A two-year or one-year Executive Master of Business Administration (Executive MBA) programme is intended for business leaders with over two or three years of management experience. Moreover, Executive MBA candidates in part-time programmes retain their full-time employment and attend classes on Fridays and weekends, or in the evenings. Full-time Executive MBA programmes are also available.
If you want to enroll for an Executive MBA programme, it is critical that you understand what the programme and the business school have to offer in terms of course content and faculty, diversity and international exposure, potential career paths, work load, etc.
The EMBA course format differs from that of traditional MBA and PGDM programmes. So, here are 10 things you need to know before applying for an Executive MBA in India. Read on to know more.
- Is an Executive MBA the right degree for me?
Your higher education is something you have control over, and as a result, you have the choice to study something you are actually interested in. Besides, as a working professional you would want something that provided you with a convenient learning system and time flexibility. The Executive MBA does just that! Besides, it might be the ideal option for you if you are looking to grow professionally in the corporate world and want to make it to managerial or executive positions.
- Schedule of your executive MBA program
When it comes to picking an Executive MBA programme, the timetable is crucial. The ideal schedule is one that allows you to maintain your existing professional commitments. This is the reason why most EMBA programs have evening classes, weekend classes, online classes, or other options for professionals. You can also choose a course length that suits you, as different B-schools offer courses of different lengths.
- Choice of B-school and programme
To achieve an EMBA degree that is ideal for your specific line of work, it’s necessary to look at the broader picture and choose a business school that provides you with instructors, strong course material, off-site learning, and interactive activities that can cater to your field. Some B-schools may have top-ranked MBA degrees, whereas others might have a top-ranked EMBA degree programme. Choose wisely based on what will work best for you.
- Course content and faculty
It is wise to choose a B-school where the lecturers and instructors have outstanding qualifications and are reputed as experts in their disciplines. B-schools often earn their fine reputation based on the faculty that teaches there, and it is important to conduct a thorough research about potential instructors in your chosen line at the school you are eyeing. You should also seek a school that updates its curriculum on a regular basis to stay up with changing business trends.
- Diversity and international exposure on offer
With the right school, you’ll get the chance to meet students from all around the world and gain exposure to many different cultures and people, and even business practices. It will assist you in expanding your professional network as well as in understanding global trends and how they apply to local companies.
- Outcomes from an Executive MBA in India
In general, the career outcomes that EMBA-holders receive are outstanding, and professional success is almost guaranteed. Diverse alumni networks also assist people in finding jobs not only in India but throughout the world. For instance, ISB Hyderabad, which is considered one of the best B-schools in India, has a global alumni network of over 9,500 members who work in a range of industries; including management consulting, technology, finance, real estate, media, manufacturing, and healthcare. Over 400 of them operate their own businesses, and more than 5% of them are CEOs. Most B-schools help build solid alumni and professional networks just like ISB’s.
- Future of Executive MBA in India
You can rest assured that the future of EMBAs in the nation appears to be bright. Since many Indians value job stability, EMBAs are rising in popularity because they can be completed part-time and via distance learning, allowing students to remain employed and receive a paycheque while they earn a degree.
Pursuing an Executive MBA while working full-time will require you to work normal office hours as well as complete all course-related assignments, projects, and other work on time. To succeed in the course, you must stay motivated and submit your work within the deadlines. It is important to give this a good amount of thought before you begin applying for an EMBA, as one of the most challenging aspects of an EMBA is having to juggle your job, your degree, and your leisure time.
- Social life
With the intense workload that an EMBA entails, your social life is likely to suffer. This means that there will be less time for friends and family. This is one of the sacrifices you will have to make during the course of your Executive MBA programme. If you are studying for an executive MBA in a location other than your home city, you may even have to remain away from your family. Be well aware of this before you begin applying to B-schools. The silver lining, however, is that one-year EMBAs are very popular and widely available, and of course, if you are able to manage your time well, then there is no reason why you will need to take much time away from your loved ones.
- Time management
Continuing from the previous point, your ability to manage your time is what will allow you to complete your Executive MBA programme effectively. To combine your studies and personal life, it’s critical that you create a personal schedule or plan and stick to it. Make sure to incorporate leisure time, time for family, time to unwind, and anything else you feel you need to be at the height of your productivity.
If you want to make a name for yourself in the corporate world, an Executive MBA is a way to go. The flexible curriculum allows you to combine education and work, as well as pursue them separately. This degree will offer up well-paying possibilities for you after your EMBA if you pursue it with passion and commitment.
These are 10 things that you need to know before applying for an Executive MBA in India. Hope this article helped!