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By: Divya Prakash
Coming to India There is some misinterpretation of "Executive MBA as well as 'One Year MBA and PGDM executive programs. To better understand the situation, an understanding of the past is helpful.
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Coming to India There is some misinterpretation of "Executive MBA as well as 'One Year MBA and PGDM executive programs. To better understand the situation, an understanding of the past is helpful.
In 2001 ISB Hyderabad launched its post-experience, one-year full-time residence MBA equivalent program known as Post Graduate Program (PGP). In 2006, IIM Ahmedabad launched its Post Graduate Program of Management and Executives'. These are a one-year full-time, full-time residential program that is commonly referred to as PGPX. In the coming months, IIM Calcutta too launched its Post Graduate Executive Programme', or "PGPEX." The year 2009 was when IIM Bangalore launched the 'Executive Post Graduate Programme in Management, also known as EPGP. The IIMC's PGPEX and IIMB's EPGP were full-time, one-year residential MBA equivalent programs.
Because the term "Executive" is used in virtually all one-year MBA programs offered by IIMs media. The general public began to refer to the One Year MBA equivalent programs as Executive MBAs. The one-year residential MBA programs provided by IIMs are not part-time or modular Executive MBA programs, as EMBAs are referred to globally. Find out more about the One Year MBA that IIMs are providing.
The confusion was further exacerbated by the fact that AICTE, the authority for management education in India, has allowed PGDM B-schools to provide 'Executive PGDM, an all-inclusive, residential 15-month MBA similar program. This meant that XLRI provided PGDM (General Management) and MDI provided the National Management Programme (NMP). More than 25 B-schools like SPJIMR Mumbai, IMT Ghaziabad, IMI New Delhi, Great Lakes Chennai, K J Somaiya Mumbai, BIMTECH Greater Noida, SDMIMD Mysore offer PGDM Executive courses within Delhi, Mumbai, Bangalore, and many other cities.
To summarise the differences between EMBA in India and One Year MBA in India, look at this table below.
Executive MBA vs. One Year MBA They are 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
Variable from 15 months to a bit longer
Minimum Work Ex Required
5 Years for IIMs, 2 Years for ISB/Great Lakes
Generally speaking, 10or more years. Generally, 10+
Admission
GMAT/GRE required. Rigorous process.
Profile-based. GMAT generally is not required
Executive MBA Fees in comparison to a 2-year MBA
High
Much Higher
Placement Assistance
Yes
No
As you can see in the chart above, the difference between an Executive MBA and 1-year MBA is apparent. The One-year MBA offered from IIMs, ISB, XLRI is a completely residence-based program Executive MBA like ISB PGPMAX is a program that can be modular targeted at executives in the upper levels.
Published on: 2022-02-24 10:28:13
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