With the growth in the development graph of India, the demand for skilled working professionals is increasing by leaps and bounds. This has resulted in high requirements for employees in various organisations across the country. However, there is an essential requirement of industry skills in employees to be competent to work in reputed organisations. And to meet the objectives of the organisations, there is a need for high quality professional education that induces not only relevant industry skills but also management and leadership qualities in employees that meet the growth requirement of various organisations. An Online MBA from reputed and accredited universities and institutions is one of the most pursued online degree programs by working professionals to upskill their professional abilities and knowledge that advances their career.
Let us analyse the factors behind the growing popularity of online MBA, the key benefits of online MBA, and the various other reasons that make online MBA a most preferred degree program for working professionals in India.
The Growing Demand of Online MBA in India
The easy access of the internet even in remote places now has led many learners to take on online education in India. Over the years, online education has emerged as a flexible and convenient alternative to brick-and-mortar setup followed in regular education which has made higher education more accessible to a larger population including the working professionals.
In India, higher online education, such as online MBA programs, has seen substantial growth over the years and the reasons for the same are many, some of which are mentioned below:-
Accessibility– Since the online MBA programs can be easily accessed without any geographical constraints, working professionals in India can enrol in online MBA programs of top-tier institutions without requiring them to quit their jobs or relocating to new place for pursuing quality higher education.
Flexibility– The online MBA programs in India by top colleges are designed in such a way that they can be accessed at any time of the day. Since working professionals keep busy during the day, they can access their online MBA classes in recorded form as per their convenience. Learners in an online MBA program get the flexibility of time to attend their classes in the time of their choice, and they can study at their own pace which makes it easy for them to balance their work, life, and education.
Economical– The fees of an online MBA program is cost-effective as compared to the traditional MBA program. Learners who choose to pursue an online MBA, do not have to pay for accommodation, transport, and campus-related expenses which helps them to save a significant amount of money.
Wide Range of Specialisations– Online MBA programs in India cover various specialisations which learners can choose according to their career goals and areas of interest.
Various Benefits of Pursuing an Online MBA for Working Professionals
Career Advancement
One of the core reasons for working professionals to pursue an online MBA is for career advancement. An online MBA from top B-schools equips learners with advanced management skills, develops leadership abilities and enables them to think strategically thus making them valuable professionals for their organisations. The knowledge that learners acquire in their online MBA program enhances their abilities which empower learners to seek better job opportunities, jobs with higher salaries, and increases their chances of promotions in jobs.
Improves the Skill Set
The comprehensive curriculum of online MBA programs in India covers various important segments such as business, finance, marketing, and entrepreneurship. The knowledge and skills that working professionals acquire while pursuing an online MBA can be well utilised in their existing job roles.
Expands Network Dimension
In online MBA programs learners attend the classes virtually where they can connect with other learners from different industries and backgrounds. This networking therefore leads to forming better and valuable professional connections and collaborations that result in getting learners more industry exposure and motivates them to explore better career opportunities.
Personal Growth
Pursuing an online MBA not only enhances the professional growth of learners but also helps them to grow personally as well. It betters their time management skills, makes learners more self disciplined and develops their critical thinking abilities.
Various Challenges and Considerations While Pursuing an Online MBA
Pursuing an online MBA in India is highly beneficial for working professionals, it also comes with certain challenges and considerations for learners to tackle carefully.
Self-discipline
Online MBA in India requires a high level of time management and self discipline. Learners have to balance their personal, and professional life along with their other activities and studies.
Technical Requirements
Learners get prior training to access the online MBA classes. They must also ensure that they have a good internet connection and necessary hardware and softwares to easily access the online MBA classes.
Balancing Work-Life-Study
Learners need to diligently handle their work-life and have to make adjustments in their daily chores to draw time that can be utilised for attending online MBA classes and complete their degree program well in time.
Accreditations
Learners must verify that the online MBA degree they are pursuing is accredited and recognised by the government and it holds the equivalent value as that of a regular MBA in the job market.
Networking
While online MBA may not replicate the personal interactions that happen in a regular MBA program, learners must regularise their interactions with their online peers to enhance their networking opportunities.
Financial Planning
Learners must be considerate about their online MBA program and must choose the online MBA program of those universities and institutions that offer scholarships. Learners should choose to enrol for those online MBA programs that are sponsored by the company so that they do not have to make heavy expenses for their online MBA degree.
Motivation
Staying motivated throughout the online MBA program especially when facing challenging assignments and courses are necessary to successfully complete the online MBA program.
Various Career Opportunities for Learners After Completing Online MBA
Once learners have completed their online MBA program in India, there are several opportunities they can explore. Here are some career options that learners can explore.
Management Roles
Learners can go for management roles upon developing their skills and knowledge during their online MBA program. The various career roles that they can choose are Operations Manager, Marketing Manager, Finance Manager, or Business Development Manager etc.
Entrepreneurship
If learners wish to become entrepreneurs, an online MBA is the right choice for them, as it develops critical and strategic thinking abilities in learners that are necessary to succeed as an entrepreneur.
Consulting
Organisations look for candidates in consulting profiles, and an online MBA induces skills in learners needed to solve complex problems and improve their business operations. Therefore working as a consultant is a good option for learners having an online MBA degree.
Specialised Roles
Depending on the specialisation chosen by the learners, they can go for specialised roles in the areas of healthcare management, human resources management, information technology management etc.
Conclusion
The advantage of pursuing an online MBA in India is quite significant as it enhances the chances of getting promotions and drawing higher salaries for working professionals. An online MBA improves the skills of working professionals and makes them ready to take on roles where they can get their desired success. Online education is on the rise in developing nations such as India. Therefore if learners aspire to attain maximum success in their careers pursuing an online MBA is just a beginning to their successful journey as a successful professional.
