Distance MBA - What, Why and How
Distance mode of education has gained popularity among the working professionals over the years. While MBA or Masters of Business Administration is a dream degree for many, not all MBA aspirants get opportunity to pursue full time programmes for varied reasons like full-time job commitments, financial constraints, locational disadvantages or poor scoring in MBA entrance exams like CAT, XAT, IIFT, SNAP etc. For such aspirants, Distance MBA brings ray of hope.
The major advantage of Distance MBA programmes is that the course can be pursued along with full time work, without hampering any professional commitments. Some students also tend to go for Masters in another discipline but decide to get an MBA degree alongside, without wasting 2 more years.
The Distance MBA programme, tailored by the top players, not only helps students gain the sought after degree, but also help them climb up the corporate ladder with fresh managerial knowledge and skill set. This article of Careers360 will bring to you the top reasons why you should go for Distance MBA and the pertinent factors you need to know.
What does Distance MBA programmes teach you?
Along with the management theories, Distance MBA programmes instil in you the qualities of leadership, discipline and balance which you can apply in your day to day life, including your workplace. The delivery mode being flexible in this programme, unless you ensure discipline and work-study balance, you would not be able to garner the benefits of the programme.
As far as the courses taught in the Distance MBA programmes are concerned, it is similar to the regular management programmes. Distance MBA programmes are composed courses meant to equip students for management and other leadership positions in the corporate world. Most of the courses enable students with business administration skills through case studies or research. The courses offered in today’s distance MBA programs are interdisciplinary, touching on a variety of interconnected areas.
Although the courses differ from programme to programme, the core courses generally include finance, accounting, management, marketing, global or international business, and technology. Following is the list of top course offered in Distance MBA programmes.
Why Distance MBA programmes?
Work while you learn – The main and most important reason why you should go for Distance MBA is that you can acquire the degree without having to quit your full time job. By going for the course, you not only increase your academic qualification, but your chance to excel at work places increases as well.
Convenient course delivery – The programmes are offered keeping in mind the convenience of the students. While some players, like IMT CDL offers online or video lectures and the study materials are also in online format, Symbiosis Center for Distance Learning (SCDL) sends books and other study materials to the students’ address. This also brings you freedom to choose the option that suits you best.
Flexible class schedule – If you have chosen the mode of classroom study, then it is up to you to choose the location and timings of the classroom. This way, your regular schedule is not hampered and you can complete your degree within the stipulated duration as well. In case you are not able to attend a particular class, you are sent study materials for the day via email.
Pocket Friendly – Compared to the regular and full time MBA programmes, Distance MBA fee is much lesser. The average fee for the Distance MBA programmes range from Rs. 20,000 to Rs. 1 lakh, while the full time MBA programmes cost no less than Rs. 5-6 lakh.
Technologically advanced pedagogy – The mode of delivery of the course mainly takes place through online video lectures or webinars, sending study materials through online mode or email. The assignments can also be submitted through online channels.
Fulfills your MBA dream – If you had aimed to pursue MBA or PGDM from a top B-School but could not do so due to other personal or professional commitments, fret not. Going for MBA through Distance Learning mode is the best option. As stated above, you can not only work while pursuing the course, upon completing the programme, you would rise up in your career as well. Moreover, you will earn the coveted MBA degree as well.
How to pursue Distance MBA programmes?
Now we will have a look at the factors on the basis of which you can take admission in a particular institute offering Distance MBA, such as Eligibility and selection criteria.
The basic eligibility criteria for the 2 year MBA programme is that the candidates should be graduates in any discipline. For opting for the Distance MBA programme, the candidates need to have minimum 3 years work experience. The exact eligibility criteria might vary from institute to institute, but the generic criteria would be the same.
Most of the institutes conduct their own entrance exams. Symbiosis Center for Distance Learning (SCDL) accepts the scores of the top MBA entrance exams like CAT, XAT, MAT, ATMA etc. On the other hand, NMIMS Global Access School for Continuing Education selects candidates on the basis of fulfilling the eligibility criteria only.
The Distance MBA programmes do not have a specific and time bound programme duration. The top institutes offering Distance MBA programmes offer 2 windows, of minimum duration and maximum duration. If you are not able to complete the course within the exact duration owing to personal or professional reasons, you have the flexibility to complete it according to your convenience. However, you have to make sure that you complete it within the maximum duration in order to obtain the degree.
The admission cycle is round the year. Generally, the institutes have multiple admissions cycle in a year, making it a round the year process. The following table brings to you the admission timelines of the top Distance MBA Institutes.
Since there is no particular admission timeline, you can choose the programme and institute that best suits your needs.
Stay tuned to bschool.careers360.com for more news on Distance MBA.
Title: Distance MBA – What, Why and How