Why an MBA is still a winner among graduates today

After the financial crisis of 2008, the equity of MBA programmes slightly diminished as markets crashed around the world. Yet, recent statistics indicate that the equity of MBA programmes is once again going up, as more and more graduate students who are looking to rise in the management ranks, enrol for the programme. Let’s look at why this programme seems to be an evergreen one.

All streams are welcome
One of the core benefits of an MBA is that students from all streams – law, humanities, social work, science, BBA, commerce, BCA, design and beyond – can enrol. Traditionally, those who wished to work in investment banking or consulting were key applicants, but today, the programme is becoming popular among graduates of all streams as they set their sights on management roles in a wide range of sectors. Leadership, problem-solving, and business decision making are focus areas of the programme.

Pursue an online MBA
A top trend on the horizon is the rising popularity of online MBA programmes. This mode of study comes with several advantages. The flexibility of the online MBA programme enables graduates to also pursue part-time jobs that offer experience alongside the knowledge they gather in the classroom. You can also pursue a quality programme from a top tier university without shifting to a new country or state. You will, of course, still need to take an entrance exam and bring your best to the programme to graduate with excellence.

Another advantage is the innovative use of technology to enhance the quality of education via app-based learning. Manipal University Jaipur, for example, offers one of the best online MBA programmes, for a two year duration. Manipal University Jaipur offers online degrees entitled by UGC and the programme itself offers a healthy mix of classroom lectures, interactive study modules, networking opportunities and online assignments. Online MBA also tends to be more affordable.

Get industry exposure
Whether you pursue an online MBA or one on campus, this programme is designed to empower graduates to grow their real-world exposure from day one via industry guest lectures, internships and networking opportunities.

Several institutes host business pitching challenges that encourage students to push the boundaries of innovation, encourage thinking on their feet and help them learn about real world market challenges. Internships are mandatory, offering students an opportunity to build skills and showcase themselves to potential employers.

A rich cohort
Peer-to-peer learning has several benefits, and one of the biggest USPs of this programme is the opportunity to engage with students from diverse streams and backgrounds. This creates a multi-disciplinary learning environment that brings with it innovative approaches to problem-solving, diverse perspectives and collaborative learning, which mirrors the dynamics in the real world.

Choosing the right MBA
During admissions, make sure you check the history and legacy of the programme and university where you plan to enrol. Check the accreditation score of the university, as well as the overall reputation of the programme. Does it have a good placement record? What is the quality of faculty, and does it have strong industry connections? A superior MBA programme balances all these factors and offers you an experience that sets the foundation for an impressive career.

Are online degree courses & regular offline courses of the same value?

The perception of online courses has changed significantly in the past decade. A Babson Survey Research Group study revealed that around 33% of college students have joined at least one online course. Today, most employers and educational institutes understand that an online degree is as efficient and educative as a regular degree programme.

The following section will educate you about various aspects of online learning and explain how it varies from traditional learning.

How do regular degree courses run?

Regular on-campus degree programmes require students to attend classes without fail. Here, you will be accompanied by many other students and there will be a good learning environment.

Recent years have indeed seen the dominance of online degree programmes. However, the demand for offline courses is still remarkably high. That’s because offline programmes allow students to communicate with peer groups and ask questions to their lecturers directly.

These traditional degree programmes make students feel more responsible for exams. They remain committed to meeting deadlines and attending classes regularly.

However, the college lifestyle discussed above doesn’t suit the needs and mindset of a large number of people especially the working professionals and entrepreneurs. They prefer joining the online BCA or BBA classes. People pursuing their master’s degrees often take up part-time jobs to meet their expenses. It is common for these individuals to struggle to adjust to the schedules of college lectures. Such events force many to leave their studies midway. These people avoid traditional learning primarily due to its lack of flexibility. They prefer to do their postgraduation through online MBA or MCA programmes that are offered by different colleges or universities.

