What is Executive MBA?
Not all MBA aspirants can afford to join regular courses owing to their time- and professional-related constraints; nonetheless, they can utilise their managerial experience and professional expertise to reduce the course duration to a certain extent. An Executive MBA in their preferred specialisation is an ideal solution for such folks. Offered by various colleges and universities across the country, this particular course is designed in a way to ensure that working professionals could learn the ins and outs of management apart from the subjects peculiar to their preferred specialisation. They can do so without consuming much of their valuable time.
Skill Sets Required for Executive MBA
This list includes some essential skills desirable in an Executive MBA aspirant:
Innovation
Negotiation
Decision Making
Peer Learning
Leadership
Problem Solving
Communication Skills
Teamwork
Admission Procedure & Exams
What is Executive MBA?
Those seeking admission into any of their favoured Executive MBA courses do need to follow the same admission process that is applicable to others applying for full time, online or dual MBA. The first step invariably is Common Entrance Test, followed by Group Discussion and Personal Interview. Here is a brief depiction of all steps of the admission process in question:
Exams for Executive MBA
Common Entrance Tests
Common Entrance Tests have Data Analysis / Interpretation, Analytical / Logical / Critical Reasoning, Quantitative / Mathematical Skills, Language Comprehension / Verbal Skills and General Awareness as their components. Read on to know about Executive MBA entrance tests and colleges that accept the scores of these tests:
Common Admission Test (CAT): Aspirants who are pursuing their single motto of getting admission into the leading IIM’s do need to clear Common Admission Test with a decent score, which could eventually help them secure their seats. IIM Indore accepts CAT scores of the Executive MBA aspirants.
Graduate Management Admission Test (GMAT): GMAT scores form the basis of admission into IIM Ahmedabad, XLRI Jamshedpur, IIM Bangalore, ISB Hyderabad & Mohali, IIFT Delhi & Kolkata, Dept. of Management BITS Pilani and other top B-schools.
Group Discussion & Personal Interview
Almost all Indian based MBA colleges and universities follow identical admission process that has GD and PI as their core components. Executive MBA aspirants do need to prove their communication skills, group behaviour, creativity, self-confidence, assertiveness, reasoning ability and initiative through the GD round, which further paves the way for Personal Interview.
While interviewing aspirants for MBA Executive courses, interviewers keep a close tab on their personal goals, the level of self-awareness and academic objectives, work experience apart from asking them to display their analytical abilities.
Duration, Delivery Type & Fee Structure
Type
|
Fee Structure
|
Duration
|
Executive MBA Full Time
|
3-25 Lakhs
|
1 -2 years
|
Distance Learning
|
1.5 Lakhs and above
|
1 year and above
|
Online
|
25K and above
|
1 year
|
Specializations
Executive MBA in Finance
Executive MBA, which further branches out into various specialisations, focuses on different niche subjects peculiar to particular courses.
Executive MBA in Finance finds ample takers in the form of working professionals who want to explore further opportunities in this specialised field
Syllabus: During the Executive MBA (Finance) course, students get to know the ins and outs of Managerial Accounting, Human Resource Management, Marketing Management, Business Communication, Business Law, Project Management and Management of Financial Services.
Job Prospects: Some positions worth exploring for Executive MBA degree holders include Chief Marketing Officers, Financial Managers, Financial Consultants and Financial Analysts.
Executive MBA in Marketing
Those who wish to hone their marketing managerial skills find Executive MBA in Marketing ideally suited to their desires.
Syllabus: Some of the subjects taught to Executive MBA students include Financial Management, Marketing Management, Operations Management, Corporate Governance, Corporate Image Building, Social Entrepreneurship, and so on.
Job Prospects: Executive MBA degree holders in Marketing can occupy positions like Head of Digital Marketing, Media Planner, Market Research Analyst, Sales Manager and Marketing Managers.
Executive MBA in Human Resource Management
With some years of professional experience under their belts, aspirants of Executive MBA in Human Resource Management can progress further with ease with their new qualification.
Syllabus: Major subjects taught to Executive MBA (HR) students include Business Law, Business Communication, Human Resource Management, Strategic Management, Labour Law and Performance & Compensation Management.
Job Prospects: Executive MBA in Human Resource Management opens up a world of opportunities for aspirants. Some of the key positions available for such postgraduates include Payroll Specialist, Training Manager, Labour Relations Manager and HR Information Systems Manager.
Executive MBA in IT
Those looking forward to delving into the details of selection, planning, design, implementations, usage and administration of emerging informing technologies would find Executive MBA in IT ideally suited to their requirements.
Syllabus: The Executive MBA in IT syllabus includes Information Systems Architecture, Information Technology Planning, Supply Chain Management, Technology Management, Organisational Dynamics and Advanced Strategic Management.
Job Prospects: Executive MBA in IT postgraduates are given due preference in job titles, such as IT Director, IT Manager, Chief Technology Officer and Chief Information Officer.
Executive MBA in Hospitality Management
With tourism sector in India reaching new highs, it has become one of the leading direct job providers; however, candidates need to meet certain educational qualifications to occupy leading positions. An Executive MBA degree in Hospitality Management is one such qualification that readies aspirants for the challenges ahead of them.
Syllabus: Students of Executive MBA in Hospitality Management study Business Development, Sales, Customer Psychology, Finances, Budgeting and Organisational Analysis as the core subjects of the curriculum on offer.
Job Prospects: After clearing Executive MBA in HM course, individuals can explore various hospitality related career niches. Aside from occupying several managerial positions, they can establish their own hospitality businesses as well.