Global MBA vs Regular MBA: What's the Difference?

Want to be an MBA holder? Looking for a successful career and confused about selecting the right MBA program. Yes, you heard it right today with the rise of digital education there are so many options of MBA (Masters of Business Administration) available for students. Other than the regular MBA program, more better and flexible options such as Online Global MBA are available for students.

 

In this blog, Global MBA VS Regular MBA, we’ll provide you with detailed differences between both the programs and the blog will open up an opportunity for students and working professionals who want to pursue their MBA from abroad and learn global business techniques and culture. You’ll understand and learn about the online Global MBA from a better perspective. 

Global Online MBA: Overview

Global MBA online is offered by renowned international universities, and the program is completely online, yes fully flexible for students. You can learn from your home or from anywhere else as per your comfort and selected schedule. The major advantages of pursuing a Global MBA program are you get to learn the business from a global perspective, the curriculum would help you develop business understandings and techniques that you can apply in India or anywhere in the world.

The Global MBA Online degree is globally recognized are allows you to work in top management positions in India or abroad. There are multiple specialization options such as Marketing, Finance, HR, Operations, Leadership, Supply Chain Management, etc.

Top Global MBA Specialization
Global MBA In Finance	Global MBA In Marketing
Global MBA In HR	Global MBA In Data Science and Analytics
Global MBA In Supply Chain Management	Global MBA In Operations
Global MBA In Business Analytics	Global MBA In Business and Law

Moreover, the program is also completed in just 12-24 months. Also, this program includes a more practical approach to learning with practical assignments, group discussions and projects, and capstone projects.

Key Feature:

• 100% Online and Flexible
• Shorter Duration- 12-24 months program
• No Entrance Exam required
• Global Business Curriculum
• Opportunities to Learn from International Universities
• Networking and Interaction with Top faculties and Diverse Students

Regular MBA: Overview

Regular MBAs follow the traditional learning approach, where students and teachers have to attend on-campus classes. There is no flexibility for students. Also, students have limited options for colleges. Most students didn’t get into good colleges as for admission in reputed institutes regular MBA program, you have to qualify in entrance exams such as CAT, GMAT, GRE, etc. 

Moreover, when you pursue a regular MBA or traditional MBA program, there will be extra expenses as well such as travel costs and accommodation costs also if you pursue an MBA from an institute in another state or country. 

Additionally, the curriculum is mostly based on theory and lacks exposure to international business knowledge and modern trends. The duration of the program is 2 years and because of the on-campus availability required, students get better networking opportunities.

Key Features:

• In Person Lectures and Discussions
• Access to Campus Facilities such as; Libraries and Events
• Physical Interaction with Faculty and Batchmates
• Internships and In-Person Practicals
• 2 Years Program

Global MBA VS Regular MBA

Let's understand some key differences between an Online Global MBA and a Regular MBA. 

