Executive MBA (EMBA) Eligibility, Fees, Top Colleges, Abroad, College comparisons Syllabus, Scope, and Salary

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Sounak Banerjee

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“I hope you channel your restlessness to transform the world”-Sally Blount, Kellogg School of management.

Executive MBA or EMBA is a 1-year postgraduate degree course in the field of Business Administration. However, some colleges even offer this course for an extended period of 15-18 months. The course is meant for working professionals who want to further improve their management skills.

The minimum eligibility criterion for students willing to study Executive MBA in India is graduation in any stream with a minimum of 55% aggregate marks. Generally, colleges also ask for a minimum working experience of 5-10 years from the applicants. MBA Jobs for Executive MBA students ranges from INR 15 Lakhs to INR 20 Lakhs.

Admission to the Executive MBA course is based on the candidate’s performance in a relevant entrance test, such as CAT, GMAT, and rounds of GD and interview. The average EMBA course fee charged in India ranges between INR 8 and 25 Lacs.

Alert: AICTE has released updated guidelines for MBA Admission Process 2020-21 due to Covid 19. Read more about this.
Average Salary of CEO Over the years
What is Executive MBA?

What is Executive MBA?

This is a postgraduate course that focuses on business and is specially meant for working professionals with extensive experience. It is designed essentially to educate job seekers, managers, entrepreneurs, technocrats and other business leaders.

Executive MBA programs rely heavily on teamwork with a strive to achieve a common goal. Students pursuing this course from the top MBA colleges in India get to study management topics like Marketing, Human Resource Management, International Business, and Microfinance. The EMBA course curriculum also introduces them to Strategic Management and Executive Communication.

MBA Course Highlights

Executive MBA Course Highlights

Course Level Postgraduate
Duration 1 year
Examination Type Semester System
Eligibility Graduate from a recognized university and a minimum specified work experience.
Admission Process Entrance Exam based
Course Fee INR 4 to 15 lakh
Average Starting Salary INR 9 to 15 lakh
Top Recruiting Organizations TCS, Infosys, Wipro, etc.
Top Recruiting Areas Corporate firms, Banks, Offices, Hotels, Online Shopping Portals, etc.
Top Job Profiles Marketing and Sales Executive, Brand Executive, Communications Manager, Customer Support Executive, Quality Control Manager, etc.
Why Study Executive MBA?

Why Study Executive MBA?

The Executive MBA course essentially aims to:

  • offer high quality management education to working professionals through advancement of knowledge in all business-related disciplines
  • develop ethos of corporate professionalism in enrolled students
  • build in enrolled students a solid foundation in all functional areas of business in terms of global, technological, and entrepreneurial perspectives.
  • build financial intelligence for appreciating stakeholder value
  • familiarize students with concepts like Customer Value Management & expanding markets.
Executive MBA vs MBA

Executive MBA vs MBA

There is a very thin line of difference between Executive MBA and Regular MBA. Some of the key differences are:

Parameter Executive MBA Regular MBA
Course Duration 1 year 2 years
Average Salary  INR 9-15 lakh INR 5-9 lakh
Work Experience A mandatory work experience required of 5-10 years No such work experience is mandatory
Course Offerings Provides expert knowledge to professionals who wish to enhance their knowledge. In-depth insights into business functioning at advanced levels.

The above table lists just some basic differences between Executive MBA and MBA course structure and curriculum. Explore deeper insights and differences between Executive MBA and MBA.

Is an Executive MBA better than a Regular MBA?

If you are a working professional with an experience of 5 years or more, then Executive MBA is what you must prefer as it will help you with the expert level knowledge that will further enhance your career growth. On the other hand, if you happen to be a recent grad who wants to gain an advanced level of knowledge in business administration and a specific specialization, go for a Regular MBA.

Executive MBA Eligibility

Executive MBA Eligibility

Candidates who wish to study Executive MBA course must satisfy the following eligibility parameters:

  • Minimum 50% marks at Higher & Senior Secondary level (10th & 12th)
  • Engineering/B.Sc./BBA/B.Com graduates with a minimum of 50% marks from a recognized university
  • Preference will be given to candidates with a minimum of 2 years of work experience and above.
Executive MBA Admission Process

Executive MBA Admission Process

Admissions to the Executive MBA course are generally done through the common entrance exams. The Executive MBA course entertains the results of entrance exams like GMAT, GRE and EMAT. After the student clears all the Executive MBA Eligibility Criteria as mentioned above, colleges follow the admission pattern as given below:

  • Entrance Exam
  • Group Discussion
  • Personal Interview

The detailed explanation for the selection procedure is given below.

