IntroductionIn any organization the administration/supervisor dependably endeavor to make the best blend of assets with the goal that they can be fast and viable in making and using any open door opportunities and get a gigantic piece of the pie. So the quality of any organization lies in its administration and that is precisely why administration moves to premium institutions are most looked after in any business condition.
Why online MBA Course?Organizations offer their administrative degrees on many names like Post graduate certificate, PG in administration and PG in business among which MBA is most notable. Establishments generally offer these courses on regular basis, yet since a decade ago the pattern has changed significantly. As more average working individuals are seeking to enlist for administration courses, and as they have no time and space to go to contact (Regular) courses and progress in modern technology offered it as a boon in the form of online administration programs, in short Online MBA. The capacity to go to classes from anyplace is one of the multitudinous reasons why an ever increasing number of foundations are taking off online MBA programs alongside their conventional MBA offerings.
Benefits of Online MBA ProgramsEnrolling for an online MBA course will benefit in three ways:-
Types of Online MBA CoursesOnline instruction programs are offered in two modules, one for executives and the other for non-executives.
Programs for ExecutivesMBA programs are very costly for the most part cost around 5-20 lakhs, and are being offered by a considerable lot of top administration establishments of various countries. They especially focused towards candidates right now holding mid level administration unit positions with an experience ranging from 2-6 years.
Famous institutes providing Executive MBA Programs
Other than BITS, every above establishment offer Post graduate projects in Management which is viewed as proportionate to MBA course. The greater part of these establishments ask CAT/GMAT score for enrolling the Program.
Non-Executive MBA ProgramsNon-Executive programs are more famous in light of the fact that they are reasonable (under 1 lakh), not focused towards a specific class and offer same advantages as customary MBA's.
Famous Institutes for Non-Executive MBA Programs in India
Specializations available in Online MBA ProgramsOrdinarily online MBA Program is for two years, with a chance to finish in four years in general. The enrollment will be cancelled if the candidate crosses that limit. When all is said and done, institutions offer every single important specialization including Finance, Marketing and Human Resources and so forth.
All the above organizations offer courses on open learning model, in which pre-loaded online classes are made accessible to the applicants. A few organizations provide opportunity to attend unique live classes, for accommodation they are typically booked on ends of the week.
Unlike other colleges, Mumbai University grant Management Degree program as M. Com with specializations in Accounting and Management. Aside from that, it likewise offers Post graduate Diploma in Financial Management which goes on for one year. MIT, LPU, IMT, NMIMS, Symbiosis and Amity University offers Post graduates Diplomas/programs alongside MBAs. Among all, MIT and Amity University courses are most diverse in nature.
MIT offers one year recognition in Retail Management, and one year post graduate Diploma in Telecommunication management, Wealth management, Material management, Supply chain Management, Risk and insurance Management and Energy management. It additionally offers two years PGDBA in inventory network administration. Amity offers one year Diplomas in NGO operations, Networking and Data Storage, Legal and Business administration, Portfolio Management, Hospitality administration and Export administration and so on.
Generally universities don't allow Distance education candidates for Campus selection, yet a few colleges conduct special recruitment drives for off-campus candidates.
Admission ProcedureAs there are no per-requisites with the exception of a Bachelor's Degree for enrolling Online Management Courses , admission to in online Management courses is very simple. Not all, but rather a few (like IIMs) foundations require CAT/GMAT scores for admission. Admissions are usually in (December and June) or yearly (June) depending upon the University. Normally the Programs are on yearly basis and may sit for the screening examination test for Pondicherry University only. They follow semester examination system like regular candidates like which include both internal and external evaluations.
International Universities conducting online MBA ProgramsAfter all it is online course, thus, we can go to classes from anyplace on the planet. As indicated by Financial Time's 2016 survey, here is the list of world's best colleges offering online MBA Programs:
Institutions based in USA
Institutions based in UK
Qualification criteria for these colleges varies a lot, common requirement for admission is possessing English eligibility certificate of TOFEL/IELTS Test. Depending upon the University or college and kind of degree and number of modules Fee structure changes, however for 2 Year MBA program it costs around $8,000 to $ 25, 000.
Career prospect for Online MBA CoursesIt is very normal to question the legitimacy of these courses with standard ones. To the extent Executive MBAs are concerned, on account of Institutes familiarity and stringent educational programs they are recognized on par with the regular courses. Be that as it may, non-executive (general) courses from different organizations are not generally considered as proportionate to customary courses, especially in PSU's, for the place one need a normal degree to show up for the enrollment procedure. Aside from PSU's nobody addresses the legitimacy of online degrees as long as they are affirmed by the Directorate of Distance Education. Central and Sate government policies doesn't allow to discriminate between regular and online degrees. Private organizations as a rule incline more toward regular degrees in their recruitment however in the event that you are knowledge d enough, your online degree may not become an obstacle in gaining position in private sector. In this way, online degrees are extensively useful for both household and global employment searchers.
Nice informative article about MBA programs in India and overseas. But how to we trust or know more about the international online MBA websites. For instance, this one in Switzerland has MBA in many specialties but all of them have the same fees and if the candidate fails,then the candidate code can be activated 10 more times without any extra charges.(http://www.mba-institute.org/Frequently_Asked_Questions_International_MBA_Institute.php). If I choose this institute, I can get an MBA with around 600 US dollars only!