Executive MBA

Executive MBA in India by IIMs, ISB, XLRI: Top Programs, Fee, Placements

Unlike the regular 2 Year MBA which started in 1960s by IIMs, XLRI and Universities, One-year MBA or Executive MBA in India is of recent origin but is now offered by almost all the top MBA colleges in India including ISB, IIMs, XLRI, SPJIMR, MDI among others with different names. The Executive MBA as offered in India is the 1 year MBA programme on fast track which is similar to with regular MBA offered by top B-schools like INSEAD, London Business School and others.

 

Key Features of One Year Executive MBA Full Time Programs in India are:

  • This is a Fast Track full time MBA programme which is offered on-campus. This is not offered by distance and other non campus modes
  • Duration varies from 11-15 months as against 24 months of regular MBA in India
  • Executive MBA is meant for working executives with a minimum work experience of 2 to 5 years
  • Placement for Executive MBA is higher than regular MBA
  • Fee for top Executive MBA is higher than regular MBA. See table below.
  • Names of Executive MBA in India differ a lot! IIM A offers a PGPX, while ISB offers a PGP and XLRI offers a PGPM.
  • AICTE approves 15 month PGPM program offered by XLRI, MDI, SPJIMR and other PGDM institutes. ISB, SOIL and a few others offer self-regulated programs.

So which are top Executive MBA Programs in India? What is their Fee, Eligibility, Placements, and Admission Dates? Lets find out.

 

Top One-Year Executive MBA programme in India:

Name of Institute & Programme offered
Duration
Fee (INR in lakhs)
Exam score accepted
Minimum Work Ex required
Average Placement (INR in lakhs)
Date of programme commencement
IIM Ahmedabad
Post Graduate Programme in Management for Executives (PGPX)
12 months
INR 24.50
GMAT/GRE
4 years
INR 28.48
April 2019
IIM Bangalore 
Executive Post Graduate Programme in Management (EPGP)
12 months
INR  27.88
GMAT/GRE
5 years
INR 23.60
April 2019
IIM Calcutta 
Post Graduate Programme for Executives (PGPEX )
12 months
INR 22.00
GMAT
5 years
INR 20.14
April 2019
IIM Lucknow 
International Programme in Management for Executives (IPMX)
12 months
INR 14.50
GMAT
5 years
Placement statics are not disclosed by IIM Lucknow.
April 2019
ISB Hyderabad 
Post Graduate Programme in Management (PGP)
12 months
INR 29.05
GMAT / GRE
2 years
INR 20.76
August 2018
IIM Indore 
Executive Post Graduate Programme in Management (EPGP)
12 months
INR 18
CAT/GMAT
5 years
INR 19.23
April 2019
IIM Udaipur 
Post Graduate Program in Management for Executives (PGPX)
15 months
INR 7.83
GMAT
4 years
INR 14
January 2019
XLRI Jamshedpur
PGDM (General Management)
15 months
INR 18.50
GMAT/XAT
5 years
INR 18.2
April 2019
SPJIMR Mumbai
Post Graduate Programme in Management (PGPM)
12 months
INR 16.25
GMAT/CAT/XAT
5 years
INR 16.47
January 2019
MDI Gurgaon
1.National Management Programme (NMP) 2.Energy Management Programme(EMP)
15 months
INR 15.17
CAT/GMAT/MDI Test
3 years
INR 15.17
April 2019
IMI New Delhi
Post Graduate Diploma in Management (Executive) / EXPGDM
15 months
INR 11
CAT/GMAT/IMI’s admission Test
5 years
INR 11.81
May 2019
IMT Ghaziabad
Postgraduate Programme In Business Management Executive (PGDM Ex)
15 months
INR 12.50
CAT / XAT/GMAT
5 years
INR 12.06
October 2018
Great Lakes Chennai, Gurgaon
Post Graduate Programme in Management (PGPM)
12 months
INR 18.94
CAT/XAT/CMAT/GMAT
2 Years
INR 12.33
June 2018
SOIL Gurgaon
Post Graduate Program in Business Leadership (PGPBL)
12 months
INR 14.64
CAT/XAT/NMAT by GMAC/Own entrance exam
2 years
INR 9.00
April 2018
LBSIM New Delhi
Post graduate Diploma in Management Executive (PGDM Executive)
15 months
INR 5.20
CAT/GMAT/Own entrance test
5 years
INR 8.5
June 2018

Lets now learn more about Executive MBA and review each of the important Executive MBA programs in India.