  • Entrance Exam
    • The most commonly accepted entrance exam is GMAT. Most of the IIMs consider GMAT for an executive MBA. A 750+ score in GMAT is considered as an ideal score.
    • CAT is also accepted by some of the IIMs like IIM Kozhikode, IIM Shillong, IIM Rohtak, and the score is valid for up to 5 years.
    • Some of the IIMs like IIM Ranchi, IIM Raipur, IIM Trichy have their own exam.
  • Language Test
  • Group Discussion
    • Group Discussion is there to test your communication skills. In order to perform well in this round, you should be updated about current affairs happening around the world.
  • Essay Writing
    • Writing Ability Test (WAT) is considered an integral part of the admission process as this test enables the B-school to know more about the candidate’s goals and aspirations.
    • WAT carries a huge weightage so it needs to be prepared thoroughly.
  • Personal Interview
    • PI is the final round of Executive MBA admission process and is considered to be the most crucial round because here your overall personality will be judged. The panel will look for distinct personality traits in a candidate and then decide whether he/she would be able to add the value to the program or not.
    • Personality traits and the attitude of the candidate are the areas of concern here.
Skills for MBA Executive Entrance Exam
Executive MBA Entrance Exams

Executive MBA Entrance Exams

To pursue Executive MBA in Delhi, like Executive MBA from FMS, commonly entrance tests like those mentioned below are considered.

  • GMAT: GMAT (Graduate Management Admission Test) is conducted by GMAC for admission to more than 5400 programs in various Business Schools around the world. It is considered as one of the most acceptable platforms for selecting students for MBA Programs.
  • GRE: GRE (Graduate Record Examination) is considered internationally for admission into various management and technical courses.
  • EMAT: EMAT (Executive Management Aptitude Test) is conducted by IIM Kozhikode for admission in the EMBA program of the institute’s Kochi campus.
  • CAT: CAT 2020 (Common Admission Test) is a qualifying exam for admission to MBA, PGDM and other PG level management courses in India.
  • NMAT: NMAT is conducted by GMAC (Graduate Management Admission Council) for admission to various management courses.
Executive MBA Top Colleges

Executive MBA Top Colleges

Some of the top colleges for Executive MBA are mentioned below along with location and average annual fee:

Name of College City Average Annual Fee (INR)
Indian Institute of Management Ahmedabad INR 25,00,000
Indian Institute of Management Lucknow INR 21,40,000
Symbiosis Centre for Management and HRD Pune INR 2,10,000
Indian Institute of Management Kolkata INR 27,00,000
Indian School of Business Hyderabad INR 37,00,000
Amity University Noida INR 6,20,000
Indian Institute of Business Management and Studies Mumbai INR 40,800
Narsee Monjee Institute of Management Studies Mumbai INR 4,70,000
Delhi Technological University New Delhi INR 2,30,000
University of Delhi- Faculty of Management Studies New Delhi INR 95,000
Executive MBA College Comparisons

Executive MBA College Comparisons

The college comparisons of best Executive MBA colleges based on the NIRF rankings, overview, admission process, average fees and average placements are mentioned below:

Parameters Symbiosis International University IIM Calcutta NMIMS
Overview Symbiosis International University (SIU), situated in Pune, is a leader in providing world-class education with many of its Institutes ranked amongst the best in the country.  Indian Institute of Management (IIM Calcutta) is the 1st Indian Institute of Management to be established in India. The institute provides Post Graduate, Executive and Doctoral level programs in the field of management. SVKM’s Narsee Monjee Institute of Management Studies established in 1981, is one of the leading B-Schools in the country. It has expanded into a multi-campus deemed to be a university.
Rank NIRF: 73/200 NIRF: 3/200 NIRF: 92/200
Admission Process Entrance Exam Entrance Exam Entrance Exam
Fees (INR) 2,10,000 27,00,000 4,70,000
Package (INR) 20,00,000 35,00,000 30,00,000
Executive MBA Abroad Options

Executive MBA Abroad Options

The best Executive MBA Colleges around the world according to QS Global EMBA Rankings, cities and average fees are mentioned below:

