Many students dream of receiving a normal MBA degree on convocation day, but not everyone is fortunate enough to see this dream come true. Some candidates are unable to enrol in standard MBA programmes for a variety of reasons. The causes may include a lack of funds to invest in education, an inability to get a seat in MBA programmes, a demanding work schedule, and so on. Nothing, however, can prevent you from furthering your knowledge. Part-time MBA, Distance MBA, Online MBA, Executive MBA, and other types of MBAs are available for people who are unable to complete full-time MBA programmes. There is a significant distinction between a Full-time MBA and a Distance MBA. Both have entirely different teaching modules. The acceptance of the programmes in the business world varies as well. This article will focus on advantages of Distance MBA.
Why to choose distance MBA?
For experienced senior professionals considering an MBA education in another geographical location, the option of a full-time or part-time MBA programme may be ruled out because they would be well-established with a family at this point, and taking a year or two off from work or relocating to a new place would cause several disruptions.
Executive MBA programmes are expensive. You must also consider the added expenditures of travelling to the sessions. For many, this may not be an option.
Given that most other choices have been exhausted, a distance MBA programme would be the most feasible and cost-effective option for such individuals.
However, with the advent of online courses, distance MBA is no longer a distant or correspondence programme. Students and teachers can effortlessly interact from anywhere using the virtual class facility, allowing for smooth interactions. In other words, distance MBA is currently expanding into a variety of online, satellite, part-time, and executive MBA programmes tailored to specific professionals.
Objectives –
- Such a programme would save you the opportunity cost of being unemployed for the one/two years it would take to complete your full-time MBA.
- In the case of an international MBA school, the cost of a distance MBA programme is significantly lower than that of a full-time MBA. Tuition rates would be reduced, and you would save money on the cost of living in an international location as well as other connected charges.
- Most of these programmes feature a flexible timetable. It allows you to complete the course requirements while continuing with your professional obligations. If you need a break from work or for any other personal reason, your programme should typically accommodate you. For example, at UNC Kenan-Flagler Management School, you can finish the programme in as short as 18 months or as long as 36 months.
- It is feasible to continue with your programme even if you change your area or have to travel.
- You may put the business concepts you learn at work to use.
Distance MBA types –
Prior to the introduction of online MBA programmes, correspondence courses were common, with printed materials mailed to you. This would necessitate a significant amount of self-study on your part. In addition to the course material, various audio/video learning aids may be provided to facilitate the learning process. Finally, you’d be graded on assignments and tests. In India, this method of delivery is still in use.
Distance education delivery methods have been transformed by technological advancements. Distance MBA, also known as online MBA and hybrid MBA, is gaining popularity, with prestigious worldwide business schools providing these degrees. Hybrid MBA programmes differ from online MBA programmes in that they include some on-campus component (multiple immersion experiences) in addition to the online material delivery employed by online MBA programmes.
Advantages of MBA in distance learning mode –
Studying that is adaptable
What could be better than scheduling your studies and classes around your schedule? Although classes at a remote MBA are prefixed and follow a set schedule, you can reschedule any classes you have missed. Furthermore, taking semester examinations is entirely up to you. You can select a date, time, and location. You can register for any date that works for you. You can also choose to miss the exam in one year and retake it the next year.
It saves time and energy
Attending to college on a daily basis while also working full-time can be exhausting and stressful. Aside from overlapping academic and office schedules, it takes a significant amount of time and energy. In the case of a distance MBA programme, however, the situation is completely different. You can access the lectures at any time of day, and your time spent travelling to college can be spent studying or doing anything productive.
Technology-Enabled Learning
A virtual class is not a possibility at a traditional college. Yet, as previously said, a distance MBA requires you to study online in any case. You also do not need to be concerned about purchasing heavy books. The institute will give you with reading material as well as online notes that you may simply access. Several advancements in distance MBA have made it easier for students with the availability of current technologies.
Earn while you learn
Situations do not always fit our desires. As a result, concessions must be made. Many kids drop out of school to support their families or to make money. Yet, a distant MBA allows you to work while you study. Classes are typically held on weekends, evenings, or online, allowing students to work during the week and study on weekends.
Low price
Regular MBA programmes are generally expensive. Such large prices are not affordable for everyone. As a result, many students abandon the concept of taking an MBA degree due to a lack of finances to invest. However, distance MBA addresses this issue as well, as its prices are modest and affordable to anyone.
The distance MBA programme can help you grow in your job by broadening your knowledge base and providing you with business principles, problem solving abilities, and a greater comprehension of various business statements.
Choose a programme that can assist you in making this move if you are truly considering a job change. Recruiters might be interested in the brand name of the university or college.
