What is an executive MBA?
The Executive MBA, also known as the EMBA, is a postgraduate management program for professionals who are already in high-level positions. The Executive MBA program is designed for working professionals with extensive work experience who want to advance their careers. It is of shorter duration (15 to 18 months) and is frequently taught part-time.
To be admitted to an Executive MBA program, candidates must take entrance exams such as the CAT, XAT, GMAT, and others. Top business schools, such as the IIMs, offer campus placement to Executive MBA students. Eligibility for an Executive MBA requires a bachelor's degree with a minimum of 50% aggregate or equivalent from a recognized university, as well as at least two years of work experience. Executive MBA tuition ranges from INR 10 lakh to INR 40 lakh, which is slightly higher than the regular MBA program.
General Eligibility Criteria for Executive MBA:
The following are the basic eligibility criteria for EMBA admission:
Bachelor's degree: The applicant must have completed a bachelor's program at an accredited university with a minimum GPA of 50%. There might not be a minimum cutoff score for EMBA at some institutions.
Age Requirement: For an executive MBA program, certain B-schools may impose an age requirement of at least 25 to 27 years old.
Work Experience: The key requirement for admission to an EMBA program is work experience. Most of the time, applicants must have at least five years of full-time executive or management work experience. Each institute has a different minimum work experience requirement, expressed in years. Many other Indian institutions accept applicants with three to five years of experience, whereas ISB's PGPMAX Program requires applicants to have a minimum of ten years of professional experience. Only senior executives with 10–15 years of work experience are eligible for an EMBA from the majority of international colleges.
IIM Executive MBA Eligibility:
All of the best IIMs have some of the same prerequisites for their Executive MBA program. Here are some highlights of the primary requirements for an EMBA from any IIM:
A bachelor's degree or its equivalent from an accredited university is required of candidates. The majority of IIMs have a minimum 50% requirement on marks or an equal CGPA for a bachelor's degree.
The candidate's GMAT and GRE results must be current. The scores are good for a period of five years. For the GRE and GMAT, there is no set cutoff point because work experience is given the greatest weight. The mean score on the GMAT is 706 (out of 800), whereas the mean score on the GRE is 320 (out of 340). To admit students to their Executive MBA programs, certain IIMs further take into account the CAT/XAT or their own entrance exam.
As required by the specific IIM, the candidate must have at least three to five years of full-time job experience.
Written ability tests and in-person interviews make up the last stages of the selection process.
Admission Procedure
The Executive MBA admissions procedure often begins with an exam, which may be an entrance exam, a language exam, an essay writing test, a group discussion, or a personal interview. The descriptions of each step are as follows:
Entrance Exam: Typically, the GMAT or GRE score is used by B-schools to create a shortlist of applicants. A few Indian institutions either hold their own entrance exams or accept exams like CAT, XAT, NMAT, BAT, and EMAT. Depending on the requirements of the specific institute, the validity of these examinations ranges from two to five years. An Executive MBA admissions committee considers a GMAT score of 700+ to be good.
Language Test: Since most EMBA programs require study abroad, many universities provide exams such as the TOEFL, IELTS, or PTE. You must pass these exams with a high score if you want to pursue an Executive MBA at a foreign university. For non-US citizens, Kellogg School of Management, one of the top B-schools, has a minimal cutoff score of 100 on the TOEFL or 7 on the IELTS. Prominent Indian universities such as ISB and IIMs require candidates to complete English proficiency exams because they are involved in exchange programs.
Group Discussion and Essay Writing: As part of their screening procedure, several institutes use group discussions or essay writing assignments. These assessments are meant to gauge a candidate's general awareness and communication abilities. The essay-writing exam provides the evaluators with an opportunity to gain insight into the candidate's goals, desires, and background. Essay writing is a requirement of international universities' application processes. In a similar vein, in addition to the application, Indian B-schools want a SOP (Statement of Purpose).
