Students from various fields of education often pursue an MBA program at some point during their careers. The number of applicants looking to pursue an MBA program in India is increasing every year. But have you considered an online MBA?
As we’ve been hit by the current global pandemic, we can’t help but wonder, will the world ever go back to how it used to be? COVID-19 has not just claimed lives, but it has also taken away our economic stability. With schools and colleges being locked down and forced to conduct classes online, it might be best to make a digital switch as soon as possible. These difficult times call for us to improvise. We must look at strategies that will help us be prepared for what the future holds. The right kind of preparation will secure your future and help the economy as well.
Here are some reasons why now would be the perfect time for you to pursue your MBA online.
Have you ever been stressed about being able to manage your studies along with other responsibilities? An online program will help you eliminate this stress. Online courses give you the flexibility to manage your time efficiently. You can create your schedule and study on your own time. Course material is always available online, including video notes and lecture material. This is one of the biggest advantages of pursuing an online MBA course. It also helps in having a work-life balance.
Online programs typically offer a more affordable option than traditional colleges do. Although online courses can still be expensive, they are lighter in your pockets than a traditional college experience. Moreover, your total costs are lower when you pursue an online MBA. You’ll be saving money on various sources such as transport. Travelling to college every day, especially if you live far away will add up over time. If you choose to stay in a college dorm, accommodation rates are high as well. Apart from this, there are more costs involved with a traditional college when compared to an online course. This is why an online MBA can prove to be more affordable over time.
3. Global Opportunities
Let’s say your dream college is in a different part of the world. You will need to look into moving across the globe, and with this move, there comes a lot of challenges. Getting your visa, the cost associated with air travel, adjusting to a whole new culture, and so much more. Not everyone can do this due to other responsibilities. But does this mean you won’t get global opportunities? Absolutely not. One of the best things about an online MBA is that colleges are always welcome to bring in international students. You can get certification from any college of your choice while sitting in the comfort of your home.
Also Read: 5 Reasons why MBA can boost your career
While students come from different parts of the world, different cultures, different undergraduate degrees, and of different experience levels, it’s a great chance to interact with them and build your network. As they say, your network is your net worth. Social networking sites are becoming increasingly popular in today’s world. You can virtually connect with your peers and classmates. There are several ways to stay in touch and with the advancement of technology, everything is now online. From virtual parties to video conferencing, it can be easier to connect online. This gives you access to a wider network of business acquaintances and will help you land your dream job.
5. Higher Retention Rates
A study published by Forbes states that 77% of academic leaders feel that online education is equal or superior to traditional learning. A study by Learning House Inc, suggests that 85% of students who enrolled with both face-to-face and online programs felt that their online college experience was better. With the economy entering a recession, a few industries will be impacted more than the others. But being prepared and upskilling will better your chances of being hired.
The lockdown has given us ample free time. With social distancing becoming the new norm, we have more time on our hands than ever before. It’s up to you to make use of this time in the right manner. One thing you can do is turn to online MBA programs for learning. E-learning companies are providing support during these unprecedented times, and this trend is likely to grow even after the pandemic. Remote learning proves to be a helpful tool and a convenience to many. In the end, unprecedented times call for unprecedented measures.0