Online MBA Dual

When it comes to MBA programs, a dual specialisation is very different from a regular degree. When a student enrols concurrently in an MBA program and a graduate program in medicine, nursing, law, computer science, engineering, environmental studies, or applied science, it is called a dual degree program.

So, lets check further details regarding the online dual MBA.

Key Features of the Online MBA Dual

• If you are willing to balance work and family responsibilities while still keeping an eye on your career, then you must consider an online MBA. 
• The ability to access innovative technologies is another advantage.
• Online MBA programs are at the forefront of business technology, offering two main benefits to students: they can gain a mastery of technological tools while having the freedom and flexibility to study when convenient. 
• Online MBA programs have seen a surge in popularity, resulting in many enterprises placing emphasis on attracting international students and providing them with business immersion experiences abroad.

Subjects

Any industry or area of expertise can benefit from an MBA certification. Dual-specialisation MBAs are 2-year programs with a 1-year fast-track option. It is ideal for those seeking to improve their careers in the corporate world by studying management in depth.

The course is divided into four semesters and offers two specialisation options.

Among the subjects covered are Essentials of Management, Quantitative Methods, Business Communication, Human Resources Management, Ethics, Corporate Law, Financial Management, International Business, Marketing Management, Business Strategy, Management Control Systems, Business Environment, Advertising and Brand Management in addition to two specialisations you can choose from a comprehensive list.

There are usually more opportunities for management-trained personnel than for almost any other functional qualification in most professional organisations. Your key competitive advantage will be the MBA Program's general management focus, as well as the blend of Indian and international perspectives. You will be able to advance your career and gain access to senior management positions more quickly. 

Syllabus

Application Criteria

• For admission to any of the universities, students must complete their graduation degree.
• In order to qualify for the program, students must have obtained at least 50% in their bachelor's degree program.
• Online admissions do not involve an entrance examination, so merit marks are used instead.

Considering all the important points when reviewing the admission criteria for students, the online MBA Dual Course is ideal for working professionals seeking management careers.

• Scores from the CAT, MAT, XAT, and CMAT are acceptable.
• College entrance exams are required for applicants.
• Based on the score, shortlisting for the next stage of admission (GD-PI) takes place.
• Shortlisted candidates may appear for GD/PI.
• Final results will be announced based on the performance in the aforementioned components.

Course Duration

The duration of the dual MBA degree program is typically two years, as designed by the curriculum and university guidelines. This timeframe allows students to effectively simplify their pursuit of two-degree programs while concurrently focusing on two distinct specialisations. Throughout this duration, individuals can delve deeper into subjects that spark their interest or align with their professional goals, thus maximising the value gained from pursuing a dual MBA degree.

Admission Process

• Students should visit the official universities website. Admission Procedure should be reviewed by students interested in enrolling. 
• Students can apply for the MBA Dual course online through the university's official website. The steps are easy to follow, and the procedure is well-organised.
• Application for Dual MBA program should be downloaded in the respective admission section.
• It is to be filled out with personal and academic information. 
• And candidates can pay the application fee before submitting the form online
• Once submitted, it will be reviewed by the academy.
• Based on the eligibility criteria, candidates will be informed whether or not they are selected.
• They can then get their documents verified and pay the fees required for admission purposes, including tuition fee, etc. as mentioned in the university brochure. 

Fee Details

Considering that the costs and fees for the Online MBA Dual program vary from university to university, students are advised to carefully review the information provided. Students will be charged fees annually or semester-by-semester, depending on your university's admission process. The fee estimate is between INR 60,000 and INR 4,00,000.

Specialisation

The specialisations for the online dual MBA is the choice of two specialisations. These are:

• Accounting and Finance
• Accounting and Taxation
• Analytics and Finance
• Analytics and Marketing
• Analytics and Accounting
• Cybersecurity and Logistics
• Human Resource Management and Organizational Leadership
• Marketing and Finance
• Marketing an Operations Management
• Marketing and Human Resource Management
• Operations and Human Resource Management

Career Opportunities

Digital Marketing Manager

A digital marketing manager is tasked with planning and executing digital marketing campaigns, which could include web, social media, SEO/SEM emails and display advertisements. This includes measuring and reporting the progress of each campaign. Ultimately, they are expected to lead these initiatives from start to finish.

Business Operations Manager

In any company, operation management is one of the most important functions. A person assuming this position would be responsible for ensuring the quality and quantity of products are correctly maintained throughout the manufacturing process. Accountable for product quality and availability throughout the entire process.

