Top 10 Distance MBA Colleges in India

Distance MBA colleges offer the advantage of offering flexible MBA programs for candidates who need to Study along with their job. These programs allow students to earn their degrees online or by correspondence without attending classes in a campus setting. The duration of the course is 2 years and the eligibility criteria are similar to regular MBA programs. Accredited distance MBA colleges offer specializations in various fields such as marketing, finance, human resources, international business, etc.

Why study in distance MBA colleges? 

Distance learning MBA programs offer many benefits for those who want to study and handle work, family, or any other commitments simultaneously. Distance MBA degrees are very beneficial for career advancement in both government and private sectors. In addition, it also includes the following benefits:

1. Flexibility: One can study from the comfort of one’s home and at one’s convenient time.

2. Affordability: The Distance MBA program is more affordable than traditional MBA counterparts .

3. Employment Triggers: Students don’t have to quit their jobs to pursue MBA.

4. Time Management: With distance learning, students can manage their time effectively without risking their studies .

5. UGC-DEB accreditation: Recognized by the University Grants Commission of anyone in India.

6. Skills Management: The course integrates industry-relevant modules that build good managerial skills.

7 . Career advancement: An MBA degree can take you to higher positions.

8. Networking opportunities: The Distance MBA provides opportunities for networking.

9. Technology Introduction: Use of modern technology for lectures, material delivery and interactive sessions .

10. Global orientation: The Distance MBA provides an international view of business practices and strategies.

Top 10 Distance MBA Colleges in India 

Admission to MBA programs is generally merit-based, although some colleges may consider scores from entrance exams like Open MAT, XAT or MAT or relevant work experience. The average fees for these programs range from Rs 40,000 to Rs 75,000 per year.

Here is the Top 10 College for Distance MBA with eligibility, Specializations, fee, entrance exam and location 

1.Symbiosis Centre for Distance Learning, Pune 

• Eligibility Criteria:Candidates should also have passed Graduation (SC/ST/OBC ) with minimum 50% marks from a recognized university. 45% marks for SC/ST)
• Specializations: Post Graduate Diploma in Business Administration
• Fee: Rs 58,000
• Entrance Exam: No Entrance 
• Location: Pune, Maharashtra 

2. Narsee Monjee Institute of Management Studies, Mumbai (NMIMS) 

• Eligibility Criteria: Bachelor’s Degree in any discipline from any recognized University Minimum 50% marks in graduation 
• Specialization: Marketing, Digital Marketing, Applied Science, Operations & Supply Chain, Leadership & Strategy 
• Fee: INR 2.5 to 4 lakh 
• Entrance Exam: NMIMS will conduct self-entrance test or CAT score/score GMAT Scores/Scores GMAC will consider NMAT by score 
• Location: Mumbai, Maharashtra 

3. Shoolini, Himachal Pradesh 

• Eligibility Criteria: Bachelor’s Degree from a recognized University At least 50% marks in each graduate.
• Specializations: Marketing, Finance, Human Resources, Digital Marketing, Supply chain Management and Logistics, Data Sciences, Banking and Insurance.  
• Fee: Rs 90,000/Annum
• Entrance Exam: No specific entrance exam required, even through graduation marks Entry 
• Location: Solan, HP

4. IGNOU University, Delhi 

• Eligibility Criteria: Bachelor’s Degree in any discipline with 50% marks for General Category (Reserved Category for 45%) 
• Specializations: General, Banking & Finance, Financial Management, HR, Marketing, Operations Management
• Fees: Rs 62,000 
• Entrance Exam: IGNOU Openmat 
• Location: New Delhi 

5. Lovely Professional University (LPU)

• Eligibility Criteria : Bachelor’s Degree in any discipline 
• Specializations: Finance, Marketing Management, Human Resource Management, International Business, Data Science, Operations Management, Information Technology, Digital Marketing, Business Analytics
• Fee: Rs 15,500/Sem
• Entrance Exam: No Entrance
• Location: Punjab

6. Mangalayatan University 

• Eligibility Criteria: Bachelor’s degree in any discipline from a recognized university.
• Specializations: Finance, Marketing Management, Human Resource Management, International Business
• Fees: INR 32,000 per year.
• Entrance Exam: No Entrance Exam
• Location: Aligarh

7. Chandigarh University, Punjab

• Eligibility Criteria: Graduation from a recognized university. Graduates of recognized professional programmes like CA/ ICWA etc. are also eligible to apply.
• Specializations: Finance, Marketing Management, Human Resource Management, International Business
• Fees: INR 17,840/Semester
• Entrance Exam: No specific entrance exam, admission based on merit.
• Location: Hyderabad, Telangana.