Benefits of pursuing an online degree

  • Scheduling flexibility: Working professionals are able to schedule online courses according to their requirements thanks to the option of asynchronous learning
  • Geographic flexibility: You can complete your online graduate degree from a university of your choice irrespective of your geographic location
  • Lower overall expenditure: The course fees for online courses are lower when compared to traditional courses. Apart from that, students don’t have to bear expenses for the daily commute or pay for college accommodation
  • Comfortable learning environment: As you will be the one choosing your learning environment, you will feel more comfortable when completing coursework.
  • Career advancement: You will get to complete the necessary degrees online to get promotions at your workplace. Working professionals need not leave their job to earn a master’s degree
  • Improvement in technical skills: You will learn to use new software suites, study about various formats of online communication, perform detailed research, and more.

Higher education and career opportunities offered by online degrees

The past couple of years have seen online education receive mainstream acceptance. Today, there’s almost no difference between completing an online degree and completing a regular offline programme.

Top employers around the globe are not hesitating to recruit individuals who have completed a BBA or MBA programme online.

The only thing employers check when hiring an individual is from where they’ve completed the course. If it is a prestigious institution, companies never discriminate between applicants based on whether they have an online degree or offline degree. Many companies even encourage their employees to enrol for online MBA programmes for working individuals.

Online learners will also not find it difficult to get themselves enrolled at prestigious academic organisations to pursue higher education. This stands true even for students who have completed a degree online but want to enrol in a master’s programme next.

The above discussion must have helped you in understanding more about mainstream online learning. The only thing you need to ensure when taking an online course is that it is offered by a top, recognised university.

The one name you can rely on in online education is Manipal University Jaipur. The A+ NAAC-accredited university has carried on this legacy to frame high-quality online degree programmes for students. Currently, we are offering online degrees like BBA, BCA, MBA, and MCA. The programme duration of each of these programs is the same as their offline versions. However, you will have to pay much lower fees for taking these courses online.

Get yourself enrolled for any one of these courses and boost your career with this new method of learning.

Trying to get into a top university? Here’s what you need to know

A goal without a plan remains just a dream. For this dream to turn into reality, you need to stay prepared and stay ahead right from the start. Given the stiff competition, even the slightest of slip-ups can cost you your aspiration of getting into your dream university.

Given that there is a lot at stake, here are a few things to bear in mind as you aim for the top universities:

Plan in advance

The sooner you start, the better your chances of realising your dreams. List out all your choices and research extensively about them. Read up on the cut-offs, eligibility criteria, fees, procedure for admission, programmes, student experience, and everything else. Ensure that you meet the desired qualifications and maintain a decent score that is sufficiently above the minimum.

Planning in advance provides you with a competitive edge. And if you are concerned about the expenses, you can always consider online professional degrees such as online BBA, BCA, MBA, and MCA, that can launch your career into orbit just as well.

Maintain good grades

Your score or grade will be a clear indicator of your capabilities. Therefore, you have to perform exceptionally well in academics.

In addition to your final score, some colleges and universities may also scrutinise your overall performance and consistency. You will have to maintain good academic grades throughout your school years.

Furthermore, suppose you are switching streams or considering a niche course, you may also have to complete a foundational course and score well in that as well. Eventually, it all boils down to the numbers.

Choose a career-driven path

Fortunately, we are no longer embroiled in the Medical vs Engineering debate. We are now embracing a wealth of possibilities ranging from online BCA classes to exploring your love for fine arts.

Ideally, your course should align with your natural interests, as only that would keep you motivated. You need to have an in-depth understanding and some amount of prior knowledge of the subject matter. Create a roadmap envisioning how the programme will contribute to your career and help you achieve your professional goals. For instance, if you have an entrepreneurial streak, you can choose an online MBA programme and establish a start-up.

Shortlist at least five options and apply

As much as we would like to get into our first university of preference, sometimes things may not go as planned. For this reason, no matter how desperately you wish to attend a specific university, always keep a few backup options at hand. Ideally, you should shortlist at least five universities, depending on your course, campus preferences, etc. Apply to as many colleges so that you have backups. Also, do not discount online learning while doing so, as you can have a solid Plan B with online programmes.

Keep a tab on deadlines

Since we’ve mentioned that you must apply to at least five universities, it is equally important to consider their respective procedures and timelines. Remember that the top universities have deadlines that correspond to their academic timetable and the chances for extension are rather slim. Listing out the key dates would ensure that you do not miss any deadline.

