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Home Online MBA Types of MBA: Best Courses and Mode of Learning In 2024

Types of MBA: Best Courses and Mode of Learning In 2024

Jun 12, 2024 1.2K Reads

Are you a fresh graduate or a working professional, looking to upskill and get an amazing work opportunity by pursuing an MBA? But do you worry about pursuing an MBA and leaving the job? Then worry not as this course is opted by many people in different modes.

Is Online MBA Worth It? MBA Latest Report 2024| Universities| Fees| Package

You can also opt for the best specialization based on your interests and educational background. The candidates can get to know about different types of MBA here in this blog-

Seven Different Types of Modes of MBA

With the help MBA you can elevate your knowledge to an exceptional level. The candidate can get a deep understanding of marketing and business. You get the chance to learn about finance, marketing, operations, supply chain, clear communication and many more. Here are six different types of MBA. Also Know | MBA Full form!

1) Full-Time MBA

Full-time MBA is the most commonly pursued MBA offered by many universities and institutes. The candidates, especially the fresh candidates can opt for this program. The course is well structured and offered in on-campus mode.

You can pursue an MBA full-time if you are not working and have enough time to devote to your studies. Full-time MBA courses can be pursued in one year or two years. No matter which one you choose, you get the same value and knowledge. 

Two-Year MBA- These are comprehensive studies of business and management. This is offered by many top institutes. You can enrol in this program if you can invest time to get a better understanding and knowledge about business and management. You get the chance to do an internship at the end of the course. 

One-year MBA- These are courses that offer an accelerated timeline to complete the graduation. This course is well suited for people who already have certain work experience and also have a business background and have done some courses as well. 

2) Part-Time MBA

This is best for working professionals and this is equivalent to the traditional degree. There is no need to leave work, you can study and work at the same time. This degree offers a lot of flexibility to complete the program. As per the data working professionals pursue this program more, around 37% of part time MBA students are over the age of 31.

There are two main types of part-time MBA viz self-paced and lockstep MBA. In a self-paced program, the candidate gets more flexibility compared to a lockstep MBA.

3) Online MBA

 This MBA program can also be pursued in online mode by the top universities and institutes. MBA online courses offer flexibility to manage other work along with studies.  You are not required to relocate to the university’s destination, you can easily take the class on your computer screen.

You get all the skills and knowledge you can get in a traditional degree. These programs facilitate virtual networking, peer engagement and many more. 

4) Flexible MBA/ Hybrid MBA

This is an MBA program that is offered with full flexibility. You can take classes in the pattern that suits you best. There will be online classes, individually in person, on weekdays and weekends depending on your needs and even in the evening.

These programs are offered by many top universities and institutes. This is the best mode of education for working executives who are looking to upskill their knowledge and career. The candidates can earn while studying and pursuing the degree. 

5) Global MBA

GMBA or Global MBA online mainly aims to excel in international business and global business practices. These global MBA programs are in high demand. After completion of this program, you will be able to understand business problems from an international perspective. 

Enrolling in this program can help you to enhance your international network and grab many more new international opportunities. This program allows you to share more ideas and creative narrations globally with people all around the world and this also helps you to build a strong network. 

6) Executive MBA

EMBA or Executives MBA for Working Professionals is well suited for people working professionally and looking to grab in-depth skills and knowledge but do not have time to get back to college due to jobs. Such people have the chance to work along with studies and programs offer complete flexibility to the students.

But there is one main condition to enrol in this program. The candidate must have some work experience in the related business role. EMBA promotes flexible timings, part-time studies, basic weekend schedules for the classes and flexible timings to submit assignments.

Unlike the students enrolled in full-time MBA, these candidates can complete their courses by taking online classes even on holidays and weekends. 

7) MBA Diploma Courses

These are the courses that are also called PGDM( Post Graduate Diploma in Management). These programs are industry-oriented programs, unlike the MBA which focuses more on mentorship, and better industry exposure.

These PGDM online programs prepare individuals with the skills that help them to take the job roles in the business and management field. 

Different Types Of MBA Specialisations

Here are the different types of MBA specialisations, you can get any one of these based on the eligibility criteria and passion and interest. All these specialisations can be opted in the online, regular, hybrid, executive and part-time modes.

