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Executive MBA not only enhances academic qualifications but also opens career opportunities for professionals seeking to advance in their respective fields. Designed for individuals with significant work experience, an EMBA provides a unique platform for executives to hone their skills, gain strategic insights and deepen their understanding of business dynamics.
The basic Eligibility Criteria required by candidates for pursuing an Executive MBA include completing an undergraduate degree in any discipline from a recognised university with an average aggregate score of 50% and above or an equivalent CGPA. They are also required to have a minimum of 2 years of work experience in the management field.
Graduates of Executive MBA programs are highly sought after by employers, as they bring practical knowledge and a sophisticated understanding of business challenges. The EMBA experience not only equips students with advanced managerial skills but also fosters a valuable network of like-minded professionals and industry connections. EMBA graduates often find enhanced career prospects with increased responsibilities, and the potential to lead organisations.
Table of Contents
What are the Benefits of Pursuing an Executive MBA?
Some of the top benefits of pursuing an Executive MBA are mentioned in the table below.
Benefit | Description |
---|---|
New Skills | Students are exposed to an array of new skills during the course. Critical thinking, Strategic thinking, analytical reasoning, management techniques and team building are some of the top skills learned by students. |
Career Development | The course provides advanced management skills, strategic thinking and a strong professional network, enabling accelerated growth and aiding in career development. |
Immediate Rewards | The nature of the EMBA, which enables students to work and study simultaneously, is incredibly relevant leading to immediate rewards for professionals and the company. Around 54% of the executive MBA candidates get increased job responsibilities and 39% are awarded promotions. |
Networking | Network building is the most valuable outcome of an Executive MBA. It connects professionals from diverse industries, fostering valuable relationships and providing opportunities for collaboration and career advancement. |
What is the Placement Record for Executive MBA graduates?
The placement record from some of the top management institutes is mentioned in the table below. The Return on investment is high in Executive MBA as within an approximate period of 17 months graduates can get the return on money they. have invested.
Institute | Average Work Experience | Average Fees (INR) | Average Placement Package (INR) |
---|---|---|---|
IIM Ahmedabad - PGPX | 4 to 16 years | 31.50 L | 35.68 LPA |
IIM Bangalore - EPGP | NA | 28.50 L | 33.07 LPA |
IIM Calcutta - MBAEx | NA | 31 L | 35.07 LPA |
IIM Indore - EPGP | 8.9 years | 22.11 L | 27.8 LPA |
IIM Lucknow - IPMX | NA | 26.62 L | 26.47 LPA |
What is the Placement Statistics for Executive MBA Graduates?
The placement statistics from some of the top colleges that offer Executive MBA programs are as follows.
Parameter | IIMA - PGPX | IIMB - EPGP | IIMI - EPGP |
---|---|---|---|
Students graduated | 130 | 130 | 57 |
No. of students who got placements through the institute | 128 | NA | 48 |
No. of international offers | NA | 14 | NA |
Average salary – INR (domestic) | INR 35.68 LPA | INR 33.07 LPA | INR 27.8 LPA |
Highest domestic salary | INR 1.08 CPA | NA | INR 43.9 LPA |
Average international salary – (USD) | $123,949 | NA | NA |
Highest international salary (USD) | $212,347 | NA | NA |
How is the Placement at IIM for Executive MBA graduates?
The placement details for some of the top IIMs are as follows.
- IIMA PGPX Placements
- Average Work Experience: 4 to 16 years.
- Job Roles: Marketing, Consulting, Operations, Banking.
- Top Recruiters: BCG (South-East Asia), Bain, PwC, Mc Kinsey, KPMG, Infosys
- No. of Offers: 178
- IIMB EPGP Placements
- Average Placement Package: INR 33.0 LPA
- Job Roles: Management, Consulting
- Top Recruiters: BCG, Bain & Company, Accenture Strategy
- IIMC PGPeX Placements
- Top Recruiters: Avendus Capital, Citi Bank, Deutsche Bank, HSBC, Goldman Sachs, Morgan Stanley, Standard Chartered
- No. of Offers: 573
- Average CTC: INR 35.07 LPA
- IIM Lucknow IPMX Placements
- Median Package: 26.62 LPA
- No. of Offer: 90+
- Top Recruiters: Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG
Executive MBA Jobs FAQs
Ques. Is an Executive MBA better than switching jobs for a salary hike?
Ans. If you are looking to switch jobs for a higher salary package then you can also go for an executive MBA as this may give you a better hike. Around 54% of the executive MBA candidates get increased job responsibilities and 39% are awarded promotions. The average salary of an Executive MBA ranges from INR 11 to INR 17 LPA.
Ques. Is Executive MBA a good choice for switching careers?
Ans. EMBA can offer you high-paying opportunities not only in India but also in the world. For switching careers, EMBA is a good option because it lets you acquire a degree without having to compromise with your job. You can pursue it while working.
Ques. What are the post-EMBA career prospects or which industry should we go for?
Ans. If you are thinking about post-EMBA career prospects, then you should consider the industry you are currently working in or the industry you are looking forward to working in. EMBA holders in IT and Healthcare get a chance to update their industry knowledge in specialisations that offer the latest approaches to their respective evolving landscapes.
Ques. Is Executive MBA beneficial for a candidate looking forward to starting his own entrepreneurial Avenue?
Ans. Executive MBA majorly helps in network building and this is a key factor in starting a new avenue. Pursuing an Executive MBA helps you enhance your background so that you can make the right contacts in the right circles. It helps you in the future when you wish to take your career to the next level. Among the top MBA programs for entrepreneurship, consistently around 20% of students launch a startup soon after graduating. An Executive MBA is also an overall advancement in the career which aids in starting a business.
Ques. Which IIM should be considered for pursuing an Executive MBA?
Ans. The choice of the IIM for pursuing an Executive MBA depends on factors such as program structure, faculty, alumni network and personal preferences. IIM Ahmedabad, Bangalore and Calcutta are often considered among the top choices.
Ques. How long does it take to complete the executive MBA course?
Ans. The duration of an executive MBA course is generally a year but it can range from 12 to 24 months.
Ques. Who is the target audience for executive MBA courses?
Ans. Executive MBA courses are generally targeted at mid to senior-level professionals looking to enhance their skills, improve their career growth or transition to higher management roles.
Ques. Name some top colleges offering executive MBA courses.
Ans. IIM Ahmedabad, IIM Bangalore, IIM Indore, XLRI, IIT Delhi and IIM Kozhikode are some of the top colleges offering executive MBA courses.
Ques. Can freshers do executive MBA?
Ans. No, an executive MBA is specially designed for working professionals looking to learn new skills and improve their careers.
Ques. Who is eligible for an executive MBA?
Ans. Working professionals with 2 or more years of experience and an undergraduate degree from a recognised university are eligible for executive MBA courses.
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