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Lovely Professional University Distance MBA Program - Good or Bad?

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About Lovely Professional University Distance MBA Program - Good or Bad?

Introduction 

In the post-globalization period, there is a huge demand for manpower with an MBA degree to meet the needs of manufacturing and service organisations and also be able to improve the managerial skills of budding entrepreneurs who may not be professionally qualified. The workforce already employed in manufacturing and service organisations that do not hold an MBA degree is further required to upskill. The MBA aims to equip graduates with knowledge related to the core areas of business; to provide graduates with the theoretical frameworks and analytical tools necessary to manage a modern enterprise successfully; to ensure that graduates are equipped to act professionally and ethically in their chosen field; ensure that graduates can add significant value to their organisations. The question is, is LPU distance MBA good or bad? In this blog, we will find out whether to pursue a distance MBA from LPU or not. 

About Lovely Professional University Distance education 

LPU Distance University is a UGC-DEB-recognized university and offers various courses to its students. It is a part of a lovely professional University and offers distance learning courses for students who cannot attend regular courses. The university offers a variety of courses in engineering, management, business, arts and humanities, law and health sciences.

LPU Distance University has experienced and qualified teachers who provide quality education and guidance to incoming students. The quality of education provided by this university is evident from its NAAC A++ rating. The university also provides students with various online resources including e-books, video lectures and interactive discussions.

The university provides various online resources to help students with their studies, including the LPU e-connect platform. The platform provides resources for students to connect with professors and other students. It also helps students track their progress, stay informed about the latest academic developments and participate in online discussions.

LPU Distance MBA specializations 

LPU Distance Education offers both Single and Dual Specialization in the MBA Program.

MBA specialisations offered by LPU in distance mode are listed in the following table:

Human Resource Management

Finance

Marketing Management

Data Science

Operations Management

International Business

Information Technology

Digital Marketing

Business Analytics

 

LPU Distance MBA fee structure

If paid per semester 

If paid annually 

If paid lump sum 

 

₹ 15,500 per sem.

₹ 29,000 per annum

Total Fee: ₹ 54,000 (all sem.)

 
 

Programme Fee: ₹ 14,000

Programme Fee: ₹ 26,000

Programme Fee: ₹ 48,000

 

Exam Fee: ₹ 1,500 (per sem.)

Exam. Fee: ₹ 3,000 (per annum)

Exam. Fee: ₹ 6,000

 

Total Fee: ₹ 62,000 (all sem.)

Total Fee: ₹ 58,000 (all sem.)

(which comes out ₹ 13,500 per sem.)

 

 

Fees payment method 

Course fees will be accepted in online mode on the LPU e-Connect portal. Debit card / credit card / UPI / wallet / net banking etc. Please DO NOT pay in cash. The University assumes no responsibility for any cash payment at any location.

LPU Distance MBA eligibility criteria 

To learn the distance MBA from the lovely professional university candidates must have a bachelor's degree in any field from a recognised university. 

Lovely Professional University Distance MBA syllabus


Lovely Professional University Distance MBA Curriculum is mentioned in the below table. 

Semester 

Syllabus 

1st semester 

FINANCIAL REPORTING, STATEMENTS AND ANALYSIS

MANAGERIAL ECONOMICS

INTERNATIONAL BUSINESS ENVIRONMENT

MARKETING MANAGEMENT 

ORGANISATIONAL BEHAVIOUR AND HUMAN

RESOURCE DYNAMICS

2nd semester 

CORPORATE FINANCE

OPERATIONS MANAGEMENT AND RESEARCH

BUSINESS ANALYTICS

RESEARCH METHODOLOGY

LEGAL ASPECTS OF BUSINESS

COMMUNICATION FOR LEADERS

3rd semester 

DISCIPLINE SPECIFIC ELECTIVE I 

DISCIPLINE-SPECIFIC ELECTIVE II

DISCIPLINE-SPECIFIC ELECTIVE III 

CORPORATE STRATEGY AND ENTREPRENEURSHIP

GENERIC ELECTIVE I

4th semester 

DISCIPLINE-SPECIFIC ELECTIVE IV

DISCIPLINE-SPECIFIC ELECTIVE V

DISCIPLINE-SPECIFIC ELECTIVE VI

GENERIC ELECTIVE II

CAPSTONE PROJECT

LPU Distance MBA Admission Process 

The admission procedure at LPU Distance takes place both online and offline. The new admission cycle takes place twice a year – January and September. There is no entrance exam for the admission procedure. Admission is done either on the basis of eligibility criteria or based on merit. The steps to apply for admission to LPU Distance 2024 are as follows: 

