The ROI of Online Executive MBA Programs :Is it Worth the Investment

Jun 21, 2024 by Admin

An online executive MBA degree primarily assists in rolling over your opportunities, resulting in a superb return on investment (ROI). The online program makes the ROI even better because you are building your own business while simultaneously working to complete your postgraduate degree.

Many organizations provide financial assistance for the online executive MBA because the knowledge gained from this degree would benefit the organization. After graduating, you can even get a promotion. But if you do not wish to continue with your current organization, you can switch to a different one, and here you also get a raise in your salary because you have both the degree and work experience.

Duration	1 – 2 years
Eligibility	Graduation from a recognized university and a minimum specified work experience
Admission Process	Entrance Exam based
Fee	6,00,000 – 12,00,000
Average Starting Salary	11 LPA – 17 LPA
Top Recruiting Organizations	Barclays, JP Morgan, Accenture, PWC, TCS, Infosys and Wipro
Top Recruiting Areas	Corporate firms, Banks, Offices, Hotels, Online Shopping Portals
Top Job Profiles	HR Manager, Banker, Investment Banker, Project Manager and Business Development Manager

How does an online executive MBA bring the best ROI?

Promote Your Resume: An EMBA is a valuable addition for professionals in their careers, and it has specific competencies that can be beneficial to your resume without the need to take a break from work. It increases the number of positions within an organization and is beneficial for career advancement.
Develop a New Environment and Skills: It provides contemporary business knowledge and new organizational awareness to the holders; which further helps to create a new perspective on work.
Flexibility in Working: As students represent professionals, they are only able to attend classes on weekends, and the EMBA employs various modes of education delivery.
Improve Networking: demonstration of increased dynamism; An executive MBA opens a door to CEOs and managerial professionals to widen their network of contacts.
Personal and Professional Growth: An Executive MBA also enhances personal development in the sense that it adds further knowledge, skills, and comprehensiveness relevant to both business and other aspects of life, bringing new skillfulness into management positionalities and responsibilities.
Management Learning: EMBA opens the doors to potential leadership characteristics and speeds up career development, preparing to meet new challenges and assume new responsibilities.
Average Payscale: EMBAs are often costly, unlike ordinary MBAs. However, an EMBA increases your chances of securing a better job at a reputable business firms. An executive MBA graduate can increase their compensation package, which can range from INR 10 lakhs to INR 40 lakhs, leading to new opportunities.
Job Opportunities: Graduates of the Executive MBA have more employment opportunities, stimulating the creation of new businesses and innovation, and empowering you to do what is current with fresh enthusiasm.
Future Evolution: EMBA prepares individuals for future career positions by enhancing their existing skills, offering previously unexplored opportunities, and fostering rich and robust personal and professional development alongside individuals from similar backgrounds.

Online Executive MBA Eligibility

The admission requirements for an executive MBA online program are different from those for a general MBA, as experience becomes a mandatory requirement. The detailed eligibility is as follows: The detailed eligibility is as follows:

The applicant should have passed at least 50 percent of their 10+2 examination, as well as graduation marks from any recognized educational institute.
The applicant’s own contribution is to have a minimum of 2 years of full-time work experience in relevant industries. This literature does not consider part-time jobs or interning. This may differ, as a few universities also require a minimum of 5 years of work experience. Therefore, it is critical to thoroughly review the requirements set by each university before applying to any university.
An Executive MBA is an ideal course to enroll in, irrespective of age consideration; in most cases, they do not have age requirements. However, in a few universities, the age criteria for applicants should not be over 27 years.

The primary method of admission for an executive MBA is through trained exams, with the possibility of an interview as well. Some colleges do not require an entrance exam, provided the candidate has a favorable work profile and many years of experience. The only condition that is considered is the fact that you should be aware of the specific industry concerned and have adequate knowledge and perception of the market.

