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A-Z Guide on Executive MBA And How to Go About It

26 June 2024, 5:05 pm IST

The career opportunities that come with an MBA lure many to pursue this course. Thousands of business schools worldwide offer MBA programmes that cater to students' and professionals' needs. But it often becomes confusing for a candidate to choose the right MBA program for a secure future.

For working professionals, securing an executive MBA seat at a reputed B-school becomes a tough grind, with acceptance rates as low as 4%. But should that deter aspirants from pursuing their goals? Of course not! While admission into a top business school might seem daunting, candidates have alternatives. There are many options, from a regular B-school to an online executive MBA.

Read on to learn more about executive MBA and how you can go about it.

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What is an executive MBA?

What is an executive MBA?

An executive MBA or EMBA is an advanced business degree programe for working candidates. Though designed for professionals, the course is also gaining popularity among freshers and people with work experience.

Instead of pursuing a regular MBA, a candidate can opt for a job after graduation and gather work experience. This will help them brush up on their skills, upgrade their portfolio, and help them get into an executive MBA program.

Executive MBA eligibility criteria

The eligibility criteria for an executive MBA are similar to that of a regular MBA, with little variations. These include:

  • A minimum of 50% in the 10th and 12th grades.
  • A minimum of 50% or equivalent in graduation from a recognized university.
  • A candidate with a minimum of 2-5 years of work experience gets preference during admission.

Required skills for an executive MBA

Required skills for an executive MBA

A candidate pursuing an executive MBA degree has already had work experience for a few years. Now, to further solidify their foundation, they must possess the following skill set:

  • Management skills
  • Business acumen
  • Strong mathematical skills
  • Leadership qualities
  • A keen eye for detail
  • Problem-solving skills
  • Analytical thinking
  • Research skills
  • Communication skills

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Admission for executive MBA

After clearing the eligibility criteria, a candidate has to go through a rigorous process to secure an EMBA seat.

  • ### Entrance exam

Various institutions follow different procedures and consider the scores of different entrance exams when selecting a candidate for the executive MBA course.

Some institutes, like IIM Kozhikode, IIM Lucknow and IMT-Ghaziabad, where the cut-off is above the 95 percentile, admit candidates based on their CAT scores.

Top MBA institutes that require a cut-off close to 99 percentile, like IIM Ahmedabad, IIM Calcutta, IIM Bangalore, FMS-Delhi, MDI-Gurgaon and many others, consider GMAT or GRE scores during admission.

Many other top institutes, like FMS-Delhi, Symbiosis Institute of Management and SP Jain School of Management, have aptitude tests for selecting candidates for their executive MBA programs.

  • ### Admission for online executive MBA

Many professionals do not have the requisite time from their hectic work schedule to prepare for exams. Such candidates should opt for online executive MBA programs, as they do not require qualifying entrance examinations. But they must fulfil other eligibility criteria, like minimum graduation marks, work experience, and 10th and 12th grades, to get admission.

  • ### Group discussion

After clearing the entrance exam, candidates get called for group discussion (GD). A candidate must have strong communication and listening skills to clear this round. Topics like current affairs, business and economy, international events and social issues, among many others, can be the topic of GD.

  • ### Personal interview

The personal interview (PI) is the final round and decides whether a candidate is selected for the executive MBA program. A group of panelists inspects everything, from a candidate’s personality to the knowledge they possess.

As a part of their admission process, some institutes have essay-writing rounds and language tests other than these three rounds for evaluating a candidate.

Executive MBA vs regular MBA

Executive MBA vs regular MBA

The table below shows some basic differences between an executive MBA and a regular MBA. The syllabus, curriculum, salary prospects and other aspects also vary.

Parameter

Regular MBA

Executive MBA

Course duration2 years1 year
Average annual salaryRs. 4-14 lakhRs. 12-40 lakh
Work experience No requirement of work experience A minimum of few years of work experience is mandatory
Course focusEmphasis on enhancing the knowledge of professionalsFocusses both on the theoretical and practical aspects of business

Types of executive MBA

There are different types of executive MBAs for working professionals that are specially designed to support them in getting a degree while pursuing a job. The various courses include:

  • ### Full-time executive MBA

The full-time executive MBA is an on-campus course that takes one year to complete. This course is especially suitable for professionals with more than five years of work experience. The topics under focus in this course include human resource management, microfinance, marketing and international business.

  • ### Online executive MBA

Many professionals do not have the scope to leave their job and attend on-campus classes. The online executive MBA model, which lasts 15-20 months, is best suited for them. Top institutes like IIM Ahmedabad and IIM Raipur, among many others, offer online courses. Some candidates who desire to pursue an executive MBA from abroad can also aim for the online course.

  • ### Weekend executive MBA

Recently, the weekend executive MBA has gained quite a bit of popularity, where the institute avoids classes on weekdays, and the candidate can focus on their classes on weekends. This course takes 18 months to complete. Some top colleges offering weekend executive MBAs are the Indian School of Business (ISB), the SP Jain School of Global Management and the Indian Institute of Foreign Trade (IIFT).

Executive MBA career options

Executive MBA career options

A candidate with an executive MBA degree qualifies for better job opportunities and higher salary packages. The job roles a candidate can get are:

  • ### Senior Sales Executive

A Senior Sales Executive develops an annual sales goal and tries to fulfil it with the help of Sales Associates and Sales Managers. They devise various strategies to find new leads and prospects and turn them into profitable customers and ventures.

Senior Sales Executives perform thorough market research to find opportunities. They are also responsible for creating reports and reviews based on financial and sales data. The average annual salary of a Senior Sales Executive is Rs. 3.6 lakh.

  • ### Communication Manager

A Communication Manager is responsible for administering an elaborate plan for properly functioning internal and external communications within a company. The average annual salary of a Communication Manager is around Rs. 9.5 lakh.

Communication Managers help companies build brand awareness, customer satisfaction, and loyalty programs. They work with the marketing team to generate new strategies and create appropriate newsletters, press kits and press releases.

  • ### Quality Control Manager

All companies must ensure that their products meet standard quality requirements before they distribute and sell them in the market. A Quality Control Manager is responsible for monitoring the staff and the production process.

Quality Control Managers create procedures and policies and communicate them to the staff involved in the production and distribution processes. The average annual salary of a Quality Control Manager is around Rs. 11 lakh.

  • ### Senior Marketing Executive

Senior Marketing Executives are responsible for developing and implementing marketing campaigns for a company to promote a product or a service. For promotion, they often use various media platforms and conduct in-depth market research to understand the consumer's demands.

Senior Marketing Executives use their skills to understand the trend and allocate budgets according to the need. The average annual salary of a Senior Marketing Executive is around Rs. 4.7 lakh.

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Conclusion

A candidate who wants to pursue an executive MBA must have a clear vision and extensive industry knowledge. They must be confident enough to lead a team of professionals for a company's success since that is the kind of job role they will get.

If you are considering pursuing an executive MBA, check out the course offered by Amity Online. The course promises eminent faculty, dedicated career support, virtual job fairs and world-class education. Visit Amity Online to learn more.

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