Is an Executive MBA program better than Part-time MBA?

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Is an Executive MBA program better than Part-time MBA ?

Executive MBA

An MBA degree with relevant work experience sounds good!!!!! That’s precisely what an Executive MBA is. The Executive MBA or EMBA is designed specifically to enhance the careers of working business professionals, managers and executives. The EMBA is usually geared towards professionals who are looking to update the general management skills and prepare themselves for career advancement opportunities. It’s different from Part-time MBA, especially because here you get the benefit of both full time MBA curriculum and enriching work experience. Preference is mostly given to a person having 5-10 yrs experience rather than one working for 3-4 yrs. This is mainly because Executive MBA is only of 1 year, so you really need to have enough work experience to get 1year waived off.

 

What really sets the executive MBA apart from many other MBA programs is the level of experience and insights that students bring to the program. In most EMBA programs students' professional experience and expertise becomes an integral part of the curriculum. Your valuable experiences in your job career are discussed and these become the Real Time Case Studies. Whatever hurdles you have come across are also being analyzed and what better solution could have been possible is discussed. People coming from various sectors and domains come together sharing each other’s thoughts and processes. Learning is primarily focused on practical knowledge through discussions, seminars, case studies etc.

So what is being taught at an Executive MBA Program?

The emphasis is on general management training, increased competence in management specialties, management of international businesses, organizational and interpersonal skills and sophisticated understanding of the integration of businesses and their environments. As far as courses are concerned, they are normally the same as those taught in traditional MBA programs- Accounting, Finance, Statistics, Marketing, Information systems to name a few. However, Executive MBA courses are enhanced by the extensive professional experience of the participants and are uniquely structured to teach a maximum amount of course material in an accelerated timetable.

Factors Affecting Selection of Candidates

A number of factors are considered in selecting candidates for an Executive MBA program. In most cases, each applicant is evaluated on his or her own professional performance, academic records, GMAT/CAT or other equivalent scores, professional recommendations and a demonstrated ability to accomplish graduate-level business coursework. An undergraduate degree is generally required, though it need not be a degree in business. Evaluation of students for admission to an Executive MBA program is a very individualized process. While test scores, grade point averages and other objective criteria are all considered, a prospective student’s background, work experience, career goals, desire to succeed and numerous other factors are considered in making an admission decision.

Now the inevitable question: Is an Executive MBA program better than Part-time MBA?

If you are having more than 6 years of work experience, you can go for Executive MBA from any distinguished B-School in the country. Executive MBAs give an edge over normal MBAs as this program is specially designed for middle level executives already having strong experience in their domain. Business strategies and leadership skills are main focus in this mode of MBA. EMBA is meant for professionals who have more working experience and who are already successful in their careers in the organizations.

Personally I feel, if you are having an adequate experience, you should go for an EMBA degree rather than enroll yourself for a Part-time course. In a Part-time course, there is the chance of you getting complacent since, this is not a full-time course and you may not be able to continue the course for 3 yrs at a stretch along with your work. So better, work a little harder for 1 year and relish the fruits of success for the next 30 years!!!!!!!

Institutes offering Executive MBA in India

 

MBA Programs for Working Professionals

 

Institute	Symbiosis Institute of Management
Course Name & Duration	Executive MBA – 2 ½ Years
Approx Fee	Rs 45,000 P.A., Rs. 75,000/- for sponsored candidates
Eligibility	Graduate with 5 years experience
Selection Process	Written Test and Interview
Res./ Non Residential	Non Residential

 

Institute	IIM Ahmedabad
Course Name & Duration	PGPX (Post Graduate Programme for Executives ) 1 Year
Approx Fee	10 Lakh
Eligibility	Graduate, Minimum 27 years of age
Selection Process	GMAT Scores
Res./ Non Residential	Residential

 

Institute	IIM Bangalore
Course Name & Duration	Executive General Management Programme Duration 7 to 8 Months
Approx Fee	1.8 Lakh
Eligibility	Graduate, Minimum 5 years experience
Selection Process	CV and Interview
Res./ Non Residential	Non Residential

 

Institute	IIM Bangalore
Course Name & Duration	Advanced Management Programme
Approx Fee	Not Available
Eligibility	Graduate, Minimum 10 years experience
Selection Process	CV and Interview
Res./ Non Residential	Non Residential

 

Institute	IIM Bangalore
Course Name & Duration	Advanced Financial Risk Management Program
Approx Fee	1.6 Lakh
Eligibility	Graduate, Minimum 2 years experience
Selection Process	CV and Interview
Res./ Non Residential	Non Residential

 

Institute	IIM Bangalore
Course Name & Duration	Advanced Financial Risk Management Program
Approx Fee	1.6 Lakh
Eligibility	Graduate, Minimum 2 years experience
Selection Process	CV and Interview
Res./ Non Residential	Non Residential

 

Institute	IIM Calcutta
Course Name & Duration	PGPX (Post Graduate Programme for Executives )1 Year
Approx Fee	8 Lakh
Eligibility	Graduate, Minimum 5 years experience
Selection Process	GMAT Scores
Res./ Non Residential	Residential

