One Year MBA

One Year MBA in India by IIMs, ISB, XLRI, Great Lakes: Top Programs, Fee, Placement:
One Year MBA is a fast track full time MBA programme for working professionals with work experience of two years and above. As compared to two years full time MBA, the working professionals are offered 1 Year MBA or 15 months MBA equivalent programme which requires the executives to complete the two years course in one year. Academically, 1 Year MBA from a top B-school is as rigorous as a regular MBA programme.

 

One Year MBA in India is of recent origin and is offered by almost all the top MBA colleges in India including ISB, IIMs, XLRI, SPJIMR, MDI, Great Lakes among others but with different names.

 

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

  • This is a Fast Track full time MBA programme which is offered on-campus. This is not offered by distance and in other non-campus modes
  • Duration varies from 11-15 months as against 24 months of regular MBA in India
  • One Year MBA is meant for working executives with a minimum work experience of 2 to 5 years
  • Placement for 1 Year MBA is generally higher than regular MBA
  • Fee for top One Year MBA is also higher than regular MBA
  • Title/Names of One Year MBA in India differ a lot! IIM A offers a PGPX, while ISB offers a PGP and XLRI and other AICTE approved B-schools offer a PGPM Executive program. While names may be different, curriculum of all these programs is very similar.
  • AICTE approved 15-month PGPM Executive program is offered by XLRI, MDI, SPJIMR and other PGDM institutes.
  • So which are top One Year MBA Programs in India? What is their Fee, Eligibility, Placements, and Admission Dates? Let’s find out

Top One Year MBA Colleges in India
ISB Hyderabad is one of the top One Year MBA colleges in India. It is a prominent name and trend setter in offering One Year MBA education in India. Great Lakes is also a well known B-school offering 1 Year MBA. This shorter duration MBA from IIMs is available at IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Indore. Other top MBA colleges offering One Year MBA (technically a 15 month program) are XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, NMIMS Mumbai, SIBM Pune, IMI New Delhi, IMT Ghaziabad, XIM Bhubaneswar among others.

Name of Institute & Programme offered
Fee (INR in Lakhs)*
Date of Programme Commencement**
IIM Ahmedabad
Post Graduate Programme in Management for Executives (PGPX)
24.5
April 2019
IIM Bangalore
Executive Post Graduate Programme in Management (EPGP)
27.88
April 2019
IIM Calcutta
Post Graduate Programme for Executives (PGPEX )
22
April 2019
IIM Lucknow
International Programme in Management for Executives (IPMX)
24.5
April 2019
ISB Hyderabad
Post Graduate Programme in Management (PGP)
29.5
August 2019
IIM Indore
Executive Post Graduate Programme in Management (EPGP)
18
April 2019
IIM Udaipur
Post Graduate Program in Management for Executives (PGPX)
 7.83
January 2019
XLRI Jamshedpur
PGDM (General Management)
18.5
April 2019
SPJIMR Mumbai
Post Graduate Programme in Management (PGPM)
16.25
January 2019
MDI Gurgaon
1.National Management Programme (NMP)
2.Energy Management Programme (EMP)
15.17
April 2019
IMI New Delhi
Post Graduate Diploma in Management (Executive) / EXPGDM
11
May 2019
IMT Ghaziabad
Postgraduate Programme In Business Management Executive (PGDM Ex)
12.5
October 2018
Great Lakes Chennai, Gurgaon
Post Graduate Programme in Management (PGPM)
18.94
June 2019
SOIL Gurgaon
Post Graduate Program in Business Leadership (PGPBL)
14.64
April 2019
LBSIM New Delhi
Post graduate Diploma in Management Executive (PGDM Executive)
 5.20
June 2019

* Fee for forthcoming batch may go up
** Exact Dates for 2019-20 Batch yet to be announced

 

One Year MBA Fee
One Year MBA fee structure at top MBA colleges is higher than regular MBA programme although the duration for this program is half of the regular MBA programme!

 

The One Year MBA fee may go as high as Rs. 25 lakhs. The One Year MBA fee in India starts from Rs 5 lakhs at LBSIM and goes up to Rs 28 lakhs at IIM Bangalore. Accordingly there are One Year MBA colleges with low fee like LBSIM, IIM Udaipur and the colleges with 1 Year MBA course fee structure above Rs. 15 lakhs like XLRI, MDI. Besides, some of the top One Year MBA colleges Fee in India is above Rs. 20 lakhs for example ISB Hyderabad, IIM Ahmedabad, Bangalore, Calcutta, Lucknow among others.

  

However, since the 1 Year 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 One Year MBA and bear the costs of the programme.

