Having shed all your blood as sweat, yet denied promotion in your organisation pointing to a lack of managerial skills? Or, promotion bagged up yet feeling baffled to pay justice to your promotion?
In both cases, the demand from you is managerial education. Yet, sapped low as you find managerial education amidst the profession is no-way-destiny. Cut down your thoughts as we have an executive MBA course to resolve and revive your career.
Know more about the executive MBA and how to accomplish it by striking the right balance with professional life.
What is an Executive MBA?
Executive MBA is the fast-forwarded version of the MBA degree.
Similar to the MBA degree, the executive MBA extends in-depth managerial education encrusting all the facets of business management such as finance, operations, accounting, marketing, etc.
Yet the sign of different strokes in the duration of the course. Executive MBA course is a 1-year course to cater to the need for MBA for working professionals in India.
This course is a propulsive MBA course that can drift your current career position to a high cadre.
Eligibility Criteria to Pursue Executive MBA:
As the executive MBA is a super-version of the MBA specially designed for working professionals to fuel their career profile, the eligibility criteria are a bit higher compared to regular MBA courses.
Here are the eligibility criteria for an executive MBA:
- Candidates should have completed 10+2 with a minimum of 50% aggregate score.
- Candidates should have graduated in any bachelor’s degree course with at least 50% aggregate marks at any recognised educational institution.
- Candidates should have a minimum work experience of 2 years in any career field.
Beyond these eligibility criteria, candidates applying for an executive MBA degree should submit their Statement of Purpose (SOP) and two Letters of Reference to provide their genuine eligibility for the course.
Admission Process for an Executive MBA:
Admissions to executive MBA programs are mostly provided based on the entrance examinations to identify valuable candidates. Some of the popular entrance examinations for executive MBA courses are as follows:
- CAT (Common Admission Test)
- GMAT (Graduate Management Admission Test)
- GRE (Graduate Record Examination)
- C-MAT (Common Management Admission Test)
Beyond these entrance examinations colleges such as Universal AI University which stands as the best university in Mumbai conduct their own entrance examination namely UBSAT.
Benefits of pursuing an executive MBA:
Jet-set MBA degree, i.e., executive MBA extends a great range of benefits and here are some of them.
- Unlike regular MBA, executive MBA offers space for working professionals yearning to upscale their career to the managerial level in their organisation.
- Executive MBA incorporates only practical management training thus providing real-time experience in a shorter duration.
- MBA at the executive level is considered to provide sharp managerial education compared to a regular MBA which offers generalised managerial education.
- Provoke your leadership and management qualities with an executive MBA in a stipulated short time scale.
On the whole, an executive MBA degree is a go-to option for working professionals to experience the forward march in career development.
But, how to manage a professional and executive MBA simultaneously? Read more to know it.
How to hold a counterbalance between the executive MBA and the profession?
As people take up an executive MBA to climb higher in the professions, it should never turn into a hurdle in the pathway, right?
Statistics state that around 19% of working professionals go for an executive MBA within 5 years of their career, but how do they manage?
Choose the suitable executive MBA type:
To strike a balance between the course and the profession, it is important for you to choose the right type of executive MBA course.
Full-Time Executive MBA: Choose a full-time executive MBA course only if you can take a year off from your profession and concentrate full-fledged on the course. Choosing this type of course will help you have a concentrated learning experience in management education.
Part-Time Executive MBA: Part-time executive MBA is for working professionals who can allocate specific time slots on a regular basis amidst their work schedule. There is no major difference from the full-time course, except the class timing schedule.
Online Executive MBA: Indulge in an online executive MBA course if you have no way to attend the course in person. Many top colleges are offering online executive MBAs to reduce the burden of working professionals. Online executive MBA in certain colleges can require 15 months instead of 12 months (1 year) for completion.
Inform your organisation:
Today most organisations are showing support for the higher education journey of their employees as it will benefit them parallelly. So, it is advisable to inform your working organisation about your executive MBA study plan.
Inform them about your course schedule and your work priority, and explain to them the benefits that the organisation gains from your learning. Request for their support eventually. This will help you a better balance between an executive MBA course and the profession.
Beyond these two major steps, you can also be involved in certain small moves to handle better such as:
- Allocate specific study time.
- Use small leisure time for completing study tasks.
- Stay up-to-date in the syllabus to avoid piled up study burden.
- Develop a network with classmates to handle any trouble in the course.
Following all these tips will surely help you enjoy both your executive MBA and professional career without disturbance.
Conclusion:
Hardwork is considered essential for betterment in a career, but sometimes smart work will help too. Executive MBA is one such smart work that will have a positive impact on your career road for sure. Explore and learn the best executive MBA course at your convenience and enjoy the benefits throughout your professional journey.
FAQs:
- Is executive MBA as good as regular MBA?
Yes, an executive MBA is better than a regular MBA for working professionals as it offers the comfort of learning without interference into the profession with the same level of knowledge as a regular MBA.
- What does an executive MBA do?
Executive MBA imparts managerial education without interfering with the profession of the individuals.
- What is the average course fee for an executive MBA?
The average course fee for an executive MBA degree is around INR 1 LPA to INR 2.5 LPA.
- What is the salary of EMBA in India?
The starting salary of EMBA graduates in India is around INR 12 LPA to INR 14 LPA while it increases to a range of INR 20 LPA to INR 22 LPA.
