Why An Online MBA Is Better Than A Regular MBA?
Have you recently completed your graduation or will soon be graduating and are looking for higher education options? An MBA is one of the courses that will surely be a part of the list of courses that you might wish to explore. A master’s degree in business administration is not just one of the most widely fetched courses among fresh graduates but many working professionals also wish to pursue the same. Lately, taking up an online MBA course is also an option that has been considered by many aspiring students. While there is a constant debate over which type of MBA course is better, it is always a great option to weigh the pros and cons of the two modes of the course and pick the option that suits you the best.
In this article, we will be helping you identify why an online MBA is better compared to a regular MBA. To help you compare your options, we will be looking at the features of both the online as well as offline modes of this course. By the end of this article, all our MBA aspirant readers will have more clarity on which course they must be chosen for their higher studies.
Table of Contents
What Is An Online MBA?
In the last few years, the online education system has been a powerful tool in making education more accessible for all. An Online MBA in India is a great way for the youth to continue with their jobs while they upskill and increase their chances for a better job. An MBA program conducted in online mode allows the students to take virtual classes, attend online lectures, submit assignments from their homes, and also give their exams completely online. This makes an online MBA highly flexible and a great choice for many working professionals.
What Is A Regular MBA?
On the other hand, there is the regular MBA program which has been in place for decades and has been one of the most preferred courses for graduates throughout the country. Regular lectures are held in classrooms along with industrial visits, offline assignments, and more which give the students a lot of experience and exposure before they join the industry. The competition, however, for a regular MBA is quite high and your need to clear an entrance exam for the same. Compared to an Online MBA, this course is not very flexible too.Â
Online V/s Regular MBA: Which Is Better?
An online MBA course and an offline MBA course can be compared based on certain factors. In this section, we will walk you through the major differences between the two types of MBA courses to help you make an informed choice.
Factors To Consider | Online MBA | Regular MBA |
Mode Of Delivery and Principles Of Teaching | The mode of delivery of lectures is online. Classes are conducted virtually and submission of assignments as well as exams are held online. This is a flexible course with a flexible schedule. Students can continue working or take up a job if required. | Regular lectures are held in classrooms with a fixed timetable. Exams are also conducted online. There is not much scope for flexibility and a proper schedule is followed. The students have to invest their time completely in this course. |
Curriculum | The curriculum is the same as a regular MBA. Both theory and practical lessons are included in the course. | The theory and practical lesson plan of a regular MBA program is followed. |
Admission Process | You need to complete an online application and submit your documents to start with this course. | To qualify for this type of MBA you need to sit for entrance exams and meet the cut-off requirements of the universities to which you wish to apply. |
Fees | The fees for an online MBA in India vary between 2 to 4 lakhs. | The fees for government colleges are 3 to 7 lakhs while it can go on 15 to 17 lakhs for a private college. |
Duration | The duration of this course is 2 years but if specified by your university you can spend more time and complete the course at your pace. | The duration of the course is 2 years and there is no flexibility of time. |
Exposure | With regular sessions, webinars, and interactive sessions with industry leaders, a lot of focus is given to exposure in an online MBA course. | Industrial visits and regular interactions with on-ground professionals are important parts of the curriculum in this mode. |
Networking | Networking is not an issue as the world is now online. Students can interact with their faculties as well as their peers using the various systems in place. They can also attend virtual events held for networking. | Large-scale face-to-face networking is possible as students have the opportunity to interact with their faculty and peers. |
Placements | Placement support and assistance are provided by the university for all students. Some good universities also conduct placement drives similar to a regular MBA | Placement sessions are conducted at the end of each academic session and students have the opportunity to get places in top companies. |
Conclusion
As we conclude our discussion on why an online MBA is better than a regular MBA, we hope that you might have gathered the necessary information to help you choose the right type of course. If you are a working professional or a fresher who wishes to experience the job market and simultaneously compl
ete your master’s degree, an online MBA course is the best option for you. If you wish to be a part of a fixed schedule and have the time and space to pursue a regular MBA, you must be on top of your preparations for the various entrance exams.
FAQs
The fees for an online MBA in India are between 2 and 4 lakhs. You can compare the fees of various universities and choose an option that fits your budget.
The duration of an online MBA course is the same as a regular MBA course, that is, 2 years. However, many universities allow you to complete the course at your pace taking up some extra time.Â
An online MBA is better if you consider the flexibility offered and the fees of the course. The curriculum is the same as a regular MBA.Â
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