Wednesday 5 February 2014

What are the best institutes to pursue distance MBA?

What are the best institutes to pursue distance MBA?

While pursuing a Distance MBA, students should thoroughly check the credentials of the institute and validity of the course offered. Let us take a look at some of the leading management institutes offering good correspondence courses.


FAQ's for Distance MBA:

Que: I am working for the past 2 years so Which MBA should i opt for? Which cost me less? 

Ans: As per your profile pursuing distance MBA program would be the best option for you, by this you may easily maintain balance between your job and studies.Plus the cost of pursuing distance MBA would be less as compared to full time MBA. 

Que: What is Distance MBA? Is it the same as Correspondence MBA?

Ans: Distance MBA (Masters of Business Administration) program is imparted over long distance with the help of modern technology and communication facilities. It is designed for individuals seeking to pursue higher education alongside their job. However, graduates too can take up the program. Distance MBA programs are ideal for working individuals or students who, for various reasons, cannot join the formal education system.
Correspondence MBA is the traditional form of providing distance learning which involves sending the study material prepared by the college/institute to a candidate through post. It depends completely upon self-study. Correspondence MBA program is quite similar to Distance MBA but it does not offer class room assistance. The objective of correspondence MBA is to make it cost effective and exclude the hassles of classroom learning. 

Que: How long does it take to complete Distance/Correspondence MBA?

Ans: The duration for both distance and correspondence MBA is two years, though it may vary from institute to institute.

Que: What Distance MBA specializations are available and which colleges offer them?

Ans: Distance MBA can be pursued in a range of disciplines including the following. Click on the name of the specialization to check MBA/PGDM colleges in India offering the course: 

General Management
Finance
Human Resources (HR)
International Business (IB)
Information Technology (IT)
Marketing Management
Sales & Marketing Management
Hospital/ Health care Management
Operations
Import/Export
Telecom Management
Infrastructure Management  
Hospitality Management
Retail
Accounting
Aviation

Que: Which are the best institutes to pursue Distance MBA program?

Ans: Some of the leading management institutes offering Distance MBA programs are SymbiosisCenter for Distance Learning, MIT School of Distance Education, Jaipur National University, Narsee Monji Institute of Management Studies’ School for Continuing Education, Sikkim Manipal University Directorate of Distance Education, ICFAI University and IGNOU among others. You can plan your admission by checking out this list of Institutes offering Distance MBA programs across India. You can sort them course-wise and city-wise to suit your requirement.

Que: How much would it cost to pursue Distance MBA course?

Ans: Fees for Distance/ Correspondence MBA courses are less than regular MBA programs. Every B-school has its own fee structure. Program fee ranges anywhere from Rs 50,000 upto Rs 10 lakh. Ex:  Indian Institute of Management Tiruchirappalli(Fee: INR 10,00000) and Symbiosis Institute of Business Management (SIBM), Pune (Fee: INR 50,000). MIT School of Distance Education, Pune (Fees: Rs. 48500)

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Friday 24 January 2014

MAH MBA/MMS CET to go online from this year

Admissions to MBA/MMS and other management courses will again be conducted by the Maharashtra Directorate of Technical Education (DTE) for the 2014-2015 academic year after a gap of one year.
Following the pattern of most other management entrance exams shifting to the online format, MAHA MBA/MMS CET 2014, for the first time, will also be conducted online.

During the academic year 2013-2014, admissions to business schools in Maharashtra were conducted on the basis of CMAT (Common Management Admission Test) scores, leaving almost 39 per cent of seats vacant in management schools within the state.
While using the CMAT scores for admissions, group discussion and personal interviews were not held.
The CMAT exams, organised by All India Council of Technical Education (AICTE), were thought to be based on a more difficult syllabus in comparison to MAHA MBA/MMS CET.
Before the CMAT admission criteria, admissions were generally based on MBA/MMS CET scores, and held in offline mode.

The decision for going online has received mixed reactions from students and faculty. While some believe the online format may make the test tough for candidates from rural backgrounds, others are in favour of the online format since that has become common for other management entrance exams.

Registration for the Maharashtra MBA/MMS CET will begin from January 27, 2014, and online test is to take place on March 15 and March 16. 
The scores will be used by 411 institutes within the state for courses such as MBA, MMS, PGDM and PGDBM. Final admissions will be based on a Centralised Admission Process (CAP).

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DISTANCE EDUCATION WHAT? WHY? HOW?

DISTANCE EDUCATION

WHAT?

Today two terms that are being used almost inter-changeably are ‘Open Learning’ and ‘Distance Education’ and they are often combined to be known as Open and Distance Learning (ODL). Open learning is a philosophy and Distance Education is the mode used for translating it into reality as the two are complementary to each other.

