Executive MBA or EMBA is a 1-year postgraduate degree course in the field of Business Administration. However, some colleges even offer this course for an extended period of 15-18 months. The course is meant for working professionals who want to further improve their management skills.
The minimum eligibility criterion for students willing to study Executive MBA in India is graduation in any stream with a minimum of 55% aggregate marks. Generally, colleges also ask for a minimum working experience of 5-10 years from the applicants.
|Executive MBA from IIM Lucknow||Executive MBA from ISB Hyderabad||Executive MBA from IIM Ahmedabad|
The admissions are commonly done on the basis of profile and also through popular exams like:
However, some institutes might consider the common MBA/PGDM Entrance Exams upon their discretion like:
The average annual Executive MBA Fees charged in India ranges from INR 4 to 15 lakh, depending upon the institute you choose. Some colleges also offer an option of Executive MBA Distance Education curriculum.
Some of the top colleges that provide admission to this course are:
Executive MBA programs provide the best option for working executives seeking to advance their careers. It prepares functional managers for general management roles and equips them with essential management disciplines. The program broadens their management skills through:
Want to pursue your management education in Delhi-NCR? Check Executive MBA Colleges in Delhi-NCR.
Some of the fields students get to work after the course are:
The average Executive MBA salary ranges from INR 9-15 lakh p.a. in India.
|Executive MBA vs MBA||Executive MBA Syllabus|
|Executive MBA Colleges||Executive MBA Entrance Exams|
|Executive MBA FAQs||Executive MBA Skills Required|
Listed below are some of the major highlights of the course.
|Examination Type||Semester System|
|Eligibility||Graduate from a recognized university and a minimum specified work experience.|
|Admission Process||Entrance Exam based|
|Course Fee||INR 4 to 15 lakh|
|Average Starting Salary||INR 9 to 15 lakh|
|Top Recruiting Organizations||TCS, Infosys, Wipro, etc.|
|Top Recruiting Areas||Corporate firms, Banks, Offices, Hotels, Online Shopping Portals, etc.|
|Top Job Profiles||Marketing and Sales Executive, Brand Executive, Communications Manager, Customer Support Executive, Quality Control Manager, etc.|
Source: Official Institute Websites
This is a postgraduate course that focuses on business and is specially meant for working professionals with extensive experience. It is designed essentially to educate job seekers, managers, entrepreneurs, technocrats and other business leaders.
Executive MBA program relies heavily on teamwork with a strive to achieve a common goal. Students pursuing this course from the top MBA colleges in India get to study management topics like Marketing, Human Resource Management, International Business, and Microfinance. The course curriculum also introduces them to Strategic Management and Executive Communication.
The course is best suited for those who have good IT skills, aptitude skills, analytical skills and experience in the management field.
There is a very thin line of difference between Executive MBA and Regular MBA. Some of the key differences are:
|Parameter||Executive MBA||Regular MBA|
|Course Duration||1 year||2 years|
|Average Salary||INR 9-15 lakh||INR 5-9 lakh|
|Work Experience||A mandatory work experience required of 5-10 years||No such work experience is mandatory|
|Course Offerings||Provides expert knowledge to professionals who wish to enhance their knowledge.||In-depth insights into business functioning at advanced levels.|
The above table lists just some basic differences between EMBA and MBA course structure and curriculum. Explore deeper insights and differences between Executive MBA and MBA.
If you are a working professional with an experience of 5 years or more, then EMBA is what you must prefer as it will help you with the expert level knowledge that will further enhance your career growth. On the other hand, if you happen to be a recent grad who wants to gain an advanced level of knowledge in business administration and a specific specialization, go for Regular MBA.
