Online MBA Dual Specialization

This online MBA dual Specialization program is mainly chosen by the students to increase their expertise in various fields at the same time and same cost. Options for dual specialization can combine any two business disciplines, such as operations management and human resources or finance and marketing. The online format of this program provides an individual with a great benefit in managing their work and education simultaneously. These programs prepare their graduates with the knowledge and abilities required to thrive in a range of business situations and to assume leadership positions within respective businesses. 

There are various other benefits that this dual specialization program provides. The key benefits of this unique online master’s program include dual expertise which makes you gain expertise in two different areas of management at the same point in time. Other than this the online format provides you with flexible study hours with which one can easily learn at their own pace and time along with managing their education and work life. Above all, the multiple career opportunities that you get post-completion of this program increase your chances of getting a job in diverse sectors of an organization due to dual specialization. 

Why Online MBA Dual Specialization?

Despite the dual expertise benefit, there are various reasons to pursue a dual specialization degree. Some of them are listed below:

• Flexibility: Students can learn at their own speed and on their own time by pursuing an online MBA dual degree. Students can work and study from anywhere as they pursue their degrees.
• Career advancement: By improving students' knowledge and skills, a dual specialization online MBA program can help them stand out in the job market. Also, it may present chances for career progression.
• Dual specialization: Choosing to pursue a dual specialization in an online MBA program can help students develop experience in two distinct areas of business, increasing their adaptability and marketability.
• Gaining in-demand Skills: Students can get in-demand skills through an online MBA dual specialization program, like data analytics, digital marketing, and strategic management, all of which are crucial in today's business world.
• Personalized learning: With an online MBA dual specialization, students can choose courses that align with their interests and career goals, allowing for a more personalized learning experience.

Who Should Pursue Online MBA Dual Specialization?

Online MBA in dual specialization is a great choice for individuals who are still in the dilemma of choosing a particular career path. The open choices that you get after this program within the management domain are something that seeks the attention of many business aspirants.

This online PG course is even a great choice for professionals who hold experience in a specific business sector & are now interested in exploring other domains. So, whether you are a fresh graduate or a working professional, choosing an online MBA dual specialization will get you additional career benefits without any doubt.

When to Do an Online MBA Dual Specialization?

The answer to this question cannot be generalized as the decision to upgrade the career with a PG program is based on one’s personal needs & situations. If you have just completed your graduation & interested in higher education, an online MBA in dual specialization will be great for you.

Already serving the business field? Well, this online MBA program can still be a good choice for you. With the benefit of landing in two different business domains, you get assured enhancement in your career opportunities with this dual MBA program.

Top Universities for Online MBA Dual Specialization As Per NIRF Ranking 2023

As per the latest NIRF Rankings of 2023, a few IIMs & IITs made it to the list of the top 10 best management universities in India. Here are the top 5 names on that list that you cannot ignore before enrolling in any management specialization in the country.

Key Highlights of Online MBA Dual Specialization In India

• Complete the online MBA dual specialization program in around 2 years, which is subdivided into 4 semesters. 
• Enroll in this easy-to-get-in program with only your bachelor’s degree in any discipline.
• Pay an average fee ranging from Rs.  20,000 to Rs. 60,000 per semester for this dual MBA program which varies from university to university and also depends upon the specialization one is opting for. 
• Choose your preferred specialization from a range of options including marketing and finance, healthcare management and operations, and technology and innovation.
• Learn in-depth information about two distinct subjects through the dual specialization strategy, which can widen your skill set and increase your marketability to potential employers.
• Gain practical knowledge of the field by working on industry projects & real-time case studies.
• Improve your understanding of subjects by going through the recorded lectures & digitized study materials available 24*7 on your university’s LMS portal.
• Pursue your higher education while juggling between jobs and personal obligations with this convenient & helpful dual online MBA program.
• Get worldwide recognition with a UGC-DEB-approved degree of online MBA dual specialization by learning in a flexible mode via online classes.
• Develop relevant & tech-driven business skills apart from the core conceptual knowledge through this dual MBA program & earn a competitive salary package at a top-rated firm in the country.

Online MBA Dual Specialization Course Subjects

The course curriculum of the MBA dual specialization program mainly depends upon the discipline one chooses, but there are some core subjects that one studies during the program duration. These are listed below:

Apart from these theoretical & conceptual topics, a variety of industry projects with different titles are assigned to learners to strengthen their practical understanding. Industry projects make you aware of the challenges that one faces in the business sector & provide you with ideas for resolving them based on your presence of mind & business skills.

