Executive Mba

The Basics of Executive MBA

admin — Wed, 07 Jul 2010 13:29:00 +0000

Executive MBA or EMBA is one of the hottest courses on horizon these days. Especially suited for the requirement of business professionals, the course covers all the strategies of business world in a short duration of one year. The students are expected to have a basic knowledge of different sectors, with the target being enhancement of these skills. The unique design of the program allows interaction between professionals and thus helps in sharing and development of existing ideas and skills.

Since the EMBA program targets the working class people, the course structure is immensely flexible to meet the requirements of already employed. It is a sort of part time course and the classes are usually held on weekends. This schedule has proved to be highly beneficial for employees as they can easily coordinate their studies and work. There is no compulsion of internship also, as most of the people taking the course are full time employees and have enough industry experience. With such styling of the course there can hardly be any doubt that is one of the most wanted degrees of biz world.

These days many firms sponsor their students to take up the course and the results have proved to be quite encouraging. The pass outs of the course have honed their skills, brainstormed different ideas, interacted with fellow executives and are now ready to take on the world. While choosing an executive mba program the most important fact to keep in mind is to select a suitable college. With hordes of colleges lining up the street today the choice is not easy. Full time/Part time course is always preferable to distance learning, after all it takes a classroom to make new friends and explore new ideas. Finally after passing the course you can always have an assurance of being a coveted employee of the company.

Reasons to opt for an Executive MBA

admin — Mon, 05 Jul 2010 13:28:00 +0000

One must consider an executive MBA if they are a seasoned manager, leader, administrator or a business owner and need to take on more responsibilities and become successful. One learns on how to lead them by doing an executive MBA. The students of these programs learn who they are and why are they are the leaders. The leadership skills of these people also get refined and develop further.

Students are taught to think critically and coming up with new possibilities by solving complex programs. This will have a positive effect on their individual leadership style. Discussions, case studies, exercises, and seminars are used to teach the challenges of leadership to the participants of the executive MBA.

Customer focus is another aspect taught to the participants. The students are taught that how the customer is the most important part of the organization and how all strategies and policies need to be made keeping the customer in mind and the aim to make the organization customer centric. The students learn during the course of the program how to brand the organization and use the competitive advantage. Another aspects that are essential for a successful manager are taught in an executive MBA like managing customer satisfaction, measuring market performance, build cross culture relationships with customers and leveraging the internet.

Corporate strategy is something which all leaders must know and this is also taught in the course. Organization capabilities are nurtured and one is taught how to lead them and how to lead others in an effective way. Organizational culture is also essential for the success of an organization and this is taught to the leaders besides a very important and essential aspect; how to overcome challenges and problems as a leader. A problem solver can always be an effective and successful leader.

In the Arrears of Finance

admin — Fri, 02 Jul 2010 13:27:00 +0000

This is probably for all those who are completely in love with numbers. An Executive MBA in finance should be the apogee of their career graph. MBA in finance is one of the toughest but highly rewarding options. Though most of the basic MBA programs have the basic of finance in their curriculum but an EMBA equips with the latest tactics and most productive ideas which are not for everyone. This course is for the ones who want to have an edge over their competitors in the cut throat business sector.

This degree in finance is a win-win situation for both company and employees. For employees it can accelerate their career graph exponentially whereas for firms they have people who will be able to steer the company ahead in rough financial situations. Since finance forms the basis of enterprise the growth opportunities are numerous in this field. The core subjects in finance are banking, accounts, market structure and economics. The subjects like forex management, study of multinational financial management, working capital management, security analysis and risk management are taught at higher levels when the beginner’s stage is over. With the knowledge of key fundamentals of finance India and abroad the graduates are better equipped to deal with financial situations that they will have to face at management level.

The preferred candidates for this course are people who have their bachelor’s degree in finance. Though this is not a hard core rule but it is advisable to pursue an EMBA in the field in which you have done your graduation. The dream destinations for this course are IIM, ISB, IMT Ghaziabad and XLRI. The admission procedure in most of the institutes is on the basis of GMAT scores and personal interview. Your job experience and graduation degree also holds some weight age.

The only advice that has to be given to the pursuers of this course is to hold their seat belts tight as an EMBA will take you through a tremendously fast ride to success!

Executive MBA in Marketing

admin — Thu, 01 Jul 2010 13:27:00 +0000

The basis of every company and firm that operates is ‘marketing’. Marketing is the life and soul of every organization. Probably it is one of the factors that operate in some of the most unpredictable ways. Marketing in short can be described as the art of selling. However great your product might be, it would be of no worth if customers do not purchase it. A perfect marketing manager is probably the one who can sell a refrigerator to an Eskimo and earn profit on it!

