Top Industries That Value an Online MBA Degree

The start-up age is more than just a trend. New opportunities are blooming across different industries in India. Shark Tank India, one of the most popular shows, gave rise to a new wave of businesses. As of 2024, the country is home to over 80,000 startups, making it the third-largest startup ecosystem in the world, following the United States and China. This can be achieved by the right management training through the MBA programmes. Which is why, working professionals have been pursuing an online MBA degree for the wide range of opportunities it offers. It is also one of the most versatile postgraduate degrees. Additionally, it can help you earn a more lucrative salary package of up to 25-30 LPA or even more.

However, aspiring candidates often wonder is online MBA is accepted by companies or not. If you are one of them, look no further; here are the top industries that value an online MBA degree. Learn in detail about each and explore their top recruiters and salaries.

Is an Online MBA Accepted by Companies?

Absolutely! If the business world has changed, so has the hiring process. Employers no longer look for where you have studied, they focus on what you study. As long as your online MBA is from a UGC-DEB recognised institution, you degree would be accepted in companies. Various companies like Deloitte, IBM, Amazon, Wipro, etc. are open to hiring online MBA graduates.

Industries and Top Companies Which Accept Online MBA Graduates

Here is a compiled list of sectors and the respective companies which accept online MBA applicants:

1. Information Technology

Information technology is one of the most flourishing industries in terms of the work prospects it offers. An online MBA offers a perfect combination of business analytics and management skills. An IT industry official will be able to manage the growing use of machine learning and artificial intelligence, allowing career growth to be significantly boosted.

An online MBA significantly contributes to the IT industry by preparing professionals with essential business and management skills alongside their technical expertise. It helps IT professionals understand business strategies, leadership, project management, and financial planning, qualifying them to take over managerial roles and work on innovation. The flexibility of online MBA programmes also allows IT employees to enhance their qualifications without disturbing their careers while focusing on continuous learning and upskilling in a dynamically changing industry.

Top Recruiters and Their Salaries

Here are the salaries offered by the top four recruiters in the consultation industry. These figures are general ranges and may vary depending on the location, roles and responsibilities, skills and educational background, and years of experience.

2. Consultation Industry

Consulting requires an eye for detail. An individual uses number crunching to make a detailed analysis and predict the company’s business growth and market position. Professionals in this industry require problem-solving, leadership, and analytical skills to contribute effectively to their respective job roles. An online MBA offers valuable insight into such values and helps them gain knowledge. It is concerning the industry trends. Along with this, the programme also helps them stay competitive and develop the required expertise. Being a comprehensive course, it prepares an individual from all the dimensions.

Companies in this sector highly value the scope of an online MBA degree, as the opportunities it offers are suitable for graduates and complement their skills and work profiles.

Top Recruiters and Their Salaries

Here are the salaries offered by the top four recruiters in the consultation industry. These figures are general ranges and may vary depending on the location, roles and responsibilities, skills and educational background, and years of experience.

3. Healthcare Industry

Medical inflation is growing at 12–15% annually. This makes the chances of growth in this industry, its job opportunities, and the revenue generated highly possible. Medical tourism is also a significant contributing factor to this growth. Healthcare insurance is also improving because of increased awareness and government schemes and benefits.

Additionally, the lack of confidence people have, and the increased faith in medical advice, benefit the industry despite how they bet on the fear factor of the people.

An online MBA graduate can contribute significantly with healthcare expertise in the healthcare industry. This includes jobs like

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  Healthcare management
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  Hospital management
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  Compliances and regulations

Top Recruiters and Their Salaries

Here are the salaries offered by the top four recruiters in the consultation industry. These figures are in the general range and may vary depending on the location, roles and responsibilities, skills, educational background, and years of experience.

Also Read:  MBA in Healthcare Management: A Comprehensive Guide 2024

4. Entertainment and Media Industry

The entertainment and media industries have witnessed exponential growth due to multiple factors, such as

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  The influence of the Western media
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  The introduction of OTT platforms
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  The Eastern media’s arrival in India, such as the Japanese and Korean dramas
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  The influence of an industry like Bollywood

These factors are primarily responsible for the opportunities in the sector. An online MBA contributes to the entertainment industry in many ways. It provides students with marketing, strategic planning, and financial management skills. The industry is highly competitive, not just on a national level but even internationally.

This means that professionals have the skills to oversee production budgets, negotiate with the people involved, and work on creative projects. The fact that online management programmes are so flexible keeps the industry’s leadership and innovation alive throughout changing trends.

Top Recruiters and Their Salaries

Here are the salaries offered by the top four recruiters in the consultation industry. These figures are in the general range and may vary depending on the location, roles and responsibilities, skills, educational background, and years of experience.

*Please note that the salary range for every company may change as per the market trends and job profiles.

Benefits of Online MBA

If you plan to consider an online MBA, here are the top benefits you must know before starting! This is an undoubtedly exciting journey to discover what this degree holds for you:

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  Cost-effective: You can save on commuting and accommodation costs, making it a more affordable option. As it is, an MBA is a costly affair!
• ✔️
  Skill Development: Enhance critical business skills like leadership, strategic thinking, and data analysis.
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  Personalised Learning: craft your education journey to suit your interests and career goals.
• ✔️
  Access to Resources: Access online libraries, databases, and digital learning tools anytime, anywhere.

Also Read:  Can Online MBA Get Me a Job? 2024 Edition

Final words

An online MBA has a great scope to offer and is definitely accepted by companies. This makes the programme highly flexible and convenient for those who find managing their time and other work commitments challenging. This career path is open to those who wish to study for an MBA degree despite the geographical barriers and the financial factors that play an integral role. To consider an online MBA, you must explore the options and your expectations before deciding.