Is an Online MBA Worth It? The Return on Your Investment

If you value affordability and flexibility and are willing to embrace online engagement with your students and lecturers, online MBAs may be worthwhile.

Getting your Master of Business Administration (MBA) will help you develop your business knowledge, improve your leadership skills, and give you access to a large network of people who share your interests. Will the advantages still apply if you complete your MBA totally online? It depends on your financial situation, costs, and other aspects, as well as your personal and professional ambitions.

How much do online MBAs cost?

Whether the institution is public or private, in-state or out-of-state, and how much financial help you receive can all affect how much an online MBA costs. Online business school programs in India will cost between Rs 60,000 to Rs 4,00,000 for the duration of the program in 2022, according to SimpliDistance, a Distance MBA Portal. The cost of in-person courses may be greater. Many cost more than Rs 5,00,000; for some institutes, a single year of tuition and living costs might exceed Rs 1,00,000.

Advantages of Online MBA Program -

1. Quality:

   Offered by a prestigious business school in India, these online MBA programs are similar to their on-campus counterparts in terms of curriculum, faculty, and alums networking.

2. Accessibility:

   The facility to access online lectures and other study materials anywhere can make an immense difference to your success. You can choose the best study locations to suit your learning style and carry on with your MBA studies without missing deadlines.

3. Flexibility:

   Online MBA programs have flexible academic schedules. Enables students to watch live video lessons, answer quizzes and join discussion forums with classmates anywhere anytime.

4. Affordability:

   For the many aspiring students concerned about education costs, Online MBAs can offer great value in terms of cost and timeline flexibility

5. Affiliation:

   Accredited online MBA programs meet the same educational standards as their on-campus alternatives, In particular, prospective students should look for an MBA program that holds accreditation from the UGC-DEB/ AICTE.

Online MBA salaries: The return on your investment

The pay package you will receive after completing Online MBA courses varies depending on your MBA specialization. The table below displays the average base income yearly for online MBA graduates in various job roles.

Job Role

Average Base Salary

Business Operations Manager

Rs. 9.7 Lakhs

Financial Manager

Rs. 7.8 Lakhs

Business Analyst

Rs. 5.8 Lakhs

Project Manager

Rs. 12 Lakhs

Marketing Manager

Rs. 6.5 Lakhs

Human Resource Manager

Rs.7 Lakhs

How to Apply for an Online MBA in India -

• Visit

SimpliDistance

• Find the Course you want to apply for.
• Select the Course from which college you want to pursue.
• Scroll down to the bottom of the page and click the Apply Now button.
• Fill in the desired information.
• The college administration will contact you for further process

SimpliDistance is an Online Learning Portal for MBA / PGDM / UG / Diploma / Certificate / Executive Programs in India. Approved By UGC — DEB /AICTE. SimpliDistance has listed every college offering Online Learning courses with all their exact details like course fee, curriculum, eligibility, etc.

Find the Top Distance MBA Colleges in India.

Online MBA Programs Conclusion -

"The training you receive in an MBA Program prepares you to deal with ambiguity and provides a buffer against uncertainty," says Hayden Noel, professor at the Gies College of Business. "You would be better equipped to take advantage of changing opportunities post-COVID. You will also become more effective as a leader and better understand the different functions of your organization." Obtaining an MBA online can open doors for you and aid in your professional, personal, and yes, financial growth. Online MBA programs allow you to fulfill your activities while learning the skills necessary to start and run a business.

Distance Education Consultant at SimpliDistance. Helping students to pursue Distance Education in India.