Distance/Correspondence MBA Course


Distance/Correspondence MBA | Course, Colleges, Scope, Career and Placement 

Distance (MBA) Masters of Business Administration is a 2-year postgraduate degree in Management Program via distance education mode (open and distance learning system). Distance MBA is a terminal and a professional degree that offers a prosperous career opportunity. The MBA degree is originated in the United States in the early 20th century when the country is industrialized and organisations sought scientific approaches to management. It is designed for individuals seeking to pursue higher education alongside their job.

Distance MBA program is imparted over a long distance with the help of modern technology and communication facilities. This program saves the opportunity cost that the candidates have to bear if he/she were unemployed for the one/two years when they are pursuing distance MBA. The main advantage of a distance MBA program is the flexibility it offers.

The Program is Available in Several Subjects Whose Material Focuses on:

➣ Commerce

➣ Management

➣ Economics related subjects

Programs usually include a thesis component or can even be exclusively research-based. The course strengthens the theoretical, analytical and applied knowledge base on Business Administration.

The Core Courses in A Distance MBA Program Cover Various Areas of Business Such as:

➣ Accounting

➣ Finance

➣ Marketing

➣ Human resources

➣ Operations

Course Highlights

Degree

Masters

Full Form

Distance Masters of Bachelor Administration

Duration

Course Duration of Distance MBA is 2 Years.

Age

No specific age limit

Minimum Percentage

50% from any recognized educational board

Subjects Required

An Honors or a Graduates degree recognized by UGC

Average Fees Incurred

INR 16,000 - 68,000 per annum

Similar Options of Study

MBA (Full-time), Executive MBA

Average Salary Offered

INR 6.59 L per annum

Eligibility Criteria for MBA Distance
  • Aspirants must possess an undergraduate degree in any discipline from a recognized university. Some colleges conduct their own entrance tests that have to be lucid by the aspirants.
  • Sometimes, minimum work experience is also taken into consideration. For example at Indira Gandhi National Open University (IGNOU), candidates need to have at least three years managerial or supervisory experience.
  • Score in the entrance tests (like Graduate Management Admission Test (GMAT), Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT) etc may or may not be considered. It depends upon the admission procedure of the college opted by the aspirants.
Admission Procedure:-
  • The candidates have to fill the application form online and the registration fee has to be paid which varies according to the university you choose. Later, the related documents have to be sent to the respective university by post.
  • The applicants should qualify the entrance exams conducted by Individual University or the ones which are being conducted at the National level i.e Common Admission Test (CAT), Management Aptitude Test (MAT), Xavier Aptitude Test (XAT) etc. The additional documents may include MBA letters of recommendation.
  • The procedure might vary for different universities. Generally, the following steps are involved:
  • Purchase the prospectus.
  • Do the registration.
  • Make the fee payment.
Syllabus and Subjects:

General Subjects for Distance Master of Business Administration:

Distance MBA Core Subjects:
  • Management Theory and Practice
  • Accounting and Financial Management
  • Marketing Management
  • Strategic Management
  • Human Resource Management
  • Corporate Finance
  • Research Methods
  • Management of Change
  • Leadership and Entrepreneurship
  • Business Economics
Elective subjects for Distance MBA:-
  • Management Accounting for Costs and Control
  • Financial Accounting
  • Current Developments in Accounting Thought
  • Accounting Systems and Processes
  • Financial Accounting 2
  • Auditing
  • Communication in Business
  • Business Economics
  • Corporate Finance
  • Financial Markets and Instruments
  • Investments Analysis
  • Financial Planning
  • Human Resource Management
  • Research Methods
  • International Human Resource Management
  • Advanced Studies in Industrial Relations
  • Strategic Human Resource Development
  • Organisational Behaviour
  • Training and Development Environment
  • ICT Project Management
  • IT Infrastructure Management PG
  • IT Management Issues
  • IT Risk Management
  • ICT Project Management
  • IT Management Issues
  • IT Risk Management
  • Business and Corporations Law
  • Management of Change
  • Managing for Sustainability
  • Customer Behaviour
  • Managing Project and Service Innovation
Specific specialization for Distance Master of Business Administration:

