fbpx

Is Online MBA Valid? Who Should Do It and Which Field is Best Suited for an Online MBA?

Is Online MBA Valid? Who Should Do It and Which Field is Best Suited for an Online MBA?

Education in today’s society is dynamic, and the rate of change is increasing progressively because of the internet. People now have more control and flexibility in how they learn than any other generation. One of the most attractive programs for learners is online enrollment in an MBA degree program. However, one question that one will tend to ask.

Again, is an online MBA valid? The purpose of this article is to examine the usefulness of an online MBA, then examine who is an appropriate candidate for one, and finally examine which areas are ideal for one.

What Is an MBA Degree?

MBA stands for Master of Business Administration, and it is an academic programme designed to prepare students for a master’s in business management. Students use DNP to learn about facets of the firm, such as the financial department, marketing strategies, human resources, and operations.

Frequently, MBAs are conducted using classroom conventions and techniques. However, with the emerging non-conventional learning, various institutions of learning have adopted MBA degree programs online, therefore calling for this important question: Is an online MBA valid?

Is Online MBA Valid?

To answer the question in a straightforward way, yes, online MBA degrees are recognised. However, below are some factors that students must consider to ensure they get the right program. Let’s look at what makes an online MBA valid and credible:

1. Accreditation

Validity of an online MBA cannot be considered valid without accreditation, which remains one of the major crucial outcomes of an online MBA program.

Such accreditation is a quality assurance procedure that assures the concerned institution that it provides higher learning services of an acceptable standard.

When applied to an MBA degree, accreditation confirms that this program is legitimate and credible per the existing business standards. There are three main accreditation bodies for MBA degree programs:

Accreditation Body

Description

AACSB

The Association to Advance Collegiate Schools of Business is one of the oldest and most prestigious accrediting agencies for business schools.

AMBA

The Association of MBAs is a UK-based accreditation body focusing on postgraduate business programs.

EQUIS

The European Quality Improvement System is a global accreditation system based in Europe.


However, it’s important that before applying for an online MBA degree program, one should make sure that the program is accredited by any of these bodies. This ensures that the online MBA is accepted in the market and that one will get a quality education.

2. Recognition by Employers

Another question students have is the ability of an employer to recognise the online MBA degree. 

Nowadays, the importance of online MBAs is expanding as more companies admit the credibility of MBA degrees obtained online, provided that the institution offering this type of education is legitimate.

Nevertheless, some traditional organisations might consider a full-time face-to-face MBA degree. One should also know what industries or companies one wants to work for and think about online degrees. In general, graduates with MBA degrees from online programs are easily hired by large MNCs.

3. Flexibility and Accessibility

There is also one significant benefit of an online MBA degree: flexibility. Academic-related tasks can be accomplished at any place, and there is hardly any deadline.

This keeps working professionals or persons with family responsibilities from having to drop their jobs or move to another school to pursue their MBA degree. Online courses also mean that the students can learn from the best universities in the world regardless of location.

4. The Super Curriculum and the Professors

A proper accredited online MBA should entail the same courses as those for students who attend face-to-face classes. Some programs, for instance, offer the same classes as other online programs and the same face-to-face professors.

This allows online students to be offered quality education as those given to on-campus students. Furthermore, some institutions give online students a chance to attend physical networking sessions or workshops with face-to-face interaction.

Therefore, is an online MBA genuine? Yes, but credibility should be checked to ensure that the program is accredited and well-accepted in the job market. Most importantly, it should be a quality program like those offered practically.

Who Should Do an Online MBA?

Now that we have demonstrated that an online MBA is relevant, the next question is, who is a candidate for an online MBA? While an MBA degree can be beneficial for many people, it is particularly well-suited for the following types of individuals:

1. Working Professionals

Working professionals form the biggest target market for an MBA through distance learning. These people already have jobs they wish to advance their careers without necessarily losing their current employment opportunities. 

An online MBA enables them to acquire appropriate skills or qualifications to transform into management positions while continuing to work.

If you are an aspiring or actual business owner, an MBA online will offer a toolkit and an understanding of how to run and expand your business.

Often, people who start a business venture do so while wearing multiple hats, so an MBA will allow you to understand and manage different business aspects, from finance to marketing and beyond.

