ISB Hyderabad is certainly a better choice than IIM Ahmedabad for a 1 year MBA executive. It has better faculty, an international student profile, an amazing campus, and more than 800 students in a single batch. The admission process is also simpler than IIM Ahmedabad. ISB Hyderabad has a much more diverse crowd than IIM Ahmedabad which usually comprises CS-related people.
PGP-X at IIMA is its flagship program whereas the one-year program in ISB is their main program so it carries more value and more focus is given to that program.
IIM Ahmedabad too has its own perks one of them being its rich legacy of 50+ years and an excellent alumni enterprise spread across the globe. Also, since the batch is smaller the competition is less so the placement opportunities are more. Recruiters coming to hire PGP students also roll out lateral offers for PGP-X students.
Ultimately, choose the one that aligns with your personal preferences and future goals.
It depends on how many years of experience you have. If you have less than 3 years of experience, then IIM Ahmedabad PGP will be better. Each year IIM Ahmedabad placements witness good entry-level jobs across the industry. You will get many choices.
If you have more than 3 years of work experience, ISB will be better. ISB Hyderabad placement sees middle management and top management roles. The salary packages are better as well.
Choosing which is the better college among the others can be a daunting task if you don’t have certain parameters to decide upon. Not one or two, too many MBA aspirants get confused in choosing among these two colleges. There are certain prerequisites that can help you choose which one is better than the other.
Ranking: [Winning Institute - IIM, Ahmedabad]
Indian Institute of Management, Ahmedabad stands out at the top among all B-Schools in most of the rankings. IIM, Ahmedabad is ranked #1 in NIRF 2020 ranking among all the management colleges in India. It is also the top IIM.
Fees: [Winning Institute - IIM, Ahmedabad]
The program fees for PGPX 2021-22 at IIM- Ahmedabad is INR 28 LPA while for the same program, the fees at ISB-Hyderabad is 39 LPA. Clearly, pursuing an executive MBA at IIM Ahmedabad will be more pocket friendly.
Number of Seats: (ISB Hyderabad > IIM Ahmedabad)
This is an important factor to be considered before you even think to apply for the PGPX program at IIM Ahmedabad.
Admission Criteria:
Apart from the parameters mentioned above, ISB, Hyderabad has become one of the top priorities among MBA aspirants. With the ISB Young Leaders Program and Early Entry Option, the institute offers opportunities to apply to the programs at an early stage.
The institute that you choose for an executive MBA program must fulfill your requirements. Therefore, set your own parameters and then decide.
Both ISB Hyderabad and IIM Ahmedabad offer decent executive MBA programs.
ISB Hyderabad
The Indian School of Business or ISB Hyderabad has ranked 7th all over the world by Forbes’s recent rankings. It offers a 15 month global Executive MBA program for senior executives and business owners. The program fee is INR 39,63,000 for the year 2021-22.
The requirements for the eligible candidates are - a Bachelor's degree or equivalent and a mandatory 10 year or more full-time work experience. ISB has collaborations with London Business School, MIT, and The Fletcher School. The institute offers a structured learning experience. The teaching methodology includes classroom lectures, peer learning, group work, and case study analysis.
In 2019 placement drive students received 1309 job offers. Among them were 24 international offers. Students learn about recruiting companies of national and international level, through on-campus training and presentation. The recruiting companies are McKinsey & Company, Deloitte, Citi, Google India, Accenture, Adani Group, Hindustan Unilever, Honeywell India, Barclay’s, JP Morgan, etc. The average salary package was 24.35 lakhs per annum. The most placement offers were from Consulting, IT, and E-Commerce.
IIM Ahmedabad
Indian Institute of Management, Ahmedabad is ranked 1st among the management institutes of India by NIRF. The Post Graduate Program in Management for Executives (MBA-PGPX) is a one-year full-time, residential program.
The eligibility criteria for applying are-
The GMAT cutoff required is around 700 and the selection to the PGPX program is based on the performance of the candidate in the personal interview conducted by the institute.
The institute has collaborations with The Chinese University of Hong Kong, Warwick Business School, ESCP Europe, Paris Campus, Peking University, and ESADE Business School.
In 2019, IIM Allahabad received 182 placement offers and a total of 153 recruiters visited the campus for the placement drive. The top recurring companies were McKinsey & Company, Boston Consulting Group, MasterCard, Avendus, JP Morgan, AB InBev, Airtel, CK Birla, and TCS. The average CTC offered was 25.83 LPA and the highest CTC was 70 LPA.
Between ISB Hyderabad and IIM Ahmedabad, the latter will be a better choice for a 1-year executive MBA. Because of its popularity among the professionals, course curriculum, placement program, ROI, etc.