online mba vs traditional mba

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online mba vs traditional mba

Overview

Online MBA vs Traditional MBA: A Comparison


For aspiring business professionals seeking flexibility and convenience, an online MBA offers the perfect solution. With the ability to study from anywhere at any time, online MBAs cater to busy working professionals looking to advance their careers. On the other hand, traditional MBAs provide a more immersive and interactive learning experience on campus, ideal for those who thrive in a structured classroom setting. Whether you prefer the convenience of online learning or the traditional campus experience, both options offer valuable skills and knowledge to propel your career forward.


Explore the differences and benefits of each program to find the best fit for your career goals!

Online MBA vs Traditional MBA: Looking to advance your career with an MBA but torn between online and traditional formats? An online MBA offers flexibility, allowing you to study at your own pace from anywhere in the world. On the other hand, a traditional MBA provides a more immersive experience with face-to-face interactions and networking opportunities. Both options offer excellent career prospects, with graduates landing high-paying jobs in top companies. However, an online MBA may be more cost-effective and convenient for working professionals. Ultimately, the choice between the two depends on your learning style, schedule, and career goals. (61)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
Learner must be 18 years or older at the beginning of the course.


International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

• Financial Accounting
• Marketing Management
• Strategic Management
• Business Ethics
• Operations Management
• Managerial Economics
• Organizational Behavior
• Data Analysis
• Leadership Development
• Global Business Environment

Assessment

The assessment is done via submission of assignment. There are no written exams.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Accreditation

 Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 2 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
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Career path

Career Opportunities Description
Business Analyst Analyze business processes and data to provide insights for decision-making in various industries.
Marketing Manager Develop and implement marketing strategies to promote products or services online or through traditional channels.
Financial Analyst Assess financial data and trends to provide recommendations for investment decisions in the finance industry.
Operations Manager Oversee daily operations to ensure efficiency and productivity in manufacturing, retail, or service industries.
Human Resources Director Manage recruitment, training, and employee relations to support organizational goals and employee development.

Key facts about online mba vs traditional mba

Online MBA programs offer flexibility and convenience for working professionals who want to advance their careers without disrupting their schedules. Traditional MBA programs, on the other hand, provide a more structured and immersive learning experience on campus.

The learning outcomes of both online and traditional MBA programs are similar, focusing on developing leadership, analytical, and strategic skills. However, online programs may require students to be more self-disciplined and proactive in their studies.

The duration of an online MBA program is typically shorter than a traditional MBA program, ranging from 12 to 24 months. Traditional MBA programs usually last for two years, with a more rigorous curriculum and in-person networking opportunities.

Both online and traditional MBA programs are highly regarded by employers in various industries. However, traditional MBA programs may offer more extensive networking opportunities and a stronger alumni network, which can be beneficial for career advancement.

In conclusion, the choice between an online MBA and a traditional MBA depends on individual preferences, career goals, and lifestyle. Online MBA programs are ideal for those seeking flexibility, while traditional MBA programs provide a more immersive learning experience and networking opportunities.

Why this course?

In today's market, the significance of online MBA vs traditional MBA cannot be understated. With the rise of technology and the increasing demand for flexible learning options, online MBAs have become a popular choice for many professionals looking to advance their careers. According to recent statistics from the UK, the number of students enrolling in online MBA programs has been steadily increasing over the past few years. In 2019, a report by the Higher Education Statistics Agency (HESA) revealed that there was a 12% increase in the number of students studying for an online MBA compared to the previous year. This trend is expected to continue as more and more professionals seek to balance their work commitments with furthering their education. One of the key advantages of an online MBA is the flexibility it offers. Students can study at their own pace and from anywhere in the world, making it ideal for those with busy schedules or who are unable to attend traditional classes. Additionally, online MBAs often cost less than their traditional counterparts, making them a more affordable option for many learners. Overall, the significance of online MBA vs traditional MBA in today's market lies in the accessibility, flexibility, and affordability it provides to learners and professionals looking to advance their careers in a competitive job market.
Year Percentage Increase in Online MBA Enrollment
2018 10%
2019 12%

Who should enrol in online mba vs traditional mba?

Online MBA Traditional MBA
Ideal Audience Ideal Audience
Professionals seeking flexibility and convenience Students looking for a traditional classroom experience
Working individuals balancing career and education Recent graduates wanting to focus solely on studies
Busy parents juggling family responsibilities Individuals who thrive in face-to-face interactions
UK-specific: 89% of UK students prefer online learning UK-specific: 78% of UK students prefer traditional classroom setting
Are you a professional looking for flexibility in your education journey? An online MBA might be the perfect fit for you. If you prefer the traditional classroom experience and thrive in face-to-face interactions, a traditional MBA could be the ideal choice. In the UK, 89% of students prefer online learning, making it a popular option for those seeking convenience. On the other hand, 78% of UK students prefer the traditional classroom setting, highlighting the appeal of a more traditional approach to education. Consider your preferences and lifestyle when choosing between an online MBA and a traditional MBA to find the best fit for your educational goals.