What is the Scope of Distance MBA in India?
Distance MBA, as we all know, is an online or correspondence course in the MBA program. In such a program, the candidates are not required to go to the university and attend classes. Instead, the lectures, tutorials, and assignments are given via an online platform.
Although the syllabus is the same in a full-time MBA program and distance MBA, there is a difference in the quality of education in both. Unlike a full-time MBA course in a university, a distance MBA program does not have any infrastructure, and the Student-teacher interaction is minimal. So, the question that arises in the minds of the people is that do these things affect the career prospects of a candidate.
Let us look at various aspects of distance MBA viz career prospects in this blog-
Career prospects - After completing the distance MBA program, a candidate can find many job opportunities in fields like Finance, Marketing, Insurance, Human Resources, Accounting, Risk Management, etc. There is a huge variety of jobs for such candidates. These jobs range from the typical finance and marketing executive roles to the manager, corporate associate, portfolio manager, finance analyst, credit risk manager, HR manager, employee relation manager, brand managers, sales manager, digital media manager; also various positions in the world of advertising and market research.
A distance MBA degree in International Business can fetch jobs in foreign locations in import and export, shipping, consultancy, logistics, and international placement. An MBA degree will also give you a better opportunity in the field of Media and Communications.
Those who have a degree in Distance MBA from the best MBA distance university also have a number of job opportunities in the government sectors. They are equally eligible to apply for government jobs as full-time MBA graduates. Banks, Railways, Airport, PSUs, etc. look for MBA graduates for varied kinds of high-level posts.
One thing that aspiring candidates must keep in mind is that MBA in Operations through distance mode, however, is not recommended. This is because the course includes certain programs that require you to be physically present in the class. When you do not have experience in practical application, there is a decrease in job opportunities in the market. Distance MBA is useful in case of specialization in which practical applications are not required.
Return on Investment - With the surge in demand of MBA graduates across all industries, quite a number of MBA distance learning colleges offer placements to students while top-grade institutes have started to offer courses in distance MBA. Moreover, with intense competition in the market, the students must back up his distance MBA degree with a Diploma, Certificate, or other courses related to their specific field.
Distance MBA programs are more apt for working professionals and business leaders who want to improve business skills and managerial practices without having to take a break from work. If you are already working, then you can study at your own convenience. Flexibility in class timings, submitting assignments, appearing for exams, etc. help them efficiently manage work while learning the latest skills to advance in the fast-moving job market.