Executive MBA In India
The Executive MBA is a postgraduate management programme designed specifically for working professionals who want to improve their managerial skills in their industry or field of expertise to be able to adapt to the quickly changing business environment and remain competitive in the job market. The Executive MBA program’s course curriculum is not significantly different from that of the regular MBA programme. However, each of these courses is intended for a distinct group of learners with distinct requirements.
Executive MBA courses typically last 15 to 18 months and are taught in part-time settings since they are intended for people with substantial job experience. The advantage of choosing the former is that the employer firm often offers financial aid by sponsoring its workers for the training, even if the costs of an Executive MBA curriculum (Rs 10 lakh to Rs 40 lakh) are higher than those of a regular MBA programme.
Global acceptance of the Executive MBA has grown over time. Today, more graduates choose to take the best Executive MBAs in India rather than a Regular MBA since it provides them with a competitive advantage after working for a few years. Their professional profile is bolstered by prior employment experience. Furthermore, premier B-schools like the IIMs locate their Executive MBA students on campus. After completing the Executive MBA programme, an average salary of Rs 13 lakh and beyond is provided.
Executive MBA Eligibility
The requirements for an Executive MBA are comparable to those for a Regular MBA. There is just one difference: job experience, which is heavily weighted throughout the hiring process. Below are the essential requirements for admission to the Executive MBA programme:
- Any applicant who has earned a bachelor’s degree from an accredited institution with a minimum cumulative grade point average of 50%. There is often no minimum score requirement for admission to the Executive MBA programme.
- The applicant must have at least two years of managing or executive-level job experience. Any MBA institution will not accept part-time work experience.
- Each institution has a different average of working years, or job experience, ranging from two to five years. Before applying, the applicant must review the admission requirements for their top-choice business schools.
Executive MBA Course Syllabus
The Executive MBA course curriculum is quite similar to the Regular MBA programme syllabus. The subjects are only taught differently in Executive MBA since they are more narrowly focused. The curriculum offers both core and optional studies, giving the individual the option to specialise if they so want.
The Executive MBA’s course offerings and schedule are not significantly different from those of the two-year Regular MBA. The fundamental themes are the same, but the total course material or curriculum is structured in a more sophisticated way to meet the knowledge requirements of the Executives who are at the mid-senior level of an organisational hierarchy. Given that the course lasts a whole year, the speed of instruction is also faster. The curriculum is more engaging, and there are fewer electives available to Executive MBA students. In the classroom, the case method of learning is primarily used. Through case studies and debates, the students’ experience is used in the classroom.
Job Profiles & Top Companies
The need for an Executive MBA is growing. More employers are now interested in MBA graduates with job experience, according to placement statistics for EMBA programmes at leading B-schools.
The average pay provided to graduates of executive education programmes at IIMs and other top B-Schools is Rs 13 lakh per year and higher. Owners of executive MBAs are most qualified for senior-level management, consulting, and entrepreneurial positions. Such applicants are sought after for senior management positions in industries including marketing, finance, human resources, sales, digital marketing, IT, operations, business analysis, insurance, banking, consulting, etc.
People Also Ask
Q. Is an executive MBA equivalent to MBA?
Typically, graduates of EMBA and MBA programmes get the same diploma. Although some schools could distinguish between the two by adding “executive” to their EMBA degrees, the majority of prestigious colleges don’t do so since the main material is the same across programmes.
Q. Is it worth doing an executive MBA?
Professionally speaking, an executive MBA is just as valuable as a regular MBA since it always positions you for advancement. An EMBA has a greater effect on one’s professional life.
Q. What is the salary of an executive MBA?
The typical compensation after an Executive MBA is between Rs 5 LPA and Rs 8 LPA. The organisation’s compensation plan heavily depends on the student’s abilities, knowledge, and experience.
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