No, I wouldn’t recommend you apply for a PGPX course at IIM A B or C if you have completed a part-time MBA from IIM Lucknow. The reason is the huge overlap of electives in almost all the programs offered at IIMs. Leaving a few courses most of which are repeated in all the programs be it part-time or full-time.
Towards the end of the course, you might end up spending a hefty fee and lots of time and yet not learning anything new. If anything you might just get placed at a better firm. But that too will be useless if you are unable to harness the acquired knowledge and skills in the open market. The question is if your job will be worth your year lost, your lost opportunities, and 25-30 lakhs of loan.
Still, if you want to pursue the course go for a top MBA course abroad. That might make a difference in your resume and job prospects.
IMT Ghaziabad weekend PGPM program is most suitable for working professionals who cannot spare much time from their work life to pursue MBA. People who are unable to pursue a regular MBA due to personal reasons can only go for this program.
Eligibility: The eligibility criteria is a minimum of 3 years of work experience. Sometimes they might even ask for a sponsorship letter from your employer.
The program is a well-structured one and has been established for a long time now.
Fees: The fees for this program are INR 7.25 Lakhs.
Suitability: The program is a good choice if you want to upgrade your skills, broaden your learning experience, or switch careers. Homeowners if you are looking for a salary spike this program does not guarantee it as it provides placement assistance but not proper placement opportunities.
IMI Delhi Executive PGDM is a very good choice if you are on the lookout for improving your learning caliber and climbing the corporate ladder higher. It is most suitable for working professionals who join on a sabbatical and don’t leave their jobs to pursue this program.
The faculty is highly experienced and will guide you throughout the program. The placement for their flagship course is better than the executive course. They falsely claim to offer lateral placement support. If you are joining the program be prepared for no general increase in salary or placements. Join the program only if your primary purpose is to learn. Less than half of the students get placed in this program too with below-average packages. If you are ready to face it with a positive mindset, then only opt for this program.
As a prospective MBA student, it's important to consider the infrastructure and resources that an institution can provide to help you become industry ready. IMT Ghaziabad offers a unique program that includes a variety of features to support your development.
The Executive MBA program at IMT Ghaziabad boasts highly qualified professors, industry speakers, guest lectures, case-based learning, and pedagogy that aligns with the top MBA programs worldwide.
Peer-to-peer learning is also a key feature of the Executive program. The diverse batch strength, composed of professionals from various industries, provides a rich learning experience in class.
One of the highlights of the program is the international immersion term, where students have the opportunity to visit a leading business school in another country. For example, your batch may have the chance to visit France (Marseille) and gain exposure to international business settings. This can be a valuable and enriching experience
Rather than telling you what to choose, I will list down the pros and cons of both the B Schools and leave it to you to make the final decision.
Mannheim Business School, Germany
Pros
Cons
IIM Bangalore
Pros
Cons
Weighing both the pros and cons you can now make a decision easily. In my opinion, go for the German B School if you have plans for permanently settling abroad. But if you want to eventually stay in your home country then IIM Bangalore is the best option for you.
At IIMB, the EPGP program is a full-time MBA program that is accredited by EQUIS and AACSB and it is even ranked at 33 in the Global MBA ranking list. PGP is a full-time 2-year program ranked in the top 20 programs in the World in the Master in Management category. You will find the PGPEM program is quite an executive correspondence course ranked among the top 100 in the executive education category. Only the EPGP and the PGP offer you placement at senior and junior positions respectively.
Here I'm briefly mentioning the Major Highlights of IIM Bangalore.
Parameters | IIM Bangalore |
Tuition Fee | INR 23 LPA |
Placement Average | 100% |
Average Package | INR 13.74 LPA |
Hope this answered your question.
XLRI has a strong reputation for Human Resource (HR) management and Industrial Relations (IR) studies. If an individual is specifically interested in HR/IR, then XLRI would be a better option compared to NMIMS (Narsee Monjee Institute of Management Studies). However, if you are looking for a general management program, then NMIMS would be a better choice because of its excellent peer group and rigorous curriculum.
XLRI is still a good institute for other streams, but it is more specialized in HR and IR. Similarly, NMIMS is known for its general management program, and it may not have the same level of expertise as XLRI in HR/IR.
For a professional who has undertaken IIMs' Executive MBA, their salary varies from about INR 18 lakh per annum reaching up to even INR 90 Lakh per annum or more. However, this answer is definite. To determine the average salary package, however, let’s generalize the question. Salary varies from batch to batch. Also, campus salaries are higher than applying on your own. To analyze salaries, you need to break them up into segments. In the 3 to 4-year segment, the average could be around 15 to 18 lakhs. In the 5 to 8, it would go from 15 to 30 and above 8 years it's specific to your experience and fit. All figures I have quoted are CTC.
So an average salary analysis will not help.
If IIM Lucknow doesn't hire you for positions that are relevant to your experience in a 2-year program, it will be harder for you to land the desired positions (though there are exceptions).
The one-year MBA is designed for students with more than five years of experience and offers many benefits, including a balanced and diverse cohort from which you can learn from their past failures and successes. The placement scene for a 5-year-old male would be highly subjective (depending on your past experience, past brand name, etc.) People with less than six years of experience have been offered AVP positions in reputable MNCs. Therefore, it is dependent upon what you bring to the table.
Furthermore, because the 2-year course is 34/35 years old, industry acceptance is much higher than for the 1-year course, which is now in its 13th year.
Before making a decision, weigh your options and speak with as many alumni as possible.
With 10 years of experience in a professional field, a person rises upto the mid-senior level in his/her career. He/She has gained a lot of experience in the field. But after certain positions, a person without Management exposure will have a stagnant career and growth will be slow. It is always wise to get an MBA degree from IMT Ghaziabad which will help you rise ranks in the career ladder.
Switching positions will also help across industries because you will have a better understanding of the business aspect of the particular company and the industry as a whole.