The modern-day MBA is practically unrecognizable for students of the 90s and 2000s. It's more modular than ever before as institutions are joining hands to offer courses. The modern MBA is also more global in character and multi-disciplinary
Executive MBA programs are on the rise. And students and employers, both local and overseas are both inclined towards an MBA degree in hand. Although full-time MBA programs are still the most preferred MBA option for most Indians, candidates now actively consider applying to EMBA programs. The advantages of doing an Executive MBA in India are numerous: lower fees, online learning, high-quality cohorts, and excellent job prospects thanks to a strong Indian economy.
The Executive MBA degree is for mid-career working professionals, often with a minimum of 10 years of work experience. They are looking to gain strategic insight, enhance their decision-making abilities, and develop leadership and management skills. Unlike full-time MBAs taken on campus, EMBAs do not require candidates to quit their jobs. EMBAs therefore are generally longer, with participants taking classes in the evenings and/or at the weekend. That means they can apply what they have learned immediately in the workplace.
Executive MBA Fees in the Top B-Schools:
|
Institute |
Program |
Fees |
|
|
MBA-PGPX |
INR 28,00,000 |
|
Indian School of Business (ISB) |
PGPMAX |
INR 39,63,000 |
|
Indian Institute of Management Bangalore |
EPGP |
INR 27,50,000 |
|
Indian Institute of Management Calcutta |
MBAEx |
INR 27,00,000 |
|
XLRI |
Ex-PGDM |
INR 20,00,000 |
|
Indian Institute of Management Lucknow |
IPMX |
INR 23,80,000 |
|
Indian Institute of Management Indore |
EPGP |
INR 20,10,000 |
|
SP Jain School of Global Management |
EMBA |
INR 15.,74,400 |
|
Management Development Institute (MDI) Gurgaon |
NMP and PGP-EM |
INR 13,79,100 |
|
Institute of Management Technology, Ghaziabad |
PGDM (Executive) |
To be updated |
|
Xavier Institute of Management Bhubaneswar |
EPGDM-VIL |
INR 3,54,000/- |
Xavier University inherits the legacy of XIMB (Xavier Institute of Management Bhubaneswar), a premier world class B-School in the country. XIMB offers an Executive Post Graduate Diploma in Management through Virtual Interactive Learning (EPGDM-VIL). In this newly launched program, students will get to learn from one of the best management schools in India via:12 months Executive PGDM Program, 200+ Tutorial Videos for Byte-sized Learning,,250+ Live Virtual Classes during Weekends and 17 Live Projects.
Other Executive MBA Colleges in India are Faculty of Management Studies (FMS), Indian Institute of Foreign Trade (IIFT), NMIMS School of Business Management, Symbiosis Institute of Management Studies, Great Lakes Institute of Management, International Management Institute (IMI) and many others.
With so much choice, there are a few things to consider if you’re looking for an Executive MBA. One is the cost. Executive MBAs are generally cheaper in India than they are overseas, but it’s still a significant investment. Consider the funding options at each institution, as well as the associated travel costs.
Another consideration is the cohort itself. Executive MBAs are senior leaders, so learning from the group is important; look for a high quality cohort. Also bear in mind that a diverse and dynamic peer group is an added advantage, since participants contribute towards an enriching learning experience. Comparing institutions is a good idea, though the branding of Executive MBAs in India can make this a challenge. Looking at Executive MBA rankings such as those produced by the NIRF, accreditations from the AICTE, AACSB and EQUIS awarding bodies, as well as word of mouth, should help you filter the programs best fitted to you.
The future thus looks bright for Executive MBAs in the country. As many Indians value job security, Executive MBAs are becoming more popular since they can be taken part-time and pursued via distance learning, so students do not need to leave the job market or forgo a salary. As Indian Executive MBAs are generally much cheaper than elsewhere in the world, and as they are increasingly being accepted by international recruiters, the return on investment may be large. That should continue to attract more candidates from across the world to Indian Executive MBAs.
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