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Why is online MBA popular in India?
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Why is online MBA popular in India?

  • Aug 29, 2024
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The Online Master of Business Administration (MBA) stands out as one of the most sought-after courses in India for Higher education. The flexibility and convenience, that online MBA program offers has gained immense popularity in recent years. it's an ideal program for working professionals who want to hit the promotion in their current job without leaving their jobs and fresh graduates who aspire to get themselves placed in top-notch companies in India from the comfort of their homes balancing their studies and other commitments simultaneously. Renowned universities that offer Online MBA degrees hold accreditation from apex bodies such as the All India Council for Technical Information(AICTE), the University Grants Commission(UGC) and the Distance Education Board (DEB) ensuring the authenticity and credibility of the program worldwide. Universities hold accreditation from NAAC with A++ grade ensuring the quality education at the University. This blog delves into the reasons behind the growing popularity of online MBA programs in India, along with an overview of 

  • What is an Online MBA 
  • Eligblity Cretria of the program
  • Admission process 
  • Advantages of Pursuing Online MBA 
  • Top Specializations 
  • Universities offering this program. 

Read the complete blog to get all the comprehensive & authentic details about the Online MBA program and the reason behind its popularity in India. 

What is an Online MBA?

The Online Master of Business Administration is a professional 2 years postgraduate program that you can pursue through online platforms rather than in traditional on-campus classes. The program equips students with a comprehensive understanding of various business disciplines, including finance, marketing, human resources, operations, and strategy. It emphasizes both advanced business management skills and leadership qualities preparing students to compete in this competitive job market. The online nature of these programs makes them accessible to a broader audience, including those living in remote areas or those who cannot attend on-campus classes due to other commitments. 

Features

Details 

Course name

Master of Business Administration 

Course Level 

Post Graduation 

Accreditation 

UGC-DEB, AICTE

Eligibility criteria 

  • Completed Graduation from any recognized university with 50%- 60% aggregate marks.
  • A relevant working experience 

Entrance exams 

  • commonly accepted entrance exams CAT, GMAT, XAT, MAT, SNAP, and 
  • NMAT. 

Course duration 

2-years (4 semesters)

Average Course fees 

INR 6 LPA - INR 12 LPA

Mode Of Education 

Online

Top MBA Specializations 

  • MBA in Finance
  • MBA in Marketing 
  • MBA in information technology 
  • MBA in Human Resources
  • MBA in Operataion Mangment 

Eligibility Criteria

The eligibility Criteria for enrolling in an Online MBA program in India are generally similar, however, specific requirements may vary depending on the university you choose. Here are the common eligibility criteria:

  1. Student must have completed their bachelor’s degree in any field from a recognized university with a minimum percentage of 50% to 60% aggregate marks.
  2. Most Online MBA programs can be pursued by fresh graduates, some programs particularly require students to have a certain amount of work experience.
  3. Some universities may require students to take an entrance exam like CAT, MAT, XAT, or GMAT.
  4. Some universities have their own entrance exams followed by personal Interviews, which are mandatory for admission.

Admission Process 

Below is a step-by-step guide for the admission process for an Online MBA program:

  1. The student needs to first fill out an online application form available on the university website. This typically involves providing personal details, academic qualifications, and work experience. 
  2. If the program requires an entrance exam, students will need to register for the exam and clear the merit list to get admission.
  3. The students will be required to submit the necessary documents for verification such as undergraduate degree photocopy, adhar card, government-issued ID and more. 
  4. Then the university will send you the mail of instructions on how to proceed with enrollment.
  5. After the enrollment process pay the required fees to confirm your seat in the program.
  6. Once your seat is confirmed, you’ll receive login details to help you access the online learning platform. 
  7. After completing all the formalities, you can start attending online classes as per the academic schedule provided by the university. 

Online MBA syllabus 

Core Subjects

Strategic  Management

Business Ethics

Marketing Management 

Organizational Behavior

Leadership and Management

Financial Management

Financial Accounting

Managerial Accounting

Business Statistics

Information Technology Management

Corporate Social Responsibility 

Operations Management 

Human Resource Management

Microeconomics/Macroeconomics

Advantages of pursuing an Online MBA program

There are numerous advantages to pursuing an online MBA. some of the key advantages include:

  1. Flexibility is one of the most significant advantages of an Online MBA. It offers students to access course material and attend online recorded classes anytime anywhere according to their schedule and convenience 
  2. An online MBA program is more affordable than the traditional MBA programs. Universities even offer easy EMI options to students, which help them get rid of their fee burden. 
  3. Online MBA programs have made education accessible to everyone, as they break down geographical barriers allowing students from any part of the country or even international students to enroll in top Universities without having to relocate. 
  4. Online MBA provides incredible networking opportunities, as you connect with students from different regions and professional backgrounds, which can lead to career advancement and new business opportunities. 
  5. Many Universities offer students to complete their Online MBA degree in 2 to 4 years according to their schedule and pace, this is particularly beneficial for working professionals, who may not have a constant study timetable. 

Online MBA Specializations in Demand 

Choosing the right specialization is crucial for maximizing the benefits of an MBA program, Here are some top specializations in demand. 

 

Top Universities Offering an Online MBA in India

Several renowned universities in India offer online MBA programs that are recognized and approved by UGC-DEB, AICTE and NAAC. 

  • Indian School of Business (ISB)
  • Indian Institute of Management Calcutta (IIM Calcutta)
  • Symbiosis Centre for Distance Learning (SCDL)
  • Indira Gandhi National Open University (IGNOU)
  • Amity University Online
  • Sikkim Manipal University Online
  • Chandigarh University Online
  • LPU Online
  • SVSU Online
  • D Y Patil Online University
  • Jain University Online
  • Manav Rachna Online University
  • Suresh Gyan Vihar Online University
  • Xavier School of Management (XLRI)
  • Indian Institute of Management Bangalore (IIM Bangalore)
  • Faculty of Management Studies, University of Delhi (FMS Delhi)
  • SP Jain Institute of Management and Research (SPJIMR)
  • Indian Institute of Management Ahmedabad (IIM Ahmedabad)
  • Narsee Monjee Institute of Management Studies (NMIMS)
  • International Management Institute (IMI)
  • Institute of Management Technology (IMT)
  • Xavier Institute of Management Bhubaneswar (XIMB)
  • Great Lakes Institute of Management
  • UPES online University
  • Swami Vivekananda Subharti Online University

Conclusion 

Online MBA is a popular choice in 2024, as it fulfils all the requirements a fresh gradaute and working professionals need in this dynamic landscape, it can be a game-changer for your career, offering the flexibility, affordability, and quality education you need to grow in today’s competitive job market. If you’re ready to take the next step in your career, don’t wait. Explore the top Online MBA programs today, and choose the best one that aligns with your future goals, and other requirements. 

Frequently Asked Questions

Generally, the duration of an Online MBA program is 2 years (24 Months), but some universities offer flexibility to the students to complete the degree in 2 to 4 years, according to their pace and schedule. 

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There are multiple Online MBA specializations which are offered by the university, but the most in-demand specialization is an online MBA in Marketing Management. 

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The average course fees for an online Master of Business Administration in India may vary depending on the specialization and university offering the program, generally the average Online MBA program fees range from INR 50,000 to INR 1,00,00 per year. 

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