1
Indian Institute of Management Bangalore	2
Indian Institute of Management Calcutta	5
XLRI Jamshedpur	9
MDI Gurgaon	11
S. P. Jain Institute of Management and Research	20
NMIMS	21
Amity University Online	29
Great Lakes Institute of Management	34
Lovely Professional University (LPU) Online	38

Types of Online MBA Programs

There are a variety of formats for an online MBA:

Part-Time Online MBA

Duration: 3 to 5 Years

A part-time online MBA is ideal for those who want to balance their work, family, and other commitments. It will provide you the flexibility to study and complete assignments at whatever time best suits your schedule. It is best suited to working professionals who can apply the newly learned skills and knowledge to their jobs.

Hybrid Online MBA

Duration: 3 to 5 Years

In a hybrid or blended MBA, students attend a short and accelerated series of classes that deliver vital knowledge face to face. It complements the virtual classroom with residential immersions. A Hybrid MBA often costs more than 100% online programs.

Accelerated Online MBA

Duration: 12-18 Months

It is a fast-paced path and a quicker alternative to otherwise traditional 2 to 3 year MBA programs. In an accelerated MBA, students can expect to complete their studies within 12 to 18 months. Because of the shorter overall time frame, this option can be a money-saver.

Executive Online MBA

Duration: 2 Years

The executive online MBA is designed for mid-to-senior level professionals with at least five years of business experience. Executive MBA programs focus on classwork with real-life applications that help students hone their decision-making, leadership, and strategic skills.

Who Should Enroll in Online MBA Programmes?

Here are some key groups of individuals who should pursue an online MBA degree courses: 

1. Working Professionals: An online MBA benefits professionals currently working and seeking to enhance their career prospects.
2. Entrepreneurs: Individuals aiming to establish their businesses can find an Online MBA valuable for developing a solid foundation in business concepts and strategies.
3. Career Changers: Those looking to transition to a career in business can pursue an online MBA to acquire the business acumen for a successful switch.
4. Freshers: An online MBA can give fresh graduates a competitive edge for future career opportunities, even while they work full-time.
5. Individuals Eyeing Leadership Roles: Professionals with years of experience who aspire to advance in their current company or domain can significantly benefit from an online MBA to prepare for leadership positions.

Why You Should Pursue an Online MBA?

An MBA degree online is a forward-thinking degree that leverages advanced technology, global accessibility, and flexible learning models. It adapts to changing work environments and emphasises continuous learning. 

Here are some key reasons to consider an online MBA degree courses:

1. Pursuing an online MBA offers flexibility while adding to your managerial skill sets. You can choose your study locations and continue your MBA studies despite job changes, migration, travel, or other life events.
2. An online MBA degree is recognised worldwide at par with a traditional MBA. After completing an online MBA, you can also explore international job opportunities or plan to study further. 
3. An online MBA degree saves you the hefty tuition fees associated with traditional full-time MBA programmes. There is no additional commuting, which will save you both money and time. Moreover, you can continue working with an online MBA. 
4. You can choose a specialisation that aligns with your career goals, from data science, business analytics, healthcare, FinTech, healthcare, project management, and more.

Career After Online MBA

Position	Average Salary
Business Consultant	Rs. 2.2 - 25 LPA
Marketing Manager	Rs. 2.3 - 24 LPA
Financial Analyst	Rs. 2.1 - 12.1 LPA
Operations Manager	Rs. 3 - 21 LPA
Human Resources Manager	Rs. 2.9 - 18.9 LPA
Project Manager	Rs. 4.2 - 30 LPA
Supply Chain Manager	Rs. 3 - 29.7 LPA
Financial Controller	Rs. 6 - 60 LPA
Entrepreneur	Rs. 1.5 - 30 LPA
Product Manager	Rs. 5.5 - 38 LPA

 

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What Will You Learn in the Online MBA Program?

Key Topic	Area of Study
Business Management	Principles of management, organizational behavior, business policy and strategic management, and decision-making.
Financial Management	Financial analysis, corporate finance, investment strategies, and risk management.
Marketing	Marketing strategies, consumer behavior, digital marketing, and brand management.
Operations Management	Supply chain management, process optimization, quality control, and logistics.
Human Resource Management	Talent acquisition, performance management, leadership development, and organizational culture.
Entrepreneurship	Business planning, startup management, innovation, and venture capital.
Information Technology	IT management, digital transformation, cybersecurity, and data analytics.
Economics	Microeconomics, macroeconomics, international trade, and economic policy.
Corporate Governance	Ethics, corporate social responsibility, legal environment, and compliance.
Strategic Management	Competitive analysis, strategic implementation, business model innovation, and global strategy.
Project Management	Project planning, execution, monitoring, and closing, using tools like Agile and Scrum.
Leadership	Leadership theories, emotional intelligence, change management, and conflict resolution.

