Distance MBA, as the name suggests is a correspondence post-graduate management degree program whose duration is for 2 years. It’s a convenient and flexible approach, without necessarily attending the traditional on-campus classes. This program is one of the most pursued forms of study in recent times, especially for professionals as it allows students to complete the course remotely and as per their choice.
The basic eligibility criteria required to pursue a distance MBA include candidates having cleared their graduation in relevant subjects with a minimum aggregate score of 50% and above or an equivalent CGPA from a recognized university. Also, admissions to Distance MBA are similar to that of regular MBA courses where candidates are required to clear MBA Entrance Examinations such as SNAP, NMAT and MAH CET.
The average Course Fee ranges from INR 3,00,000 - 8,00,000. After completing the course candidates are placed across major conglomerates for positions such as Investment Banker, Credit Risk Managers and Project Managers with an Average Salary ranging between INR 10 LPA - 15 LPA.
Read More: Types of MBA
Table of Content
2.2 Who should Study Distance MBA?
- What are the Types of Distance MBA?
- What is the Eligibility Criteria for Distance MBA?
- Distance MBA Admission 2024
5.1 Entrance Exams
- What is the Syllabus for Distance MBA?
- Distance MBA: Course Comparison
- Popular Distance MBA Colleges
8.2 Private Colleges
Distance MBA: Course Highlights
Duration | 2 years |
Eligibility | Graduation across any stream with 50% aggregate score or equivalent CGPA |
Admission Process | Merit-based / Entrance Exams |
Entrance Exams | NMAT, MAT, CAT |
Course Fees (INR) | 3,00,000 - 8,00,000 |
Average Salary (INR) | 10 LPA - 15 LPA |
Top Recruiters | TCS IBM Morgan & Stanley JP Morgan Standard Chartered Deloitte |
Job Profiles |
Investment Banker, Credit Analyst, Project Manager and Financial Analyst |
What is Distance MBA?
Distance MBA is one of the most pursued management courses in India, owing to its convenience, affordability and flexibility. The comprehensive course structure of Distance MBA which has its lines from a regular MBA, makes it an easy and approachable program. Colleges offering Distance MBA such as IGNOU, Symbiosis Centre for Distance Learning and NMIMS Global Access School for Continuing Education are recognized by the UGC / AICET.
Admissions to Distance MBA is done on the basis of entrance exams such as MAH CAT and NMAT. However, the eligibility criteria for pursuing a Distance MBA include candidates having secured a minimum of 50% aggregate marks during their graduation. Also, distance MBA can be pursued across various specializations such as MBA Finance, MBA Marketing, MBA Human Resource, MBA Digital Marketing and other related subjects.
Why Study Distance MBA?
Some of the top reasons supporting the fact as to why should one study Distance MBA are listed below for your reference.
- Affordability: The fees that are quoted in a distance MBA course are comparatively lower than that of a regular MBA course. The regular MBA course fees usually start from INR 8,00,000 and can go up to as much as INR 30,00,000 depending on the institute from where one is pursuing.
- Flexibility: Distance MBA can be pursued online as per a candidate’s preference making it a flexible course to pursue.
- Promising Career: Like a regular MBA course, the salary offered after pursuing a Distance MBA also ranges from INR 10 LPA - 15 LPA.
- Develop Leadership Skills: Just like an MBA course, students pursuing a Distance MBA are well trained with professional attributes such as leadership skills, managerial and administrative skills.
Also Read: Salary after MBA
Who Should Study Distance MBA?
Distance MBA can be pursued by anyone willing to make their career in the management field. However, some of the other factors stating as to who can pursue the course are listed below for your reference.
- Students who want to continue their education and job simultaneously are best suited for distance MBA programmes.
- Candidates who wish to study at their own pace but are unable to pay the high course fees can also benefit from MBA Distance courses.
- The ideal candidates for distance learning MBA programmes are those who wish to expand their networks or gain expertise in marketing, management, leadership, or development.