Personal Interview: The final and most important step of the selection process is the personal interview. The interview panel typically assesses the candidate's personality at this round. The interviewers question the candidates about their future plans, aspirations for their careers, and possible value to the EMBA program.
Letters of Sponsorship/Recommendation: Most B-schools, both domestically and internationally, require a minimum of two recommendation or reference letters from the applicant. These could come from the applicant's present or prior jobs. If the candidate's organization is funding their EMBA program, they must provide the sponsorship letter from the company.
GMAT vs CAT
|
Parameter
|
GMAT |
CAT |
| Sections |
Analytical writing (AWA), Quantitative reasoning (QR), Verbal reasoning (VR), Integrated Reasoning (IR) |
Data Interpretation and logical reasoning (DILR), Verbal ability and reading comprehension (VARC), Quantitative Ability (QA) |
| No. of Questions/ Time limit |
– 31 Questions / 62 Minutes VR – 36 Questions / 65 Minutes IR – 12 Questions / 30 Minutes AWA – 1 Question / 30 Minutes- 80 Questions in total QR |
100 Questions in total VARC – 34 Questions / 60 minutes DILR – 32 Questions / 60 minutes QA – 34 Questions / 60 minutes |
| Test Duration |
3 Hours and 7 Minutes |
3 Hours |
| Adaptiveness |
Question adaptive |
Not adaptive |
| Score Reporting |
Absolute score (Out of 800) and percentile score reported |
Only the percentage score reported |
Executive MBA Application Deadlines
|
Exam Name
|
Application Period |
Exam Date |
| GMAT |
Throughout the year |
Throughout the year |
| GRE |
Multiple times in a year |
Multiple times in a Year |
| CAT |
August 2, 2023–September 21, 2023 (5 PM) |
45256 |
| XAT |
July 15, 2023 – November 30, 2023 |
45298 |
Types of executive MBA
Full-Time Executive MBA
Executive MBA full-time is a one-year program designed for professionals with around four years of experience, typically offered on-campus. The program aims to enhance managerial skills and refine executives' abilities for effective management. It is best suited for students with strong IT knowledge, intelligence, analytical thinking, and managerial skills, and is designed by senior industry experts to refine their abilities for higher-level positions.
Part-Time/Weekend Executive MBA
Part-time Executive MBA classes in India are held on weekends or weekdays, allowing students to continue working while learning without taking a break from their jobs. Some universities set specific lengths for Executive MBA programs, while others allow students to complete the degree in three to five years.
Distance/Online Executive MBA
The Distance Executive MBA course in India offers a two-year curriculum for professionals who have a bachelor's degree and are employed in a conventional mode. This course focuses on improving leadership skills and specialties, allowing professionals to complete their studies without missing work. The main subjects taught include Management, Finance, Marketing, and Leadership, ensuring that professionals can advance their professional chances.
Executive MBA Syllabus
The Executive MBA course follows a similar syllabus to a Regular MBA, but with a more focused approach. It includes core and elective subjects, allowing candidates to choose specialisation. The program offers practical and academic expertise in various topics, such as operations management, financial accounting, strategic leadership, marketing management, and human resources management.
Semester Wise Syllabus is Given Below :-
|
Semesters
|
Topics |
| Semester 1 |
Operations Management |
| |
Marketing Management |
| |
Managerial Economics |
| |
Human Resource Management |
| Semester 2 |
Decision Sciences |
| |
Financial Management |
| |
Financial Reporting and Analysis |
| |
Organisational Behaviour |
| Semester 3 |
Sales Management |
| |
Macroeconomics |
| |
Project Management |
| |
Designing Organisations |
| Semester 4 |
B2B Marketing |
| |
Entrepreneurial Learning |
| |
Product Management |
| |
Corporate Strategy and Policy |
Best Colleges for Executive MBA
FMS Executive MBA
FMS Delhi offers a two-year executive MBA program. Weekday classes are held in the evening, which makes the program more convenient for working professionals to attend. Saturday classes typically last longer. To finish the course, students will need to earn 112 credits. Three categories, such as core courses, electives, and open electives, can be used to categorise the complete curriculum.
