MBA is in vogue. The trends in the job market point towards the ever shooting demand of this golden degree. Given the prevalent cut throat competition and the rat race for money and power, it’s natural for everyone to demand for more. If you are a working professional and still not an MBA, then what else is more desirable than getting the highly coveted MBA, on campus or off campus?
Masters of Business Administration is a tough degree and it’s not a cakewalk to get one. Especially if you are someone who cannot afford enough time to actually attend the classes and pursue a full time regular MBA, then Distance MBA is what you should go for.
With the soaring popularity of distance MBA, a plethora of Universities and Institutes have started offering Distance MBA. But you should be very cautious while choosing your Distance MBA institution, because there are institutes galore that are not recognized and yet claim to be so. Such institutes offer degrees that are not worth even the paper they are printed upon.
The students face a lot of queries when it comes to choosing a distance MBA. MBAUniverse.com brings the answers to some of the Frequently Asked Questions.
Q: How to choose among the various institutes present for Distance MBA?
A: There are many good institutes in the field of Distance MBA. To choose among these is a major task. Therefore, one can look upon certain aspects about the institutes which comprise of the following:
Ranking- Ranking of the institute plays a vital role as the rank increases the value of the program offered by the institute.
Recognition: Whether the institute is a recognized body or not, as it plays a vital role at the time of seeking a job. The institutes offering Distance MBA should be recognized by Distance Education Council (DEC).
Course Curriculum: Whether the present Curriculum is in hand to hand with the fast moving market needs.
Pedagogy: The mode of teaching of the institute. An aspirant likes to choose the institute which offers more options for the mode of teaching rather than just books. Various Distance institutes function online chats, e-learning, provide DVD’s, etc.
Fee structure: Fee structure can be an important aspect for many, so to keep an eye on it is a good move.
Q: What is the mode of teaching in Distance MBA course?
A: For teaching MBA through Distance learning mode, the institutes use various Education Technologies apart from the books given by the institute. There are online chats, e-learning, Virtual Classroom, Digital Library and many more Education Technologies are being increasingly encouraged by the various Distance Learning institutes. For example at SCDL, the institute makes use of various Technologies like Virtual Classrooms, Online Chat, e-learning to make education a pleasant experience for the distance learners.
Q: How much does a Distance MBA cost?
A: The cost incurred in pursuing Distancing Learning MBA is far lesser than it would take for a Full Time MBA program. However, the fee structure varies for different programs in different institutes. Have a look below at the fee structure for some of the prestigious Distance Learning MBA institutes:
IMT-CDL: Rs. 19,000 to Rs. 40,000
NMIMS: Rs 26,000 to Rs. 50,000
SCDL: Upto Rs. 25,000
AIMA: Rs. 9,000 to Rs. 22,000
IGNOU: Rs. 21,000
SMU-DE: Rs. 23,400
Q: How much relevance does Distance Learning have?
A: Distance MBA has advanced a lot in these days. Although people still do not compare Distance MBA at par with the Full Time MBA, the Education Technologies are playing a very vital role in filling the gap between a Regular MBA and a Distance Learning MBA. The proof being the increasing number of students enrolling for the courses each year. Let’s take a look at the number of students enrolling in Distance education in some key institutes:
NMIMS-SDL: Approx 5000 students every year
SCDL: 50-55 thousand students every year
Q: Is there a Entrance exam for Distance Learning MBA?
A: The norms of different institutes vary. Most of the institutes do not have an entrance test for Distance Learning Admissions. However, some of the institutes do conduct an entrance test for their admission process, such as:
IGNOU: To take admission in IGNOU, for management programmes, the student would have to undergo an OPENMAT entrance exam, held in IGNOU, twice a year.
IMT-CDL: Conducts an Admission Test.
Stay tuned to MBAUniverse.com for on Distance MBA.
