What are the Different Types of MBA Courses? Master’s of Business Administration

Introduction

MBA is a post-graduation course that gives one a great career option. Many people have the basic qualification, and an MBA adds a higher qualification to the resume that makes them more preferred over basic qualifications. MBA enhances the interpersonal and managerial skills that make the companies hire the ones with higher qualifications. 

MBA is usually a two-year’s extensive program that includes an internship too. Anyone can easily apply for the MBA course. There are different types of MBAs that one can pursue. The importance of all types of MBA courses is similar, and it is completely the applicant’s choice to choose any of them. 

In this article, you will learn different types of MBA and the benefits of doing an MBA. Apart from that, you will also know the different MBA programs offered by upGrad.

Benefits of MBA

Technology is growing at a very fast pace. Every other day, we hear about some new technologies that become necessary for professionals to grow in their careers. For example, Machine Learning and Artificial Intelligence are two such innovative technologies that every company is adapting. 

Therefore, it becomes the need of the hour to learn these skills. Online MBA programs are such courses that allow the professional to gain such new skills while doing their full-time job. These MBA programs help professionals in getting skilled and easily get switched to such new technologies. There are many benefits to doing an MBA:

• Learn the flexible skills applicable to wider industries
• Start your new company from scratch
• Improve communication skills
• Develop the professional network
• Improve the professional credibility

An MBA makes you a credible person at the company, Nurturing your career growth. Also, one can easily switch to new career options as most online MBA courses come with great career support.

Different Types of MBA

MBA is one of the sought-out degrees that helps a person in developing professional skills. Every year, many people apply for MBA. Below are the different types of MBA that one can opt for:

1. Full-Time MBA

That is the most common type of course that most graduates apply for. A full-time MBA course duration is two years, and students need to attend the classroom sessions.

2. Part-Time MBA

This type of MBA is preferred by those already working, as this course does not need a student to be constantly present in the classroom. Students have to come for the classroom session once after a while, when and as suggested by the instructors. The duration of this course may vary up to 3 years.

3. Executive MBA

This type of MBA is designed for a professional who wants to enhance their skills while continuing with his job. This kind of course usually has a duration of 1 year in which applicants have to attend the classroom sessions on weekends.

4. Correspondence MBA

This is the type of MBA in which students do not need to attend any classroom session. The syllabus and course material are provided to the students at the start of the course, and students need to take the exams at the end. That is a good option for those who want to pursue an MBA but cannot afford the course.

5. Online MBA

This type of MBA has become popular in recent times. The students are provided with online study material with lectures as video recordings. There is a one-to-one mentor allocated to the students where students can resolve the queries and doubts.

One can opt for any of these MBA courses as per their requirements. The online course is becoming popular these days as students get everything online and students can complete a course from anywhere. 

It is best for the working professional who can continue with their job. upGrad offers many executive MBA courses in future-oriented fields that students can attend online. The duration of an MBA from upGrad is two years. 

Below are some of the MBA courses that you can complete at upGrad and take your career to the next level: 

Different Specialization in MBA from upGrad

1. MBA (Global) Deakin Business School

This is the program that helps to enhance decision-making and improve communication skills. This program can improve your career as a manager or a leader in the field you are working in. The program offers a certificate from Deakin Business School, which comes under the top 1% of business schools across the world. 

The program can fulfil your dream to work abroad as the program is recognized by the World Education Services (WES). Get the chance to interact with students from across the world.

You can opt for this program if you are an experienced manager, a business owner, a Senior Management Executive, and in the middle of your career. 

You can opt for this program if you want to enhance your managerial or leadership skills and grow in your career.

Eligibility for the Program

• Bachelor’s degree in any discipline with at least 50% of the marks and a minimum of 3 years experience.