Average Fee - INR 2 lakh
XLRI Executive MBA
At XLRI, the Management Development Program is known as the Executive MBA. The MDP is made to offer the greatest information possible in light of the evolving demands of the commercial and professional worlds. It takes a wide approach to enhancing South Asian and Indian management systems.
Average Fee - 21.70 lakh
SP Jain Executive MBA
For those aspiring to an executive MBA, SP Jain provides PGPM courses. The 18-month curriculum consists of two months of online study, four months of corporate training, and twelve months of on-campus instruction. The curriculum is intended to help people advance to more broad responsibilities in general management by providing them with a strong domain expertise.
Average Fee - INR 12.20 Lakh
IMT Ghaziabad Executive MBA
IMT Ghaziabad offers an AICTE-approved and AACSB-accredited Executive MBA program known as the PGDM-ExP. Along with advanced managerial skills, the students also receive training in AI, ML, Fin-tech (Crypto and Blockchain), Consultancy, and Negotiations.
Average Fee INR 19.5 Lakhs
Symbiosis Executive MBA
The Symbiosis Executive MBA program is intended for working professionals who have reached a more advanced stage of their professions. Students will grow and develop as a result of this program's assistance in developing a deeper and better understanding of business in general.
Average Fee - INR 6.70 lakh
ISB Executive MBA
ISB's executive MBA program is known as PGPMAX. This executive MBA program is the only one in the Global Top 50 of The FT EMBA 2022 Ranking. This program is designed for managers and professionals with 10 to 25 years of experience. This curriculum broadens the batch's pre-existing talents. It highlights the most recent management and industry trends. After finishing this course, students will be able to pursue more options.
Average Fee INR 30.26 lakh
NMIMS Executive MBA
NMIMS Executive MBA is designed to help students grasp Accounting, Finance, Economics, Operations, and other essential business courses. After completing this course, students will be able to address complicated business problems. Students learn about contemporary management ideas and approaches through exams, case studies, projects, and simulations.
Average Fee - INR 4.75 lakhs
IIM Executive MBA
IIM Calcutta Executive MBA
The Executive MBA program at IIM Calcutta is triple-accredited by AACSB, AMBA, and EQUIS. It is one of only five colleges in Asia with triple accreditation. It offers a stimulating learning atmosphere with a healthy balance of experienced and young workers.
Average Fee - INR 29 Lakhs
IIM Indore Executive MBA
The Executive MBA program at IIM Indore is a one-year residential program designed for experienced professionals who want to better their management skills and capabilities. The Association of MBAs, EQUIS, and AACSB have all granted accreditation to the college.
Average Fee - INR 22.11 Lakhs
IIM Ahmedabad Executive MBA
IIM Ahmedabad offers a one-year Executive MBA program. This program has a capacity of 140 students. In order to be admitted to IIM Ahmedabad for an executive MBA, students must have GRE/GMAT results.
Average Fee - INR 30 Lakhs - 32 Lakhs
IIM Bangalore Executive MBA
The top Executive Program in India is offered by IIM Bangalore. It has received numerous awards, most recently from the QS Global Executive MBA Rankings 2022, where it was named the best executive MBA program in India. To apply for the IIM Bangalore Executive Program, students must be graduates.
Average Fee - INR 29 Lakhs
When should you go for an Executive MBA?
- After at least 5 years of professional experience, an executive MBA is completed. This is crucial since in order to lead in the sector, field experience is required.
- Students must have a thorough understanding of any industry.
- The individual must have the confidence to hold managerial or other leading positions in the company.
- Students must be self-assured and prepared to take on managerial responsibilities.
- Executive MBAs are expensive, so only pursue this course if you have the financial resources. Otherwise, if funds are scarce during the course, it becomes quite tough.
