distance education is a great value addition for working people, and it demonstrates hard work and is definitely looked upon very favourably by employers. If an internal job/promotion requires mba certainly distance mbas are not only taken into consideration but sometimes often preferred. The only issue is the quality of network. A sikkim manipal distance will give you a link with sikkim manipal alums - how much will that help? In one of my ex orgs (financial services), people studied mba/masters distance from icfai, and later on got decent internal promotions. these people really enhanced their accounting/finance technical knowledge, became more confident, and were actually more competent than the cohort of really fancy fulltime finance mba recruits brought in sometime later - the fancy mbas had big egos and often struggled with basic stuff.
The other most important thing besides networking is Work-ex - hr people and recruiters are much more concerned about quality of work-ex than where degrees came from!
(disclaimer - I am a Chartered Accountant - did no mba nor affiliated to any school)
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i am doing 2 year PGDBA - HR (distance) from Symbiosis. total program cost excluding exam fee is 30k.
details here:
http://www.scdl.net/scdl/ProgramTypeListing.aspx?Type=1
if your friend is in Finance field better do
CMA -6 months certification. you can find the details here:
http://www.imanet.or...tification.aspx
Its an international certification and my friends are doing this. they said it helps them getting promotion/ salary hike!!. it has weekend clases and exam will be held outside india. total cost must be around 2 lakhs including exam/abroad travel, etc...
The CMA is good - as is any other accounting qualification. Most of the better jobs in finance in india or abroad usually state "any accounting qualification" - which means either of CA (indian or any other), ACCA, CPA (us, aussie, or any other), CGA, AICWA, CIMA, CMA etc. or they ask for a CA/CPA/ACCA/CGA (financial accounting) background. CMA/CIMA (pure management accounting) jobs are more prevalent in advanced industrialised economies. All the above can be studied via distance, and are very prestigious and top notch - no ambuigities at all about their quality. CFA is good for asset management jobs and very prestigious as well, but is different in scope from accounting qualifications and mbas. Its very niche and nowadays, more supply of cfas than what the market demands. Best to be had along with mba/accounting qual. All the above are extremely difficult to pass.
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