In certain organisations, it is very difficult to reach senior level positions without an MBA. Equipped with executive management education, candidates can breach the ceilings.

There’s a rising trend of Executive MBA and one-year MBA programmes in India. Meant for working professionals with more than five years of experience, executive MBA programmers are ideal for people in middle management or top positions.

According to GMAC surveys, Executive MBA programs are on a rise. Most of these programmers are offered to candidates with substantial experience. In US and UK, a typical MBA class has students in the age group of 25 to 35. In India, for senior-level executive programmes, the batch age is something around 10 to 25 years.

There are three main advantages of executive management programmes:

• Career Progression
• Higher Remuneration
• Career Shift
• New Skills
• Leadership roles
• Perspective

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Career Progression

Candidates can also expect a significant growth in their field of work after pursuing this programme. For instance, if someone is working as a Product Manager in an e-commerce firm, they can expect to be absorbed in much senior position in the chain.

Remuneration

The commensurate salary after an executive MBA or one-year MBA is expected to witness a good jump. If a candidate graduates from a top business school, the overall compensation can go up by more than 60%.

Career Shift

Let’s take an example to explain this point. A certain person is working a senior technical engineer in an IT firm. This person has about eight years of experience. He goes on to pursue a one-year MBA. Post the course, the candidate decided to quit his field of work and join finance domain. This candidate will be able to make this significant career shift, thanks to the executive management education.

However, shifting careers may get difficult for some executives. “One can opt to change industry or role after EMBA or one-year MBA. But someone, with more 10 years of experience, is trying to shift to a completely new field, it’s not an easy game. The switch is going to be quite difficult but not totally impossible. One will have to start afresh in such cases. Many candidates are not comfortable with it,” says Partha Sarathi Mukhopadhyay, EPGP batch 2014, Indian Institute of Management – Bangalore.

New Skills

From an employer’s perspective, EMBA candidates bring years of experience and domain knowledge on the table. With the help of the one-year programmes, one can evolve to much senior positions. From a candidate’s perspective, MBA is a life altering experience. One absorbs and learns new skills and expands knowledge. Networking with peers and industry stalwarts improves tremendously. The course helps one discover their untapped zones and helps succeed in the business world.

Leadership roles

One of the chief lessons of an MBA programmes is leadership. Candidates are groomed to be future leaders and CEOs. In executive and one-year MBA programmes, there’s quite a high emphasis on this. Some of the qualities that students pick up such courses are good foresight, ability to judge talent, teamwork and good communication. The best part is, after a few years of experience, one is equipped to handle both disappointment and success in a better way.

Perspective

Perspectives evolve after pursuing one-year management course. Executives learn to look at aspects from fresh viewpoints – such as financial, operation and marketing perspective. One learns to analyse the bigger picture that involves the company’s goal and profits.

One-year management programmes comes packed at an opportunity cost half of that of two-year fulltime MBAs. Top business schools in country also provide proper placement assistance.

In India, executive with five to ten years of experience opt to pursue such type of programmes. Senior executives with more than 10 years of experience opt for even leadership courses or programmes for senior executives.

Most of the colleges offering such MBA programmes accept GMAT scores during admission. Some conduct their own written and psychometric tests. Some schools also accept CAT and XAT scores. Executives need to check the admission criteria thoroughly before selecting a college.

In India, some of the top colleges offering one-year MBA courses are:

Candidates can hope to go through a career transformation post the one-year degree. One can look at various factors with newer perspectives, and handle problems with strategic planning. Executive learn their strengths and weaknesses and learn to utilise them accordingly.

New-age EMBA programmes

To accommodate, the rising demand of executive and one year MBA programmes, several B-Schools are now launched satellite, online and part-time courses. In part time courses, candidates need to devote their weekends or evenings. In online and satellite courses, the classes are generally held in virtual classrooms. These courses cost a fraction of the one-year programmes. It’s also easier to take admission in these programmes.

Author Bio

This article has been published by Ajit Dash. He is the founder of TechTrickPoint, enthusiastic about Online Marketing. As a Senior Web Analyst, he loves to develop Digital Marketing and and social media entrepreneur Plans also.

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