Various Electives and Subjects for Different Specializations are as Follows

Marketing

Information Technology

Human Resource Management

Finance

Managing Product and Service innovation

Systems Development Project Management

Human Resource Development

Corporate Finance

Consumer Behaviour

IT Risk Management

International Human Resource Management

Investment Analysis

Marketing Strategy

Marketing

Advanced Studies in Industrial Relations

Financial Planning

Global Marketing

IT Management Issues

Information Technology

Money and capital markets

Different kinds of Distance MBA are
Distance learning MBA:-
  • This program holds classes off-campus.
These programs can be offered in a number of various formats:
  1. Correspondence courses by postal mail or email
  2. Non-interactive broadcast video
  3. Pre-recorded video
  4. Live teleconference or video conference
  5. Offline or online computer courses
Two-year (Distance) MBA
  • This program normally takes place over two academic years (i.e. approximately 18 months of term time). Aspirants enter with a reasonable amount of prior real-world work experience so that they could cope up with their advanced syllabus.
  • The programme deals with an intensive, stimulating and challenging learning experience in the management discipline.
One-year (Distance) MBA:
  • This program focuses on experiential learning through real business cases, experience sharing, role plays etc.
Blended learning:-
  • This program combines distance learning with face-to-face instruction which typically targets working professionals who are unable to attend traditional part-time programs.
  • Earlier, in the correspondence system, the materials (including books and other extra materials) would be printed and delivered via post. But now, due to the rapid development of technology, the materials are delivered online.
Online Distance MBA:
  • This program uses the internet as the major key to learning. Audio and video aids are provided to the learners to ease the process.
Hybrid Distance MBA:
  • This program differs from distance MBA programs as it involves some on-campus elements in addition to the online content.
Renowned Colleges offering Distance MBA course:-
  • Indira Gandhi National Open University (IGNOU), New Delhi
  • Symbiosis International University (SIU), Pune
  • ICFAI Business School (IBS), Hyderabad
  • Sikkim Manipal University (SMU) East Sikkim
  • Dr Hari Singh Gour University (DHSGU), Madhya Pradesh
  • Annamalai University Distance Education, Delhi
  • Amity University, Distance and Online Education
  • Bharathidasan University (BU), Tiruchirappalli
  • Alagappa University Distance Education, Tamil Nadu
  • MIT School of Distance Education (MITSDE), Pune
Distance MBA Career Prospects

The career prospects of a distance MBA programs are immense in terms of career opportunities and scope. Aspirants have a scope to be an HR, Head in departments like operations, marketing, sales, supply chain and much more. Since there are more than 40 diverse directions in which applicant can build his/her career, it would be relevant to say that an individual has the opportunity to be a manager at every department of an organization, irrespective of the type of organization. Many juveniles also choose to become an entrepreneur to exercise their growth potential in the business world

Employment Areas for Distance MBA:
  • Business Consultancies
  • Brand & Marketing
  • Non-profit Organisations
  • Personal Business
  • Industrial Houses
  • Multinational Companies
  • Educational Institutes
  • Export Companies
  • Financial Organisations
  • Banks
Distance MBA Job Types:
  • Marketing Manager
  • Brand Manager
  • Card Payments Operations Head
  • Equity Research Analysts
  • HR Generalist Business Partner
  • Management Consultant
  • IT Services Marketing Head
  • Project Managers
  • Trade Finance Services
  • Risk Analytics
  • Wealth management
  • Branch Banking & Credit
  • Commercial Credit
  • Equity Research
  • Account Manager
Salary Packages offered by the prestigious companies for Distance Master of Business Administration

Company Name

Salary Offered per annum (approx)

Hero Motocorp

Rs 205,000 – Rs 505,000

Mahindra & Mahindra

Rs 258,000 – Rs 543,000

Maruti Suzuki

Rs 345,000 – Rs 1,245,300

Tata Motors

Rs 310,070 – Rs 1,285,000

Amazon

Rs 415,000 – Rs 930,000

Shell

Rs 376,000– Rs 1,125,000

Muthoot Finance

Rs 150,006 – Rs 432,600

Whirlpool

Rs 305,000 – Rs 930,000

Hindustan Unilever

Rs 380,000 – Rs 9370,000

SAIL

Rs 355,345 – Rs 1,446,588

Tips and Guidelines for successfully pursuing Distance MBA:

Mainly there are two steps in pursuing Distance MBA course first one is to choose the appropriate lyceum and the second stage is to successfully complete the course.

How To Choose The Right College?
  • Check the accreditation of the college. The college has to be accredited by the Distance Education Council (DEC) or All India Council for Technical Education (AICTE).  
  • Check the mode of delivery of content. Make sure that learners can learn comfortably.
  • Make sure that the course fee and other expenses are affordable.
  • Go through the Distance MBA syllabus and curriculum. Make sure that it matches your needs.
How to Effectively Complete Your Distance MBA?
  • The main advantage of doing a distance MBA is learning at your own pace. To do so, make a study plan and stick to it.
  • Candidates might have professional commitments to fulfil. Make sure that you can manage your time well.
  • Though the duration of the course is long, try to complete it within the stipulated time. Otherwise, the course will look like a burden to complete.
  • Use all the resources wisely. Applicants are provided with a lot of learning materials and resources. Make sure that you should get benefits from them in expanding knowledge and the level of understanding.

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Date: 23 Jan 2019

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