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Executive MBA (EMBA) Career Prospects, Job Opportunities, Salary and Placements

MBA has become a sought after option for all the graduates and around 4.6 lakh students enroll for the MBA program. There are various types of MBA and among them, an Executive MBA has become the first choice for working professionals in order to enhance their skill set. It prepares functional managers for general management roles and equips them with essential management disciplines.  The highest salary offered to executive graduates of top institutes goes up to INR 90 lakh per annum. Salary being a major factor has attracted a number of applicants as the return on investment is high.

comparison between fees and salary
Executive MBA: Benefits

Executive MBA: Benefits

Apart from giving a considerate hike in pay scale, Executive MBA has some more benefits mentioned below: 

1. Learn New Skills

Some people are very enthusiastic about adding new skills to their profile. After several years of work experience, people do get a vast array of skills and attributes next to their name but still, they want to learn new things.

Some of the skills you’ll acquire after Executive MBA are:

  • Critical thinking, Strategic thinking, and analytical reasoning.
  • Management techniques to move towards increased responsibilities. 
  • Team Building skills

2. Career Development

Executive MBA enables in changing the vision of the business and, through the mastering of strategic corporate issues, to develop their capacity for entrepreneurship. This helps you in enhancing your career and moreover this course can be pursued while working.

3. Immediate reward for you and your employer 

Immediate return for you and your employer is the key difference between a full-time MBA and Executive MBA. Around 54% of the executive MBA candidates get increased job responsibilities and 39% are awarded promotions. All the skills and knowledge gathered through this can be easily implemented and used in solving all the business problems. The nature of the EMBA, which enables you to work and study at the same time, is incredibly relevant, particularly in tough economic times. 
Some of the companies which offer an opportunity to do EMBA are Apple, Deloitte, Bank of America Corp, Ford, etc.

4. MBA Networking 

Network building is considered to be the most valuable outcome of an Executive MBA. Unique group of people converges with the potential to form life-long bonds. 

One other major reason behind going for Executive MBA is the fees is sponsored by the employer many a time. 
According to the EMBA Council report, 20% of executive MBA students have their tuition fully paid for by their employers. Whereas 34% of the executive MBA students get some portion of their fees from their employers. The remaining 46% of students take the help of a bank or pay on their own. 59% of the EMBA programs have scholarships and fellowships to offer.  

Fees

Executive MBA: Placement Record

Executive MBA: Placement Record

The Return on investment is high in Executive MBA as within an approximate period of 17 months you can get the return of money you have invested and in order to understand this better go through the placement record of the IIMs for Batch (2017-18).

Institute Batch Size Average Work Experience Fees ( INR Lakhs) Average Placement (INR Lakhs)
IIM Ahmedabad - PGPX 140 8.9 Years 25,00,000 30,35,708
IIM Bangalore - EPGP 80 7.5 Years 25,89,000 23,46,000
IIM Calcutta - MBAEx 70 8 Years 27,00,000 24,52,000
IIM Indore - EPGP 66 7.9 Years 20,00,000 20,00,000
IIM Lucknow - IPMX 61 8.4 Years 23,50,000 -

At IIM Calcutta, the highest salary saw an increase of 192.14% whereas the average salary increased by 21.87% as compared to last year. IIM Indore saw a near increase of around 45% in the salary. 

Other Institutes like SPJain are also not far behind, SPJain witnessed 100% placement in the year 2017-18.

Placements are carried out both ways i.e. on-campus and off-campus. 

Placement
Executive MBA: Placement Statistics

Executive MBA: Placement Statistics

Some students continue with their previous job and some go for switching their jobs. It all depends on the opportunities and skillset. The table below describes the placement statistics for batch (2017-18) in detail. 

- IIMA – PGPX IIMB – EPGP IIMC – PGPeX
No of students graduated in 2018 115 73 68
No. of students who got placements through the institute 98 69 66
No. of students who continued with their previous employer 1 3 2
On-campus Placements  94 65 53
Off-campus Placements 12 4 6
No of students who opted out of campus placement process 12 1 2
No. of international offers 5 1 0
Mean salary – INR (domestic) 28,84,111 23,46,000 24,52,000
Highest domestic salary 54,60,000 - 89,25,000
Mean international salary – (USD) 67,261 - -
Highest international salary (USD) 70,252 - -

There has been an increase in the number of recruiters as well as the annual salary as compared to the previous year. The number of recruiters at IIM Calcutta has jumped over 80%-- to 78 from 43 in the last year. 

