Course Details of Distance MBA in Finance
Distance MBA in finance refers to the MBA course specialisation in finance to advance a career in the finance category without traditional on-campus classes but with online learning methods. The specialisation in finance in distance MBA courses covers typically all core business principles which are mainly focused on the specialised scheme in finance including financial management, corporate finance, financial market and Investment analysis. The potential candidates of distance MBA in Finance need to ensure the proper recognition and accreditation of college or Institute. Several distance MBA colleges and Universities offer interactive learning platforms for distance MBA in finance along with accessible resources to support better career and networking opportunities among individuals. The distance MBA in finance should be done from a reputed institution with appropriate and educated faculty, curriculum structure and opportunities for practical internships and experiences.
-
Course Duration
2 Years
-
Eligibility Criteria
Graduation
-
Admission Process
Aptitude Test
-
Course Fee
INR 1.4 Lakh - INR 23.9 Lakh
-
Average Salary
INR 4 Lakh - INR 10 Lakh
What Why When
What is Distance MBA in Finance?
Distance MBA in finance is a popular course for individuals seeking a career in finance considering their understanding and interest in Accounting Principles, risk management and other finance related components. Distance MBA in finance develops expertise among candidates in finance-related subjects.
Why Study Distance MBA in Finance?
The distance MBA in finance should be done by the candidates who are interested in banking or finance-related business. Distance MBA in finance provides great opportunities to develop expertise in fields like Banking, Stock Market, Insurance and Investment. Distance MBA in finance from a decent college offers similar value and acceptability of degree among employers.
When to Study Distance MBA in Finance?
Distance MBA in finance is appropriate when a student scores a minimum of 45% in a 3-year bachelor course. The candidates can apply for a distance MBA in finance program whenever they want as there are no specific age criteria for admission.
Distance MBA in Finance Admission Process
How NEEV Helps in the Admission Process
Neev Education is a prominent educational consultancy that specializes in assisting students with their higher education aspirations, including gaining admission to distance MBA programs in Finance. We offer a variety of services that streamline the admission process and provide students with the guidance they need to succeed. The admission process for a distance MBA in finance is similar to any other admission process however it includes some important elements unlike others. Opting for the admission process of distance MBA in finance it is important to need eligibility criteria. Furthermore, Neev helps you follow the admission process for a distance MBA in finance.
Step 1: Sign up
Login to the admission portal by using your credentials shared on registered email id or you can directly login by entering an OTP received on the registered mobile number.
Step 2: Application Form
The next step is filling out all the details in the application form such as personal details, educational qualification and other details as required by the University.
Step 3: Documentation
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
Step 4: Fee Submission
To finish the application, submit the academic fees online through debit, credit card, Net banking, UPI or you may also opt for a finance option. Interest-free Loan options are also available in which you can pay your fees in easy EMIs.
Step 5: Verification & Confirmation
The University will then verify your documents and send you a confirmation mail on your admission to the distance MBA program along with the login credentials to access your learning management system (LMS).
Distance MBA in Finance Eligibility Criteria
Distance MBA in Finance Entrance Exam
To get admission to a distance MBA in finance program the candidates have to crack the entrance exam as required by the course provider or institution. For distance MBA in finance, there are numerous entrance exams such as CAT, MAT, XAT, CMAT and SNAP. These entrance exams are held on different dates throughout the year and the candidate needs to get good marks as required by the Institute. The purpose of these entrance exams to get admission to a distance MBA in finance is to evaluate the analytical, verbal, logical reasoning and quantitative abilities of candidates.
| Distance MBA in Finance Exams | Distance MBA in Finance Exam Dates |
|---|---|
| CAT | Nov’24 |
| SNAP | Dec '24 |
| XAT | Jan '25 |
| MAT |
|
| CMAT | May '24 |
CAT Cut-Off Marks for Distance MBA in Finance
The concept of cutoff marks in the education sector refers to the minimum percentage or marks that should be secured by the candidate in an entrance exam. Candidates need to secure the minimum cut-off marks in the entrance exam to get admission to the desired program and college. The institutes prefer candidates with good marks in their entrance exam to meet the cut-off marks criteria for getting admission to a distance MBA in finance or any other program.
