Online MBA

Online MBA (Master of Business Administration) is a 2-year postgraduate program. It is one of the most popular postgraduate degrees today as it opens doors for careers in various fields. This online course helps you get managerial-level jobs across several sectors.

So, let’s check further details regarding online MBA.

Key Features of Online MBA 

Accreditation

• Not all online MBA programs are created equally. Earning a degree from an accredited institution signals to employers that you received a high-quality education with rigorous and relevant coursework. 
• Accreditation determines if college and university programs meet or exceed certain levels of educational quality standards.

Coursework and curriculum

• The teaching and coursework delivered in an in-person learning environment do not always translate seamlessly into an online format. 
• The best online MBA programs are built around a curriculum that is developed specifically for distance learning.

 Availability of academic support

• Colleges and universities design academic support departments and initiatives with student success in mind. 
• Extra help navigating online resources such as digital libraries might be necessary for students enrolled in online MBA programs.

Why Online MBA?

Besides, online MBA programs allow students to access resources at their own pace and convenience. 

This flexibility is particularly advantageous for working professionals with varying schedules and commitments. With 24/7 access to resources, students can fit their learning around work and personal life.

An online MBA is convenient, affordable, and recognized at par with a traditional MBA degree. Online MBA also facilitates global networking, which is essential for every professional today.

Why Should pursue Online MBA?

There are some reasons why should pursue online MBA:

• Online MBAs often come with lower tuition fees compared to traditional on-campus programs. Additionally, you can save on commuting, housing, and other expenses associated with attending a physical campus. 
• Universities offering online MBA programs often provide placement guarantee or placement assistance services, enhancing the career prospects of individuals. 
• Professionals looking for a different job role can opt for placement interviews, allowing them to find the right job aligned with their career aspirations. 
• By enrolling in an online MBA program, individuals can continue their professional commitments while simultaneously enhancing their business knowledge and skills. 
• This flexibility allows them to balance work and studies effectively, without interrupting their career progression. 

Top Universities For Online MBA As Per NIRF Ranking 2023

UNIVERSITIES                                                    NIRF RANKING

Online MBA Course Subjects/syllabus 2023-2024

The Online MBA course is divided into four semesters.

Semester 1

• Management Concepts and Theories
• Organizational Behaviour
• Business Environment
• Managerial Communication
• Management Accounting
• Managerial Economics
• Statistics for Management

Semester 2

• Marketing Management
• Human Resource Management
• Corporate Finance
• Quantitative Methods
• Legal aspects of Business
• Operations Management
• Management Information Systems

Semester 3

Core Subjects

• Project Management
• Entrepreneurship
• Project Work Diary
• Summer Internship Report

Elective I – Finance:

• Derivatives
• International Financial Management
• Portfolio Management

Elective II – Human Resource Management:

• Human Resource Development
• Strategic Human Resource Management
• Organizational Change and Development

Elective III – Marketing Management:

• International Marketing
• Product and Brand Management
• Services Marketing

Elective IV – Operations Management:

• Decision Models and Optimization
• Technology, Innovation and New Product Management
• Total Quality Management

Elective V – Supply Chain Management:

• Supply Chain Management
• Retail Management
• Operations Research

Areas Of Specialization

Students can choose to any two specialization of their choice, specializations available to choose from:

• Supply Chain Management
• Operations Management
• Human Resource Management
• Finance Management
• Marketing Management
• Project Management

Program Duration:

MBA is a 2-year degree program. Each year is divided into two semesters. Continuing to pass all four semesters you complete the program.The Maximum duration given to clear all the semesters is 4 years.

Eligibility:

• 10th Pass + 12th pass from any recognized Board+ Graduation Degree from any field (10/12th NIOS is acceptable)
• Graduation from a recognized University that is UGC approved.

Application Criteria 

You must be eligible to pursue an online MBA  there are specific criteria that are given below:

• An applicant must have a bachelor’s degree in any specialisation from a recognized university.
• You must have scored more than 45 to 50% in your graduation.

Admission Process 

There are several steps involved in applying for an online executive masters in business administration. The admissions process is not the same in all universities.

• Applicants can find the registration form on the official website of the university.
• Applicants are required to register themselves for the program.
• After registering your form, you have to fill in your details like name, contact, etc. 
• You are expected to submit your documents on the website after filing your details.
• You need to submit application or registration fees to can secure your admission by following these steps,  
• Many universities consider entrance exams. For the online EMBA program, you can also apply with entrance exam scores.

Career Opportunities

The online MBA has the same relevance as any other course. If you have achieved specialisation in any specific MBA program, then you can get a high package and the best opportunity worldwide. Below are various job opportunities after executive MBA:

• Digital marketing manager: Recently, Digital marketing managers have been in high demand. In this job, you have responsibilities to plan and manage the marketing campaign and promote the services, brand, and products of the company through digital methods and strategies.
• Marketing Manager: Marketing manager is another important career after completing the EMBA program. The marketing manager has responsibilities to keep records of estimates, budgets, and receipts related to the campaign. They are expected to have leadership qualities and communication skills for better representation.
• Sales Manager: A sales manager must fulfil the target requirements of the country for better promotion and growth. You can apply for sales manager after an online program.
• Business analyst: A degree in MBA is required to apply for this job. It is the most reputable and popular job opportunity available on the market. A business analyst is expected to play a key role in developing businesses and analysing strategies for business growth.

Top Hiring Firms

There are various top hirers in the world that hire freshers and final year master students for their company. 

• Goldman Sachs
• JP. Morgan 
• KPMG 
• BCG
• Barclays 
• Deloitte

Mode of Classes to Opt

This same course is available in many modes, which gives wide exposure to students. These available modes are given below:- 

• Regular: There is an offline course similar to the online. In regular programs, students are always expected to attend classes regularly by travelling to the university daily. It gives students wide exposure where they develop practical understanding in offline mode. Internship programs and field projects are part of regular MBA courses.
• Online: Online mode is considered the best for working professionals, and you can do your job, prepare for competitive exams, and pursue skill enhancement courses for your betterment simultaneously while studying. You can effectively manage your time at your convenience by pursuing an online MBA.
• Hybrid: Hybrid mode is also the best, in which you can experience both online and offline modes. You can easily pursue hybrid mode. In a week, you have to give your three days of presence in college and three days of presence in online mode. You can flexibly take classes online at your convenience.

Conclusion

If you are unable to chase your dream of pursuing an MBA course due to a job or any other reason, then an online executive MBA is for you. The online MBA program gives practical experience and an understanding of the concepts at your convenience. Online MBA courses provide multifold benefits with lucrative salary packages.