Executive MBA: IIM Placements

Executive MBA: IIM Placements

Some of the prominent recruiters are Amazon, Accenture, Microsoft, Axis Bank, etc. They offer various senior-level roles to the students who have completed their executive MBA. 
Below we have described the name of various recruiters as well as job roles offered by them at IIMs:

1. IIMA PGPX Placements

  • Average Work Experience:  5-22 years
  • Job Roles: Vice President, Senior Manager, Principal Product Manager.
  • Recruiters: Accenture and Persistent Systems made maximum offers. Adidas AG, Airtel, Microsoft were some other companies.
  • No. of Offers: 38 IT offers, 12 Logistics, 11 energy sector

2. IIMB EPGP Placements

  • Recruiters: Accenture, Amazon, Ford, Microsoft, Axis Bank, etc.
  • Average Work Experience: 6-9 years

3. IIMC PGPeX Placements

  • Average Work Experience: 8 years.?
  • Recruiters: 78 companies participated, Accenture, Ford, Tata Steel, Flipkart and Axis Bank are some prominent recruiters.
  • No. of Offers: 57 offers received and among them, 53 were accepted.

4. IIM Lucknow IPMX Placements

  • Average Work Experience: More than 5 years
  • Recruiters: Amazon, Citi, ICICI Bank, Zee News, Microsoft, Snapdeal, etc.
FAQs

Following are some of the common questions related to Executive MBA:

Q: Is an Executive MBA better than switching jobs for a salary hike?
If you are looking for a switching job for a higher salary package then you can also go for executive MBA as this may give you a better hike. Around 54% of the executive MBA candidates get increased job responsibilities and 39% are awarded promotions. The average salary of an Executive MBA ranges from 9 to 15 lakhs. 

Q: Is Executive MBA a good choice for switching careers?
EMBA can offer you high paying opportunities not only in India but also in the world. The 2017-18  batch of IIMA PGPX got 5 international offers. For switching careers, EMBA is definitely a good option because it lets you acquire a degree without having to compromise with your job. You can pursue it while working. 

Q: What are the post-EMBA career prospects or which industry should we go for?
If you are thinking about the post-EMBA career prospects, then you should consider the industry you are currently working on or the industry you are looking forward to work in. EMBA holders in IT and Health professions get a chance to update their industry knowledge in specializations that offer cutting edge approaches to their respective evolving landscapes. The 2017-18 batch of IIM-A PGPX got 38 IT, 12 Logistics and 11 energy sector offers. IT takes a larger role in every facet of society, investing in your education in these fields are beneficial for your career. 

Q: Is Executive MBA beneficial for a candidate looking forward to starting his own entrepreneurial Avenue?
Executive MBA majorly helps in network building and this is a key factor in starting a new avenue. Pursuing an Executive MBA helps you enhance your background so that you can make the right contacts in the right circles. It helps you in the future when you wish to take your career to the next level. Among the top MBA programs for entrepreneurship, consistently around 20% of students launch a startup soon after graduating. An Executive MBA is also an overall advancement in the career which aids in starting a business.

Q: Which IIM should be considered for pursuing an Executive MBA?
Whether it is IIM Calcutta or IIM Ahmedabad or IIM Kozhikode, all of them assures the best training, management skills and course designs that will be beneficial for you. 

  • IIM Calcutta's One Year Residential Program for Executives gives mid-career professionals the ideal platform to augment their existing skillsets and equip themselves for senior and top management roles in the industry. Here, the course details of the program are broadcasted over satellite so that working professionals who cannot attend regular classes at the campus owing to pressure at work can follow the course. Besides, training services are also arranged for students over the satellite so that they do not miss anything important if not attending classes.
  • The IIM Ahmedabad PGPX is a one year- full time -residential - program for executives with substantial work experience. 
  • The full-time IIM Bangalore Executive Post Graduate Programme (EPGP) is an intensive one-year residential program created specifically for professionals with remarkable track records and 4 to 15 years of work experience in a wide range of industries.

Executive Master of Business Administration [EMBA] : 46 answered questions

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Ques. Is the PGPMX offered by IIM Indore equivalent to PGPX offered by IIM A or the PGP offered by ISB?

