The global economy has expanded manifold and is constantly throwing up both challenges and opportunities. The present business environment requires effective executive who combines theoretical knowledge with practical problem-solving skills. The need is for talented people with adequate corporate experience, excellent cross-cultural skills and an awareness of the emerging global business scenario.
The Executive MBA program was created in response to these needs. It aims to develop executive who can meet the emerging and, in some cases, unforeseen challenges of global business. The program curriculum designed by various colleges and universities emphasizes practical problem-solving and the development of cross-cultural skills. Courses and course modules aim to improve communication, team-building and leadership skills.
It is designed specifically to enhance the careers of working business professionals, managers and executives. The EMBA is usually geared towards professionals who are looking to update the general management skills and prepare themselves for career advancement opportunities.
It is the target of the professionals who discharge functions from the hot seats of executives or managers in a different public sector or private sector industries or companies.
The talented professionals want to avail EMBA courses from prestigious management schools located in India or abroad. The executive or managers of several organizations take a chance to exchange their views, opinions and ideas as students of the EMBA course in any university or institute.
They are benefitted from the valuable lectures delivered by the best of the management teachers. The intensive theoretical studies and exposure of the practical experiences help them to develop with greater potential in business management. The environment of innovative ideas and creative outlook changes them into worthy executives or managers to face dynamic challenges of the present world.
One-year Executive MBA program: This is a very compact program condensed into a tight schedule, tailored especially for the remarkably talented management professionals who show potential for excellent managerial capacity. This is a full-time course. ISB, SP Jain, Great Lakes are some of the top institutes that offer this program.
Two-year Executive MBA program: This course can be a full-time or a part-time MBA program.
Correspondence Executive MBA program: This program is for professionals who can't afford to leave their jobs to pursue a full-time MBA program. IGNOU is one of the best universities in India offering this kind of course.
Online Executive MBA program: Virtual learning is becoming increasingly popular in India. XLRI has evolved a 12 months consolidated program in 'Business Management'. The program aims to provide an opportunity to study and earn a Postgraduate Certificate in Business Management (PGCBM) while working. The program is being offered by XLRI in collaboration with its technical partners in a virtual classroom.
Note: The IIM's have also collaborated with NIIT Imperia and Hughes.net to provide working executive a chance to upgrade their management skills. They are aimed at the best of working professionals who are motivated and serious about self-development and are prepared to put in time and effort.
The students, who go for a course of two or three years, go through general management in the first two semesters. They cover finance/human resource/market etc as specialization papers during the rest of the semesters. The seasons are divided into semesters, each of six months span. The last semester is usually for a project work.
It is a must to obtain approval from the respective companies for securing an EMBA degree. One must not quit the job till the EMBA courses have not finished.
Specialization or Uplifting: The Executive MBA program is one of the most prestigious edification curriculums in India. Professional individuals who are already in the ranks of executives/managers/high officials in any industry /organization target this course for specialization or uplifting.
Not a refreshers course: The Executive MBA curriculums should not be regarded as refreshers' course. The program includes lecture sessions which are graced by world-famous management teachers for the best benefit of the highly equipped persons in the managerial professions. The professionals exchange their views and experiences. Study of specific cases is another important part of the Executive MBA edification.
The Best Institution: IIMs (Indian Institute of Management) is regarded as the best of the institutions for the Executive MBA edification. There are, of course, several other top-ranking institutes in India which offer world-class programs for the genuine aspirants.
It allows the working professionals to retain their jobs at the same time complete with their MBA degree.
In executive MBA course, students come from very diverse backgrounds with lots of work experience. These shared work experience serves as the best form of case study and helps in inter learning amongst candidates.
Executive MBA candidates tend to learn faster having faced real-life hurdles in their jobs. Each executive MBA candidate is a case study in himself or herself.
Executive MBA, unlike the normal MBA program, offers niche specializations that help executives to know in and out about their specific domains. Hence, these courses are much focused.
Executive MBA courses are held in small groups and it thus allows building good knowledge sharing experience for the students.
Executive MBA courses are cheaper when compared to a full-time MBA degree. It is ideal for executives who may not be funded by their employers.
Since the candidates are involved in full-time jobs they can apply the knowledge simultaneously in their everyday work.
As a working professional, it would take some time to adjust to an academic setting especially if you enroll yourself in a full-time executive MBA program.
It would be a little difficult to manage financially as the expense can be high.
Executive MBA is an extensive course and requires absolute focus and dedication. It could disrupt your personal life.
The Conflict between academic and personal responsibilities.
Some recruiters prefer young MBA graduates over executive MBA professionals.
No time for extracurricular activities.
Commuting wastes a lot of time especially. It would be better to find an institution close to the location.
Why go for Executive MBA in India?
There are numerous courses and educational disciplines which enable individuals to get good job and salary thereafter. Life doesn't stop here. It continues. After getting good jobs, the working professionals need constant up gradation regarding new management principles. An executive MBA is designed in such a way to help working professionals gain a competitive edge over their competitors both in terms of knowledge and position.