3. Career Changers

Most people apply for the MBA qualification as a career change tool. For example, an individual in the manufacturing industry doing engineering may wish to shift to a management careers in a technology company. 

An online MBA eliminates this gap and provides the necessary business knowledge to transition.

4. Global Professionals

Because of the flexibility of the online MBA degree, a person who lives in one country but desires to work in another is well positioned. For instance, if he or she is working in India but wants to land a job in the United States or Europe, an online MBA from a recognised international university will help him or her secure that position.

5. Parents or Caregivers

An online MBA can be an ideal solution for individuals with significant family responsibilities, such as parents or caregivers. It allows them to balance their studies with their family obligations, as they can choose when and where to complete their coursework.

Top colleges for online MBA

Here are five of the best colleges in India that offer an online MBA degree:

1. Indian School of Business (ISB) – PGPMAX (Post Graduate Program in Management for Senior Executives)

 
  1. Overview: ISB’s PGPMAX is a well-known program for senior executives seeking to enhance their management skills. Although primarily a blended program with both online and in-person sessions, it offers the flexibility of distance learning.

     

  2. Accreditation: AACSB accredited.

     

  3. Specialisations: General Management, Leadership, Strategic Management.

     

  4. Who It’s Best For: Senior professionals with 10+ years of experience. 

2. Amity University Online MBA

 

  1. Overview: Amity offers a fully online MBA program with many specialisations. It’s known for its user-friendly online platform and industry-relevant curriculum.

     

  2. Accreditation: UGC and AICTE recognised.

     

  3. Specialisations: Finance, Marketing, HR, Operations, International Business, Entrepreneurship, and more.

     

  4. Who It’s Best For: Professionals looking for flexibility and a recognised degree.

3. IGNOU (Indira Gandhi National Open University) – Online MBA

 

  1. Overview: IGNOU is one of India’s most affordable and flexible options for distance learning. It offers an online MBA program with a wide reach across the country.

     

  2. Accreditation: UGC-DEB approved.

     

  3. Specialisations: Finance, HR, Operations, Marketing.

     

  4. Who It’s Best For: Budget-conscious students and working professionals looking for flexibility.

4. NMIMS Global Access School for Continuing Education – Online MBA (Executive)

 

  1. Overview: NMIMS offers a well-structured online MBA program with live, interactive sessions and a rich learning platform. The program is aimed at working professionals who wish to advance their careers without leaving their jobs.

     

  2. Accreditation: UGC-DEB approved.

     

  3. Specialisations: Marketing, Finance, HR, Operations, International Trade, and more.

     

  4. Who It’s Best For: Mid-level professionals aiming for leadership roles.

5. Symbiosis Centre for Distance Learning (SCDL) – Online PGDM

 

  1. Overview: Symbiosis is one of India’s most reputed names in distance education. Its online MBA program is designed to cater to working professionals with flexible schedules.

     

  2. Accreditation: AICTE approved.

     

  3. Specialisations: Business Management, HR, Finance, Marketing, IT, and more.

     

  4. Who It’s Best For Professionals seeking an affordable, recognised online PGDM.

These institutions are recognised for providing quality online PGDM programs in India and offer a range of specialisations that cater to different career goals and industries.

Which Field is Best Suited for an Online MBA?

When considering an online MBA degree, it’s important to consider which field or specialisation is best suited for this mode of study. Some fields lend themselves better to online learning due to their theoretical nature, while others might require more hands-on learning. Below, we’ll discuss the fields that are well-suited for an online MBA:

Specialisation

Career Opportunities

Finance

Financial Analyst, Investment Banker, Corporate Finance Manager, Risk Manager, Financial Consultant

Marketing

Marketing Manager, Digital Marketing Specialist, Brand Manager, Market Research Analyst, Sales Director

Human Resource Management (HRM)

HR Manager, Recruitment Specialist, Talent Acquisition Manager, Employee Relations Manager, HR Consultant

Entrepreneurship

Startup Founder, Business Consultant, Venture Capitalist, Innovation Manager, Product Development Manager

Project Management

Project Manager, Program Manager, Operations Manager, Project Consultant, Construction Manager

General Management

General Manager, Operations Manager, Business Consultant, Management Analyst, Executive Director

Healthcare Management

Hospital Administrator, Healthcare Consultant, Medical Practice Manager, Health Services Manager

IT and Technology Management

IT Manager, Chief Technology Officer (CTO), Data Analyst, Cybersecurity Manager, IT Project Manager

Global Business

International Business Manager, Global Supply Chain Manager, Trade and Export Consultant, International Marketing Manager

1. Finance

Finance is one of the most popular specialisations for an MBA degree and is also well-suited for online learning. In a finance-focused online MBA, students learn about financial markets, investment strategies, corporate finance, and risk management. These areas can be effectively taught through online lectures, case studies, and simulations.