● Top Answer By Girish Singh on 01 Feb 24

Ans. All these courses have been designed for people with a rich work experience. All the three are 1 year management courses.  Irrespective of which one you pick, you’ll have to work equally hard to establish a position in the industry. The better your college, the more will be expected of you. In the long run, your work will speak for itself.  All the three options are good and equally beneficial, you can choose either of them.Read more
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Ques. Which executive MBA course is better between IIM Indore's EPGP and IIM Lucknow's IPMX?

● Top Answer By Siddarth Mukharjee on 05 May 22

Ans. Compared to IIM Lucknow’s IPMX, IIM Indore’s EPGP will be a better option.  Small Cohort Size:  IIM Indore has a small cohort size. So, the professor-to-student ratio is higher.  Location:  IIM Indore IPMX program takes place on the Noida campus. The environment on campus is ideal for studies and it also has the advantage of being close to the industries in the Delhi NCR region.  Placement: IIM Indore Executive MBA placements 2022 had witnessed an all-time high average placement package. The average CTC for the top 25% of the EPGP students was INR 35.5 LPA. While the top 50% of students received an average CTC of INR 30.6 LPA.  Batch Size:  IIM Indore 2021 EPGP batch had 68 students. Students had work experiences in the range of 5-15 years. The students crowd is diverse and there is huge potential for peer learning.  Due to these factors, EPGP from IIM Indore will be a better option. Read more
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Ques. Is FMS Delhi a good option for a MBA executive program?

● Top Answer By Shikha Thakur on 28 Dec 22

Ans. Yes, pursuing an MBA Executive from FMS Delhi is indeed a very good decision. This is because my brother was in the recent batch and according to him these are the reasons that make it a good choice ROI: The fees charged at this B School are very less in comparison to other B schools. Rigor: The MBA Executive Program is quite rigorous with classes 6 days a week. Regular exams, sessionals, projects, and assignments make it a bit frustrating but in the end, they help you in clearing semesters. Faculty: The faculty for this program is very experienced and knowledgeable.  Mixed batch: The diverse profiles of your peers make it a more challenging and thrilling experience. The batch has doctors, engineers, CAs, Armed forces officers, PSU employees, and IT professionals. Duration: 2 years Degree: An MBA degree from Delhi University is worth it in the end.  Read more
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Ques. How will the IMT Ghaziabad & UpGrad PGPM program in sales and digital marketing help me in my career?

● Top Answer By Radhika Srivastava on 16 Feb 23

Ans. UpGrad in association with IMT Ghaziabad has come up with a Post Graduate Program in Management with an additional specialization in Digital Marketing that imparts the latest knowledge of the industry. It can help sales and marketing professionals in many ways. As a marketer, you will not only gain valuable insights that contribute to organizational growth, but you will also receive expert guidance on how to improve your personal brand. You can leverage this improved personal brand to secure a better job outside or even a promotion within your current organization. This course is designed in such a way that busy professionals can also do it online from anywhere in the world. Unlike other online courses available on the internet, this course is based on the latest case studies and industry know-how across sectors and disciplines. The online course material is presented by the expert faculty of IMT Ghaziabad, and the projects are quite challenging. Those who successfully complete this course will have the opportunity to apply as an IMT Ghaziabad alumni, which can further help in jump-starting your career.Read more
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Ques. How good is the EPGP course at IIM, Bangalore?

● Top Answer By Snigdha Roy on 29 Jul 21

Ans. The EPGP programoffered by IIM Bangalore was developed for a different audience. It is for students who want to apply directly for leadership roles in the industry. Also, sponsored candidates can also prefer the program. Well academically, it is also as demanding as PGP, with more detailed casework and discussions. There are exams and quizzes each month and the placement is rigorous for mid-level roles in the industry. The program leaves the studying to you so it's on you to build a takeaway for yourself. It is at par with 1-year full-time MBA programs in India, such as ISB, IIMA PGPX, and IIMC PGPEX. This is a short brief on the EPGP program of IIM Bangalore. Hope it gives you some clarity about the program.Read more
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Ques. How is IIM Bangalore PGPEM different from EPGP or PGP program? What are the global rankings and accreditations for these programs?

