MBA for Working Professionals

Rating:
5
(1)
MBA for Working Professionals

To survive in today’s competitive world where business dynamics are constantly changing, individuals need to be ever-ready to confront hurdles. With job-fitting interpretations changing, it is essential to be equipped with the relevant understanding and familiar with technical know-how to face organisational problems. After completing your Bachelor’s degree, registering in the MBA program provides the possibility to discover both management and professional corporate roles. We have listed below the information regarding the MBA for Working Professionals.

Must Read: Indian MBA Vs Foreign MBA: Which one is Better?

Types of MBA for Working Professionals 

Before we dive into the details, let us first have a quick look at the types of MBA for working professionals that are available for them to pursue. They are:

Executive MBA for Working Professionals 

An Executive MBA targets experienced and talented professionals from various fields who wish to hone their skills, gain more experience and career potential and gain leadership qualities. The multicultural nature gives them international management experience. The professionals have an adaptable schedule and are intended to suit working individuals.

Must Read: One Year vs Two Year MBA: Which is Better?

Executive MBA for Working Professionals: Abroad

There are also various executive programs offered for candidates looking for MBA for working professionals. They are tabulated below:

Name of University  QS World University Rankings 2022 Course Offered  Duration of the Course
The Wharton School, University of Pennsylvania, USA  13 Executive MBA 2 years
INSEAD, Singapore Executive MBA 17 months
IE Business School, Spain  Global Executive MBA 1 Year
Nanyang Business School, Nanyang Technological University, Singapore 12 MBA  14-months
ESADE Ramon Llull University, Spain  EMBA 16-months
Smith School of Business, Queen’s University, Canada =240 Executive MBA 18 months
York University, Canada =494 Executive MBA 18 months
Western University, Canada 170 Executive MBA 15 months
Ross School of Business, University of Michigan, USA =23 EMBA 21 months
Fuqua School of Business, Duke University, USA 52 Global EMBA 18 months
Saïd Business School, University of Oxford, UK 2 EMBA 22 or 24 months
Warwick Business School, University of Warwick, UK 61 EMBA 2 years
University of Cambridge, UK =3 EMBA 20 months
Melbourne Business School, The University of Melbourne, Australia 37 EMBA 18 months
Credits: Said Business School, University of Oxford

Executive MBA for Working Professionals: India

Some of the top MBA colleges in India offer an executive MBA. Tabulated below are the various executive programs offered in India for candidates looking for an MBA for working professionals.

Name of Institution  Executive MBA For Working Professionals Program  Qualifying Exams Required Work Experience Required 
Indian School of Business, Hyderabad & Punjab Post Graduate Programme in Management for Working Professionals No exam score required 5-12 years
Indian Institute of Management, Ahmedabad Post Graduate Program for Executives GMAT 4-years
Indian Institute of Management, Bangalore Executive Post Graduate Programme in Management GMAT 4-12 years
XLRI, Jharkhand Executive Fellow Programme in Management GMAT 5 years
SP Jain Institute of Management, Maharashtra Post Graduate Executive Management Programme No exam score required 5 years 
Indian Institute of Management, Calcutta  Post Graduate Programme for Executives GMAT 5 years 
Great Lakes Institute, Chennai Post Graduate Executive Program in Management CAT/XAT/GMAT/MAT/CMAT 8 years
MDI, Gurgaon Executive Post Graduate Programmes GMAT/CAT/MDI Test 5 years 
International Management Institute, Delhi  Executive Post Graduate Diploma in Management CAT/GMAT/IMI Admission Test 5 years 
FMS, Delhi MBA Executive Programme FMS exam 5 years 
IIFT, Delhi Executive Post Graduate Diploma No exam score required 3 years 
IMT, Ghaziabad Post Graduate Diploma in Management CAT/XAT/GMAT 5 years 

One Year MBA for Working Professionals

One Year MBA is for those aspirants who wish to pursue MBA in the shortest time possible. The study is accelerated to teach MBA for working professionals the whole curriculum in 11 – 12 months. 

