5 Common Myths Busted about Online MBA – Debunked!

What’s the ticket to the corporate corridor? Of course, an MBA degree! One of the fastest-growing modes to earn this degree is online learning. Online MBA is definitely a trend and a popular choice among students. However, the concern for its credibility still concerns many aspirants, especially among online MBA candidates. They fear that their online MBA degree weighs less than the regular learners. They will get limited career opportunities and have minimal possibility of getting hired by an MNC. Let us tell you one thing: for employers, the credibility of an online MBA lies in the leader it has trained and the talent it nurtured with its curriculum. 

While this fear is understandable, there are several reasons why you must put these myths to rest. Through this blog, we have debunked 5 common myths about online MBA and give you a clear pass. 

Let’s read further

Myth 5: Is an Online MBA as expensive as a regular MBA?

The simple answer is no. A regular MBA requires the physical presence of both teachers and students, which in turn requires a well-equipped infrastructure. This calls for timely maintenance, extra staff and support services. As a result, the university has no extra expense which gets transferred to the course fee, hence the high cost of studying. Colleges conduct online MBA in a virtual environment which has less overhead to offer the same quality and standards in the programme.  

Moreover, an online MBA is highly flexible, and you can study at your convenience. This way, you do not have to quit work altogether for years and put a complete pause on your steady income. Some of your income can be used in the online MBA and will hurt your pocket a little less. 

Myth 4: Do you need to be tech-savvy to pursue an online MBA?

Most of the things we are surrounded by depend on technology, and so does the online MBA. You must attend live classes and access digital libraries and other learning resources. However, most universities provide 24/7 technical support to online learners via instant email, chat or call. It would help if you had an uninterrupted internet connection and a desktop. Here, the choice of college for an online MBA matters a lot. 

Myth 3: Online MBA has less networking opportunities than regular MBA

Since there are no geographical boundaries in an online MBA, you get broader networking opportunities. What we often need to include here is that on-campus MBA students are limited to their peers and industry professionals in their region. They have the advantage of physical interaction and learning, but their perspectives are limited. Whereas an online MBA has the benefit of not being restrained by location as participants from different countries become your classmates and often, global industry leaders are invited for webinars. However, whichever study mode you choose, you become a part of the university’s alumni network. 

Myth 2: Online MBAs are not recognised in India

It is a myth for a reason, as this has no truth. All online degrees are recognised in India, provided they are done by a UGC-DEB (Distance Education Board) accredited college/university. Earlier institutions also required AICTE approval to offer online technical programmes, but recently, UGC notified us that it is not mandatory. Before pursuing an online MBA, you should check for its UGC-DEB accreditation to ensure its validity and credibility. This is one of the mistakes students often make. The University Grants Commission of India has already confirmed that online and distance education programmes are equivalent to the conventional mode. 

Myth 1: Online MBA is not credible in the eyes of employers

The number one misconception MBA aspirants have is that employers do not value online MBA degrees as much as traditional MBAs. The business world is at a point where they need highly skilled, capable business leaders to adapt to the new dynamics of the market. Therefore, companies are actively hiring MBA graduates to fill this void. They even motivate their employees to go for an MBA. This is a win-win situation for both parties: employees earn an MBA without quitting their jobs, and employers get an employee with advanced skills. What matters to employers is the skill set and knowledge you bring to the table and whether your online MBA degree is from a recognised institute. You can seize a lucrative job opportunity if you have the desired skills, aptitude and competency. 

Drawing to an End

When something new and unconventional floats into the market, misconceptions surround it. It becomes essential to bust all the myths before reaching any conclusion, especially regarding education. Often, the credibility of an online MBA degree programme is questioned, and students get confused because of all the misconceptions. So, thoroughly research the course, the college, its facilities, and the possible benefits you will get after earning your online MBA degree. If we could debunk your myths about online MBA, we await to see you at a successful position in your career.

Happy MBA!