Distance MBA Course - Fees, Duration, Syllabus, Subjects, Colleges, Job, and Salary
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Distance MBA Course - Fees, Duration, Syllabus, Subjects, Colleges, Job, and Salary

06 Nov,2020

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Distance MBA Course: Distance MBA is the correspondence model of a Masters of Business Administration course. It is a 2-year post-graduate program that can be extended to 4 years depending upon the Institute offering the course. The Distance MBA Course is useful for students as well as working professionals who want to take the course while continuing their careers.

An MBA degree is the most aspired degree in today’s competitive world. Every organization, be it government or private gives preference to an MBA professional. So this course is useful for the candidates who want to enhance their skills and knowledge and add new credentials to their resume.

The distance MBA training course can be taken by the candidates from the comforts of their homes as it provides a virtual model of studying. Also, the distance mode of the MBA program is much cheaper than the regular MBA courses so the candidates can afford the training easily.

A distance MBA professional becomes eligible for jobs in a variety of fields like finance, marketing, Event Management, Banks, and more. Since the distance MBA course is provided by accredited Institutions, the candidates can get jobs in reputed companies and earn handsome salaries.

Why is distance MBA Training Important?

A distance MBA training program is very useful for the development of skills and expertise in the candidates. The skills acquired in the distance program include Communication, Networking, Creative thinking, Analytical skills, and Problem-solving skills.

Digital transformation has led to a jump in the distance learning methods as the candidate can get access to the course program from the comforts of their home. Not everyone has the privilege to attend physical classroom sessions. The distance training in MBA proves advantageous to those individuals who cannot attend regular classroom sessions due to personal or financial reasons.

Distance MBA is a post-graduate management training program that can be either a degree or a diploma depending upon the University offering the course. MBA degrees are much in demand and reputed organizations prefer an MBA degree holder as their employee. Therefore working professionals who aim to add an MBA degree or diploma to their resume opt for the Distance MBA Courses.

The course fees for a regular MBA Course are very high and not everyone can afford it. So the distance MBA training is beneficial for those candidates who cannot afford a regular MBA course due to its high fee structure.

Distance MBA Duration:

Distance MBA is a postgraduate program in management and business administration. The distance MBA duration is 2 years and consists of 4 semesters.

The benefit of the distance MBA duration is that some universities offering the course allow the candidate to finish the course within a timespan of 4 years. There is no age bar in attending the distance MBA program and therefore many senior working professionals take the program.

So the distance MBA duration is flexible for some institutions and candidates have the liberty of completing the course program within 4 years. But for most of the Universities and colleges, the distance MBA duration is 2 years.

Distance MBA colleges:

There are many Distance MBA Courses that are accredited by the UGC or AICTE. These colleges may be under the jurisdiction of the state government or the Central government.

Some distance MBA colleges may also be stand-alone Institutions or managed by private bodies.

All these colleges offer MBA training through the correspondence method. The Study Material for the distance MBA course is designed by industry experts with wide knowledge and experience. Online interactive training sessions are offered by the distance MBA colleges through a flexible mode of training and this helps the candidate to gain expertise in the field of management studies.

Distance MBA admission:

The Distance MBA admission criteria vary from one institute to the other. The distance MBA training has a duration of 2 years which can be extended to a maximum of 4 years depending upon the university offering the program.

Some institutes conduct an entrance exam as a part of the eligibility criteria. Most of the colleges have the same eligibility criteria for distance MBA admission. The criteria for admission into a distance MBA training can be listed as follows:

  • Candidates must complete graduation from a recognized University.
  • Candidates must have work experience of 2 to 3 years. This criterion is not applicable to all colleges or Universities.
  •  Some institutes also accept scores of CAT, MAT, or XAT as a part of the eligibility process.
  • Entrance exams for the distance MBA course which is conducted by some of the colleges.
List of the top 10 distance MBA Colleges:

There are a large number of recognized Institutions that offer a distance MBA course. Most of these colleges have a Distance MBA duration of 2 years. However, the duration is flexible for some institutions where the distance MBA training can be completed within a time period of 4 years.

The distance MBA colleges have been approved by regulatory bodies like the UGC or AICTE. The curriculum for the Distance MBA Course in the top 10 colleges consists of well-designed modules and the training is imparted by subject matter experts. Besides the course fees for distance MBA colleges are affordable and much less than the regular courses which makes this, a highly recommended course.

The Top 10 Distance MBA Colleges:

No.

Name of the college

Courses offered 

Key details

1

Narsee Monjee Institute of Management Studies

Post Graduate Diploma Program in

  • Business Management

  • Marketing management

  • International trade

  • Banking and Finance

  • Supply chain management

All distance courses approved by UGC-DEC

The distance MBA program duration is 2 years.

2

Sikkim Manipal University

MBA program in different disciplines

MBA course duration is 2 years which can be extended to 4 years.

