Online MBA: Fees, Courses, Eligibility, & Entrance Exam
Saurav Anand
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April 3, 2022
Online MBA
Online MBA is an advantageous method of ability improvement for working proficient without forfeiting their positions. As of late, Online MBA has acquired notoriety among experts and new alumni because of the adaptable idea of the course. With the progression in information association and speed, the constancy of individuals has expanded on Online MBA. Due to its trustworthiness on satellite (online mediums), it is otherwise called satellite administration program.
The best benefit of Online MBA is that it is adaptable and advantageous. It is likewise affordable and advancing. One can seek after the course from a college in one more city or country, without migrating. Online MBA course is generally a year program, which requires members’ commitment on ends of the week as it were. How about we investigate Online MBA exhaustively.
A few administration establishments in India offer Online MBA program. Peruse underneath, to have a lot of familiarity with Online MBA including top universities, charges, qualification models, course educational program, affirmation process, position, profession open doors and FAQs:
Course Name
Online MBA
Course Level
Post Graduation
Course Pedagogy
Online through video conferencing and Learning Management System (LMS)
Online MBA Course Fee
INR 50,000 to INR 5 lakh or more
Online MBA Eligibility Criteria
Graduation
Work insight (for certain projects)
Online MBA Admission Process
Merit/selection test based
Online MBA Duration
One year to two years
Number of Colleges
There are 170+ schools in India offering Online MBA
Top Online MBA Specializations
Deals, Marketing, Operations, Finance, Human Resources, Digital Marketing, Business Analytics
Online MBA Average Salary
INR 5 lakh to 6 lakh
Online MBA: Key Highlights
Online MBA course is great for working experts with a few years of work insight. By chasing after the Online MBA course, experts can give their vocation an update and improve their possibilities of quick advancement, better compensation bundle and better profession possibilities.
Online MBA is a high level variant of distance learning. In Online MBA, the talks are bestowed through video conferencing and the notes or accounts of talks can be conveyed in pen drives. One more benefit of Online MBA is that it is adaptable. The residency of the course can shift from one year to two years.
A portion of the gig profiles which you can get in the wake of finishing Online MBA are Corporate Associate, Portfolio Manager, Finance Analyst, Credit Risk Manager, Executive and Senior Executive, and so on.
Online MBA Eligibility and Entrance Exams
Qualification models for Online MBA is graduation from a perceived college. The base total score in graduation might fluctuate for various schools.
A few schools likewise think about scores of MBA selection tests like Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Management Aptitude Test (MAT), Symbiosis National Aptitude Test (SNAP), and so on.
A few schools additionally have the compulsory qualification standards of two-three years of work insight for Online MBA.
Online MBA Courses
The greater part of the administration establishments in India offer online MBA in the accompanying projects:
- Master in Business Administration (MBA)
- Post Graduate Diploma in Management (PGDM)
- Post Graduate Program (PGP)
- Executive Post Graduate Program (EPGP)
Like the full-time MBA, one can seek after a specialization in online MBA as well. One should pick an Online MBA specialization according to their area of work and involvement with a specific field to acquire greatest advantages from the course. Given beneath are some well known Online MBA specializations:
- Finance Management
- Healthcare Management
- Hospitality Management
- Digital Marketing
- Sports Management
- Business Analytics
- Human Resources
- Information Technology
- Innovation Management
- International Business
- Cybersecurity, Information Security Analysis
- Entrepreneurship
- Marketing Management
- Operations Management
- Public Administration
- Risk Management
- Advertising and PR Management
- Logistics and Supply Chain Management
- Sustainability Management
- Investment Management
- Managerial Economics
Top Online MBA Colleges: Fees and Courses
There are in excess of 170 online MBA universities in India. Following are 10 most well known Online MBA Colleges in India:
| College Name | Course Name | Course Fee (INR) |
|---|---|---|
| NMIMS Global Access School for Continuing Education, Mumbai | Online PGDBM in Banking & Finance Online PGDBM in Financial Management Online PGDBM in Supply Chain Management Online PGDBM Online PGDBM in HR Online PGDBM in Operations Online PGDBM in IT Online PGDBM in Marketing Management Online PGDBM in International Trade Online PGDBM in Retail Management Online MBA (Executive) | 95,000 |
| Symbiosis Centre for Distance Learning, Noida | PGDBA PGDHRM PGD in Supply Chain Management PGD in Business & Corporate Law PGD in Information Technology PGD in International Business PGD in Export & Import Management PGD in Customer Relationship Management PGD in Retail Management | 18,000 to Rs 30,000 |
| Amity University Online, Noida | Online MBA Online PGD in Finance & Accounting Online PGD in Public Accounting Online PGD in HRM Online PGD in Travel & Tourism Management Online PGD in Logistics & Supply Chain Management Online PGD in Advertising & Brand Management | 1.20 to Rs 1.50 lakh |
| SASTRA Deemed to be University | Online MBA | 81,000 |
| Dr. D. Y. Patil Vidyapeeth, Center for Online Learning | Online MBA | 1,30,000 |
Online MBA: Top Companies, Recruiters and Salary
Various global organizations employ experts with online MBA degree in different limits. Examine a portion of the top enrollment specialists for online MBA degree more seasoned:
Online MBA: Top Recruiters
- Amazon
- Croma
- Future Group
- ITC Hotels
- Philips India
- Raymonds
- Dependence Jio
- Taj Group of Hotels
- NTPC
- Blue Star
- Standard
- DHL
- ebay
- Grofers
- GSK Pharma
- Havells Limited
- HCL
- HP
- Settle
- Panasonic
- Jaguar
- Flipkart
- Snapdeal
- Zomato
The work jobs for a online MBA degree holder are like that of full-time MBA graduate. Be that as it may, the compensation of a online MBA degree holder might be lower when contrasted with a full-time MBA degree holder. There is a discernment in the business that full-time MBA is better compared to on the web or distance MBA program. Along these lines, this prompts distinction in the compensation part.
