Online and Distance MBA in Business Economics is a post-graduate degree program focusing on the components of economics and business as a specialisation. This 2-year-long degree program is a flexible approach to higher education that supports individuals to develop expertise in business economics while balancing work commitments and personal obligations simultaneously. The Online & Distance MBA curriculum in business economics includes a combination of marketing, Finance and strategy, integrated with Economic principles such as Econometrics, microeconomics and macroeconomics.
The program provides in-depth knowledge and practical skills of relevant Business Economics concepts through a 24/7 available learning management system and 100% accessible e-Learning resources. Online/Distance MBA in Business Economics is ideal for working professionals as it allows them to increase their career-specific skills and enhance career opportunities without compromising their current earning process. Online & Distance MBA in Business Economics is a professional education course that develops a variety of career-specific skills for broad career options in different industries for graduates.
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Experience
Online and Distance MBA in Business Economics include core subjects such as managerial economics, quantitative methods and business environment with electives based on individual preference such as accounting, HR management, strategic management, finance and marketing.
Course Name | Online/Distance MBA in Business Economics |
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Course Duration | 2 Years |
Course Level | Post-Graduation |
Mode of Education | Online |
Eligibility Criteria | The bachelor's degree from a recognized university with 45-50% accumulated marks |
Admission Process | Online |
Semester Wise Subjects Details |
Semester I
Semester II
Semester III
Semester IV
|
Online/Distance MBA In Business Economics Management Fee Range | ₹ 1 Lakh - 2.5 Lakh |
Starting Salary Range | ₹ 3.6 LPA - 12 LPA |
The eligibility criteria for a Online/Distance MBA in Business Economics Course include- Candidates should have a Bachelor’s Degree in any relevant discipline, such as business administration, finance, economics, etc. From a recognised University, Candidates must have scored a minimum of 50% accumulated marks during their Bachelor’s Degree and decent proficiency in the English language. Some specific institutes may also ask for work experience in a relevant field for admission to an Online & Distance MBA and business economics, Candidates need to have knowledge of English language A particular Online & Distance MBA program may require students to clear an entrance exam like GMAT, MAT, XAT, CMAT, etc.
An entrance exam is mandatory to clear for admission in some specific Online and Distance MBA programs in the Business Economics format of particular Colleges. An entrance exam is utilized by colleges and universities to evaluate the capabilities and potential of candidates for the program and select the individuals fairly. The popular and commonly accepted entrance exams for Online/Distance MBA in business economics courses are CAT, SNAP, CMAT, MAT, XAT, etc. These entrance exams are held on different dates throughout the year, and individuals can clear an entrance exam based on their career goals and preference or based on the selected University's policies. By clearing an entrance exam, candidates can reflect on their efficiency, and it also helps institutions towards quality assurance and maintaining a high standard of academic excellence.
The cut-off marks can be defined as the minimum scores set by the institution for the admission of candidates in the program. Cut-off marks are the minimum scores required by candidates in their Bachelor’s Degree or entrance exam to qualify for an Online and Distance MBA in business economics. The cut-off marks of CAT depend on the University policies and academic standards of the program.
A broad career scope is available for graduates of an Online & Distance MBA in Business Economics in diverse fields. The well-paid and popular career opportunities after completing a Online & Distance MBA in business economics are management consultant, economic forecaster, financial analyst, market researcher, pricing analyst, Global business manager, entrepreneur, manufacturer, logistics manager, healthcare manager, retail manager, IT manager and several public sector roles. Top companies in India that offer high salary prospects and secure tenure for Online & Distance MBA graduates include ICICI Bank, Wipro, HDFC Bank, TCS, Flipkart, Samsung and many more. An Online & Distance MBA graduate in business economics can earn between ₹ 4 to 10+ lakh per annum, depending on their experience, specific role, type of organisation and skills.
Distance MBA in Business Economics Job Profiles | Job Description (Responsibility) | Average Salary |
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Business Analyst | Analyze business operations, interpret market trends, and provide economic insights for decision-making and strategy development. | ₹ 6–8 LPA |
Economic Consultant | Offer expert advice on economic policies, pricing, and market impact for corporations or governments. | ₹ 7–10 LPA |
Financial Analyst | Evaluate investment opportunities, perform cost-benefit analysis, and create economic forecasts for financial planning. | ₹ 5–9 LPA |
Market Research Analyst | Conduct market trend analysis, gather consumer data, and use economic models to recommend marketing strategies. | ₹ 4–6 LPA |
Strategy Consultant | Guide organizations on optimizing economic strategy, cost structures, and revenue generation through data-driven insights. | ₹ 8–12 LPA |
Data Analyst (Economics) | Interpret large economic datasets, generate predictive models, and support business intelligence teams with economic perspectives. | ₹ 5–8 LPA |
Top Recruiters |
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McKinsey Company |
Goldman Sachs |
Deloitte |
NITI Aayog |
RBI (Reserve Bank of India) |
Ernst & Young (EY) |
ICICI Bank |
Hindustan Unilever |
Fractal Analytics |
CRISIL |
Neev is one of the best Educational organisations that support online students and Online learners throughout the admission process in their preferred course and college, depending on their academic record and professional endeavours. Neev provides complete guidance and assistance to the students to enroll in the Online & Distance MBA Business Economics efficiently.
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.
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.
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
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.
The University will then verify your documents and send you a confirmation mail regarding your admission, along with the login credentials to access your learning management system (LMS).
Popular Online & Distance MBA Colleges in India offer a high rate of successful placements for graduates in business economics in top IT companies and other relevant industries. The placement opportunities are provided by Online & Distance MBA Colleges in the form of internship projects and off-campus placements, and ensure decent salary prospects and growth potential for individuals.
Colleges | Average Package |
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Amrita Ahead | ₹ 8.11 LPA |
Manipal University Jaipur | ₹ 4–8 LPA |
IGNOU | ₹ 3–7 LPA |
Amity University | ₹ 4–12 LPA |
Birla Institute of Management Technology | ₹ 6–10 LPA |
Career scope is available for graduates in distance MBA in business economics in areas like management consultation, economic forecasting, market research and financial analysis.
A graduate in distance MBA and business economics can perform several job roles like consultation, forecasting, market research, business management, manufacturing, entrepreneurship etc.
The suitable stream for distance MBA in business economics graduates depends on their skills and professional goals. They can select any history based on their knowledge and academic endeavours.
The salary range for a distance MBA graduate depends on their skills and knowledge in the particular field; however, Business Economics, Information Technology and business analytics offer high salary prospects.
Requirements for a distance MBA in business economics include a Bachelor’s Degree with a minimum of 50% marks from a recognised University.
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