Master of Business Administration (MBA) is a postgraduate program that offers business administration and management knowledge and skills to students. This program is specially designed for working professionals, and the graduates of this program work in management roles of top companies, or start their businesses.
However, to be eligible for this program there are so many requirements like substantial work experience and qualifying entrance exams like GMAT, CAT, etc. Also because of full-time commitments many individuals are not able to pursue this program.
To provide solutions to all these problems and fill the gap in the market. Many universities have introduced Online MBA Courses. Online Programs provide flexibility in learning and duration of the program and provide a self-paced learning facility.
Also, an MBA online is found to be well-suited for working professionals because they can continue their jobs and continue gaining experience with their studies.
However, there is a debate always going on about which MBA is better online or offline. In this blog, we’ll discuss the pros and cons of both online and regular MBA so that, students can decide by themselves, which one is better for them.
1. Advantages of Online MBA
MBA online has lots of advantages as compared to offline or regular MBA. Online MBAs provide 100% flexibility to students as they can study from anywhere and do self-paced learning. Also, online courses are more affordable. Students also have the option to study at global universities. Moreover, students get access to multiple learning resources through the university’s integrated LLM. Online MBA programs are designed student-centric, and offer the best quality of education while focusing on students’ comfort.
2. Disadvantages of Online MBA
While there are a lot of benefits associated with the online program, one disadvantage is there that online MBA lacks practical hands-on experience. Because of online dependency on the program, students are not able to learn practical aspects of the course and also there is less scope for networking in the online program.
1. Advantages of Regular MBA
Regular MBA is not just popular because students get practical learning exposure but also because there is a good scope for networking, the networks students build during the program would help them for life in getting better job roles or starting new ventures. Moreover, the overall environment of doing a regular MBA is highly interactive and improves an individual’s soft skills.
2. Disadvantages of Regular MBA
Regular MBA demands full-time commitment and intense course work because of that working professionals are not able to apply for the program as they have personal and professional responsibilities. Flexibility is one of the biggest disadvantages of a regular MBA. Also, not everyone can afford the high fees of regular programs. And the barrier of clearing the entrance exams also stops students from getting the valuable learnings of the program.
Is there any other option than an Online and Regular MBA?
Yes, Other than online and Regular MBA, students have the option of Distance MBA education. Distance MBA is kind of a combination of both, as this mode is conducted in hybrid mode, in which students only have to attend the weekend or evening classes. However, the reputation and quality of education in distance mode MBA is questionable. During the Pandemic, the online education revolution takes place, which change the whole education industry. The most affected mode after online education was popularized is distance mode because now students have the better option which provides better coursework and facilities to the students.
Advantages of Distance MBA
For students who want to experience the flexibility of online education and practical experience of physical classes, a distance MBA can do the justice. Distance MBA is equally valid as online and regular MBA. Moreover, distance MBA is also affordable and a talented and motivated student can get good job opportunities after completing the program.
Disadvantages of Distance MBA
Distance MBA lacks full flexibility, students who live near college can only attend the program. Additionally, the quality of education has sometimes also been sacrificed in distance MBA programs. In society, there is no good reputation for distance programs. Also there are no as such facilities provided to the students.
How does College Vidya Help Find the Best Online MBA University?
College Vidya is India’s no.1 online education advisory platform, which provides an unbiased comparison of online universities of your selected courses and specifications. The suggested universities can be easily compared with the College Vidya AI-powered comparison tool. The comparison provided on fees, syllabus, student reviews, approvals, etc. Moreover, there are other benefits students can avail of after taking admission such as post-admission services, CV community access, mentor guidance, placement support, and CV subsidy.
Conclusion
To conclude, any mode of MBA can be pursued by students based on their personal choice and professional goals. Every mode has some advantages and disadvantages. Most important to know is every mode of degree is considered equivalent.
