What is the scope of an online MBA?
The popularity of online education in management fields has increased in the past few years and has become one of the preferred routes for working professionals and for those who want to advance their careers through management degree programs. MBA comes in several specializations and each specialization serves a specific purpose for career scopes. Students can easily choose the one according
to their career goals and future.
Master of Business administration is a two-year program in online mode also but a student will get various types of flexibility as per their institution laws. In an online MBA, all the works and lectures need to be attended from the comfort of your home. Today, the demand for online MBA has increased significantly just because of the validity of the course just as regular MBA. There are many job opportunities in various
sectors for online MBA graduates. Candidates in large numbers usually get placements right from the
placement cell of B-Schools and institutions but they can also search for the desired job opportunities online because recruiters are very active online as many companies also prefer Work From Home after pandemic COVID-19.
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Career opportunities in Various Sectors of Management
Students of online MBA can easily get managerial positions according to their skills and education in the
particular specialization in which he/she has taken education from B-School or any institution. Some of
the top departments for MBA graduates are:
● Banking and Finance
● HR Management
● Logistics
● Supply Chain
● Information Technology
● Insurance
● Entrepreneurship
● Customer Support
● Accounts department
● Operations Management
● Business Operations etc
Online and Regular MBA: What are the Differences
Generally, there are three kinds of MBA programs: Regular, distance and online education. Today, virtual
education is highly preferred because the course is completely valid by the University Grants Commission
and DEB. There are many top institutions in the country that deliver this program on a priority basis and a
number of students have enrolled in this course.
If we talk about the differentiation between online and regular MBA degree courses, then we find various
points:
In regular MBA, students are required to take classes regularly by visiting the college campus in person.
Also, they have to fulfil/her attendance in order to be eligible to appear for the examinations. Apart from
these things, they need to submit their respective MBA projects and attend workshops and lectures as
per the regular college rules. There is no flexibility in education.
On the other hand, the online MBA is very different where the students need to attend a classroom
virtually from any corner of the world, but for the same, they need their own laptop, and smartphone with
a stable internet connection.
Here, there is no foundation of time as students can easily attend their classes freely. In the online mode
of learning, B-schools and universities also provide LMS or Learning Management System, e-Content
and other online study materials to facilitate students in a well-planned manner. Students need to attend
their classes virtually where they can interact with their peers, and teachers and take appropriate
guidance from them.
It’s very interesting that in both the modes, syllabuses are quite similar just because of the similarity of
degrees provided to the students of both study modes. The course structure is very comprehensive in
nature and interested candidates can apply online using the respective web portal of the university.
Semesters
In both the education systems, there are a total of 4 semesters to be covered in two years of minimum
duration. In online mode, students are provided with the flexibility of the upper time limit for the completion
of the programme. Candidates are required to complete all the semesters included in their course of
study in order to be eligible for the award of a degree. If we talk about examinations, then students are
provided with the choice of selecting an examination centre as per their comfort. For exam related
queries, they need to contact the regional centre of the university they are associated with.
Advantages of Online MBA
A regular master’s degree program in management usually has a higher fee structure that is beyond the limit of most families as it costs many lakhs. On the other hand, the fee for online education costs very low as there are many universities in India that provide cost-effective MBA programs with quality Education like IGNOU, Jain Online, Chandigarh University etc. Online MBA low-cost fee attract lakhs of students in the management segment. On the completion of the course, students get many career opportunities in various sectors. Most of the students are placed in top positions and play a leading role in many organizations. It depends on the skills and knowledge achieved during the MBA program.
In online education, students have the choice to learn various types of skills with flexibility in education. It’s upon them how they grasp knowledge for the advancement of their career.
Getting an MBA degree online prepares students for various opportunities and thus aids in the
advancement of careers professionally. After completing the program, candidates can easily hold top positions in business domains and other fields. They have to manage their respective departments for the
best output that helps the growth of the organization. Online MBA is very beneficial for working
professionals too because, with this education, they can get promotions in their careers by creating a perfect balance between their personal life and career. With online learning, they don’t need to quit their job for the best career growth. Also read: 10 Top Career Options after MBA:
What to do After MBA? An MBA graduate can become a business owner too if he/she has learnt appropriate skills and training during their course of study. An online MBA degree is valid for private and govt jobs too as a candidate can easily hold various positions as per their skills and field of study.
For instance: if a student has completed MBA in Supply Chain Management, then he can easily hold various positions in dealing with and managing various activities related to delivery and supply chain. They can explore various job opportunities in the same field they have gained education or skills.
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