8. Annamalai University

• Eligibility Criteria: Graduation in any discipline from a recognized university.
• Specializations: Business Analytics, Infrastructure Management, Dual specialization, Human Resource Management, Financial Management, Marketing Management, International Business Management
• Fees: INR 28,100 per year.
• Entrance Exam: TANCET
• Location: Annamalai Nagar, Tamil Nadu.

9. Swami Vivekanand Subharti University, Meerut

• Eligibility Criteria: Bachelor’s degree with at least 50% marks.
• Specializations: General, Financial Management, Marketing Management, Operations Management, Human Resource Management, Fashion Technology Management, Hospital Administration 
• Fees: INR 26,500 per year.
• Entrance Exam: No specific entrance exam required.
• Location: Meerut, UP

10. Pondicherry University

• Eligibility Criteria: Bachelor’s degree with 50% marks in any discipline from a recognized university.
• Specializations: Marketing, Finance, International Business, Human Resource Management, General, Hospital Management, Tourism, Operations & Supply Chain Management
• Fees: INR 40,000 to INR 75,000 (Total)
• Entrance Exam: No specific entrance exam required.
• Location: Pondicherry

Salary after Distance MBA

The salary trends for graduates from distance MBA colleges in India vary widely based on several factors such as the reputation of the institution, work experience, industry, and job role. However, recent data provides several useful insights.

For instance, graduates starting their careers after completing a distance MBA can expect salaries ranging from INR 2.5 LPA to INR 3.5 LPA. With a few years of experience, the salary can increase and as per PayScale, the average salery for distance MBA graduates is between INR 6 LPA to INR 8 LPA. For those who climb up the corporate ladder with substantial experience, the salary can be quite competitive. An MBA graduate in India may expect to make an average salary of INR 9,00,000 annually, which might increase to INR 16,00,000 annually over time.

Career prospects after Distance MBA

Completing a distance MBA program in India can unlock a plethora of career opportunities across various industries. Let’s take a look at the job prospects:

• Managerial Roles: Graduates are equipped to take on leadership positions, managing the operations of a department and driving the organization towards achieving its goals. 

• Human Resource Manager: As an HR Manager, you would design and implement HR strategies that align with business objectives, oversee employee relations, and foster a positive work culture. 

• Sales Manager: In this role, you would be responsible for devising sales strategies, setting targets, and supervising the sales team.

• Brand Manager: As a Brand Manager, you would be tasked with building and enhancing the reputation of the organization, devising strategies to improve its market presence, and driving brand growth. 

• Marketing Manager: As the Head of Marketing, you would be responsible for managing marketing campaigns, positioning products, and designing promotional strategies to increase sales. 

• Advertising Manager: In this role, you would collaborate with a team to develop advertising campaigns, manage budgets, and supervise advertising activities.

• Finance and Accounting: Graduates can explore opportunities in finance, such as accounting executive, corporate associate, portfolio manager, and other financial roles. 

• Risk Management and Insurance: Distance MBA holders can find roles in risk assessment, insurance policy strategizing, and management. 

• Operations Manager: As an Operations Manager, you would be responsible for overseeing the production and delivery of goods and services, ensuring optimal efficiency and quality. 

• Digital Media Manager: Managing online content, devising digital marketing strategies, and overseeing social media platforms are some of the responsibilities of a Digital Media Manager. 

• Government Sector: Distance MBA graduates have a range of opportunities in the public sector, including banks, railways, and other government organizations. 

Top companies hiring distance MBA graduates

The demand for distance MBA graduates is on the rise, and top companies across various sectors are recognizing the value they bring to the table. These companies offer great opportunities for distance MBA graduates to grow professionally and build a successful career. 

1. McKinsey & Company: McKinsey is a global management consulting firm that is known for its competitive salaries and dynamic work environment. The company hires MBA graduates for consulting roles, where they can work with some of the best talent in the industry.