 

Institute	IIM Calcutta
Course Name & Duration	19 Programme for Executives - 1 Year
Approx Fee	varies
Eligibility	Varies
Selection Process	Varies
Res./ Non Residential	Residential

 

Institute	IIM Lucknow
Course Name & Duration	Post Graduate MBA Programme (Part Time) - 3 Years
Approx Fee	1.5 Lakh
Eligibility	Graduate (50%), Minimum 2 years experience
Selection Process	Written test, GD and interview
Res./ Non Residential	Non Residential

 

Institute	IIM Indore
Course Name & Duration	Executive Post Graduate Programme (Part Time) – 18 Months
Approx Fee	4Lakh
Eligibility	Graduate, Minimum 5 years experience
Selection Process	CAT/GMAT Scores and interview
Res./ Non Residential	Non Residential / Residential

 

Institute	FACULTY OF MANAGEMENT STUDIES (FMS) UNIVERSITY OF DELHI
Course Name & Duration	MBA (Part-Time) – 3 Years
Approx Fee	Rs 10,000 p.a.
Eligibility	Graduate, Minimum 3 years experience – Employer Sponsorship Required
Selection Process	Written Test and interview
Res./ Non Residential	Non Residential

Faculity of Management Studies Delhi University FMS Delhi Part Time MBA Admission notice 2009

Institute	FACULTY OF MANAGEMENT STUDIES (FMS) UNIVERSITY OF DELHI
Course Name & Duration	MBA (Health Care Administration: Part-Time) – 3 Years
Approx Fee	Rs 10,000 p.a.
Eligibility	MBBS or Minimum 5 years experience in Hospital Administration - – Employer Sponsorship Required
Selection Process	Written Test and interview
Res./ Non Residential	Non Residential

 

Institute	Jamnalal Bajaj Institute of Management studies (JBIMS)
Course Name & Duration	Management Development Programmes – Marketing, Finance, Operations, Personnel, Systems Management
Approx Fee	Fee varies
Eligibility	Graduate and work experience (for middle to senior level employees only)
Selection Process	Test / interview or both
Res./ Non Residential	Non Residential

 

Institute	Jamnalal Bajaj Institute of Management studies (JBIMS)
Course Name & Duration	MBA (Part-time) - 4 programmes with different specialization – 3 Years
Approx Fee	17000 per annum
Eligibility	Graduate and Minimum 2 years experience
Selection Process	Test , Group Discussion & interview
Res./ Non Residential	Non Residential

 

Institute	XLRI Jamshedpur
Course Name & Duration	Graduate Management Programme – 1 Year
Approx Fee	2.25 Lakh
Eligibility	Graduate and Minimum 3 years experience
Selection Process	XAT Test & interview
Res./ Non Residential	Residential

 

Institute	XLRI Jamshedpur
Course Name & Duration	Executive Post Graduate Programme– 3 Years
Approx Fee	3.05 Lakh
Eligibility	Graduate and Minimum 3 years experience
Selection Process	XAT Test & interview
Res./ Non Residential	Residential

 

Institute	XLRI Jamshedpur
Course Name & Duration	Executive Fellowship Programme in Management – 4 Years
Approx Fee	0.90 Lakh
Eligibility	MBA, Managerial / Supervisory experience Minimum 3 years experience
Selection Process	Personal Interview
Res./ Non Residential	Residential / Non Residential

 

Institute	XLRI Jamshedpur
Course Name & Duration	Satellite Programme in Management – 14 Months
Approx Fee	1.8 Lakh
Eligibility	MBA, Managerial / Supervisory experience Minimum 3 years experience
Selection Process	Interview
Res./ Non Residential	Non Residential

 

Institute	Indian Institute of Foreign Trade - IIFT
Course Name & Duration	MBA(International Business) – 3 Years
Approx Fee	0.85 Lakh
Eligibility	Graduate with 3 years experience (Company sponsorship or No Objection Certificate)
Selection Process	Essay, GD and Interview
Res./ Non Residential	Non Residential

 

Institute	Indian Institute of Foreign Trade - IIFT
Course Name & Duration	Executive Masters in International Business – 18 Months
Approx Fee	1 Lakh
Eligibility	Graduate with 5 years managerial experience or PG degree with 3 years managerial experience
Selection Process	Essay, GD and Interview
Res./ Non Residential	Non Residential

 

Institute	Indian Institute of Foreign Trade - IIFT
Course Name & Duration	Executive Masters in International Business (Via VSAT)– 18 Months
Approx Fee	1.4 Lakh
Eligibility	Graduate with 5 years managerial experience or PG degree with 3 years managerial experience
Selection Process	Essay, GD and Interview
Res./ Non Residential	Non Residential

 

Institute	Indian School of Business ISB Hyderabad
Course Name & Duration	MBA 1 Year
Approx Fee	15 Lakh
Eligibility	Graduate, Work experience desirable
Selection Process	GMAT Scores Plus Personal Interview
Res./ Non Residential	Residential