One Year MBA in India

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Are you an executive looking for accurate information about One Year MBA programs offered by IIMs, ISB, XLRI, SPJIMR and other B-schools? Welcome to MBAUniverse.com ‘One Year MBA for Executives’ Channel. This channel presents Rankings, Fee, Placements, Admission process for One Year MBA in India. We also clarify the difference between ‘Executive MBA’ Vs ‘One Year MBA’ for Executives in India. Both are NOT the same!

 

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Executive MBA Vs One Year MBA for Executives in India: Clearing the confusion
Let’s first understand the difference between One Year MBA and Executive MBA. In US, Europe, China and Singapore ‘Executive MBA’ or ‘EMBA’ is generally a modular, part-time program offered for senior executives who don’t wish to leave their well-paying full-time jobs for earning MBA credentials. Many of the World’s top EMBA programs are offered jointly by a few leading B-schools, usually across the continents. For instance, the Financial Times ‘Executive MBA Rankings 2018’ ranks Kellogg-HKUST EMBA, Trium: HEC Paris/LSE/NYU: Stern, Tsinghua University-INSEAD as top three EMBA programs in the world. 

 

Coming to India, there is some unwarranted confusion between ‘Executive MBA’ and ‘One Year MBA for Executives’. To clear the air, some historical perspective is useful.

In 2001, like many European MBA programs, ISB Hyderabad launched its one-year full-time residential MBA equivalent program called Post Graduate Program (PGP). This required a mandatory work-experience of a few years, and thus aimed exclusively as executives. Following its success, in 2006, IIM Ahmedabad launched its ‘Post Graduate Programme in Management for Executives’, its one-year, full-time, residential programs popularly known as PGPX. IIM Calcutta too launched its ‘Post Graduate Programme for Executives’ or ‘PGPEX’. In 2009, IIM Bangalore launched ‘Executive Post Graduate Programme in Management’ or ‘EPGP’. Both IIMC’s PGPEX and IIMB’s EPGP were one-year, full-time, residential MBA Equivalent programs.

 

Given that word ‘Executive’ is part of virtually all 1-year MBA programs by IIMs, media and general public started calling these One Year MBA equivalent programs as Executive MBAs. Clearly, the one-year residential MBA programs by IIMs are NOT part-time/modular Executive MBA programs, as EMBAs are known globally.  

 

This confusion was perhaps further compounded when AICTE, the management education regulator in India, permitted PGDM B-schools to offer ‘Executive PGDM’ – also a full-time residential 15-months MBA equivalent program. So XLRI offered PGDM (General Management) and MDI offered National management Programme and IMI offered Executive Post Graduate Program – all leading to ‘Executive PGDM’. Today more than 25 B-schools are offering Executive PGDM programs in Delhi, Mumbai, Bangalore and other cities.

 

To close this debate, refer to this table below:

 

Executive MBA Vs 1 Year MBA: Not the same

 
One Year MBA for Executives
Executive MBA/EMBA
Examples:
ISB’s PGP or IIMA’s PGPX
ISB’s PGPMAX
Full Time
Yes
No
Residential
Yes
No
Duration
12-15 months
Varies from 15 months to 36 months
Minimum Work Ex Required
5 Years for IIMs, 2 Years for ISB/Great Lakes
Much higher, generally 10-15 years
Admission
GMAT/GRE required. Rigorous process.
Profile based. GMAT generally not required
Fee compared to 2-yr program
High
Much Higher
Placement Assistance
Yes
No

Source: MBAUniverse.com Analysis 2019

 

Some above table the difference between 1-year MBA and Executive MBA is clear. While One year MBA by IIMs, ISB, XLRI is a fully residential program, Executive MBA is a part-time or modular program which doesn’t require compulsory campus presence. The admission process of 1 Year MBA vs Executive MBA is also different. 

 

With this clarification, let’s move forward to understand more about ‘One Year MBA for Executives’ in India. (For those who will not like to leave their full-time jobs but looking for good managerial qualifications, refer to links for some good part-time/modular program options.)

 

Coming back to One Year MBA for Executives in India, good news is that there are plenty of choices. We classify them into three types, below.  

 

One Year MBA: Types of institutions

  • One Year MBA by IIMs including IIMA, IIMB, IIMC and others 
  • ‘Executive PGDM’ offered by AICTE approved top B-schools like XLRI, MDI, SPJIMR and others
  • One Year MBA equivalent program offered by ISB, Great Lakes, SOIL and others

While all these three One Year MBAs may appear same, one closer analysis, you will notice many differences due to the positioning and target-audience of these programs.

 

Let’s review three types of One Year MBA programs in detail.

