Generally, career seekers misconstrue distance MBA as a ticket to fame and riches. The verity is that the degree can at best serve as a helping tool when it comes to carving out a niche.
Distance MBA FAQs - The myths shrouding distance MBA do not seem to die out any sooner. Like all popular urban legends, it will continue to simultaneously intrigue and attract aspirants seeking better career opportunities, affluent lifestyle and social esteem. Unfortunately, the day of reckoning comes when they push themselves into the labour market. Regretting the decision becomes a more likely consequence for them. Avoiding such a scenario and the pain involved is a living reality, provided decisions are based on facts rather than assumptions. However, the caveat here is a pervading knowledge gap that needs to be bridged at the earnest. Through the write-up, we aim to do the same by dispelling all misconceptions usually associated with distance MBA, and eventually, enabling aspirants to make pragmatic decisions. Go on reading, as we answer all your queries to the best of our knowledge and abilities. Do not forget to enlighten us with your feedback.
Q: Is distance MBA a guarantee for success?
A: Thanks to the fancy sales pitches offered by B-schools, websites and coaching centres, the MBA dream is finding a plenty of takers. Currently, youngsters perceive the degree as an entry point to career success, job satisfaction and worldly bliss. However, this is as far from the truth as it can get. Remember, there will be numerous contenders for a particular job holding same qualifications as you. In such a scenario, your degree’s value is undermined. The deciding factors will be your calibre, understanding of business and its processes. In addition, your success will rely on how well you communicate and demonstrate skills that you acquired while pursuing the degree. Your alma mater’s prestige and connections are also required to get the better of the competition. The same argument holds true for lateral growth as well. A degree alone does not guarantee access to higher rungs of the corporate ladder. So, do not let the false sense of security to overpower your reasoning, otherwise, you are up for a rude shock.
Q: Are all distance MBA programmes credible?
A: No. In the recent times, diploma mills have mushroomed up and are taking aspirants for a ride. In fact, the majority of them are illegitimate, as they lack affiliations from University Grant Commission and other authorities. Apparently, you will stumble, if there is any inclination from your side to make these degrees as a stepping-stone for a rewarding career. That said, top rated Indian universities do roll out distance education programmes that are valid in all labour markets. If you have what it takes to excel in the industry, degrees can help you attain a high paying job. So, a due diligence is recommended prior to making the all-important enrollment decision. Failing which, your time, effort and money are more likely to go down the drain.
Q: Are distant MBA programmes cost effective?
A: Cost-effectiveness of MBA programmes is one of the biggest misconceptions that most individuals foster. Yes, when compared to regular courses, correspondence courses are relatively affordable. Then, cost effectiveness is a subjective term that varies from one individual to the other. As of now, top rated universities and B-schools charge anywhere around 5 to 15 lakhs for distance learning, making it beyond the reach of common folks. The fact that medium of instruction in the said format is digital does not justify the exorbitant fee that the aspirant is made to pay. Few would argue that there are institutes offering courses at affordable prices. Given the significance of alma mater’s prestige in getting employment opportunities, the argument does not hold any water.
Q: Are distance learning courses interactive?
A: Conventionally, students opting for distance courses had to rely solely on course material that came via post. Seemingly, the learning opportunities were limited and so were job prospects. Recruiters usually perceived distance learners to possess the half-baked conceptual understanding and no practical insights. Thereby, it was essential for such learners to back their degree with a work experience to claim for any employment opportunity that was up for grabs. However, distance learning has gained momentum in the recent years, thanks to growing competition and increasing awareness levels among masses. The unprecedented rise led course providers to introduce technology to the learning process. Once perceived dreary, the learning process is transforming into an interactive one. Students are free to interact with instructors and peers, put forward their queries and seek answers in real time. Additionally, the virtual world is abuzz with interactive forums that aid information sharing among learners, irrespective of their geographical location. The concept of webinars that offer an immersive learning experience is also gaining ground.
Q: Are distance learning courses easier than regular ones?
A: No. Contrary to the general perception, the curriculum is more or less the same, if not identical. The mode of instruction is the differentiator here. In regular courses, a significant amount of campus time is essential. The classes last longer and the course is completed within the stipulated time. When it comes to distance education, the learning is accomplished via digital classes and study material may be sent through correspondence. The only leverage for the student is that he can pursue learning at the pace and time of his convenience. Additionally, individuals with a penchant for digital learning environment may find it easier to understand and memorise complex concepts that are integral to the MBA curriculum.
Q: Is distant learning a guarantee for network building?
A: Thanks to the hype create by the MBA dream sellers, a large number of individuals buy this misconception. The MBA degree aims at enhancing the individual’s communication and networking skills to keep him poised for growth. However, no degree or degree provider can penetrate your reluctance and instil in you these traits. You are either born with them or acquire them through years of experience and constant motivation. This implies that the MBA degree will only hone your skills and guide you through the social or professional network building process but cannot create the desire to do so.