Online MBA Courses Abroad

The Masters in Business Administration is the most popular and sought-after business qualification. An MBA degree abroad could be just what it takes to bring out the manager in you. A glimpse at the current global market tells us that MBA has entered almost every possible employment area.

What is an online MBA?

An online MBA is an MBA degree that you can complete online without having to attend classes in person. Just like regular MBA course options, online MBA also offers options to specialise. It allows you a larger flexibility in completing the modules. This is especially useful for working professionals looking to earn an additional degree without leaving their jobs.

What are the 5 benefits of learning MBA online?

Online MBA programmes are quite popular in India with several reputed universities offering recognized MBA programmes that could be completed online. Here are 5 reasons why you should get an online MBA from a foreign university:

1. MBA continues to be one of those in-demand courses that have immense value in a business-driven world.
2. Though you complete your programme online, you will still have an international degree in your hand at the end of it.
3. An international degree is highly regarded and having one will give you a competitive edge in the job market.
4. With an online programme, you save a lot on the expenses involved in studying abroad as you don’t have to worry about the cost of living in a foreign country.
5. Though the programme is online, you will have the opportunity to interact with fellow students from different parts of the world, build connections and network with international professionals.

How is an online MBA different from studying full-time abroad?

Control over how your day is spent:

A full-time MBA course would want you to dedicate a major chunk of your day to attending classes, regularly. With an online MBA, you will have more flexibility to balance your other commitments and classes.

Flexibility in attending classes and completing the course:

Some institutions offer you the choice to complete the course at your own pace and attend classes at a time that suits you. This will not be possible with a regular MBA programme.

Networking opportunities:

Though there is scope for networking in an online MBA programme, it is definitely higher for an in-person MBA programme. It would happen naturally even if you do not make a conscious effort to meet and speak with different people and professionals conducting the sessions or attending the classes just like you.

Cost aspects:

With an online MBA, you can save on the expenses involved in living and studying in a foreign country. The tuition fee is also comparatively lesser for an online MBA when compared to a regular MBA programme.

Value for your degree:

Though technically both online and in-person MBA degrees are equally valuable, some people tend to consider that online MBA degrees are less challenging and therefore, less valuable when compared to a regular MBA programme.

Nevertheless, an international degree can make a huge difference in your life!

How to pick the right online MBA programme?

It is important to review the course details carefully before picking the right one for you. Here are some aspects that you should focus on:

• Programme accreditation
• The cost of the programme
• The specialization options
• The relevance of the course
• The level of flexibility
• The course duration

Have a table listing these details for the different universities that you would like to apply to and pick the one that suits you best.

What are some universities in the USA that offer online MBA courses?

Washington State University, the University of Arizona and Suffolk University are some of the universities in the USA that offer online MBA programmes. You can click on the course links to get further details about the courses.

What is the cost of an online MBA in the USA?

The cost of an online MBA programme can range from approximately 12 lakhs per year to 25 lakhs per year. The tuition fee also varies based on the specialization offered. For example, the online MBA in Financial Planning offered by California Lutheran University will cost you 32 lakhs per year.

What is the course duration for an online MBA in the USA?

Some universities offer a larger flexibility when it comes to the course duration, for example, 12 to 24 months, while others would want you to complete it within a specific period – say, 18 months.

Some institutions calculate the course duration based on credit hours. It could range from 36 to 45 credit hours.

What are some universities in the UK that offer online MBA courses?

Popular universities such as Birmingham City University and the University of Lincoln offer online MBA programmes in the UK.

What is the average cost of an online MBA in the UK?

An online MBA in the UK starts from 3 lakhs per year (University of Wolverhampton) and can go up to 10 lakhs per year. Based on the specialization, some online MBA courses costs more; for example, the Global MBA from Imperial College London costs around 46 lakhs per year.

A bit about the scope of an MBA degree

Not one sector stands uninfluenced by the MBA. Especially over the past ten years, the MBA has deeply rooted itself even in the not-for-profit sector: civil service, education, law, health, charities, local government, and so on. The MBA has been on an upward surge ever since the ‘dot-com’ boom and entrepreneurship has been on the rise amongst the upper middle class.

Employers value candidates with the MBA qualification regardless of whether they studied the program in Australia, the US, the UK, or Singapore.

An MBA abroad not only boosts career prospects for graduates but also leads to higher salaries. Students can expect to earn more than they would have, prior to gaining the qualification.

Frequently Asked Questions about Online MBA Courses Abroad

Can I do MBA from abroad online?

Yes, you can. Just like the universities in India that offer online and distance MBA courses, universities in foreign countries too, especially the UK and the USA, offer online MBA courses that are comparatively cheaper than full-time courses.

Are online MBA courses recognized?

Yes, reputed universities offer MBA courses that are recognised by accrediting institutions. However, it is important that you verify this before applying for the course.

Is online MBA recognised in Canada?

Yes, online MBA programmes are recognised in Canada. There are several universities and colleges in Canada that offer online MBA programmes.

Is MBA from abroad valid in India?

Yes, an MBA from a foreign university is considered very valuable in India. It can, in fact, give you an advantage over others in the job market.

Can I do MBA from outside India?

Yes, several foreign universities offer online and on-campus MBA courses that you can complete in 2 years or lesser. Head to our website and explore the list of more than 1000 universities abroad that offer MBA programmes.

Globally, across many industries, especially in the fields of consulting and finance, the MBA is not so much a preferable qualification as an essential one. Most companies not only require the MBA qualification for their management positions but also recruit only from their list of chosen B-schools. The degree is a generalist qualification structured to widen the students’ horizons to help them take account of the major functions of an institution. As the MBA’s focus is more general than a specialist, it is targeted more at making a contribution to strategy. Unlike most of the other master’s degrees, the MBA is both a post-job and postgraduate qualification.

Are you interested in pursuing MBA or any other courses abroad? We can be the stepping stone from which your dreams can take wings! Reach out to us!