Distance Education (DE) is an umbrella term which describes all the teaching learning arrangements in which the learner and the teacher are separated by space and time. In fact it is a mode of delivering education and instruction to learners who are not physically present in a traditional setting of a classroom. Transaction of the curriculum is effected by means of specially prepared materials (self-study (learning) materials) which are delivered to the learners at their doorstep through various media such as print, television, radio, satellite, audio/video tapes, CD-ROMs, Internet and World Wide Web etc. Also a technological medium replaces the inter-personal communication of conventional classroom based education that takes place between the teacher and the learners. Communication between the institution, teacher and learners is mainly through electronic media (telephone, interactive radio counselling, teleconferencing, videoconferencing, chat sessions, email, website etc) and also through postal correspondence and limited face to face contact sessions held at Study Centres that are set up by the DE institutions as close to the learners’ homes as possible.

Open Learning
Open learning, which covers a wide range of innovations and reforms in the educational sector that
Advocates flexibility to the learner with regard to entry and exit; pace and place of study; method of study and also the choice and combination of courses; assessment and course completion. The lesser the restrictions, the higher the degree of openness. The Open learning system aims to redress social or educational inequality and to offer opportunities not provided by conventional colleges or universities. Educational opportunities are planned deliberately so that access to education is available to larger sections of the society.
Thus, ODL is a term which accepts the philosophy of “openness” and uses the “distance mode” of learning

WHY?

ODL occupies a special place in the Indian higher education system because of its major contribution in enhancing the gross enrolment ratio and democratization of higher education to large segments of the Indian population particularly to reach out to the unreached and to meet the demands of lifelong learning which has become more of a necessity in the knowledge society.

The major objectives of DE system are:

 To democratize higher education to large segments of the population, in particular the disadvantaged groups such as those living in remote and rural areas, working people, women etc.  To provide an innovative system of university-level education which is both flexible and open in terms of methods and pace of learning; combination of courses, eligibility for enrolment, age of entry, conduct of examination and implementation of the programmes of study;
 To provide an opportunity for up-gradation of skills and qualifications; and
 To develop education as a lifelong activity to enable persons to update their knowledge or acquireknowledge in new areas.

HOW?

