FAQs Online MBA

What is the difference between an online MBA and an on-campus MBA?

Generally, there is no difference. MBA programmes typically require around two years of full-time study. Most MBA degrees are comprised of one year of core business classes, and one year of specialized study. The only difference between the majority of on-campus and online MBAs is where the classes take place. While on-campus programmes offer students time for discussion in person, online MBA programs use internet-based tools discussion forums, audio and video lessons, email and chat to facilitate interaction with faculty and fellow students.

Will my degree certificate indicate I completed an online MBA programme?

The degree certificate from Bharathiar University will not specifically mention that the MBA was earned online. However, the individual mark sheets for each semester will have the name MaxValue Online mentioned.

Is my degree recognised?

Yes! The degree you earn is awarded by Bharathiar University which is a government university, recognised by the UGC (Universities Grants Commission).

Is an Online MBA programme as effective as attending classes on campus?

Yes! We would say it is even more effective than attending classes in campus. Unlike in a classroom where it is possible for students to passively receive information, in an online classroom, one has to actively participate in the process. Active participation results in better learning. In addition, because the learner controls the pace, the time of study and the intensity of work, learning is more effective.

Unlike in the regular class room where the faculty has no idea if the students are learning (till an examination is conducted), the analytics software tells the student as well as the teacher how well the student is performing and hence faculty intervention and student self-correction is possible.

The other advantage is that audio and video lessons can be listened to again and again. Apart from this, the student can participate in discussion forums where hundreds of students come from different industries and locations unlike the regular MBA where the interaction is only with a given set of students from the same city or town. Several qualifications such as CA, ICWA and ACS are respected by employers in spite of the fact that they are earned without attending any face to face classes.

Will employers in India value this online MBA?

Most employers value a programme based on the comprehensiveness and the relevance of the curriculum, academic rigorousness of the programme, credibility of the assessment process and the nature of the degree granting institution. Most Indian employers already sponsor and encourage their employees to take correspondence and part-time programmes offered by well-known universities.

The degree for MaxValue's online MBA is offered by Bharathiar University which is a government university recognised by the Universities Grants Commission (UGC). Employers are also likely to appreciate the fact that the specialisations offered by MaxValue Online have immediate ROI (Return on investment) for the company.

Will this degree really make a difference in my career?

Like all professional degrees, if you take the programme seriously and complete all the exercises and assignments, an MBA programme of this standard will make lasting changes in your knowledge, understanding and managerial behavior.

The network of social and professional contacts you build during the programme and the assistance from our career centre, CareerzMax, will make a significant difference in terms of finding a better job opportunity. Of course, the actual benefits will vary depending upon your undergraduate degree, work experience and the level of general skills you have.

What is the difference between a correspondence programme and this online MBA programme?

MaxValue Online MBA has several advantages over the traditional correspondence courses. The curriculum offered by MaxValue Online is more academically rigorous and industry-relevant than most of the correspondence courses available. MaxValue also offers a wide range of specialisations that are not usually available in the correspondence formats. MaxValue Online MBA is interactive; you get constant feedback on your performance from faculty and fellow students. Unlike correspondence courses, you can raise a question and get it answered by a faculty within 48 hours. You can chat with your fellow students or mail them and discuss topics of common interests. You can study from anywhere and anytime and even with just your mobile phone. Unlike the correspondence courses, MaxValue Online offers audio and video lessons from well-known professors and leading industry experts. You can watch the videos and listen to the audio lessons repeatedly for better understanding. MaxValue also offers placement assistance to all the successful students.

Is this Online MBA equivalent to receiving a Master's degree?

Yes, this is a Master's degree by itself from a recognized university and NOT a diploma.

Will the Online MBA from MaxValue Online be considered for admission to PhD?

Yes, the online MBA is a Master's degree from Bharathiar University. Since Master's degree is a pre-requisite for a PhD, students are eligible to apply for the same.

FAQs on Online MBA Admissions

What are the admission deadlines?

You can enroll anytime of the year.

How do I apply?

You could download the application form from our web site, www.maxvalueonline.com, fill-in the form, get a demand draft for the fee for the first semester favouring ‘MaxValue Online' and call our customer service. MaxValue will arrange for certificate verification at your home or office and admission will be offered within 48 hours of verification.

How selective is your admissions process?

We believe that high quality education should not be denied to anyone who is desirous of acquiring knowledge. There are no entry requirements except that you have a recognised undergraduate degree in any discipline.

Who is eligible for this programme? What kind of educational background is required for admission?

You should have an undergraduate degree from a recognized university in India.

Is there an entrance test? What is the basis of selection?

