Why should you consider a Distance MBA as an option for a Regular MBA program?

If you are considering getting your MBA, in light of the rising costs of higher education, then there is a good chance that you are looking at how to get the most for your money. Which leads to a question: Is it worth it for me?

Let's start by asking this, is an MBA worth more than four years and a minimum of 20 Lakhs in debt? That's what I would say. The answer really lies in three factors: Your current job market prospects, if you have the skillset and interest to attend a distance program, and the tuition cost-to-value ratio of an online or on-site program.

"What You Need To Know About Distance MBA"

Distance Learning MBA is a great option for people who want to study business but don't have enough time.

It's hard to juggle work, family, and school. But, with distance learning MBA programs, students can study in their own time and at their own pace. Distance education makes it possible for students to live anywhere in the world and still get the same quality education that they would get on campus.

Distance Learning MBA is a program that offers the same curriculum as an on-campus MBA. The only difference is that you will be learning from a distance.

Online MBA degrees are becoming more and more popular. The distance learning MBA has some advantages over the traditional form of education. It is often less expensive, flexible, and accessible to people who can't physically attend classes.

Impact of Online MBA courses on your Career:

1. Promising career opportunities:

   A career is the most valued craft of a person’s life. It gives a person a sense of value, recognition, and financial independence. Advancing in one’s career is a dream for most working professionals. To advance in a career one needs to attract the right kind of opportunities. To attract the right kind of opportunities, it is inevitable that you invest in your own development related to business knowledge, personality, and awareness of business functions. An online MBA degree can surely assist you to attract the right kind of opportunities and be visible on the right kind of platform.

2. Networking:

   For working professionals, expanding their social network is important. When you enroll in a professional course like an Online MBA, you automatically get in touch with the right kind of people as your batchmates. This professional group of batchmates surely adds value to your knowledge. You also get exposed to different work cultures and opportunities. Online MBA course delivery doesn’t have geographical limitations. Hence there is a possibility that you may interact with students who are from different countries and backgrounds. This will increase your understanding of diverse cultures. Managing diversity is one of the most coveted skills by employers these days.

3. Job Promotions:

   A well-curated Online MBA helps you to increase your understanding of business practices. You get aware of the various aspects like marketing, sales, IT, finance, operations, human resources, etc. Since you widen your base through this course, you tend to receive the most suited job promotions. The research was conducted considering what the candidates expect after completion of an MBA degree. 94% of the participants expected to secure senior management job roles in the next five years timeline. 71% mentioned that it has enhanced their personality and made them more confident about reaching their career goals, hence they will soon achieve their job promotions.

4. Income:

   Since you become the most suitable for the promotions, it surely reflects in your pay packages. When you are pursuing an Online MBA, you can balance your job and studies. Hence you are getting hands-on exposure to the real world as well as getting input on the theoretical concepts that drive the real world. This gives you a unique experience that is valuable for the employer also. Since the employer benefits from your experience, they are more open to offering you a pay rise. You may also look for the top opportunities available in the market by other employers. Research suggested that 47% of the total participants expected to earn more than 60% of their current packages in the next two years span.

5. Career Progression:

   The small steps that you take daily help you reach your career goal. These baby steps help you reach your true potential. When you are handling a full-time job and Online MBA courses you are acquiring the skills like time management, planning, crucial decision making, a delegation of tasks, increased focus. All these skills lead to an improvement in your overall personality and soft skills. You must be aware of the fact that employers are looking for employees with high scores on soft skills. The faculty at the reputed MBA schools help you chisel your personality and add to your knowledge base at the same time. All these factors contribute to the overall career progression of the candidate who decides to go for an online MBA.

6. Emotional Boost:

   The percentage of employees in the workforce who take a break from work is at an all-time high. They take a break to pursue certain hobbies, dream journeys, personal responsibilities, etc. However, after the break when you plan to return to work, an Online MBA degree might be the one that will give you the right kind of launchpad. Especially, for the women employees

   who might take a break to start a family and after a few years wish to return to work, they can find a tremendous increase in self-confidence and a boost in self-image. The new learning, newly found the professional network and the confidence from the faculties might just be the thing that they might be needing to take their career in the right direction. New learning experiences can give you the emotional boost you might need to progress in your career.

7. What do employers look for:

   The employer’s point of view is crucial in the whole process. What do employers value more? A full-time on-campus program or an Online MBA? It's interesting to know that it doesn’t matter what methodology you used to complete the degree! Yes, you read it right, the methodology of the course delivery doesn’t matter if you are in a position to give quality work to the employer. The employers however value the quality of the MBA program and the value a candidate can deliver to the organization. So, while choosing an online MBA program you need to look for good quality reputed colleges/universities/courses.

So these are the Impacts of Online MBA courses on your career as a working professional.

Online MBA courses are a convenient way to get an MBA degree, especially for people who are working full-time and want to pursue a career in business.

It has been seen that Distance MBA students are more likely to get employed than those who did not pursue this degree.

To know more about Distance MBA visit SimpliDistance.

Education Consultant. Helping Students and Working Professionals to excel in their careers through Distance Education.