Confused between on-campus, regular, or online MBA programs? Then you are on the right page to guide you in selecting the best track for your career.
With an increase in the digitization of the current labor market, getting the right skills to survive in the market is necessary. But, sometimes we don’t get enough time and resources to study and keep pace with other people and complete the course. Here comes the online MBA course to the rescue, which adjusts according to your needs and time. With the widespread increase in Virtual learning modes, getting an online degree has become the new normal. More popular amongst working professionals looking for a salary hike or promotion, students with unstable finances, housewives looking to restart their career after a gap, or individuals not looking to relocate to other cities while studying.
The only catch is to check for the approvals that are required for any University or College to run these online courses. Some of them are:
UGC (University Grant Commission) and DEB (Distance Education Bureau).
For some technical specializations, like Business Analytics, Information Technology, and Technology Management, an additional accreditation from AICTE (All India Council for Technical Education) is also needed.
Some business schools also have AACSB (Association to Advance Collegiate Schools of Business) approval as a measure to employ quality teaching staff and provide a world-class LMS to the students.
Seeing a boom in the market after COVID, it is always a choice for students to pursue an online MBA. With the students enrolling from various geographical regions, it gives one a chance to interact with cohorts of every culture, giving a chance to gain experience from everyone and grab a higher earning opportunity.
Key Benefits of going for an online MBA:
Flexibility: The prominent factor of doing an online MBA is the adaptability of the program. It gives you all the freedom to move ahead in the course at your own pace and at any time of the day. Students get enrolled here from across the world, so giving them their required slot is necessary. Flexible study time gives you a chance to participate in the other aspects of the course, like extra recorded sessions, discussion forums, and informative quizzes. Having time for extracurricular activities apart from studies is also necessary for overall professional development.
Reliability: Having proper accreditation from the government of the specific country that runs the course or the university that provides it is very necessary to check before enrolling in the program. Most employers look for students who have a degree from a reputable university and have all the proper approvals. A legitimate online MBA degree puts you in a more commanding position in your career and is an added advantage to get the degree at your comfort and be at the top list of getting selected by some of the top employers.
Cost-Effectiveness: Being on the less pricey side is the most loved advantage, as the majority of the Indian population reading this hail from a middle-class setup of a community. Students coming from low-income families can select from the various EMI options available and continue their studies without having a career gap.
Acceptability: Alike the regular MBA courses, an online MBA course is also acceptable across the world, when having the required approvals. In addition to having the same reputation as a conventional degree, you will also gain significant management and business skills needed to stay ahead in the market. Your global network will also expand as an online program will have various students from different parts of the world.
There are even good career options that one can get after completing the online MBA program. Here are some trending career choices after an MBA:
Managerial or Executive Post: The majority of the graduates prefer to go for the usual management positions in the various renowned corporate giants. The key role of a manager or an executive is to manage the organizational departments and open new opportunities for the company and the employees. It is one of the most crucial roles, as it requires a person to be strategically sharp, a good observer, and to come up with correct decisions. As a student of an online MBA program, you will have a given advantage of getting an executive position, with the help of an Executive MBA program.
Entrepreneurship: Online MBA also provides you with the opportunity to start your own business. Various online MBA courses give you access to the Incubation centers, a hub where students of similar forte work on their projects, to start a business. An MBA degree’s added advantage is the ability to become an entrepreneur. While doing the course, you get an experience to tackle the multifaceted challenges of the business world, while still studying.
Investment Banker: It is one of the most trending career choices made by an MBA graduate. The role of an investment banker is to provide appropriate expenditure options and investments to corporations and the government. They guide them mostly about cash and bonds. While pursuing an online MBA, one can get an opportunity to learn about various financial tools, analyze market - trends, and give sound advice to the firm they are working for.
Human Resources Manager: The Online MBA program trains the students to become an HR professional. The main job of an HR manager is not only to hire, train, and make a smooth exit of the employees from the organization. But, HR also oversees whether the company policies are being followed or not. He also frames the appropriate company policies for the smooth running of the enterprise.
An online MBA is not just a degree it is a boon for today’s tech-centric world. I can say that it is one of the best investments that one can make for their career.
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