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Young B-school aspirants from the city, be it students or mid-career professionals, have found a new way to earn an MBA degree. Instead of enrolling themselves in a B-school, they are seeking online educational solutions. Online MBA, which allows students to attend classes on internet-based audio and video platforms, has become the new in-thing for business education in the city. According to students who have opted for these online courses, learning through a personal computer and a handheld device can be as exciting and enriching as classroom lectures.
They say that online education actually enables students to learn from top management professionals in the country and abroad as their pre-recorded lectures are more insightful than most classroom lectures. Students who already have B-school degrees are also opting for online classes to hone their management skills. A large number of students who have taken these e-courses are already employed in various firms in the city. "I wanted to join an MBA programme at one of the IIMs but also wanted to stick to my job. The online executive programme was the best option available and so I enrolled for it. I have finished the first of a two semester course and, so far, it has been a good learning experience," said Krishna Pallavi, a student from Hyderabad who has signed up for the e-MBA programme offered by myBskool.com in collaboration with IMT Ghaziabad. Students said that the portal provides interactive features through which they can contact lecturers at IMT Ghaziabad to clear their doubts. Officials from myBskool.com said that the online portal had found many takers in Hyderabad with many more expected to join through the ongoing admission process. About 5% of its 800 seats have been taken up by students from the state. Officials running the portal said that the idea behind starting the online classroom was to offer high quality business education at a low cost."The business programmes at most of the top B-schools are expensive with the fee ranging between Rs 7 and Rs 15 lakh. "An online MBA programme is the best option for those wanting to save money and do an MBA without taking a break from their jobs," said K Swaminathan, director of myBskool.com. The online MBA degree costs a minimum of Rs 50,000. He said that his portal tied up with IMT Ghaziabad in December 2011 to rope in lecturers for online classrooms. Now, renowned names like the Harvard School of Business have decided to provide business lessons online given the demand for MBA degree holders.
Courtesy: Times of India
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