One Year MBA for Working Professionals: Abroad

Many countries abroad offer a one year MBA program for aspiring students. Some of the best countries to study MBA offer this course. We have tabulated them below: 

Name of Institute  Location Courses Offered Tuition Fees (Annually)
Kellogg School of Management USA 10 to 11 month MBA course $140,366 (INR 10,00,200)
Johnson Graduate Schools of Management, Cornell University USA 1 year MBA course $ 211,000 (INR 15,40,200)
Essec Business School France and Singapore  ESSEC Global MBA EUR 50,000 (INR 44,18,327)
University of Stirling UK MBA  GBP 18,645 (INR 19,04,377)
York St John University UK MBA Leadership and Management GBP 10,616 (INR 10,84,305)

One Year MBA for Working Professionals: India

Many top institutes in India offer a one-year MBA program as an option of an MBA for working professionals. They are tabulated below. 

Name of Institute Location Tuition Fees (Annually)
Indian School of Business Hyderabad and Punjab INR 34,00,600
IIM Ahmedabad Ahmedabad INR 25,00,000
IIM Bangalore Bangalore INR 27,00,500
SP Jain Institute of Management Mumbai  INR 19,60,000
Management Development Institute Gurgaon  INR 15,35,000
Credits: IIM Indore One Year Full-Time MBA Programme – EPGP

Part-time MBA for Working Professionals

Aspirants who work full time and can not afford to enter a full-time course can enrol for a part-time MBA. The classes for this course are often held in the evening or on weekends. A part-time MBA can take longer to complete, but it gives the flexibility to study without pausing on your career. This is the apt choice to learn MBA for working professionals. 

Part-Time MBA for Working Professionals: Abroad

Name of University  Location  Course Offered  Duration of the Course
Rotman School of Management, University of Toronto Canada Part-Time MBA 32 months
Smith School of Business, Queen’s University Canada Part-Time MBA 12 months
Desautels Faculty of Management, McGill University  Canada Professional Part-Time MBA 28 months
Booth School of Business, The University of Chicago USA Part-Time MBA 2.5 to 3 years
Kellogg School of Management, Northwestern University USA Part-Time MBA 2 to 2.5 years
Imperial College London UK Weekend MBA – Part-Time 21 months
Melbourne Business School, The University of Melbourne Australia Part-Time MBA 2+ years
Credits: The University of Chicago Booth School of Business

Must Read: Top MBA Colleges in Canada for International Students

Part-Time MBA for Working Professionals: India

  • XLRI, Jamshedpur
  • Management Development Institute, Gurgaon
  • Faculty of Management Studies, Delhi
  • School of Business Management –NMIMS, Mumbai
  • Symbiosis Institute of Business Management, Pune
  • IIMs
Credits: NMIMS Narsee Monjee Institute of Management Studies

Online MBA for Working Professionals

Nowadays, different MBA colleges offer part-time online MBA programmes that last anywhere from one to four years.  The working professionals would benefit from online MBA courses because they allow them to pursue their MBA from the comfort of their own homes, without having to leave their full-time jobs. Having said that, online MBA courses for working professionals have many perks, two of the most significant adaptable and inexpensive. It’s an optimal configuration for practitioners who don’t have the time to participate in classes. Over the years, the online MBA program has achieved approval and recognition, and institutions receive accreditation from more and more notable organizations.