 

Executive MBA: Suited for Working Professionals
Executive MBA covers all the ingredients of regular MBA programme and is more rigorous as it has shorter time duration. Working professionals pursuing Executive MBA complete their degree/diploma in half of the time required for regular MBA. Despite being a short term programme of 12 to 15 months, the delivery and design of Executive MBA programme is prepared in such a manner that it covers each and every aspect of the two year regular MBA/PGDM programme with a different and better approach. Since all the students in Executive MBA have good work experience in their respective field, the industry connect is much better in Executive MBA.

 

Executive MBA Rated at par or even higher than regular MBA
Global Management Education Graduate Survey conducted by the Graduate Management Admission Council (GMAC) has found that graduates rate the executive MBA much higher than regular MBA program. Out of 5,214 students from 203 schools surveyed, the majority said the executive MBA programs at their schools have excellent or outstanding faculty, program structure, fellow students, admissions, curriculum, program management, and student services. Accordingly, the survey rated executive MBA graduates as the most satisfied with their education.

 

Executive MBA Admission with GMAT/GRE
Admission to executive MBA programmes in IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Udaipur is based on GMAT/GRE scores. The pioneer of executive MBA education in India, ISB Hyderabad also accepts only GMAT/GRE scores for executive MBA admission. All other executive MBA colleges also accept GMAT scores although they accept other exam scores as well. A minimum work experience of 4-5 years is also required to apply for Executive MBA programme.

 

Executive MBA Admission with CAT
IIM Indore, IIM Shillong, SPJIMR, MDI, IMI, IMT, XIMB, LBSIM, Great Lakes offer Executive MBA admission on the basis of CAT exam score.

 

Executive MBA admission with XAT
XLRI Jamshedpur, SPJIMR Mumbai, XIM Bhubaneswar, IMT Ghaziabad, Great Lakes Chennai accept XAT scores for Executive MBA admission.

 

Executive MBA Fee
Fee for MBA executive programme is higher than regular MBA programme although the duration for Executive MBA in IIMs and other MBA colleges is half of the regular MBA programme.   The fee range for executive MBA starts from Rs. 5+ lakhs at LBSIM and goes up to Rs.28 lakhs at IIM Bangalore. However, since the Executive MBA is a high RoI programme and the course has high value in the industry circles, the fee factor becomes secondary. Besides, Banks and financial institutions extend sufficient education loan to cover the course. Sometimes companies also sponsor their employees to pursue the Executive MBA and bear the costs of the programme.

 

High Placements and Industry Interface
Executive MBA programme offers placement packages which are much higher than regular MBA programmes. The placement packages of working professionals sometimes get doubled after completing their one year executive MBA programme. Average Placements at IIMs, XLRI, MDI, SPJIMR among other top MBA colleges offering executive MBA are in the range of Rs.14 lakhs to Rs. 30 lakhs per annum.   The key advantage to hire the person with Executive MBA, according to the top recruiters, is that the person already has good working experience in a responsible position and the executive MBA has added value to his skills. As such the candidate is more suitable for a managerial position.    Accordingly, Executive MBA programmes from top MBA colleges in India offer a better career opportunity. Executive MBA gives you the opportunity to get connected with the corporate and industry stalwarts who come to share their experiences in your MBA college and enrich you with better management skills.    With the rise in opportunities across all the sectors, the demand for Executive MBAs has also increased manifold as the companies also need experienced professionals with management skills.   Average salary for Executive MBA is higher than regular MBA programme in most of the top MBA colleges offering Executive MBA programmes like IIM Ahmedabad, Bangalore, Calcutta, Shillong, Indore, XLRI, IIM Udaipur among others.

 

Top Executive MBA colleges in India
Following are the top 10 Executive MBA colleges in India:

 

ISB Hyderabad: Programme commences in August
ISB Hyderabad is the front runner in imparting Executive MBA education in India. It has one more campus at Mohali which also offers Executive MBA.

 

IIM Ahmedabad: Programme commences in April
The PGPX at IIM Ahmedabad with an intake of 120 students is a much sought after MBA executive programme. The admission is based on GMAT/GRE exam scores

 

IIM Bangalore: Programme commences in April
IIM Bangalore Executive MBA is known as EPGP. Admission is based on GMAT/GRE score. Among the IIMs, the executive MBA fee at IIM Bangalore is highest at Rs.28 lakhs.

 

IIM Calcutta: Programme commences in April
The PGPEX classes at IIM Calcutta commence in April. Executive MBA fee at IIM Calcutta is Rs. 22 lakhs and the admission is based on GMAT score.

 

IIM Lucknow: Programme commences in April
Executive MBA programme at IIM Lucknow is known as International Programme in Management for Executives (IPMX). The admission is based on GMAT score and the programme fee is Rs. 24.50 lakhs.

