Executive MBA is a postgraduate degree in Business Administration that is generally pursued by professionals with significant work experience. An Executive MBA helps you to cultivate a detailed understanding of administrative angles like critical reasoning, a global viewpoint, prepared judgment, respectability, and flexibility. You can find many top Executive MBA colleges in India, and you can apply for an EMBA at any age. However, the selection process for each college is likely to be different.
Overview of the Course
An EMBA is guaranteed to give you an edge over others. Having an EMBA degree can aid you in earning a promotion or a salary increment. EMBA programs upgrade the administrative and strategic knowledge you have acquired over the course of working for different organisations. Since it is mainly pursued by professionals, most Executive MBA colleges in India organise evening or night classes so as to accommodate all the course takers.
A candidate should have secured at least 50% marks in their previous college examinations to get admission to an Executive MBA program. The Graduate Management Admission Council (GMAC) has introduced a “mini-GMAT” exam for EMBA aspirants. According to the GMAC’s latest directives, the Executive Assessment (EA) test (also known as the mini-GMAT exam) is a must for working professionals to secure admission to the top Executive MBA colleges in India. However, many universities and colleges conduct their own entrance exams and may not require an EA test score.
Some of the common entrance exams for admission in EMBA programs are:
- Common Admission Test
- XAT, which is conducted by XLRI, Jamshedpur
- Management Aptitude Test
- Symbiosis National Aptitude Test
- Delhi University Entrance Test
There are a variety of sections tested in each exam, such as Quantitative Ability, Reasoning, Reading Comprehension, Data Interpretation, Verbal Skills, and Non-Verbal Communication. Many companies even offer to finance the Executive MBA course for their employees, because they will receive a direct return on their investment when the employee brings her newly acquired knowledge back to the company.
There are five main types of specialisation in Executive MBA. They are:
- Human Resources
- Information Technology
- Hospital Management
Benefits of pursuing Executive MBA courses
- EMBA courses are based on practical learning and help the candidates to develop a hands-on approach to management and other aspects of their industry.
- EMBA programs are generally 9 to 15 months in duration, which is much shorter than full-time 24-month MBA programs.
- Successfully completing an EMBA program is likely to increase your credibility as a professional and can also contribute positively to a pay hike or potential promotion.
Top Executive MBA colleges in India
- Indian Institute of Management, Ahmedabad
IIM Ahmedabad is one of the premier educational institutions in India. They have excellent teaching faculty. Candidates need to go through a meticulous selection process, including group discussion and a personal interview. The average cost of EMBA programs in this institution is around INR 25,00,000. You have to clear the GMAT or CAT to secure admission to IIM Ahmedabad.
- Indian Institute of Management, Lucknow
IIM Lucknow is also one of the top institutes in India. It provides a 2-yr Post-Graduate Programme in Management for working executives. The courses emphasise enhancing practical and managerial skills. The average fee of an EMBA program at IIM Lucknow is around INR 21,00,000. You have to clear GMAT or CAT to secure admission to IIM Lucknow.
- Indian School of Business, Hyderabad
The Indian School of Business (ISB) is one of the most reputable B-schools in India. It is a well-known college which is located in Hyderabad. It provides 15-month long EMBA programs. The average course fee is around INR 37,00,000. You can apply for admission to ISB with a valid GMAT or GRE score.
- Amity Global Business School, Noida
The Amity Global Business School is affiliated with Amity University. Amity University is a renowned private institution situated in Noida, India. The college has been acknowledged by the University Grants Commission and accredited by the NAAC with a grade ‘A+’. The institute offers 2-yr long EMBA programs. The course fees are around INR 6,20,000. It is also among the top distance Executive MBA colleges in India. You need a good GMAT or CAT score to get admission. You can check their official website to know more about the courses offered.
- Indian Institute of Business Management and Studies, Mumbai
IIBMS, Mumbai, is among the top colleges which offer distance Executive MBA programs in India. It offers 2-year distance Executive MBA programs to experienced professionals. These courses offer specialisations in Marketing, Finance, HR, IT, Operations and Strategic Management. The average fee is around INR 40,800 per annum. You have to clear the GMAT exam to get admission to this college. They accept the CAT score as well.
- Narsee Monjee Institute of Management Studies, Mumbai
NMIMS is one of the oldest management institutes in India. Candidates must secure at least 50% marks in their graduation to be eligible for admission at NMIMS. It accepts the score of the Narsee Monjee Institute of Management Studies (NMIMS) Management Aptitude Test (NMAT exam), which is conducted by GMAC. After the entrance exam, you need to pass the group discussion and personal interview to get enrolled in an EMBA program. The average fee is around INR 16,70,000.
- Delhi Technological University
Delhi Technological University is one of the top Executive MBA schools in India. The department of management offers 2-yr long Executive MBA programs. The average fee of the programs is around INR 2,30,000. You have to take the GMAT exam to get admission to this university.
- Institute of Management Technology, Ghaziabad
Institute of Management Technology is one of the top five B-Schools in North India. It provides 15 months long Executive MBA programs. The average fee is around INR 15,00,000. You can present your GMAT score at the time of application. You will also be required to participate in a group discussion and a personal interview over the course of the application process.
- Indian Institute of Management, Kolkata
IIM Calcutta is the oldest IIM in India. The average fee is around INR 27,00,000. IIM Calcutta has excellent faculty and infrastructure. It is recognised by the government as an Institute of National Importance. You will need a good GMAT score to be considered for admission, in addition to participating in a group discussion and appearing for a personal interview.
- Symbiosis Institute of Business Management, Pune
The Symbiosis Institute of Business Management is affiliated with the Symbiosis International University, one of the top universities in India. It offers EMBA courses that provide practical industry knowledge to working professionals. The average cost of the courses offered is around INR 3,10,000. Symbiosis conducts its own entrance exam known as the Symbiosis National Aptitude Test (SNAP test). Apart from that, it accepts GMAT or CAT scores for admission.
There are several reputed Executive MBA colleges in India. Before you make a decision about where you want to pursue your EMBA, make sure you research each college thoroughly. The fee structure and course duration will vary from college to college. Check whether your work experience matches your chosen college’s eligibility criteria, and ensure that you get a good score on any entrance exam that you might be required to take.
There is no doubt that completing an EMBA will be a boon for your future professional endeavours, and we wish you the best of luck!
- Which is the best Executive MBA college in India?
One is spoilt for choice when it comes to selecting an MBA college for an Executive MBA program. Some of the top B-schools offering the course are IIM A, IIM B, XIME, ISB, IMI. We would suggest that you check each college and weigh the pros and cons before you finalize the college where you want to pursue your Executive MBA.
- What is the duration of the Executive MBA course?
An Executive MBA as the name suggests is aimed at business executives and professionals with five years of experience or more. It is usually a two-year program but some colleges offer a one-year part-time program as well. The part-time program enables such professionals to continue with their job when pursuing their MBA course simultaneously.
- Is an Executive MBA worthwhile to pursue ?
Yes, an EMBA has proven to be one of the most lucrative options for an individual’s career. It provides a boost to your career while helping you gain valuable business insights and improving your decision-making skills. An EMBA helps you to network with professionals from various industries and domains. The learning process in an EMBA classroom is collaborative rather than competitive. You get to understand team-building skills and get to work with teammates to arrive at a solution.