The financial and entertainment capital of India, Mumbai has been home to some of the prominent educational institutes of all time. The city has scientific research institutions such as Bhabha Atomic Research Centre (BARC), Nuclear Power Corporation of India (NPCIL), and Tata Institute of Fundamental Research (TIFR) which are amongst the top institutes of India. If you’re someone who is looking to pursue management programs from leading colleges of Mumbai, MBA is a great option for you! This blog will list down some of the leading and renowned educational institutions that offer an Executive MBA in Mumbai.
|Course Name||Executive MBA|
|Course Duration||1 – 2 Years|
|Course Type||Semester Based|
|Eligibility||Graduation + Work Experience|
|Admission Process||Entrance Exams like CAT/ GMAT/NMAT/XAT/CMAT/ATMA + GDPI|
|Top Recruiters||TCS, Infosys, BCG, Accenture, McKinsey & Co|
|Course Fees||INR 7,00,000 to INR 40,00,000|
This Blog Includes:
- Executive MBA in Mumbai
- List of Colleges for Executive MBA in Mumbai
- Executive MBA in Mumbai Fees
- EMBA VS MBA (BONUS)
Executive MBA in Mumbai
The Executive MBA in Mumbai is a postgraduate programme created specifically for working professionals who would like to improve their management and administrative abilities in their sector of work and industry in order to adapt and mould into a fast-changing corporate environment. Because the Executive MBA is meant for working people, the course duration is shorter than that of other full-time MBA programmes, and it is offered for 1 year to 18 months. The program is offered in a wide range of disciplines such as Marketing, Human Resource, Finance, Accounting, and more.
List of Colleges for Executive MBA in Mumbai
There are numerous educational institutions in Mumbai that offer Executive Masters of Business Administration programs to Indian and international students. Below is an extensive list of the leading institutions which offer Executive MBA in Mumbai:
- SP Jain School of Global Management
- SP Jain Institute of Management and Research
- Narsee Monjee Institute of Management Studies, School of Business Management
- Tata Institute of Social Sciences
- SDA Bocconi Asia Center
- IIT Bombay – Indian Institute of Technology
- K J Somaiya Institute of Management
- Guru Nanak Institute of Management Studies
- National Institute of Management
- Pillai Institute of Management Studies and Research
- Jankidevi Bajaj Institute of Management Studies
- Institute of Business Studies and Research
- Athena School of Management
- Thadomal Shahani Centre for Management
- Welingkar Institute of Management Development & Research
- SIES School of Business Studies
- VES Institute of Management and Research
- Durgadevi Saraf Institute of Management Studies
- Institute of Logistics and Aviation Management (ILAM)
- Indian Institute of Business Management and Studies
- Europe Asia Business School
Let’s now walk you through some of the prestigious colleges in Mumbai that are providing executive MBA in detail:
SP Jain Institute of Management and Research, SPJIMR
Inaugurated in 1981 by the British PM-Marget Thatcher, SP Jain Institute of Management and Research is one of the leading management institutions of the country, This institute is consistently ranked among the top10 management institutes of India. Placed at 16th spot in the MHRD-NIRF 2019 rankings, this institute offers various postgraduate and doctoral programs in Management. SPJIMR offers 21 months, part-time Global Executive MBA program.
Also Read: IIFT Executive MBA
Narsee Monjee Institute of Management Studies
Incorporated in the year 1981, Narsee Monjee Institute of Management Studies (NMIMS) is ranked among the top management institutes in India and is amongst the prominent MBA colleges in Mumbai. NMIMS placed at #20 in the list of NIRF-MHRD 2019 Management institutes of India. NMIMS offers a 15months or 24months duration fast track Executive MBA program, specially designed for working professionals who want professional education without a career break apart from students.
