Executive MBA: Degree, Eligibility, Admission 2024, Fees, Scope & More
Executive MBA or EMBA is an advanced degree in management crafted for working professionals with an experience of 3- 4 years after graduation. The course duration varies from a year to 18 months depending on the university and specialization. The EMBA program helps to gain an understanding of business, managerial skills, and leadership qualities essential for top management.
130+ colleges in India offer the EMBA in specializations such as Finance, Marketing, HR, Operation management, etc. The course leads to the career advancement and high earning potential of the learners with diverse job opportunities in leading business organizations such as Google, KPMG, Capgemini, IBM, Cognizant, Accenture, and so on.
Read the full article to get a sneak peek of the EMBA program and choose the right elective for your career advancement.
What is EMBA?
EMBA or Executive MBA is a postgraduate degree program designed for managers, entrepreneurs, technocrats, and business leaders to take their organisations to new heights with the implementation of managerial tactics and strategies that can elevate their business arena.
The curriculum of EMBA covers the basic to advanced knowledge of management topics such as marketing, finance, human resource management, production and operations. The course also covers strategic management and entrepreneurship to develop a future business leader.
Executive MBA: Course Details
| Particulars | Details |
|---|---|
| Course Name | Executive MBA (EMBA) |
| Duration | 1 - 1.5 Year |
| Eligibility | Graduation in any stream with a minimum of 60% marks and 3-4 years of work experience |
| Admission | Entrance Exam Such as CAT/XAT/GMAT/SNAP |
| Fees | ₹ 6,00,000 to 15,00,000 (Full Course Fees) |
Why Executive MBA?
Executive MBA program provides the knowledge for career advancement and helps work professionals in the following ways:
Career Advancement
The degree program imparts knowledge about leadership, strategic thinking, and management skills that can accelerate your career and push you towards top management.
Networking Opportunities
The program attracts candidates from diverse backgrounds leading to the building up of a rich network of peers, alumni, and faculty essential for career growth.
Real-World Application
pursuing the degree program without taking a break from the job helps to integrate what they learn into their current roles, benefiting their organizations.
Enhanced Earning Potential
Most candidates pursuing the EMBA have seen a tremendous increase in their earning potential.
Global Perspective
The international immersion program during the course leads to learning about the global business environment in real-time and opens a path to international job opportunities.
Personal Growth
The skills such as leadership, decision-making ability, and strategic thinking boost confidence in professional as well as personal life.
Who Can Pursue EMBA Program?
EMBA programs are beneficial for the following personnel:
- Mid to Senior-Level Managers: The candidates already working in leadership or managerial roles and looking for career advancement in strategic, leadership and business management skills.
- Entrepreneurs: Business owners who want to take their business to the next level using managerial tactics and skills.
- Aspiring C-Suite Executives: Professionals aiming to advance to levels such as CFO, CEO, and COO can gain the benefit from the leadership and decision-making abilities in the EMBA program.
- Technical Experts Looking for Career as Managers: Individuals with technical backgrounds seeking career advancement into managerial roles and need to develop business acumen and leadership skills.
Eligibility Criteria
The eligibility criteria for the EMBA program are typically the same for all colleges. The candidates are examined based on their performance in the entrance exam, personal interview, group discussion, academic achievement, and job experience. To be eligible for the EMBA program a candidate must:
- Have completed the graduation in any stream preferably BBA, B.Com., B.Tech., and B.Sc.
- Have at least 3- 4 years experience in a reputed organisation after graduation.
- Have passed the MBA entrance exam such as CAT and GMAT.
Duration & Fees
Executive MBA: Duration
The duration of the EMBA program varies from 1 to 2 years depending on the university and the specialization you choose.
Executive MBA: Admission Process 2024
Generally, admission to the EMBA program is based on the academic performance and merit list prepared after the entrance examination. While some colleges give admission based on the job profile, knowledge and academic performance. Below you will find the typical admission process for the EMBA program:
- Entrance Examination: The top EMBA colleges accept admission through the GMAT exam. IIMs mostly consider the score of the GMAT and CAT exams for admission to EMBA program,
- Group Discussion: The shortlisted candidates will be required to appear for the group discussion in the institute chosen.
