Executive MBA in India is offered by very few top MBA colleges like ISB Hyderabad, Mohali; IIM Ahmedabad; FMS Delhi; IIT Delhi; Great Lakes Institute of Management; PUMBA Pune among a few others. Often Executive MBA is confused with one year MBA. However, the basic points demarcating between Executive MBA and one year MBA are:
Executive MBA is NOT a full time programme while one year MBA is full time programme
Executive MBA is meant for executives for more than 5-7 years of managerial/executive work experience
Executive MBA duration could be 2 to 3 years with evening/weekend classes
Executive MBA programme is not supported by Placement while one year MBA has placement support
Executive MBA fee is much higher than one year MBA
Although there are many top executive MBA colleges across the globe, but the executive MBA in India is not offered by many institutes. A key point to note in regard to the top Executive MBA colleges in India is that there is no executive MBA from IIMs. Therefore, despite being the institutes of high national importance, executive MBA from IIMs has not been launched. On the contrary, a full time one year programme like IIMA PGPX, IIMB EPGP is confused as the Executive MBA from IIMs which in fact is not a true Executive MBA programme.
In US, Europe, Singapore, Hong Kong and China, ‘Executive MBA’ or ‘EMBA’ is generally a premium high-end modular MBA equivalent program offered to senior executives with 15+ years of experience who don’t wish to leave their well-paying full-time jobs for earning MBA credentials. The course program structure is designed in such a way that senior working executive spend 50-60 days on campus attending classes and complete the rest of the EMBA program while working.
Candidates seeking admission in Executive MBA and planning to apply must have pursued at least a three-year Bachelor‘s Degree programme after twelve years of formal schooling. Additionally, she/ he should have at least five to ten years of experience as an executive or an administrator in a commercial/government establishment to become eligible for Executive MBA admission.
Executive MBA Fee
Executive MBA fee is much higher than full time MBA fee. Across the globe, Executive MBA is positioned as a premium MBA program for senior executives. The Kellogg-HKUST Executive MBA Fee is as high as USD 1,83,000 and the TRIUM Global Executive MBA Fee is USD 181,500. The executive MBA fee in India by top MBA colleges offering Executive MBA is as under:
ISB Hyderabad Executive MBA Fee is Rs 38.48 lakhs.
Great Lakes Institute of Management Executive MBA fee is Rs.8.50 lakhs
IIT Delhi Executive MBA fee is Rs.9.90 lakhs
PUMBA Pune Executive MBA Fee is Rs.1.54 lakhs
FMS Delhi Executive MBA fee is Rs.50,000 only
The Executive MBA fee structure at FMS Delhi is the lowest at Rs.50,000 only followed by PUMBA at Rs.1.54 lakhs. The executive MBA fee is higher in private MBA colleges like ISB but is lower in Government or Government University affiliated MBA colleges in India.
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