COVID-19 pandemic has harmed the world economy, disrupted healthcare infrastructures, and impacted learning institutions. Everyday tasks, occupations, and learning are still being carried out—only the methods have shifted to accommodate the latest environment. Schools, universities, and different educational institutions have redesigned their systems better to serve their students during the online delivery model.
So if you were hoping to get that extremely sought-after MBA degree, you do not require to put it on hold. Instead, you can pursue an online MBA degree in India amid pandemic restrictions. Here are the details.
An Overview of Online MBA
Both respected and internationally recognised, this degree focuses on developing the skills and knowledge necessary for careers in business. Students learn big-picture thinking, core elements of business management, and planned decision-making.
Core coursework for a virtual MBA includes economics, accounting, finance, marketing, management, and business law. In addition, specialisations may consist of international business, management information systems, business analytics, and real estate.
Online MBA Courses Fees & Duration
The average online MBA courses fees range between Rs. 60,000 and Rs. 4,00,000. However, the academic cost may vary as per the college, and you can pay through the entire payment method or in installments.
The duration of a program is two years and consists of four semesters of six months each. Students gain in-depth knowledge or understanding of various fundamental management aspects.
Online MBA Eligibility & Entrance Exams
Candidates should have done a degree from a recognised university. However, the minimum score in graduation may vary for different colleges.
Some colleges consider scores for entrance exams such as CAT, XAT, CMAT, MAT, SNAP, etc. Other colleges also have the fixed online MBA eligibility criteria of two-three years of work experience.
Now let’s dive into some reasons to pursue an online MBA degree program:
Flexibility: Compared to studying full-time in a traditional, on-campus course, earning a degree online provides much-needed flexibility to learners who are also building careers and looking after families simultaneously. In addition, this flexibility also allows learners to pick a school or program without any geographical limitations.
Networking Opportunities: Another benefit of an online MBA program is instant access to a broader network of experts and students from various backgrounds and locations. Students who earn their MBA degree online aren’t restricted by their proximity to the university campus and can interact with additional working experts from all over the country and in many cases the world.
Customisation: Students earning their degrees can often customise their course pace, deciding how many classes they take each semester. A unique benefit of getting an online degree is that students can design their degree through any one of many specialised concentrations.
Accredited same as on-campus program: The academic standards used by accrediting bodies to assess business schools apply to online and in-person formats. Additional criteria may be in place to ensure that MBA coursework is fully accessible to online students.
Improved technological skills: Another benefit of an online MBA is that it trains students to work effectively in remote teams and become more agile leaders. As a result, beginners and working professionals might benefit from pursuing an online MBA degree program. Among other things, the course will assist students in developing their managerial abilities and other vital skills, such as leadership, critical thinking, and decision-making.
These capabilities will help candidates to inspire creativity and innovation inside their firms, allowing them to propel their organisations to new heights. But, aside from that, enrolling in online courses can assist you in getting out of your comfort zone and exploring new ideas that might benefit the company’s development.
