What is an Online MBA?

Online MBA is a convenient mode of learning especially for working professionals who look to complete their management degrees without sacrificing their jobs. In recent years, with the advancement in data connection & speed, the reliability of people have increased on online MBA. Because of its dependability on satellite (online mediums), it is also known as satellite management programs.

online mediums

Online MBA course is ideal for working professionals with a couple of years of experience. The intention of doing this course is to give their career an upgrade and enhance their chances of swift promotions.

Online MBA is an advanced version of distance learning. The basic difference is that in an online MBA, the lectures are imparted through video conferencing and the notes can be carried in pen drives and recordings of lectures. Several management institutes in India offer Online MBA programs. The tenure of the course can vary from one year to two years.

Some of the job profiles which you can get after completing an Online MBA are Corporate Associate, Portfolio Manager, Finance Analyst, Credit Risk Manager, Executive and, Senior Executive, etc.

Online MBA Eligibility & Entrance Exams

Eligibility criteria for an Online MBA are graduation from a recognized university. The minimum aggregate in graduation may vary for different colleges.

Some colleges also take into consideration scores of MBA entrance exams such as Common Admission Test (CAT), Xavier Aptitude Test (XAT), Common Management Admission Test (CMAT), Management Aptitude Test (MAT), Symbiosis National Aptitude Test (SNAP), etc.

Online MBA Courses

Online MBA is offered in different formats including,

  • Master in Business Administration (MBA),
  • Post Graduate Diploma in Management (PGDM)
  • Post Graduate Program (PGP)

Popular Online MBA Colleges in India

Following are the most popular Online MBA Colleges in India. Students clearing an Online MBA from these institutes have an excellent scope in India.

  • NMIMS Global Access School for Continuing Education, Mumbai
  • Symbiosis Centre for Distance Learning, Noida
  • Amity University Online, Noida
  • Dr. D. Y. Patil Vidyapeeth, Center for Online Learning
  • Great Lakes Institute of Management
  • Symbiosis Centre for Distance Learning, Indore
  • Prin. L.N. Welingkar Institute of Management Development and Research – Online Distance Learning Centre
  • Karnataka State Open University
  • ITM University Online, Navi Mumbai
  • Indian School of Business Management and Administration, Hyderabad
  • Venkateshwara Open University, Pune

 

Institute wise Online MBA courses

Different online MBA colleges offer varied courses (MBA, PGDBM, and PGP) with specialization in diverse domains such as Financial Management, Human Resource Management, Marketing Management and Advertising & Brand Management, etc. Listed below are the courses offered by four of popular institutes in India for Online MBA.

  • NMIMS Global Access School for Continuing Education – PGDBM in Financial Management, PGDBM in Banking and Finance Management, PGDBM in Supply Chain Management, PGDBM in Human Resource Management, and PGDBM in Marketing Management, etc.
  • Great Lakes Institute of Management – PG Program in Business Analytics, Executive PG Program in Management, Post Graduate Program in Strategic Digital Marketing, Post Graduate Diploma in Digital Business
  • Amity University Online – PG Diploma in Advertising and Brand Management, PG Diploma in Investment Analysis and Portfolio Management, and PG Diploma in NGO Management.
  • Symbiosis Centre for Distance Learning – Post Graduate Diploma in Business Administration

Online MBA: Top Companies and Salary

  • Amazon
  • Croma
  • Future Group
  • ITC Hotels
  • Philips India
  • Raymonds
  • Reliance Jio
  • Taj Group of Hotels
  • NTPC
  • Blue Star
  • Canon
  • DHL
  • ebay
  • Grofers
  • GSK Pharma
  • Havells Limited
  • HCL
  • HP
  • Nestle
  • Panasonic
  • Puma
  • Flipkart
  • Snapdeal
  • Zomato

The job roles of an online MBA alumnus are similar to a full-time MBA alumnus. However, the salary of an online MBA holder may differ as compared to a regular MBA degree holder. In Industry, there is a perception that regular MBA is better than online or distance MBA. So, this leads to difference in the salary component.

The salary of a fresh MBA graduate can be in the range of Rs 5-6 lakh per annum, and for those already working can expect a considerable increment in their salary based on the specialisation that they chose during the online course. Also Read: The Best Online MBA Courses in India