There is no entrance test. The basis of selection is an undergraduate degree from a recognized university.

I am undergraduate student in the final year. Can I apply?

You will be given provisional admission and the actual enrollment will start only after you produce a degree certificate or a provisional certificate from a recognized institution.

My primary medium of education was not in English. Will I be able to cope with the language requirements of this online MBA programme?

If you need help with English language, you could enroll in our free, Foundation Module programme where you will be taught the Language Fundamentals, Business Mathematics & Statistics and Basic Accounting Principles to prepare you for the MBA courses.

Do I have to visit a study centre or your branch office or the University office for verification of my certificates?

No. You can enroll into the programme from the comfort of your home or office entirely online. Verification of certificates will be done by our representatives at the place of your choice.

How many students are allowed in a batch?

Our online MBA is structured for individual study with asynchronous methodology of learning. Hence we do not have a concept of a batch. You can, however participate in discussion forums and network with all students at any point in time.

What is Fast Track Application?

This refers to the online application and payment through a credit card. This process expedites the admission process.

What if I discontinue after my first semester and like to continue my programme after a year?

You can do that. Your admission is valid for 5 years.

Can I take a term off?

You can. Your admission is valid for 5 years.

FAQs on Online MBA Fee Structure

Can I pay in installments?

The programme fee can be paid in 4 installments, one at the beginning of each semester.

Are there any scholarships available?

Right now there are no scholarships available. However, educational loans are available from almost all the nationalized banks and some of the private banks.

Can I pay the fees online?

Yes. You can pay the fees online. MaxValue Online has a secure payment gateway that processes payments through all Master and Visa Cards.

Are educational loans available for the programme?

Educational loans are available from most nationalized banks and private banks.

Please click here to download the Certificate of Recognition for MaxValue Online from Bharathiar University. This Bonafide Certificate can be submitted as a document of validation for an educational loan in addition to the other required documents.

Will my employer reimburse my tuition cost?

Most employers have a policy on reimbursement of fees. Since you will receive a degree from a UGC recognized university, most employers will be open to reimbursement. Please check with the HR dept of your company for further details.

Will an online programme cost me more money than a brick and mortar school?

Other things being equal, an online programme is always less expensive than a brick and mortar programme.

FAQs on Online MBA Curriculum

What are the different specialisations available in MBA?

MaxValue Online MBA is available in all the functional specialisations such as:

• MBA in Marketing Management.
• MBA in Financial Management.
• MBA in Human Resources Management.
• MBA in Systems Management.

In addition to the above, the following specialisations tracks are available in various Industry Verticals.

• MBA in Retail Banking, Financial Services and Insurance.
• MBA in Information Technology Management and E-Business.
• MBA in Telecom Management.
• MBA in Media and Advertising Management.
• MBA in Health Care and Hospital Administration.
• MBA in Pharmaceutical Management.
• MBA in Manufacturing Management.
• MBA in International Business.

How often is your curriculum updated?

MaxValue will update the curriculum every 6 months and incorporate the latest trends and developments into the curriculum. The Industry Advisory Board will meet once in 6 months to perform this task.

What are 'Professional Certificates'?

In addition to the MBA degree you will earn at the end of the two years, Professional Certificates are the certificates and diplomas you will keep receiving as you keep completing courses in each semester. For instance, in the first semester, when you finish a course, say Marketing Management, you will receive a Single Subject Certificate in Marketing Management. Once you complete the entire first semester, you will receive a Diploma in General Management and so on.

What are the certificates and diplomas that are offered?

• When you complete each course in a semester, you earn a Single Subject Certificate.
• After the completion of Semester I, you will receive a Certificate in General Management.
• On completion of the first year, you will receive a Diploma in General Management.
• In the second year, once you complete 4 out of the 8 specialization courses, you will receive a Diploma in the given specialization. (e.g., Diploma in Telecom Management).
• At the end of the second year, you will receive a Postgraduate Certificate in the given specialization (e.g., PG Certificate in Telecom Management).
• At the end of the second year, based on the university examinations conducted after each semester, you will receive an MBA degree from the University.

Who offers these certifications?

These certificates are offered by MaxValue Online.

Do I have to pay anything extra for these certificates?

No. These certificates are offered free of cost.

What is the value of these certificates?

At the individual level, professional Certificates and diplomas act as positive reinforcement for your efforts. These certificates keep you motivated and urge you to continue the programme. From a career perspective, these certificates can serve as proof of additional qualifications you have acquired and will come in handy during your internal performance appraisals. In addition, the knowledge you gain will significantly improve your day to day performance on the job and helps you make sense of your work environment and respond to challenges in a better and more scientific manner. For some reason, if a few students discontinue the programme before the 2- year period, these certificates will cover the time they spent on the programme.

