It is stated that there are many opportunities soon after acquiring a degree of MBA. Experts have undoubtedly confirmed this fact over time. The necessity of job focused education took importance as the value for money started to decrease resulting in a drastic price hike.
The transition period of 1998-2000 has led to major changes in the Indian economy. Price of commodities increased but the income for middle class people remained the same. When the need for more money occurred to major families in the country to meet the expenses of a month, the need for a job oriented education came to be important. This situation led many medium class families to send their children to job oriented courses whatever be the fees. They depended on loans from banks for education.
The victory of the first phase of introduction of job oriented courses triggered the emergence of many institutions across the country offering courses with career objective. There were more than foreseen joiners for the courses also in varied areas. However, the major segment that sustained in this area was MBA as the possibilities after studying such a course started increasing day after day.
Chronically, the applause for career focused MBA courses slowly started diverting to Online mode of studies. Soon, Online MBA got introduced with more specializations. This was more helpful for professionals also to seek higher studies or to add more qualifications to their existing post graduation. The mode of study emerged like a wild fire.
However, in the years to come it is presumed that the demand for online mode of studies especially in the area of MBA increases supported by even more job opportunities.