MBA is now a vocabulary for a common man as well. With the advent of technology and communication there are many types of MBA programs that are available worldwide: Residential MBAs, Executive MBAs, Distance learning MBAs, online MBAs etc. Executive MBAs are for those who already have more than three years of work experience. This type of MBA helps management executives to take a year’s break and pursue their education. Since these students already have so much of industry experience and possession of requisite skill sets, they do not need intensive two year training. Hence most of the executive MBAs globally are for one year.

There are so many B-schools and institutes that offer MBA distance education. Most of the curriculum that distance learning MBA offers is same as a traditional MBA. The only difference being that one does not have to actually attend classes and lectures. Distance learning MBA offers the advantage of acquiring an MBA degree sitting at home.