Online MBA: Major Differences Between Regular, Online & Distance MBA
What is an online MBA program?
An Online Master of Business Administration (MBA) course is one of the most popular PG courses around the world. This 2-year degree course is available in regular, distance & online modes in multiple specializations like Marketing, Finance, HR, Production & Operations Management.
The online MBA courses have equal weightage to an on-campus MBA degree in the industry. The online MBA degree not only provides a thorough understanding of the core subjects but also helps in developing the skills necessary for the business & management sectors.
The updated curriculum & industry-relevant study materials are some of the key highlights of the online MBA.
The practical learnings that you will build through the project works & webinars of the program make students understand the workflow of the current global industry and its trends.
What is a regular MBA?
A regular MBA is also known as a full-time traditional MBA program. A regular MBA is considered to be the best way to pursue a postgraduate degree that offers on-campus exposure to students with real-time interaction with other students and faculty members.
It is a 2-year postgraduate degree program under which students are required to visit the campus for physical classes and required to maintain a minimum attendance criteria for the program.
The degree of a regular or full-time MBA allows the candidate to go for a change in their career and this is the reason why many working professionals (MBA For Working Professionals) get ready to leave their job and take admission in the full-time.
If a student is a fresh graduate and has recently passed their bachelor’s degree then, it is the perfect option for them to choose the full-time MBA. New graduates are more inclined towards the regular program since they don’t have any professional commitments behind them.
What is a distance MBA?
A distance MBA is considered one of the most convenient modes for pursuing higher education in the management field. With the availability of various industry-oriented specializations in business administration and management field, the program has become quite popular among working professionals.
Besides learning all the newly added concepts in the field, students will also have the opportunity to engage with any organization for practical exposure from the very beginning of the program.
Under the distance MBA program students are provided with self-learning material and they are on their own to prepare for the exams and program. There are no classes conducted under a distance MBA. Meanwhile, students are required to visit their allotted study center to appear for their term-end examinations.
Difference between online MBA, regular MBA, and distance MBA
There are differences among the various types of MBA, such as:
1. Classes
In an online MBA program, classes are conducted through a virtual learning platform that includes live sessions, virtual classes, webinars, etc. Under a regular MBA program students are required to attend the physical classes conducted on the campus whereas, there are no classes conducted under a distance MBA program.
2. Fee structure
The fee structure for the regular MBA program is the highest and considered to be expensive but an online MBA program is highly affordable and budget-friendly friendly, is also considered to be the most cost effective learning mode. Meanwhile, the fee for a distance MBA program is affordable and low that can be easily arranged by students and working professionals simultaneously, students can look after the scholarship aid as well.
3. Syllabus
The syllabus and curriculum for an online MBA, regular MBA, and distance MBA remain the same. There is no difference under the subjects of the program as per the guidelines of the University Grants Commission (UGC).
4. Exposure
Students enrolled in the regular MBA program experience a traditional on-campus experience and in-person exposure as compared to an online MBA. In an online MBA students receive the same facilities but through a virtual platform meanwhile, distance MBA students are on their own to prepare for the program with very little exposure and experience.
Assistance offered by College Vdiya
College Vidya is an AI-based student assistance educational portal. On College Vidya, students can access 100+ government-approved universities that offer globally recognized and credible online learning programs. Students can compare & choose among their preferred universities as per their career objectives and requirements.
The students can compare universities on the basis of their rankings, recognition, accreditations, career support services, placement opportunities, fee structure, and multiple other factors that every student considers before enrolling in an online learning program.
Conclusion
An online MBA is among the best choices for working professionals as it allows them to enhance their skills and abilities for better job opportunities without quitting their jobs or hampering their work schedule. It can be concluded that every type of MBA program whether it is online, distance, or regular holds the same value, credibility, and recognition as per the guidelines circulated by the Univerity Grants Commission (UGC).
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