Distance MBA in Finance: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

About Distance MBA in Finance

Distance learning MBA Finance courses are very beneficial as you can pursue your professional career while studying. The Distance MBA Finance is a two-year course and the basic qualification is that the student must complete 50% in any major.

It deals with the management of company accounts and finances in order to achieve specific financial goals. An MBA in finance prepares students with in-depth knowledge of pricing, wealth management, risk management, financial planning, and more. An MBA in Finance is the right career choice for students with sound financial and analytical skills and a deep understanding of financial models and the stock market.

The course is part of the MBA programs. The aim of the course is to develop analytical skills and problem-solving skills through a comprehensive understanding of financial management, investment analysis and risk management.

MBA Finance distance learning course is a must. efficient and effective money management to achieve organizational goals. This is a special management function. The MBA in Financial Management distance learning degree covers corporate finance, budgeting, international finance, and cost and working capital management.

Course Highlights of Distance MBA in Finance

Why Study Distance MBA in Finance?

The Distance MBA in Finance is beneficial for students who want to succeed in finance and advance their careers. According to expert reports, the banking and financial sector is expected to create jobs for 8.4 million people in the next 6 to 8 years. Among all other MBA programs, the Distance MBA Finance program offers the best job opportunities with great earnings:

1. The growth of the financial sector in India is around 8.5% per year. This means that an MBA in Finance in India offers great growth opportunities.

2. In the public and private sectors, the usefulness of financial analysts is very important. Finance is an industry that is not limited to any one particular industry but is very diverse. Responsible for maintaining cost and capital requirements for areas such as marketing, human resources, sales and operations, etc.

3. Boston Consulting Group, Bain & Company, JP Morgan Chase & Co, McKinsey & Co, Barclays, KPMG, State Bank of India and HDFC are top firms recruiting MBA finance graduates.

4. The roles in the financial process are constantly evolving and changing. Professionals in this discipline therefore have a high probability of further professional development in a short period of time.

5. A freshly graduated MBA Finance graduate from Tier 2 Business School can earn a salary from 6 INR LPA to 8 INR LPA.

Eligibility Criteria of Distance MBA in Finance

1. Applicants with a UG law degree and a certified bachelor’s degree from a law school in India with a minimum score of 55% are eligible to apply.

2. If someone wants to do distance learning after an MBA in financial management, they can do a PhD. Course. 

3. MBA Finance Management distance learning can be a real challenge. can be obtained by anyone with a bachelor's degree from a university.

Admission Process of Distance MBA in Finance

A 50% BBA degree is required for admission to the two-year MBA financial management program. Universities organize and validate the following entrance exams: CAT/XAT/CMAT for admission to the MBA financial management program.

1. Applicants can apply for the MBA in Financial Management Distance Learning. The recruitment process is based on entrance exams.

2. Applicants are eligible to apply for admission to the MBA Distance Learning Financial Management course through the Symbiosis Center for Distance Learning (SCDL).

3. Students can enroll in the distance learning MBA in Financial Management program organized by the IMT Center for Distance Learning (IMT-CDL).

4. Candidates can apply for admission to the MBA Finance Management degree program organized by ICFAI University, Directorate of Distance Education.

5. IGNOU offers an MBA in Financial Management via distance learning. Admission to MBA Finance Management 2023 started with IGNOU.

Skills Required for Distance MBA in Finance

Students pursuing Distance MBA in Finance require a combination of academic and practical skills to be successful in their careers. Below are the skills you need to learn to become the best MBA finance graduate.

Entrance Exams for Distance MBA in Finance

Admission to the Distance MBA Finance includes entrance exams at the national, state and institutional levels. Popular MBA Finance Entrance Exams are listed below with details on how to apply:

Course Comparison of Distance MBA in Finance

Top Colleges of Distance MBA in Finance

Of the more than 6,200 universities that offer an MBA, only a few reputable institutions offer distance learning. However, after receiving the UGC-DEB approval to award MBA distance learning courses, popular institutions such as XLRI and ISB have also joined the list. The top institutions offering a distance MBA in Finance are listed below along with the degrees/programs on offer:

There are over 6,000 B-schools in India where you can get MBA in Finance. Some of the most popular options when choosing a college for a distance MBA are: IGNOU, Symbiosis Institute of Business Management, Lovely Professional University, etc.