Jamnalal Bajaj Institute of Management Studies (JBIMS)
Established in the year 1965, Jamnalal Bajaj Institute of Management Studies (JBIMS) is one of the top educational institutes of India, which offers Executive MBA in Mumbai. Located in the heart of Mumbai in Churchgate, they had produced various industry leaders in the past. JBIMS offers a 30weeks, Executive MBA program to students and working professionals in:
- Human Resource Development and Management
- Marketing Management
- Finance Management
- Information Management
Also Read: BBA Colleges in Mumbai
Indian Institute of Technology (IIT-Bombay)
Established in the year 1958, the Indian Institute of Technology (IIT-B) was the first institution of India that was established with foreign assistance. Declared an ‘Institute of National Importance’, the institute offers various bachelor’s, masters and doctoral courses. IIT-B secured 10th position in the list of NIRF-MHRD 2019 Management institutes of India. This technical engineering institute also offers MBA programs as well. IIT Bombay offers 18- months Executive MBA in Mumbai, through collaboration with Washington University.
Also Read: Mumbai University Courses
Incorporated in the year 1936, TATA Institute of Social Science (commonly known in short TISS) is one of the premier institutes in India. The institute offers master’s, postgraduate and research courses to its students in the field of Social Science, Public Policy, Human Development, and Economics.TISS offers part time-Classroom, 18 months duration Executive MBA/Post Graduate Diploma in Human Resource Management.
Also Read: Executive MBA from IIM
Executive MBA in Mumbai Fees
Post knowing some of the well-known colleges and b-schools that are providing executive MBA in Mumbai, let’s have a look at the fee structure of the top colleges in Mumbai:
|College/University||Average Fees in INR (Estimated)|
|SP Jain Institute of Management and Research||8-9 lakhs|
|SP Jain School of Global Management||15.74 lakhs|
|Narsee Monjee Institute of Management Studies, School of Business Management||5-7 lakhs|
|Tata Institute of Social Sciences||3.5 – 4 lakhs|
|SDA Bocconi Asia Center||15.5 lakhs|
|IIT Bombay – Indian Institute of||36 lakhs|
|K J Somaiya Institute of Management||8.2 lakhs|
|Guru Nanak Institute of Management Studies||1.15 – 2 lakhs|
|National Institute of Management||45,000 – 50,000|
|Welingkar Institute of Management Development and Research||7 lakhs|
EMBA VS MBA (BONUS)
You might be wondering what is so unique about an Executive MBA and how is it even different from a normal MBA. While a normal MBA is great for young professionals, EMBA is the perfect choice for experts. Here are the major differences between an MBA and an Executive MBA in Mumbai.
|Criteria||Executive MBA||Regular MBA|
|Duration||1 Year||2 Years|
|Fees||INR 7,00,000 – INR 40,00,000||INR 8,00,000 – INR 60,00,000|
|Average Package||INR 12 LPA – INR 50 LPA||INR 15LPA- INR 60 LPA|
|Average Work Experience||Minimum 10 years||No work experience to Minimum 2 years|
|Target Students||Experts in fields looking to enhance their knowledge or improve their career position||Freshers/ Working Professionals with early year experience looking for a jump in career|
Does Executive MBA have value in India?
In 2018, 14% of Indian business school candidates chose India as their preferred study destination, ranking second after the United States. The benefits of doing an Executive MBA in India are numerous such as lower tuition fees, online learning, high-quality cohorts, great employment prospects, and many more
The starting average salary of an Executive MBA graduate is around INR 12 lakhs per annum to 30 lakhs per annum which is said to increase with the number of work experience and skills.
The ‘E’ in EMBA stands for executive, but that doesn’t mean EMBAs are better than MBAs. Although they are basically the same degree, EMBAs are designed for existing (rather than aspiring) executives and are more flexible to fit busy schedules.
Hope the blog has provided honourable mentions of educational institutions that offer Executive MBA in Mumbai. If you are planning to study for a degree in Business or Management and don’t know which one to opt for, our experts at Leverage Edu can guide you through! Call us at 1800 57 2000 and book your first free 30 minutes consultation with our experts.