Manager of Finance

The success of any company is heavily dependent on its financial health. This can be assessed through the analysis of financial reports, which is a duty of managerial staff, and requires formulating investment plans, devising strategies, assessing costs, prices, variable contributions and sales results, in addition to comparing actual figures to the desired business plan. 

SAP Consultant

As a SAP Consultant, you will evaluate business needs using SAP solutions. The responsibilities include determining business needs by consulting with clients, analysing their businesses, and observing targeted areas.

Business Intelligence Analyst

A Business Intelligence analyst is responsible for studying business data in detail. They break down the key business information into smaller chunks, verify it, and come to an insightful conclusion. Data may involve various aspects of the company, such as revenues, sales figures, customer engagement metrics or market awareness. 

Product Manager

A key responsibility of a product manager is to take customer expectations into consideration throughout the product's journey, from manufacture to sale invoice and beyond. Product managers play a variety of roles as negotiators, communicators, leaders, mediators, as well as coaches who understand the weaknesses and strengths of their teams.

HR Manager

In today's business environment, HR Managers are more important. They plan, coordinate, and supervise the hiring of new employees. They are also the link between management and employees.

Associate in Private Equity

To maximise the returns for their clients, private equity associates analyse market trends to invest on their behalf. They work directly with clients and understand their needs.

Sales Manager

Managing a sales team to achieve sales targets is the key to any organisation's success. Sales managers make strategic decisions while analysing sales data and planning to increase sales. They also train their teams to achieve sales targets while making strategic decisions.

Top Hiring Firms

Once the students complete the Online MBA dual, there are many top companies that provide numerous positions for the graduates. Below are the top hires:

Mode of Courses Available

Distance MBA

Graduates and working professionals can pursue MBA Distance courses if they are unable to enrol in regular MBA courses. As a result of UGC approval in 2018, some top management colleges now offer a 2-year Distance MBA program. Depending on the university, MBA distance education courses cost between INR 30,000 and INR 2,50,000. A graduation certificate from an accredited university is the minimum requirement for Distance MBA eligibility. Some universities also require work experience.

Executive MBA

It is one of the best types of MBA for working professionals and is a 1-year course designed specifically for working professionals with extensive experience. A top MBA college in India offers courses in Marketing, Human Resource Management, International Business, and Microfinance to students pursuing an Executive MBA. It aims to educate job seekers, managers, entrepreneurs, technocrats, and other business leaders by fostering teamwork and achieving a common goal. Additionally, they are introduced to Strategic Management and Executive Communication in the course curriculum.

Top Universities

There are numerous universities that provide online MBA Dual courses. The list of universities provided below gives excellent facilities and knowledge to the students in an affordable way.

What are the Reasons for Choosing Online MBA Dual?

• Trends in the market are constantly changing: You can take advantage of the dual specialisation course and make the most of uncertain market trends. If you only have a skill set in one area, there is a risk that trends could go totally against you if one sector slumps while another rises. 
• An increase in job security: You will learn about two specialities in the dual specialisation MBA program, and you will be less likely to fail in the workplace if you have more skill sets. 
• Opportunities galore: The dual specialisation MBA program provides many pathways for career advancement. It gives students the unique ability to acquire certification and knowledge in two different areas at once, opening up more versatile employment opportunities when compared to a single specialisation degree.
• Shift in career: With this degree, you will be able to apply for jobs in two different fields as you develop knowledge and experience. As a result, students in an MBA program with a dual specialisation are able to fulfil a range of job roles and excel at them.
• The networking process: Building networks is essential for business advancement and career growth. Taking on extra-curricular activities from college – such as workshops, competitions and collaborations – can extend one's reach to different backgrounds and genres. Internships and industrial visits provide a platform to gain insight into the working environment, enabling the formation of beneficial connections with potential contacts.
• Start your own business: Finally, but certainly not least, you can start your own business. Having experience in two different business areas makes it much easier for you to start your own company. You'll be able to handle obstacles more effectively and turn them into opportunities due to your dual background.

Why Should You Opt For An Education Loan? 

Pursuing a higher education degree can sometimes prove to be financially draining to students. That is why, it is a good idea to take an educational loan if you are willing to pursue the online MBA dual program from an excellent university. You can pay the loan back in the form of monthly installments, and the interest rates of student loans are either zero or very low. Thanks to this mode of financial aid, higher education is now accessible to those who come from weaker financial backgrounds but want to pursue excellent quality of learning. 

Conclusion

An MBA with dual specialisation is one of the most unique and beneficial degrees for students. This is because you get to study about two specialisations, that too in the tenure of one degree. When you pursue this degree from a reputed university, the doors to many opportunities will open up for you. All you need to do is research thoroughly about the degree before submitting your application!