There are many who must have missed getting a management degree. In case you have spent three years working for an organization you can apply for an Executive MBA in India (EMBA). There are many top management institutes offering a full time one year EMBA course as well as part time courses of different durations, that go upto 15 months to 2-3 years. The fees of these courses should be considered as investment as these courses have the potential to bolster one’s career and can yield notable returns in near future.
In India it is indeed a pricey course. The top IIMs, Bangalore and Ahmedabad prices are around Rs 27 to 28 lakhs. At the same time IIM Calcutta prices are around Rs 22 lakhs. There are newer IIM pricing less such as the fee at IIM Indore is around Rs 18 Lakhs and at IIM Shillong is around Rs 14 Lakhs.
The eligibity for admission for most of the EMBA programs in India is a good score in GMAT, CAT or GRE exams and work experience of 3 to 7 years depending on various programs. To get selected merit and quality of the work experience is essential as most of the institutes try to select candidates from varying work profiles. The final stage is individual interview to get selected for the program. The candidates must have a convincing profile to persuade the admission panel to grant them a seat in the program and should convey why they deserve the seat.
On the websites of the Institutes one can find indications of the salary that is offered to the EMBA graduates. The 2016 batch of XLRI of 108 students were offered an average salary of Rs 17.1 lakh. Rs 32.7 lakh was the highest package offered. The full time Executive MBA course in India may require an individual to take break from their existing job. While the part time programs are systemized so that one can even pursue their job along with the program.
According to Ganesh Prabhu who is the Professor of Strategy at IIMB, the proram is ideal for those who have impressive undergraduate qualifications with a considerable work expeirnce. Even with work skills that have high market value will typically be able to get hold of a better job after completion of this program.
This program is not recommended for individuals who have no or work experience or skills that are not presently in market demand. They cannot benefit from this program in their area of expertise. The Executive MBA program in India will help in getting a better salary to a proficient manager who is currently paid less due to lack of an MBA degree. This sole promise makes the entire expensive program of EMBA worth the fees.