Make it a habit to submit your application weeks in advance. By following this process, you can accommodate any unprecedented delays. At the same time, you will have enough time to correct any mistakes or fulfil any deficiencies in your applications within the timeframe. Retain a photocopy of your application and all the documents.

Tap into the power of online education

Online learning is emerging as the next big thing to disrupt the field of education. Upon sensing this shift, the Indian government and regulatory body i.e., University Grants Commission (UGC) allows top universities to offer online programmes.

Technological advancements are one of the most significant driving factors for its high rate of adoption. Students and educators can connect with each other through an assortment of platforms ranging from mobile apps to secure web channels. Whether it is for conducting assessments or video lectures – everything is available at the touch of a button.

Through an online learning programme, you can learn around your existing work-life schedule. Further, these courses offered by accredited universities carry equal weightage as any on-campus degree. For those concerned about missing out on the social aspect of learning, you can replicate the same experience over forums and learning communities.

In a nutshell, online education is defining the future.

Final words

How will you know if you can make it to a university if you don’t apply? Hence, the first and most important tip to bear in mind is to give the university of your dream everything that you have. Give it a fair shot, and your luck and hard work may surprise you. Luckily, technological advancements are making all distant and nameworthy universities accessible through online learning. Stay persistent, and your efforts will bear fruit.

How an MBA impacts your career

Earning a professional degree in business management has a wide range of benefits for young professionals. Whether you have an analytical or a creative bent of mind, come from a business or non-business background, are introverted or extroverted, the management and leadership skills that you pick up while pursuing an MBA will equip you with a diverse skill set. This bolsters the trajectory of your professional journey. Let’s take a look at some of the ways an MBA degree can impact your career:

Enhances skillset

Pursuing a management degree, be it on-campus or online, gives you the opportunity to enhance your knowledge and skills. During the MBA course, you develop leadership skills and assimilate in-depth knowledge of strategy and analysis techniques. These skills are vital in all areas of business operations, which makes them highly appealing to prospective employers.

In addition to this, you get to work on several team projects, present case studies, and address large audiences. This hands-on experience equips you with strong communication skills, boosts self-confidence, and helps you develop a knack of working with teams. All of these are leadership qualities that prepare you to take on managerial roles successfully.

Promotes networking

Another key benefit of being part of a reputed university is the chance to network with fellow students, mentors, professors as well as the alumni. All of these connections can prove helpful in securing employment guidance and opportunities later on. Most B-schools encourage these networking experiences, as they form the bedrock for accentuating students’ management skills and capabilities. In fact, 92 per cent of MBA graduates land a job within three months of completing their course.

Not just for career growth and opportunities, the people you interact with while pursuing an MBA degree pay off in other ways too. Apart from building lasting relationships, you’re also exposed to diverse ideas and opinions that help you develop a worldview and mold you as a well-informed person.

Provides better career prospects

MBA graduates not only have high qualifications but also hands-on knowledge of business operations. Naturally, this makes them better positioned to hold high-level managerial positions. In fact, an MBA degree is a prerequisite for securing managerial positions in nearly all industries.

With an MBA from a reputed institution and the zeal to push the envelope, young professionals can climb up the career ladder rather quickly, reaching senior managerial positions such as administrators or board directors within a few years. Yes, these are demanding roles with huge responsibilities, but they’re also highly reputed well-paying positions. A survey indicates that working professionals see an 80 per cent jump in salaries after completing a management degree.

Inspires out-of-the-box perspective

Leadership roles entail fostering innovation, comprehending abstract ideas, and ensuring their seamless execution and implementation. CEOs and board directors drive change through concepts such as transformational management and thought leadership.

An MBA degree instils integrated perspectives and a holistic outlook towards the business world. This, supported by the vast network of professionals that you’re a part of, helps in understanding processes and techniques that encourage out-of-the-box problem solving and establish new operational standards.

The acute receptiveness and deep understanding cultivated in a business school help MBA graduates become agents of change and growth.

Strengthens authority

A recognized MBA degree is the best way to establish your authority in any industry vertical or field of work. Pursuing and completing an MBA degree is in itself proof that you’re a motivated, hard-working professional. Someone willing to go above and beyond to fulfil their goals, even more so if you’re a working professional pursuing a business management degree alongside a full-time job.

