Home >> News & Articles >> What is an Executive MBA?

What is an Executive MBA?

Jan 24, 2024 by Admin
What is an Executive MBA?

An Executive MBA, or EMBA, is a special kind of business degree for people who are already working. It is designed to be flexible so that busy professionals can improve their business skills while still keeping their jobs. Unlike a regular MBA, the EMBA program often has classes on weekends or in the evenings. It focuses on practical knowledge and leadership skills that you can use right away at work. In short, an Executive MBA is a convenient and condensed way for experienced professionals to boost their careers without leaving their current jobs.

Who can apply for an Executive MBA?

If you are already working and want to improve your business skills without quitting your job, you can apply for an Executive MBA (EMBA). They usually look for people with some work experience, and you might need a bachelor's degree. Some programs might ask for test scores, too. In simple terms, if you are a working person wanting to grow in your career, an EMBA could be a good fit for you.

Executive MBA Course Details

Getting an Executive MBA degree is super popular in the business world. If you have one, people see you as someone who knows their stuff and can handle important roles. It is like a ticket to success in higher positions. Having an Executive MBA shows that you are good at solving work issues and making important decisions for a company. If you are interested, check out the table below for all the info you need about the Executive MBA program.

Course Name

Executive MBA

Course Level

PG

Executive MBA Admission Process

Entrance Exam based

Accepted Entrance Exam for Executive MBA

CAT, XAT, NMAT, CMAT, GMAC

Executive MBA Course Fee (INR)

INR 4 Lakhs to INR 25 Lakhs

Average Salary for Executive MBA

INR 10 to INR 15 LPA

Top Recruiting Organizations

JP Morgan, Barclays, Accenture, TCS, Infosys, and Wipro

Top Recruiting Areas

Banks, offices, hotels, corporate buildings, and online shopping portals

Top Job Profiles

Project manager, business development manager, banker, investment banker, and HR manager

Executive MBA Benefits

Getting an Executive MBA comes with some great perks. Here is a simple rundown of the benefits:

  • Job Boost: An EMBA can help you climb the career ladder and land better jobs.

  • Respect and Recognition: People look up to you when you have an EMBA, and it can bring you more respect in the workplace.

  • Skill Power: You learn super useful skills for making important decisions in a company.

  • Strategic Thinking: EMBA teaches you how to think strategically, which is like having a special superpower at work.

Executive MBA Eligibility

To be eligible for an EMBA program, you typically need to meet the following criteria:

Work Experience: EMBA is for people who have been working for a while, usually around 5 to 10 years.

Education: You typically need a bachelor's degree from a recognized school. Some programs might want you to study a specific subject, but others might accept you based on your work experience.

Entrance Exam (If applicable): Some Top executive MBA Colleges might ask you to take a test like GMAT or GRE, but not all of them.

Those who satisfy the Executive MBA Admission Requirements can apply for the desired colleges. However, applicants need to check the criteria before filling out the application form.

Does the Executive MBA have an age limit?

There is not usually a strict age limit for Executive MBA programs. EMBA is meant for people who have been working for some years, usually between 5 and 15 or more. The important thing is to have good work experience, and each program might have its criteria.

Executive MBA Admission Process

Getting admission into an Executive MBA program involves several steps.

Work Experience and Profile:

  • Many Top EMBA colleges, like SP Jain and IIMs, prefer students with a solid work profile and significant experience.
  • Understanding your field and having insights into the market is crucial.

Entrance Exam:

  • The main entry point is through entrance exams.
  • GMAT is a widely accepted exam, with a score of 750+ considered ideal.
  • Some IIMs also accept CAT scores, valid for up to 5 years.

Language Test:

  • Some programs, like IIM Bangalore's EPGP and IIM Udaipur's PGPX, may require a language test.
  • These programs often involve international exposure.

Group Discussion:

  • Test your communication skills.
  • Stay updated on current affairs for better performance.

Essay Writing (WAT):

  •  The Writing Ability Test (WAT) is crucial for expressing your goals and aspirations.
  • Prepare thoroughly, as it carries significant weight in the admission process.

Personal Interview (PI):

  • The final and crucial round is where your overall personality is judged.
  • The panel looks for distinct traits to determine if you can add value to the program.

Types of Executive MBA Courses

Executive MBA courses come in different types to suit your schedule. Here are three common types:

Full-Time Executive MBA:

  • You attend classes on a full-time basis, similar to regular MBA programs.

  • Ideal if you can dedicate yourself to intensive, immersive learning.

  • Suited for professionals looking for a quick and comprehensive education.

Part-Time/Weekend Executive MBA:

  • Designed for those working during the week.

  • Classes usually take place on weekends or during evenings.

  • Allows you to balance work and study.

Distance Executive MBA:

  • Offers flexibility for working professionals.

  • You can study remotely, often through online platforms.

  • Allows you to manage your own pace of learning.

Executive MBA fee structure

The fees of Executive MBA programs can differ a lot, depending on things like how famous the college is, how long the program lasts, and other amenities. Here's a basic idea of what you might expect to pay for an Executive MBA in Top Colleges.

Executive MBA Best Colleges

Executive MBA cost

Indian Institute of Management Ahmedabad

25,00,000

Indian Institute of Management Lucknow

21,40,000

Indian Institute of Management Bangalore

20,00,000

SP Jain School of Global Management

14,04,000

Symbiosis Centre for Management and HRD

2,10,000

Symbiosis Institute of Business Management

2,60,000

Indian School of Business

37,00,000

Amity University

6,20,000

Indian Institute of Business Management and Studies

40,800

Narsee Monjee Institute of Management Studies

4,70,000

Delhi Technological University

2,30,000

University of Delhi - Faculty of Management Studies

95,000

Executive MBA Syllabus

The Executive MBA course is divided into core courses and electives. Because it's made for working professionals, you don't have to do mandatory industry training. Classes happen online, on weekends, or in the evening. The usual way of teaching is through lectures and seminars. Sometimes, students might need to write papers or give presentations as part of the course:

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