Should you invest in an Online MBA?
Should you invest in an Online MBA ?
The hot topic amongst budding entrepreneurs are, is a Master of Business Administration qualification worth it? Yes, you heard it right. Pursuing an MBA program on-campus or off-campus is a major topic of discussion. The root of the answer lies in whether a prospective business leader should pursue an official degree to gain knowledge or whether real-world skills are more necessary. We are here to put an end to your queries.
A Master of Business Administration program is specifically designed for individuals seeking theoretical and practical knowledge of business setups, managerial aspects, and investment models. As a wholesome pack, it equips the learners with the relevant skills to keep a solid first step in the business world. Of course, its claims aside, it all comes down to a few stamping factors that decide whether pursuing this course offline or online is worth the effort, money, and time or not.
A prime question - Can you commit to full-time studies ?
The major factor being one’s commitment to full-time education is a tough choice. While some people have their learning path figured out early in life, others decide on higher education in their later years. This may be due to a major slack in domain-centric skills or a mere hindrance in their career graph. Nonetheless, entering the life of a full-time student is a big decision that not everyone has the liberty to take as they please.
This is where an online MBA comes in. With a wide range of institutions offering numerous online programs, thanks to COVID-19, the flexibility is beyond expectations. Unlike on-campus learning which sometimes grants part-time study options, an online MBA for sure gives students the option to pursue it per their pace and preference. To say, studying MBA online gives candidates the advantage of adding a superior qualification to their profile without compromising their usual schedule.
P.S. – Quite a good deal for full-time working skilled professionals looking for an added star to their resume.
Do you have a bar for spend-limit on education ?
Consider this - Do you want to engage locally or globally ?
Yet another aspect of online MBA that wins hearts. While offline MBA allows the knowledge-seekers to indulge in group projects and work in a real-time environment with their peers, a fact is often overlooked that their coequals are near the same socio-economic background, leaving them with minimal networking exposure. On the other side of the spectrum, enrolments in an online MBA program are not necessarily from the same geographical area allowing a lot more scope for thought expansion and higher chances of collaboration & idea exchange amongst a divergent group of individuals; an aspect which is consequential for someone who aims for a global business model.
Let’s talk numbers – Is an online MBA equally rewarding as its on -campus counterpart? ?
This is one particular area that requires close consideration of the matter in discussion. Will an online MBA program grant you equally profitable and high-paying employment opportunities as an on-campus MBA? Well, let’s find out.
MBA is a highly accredited and valuable qualification to pursue regardless of the mode of study. Its mode of education hardly affects job prospects; however; it impacts an individual’s skills. While both methods of studying have their fair share of pros and cons, an online MBA can be a little more rewarding, given its cost efficiency and flexibility. The teaching content and curriculum of an MBA remain the same be it provided online or offline. Although, the virtual mode of learning of this course grants the learner a wider scope of exposure and building cross-world connections. The graduates usually aim for higher-level management roles that require great insights into people-reading and mapping with different tools, diversified target audience, and incorporation of international business outlook to take any firm to great heights. All these aspects are granted in an online MBA mode.
Besides, talking about career outcomes after this program, the employment and growth opportunities are never-ending, given the rising demand for strategic and business-minded professionals carrying relevant skills and qualifications to grow the business on global grounds. A few roles in this domain include:
A few roles in this domain include
1. Management Consultant
Average Annual Salary : ₹22.0 LPA
2. Project Manager
Average Annual Salary : ₹14.3 LPA
3. Manager
Average Annual Salary : ₹22.0 LPA
4. Brand Manager
Average Annual Salary : ₹12.0LPA
5. Marketing Manager
Average Annual Salary : ₹7.3LPA
The final verdict ?
A candidate who aspires to a leadership or management role requires the corresponding qualification not only because of the insightful course learning and relevant skills but also because a degree can often impact one’s career growth. So, to cross out any or all potential drawbacks in your employment graph, it is advised to take on the qualification.
The good thing in all this is that you can pursue the same level course without any compromised curriculum or quality of education with seemingly decreased costs and increased flexibility.
Check the Features of the Program in Video
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