Online MBA Career Options: Salary, Placements, Job Opportunities, Scope
An online MBA creates a variety of career options in diverse industries for students. It is a two-year master's degree in business administration designed for freshers and working professionals. There are several online MBA colleges in India that offer an MBA degree online in diverse specialisations allowing students to develop knowledge and skills in their chosen domains.
- Career Options After Online MBA
- Online MBA Salary in India
- Popular Online MBA Specialisations
An online MBA offers great flexibility, providing students with the convenience of studying from anywhere and at any time. The programme is particularly beneficial for professionals with other commitments and who want advanced education. Read on for popular online MBA jobs, salary, top colleges, recruiters, and more.
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Career Options After Online MBA
There are numerous career opportunities for online MBA graduates in India and abroad. After completing the course from UGC approved online MBA universities, they can find career options in their chosen specialisations and enter their desired fields.
Some of the popular online MBA specialisations are finance, marketing, operations management, international business, and others, which can lead to the following careers:
Project Manager - A project manager is one of the masters in business administration jobs. He or she is responsible for the planning, procurement and execution of a project. Project managers also coordinate with their teams so that they can perform at their highest levels.
Manager - This is one of the best online MBA career options one can pursue in diverse domains. A manager is a senior-level professional who manages specific departments, oversees daily operations and coordinates with other departments. He or she supervises and guides the staff working under him or her.
Sales Manager - This is another one of the popular online MBA job opportunities. A sales manager guides the sales personnel, assigns them monthly targets and supervises their performance. He or she also provides training to his team to upgrade their skills for improvement in sales performance and pitch potential customers for their services.
Marketing Manager - Amongst the highest-paying MBA jobs is marketing manager. A Marketing Manager is the head of the marketing department and is responsible for promoting and positioning the products and services of a company for higher sales conversion. He or she also plans strategies for marketing campaigns to attract customers.
Brand Manager - Another one of the top online MBA job opportunities is a brand manager. The role of a brand manager is to ensure maximum profit by improving the general perception of people towards the company and its products and services. He or she also builds brand value and changes public perceptions of a brand.
Financial Advisor - This one of the highest-paying MBA jobs can be found in both the private and public sectors. A financial advisor is responsible for providing financial services to clients based on their financial situation. While most financial advisors offer advice on various topics, some specialise in areas such as retirement or risk management.
Advertising Manager - An advertising manager works in a team to create and implement various forms of advertising media, determine budgets and collaborate to create effective promotional and advertising campaigns. One can pursue this one of the popular online MBA jobs in India and abroad.
Finance Manager - This is one of the masters in business administration jobs. A finance manager is responsible for planning, organising, and executing financial tasks and projects of the organisation. He or she also works on creating financial reports, directs investment activities, and develops strategies for long-term financial goals.
Also Read:
- Is Online MBA Worth It?
- How Can an Online MBA Degree Benefit Your Career?
- Is Online MBA Recognized by UGC?
Online MBA Salary in India
Online MBA jobs are considered equally valuable to a traditional Master of Business Administration (MBA). Numerous online MBA career options with higher MBA salaries are available for graduates. The salary of an individual with an MBA online course can vary depending on factors such as experience, job types, employer, industry, and job location.
The following table lists the online MBA salaries of different job roles.
Online MBA Jobs | Average Base Salary (annually) |
|---|---|
Business Manager | Rs 1,107,298 |
Sales Manager | Rs. 6,05,589 |
Marketing Manager | Rs. 7,77,820 |
Brand Manager | Rs. 8,05,490 |
| Project Manager | Rs. 1,445,844 |
*Source: PayScale
Resource Links for Online MBA
Online MBA Scope
There is a vast scope of an online MBA for graduates at the national and global levels. They can opt for careers in both private and government sectors or start their own business. An online MBA can help candidates grow professionally as well as personally by enabling them to pursue other courses like online general management certification courses.
Some of the popular employment areas one can explore online MBA careers are as follows:
- Financial services
- Insurance
- Real Estate
- Retail
- E-Commerce
- Fashion
- Hospitality
- Stock Trading
Popular Online MBA Specialisations
There are various specialisations available in an online MBA. Students can choose from different online MBA specialisations based on their area of interest. Mentioned below is the list of specialisations in online MBA one can choose to accomplish their career goals.
Top Online MBA Recruiters
Online MBA courses are increasingly gaining recognition all across the world. To gain a competitive advantage in today's business landscape, companies, regardless of type and size, look for management professionals who can meet their business goals. Following are the top companies that hire candidates who have pursued an MBA degree online:
- Amazon
- Flipkart
- Zomato
- Swiggy
- Nestle
- HCL
- Raymonds
- Puma
Popular Colleges Offering Online MBA in India
Several Indian universities offer online MBA courses in different specialisations. Students must visit the official website of their preferred college and meet all the admission requirements. Mentioned below is the list of some of the top online MBA colleges in India.
