Distance learning programs for an MBA in finance are particularly beneficial since they allow students to continue working in their fields of employment. A graduate with a minimum GPA of 50% in any track is required for admission to the 2-year MBA Finance Distance programs. SOL DU, IGNOU, and ICFAI are just a few of the prominent institutions that provide an MBA in Finance through online learning (Agartala). Any business school in India that offers an MBA in Finance through distance learning has an average tuition rate that can range from INR 30,000 to 2,50,000 year. Students who complete their MBA Finance remotely often earn between INR 7,00,000 and INR 10,00,000. The most desired MBA specialty is thought to be in finance. Graduates should choose a distance-learning MBA in Finance if they are already employed or intend to enroll in a CFA or Financial Risk Management degree.""""""""
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Admissions for MBA Finance Distance Learning
The majority of the time, candidates are admitted to MBA distance education programs based on their performance on management tests like the CAT, MAT, XAT, and ATMA. However, a number of institutions, like IGNOU, hold their own entrance exam for enrollment in distance-learning MBA programs.
Even though the minimum requirement for admission to a business school, a 50% academic average in 10+2, is the same for almost all institutions, some colleges do have additional requirements for admission to an MBA in finance through distance learning. A valid CAT score or two or more years of work experience, for example (preferably in the same domain).
The following table provides the admission requirements for any top institution to pursue an MBA in Finance via remote education:
Distance MBA Finance Entrance Exams and Eligibility
|NMIMS Global||Mumbai||Bachelor’s degree in any discipline with 50% aggregate marks; At least 2 years of work experience|
|Indira Gandhi National Open University (IGNOU)||Delhi||50% marks in graduation (45% for reserved category); Minimum cut off in OPENMAT|
|Symbiosis Centre for Distance Learning (SCDL)||Pune||Graduation in any discipline from a UGC recognized university; Minimum test scores in – MAHCET, NMAT, XAT, etc.|
|School of Open Learning (DU SOL)||Delhi||Bachelor’s degree with at least 50% marks; A valid CAT score|
|Amity University||Noida||Graduate in any discipline from a recognized university|
MBA Finance Requires Distance Learning Skills
In addition to the requirements listed above, a candidate must demonstrate a particular set of competencies to advance to the Group Discussion and/or Personal Interview rounds.
|Management Experience||Problem-Solving Skills|
|Interpersonal Skills||Analytical Ability|
Finding out from applicants who have participated in the Group Discussion or PI rounds about their experiences will help you prepare for the interview sessions. An aspirant will be helped to move in the right route by this.
Top MBA distance learning institutions in India
Only a handful reputable institutions out of the 6200+ MBA-offering colleges offer the course via distance learning. Popular universities like XLRI and ISB have however also entered the list as a result of UGC-authorisation DEB's to provide MBA correspondence sessions. The top institutions that provide an MBA in Finance through distance learning are listed below, along with the degrees and programs they provide:
|College Name||Duration||Average Annual Fees (INR)||Degree(s) Offered|
|Narsee Monjee Institute of Management Studies (NMIMS)||1.5 years||2,50,000||PGD|
|Indira Gandhi National Open University (IGNOU)||2 to 5 years||32,000||MBA/PGDM|
|Symbiosis Centre for Distance Learning (SCDL)||2 years||50,000||PGD|
|ICFAI University, Directorate of Distance Education||1 – 2 years||65,500||MBA(2 years)/PGD(1 year)|
|IMT Centre for Distance Learning (IMT-CDL)||2 years||56,000||PGDP/PGD|
|All India Management Association (AIMA)||2 years||63,000||PGDM|
|Madurai Kamaraj University (MKU)||1 – 2 years||45,000||PGD(1 year)/MBA(2 years)|
In India, there are more than 6,000 business schools from which to choose for a distance MBA in Finance. IGNOU, Symbiosis Institute of Business Management, Lovely Professional University, and others are some of the well-liked options when choosing a college to pursue an MBA remotely.
The following are key highlights of earning an MBA in Finance via distance learning from one of these institutions:
IGNOU MBA Finance
IGNOU provides an MBA program in banking and finance. IGNOU also offers a PGD in Financial Markets Practice in addition to MBA Banking and Finance. An agreement between IGNOU and the Indian Institute of Banking and Finance (IIBF) led to the launch of the MBA Banking and Finance program, giving IIBF members a way to earn a postgraduate degree in banking and financial services. The MBA Banking and Finance program is made to specifically meet the needs of banking professionals who have earned the CAIIB certification. The existing banking professionals' managerial abilities and skills are improved as a result.
|Minimum Duration||2.5 Years|
|Maximum Duration||8 Years|
IGNOU MBA Finance Eligibility
The candidate must meet the requirements listed below and be a member of the Indian Institute of Bankers.
The student must have successfully completed the CAIIB exams at the Indian Institute of Bankers in Mumbai in order to receive the necessary certification or credentials from the organization.
The student should have spent at least two years working in the banking or financial services industry.
The student should be a recent university graduate.
