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What is the process and eligibility of getting enrolled in an executive MBA from IIM Calcutta?
IIM Calcutta is among the top B Schools in the customized executive education category globally. It offers 2 executive programs - PGP-Ex or Post Graduate Programs for Executive, and
PGP-Ex-VLM or PGP-Ex for Visionary Leadership in Manufacturing.
Factors considered in the selection process include:
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Academic record
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Work Experience
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Performance in aptitude tests
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Personal interview
Now let’s have a glimpse of both courses individually.
PGPEX:
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1-year full-time program
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It is for Industry Executives who have worked for more than five years in the industry.
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The program helps people stuck in the middle of their careers to upgrade their management skills and climb the ladder to top management roles.
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You require a Bachelor's degree to join the program.
PGPEX-VLM:
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1-year full time program
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It focuses on the manufacturing industry
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Co-run by IIM Calcutta, IIT Kanpur, and IIT Madras
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You require an engineering degree and a minimum of four and a half-year of work experience in manufacturing, engineering, and related sectors.
Both programs are equally good. The only difference lies in the fact that the latter focuses on manufacturing and technical aspects more than the former.
What are the placement prospects for one pursuing PGP from IIM Bangalore with 7 years of work experience in PSU?
- Candidates with 0-2 years of work experience are good for finals but have few chances in laterals. Preferred in marketing, finance, and top consulting positions (for the brightest).
- Candidates with (2-3.5) years of professional experience are excellent for laterals and finals. Preferred in all situations, including consulting.
- Candidates with (3.5-4.5) years of work experience: Good for laterals, with an average chance of making it to the finals (but good for average consulting roles and relevant experience)
- Candidates with 4.5+ years of work experience have a poor chance of making it to the finals, except for relevant experience and some consulting roles, and a mixed chance of making it to the laterals ( some might end up getting good, for some, it might be average)
It is determined by the candidate's profile, achievements, type of work experience, GPA (DML list), networking, communication skills, the nature and demand of the recruiting company, the job market, availability, and so on.
Prospects for 7 years of work-ex are now available. With that, you should be prepared to explain its alignment with your career goals during the shortlisting process. Some startups do offer opportunities to talented students with extensive work experience. Getting on the DML list increases your chances of success everywhere. You should have place com people on your side. If you believe that these things are difficult for you, try taking sabbaticals/study leaves (if you work in a PSU) and evaluating later. You will almost certainly be assigned here. The placement's quality cannot be guaranteed.
How is IIM Bangalore PGPEM different from EPGP or PGP program? What are the global rankings and accreditations for these programs?
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.
How is an EMBA from XIMB in terms of placement and ROI?
XIMB Executive MBA (Business Management) Admission is based on the CAT/XAT/X-GMT scores followed by the personal interview round. XIMB EMBA is a one-year full-time Executive MBA program with a specialization in Finance, Operations Management, General & Strategic Management, Entrepreneurship, Marketing, Information Systems, Business Analytics, Banking, Insurance, and Financial Services.
|
Particulars |
XIMB EMBA |
|
Average Package |
INR 1,754,000 |
|
Tuition Fees |
INR 15,20,000 (1 Year) |
The RoI is close to 105% when compared with average placements of XIMB EMBA. As we can see, XIMB is doing great in terms of placement and RoI.
How is IIM Kozhikode for an Executive MBA for someone with 10 years of work experience? Is the time duration and investment worth it?
If the job opportunity offered at the end of an Executive MBA from IIM Kozhikode is less than what you are already earning, it’s not logical to invest 20 Lakhs and gain nothing in return. However, irrespective of your current package, an Executive MBA is a unique qualification and will help you for further growth.
There are many institutes that offer Executive MBA at lesser fees than IIMs. Listed below are some of the top institutes offering Executive MBA courses in the country along with the fees charged by them
|
Symbiosis Center for Management and HRD |
INR 2,10,000 |
|
Symbiosis Institute of Business Management |
INR 2,60,000 |
|
Amity University |
INR 6,20,000 |
|
Indian Institute of Business Management and Studies |
INR 40,800 |
|
FMS |
INR 95,000 |
|
Delhi Technological University |
INR 2,30,000 |
A few institutes even offer triple accredited Executive MBA which is the most valued. Ultimately, you should not focus on the institute but on what it offers.
