An online MBA is one of the most trending courses but is highly surrounded by doubts and confusion about whether it is worth it or valued in the industry. MBA Online Courses certainly have their pros and cons but it does not mean that they are not valid. On comparing it with a regular MBA program, you will feel that there are not that many differences between the two as presented in the market.
In this post, we will be discussing more about an online MBA and how is it preparing today’s business executives to become tomorrow’s leaders. You will also see a comparison between an online MBA and a traditional MBA. If you are planning for this online master’s program, do give it a read as it will help you choose an authentic university for this program.
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How Does an Online MBA Differ from a Traditional MBA?
- In an online MBA, you will have the chance to skip the travel to your college or university as it will be 100% online. Starting from classes, and assignments, to exams, everything will be delivered in online mode only saving you both time and money. On the other hand, a traditional MBA demands a full-time commitment that requires you to attend physical classes as scheduled.
- With an online MBA, you will have access to global industry experts who will strengthen your professional network and help you reach the global job market with full confidence. Whereas, in a regular MBA program, you can only develop connections with your university’s faculty members and guest lecturers.
- Comparing the ROI of an online MBA and a regular MBA program, it is quite high in the case of an online MBA program. Moreover, the side-by-side on-field experience of online MBA graduates makes them more appealing for management positions in decent firms.
Who Should Do An Online MBA?
The straightforward answer to this question is that anyone interested can do an online MBA, but there are some specific categories of people for whom this program can be a blessing!
- Candidates living in a rural or outer area where it is difficult to find good management colleges.
- Working professionals who want to avoid taking a 2-year break from their careers.
- Candidates who cannot afford the expensive course fee of a regular MBA program.
- Specially abled people who cannot commute daily to their colleges.
How An Online MBA Prepares You For the Industry?
- An online MBA prepares learners with an in-depth understanding of the management world. It allows them to implement the concepts they have learned in the practical field at the same time by making them continue their work.
- An online MBA equips learners with digital literacy. It makes them friendly with the digital platforms and technical tools as their classes are conducted using them.
- Even while studying the core management topics from your home, you can connect with corporate mentors and industry leaders who will guide you in deciding your career path.
- An online MBA not only teaches management concepts but also self-discipline and time management. Since this online program is pursued by candidates who have some routine commitments of jobs or studies, they will learn how to manage their time to successfully complete this course with other obligations.
Will a distance MBA have the same impact on my career?
A distance MBA is another mode of flexible MBA which has been there in the industry for quite a long time. IGNOU and DUSOL are the two renowned universities offering this program. A distance MBA will also bring in similar career opportunities as that of an online MBA as both are UGC-DEB-approved programs but the level of flexibility is limited in the case of a distance MBA. Moreover, the global networking opportunities will also be restricted in a distance MBA program.
Why Take Admission To Online MBA Through College Vidya?
College Vidya is an online education platform that guides online learners to choose an authentic and good university within their budget. They have listed 100+ government-approved universities offering online courses. They even have a list of IIMs offering online programs without a CAT score.
Using their AI-based comparison tool, you can get a list of shortlisted universities as per your need. Their counselors guide you through this journey of college selection by answering all of your doubts. If you take admission through College Vidya, you will get financial help of up to INR 10,000 on your course fee under their “CV Subsidy Scheme.” Even after taking admission through them, you will have the advantage of availing of their post-admission services, access to job and internship portals, and be a part of their CV community to engage with online learners around the world.
Conclusion
Looking at the advantages of doing an online MBA, you must have developed an idea of its impact on your career. However, before jumping to any conclusion, verify your selected university thoroughly as it plays a vital role in what your management career will look like after completion of an online MBA from a particular university.