Below are highlights of earning an MBA in finance through distance learning from one of these institutions:

MBA Finance in IGNOU

IGNOU offers an MBA in Banking and Finance. In addition to the MBA in Banking and Finance, IGNOU also offers the PGD Financial Markets Practice. The Banking and Finance MBA was created following an agreement between IGNOU and the Indian Institute of Banking and Finance (IIBF) to provide IIBF members with the opportunity to pursue postgraduate academic degrees in banking and financial services. The MBA Banking and Finance is tailored to the unique needs of CAIIB certified banking professionals and helps to enhance the managerial skills and abilities of banking professionals.

Eligibility: Applicant must be a member of the Indian Institute of Bankers and meet the following requirements:

1. The student must pass the CAIIB exams at the Indian Institute of Bankers, Mumbai and obtain the qualifications/certificates required by the institution.

2. The student must have at least two years of professional experience in the banking or financial services sector.

3. The student must be a graduate of an accredited university.

More about IGNOU

MBA Finance in NMIMS Global

NMIMS Global offers a two-year blended-mode MBA and ODL course. Imparts knowledge of the basics of finance, accounting, auditing and capital management. Deepens the concepts of financial analysis, cost accounting, managerial accounting and their impact on the overall decision-making process.

More About NMIMS Global

MBA Finance Distance Learning in IIM

The IIM offers various courses that can be classified as distance learning MBA. IIMs offer distance learning MBAs under different names, e.g., B. as graduate programs, certificate programs or corporate management programs. Fees range from INR 3,00,000 to 17,00,000.

Various executive management programs are available at IIM for middle and senior level professionals. These programs are not to be confused with the MBA distance learning program, so students are required to take multiple courses on the weekends.

MBA Finance in Distance from LPU

LPUDDE or Fine Faculty of Distance Education offers various UG and PG courses.

1.     LPU is ranked 38th among the best business management schools in India.

2.     The institute offers specializations in finance, human resource management, international trade, etc.

3.     To be eligible for the program, a candidate must achieve at least 55% of undergraduate grades and submit their grades on the CAT/LPUNEST/XAT or CMAT placement test. The

4.     LPU is known for its famous distribution cell. Popular recruitment companies in LPU include Amazon, IBM, Verizon, etc.

More About LPUDE

MBA Finance in Madras University

Madras University offers MBA Finance Management on a self-funded basis. There are 50 places for this course at Madras University. The Madras University MBA Finance Distance Learning Admission Process is listed below:

1. Based on the grades of the TANCET exam candidates.

2. In the case of foreigners and BIP, the grades achieved in the course are decisive if more than 6 candidates are presented in one category.

More About Madras University

MBA Finance in Annamalai University

Annamalai University – Direction of Distance Education or AU DDE offers MBA Finance in distance study mode, among other UG and PG courses.

1. University is located in Chidambaram, Tamil Nadu.

2. Students are admitted to the course on the basis of an entrance examination organized by the university.

3. Total course fees can be up to INR 15,000 per year.

4. Interested applicants can apply through online registration for all courses offered by DDE, Annamalai University.

More About Annamalai University

MBA Finance from Symbiosis Distance Learning

The Symbiosis Center for Distance Learning can be one of the best options for a distance MBA degree. You can find more information on this in the following points:

1. Selection for this course is based on an proficiency test and MMS-CET/GMAT/NMAT/CMAT/CAT/MAT/ATMA/XAT scores are accepted.

2. Majors are offered in marketing, human resources, finance, operations and cost accounting.

3. Online courses are regularly offered by the university.

4. Required documents are grade sheet and SSC and HSC diploma, grade sheets and school grade sheets, work experience papers, name change papers (if applicable), proof of identity with two photographs, photo ID, proof of residency (for overseas) /SAARC applicants), admission test score card (if applicable).

More About Symbiosis Distance Learning

Jobs and Placements in Distance MBA in Finance

After the MBA Finance Management Distance Education course, students can work in the banking and non-banking industries. You can work anywhere in the business world. Every industry needs a financial expert to maintain capital balance. Students completing an MBA in Finance must go through many job changes in both the public and private sectors.

Other factors that affect a Distance MBA Finance graduate's salary include the type of industry you work in. After completing the Distance MBA Finance, students can join any related organization and work as a manager.

Entry Level Distance MBA Finance Jobs like Management Trainee, Financial Analyst, Research Analyst and more. MBA Finance jobs for students after completing the Distance MBA Finance:

Job Posting for Experienced MBA Finance Graduates:

The range and salary of Distance MBA Finance in India is from INR 3.5 to 6.5 LPA. Other factors affecting salary packages include the type of industry students may work in.