EMBA also has a lot of specializations to offer like:
Listed below are some of the top institutes offering the course in the country with the corresponding locations and fees charged by them
|Name||City||Average Annual Fee|
|Indian Institute of Management||Ahmedabad||INR 25,00,000|
|Indian Institute of Management||Lucknow||INR 21,40,000|
|Symbiosis Centre for Management and HRD||Pune||INR 2,10,000|
|Symbiosis Institute of Business Management||Bangalore||INR 2,60,000|
|Indian School of Business||Hyderabad||INR 37,00,000|
|Amity University||Noida||INR 6,20,000|
|Indian Institute of Business Management and Studies||Mumbai||INR 40,800|
|Narsee Monjee Institute of Management Studies||Mumbai||INR 4,70,000|
|Delhi Technological University||New Delhi||INR 2,30,000|
|University of Delhi- Faculty of Management Studies||New Delhi||INR 95,000|
Candidates who wish to study EMBA course must satisfy the following eligibility parameters:
Admissions to the course are generally done through the common entrance exams. The course entertains the results of entrance exams like GMAT, GRE and EMAT. After the student clears all the Executive MBA Eligibility Criteria as mentioned above, colleges follow the admission pattern as given below:
Source: Official Institute Websites
The detailed explanation for the selection procedure is given below.
1. Entrance Exam
The most commonly accepted entrance exam is GMAT. Most of the IIMs consider GMAT for an executive MBA. A 750+ score in GMAT is considered as an ideal score.
Some of the IIMs like IIM Ranchi, IIM Raipur, IIM Trichy have their own exam.
2. Language Test
3. Group Discussion
Group Discussion is there to test your communication skills. In order to perform well in this round, you should be updated about current affairs happening around the world.
4. Essay Writing
Writing Ability Test (WAT) is considered an integral part of the admission process as this test enables the B-school to know more about the candidate’s goals and aspirations.
WAT carries a huge weightage so it needs to be prepared thoroughly.
5. Personal Interview
PI is the final round and is considered to be the most crucial round because here your overall personality will be judged. The panel will look for distinct personality traits in a candidate and then decide whether he/she would be able to add the value to the program or not.
Personality traits and the attitude of the candidate are the areas of concern here.
Some of the common skills tested during the Executive MBA Admission process are:
Many colleges and institutes also keep work experience as an important criterion for giving Executive MBA Admissions. The below table gives some insights into this.
To pursue Executive MBA in Delhi, like Executive MBA from FMS, commonly entrance tests like those mentioned below are considered.
A semester wise breakup of the course syllabus is tabulated below.
|Semester 1||Semester 2|
|Principles of Management and Organizational Behaviour||Production and Operations Management|
|Managerial Economics||Executive Communication|
|Accounting and Finance for Managers||Management Information Systems|
|Marketing Management||International Business|
|Human Resource Management||Events Management|
|Research Methods for Management||Microfinance: Perspectives and Operations|
|Corporate Communication||Business Environment and Ethics|
|Operations Management||Strategic Management|
|Project Work||Project Work|
|Viva Voce||Viva Voce|
Interested aspirants of the course must possess the following skills to pursue it:
After completing the Executive MBA course, students have a lot of opportunities to explore. One can even bag a higher position in their firm as a means of promotion. More responsibilities may be endowed and bigger projects may be given. The below chart gives a comparison between how much money one needs to spend on executive MBA education and how much they get to earn.
The most common job profiles available in the market for such graduates are:
The following table gives a more vivid description of the job profiles along with the salaries available.
|Job Position||Job Description||Average Annual Salary|
|Marketing and Sales Executive||These executives work to maximize the company's profits. They achieve these preset goals by developing sales strategies and devising up-to-date plans that sync customer requirements. They promote and highlight their products, services, or ideas in the market with the intention to garner attention and thought.||INR 3-4 lakh|
|Brand Executive||Brand Executives are responsible for the creation, management, supervision and growth of brands under their belt. The main responsibilities of a Brand Executive are to master, manage and develop the brand portfolio and aim to achieve high brand sales.||INR 5-8 lakh|
|Communications Manager||Communications Manager job is a senior level job generally given to those with at least 7 years of experience in his or her field. They create, implement and oversee the current communication programs. They are in-charge of all internal and external communications taking place in the firm. They promote the organization and the products through effective communication strategies.||INR 7-8 lakh|
|Customer Support Executive||They are the ones who answer and reciprocate to incoming calls from customers. Customer Service Executives are in demand by IT companies where the executives have to work and handle their clients.||INR 2-5 lakh|
|Quality Control Manager||They use variety of measures and strict parameters in their management systems to comply to total quality management set by the standard. They usually have specialized tasks which are carried out depending on the nature of work. They devise and establish a company's quality procedures, reputation, standards and specifications.||INR 6-8 lakh|
The topmost recruiters are:
The following chart gives details of the salaries offered for different positions.