2. Boston Consulting Group (BCG):BCG is one of the largest strategy consulting firms in the world and seeks out MBA graduates for their expertise in business strategy and operations. BCG offers a challenging and rewarding work environment that allows MBA graduates to hone their skills and reach their full potential.

3. Amazon: Amazon, the e-commerce giant, offers MBA graduates an opportunity to work in various roles, from IT to HR, marketing, and retail. The company provides a diverse and inclusive work environment that fosters innovation and growth.

4. Deloitte: Deloitte is a multinational professional services network that hires MBA graduates for various sectors, including retail, real estate, and technology. Deloitte offers excellent career prospects and an opportunity to work on complex projects that require innovative and strategic thinking.

5. Avendus Capital: Avendus Capital is a financial services firm that specializes in investment banking, wealth management, and alternative asset management. The firm hires MBA graduates for these roles and provides them with a challenging and rewarding work environment.

6. Deutsche Bank: Deutsche Bank is a leading global investment bank that recruits MBA graduates for roles in finance, investment, and banking services. The bank offers MBA graduates an opportunity to work on some of the most complex and challenging projects in the industry.

7. Accenture: Accenture is a global professional services company that offers management consulting, technology services, and outsourcing. The company hires MBA graduates for various roles that require strategic thinking, leadership skills, and the ability to drive business results.

8. Citi Bank: Citi Bank is a financial services company that is known for its investment banking, sales, and private banking services. The company hires MBA graduates for these roles and provides them with an opportunity to work in a challenging and dynamic environmenu.

9. JPMorgan Chase: JPMorgan Chase is the largest bank in the United States and offers opportunities in investment banking, sales, and private banking for MBA graduates. The bank provides MBA graduates with a challenging and dynamic work environment that allows them to grow professionally.

10. Google: Google is a company that specializes in Internet-related services and products. The company hires MBA graduates for roles in marketing, HR, and IT. Google offers a diverse and inclusive work environment that fosters innovation and creativity.

FAQs about Distance MBA

1. What is a distance MBA?

Ans: The Distance MBA program is an undergraduate degree in business administration that allows students to Study from home without Going to College. Those who live in remote areas or have jobs can apply to these flexible courses.

2. What are the eligibility criteria for a distance MBA?

Ans: To be eligible for a Distance MBA program, candidates must have a bachelor’s degree from a recognized university, with a minimum overall score of 50% or equivalent CGPA. 

3. How can I take admissions to distance MBA programs?

Ans: Admission to distance MBA programs is mostly based on merit. Some Colleges also Consider scores of entrance tests such as Open MAT, XAT, and MAT.

4.What is the duration of a distance MBA program? 

Ans: The duration of a distance MBA program is two years but there is flexibility to Complete this degree in 4-5 Years.

5. Are distance MBA degrees recognized?

Ans: Yes, Distance MBA programs offered by recognized institutions in India are valid and recognized by the University Grants Commission (UGC) and All India Council for Technical Education (AICTE). Distance MBA Degrees are Valid for any GOvt or Private jobs or for higher studies in the country.

6. Can I pursue a distance MBA while working?

Ans: Absolutely! Distance MBA programs are for working professionals who wish to maintain their jobs and want to pursue further education. These programs allow students to learn at their own pace and according to their own plan, helping to create a better balance between work and study.

7. What specializations are available in distance MBA programs?

Ans: Distance MBA programs include specializations in Finance, Marketing, Human Resources, International Business, and more. 

8.What is the average fee for a distance MBA in India?

Ans:The average fee for a distance MBA program in India ranges from INR 40,000 to INR 75,000 per year, although the exact fee may vary depending on the institution and specialization.

9.What is the average salary after completing a distance MBA?

Ans:The average salary for distance MBA graduates in India ranges from INR 10 LPA to INR 15 LPA, depending on the role and industry. 

10. Which are the top companies hiring distance MBA graduates?

Ans: Many top companies in India hire distant MBA graduates for various roles, including TCS, IBM, Morgan Stanley, JP Morgan, Standard Chartered, and Deloitte. These companies value the skills and knowledge that distance MBA graduates bring to the table and are eager to hire talented professionals.