Are you thinking of studying Executive MBA to boost your career but are confused about the colleges? Well, throw out your worries as we are here with a guide on how to pursue an Executive MBA. Executive MBA is one of the most popular courses abroad; it is designed to help working professionals gain valuable skills and theoretical knowledge to advance further in their careers. Most Executive MBAs are offered as part-time or one-year courses to ensure that students can rejoin the working force without a prolonged academic delay. In this blog, we will cover the best colleges for executive MBA in India and Abroad!
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What is an Executive MBA?
Executive MBA or EMBA is a 12 to 15 month-long course for business executives with experience of five or more years. Students who opt for this course are working professionals and hence, classes are conducted on the weekends to accommodate their busy schedules. Executive MBA is a popular choice as it provides worldwide entrepreneurial opportunities. EMBA provides experience and understanding in areas of administration of a business and managing its operations. Students from all backgrounds, be it commerce, science, humanities, can go for this course. Certain skills like effective communication, problem-solving ability, research orientation, analytical thinking, eye for detail, goal-oriented, mathematical Intelligence, and ability to work under immense pressure are essential for seeking admission in this programme.
Specializations for Executive MBA
India is a hub for some of the best MBA colleges and management specialisations. There are over 6000 business schools, colleges and universities offering MBA courses in India. Some of the best colleges are the Indian Institute of Management (IIM Ahmedabad), IIM Calcutta (Kolkata), Faculty of Management Studies (FMS, Delhi). In India, EMBA degree is ordered along with various specialisations such as-
- Sales and Marketing
- IT and Systems
- Human Resource
- Business Analytics
- International Business
- Supply Chain
- Transport and Logistics
Top 10 Executive MBA colleges in India
|College Name||Business Today Rank||NIRF’ 20 Rank|
|NMIMS School of Business Management, Mumbai||11||24|
|Great Lakes Institute of Management, Chennai||14||23|
Note:- The NIRF Ranking for IMT Ghaziabad, NMIMS School of Business Management Mumbai, IMI Delhi, Great Lakes Institute of Management, Chennai are for Private MBA.
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Best Colleges for Executive MBA Abroad
|The Wharton School||San Francisco||24 months||$210,900 (INR 1,56,81,996)|
|MIT Sloan School of Management||Cambridge||20 months||$178,302 (INR 1,32,58,090)|
|London Business School||London, Dubai||20 months||$90,800 (INR 67,51,661)|
|IESE Business School||Barcelona, New York||18 months||$115,000 (INR 85,51,112)|
|Booth School of Business||London, Hong Kong||21 months||$194,000 (INR 1,44,25,355)|
|HEC Paris||Paris||15-18 months||$79,950 (INR 59,44,002)|
|The Kellogg School of Management||Evanston, Miami||24 months||$208,152 (INR 1,54,75,372)|
|Haas School of Business||Berkeley||19 months||$190,550 (INR 1,41,67,392)|
|INSEAD||Abu Dhabi, Singapore||14 months||$130,000 (INR 96,65,500)|
|UCLA Anderson School of Management||Los Angeles||22 months||$163,000 (INR 1,21,19,050)|
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Below is the list of colleges for executive MBA regarding the cost incurred for education:-
Private Colleges in India
|Colleges||Course fee (₹ in lakhs)|
|NMIMS School of Business Management, Mumbai||5.25|
|Great Lakes Institute of Management, Chennai||8.50|
|Symbiosis Institute of Business Management, Pune||6.10|
Public Colleges in India
|Colleges||Course Fee (₹ in lakhs)|
The eligibility criteria is for all the colleges for executive MBA. However, there are some common guidelines which are mentioned below-
- As a basic criteria, candidates must pass a graduation degree or equivalent from any recognised university in any discipline.
- Most of the universities follow a minimum of 50% aggregate marks in graduation degree or equivalent. However, few Universities have no such minimum percentage criteria.
- Candidates must possess a minimum of two year experience at managerial or executive level.
- Apart from educational qualifications, top ranked Universities also accept scores of national and state level entrance level examinations like GMAT, CAT, XAT, MAT and CMAT for admissions.
Alternative Study Options
There are multiple alternative courses available for executive MBA to pursue higher education or certification. These are mentioned below:-
- Financial Risk Manager (FRM) Exam
- Chartered Financial Analyst (CFA)
- Certified Information Systems Auditor (CISA)
- Certification in Risk Management Assurance (CRMA)
- Certified in Production and Inventory Management (CPIM)
- Project Management Professional (PMP)
- Second MBA from an international business school.
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Career Scope after EMBA
The demand for professional MBAs is extremely high, students can fetch extremely great opportunities from both private and public sectors. There are certain fields in which executive MBAs get opportunities to flourish themselves. These areas below-
- Finance Manager
- Sales Manager
- Marketing Manager
- Human Resource Manager
- Digital Marketing Manager
- Operations Manager
- Production Manager
- Advertising Sales Manager
- NGO Manager
- Data Analytics Manager
Some of the companies participate in campus placement at the popular colleges for executive MBA in India and offer excellent job opportunities right after graduation. These are mentioned as below-
- Trident Group
- Grey Orange
- Reliance Industries
- Larsen & Toubro (L&T)
- Hindustan Unilever (HLL)
- UltraTech Cement
- Mahindra and Mahindra
- ITC Limited
- Tata Motor
- Godrej & Boyce Mfg. Co.
- Asian Paints
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So that is all regarding the course of EMBA and the best colleges for executive MBA in the world. If you are planning to pursue an MBA then sign up for a free 30 session with our Leverage Edu experts and find out the best courses for your academic profile!