QS Global EMBA Rankings 2020 College Name Cities Average Fees(USD)
1 Penn(Wharton) Philadelphia, San Francisco 2,14,800
2 IESE Business School Barcelona, San Francisco, Silicon Valley 1,20,000
3 HEC Paris Paris, Doha 80,000-90,000
4 MIT(Sloan) Cambridge 178300
5 London Business School London, Dubai 1,10,000 - 1,20,000
6 Chicago(Booth) Chicago(IL), London, Hong Kong 1,74,800
7 INSEAD Fontainebleau, Abu Dhabi, Singapore 1,20,000
8 Oxford(Said) Oxford 1,20,000
9 UCLA(Anderson) Los Angeles (CA) 1,20,000
10 Berkeley(HAAS) Berkeley(CA) 1,20,000
Executive MBA Scope

Executive MBA Scope

After completing the Executive MBA course, students have a lot of opportunities to explore. One can even bag a higher position in their firm as a means of promotion. More responsibilities may be endowed and bigger projects may be given. The below chart gives a comparison between how much money one needs to spend on executive MBA education and how much they get to earn.

MBA Job Profiles

The following table gives a more vivid description of the job profiles along with the salaries available.

Job Position Job Description Average Annual Salary
Marketing and Sales Executive These executives work to maximize the company's profits. They achieve these preset goals by developing sales strategies and devising up-to-date plans that sync customer requirements. They promote and highlight their products, services, or ideas in the market with the intention to garner attention and thought. INR 3-4 lakh
Brand Executive Brand Executives are responsible for the creation, management, supervision and growth of brands under their belt. The main responsibilities of a Brand Executive are to master, manage and develop the brand portfolio and aim to achieve high brand sales. INR 5-8 lakh
Communications Manager Communications Manager job is a senior level job generally given to those with at least 7 years of experience in his or her field. They create, implement and oversee the current communication programs. They are in-charge of all internal and external communications taking place in the firm. They promote the organization and the products through effective communication strategies. INR 7-8 lakh
Customer Support Executive They are the ones who answer and reciprocate to incoming calls from customers. Customer Service Executives are in demand by IT companies where the executives have to work and handle their clients. INR 2-5 lakh
Quality Control Manager They use a variety of measures and strict parameters in their management systems to comply with total quality management set by the standard. They usually have specialized tasks which are carried out depending on the nature of work. They devise and establish a company's quality procedures, reputation, standards and specifications. INR 6-8 lakh
Annual Salary of Different Professions in Lakhs

The topmost recruiters are Flipkart, TATA, Airtel, TCS, Infosys, Accenture and Micromax.

Executive MBA FAQs

FAQ

Ques. Which are the best Executive MBA programs available in India?

Ans. There are a lot of Executive MBA specializations. Some of the popular ones are:

Ques. Which college is good for an Executive MBA?

Ques. What is the difference between General MBA and Executive MBA?

Ans. An executive MBA course differs from General MBA in many respects ranging from the course duration to the eligibility criteria. To know in detail about how the 2 courses differ, click here.

Ques. Does an Executive MBA have the same value as a fulltime MBA?

Ans. Both the Executive MBA and Full-time MBA are meant for different purposes. A full-time MBA program focuses on providing deep insights into business functioning at advanced levels. Whereas, the Executive MBA is of value for those professionals who are already in a job and want to enhance their skills.

Ques. What are the benefits of pursuing an Executive MBA in India?

Ans. The Executive MBA course is especially meant for those people who are already doing a job and further want to enhance their skills The course helps students in learning deeper knowledge related to their field. Many professionals and executives in India opt for Executive MBA to rise in ranks in their company or to increase their package

Ques. What is the ideal age to pursue an Executive MBA?

Ans. In order to pursue an Executive MBA, students need to fulfil an eligibility criterion of minimum work experience. The average work experience required is 5-10 years. Due to this, the age of the students goes a bit high. In most of the IIMs, the average age of students is 30 years.

Ques. What are the prerequisites to do an Executive MBA in IIMs?

Ans. Executive MBA is offered in different IIMs under different names. Due to this, there might be some variations in the prerequisites. However, the biggest prerequisite to pursue this course from any institute is work experience. Other prerequisites include:

  • Graduation in any stream
  • A valid GMAT score
  • Minimum age as set by the institute.

Ques. Is an Executive MBA in International Business worth taking?

Ans. An Executive MBA in International Business will equip students with all the sufficient knowledge they need to display their expertise in the subject. The course equips students with the skills of:

  • Marketing
  • Finance
  • Management
  • International trade basics
  • International monetary systems
  • International law
  • International trade
  • Strategic alliances
  • Joint ventures with foreign firms

Also, one should ensure they opt for this course only if they are already associated with the field.

