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Why it is continuously hard for IIM A, B, C, XLRI to compete with ISB in executive program in spite of it being just 15 years old?

RC
Rashika Chowdhary Posted On : June 2nd, 2021
studied at IESE Business School (2018)

One of my friends at ISB claims that the main reason for ISB Hyderabad to hold the top position in the executive program over the years. It is its core competency rather than just competing with institutes like IIMs and XLRI, who lead in the 2-year MBA and PGDM programs. 

The points below provide a brief overview of the success story of ISB Hyderabad.

  • ISB Hyderabad has been developing with a work experience of above two years at least. 
  • Due to the shorter time span of the executive program, it is more popular and in demand. 
  • In the traditional MBA program, the curriculum is an extension to the undergraduate program, emphasizing mostly classroom learning. 
  • ISB Hyderabad has somewhat established a cheaper alternative to the so-called American MBA system. 
  • There are collaborations with companies like Kellogg’s, which helped in fulfilling the demand for a world-class MBA degree.
  • They have a lot of contribution in its breaking into the Indian executive MBA program market. 
  • It has resulted in a program that is half-priced as the American MBA programs. 
  • The program in ISB is just 11 months, as opposed to the 24 months MBA program from other institutes.
  • For fresh graduates, IIMs are always the first priority, which offers a standard 2-years MBA degree. The core competency of IIMs is to train the less experienced students. But, in the last few years, IIMs are getting into the executive programs in MBA, but those are treated under the non-core segment.

Although ISB charges twice as much as IIMs at present times, it has been the first choice for working professionals for the reasons stated above. The core competency of ISB discussed above makes it the clear winner in executive education, which the IIMs and XLRI cannot defeat.

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Is Talentedge a good way to take up certificate courses equivalent to an executive MBA from IIM Raipur and XLRI?

SM
Saksham Malhotra Posted On : February 7th, 2023
Design Research Intern at Indian Institute of Technology, Bombay (IITB) (2018–present)

The Talentedge platform, created by some of the finest institutions in the country, is an excellent resource for gaining knowledge in the real world through online courses for working executives. To the best of my knowledge, there are both short-term and long-term courses meticulously designed for the executive level in various domains of business acumen.

However, from my observations, most of the programs are from interdisciplinary domains and focus on current business evolutions in order to keep up with the rapidly changing world.

If you are interested in pursuing online certification courses in management and business domains, it would be highly recommended to consider two important platforms: Edx, particularly IIMBx which offers a very synergistic, creative, and practical approach to real-world insights, and SIBM Pune Online Courses. Both of these platforms have a reputation for providing high-quality education and are well-suited for working professionals looking to advance their careers.

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Having a 3.5 year experience in EPC Project Management, should one join IIM Nagpur/Vizag or should wait for a year, and go for an Executive MBA?

BA
Boga Akhil Posted On : January 17th, 2023
MBA from Indian Institute of Management Kozhikode (Graduated 2019)

Before dwelling on the details and explanations, let me give you a simple answer. 

  • You should go for a 2-year MBA program if you are open to switching domains in the future. One of my friends was in a similar situation with around 4 years of experience in EPC Project Management. After great anticipation, she decided to go for IIM. Visakhapatnam which is a relatively new IIM. But it happened to be one of the best decisions of her life. She realized her inclination toward Finance and ended up with a role in the financial planning department of her company. She says that the MBA program changed her perspective and broadened her career spectrum which would not have been possible if she had taken an Executive program.
  • You can go for the Executive program if you want to upscale your career prospects in the same field. Or you want a certificate that can get you a better job at a better company. This is a viable option if you are not open to switching domains and want to stick with your current field.

Now that I have talked about both scenarios let’s clear some misconceptions about the new IIMs. Frankly, they are not yet anywhere near the older IIMs but that does not change the fact that they have been developing at a speeding rate and are bound to do more so in the future. Through various interactions with the alumni, I have inferred that they were glad they joined the new IIM which provided world-class facilities and a breath of fresh air.

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Will CA firm work experience count for MBA Executive to fullfill the requirement of 5yr work experience?

MS
Mayank Sharma Posted On : March 22nd, 2023
Studied at FMS Delhi

The eligibility criteria for MBA Executive program at FMS Delhi is as follows

must have pursued at least a three-year Bachelor‘s Degree program after twelve years of formal schooling having secured minimum 45% aggregate marks or equivalent grades in any of the disciplines such as Arts, Commerce, Social Sciences, Law, Sciences, Mathematics/ Statistics, Medicine, Engineering or Technology.

