We live in an era where things are getting digitised daily, be it any type of online shopping, paying bills, travelling bookings and whatnot. Similarly, if we look at online education, the domain has evolved, and various online learning platforms provide all sorts of educational and skill development courses.
This article will let us learn about one such course, online MBA programs for working professionals. While we are in the study zone, it is somewhat easy to opt for a class or a program, but how about when someone is working and willing to pursue some courses?
Earlier there was a situation that once you start working it's difficult to choose between work and further education as two cannot walk together. But today, the world has become highly competitive, and there is a continuous demand for learning new skills, upskilling once knowledge, and having suitable certifications in this digital era.
What is an Online MBA Program?
MBA is a degree aspired by many economic, financial and related background learners. An online MBA program is a suitable and progressive version of distance learning. In an online MBA schedule, the lectures are provided through a virtual learning platform and thus can be accessed from anywhere and at any time.
Commonly there are two types of online MBA; synchronous and asynchronous. The one is synchronous, wherein the enrolled candidates have access to the study materials, plus regular attendance is required as there are scheduled online classes.
Another is an asynchronous one wherein learners can access course resources like Pdf notes, video lectures, presentations, and the syllabus. Also, here there are no scheduled classes.
Benefits Offered by an Online MBA Program
As of now, we know that an online MBA class comes in different formats. The below pointers will help you understand how an online MBA program helps work professionals and would give a boost to their careers.
The Flexibility of Time and Location
One of the foremost benefits of online MBA programs is the flexibility in terms of time and location. Such programs allow students and professionals to learn at speed convenient for them without feeling stressed or hassled between their work and education.
Cost Saving
Another benefit of the online MBA program course is its time- and cost-saving. As in an online course, all sorts of expenses on living and travelling are reduced.
Acquire Skills
A program like MBA enables the learners to understand the different aspects of finance, marketing, and accounting. The specialisation further helps you grow your knowledge by gaining in-depth knowledge and a degree in business analytics, finance and marketing entrepreneurship and more.
Career Opportunities
Every working professional desires advancement, promotion and a higher salary package. Thus to draw the right kind of opportunities, it is necessary to invest yourself in the right path. A well-curated online MBA course enables you to understand the different marketing, finance, human resources, operations, sales, IT, healthcare, management analytics, business analysis and related skills that would further help you get a higher-paid job opportunity.
You can also research and go through the below universities and pick a particular online MBA program.
- D.Y. Patil University provides courses in Marketing, Management, Finance, IT, Artificial Intelligence & Machine Learning, Digital Marketing and so on.
- Similarly, Dr M.G.R University provides a Bachelor of Business Administration, i.e. BBA and Master of Business Administration in different electives.
- Further, Manipal Academy of Higher Education (MAHE) offers MSc and PGCP courses in Business Analytics and Management and a Master of Business Administration program.
Go through their program and courses pages and learn more about how to enrol, the schedule, course pattern and all other related information. Similarly, one can also walk through other similar websites for better comparison.
Drawbacks of Online MBA Programs
As of now, you know an online MBA helps you maintain a healthy and comparatively easy work-life balance. It further allows you to manage your work in real-time, thus growing a worldwide professional network. In addition to the advantages, there are some drawbacks as well.
Need for Discipline : An online MBA course to be completed successfully demands great discipline and a balance of work and family responsibilities.
Lack of Campus Experience : In an online MBA, one of the major drawbacks is the absence of campus and face-to-face experience as well as interactions.
Cost of Technology : Any type of online MBA program needs you to invest in electronic devices like laptops and high-speed internet connectivity, which are costly.
Summary: In recent times, more and more people have opted for an online MBA program. This shift to digital courses is basically since now an individual demands career growth along with completing their education. Thus if you are looking for an online MBA program while working, go ahead and take the first step as digital platforms guide the era.
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