With the rising competition in the business world, the demand for exceptional leadership and strategic thinkers is rising. Recognizing this demand, many working professionals are turning to the Online Executive Master of Business Administration (EMBA) program to enhance their leadership and business skills, expand their networks, and propel their careers to new heights. In this article, we will explore the key elements of an EMBA, including the course structure, eligibility criteria, who it is for, its popularity, top colleges in India, career prospects, recruiters, and more.
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Online Executive MBA: Course Structure
The online executive MBA program is designed for working professionals who want to accelerate their career prospects while balancing their professional commitments. Unlike the traditional on-campus MBA, the online EMBA allows participants to resume their professional work while engaging in a comprehensive course of MBA. Typically, the program spans a duration of 1 to 2 years, combining occasional in-person sessions, weekend classes, online learning, and immersive global opportunities. The coursework of online EMBA focuses on advanced business concepts, leadership development, strategic management, strategic decision-making, and practical application of the acquired knowledge.
Online Executive MBA: Eligibility
Online executive MBA programs generally require applicants to have a minimum of 3 to 5 years of professional working experience, Additionally, candidates are expected to have a bachelor’s degree with a minimum of 45-50% marks in any stream from a recognized institution.
Candidates may need to appear for management entrance exams followed by an interview, to get admission to the EMBA program, however, it is not mandatory for all universities.
Online Executive MBA: Who is it for?
The online executive MBA program caters to the needs of professionals and executives with a minimum of 5 to 10 years of work experience, and mid to senior-level managers who aspire to take on senior leadership roles or want to go into entrepreneurship. It is ideally suited for individuals who have already gained significant professional experience and want to boost their skills and knowledge to tackle complex business issues.
The Popularity of Online Executive MBA in India
The popularity of the online executive MBA program has been steadily increasing over the years, mainly due to its unique course and value proposition for working professionals. Unlike a traditional on-campus MBA, the executive MBA allows professionals to apply their learnings directly to their current job roles, to forge an immediate impact within their organizations. Moreover, the online EMBA program provides a platform for working individuals to expand their professional networks, cooperate with like-minded people, and gain exposure to diverse business perspectives. Moreover, the flexibility of the program, allowing professionals and managers to balance work and study commitments, is a major factor contributing to its popularity among them.
Online Executive MBA: Top Colleges in India
Several prestigious institutions across India offer excellent online executive MBA programs. Some of the renowned colleges are:
Indian Institute of Management (IIM)
IIMs are considered one of the most prestigious management institutes in India. Here is the list of IIMs which offer executive MBA programs in India
- IIM, Bangalore
IIM Banglore offers a post-graduate program in management to working professionals who have a minimum of 4 years of work experience in relevant industry. The fee for the program is INR 20,12,000
- IIM, Ahmedabad
IIM Ahmedabad offers an online executive MBA program for working professionals and executives who possess a minimum of 4 years of work experience. The fee for the program is INR 31,55,000.
- IIM, Lucknow
IIM, Lucknow offers an international executive MBA program for professionals and executives who have a minimum experience of 3 years. The program fee is INR 11,50,000.
- IIM, Indore
IIM, Indore offers an online executive MBA for professionals and managers spanning 1 year. The minimum work experience to get enrolled in the course is 3 years. The fee for the program is INR 5,80,000.
- IIM, Kozhikode
IIM, Kozhikode offers an executive MBA program to professionals and managers who have a minimum of 3 years of industry experience. The fee for the program is INR 15,00,000.
- IIM, Calcutta
IIM, Calcutta offers an executive program with a specialization in global business management. Professionals seeking to enroll in this course must have a minimum experience of 5 years. The fee for the program is INR 30,00,000.
- Other Institutes
Several other top government and private institutes also offer online executive MBA programs to working professionals. Some of them are listed below:
- Indian School of Business, Hyderabad and Mohali
ISB provides an online executive MBA program to mid or senior executives who have a minimum work experience of 4 years. The fee for the program is INR 37,00,000.
- Management Development Institute, Gurgaon
MDI, Gurgaon offers an executive MBA program for professionals and executives who have experience of a minimum of 4 years. The program duration is of 2 years depending upon the course and needs of the applicant. The fee for the program is INR 16,40,450
- Xavier School of Management, Jamshedpur
XLRI, Jamshedpur is also famous for offering an online executive MBA program for working professionals who have a minimum of 5 years of work experience. The program fee is INR 24,15,000.
- Faculty of Management Studies, Delhi University
FMS, New Delhi offers an executive MBA program to working professionals and managers who have a minimum of 5 years of work or industry experience. The course duration is 2 years and the fee for the executive MBA program is INR 2,00,000.
Online Executive MBA Program: Career Prospects
After completing an online Executive MBA program, the applicants can expect their career in:
- Mid-Level Manager
- Senior Manager/Director
- Chief Executive Officer
- Operation Executive Officer
- Finance Controller
- Chief Technical Officer
- Marketing Director
- Business Development Manager
- Project Manager
- Strategic Consultant
- Entrepreneur
Online Executive MBA Program: Top Recruiters
- Hindustan Unilever
- ITC Limited
- Flipkart
- Amazon India
- Nestle India
- Procter & Gamble (P&G)
- Paytm
- TCS
- Ola
- L&T
- Accenture
- Bajaj Auto
- Reliance Industries
- McKinsey & Company
- Wipro
- Bain & Company
- HDFC Bank
- Cognizant
- Delloite
Why Choose College Vidya?
College Vidya is an educational platform for providing online and distance education courses across India. Till now, it has listed over 100+ UGC-DEB-approved universities on its portal. It works on the 3Cs which are Compare, Counsel, and Connect Let’s delve more into the 3Cs of College Vidya:
- Compare: This feature allows the applicant to explore and compare various universities and institutes on various factors like fees, course structure, student testimonials, faculty, campus reviews, and more.
- Counsel: College Vidya offers full-fledged guidance and support to interested applicants from a team of 2500+ specialists who are willing to assist them anytime.
- Connect: College Vidya has a CV Community, that helps in making great connections among students, faculty members, and alumni. This community aids them in understanding, exchanging, and learning valuable experiences from each other.
Along with these 3Cs, College Vidya also offers post-admission services to the applicants. Their post-admission services comprise a seamless and cutting-edge learning management system, placement assistance and support, assignment assistance, and career counseling.
Conclusion:
The Executive MBA program offers a smooth and valuable educational journey that combines academic excellence with real-world application. By engaging themselves in the course that fosters personal and professional growth, participants gain the right knowledge, skills, and networks that are necessary to excel in senior leadership positions or entrepreneurial ventures.
