Full Time MBA v/s Part Time MBA v/s Distance Learning MBA : MBA series Part 5

different types of mba courses

 

As discussed in the previous parts of MBA series (check out the previous PARTS here), Management education has become very popular in the India and has opened various mediums to get it. Full time MBA has always been a choice no. 1 for any applicant but now days trend has been witnessed where those who don’t want to be leave their job and wants to continue with their education chooses to do Part time MBA along with their jobs. Distance learning MBA is another option for those students who are not in a position to study full-time due to work commitments, family priorities or financial reasons are able to consider studying from home.

Now let’s consider each with deep insights that might help you in getting you closer to your THE decision.

 

Full Time MBA in India.

There are many business schools and colleges in India offering two-year MBA or PGDM programs accredited by AICTE and/or UGC. The students are a mix of fresh graduates as well as with experience and get either at public or private schools depending on entrance examinations. Typically programs offer full-time, part-time and executive education programs.

The Indian Institutes of Management are among the world’s most selective schools. They offer a post graduate diploma in management rather than a degree because of an archaic Indian law which says that only universities can award degrees. IIMs are not considered universities since they were created by a special decree of the Indian parliament to increase management talent in India.

According to career360 Magazine, Following are the top Full time MBA programs in India:

S.No.College NameOverall RankOverall ScoreNational RatingState RatingCut offFees(In lakhs)
1Indian Institute of Management, Ahmedabad1427.48N.AAAAAACAT:9015.50
2Indian Institute of Management, Bangalore2424.05N.AAAAAACAT:8517.00
3Department of Management Studies, Indian Institute of Technology, Delhi3408.44N.AAAAAACAT:954.28
4Faculty of Management Studies, University of Delhi, Delhi4387.13N.AAAAAACAT:951.00
5Shailesh J Mehta School of Management, Indian Institute of Technology, Bombay5384.08N.AAAAA+CAT:958.98
6Department of Management Studies, Indian Institute of Technology, Madras6380.89N.AAAAA+CAT:954.25
7XLRI – Xavier School of Management, Jamshedpur1366.04N.AAAAA+XAT:92.2515.00
8Indian Institute of Management, Lucknow7365.66N.AAAAA+CAT:9010.83
9Indian Institute of Management, Kozhikode8364.65N.AAAAA+CAT:9010.00
10Indian Institute of Science, Bangalore9364.64N.AAAAA+CAT:901.59
11Management Development Institute, Gurgaon2362.22N.AAAAA+CAT:9215.96
12SP Jain Institute of Management and Research, Mumbai3361.61N.AAAAA+CAT:85
XAT:85
13.00
13Indian Institute of Management, Indore10358.10N.AAAAA+CAT:9013.00
14National Institute of Industrial Engineering, Mumbai11356.42N.AAAAA+CAT:978.10
15Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur12340.99N.AAAAA+CAT:95.26.72
16Indian Institute of Technology, Kanpur13338.39N.AAAAA+CAT:954.80
17Indian Institute of Foreign Trade, Delhi14332.34N.AAAAA+N.A.13.50
18Rajiv Gandhi Indian Institute of Management, Shillong15329.90N.AAAAACAT:9012.68
19Indian Institute of Technology, Roorkee16325.02N.AAAAA+CAT:904.18
20Institute of Management Technology, Ghaziabad4313.85N.AAAAA+CAT:90
XAT:90
15.00
21TA Pai Management Institute, Manipal5309.16N.AAAAACAT:86
XAT:86
MAT:700
13.50
22Xavier Institute of Management, Bhubaneswar6307.37N.AAAAACAT:94
XAT:95
12.00
23Great Lakes Institute of Management, Chennai7307.26N.AAAAACAT:90
CMAT:280
XAT:90
16.50
24Indian Institute of Management, Rohtak17301.88N.AAAAACAT:859.00
25Indian Institute of Management, Ranchi18297.57N.AAAAACAT:909.00
26Indian Institute of Management, Raipur19296.96N.AAAAACAT:909.78
27Institute of Rural Management, Anand8294.51N.AAAAACAT:805.17
28Loyola Institute of Business Administration, Chennai9289.65N.AAAAACAT:90
XAT:90
8.74
29Symbiosis Institute of Business Management, Pune10280.39N.AAAAAN.A.N.A.
30Jamnalal Bajaj Institute of Management Studies, Mumbai20280.16N.AAAAACMAT:3502.00
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Part Time MBA Programs in India