Online MBA for Working Professionals: Abroad

Here is a list of Business Schools abroad offering online programs of MBA for working professionals:

Name of University  Course Offered  Location 
IE Business School Global Online MBA Spain
Imperial College Business School Global Online MBA United Kingdom
Durham University Online MBA United Kingdom
Warwick Business School Warwick Online/DLMBA United Kingdom
AGSM, University of New South Wales MBAX Australia
MIP Politecnico di Milano Graduate School of Business, The Polytechnic University of Milan iFlex/ Flex EMBA Italy
Kelley School of Business, Indiana University Kelley Direct Online United States
University of Massachusetts Online MBA United States
The University of North Carolina at Chapel Hill Online MBA United States
University of Florida Online MBA United States
Northeastern University – Seattle Online MBA United States
Credits: IE Business School

Explore: Benefits of Online MBA, Online MBA Options From Universities Across the Globe and Online MBA in India

Online MBA for Working Professionals: India

Here is a list of Business Schools in India offering online programs of MBA for working professionals:

Business School Program Name
Amity University Online MBA program
National Institute Of Business Management One Year Online MBA Training
Two Year Online MBA Training
Fast Track One Year Executive MBA Training
Fast Track Two Year Online MBA Training 
Pondicherry University MBA(Marketing) 
MBA (Finance)
MBA (IB)   
MBA (HRM)   
MBA (General)
ITM University MBA (General)
MBA (Operations)
MBA (Marketing)
MBA (Human Resource)
MBA (Finance)

Must Read: Best FREE Online MBA Courses in India and Abroad 2021

Advantages and Disadvantages of MBA for Working Professionals 

We have already talked about the different types of MBA or options that are available for working professionals in order to work and pursue their higher education simultaneously. We have also given you a list of best of the best universities abroad and in India to pursue these degrees at your convenience. Now let’s explore some of the advantages and disadvantages of pursuing an MBA for working professionals. 

Advantages 

  1. Broadens career opportunities: Studying an MBA course and doing a job will help build professional status. It helps to enhance knowledge, understanding, and gain experience, which helps broaden your career horizons.
  2. Gain newer expertise in the field: Beyond the day job, studying the course helps illustrate and develop the skills that will look great to prospective employers and demonstrate your worth in a new profession. 
  3. Personality development: It helps develop an impressive personality that makes you stand apart from the rest.
  4. Practical Learning: Practical implementation of the things that an individual learns promotes experiential learning. Simultaneous gaining of knowledge and their application promotes self-learning and helps familiarize professionals with new skills and techniques.
  5. Flexibility: One of the most appealing benefits of obtaining an MBA degree designed for working people is the ability to work around your schedule. For working professionals, most distance or online MBA programs may readily be adapted to the needs of the employee. Whether you choose to take a slower and longer road to graduation or complete courses at your convenience, the MBA applicants themselves frequently handle it completely.
  6. Continuity in career: The opportunity to maintain one’s profession while pursuing a degree is the most compelling argument in favor of an MBA for working professionals. Unlike existing employment responsibilities, students do not need to go into the uncertainty of the job hunt after graduation. You can continue with your work and seek greater responsibilities in the same organization.
  7. Money-saving: The second one of the major advantages of “keeping your work” as an MBA student and working, as opposed to a full-time MBA student, would save you significantly less.

Disadvantages

  1. Corporate reputation: With the exception of the prominent EMBA programs, which have their own headhunter following, most correspondence, online, or part-time degrees make less of an impact on recruiters than traditional programs.
  2. The lack of classroom experience: As we all know that an MBA degree is not successful without interacting and networking peer-to-peer. As a weekend MBA student, you will have few opportunities to interact. Even less so for distance or online MBA students. This is a significant disadvantage for experts wanting to broaden their skills through information exchange.
  3. Time Management: This is the main worry and disadvantage of full-time workers who have to play on the same 24/7 schedule as any other person and MBA responsibilities. You should definitely evaluate your choice before you go back to school if time management is not your strength.