 

Top One Year MBA Colleges Fee in India

Institute & Program
One Year MBA Duration
Fee (INR in lakhs) (Fee for 2018-19 batch)
ISB Hyderabad – Post Graduate Programme in Management (PGP)
12 Months
29.5
IIM Bangalore – Executive Post Graduate Programme in Management (EPGP)
12 months
27.88
IIM Ahmedabad - Post Graduate Programme in Management for Executives (PGPX)
12 months
24.5
IIM Lucknow - International Programme in Management for Executives (IPMX)
12 months
24.5
IIM Calcutta - Post Graduate Programme for Executives (PGPEX )
12 months
22
XLRI Jamshedpur – PGDM (General Management)
15 Months
18.5
IIM Indore - Executive Post Graduate Programme in Management (EPGP)
12 months
18
SPJIMR Mumbai - Post Graduate Programme in Management (PGPM)
12 months
16.25
MDI Gurgaon - 1.National Management Programme (NMP); 2. Energy Management Programme (EMP)
15 months
15.17
IMT Ghaziabad - Postgraduate Programme In Business Management Executive (PGDM Ex)
15 months
12.5
IMI New Delhi - Post Graduate Diploma in Management (Executive) / EXPGDM
15 months
11
IIM Udaipur - Post Graduate Program in Management for Executives (PGPX)
15 months
 7.83
LBSIM New Delhi - Post graduate Diploma in Management Executive (PGDM Executive)
15 months
 5.20

 

One Year MBA Admission & Eligibility Requirement
The minimum eligibility requirement for One Year MBA in India is 2 to 7 years of work experience after graduation degree. While ISB and Great Lakes ask for a minimum work-experience of 2 years, IIMs are generally more demanding with a minimum requirement of 5 years.

 

One Year MBA Admission with GMAT/GRE
Admission to One Year MBA programmes in IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Udaipur is based on GMAT or GRE scores. The pioneer of One Year MBA education in India, ISB Hyderabad also accepts only GMAT or GRE scores for One Year MBA admission.

 

All other 1 Year MBA colleges also accept GMAT scores although they accept other exam scores as well.

 

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

 

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

 

Admission Requirement in Top One Year MBA Colleges

Institute & Program
Exam score accepted
Minimum Work Ex required
ISB Hyderabad - Post Graduate Programme in Management (PGP)
GMAT or GRE
2 Years
IIM Ahmedabad - Post Graduate Programme in Management for Executives (PGPX)
GMAT or GRE
4 years
IIM Bangalore - Executive Post Graduate Programme in Management (EPGP)
GMAT or GRE
5 Years
IIM Calcutta - Post Graduate Programme for Executives (PGPEX )
GMAT
5 Years
IIM Lucknow - International Programme in Management for Executives (IPMX)
GMAT
5 Years
XLRI Jamshedpur - PGDM (General Management)
GMAT or XAT
5 years
SPJIMR Mumbai - Post Graduate Programme in Management (PGPM)
GMAT or CAT or XAT
5 years
MDI Gurgaon - 1.National Management Programme (NMP); 2. Energy Management Programme (EMP)
CAT or GMAT or MDI Test
3 years

 

One Year MBA Placement
One Year MBA Placement in India is higher regular 2 year MBA programmes in many colleges. The One Year MBA Placement data reflect high placements and Industry interface. One Year MBA in India with placements reveal that the programme offers placement packages which are much higher than expected. The One Year MBA placement packages sometimes get doubled after completing their programme. Top One Year MBA colleges placement in India like IIMs, XLRI, MDI, SPJIMR are in the range of Rs.14 lakhs to Rs. 30 lakhs per annum.

 

Why the One Year MBA Placement in India is higher? One of the key advantages to hire the person with One Year MBA, according to the top recruiting companies, is that the person already has good working experience in a responsible position and the One Year MBA has added value to his skills. As such the candidate is more suitable for a managerial position which results in higher packages while finalising Placements.

 

With the rise in One Year MBA Placements across all the sectors and industry, the demand for One Year MBA has also increased manifold as the companies also need experienced professionals with management skills.

 

Average salary offered in One Year MBA colleges Placements is higher than regular MBA programme in most of the top MBA colleges offering One Year MBA programmes like IIM Ahmedabad, Bangalore, Calcutta, Shillong, Indore, XLRI, IIM Udaipur among others.

 

One Year MBA Colleges Placement in India

Name of Institute
One Year MBA Programme Offered
Average Placement (INR in lakhs) *
IIM Ahmedabad
Post Graduate Programme in Management for Executives (PGPX)
INR 28.48
IIM Bangalore
Executive Post Graduate Programme in Management (EPGP)
INR 23.60
IIM Calcutta
Post Graduate Programme for Executives (PGPEX )
INR 20.14
ISB Hyderabad
Post Graduate Programme in Management (PGP)
INR 20.76
IIM Indore
Executive Post Graduate Programme in Management (EPGP)
INR 19.23
IIM Udaipur
Post Graduate Program in Management for Executives (PGPX)
INR 14
XLRI Jamshedpur
PGDM (General Management)
INR 18.2
SPJIMR Mumbai
Post Graduate Programme in Management (PGPM)
INR 16.47
MDI Gurgaon
1.National Management Programme (NMP)
INR Rs.15.2
2.Energy Management Programme (EMP)
 
IMI New Delhi
Post Graduate Diploma in Management (Executive) / EXPGDM
INR 12.81
IMT Ghaziabad
Postgraduate Programme In Business Management Executive (PGDM Ex)
INR 12.6
Great Lakes Chennai, Gurgaon
Post Graduate Programme in Management (PGPM)
INR 12.33
SOIL Gurgaon
Post Graduate Program in Business Leadership (PGPBL)
INR 9.00
LBSIM New Delhi
Post graduate Diploma in Management Executive (PGDM Executive)
INR 8.5

 *Placement Data for 2017

 

One Year MBA from IIMs
Many IIMs have established dedicated campuses to offer One Year MBA. IIM Lucknow has established Noida campus in Delhi NCR, IIM Indore has established Mumbai campus among others.

