Best Distance MBA Programs (Distance MBA): Courses, Top Colleges and Fee

Best Distance MBA Programs (Distance MBA): Courses, Top Colleges and Fee

Edited By Himanshu Shekhar | Updated on Sep 14, 2021 03:45 PM IST | #MBA

Best Distance MBA programs - Recent times have seen the demand for an MBA degree skyrocket. An MBA equips you with the skills to solve business problems and has become crucial for career advancement in this day and age. This demand has led to the emergence of new variations in the traditional MBA program. One of the variations gaining traction is the ‘Distance MBA,’ which gives students an affordable and flexible option to learn the art of business management.

Best Distance MBA Programs (Distance MBA): Courses, Top Colleges and Fee
Best Distance MBA Programs (Distance MBA): Courses, Top Colleges and Fee

The ‘Distance MBA’ is an inexpensive option for those unable to pursue a full-time MBA. With comparably less academic rigor and an asynchronous learning methodology while giving you the essential management skills - the Distance MBA program can open up promising opportunities. This article aims to help you understand more about the program and inform you of the various institutes offering it.

Check Other MBA Degrees

Prerequisites for pursuing a Distance MBA

Criteria of eligibility for a Distance MBA

  • Graduation in any disciple from a recognized university

  • Required scores in entrance test relevant to that institute

  • 2-3 years of work experience is a bonus, but not necessary for application

The program is primarily aimed at working professionals unable to manage work with a full-time MBA, those looking to get a formal business education without breaking the bank, and women looking to restart their career front the comfort of their homes. Almost anyone meeting the above criteria can apply for a distance MBA.

Which university is best for MBA distance education?

Not all business schools currently offer distance programs. Here are some of the top distance MBA institutes:

  1. Narsee Monjee Institute of Management Studies (NMIMS): Ranked among the best in the country, the MBA programs that NMIMS offers are top class. An excellent distance learning program - you can expect nothing less than the best from this institute.

They are currently offering two-year PG diploma courses in-

  1. Symbiosis Centre for Distance Learning (SCDL): Aimed to help students pursue leadership positions in business environments, SCDL offers a well-designed PGDBA program. It includes six specializations -

Students have the added option of dual specialization.

  1. Annamalai University: A popular choice among the south Indians, Annamalai University is among the oldest in the country. They offer seven different distance MBA programs, including a ‘General MBA.’

The above are a few of the unique MBA specializations this renowned university offers. Additionally, a few of the specializations are offered in the Tamil medium of study. It is also one of the least expensive options!

  1. Amity University: One of the best private universities in the country, it offers distance education MBA in 14 different specializations. A few unique courses offered are-

However, the fee structure is relatively on the expensive side of the spectrum.

  1. Institute of Management Technology (IMT) - Centre for Distance Learning: Offering one of the best online MBA programs in the country, IMT is considered one of the best institutes in North India. Apart from the usual two-year PGDM, it also offers a one-year executive PG diploma with specializations in-

  • Financial Management

  • Operations

  • HR

  • Marketing

  • Information Systems.

  1. ICFAI University: A university that has been offering distance programs for decades now and has undoubtedly perfected its study material to suit self-study. They provide a long list of specializations to choose from, a few unique ones being-

  1. University of Madras: A university that has been around for more than a century and began accommodating distance learning students in 1981 - has one of the highest quality courses to offer.

  • Systems Management

  • Logistics & Supply Chain Management

A program in the above two specializations stands out in the University of Madras while being the cheapest among all the distance MBAs offered by reputed institutes.

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

  1. Indira Gandhi National Open University (IGNOU): With the largest alumni base and an excellent distance program - IGNOU is one of the most reputed colleges in India.

IGNOU offers specialization in the following-

  • HR Management

  • Marketing Management

  • Operations Management

  • Financial Management

  1. Chandigarh University: Providing well-organized and industry-centric programs, Chandigarh University is one of India’s well-known institutions. A one-year PG Diploma certificate is given if opting out of the degree after one year (i.e. after successfully completing the first two semesters). Placement support is offered. They offer specializations in-

  • Finance

  • Marketing

  • HR

  • International Business

You must ensure that the institute of your choice is recognized by the Distance Learning Authorities for your degree to be valid and accepted in the industry.

While the elite institutes of the country such as IIM Ahmedabad, IIM Indore, IIM Lucknow, FMS Delhi do offer distance MBA programs - they are expensive and demand a minimum of three years of work experience as prerequisites for admission. With atleast a few months of residence at their campus - these courses are also not completely distance MBA that can be pursued while working professionally. Hence these programs have not been listed above.

Summary

The Distance MBA program offers an inexpensive way to learn business management and nurture the leader within you. It is true that distance learning can be challenging and lacks the rigor that a traditional MBA gives you - but the program targets a special section of the student - those unable to afford or those looking to pick up business skills while continuing to work. It is important to carefully consider your commitment to doing an MBA and only then decide on whether you prefer doing a distance MBA.

You will also have to apply to job opportunities by yourself as most institutes do not offer placement supports after graduating with a Distance MBA degree. Networking can be impossible for those looking to pursue a distance education. But the core ideas behind a distance MBA is that - it is flexible and affordable.

