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MBA India’s Top University
What is online MBA?
Online MBA is a two-year online degree program in Business Administration that is beneficial for those who cannot afford relocation and money to take offline MBA classes. Many working professionals prefer online MBA courses since they have the liberty to complete the MBA degree from their place and time of convenience.
This two-year master's degree in business administration can be completed online. Some colleges may ask students to visit the campus within the term for workshops and cultural understanding of the institute. However, there is no need to regularly visit a physical campus when it comes to online MBA degree courses.
The biggest advantage of an Online MBA is its flexibility and convenience of completing it from any other location at your own pace. An online MBA degree allows students to connect to live sessions and rewatch pre-recorded sessions for their convenience.
The popularity of MBA online courses in India has skyrocketed in recent years. Numerous B-schools, including the Indian Institute of Management (IIMs), have started offering the online MBA degree in response to its increasing popularity.
There are several degree courses in Online MBA programs including MBA in digital marketing, human resources, marketing, healthcare and finance among other fields. Online MBA graduates have the opportunity to opt for managerial jobs in several domains based on their MBA specialization.
Online MBA Highlights
There are several colleges offering online MBA programs in India. Students can take admission to online MBA courses to gain and upscale their managerial skills. The following table provides a quick look at the details of online MBA courses:
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Features
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Details
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Course Name
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Online MBA
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Course Level
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Post-Graduation
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Online MBA Duration
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2 years
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Online MBA Eligibility Criteria
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Graduation with a minimum 50% score
Work experience (for some programmes)
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Entrance Exams
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CAT, XAT, MAT, SNAP, and GMAT (for some colleges)
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Online MBA Admission Process
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Merit/entrance exam based
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Top Online MBA Specializations
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Operations Management, Finance, Human Resource Management, Marketing
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Why Opt for Online MBA Courses in India in 2024
Here is why you should opt for online MBA degree courses in 2024:
1. Online MBA degree courses help in gaining several skills that are useful for people in managerial positions. After completing an MBA degree, people gain leadership skills that help them lead and manage people.
2. By pursuing online MBA courses, professionals can upscale their careers and improve their chances of being promoted to managerial positions.
3. Another advantage of an online MBA course is that it offers the flexibility of studying from any location of convenience and at your own pace.
4. Top online MBA programs are beneficial for working professionals since they can continue working while studying.
5. The ROI of enrolling in an MBA degree is quite high as MBA graduates enjoy high-paying jobs which is why it is preferred by many professionals and students.
6. Online MBA faculty is the same as that of regular MBA programs. This ensures that everyone is getting the opportunity to learn from the best professionals.
7. The fee of an online MBA is less than the fees of a regular MBA but it has the same and equal value as regular MBA among employers.
Who Can Enroll in Online MBA?
Aspirants who fulfill the below-mentioned criteria can plan to enroll in an online MBA program:
• Working professionals (The required minimum work experience varies from university to university. Please check the university's website for more information).
• Students who have completed their graduation and are interested in pursuing an MBA from reputed universities without relocating.
Online MBA Eligibility Criteria
Aspirants need to fulfill the following criteria to be eligible to enrol in online MBA degree courses:
- The minimum aggregate score in graduation may vary for different colleges. In most cases, one must have scored at least 50% (45% for SC/ST) at graduation level.
- Some colleges also take into consideration scores of MBA entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Symbiosis National Aptitude Test (SNAP), etc.
- Some colleges consider candidates with work experience for online MBA courses.
- There is no age limit for admission to an online MBA course.
Specializations in Online MBA Courses
Like any regular MBA, aspirants can also opt for specializations in online MBA degree courses. Here is a simple way to choose the specialization in this master's degree in business administration:
• Graduates who are directly enrolling in online MBA degree courses can opt for the specialization in which they further want to build a career.
• Working professionals can choose a specialization that will upscale them in their current roles.
Here is a list of popular online MBA specializations:
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General Management
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Marketing
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Human Resource Management
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International Business
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Operations Management
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Information Technology
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Finance
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Digital Marketing
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Business Analytics
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Data Science
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Retail Management
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Project Management
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Supply Chain Management
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Entrepreneurship and Leadership
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Banking and Finance
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Hospital & Healthcare Management
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Quality Management
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Event Management
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International Finance
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E-Commerce
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HR Analytics
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Business Intelligence & Analytics
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Integrated Marketing
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Digital Entrepreneurship
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Retail Banking
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Applied Finance
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Online MBA Syllabus
The syllabus of online MBA programmes is designed by industry experts. It covers the same topics as taught in other full time MBA programmes. Only the mode of lectures changes. The topics covered within online MBA help students in developing fundamental and advanced managerial skills. Students also learn financial management, business laws, and entrepreneurial skills. The detailed information about the online MBA curriculum is as mentioned below:
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Semester
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Subjects
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First Semester
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Management Process and Organizational Behavior
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Statistics for Management
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Managerial Economics
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Human Resources Management
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Financial and Management Accounting
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Business Communication
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Second Semester
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Financial Management
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Production and Operations Management
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International Business Management
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Project Management
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Marketing Management
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Management Information System
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Third Semester
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Research Methodology
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Legal Aspects of Business
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Any of the 4 electives amongst Marketing, Finance, Analytics and Data Science, Operations Management, International IT and FinTech, System Management, International Business, Supply Chain Management, Project Management and Human Resource Management.
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Fourth Semester
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Strategic Management and Business Policy
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International Business Management
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Business Leadership
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Projects
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Any of the 4 electives amongst Marketing, Finance, Analytics and Data Science, Operations Management, International IT and FinTech, System Management, International Business, Supply Chain Management, Project Management and Human Resource Management.
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Career Options after Online MBA Specializations
Online MBA graduates have several career opportunities based on their specialization. Here is a list of popular career options after online MBA degree courses along with the average salary in the market
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Career Path
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MBA Specialization
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Product Manager
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Product Management
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Supply Chain Program Manager
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Supply Chain Management
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Marketing Manager
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Marketing
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Project Manager
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Project Management
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Sales Manager
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Sales and Marketing
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Operations Manager
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Operations Management
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Finance Manager
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Finance
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Financial Analyst
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Finance
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Investment Banker
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Finance
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HR Manager
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Human Resources Management
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Brand Manager
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Marketing
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Healthcare Administrator
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Healthcare Management
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Clinical Research Manager
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Healthcare Management
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While a traditional MBA has been one of the favourite choices of most students as well as professionals, an online MBA has become a popular alternative since it overcomes many limitations of a regular MBA. Nowadays, most employers are accepting online MBA degrees as valid and equally good as any other regular MBA degree. Due to no restriction to relocate and being affordable, this online MBA degree course is a better choice to opt for in 2024.
In conclusion, earning an MBA degree can provide a significant boost to your career growth and open new opportunities. However, maximizing the benefits of an MBA program requires more than just earning good grades.