A student's knowledge, skills, and experience play a critical role in a company's overall compensation. Distance MBA Finance careers offer excellent job opportunities in a variety of fields for you to choose and pursue.

Abroad Jobs

Students with a Distance MBA in Finance can come from the private and government sectors. Distance MBA Finance salary in India ranges from INR 4.5 to 20 LPA. Distance MBA Finance offers an excellent opportunity to work in a global market and around the world.

There are many job opportunities not only in India but also abroad. Students can work in the financial sector, in security companies, in the banking sector and in the tourism industry.

Top International Recruiting Companies who hire Distance MBA in Finance graduates are:

1. Morgan Stanley

2. Boston Consulting Group

3. Goldman Sachs

4. Bain & Company

5. JP Morgan Chase & Company

6. McKinsey & Company

7. Barclays

8. KPMG

Job Profiles of Distance MBA in Finance

Some of the famous expert avenues open to successful graduates of the Distance MBA in Finance degree are indexed underneath with the corresponding salaries provided for the respective positions.

Scope for Distance MBA in Finance

There are almost 20 or more specializations for MBA programs, with the MBA in Finance being the most preferred. As the subject deals with financial principles such as the management, control and auditing of an organization's capital, positions offered upon completion of the program are related to financial resources and financial skills. The

Distance Learning MBA in Finance can help working executives or aspiring entrepreneurs achieve their goals and seek new development opportunities within their organization.

Given the increasing financial intelligence of foreign entrepreneurs and companies investing in Indian companies, it can be assumed that the future prospects of an MBA finance graduate are quite bright.

Although most finance MBA graduates do not choose higher education, a finance MBA graduate may pursue other professional courses, such as a certificate in project management or financial risk management

Distance MBA in Finance: Career Prospects

The aim of the Distance MBA in Finance program is to provide students with an in-depth understanding of various aspects of the business world. These graduates can find various career opportunities in the Distance MBA Finance and work in both the banking and finance industries. The Distance MBA in Finance program prepares students for careers in various financial industries. You can work in any industry as long as your equity is required. You can work in the public and private sectors. With a master’s degree in finance, they can explore different career options. You can even take professional Distance MBA courses in finance to expand your knowledge.

FAQs on Distance MBA in Finance

(1) Who should apply for an MBA distance learning program?

Ans: Ideally, professionals who want to deepen their management skills and advance within their organization should choose a distance MBA program.

(2) What is the distance MBA admissions process via IGNOU?

Ans: To apply for an MBA course through IGNOU, a candidate must take the OPENMAT exam. In addition to a valid OPENMAT/CAT result, the candidate must also pass at least 50% of the diploma exam.

(3) Does the LPU offer a distance learning MBA in finance?

Ans: Yes, LPU offers distance learning programs through LPUDDE, commonly known as the Lovely Distance Learning Department.

(4) What is the difference between the Executive MBA and the Distance MBA?

Ans: The Executive MBA or EMBA is designed for professionals with a minimum of 6-12 years of experience, while candidates with less than 4 years of experience choose a distance MBA. The EMBA offers a high return on investment for candidates and the organization they work for. Unlike a distance learning MBA where students are free to study as they see fit, EMBA courses are typically held in the evenings. The length of the course also differs between the two courses. While an EMBA takes one year, a distance MBA can take one to two years to complete.

(5) Is the admissions process for distance learning MBA similar to regular MBA?

Ans: Yes, the admissions process for both majors is somewhat similar. However, unlike the admissions process for a regular MBA, students are generally exempt from group discussions and face-to-face interviews when applying for a remote MBA program.

(6) Should I choose a regular MBA or choose between an EMBA and a distance MBA?

Ans: It depends on your future goals. Students who want to try the old-school method must complete a regular MBA after graduation. Likewise, professionals looking to advance within their organization should choose an EMBA or MBA distance learning degree.

(7) What is the value of the MBA distance according to ICFAI?

Ans: Conducting a distance learning program at ICFAI has advantages in terms of brand value and market popularity compared to other distance MBA universities. The university has 4 modules in its study structure. While students who complete Module 1 receive a Business Basics Certificate, those who pass all 4 modules receive an MBA.

(8) Which is the best? Are you doing an MBA at IGNOU or Symbiosis?

Ans: MBA studies at these institutions have their advantages and disadvantages. For example, while IGNOU has a good reputation for offering distance learning for students, Symbiosis is known for offering educational programs for employees of many renowned multinational companies like Vodafone, Cipla, etc. Course duration and fee structure also differ between the two institutions. Students must attend Universitykart.com for a detailed analysis of the probabilities.