The compensation of a new MBA graduate can be in the scope of INR 5-6 lakh for each annum. Those all around working, can expect a significant addition in their compensation in light of the specialization that they picked during the online course.
Frequently Asked Questions
Q. Are their career opportunities after online MBA?
Ans. Yes, there are great profession opportunities after a online MBA. Yet, it relies upon the MBA College and course which you select. An online MBA degree from a presumed school can assist you with filling in your calling and get great compensation climb as well as senior assignment.
Q: What is the distinction between distance MBA and online MBA?
Ans. The significant contrast between distance MBA and online MBA is that in the previous, self-concentrate on material is normally shipped off applicants by post or up-and-comers need to gather from assigned concentrate on focuses, while in the last option, the review material is given on the web and classes are led through Learning Management System (LMS).
Q: What would it be advisable for me to remember while picking an online MBA course?
Ans. While picking a online MBA course one should remember, the course educational plan, school license, learning framework and teaching method, course charges and adaptability of classes and venture accommodation.
Q: What are the online MBA courses presented by IIMs?
Ans. About five IIMs offer online MBA courses in mixed mode. The courses are e-Mode PGP, Executive Post Graduate Programs (EPGP), PGP (Working Executive), EPGPX, e-MBA. Additionally Read: Online MBA courses presented by IIMs
Q: What is the charge design of online MBA?
Ans. The course charge of private establishments is on the higher side while the course expense of government organizations is on the lower side. The normal expense for online MBA programs is around INR 50, 000 to INR 1 lakh. Online MBA from unfamiliar college is costly.
Q: What are the selection tests for admission to Online MBA?
Ans. Some universities think about scores of MBA selection tests like Common Admission Test ( CAT), Xavier Aptitude Test ( XAT), Common Management Admission Test ( CMAT), Management Aptitude Test ( MAT), Symbiosis National Aptitude Test ( SNAP), and so on. A couple of establishments lead their own confirmation test for MBA course.
Q: What are the work jobs proposed to online MBA graduates?
Ans. The work jobs proposed to online MBA graduates incorporate HR Managers, Project Managers, IT Manager, Business Development Manager, ERP Consultants and Operations Research Analyst, and so forth.
Q: What are the specializations accessible in online MBA courses?
Ans. Some of the specializations accessible in online MBA are Sales and Marketing, Business Analytics, Digital Marketing, Data Science, Supply Chain, IT and Systems, Human Resources, Finance, Retail, and so forth.
Q: What is the confirmation interaction of online MBA?
Ans. Some of the foundations offering on the web MBA lead direct affirmation in view of the candidates’ scholastic foundation, while a few select competitors in light of confirmation test score.
Q: Is it important to have earlier work insight to seek after a online MBA?
Ans. It isn’t obligatory to have earlier work insight however it will be a benefit for the member if he/she has three to five years of work insight. Numerous Tier 1 organizations offering on the web MBA truth be told search for up-and-comers with work insight.
Q: What are the drawbacks of online MBA?
Ans. As you will not be going to actual study halls, you will not be getting openness to arrange of experts from various foundation. There is practically no extension for systems administration which is useful to acquire fast development in corporate culture. In addition, online MBA degree isn’t considered at standard with a full-time MBA degree in India, subsequently profession development is restricted