Executive MBA (EMBA) programs are created to meet the educational requirements of managers and executives, permitting students to acquire an MBA (or another business-related graduate degree) in two years or less while working. Candidates come from each kind and size of organization- profit, not-for-profit, government - from different industries. EMBA students usually have more work experience, 10 years or more, compared to other MBA students.
Like the MBA, the Executive MBA (EMBA) gives a comprehensive business education across a range of subjects like finance, accounting, marketing, etc. The EMBA degree likewise centers around leadership and helps support your business skills, knowledge, and network, however is designed for more experienced professionals.
If you're in a leadership position, or want to be, signing up for an EMBA could be the subsequent stage in advancing towards the c-suite.
The principal distinction between an Executive MBA and an MBA is that EMBA students are usually more experienced, leader level experts who already hold management positions. According to the Graduate Management Admission Council (GMAC), 65% of EMBA students are age 31 or older.
EMBA programs are almost in every case part-time, developed for busy working professionals. If you want to work while you study, and already have a good work experience, you could be a decent candidate for an EMBA. However, there isn't a lot of difference in the curriculum of the normal MBA/PGDM program and the Executive MBA/PGDM program.
Since Executive MBA/PGDM is designed for working professionals with extensive work experience, it is of a shorter duration (15 months to year and a half) and often in part-time mode. Although the fees of an Executive MBA program (INR 10 lakh to INR 40 lakh) is more than the regular MBA program, the advantage of choosing EMBA is that some companies give monetary help by supporting its workers for the program.
Executive MBA Eligibility Criteria
Eligibility criteria for Executive MBA is similar to Regular MBA. The basic eligibility criteria for Executive MBA/PGDM is given below:
Should have completed bachelor’s degree with a minimum of 50% aggregate or equivalent from a recognised university. In many colleges, the minimum cut-off marks is not mentioned
Should have at least 2-5 years of work experience at a managerial or executive level.
Work experience in part time mode is not considered
Number of working years differ in every institute. Some prefer minimum of 2 years whereas some want at least 5 years.
Management Entrance Exams for EMBA
You can get admission in EMBA through the following top exams- GMAT, GRE, CAT, XAT, NMAT by GMAC, EMAT, and CMAT.
Like for regular MBA, the admission process for EMBA is mostly the same- Entrance Exam, Group Discussion, and Personal Interview. GMAT and GRE are accepted by most of the top management institutes in India for EMBA. IIM-Bangalore, ISB-Hyderabad, International Management Institute in Delhi, Christ University-Bangalore, IIT-Bombay are some of the top institutes in India to pursue the Executive MBA course.