Are you a working professional and 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 Channel. This channel presents Rankings, Fee, Placements, Admission process for One Year MBA in India. We also clarify the difference between ‘One Year MBA’ Vs ‘Executive MBA’ in India. Both are NOT the same!
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One Year MBA in India Vs Executive MBA: Clearing the confusion
Let’s first understand the difference between One Year MBA and Executive MBA (EMBA). In US, Europe, China and Singapore 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. Executive MBA in India.
Coming to India, there is some unwarranted confusion between these two programs. 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 working managers. 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 modular EMBA programs as 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 so on – all leading to ‘Executive PGDM’ or PGDM Executive. Today more than 25 B-schools are offering this program in Delhi, Mumbai, Bangalore and other cities.
To close this debate, refer to this table below:
1 Year MBA Vs EMBA: Not the same
|
|
One Year MBA
|
Executive MBA
|
|
Examples:
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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 the two programs is clear. With this clarification, let’s move forward to understand more about full time One Year MBA 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 program options.)
Coming back to One Year MBA 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
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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 - MBAEx
|
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
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B-school - Program Name
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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 PGDM Executive offered by AICTE B-schools & Universities
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B-school - Program Name
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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
|
|
K J Somaiya Institute of Management Studies & Research, Mumbai
|
15 Months
|
-
|
5 Years
|
7,40,400
|
10,70,000
|
September
|
|
FORE School of Management, Delhi
|
15 Months
|
-
|
5 Years
|
11,00,000
|
--
|
July/August
|
|
LBSIM, New Delhi
|
15 Months
|
|
5 Years
|
5,20,000
|
--
|
June
|
|
BIMTECH, Greater Noida
|
15 Months
|
-
|
3 Years
|
12,50,000
|
-
|
August
|
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 in India
Which are top One Year MBA programs 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:
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Institutes Offering One Year MBA in Delhi NCR
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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 E
|
5 Years
|
|
IMI New Delhi
|
ExPGDM
|
5 Years
|
|
Great Lakes Institute of Management, Gurgaon
|
Post Graduate Programme in Management (PGPM)
|
2 Years
|
|
FORE School of Management
|
Executive PGDM (PGPX)
|
5 Years
|
|
LBSIM New Delhi
|
PGDM E
|
5 Years
|
|
BIMTECH
|
PGDM Executive
|
3 Years
|
One Year MBA Admission Process
The admission process for one-year full-time residential MBA in India 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 working professionals 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 Professionals
While we have covered full time one-year MBA programs above, what are the best Part-time MBA options?
- 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 programs in Delhi, Bangalore, Mumbai and other cities. Read more.
- Distance MBA: Read all about Distance MBA programs in India. Read More