- Personal Interview: The selected candidates will be called for an interview at the respective institute.
The final admission decision will be based on the marks obtained in all three steps described above.
Executive MBA Entrance Exam
There are two main examinations for GMAT & CAT. Below you will find the difference between the two in detail:
| Particulars | GMAT | CAT |
|---|---|---|
| Sections | Quantitative reasoning (QR), Verbal reasoning (VR), Analytical writing (AWA), Integrated Reasoning (IR) | Verbal ability and reading comprehension (VARC), Data Interpretation and logical reasoning (DILR), Quantitative Ability (QA) |
| Number of Questions | 80 Questions in total QR – 31 Questions / 62 Minutes VR – 36 Questions / 65 Minutes IR – 12 Questions / 30 Minutes AWA – 1 Question / 30 Minutes | 100 Questions in total VARC – 34 Questions / 60 minutes DILR – 32 Questions / 60 minutes QA – 34 Questions / 60 minutes |
| Duration | 3 Hours & 7 Minutes | 3 Hours |
| Result | Absolute Score out of 800 | Result in Percentile |
Top Executive MBA Colleges
Executive MBA from IIMs
| Institute Name | Course Name | Fees (in Lakhs) |
|---|---|---|
| IIM Bangalore | EPGP (1-Year) | 33,96,000 |
| IIM Ahmedabad | MBA-PGPX (1-Year) | 33,00,000 |
| IIM Kozhikode | EPGP (2-Years) | 14,70,000 |
| IIM Calcutta | EPGP (1- Year) | 31,00,000 |
| IIM Indore | EMBA (1-Year) | 22,11,800 |
Executive MBA from Other Colleges
| Institute | Ranking | Fees (in Lakhs) |
|---|---|---|
| SIBM Pune | 13 | 6,70,000 |
| Indian Institute of Foreign Trade (IIFT) | 15 | 21,77,314 |
| Great Lakes Institute of Management, Chennai | 34 | 14,77,000 |
| Xavier School of Management, Jamshedpur | 9 | 14,00,000 |
| Department of Management Studies, IIT Delhi | 4 | 12,00,000 |
| S. P. Jain Institute of Management and Research | 20 | 9,00,000 to 20,00,000 |
| IMT Ghaziabad | 35 | 19,50,000 |
| Indian School of Business | - | 41,00,000 |
| Management Development Institute, Gurgaon | 11 | 24,99,000 |
Executive MBA Syllabus
The typical EMBA syllabus is given in the table below
| Semester I |
|---|
| Principles of Management and Organizational |
| Behaviour |
| Managerial Economics |
| Accounting and Finance for Managers |
| Marketing Management |
| Human Resource Management |
| Research Methods for Management |
| Corporate Communication |
| Operations Management |
| Project Work |
| Viva Voce |
| Semester II |
|---|
| Production and Operations Management |
| Executive Communication |
| Microfinance: Perspectives and Operations |
| Events Management |
| International Business |
| Business Environment and Ethics |
| Strategic Management |
| Management Information Systems |
| Project Work |
| Viva Voce |
Executive MBA: Job Opportunities
Earning the EMBA degree opens many opportunities in India and internationally. The candidate earns the skills that are essential for top-level management. Most candidates after completing their course find the EMBA program a perfect fit for their career advancement and earning potential. Some of the job opportunities after the course completion are:
- Project Manager.
- Business Development Executive/ Manager.
- Product Manager.
- Marketing Manager.
- Analytics Manager.
- System Manager.
- Data Processing Manager.
- Business Analyst.
Frequently Asked Questions (FAQs)
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An EMBA program is best for working professionals with 8-10 years of experience. The program is crafted for the professionals and gives them the essential skills and knowledge for their business and career.