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Distance MBA in Finance Management
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Updated at : September 30, 2024DOWNLOAD E-BOOK
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A distance MBA is considered one of the most convenient modes for pursuing higher education in the management field. With a specialization in finance management in this mode, the program has become quite popular among finance professionals. Besides learning all the newly added concepts in the field, you will also have the opportunity to engage with any organization for practical exposure from the very beginning of the program. Students Also Looking For | Online MBA In Finance!
The goal of the distance MBA specialization in Finance Management is to provide students with a thorough understanding of all aspects of finance, including risk management, financial modeling, business finance, international finance, investment strategies, and more. This guarantees that graduates of this course possess the complete knowledge and abilities that the finance industry requires.
You can choose from a wide range of job choices in the government and private sectors related to finance management after completing this distance MBA major. This program is designed to accommodate employees' already hectic schedules. As a result, the flexibility of weekend or evening classes allows students can learn the program while being a part of other obligations. Students Also Ask | MBA Online Courses!
Nowadays, practical knowledge in the field is given more weight than theoretical knowledge. This can be made possible by providing learners the opportunity to implement their conceptual knowledge in the real business world. A distance MBA in finance provides you with a flexible learning module with which you can gain practical experience while learning different aspects of the finance industry. In a conventional MBA program, you will be occupied with classroom-based studies for 2 years which will make you join any firm only after completion of the course.
Getting a distance MBA in finance management is a great option for many employees and future leaders who wish to advance in their careers in the finance industry. This program is well-suited for the below-mentioned categories of applicants.
Well, there is no definite answer to this question! You can consider enrolling in this finance management specialization of distance MBA whenever you feel it can fill the missing gaps in your career. The relaxation given by the universities offering it with no age cap makes you opt for it at any age. Thus, it offers professionals with a good amount of experience a chance to complete their postgraduation and move up in their careers for better job roles.
Name of the University |
Course Duration |
Average Annual Fee (Might Vary) |
Narsee Monjee Institute of Management Studies (NMIMS) |
1.5 years |
2,50,000 |
2 to 5 years |
32,000 |
|
2 years |
50,000 |
|
ICFAI University, Directorate of Distance Education |
1 - 2 years |
65,500 |
2 years |
56,000 |
|
All India Management Association (AIMA) |
2 years |
63,000 |
1 - 2 years |
45,000 |
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The curriculum for a distance master's degree in finance management varies depending on the university you choose. Since most of them usually cover all the crucial subjects related to the financial field, there might be some variation in the exact subject names and add-ons. The following are some well-liked subjects you may study in the 4 semesters of this MBA specialization:
Semester I |
Semester II |
Accounting for Business Decisions |
Human Resource Management |
Business Research Methods |
Decision Science |
Basic of Marketing |
Financial Management |
Organizational Behaviour |
Marketing Management |
Economics Analysis for Business Decisions |
Operation & Supply Chain Management |
Legal Aspects of Business |
Management Information system |
Semester III |
Semester IV |
Startup and New Venture Management |
Entrepreneurship Development |
Enterprise Performance Management |
Banking Operations – I (Specialization Paper 1) |
Financial Instruments and Derivatives (Specialization Paper 3) |
Managing for Sustainability |
Strategic Management |
Strategic Cost Management (Specialization Paper 2) |
Financial System of India, Markets, and Services (Specialization Paper 2) |
Event Management |
Direct Taxation (Specialization Paper 1) |
International Finance (Specialization Paper 3) |
The eligibility criteria set for this flexible MBA major are quite simple. A few of the mandatory requirements for this program at most universities include:
Duration: A distance MBA in finance management has the same duration of 2 years as that of a regular MBA program. This is one of the important factors that you must consider before choosing a valid distance MBA program. However, you might encounter some government-authorized universities that offer the same program under different names for a period shorter than 2 years.
Obtaining a distance MBA in finance management requires a broad range of abilities to navigate the complex world of financial strategies, investment decisions, and business financial management. The following abilities are necessary for you to succeed in this program:
Here is a list of some of the most common entrance exams whose scores are considered by universities while offering admission to MBA programs in India:
CAT (Common Admission Test) |
GMAT (Graduate Management Admission Test) |
CMAT (Common Management Admission Test) |
MAT (Management Aptitude Test) |
KMAT (Karnataka Management Aptitude Test) |
ATMA (AIMS Test for Management Admission) |
NMAT (NMIMS Management Aptitude Test) |
MAH CET (Maharashtra Common Entrance Test) |
TANCET (Tamil Nadu Common Entrance Test) |
SNAP (Symbiosis National Aptitude Test) |
PGCET (Postgraduate Common Entrance Test) |
XAT (Xavier Aptitude Test) |
Note: For a distance MBA program, you do not have to clear any entrance exam.
Here is a list of some reference books that you can study to strengthen your knowledge of financial management in addition to the course curriculum of a distance MBA in finance.