Honing this delicate art of marketing is the main reason of people joining an Executive MBA (EMBA) in marketing. The job of a marketing expert is glamorous, requires lot of traveling and earns some of the highest pays in the industry. Marketing executives who want to climb the ladder in this field and acquire more strategic posts in their organization are the preferred candidates for the course. After the completion of course people can expect specialized offers like that of marketing managers, (the people who manage that how a product should be endorsed and released) usually occupy the topmost positions and earn high remunerations, marketing analyst another category of people who are assigned the job of studying the trend and features of a market etc.

The admission requirements are a sixty percent in graduation and aptitude test scores. The best programs in marketing are offered by IIM Ahmedabad. The courses are usually of one year duration and can be taken as part time/fulltime course. The option of distance learning is also available but according to experts a full time course is most beneficial. In recent years it has been seen that even finance people wish to pursue EMBA in marketing, perhaps it is the high profile glamour of the job that draws people.

Everybody who is innately creative can expect a rewarding career with this course.

Work experience in Executive MBA

admin — Mon, 06 Apr 2009 14:17:45 +0000

Mandatory work experience is what differentiates a regular MBA program and an executive MBA program. Executive MBA program is specially geared up for professionals who have atleast three years of experience. Some institutes also demand a five – ten years of work experience. An executive MBA is usually of one year duration, hence one need to have that kind of work experience to get that one year waived off.

The work experience that students bring to the classroom is what the best part about the course is. There is knowledge and information sharing and executives learn from one another. Thus in executive MBA programs the executive’s professional experience and becomes an essential part of the curriculum Most of the learning in executive programs happens through debates, discussions, seminars, case studies and presentations.

Executive MBA programs are running successfully around the globe because more and more people are realizing the worth of doing an MBA after they have gathered some work experience. Their learning curve varies greatly from a fresh graduate with an MBA and no work experience. These executives learn at the correct time because they are easily able to apply the concepts immediately on the battleground.

A number of factors are considered while selecting executives for an executive MBA program. The candidate is evaluated on his professional performance, his academic records, his entrance test scores, his professional recommendations and his performance in the personal interview that is conducted by the university panel.

Usually, there are a lot of questions related to the work experience that are asked in the interview. Universities want to know what probed you to do an executive MBA. They want to test your communication skills, your determination and a host of other things. It is a best program for executives having a good work experience and willing to move up their career ladder.

Part time executive MBA

admin — Mon, 06 Apr 2009 14:17:31 +0000

Post graduation studies have become necessary for students to secure good jobs and those who already have one usually want to go for an executive MBA program to move up in their career.

This executive MBA program is the main attraction for executives or managers who have three to four years of work experience. This is because part time executive MBA program allows them to continue with their job at the same time study. The classes for part time MBA programs are held in evenings on weekdays and for a few hours on weekends. It is because of this flexibility that part time executive MBA offers, that so many executives enroll for the same.

The time duration for a part time MBA is two to three years and this is different from a one year full time executive MBA. In a full time executive MBA candidates are usually asked to take a break and finish their course whereas the advantage of a part time executive MBA is that the candidates can continue their jobs and yet learn.

Investing in a part time executive MBA program is worth because it equips you with all the necessary business skills, communication skills and negotiation and leadership skills. However, juggling between work pressure and executive MBA pressure in itself is a great lesson because it teaches you time management skills. You become equipped to handle work pressure, do assignments and attend classes.

Even while appearing for the entrance and the interview, candidates are usually asked questions about their capabilities and determination to handle both the tasks simultaneously.

Overall, part time MBAs are best for executive who are in a good position in their organization and do not want to leave their jobs at the same time want to add on to their academic qualifications. It helps them to do both even though thy make take two to three years to complete this.

Online Executive MBA

admin — Mon, 06 Apr 2009 14:17:03 +0000

Today, the mode of education has taken a great leap. Imagine obtaining an MBA degree sitting home. This is possible through the wide and extensive use of the internet. There are a lot of universities that help students to gain an executive MBA degree online. Online education is helpful for students who find no time to attend classes. They prefer the comfort of their home and the freedom to study even at wee hours of the day.

Online executive MBAs are so popular around the globe, mainly because mid level executives do not have the time to take a year off and do their MBAs. Also, some managers have their family and hence do not want to spend their weekend attending classes; hence they prefer an online MBA.

Another benefit of an online executive MBA is that you can pursue it from any university around the globe that is offering the course. You need not necessarily have to present and attend classes in that country. Everything is online – right from the entrance exam to the final exams! This also helps people to save on huge costs that are incurred for doing an MBA

The study or the course material that is given to you is either couriered to you or is sent via e-mails. Virtual classrooms are available where students can come together, learn and solve their difficulties.

Almost all types of specializations are available in an online executive MBA. It equips managers with all the skills that are necessary to lead a business; right from critical thinking, organizational development, to creativity.

The executive MBA is one of the most prestigious degrees in the world and when offered with such amount of ease, comfort and flexibility, it is surely something that will help you to move up your career easily.

