MBA or Masters of Business Administration is a master’s program that students pursue to build expertise in business management, this program is for bachelor graduates and working professionals who are looking to upskill and work in managerial positions.
Before pursuing an MBA, candidates have to make a full-time commitment to the program and attend regular classes. To be known as an MBA holder candidates have only the option to pursue the program in regular mode but now after the pandemic the revolution in the education industry has opened up multiple options and modes of education to achieve the reputed business degree.
In this blog, we’ll share different types of MBA available today, with the number of options you can make a better decision and find the right Online MBA programs for a better career.
Types of MBA
There are multiple types of MBA available for interested candidates, the program is more accessible than ever, The available MBA options are- Regular MBA, Distance MBA, Online MBA, Global MBA online, Online EMBA, One-year MBA, and IIM Online MBA.
1. Regular MBA
This is a traditional MBA program that requires a full-time commitment and compulsion to attend classes on campus. The coursework followed in a regular MBA is mostly theoretical. The program is costly and not everyone can afford it from the good colleges because of geographical restrictions and the requirement of qualifying entrance exams. However, there are better networking opportunities for the candidates in this program.
Key Features:
- On Campus Learning
- Full-time Commitment
- Internships
- Networking Opportunities
2. Distance MBA
MBA distance education is a hybrid mode of MBA, that also existed for a long time. The program has limited flexibility because you have to attend classes of the program on weekends and exams are also conducted on campus. This program can be good for students who want to experience on-campus studies with flexibility.
Key Features:
- Self-Paced Learning
- Limited Flexibility
- No placement Support
3. Online MBA
This is currently the most popular and in-demand MBA program, which is completely online providing 100% flexibility to students. You can learn at your own pace at a selected schedule. Designed for students and working professionals so they maintain a work-life balance with their studies. Students can pursue this from any university in the world because of no need to visit college.
Key Features:
- Completely online
- Global Access
- Cost-Effective
- Flexible Schedule
4. Global MBA Online
This is also a completely online program but designed for working executives. Generally, candidates with substantial corporate experience opt for this program to upgrade their business understanding and learn global business standards and strategies. This program includes more practical work, assignments, and capstone projects.
Key Features:
- International Exposure
- Focus on Global Business
- Diverse Networking
- For working executives
5. Online Executive MBA
This MBA program is online and is designed for working professionals having 2-3 years of experience, The Online EMBA program duration is 1 year but some universities also offer it for 2 years. This program allows working professionals to achieve equally relevant degrees as regular MBA in a shorter time.
Key Features:
- Part-time Learning
- Leadership Focused
- Shorter Duration
6. One-Year MBA Online
A one-year MBA is similar to an executive MBA, but the main difference is executive MBA can extend to 2 years but a one-year online MBA not. This program is focused on specialized learning not on the fundamentals of management because already professionals who are already working in managerial positions pursue this degree.
Key Features:
- Accelerated Program
- Online and Flexible
- Specialized Learning
7. IIM Online MBA
This is the Online MBA program offered by the Indian Institute of Management, One of the top management institutes, these programs are provided in completely online modes, and achieving an online MBA degree from IIM has recognition all over the world. IIMs cover key business areas in this online MBA program. However, qualifying entrance exams like CAT, GMAT, etc are required for admission in this program.
Key Features:
- Reputed Institution
- Interactive Learning
- Flexible
- Career Focused
How to Find Online Universities for MBA Programs?
Students interested in pursuing an MBA from online universities can find the best university by comparing all recognized universities offering the program on the College Vidya website. College Vidya is an unbiased platform that provides free-of-cost services such as compare, counsel, career, and community.
Students can compare the universities on fees, reviews, placement support, approval, etc. After comparing and taking admission to the preferred college, students get complete support from College Vidya till the candidate gets placement.
Conclusion
To conclude, in this fast-paced world, there are multiple types of MBAs other than regular and distance MBAs are available for students. Anybody can achieve an MBA degree with online flexibility and achieve greater success in their career. However, it should be the student’s individual choice to pursue which MBA as per personal preference and career objective.
