Today, the world is more digitally advanced than ever and can be accessed with just a click. Taking cue from this, universities and institutes have started rolling out online programs to help students across the world to avail quality education.
MBA (Master of Business Administration) is a globally-recognized graduate degree designed to develop business and management skills. The credibility of a traditional MBA ranks high; let’s find out if the same can be said for an online MBA.
An online graduate MBA degree entails all the course features of a regular MBA degree, except that it is pursued via a laptop or computer.
What are the benefits of an online MBA program?
Many professionals today are resorting to online MBA programs in order to make it easier to pursue while working. Taking an online graduate MBA program has its own set of benefits. Let’s take a look.
What is the value of an online MBA?
Gone are the days when online education was considered less credible than traditional education. Today, online education holds equal credibility, provided it is pursued from a globally-recognized institute.
In recent years, online education has broken the conventional norms of education, by offering quality education, better career prospects and ease of education.
The online MBA has risen above all the contemporary programs to ace the online education dynamics. In fact, according to the website “geteducated”, it is the most popular online graduate degree. An online MBA allows working professionals to carve out a career in their free time, without having to give up on their current responsibilities.
According to a survey conducted by US News Data, 91% of students who enrol for online MBA programs are already employed. This suggests that already working professionals add value to their résumé by pursuing an additional online program. This alone is a huge benefit for what the true value of an online MBA is in today’s fast-paced world.
Who should opt for an online MBA?
The online MBA option is ideal for working individuals who do not wish to pause their careers in order to pursue further education. The eligibility criteria for enrolling into an online MBA program is:
- Bachelor’s degree awarded by a recognized university, with a CGPA of 3.00 (on a 4.33 scale) or better, and
- Acceptable GMAT or GRE score that has been appeared for in the last five years, or
- Bachelor’s Degree in Business Administration (BBA) or Commerce (B.Com) or equivalent, or
- At least two years of documented professional or management experience with evidence of career progression and relevant education and/or training.
What are the career prospects after a full-time online MBA degree?
The value of an online MBA cannot be disregarded, neither can the career prospects it offers. Here are some sectors you can work in after pursuing an online graduate MBA degree.
At institutions such as UCW, the online MBA syllabus, is the same as the on-campus program. This works to the benefit of the students in terms of credibility. Online MBAs are preferred by many working professionals. They are flexible, provide a platform for networking and global interaction, and provide good career prospects.
Many institutes have tapped into the potential of online education and made it readily accessible for students from across the globe. This has not only helped working professionals pursue higher education alongside their careers, but also made it easier to succeed for students who want to pursue distance education. One of the top universities offering an online MBA program is University Canada West (UCW). An added advantage of pursuing an online MBA with UCW is that the program structure for the online program is the same as the on-campus program. You can read more about the program structure here.