Top Specializations of Online MBA Dual Specialization

Here is a list of a few top in-demand online MBA dual specialization programs.

Other Types of MBAs

Some common types of MBA courses are discussed here that can be taken up by business aspirants based on their requirements & conditions.

Regular MBA: Regular or On-campus MBA is the traditional MBA program that is offered as a most promising PG degree program in the management field. This program is offered at almost all the universities in India based on the scores of some entrance exams like CAT, GMAT, MAT, NMAT, XAT, etc. The fee structure of regular MBAs is quite high which is a matter of concern & is the major reason for not pursuing it for many candidates.

Online MBA: Online MBA is a flexible learning mode that equips you with the basic to advanced level concepts of the business field just like a regular MBA program. The only difference between a regular & online MBA program is the mode of delivery which has actually made it possible for many individuals to pursue an MBA from anywhere even while continuing their jobs. Apart from the flexible mode, other benefits like low fee structure, global industry exposure, & a credible degree are some key factors that have contributed to the success of online MBA in the past years.

Online Global MBA: Online global MBA is a type of online MBA that was launched to fulfill the dream of “study an MBA abroad” for many individuals. This management program is designed by incorporating global business trends based on the International Industry Standards. Numerous domestic & international universities are offering this online program within 1-2 years at a relatively high fee.

Online Executive MBA: Online executive MBA or Online EMBA is a special MBA program introduced in the market for a special category of applicants, i.e., working professionals. This online management course covers all the latest & advanced level concepts that increase the efficiency of executives at their workplace. This special MBA program lasts for 12-18 months based on your choice of institution. A variety of specializations are offered in this category as well to help professionals opt for their preferred one as per their interests & experiences.

A few key differences between regular MBA, online MBA, online global MBA, & online EMBA are listed in the table below.

Online MBA Dual Specialization Eligibility & Duration

To apply for the online dual MBA specialization program, one needs to have these minimum eligibility requirements:

• Graduation or equivalent from a UGC-recognized university.
• Graduate candidates belonging to any stream can apply for this dual degree program.
• Working professionals who want to get a hike in their career are also encouraged to apply for the same.
• Prior work experience is preferred but not mandated for this program.

Online MBA Dual Specialization Duration

This online MBA dual specialization program can be completed in 2 years, which is generally subdivided into 4 semesters of 6 months. Due to the online learning format, one can complete this dual degree program in an extended duration of 4 years. However, this extension is university-specific & cannot be generalized for all of them.

Skills Required for Online MBA Dual Specialization

If you are planning on joining an online dual MBA program, you must have some basic skills that will make you grasp the insights of this program at a better level. A few skills are listed below that will help you get 100% results post-completion of this program. 

• Interpersonal Skills: Since you are preparing for the corporate sector with an online dual MBA program, you must be equipped with good negotiating abilities, problem-solving, decision-making, verbal & non-verbal communication, and listening skills.
• Communication Skills: As a part of the management field, you should have effective communication skills that will convey your thoughts & ideas to your clients, colleagues, & employers.
• Leadership Skills: Learning a program is of no use if you are not able to use it on ground levels. An online MBA in dual specialization is meant to provide you with Leadership roles & for that you must have excellent team-handling skills. This will help you organize your work & people team in a better way & even help you complete all the project deadlines. 
• Entrepreneur skills: Running a business or starting one of your own requires a detailed understanding of the business field along with good analytical & decision-making skills. A sharp presence of mind would be highly beneficial for you if you are planning on marking your presence in the business industry with an online MBA dual specialization degree.

Is an Entrance Exam Conducted For an Online MBA Dual Specialization?

What’s the first thing that comes to your mind when you hear about an MBA? For most of us, it's CAT, a well-known & pretty tough common entrance exam that you need to crack to pursue an MBA. However, gone were those days & now you can surpass this exam phobia by enrolling in the online MBA in dual specialization.

Yes, you heard it right! No entrance exam is needed to enroll in this special online MBA course. However, at some universities, you might need to clear some screening tests like personal interviews, group discussions, entrance exams, etc. to get into this course. The entrance exams conducted by such universities may be specific or common ones as conducted for the regular MBA course. Thus, if you have performed well in any of the below-mentioned entrance exams, you can easily take up an online dual MBA program from your desired university.