Factors	Global MBA Online	Regular MBA
Accreditations and Recognition	Online Global MBA is a globally recognized degree, and valid in the Indian as well as international job markets.   Accredited by bodies like AACSB, AMBA, or EQUIS.	Completing a regular MBA program from a reputed institute has value worldwide.   Accredited by bodies like UGC, AICTE, NIRF, NAAC, etc.
Flexibility and Convienence	Online Global MBA is 100% online and flexible.   Self-Paced learning.    Students and working professionals can have a work-life balance with study.	Regular MBA has no flexibility and requires on-campus availability.   Fixed class schedules.   Working Professionals can’t pursue this program because of full-time commitments.
Accessibility	Accessible for students around the world.   No need for travel and accommodation.	Limited accessibility because of geographical constraints.   Students have to travel to college to attend classes and some might require a hostel to stay.
Curriculum and Exposure	The curriculum includes global business, international trade, and cross-cultural management, etc.   Students get exposure to global business challenges and solutions.	The curriculum is localized and includes basic subjects such as marketing, finance, operations, etc.   Global exposure depends on the college/institute. Only top-tier institutes offer international business learning.
Learning Experience	Global MBA online learning experience relies on technology live and recorded lectures, discussion forums, personalized virtual sessions, etc.   Includes optional immersion and virtual networking programs.	In-person interactions, face-to-face debates, real-time problem-solving, etc are the highlights of the regular MBA program.   Direct access to professors, classroom participation, and college events enhance the learning experience.
Networking Opportunites	Networking is challenging in an online Global MBA program.   International Universities provide networking opportunities through virtual networking events, group projects, and occasional on-campus events.	Better and organic networking through face-to-face interaction with peers and professors.   on-campus regular classes, networking events, college fest, alumni gatherings, projects, etc help build professional networks.
Cost	Global MBA online programs are quite affordable when looking at the outcomes of the program.    Ranges between 5 Lakhs INR to 10 Lakhs INR.	Regular MBAs or Traditional MBAs are highly expensive compared to regular MBAs. Fee ranges also depend on the university.   Ranges between 10 Lakhs INR to 25 Lakhs INR.
Eligibility Criteria	A Bachelor's degree from a recognized university.   Minimum 45-50% marks in bachelors (might vary).   2-3 of Work experience (not mandatory for admission to every university).	A Bachelor's degree from a recognized university.   Minimum 45-50% marks in bachelors (might vary).   Qualify entrance exams like GMAT, CAT, GRE is required   Work experience is not mandatory but preferred.
Career Prospect	Online Global MBA graduates qualify for jobs in international business across the world.   Graduates can work in MNCs, global finance institutes, international consulting firms, etc.	Regular MBA graduates are suited for jobs in regional business.   Regular MBA graduates work in managerial roles such as Marketing Manager, Business Operations, consultant, etc within regional businesses.

Reasons to Pursue Online Global MBA Over Regular MBA

Choosing an Online Global MBA over a regular MBA can be an ideal choice in today’s fast-paced world. Everyone wants to achieve success faster, and a Global Online MBA help you to achieve it in 12-24 months. Also, the learning of the program not only prepares you to work in the growth of Indian businesses but also take up global business challenges and work in renowned global companies, MNCs, etc.

The flexibility of the online Global MBA helps you to learn while working, with no need to quit jobs which also allows you to implement the new learnings regularly and become better practically.Moreover, the networks you build through the Global MBA program will help you a lifetime and open opportunities to work and settle abroad. Overall, a Global Online MBA would provide better career advancement opportunities than a regular MBA.

Top Online Global MBA Universities

University	Duration	Fees (Might Vary)
Liverpool Business School Online Global MBA	18 months	INR 4,80,000
Golden Gate University Online Global MBA	15 months	INR 8,35,000
Deakin Business School & IMT Ghaziabad Online Global MBA	24 months	INR 5,50,000
O.P. Jindal Global University Online Global MBA	12 months	INR 1,60,000
Edgewood College Online Global MBA	14 months	INR 3,56,000
Deakin University Online Global MBA	13 months	INR 4,00,000
Queen Margaret University Online Global MBA	12 months	INR 2,99,000

How to Join the Online Global MBA Program?

Before joining the online Global MBA, you might be thinking about the university, and asking a question to yourself which university would be right for me. Which university would align with my goals and financial state?

To answer these questions and help you select the right university for the Online Global MBA program, College Vidya is one platform that provides an unbiased comparison of online universities based on your selected specifications such as qualification, study hours, financial condition, etc. You get the comparison of the suggested universities on multiple factors such as fees, student review, curriculum, placement support, approvals, etc. 

More than a comparison platform, College Vidya also provides post-admission services, CV community access, mentor assistance, placement support, and CV subsidy after admission.

Conclusion

To conclude the information, with the increasing dependency on technology and globalization, definitely, Online Global MBA learnings are much more beneficial, and the outcomes of the program provide better career growth and advancement. However, a traditional or regular MBA has its own advantages, for those who prefer on-campus experience, a regular MBA is ideal for them. Before making your decision you must consider all aspects of Global MBA vs Regular MBA and move forward with the ideal MBA program.