Entrance Exam: The general and preeminent test recognized for entrance is the GMAT. Most of the IIMs consider the GMAT in an executive MBA, This is because, on average, the GMAT has a passing score of 700 or above, which is regarded as an ideal performance. However, some of the IIMs, like IIM Shillong, and IIM Rohtak, accept CAT, and the validity of the CAT score is up to five years.
Language Test: Several EMBA programs, such as IIM Bangalore's EPGP and IIM Udaipur's PGPX, also require a language exam. These programs include the following: International exposure.
Group Discussion: This section aims to assess your communicative abilities. To do really well in this round, you need to be aware of the events happening globally.
Essay Writing: As part of the admissions process, WAT is regarded as a writing ability test, and it is imperative as it makes it easier for the B-school to get into the candidate’s head and understand his/her plans and dreams. Given WAT's significant responsibilities, it is critical to prepare appropriately.
Personal Interview: The final step of the selection process, the personal interview is the last stage of the overall recruitment process and is thus deemed to be the most important one because your personality will be tested here in full. The panel will thus search for different personality attributes in a candidate and then make a decision regarding his/ her suitability to afford value to the course or not.

Differences between MBA and EMBA

Criteria	MBA	Executive MBA (EMBA)
Target Audience	Early to mid-career professionals seeking general business knowledge and skills	Mid to senior-level professionals with significant work experience
Work Experience	Typically requires 2-5 years of work experience	Requires substantial work experience (e.g., 8-15 years)
Program Structure	Full-time or part-time, often completed over 1-2 years	Typically designed for working professionals, with flexible schedules (e.g., weekends, evenings), completed over 1-2 years
Curriculum Focus	Offers a broad range of business disciplines and electives	Focuses on executive-level topics, leadership, strategic management, and advanced business concepts
Peer Network	A diverse cohort of early to mid-career professionals from various industries	A cohort consisting of experienced professionals, often from similar senior-level positions and industries
Career Advancement	Provides a foundation for career growth and job opportunities	Enhances leadership skills, and strategic thinking, and prepares for executive-level roles
Tuition Cost	Varies based on the institution and program	Often higher than traditional MBA programs due to the executive-level focus and added benefits
Employer Sponsorship	Less common for employers to sponsor MBA programs	Common for employers to sponsor or partially support EMBA programs
Class Schedule	More flexible options, including daytime, evening, and online classes	Designed to accommodate the schedules of working professionals, often with condensed class sessions and limited time away from work

Online Executive MBA Placement

They also highlighted that the demand for executive MBA degrees is increasing. In IIMs and other leading B-schools, the average salary for the executives in the PG and executive education programs is over INR 13 lakh per annum. Executive MBA degree holders are in a good position to work at the managerial level as well as run their own businesses. Thus, such candidates get placed in all sorts of firms and business establishments in various senior management roles in fields or sectors like finance, marketing, communication, HR, IT and ITES, digital marketing, business intelligence and analysis, operation, banking, insurance, consulting, etc.

Some of the companies, that participate in the campus placement process to hire executive MBAs are mentioned in the table below: Some of the companies, that participate in the campus placement process to hire executive MBAs are mentioned in the table below:

Executive MBA Top Recruiters
HCL	Infosys
Vedanta	Trident Group
Grey Orange	KPMG
Reliance Industries	Larsen & Toubro (L&T)
Cadbury	Hindustan Unilever (HLL)

Online executive MBA career opportunities

The subject areas that are taught to the Executive MBA degree students include; operations management, accounting management, strategic management, marketing management, and human resource management, among others, and the instructions include theoretical and practical teachings. Overall, the Executive MBA helps to expand a chosen career to such areas or businesses as finance, healthcare, education, and information technology in both the private and public sectors.

Job Profiles	Average Annual Salary (in INR)
Sr. Human Resources (HR) Manager	INR 6 lakh - 7 lakh
Human Resources (HR) Business Partner	INR 7 lakh - 8 lakh
Senior Human Resources (HR) Generalist	INR 4 lakh-5 lakh
Consultant, Human Resources (HR)	INR 6 lakh-7 lakh
Human Resources (HR) Officer	INR 8 lakh-10 lakh
Human Resources (HR) Director	INR 12 lakh-13 lakh
Vice President (VP), Human Resources (HR)	INR 15 lakh-18 lakh
Human Resources (HR) Administrator	INR 16 lakh-17 lakh
Sr. Human Resources (HR) Business Partner	INR 18 lakh-20 lakh