CAT Cutoff for Distance MBA in Finance IIM Admission
| IIM Colleges | CAT Cutoff (Percentile) |
|---|---|
| IIM Ahmedabad | 99-100 |
| IIM Bangalore | 99-100 |
| IIM Calcutta | 99 |
| IIM Lucknow | 97-98 |
| IIM Indore | 97-98 |
| IIM Kozhikode | 97-98 |
| IIM Kashipur | 94-95 |
| IIM Udaipur | 92-94 |
| IIM Jammu | 90 |
| Top MBA Colleges | CAT Cutoff in Percent |
|---|---|
| IMT, Ghaziabad | 95-97 |
| FMS, University of Delhi | 98-99 |
| IIFT Delhi | 95-99 |
| IMI, New Delhi | 90 |
| JBIMS, Mumbai | 96 |
| XIM, Bhubaneshwar | 91 |
| Amity Business School, Noida | 85 |
| LIBA, Chennai | 70 |
Distance MBA in Finance Syllabus
Typically the syllabus of a distance MBA in finance is based on the university or college policies and the program schemes they are providing. However, distance MBA in finance syllabus includes Foundation courses, core finance courses, specialised finance courses and elective courses along with Research and project work, practical training and soft skill development schemes.
Popular Colleges of Distance MBA in Finance
Several Indian colleges provide the best distance MBA in Finance with valuable and globally recognised management degrees. Some of the best colleges for distance MBA in finance are Indira Gandhi National Open University or IGNOU, Annamalai University, Lovely Professional University, Suresh Gyan Vihar University, NMIMS etc. These colleges are well-reputed and UGC-certified with proper accreditation.
Career Scope for Distance MBA in Finance
Distance MBA in finance offers a broad career scope for candidates in many sectors including business management, corporate finance and Healthcare. The distance MBA in finance degree holder has an opportunity to assist individuals and Institutions as a financial planner, Overseas financial activities like forecasting budgeting and capital allocation in a corporation as a corporate finance manager and provider Expert Opinion relevant businesses in the agency in several business matters as a financial consultant. The scope for a distance MBA in finance also includes becoming a treasury manager to manage business pretty and financial risk, a credit analyst to manage the loans and lines of credit of an organisation, an insurance manager, a financial controller as well as an entrepreneur by starting a financial aid firm.
Distance MBA in Finance Salary in India
| Distance MBA in Finance Job Profiles | Job Description (Responsibility) | Average Salary |
|---|---|---|
| Financial Analysts | A Financial Analyst is a professional who assesses the financial health of individuals, organizations, or investments | INR 4.22 LPA |
| Finance Managers | A Finance Manager is a senior-level professional responsible for overseeing an organization's financial health, making financial decisions, and managing the financial resources of the company | INR 9.80 LPA |
| Assistant Vice Presidents - Corporate Banking | An Assistant Vice President (AVP) in Corporate Banking is a professional who holds a mid to senior-level management position in the corporate banking division of a financial institution, such as a bank | INR 20.00 LPA |
| Credit Risk Managers | A Credit Risk Manager is a professional responsible for assessing and managing the credit risk within a financial institution, such as a bank or lending organization | INR 13.50 LPA |
Top Recruiters for Distance MBA in Finance
| Top Recruiters Company for Distance MBA in Finance |
|---|
|
Morgan Stanley
|
|
JP Morgan
|
|
Boston Consulting Group
|
|
Lehman Brothers
|
|
KPMG
|
|
Merrill Lynch
|
|
Goldman Sachs
|
|
McKinsey
|
|
Deutsche Bank
|
|
ICICI Bank
|
|
Barclays
|
Placements for Distance MBA in Finance
The placement on distance MBA in finance refers to getting recruited or replaced by enough businesses to come as a career. The placement of a distance MBA in finance degree holder is based on various elements including the candidate's academic performance, work experience, networking effort, and institution reputation. The different types of placement options provided by Institutions for distance MBA in finance include Campus Placements, Online Job Portals, Internships, Career Services, Networking and many more.