3

Indira Gandhi National Open University (IGNOU)

Post Graduate Diploma program in

  • Human resource management

  • Marketing Management

  • Financial management

MBA course duration is of 2 years 6 months which can be extended to 8 years

4

Symbiosis Centre for distance learning

Post Graduate Diploma Program in

  • Human Resource Management

  • Supply chain management

  • Export and Import Management

  • Customer Relationship Management

Interactive Online Training

Course duration 2 years which can be extended to 4 years

5

Amity University

Post Graduate Diploma Program in

  • Marketing Management

  • Financial Management

  • Information Technology

  • Retail Management

  • Human Resource Management

  • Export Management

  • Insurance management

The distance MBA program of 2 years and 4 semesters

6

Suresh Gyan Vihar University

MBA training in Marketing 

  • Operations and Production

  • Hospitality

  • International Marketing

UGC-DEB approved University

Distance MBA degree course has 22 specializations

7

Lovely Professional University

MBA course via distance learning

Offers both degree and Diploma programs

MBA duration 2 years which can be extended to 5 years.

8

MIT School of distance learning

Post Graduate Diploma Program in Energy management

Business administration

MBA course duration for 2 years.

The candidate should have a work experience of 3 to 5 years

9

Annamalai University

MBA program in

Grade A accredited by NAAC

MBA course duration is 2 years which can be extended to 7 years.

10

Institute of Management Technology- Centre of distance learning

Postgraduate Diploma Program in

The duration of the MBA course is 2 years

Distance MBA subjects:

The distance MBA course has a duration of 2 years and consists of 4 semesters. The course has been designed by industry professionals and helps the candidate to gain knowledge and skills in relevant areas.

Specialization of Distance Course:

  • Management 
  • Finance
  • Marketing and materials 
  • Information systems
  • Managerial economics
  • Quantitative analysis of marketing management
  • Managerial economics
  • Strategic management
  • Human Resource Management
  • Operations Management
  • Corporate finance
  • Research methods
  • Leadership skills
  • Entrepreneurship
  • Business economics         
  • Accounting methods

The distance MBA subjects have the following electives that the candidates can choose from depending upon the area of interest and the field that he or she wants to specialize in

  • Quality Management
  • International Business
  • Management of technology
  • Human resource management
  • Project management
  • Risk management
  • Infrastructure management
  • Laws of business and corporations
  • Understanding customer behavior
  • Innovation of service
  • Financial market
  • Financial planning
  • Methods of research
  • Corporate finance
Distance MBA Syllabus:

The distance MBA syllabus is designed by industry experts and consists of important subject matter that is necessary for the student to master the business administration course easily. The distance MBA syllabus is updated regularly to keep up with the latest trends in the industry.

Distance MBA syllabus helps the candidate to gain knowledge in the field of business administration and management and also get hands-on experience with projects and industry-based case studies. The syllabus has been approved by the UGC and improves the career graph of the students by adding new skills and expertise in the field of management.

A look into the distance MBA syllabus offered in different semesters:

Semester 1

Semester 2

Semester 3

Semester 4

Marketing Management

Business policy and Management

Strategic Management

Information Technology Management

Accounting

Human Resource Management

Electives 

Consumer behavior

Managerial economics

Business laws

Corporate Governance

Strategic marketing

Organizational behavior

Marketing management

Sales and distribution

Foreign trade and trade policy

Legal business environment

Financial Management

Industrial relations and labor welfare

Principles of insurance 

Analysis and communication

Production management

Electives

Quality management

Marketing Research methodology

Materials management

 

Security and portfolio management

Benefits and loss of Distance MBA:

MBA is the most sought-after course in today’s time and professionals from every field are interested in pursuing the course. The MBA course provides many advantages like good job prospects and a high salary. Since every individual wants their career to grow they enroll in the MBA program after graduation and post-graduation.

But it is not possible for everyone to take admission to the MBA course due to many issues. The candidate may not fulfill the merit criteria for admission to the course. Other reasons for not pursuing a regular MBA course include financial problems. The high course fees for an MBA make it unable for the aspirant to attend the MBA program.

Like many other training programs, there are benefits and loss of distance MBA. The MBA course is very helpful for working professionals as they can get promotions and a hike in salary after completion of the course. Also, the MBA Degree upgrades the resume of the candidate with new skills and areas of knowledge. This paves way for promising job prospects in reputed companies and enhances the career opportunities of the individual.

The distance MBA course proves extremely useful for the aspirants. The eligibility criteria for admission to the distance MBA course is minimum and the candidate need not worry if they do not get admission to a regular MBA course. The course fees are affordable than most of the regular courses and that is why most of the candidates can take the course without worrying about financial issues.

The other important reason for working professionals opting for the Distance Training MBA program is that they can continue their jobs while taking the training. The flexible schedules of Distance MBA allow the working professionals to take the course at their own pace without taking any break from their careers.

Benefits and loss of Distance MBA in details:

Benefits:

1. Affordable course fees: The regular MBA programs are overly expensive. All aspirants do not have the financial base for enrolling in an expensive course. The candidates who have already opted for the Regular MBA with a student’s loan have to pay the installments from their salary once they get jobs. So a major chunk of their salary goes into reimbursing the student loans. The Distance MBA programs are affordable and are within everyone’s reach when it comes to financial factors. Therefore most of the aspirants, be it a student or a working professional can enroll in the course without worrying about paying huge fees.