Skills you Will Learn

As part of this MBA program, you will get the below skills

• Financing Strategies
• Design Thinking
• Business Growth Strategies
• Integrated Business Strategy Formulation
• Leadership
• Change Management
• Strategic Thinking and Planning Abilities
• International Business
• Developing High Performing Organizations

2. MBA in Digital Finance and Banking

This program offers the degree from OP Jindal Global University, which is recognized both nationally and internationally as ‘Institute of Eminence.’ This is a future-oriented program in the finance domain, best for those who want to kick start their career and make job-ready. 

As an alumnus from Jindal Global University, you can get yourself engaged in the world of academia. Apart from that, get career support from upGrad by participating in mock interviews and different job fairs. You should opt for this program if you want to make yourself ready for future-oriented jobs.

Eligibility For the Program

• Bachelor’s degree in engineering / science / commerce / administration / mathematics with 50% marks.
• Qualified JMAT, which is a national level exam

Skills you Will Learn

As part of this MBA program, you will get the below skills:

• Artificial Intelligence
• Fintech Ecosystem
• Finance Data Visualization
• Design Thinking
• Financial Management & Valuation
• Blockchain & Cryptocurrency
• Digital Fraud
• Risk Analysis

3. MBA (Global) with Specialization in Product Management

This is an online MBA program that offers a dual degree from Duke University and Deakin University. The duration of the program is 21 months that constitute 10-12 hrs per week. Get 360-degree support in your career. 

If you are looking for an MBA course in product management, then opt for this course. After completing this program, you will get jobs in HR management, finance, management consulting, business development, strategy, and operations.

Eligibility for this Program

• Bachelors with at least 50% marks 
• Minimum experience of 3 years in people management, project management, financial management, and similar fields

Skills you will Learn

• User Design
• Market Research
• Business Growth Strategies
• Strategic Thinking
• Leadership
• Design Thinking
• Strategies for Business Growth
• Product Development
• Growth and Engagement

4. MBA with Specialization in Digital Marketing

This MBA program is an online program that provides the certificate from Deakin Business School upon completing the course. There is expert and experienced faculty for this MBA in Digital Marketing. With the increase in jobs in Digital Marketing, the demand for this course has also increased. 

You will get complete career support after this course to get placed in an inappropriate role. Along with the learning, you will get the one to one mentorship with industry leaders. You should opt for this program if you are looking for an MBA in Digital Marketing.

Eligibility for this Program

• Bachelor’s degree with at least 50% marks and a minimum of 3 years of work experience in project management, financial management, planning. People management, sales, leadership, and operations.

Skills you will Learn

• SEM
• SEO
• Content Marketing
• Social Media
• Strategic Thinking
• Marketing Analytics
• Branding
• Planning Abilities
• Design Thinking
• Business Strategy

5. Master of Business Administration

This is a UGC recognized program offered by upGrad in collaboration with Chandigarh University. The duration of the program is two years, with 30 hours per week. The program offers the experience at ground level to get an understanding of different management strategies in business. 

You can choose either Business Analytics, Digital Marketing, or Logistics & Supply Chain. The program also includes a six months internship. Along with the program, the students also get guidance with the preparation of competitive examinations and placements. Anyone interested in marketing, finance, international business, and HR can opt for this program.

Eligibility for this Program

• Anyone who graduated in BBA, BCom, or BA from a recognized university

Skills you will Learn:

• HRM
• Strategic Management
• Business Research Methods
• Entrepreneurship Development
• International HRM
• Finance & Marketing Management
• Strategic and cross-cultural HRM

upGrad your Life with an MBA 

MBA is a great option for those who want to make a bright career with a high pay scale. There are different types of MBA courses that one can choose from according to their requirements and budget. If you are a fresher and just completed your graduation, you can go for the full-time MBA course. 

Online and executive types of MBA courses are mainly for the working professional looking to enhance their skills and grow in their career. MBA is a great choice for professional development irrespective of the type of MBA course you opt for.

Conclusion

upGrad encourages interactive and integrated learning through live discussions, case studies, mock interviews, resume-building sessions, and offline peer-to-peer networking events.

If you are keen on upgrading your career with an Executive MBA course, upGrad is offering MBA from Liverpool Business School.