Benefits of Pursuing an Executive MBA
Prepares and improves your management skills
Executive MBAs offer a comprehensive curriculum with case studies and industry insights, enhancing project and people management competency. They challenge candidates to apply their experience to understand their roles, encourage strategic thinking, and improve problem-solving approaches. These programs help individuals align their learnings and experience with their professional journey, enhancing managerial and off-work skills.
Improves your alignment with the goals of your company
Many companies sponsor executive MBAs for high-ranking employees, with the company benefiting from the degree. Many companies make it mandatory for employees to work a certain number of years after receiving their MBA. The newly acquired skills benefit the company, leading to a high return on investment.
Boosts Your Network
The executive MBA cohort is a top-tier corporate group, providing a platform for networking and gaining insights from top professionals. This network includes managers from various industries, allowing for discussions on business problems and the exchange of ideas. This broadens connections with resourceful professionals, enabling future reference and learning from them.
Provides an Immersive Environment
Students pursuing an executive MBA program must participate actively both on and off campus. It is anticipated that they will participate in a variety of events and get totally engrossed in campus life. Even for executive MBA programs that provide weekend seminars, students are frequently urged to apply what they learn in the workplace at the same time.
It gets you ready for a promotion
Your chances of getting promoted are increased if you complete an executive MBA program at a reputable university. Businesses recognize and value the contributions that executive MBAs make, and they pay appropriately. Not only do other market participants recognize this added worth when you earn an EMBA degree, but also your company. Companies frequently provide a variety of benefits in addition to a substantial pay increase in an effort to keep staff. Essentially, earning an EMBA propels you to the top of the executive ladder and strengthens your standing inside the organisation.
Difference Between Regular MBA And Executive MBA
- The primary distinction between an Executive MBA and an MBA is the degree of absorption in graduate school and the tailoring of coursework for a more seasoned cohort of students.
- Due to their rigorous, full-day schedules, MBA students find it difficult to hold down a job outside of the school.
- Although this can result in less interaction on campus, executive MBA students usually attend classes on Fridays and weekends while maintaining their full-time employment.
MBA Executive Jobs:-
While the working class typically pursues an Executive MBA, those who enrol in this program not only have excellent professional prospects but also have the opportunity to advance within their field. Enrolling in an Executive MBA program gives students access to a wide range of well-paying career options, including campus placements with prestigious corporate firms.
|
Job Profiles
|
Average Annual Salary (in INR) |
| Sr. Human Resources (HR) Manager |
INR 6 lakh - 7 lakh |
| Human Resources (HR) Business Partner |
INR 7 lakh - 8 lakh |
| Senior Human Resources (HR) Generalist |
INR 4 lakh-5 lakh |
| Consultant, Human Resources (HR) |
INR 6 lakh-7 lakh |
| Human Resources (HR) Officer |
INR 8 lakh-10 lakh |
| Human Resources (HR) Director |
INR 12 lakh-13 lakh |
| Vice President (VP), Human Resources (HR) |
INR 15 lakh-18 lakh |
| Human Resources (HR) Administrator |
INR 16 lakh-17 lakh |
| Sr. Human Resources (HR) Business Partner |
INR 18 lakh-20 lakh |
Frequently Asked Questions (FAQs):-
What age is ideal for pursuing an Executive MBA?
Ans. Students who want to pursue an Executive MBA must meet a minimum work experience requirement in order to be eligible. Five to ten years of job experience is typically needed. As a result, the pupils' ages increase somewhat. The average age of students at most IIMs is thirty years old.
How much work experience is required for an Executive MBA?
Ans. While five years is the standard, some institutes require up to ten years. However, some institutions even accept two years of job experience.
What kinds of questions are asked during an executive MBA interview?
Ans. The primary topics of discussion during the interview are your personality and how you react to urgent situations. Your aptitude skills and other variables, such as attitude, can also be verified by the interviewer.
Is there a comparable value between an Executive MBA and a Full Time MBA?
Ans. The Executive MBA and Full-time MBA programs serve distinct purposes. Full-time MBAs provide advanced business insights, while Executive MBAs are beneficial for professionals seeking to enhance their skills in their current jobs.
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