Recommended Books

The above list of exams is quite common but is not easy at all! If you are planning to crack any of them, you need to get more focused & concentrated on your studies. In addition to a disciplined study schedule, you also need to have the right guidance & best study material for the exam preparation. Here is a list of some best-seller books of 2024 for the preparation of CAT that you must read during your preparation.

Online MBA Dual Specialization Admission Procedure

The admission process to take up this online program is university-specific, thus, if you are interested in enrolling in it, you must finalize a university first & check out the steps mentioned on the official university website. However, some general steps are common to most universities providing this course.

In most cases, to get admitted to universities for an online MBA dual specialization program, you need to follow the series of steps mentioned below.

• Visit the university's official website (the university to which you are willing to take admission).
• Fill out the application form to register as a new user and provide your information.
• Along with the application form and registration fees, submit the required set of documents.
• Next, submit your academic fee using one of the payment methods listed on the website, which in most cases includes possibilities for demand draughts, UPI payments, or net banking.
• You will eventually receive a confirmation email with your student enrollment number or student number.

Why Opt for an Education Loan for an Online MBA Dual Specialization Program?

In India, pursuing an MBA with a dual specialization is a popular choice among students looking to specialize in multiple fields of business. Nonetheless, the price of completing an MBA in India can be fairly high, particularly when taking into account a dual specialization. Students can choose from many education loan choices to aid in financing their studies.

In India, the majority of banks and financial organizations provide education loans to students enrolled in MBA programs and other higher education programs. These loans cover tuition fees, accommodation expenses, and other related costs. The bank's guidelines and the student's credit score will determine the loan's size and interest rate. Also, some banks provide unique educational loan packages with flexible repayment choices (Monthly EMI payments, etc) and lower interest rates for MBA programs in India.

Online MBA Dual Specialization Academic Fees

The academic fee for the MBA dual specialization program varies from university to university. So, we cannot define a fixed amount of fee for the dual MBA specialization program. 

Online MBA Dual Specialization Domestic Fee

The average tuition fee for the program ranges from Rs. 20,000 to Rs. 60,000 per semester. This fee package is quite affordable considering the impact it creates on your professional journey. Apart from this tuition fee, you might need to pay some additional amount such as GST charges, application fees, etc.

Online MBA Dual Specialization International Fee

Universities offering online MBA dual specialization have an international fee package starting between $1,000 to $1,500. Apart from this, you might be charged with some additional charges or get a relaxation in the fee based on your merit. All of these add-ons will be confirmed only after finalizing the university & visiting its official webpage for the latest updates.

Job Opportunities After Online MBA Dual Specialization

One can find a variety of lucrative job opportunities after the completion of the Online MBA Dual Specialization degree. Individuals can find job opportunities in almost every sector like the food industry, healthcare, IT, etc. There is always a need for management experts in every sector. So one can work at various managerial-level positions post-completion of the program.

The outstanding benefit that this dual degree provides is one can enter into 2 different expertise at the same time. If they cannot find opportunities in one kind of specialization job they can try out in the other specialization also.

Some job profiles at which one can work post-completion of the program are as follows:

Popular & Affordable Online MBA Dual Specialization Universities in India

Is Online MBA Dual Specialization Worth It?

Despite the dual expertise benefit, various reasons make this online dual specialization degree worth pursuing. By improving your knowledge and skills, this program helps you stand out in the job market. Also, it presents a variety of chances for career progression in multiple fields. By choosing to pursue this course, you can develop experience in two distinct areas of business, increasing your industry adaptability and marketability.

The in-demand skills like data analytics, digital marketing, strategic management, etc. that you gain through this online program make you a competent professional in today's business world. With a diversified range of online MBA dual specializations, you can choose courses that align with your interests and career goals, allowing for a more personalized learning experience. Knowledge of multiple majors via a one-degree program provides you with the opportunity to work with some top firms in the country.

Top Recruiters

The scope of an online MBA Dual Degree program is quite promising & offers a wide range of rewarding career opportunities. Even the top recruiters in the country look for business professionals who have mastered the multi-disciplines of the management domain. Technical business skills, team handling skills, decision-making skills, & strong communication skills are some of the add-ons that you learn from this program apart from the core business concepts that make you an industry-ready professional. With a minimum salary package of 4 LPA to a maximum range of 32 LPA, you can get placed at a satisfactory job with this online program.

There are various multinational companies (MNCs) present out there that are hiring for dual degree MBA graduates. Some of them are listed here: