MBA courses provide opportunities to those who want to learn management skills with an ongoing job. MBA for Executives and Executive MBA is for those who want to pursue MBA after taking a break from their regular job.
Both the MBA courses aim to provide top-class managerial skills and other aspects of social services but have a fine line of difference between the ways through which they provide the course. Both the courses are primarily done to enhance the job role and payscale.
MBA Finance is the most popular MBA specialization for Executives pursuing an MBA Course.
The MBA program is provided through different modes and types such as Online MBA, Distance MBA, full time and part-time MBA.
Check: MBA Admission 2023
Improvement in Leadership skills, management skills, communication, and creativity are some of the key skills that a firm of different areas demands from their working professionals. Such skills are an imperative part of any MBA program.
See Also:
Comparison between MBA Executive and MBA for Executives
| Parameters | Executive MBA | MBA for Executive |
|---|---|---|
| Duration | 1 year | 1 year to 3 years |
| Course type | Full time | Part-time, Offline, and Online |
| Fees Structure | INR 4 to 15 Lakhs | INR 2 to 20 lakhs |
| Average Salary | INR 9 to 16 Lakhs | INR 7 to 17 Lakhs |
| Job Profile | Marketing and Sales Executive, Brand Executive, Communication Manager | Investment Banker, Project Manager, Senior Financial Consultant, Business Development Manager |
| Recruiters | TCS, Infosys, Wipro | IBM, Vedanta, Ultra Tech Cement |
| Work Experience | Mandatory experience of minimum 2 to 5 Years | Mandatory Experience of minimum 5 years |
| Eligible candidates | Already worked in a job | Working in a job |
| Admission Process | Entrance Based | Depends on the type of course |
Executive MBA (EMBA)
Executive MBA is a postgraduate course designed for professionals, managers, entrepreneurs, technocrats who have extensive working experience and aspire for future growth and development in terms of status, position, finance, knowledge, and advancement through a full time one year course.
Duration: 1 year (maybe for 15-18 months by some institutions)
Category of course: Full Time, Regular.
Executive MBA Specializations
- Executive MBA Human Resource Management
- Executive MBA Finance
- Executive MBA Marketing
Eligibility Criteria: (Mostly depends on the institution and the type of course)
- Some institutions conduct their personal selection procedure that includes: Graduation marks, Work Experience, Ability Test, Group Discussion, and Personal interview.
- Candidates must have completed graduation with at least 50% marks or some Diploma course or equivalent to that from a recognized Institution.
- The score obtained in CAT/XAT/GMAT.
- Work experience should be there (minimum of 2 years).
Executive MBA Entrance Exams
Executive MBA Top Colleges
| Name of College | Average Course Fee |
|---|---|
| IIM Ahmedabad | INR 25,00,000 |
| IIM Lucknow | INR 21,40,000 |
| Symbiosis Pune | INR 2,10,000 |
| IIM Calcutta | INR 27,00,000 |
| ISB Hyderabad | INR 37,00,000 |
| Amity University, Noida | INR 6,20,000 |
| IIBMS Mumbai | INR 40,800 |
| NMIMS Mumbai | INR 4,70,000 |
| DTU Delhi | INR 2,30,000 |
| FMS New Delhi | INR 95,000 |
Executive MBA Subjects
| Operations Management | Managerial economics |
| Strategic Management | International Business |
| Marketing Management | Human Resource Management |
| Events Management | Corporate Communication |
| Accounting and Finance for Managers | Executive Communication |
Executive MBA Salary
| Jobs | Average Annual Salary |
|---|---|
| Quality Control Manager | INR 6 to 8 lakhs |
| Customer Support Executive | INR 2 to 6 lakhs |
| Communications Manager | INR 7 to 8 lakhs |
| Brand Executive | INR 6 to 8 lakhs |
| Marketing and Sales Executive | INR 3 to 5 lakhs |
Executive MBA Top Recruiters
| Flipkart | Micromax |
| TATA | TCS |
| Airtel | Accenture |
| Infosys | IBM |
MBA for Executives
Working professionals aspiring for a constant upgradation or increment in their financial status can opt for MBA for Executives program. This MBA program helps professionals to achieve new goals, knowledge, and skills. For those working professionals, such as managers, executives, these courses are designed to provide a variety of options through which they are comfortable according to their working schedule and time management and can simultaneously complete the course.
Duration: Duration can be from 12months to 30 months depending on the category of course.
MBA for Executives Course Categories
- One year or Two year MBA course: For management professionals who have a potential for managerial capacity. This is the part-time mode.
- Correspondence Course: Can be pursued while working. IGNOU offers this course.
- Online MBA Course: XLRI offers a 12 months consolidated program in Business Management.
Eligibility Criteria
The eligibility criteria for MBA for Executives mostly depends on the institution and the type of course. The basic eligibility criteria are mentioned below.
- Some institutions conduct their personal selection procedure that includes: Graduation marks, Work Experience, Ability Test, Group Discussion, and Personal interview.
- Candidates must have completed graduation with at least 50% marks or some Diploma course or equivalent to that from a recognized Institution.
- The score obtained in CAT/XAT/GMAT.