Ques. Do Executive MBA students get the opportunity to sit at placements in the IIMs?

Ans. For IIM executive courses like PGPX and EPGP, students are allowed to sit in placements generally, even in cases when they are attached with their own companies.

However, in part-time executive MBA courses, they might not be allowed to appear in the placements.

Ques. How much minimum work experience is required for an Executive MBA?

Ans. Generally, the standard is kept at 5 years, but some institutes ask for up to 10 years. Though some institutes even agree with a work experience of 2 years.

Ques. Which companies offer jobs to Executive MBA graduates?

Ans. The top recruiting companies are:

  • Flipkart
  • TATA
  • Airtel
  • Accenture
  • TCS

Ques. How much salary does one get after an Executive MBA?

Ans. The average salary after Executive MBA ranges from INR 9-15 lakh.

Ques. What is meant by working professionals?

Ans. Working Professionals are those people who are already in their job or doing some business.

Ques. Is CAT score accepted in Executive MBA?

Ans. Generally, colleges consider the score of exams like GMAT, GRE and EMAT. However, some institutes might accept CAT.

Ques. How much fee is required for Executive MBA?

Ans. The fee charged can be anywhere between INR 4-15 lakh.

Master of Business Administration [MBA] (Executive) Fee Structure in India


2.20 K (Minimum Fee)PUBLIC COLLEGES27 L  (Maximum Fee)
3.28 L (Average Fee)
12 K (Minimum Fee)Private COLLEGES1.21 Cr (Maximum Fee)
5.67 L (Average Fee)

Master of Business Administration [MBA] (Executive) Fee Structure By state


Delhi NCR

1.17 LPUBLIC COLLEGES10.80 L
5.18 L
44.84 KPrivate COLLEGES12 L
3.36 L

Rajasthan

10.21 KPUBLIC COLLEGES70 K
40.11 K
40 KPrivate COLLEGES3.66 L
1.94 L

Maharashtra

1.50 LPUBLIC COLLEGES1.50 L
1.50 L
81 KPrivate COLLEGES8.17 L
4.32 L

Karnataka

4.25 LPUBLIC COLLEGES4.25 L
4.25 L
92 KPrivate COLLEGES7.20 L
3.31 L

Uttar Pradesh

2.20 KPUBLIC COLLEGES85 K
43.60 K
44.84 KPrivate COLLEGES12 L
4.16 L

Gujarat

1 LPUBLIC COLLEGES1 L
1 L
1.08 LPrivate COLLEGES1.80 L
1.41 L

Madhya Pradesh

1.21 LPUBLIC COLLEGES1.21 L
1.21 L
97 KPrivate COLLEGES1.20 L
1.09 L

West Bengal

6.24 LPUBLIC COLLEGES27 L
16.62 L
1.60 LPrivate COLLEGES1.21 Cr
61.05 L

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10 Reviews found out of 177274


KP
8.5 /10

Course Curriculum Overview :

MBA executive. a course specially designed for working students. it provides us with the evening classes. suitable timings for study and job purpose. also the curriculum is as same as other top universities in the country. They also provide us with campus placements, seminars, projects, educational tours, annual day celebration, university election and all.

Admission :

Best inbudget College with best education. Govt. College is the best for middle class students foe educating themself. and i am earning and doing this course on my own, so this college was best for me. The college campus is best in town.the teachers are well qualified and also it is a semester based course which suits my expectation.

Campus Life :

Male to female ratio is 4:1. I don't know the reason may be because evening colleges suits less to females. Student unions are there. which work for student welfare and also helps us time to time. There's obviously caste benefit provided while admission process but no baisness is done in campus reagarding gender, caste or status.

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MA
8.5 /10

College Events :

College events are good and the atmosphere is pretty lively in the campus. The cultural dance performances were best. Workshops and guest lectures were also pretty good and insightful. College infrastructure was also good and we were provided with the facilities like a fully digital library, wi-fi connectivity, etc.

Course Curriculum Overview :

Course curriculum is specifically customised for the working professionals. It is aimed at upgrading the existing knowledge-base of a person. And it was true to that. I had pretty good knowledge about the financial management, and the course literally helped me gain insight in this particular domain.

Faculty :

Faculty was very helpful and hold appropriate qualification. They had an ample amount of industry experience which was updated as per latest industry standards. The faculty and the placement cell helped me create a good base for starting my venture and they helped me with their valuable insights.

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