Shall I go for PGDBM from NMIMS, or shall I go for PGCBM from XLRI, Jamshedpur? Please feel free to advice any other course, apart from these two related to EMBA. I have 5 plus years of experience.
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.
How are placements at IIM Calcutta PGPEX VLM? Is it worth it in the long-run?
This course is specifically for people from manufacturing companies. This is not like the general PGPEX program. VLM also has tie-ups with IITs and Japanese firms for internship opportunities.
The placement statistics for PGPEX VLM at IIM Calcutta are tabulated below:
|
Particulars |
Placement Statistics |
|
Total No of students |
39 |
|
Total no offers |
38 |
|
Total Companies participated |
31 |
|
Highest CTC |
INR 47.5 LPA |
|
Average CTC |
INR 18.9 LPA |
|
Median CTC |
INR 18 LPA |
If you are looking for general management and want an accredited internationally ranked program then you can pursue PGPEX.
Is an executive MBA in healthcare management from IIM Calcutta helpful?
IIM Calcutta’s MBA Executive is a one-year residential program for executives. The candidates who wish to apply for the course must have more than five years of professional experience. The program is meant for mid-career professionals to enhance their skill sets as they strive to achieve top management positions in their industry.
IIM Calcutta is accredited by AACSB, AMBA, and EQUIS: becoming the first Indian management institute to receive triple accreditation from all three major accreditation agencies in the world for management education.
IIM Calcutta is at the 3rd rank in the NIRF India Rankings 2022: Management.
Therefore, if you are a working professional who wants to enhance your skills for top management positions, you should consider an Executive MBA from IIM Calcutta.
How is PGPM, Great Lakes Gurgaon in terms of placements and roles offered?
Great Lakes, Gurgaon is growing and making progress as an institute. The management puts in extra efforts intending to make it one of the desired B-schools of the country. One of my friends studied there and according to him, the placements are really good.
- Top companies offer placements with salary packages ranging from 9-12 LPA.
- All that you require is the right set of skills and attitude. For instance, in sales, you can land up a job offering a package of INR 14 to 18 LPA, if you have relevant previous work experience and profile.
- Your caliber and your ability to crack the interviews are the two things on which your selection is highly dependent.
- Many mid-sized start-up companies visit the campus for placement and offer great job profiles along with decent packages of around INR 9-10 LPA.
|
Categories |
Great Lakes, Gurgaon |
|
Placement Percentage |
80-90% |
|
Highest CTC |
18-22 LPA |
|
Average CTC |
10 LPA |
|
Recruiting Companies |
Deloitte, KPMG, Loreal, Asian Paints, etc. |
Thus it is suggested that you go for Great Lakes, Gurgaon as it will be a reliable choice for your career ahead.
Why it is continuously hard for IIM A, B, C, XLRI to compete with ISB in executive program in spite of it being just 15 years old?
One of my friends at ISB claims that the main reason for ISB Hyderabad to hold the top position in the executive program over the years. It is its core competency rather than just competing with institutes like IIMs and XLRI, who lead in the 2-year MBA and PGDM programs.
The points below provide a brief overview of the success story of ISB Hyderabad.
- ISB Hyderabad has been developing with a work experience of above two years at least.
- Due to the shorter time span of the executive program, it is more popular and in demand.
- In the traditional MBA program, the curriculum is an extension to the undergraduate program, emphasizing mostly classroom learning.
- ISB Hyderabad has somewhat established a cheaper alternative to the so-called American MBA system.
- There are collaborations with companies like Kellogg’s, which helped in fulfilling the demand for a world-class MBA degree.
- They have a lot of contribution in its breaking into the Indian executive MBA program market.
- It has resulted in a program that is half-priced as the American MBA programs.
- The program in ISB is just 11 months, as opposed to the 24 months MBA program from other institutes.
- For fresh graduates, IIMs are always the first priority, which offers a standard 2-years MBA degree. The core competency of IIMs is to train the less experienced students. But, in the last few years, IIMs are getting into the executive programs in MBA, but those are treated under the non-core segment.
Although ISB charges twice as much as IIMs at present times, it has been the first choice for working professionals for the reasons stated above. The core competency of ISB discussed above makes it the clear winner in executive education, which the IIMs and XLRI cannot defeat.
dOGVmW
