In today’s world of globalization where boundaries become porous and flexible, the world seems like a whole unit. From exchanging information to business strategies to managing faculties, there seems to be a bond that connects all these factors and that is the online mode of interaction.

After the recent pandemic, online learning has become one of the most searched topics, and students of different courses are seeking admission for their respective fields of education in online mediums and so, are online MBA Courses flourishing. But before starting the discussion as to why MBA has become so popular, we must get a gist of what actually MBA stands for.

What is an MBA?

MBA stands for Masters of Business Administration. In today’s digital age, this course is widely being taken admission in, due to its recent popularity.

But here comes the question: why has an MBA become so popular among students in today’s time?

The answer to it is very simple, it’s because marketing, finance, and management are the need of the hour. MBA is a professional postgraduate degree in the field of business administration and business management, which not only opens channels for Human Resource Management, Sales, and Marketing but also for Business Analytics and Information Technology. Students with a bachelor’s degree in any course, can apply for this program. It is not a rigid course, rather it is multi-dimensional in nature, as it not only provides classroom courses but is also being taught in the online medium in many recognized colleges.

Why Study MBA Online?

The main reason for the growing demand for online MBA courses is because of its flexibility. It’s a boon for the working force, who wish to acquire a degree side by side with their profession or wish for a change in their profession.

It provides the convenience of learning from remote places, with the same efficiency and coherence as that of an on-campus institution. Online MBA course are considered as good as offline classroom study because these courses bestow the same knowledge and skills but at a comparatively lower fee.

Basic Difference between Online and Offline Mode of Learning

Pros

  • Provides a distant learning facility, which is accessible from a remote location.
  • The fees are comparatively budget friendly.
  • Provides the same value as that of on campus learning.
  • The curriculum time span is the same as that of a regular college or sometimes might be extended.
  • Various means of learning such as audio-visual medium and technical facilities.
  • Provides you the personal space in the whole process of learning.

Cons

  • The classroom environment is missed out.
  • Lack of cross-learning and exchange of culture.
  • The “in-person” environment is missing.
  • Might not provide as active placement as that of an offline university.
  • If a glitch occurs, it may create a hindrance in attending live classes.
  • Sometimes it may as well lead to isolation.

How to Choose the Best Online University for MBA?

The most important task in the whole process of an online MBA program is finding the best institution according to one’s preferences and needs. Colledisha after much research and analysis, has come up with some important factors which will help you in the process of online MBA course selection.

Here we have discussed some basic points that must be considered:

  • Quality of Education: One must take into account the faculty’s experience, qualifications and the methods of teaching.
  • Testimonials: Reading the testimonials of past students is always the best way to evaluate an institution. It not only helps one find the plus and minuses of an institution but also gives an overview of the course structure.
  • Course Structure: One must be thorough with the course structure to ensure its effectiveness and comprehensibility.
  • Online Facilities: One must also confirm that the institute has the necessary online facilities required for the learning process.
  • Affordability: One of the most important points which must be kept in mind while evaluating an Institution is the fees structure and payment options. It will help one find the best institution that fits their budget.

Top 5 Colleges for Online MBA in India

  1. Narsee Monjee Institute of Management Studies (NMIMS): Founded in 1981. It is one of the top grade business schools in India. Its fee ranges from 1.44-1.5 lakh.
  2. Amity: This university is quite famous for the availability of diverse courses, and one among them is the online MBA program. Its fee ranges from 3.38- 3.5 lakh.
  3. DY Patil University: This university also provides the distant learning facility for MBA. Its fee ranges from 1.4 to 1.6 lakh.
  4. IIM Ahmedabad: This institute is considered one India’s premier Indian Institutes of Management and provides facility of online MBA learning. Its fee is approximately 20 lakh.
  5. Indira Gandhi National Open University: IGNOU is yet another name quite popular in the field of distant learning. This is a government institution which provides one of the most low cost MBA programmes. Its fee is approximately 62,000.

Admission Process for Online MBA Course

The online admission process is quite simple and hassle free as there is no requirement of in person verification. Most of the institutes which provide distant online learning follow the same steps for the admission process.

The whole process begins with an Online Registration, where students are supposed to fill their details, followed by the document submission and verification process.

After completing these simple steps, students are supposed to pay their fees using the online portal available in their respective college’s websites, with this the admission process is complete from the students end.

Conclusion

You can choose any University for an online MBA course, according to your requirement and affordability. You are free to choose any institution from the above list of Top 5 Online MBA Course offering Universities, which suits you best and is according to your requirement. But always keep in mind the pros and cons before taking a step forward.

But what is better than a user-friendly online education platform for MBA, which not only stands out for its effective methodology of teaching, highly qualified and dedicated faculties, and well defined online course structure but also just a finger click away from you.

Thus, choosing the right one becomes an important step in the whole process. But always consider the discussed points on how you can select the best one for yourself.