With an experince of 7 years in IT as a Developer and 25 LPA CTC, is it worth to persue executive MBA from indian B-school with respect to ROI and duration? which B-school in india should i target?

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AJ
Advait Joshi Posted On - May 24, 2023
Lives in Mumbai, Maharashtra, India

One-year MBA (Executive) programs in India such as at IIMs or ISB have a number of graduates each year who move functions or industries each year. For instance, the ISB 2020 batch witnessed 65% of students shifting both industry and function. Many students enter with similar salary brackets and come out with a 50–100% hike. 

Executive MBAs are quite competitive and enjoy international recognition and ranking. Their increasing demand stems from the fact that they offer better ROI and are a quick way to the corporate world. In India, a one-year MBA program is most suitable for those with a work experience of more than 5 years who handled the management profile.

Another major point to consider is that your decision of going for an MBA for an industry or role change shouldn’t depend upon the current salary but on the experience you have. This is because during the placement drives of top B-schools like IIMs, the number of jobs requiring 8+ years is comparatively lower than other experience ranges. So there are more opportunities to grow in the same domain or shift industries but continue within the same domain. But if you have experience of around 5 years, then it would be easier to change roles/domains since the firms would expect a fast learning attitude from you.

Here are a few B-Schools you might consider for Executive MBA in India

Institute

Fees

Salary

IIM Ahmedabad 

INR 731.50 Lakh

INR 36.26 Lakh

IIM Calcutta 

INR 31.00 Lakh

INR 30.41 Lakh

FMS Delhi 

INR 2.00 Lakh

INR 30 LPA 

IIM Indore

INR 22.12 Lakh

INR 23.60 Lakh

IM Kozhikode

INR 3.5 Lakh

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On a final note, I would like to comment that “Investment in Education always ends up giving the best returns in the long run.”

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