The syllabus for all the specialisations remains the same just for the last semester, the candidate gets to learn about the subjects opted.

1) MBA General 

Master of Business Administration in general is a typically two to three years program. This is a broad study of business and management. A general MBA can equip students with careers in large enterprises or small businesses by offering essential skills in finance, marketing, operations, and communications.

In MBA general you get to learn about various subjects like accounting, business ethics, data analysis, corporate finance, macroeconomics, marketing, microeconomics, management, and operations. You May Enroll | Online MBA In General Management!

Top Universities offering MBA General are -

  • Indian Institute of Management Calcutta
  • Symbiosis Institute of Business Management
  • Management Development Institute
  • Indian Institute Of Management–Bangalore (IIM–Bangalore)
  • Lovely Professional University
  • Amity University
  • International Management Institute
  • IIM Lucknow
  • IIM Calcutta
  • IIM Ahmedabad
  • XLRI - Xavier School of Management
  • IIT Kharagpur
  • NMIMS Mumbai
  • Indian Institute Of Technology Roorkee
  • Jamia Millia Islamia

2) MBA in Marketing 

MBA in Marketing is best for people who are seeking to get versatile knowledge about marketing. It equips the candidate with the right skill set. MBA in Marketing focuses on creating and innovating new ideas, communications skills, and providing value to the customers.

The main goals of the marketing are attracting lots of new leads, and spreading awareness about the products and services. It also helps to bring the customers to purchase the services and products and also encourages the customers to take action in favour of the brand.

Marketing people find ideas for achieving goals that involve various tools and techniques like advertising, offers, social media, email marketing, product display, website blogs and many more. You May Enroll | Online MBA In Marketing!

Top Universiries offering MBA in marketing are -

  • FMS Delhi
  • MICA Ahmedabad
  • IIFT Delhi
  • IMT Ghaziabad
  • SIBM Pune
  • Indian Institute of Management Bangalore
  • Indian Institute of Management Kozhikode
  • MDI Gurgaon
  • ISB Hyderabad
  • XLRI Jamshedpur
  • SPJIMR Mumbai
  • Indian Institute of Management Ahmedabad 
  • Indian Institute of Management Calcutta 

3) MBA International Business 

This field is best for interested people in the international market and businesses who are planning to pursue a career in foreign trades and the global market. This is a foundation course for the development of a competent career of business executives in foreign industry.

There is a wide range of opportunities after completion of the MBA in International Business. After completion of this program, you get the opportunity to work as a global marketing manager, foreign policy international finance manager, import and export sector, international business developer and many more. You May Enroll | Online MBA In International Business!

Top Universities offering MBA International Business courses are -

  • Jamia Millia Islamia
  • Chandigarh University
  • Fortune Institute of International Business
  • Graphic Era Deemed To Be University
  • MDI Gurgaon
  • Bharathidasan University
  • International School of Management Studies
  • Amity Online
  • Aligarh Muslim University
  • Management Development Institute
  • Christ University
  • Vishwakarma University
  • Delhi University
  • Galgotias University
  • LPU
  • SHARDA UNIVERSITY
  • AIMS Institute of Management Studies
  • Pace University
  • FORE School of Management
  • Birla Institute Of Management Technology
  • Alliance University

4) MBA in Business Analytics

MBA in International Business is typically a two to three-year program that highly focuses on the international business field.  Business analytics is the collecting, sorting, combining, process, and application of the statistical model and methods to build insights out of the data.

This is a useful process that helps in determining the database and the usage of the data can be useful in many ways. This program trains you in management and technical skills.

You get to study various topics like data mining, data acquisition, visualisation, customer analytics, data preparations, decision models and many more. You May Enroll | Online MBA In Business Analytics!