What are the Types of Distance MBA?
Some of the top forms or types of Distance MBA that can be taken up are tabulated below for your reference.
Type | Course Duration | Course Fees (INR) |
---|---|---|
PGDBA | 2 years | 25,00,000 |
Business Management Certificate Programme | 6 months | 2,45,000 |
PGDM / MBA | 2 years | 10,00,000 - 20,00,000 |
What is the Eligibility Criteria for Distance MBA?
The eligibility criteria for pursuing a Distance MBA course are listed below for your reference.
- Candidates must complete their graduation in relevant subjects with an average aggregate score of 50% or above or equivalent CGPA
- They must pursue their graduation from a recognized university/college
- After this, they are required to clear the entrance exams followed by GD / PI rounds depending on the institute they are willing to pursue the course from.
Distance MBA Admission 2024
For admissions to Distance MBA courses, there are entrance exams that are conducted followed by GD / PI rounds. However, there are colleges as well that enrol students on the basis of merit. IGNOU is one such example who enrol students on the basis of merit.
Also Check: MBA Entrance Exams
Entrance Exams
Some of the entrance exams along along with their crucial dates are tabulated below for your reference.
What is the Syllabus for Distance MBA?
The curriculum is broken up into four semesters. The core subjects and specializations of the distance MBA curriculum are included. Core subjects are the focus of the first two semesters, and candidates must select their specializations in the third and fourth semesters.
The table below lists the subjects covered in the distance MBA program.
Distance MBA: Semester I | |
---|---|
Principles and Practice of Management | Management Economics |
Organizational Behaviour | Business Law |
Management Accounting | |
Distance MBA: Semester II | |
Production/Operation Management | Financial Management |
Human Resource Management | Marketing Management |
Marketing Management | Management Information system |
Distance MBA: Semester III | |
Required Specialisation 1 | Required Specialisation 2 |
Required Specialisation 3 | Elective 1 |
Elective 2 | Elective 3 |
Distance MBA: Semester IV | |
Required Specialisation 4 | Required Specialisation 5 |
Project | Elective 4 |
Elective 5 | Elective 6 |
Distance MBA: Course Comparison
Some of the major differences between an MBA through Distance Education and an MBA are tabulated below based on various parameters.
Parameters | Distance MBA | Full-Time MBA |
---|---|---|
Overview & Introduction | A distance MBA program means the course content can be imparted without the physical presence of the candidate | An MBA program in which candidates are required to attend two academic years of full-time classwork. |
Delivery of Program | Online. Study material will either be sent via post or a soft copy will be delivered to the aspirants. | Offline and fixed schedule |
Principles of Teaching | There is a lot of flexibility in terms of exam schedule, selection of venue, and online submission of assignments. | There is a very tight and strict schedule for assignment submission, exam dates, and class participation. |
Time Commitment | 1-2 years depending on the college from where the aspirant is opting for the course. | The duration of a full-time MBA program is 2 years. |
Fees | INR 20,000 – INR 3,00,000 | INR 4,00,000 to INR 30,00,000 |
Admission Process | Via both Merit and Entrance Exam | Via both Merit and Entrance Exam |
Placement | Distance MBA placement is not available through the course and is now being accepted by the top recruiters India and abroad. | Placement is provided by top colleges. The placement package will be dependent on the candidate’s calibre and the B-school tier from where the candidate has pursued the course. |
What are the Popular Distance MBA Colleges?
India is home to a number of Distance MBA colleges both which are of private and government-owned. Tabulated below are some of the top colleges bifurcated in terms of government and private ownership.