IGNOU MBA Admissions 2023, please!
|Batch starts on||August 12, 2022|
|Mode||Blended and ODL|
|Eligibility||Bachelor degree or an equivalent degree recognized by Association of Indian Universities (AIU) with a minimum of 50% marks at Graduation Level. If it is less than 50% then the student must have 2 years of work experience.|
|Hiring Partners||Zar, Zalaris, Aviva, Bajaj electricals, Brimstone Creative|
|Job Roles||Financial Auditor, Financial Planning analyst, Accounts and Finance Manager, Investment Banking Analyst|
MBA Finance Online Education IIM
There are many courses offered by IIM that fall under the category of distance MBA. The distance MBA program is offered by IIMs under many names, including Post Graduate Programs, Certificate Programs, and Working Manager's Program. The costs range from 3,00,000 to 17,00,000 in Indian Rupees.
IIM offers a variety of Executive Management programs for mid- and senior-level working professionals. The students must attend a few classes on the weekends because these programs should not be mistaken with Distance MBA.
|College Name||Course Name||Total Fees (INR)|
|IIM Raipur||Post Graduate Program in Management for Working Executives||12,61,200|
|IIM Ranchi||Certificate Program in General Management||3,00,000|
|IIM Indore||General Management Program for Executives (GMPE)||3,50,000|
|IIM Lucknow||Working Managers’ Program (WMP)||13,55,000|
|IIM Ahmedabad||ePost Graduate Program (ePGP)||17,44,500|
Distance Learning for an MBA in Finance at LPU
A variety of UG and PG courses are offered by the LPUDDE, or Lovely Faculty of Distance Education.
The institute offers expertise in areas such as international business, human resource management, and finance.
A applicant must have a graduation average of at least 55% and submit scores from the CAT, LPUNEST, XAT, or CMAT in order to be considered for the program.
LPU is regarded for having a world-class placement cell. Several well-known employers at LPU are Amazon, IBM, Verizon, etc.
Madras University's MBA Finance
MBA in Financial Management is offered by Madras University on a self-supporting basis. At Madras University, there are 50 seats available for this mode of study. The following details the distance learning admissions process for the MBA in Finance at Madras University:
based on the TANCET Exam results of the candidates.
If there are more than six applicants for the category of foreign nationals and NRIs, the marks earned in their degree courses will be the deciding factor.
MBA from Annamalai University
Along with other UG and PG courses, Annamalai University's Directorate of Distance Education (AU DDE) offers an MBA in Finance via distance learning.
The university is situated in the Tamil Nadu city of Chidambaram.
Based on the admission exam that the university administers, students are enrolled in the course.
The annual course cost can reach INR 15,000 in total.
Through online registration, interested applicants may apply to any course provided by DDE, Annamalai University.
Distance MBA Finance Syllabus
The MBA Finance course syllabus combines classroom instruction with a hands-on component, such as industrial visits and case study evaluations. The MBA Finance (distance education) course syllabus resembles a regular MBA Finance course in most respects. The following list includes some of the course topics and electives that candidates can select based on their interests:
|Organizational Behaviour||Portfolio Management|
|Management Science||Financial Management|
|Business Communication||International Financial Management|
|Marketing Management||Financial Reporting|
|Information Technology Management||Commercial Banking|
|HR Management||Financial Risk Management|
|Marketing Research||Corporate Taxation|
|-||Indian Accounting Standards|
|-||Fixed Income Securities|
MBA Finance Online Employment
There are at least 20 specialisations created specifically for MBA programs, with MBA in Finance being the most popular option. The job titles available upon program completion are related to money and financial expertise because the subject revolves around financial principles like Management, Control, and Review of the Capital of Any Organization.
Working executives or aspiring business owners can use a distance MBA in finance to achieve their objectives and look for additional opportunities for growth within their respective companies. Following is a list of job titles for MBA in Finance graduates:
|Job Designation||Job Responsibility||Average Salary||Top Recruiting Companies|
|Financial Analyst||Improving the financial status of the company, aiding the company to gain profit, etc.||INR 4.5 LPA||J.P. Morgan, NVIDIA, Genpact, etc.|
|Finance Manager||Reviewing financial reports, monitoring accounts, preparing financial forecasts, etc.||INR 10 LPA||Godrej, HDFC Bank, ICICI Lombard, etc.|
|Chief Financial Officer||Managing the company’s finances and financial reporting||INR 20 LPA||Meru, Vedanta Ltd., Easemytrip.com, etc.|
|Finance Controller||Accounting operations, production of periodic financial reports, maintaining a record of accounts||INR 12.6 LPA||Accenture, Muthoot Finance, Oracle, Bajaj Allianz, etc.|
|Operations Manager||Ensuring the smooth functioning of the organization, working with the operations department of the company, etc.||INR 7.8 LPA||Zomato, PVR Ltd., etc.|
We can assume that the future prospects of an MBA in Finance graduate are quite good given the rise in financial intelligence among entrepreneurs and foreign companies investing in Indian businesses.
A graduate of the MBA Finance program can pursue additional professional degree programs like a project management certificate or a financial risk management certificate, even though the majority of MBA Finance graduates choose not to continue their education.
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