Online MBA: Admission, Course, Fee, and More

In recent years, the popularity of online and distance MBA education has skyrocketed.  Online MBA programs are designed in such a way as to accommodate the busy working schedules of professionals and fresh graduates. It provides the same academic experience as a traditional MBA program. In this article, we will be exploring in detail online MBA programs their admission process, eligibility, course subjects, and more.

Online MBA: Admission Process

The admission process for online MBA programs differs across institutions, but typically, it involves the following steps:

• Prospective students are required to submit an online application form along with relevant personal and academic-related documents.
• Based on the eligibility criteria, the shortlisted candidates need to appear for management entrance exams like CAT/MAT/XAT/GMAT/GRE. However, some universities may waive the entrance exam criteria.
• Selected candidates are called for an interview either through online or offline mode to check their suitability for the program.
• After the interview, the final selected candidates are given the offer for admission.

Online MBA: Eligibility Criteria

The enroll in an online MBA program, the candidates need to fulfill these eligibility criteria:

• The candidate must have passed his graduation from any discipline with a minimum of 45% to 50% marks.
• The candidate must have passed his 10+2 from a recognized education board.
• Work experience is not mandatory to acquire admission to the program, However, it provides an added advantage to the candidate in learning concepts.

Online MBA: Course Fee

The total fee for an online MBA program varies according to college and university. In general, the cost of pursuing an online MBA program ranges from INR 70,000 to INR 2,00,000. Usually, the online format is much more affordable than the traditional MBA program.

Online MBA: Course Subjects

Online MBA programs cover a wide range of subjects to provide students with an in-depth understanding of business management. The core subjects include:

• Financial Management
• Operations Management
• Organizational Behavior
• Marketing Management
• Strategic Management
• Business Analytics
• Financial Accounting
• Entrepreneurship
• Business Ethics
• International Business
• Principles and Practice of Management
• Managerial Economics

Online MBA: Top Specializations

Students also get a chance to specialize in various domains. Some popular specializations of an online MBA program are:

• Online MBA in Finance 
• Online MBA in Operations
• Online MBA in HR
• Online MBA in IT
• Online MBA in Healthcare Management
• Online MBA in Agri-Business 
• Online MBA in Fintech
• Online MBA in Data Science
• Online MBA in Hospitality Management 
• Online MBA in International Finance

Online MBA: Top colleges and Universities

The list of top online universities and colleges for online MBA program are as follows:

• Amity University Online
• Jain Univerity
• IGNOU
• DU SOL
• DY Patil University Online 
• LPU Online
• Manipal University Online 
• UPES Online
• GLA University Online
• Chandigarh University Online 
• Kurukshetra University Online 
• Chitkara University 
• Manav Rachna University Online
• Graphic Era University Online
• MMU Online

Online MBA: Top Recruiters

The campus placement record of the online MBA colleges are very good. Top-tier companies come to recruit students for various high-earning job profiles. Some of the top recruiting companies are:

• Deloitte
• Wipro
• McKinsey & Company
• IBM
• Tata
• Procter & Gamble
• Johnson & Johnson
• Asian Paints
• J.P. Morgan
• Goldman Sachs

Online MBA: Average Salary Packages

The average salary package of an online MBA graduate can vary based on factors like work experience, job role, industry, and location. On average, the starting salary of an online MBA graduate can range from INR 8,00,000 LPA to INR 15,00,000 LPA. Various job profiles like investment banker, financial analyst, consultant, marketing manager, HR manager, and private equity analyst offer lucrative salary option to the students and professionals.

Online MBA: Advantages

Online MBA programs present several advantages, including

• Online MBA programs allow students and professionals to manage their personal and work commitments according to their own pace and time.
• These programs also provide a wide range of networking opportunities to students and professionals.
• Reputable online MBA  programs provide career services, including resume building, interview preparation, and job portal access.
• These programs are generally cost-saving as compared to traditional MBA programs.
• Online MBA programs offer high-earning salary chances to graduates and professionals.
• The curriculum of the online MBA program is regularly updated as per the university norms and industry standards.

Why To Consider College Vidya?

College Vidya is a premier unbiased ed-tech portal designed to provide the best online and distance education courses through their portal and exciting features. It has listed around 100+ UGC-DEB-approved universities and colleges. The portal operates on exciting 3C features which are:

• Compare: The compare feature allows the user to explore, assess, evaluate, and compare various colleges and institutes on various selection factors like fees, course selection, program outcomes, course structure, and latest syllabus, student review, specializations, faculty and university reviews, placement records, and more. 
• Counsel: College Vidya offers complete guidance and support to candidates via telecalling or through video conferencing. Users get unbiased support in choosing the right university and course that matches their academic goals.
• Connect: College Vidya has a CV Community, that helps in forging great connections among students, faculty members, industry experts, and alumni. Over 90,000 students and professionals have joined in the community. This community assists them with updates regarding mentorship programs and online webinars. It also provides them get the latest internship and job opportunities from well-known companies. 

In addition to these 3Cs, College Vidya also offers post-admission services to the enrolled students. Their post-admission services comprise academic support, library services, a cutting-edge LMS, technical assistance, research and project services,  student orientations, and placement help.

Conclusion

Online MBA programs have emerged as a flexible and suitable option for fresh graduates and professionals aspiring to progress in their careers in the business world. With their advanced subjects, diverse specialization options, and robust networking prospects, these programs offer an all-around education that prepares graduates and professionals for leadership roles in various industries.  It offers several benefits to the students including flexibility, networking prospects,  advanced career services, and much more. Online MBA are likely to remain a very popular choice for professionals and fresh graduates to upgrade their skills and business acumen. So take the next step and enroll in the online MBA program today.