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What is an online MBA program?
An online MBA is a postgraduate degree program that offers a convenient mode of skill enhancement for graduates and working professionals. This course imparts skills that help students identify and analyse business opportunities. Dr. D.Y. Patil Vidyapeeth (Deemed-to-be-University) offers many specialisations in online MBA courses such as MBA in human resource management, marketing management, finance management, project management, IT management, operations management, international business management, and hospital and healthcare management.
Online MBA courses in India are now available online with a duration of 12 to 20 months which is extended to 2 years. Online MBA programs are available globally on online websites, so students can opt for such courses from any state, city, and country. The eligibility criteria for an online MBA is that a student must graduate in a recognized field from an affiliated university with passing marks of 50%. This course prepares students for the future workplace.Â
Understanding the Difference Between 1 Year MBA & 2 Year MBA
Online MBA of one year has gained popularity over the last decades and many students now opt for full-time MBA programs. Online MBA courses rarely offer internship options. A standard two-year online MBA is usually a full-time course that lasts two academic years. The major differences between 1-Year MBA & 2-Year MBA programs are discussed below:
| Basis for difference | MBA 2-year program | MBA 1-year program |
| Academic background eligibility | A student must pass a bachelor’s degree with 50% marks from a recognized university in the field of business or related fields. | A student must be an undergraduate in business or economics and also have good knowledge of quantitative areas. |
| Requirement of Work experience | Work experience of 3 to 5 years is required in this course. | A work experience of a minimum of 3 years is required in this course. |
| Other essential requirements | The students must pass the GMAT entrance exam with scores of 700+, the TOEFL exam with a minimum of 100+ scores, and also clear interviews. | For getting admission in a one-year online MBA program students must clear GMAT, GRE entrance exams, and clear interviews. |
| Career goals | After the 2-year MBA program, students can get hired as brand manager, account manager, consultant, marketing manager, project manager, entertainment manager, and many more. | After getting the 1-year MBA certificate, students opt for multiple positions as managers. |
| Curriculum | The first-year subjects of a 2-year online MBA consist of fundamental management in accounting, marketing, organisational behaviour, economics, etc. The second-year specialisation in subjects depends on the electives. | This program focuses on the foundational areas and many specialist skills in domains like accountancy, finance, etc. |
There are different benefits students avail from one-year and two-year online MBA programs. The one-year program is easier to manage even with a full-time job. It also allows candidates to start repaying their student loans after one year. On the other hand, a two-year online MBA builds deeper and better understanding and learning than the one year program.Â
Conclusion
Quality education can be a step in the right direction for a student’s career. An online MBA from Dr. D.Y. Patil Vidyapeeth (Deemed-to-be-University) builds successful careers in numerous fields. Both one-year and two-year online MBA courses have their benefits. The one-year program is more suited to working professionals seeking accelerated career growth. In contrast, the two-year MBA program is suitable for those students with limited work experience. For more information, click here.
FAQsÂ
- What is an Online MBA Program?
An Online MBA is a postgraduate degree program that offers a convenient mode of skill enhancement for graduates and working professionals. This course imparts skills that help students identify and analyse business opportunities.
- What qualifications do I need for an Online MBA Program?
The qualification for an Online MBA requires graduation in a recognized field from an affiliated university with passing marks of 50%.
- Is an Online MBA Program difficult to pursue?
Getting admission to an Online MBA is similar to the traditional programs. The students just need to choose the right specialisation based on their career goals.Â
- How to apply for Dr. D.Y. Patil Vidyapeeth Online MBA?
The students need to fill up the online application form at the official website of Dr. D.Y. Patil Vidyapeeth (Deemed-to-be-University) and verify their phone number and email. They should then fill out complete personal, academic and employment details in the form and pay the admission fee.