Top MBA colleges by Location

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University of Essex, Colchester
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Questions related to MBA

Have a question related to MBA ?

A two-year MBA program in India typically costs between 10 lakh and 34 lakh, but this can vary significantly based on the institution, program type, and location. Government and state colleges generally have lower fees, ranging from 2 lakh to 6 lakh, while private and international institutions can charge considerably more.

Factors influencing MBA fees:

Institution Type: Government and state-funded institutions generally have lower fees compared to private and international universities.

Program Type: Full-time, part-time, and online MBA programs can have different fees.

Location: Costs can vary depending on the city and state.

Infrastructure and Facilities: Institutions with better facilities and programs like international immersion programs may charge higher fees.

Fee ranges for different categories:

IIMs: 20 lakh to 28 lakh.

Tier-1 Private Colleges: 15 lakh to 25 lakh.

Tier-2 Private Colleges: 8 lakh to 12 lakh.

Tier-3 / State Colleges: 2 lakh to 6 lakh.

Private Universities: Up to 34.60 lakh.

Government/State Colleges: 2,600 to 8.6 lakh.

Online/Distance MBA: 15,500 to 55,000 per semester.

Example MBA fees for specific institutions:

IIM Bangalore: 26.00 lakh.

ISB Hyderabad: 35 lakh (1-year MBA).

XLRI Jamshedpur: 25 lakh.

SPJIMR Mumbai: 20 lakh.

NMIMS Mumbai: 19 lakh.

GOOD LUCK!!!

Hii,

The IBS Executive MBA Program is great for working professionals because it offers a flexible schedule, allowing you to study while continuing your job. The program focuses on real-world business problems, which helps you apply what you learn directly to your work. You’ll learn from experienced faculty members and have the chance to network with other professionals from different industries, which can open up new career opportunities.

It’s designed to improve leadership skills, making it ideal for people looking to grow in management roles. You also get a chance to gain global exposure through international study trips and industry connections. The curriculum includes various specializations, so you can choose what aligns with your career goals, whether it’s marketing, finance, or something else. Plus, the degree is from a well-recognized institution, which adds value to your resume.

The best part is that the program understands your need for balance, so it’s structured to fit into your busy work life.

Hello Vedant,

Based on the available information, if your merit number is 940 for the B.Tech + MBA Tech program at NMIMS Mumbai , it is unlikely that you will secure admission. The competition for this program is intense, and the closing ranks are typically much lower.

Key Points:

  • Limited Seats: The B.Tech + MBA Tech program at NMIMS Mumbai has a limited number of seats, making the admission process highly competitive.

  • Merit-Based Selection: Admission is primarily based on merit, and candidates with higher merit numbers have a lower chance of securing a seat.

  • Alternative Options: If you are interested in pursuing this program, consider exploring other campuses of NMIMS or similar programs at different institutions.

For the most accurate and up-to-date information, please refer to the official NMIMS website or contact their admissions office directly.


I hope this answer helps you. If you have more queries, feel free to share your questions with us, and we will be happy to assist you.

Thank you, and I wish you all the best in your bright future.



Hii,

Here's the best MBA colleges in Bangalore (without CAT)

  • SIBM Bangalore (Symbiosis Institute of Business Management)

    • Accepted Exam: SNAP

    • Average Package: 10–11 LPA

    • Highest Package: 20+ LPA

  • NMIMS Bangalore (Narsee Monjee Institute of Management Studies)

    • Accepted Exam: NMAT

    • Average Package: 9–10 LPA

    • Highest Package: 19 LPA

  • JAGSoM (Jagdish Sheth School of Management, formerly IFIM)

    • Accepted Exams: GMAT, GRE, MAT, XAT, CMAT

    • Average Package: 10.5 LPA

    • Highest Package: 22 LPA

  • XIME Bangalore (Xavier Institute of Management and Entrepreneurship)

    • Accepted Exams: XAT, CMAT, MAT, ATMA

    • Average Package: 7 LPA

    • Highest Package: 16 LPA

  • Christ University, Bangalore

    • Accepted Exams: CUET (Christ Entrance), MAT, XAT, CMAT

    • Average Package: 6–7 LPA

    • Highest Package: 13 LPA

  • Indus Business Academy (IBA), Bangalore

    • Accepted Exams: MAT, XAT, CMAT, ATMA

    • Average Package: 6.9 LPA

    • Highest Package: 14 LPA

  • ISME (International School of Management Excellence)

    • Accepted Exams: MAT, CMAT, XAT

    • Average Package: 6 LPA

    • Highest Package: 13 LPA

Hello,

A 5-year integrated MBA is a program that combines both undergraduate and postgraduate studies in business management. After completing your 12th grade, you can join this program, which typically includes 3 years of undergraduate courses (like BBA or similar) followed by 2 years of MBA-level coursework.

This program is designed to save time by combining both degrees into one. It usually requires you to clear an entrance exam for admission. It’s a good option if you’re certain about pursuing an MBA and want a streamlined path.

Hope it helps !

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