Technological advancements have substantially changed business and industry during the last decade. Modern workplaces also need to meet higher standards. In addition, employers are increasingly seeking candidates for leadership and management positions. In recent years, there has been an increased demand for online MBA programs. For working professionals, an online MBA provides convenience, as they can complete their management education while still working. Online MBA courses are available at the best educational institutions throughout the world for qualified candidates.
It is therefore possible for you to achieve a business management degree in a non-traditional way as well. Remote learners and working professionals can learn at their own pace through the online mode. The top institutes in India offer online MBA programs and attract faculty from prestigious universities around the world.
As a result of accreditation, the content and delivery of the program meet academic and professional standards. People are realizing the advantages of online MBAs compared to regular ones today. Learners can complete their MBA online at their own pace depending on their work/life commitments.
Best Online MBA Courses
MBA (Global), Deakin Business School (DBS)
With dual accreditations from Sydney’s DBS and Ghaziabad’s IMT, this two-year online MBA is becoming a popular choice among MBA applicants. A Deakin B-school is also ranked among the top 1% worldwide. Diverse topics are included in the program, such as Business Growth Strategies, Strategic Thinking and Planning Abilities, Integrated Business Strategy Formulation, Design Thinking, Change Management, Financing Strategies, and International Business. Mentorship and networking opportunities are provided as part of the online MBA program. The MBA degree will enable you to land high-profile roles in Marketing, Finance, and Sales such as Management Consulting, Strategy, Operations, Business Development, and HR Management. This is one of the top online MBA programs.
MBA in Digital Finance & Banking, Jindal Global University
Aspirants seeking to enter the BFSI sector should consider this two-year online MBA program in Digital Finance & Banking. There are topics covering Fintech Ecosystem Management, Financial Management & Valuation, Blockchain & Cryptocurrencies, Data Visualization in Finance, Digital Fraud & Risk Analytics, and Design Thinking & Leadership.
Among the best online MBA courses in India, DFB offers this program. If you have a full-time job and would like to pursue an MBA, online MBA courses are best for you.
The present BFSI industry, which is undergoing a rapid digital transformation, is extremely relevant to all of these fields. Furthermore, this online MBA program includes live assignments, case studies, mock interviews, resume building sessions, and peer-to-peer networking opportunities.
MBA, Liverpool Business School
This online MBA program is offered by UK’s Liverpool Business School and includes a week-long immersion program at the university. There are several specializations available in this MBA program, including Marketing, Finance, Operations, Strategy & Leadership, Analytics.
A range of MBA modules is available online, including Digital Business Innovation, Business Growth Strategies, Marketing Strategies, Leadership, Strategic Thinking & Planning, Engagement and People Performance, Risk Management, and Leading Change for Sustainable Futures. During the MBA program, you receive career and mentorship support from industry leaders. IMT Ghaziabad will also award you the PGP in Management credential if you successfully complete the course.
MBA -BA, NMIMS Global Access School
The Executive MBA program offers Business Analytics specialization over 15 months. Offering a great balance between work and studies, it is designed specifically for professionals. With this online MBA course, you can learn and gain exposure at par with on-campus MBA programs.
With this online MBA program, you will learn core management skills and how to apply them to areas such as Economics, Finance, Marketing, Human Resources, Operations, and Supply Chain management. One of the course highlights is the opportunity to network offline, interact with mentors one-on-one, and complete a three-month industry-driven capstone project. MBA graduates can choose careers such as Growth Manager, Business Consultant, HR Manager, and Finance Manager.
Master of Business Administration (General), Chandigarh University
It is a two-year course with a six-month internship and three personalised tracks for job seekers, self-employed individuals, and students preparing for competitive exams.
Students can choose between Finance, Human Resource Management, International Business Management, and Marketing Management as electives. In addition to these subjects, the program includes Strategic Management, Design Thinking, Innovation and Entrepreneurship, Business Environment and Regulatory Framework, Industry Analysis and Company Profiling, and Project Reports.
The first and second semesters, on the other hand, feature subjects such as Marketing Management, Business Economics, Business Communications, Financial Management and Accounting, Quantitative Methods, Management Information Systems, Management Practices and Organizational Behavior, Corporate Finance, Basic Analysis through Excel, Digital Marketing, Research Methodology, Operations Management, and Human Resource Management. Among the highlights of the course include teaching assistant support, 360-degree career guidance, and peer learning opportunities from exposure to upGrad’s 40,000+ learners.
Why choose an online MBA course?
An undergraduate degree is no longer sufficient on today’s competitive job market. Recruiters are looking for qualified, skilled candidates who can help companies achieve their goals. Nearly 77% of US companies plan to hire MBA graduates, according to a survey conducted by the Graduate Management Admission Council (GMAC). Asia Pacific has an increasing need for specialized business master’s graduates.
A benefit of attending an online MBA program is that they encourage the overall grooming of a candidate – not only do you gain industry-specific knowledge and skills, but you learn the ins-and-outs of business management as well. You can pursue an MBA online at your own pace and at a cost-effective rate.
MBA graduates are well suited for a wide range of jobs in a wide range of industries. You can also advance into a leadership role in your current organization through online MBA courses in India. In addition to expanding your knowledge and skill set, it can also boost your confidence to make a career change. Taking online MBA courses also allows you to pursue global courses without relocating.