Top Universities offering MBA in Business Analytics -

  • Amity University
  • NMIMS University
  • Jaipuria Institute of Management online
  • Delhi School of Business
  • Lloyd Business School
  • Management Development Institute
  • Greater Noida Institute of Technology
  • ISB Hyderabad
  • BITS Pilani
  • IIM Bangalore
  • GNIOT Institute of Management Studies
  • GLA University
  • Lovely Professional University
  • SCMHRD Pune
  • IIM Kashipur
  • Kohinoor Management School

5) MBA in Healthcare Management

MBA in healthcare is specially designed for experts who are already working in the medical field or have a medical background earlier or for medical practitioners who want to start their venture. People from medical backgrounds like medicine, public health, health sciences, and nursing.

The subjects included in the program are financial accounting, decision-making and data analysis, managerial accounting, operations management, global perspectives, finance, marketing, organisations and human capital, microeconomics for the global economy, strategic management, foundational management topics in healthcare, business ethics and public policy and many more.You May Enroll | Online MBA In Healthcare Management!

Top Universities offering MBA in Healthcare Management -

  • Chandigarh University
  • Goa Institute of Management
  • Aligarh Muslim University
  • SOA University
  • LPU
  • K J Somaiya Institute of Management
  • IIM Bodh Gaya
  • Welingkar Mumbai

6) MBA in Finance 

MBA in Finance is the in-depth study of corporate finance, macroeconomics, finance derivates, venture capital, insurance, marketing and strategy, fixed-income securities and international finance.

This is best for people looking to make their career in corporate finance, asset management, derivative structuring, hedge fund management, private corporate company and many more.

After completion of the program, you can get work opportunities in financial institutes, brokerage companies, investment bankers, non-financial institutions, commercial banks and many more. You May Enroll | Online MBA In Finance Management!

Top Universities offering MBA in Finance are -

  • Indian Institute of Management, Bangalore (IIM B)
  • Indian Institute of Management, Calcutta (IIM C)
  • Indian Institute of Management, Ahmedabad (IIM A)
  • Xavier's Labour Research Institute, Jamshedpur (XLRI)
  • Jamnalal Bajaj Institute of Management Studies (JBIMS)

7) MBA in Human Resource 

An MBA in Human Management aims at the management of HR in an organisation. HR looks after the organisation’s vision and mission, culture, clientele and operating systems.

In this course, the candidates are taught about many topics like human resource development, labour welfare, manpower development for technological change and many more.

After the completion of the program, you can become a Human resource management, manager, employee relations manager, vice president of human resources, manager of HR operations and many more. You May Enroll | Online MBA In HR Management!

Top Universities offering MBA in Human resource management are -

  • XLRI - Xavier School of Management
  • NMIMS
  • International Management Institute
  • Tata Institute of Social Sciences
  • Jaipuria Institute of Management
  • Alagappa University.
  • DY Patil University School of Management
  • Xavier institute of social service
  • Chandigarh University
  • IIM Trichy
  • Management Development Institute
  • MDI Gurgaon
  • Amity Online
  • MET Institute of Management
  • Birla Institute of Management Technology
  • Bharati Vidyapeeth Deemed University

8) MBA in Operations Management 

Students with backgrounds in business administration, engineering and technology fields can enrol in this program as this program is well suited for them. Anyone interested in the supply chain management field, production field, and logistics can pursue this program.

After the completion of the program, the candidate can enrol in job roles like operation manager, administrative service manager, quality assurance manager, executive director, supply chain manager, operation consultant, procurement manager and many more.

You will get to study various topics like leadership, economics, finance, production planning, quality control, accounting, supply chains, project administration, and many more. You May Enroll | Online MBA In Operations Management!

Top Universities offering MBA Operations Management -

  • Indian Institute of Management Mumbai
  • Management Development Institute
  • Birla Institute Of Management Technology
  • IIT Kharagpur
  • Institute of Management Studies
  • XLRI - Xavier School of Management
  • JBIMS
  • SIBM Pune
  • Lloyd Business School
  • Pune Institute of Business Management
  • SPJIMR
  • IIM Lucknow
  • IIM Calcutta
  • Indian Institute Of Management–Bangalore (IIM–Bangalore)
  • IIT Madras
  • Online Manipal
  • IIT Delhi
  • Lovely Professional University
  • IIT Bombay
  • PSG Institute of Management
  • SIOM Nashik

9) MBA in Supply Chain Management

MBA in Supply chain management is a two-year program that is offered by top universities. This program is pursued by people with prior experience in the business and management field.

