Over the past few years, online education has become one of the trendiest modes of education. Our education system includes 3 types of learning- Offline, Distance education, and online learning.
As students are giving more value and importance to online education, one of the most pursued courses in online education is the online MBA program. Students who cannot attend offline on-campus classes prefer online/ Distance education.
Since most of the candidates enrolled in an online/ distance education are working professionals. Therefore, they choose to pursue a flexible mode of learning.
Difference Between an Online MBA and a Distance MBA
There are some of the major differences between an online MBA and a distance MBA program. Let’s discuss them:
- Flexibility- An online MBA program is more flexible in terms of Distance MBA learning. An online MBA program provides flexibility in terms of classes, access, resources, schedule, and examinations. Whereas, in a distance MBA, students have to to go exam centres to appear for examinations. This makes it very difficult and hectic for the working professionals to manage.
- Accessibility- The online MBA programs provide access to students to virtual labs, e-library, LMS, study materials, assessments, online examinations, and much more. Whereas, in a distance MBA, students have to study on their own from the hard copies of study materials provided at their homes without any faculty expertise.
- Networking Opportunities- In an online MBA program, colleges conduct online webinars, events, forums, and collaborative projects. This helps the students to build networks with different business professionals and alumni. On the other hand, in distance learning there are no networking or other opportunities to grab.
- Interaction- The online MBA programs include interactions of students with faculties and support cells which helps them to co-operate with the university. On the other hand, students of distance programs get very limited interaction with faculties and other mentors. The communication occurs via mail and official messages.
- Placement Assistance- Some of the good and reputed online MBA colleges are providing 100% placement assistance to students. Therefore, it depends on the students to grab their seats and job opportunities by showing their skills, talents, and experiences. Whereas, in a distance MBA program, students are neither provided with job assistance nor any internships.
Top 5 Universities for an Online MBA Program
- IIM Ahmedabad- The university is the number 1 top-ranked university by NIRF in all of the business schools in India. It is approved by WES, NAAC, and EQUIS. The university is located in Ahmedabad, Gujarat, and provides an online MBA program with an eligibility criteria of 10+2 with a bachelor’s degree in any domain. The course is a 2-year program and is divided into 4 semesters. The university provides specialization in various domains- Finance, Marketing, HR, AI, etc. The total fee of an online MBA program is ₹9,53,433 with EMI & loan students for the students.
- Symbiosis International Online- Symbiosis International, deemed to be a University is recognized by UGC-DEB, NAAC, AND AICTE. The University provides an online MBA program from the Symbiosis Institute of Business Management online. The duration of the course is from 2-4 years depending on the specialization you choose. The eligibility criteria are 10+2 and a bachelor’s degree from a recognized college. The total fee for the course is ₹3,00,000.
- Amrita University Online- It is a private University that has various accreditations, recognitions, and awards. It has been ranked as the 7th top university in India by NIRF. The university provides a 2-year MBA program and the total fee of the course is ₹1,70,000. The university provides 360-degree placement support with industry certificate training and job opportunities in top companies globally.
- Indian Institute of Management Bangalore- This University was established in 1973 and is ranked as the 2nd top University in business school in India by NIRF. The college provides an executive MBA program to the candidates. An executive MBA program is a PG degree that is pursued by working professionals who have experience of over more than 3-5 years. The duration of the course is 2 years with a fee structure of ₹11,80,000. The admission process of the college is very simple and direct with an eligibility criteria of 10+2 with a recognized bachelor’s degree from a good and reputed college.
- Amity University Online, Noida- This university is ranked as one of the best Private Universities in India with an NIRF ranking of 28th in 2024. Amity is known for its premium and world-class education globally. The course duration is of 2 years and the total fee of the course is ₹1,99,000. The admission process for the college is direct and the eligibility criteria is a bachelor’s degree from any recognized good University.
Why College Vidya?
College Vidya is a platform that provides admission to students in 100+ colleges. The platform provides every detail of each college and their high-quality counselors help students to make the right decisions for their careers. It has an AI compare feature from which students can compare different colleges at a time. It provides internship opportunities to students with different certificate programs.
Conclusion
These are the best top-ranked colleges in India for online MBA courses. The right college to choose depends on your criteria and factors depending on your interests and career goals. Always consider some important factors in mind before pursuing an online MBA course from any college. The accreditations, flexibility, cost, placement assistance, internship opportunities, networking, alumni connect, support cell, and accessibility are some crucial factors to be considered before pursuing an MBA degree from an online college.