Benefits of Online MBA

With technology changing our lives day by day, the world has come to a place where nothing is impossible. It is because of online technologies that we are able to efficiently adapt to the present pandemic scenario. Most important, online learning has made it accessible for students from every nook and corner of the world to study online degrees and short-term courses right from the comfort of their home. You can pursue your higher studies from the top universities of the world and all you need is an internet connection. So, if you are thinking to pursue a globally recognised degree like an MBA online, we are here to help you in making the right decision. Read this blog to know the best advantages and benefits of online MBA!

Also Read- The Silver Lining to Online Learning & Future Careers!

Benefits of Pursuing an Online MBA

The following are the benefits of pursuing an online MBA:

Flexibility

Online MBA courses provide a lot of flexibility especially to those people who have full-time jobs and want a boost in their career with an MBA degree. Flexibility regarding time schedules is also very comfortable. Although there are fixed lecture timings, you can also learn through recorded lectures, meetings or group projects and further submit assignments and take exams as per your convenience.

Affordable 

One of the top benefits of an online MBA is its affordability than a regular MBA. The cost of living, food, travel and many such things can be saved by opting for an online MBA. You can even pursue affordable MBA courses from the world’s top universities. Students are also given the flexibility to choose the number of credits you want to take up in a semester or how long it takes to complete the program depending on how much time you can invest while tackling your personal or work responsibilities/

Quality of Education

There is a preconceived notion or rather a myth that online courses aren’t as good as traditional MBA programs. Gone are those days when this used to be true. Due to the technological revolution, there is not much difference in on-campus and online learning in terms of quality. The same professors from the same universities teach you the same curriculum as they do on campus. There are unique specialisations on offer for online MBA courses including IT, Computer Applications, Fashion Technology, amongst others and the academic institutions ensure that there is no compromise in the quality of such programs.

Digital Communication Skills

Majority of universities are using customized platforms for online courses which makes the learning process more interactive than ever. The best part of pursuing online courses is that they can help you master your digital communication skills. Digital communication skills help you to communicate clearly and confidently to your online clients and stakeholders in the current hi-tech and digital era. It is a much-needed skill in the 21st century as most of the meetings happen online nowadays. It also helps you to handle high-tech facilities in your future workplace. Using these customized digital mediums will also make you well equipped with different business technology software.

Networking Opportunities

It is often misunderstood that the online format lacks personal interaction with your peers, professors and experts and doesn’t offer international exposure. However, the concept of career fairs, meet your class events and many such online events bridge that gap. Thus, while considering the benefits of online MBA, you must know that you will be able to avail immense networking opportunities as possible! Some universities even provide an “on-campus week”  to provide students with an experience of the campus atmosphere.

Accreditation from Reputed Universities

Another key benefit of an online MBA is that a lot of top business schools have started offering different online MBA programs which provide the same quality as an offline MBA. Getting your online MBA from a reputed business school can further help you explore the best opportunities in your field! As the world is embracing online learning in the pandemic scenario, there is a better recognition of online courses amongst recruiters. Employers now perceive candidates with online MBA degrees as those with high determination and readiness to undertake heavy quality work.

Also Read: Online MBA Options From Universities Across the Globe

Duration of Online MBA

An online MBA program is generally 12-20 months long. However, some programs can be of 2 years just like traditional MBA program.

Best Online MBA Programs 2023

The following are the best online MBA programs in India and abroad:

India

• Bangalore University
• Amity University
• ICFAI University Online
• Jain University Online
• Annamalai University Online

Abroad

• Indiana University – Bloomington Kelley School of Business
• University of North Carolina at Chapel Hill – Kenan Flagler Business School
• University of Southern Carolina – Marshall School of Business
• Carnegie Mellon University – Tepper School of Business
• University of Denver – Daniels College of Business

Online MBA Salary

The average salary range after pursuing an online MBA is between 2 – 7 Lakh. Given below are the popular career options after an online MBA:

Career Option Average Salary
Manager 12 Lakh
Sales Manager 5 Lakh
Marketing Manager 6.50 Lakh
Brand Manager 9.0 Lakh

Thus, online MBA courses are rapidly becoming popular as they give you a golden opportunity to be a part of a prestigious university just by studying from home at a much lower cost. Unsure about finding the right MBA program for yourself? Connect with our experts at Leverage Edu and we will help you explore best MBA courses and universities as per your interests and preferences to ensure that you find the right one to embark on your rewarding career journey! Sign up for a free session with us today!