  • Visit the official website of the University and click on the 'Apply Now' tab.
  • Now download the prospectus and start filling out the application form available in the prospectus. In the case of the online format, fill out the application form which is available on the online admission interface.
  • After completing the application, upload all the necessary documents in the prescribed format and size.
  • Finally, pay the required amount to secure your admission slot.
  • After the application process is completed, the final application is made.
  • The admission form can be submitted in online mode and also in offline mode by post, courier or in person at the university.

Career option after completing distance MBA from Lovely Professional University

The Master of Business Administration MBA distance learning course has long been seen as a path to success in the business world. But what comes after completing an online MBA? We have listed some of the various and promising career options that will be available to those who have earned an MBA from Lovely Professional University. Read all the career options and choose the best one for you!!

  1.  Entrepreneurship: For those with an entrepreneurial spirit, a distance-learning mba can be a valuable asset. Online MBA programs often include courses in entrepreneurship, innovation, and business development that provide the knowledge and skills needed to start and run a successful business.
  2. Finance and Investment Banking: Finance is a popular major in MBA programs, and graduates of online MBAs with a concentration in finance can explore opportunities in investment banking, financial analysis, asset management, and corporate finance. 
  3. Marketing and Brand Management: Marketing is another specialisation that can lead to exciting career prospects. Graduates can pursue roles in brand management, digital marketing, market research and advertising. The knowledge gained in marketing courses during the MBA program can be used to create and execute effective marketing strategies.
  4. Technology Management: Technology is at the heart of modern business transformation. MBA students with a degree in technology management can find jobs in technology consulting, IT project management or innovation management, helping organizations leverage technology to achieve good results.
  5. Government and Public Policy: Some MBA graduates choose to apply their business knowledge to the public sector. They may work in government agencies, public policy think tanks, or as consultants contributing to the development and implementation of effective public policies and government initiatives.
  6. E-commerce and store management: As e-commerce grows, professionals who understand online sales strategies, customer behaviour and digital marketing are needed. An MBA with a concentration in e-commerce or retail management can lead to roles in online retail companies or traditional brick-and-mortar retailers transitioning to a digital outlook.
  7. Energy and environmental management: affordability and energy efficiency are the main priorities of businesses today. MBA graduates with expertise in energy and environmental management can work in roles related to sustainable business practices, renewable energy or environmental consulting. 

LPU Distance MBA placement 

LPU's placement support services are designed to enhance students' abilities, increase their awareness and motivate them to acquire additional skills beyond subjects as per job needs.  Goes the extra mile to provide its students with the right jobs by conducting highly effective job searches. These events provide students with the opportunity to interact with potential employers, showcase their skills and secure a promising career.

Business Today ranked LPU among the "Top 100 Private Public Universities in Career Performance". The university also received the 2020 National Employability Award from Aspiring Minds for the seventh year in a row. Additionally, the Research Institute rated LPU 10. the best ranked educational institute in India in 2019”.

LPU conducts courses under Placement Enhancement Program (PEP) where students are trained in aptitude, reasoning, soft skills and interview skills from the beginning of the course to the placement.

Conclusion 

The Lovely Professional University Distance MBA program offers benefits and considerations. It allows professionals to learn anywhere at their own pace. The curriculum covers essential functional subjects such as finance, marketing and business, preparing students for a variety of career paths. But like any distance learning program, self-discipline and time management are essential. Students miss out on personal connections and networking opportunities that are characteristic of traditional MBA programs. Evaluating program acceptance, faculty support, and alumni feedback is important to determine if it is a good fit with career goals and academic priorities.

FAQ

Is the LPU Distance degree valid?

Yes, LPU Distance degree is valid as it is approved and recognized by UGC-DEB.

Is the ODL degree valid for government positions?

Yes, an ODL degree is considered equivalent to a government job.

Is a distance learning degree equivalent to a regular degree?

Yes, the distance learning program is equivalent to the regular study program.

Does LPU Distance offer placement assistance?

Yes, LPU Distance has partnered with various companies to offer placement support to enrolled students.

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