Overview of Executive MBA

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Overview of Executive MBA

Of all the career options present today, an MBA or a post graduate diploma in management (PGDBM) is most sought after. Even after recession there has been an increasing need for top level managers in business establishments across all sectors of the economy.

The impact of privatization, globalization and liberalization has fueled this demand and those with an MBA degree from a reputed institute are the direct beneficiaries. A person with an MBA from a reputed institute can be guaranteed a bright future in the corporate world. MBA course curriculum in India can be categorized into 5 types as in 2010

1.Full time MBA
2.Part time MBA
3.Executive MBA
4.Distance MBA
5.Online MBA

Of All these options an executive MBA is the most sought after option by wroking professionsla usually at senior positions. The executive MBA is commonly referred to as EMBA and are designed specifically to enhance the careers of working professionals, managers and executives.They are for those professionals who are looking to update the general management skills and prepare themselves for career advancement opportunities. In most EMBA programs students’ professional experience and expertise becomes an integral part of the curriculum. Executive MBAs give an edge over normal MBAs as this program is specially designed for middle level executives already having strong experience in their domain.

So If you are a working professional and can not afford to assign time for full time education, then executive MBA programs are just for you. These EMBA programs allow you to earn an MBA or other management related degree in two years or less while working full time (some executive MBAs extend upto three years) .The EMBA is typically completed during the evenings or on weekends over a two year period.

The participants come from different organizations profit and non profit and represent a variety of industries.What really sets the executive MBA apart from many other MBA programs is the level of experience and insights that students bring to the program.

If you are having more than 6 years of work experience, you can go for Executive MBA from any distinguished B-School in the country.You can also expand your domain of knowledge by getting in touch with professional who generally have 5 to 10 years of experience in their fields and these programs usually attract people of age groups 28 to 55 years.

You might be wondering what is being taught at an Executive MBA Program.
The emphasis is usually laid on general management training, increased competence in management specialties, management of international businesses, organizational and interpersonal skills and sophisticated understanding of the integration of businesses and their environments. As far as courses are concerned, they are normally the same as those taught in traditional MBA programs- Accounting, Finance, Statistics, Marketing, Information systems to name a few.

The criterion for selection is usually the students CAT or GMAT scores his or her own professional performance, academic records,professional recommendations and a demonstrated ability to accomplish graduate-level business coursework.

TOP INTERNATIONAL B-SCHOOLS OFFERING EMBA PROGRAMS

1-Northwestern, Kellogg
2 – Chicago
3 – Pennsylvania, Wharton
4 – Duke, Fuqua
5 – UNC, Kenan Flagler
6 – U Southern Calif, Marshall
7 – NYU, Stern
8 – Emory University, Goizueta
9 – Georgetown
10 – UCLA, Anderson

If you are looking for an EMBA from India then you could opt for any of the below given institutes

The Faculty of Management Studies at Delhi University, Indian Institute of Foreign Trade, and Indian Institute of Management, Ahmedabad all rank within the top five in India for executive education.

1.Institute: Symbiosis Institute of Management
Course Name & Duration: Executive MBA  2 ½ Years
Eligibility: Graduate with 5 years experience
Selection Process: Written Test and Interview
Res./ Non Residential: Non Residential

2.Institute: IIM Ahmedabad
Course Name & Duration: PGPX (Post Graduate Program for Executives ) 1 Year
Eligibility: Graduate, Minimum 27 years of age
Selection Process: GMAT Scores
Res./ Non Residential:Residential

3.Institute: IIM Bangalore
Course Name & Duration: Executive General Management Program Duration 7 to 8 Months
Eligibility: Graduate, Minimum 5 years experience
Selection Process: CV and Interview
Res./ Non Residential: Non Residential

4.Institute: IIM Calcutta
Course Name & Duration: PGPX (Post Graduate Program for Executives )1 Year
Eligibility: Graduate, Minimum 5 years experience
Selection Process: GMAT Scores
Res./ Non Residential: Residential

5.Institute: IIM Indore
Course Name & Duration: Executive Post Graduate Program (Part Time)  18 Months
Eligibility: Graduate, Minimum 5 years experience
Selection Process: CAT/GMAT Scores and interview
Res./ Non Residential: Non Residential / Residential

6.Institute: XLRI Jamshedpur
Course Name & Duration: Executive Post Graduate Program� 3 Years
Eligibility: Graduate and Minimum 3 years experience
Selection Process: XAT Test & interview
Res./ Non Residential: Residential

7.Institute: XLRI Jamshedpur
Course Name & Duration: Executive Fellowship Program in Management 4 Years
Eligibility: MBA, Managerial / Supervisory experience Minimum 3 years experience
Selection Process: Personal Interview
Res./ Non Residential: Residential / Non Residential

8.Institute: Indian Institute of Foreign Trade – IIFT
Course Name & Duration: Executive Masters in International Business (Via VSAT)18 Months
Eligibility: Graduate with 5 years managerial experience or PG degree with 3 years managerial experience
Selection Process: Essay, GD and Interview
Res./ Non Residential: Non Residential

9.Institute: Indian School of Business ISB Hyderabad
Course Name & Duration: MBA 1 Year
Approx Fee: 15 Lakh
Eligibility: Graduate, Work experience desirable
Selection Process: GMAT Scores Plus Personal Interview
Res./ Non Residential: Residential

10. NIIT Imperia, with the Indian Institute of Management (IIM) Ahmedabad, Calcutta and Indore as academic partners, has set up virtual classrooms throughout India and middle managers can attend management courses without even being in the traditional classroom of lecturer and students.

If you are having an adequate experience, you should go for an EMBA degree rather than enroll yourself for a Part-time or distant/online course. In a Part-time course, there is the chance of you getting complacent since, this is not a full-time course and you may not be able to continue the course for 3 yrs at a stretch along with your work. So better, work a little harder for 1 year and relish the fruits of success for the coming years!

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