Understanding the Fundamentals of Executive MBA Courses

Executive MBA/PGDM is meant for working professionals with substantial work experience. It is of a shorter period and often conveyed in part-time mode. Although the fees of an Executive MBA program is more than the regular MBA program, the advantage of pursuing the former is that the employer company often offers financial assistance by sponsoring its employee for the program.

Executive MBA Course is generally a premium high-end modular MBA equivalent program offered to senior executives with years of experience who don’t wish to leave their full-time jobs for earning MBA credentials. The course program structure is designed in such a manner that senior working executive spends around a couple of months on campus attending classes and complete the rest of the MBA program while working. There is not much difference in the course content of the regular MBA/PGDM program and the Executive MBA/PGDM program. But, they are designed for different people with different requirements.

As Executive MBA/PGDM is meant for working professionals with substantial work experience, it is of the shorter period and often conveyed in part-time mode. Although the fees of an Executive MBA program is more than the regular MBA program, the advantage of pursuing the former is that the employer company often offers financial assistance by sponsoring its employee for the program. Of late, Executive MBA has gained lots of popularity across the globe. Now, more graduates choose to work for a few years and pursue an Executive MBA, as it gives them an extra benefit. Previous work experience adds to their professional profile.

Also Read: Understanding the significance of executive MBA courses for working executives

Subject-wise Division of the Executive MBA Course

The Executive MBA courses can also be classified as subject-wise as follows:

• IT system
• Human Resources
• Hospitality Management
• Marketing

Executive MBA Admission: Eligibility Criteria and Top Entrance Exams

Executive MBA Admissions 2019 process usually starts in the afterward across all the B-Schools in India; after the admission procedures of full-time MBA programs are done. It starts in June-July and the procedure usually includes registrations, screening of candidates based on CAT/GMAT or Institute level exam and personal interview.

Eligibility criteria for Executive MBA are the same as that of the regular MBA. The only difference is work experience, which carries a lot of weight during the selection procedure. Take a glance at the basic eligibility criteria for Executive MBA/PGDM below:

• The candidate must have at least a couple of years experience at executive or managerial level. Work experience in part-time mode will not be accepted
• Any candidate who has completed a Bachelor’s degree with a minimum of 50% marks in aggregate or equivalent from a renowned university. At numerous institutes, there are no minimum cut off marks for Executive MBA admission.
• The numbers of years of the work experience vary from 2-10 years for every institute. The candidate must check the eligibility criteria of the selected B-Schools before applying

Executive MBA entrance exams

Admission to most of the executive MBA programs in India is done based on entrance exam scores. Mentioned below are the top Executive MBA entrance exams:

CAT	GMAT
NMAT by GMAC	CMAT
XAT	EMAT

Syllabus of Executive MBA Course

The syllabus of Executive MBA/PGDM course is almost the same as that of a regular MBA program. The only difference is that in Executive MBA/PGDM, the topics are taught in a more focused manner. The program includes elective and core courses, allowing the candidate to opt for specialization if the individual wishes to.

Executive MBA Syllabus
Designing Organizations	Financial Reporting and Analysis
Macroeconomics	Competition and Strategy
Entrepreneurial Management	Decision Sciences
Managing People & Performance in Organizations	Corporate Finance
Managerial Economics	Business Law
Marketing Management	Corporate Governance & Ethics
Operations Management

Elective courses of Executive MBA include

Entrepreneurial Learning	Decision Sciences and Information systems
Corporate Strategy and Policy	Economics and Social Sciences
Finance and Accounting	Organizational Behavior and Human Resources Management
Marketing	Production and Operations Management

Top Colleges offering Executive MBA Admission

1. Indian Institute of Management- Ahmadabad (IIMA) - One of the leading IIMs in the country to offer an Executive MBA course.

Eligibility for Executive MBA from IIMA

• A bachelor’s degree in any discipline
• Minimum age necessary is 27 years at the start of the program

Fees: INR 24, 00,000

2. Indian School of Business (ISB) - This is the first institute to introduce the concept of EMBA in the nation. Indian School of Business has been graded 33rd in the world as per the 2015 Financial Times Global MBA Rankings.

Eligibility for Executive MBA from ISB

• Should have a minimum of 10 years of full-time work experience as on date of submitting the application
• Should have a bachelor’s degree or equivalent qualification in any discipline from any renowned university

Fees: INR 3370800

3. Indian Institute of Management- Calcutta (IIMC) - IIMC selects candidates based on personal interviews, professional experience, and GMAT score.

Eligibility for Executive MBA from IIMC

• Executives with a bachelor’s degree or equivalent in any discipline and over 5 years of post-qualification professional/managerial experience may apply.

Fees: INR 1800000

4. Xavier School of Management (XLRI) (Jamshedpur) - This is one of the very few campuses offering the students the option to pursue multiple courses at the same time.

Eligibility of Executive MBA from XLRI

• Should have at least 5 years managerial work experience and first-class in a bachelor’s degree

Fees: 16, 00,000

5. Indian Institute of Foreign Trade (IIFT) (New Delhi) - Well-known for providing outstanding placements, Indian Institute of Foreign Trade (IIFT) offers an Executive Post Graduate Diploma with specialization in International Business

Eligibility for Executive MBA from IIFT 

Engineering/ Post Graduation or equivalent degree from a renowned university and a minimum of 3 years of managerial work experience are required. The institute conducts essay writing and group discussions before interviews in its selection process.

Fee: INR 350000

Executive MBA ROI

•  Better Earning Potential - The investment you make today pays off in the short term and the long run as you advance in your career.

• Leadership Development - This program will help you to develop key soft skills that are not only valuable but compulsory in the business world. All good Executive MBA programs comprise some kind of leadership development component, whether it is auxiliary or integrated into the curriculum.

• A Foundation in Business Knowledge - Executive MBA programs are meant for people who have been in a career for a long time to develop a proficiency in a functional area, industry, or both but who have not received a broad business education from other sources. You will leave the Executive MBA program with advanced knowledge of business concepts to apply as you go ahead in your career.