2. Marketing

Another great option for an online MBA is marketing. A marketing specialisation covers digital marketing, consumer behaviour, branding, and market research. Marketing professionals need strong analytical and communication skills, which can be developed through an online program.

 

3. Human Resource Management

Human Resource Management (HRM) is another well-suited field for an online MBA degree. HR professionals must understand employment law, organisational behaviour, recruitment, and performance management. These topics can be easily studied online and are crucial for anyone looking to move into a leadership role in HR.

 

4. Entrepreneurship

As mentioned earlier, an online MBA in entrepreneurship is a great choice for individuals looking to start their businesses. The entrepreneurship specialisation focuses on innovation, business planning, venture capital, and scaling operations. The theoretical nature of these topics makes them well-suited for online study.

 

5. Project Management

Project management is a field that is increasingly being taught through online MBA programs. Students learn how to manage projects, coordinate teams, and meet deadlines. These skills are highly transferable and applicable in the construction, IT, and healthcare industries.

 

6. General Management

Many students opt for a general management specialisation in their MBA degree. This broadens understanding of business functions, including finance, marketing, operations, and human resources. 

A general management online MBA is well-suited for individuals who want to understand business comprehensively without focusing on one specific area.

7. Healthcare Management

With the growing demand for healthcare professionals, an MBA in healthcare management has become popular.

Healthcare management focuses on the business side of healthcare, teaching students how to manage hospitals, healthcare organisations, and medical practices. This is another field where an online MBA can be a good fit, especially for those already in the healthcare industry.

8. IT and Technology Management

Technology and IT management are rapidly growing fields, and many professionals are turning to online MBA programs to enhance their leadership and management skills in this area. An MBA in IT management covers data analytics, cybersecurity, and IT project management.

 

9. Global Business

If you are interested in working in international markets, an online MBA in global business could be an excellent option. 

This specialisation teaches students about international business practices, global markets, and cross-cultural management. The global nature of online learning makes this a particularly suitable field for an online MBA degree.

Conclusion: Is an Online MBA Valid, and Who Should Pursue It?

In today’s evolving educational landscape, the answer to the question, Is online MBA valid? It is a clear yes. An online MBA from an accredited institution holds the same value as a traditional, on-campus degree. With top universities offering robust online programs, students can enjoy flexibility, affordability, and the convenience of studying from anywhere, all while maintaining professional and personal commitments.

The online MBA is especially suitable for working professionals, career changers, entrepreneurs, and global professionals looking to enhance their skills without pausing their careers. Specialisations in finance, marketing, human resources, IT management, and more make an online MBA a versatile option, opening doors to numerous career opportunities.

With the growing acceptance of online MBA degrees by employers worldwide, pursuing this path is a smart and valid option for those looking to advance their careers in the business world.

Short FAQs About Online MBA

Q1. Is an online MBA valid in the job market?

Yes, provided the program is accredited and recognised by reputable institutions. Employers are increasingly accepting online MBA degrees.

Q2. What are the benefits of an online MBA compared to a traditional MBA?

Key benefits include flexibility, accessibility, and the ability to study while working full-time. The curriculum is often the same as that of traditional MBAs.

Q3. Which specialisations are best for an online MBA?

Specialisations such as finance, marketing, human resources, entrepreneurship, and IT management are well-suited for an online MBA.

Q4. Can I get a high-paying job with an online MBA?

Many online MBA graduates find lucrative career opportunities in finance, management, IT, and healthcare.

Q5. Do employers view an online MBA differently from a traditional MBA?

Some employers may prefer traditional MBAs, but most companies, especially larger ones, recognise online MBA programs from accredited schools.

    Enter Your Details To Get Counselling From Our Experts

    I agree to Hike Education's Terms and Conditions.

    Copyright ©2022 All Rights Reserved by Hike Education Pvt. Ltd.