What Online MBA Program Predictions To Expect In 2022 And Beyond?
A bachelor’s degree opens the doors to many postgraduate courses, with MBA being one of the most chosen PG programs. Most students pursue MBA because this degree boosts confidence and makes understanding the socio-economic status in your country in-depth. According to a new report by the Association of MBAs (AMBA) and the Business Graduate Association (BGA), 75% of business schools now use virtual classrooms, up from 51% at the end of 2020. More students opt for Online MBA courses as they consider recording sessions an advantage. Other added benefits include reduced travel costs and increased opportunities to collaborate with international groups.
Online MBA 2022 predictions
MBA programs are all set to grow in 2022 due to the popularity of business courses amongst students. As per the 2020 Application Trends Survey by the Graduate Management Admission Council (GMAC), MBA programs showed a 67% increase in admissions in 2019-2020. In addition, the online MBA degrees witnessed a growth of 43.5% too. Online MBA programs will undoubtedly assist in the evolution of admissions for graduate management programs due to flexible schedules and lesser time commitment.
In another finding by the GMAC, MBA salaries are witnessing positive trends as the median annual wages reached about 77% more than what bachelor’s degree holders earn. In addition, most companies are willing to hire students with knowledge about administration and management. Online MBA courses help students create a strong base in these topics and learn about the gaps in economies.
A shift towards online MBA programs is expected in the year 2022. Online MBA programs allow students to apply what they learn to real-life problems. It helps nurture the skillset and supplements the course.
Specialisations offered by Dr. D.Y. Patil Vidyapeeth – Online MBA Program
The passion for business and leadership is shared amongst those pursuing an online MBA. However, what makes them different is their final aim. While some students prefer to get placed in the healthcare sector, others might wish to be a part of the IT industry. This is where MBA specialisations come into the picture. Dr. D.Y. Patil Vidyapeeth, Pune, offers eight domains in the Online MBA course. These include:
- Marketing Management
- Finance Management
- IT Management
- Project Management
- Operations Management
- Human Resource Management
- Hospital and Healthcare Management
- International Business Management
Online MBA Program 2022: An Overview
Online MBA course by Dr. D.Y. Patil Vidyapeeth, Pune is a postgraduate course for students who have completed their bachelor’s degree with a minimum of 50% aggregate marks. The Online MBA course is divided into four semesters, with a total duration of two years. The course introduces the students to the global business environment and helps them gain leadership, communication, critical thinking, and more. The first two semesters for all specialisations are standard. On the other hand, the syllabus for Semester 3 and 4 vary as per the choice of domain. The online MBA course by Center for Online Learning, Dr. D.Y. Patil Vidyapeeth, Pune, allows students to enrol and learn from any corner of the world.
Some of the predicted course outcomes are:
- Great leadership values
- Critical thinking
- Problem-solving ability
- Wider socio-economic perspective
- Fresh entrepreneurship values
- Widespread professional network
- Amazing personality development
MBA is one of the best courses to boost your entrepreneurship skills and give your business dreams a polish. Dr. D.Y. Patil Vidyapeeth, Pune, offers online MBA courses with some of the best specialisations such as project management, IT management, finance management, hospital, and healthcare management. In addition, the MBA program helps its students upskill themselves in leadership, strategising, analysis, and problem-solving. The degree consists of interactive classes, expert tutors, real-life problem-solving sessions, and webinars.
Frequently Asked Questions (FAQs)
- What are online MBA programs?
Online MBA programs are post-graduation courses virtually taught using online meeting platforms. In addition, the faculty uses online educational resources such as recorded video lectures, live presentations, online quizzes, and webinars.
- What jobs can one get after completing the Online MBA program?
After the online MBA program, the job scope is extensive and includes the banking and finance sector, data analytics, marketing and sales, public relations, and information management.
- What is the value of the Online MBA Program?
Online MBA programs are valid and are followed by great placement opportunities. These programs consist of a detailed academic curriculum to include all aspects of business administration.
- What aptitude does one need to be a manager?
The skillset for the role of a manager involves:
- Good communication skills.
- Excellent management skills.
- Problem-solving ability.
- Critical thinking.
- A suitable degree in business management.