1. Which is more valuable “ Regular MBA or Executive MBA?
For a working professional where taking out time for daily chores
in itself is a head ache, regular MBA is seen to become a road block. For
working professionals, distance MBA to be studied at their own convenience is
obviously better. In terms of money, regular MBA is 4 times costlier than
distance MBA. Again distance MBA gets favored here. With the use of technology
in education, seminar and webinars in great
demand and the presence of internet everywhere; distance MBA grabs major
attention as compared to regular theoretical book learning approach of regular
MBA.
Both the degrees are valid for seeking higher jobs, be it in
private sector or in government (state or central both).
Both the MBA degrees carry almost the similar value; it depends
upon your time schedule and motivation levels which one would suit you better.
2. How much is the price difference between the two?
Distance MBA is almost 4 times cheaper than the regular MBA.
Also the cost of going to regular class and attending lectures, purchasing
books is reduced. Technically distance MBA is much cheaper than regular MBA.
3.Am I offered placement opportunities after my Distance MBA
degree?
Distance education MBA is a program which is designed keeping
working professionals in mind. That means a distance MBA program is most
suitable for people who are already working in a company. Although it is not
always the case, the program is equally popular among freshly graduates and
house wives. Most distance education MBA Universities don't offer any placement
to their students, although some universities like SMU, NMIMS, IMT etc
sometimes offer placement assistance to their students. IGNOU also has a campus
placement cell.
4.Can I opt for specializations within distance MBA?
Yes. All the specializations available under regular MBA are
available here also. Depending upon your interest and preferences you can chose
the one which suits you the best. Also, while choosing a specialization keep in
mind your work area and if you are planning for a switch, plan the
specialization accordingly.
5. Which are the best Universities for Distance MBA?
Tagging any University or College as the best in any field will
not be justified. While choosing a University keep in mind the following
factors and then opt for one.
- Approved by UGC-DEB Entitled for offering distance education courses
- Exams conduction on time
- Reasonable fee and higher return on investmen- Program
delivery method
- Platforms for lecture delivery
To name – ICFAI University, Annamalai University, Lovely
Professional University, Sikkim Manipal University, IGNOU are a few highly
looked for.
6.What entrance exams to be taken for Distance MBA?
Distance MBA admissions do not ask for specialized centralized
entrance tests like CAT or MAT. Usually the Universities conduct their own
entrance exam. Although having a score of any centralized exam also can be used
to get into the Universities, subject to their admission guidelines.
7. What impact does a distance MBA degree have on the salary?
The salary of an MBA depends upon many factors like experience,
type of job, location of the job, and company.
If you’re a fresher and searching a job in a metro city, you can
accept a salary ranging from INR 15,000/- to INR 25,000/-. Although, the
average salary of an experienced MBA professional in India is as high as INR
50,000/-. If you have been working earlier, you can easily expect a hike of
approx 30% on your previous salary. This is also subject to change depending
upon the market scenario and the company that you are working with.
8.Do I have to forego my job for pursuing a Distance MBA degree?
No. You can continue with your regular job along with this degree
and you can spend your weekends or the time that you can spare on daily basis
for your studies. Examination time, you might have to take leaves from office
to take the test, otherwise regular work can be done.
9.Is Job availability enhanced after the Distance MBA degree?
Having completing your MBA degree be it regular or distance, you
are adding an educational post graduation degree to your credits. Obviously
your market value goes up and the chances of getting higher level jobs
increases.
10. Do I remain eligible for Government jobs?
Yes. UGC-DEB Entitled clarified that degrees, diplomas, and certificates
awarded by universities and institutions, approved by UGC-DEB Entitled, should be
treated as corresponding degrees of regular institutions. That means a distance
MBA will be treated as good as a regular MBA for government jobs.
11. Am I eligible to pursue higher studies after my Distance MBA
degree?
All the higher education degrees that ask for a post graduation
are open for you to be pursued. Although, PGDM/PGDBA students are not eligible
to apply for Ph.D since Diploma courses are not eligible for Ph.D programs.
With Distance MBA degree you are eligible for this also.
12. Is PGDM equal to MBA?
Not all PGDM courses are considered equal to MBA. A PGDM is
considered equal to MBA if the institution offering PGDM has accreditation from
AIU (The Association of Indian Universities). Course wise, a PGDM and MBA is
equal but an MBA course has wider acceptance in both private and government
jobs.
Write your comment