- LPU Online
- UPES Online
- Amity Online
- Jain Online
- ICFAI Online
- Manipal Online
- Chandigarh University Online
- Bharathidasan University Online
- Amrita AHEAD Online
- Manav Rachna Online
Conclusion
Online MBA career options are vast. Graduates are not limited to national companies but also pursue careers globally. The course provides learners with knowledge of business administration and management, creating online MBA jobs in both private and public sectors.
Frequently Asked Questions (FAQs)
Some of the popular career options include Project Manager, Marketing Manager, Advertising Manager, Finance Manager, Financial Advisor, Business Manager, Sales Manager, Brand Manager, and others.
The salary of graduates can vary depending on factors such as job type, industry, experience, employer, and job location. The average salary an individual with an online MBA can earn in India is Rs 4 lakhs to 9 lakhs per annum.
Some of the top recruiters for students who have completed an online MBA in India are HCL, Amazon, ITC Hotels, Flipkart, Zomato, Reliance, Taj Group of Hotels, and Grofers, among others.
An online MBA holds significant value and recognition across different industries, irrespective of the type and size. One can explore different types of jobs after MBA in both private and public sector companies.
Some of the key skills one must possess to make a flourishing online MBA career include organisation, negotiation, communication, conflict management, leadership, and analytical mindset, among others.
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Questions related to MBA
Hello,
Yes, it is feasible to pursue an MBA through distance education along with doing your CA articleship because ICAI does not prohibit it in the first place. But then you need to follow ICAI regulation, which states that a CA articleship requires full time commitment. To comply you have to inform ICAI about your intention to pursue the other course and seek prior permission through Form 112. Ensure the timings of your MBA classes, even if these are online, do not clash with your articleship hours.
Value of an MBA besides CA:
- Improved Business Acumen : An MBA gives one a broader perspective on business management, leadership, and strategy, complementing the technical expertise one gains from CA.
- Career Scope: With CA and MBA, you can explore finance, investment banking, management consulting, and senior management roles.
- Networking: The opportunities to connect with your peers and professionals are available through the MBA programs, even when conducted in distance mode. Your professional network will widen.
- Leadership Skills: The MBA program focuses on soft skills such as communication, teamwork, and leadership that are essential for your career growth.
Align your specialization with MBA in your career goals like finance, marketing, or operations, to gain maximum value.
Hello,
The cost of an MBA in India varies significantly based on the institution. Here are the approximate fees for different types of colleges:
- Top IIMs (Indian Institutes of Management): Rs. 15-25 Lakhs per year.
- Other Prestigious B-Schools (like XLRI, ISB): Rs. 12-22 Lakhs.
- Private Universities (like Symbiosis, SP Jain): Rs. 8-20 Lakhs.
- Government Colleges/Universities: Rs. 2-5 Lakhs per year.
- Distance and Online MBA Programs: Rs. 50,000-2 Lakhs.
The fees depend on the reputation of the college, infrastructure, and location. Scholarships and financial aids may be available.
Hope it helps !
Currently,NIPER (National Institute of Pharmaceutical Education and Research) does not offer an online MBA program; all their MBA programs, which are typically focused on Pharmaceutical Management, are delivered through traditional on-campus learning
NIPER conducts their own entrance exam NIPER JEE. You have to qualify GPAT in order to seat in NIPER JEE. If u will qualify in written, you have to appear in group discussion and personal interview. On the basis of combined Merit list of all written gd pi you will get admission.
ALL the best!!
No, GGU does not accept GMAT score for admission to MBA program. Admission to MBA program in GGU are done through CUET (PG) exam conducted by NTA. GMAT score are considered for admission to various business school like IIMs as IIM Ahmedabad, IIM Lucknow,IIM Calcutta, indore, ISB Hyderabad and Mohali, XLRI Jamshedpur etc. to know more about GGU, admission, visit MBA courses in GGU Bilaspur
Hello
Career options for MBA graduates in the UK and the USA as both countries are home to thriving industries and multinational corporations.
Here’s an overview
1. Finance: Investment Banker, Financial Analyst.
2. Consulting: Management Consultant, Strategy Analyst.
3. Marketing: Brand Manager, Digital Marketer.
4. Technology: Product Manager, Data Analyst.
5. HR: HR Manager, Talent Specialist.
6. Healthcare: Administrator, Consultant.
7. Entrepreneurship: Startup Founder, Business Developer.
8. Operations: Supply Chain Manager, Logistics Analyst.
Key industries : Finance , Tech , Healthcare and Consulting .
For more details links given below
Link for UK
https://studyabroad.careers360.com/articles/job-opportunities-after-mba-in-uk
Link for USA
https://studyabroad.careers360.com/articles/jobs-after-mba-in-usa
Thank you