Besides, the curriculum of a business degree allows you to expand your knowledge base, giving you greater authority to handle senior managerial roles. It is a collaborative and enriching experience that transforms you into a reputed business expert.

Nurtures personal growth

The benefits of an MBA degree extend far beyond your professional growth. It also helps in enhancing and grooming your personality overall. From acquiring better communication skills to becoming more organized, detail-oriented and punctual, you cultivate a host of positive traits that fuel your growth as a person and also help you become a more well-rounded professional.

Give your career a boost today

If you have been contemplating lending impetus to your career with an MBA degree, you can do so without taking a break from your full-time job. Online MBA degrees are fast emerging as an affordable and flexible way of learning at your convenience and your own pace, even more so in the current scenario where everything has shifted to the virtual realm.

With Manipal University Jaipur’s online MBA degree, you add a legacy name in education to your resume. More importantly, the curriculum of these programs has been carefully crafted, keeping in mind the pressures of working professionals’ lives. Also, the ease of access to course content allows you to study on the move. You get access to highly acclaimed faculty, industry experts, and a vast alumni network, all from the comfort of your home.

Become a part of this new and futuristic way of learning, and give your career a boost today!

Five ways to fund your education and get the management degree of your dreams

An MBA degree can be a major investment, but one that can open a whole new world of career options and employment avenues. Fortunately, today a lot of business schools and reputed institutes are offering easy payment options to make these degrees more affordable and accessible. Besides, there are a whole lot of funding options you can rely on to fund your education. So, don’t let financial constraints get in the way of the management degree of your dreams.

Here are five ways you can fund your own education:

1. Merit-based scholarships

One of the most sought-after ways to pay for an MBA degree, be it in your own country or abroad, are scholarships. Almost all leading B-schools and universities offer these merit-based scholarships. Their appeal lies in the fact that students can focus entirely on their education, without worrying about where the next instalment of the fee will come from.

However, since scholarships are based on merit, they also require applicants to meet certain eligibility criteria such as past grades, a timeline for completing the degree and performance-monitoring. You may also be required to submit essays or letters of recommendation to support your application. Besides, these scholarships are often offered on a first come, first served basis.

2. Students loan

The next most popular option for self-funding higher education, such as an MBA, is student loans. These are long-term loans with a provision of repayment after you’ve completed your degree. However, the terms of these loans vary greatly. While some cover all expenses such as tuition fee and living costs, others only cover the academic cost.

A lower interest rate as compared to other loans is what makes these appealing to students who don’t have the immediate resources to bear the cost of a professional management degree. A lot of banks also have tie-ups with institutions offering MBAs. This makes the process of loan application and approval a lot more streamlined and hassle-free.

3. Paying in EMIs

Online MBAs are preferred options for young professionals as well as students, as these present the perfect combination of flexibility and affordability while offering high-value degrees from prestigious business schools and universities. In terms of financials, not only are online programmes more cost-effective than a regular MBA, they are also easier on the pocket since you have the option of paying the fee in easy EMIs.

Another key benefit is that you can pursue your MBA and a full-time job at the same time. Your earnings can, thus, be used to fund your education. This means no debts to deal with later on.

4. Employer-sponsored MBA

Today, upskilling has become a major focus in organisations across the world. Employers have finally woken up to the fact that helping their existing workforce acquire new skills proves far more cost-effective and productive in the long run than hiring and onboarding new employees. If you’re a working professional, you can look for a sponsored MBA programme supported by your employer. These are mostly executive MBAs, but you can earn your degree without spending a single penny from your pocket, and repay your organisation with your newly acquired skills.

5. Part-time earnings

Many students work part-time jobs to pay for their MBA degrees. This is typically the case when they’ve either secured scholarships or student loans that only cover the cost of education and no other expenses for this period. Tutoring, teaching, taking up research projects or working as assistants are some of the common profiles that students consider for part-time work to support themselves while pursuing an MBA.

The bottom line

There is no one size fits all approach when it comes to funding your own MBA degree. The right fit depends on your circumstances and vision for the future. That said, the option to pursue an online degree and pay for it as per your ability remains unmatched in terms of flexibility and affordability, even more so for those who cannot secure a full scholarship.