Executive MBA from SP Jain vs Executive MBA from IIT Bombay, SJSOM

Executive MBA IIT Bombay, Shailesh J Mehta School of Management and SP Jain School of Global Management entitle students with dual degrees and excellent industry exposure on par with international standards. Both these institutions guarantee the best placements with attractive packages at both the national and international standards.

The Executive MBA degree is seen as an avenue for a candidate to make it to the top management positions in an organisation in the fast-changing business landscape. The executive MBA programme offers all the benefits of on-campus education delivered through the latest innovative techniques. Here we compare the Executive MBA programme offered by two major institutions, SP Jain School of Global Management and Indian Institute Technology (IIT), Bombay.

Executive MBA at SP Jain School of Global Management

The Executive MBA at SP Jain School of Global Management in Mumbai aims at enhancing the entrepreneurial skills of its aspirants and enables them to take a giant career leap. It offers the management expertise and the professional connections that a world-class MBA degree would offer. The E-MBA course aims to build senior professionals with unique leadership styles to seize challenging opportunities and unlock giant growth paths that were once taught impossible. The duration of the programme is 18 months but can be completed within five years.

Eligibility: To apply for the Executive MBA programme, candidates should have completed grduation from a reputed university. They should also have a minimum of three-year of full-time work experience in any organisation and in any field.

Application process: The application can be done online free of cost, there is no application fee.

Evaluation: The shortlisted candidates have to undergo a three-stage evaluation process. They have to clear the aptitude test given by the School, clear the essay and impress the panel at the Personal Interview. The fees for the evaluation process is $50. Apart from their performance in the essay, aptitude test, and interview rounds, the applicant will also be assessed on their suitability to the programme based on their overall profile. The criteria for this assessment are educational qualifications, nature and total years of work experience, professional achievements and certifications.

Admission: The confirmation for admission decision will be mailed to the shortlisted candidates in approximately three days after the evaluation process. After receiving the offer letter, the applicant has to confirm their acceptance of the offer and also register for the programme before the date specified.

Program curriculum: SP Jain School of Global Management believes in the paradigm that the ability to apply the fundamentals results in an excellent career in business. The candidates are made to masters the basic building blocks of Management such as Managerial Economics, Marketing Management, Corporate Finance, and Operations. The candidates are given the option to customise their education in the following specialisations for EMBA candidates:

• Marketing
• Finance
• Operations
• General Management

Each of this specialisation offers an intensive curriculum that combines functional management knowledge along with a decision-making framework and tools from real-world learning experiences. As a student of SP Jain, one has the flexibility to opt for general management courses as well, by choosing electives from other areas of specialisations.

Fees and scholarships: The fee for EMBA course is Rs 15.20 lakh of which Rs 1.50 lakh is the registration fee, Rs 12.20 lakh is tuition fee and Rs 1.50 lakh is the final installment fee. The Institution also offers leadership scholarships for prospective candidates based on their academic excellence. The paradigms that are taken into consideration to award scholarships for students are their academic performance, financial background, work experience and leadership skills.

Executive MBA at IIT Bombay

The executive MBA programme at the IIT Bombay is a joint venture between the Shailesh J Mehta School of Management, IIT Bombay and Washington University. The motto of the programme is to advance the leadership skills and career goals of senior-level executives. It is the only EMBA programme in the world to confer a degree from both an American and an Indian University. This joint Executive MBA programme is ranked sixth in the world by the Financial Times.

Program module: The duration of the Executive MBA programme is about 18 months, which begins in the month of July every year. It is a proven model for working professionals as the professionals continue to work while attending the course four days a month from Thursday to Sunday in Mumbai. The programme ends with a two-week capstone exposure in St Louis at Washington University. The programme is handled by world-class professors in English and the curriculum builds global knowledge and tool to apply for challenges in the business environment.

Eligibility: The candidate should have a bachelor’s or a master’s degree with 60 per cent aggregate marks. The candidate should appear for the CAT exam and score a minimum sectional and overall score to be eligible for admission.

Evaluation: Candidates are shortlisted before the final selection round, based on the CAT scores, past academic performance and work experience. All the shortlisted candidates will be invited to appear for written ability test and personal interview. Based on the composite score of the candidate the final list of selected candidates will be released.

Application process: The candidate has to apply online and fill all the mandatory fields within 50 minutes before the session expires. The cost of the application is Rs 1,600, which has to be paid online.

Tuition fees: The total programme fee payable by the candidates at SJMSOM- IIT Bombay is Rs 8.70 lakh. Students have to bear travel, laundry, boarding, laptop and other expenses.

Comparative study:

Aspects	SP Jain School of Global Management	SJSOM
Collaborations	In collaboration with the University of Australia	In collaboration with Washington University
Eligibility	UG/ PG degree from any university with 60 per cent aggregate marks	UG/PG from any university with 50 per cent aggregate marks
Selection	Essay and aptitude tests prescribed by the School and interview	CAT exam score, WAT and PI
Application	Online application, no application fees	Online application, the application fee is Rs 1,600
Course duration	18 months, the course can be completed in five years	18 months
Tuition fee	Rs 15.20 lakh payable in installments	Rs 8.70 lakh

Executive MBA from both these institutes entitles students with dual degrees and excellent industry exposure on par with international standards. Both these institutions guarantee the best placements with attractive packages at both the national and international standards.

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