These people have years of experience but lack some skills. These people can pursue this program that offers in-depth knowledge about the supply chain management field.

The program can be pursued in any mode of education and all degrees are equivalent and carry equal value. You May Enroll | Online MBA In Supply Chain Management!

Top Universities offering MBA in Supply Chain Management are -

  • XLRI Xavier School of Management
  • Indian Institute of Management Udaipur
  • Amity University, Noida
  • SPJIMR 
  • Chandigarh University (CU)
  • LPU - Lovely Professional University

10) MBA in entrepreneurship 

This program is best if you looking to start your venture, MBA in entrepreneurship is best for you. The course helps you to gain excellence in the fields like marketing, business, management and operations.

You get the overall idea about the roles and duties of the entrepreneur. You May Enroll | Online MBA In Entrepreneurship!

The top Universities offering this program are -

  • Jamia Millia Islamia
  • Symbiosis Institute of Business Management, Symbiosis International, Pune
  • Chandigarh University (CU)
  • Indian Institute of Management Nagpur
  • XLRI Xavier School of Management
  • School of Business, UPES
  • Lovely Professional University
  • Graphic Era Deemed to be University

Conclusion

There are various types of MBA that you can opt from. The students select the one that helps them to enhance the skills and creativity. We covered all the eligibility criteria to enrol in these different types of MBA. If you are interested to enrol in Regular MBA program, you must give entrance examination, but you can get the same facilities and services as in regular MBA in online MBA without appearing in any entrance examination.

FAQs (Frequently Asked Questions)

Yes, an Online MBA is a valid degree globally and is the same as a regular degree. These are UGC-approved programs that are accepted for all types of employment.

MHRD-NIRF Ranking 2021

MBA Institute

1

IIM Ahmedabad

2

IIM Bangalore

3

IIM Kozhikode

4

IIM Calcutta

5

IIT Delhi-DMS

6

IIM Lucknow

7

National Institute of Industrial Engineering, Mumbai

8

IIM Indore

9

XLRI Jamshedpur

10

IIT Bombay-SJMSOM

11

IIM Raipur

12

IIM Rohtak

13

MDI Gurgaon

14

IIT Kharagpur-VGSOM

15

IIT Madras-DOMS

16

IIM Udaipur

17

SIBM Pune

18

IIT Roorkee-DOMS

19

IIM Kashipur

20

SPJIMR Mumbai

21

IIM Trichy

22

IIT Kanpur

23

IIM Ranchi

24

Jamia Millia Islamia

25

IIM Shillong

26

IIFT Delhi

27

Amity University

28

IIM Visakhapatnam

Yes, after completion of the MBA, you can get government jobs in institutes like:

MBA Government Recruiters

NABARD Consultancy Services

Bank of Baroda

National Housing Bank

Engineering Projects India Limited

City Union Bank

IIT Kharagpur

RBI

IBPS

Bharat Electronics Limited

Coal India Limited

Central Bank of India

SBI

After completion of the MBA program, you can get job for various roles in industries like -

  • Finance Jobs
  • Sales and Marketing Jobs
  • IT & Systems Jobs
  • Operations Jobs
  • Supply Chain Management Jobs
  • Retail Management Jobs
  • Business Analytics Jobs
  • Human Resource Jobs

The Top Specialisation of Online MBA are-

  • Online MBA in Finance and Marketing
  • Online MBA in Logistics and Supply Chain
  • Online MBA in Marketing and HR
  • Online MBA in Data Science and Analytics
  • Online MBA in HRM and Finance
  • Online MBA in Digital Marketing and E-commerce
  • Online MBA in Finance and Leadership
  • Online MBA in Entrepreneurship and Leadership
  • Online MBA in System and operations
  • Online MBA in Business Intelligence and Analytics
  • Online MBA in Oil and Gas Management
  • Online MBA in Artificial Intelligence and Machine Learning
  • Online MBA in IT and Fintech
  • Online MBA in Hospital and Healthcare
  • Online MBA in marketing and sales
  • Online MBA in Production and operations
  • Online MBA in Finance and Accounting 

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