MBA courses these days come in a wide variety of formats. The most popular MBA courses are as follows: Full-time MBA, Executive MBA, Part time MBA, Correspondence Course, Distance MBA Courses, Online MBA courses,each one has its advantages and disadvantages.
The regular MBA also known as Full Time MBA is the most popular amongall the MBA aspiring students. This programme is a 2-year programme which includes theory classes, practical projects, internships and campus placement. Fresh graduates as well as aspirants with work experience can opt for a Full Time MBA.
The average duration of afull-time MBA program can range from 1 to 2 years. The period of part-time programs can extend up to 3 years, since students are working and studying at the same time. While the MBA fees of many low-ranking programs might be very low, the fees can really go up for the elite management programs. And it is not just the course fees that you need to contemplate upon. There are other expenses like the visa fees, books, laptop, flight costs, study trip. Good MBA courses are expensive, many students fund their MBA courses using education loans.
What all topics are covered in an MBA course programme?
The main programme syllabus covers the following important fields: Accounting, Economics, Corporate finance, Strategy/Frameworks, Human Resource Management, Organisational Behaviour, Leadership, Marketing, Information Technology
MBA: Eligibility Criteria
The necessary eligibility criteria for Full Time MBA is Graduation in any field or equivalent from a recognized university.
Most of the institutes follow the minimum score pattern in Graduation which is 50% in average or equivalent. For Reserved category students the minimum required score is 45% in aggregate.
Final year Graduation candidates are also eligible to apply for MBA, they are required to present the proof of completion of Graduation degree within the duration specified by the institute.
MBA: Job Profiles and Top Recruiters
A MBA degree holder is demanded to take up the managerial responsibility of the department he/she is hired for. A manager’s job profile broadly includes planning, strategizing, execution, leading the team, liaison with clients, coordinating with other departments, delegation of work and responsibilities, reporting to higher authorities regarding projects undertaken. organisations hire MBA degree holders in various positions, MBA/PGDM graduates are in high demand in every industry and in every domain. The MBA colleges provide campus placement to their students on completion of the 2-year programme for the easy beginning of their career.
MBA Executive programme
What is MBA Executive?
The executive MBA is a MBA program, but one aimed at experienced and senior professionals who want to continue to work full time while pursuing a degree. Executive MBA is designed for working professionals with a significant work experience, it is of shorter duration and often taught in part-time mode and is of shorter duration.the fee of an Executive MBA programme is above the regular MBA programme, the benefit of pursuing the former is that the Employer Company often provides financial assistance by sponsoring its employee for the programme.
The Executive MBA programme has gained popularity all over the globe as it gives the graduates a competitive edge.
What all skill set is required for pursuing Executive MBA?
- Logical reasoning
- Strong analytical skills
- Knowledge of mathematics
- Eager eye for details
- Knowledge of banking and finance sector
- Leadership qualities
- Strong communication skills
- good memorising skills
Eligibility criteria for Executive MBA
Eligibility criteria for Executive MBA is very similar to Regular MBA, the only difference being work experience, which carries a lot of significance during selection process.
The basic eligibility criteria for Executive MBA/PGDM below:
- Any aspirant who has finished bachelor’s degree with at least 50% marks in aggregate or equivalent from a acknowledged university
- The candidate must have at least 2 years of work experience at executive level. Work experience in part-time mode is not accepted.
- The number of years vary from 2-10 years for every institution. So to check this the candidate must check the eligibility criteria of the chosen b school before submitting an application .
Course Curriculum for Executive MBA
- The course is almost alike MBA/PGDM.
- The only major difference is that the topics are taught in a more intensive manner.
- Programme includes core and elective courses, allowing the candidate to go for specialization if he/she wishes to.
- Some of the fields covered in Executive MBA are Financial Reporting and analysis,Macroeconomics, marketing management, corporate finance, business law and operation management.
Executive MBA: Job Profiles and Top Recruiters
The Current rate of demand for Executive MBA is on the rise. Recruiters are now interested in MBA graduates with work experience, placement stats of top Business schools show positive rise in numbers of Executive MBA graduates getting placed. At IIMs and other top institutes, the average salary offered to graduates of executive education programmes has been Rs 18 lakh per annum or more. Executive MBA/PGDM graduates are best suited for senior level jobs and entrepreneurship as they have the required experience.
Some major Indian companies recruiting MBA Executive graduates are :HCL, Infosys, Trident etc
Colleges offering MBA executive program in India:
These are the famous and popular MBA Executive colleges in India offering this course.
- IIM Ahmedabad
- IIM Bangalore
- FMS-Faculty of Management studies, Delhi University
- IIM, Calcutta
- XLRI -Xavier school of Management