Designed for Working Professionals: In the past few years, there has been a surge in the number of individuals opting for Executive MBA in India. An Executive MBA course is a management course that is specifically designed for the executives and working professionals. The executive MBA India course gives an opportunity for the managers, executives, and industry professionals of diverse groups to enhance their management skills. In almost all cases, MBA schemes and Executive MBA scheme have the same curriculum.
Quality Education Offered by Indian Colleges: The Indian MBA is at the moment passing through a fantastic phase with a lot of colleges, courses and study options. As the job market for administration professionals has been reinforced because of the arrival of quite a few global companies, there is not really very much need to make a trip outside the country for a lucrative career. Various MBA colleges in India have also made a big effort in popularizing such education among prospective students through their world-class infrastructure, teaching standards, course structure, and placement record.
Experience of 2 – 5 years: An executive willing to pursue the executive MBA needs to have at least 2 years of experience which can go up to 5 years in certain conditions. The reason behind this is that the teaching level of this type of program is relatively high; a group approach is normally employed to discuss case studies and this helps them to understand from another.
Flexibility: One can choose a specific type of Executive MBA course which offers the required flexibility and knowledge. An executive MBA India course allows you to carry on your regular job at normal speed. Most of the individuals do executive MBA along with their present job in order to maintain a regular income.
Nowadays, people like going to online executive MBA India, which allows them to complete their MBA in their spare time. The major benefit of an online executive MBA is that you can follow it from any educational center in the world; everything is through internet right from entrance examination to final examination.
Candidates must have completed a graduation with at least 40% marks from recognized a University/Institute.
Academic –Graduation 20 2 marks for every 5% marks over and above 40% marks subject to a maximum of 20 marks.
Executive Experience 30 3 marks for every one year of completed experience beyond 5 years of experience subject to a maximum of 30 marks.
General Ability Test 35 A candidate is required to take a test on Management Aptitude and General Awareness as per the Date and Time to be announced by FMS.
Personal Interview 15 To be conducted individually for all the candidates.
Eligibility: Candidates must have completed graduation with at least 50% marks from recognized University/Institute.
Selection Procedure: Selection is based on score(s) obtained in CAT / XAT/GMAT, followed by interview process.
Candidates must have completed graduation from recognized University/Institute.
Must have 2 years work experience.
Selection Procedure: Candidates are selected based on Written Test and performance in Personal Interview.
Selection Procedure: Candidates are selected based on written test, group discussion and personal interview.
Candidates must have completed graduation from a recognized University/Institute.
Selection Procedure: Selection is based on academic merit, work experience and personal interview.
Eligibility: Candidates must have completed graduation from a recognized University/Institute.
Eligibility: Candidate must be Graduate/ DBM.
Eligibility: Candidates must be a graduate with 5 years of experience or passed diploma with 7 years of experience from a recognized University/Institute.
Selection Procedure: Selection process is based on graduation marks and personal interview.
Selection Procedure: Selection is based on academic record.
Eligibility: Candidates must have completed a graduate degree in any discipline (or equivalent qualification) from a recognized University with at least 3 years of full time post-qualification professional experience.
Eligibility: Candidates must have completed a graduation from recognized University/Institute.
Session schedule: Sundays and Second Saturdays between 9.00 am and 6.00 pm.
Eligibility: Candidates must have completed graduation from recognized University/Institutes.
Must be a full-time employee in the field of Sales, Marketing, Human Resource, Finance, Operations, Systems and related areas of management.
Selection Procedure: Selection is based on score obtained in entrance exam and performance in personal interview and Group Discussion.
Eligibility: Candidates must have completed graduation with 5 years of experience or passed diploma with 7 years of experience from a recognized University.
Candidates must have completed graduation with at least 50% marks from recognized University/Institute.
Eligibility: Candidates must have completed graduation from recognized University/Institute.
Selection Procedure: Selection is based on performance in entrance exam, group discussion and personal interview.
Candidates must have completed a graduation from recognized University/Institute.
Candidates must have minimum 36 months and maximum 120 months' work experience.
Must have completed graduation from recognized University.
Eligibility: Candidates must have completed graduation with not less than 50% aggregate marks during each year of study and also have a minimum of two years of full time work experience.
Selection Procedure: Selection is based on consistent academic performance, work experience and performance in personal interview.
Eligibility: Candidates must have completed a graduation from a recognized University/Institute.
Selection Procedure: Selection is based on performance in personal interview and entrance exam.
Eligibility: Candidates must be a graduate with 5 years of experience or passed diploma with 7 years of experience from a recognized University.
Selection Procedure: Selection is based on marks obtained in graduation.
Candidate must be a graduate from a recognized University/Institute.
Selection Procedure: Selection is based on entrance exam (NMAT)/ GMAT/ Written Test and performance in personal interview.
Selection Procedure: Selection is based on scores obtained in graduation, performance in personal interview.
Hopefully, now you got sufficient information on Executive MBA programs so it is time to take action.