 

Difference Between Online MBA and Traditional MBA 

Aspect	Online MBA	Traditional MBA
Delivery Method	Delivered primarily through online platforms, allowing remote study.	In-person on campus.
Flexibility	Offers greater flexibility for working professionals, with asynchronous coursework and remote access to lectures and materials.	Follows a fixed schedule with in-person classes.
Interaction	Relies on virtual interactions, discussion forums, and video conferencing for student-instructor and student-student interactions.	Involves face-to-face interactions in classrooms.
Structure	Structured to accommodate part-time study, allowing students to balance studies with work and personal commitments.	Follows a full-time format, requiring a significant time commitment.
Networking	Provides networking opportunities through online communities, virtual events, and alumni networks.	Offers extensive networking opportunities through on-campus events, career fairs, and alumni associations.
Admission	Admission criteria may vary but often require relevant work experience, standardized test scores (GMAT/GRE), and academic background.	Admission criteria typically include academic qualifications, work experience, standardized test scores, and letters of recommendation.
Accreditation	Accredited by recognized accrediting bodies, ensuring quality and credibility.	Accredited by recognized accrediting bodies, maintaining the same standards as on-campus programs.
Cost	Costs may vary but can be more affordable due to reduced overhead costs associated with online delivery.	Costs may include tuition, fees, and living expenses, potentially higher due to on-campus requirements.

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What is an MBA for Working Professionals?

An MBA for working professionals is tailored to accommodate currently employed individuals who seek to enhance their business acumen and career prospects. These programs are flexible and allow the course takers to take online or remote classes, typically during evenings or weekends or through a blended format with online components.

Top Institutes Offering Online MBAs for Working Professionals

1. IIM Ahmedabad
2. IIM Kozhikode
3. BITS Pilani
4. uPGrad in collaboration with Liverpool Business School
5. Indian Institute of Foreign Trade
6. Great Lakes Institute of Management 
7. Institute of Management Technology (IMT CDL) - Centre for Distance Learning
8. Manipal Academy of Higher Education
9. D.Y. Patil Vidyapeeth
10. ICFAI Foundation for Higher Education
11. University of Mysore
12. ASU's WP Carey School of Business
13. Xavier Institute Of Business Management Studies - XIBMS

How to Choose the Right Online MBA Specialization?

Before going for an online MBA, we recommend you ask the below questions to gain more clarity and make the right decision -

What will I achieve by studying for an online MBA?

Deciding to study for an MBA must be supported by the need to achieve specific objectives. For example, among the most common objectives of students who decide to study an online MBA are:

1. Develop leadership skills and enhance decision-making abilities
2. Get a better job
3. Change sector or industry
4. Increase earning potential and salary growth opportunities
5. Become an entrepreneur

Whatever the reason you have decided to study for an online MBA, you must verify that the study plan, contents, and subjects are aligned with the objective or goals you want to achieve. 

Does the online MBA offer a global experience?

Through online platforms, students can engage with peers, instructors, and industry professionals worldwide, gaining diverse perspectives and insights. 

Additionally, many online MBA programs include virtual international collaborations, guest lectures from global experts, and opportunities for study abroad or international residencies, providing students with firsthand exposure to global business practices and cultures.

How will the MBA help me find a job in my desired industry?

Although most Master's Degrees in Business Administration are designed to provide general preparation in business management and direction, other MBAs allow you to choose areas of specialisation.

For example, if you want to expand your knowledge and develop management skills, choosing a one-year generalist MBA may be enough to cover your development needs.

However, a specialised Online MBA is an excellent way to redirect a career towards other growing sectors or change the direction of your career path thanks to specific knowledge.

Some other questions that can you must seek answers to, before selecting an online MBA, are - 

1. What is the reputation of the business school offering the online MBA?
2. What is the format of the online classes and how interactive are they?
3. What support services are available to online MBA students, such as academic advising, career counselling, and technical support?
4. What is the average class size and student-to-faculty ratio?
5. Can I access course materials and lectures on my schedule, or are class times set?
6. What opportunities exist for networking with classmates, alumni, and industry professionals?
7. What is the success rate of graduates from the program, including job placement and salary growth?
8. Are there any additional costs beyond tuition, such as fees for textbooks, technology, or residencies?
9. Does the program allow students to customize their curriculum or pursue dual degrees or certifications?

Read more to find solutions to common online degree challenges:

Limited Networking Opportunities in Online Degree Programs	Is an Expensive Online Degree Really Worth It? Understand its Pros and Cons
Can Online Degree Programs Really Offer Quality Education?	The Reality of Self-Discipline in Online Degree Programs

Conclusion

An Online MBA offers flexibility and convenience, allowing students to study from anywhere and at their own pace, which is ideal for working professionals. It typically has lower costs due to no commuting or housing expenses.  By pursuing an online MBA, you gain essential business and management skills, specialized knowledge tailored to your career goals, and the ability to advance in your career. An online MBA is a smart investment for anyone looking to elevate their career and thrive in today's competitive job market.

Recommended Reads on Online MBA 

1. How to Choose the Best Online MBA College?
2. A Guide to Online MBA for Working Professionals
3. How to Evaluate the Quality of an Online MBA Program?
4. What to Expect in First Year of an Online MBA Program?
5. How to Balance Work and Study During Your Online MBA?
6. Top Ranked Online MBA Programs in India in 2024
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8. Affordable Online MBA Programs That Deliver High ROI