As privatization is increasing in India, the demand for skilled professionals is also increasing.
As we all know that business professionals play an important role in running any business. To encash this opportunity, people are running for a Master of Business Administration (MBA) program.
In the last decade we have seen that the demand for MBA courses has increased a lot.
There are 4 types of MBA courses available in India.
- Full time MBA
- Part Time MBA
- Executive MBA
- Distance or Online MBA
Before we dive into explaining which MBA program is best, let’s first understand different types of MBA program available for you.
Full Time MBA Program
The full time MBA program is the most popular MBA program. To complete a full time MBA program, you have to attend regular classes in a business school or university for 2 years.
This type of MBA program is popular among most fresh graduates.
Part Time MBA Program
As it is clear from the name, a part time MBA course is a course that you can do in part time while doing a business or with a job.
Classes for part time MBA programs are arranged on Saturday and Sunday.
Most part time MBA programs are offered by top business schools.
Executive MBA Program
An Executive MBA is a specially designed program for experienced working professionals.
Those who are already doing jobs and have a good experience in business management, they can enhance their skills more by doing an Executive MBA.
To have an Executive MBA, you must have good work experience.
Distance Education MBA or Online MBA Program
Distance Education MBA is the most popular MBA program in today’s era.
Distance MBA or getting MBA online is the most popular among working professionals who want to take their career to a new height.
Because you can do a distance education program along with your job in your free time, therefore its popularity is increasing day by day.
Distance Education MBA provides you the facility to fall on your favorite timings.
The distance education MBA program fees are much lower than the fees of the rest of the MBA programs and this program is also widely accepted in the corporate world.
Most working professionals undertake a distance education program for promotion.
After doing a distance education program, not only do you get a promotion, but you are able to walk on the ladder of your success faster.
IGNOU MBA is one of the finest examples of a distance MBA program.
Which MBA program is better?
Selecting an MBA program depends on the needs of an individual.
If you are a graduate and are working and want to continue your higher education then Distance MBA or Online MBA is a good option for you.
On the other hand, if you have just graduated and want to continue your higher studies then you can go for the full time MBA program.
Part time MBA program is better for those who are either doing another course or want to do a higher education program in part time.
Educational MBA program is better for those who have been in a managerial post in a job for many years and want to improve their skills.
Conclusion
The selection of an MBA program is more related to your needs.
No MBA program fits for all.
You need to assess your requirements and have to decide accordingly.
You will learn one same thing in all types of MBA courses i.e managing business. Now you can pick an MBA program based on your experience and need.