Career Prospects After MBA For Working Professionals

Here is a list of some career opportunities that one may get after successful completion of an MBA for Working Professional degree:

  1. Account Manager
  2. Risk Manager
  3. Project Manager
  4. Sales Manager
  5. Brand Manager
  6. Digital Marketing Manager
  7. Marketing Manager
  8. Management Consultant
  9. Human Resource Manager
  10. Banking & Finance
  11. Investment Banking
  12. Management Consulting
  13. Entrepreneurship
  14. Data Analytics
  15. Operations Manager
  16. Business Analyst
  17. Equity Research Analyst
  18. Project Manager
  19. Finance Manager
  20. Business Development Executive

Also Read: Pursue Your Dream MBA With Forte Fellowship for Women

MBA for Working Professionals in Delhi

The capital of India, Delhi is an educational hub. Students from different parts of the country try to get admission to top-ranked universities in Delhi. Here are some of the best colleges of MBA for working professionals in Delhi:

  1. Indian Institute of Foreign Trade
  2.  International Management Institute
  3. Jamia Millia Islamia
  4. Institute of Management and Technology
  5. Delhi University

Also Read: MBA Colleges in Chennai

MBA for Working Professionals from IIM

IIM is one of the best colleges to pursue an MBA. The students have to meet the required eligibility criteria set by the college. Students from IIM land high profiles jobs with decent packages. There are about 12 IIM that offer executive MBA. Here is the list of top few IIM working professionals should consider for MBA:

  1. Ahmedabad
  2. Banglore
  3. Calcutta
  4. Lucknow
  5. Indore

Also Read: MBA in Christ University

MBA for Working Professionals in Bangalore

Banglore is the silicon valley of India. Graduating from top colleges in Bangalore means getting a high-class job as well. Earning a management degree opens an array of opportunities for every aspirant. Here are some of the colleges to consider for MBA:

  1.  Christ University
  2. IIM
  3. Indian School of Business Management
  4. Institute of Management Technology
  5. ILAM Banglore

Also Read: Courses after MBA in Human Resources

MBA for Working Professionals in Canada

Canada is among the top destinations for students planning to study abroad. Canada is home to some of the top-ranked universities in the world and is a perfect fit for working professionals planning to pursue MBA. Check out the list of top business schools in Canada:

  1. Smith School of Business
  2. Molson School of Business
  3. Johnson College of Business
  4. HEC Montreal
  5. Desautels Faculty of Management

Also Read: 1 Year MBA in Canada

FAQs

Which MBA is better for working professionals?

The best thing about an Executive MBA for working professionals is that it is open to those with between 2 and 5 years of work experience.

Can I do an MBA while working?

Figuring out how to work and manage time when pursuing your Master’s or PhD degree is one of the most difficult aspects of graduate school. The good news is that you can plan a class schedule that allows you to work full-time while pursuing your MBA, and adopting a business attitude can assist you in doing so.

Is a professional MBA worth it?

Yes, for the right students, part-time MBA programs are well worth it! Part-time and executive MBA programs go beyond having a business school education available to those who would otherwise be unable to afford the financial sacrifices, time commitments, and disruptions to their family’s lifestyle that a full-time MBA would entail.

Is an executive MBA better than an MBA?

The EMBA (Executive Master of Business Administration) is often misunderstood as a superior type of MBA education. In fact, both programs have equal cachet and value when it comes to graduation.

How many years should I work before MBA?

For a conventional MBA program, it is recommended that you have three to five years of work experience.

What is the fees of MBA for working professionals? 

The fees depend upon the university and various other factors, the fees start from Rs.8 lakhs to Rs. 32 lakhs.

Is MBA for working professionals courses available in BITS?

Yes, the courses are available in all the branches of BITS.

Can I pursue MBA for working professional from Symbiosis?

Yes, you can study symbiosis. It is also the best university in India for management courses.

We hope our blog has answered all your queries related to MBA for working professionals. If you still have doubts regarding MBA for working professionals, then contact our experts at Leverage Edu who are here to guide you every step of the way. Sign up for a free session today! 

Leave a Reply

Your email address will not be published. Required fields are marked *

10,000+ students realised their study abroad dream with us. Take the first step today.
+91
Talk to an expert for FREE

You May Also Like

PhD After MBA
Read More

Doing A PhD After MBA

Higher studies often encompass the decision of pursuing a bachelor’s, master’s and then, if you feel like delving…
MBA
Read More

MBA

Every organization looks for dynamic professionals with a specialized skill set. Completing a bachelor’s degree may not help…