An EMBA or Executive MBA is a premium, rigorous and accelerated program curated for senior executives with 5-15 years of experience. Executive MBAs have increasingly become popular among the working professional community especially after the pandemic with the course duration being optimal and the ROI increasing post-program. Opportunities for skilled professionals for leadership positions are galore.
Top Executive MBA programs in India:
IIM Ahmedabad - Indian Institute of Management
ISB - Indian School of Business
FMS Delhi - Faculty of Management Studies University of Delhi
IIM Calcutta - Indian Institute of Management
IIM Indore - Indian Institute of Management
IIM Kozhikode - Indian Institute of Management
Indian Institute of Foreign Trade
XLRI - Xavier School of Management
IMT Ghaziabad - Institute of Management Technology
Business Today ' 17
International Management Institute, New Delhi
Great Lakes Institute of Management, Chennai
Christ University, Bangalore
JMI New Delhi - Jamia Millia Islamia
K J SIM - K J Somaiya Institute of Management
SCMHRD Pune - Symbiosis Centre for Management and Human Resource Development
SIMS Pune - Symbiosis Institute of Management Studies
DoMS IIT Madras - Department of Management Studies Indian Institute of Technology
DSM DTU - Delhi School of Management Delhi Technological University
SIBM Pune - Symbiosis Institute of Business Management
DMS IIT Delhi - Department of Management Studies Indian Institute of Technology
VGSOM IIT Kharagpur - Vinod Gupta School of Management Indian Institute of Technology
IIM Tiruchirappalli - Indian Institute of Management
SIBM Bangalore - Symbiosis Institute of Business Management
IIM Shillong - Indian Institute of Management
Executive MBA Eligibility:
Qualifying Exams - GMAT is the main qualifying exam but select institutions also accept GRE or CAT. Limited colleges also conduct their own entrance exam called an Executive Assessment Test. A valid GMAT score of 700+/ CAT percentile of 95+/GRE score of 325+ is expected.
Work Experience of 5-15 years (depending on the institute)
Minimum 60% marks in aggregate (of all the years/semesters) or 6.00 CGPA on a 10-point scale or equivalent.
Recommendations by previous employers
Demonstrated ownership-driven tasks in startups or previously employed companies
Track record of successful teamwork and leadership
CV or Resume along with educational transcripts
SOP and Application Essays
Key Highlights of an Executive MBA:
Most Executive MBAs are flexible to accommodate working professionals and may have the option to have weekend classes or maybe a full-time 1-year program depending on the institution.
Duration - 1 Year (Residential) OR weekend batches (non-residential, can span over 2 years)
Fees - ~18 to 40 Lakhs
Specialization offered - Operations Management, Marketing Management, Finance Management, Strategy Management, Information Technology Management, and Human Resources Management
Top Companies that hire - TCS, Wipro, KPMG, Capgemini, Amazon, Flipkart, Google, Axis Bank, IBM, Accenture, and Cognizant.
Benefits of doing an Executive MBA vs PGDM:
Networking Opportunities - With the diverse cohort an Executive MBA offers, the networking opportunities available are immense. Students have met their potential co-founders, mentors, etc. during the course.
High ROI - Since the course duration is only 1 year in most cases, the fees is drastically lower than a two year program and the student is able to pay back the student loan faster (if applicable).
Boost in salary - Since the alumni of an Executive MBA already come with several years of experience they are often placed in senior leadership positions which means a marginally higher boost in salary is observed.
Salary Insights & Job Opportunities post an Executive MBA:
Senior Brand Manager, CEO, Financial Advisor, Sustainability Head, Marketing Head, Category Manager, CTO, Business Head, CFO, Senior Product Manager, etc.
The average salary package offered to Executive MBA pass-outs from top Indian B schools is ~36 LPA. Some cohorts saw as much as ~105% jump in their salary post the program.
If you’re an experienced professional looking to fast-track your career with an Executive MBA, the first step is to ace the GMAT or the GRE.
All the best for your preparation journey!