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Online MBA: Eligibility, Fees, Career & FAQs
Online MBA (Master of Business Administration) is a PG program that is conducted online with a duration of 2 years. In this program, students learn the managerial skills that assist in running a profitable business, like finance, marketing, leadership, and management. This program is getting popular among working professionals due to the flexibility and affordability it provides. Even though all the specializations are available in online mode too.
Decent placements are provided by the universities from the 3rd semester. The whole program is conducted online, from registration to placement. Fees are much lower than those for offline programs here. Students take classes from experienced faculty on weekends.
Let’s explore some valid reasons to pursue an Online MBA
Flexibility – Online programs provide students with flexibility when taking classes. Students get recorded sessions so that they can complete their pending sessions.
Affordability – This program costs less than the offline programs; that’s why students are inclined towards it more. Universities provide No-cost EMI facilities to students who cannot afford the fees yearly or even semester-wise.
Placements – Universities provide placements to pass-out students from the 3rd semester. Students are offered an average salary of Rs 6 LPA. It depends on the skills, knowledge, projects, and the university of the student. If the student has a strong command of his field, then he can get more than this.
Studying in their place – Another appealing feature is that students do not have to go to college to take classes or examinations. They can access the whole course, from registration to placement, from their willing place.
Global Acceptance – According to the UGC guidelines, both degrees are equal in status. Whether you have an online or offline degree. And students can settle abroad for work purposes if they have plans.
Time freedom – Students can pursue their master's while working full-time jobs. The courses are particularly designed for working professionals. That’s why classes are scheduled on the weekends (Saturday and Sunday) only.
Training program – Universities provide 25-plus days of training programs to the students therein students interaction with the industry experts who have been serving here for several years. Hence, students get the overall picture of the demands of the industry by exchanging ideas with the experts.
This course provides in-depth knowledge regarding business management, human resource management, business ethics, etc.
There are various new specializations introduced according to the need of the hour like AI, Digital Marketing, Business Analytics, Data Analytics, Fashion Management, etc.
Universities provide a No-cost EMI option for those who cannot afford the fees to pay semester-wise. So that they can easily afford it.
Students can also work abroad based on their recognized university.
This course provides flexibility to its students in taking classes because they are mostly working professionals.
Marks – Minimum 45% in graduation from any recognized university in any discipline.
No entrance needs to be cracked for admission. Students are welcome here from any discipline after having the required marks.
3 hours – Weekends (Saturday and Sunday)
30 mins – Doubt session
Exams are conducted online, too, under the surveillance of a proctor.
Assignment – 30 marks
Exams – MCQs (50 marks) + SAQs (20 marks)
The subject curriculum depends on the university and the specialization of the student.
So, we took the example of Amity University to get an overall idea.
Managerial Economics
Statistics for Management
Professional communication
Accounting for Managers
Marketing Management
Legal Aspects of Business
Business Research Methods
Financial Management
Human Resource Management
Conflict Resolution and Management
Strategic Management
Minor Project
Professional Ethics
Major Project
Management in Action: Social, Economic, and Ethical Issues
Digital Marketing
1) Can you share an incident where you solved a problem using your knowledge?
3) What’s your way to stay updated with the industry trends and updates?
4) Why are you interested in this role?
5) Do you believe that after an MBA, you are ready for leadership roles?
7) Can you describe a time when you had to work with a diverse team?
8) Why are you interested in this role?
9) How do you manage the tasks under pressure?
10) Which management style do you follow?
Those students who cannot afford to pay their fees yearly or semesterly
but want to pursue an MBA may go with the No-Cost EMI option.
The university divides its course fees into monthly portions.
These EMIs are interest-free.
Before being admitted to any university, it's common to have concerns about whether it’s the right choice. To ensure your decision, you must go through the following details:
NIRF – You can check out the NIRF (National Institution Ranking Framework) of the university. It is the ranking of the universities given by the government of India on multiple standards.
NAAC – It is the department of UGC that evaluates the Universities on various factors through the assessment. So, we can say that NAAC-verified universities are highly trusted and valuable.
Fees – You can compare the fee structure of multiple universities and select which provides more value for lesser fees.
Alumni – You can contact the alumni of the particular university in which you are interested to get real insights about the university.
Free Counselling – Apart from the above steps, you can simply book a free counselling session with our expert counsellors to get the right guidance.
Check out the official website of the university and get the eligibility criteria.
Step 1: Check out the requirements
Before applying to the university, students have to make sure of the eligibility and requirements of the university and get the required documents in appropriate sizes and formats.
Step 2: Fill out the form
Then, cautiously fill out the application form. Fill up the details properly like Name, Qualification, Identity, and others.
Step 3: Upload the documents
Upload the required documents properly. They must be clear to view.
Step 4: Verify and Submit
Before you submit your application, give it a thorough review to ensure all the details are just right.
Step 5: Choose the payment option
There are 3-4 payment options: time, yearly, half-yearly, and Monthly. Now you have the freedom to pick any option.
Step 6: Pay the amount
Then, pay the amount according to your payment option.
Step 7: Save the transaction details
After submitting the form, students get an Email from the university on their registered Email ID. Therein, their transaction details are mentioned, keeping them safe for future reference.
1. Is an online MBA program worth it?
Ans. Yes, an MBA is one of the most pursued courses worldwide. It teaches you skills that are important to run a successful business.
2. Can a student from a tech background pursue an online MBA?
Ans. Yes, students from any stream or background can pursue an online MBA.
3. Is there any entrance test required to get admission?
Ans. No, any student can get admission without taking an entrance test.
4. Are online degrees UGC approved?
Ans. Yes, it depends on the university. If your degree is approved by the UGC.
5. Do online universities provide placements?
Ans. Placements start from the 3rd semester.
6. Is an online degree valid?
Ans. Yes, an online degree is valid and very convenient for working professionals.
India has a net of 9.6 Million students that will enroll in online education by the end of 2024. Still, the online education sector in India is unorganized and students face a lot of difficulties in getting information on it. College Drishti aims to tackle the current difficulties of students. College Drishti is India's first online platform that brings you all the online universities at a single platform.