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How is IIM Kozhikode for an Executive MBA for someone with 10 years of work experience? Is the time duration and investment worth it?
Before doing an MBA or an executive MBA from any institute, you should be clear of the purpose of doing this at this stage.
- Before taking any decision, take a look at the placements. If the average salary of the college is below or similar to what you are getting currently, then it is not worth it to pursue MBA.
- IIM Kozhikode has an average salary of INR 15 LPA and you are earning the same then there is no point in investing 1 year and 20 lakhs on this course.
- If you are planning to switch your domain from Marketing to IT, then it will be pretty difficult after such a long experience in one particular domain.
- IIM Kozhikode can help in gaining knowledge with a good network through Executive MBA. But with such great experience, you can try for a good institute such as HBS, Wharton, INSEAD, or at least IIM Ahmedabad.
IIM Kozhikode is a good university with a good reputation. But if you are looking for quality education and some CV points, look for opportunities abroad. If your current salary is very low compared to IIM Kozhikode’s average salary, then only consider joining it, otherwise do not waste your time and money.
Which institute is better to pursue a full-time executive MBA, Xavier Bhubaneswar or KJ Somaiya?
If you have the financial means to do so, it would be wise to choose Xavier Institute of Management Bhubaneswar (XIMB) over KJ Somaiya Executive Program for a full-time executive MBA. While KJ Somaiya can offer assistance with placement opportunities, they do not provide on-campus placements, meaning you will need to find job opportunities on your own.
XIMB has a strong brand value and has completed 100% placement for its MBA program in 2022 with a 16% increase in average salary, which rose to Rs. 17.54 LPA from Rs. 15.15 LPA the previous year. While KJ Somaiya Institute of Management MBA placements 2023 had a 92% placement rate and attracted 132 companies, the highest and average packages offered stood at INR 22.50 LPA and INR 12.48 LPA, respectively. Sectors such as banking, IT, and financial services were the top recruiting sectors during the placements.
If you cannot afford the fees associated with XIMB and are willing to forego on-campus placement opportunities, then KJ Somaiya Executive PGDM could be a good option for you. However, keep in mind that the peer learning experience may be less than ideal, as there are students who were admitted through the Mat/ATMA test with lower scores through the DTE cap process directly without any group discussion or personal interview, particularly in the regular MMS program.
Ultimately, the decision of which program to choose should depend on your individual goals, circumstances, and financial situation. Do your research, consider your options carefully, and seek advice from mentors or professionals in your desired field before making a decision.
Is MDI GURGAON a good option for an MBA executive program?
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.
Does JBIMS have executive MBA programs for working professionals?
To be eligible for the Executive MBA program at JBIMS, you must have passed the Graduate Examination in Industrial Engineering in Mumbai and have also qualified in the GATE examination conducted by the IITs. Additionally, you must have a minimum of two years of full-time work experience at a supervisor or executive level. Internships and projects do not count towards this requirement.
Once admitted to the program, you must maintain a minimum attendance of 3/4th of the lectures delivered in the First Term and the Second Term. Failure to meet this requirement will result in not being permitted to appear for the Institute/University examination and will require you to re-admit and start the program again. No exceptions will be made.
The program is tentatively 15 working weeks long and takes place over two semesters. The First Semester runs from June to November, while the Second Semester takes place from January to April. Classes for the Part-Time Master's Degree Program are held from Monday to Friday from 18:30 to 21:30, on Saturdays from 14:45 onwards, and on Sundays from 09:00 onwards. These times are subject to change, so it is important to keep this in mind when considering admission to the Executive MBA program at JBIMS.
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?
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.
How is an executive MBA from IIM Indore?
IIM Indore is one of the top management schools among the group of 20 Indian Institutes of Management which is located in the city of Indore, Madhya Pradesh.
|
Particulars |
IIM Indore Executive MBA 2022 |
|
Fee Structure |
INR 2,111,800 (Total Fees) |
|
Course Duration |
1 year |
|
Course Type |
On-Campus (Full-time) |
|
Entrance Exam |
GMAT |
Admission Process
- Admission for the Executive Program is through the GMAT (Graduate Management Aptitude Test) exam. The GMAT exam can be given 5 times in 12 months with a gap of at least 16 days between consecutive attempts.
- A relevant 5 years of Work Experience is a mandatory prerequisite for getting into IIM Indore Executive MBA Programme.
Placements
Number of participants: 57
Number of on-campus offers: 57
Number of off-campus offers: 2
Number of students opted out: 4
IIM Indore EPGP highest salary: INR 70 LPA
IIM Indore EPGP average salary: INR 25.9 LPA
IIM Indore EPGP median salary: INR 23.6 LPA
Major sectors: Consulting (42%), IT/Product/Analytics (40%)
Top recruiters: Accenture, Cognizant, Cogoport, EY, IBM, Jio, Infosys etc
What is the average placement of FMS Delhi executive MBA program?
The executive or part-time MBA Program offered by FMS Delhi is among the best in India. It is meant for
- working professionals who aim to climb the career ladder within their existing jobs
- people who want to improve their employability in other companies.
Therefore, it does not offer placement like it is offered in the FMS full-time MBA Program. But around 30% switched industry/companies. Around 5% became entrepreneurs.
The highest salary: > 60 LPA
Average Salary: 30 LPA
What is the pattern of the written ability test (WAT) taken by FMS - Delhi for an MBA (executive program)?
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.
Is FMS Delhi a good option for a MBA executive program?
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.
What is the process and eligibility of getting enrolled in an executive MBA from IIM Calcutta?
IIM Calcutta is among the top B Schools in the customized executive education category globally. It offers 2 executive programs - PGP-Ex or Post Graduate Programs for Executive, and
PGP-Ex-VLM or PGP-Ex for Visionary Leadership in Manufacturing.
Factors considered in the selection process include:
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Academic record
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Work Experience
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Performance in aptitude tests
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Personal interview
Now let’s have a glimpse of both courses individually.
PGPEX:
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1-year full-time program
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It is for Industry Executives who have worked for more than five years in the industry.
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The program helps people stuck in the middle of their careers to upgrade their management skills and climb the ladder to top management roles.
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You require a Bachelor's degree to join the program.
PGPEX-VLM:
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1-year full time program
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It focuses on the manufacturing industry
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Co-run by IIM Calcutta, IIT Kanpur, and IIT Madras
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You require an engineering degree and a minimum of four and a half-year of work experience in manufacturing, engineering, and related sectors.
Both programs are equally good. The only difference lies in the fact that the latter focuses on manufacturing and technical aspects more than the former.
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