Executive MBA is a management program for working professionals. The course duration of the program is 15 to 18 months. The main focus of the course is to provide management knowledge to professionals such that they can utilize them to grow their businesses or career.
Although the MBA and Executive MBA (EMBA) have the same structure, they differ in course design and learning pattern as both programs are for different people.
Executive MBA Eligibility Criteria
The requirements for an Executive MBA are similar to those for a Regular MBA. There is only one difference: work experience, which is heavily weighted during the hiring process. Below are the basic requirements for admission to the Executive MBA/PGDM program:
- Any candidate who has earned a bachelor’s degree from an accredited university with a minimum cumulative grade point average of 50%. There is frequently no minimum score requirement for admission to the Executive MBA program.
- The applicant must have at least two years of managerial or executive-level work experience. Any MBA institute will not accept part-time work experience.
- Each institute has a different average of working years, or work experience, ranging from two to five years. Before applying, the candidate must review the admission requirements for their top-choice business schools.
- The applicant must have earned a passing grade on any of the relevant entrance exams for the MBA program.
The entrance exam for executive MBA
The different entrance exams for admission to the executive MBA program are CAT/MAT/XAT/AMBA and so on. These exams include the basic aptitude test and comprise English, reasoning, mental ability, and quantitative aptitude.
The CAT Exam is conducted in the month of November every year and is one of the toughest national exams. Whereas the MAT exam is conducted twice a year. The details of these exams can be found online or by visiting the official website through notification.
Some of the skills required for the application to the EMBA program are as follows:
- Problem Solving
- Research Oriented
- Analytical Thinking
- Managerial skill
- Good communication
- Business mind
- Ability to tackle work pressure
Executive MBA specializations
The EMBA course is offered in different specializations but we are discussing the top 10 MBA specialization programs. These are:
- Operation Management
- Human Resource Management
- Finance Management
- Information Technology
- Retail management
- Marketing Management
- Health care Management
- Business Analytics
- International Business
EMBA course fee
The EMBA course fee is much more than the regular MBA program. The average fee of the EMBA program lies between 10 to 15 lakh. Here is the list of the top 10 MBA institutes offering EMBA programs with the fee structure
|Name of |
|2nd||₹ 28,50,000/-||₹ 30 LPA|
|IIM Delhi||4th||₹ 11,00,000/-||₹ 20 LPA|
|IIM Kozhikode||5th||₹ 14,00,000/-||₹ 20 LPA|
|IIT Roorkee||11th||₹ 10,93,000/-||₹ 19 LPA|
|1st||₹ 25,00,000/-||₹ 20 LPA|
|XLRI, Jamshedpur||8th||₹ 23,15,000/-||₹ 18.5 LPA|
|IIT Madras||15th||₹ 13,00,000/-||₹ 17 LPA|
|Amity Noida||97th||₹ 12,00,000/-||–|
|IIFT, Delhi||24th||₹ 8,85,000/-||₹ 16 LPA|
|IIM Amritsar||55th||₹ 12,00,000/-||₹ 19 LPA|
Distance Education in Execuitve MBA
The EMBA is for working professionals so no regular classes are conducted. The classes are conducted either online or on weekends. Thus the EMBA program is a part-time MBA program or distance learning program.
Some of the key features of distance education in executive MBA are:
- The classes are conducted online after business hours or on weekends such that the work is not interrupted due to study.
- Participants can complete the course with a minimum time of 15 months to 4 years.
- The participant can even give the exam as per their time so the flexible time schedule for examination is given in the EMBA program.
- For the online EMBA program, LMS (Learning Management System) is provided to help the learner study anywhere, anytime.
- Some companies grant sponsorship for higher education so that the employee can gain a new skill and implement it in the workplace.
- The learner gets the chance to practically apply the skills they are gaining at their own workplace.
Scope/ Future after Executive MBA
The Executive MBA program is designed for candidates who are already working in the business world. This course will provide additional understanding and approaches needed for a successful career or advancement in the business world. This one-year course offers candidates several opportunities based on their work experiences and through various specializations of Executive MBA courses.
Some of the future prospects of the EMBA program are:
A brand is the identity of any business. A brand manager’s job is to analyze and observe the market and its needs. Examine the product that needs to be released to the market. Provide some good market-based strategies to companies for their products. These strategies include marketing strategies, which are critical when introducing a new product to the market. A brand manager is also in charge of the product’s design and appearance.
A finance manager oversees a company’s entire financial situation. A finance manager maintains all investment and financial status records for the business. He or she has all the information pertaining to the business’s financial situation. They provide long-term investment strategies and plans that can generate profits for the business in the upcoming years.
Business analysts improve the effectiveness of the opportunities by analyzing the company’s growth and potential opportunities. They are primarily responsible for identifying and handling any internal company problems. Business analysts determine the risks that the company is exposed to.
Managers of communication are in charge of making sure that all internal and external departments of a company can communicate easily with one another. By implementing efficient communication strategies for the business, they promote the organizations and their products.
Apart from this, the candidate can also look for further studies by choosing courses such as M.phil., Ph.D., or CFA. There is no end to learning new things so you can move forward and
Execuitve MBA salary and placement
The salary of the executive MBA is based on the factors such as the field in which they work, the position they are hired for, and most important the company they are working for, and work experience. Typically the EMBA executive’s salary lies between ₹ 12 to 40 LPA depending on the above factors.
In order to get better opportunities most EMBAs provide placement assistance though they are already working in some companies. Some participants even get promotions in their existing offices adding more to their careers and income. The most prominent job titles after the EMBA program include sales manager, CEO, management consultant, and brand development manager.
Some of the top recruiter hiring the EMBA includes
Govt. Sector companies such as State Bank of India, MTNL, BSNL, Punjab National Bank, Union Bank, Indian Oil, ONGC, TRAI, coal Idia and ONGC. Other companies include the private sector such as TCS, HCL, Cognizant, Wipro, Google, Amazon, Flipkart, Infosys, and so on.
The executive MBA program can boost your career and help you your grow business. These programs are typically designed for the executive class, based on their skill requirements and experience. If you want to move ahead in mid-level or senior-level management then EMBA can play a vital role.
College compare gives you intensive information about the MBA courses in our country. If you looking for any type of management program we are sure you get the best information from our blogs and website.
Wishing you all hte best for your future.