2. Flexible study schedule: The distance MBA saves the candidate’s time from visiting regular classrooms. The course timings are mostly self-paced with emphasis laid on online weekend classes. This helps the students and working professionals to take the course easily. Time and money which are crucial factors for commuting to physical classrooms are saved in distance MBA training. Since the course is self-paced with weekend online classroom sessions, it is helpful for the working professionals too.

3. The mode of training for distance MBA training is online: This is a more advanced method of studying in the era of digitalization. Most of the course materials are available online and even the assignments are held online. This makes the accessibility of the course materials easy and pocket-friendly for the students.

Loss:

1. Lack of networking facilities: The distance MBA is an online mode of studying and there is no interaction or group discussions between the students. The absence of networking and communication affects the students adversely as they do not get any industry exposure and are not updated about the latest trends in the market.

2. Lack of study schedule: Since the distance MBA course is online and self-paced the candidates need not follow a study schedule which is a necessary factor for the management training. There is no need for the candidate to follow a daily routine in studies and there are no fixed timings or dates for the exams.

3. Fewer job prospects: The distance course has far fewer job prospects than the regular MBA course. There are no campus interviews for the distance MBA program as top companies always prefer candidates who have completed the regular MBA course from reputed institutes. Also, the distance MBA does not fetch such high salaries as the regular MBA courses offered by reputed institutes.

A candidate who wants to pursue the training should first understand the benefits and loss of distance MBA before applying for the course.

Distance MBA fees:

The distance MBA fees are one of the chief reasons that many aspirants want to opt for the course.

Regular MBA courses have a very high fee structure while the fee structure for the correspondence MBA training is affordable and can be availed by everyone.

The distance MBA fees can be afforded by both students who do not have the financial abilities to pay huge amounts of fees for the management course as well as the working professionals who want to continue their jobs and support their families.

The candidate who wants to enroll in a distance MBA program should understand the fee structure of the colleges that offer the program and choose the college which is suitable for him or her.

The distance MBA fees for the different colleges offering the training vary from INR 50,000 to 2,00,000.  If we compare the distance course fees for an MBA with that of a regular course we find that there is a huge difference. The MBA fees for the regular courses vary from INR 5lac to INR 20lac which is a huge amount and cannot be afforded by everybody.

A look into the fee structure of the different Distance MBA colleges:

Serial Number

Distance MBA college

Fee structure

1

Narsee Monjee Institute of Management studies

INR 43,000K

2

Annamalai University

INR 35,000K

3

Indira Gandhi National Open University

INR 31,500K

4

Amity University

INR 1,00,000

5

Symbiosis Centre for distance learning

INR 37,000K

6

Institute Of Management technology

INR 88,000K

7

MIT School of distance learning

INR 62,000k

8

Suresh Gyan Vihar University

INR 84,000K

9

Lovely Professional University

INR 50,000K (approximately)

10

Sikkim Manipal University

INR 20,000 per semester

Job fields and Career profile of Distance MBA:

There are several job fields and career profiles of distance MBA training. The candidate becomes eligible for job options in reputed organizations with high salaries.

The distance MBA program is becoming important among the students as well as the working individuals because of its flexible course structure and affordable fees. Also, the availability of the course materials online makes the course a popular option among the aspirants.

The job fields and career profile of distance MBA paves way for opportunities for growth of an individual in the professional area. Several well-known companies recruit Distance MBA candidates in good positions with high fees. A candidate with a distance MBA degree can get salaries from INR 3,00,000 to INR 6,00,000 per annum depending upon the skills and knowledge.

Job fields of distance MBA:
  • Human Resource Manager
  • Business Development Manager
  • Operations Manager
  • Project Management
  • Accounts Manager
  • Finance Manager
  • Investment banker
  • Entrepreneur
  • Retail Manager
  • Data Scientist
  • Wealth management advisor
  • Insurance Advisor
  • Sales Manager
Career prospects of Distance MBA candidates:
  • Distance MBA graduates can get jobs both in government and private enterprises. Full-time government jobs are available for candidates in various domains like railways, banks, Airports. These candidates can also apply for the Civil Services examination like IAS, IPS, and IFS.
  • Distance MBA candidates can apply for jobs as Insurance executives or Investment bankers. Both these positions have high salary benefits and offer immense areas of growth.
  •  Candidates can apply for jobs as Management Consultants in well-known organizations. These candidates need to have problem-solving skills and offer innovative business ideas for ensuring the profitability of the organization.
  • The IT companies are always on the lookout for fresh MBA candidates. With a degree in computer technology, distance MBA candidates can apply for jobs in reputed IT companies like Infosys and Cognizant.
  • The candidates also have job options in the area of international marketing, Retail Management, Advertising agencies and Private equity management, Logistics and Supply chain Management and PSUs.
Summary:

The distance MBA is a very popular course among candidates who want to do a Postgraduate program in Management through the Online mode of studying. This course helps the candidate to gain the necessary skills and hands-on knowledge to enhance his career prospects and get well-paid jobs. The program is affordable and study materials are easily available online which makes it easy for both students and working professionals to enroll in the Distance MBA training course.

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