● Top Answer By Priyanka Joshi on 31 Jul 21

Ans. At IIMB, the EPGP program is a full-time MBA program that is accredited by EQUIS and AACSB and it is even ranked at 33 in the Global MBA ranking list. PGP is a full-time 2-year program ranked in the top 20 programs in the World in the Master in Management category. You will find the PGPEM program is quite an executive correspondence course ranked among the top 100 in the executive education category. Only the EPGP and the PGP offer you placement at senior and junior positions respectively. Here I'm briefly mentioning the Major Highlights of IIM Bangalore. Parameters IIM Bangalore Tuition Fee INR 23 LPA Placement Average 100% Average Package INR 13.74 LPA Hope this answered your question.Read more
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Ques. What is the pattern of the written ability test (WAT) taken by FMS - Delhi for an MBA (executive program)?

● Top Answer By Vikas Vatsa on 30 Dec 22

Ans. The eligible students are selected for the Executive MBA programs based on the following parameters Written Test Duration: 1-hour Total Questions: 70 questions  Total Marks: 35 marks Level of difficulty: Medium to High Questions are usually related to General Knowledge, Business Knowledge (Current affairs from Business news), Maths, English and Logical Ability. The main topics covered are  Quant (15 questions) This section comprises questions based on speed, distance, relative speed, trigonometry, geometry, and simple equations. work to man hours effort LR This section has a conclusion-based, inference, and chooses the best answer out of all. English This is the easiest section with just correcting grammatical sentences. General Awareness This is the most challenging section and needs proper prior preparation.Read more
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Ques. How good is the PGPEx program at IIM Shillong?

● Top Answer By Harleen Sethi on 27 Jan 23

Ans. There is often a misunderstanding about placements at IIMs after course completion. It is important to understand that placements are entirely student-driven and depend on the individual's efforts and abilities. Many PGPEX programs at IIMs have a significant number of students from IT services, and these students may not be as diversified or knowledgeable about other industry segments. This can create a gap between the companies and the students and may result in a lower placement rate for some students.  Unfortunately, many students who enroll in PGPEX programs do so based on their academic profiles or high scores on entrance exams, rather than their knowledge or experience in other industries. As a result, students who come from non-IT backgrounds may be more successful in securing placements due to their diverse understanding of general management. This is a common issue at all IIMs, and even IIM-L and IIM-I are taking steps to reduce these risks.Read more
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Ques. Is MDI GURGAON a good option for an MBA executive program?

● Top Answer By Sagardeep on 07 Mar 23

Ans. MDI Gurgaon is a great choice for an executive MBA program and is at par with other top-tier schools like IIM A, B, C, L, IIFT, FMS, XLRI, and IIT Delhi DMS. The 3-year executive MBA program for working professionals is extremely good, with the same course and faculty as that of the full-time one-year executive MBA and two-year full-time residential MBA program. It's an excellent institute and is even better than some of the newer IIMs. However, it's important to note that the fees for the 3-year executive MBA program at MDI Gurgaon have increased enormously over the last few years and are almost 10 lakhs. If you're looking for other options, IIM Lucknow's Noida campus also offers a similar 3-year executive MBA program with fees of Rs 10 lakhs, and classes are held on weekends and weekdays. IIFT Delhi is another option that offers a similar 3-year executive MBA program with fees of Rs 6.5 lakhs and classes on weekends. IIT Delhi also offers a similar 3-year executive MBA program with fees of Rs 4.10 lakhs, with classes on weekdays. FMS Executive MBA has fees of Rs 1 lakh only. It's important to choose your education loan wisely, especially when considering the high fees for some of these programs. Make sure to do your research and compare the options before making a decision.Read more
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Ques. How is the new IPMX program of IIM Lucknow?

● Top Answer By Kaushani Dutta on 24 Aug 20

Ans. IPMX is the flagship program of the IIM Lucknow Noida campus. It is a one-year residential program designed for mid/senior-level professionals and aims to help them prepare them for leadership roles. Admission: The prerequisite for this program is a bachelor’s degree in any discipline with a minimum of 50% aggregate marks and at least 5 years of full-time managerial experience. Candidates are shortlisted for admission based on their GMAT score. The final selection of the program is done through a written ability test and personal interview conducted by the institute. The course fee of IPMAX for the academic year 2020-21 is INR 23,50,000. Infrastructure: The Noida campus has excellent faculty and good infrastructure. With a diverse pool of students, the IIML IPMX program provides an excellent peer-learning process. The IPMAX program currently has an alumni base of over 500. Placement: In 2019, IPMAX students witnessed almost 100% placement. The average CTC was around 20 LPA and the median CTC was 18 LPA.Read more
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