MBA is now a vocabulary for a common man as well. With the advent of technology and communication there are many types of MBA programs that are available worldwide: Residential MBAs, Executive MBAs, Distance learning MBAs, online MBAs etc. Executive MBAs are for those who already have more than three years of work experience. This type of MBA helps management executives to take a year’s break and pursue their education. Since these students already have so much of industry experience and possession of requisite skill sets, they do not need intensive two year training. Hence most of the executive MBAs globally are for one year.
Online MBA degree programs are offered by a plethora of institutes all over the world. The benefits of an online MBA program is that one can actually study while one works. It helps one to save on time and cost that is spent on a regular MBA program. However the credibility of a full time two year MBA program is much more than an online MBA program.
There are so many B-schools and institutes that offer MBA distance education. Most of the curriculum that distance learning MBA offers is same as a traditional MBA. The only difference being that one does not have to actually attend classes and lectures. Distance learning MBA offers the advantage of acquiring an MBA degree sitting at home. This is done with the help of internet where you could actually take help from online teachers who have an industry experience. There are many students that pursue their MBA from foreign universities. The significance of MBA in today’s world has grown simply because of the intense competition that each company faces. It is purely due to this significance that more and more B-schools are offering varied kinds of MBA with different electives and specializations!