How many total credits are required?

The MaxValue Online MBA consists of 24 courses. A full credit course requires the student to spend about 30 hours (clock hours) of learning. This includes the time spent on reading, working on the various activities… etc. A half credit course requires the student to spend 15 hours.

How many courses do I take per semester?

In a semester, you will take 6 full-credit courses or its equivalent if half-credit courses are present. However, you will take these courses sequentially, focusing on just one course per month.

Is it possible to finish the course sooner?

Each course requires at least 30 hours of work. You could finish the course in a few days or a few weeks depending on the time and pace you are comfortable with

Do I have to follow a specific curriculum path or can I take whatever courses I want?

The programme is structured based on the specialization you choose and each semester has specific courses and they have to be taken in that order.

I haven't taken a Math course in years. Can I still succeed in the MaxValue Online?

If you feel that your Math is rusty, you can enroll in our free Foundation Module that covers the fundamentals of quantitative techniques. This is an optional course and you can do it at your own pace.

FAQs on Technology Requirements

The flexibility of the online program requires that your personal computing environment meets the hardware and software requirements listed below.

Students who may want to access course content from a computing system provided by their employer should be aware that many corporations have strict firewall and Internet security protocols in place. In addition, corporate policies sometimes prevent users from installing non-approved software that may be needed to access course content.

Please understand that such corporate security issues are an individual student's responsibility and should be resolved directly by the student with his or her corporate information technology support staff. MaxValue Online does not have jurisdiction over corporate information technology infrastructure and policies.

The following are the minimum technology requirements:

Minimum Hardware Requirements
• 512MB of RAM
• Broadband Connection (Minimum 112Kbps)
• Screen resolution of 1024 x 768 recommended
• Headphone / Speakers

Minimum Software Requirements
• Windows 2000/XP/Vista, or Linux or MAC
• Microsoft Internet Explorer 6.0+, or Mozilla Firefox 2.0+, or Google Chrome 1.5+, or Safari 3+, or Opera 9.1+
• Adobe Flash Player 8+
• Adobe Acrobat Reader

Mobile Requirements:
• All GPRS enabled Mobile

Online FAQs on Technology Requirements

The flexibility of the online program requires that your personal computing environment meets the hardware and software requirements listed below.

Students who may want to access course content from a computing system provided by their employer should be aware that many corporations have strict firewall and Internet security protocols in place. In addition, corporate policies sometimes prevent users from installing non-approved software that may be needed to access course content.

Please understand that such corporate security issues are an individual student's responsibility and should be resolved directly by the student with his or her corporate information technology support staff. MaxValue Online does not have jurisdiction over corporate information technology infrastructure and policies.

The following are the minimum technology requirements:

Minimum Hardware Requirements
• 512MB of RAM
• Broadband Connection (Minimum 112Kbps)
• Screen resolution of 1024 x 768 recommended
• Headphone / Speakers

Minimum Software Requirements
• Windows 2000/XP/Vista, or Linux or MAC
• Microsoft Internet Explorer 6.0+, or Mozilla Firefox 2.0+, or Google Chrome 1.5+, or Safari 3+, or Opera 9.1+
• Adobe Flash Player 8+
• Adobe Acrobat Reader

Mobile Requirements:
• All GPRS enabled Mobile

Online MBA students need regular access to a computer with Internet acces
MBA students need regular access to a computer with Internet acces

FAQs on Online MBA Faculty

Who are the faculty who teach courses at MaxValue Online?

The course content is written by expert faculty with several years of teaching experience in leading business schools. The audio and video lessons are from industry faculty with several years of practical experience in the industry as well as leading professors in well-known business schools. The industry faculty also moderate the discussion forums. Assessment is done by academic adjunct faculty for internal grading.

FAQs on Online MBA Placement

Will MaxValue Online assist students in getting placements?

Yes. We will make every effort to assist students in placements through our career centre, CareerzMax.

What do you mean by placement assistance?

CareerzMax offers professional career counseling to enrolled students. Our Placement Counselors will assess your aptitude using scientific assessment processes, provide you with custom-built career development tools and offer personal guidance to help you land the career that's just right for you. For all successful graduates, CareerzMax will arrange interviews with reputed companies. In addition, you will enjoy lifetime access to our career development services.

Does MaxValue Online assure placement for all the successful students?

No. MaxValue Online does not assure placements. MaxValue Online will find jobs for successful candidates on a best-efforts-basis.