Online MBA Courses are a trending topic in the corporate environment. An MBA, which stands for Master of Business Administration, is one of the most emerging fields where people are making career changes. An MBA can be pursued by any graduate with a bachelor’s degree by passing various entrance exams. As the culture of business is growing in India and the rest of the world, the management of business is also gaining a lot of traction.
This article is about how ram Ram Prashnavali will help one student to get a scholarship to fund find their education.
Online MBA programs are most common among engineers who want hands-on experience in marketing and business management. After completing an MBA, you can change your field of business and take on various roles such as sales and marketing, business management, and even executive positions like CEO.
Before we dive into more details about online MBA courses, let’s first understand more about the MBA as a course.
Online MBA courses Overview
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- Full form: Master of Business Administration
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- Level of education: Postgraduate
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- Duration of course: 2 years for freshers and 1 year for experienced professionals
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- Specializations: You can specialize in areas such as human resources, sales, sports management, hospital management, and many more.
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- Exams for MBA: CAT, NMAT, GMAT, MAT, XMAT
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- Type of exam:
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- First, you have an objective-based exam. Once a student qualifies in that exam, they also have to clear an interview and group discussion round where a strong profile candidate is selected.
Course Fees for Online MBA courses in India:
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- The average fees for an MBA may vary from 1 lakh per year to 8 lakhs per year.
Top Colleges in India for MBA:
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- IIM Ahmedabad, IIM Bangalore, and IIM Calcutta are the top 3 colleges for pursuing an MBA. There are other private institutes such as FMS Gurugram.
Top Reasons to Pursue an online MBA courses
This guide would be incomplete without discussing why an MBA is important. Most people will say that you should pursue an MBA to earn more money, which is not entirely wrong. However, as this question is often asked in interviews, here are the top 3 reasons to pursue an online MBA courses:
Get Top Jobs:
Most readers are undergraduates from various fields such as commerce (e.g., BCom, BBA), arts (e.g., BA, journalism), and science (e.g., engineering, medicine). Now think of a CEO or top manager roles in any industry. There are only a handful of examples where an undergraduate handles managerial roles. The top-paid jobs in today’s world are managerial roles because they are at the top of the business hierarchy. To get a high-paid job, pursuing an MBA is essential.
Wide Range of Skills:
To learn a wide range of skills such as leading teams, managing clients, and investment banking, people often choose an MBA over other courses. In every MBA college, not only is theory taught, but also practical assignments based on real-life cases, which help students develop a diverse skill set.
Career Transformation:
Technology has been progressing rapidly over the past 40 years. Today, new inventions are happening every minute. To stay relevant, we might have to switch careers to survive the cut-throat competition.
Other Considerations:
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- Position: Many people from different positions leave their jobs or may choose to pursue an MBA simultaneously.
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- Geography: The best example is top MBA colleges in the USA. Many people from India choose the USA as their first preference. Although it is a completely different landscape for them, people change their geography for better opportunities.
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- Fields: People from various fields choose MBA courses to secure high-level jobs. For example, a dentist running a successful clinic might pursue an MBA degree to learn how to run multiple clinics.
A notable example of career transformation is Mr. Rajan Singh, an ex-IPS officer who went to Wharton School of Business to study MBA. Despite having a successful career, Mr. Rajan chose to change his field, position, and geography to move ahead and transform his career.
How We Can Help we in Your online MBA Journey:
As an MBA graduate, I know how difficult it is to pay the fees for an MBA program. So, Ram Prashnavali will pay the entire MBA fees for one of our users every year. This offer is only available for students pursuing their MBA online. The amount should not exceed 25 lakhs INR. One user will be chosen based on their marks and scores.
Conclusion
This was our take on online MBA courses in India. Do share it with your friends and family. According to me, an MBA is a must-have degree and will increase the chances of being successful in any career.
Thank you for reading.