ALTERNATE LEARNING MBA | ONLINE EDUCATION

DISTANCE LEARNING MBA

The Master of Business Administration (MBA) has become a popular course for those planning to move up the management ladder in the corporate world. Every year, a large number of students and professionals follow this course in various specializations to have a successful career.

What makes this course even more sought after is the fact that it can be followed regularly, through distance learning or online. The regular MBA course is a two-year curriculum and students who aspire to an MBA course generally attend regular classroom sessions. On the other hand, the distance or correspondence MBA curriculum does not require students to attend classes regularly. This makes the course even more desirable for all working professionals who want to earn an MBA even after maintaining stability on the job front.


Eligibility criteria for distance education in MBA

Eligibility factors for pursuing distance MBA courses in India vary from institute to institute. In distance MBA, the candidate has the flexibility to complete the two-year curriculum within four years.

Here are some of the eligibility criteria:

• The applicant should have completed their graduation degree at any of the recognized universities.
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• For all professionals working toward the goal of obtaining an MBA, work experience may be desired. However, it is not mandatory.
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• Anyone wishing to pursue distance learning in an MBA must have appeared for any of the MBA entrance exams, including CAT, MAT, CMAT, ATMA or XAT and have a valid scorecard.
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• Some institutions are known to take their own entrance exam for student admission

Advantages of distance / correspondence MBA

Here are a few reasons that make Distance MBA a desirable way to study management:

• Anyone can opt for a distance MBA: Unlike the regular MBA, distance or correspondence MBA courses in India can be taken by recent graduates and experienced professionals.
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• Improving skills: The MBA degree is now one of the qualifications that help you succeed in your professional life. With distance learning in MBA, one can equip himself with the latest tools, techniques, technology, etc., today and even in the future.
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• Time management: the distance or correspondence MBA course enables the applicant to study efficiently without giving up the essential responsibilities of life. As this study method lacks any kind of classroom teaching session, the distance MBA courses in India impart enough flexibility to the participants so that they can use the time to study at their convenience.
• Cost Effectiveness: The Distance or Correspondence Education MBA is an affordable course for students as there is no classroom instruction.

Most Popular Colleges for MBA Distance Learning in India

Some of the educations institutions in India that impart distance MBA courses are the following:

• Symbiosis Distance Learning MBA
• IGNOU Distance Learning
• ICFAI Distance MBA Education

Specialisations in Distance MBA

All those aspirants who wish to pursue MBA distance

learning can take up the following specialisation. Besides the

core subjects, it offers some special subjects as well to all aspirants.

• MBA Finance
• MBA HR
• MBA Marketing
• MBA IT
• Healthcare and Hospital
• Logistics and Supply Chain Management
• International Business
• Retail
• Import and Export
• General Management
• Corporate Management
• Agriculture Business Management
• Hospital Management 

Colleges imparting Distance MBA: Course and average fee

Distance MBA Colleges	Average Fees	Degrees offered
NMIMS School of Business Management- Mumbai (Narsee Monjee), Global Access School for Continuing Education (NGA-SCE)	Rs 83,000	PGD
Institute of Management Technology, Nagpur, Centre for Distance Learning	Rs 88,000	PGDP/PGD
Symbiosis Centre for Distance Learning, Kolkata and Ghaziabad	Rs 30,000 to Rs 37,000	PGD
Directorate of Distance Education, Sikkim Manipal University	Rs 80,000	MBA
IGNOU - Indira Gandhi National Open University MBA/PGDM	Rs 31,500	MBA/PGDM/PGD
Prin. L. N. Welingkar Institute of Management Development and Research - Online Distance Learning Center MBA/PGDM	Rs 61,000	PGDM
Amity University, (Distance Learning)	Rs. 1.51 lakh	MBA, Master of Financial Management and PGD
Institute of Chartered Financial Analysts of India University (ICFAI)	Rs 65,000-75,000	MBA/PGD
Annamalai University (Distance Education), Tamil Nadu	Rs 57,050	MBA

Distance MBA subjects

The programme is divided into four semesters. Distance

MBA subjects/syllabus comprises of core subjects and

specialisations. The first two semester focuses on core

subject while in the third and fourth-semester candidates

need to choose specializations. Candidates can refer to the

table below to know the subjects taught in distance MBA.

 

Semester I
Principles and Practice of Management	Management Economics
Organisational Behaviour	Business Law
Management Accounting	-

Semester II
Production/Operation Management	Financial Management
Human Resource Management	Marketing Management
Marketing Management	Management Information system

Semester III
Required Specialisation 1	Required Specialisation 2
Required Specialisation 3	Elective 1
Elective 2	Elective 3

Semester IV
Required Specialisation 4	Required Specialisation 5
Project	Elective 4
Elective 5	Elective 6

Top Companies
Wipro	Vodafone
Axis Bank	IBM
Hindustan Unilever	Hindustan Unilever
Capgemini	TCS
HDFC Bank	Bosch Ltd
Tata Sky	Jindal Steel and Power
HCL	Accenture

Job Role	Average Salary
Corporate Associate	Rs 2.67-10.71 LPA
Portfolio Manager	Upto Rs 3.50 LPA
Financial Analyst	Rs 2.06-9.35 LPA
Credit Risk Manager	Rs 4.95-27.69 LPA
Executive	Rs 1.43-4.69 LPA
Senior Executive	Rs 1.62-6.05 LPA

Career prospects in Distance MBA

After completion of distance MBA courses in India, an applicant can choose multiple opportunities within sectors such as Finance, Insurance, Marketing, Accounting, Human Resources, Risk Management, etc. Graduates pursuing an MBA can obtain jobs in positions such as finance executive, marketing executive, managerial roles, corporate associate, financial analyst, human resources manager, portfolio manager, credit risk manager, sales manager, employee relations manager, digital media manager, brand managers and various other roles in advertising and market research.

This course can also obtain overseas job roles within import as well as export, consulting, logistics, shipping, other international locations. Media and communications can be considered as another field in which an MBA holder can stay ahead. The government sector is also another field where students can be professionally placed. Railroads, banks, airports, and other power supply units also recruit MBA graduates for higher positions.