Hiring Trends for MBA candidates
Global 100 companies rank among the top recruiters. Business graduates find employment not only in large corporations but also in startups, nonprofits, and smaller organizations. As such, online MBA programs in India open doors to big corporations as well as to startups. Energy and utility companies, healthcare providers, and business consulting firms are among the leading industries hiring MBAs.
MBA programs online are designed to build your business skills and prepare you for success as a manager and leader in your chosen field. Consequently, you can concentrate on a specific aspect of business within your program. Online MBA programs in India offer specializations in information technology, supply chain management, marketing, economics, etc. Marketing and economics are the most desired expertise in Asia and the Pacific, while IT is the top choice in Europe. The way corporations recognize online learners is an advantage of online MBA courses. It is especially true when you gain your knowledge from an accredited university. GMAC also found that public for-profit corporations and Fortune
Online MBA Courses in India: Trends in MBA Job Functions
MBAs typically lead marketing efforts in the manufacturing and service industries. Graduates of business administration programs are often employed in marketing or finance roles in healthcare. Depending on the organization’s size, they tend to fill strategy positions in large companies, as well as sales and business development positions in smaller startups.
Starting Salaries of MBAs in Different Sectors
Starting salaries for new MBA hires will be double those of their undergraduate counterparts. Online MBA programs in India allow you to enter a wide range of fields, including consulting, consumer products, and finance.
The projected annual salary of MBA talent in consulting was $135,000 in 2019, followed closely by finance and accounting, with $125,000. A bachelor’s degree graduate earning $55,000 base salary can expect to earn $105,000 in products and services. Other factors that affect earnings include company size and location.
Syllabus of Online MBA Courses
The goal of each online MBA program in India is to equip graduates with basic knowledge of business and core competencies necessary for success in the workplace. Listed below are a few master’s level business administration subjects and how they relate to the workplace.
Financial modeling: Analyzing financial statements; determining the value of money; calculating cash flows and the time value of money.
Strategic marketing: Developing customer profiles, assessing the needs of customer segments, developing go-to-market strategies, and formulating pricing and promotional strategies based on data.
Corporate communications: Providing information in a way that is easily understood by diverse business stakeholders; delivering the intended message effectively through written, oral, and mixed media
Organizational behavior: Developing strong relationships with colleagues and team members; leading cross-functional teams; managing subordinates; promoting the organization’s culture.
Ethics and compliance: Ensuring that projects are in compliance with regulatory requirements; identifying ethical issues and suggesting solutions; ensuring transparency to reduce risks
What you can do with an online MBA Course
Here’s where all that working knowledge can lead you. If you complete an online MBA course in India, you can choose to work in diverse economic sectors and roles. With an advanced degree, you can pursue some of the following senior-level positions.
Marketing Manager: Managing an organization’s advertising, marketing, and sales efforts is the job of a marketing manager. As an alternative, you can be assigned to oversee a particular service or product. Market research analysts and content creators are also needed in advertising agencies. One of their responsibilities is to report to company executives about the campaign’s success.
Communications Directors: By implementing different messaging strategies, these professionals enhance the overall image of an organization. A public relations specialist oversees news releases, organizes press conferences, and communicates with the media to coordinate public relations, advertising, and social media campaigns.
Director of Business Operations: They ensure that business operations are efficient and effective by planning and implementing strategies. To maintain the standards of production and delivery of a product or service, the Director of Business Operations collaborates with top executives and fellow managers.
Chief Compliance Officers: Audits and reviews are conducted to ensure compliance with regulatory and policy requirements. Also, chief compliance officers investigate possible misconduct and take appropriate measures to resolve compliance risks.
Sometimes, you may need additional credentials in order to transition into a specific role. Employers in a few sectors expect appropriate licensing, even if it is not required by law.
Frequently Asked Questions
Q. Which MBA is best in upGrad?
Ans. Global MBA offered by Deakin Business School is one of the best online MBA course in UpGrad. In partnership with Australia’s DBS and IMT Ghaziabad, Deakin Business School offers the two-year MBA (Global) program online. Besides the fact that Deakin is ranked among the top 1% of B-schools worldwide, this program gives you a dual credential – an MBA from DBS & a PGPM from IMT.
Q. Is a virtual MBA worth it?
Ans. Students who want to work while earning a degree can’t take daytime classes in many traditional MBA programs. With the ability to work while earning an MBA, an online MBA is a very good investment for professionals who receive MBA funding from their employer.
Q. Is upGrad UGC approved? (upGrad online MBA)
Ans. To provide young Indians with a 360-degree university experience online, we have partnered with universities to provide them with degree courses recognised by the University Grants Commission (UGC) and World Education Services (WES).
Q. Is it worth doing global MBA?
Ans. An MBA can help you broaden your career opportunities by opening doors to a range of exciting job prospects. MBA is an internationally recognized postgraduate program, so acquiring one from a renowned institute can add value to your portfolio.
Q. How hard is it to get an online MBA?
Ans. Online MBA programs are almost certainly easier to get into than traditional MBA programs. A 2012 study by the Graduate Management Admission Council found that conventional MBA programs had a higher median acceptance rate than full-time MBA programs at 45 percent.
Q. Does online MBA provide placements?
Ans. Yes, an online MBA does provide placements.
Q. Is online MBA worth valuable?
Ans. Online MBA programs have the advantage of being flexible, making them a good option for those who plan to work while studying.