A part-time MBA suits the needs of working professionals who can complete the course on a part-time basis while still being employed. Though this would mean extended duration of the course, the income stream would continue throughout without having to take a break from work. It is also called Evening MBA programs. Where a regular Full time is for 2 years in duration, Part time/ evening MBA can be of 3 years or more.

According to the popular education portal, shiksha.com (Naukri.com group Company), Following are the top Part time MBA Programs in India.

RankName of the InstituteTotal Course Fees (INR)
1Indian Institute of Management, Lucknow5.5 L
2Faculty of Management Studies (FMS)1.0 L
4Indian Institute of Foreign Trade5.0 L
5Management Development Institute, Gurgaon9.4 L
6Jamnalal Bajaj Institute of Management Studies1.5 L
7Symbiosis Institute of Business Management, Pune50.0 K
8Symbiosis Institute of Business Management, Bangalore1.2 L
10Institute of Management Technology, Ghaziabad4.3 L

 

Distance Learning MBA in India

The distance learning MBA is gaining popularity, with many of the world’s top business schools developing virtual learning courses that can match up to their existing full-time programs. IE and Warwick Business School are the top two business schools in the world offering distance learning MBAs. But how is the landscape for distance learning MBA in India. As the name suggests, distance MBA programme is pursued via correspondence, i.e., remote communication between two parties. Education in this format focuses on imparting lessons to students, who are not physically present in a classroom. This medium is obtaining an MBA without actually having to attend the program on the campus. This could be done through various correspondence courses, online course material and discussions, teleconferencing and videoconferencing.

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The advantage of this model is that these courses can be completed from the comfort of our home and while continuing our current profession. Some of these programs also offer flexibility in terms of their course structure.

Distance Learning Education has seen a paradigm shift with the introduction of technology in it. According to the popular website, topmba.com, speaks about the distance learning along with new technologies. According to the website, “Webinars and virtual learning environments are relatively new phenomena in the distance learning world. It’s only in the last decade or so that new video and interactive technologies have become readily available worldwide and our bandwidth speeds are able to keep up. Unfortunately because of its relative newness, there are the obvious teething problems with distance learning courses. Out of the wide range of people that sit in on these webinars there will always be one, certainly in the initial weeks, who cannot get their microphone or speakers to work and you’re likely be distracted by the regular sound effects from local emergency services from around the globe, which will probably begin to lose its novelty at some point in week three.”

For those MBA aspirants who are cannot afford to pursue full-time MBA, many Bschools offer distance learning MBA programmes. Almost every school recognises and caters to the needs of every MBA aspirant through its distance learning MBA course list. Over the years some of these schools have earned a reputation for various reasons like good placement assistance, quality study material, lectures, etc. Below is the list of top 10 institutions that offer MBA in distance education as per the careerindia.com:

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1Symbiosis Centre of Distance Learning, Pune
2Indira Gandhi National Open University, New Delhi
3ICFAI Business School, Hyderabad
4Institute of Management Technology Centre for Distance Learning
5Sikkim Manipal University, Sikkim
6Amity University, UP
7Annamalai University, Tamilnadu
8Alagappa University, Tamilnadu
9Bharathidasan University – Centre for Distance Education
10Maharshi Dayanand University, Rohtak

 

Share your doubts with us and we will help you solve your MBA related problems. You can ask your questions or share your opinions and discuss your view points in the comment section below.

One thought on “Full Time MBA v/s Part Time MBA v/s Distance Learning MBA : MBA series Part 5

  1. It’s a really healthy discussion on full time mba vs part time mba vs distance learning mba. This article will help many students, who have not decided, what to choose? I woould also suggest you to visit joindistancemba.com for more detailed information.

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