An MBA degree is a stepping stone to a door of career opportunities. As such, many candidates prepare for their GMAT/CAT/XAT exams from their college days or earlier to get the highest rank possible. Aspirants also rake sufficient experience for their MBA degree. However, not everyone can attend a college, along with their regular job, and circumstances may not allow them to quit it. That is where MBA distance courses come into play. The self-paced mode of such degrees allows more flexibility, allowing many aspirants to achieve their dream. Here is everything you need to know about distance management courses.
What is a Distance MBA Course?
MBA Distance course is a recognized program for those who want flexibility in their Masters of Business Administration degrees. Designed specifically for the aspirants who cannot attend a full-time in-class course, these degrees are part-time in nature. However, they can be full-time, depending on the chosen colleges. Some colleges that offer distance courses have scheduled classes in a week or a month, while some are pure self-study. A few colleges also have the option of combining offline and online correspondence MBA. Regardless of the mode, these courses allow one to learn at a pace that is comfortable to them.
Eligibility Criteria an MBA Distance Course
Like a regular MBA course, applicants need to have an undergraduate degree in any subject from a recognized university. In general, however, eligibility for online MBA courses vary from college to college. Some require minimum work experience, while some would consider entrance tests like GMAT, CAT, XAT, and MAT. A few other colleges may have customized entrance exams for their applicants. Here is a list of eligibility criteria for most distance MBA courses:
- Graduation from a recognized university with minimum 50% aggregate marks
- Valid scores in management entrance tests, either state or national level
- A minimum work experience is preferable
Distance MBA Course Admission
Most distance MBA courses require applicants to fill up an admission form online with requisite details. Along with the form, one would need to pay the registration fees, which varies from college to college. Some colleges will ask the applicant to upload a soft copy of the required documents, including letters of recommendation, entrance exam scores, and educational certificates. However, most universities ask for a hard copy sent via post.
MBA Distance Course Details
A typical MBA distance course is a 2-year degree with four semesters, not unlike a regular one. In essence, a correspondence course is no different from the in-class degree apart from the mode. However, the part-time nature of the course can sometimes limit the available specializations and subjects, depending on the university.
- Semester-wise subjects in distance MBA (subject to changes as per colleges)
Semester 1: Principles and Practice of Management
Management Economics
Management Accounting
Organizational Behaviour
Business Law
Semester 2: Financial Management
Marketing Management
Human Resources
Operation/Product Management
Management Information System
Semester 3: Specialization 1
Specialization 2
Specialization 3
Elective 1
Elective 2
Elective 3
Semester 4: Specialization 4
Specialization 5
Elective 4
Elective 5
Elective 6
Project
- Available Specializations for MBA Distance
Specialization subjects vary from college to college. However, the core subjects include finance, human resource, accounting, retail, marketing, etc. Some of the other specializations include:
- Logistics and Supply Chain Management
- Operations
- International Business
- Import and Export
- Corporate Management
- General Management
- Agriculture Business Management
- Hospital Management
- It and Systems
- Healthcare and Hospital
- The fee structure for distance MBA courses
Distance MBA courses, for the most part, are more affordable than regular degrees. As such, their fees may range between INR 50, 000 and 1.5 Lakhs. However, some colleges have a fee structure below INR 50, 000 as well. The exact amount depends on the chosen university.
Career Prospects for Distance MBA Course
After completing a distance course in the MBA, students are open to a sea of opportunities waiting for them. Those who have been working on the side can progress in their career in the company. Others can find jobs in sectors like marketing, accounting, human resources, risk management, insurance, etc. Graduates also have the option of working in government sectors like airports, banks, railways, etc., in high-level posts. Moreover, those specializing in international business or import and export have the opportunity to work overseas.
Some of the top companies hiring MBA graduates include Accenture, Wipro, Axis Bank, HCL, Tata Sky, Hindustan Unilever, Bosch, etc. Aside from these, MBA graduates can also find pivotal roles in various startups.
An MBA degree is a stepping stone to success for management aspirants. It can also help one to progress in their career into higher positions in a company. Distance MBA courses are helpful for those wanting to reach their goals while having the security of a job on the side.