 

Global trends in One Year MBA
Global Management Education Graduate Survey conducted by the Graduate Management Admission Council (GMAC) has found that graduates rate the executive M.B.A. much higher than regular M.B.A. program. Out of 5,214 students from 203 schools surveyed, the majority said the executive M.B.A. 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 M.B.A. graduates as the most satisfied with their education.

 

Top 10 One Year MBA colleges in India
Following are the top 10 One Year MBA colleges in India:

 

ISB Hyderabad: Programme commences in August
ISB Hyderabad is the front runner in imparting One Year MBA education in India. It has one more campus at Mohali which also offers One Year MBA. ISB is entirely funded by private corporations, foundations and individuals from around the world and is considered as top corporate B-school in offering one year MBA. Despite the fact that its one year Post Graduate Programme in Management (PGP) has the highest fee structure among all the MBA programmes in India, the selection process is rigorous and thousands of applicants do not find a place in the final admission list. 

 

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. IIMA launched the one-year full time residential programme in management in 2006. The programme aims for developing executives to accelerate their career path and assume leadership roles. Students for this programme are selected through a rigorous internationally conducted admission process. The current batch of students carries an average GMAT score of around 700. The average experience of the batch is more than 8.5 years in a variety of sectors. The class represents a diverse range of industries including Academics and Education, Aerospace and Aviation, Consulting and Professional Services, Defence and Security, Energy and Power, Financial Services, FMCG, Govt. Service and Public Sector Enterprise, Healthcare, Infrastructure, IT & IT Services, Manufacturing, Media and Entertainment, NGO, Retail, Shipping and Telecom among others.

 

IIM Bangalore: Programme commences in April
IIM Bangalore One Year MBA is known as EPGP. Admission is based on GMAT/GRE score. Among the IIMs, the One Year MBA fee at IIM Bangalore is highest at Rs.28 lakhs. It is a globally ranked programme. The EPGP at IIM Bangalore provides students with the same solid foundation in key management concepts and disciplines as a two-year MBA, with similar rigor, range of electives, and grading criteria.  A key advantage of the EPGP is that the course work builds on the diverse and extensive work experience of the students.

 

IIM Calcutta: Programme commences in April
IIM Calcutta launched PGPEX in 2006. Since its inception the programme has spawned alumni who have demonstrated excellence in the leadership positions that they have occupied in their organizations. The programmeprovides mid-career professionals the ideal platform to augment their existing skill sets as they endeavour to armour themselves for senior and top management roles in the industry.

 

The PGPEX classes at IIM Calcutta commence in April. One Year MBA fee at IIM Calcutta is Rs. 22 lakhs and the admission is based on GMAT score. IIM Calcutta is the first management institute in the country to be Triple Crowned – to be accredited by AACSB, AMBA and EQUIS, i.e., accredited by all the three major accreditation agencies in the world for management education. The PGPEX class comprises an eclectic mix of youth and experience.

 

IIM Lucknow: Programme commences in April
One Year 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
One Year MBA at XLRI is offered as PGDM (General Management) and is a 15 months programme with a fee of Rs.18.50 lakhs. Admission is based on XAT/GMAT score. This is one of the flagship programs offered by XLRI and this program has received various prestigious accreditations including AMBA, AICTE etc. The superlative course structure combined with the substantial work-experience of the participants makes them highly sought after by the industry post-graduation.

 

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. PGPM at SPJIMR is an AICTE approved programme having a One Year Full Time Residential component, preceded by a 3-month off campus blended web learning component. In aggregate, the programme is of 15 months duration.

Great Lakes Institute of Management, Chennai: PGPM Commences in June

Great Lakes' One Year full time Post Graduate Program in Management (PGPM) is the flagship management programme of the institute. It helps transform high potential professionals into competent business managers and decision makers. Admission to the PGPM is for achievers, high performers and go-getters who want to change the world for the better. Professionals/ Entrepreneurs with 2+ years of full time work experience are eligible for the program. Throughout the course of study, emphasis is placed on developing competencies, team-work and leadership, inclusivity principles and value-based management creating "Business Ready Managers" capable of responding to complex business challenges. There are more than 200 Recruiting companies who offer placements to the PGPM students of Great Lakes.

 

MDI Gurgaon: Programme commences in April
MDI offers two management programmes of one year duration. Both are the one Year 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 One Year 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 One Year MBA at IMT Ghaziabad commence in October.

 

XIM Bhubaneswar: Programme commences in July
XIMB offers 1 year One Year 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.