Book Title |
Author |
A Random Walk Down Wall Street |
Burton G. Malkiel |
Security Analysis |
Benjamin Graham, David Dodd |
Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports |
Howard M. Schilit |
Valuation: Measuring and Managing the Value of Companies |
McKinsey & Company Inc., Tom Copeland, Tim Koller |
Behavioral Corporate Finance |
Hersh Shefrin |
Financial Modeling in Excel For Dummies |
Danielle Stein Fairhurst |
Corporate Finance |
Stephen A. Ross, Randolph W. Westerfield, Jeffrey Jaffe |
Options, Futures, and Other Derivatives |
John C. Hull |
The Essays of Warren Buffett: Lessons for Corporate America |
Warren E. Buffett, Lawrence A. Cunningham |
Principles of Corporate Finance |
Richard A. Brealey, Stewart C. Myers, Franklin Allen |
Financial Statement Analysis and Security Valuation |
Stephen H. Penman |
Financial Management: Theory & Practice |
Eugene F. Brigham, Michael C. Ehrhardt |
The Handbook of Corporate Finance: A Business Companion to Financial Markets, Decisions & Techniques |
Glen Arnold |
The Handbook of Fixed Income Securities |
Frank J. Fabozzi |
The Intelligent Investor |
Benjamin Graham |
Benefits of learning from us
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Program Fee: ₹35,000 - ₹2,54,000
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The fee package for this distance MBA specialization in finance management is quite low and starts at INR 50,000. This amount can be paid in parts before the start of each semester, year, or all at once. This course cost is not fixed and can vary based on your choice of university. At some universities, you will have to deposit the exam fee, study material cost, and GST charges in addition to the tuition fee, and at others, these will be included in the program fee.
The admission process to enroll in the finance management specialization of distance MBA follows a direct procedure after you have fulfilled the eligibility criteria set for it at your chosen university. The formalities of the admission process start after you register for the course at the university’s official website or an education portal authorized by the university.
After registration, you will have your login details with which you can access the admission form and fill it up with your accurate details. These details will include personal, professional, and educational information. You might also be required to submit some docs along with your admission form as proof of attestation of the details provided. After your application is reviewed by the admission committee, you will be notified to proceed to the next step of fee payment to secure your seat in the next batch of the program.
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Despite having a low fee package, many applicants are not comfortable paying the entire course cost at once. To help such individuals, universities offering this program have introduced the education loan facility with which they can pay the fees in monthly installments or EMIs. This facility has made candidates from weak financial backgrounds opt for their higher education.
Apply For No Cost EMI
Pursuing a distance MBA in finance management can be one of the best career decisions in your life. This budget-friendly postgraduate program has made candidates from different financial and academic backgrounds complete their higher education in the field of finance management. The flexibility that this program provides is the prime focus that attracts working professionals to opt for this course. Classes scheduled at weekends or in the evenings make professionals fulfill their work and personal commitments at the same time.
Coming to the curriculum of this program, it makes you learn all the advanced topics and tools deployed in the finance sector in addition to the fundamental topics. Its course structure ensures that you get similar career opportunities in the job market as you get after a regular MBA course. Moreover, the UGC recognition of this program makes you apply for big companies that you have dreamed of for a long time.
College Vidya Advantages
After completing this distance MBA specialization, you can explore a variety of career opportunities in both private and government sectors. The financial management knowledge you have gained through this course will help you get hired at a job title that offers a high salary package. A few such titles have been listed below to give you an overview of the career after a distance MBA in finance management.
Financial Analyst |
Investment Manager |
Corporate Treasurer |
Financial Consultant |
Finance Manager |
Risk Analyst |
Budget Analyst |
Business Development Manager (Finance) |
Credit Analyst |
Asset Manager |
Mergers and Acquisitions (M&A) Analyst |
Financial Controller |
A distance MBA in financial management is a great opportunity to land your dream organization. Even top recruiters in the industry admire your multitasking abilities with which you have managed your work and study commitments at the same time. Well-known MNCs like McKinsey & Company, Morgan Stanley, Boston Consulting Group, Goldman Sachs, and others are also on the list of recruiters for candidates who have completed their distance MBA in finance.
Our students work at
ICICI Bank
Amazon
Axis Bank
Flipkart
HDFC Bank
KPMG
NTT Data
Paytm
HSBC
JP Morgan
Yes, as per UGC guidelines, a distance MBA in finance management is equivalent to the one obtained through on-campus mode.
You can complete a distance MBA in finance in a minimum of 2 years, however, some universities offering this mode of MBA offer a maximum limit of 4 years to complete it.
No, for a distance MBA specialization in finance, maths is not compulsory. However, having studied it at graduation or 12th level will make you easily understand the curriculum of this course.
Yes, as the degree of distance MBA in finance is UGC recognized, it will help you build your career abroad.
In India, the average starting salary after a distance MBA in finance is 4 LPA which increases with time as the professional gains relevant experience and skills in the field.
In general, most of the private universities offer a distance MBA in the specialization of finance management without any entrance exams but if you want to do it from a government institution, you might need to crack their specific entrance exams or CAT for admission.
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