 

XLRI Jamshedpur: Programme commences in April
Executive MBA at XLRI is offered as PGDM (General Management) and is a 15 months programme with a fee tag of Rs.18.50 lakhs. Admission is based on XAT/GMAT score.

 

SPJIMR Mumbai: Programme commences in January
SPJIMR offers Post Graduate Programme in Management (PGPM) of 12 months duration at a fee of Rs.16.25 lakhs.

 

MDI Gurgaon: Programme commences in April
MDI offers two executive MBA programmes of 15 months each. They are National Management Programme (NMP) and Energy Management Programme(EMP). The admission is through CAT/GMAT or own entrance test conducted by MDI Gurgaon.

 

IMI Delhi: Programme commences in May
Post Graduate Diploma in Management –Executive (EXPGDM) at IMI Delhi is a 15 months executive MBA programme offered at a moderate fee of Rs.11 lakhs. The admission is based on CAT/GMAT or IMI own admission test.

 

IMT Ghaziabad: Programme commences in October
IMT offers Postgraduate Programme in Business Management Executive (PGDM Ex) of 15 months duration. The classes for executive MBA at IMT Ghaziabad commence in October.

 

XIM Bhubaneswar: Programme commences in July
XIMB offers 1 year executive MBA known as Executive Postgraduate Programme In Business Management at a fee of Rs.16 lakhs. The admission at XIMB can be sought on the basis of CAT/XAT/GMAT scores. Besides XIMB conducts its own entrance exam X-GMAT for admission.   To help the Executive MBA aspirants to choose the best fit programme, MBAUniverse.com has prepared a list of top MBA colleges offering Executive MBA in India along with the information on 1 year Executive MBA fee, duration, placement, programme commencement etc. 

Register Now for Latest Update - Don't miss it

Great Lakes Gurgaon
GLIM Gurgaon: Great Lakes Institute of Management

Great Lakes Chennai
Great Lakes Chennai: Great Lakes Institute of Management - GLIM

IIM Ahmedabad
IIM Ahmedabad: Indian Institute of Management

IIM Bangalore
IIM Bangalore: Indian Institute of Management

IIM Calcutta
IIM Calcutta: Indian Institute of Management

IIM Indore
IIM Indore: Indian Institute of Management

IIM Lucknow
IIM Lucknow: Indian Institute of Management

IIM Shillong
IIM Shillong: Indian Institute of Management

IMI Delhi
IMI Delhi: International Management Institute

  • Program name: Executive PGDM
    Course type: Executive MBA/PGDM
    Duration:
    15 Months
    Specialization:
    Tuition fee: Not available

Indian Institute of Management (IIM) Udaipur

Institute of Management - Nirma University (IMNU) Ahmedabad
Institute of Management - Nirma University (IMNU) Ahmedabad

 IPE Hyderabad
IPE Hyderabad: Institute of Public Enterprise

  • Program name: Executive PGDM
    Course type: Executive MBA/PGDM
    Duration:
    15 Months
    Specialization: Banking, Insurance and Financial Services
    Tuition fee: INR 3,80,000

ISB Hyderabad
ISB Hyderabad: Indian School of Business

LBSIM New Delhi
Lal Bahadur Shastri Institute of Management - LBSIM New Delhi

  • Program name: PGDM Executive
    Course type: Executive MBA/PGDM
    Duration:
    15 Months
    Specialization: Banking, Insurance and Financial Services
    Tuition fee: INR 5,20,000

MDI Gurgaon
MDI Gurgaon: Management Development Institute

MYRA Mysore
MYRA Mysore: MYRA School of Business

  • Program name: PGPX
    Course type: Executive MBA/PGDM
    Duration:
    12 Months
    Specialization:
    Tuition fee: INR 8,00,000

NIFM Faridabad
National Institute of Financial Management (NIFM) Faridabad

SDMIMD Mysore
SDMIMD Mysore: SDM Institute For Management Development

SIMSR Mumbai
SIMSR Mumbai: K J Somaiya Institute of Management Studies And Research

  • Program name: PGDM Executive
    Course type: Executive MBA/PGDM
    Duration:
    15 Months
    Specialization: General management
    Tuition fee: INR 6,66,500

SPJIMR Mumbai
SPJIMR Mumbai: SP Jain Institute of Management & Research

WOXSEN Hyderabad
WOXSEN Hyderabad: WOXSEN School of Business

Xavier Institute of Management, XIMB
Xavier Institute of Management, XIMB

  • Program name: Executive MBA
    Course type: Executive MBA/PGDM
    Duration:
    12 Months
    Specialization: Finance
    Tuition fee: INR 16,00,000