 

Top One Year MBA offered by IIMs

Institution
Duration
Batch Size
Batch Average Work Experience
Minimum Work Experience Required
Fees (Rs Lakhs)
Average Placement (Rs Lakhs)
Month of Programme Commencement
IIM Ahmedabad - PGPX
12 Months
140
8.9 Years
4 years
25,00,000
28,84,111
April
IIM Bangalore - EPGP
12 Months
80
 
7.5 Years
5 years
25,89,000
23,46,000
 
April
 
IIM Calcutta - PGPEX
12 Months
 
68
 
8 Years
5 Years
 
22,00,000
24,52,000
 
April
 
IIM Indore - EPGP
12 Months
 
66
 
7.9 Years
5 Years
 
20,00,000
20,00,000
 
April
 
IIM Lucknow - IPMX
12 Months
 
61
 
8.4 Years
5 Years
 
23,50,000
-
April
 

Source: MBAUniverse.com Analysis 2019

 

Read more about One Year MBA offered by IIMs

 

One Year MBA equivalent program offered by ISB

B-school - Program Name
Duration
Average Work Experience of the Batch
Minimum Work Experience Required
Fees
Average Placement
Month of Programme Commencement
ISB Hyderabad - PGP
12 Months
 
4.3 Years
2 Years
34,63,240
25,09,000
 
April
 

Source: MBAUniverse.com Analysis 2019

 

Top One Year MBA equivalent Executive PGDM offered by AICTE B-schools & Universities

B-school - Program Name
Duration
Average Work Experience of the Batch
Minimum Work Experience Required
Fees
Average Placement
Month of Programme Commencement
SPJIMR Mumbai - PGPM
15 Months
 
6.4 Years
5 Years
17,88,000
 
17,26,500
 
January
XLRI Jamshedpur – PGDM (GM)
15 Months
 
6.7 Years
5 Years
20,00,000
 
17,54,000
 
April
MDI Gurgaon - NMP
15 Months
 
7.8 Years
5 Years
15,35,000
-
December (Round 1) & January (Round 2)
Great Lakes Chennai, Gurgaon – PGPM,
12 Months
-

2 Years

18,94,000
13,11,000
June

Source: MBAUniverse.com Analysis 2019

 

Read more about One Year MBA offered by AICTE B-schools & Universities.

 

Comparison of 1 Year MBAs by IIMs, ISB, SPJIMR, XLRI: At a glance
To summarize the difference between these three different types of one year MBA, check this table below.

 
IIMA, IIMB, IIMC
XLRI, SPJIMR
ISB
Program Duration
12 months
15 months
12 months
Minimum Work Ex Required
4-5 Years
5 Years
2 Years
Average Batch Work Experience
7.8 Years
6.55 Years
4.3 Years
Average GMAT
690-710
650-700
709
Fee
24,30,000
18,94,000
34,63,240
Average Placements
25,60,000
17,40,000
22,14,684

Note: Data for only 6 institutions mentioned above used for data in table

 

Top One Year MBA Programs for Executives in India
Which are top One Year MBA programs for Executives in India? If you are looking for the best one year MBA, please note that these 1 year MBA programs in India are offered by the one year MBA colleges in India as well as other top MBA colleges. The top one year MBA programs offered by ISB (1 year MBA is the flagship programme at ISB), IIMs, XLRI are the examples of some of the best one year MBA programmes in India. Globally, these are only 1 year MBA programme rankings done by top international agencies. Although out of 3500 MBA colleges in India, most of them offer one year MBA courses but looking with the perspective of choosing the top one year MBA.. Read More

 

One Year MBA in Delhi NCR
One year MBA in Delhi NCR is offered by many top MBA colleges. Some of the top Management Institutes offering one year MBA in Delhi NCR include MDI Gurgaon, IIM Lucknow-Noida campus, IMT Ghaziabad, IMI New Delhi, LBSIM New Delhi among others.

 

A list of the best institutes offering one year MBA in Delhi NCR is shared below:

Institutes Offering One Year MBA in Delhi NCR
Name of One Year MBA Programme in Delhi NCR
Minimum Work Experience Required for Admission
MDI Gurgaon
National management Programme (NMP)
5 Years
IIM Lucknow-Noida Campus
International Programme in Management for Executives (IPMX)
5 Years
IMT Ghaziabad
PGDM Executive
5 Years
IMI New Delhi
PGDM Executive (ExPGDM)
5 Years
LBSIM New Delhi
PGDM Executive
5 Years
Great Lakes Institute of Management, Gurgaon
Post Graduate Programme in Management (PGPM)
2 Years

One Year MBA Admission Process
The admission process for one-year full-time residential MBA in India for executives requires minimum eligibility of a graduate degree along with professional or entrepreneurial experience of 5 years. Candidates are shortlisted on the basis of the qualifying test score such as GMAT/GRE & the overall profile of the candidate. After short listing various attributes such as personal interview, statement of purpose, written ability test and letter of recommendation are evaluated for final admission to the programme. Read more.

 

One Year MBA Colleges Fee
One Year MBA programs by ISB, IIMs, XLRI, SPJIMR, MDI and other top B-schools are aimed at executives with 3-10 years of work experience. As 1 year MBA programs are full time residential programs with curriculum at par with 2 year MBA, the faculty associated with these programs is top notch.. Read more about One Year MBA Fee

 

Part-time MBA for Working Executives
While we have covered full time one-year MBA programs above, what are the best Part-time MBA options?

  1. 3 Year Part-time MBA/PGDM Executive Programs by PGDM B-schools or by Universities: Many B-schools and Universities offer these three-year part-time MBA or PGDM Executive programs in Delhi, Bangalore, Mumbai and other cities.  Read more. 
  2. Distance MBA: Read all about Distance MBA programs in India. Read More