online mba has gained a reputation both among students and recruiters.
it is no longer considered as a
sub-standard option for pursuing an mba.
What is online MBA programs
Ideal student profile
Benefits and drawbacks
How, choose right online MBA program.
First of all let's talk about
What are online MBA programs
Online mba is not a new concept a few years back before the inception of the internet,
there were classic distance
learning programs,
but with the growth in technology and connectivity,
the education industry has spread its roots virtually,
allowing students to pursue their studies according to their convenience.
Several studies have shown that the growth
in technology and resources has prompted as many as 25 percent of mba applicants
worldwide to opt for an online mba degree.
Ideal student profile
What is the ideal student profile for an online mba program.
if you have no prior working experience and have just finished your online mba certification,
then probably you might be doomed to think that you'll be able to change careers or waive the certificate to reach the top of the corporate hierarchy,
though a convenient option the online mba program is not ideal for beginners.
You can miss out on the great learning opportunities such as peer interactions and class debates that happen in conventional on-campus programs.
Although technology has enabled some of these experiences through video conferencing or chats.
The virtual world is still yet to catch up with the real world.
Who comes from a few years of experience and is willing to upskill yourself to understand the nuts and bolts of business functions,
Than an mba could be a credible option.
Through this kind of immersive
learning experience you can excel in the
company that you're currently employed at or even transition
towards managerial positions.
Structure and curriculum of an online mba program
As the name suggests the main idea behind
online mba programs is to help students obtain the degree at their convenience.
It's generally designed to match the on- lot class as nearly as
possible.
The course content is delivered via online live lectures recorded sessions and interactive video conferences,
some of the top online programs include career coaching sessions and placement fairs as well,
the durations for these programs are quite flexible,
some universities offer accelerated one-year programs while others offer extended part-time tracks spanning up to two to five years.
considering that most students enrolled in the course are working professionals with heavy job commitments,
the flexibility of academic scheduling is by far,
the most important component of the appeal around online mba programs.
besides the advantages of pursuing an MBA degree,
at the time of your choice and from the comfort of the couch there are certainly other reasons to add the attractiveness of online mba programs.
also there are some disadvantages that you should look into before taking these programs.
hence let's delve into a few pros and cons of an online mba program.
1 - PROS of the program,
the curriculum and faculty of online programs can be compared to their on-campus counterparts,
the very same instructors teach the same curriculum as on-campus courses,
hence the quality of teaching and content delivery remains consistent in online programs.
2 - Peer connectivity
Critiques of the online program say that these programs lose out on the on-campus experiences,
such as face-to-face interactions with professors and peers class debates and placement fairs,
however most online programs provided by reputed b schools bridge their gap through meet your class events career fairs one-to-one virtual interactions and international projects chat forums and online discussions.
Ensure that you have the advantages
of getting to know the global businesses and
business players through your screens.
3 - Rote learning is not
involved
Most online courses have open books tests and don't make students learn by rote.
furthermore these courses utilize practical methods to test understanding of business theory such as projects and thorough assignments.
Another advantage of online mba is that applicants who couldn't attend the traditional full-time mba programs at top-notch p schools due to their high tuition fees can participate in the online courses of these schools
for lesser costs,
also the students of an online mba program continue to work,
which means they don't lose out on their monthly salary checks.
so there's definitely no opportunity cost,
there's no relocation and commuting costs,
no hostile and stationary costs.
which means you will end up saving a
lot of time
and money.
Understand a few disadvantages of an online mba.
Although a few top online mba programs have created interactive platforms and chat rooms to overcome the communication gap.
However they are not as effective as on-campus experiences.
you will miss out on the live class experiences on on-campus events alumni networking opportunities and peer-to-peer camaraderie.
In addition to that the career support provided by online mba programs is yet to reach efficiency as of its counterpart on campus programs.
The next major demerit of an online mba program is that they don't qualify for student visa.
This leads to trouble for students who want to avail international post-study work permits.
This demerit makes these programs vulnerable for students seeking an international exposure.
However the ideal student profile for these courses is someone with two to six years of professional experience.
Hence these team merits are totally negligible.
Online mba can prove a magnificent asset to working professionals helping them grow in their own organizations or on a similar platform with the existing networks to bank upon.
Since the covet pandemic the whole world has gravitated towards virtual solutions and the education industry is no exception to that.
the on-campus programs are now operational in a blended mode of online and offline lecture delivery.
This has led to tremendous growth in the value of accredited online mba programs.
The recruiters are now open and receptive to the capabilities of online mba grads.
Especially if the online mba is done from reputed b schools with amba or aacsb accreditation.
so before choosing any online mba program conduct thorough research about available online programs and their accreditations.
You can look into the rankings given by famous publications such as financial times and qs.
These publications publish an annual ranking of business schools with the finest online mba programs across the globe.
A thorough analysis of factors such as
Course Alumni performances
Available specializations
Eligibility criteria and
most importantly your budget
will land you with the best suited
mba program.
The PGDM program
Curated by simplylearn in collaboration with one of the leading indian b school jackson can provide you with extensive managerial learnings.
This program has been ranked amongst the top 100 global mba programs by qs and is accredited by aacsb and aicte.
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