Highlights of Online Masters for Business Management
Online MBM courses have the following outstanding features.
The popularity and acceptability of online MBA is rising with each passing day. Hence, the count of institutions being accredited by the pertinent national-level agencies is multiplying at an alarming rate.
Several online MBA colleges and universities have commenced satellite campuses in different cities and nations. Of these, some have international immersion programs.
As the online course is a virtual classroom without any physical boundaries, people from different countries and occupations can participate and increase the industrial exposure of the students.
Some online MBA institutes have their total fees of 6,000 INR only. So, students from lower economic classes can also afford this course.
Who Should do Online Masters for Business Management
Students who:Â
- Have completed their graduation and are desirous of setting their feet in the industry as Senior Executives, Credit Risk Managers, Finance Analysts, Portfolio Managers and Corporate Associate, among other high-level position.
- Are ambitious to pursue further education but are being hindered from doing so due to family financial causes.
Working professionals who:Â
- Opine that the time is ripe to become an entrepreneur and want theoretical knowledge essential for entrepreneurship.
How to Apply and Get Admission for the Masters of Science in Business Management
You need to open the website of the institution and go to the Registration page. On this page, you need to decide your username and password for your account. Using these credentials, you should log in to the Application page. On the Application page, you have to enter your personal, educational and professional information. This includes uploading your documents as proof in PDF or image format. Eventually, you have to disburse the application fee by using your debit card, credit card, UPI or internet banking.
Fees for the Online MBA in Business Management
The National Institute of Business Management (NIBM) has a two-year online MBA training with the gross fees of 14,700 INR. Another course is the fast-track two-year online MBA training with fees of 19,700 INR. This institution is reputed for its ISO 9001:2008 certification.
 Curriculum of Online Masters of Science in Business Management
During the first year of executive MBM, the course generally consists of the following subjects.
Semester 1:
- Management of Industrial Relations
- Management Concepts and Principles
- Management of Technology
- Computer Applications and Comprehensive Viva
- Business Statistics and Research Methodology
Semester 2:
- Organisational Development
- Organisational Behaviour
- Industrial Relations Laws
- Marketing Management
- Business Environment
Semester 3:
- Training and Development
- Business Research
- Organisational Psychology
- Negotiations and Union Management Relations
- Management Information Systems and e-Business
- Management of International Business
Semester 4:
- Strategic Management
- Management of Transformation
- Strategic Management
- Empowerment and Participative Management
- Business Communication
- Project Report and Viva
Based on the specific college and university, the preceding subjects might have a slight shuffle as per the semester.
Top Colleges Conducting Online Masters of Science in Business Management
Some of the best colleges and universities offering online MBM courses in India are the following:
Placement Opportunities & Salary Range of MBA in Business Management
After you get your executive MBM degree, you can get the following designations: Business Analyst, Relationship Manager, Marketing Executive, Office Manager and Human Resource Officer, among others. These positions are open in private sector organisations, public sector organisations, financial institutions, banks, multinational companies, and corporate houses. The initial average salary is from 3 to 12 lakhs INR, which moves upwards as your experience and skills rise. Some examples of placements are as a Financial Advisor (3.74 lakhs INR), Management Analyst (4.1 lakhs INR), HR Manager (4.4 lakhs INR), Marketing Manager (5.1 lakhs INR) and Finance Manager (7.66 lakhs INR).