Source: Payscale (September 2019)
For those who interested in further higher studies, check Management Ph.D. courses in India. Some of these are:
Ques. Which are the best Executive MBA programs available in India?
Ans. There are a lot of Executive MBA specializations. Some of the popular ones are:
Ques. Which college is good for an Executive MBA?
Ans. The top colleges offering Executive MBA are:
Ques. What is the difference between General MBA and Executive MBA?
Ans. An executive MBA course differs from General MBA in many respects ranging from the course duration to the eligibility criteria. To know in detail about how the 2 courses differ, click here.
Ques. Does an Executive MBA have the same value as a fulltime MBA?
Ans. Both the Executive MBA and Full-time MBA are meant for different purposes. A full-time MBA program focuses on providing deep insights into business functioning at advanced levels. Whereas, the Executive MBA is of value for those professionals who are already in a job and want to enhance their skills.
Ques. What are the benefits of pursuing Executive MBA in India?
Ans. The Executive MBA course is especially meant for those people who are already doing a job and further want to enhance their skills The course helps students in learning deeper knowledge related to their field. Many professionals and executives in India opt for Executive MBA to rise in ranks in their company or to increase their package.
Ques. What is the ideal age to pursue an Executive MBA?
Ans. In order to pursue an Executive MBA, students need to fulfil an eligibility criterion of minimum work experience. The average work experience required is 5-10 years. Due to this, the age of the students goes a bit high. In most of the IIMs, the average age of students is 30 years.
Ques. What are the prerequisites to do an Executive MBA in IIMs?
Ans. Executive MBA is offered in different IIMs under different names. Due to this, there might be some variations in the prerequisites. However, the biggest prerequisite to pursue this course from any institute is work experience. Other prerequisites include:
Graduation in any stream
A valid GMAT score
Minimum age as set by the institute.
Ques. Is an Executive MBA in International Business worth taking?
Ans. An Executive MBA in International Business will equip students with all the sufficient knowledge they need to display their expertise in the subject. The course equips students with the skills of:
International trade basics
International monetary systems
Joint ventures with foreign firms
Also, one should ensure they opt for this course only if they are already associated with the field.
Ques. Do Executive MBA students get the opportunity to sit at placements in the IIMs?
Ans. For IIM executive courses like PGPX and EPGP, students are allowed to sit in placements generally, even in cases when they are attached with their own companies.
However, in part-time executive MBA courses, they might not be allowed to appear in the placements.
Ques. How much minimum work experience is required for Executive MBA?
Ans. Generally, the standard is kept at 5 years, but some institutes ask for up to 10 years. Though some institutes even agree with a work experience of 2 years.
Ques. Which companies offer jobs to Executive MBA graduates?
Ans. The top recruiting companies are:
Ques. How much salary does one get after Executive MBA?
Ans. The average salary after Executive MBA ranges from INR 9-15 lakh.
Ques. What is meant by working professionals?
Ans. Working Professionals are those people who are already in their job or doing some business.
Ques. Is CAT score accepted in Executive MBA?
Ans. Generally, colleges consider the score of exams like GMAT, GRE and EMAT. However, some institutes might accept CAT.
Ques. How much fee is required for Executive MBA?
Ans. The fee charged can be anywhere between INR 4-15 lakh.
Ques. What questions are asked in the interview of Executive MBA?
Ans. The interview mainly deals with your personality traits and responding to immediate situations. The interviewer can also check your aptitude skills and other factors like attitude.