- Work experience as mentioned by the institute opted for (minimum of 5 years).
MBA for Executives Top Colleges
| Institution | Course Type | Duration | Fees |
|---|---|---|---|
| Indian School of Business Management and Administration, Delhi | Part-time | 2 years | INR 35,900 |
| XLRI Jamshedpur | Part-Time | 2 years | INR 10.72 lakhs |
| Department of Management Studies- IIT, Delhi | Part-Time | 3 years | INR 4 lakhs |
| Institute of Management Technology, Hyderabad | Part-Time | 1 year | INR 6 lakhs |
| ICFAI Business School, Hyderabad | Part-time | 21 months | INR 5.25 lakhs |
| S P Jain School of Global Management, Mumbai | Part-Time or Online | 18 months | INR 15.74 lakhs |
| Institute of Public Enterprise, Shamirpet, Hyderabad | Part-Time | 3 Years | INR 68,000 |
| Indian Institute of Business Management and Studies (IIBMS), Pune | Correspondence | 2 years | INR 7.2 Lakhs |
| Symbiosis Centre for Information Technology, Pune | Part-time | 30 months | INR 6.1 lakhs |
| School of Business Management-NMIMS University, Mumbai | Part-Time | 15 months | INR 4.75 lakhs |
| Vishwa Vishwani Institute of Systems and Management, Hyderabad | Part-time | 2 years | INR 3.8 Lakhs |
| SIES College of Management Studies, Mumbai | Part-Time | 2 years | INR 4.5 Lakhs |
| NIIT Imperia Centre for Advanced Learning, Ahmedabad | Part-time | 1 year | INR 3.2 lakhs |
| Delhi Degree College, Badarpur | Part-time | 1 year | INR 19,000 |
MBA for Executives Skills
| Personal Health and well- being | Mindfulness and managing stress |
| Emotional intelligent | Building grit( resilience) |
| Time management | Adaptive leadership |
| Advanced Excel in Business | Organizational Behavior |
| Business Law | Corporate Finance |
MBA for Executives: Average Placement Package
| Institution | Package |
|---|---|
| Indian Institute of Management | INR 24 to 30 lakhs |
| XLRI, SPJIMR | INR 17 to 18 lakhs |
| ISB | INR 22.15 lakhs |
MBA for Executives Salary
| Jobs | Minimum Annual Salary | Maximum Annual Salary |
|---|---|---|
| Project Manager | INR 1.60 lakhs | INR 8.5 lakhs |
| Senior Financial Consultant | INR 6 to 7 Lakhs | INR 11 to 20 Lakhs |
| Business Development Manager | INR 5 lakhs | INR 16 to 21 Lakhs |
| Marketing Manager | INR 6 to 8 Lakhs | INR 10 to 25 Lakhs |
| Entrepreneurship | INR 5 to 7 lakhs | INR 11 to 12 lakhs |
MBA For Executives Top Recruiters
| Cognizant | TCS |
| Vodafone | IBM |
| HSBC | Vedanta |
| Wipro | Ultra Tech Cement |
| HCL | ITC Limited |
| Infosys | Trident Group |
Executive MBA vs MBA for Executives: FAQs
Ques: Which type, of course, is better?
Ans: It completely depends on the individual how he/she can manage their everyday routine related to professional and academic commitments.
Ques: What is the salary difference between EMBA and MBA for Executives?
Ans: The salary varies from the individual and their schools. However, the average salary for both the courses ranges from INR 10 Lakhs to INR 25 Lakhs. However, an EMBA graduate can also obtain a higher salary depending upon their interviews.
Ques: Which course is better out of the online and offline mode of MBA?
Ans: Although an Offline MBA is always preferred over Online MBA it basically depends on the time management of the candidate. Regular MBA gives a better understanding of all the interactive sessions and better explorations on teamwork.
Ques: What is the basic objective of an MBA course?
Ans: Basic objectives for any specialized MBA course are: leadership skills, communication, personality development, work ethics, managerial skills, management capacity, etc.
Ques: Who is a Brand Executive?
Ans: Brand Executive is the person who performs research on the competition level in the market, between developing campaigns and marketing strategies.
Ques: What is the future educational perspective after an Executive MBA?
Ans: After doing an Executive MBA, the candidate can go for higher studies as for M.Phil and Doctorate as it is a postgraduate course.
Ques: How MBA for Executives is helpful?
Ans: MBA for Executives is helpful as the individual gets a better opportunity to practice all the theoretical knowledge in their everyday work and apply that understanding in their everyday challenges.
Ques: How regular MBA is different from Executive MBA?
Ans: MBA is a 2 years’ post-graduation course for any candidate who has a graduation degree from any stream with no working experience but Executive MBA is a 1-year post-graduation course which is opted by those who have working experience and want to enhance their management skills through a regular course.
Ques: In what field a person can get after doing EMBA?
Ans: After doing EMBA, the person is eligible to get a job in marketing, finance, accounting, and healthcare same as for MBA students.
Ques: What is the job role of a Product Executive?
Ans: Product Executive is the person who deals with the strategies to define, launch, and develop a product within a company for earning maximum profit.
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