Government Colleges
Name of the Colleges | Course Fees (INR) |
---|---|
Andhra University | 66,000 |
Delhi University | 20,000 |
IGNOU | 62,000 |
Guwahati University | 12,000 |
Institute of Insurance and Risk Management | 1,00,000 |
Tamil Nadu Open University | 25,000 |
Yashwantrao Chavan Maharashtra Open University | 10,000 |
Private Colleges
Name of the Colleges | Course Fees (INR) |
---|---|
All India Institute of Management Studies | 10,000 |
Indian Institute of Finance | 2,00,000 |
Indian Institute of Knowledge Management | 60,000 |
Symbiosis Centre for Distance Learning | 50,000 |
The Delhi School of Communication | 5,00,000 |
XLRI | 14,00,000 |
Distance MBA: Jobs & Salary
Post completing a degree in Distance MBA, candidates are placed across top multinational organizations with an average salary of INR 10 LPA - 15 LPA. They are placed across various designations such as Investment Bankers, Credit Analysts, Financial Analysts and Project Managers.
Tabulated below are the various job profiles along with their job descriptions and the average salary that are offered after pursuing a Distance MBA for your reference.
Job Profile | Job Description | Average Annual Salary (INR) |
---|---|---|
Investment Bankers | Investment bankers advise governments and enterprises on financial matters. They aid in their clients' fund-raising. This could entail setting up the sale of the business itself, negotiating the purchase of a competitor, issuing stock, or floating a bond. | 13 L - 20 L |
Financial Analysts | Financial Analysts are employed by banks, insurance corporations, pension funds, and other enterprises. Financial analysts offer guidance to people and businesses regarding the allocation of funds in order to generate profits. They evaluate the performance of bonds, stocks, and other investment kinds. | 14 L - 20 L |
Project Managers | Project managers supervise ongoing work on projects. They oversee work, interact with stakeholders in an efficient manner, and guarantee that the project is finished on schedule in its entirety. | 10 L - 14 L |
Credit Analysts | Credit Analysts examine their creditworthiness and investments to assess a borrower's possible risk to lenders and investors. While assessing a potential borrower's financial history, they go over financial statements and make use of ratios. | 15 L - 25 L |
Distance MBA: FAQs
Ques. Is Distance MBA considered by recruiters?
Ans. Yes, Distance MBA has an equal value to a regular MBA degree.
Ques. Can I opt for specializations in Distance MBA?
Ans. Yes, one can opt for specializations in Distance MBA. Several B Schools provide specializations in Finance, HR, etc.
Ques. Do IIMs provide Distance MBAs?
Ans. No, IIM does not provide a Distance MBA degree. What they provide are short-term career enhancement programs known as PGP.
Ques. Is pursuing a Distance MBA tough?
Ans. Pursuing MBA can be hectic or tough at times but after successful completion one can secure high-paying jobs, making an MBA one of the most famous post-graduate degrees.
Ques. What is the best University for Distance MBA?
Ans. Some of the best Universities for MBA Distance Education include IGNOU, LPU, and Symbiosis Centre for Distance Education.
Ques. Is it possible to get an MBA degree from a distance learning program?
Ans. MBA degree is available for Distance learning mode. Students will get a MBA degree from a distance learning program.
Ques. Which is better - A distance MBA from IMT Ghaziabad or from NMIMS?
Ans. IMT Ghaziabad and NMIMS are both good MBA Colleges in India. NMIMS has a better record as compared to IMT Ghaziabad.
Ques. Is a Distance MBA valuable?
Ans. MBA through distance mode has its share of value in India. Distance MBAs from IIMs are very valuable and provide a salary of more than INR 12,00,000.
Ques. Which is best for a distance learning MBA?
Ans. MBA Finance and MBA Marketing are some of the best MBA Programs available in MBA distance mode.
Ques. Which is a better distance MBA or a regular MBA?
Ans. Regular MBA is better than Distance MBA.
Ques. What is the scope of a distance MBA?
Ans. Distance MBA has a lot of scope since an MBA Distance Education from a good college holds a lot of value.
Ques. Is distance MBA valid for jobs?
Ans. Yes, of course. All jobs accept Distance MBA.
Ques. Is distance MBA valid for Canada PR?
Ans. Distance MBA is valid for Canada PR. The immigration department verifies the authenticity and genuineness of the qualification acquired through distance education.
Comments