Executive MBA Vs Full Time MBA

admin — Mon, 06 Apr 2009 14:16:42 +0000

Most people want to know the pros and cons of a full time MBA as well as an executive MBA little do they realize that these MBAs cater to different sets of target audience. While a full time MBA caters to a fresh graduate and people who have two to three years of work experience and want a career break or want to take a two year break and pursue his management studies, an executive MBA is specially targeted towards executive or managers who do not want a career change but want to rather grow in their field. Executives who have three to five years of work experience are the ones who can pursue an executive MBA. This is a mandatory requirement for candidates who want to take up executive MBA because the level of teaching in this type pf a course is quite high. Usually, managers here are made to discuss about different business challenges that they faced in their jobs, they are made to discuss different case studies and this helps them to learn from one another. On the other hand, a full time MBA, though involves discussions, projects and assignments, there is still a lot of foundation level courses that are covered here because there may be many freshers who join these courses and do not have any business experience.

A full time MBA scenario is very different from that of an executive MBA scenario. In a full time MBA course, students usually are not that focused on which career path they want to chose and tread on while on the other hand, candidates who do an executive MBA have relevant full time work experience and hence they are very confident about their careers and their choices and this makes things quite different for an executive who already has his foundation laid in form of the number of years of work experience.

Executive MBA fees

admin — Mon, 06 Apr 2009 14:16:06 +0000

Executive MBA fees depend on a lot of criteria such as the mode of education: part time, full time, online or distance/correspondence education. Secondly, it also varies on the college or the B-school that you have selected and which cluster or rank it belongs to.

Some of the fees of reputed colleges that offer executive MBA are as follows:

IIM Ahmedabad which charges approximately 20 lakh for a one year course called PGPX (Post Graduate Programme for Executives) which is a residential course.

Symbiosis Institute of Management which offers an executive MBA course for two and a half years who fees is approximately Rs.1, 00,000 for sponsored candidates. Minimum experience needed is 5 years (full time). This is a non residential course.

IIM Bangalore offers an Executive General Management programme which lasts for 7 to 8 months whose approximate fee is Rs. 2 lakh. Work experience: 5 years. It is a non residential course. IIM B also offers an Advance programme in management that is for executives who have minimum ten years of work experience. There are a lot of other specialized programmes as well that are offered by IIM Bangalore.

IIM Kolkata offer PGPX (Post Graduate Programme for Executives) for a year charging Rs. 8 Lakh with minimum 5 years experience. This is a residential programme.

IIM Lucknow charges 1.5 lakh for a Post Graduate MBA Programme (Part Time) which is a 3 years programme. Minimum work experience needed: 2 years. This is a non residential course.

IIM Indore offers Executive Post Graduate Programme (Part Time) which is an eighteen month course for which a candidate needs to pay Rs. 4Lakh. Minimum work experience needed is five years.

Faculty of Management Studies (FMS), University of Delhi offers part time MBA (3 Years) which costs a student approximately Rs. 40,000 to Rs. 50,000. However, an Employer Sponsorship is required here and the candidate needs to have a minimum three years work experience.

Top institutes for executive MBA

admin — Mon, 06 Apr 2009 14:12:11 +0000

There are many institutes that are offering an executive MBA in the country. However, some of the top notch and the reputed institutes whose courses are credit worthy are

IIM Ahmedabad which is the crème de la crème of all the B-schools in India. This institute is offering a PGPX (Post Graduate Programme for Executives). It is a residential one year full time course and you need a good GMAT score for entering this programme. Minimum age: 27 years.

Indian Institute of Management, (IIM) Bangalore offers many courses at the executive level. One of which is an executive General Management Programme which is of 7 to 8 months duration.

IIM, Kolkata offers PGPX (Post Graduate Programme for Executives) for an executive which is a one year full time residential programme.

Symbiosis Institute of management, located in Pune, Maharashtra is yet another reputed institutes that offers a non residential two and a half years executive MBA programme.

IIM Lucknow which comes in the cluster of the top 10 MBA schools in the country offers Post Graduate MBA Programme (Part Time) for three years.

Faculty of Management Studies (FMS), University of Delhi offers a part time three year MBA programme for managers.

Jamnalal Bajaj Institute of Management studies (JBIMS), Mumbai offers various development Programmes for managers in the area of marketing, finance, operations, systems management etc.

XLRI, Jamshedpur offers one year Graduate Management Programme for managers with a minimum of three years of work experience. The candidate needs to apply through XAT. It also offers a three year Executive Post Graduate Programme. Apart from this, there are many other courses that XLRI offers.

Indian School of Business (ISB), Hyderabad offers a one year MBA for managers with relevant work experience. It is a residential course costing approximately Rs. 15 lakh.

Indian Institute of Foreign Trade offers many courses for executives: They are MBA (International Business) (3 years), Executive Masters in International Business (18 Months) and Executive Masters in International Business (18 Months).