| Distance MBA in Finance Colleges | Distance MBA in Finance Average Package |
|---|---|
| School of Open Learning, University of Delhi | INR 3 LPA - INR 10.5 LPA |
| IGNOU - Indira Gandhi National Open University | INR 2.7 LPA - INR 7.5 LPA |
| Symbiosis Centre for Distance Learning, Delhi | INR 3.6 LPA - INR 12.5 LPA |
| ICFAI University – Distance Education | INR 3.2 LPA - INR 14.2 LPA |
Others Specializations for Distance MBA
| Specialisation | Semester-wise Syllabus Details |
|---|---|
| Human Resource (HR) | |
| Finance | |
| Marketing | |
| Operations Management | |
| Information Technology | |
| Business Analytics | |
| Healthcare Management | |
| International Business | |
| Entrepreneurship |
| Specialisation | Semester-wise Syllabus Details |
|---|---|
| Retail Management | |
| Hospitality Management | |
| Project Management | |
| Digital Marketing | |
| Supply Chain Management | |
| Strategic Management | |
| Agri-Managemenet | |
| Energy Management | |
| Fintech | |
Top Reviews from Distance MBA Students
What our Students Saying!
Hey I am Dhiraj!Pursuing distance MBA in Finance from Manipal University through Neev Education. It has been an incredibly rewarding experience for me. Overall, the MBA in Finance program has been instrumental in advancing my career. It has equipped me with the knowledge, skills, and professional network needed to succeed in the finance industry. I would highly recommend this program to anyone looking to deepen their expertise in finance and pursue a dynamic and rewarding career.
DHIRAJ
Manipal university
I am Amit jain I have done my MBA in Finace through distance mode under the guidance of Neev Eucation. The coursework is well-structured, starting with foundational courses in financial accounting, corporate finance, and investment analysis. As the program progresses, the electives offered allow for specialization in areas such as risk management, mergers and acquisitions, and international finance.
AMIT JAIN
Amity University
FAQ’s of Distance MBA Course in Finance
-
What is the scope of a Distance MBA in Finance?
The scope for a distance MBA in finance is very broad and promising for candidates with good marks and performance. Several jobs are available after a distance MBA in finance degree such as a Financial Analyst Investment Banker Portfolio Manager Risk Manager Financial Planner Corporate Finance Manager Financial Consultant Price Manager Credit Analyst Insurance Manager Financial Controller and Entrepreneurship.
-
What does a distance MBA in Finance do?
A distance MBA in finance has several duties based on their job roles and expertise within businesses. A distance MBA in Finance can do Financial Analysis, Budgeting and Forecasting, Investment Management, Financial Reporting, Risk Management, Financial Planning and Strategy Making, Capital Budgeting, Financial Modelling, Financial Compliance, and Stakeholder Communication.
-
Which Stream is better for Distance MBA in Finance?
The stream for a distance MBA in finance is based on the individual career, professional background and interests. Based on one interest and capabilities, a distance MBA in finance can select one of the streams from General Finance, Investment Management, Corporate Finance, Financial Risk Management, Banking and Financial Services and International Finance. You can also decide on the stream based on consultation with detailed industry professionals and academic Advisors to achieve your goals strategically.
-
Which Distance MBA has the Highest Salary?
The salary packages of distance MBA in any specialisation is based on multiple factors including the accreditation and reputation of the Business School, the selected specialisation, relevant industrial rent and individual career progression. Distance MBA with different specializations has different salary packages and candidates can enhance their salary based on their networking skills and experience in industry.
-
What are the requirements for a Distance MBA in Finance?
The distance MBA in finance needs candidates to meet the minimum educational eligibility criteria i.e., 45% marks in Bachelor’s degree. Some Institutions also prefer candidates with work experience in similar fields. It is all so essential to crack an entrance exam such as GMAT or MAT.