India has one of the largest DE systems in the world, second only to China. There are six types of
Institutions offering DE today:
 National Open University
 State Open Universities
 Distance Education Institutions (DEIs) at-
- Institutions of National Importance
- Central Universities
- State Universities
- Deemed to be Universities
- State Private Universities
 DEIs at Stand alone Institutions
- Professional Associations
- Government Institutions
- Private institutions
Historical Developments Five decades ago policy-makers realized the imperative need of DE in order to expand the base of higher education. With the expanding base at the elementary and secondary education levels, the demand for higher education had increased. The University Grants Commission (UGC) suggested in its report for 1956-1960 that proposals for evening colleges, correspondence courses and award of external degrees should be considered. The Planning Commission took serious note of such a need and in its Third Five Year Plan mentioned the need for the introduction of correspondence education in the country. In the light of the observations made by the Planning Commission the Central Advisory Board on Education recommended the setting up of an Expert Committee under the chairmanship of Dr. D.S. Kothari, the then Chairman of UGC, to look into the proposal of introducing correspondence courses. The Expert Committee recommended the institution of correspondence courses in view of the greater flexibility, economic viability and innovative methods of imparting education. The committee also suggested that correspondence courses in India should be administered by the universities only and in the first instance, by one University, viz., the University of Delhi as a pilot project.
 Thus was born in 1962 the University of Delhi’s School of Correspondence Courses and Continuing Education. Subsequently the Education Commission (1964-66), under the chairmanship of Dr. D.S. Kothari, also perceived correspondence education as an answer to the increasing pressure of numbers as well as the growing financial pressures on the universities.
 The next decade i.e. the 1970s saw the growth and spread of the Correspondence Education system in India, by more conventional universities opening Correspondence Course Institutes (subsequently renamed as Directorates of Distance Education/ Centres of Distance Education ).
 The opportunity of access, affordability and convenience offered by the DE system contributed to its increasing popularity and growth. But again the DE system was plagued by the rigidities of the Conventional system. The only flexibility was with regard to the larger number of seats. Education was still out of the reach of the marginalized and the disadvantaged. .It was realized that unless we open educational opportunities to the deprived, unless we remove the structural rigidities in our educational system and unless we integrate the educational system with developments in Communication technology, we cannot and will not make headway in realizing the uphill task of educating majority of the people and of catering to the diverse types of education that a modern society demands
 Against this background the government introduced the Open University system in the 1980s, with the objective to further democratize opportunities for higher education to large segment of the Indian population, particularly those for whom access was difficult or impossible such as those living in remote and rural areas, working people, women and other adults who wish to acquire and upgrade their knowledge and skills through studies in various fields.
 The Ministry of Human Resource Development in its National Policy on Education (NPE) 1986, gave prominence to an OU system as a means to “augment opportunities for higher education and as an instrument of democratizing education” Clearly, the vision was that OUs would be different from conventional universities.
 Thus a new chapter in DE system began with the establishment of Dr BR Ambedkar Open
University, Hyderabad in 1982, followed by the establishment of Indira Gandhi National Open University at the national level by the Parliament of India in 1985. The idea was accepted by many states and 1987 saw the emergence of two more Open Universities, namely, Nalanda Open University (NOU) Patna, Bihar and Vardhman Mahaveer Open University (VMOU), Kota, Rajasthan. Subsequently, Yashwantrao Chavan Maharashtra Open University (YCMOU), Nashik, Maharashtra was established in 1989.
 The major responsibility for the promotion and coordination of Open and DE was bestowed by the Parliament on the Indira Gandhi National Open University (IGNOU), instead of the UGC, the statutory authority for regulating higher education India. Thus IGNOU became a unique institution as it was entrusted with a dual role: of functioning like an Open University by offering programmes of education and training through distance mode and also acting as the promoter, coordinator of the Open and Distance Education system in the country and determining standards in such systems. To fulfil this particular mandate the Distance Education Council (DEC) was set up by IGNOU in 1991 as a statutory mechanism under IGNOU Act which became operational in February 1992. The DEC functioned within the broad framework, and the policies laid down by the Board of Management of IGNOU while enjoying a significant measure of autonomy in its operations.
 As per the mandate of the DEC and the NPE 1986, which was revised in 1992, the DEC started interacting with the State Governments for establishing the SOUs in the respective states. As a result of DEC initiatives several State governments established Open Universities. As emphasized in the NPE of 1986 and subsequently Programme of Action in 1992, the OUs adopted a radically different approach to reach the disadvantaged by adopting a variety of media and delivery channels for dissemination of information and knowledge. As a result of this they have been able to make a definite impact on society, and more Indians have access to higher education than ever before.
 The Distance Education Council (DEC) took several initiatives for promotion, coordination and maintenance of standards of open and distance education system in the country. DEC has developed guidelines for regulating the establishment and operation of ODL institutions in the country.
 In August 2010, the Ministry of Human Resource Development constituted a Committee under the Chairmanship of Prof. Madhava Menon in respect of regulation of standards of education imparted through distance mode.
 In view of the acceptance of the Report submitted by the Madhava Menon Committee by the Ministry of Human Resource Development (MHRD) and its recommendations for the creation of a new regulatory body for ODL system, the Distance Education Council of India (DECI). The Madhava Menon Committee also decided that as an interim measure, the DEC of IGNOU may be shifted to UGC.
 subsequently, the MHRD issued an order, dated 29th December, 2012, transferred the regulatory authority of distance education from IGNOU to UGC. Thereafter, IGNOU notified the repeal and deletion of Statute 28 of IGNOU Act and dissolution of DEC on 1st May 2013. UGC issued an order taking over the physical infrastructure of erstwhile DEC on “as is where is basis” and the staff working at erstwhile DEC on “deemed deputation basis”. This is an interim measure till such time an independent body namely Distance Education Council of India is created by the Parliament.

Monday 20 January 2014

When did you last Invest in Y-O-U?

Ask yourself “When was the last time I invested in Myself?”


This Investment could be to:
  • Enroll in a gym to get healthy,
  • Start an ‘eat well’ plan,
  • Learn to play the guitar/keyboard/something,
  • Pick up a professional skill.
If the answer is “I DON’T REMEMBER” then today is the day to make this investment.
Let’s examine your professional life in this context.  Considering that you are engineers or from similar professional education backgrounds.
Do you still remember:
  • The nights spent studying for engineering entrance examinations while still trying to get good scores in the class XII exams?
  • The tens of thousands of rupees and the umpteen hours spent in coaching  institutes?
  • The hours spent going through books that were way out of the syllabus of your  Std. XII curriculum?
  • The discussion with your friends around the strategy for each examination and the likely approach to get the best outcome. A lot of them probably did not succeed in the first attempt and spent yet another year trying to beat that system.
Life seems to make you comfortable to an extent that you forget that you had a goal for yourself and this comfort really is acting against getting you to that goal. Comfort is an enabling factor for inertia to set in, leading to no self-effort in making any kind of change to our lives.

If you don’t decide to get out of your comfort zones and embrace the future, the changes around you in business context over time will make you irrelevant. I cannot think of a better example than RIM (the makers of Blackberry) from the corporate world to underscore the point.
Today is as good a day as any to get on that journey of the goal you set out for yourself.

If you always believed in making a larger impact in the world of business, your first step is to understand the fundamentals of business through a management program.
Pick a program that :
  • allows you to learn at your own pace,
  • helps you learn in the context of the business you are in,
  • allows you to apply your learning as you learn, and
  • is aided by business leaders who act as coaches instead of professors, in a mode and at a cost that is palatable.

Wishing you and your loved ones Happy New Year 2014!