Should you invest in an Online MBA ?
Should You Invest in an Online MBA? Complete Guide for Career Growth
The hot topic amongst budding entrepreneurs are, is a Master of Business Administration qualification worth it? Yes, you heard it right. Pursuing an MBA program on-campus or off-campus is a major topic of discussion. The root of the answer lies in whether a prospective business leader should pursue an official degree to gain knowledge or whether real-world skills are more necessary. We are here to put an end to your queries.
A Master of Business Administration program is specifically designed for individuals seeking theoretical and practical knowledge of business setups, managerial aspects, and investment models. As a wholesome pack, it equips the learners with the relevant skills to keep a solid first step in the business world. Of course, its claims aside, it all comes down to a few stamping factors that decide whether pursuing this course offline or online is worth the effort, money, and time or not.
A prime question – Can you commit to full-time studies ?
Do you have a bar for spend-limit on education ?
Consider this – Do you want to engage locally or globally ?
Yet another aspect of online MBA that wins hearts. While offline MBA allows the knowledge-seekers to indulge in group projects and work in a real-time environment with their peers, a fact is often overlooked that their coequals are near the same socio-economic background, leaving them with minimal networking exposure. On the other side of the spectrum, enrolments in an online MBA program are not necessarily from the same geographical area allowing a lot more scope for thought expansion and higher chances of collaboration & idea exchange amongst a divergent group of individuals; an aspect which is consequential for someone who aims for a global business model.Let’s talk numbers – Is an online MBA equally rewarding as its on -campus counterpart?
A few roles in this domain include
1. Management Consultant :
Management is a broad term that connects almost all functions and departments of a company. As a management consultant, one typically works on high-level business issues that impact the CEO, Board of Directors (BOD), Board of Management (BOM), etc. Because they are typically in charge of a firm’s management operations. Such consultants are specialized advisors who evaluate business practices and strategize with firm leaders to solve operational and organizational problems. At the core, they identify and analyze business challenges and create solutions to make the company, department, or project more successful, profitable, and efficient.
Average Annual Salary : ₹22.0 LPA |
2. Project Manager
A project manager is responsible for planning, procuring, executing, and completing a project. They are the ones responsible for the entire project and undertake all tasks such as project scope, project team leadership, and resource allocation to the project. Ultimately, the project managers are responsible for the success or failure of any project
Average Annual Salary : ₹14.3 LPA |
3. Manager
A manager is a high-level role responsible for managing a particular department, overseeing everyday operations, and coordinating with supporting departments. Managers supervise, direct and assess the workers who are employed under them. They also carry the responsibility for recruiting teams, evaluating skills, providing necessary training, and supervising performance.
Average Annual Salary : ₹22.0 LPA |
4.Brand Manager
The brand manager’s job is to ensure higher profits by improving people’s overall perception of the company and its products and services. They are responsible for building brand equity and changing public perceptions of brands.
Average Annual Salary : ₹12.0LPA |
5.Marketing Manager
A marketing manager is a person in charge of the marketing department. They promote the company’s products and services and increase sales conversion rates. They also plan marketing campaign strategies to attract customers.
Average Annual Salary : ₹7.3LPA |
Final Verdict
If you aim for a leadership or management role, the right qualification is essential. It not only builds strong skills and practical knowledge but also boosts your overall career growth. To avoid any gaps or limitations in your professional journey, pursuing the right degree becomes highly beneficial.
The best part? You can study the same level of course with no compromise on quality, while enjoying lower costs, flexible learning options, and a globally recognized curriculum.