Online MBA is becoming an increasingly popular course in India, so much so, that a lot of recognized colleges and institutions along with autonomous ones have started -offering their very own online MBA programs. However, there are still many misconceptions and misunderstandings about these programs that are causing a lot of confusion and doubt among students and making them hesitate to take admission to an online MBA course.
In this article, we will look at some of the common myths and facts about online MBA programs so that you can make an informed decision about whether or not one is the right choice for you.
#1 Myth: Online MBA courses are NOT recognized as valid Courses in India
Fact: Many Universities like Amity, LPU, NMIMS, etc., offers online MBA courses that are recognized by UGC/AICTE and other approval bodies, making them a highly valued course.
Doing an Online MBA from a recognized and accredited university will not only be considered a valid course by your employers but by everyone across the globe. The courses are designed to meet the same standards as regular MBA programs, and the degree is accepted in the same way.
Also Read: Top Online MBA colleges in India
#2 Myth: Online MBA Graduates get the same starting salaries as regular MBAs.
Fact: The myth that Online MBA Graduates get the same starting salaries as regular MBAs is just that- a myth. While online MBA graduates do have similar backgrounds and qualifications as regular MBA graduates, they generally do not receive the same starting salaries.
This happens because employers view online MBA graduates as having less experience or knowledge than regular MBA graduates. Additionally, employers are also wary of the quality of the education received through an online program. Therefore, online MBA graduates are not usually given as attractive salaries as traditional MBA graduates.
To bust this myth more clearly we have tabulated below the average salary offered to online MBA graduates and regular MBA graduates in top colleges.
#3 Myth: You do not need to study for an online MBA in India.
Although online MBA programs in India are more flexible and can be completed at a student’s pace, they still require extensive study and dedication to successfully complete.
Additionally, online MBA programs in India are held to the same rigorous academic standards as traditional programs, which means that students are required to put in the same amount of hard work to complete the course. Therefore, it is important for students who enrol in an online MBA in India to study and prepare for their classes to ensure that they have a successful academic experience.
#4 Myth: Online MBAs are diploma programs, not degree programs
Fact: The myth that online MBAs are diploma programs rather than degree programs is incorrect. Online MBA courses are valid and recognized degree programs that are often more convenient and beneficial for working professionals. They can upskill and advance your careers from the comfort of your home.
Though some institutions offer online MBA courses of 1 to 2 months duration. These institutes are not considered legitimate and are not recognized by employers. Therefore, it is important to look for online MBA courses that are of at least 3 months duration or longer, to ensure that the qualification is reputable and valid.
#5 Myth: Online MBAs are as expensive as Regular MBAs
Fact: Online MBAs are cheaper than Regular MBAs because of the lack of commuting costs, on-campus housing, and other expenses associated with traditional MBA programs.
To bust this myth more clearly we have tabulated below the average fees of online MBA and regular MBA in top colleges.
Yes, an online MBA is worth it in India. It is a great way to get an MBA degree without having to attend classes in person and can be a good option for those who do not have the time or resources to attend traditional MBA programs.
Yes, an online MBA can be good for freshers, particularly those who are looking to gain qualifications while they are still learning and building their professional experience.
It depends, as each program has its own advantages and disadvantages. Generally speaking, an online MBA can be more flexible and may offer more specialized courses than an offline MBA. However, an offline MBA may offer more networking opportunities and in-person interactions.
Yes, an online MBA is valid in India and is widely accepted by employers. Online MBA programs typically offer the same curriculum and qualifications as traditional MBA programs, and many employers recognize the value of these degrees.