Additionally, she/ he should have at least five years of experience as an executive or an administrator in a commercial/government establishment/registered organization after passing the Bachelor‘s degree examination.

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Is a part time executive MBA of NMIMS Bangalore any good for work experience of 3+ years?

AB
Ayan Basu Posted On : May 2nd, 2023
Studied at Indian Institute of Foreign Trade, Delhi (2019)

Yes. It is a weekend-based, two-year program. The curriculum emphasizes finance, marketing, operations, HR, and information systems. The program offers specialization in banking, finance, and insurance; human resource management; marketing management; and operations and supply chain management. The eligibility for the program requires a bachelor's degree with at least 50% from a recognized university and 2 years of work experience. Interviews and written tests are part of the selection process.

Working professionals who seek an MBA without quitting their employment may benefit from NMIMS Bangalore's Part-time MBA program. MPE is excellent for persons with 3+ years of job experience. The faculty is top-notch. Industry-proof and modern. The batch variability makes the program appealing. NMIMS Bangalore's MPE batch setup and weekend classes make it convenient for working executives.

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What is the average salary package for an executive MBA in global management from IIM Calcutta?

PM
Praveen Maxter Posted On : December 16th, 2022
Studied at Indian Institute of Technology, Delhi (Graduated 2017)

For a professional who has undertaken IIMs' Executive MBA, their salary varies from about INR 18 lakh per annum reaching up to even INR 90 Lakh per annum or more. However, this answer is definite. To determine the average salary package, however, let’s generalize the question. Salary varies from batch to batch. Also, campus salaries are higher than applying on your own. To analyze salaries, you need to break them up into segments. In the 3 to 4-year segment, the average could be around 15 to 18 lakhs. In the 5 to 8, it would go from 15 to 30 and above 8 years it's specific to your experience and fit. All figures I have quoted are CTC.

So an average salary analysis will not help.

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How is the PGDM - Executive 1-year full-time MBA programme at IMT-Ghaziabad, especially in terms of placements?

SG
Shubham Gupta Posted On : February 16th, 2023
Studied Information Management at the Institute of Management Technology, Ghaziabad (Graduated 2019)

As a prospective MBA student, it's important to consider the infrastructure and resources that an institution can provide to help you become industry ready. IMT Ghaziabad offers a unique program that includes a variety of features to support your development.

The Executive MBA program at IMT Ghaziabad boasts highly qualified professors, industry speakers, guest lectures, case-based learning, and pedagogy that aligns with the top MBA programs worldwide.

Peer-to-peer learning is also a key feature of the Executive program. The diverse batch strength, composed of professionals from various industries, provides a rich learning experience in class.

One of the highlights of the program is the international immersion term, where students have the opportunity to visit a leading business school in another country. For example, your batch may have the chance to visit France (Marseille) and gain exposure to international business settings. This can be a valuable and enriching experience

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What is the cost for an executive MBA in Great Lakes, Chennai?

GM
Gaurav Mukharjee Posted On : August 7th, 2023
Great Lakes Institute of Management

Great Lakes Institute of Management is renowned for its academic structure and facilities. 

The table given below shows the fee structure for an Executive MBA in the Great Lakes.

Academics

Fees (INR)

Tuition and Academic Fee

900000

Program Fee

510000

Accommodation Charges

570000

Caution Deposit

1000

Alumni Subscription

5000

Total

1995000

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How is the placement for the Executive MBA program offered by XIMB?

PP
Pratik Parikh Posted On : June 6th, 2023
Lives in Bangalore

Although it is student-driven and the college placement committee supports it as needed, XIMB currently doesn't offer placement for the executive batch because most of the students coming there are on sabbatical. However, there have been discussions that indicate that if the majority chooses to pursue placements rather than taking sabbaticals, the college will begin offering them in the upcoming years.

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I would like to know the career prospects after completing the PGPBM program from IIM Trichy (Chennai campus) or similar courses other than the regular PGP course from IIMs like the EPGP, etc.?

AM
Aija Manoj Posted On : January 13th, 2023
PGDM from Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (Graduated 2018)

The one-year MBA programs are full-time residential courses offered by various IIMs. These programs have a lot of credibilities. Some major shifts you will experience after completing this program are

  • Your Management skills will have been upgraded
  • You will be offered better placement opportunities ranging from mid to senior sector roles depending on your profile and past experience
  • You will receive high package offers

The admission process is quite a task with great competition. Even after you join, you will be facing industry experts and talented people thereby increasing the competition.

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