Executive MBA Programs (Master of Business Administration)

Best Executive Master of Business Administration Programs

About Master of Business Administration

MBA is arguably the holy grail of higher studies and is usually the next step after BBA. Its demand and popularity is such that it needs no introduction at all. A majority of the working professionals have the ambition of getting an MBA degree and many quit their jobs just to fulfill it.

That is now a thing of the past as you can do a proper MBA and simultaneously work at the same time, all thanks to online Executive MBA programs. It's similar to the on-campus course which is also a 2-year program. An MBA graduate is considered to be a high-quality entrepreneur with solid management skills and the vision that is required to be a part of the higher management of an organization.

There are many fields of specialization in MBA that include HR management, international business, retail management, marketing and sales and hospitality management among others.

Average fees

The average course for a distance executive MBA courses range from 32,000 to 2,00,000 depending on the institute.

Eligibility Criteria

  • Graduation is compulsory as candidates with Diplomas are not accepted. Additionally, a few institutes have a cut off percentage which is 50% in your degree for the general category. The cut off comes down to 45% if you are from the reserved category.
  • Along with the aforementioned requirements, few institutes even consider MBA entrance exam test scores such as XAT, MAT, CAT, CMAT, NMAT etc. Indira Gandhi National Open University (IGNOU) needs you to qualify in OPENMAT, which is an aptitude test necessary for management programs. NIIMS and Amity University Online are the few exceptions who don't require entrance tests and have a relatively relaxed set of rules.
  • The conditions are different for every institute. Some need you to have a minimum of 3 years of experience in order to stand a chance of landing a seat while others just need you to go through certified entrance exams.

Specializations

An MBA in itself is an advanced study in any respective field even though it does come with a wide range of different variations to choose from. The popular ones of the lot are:

Syllabus

The course structure for a distance exicutive MBA program is contrasting in nature when compared to the on-campus program. We've taken IGNOU's structure here as it is pretty comprehensive and more or less similar to the approach adopted by other colleges offering executive MBA programs. Apart from the compulsory subjects, the candidate has to choose one of the five specialisations given below out of which any five topics can be picked:

Human Resource Management

  • Social Processes and Behavioral Issues
  • Human Resource Development
  • Human Resource Planning
  • Employment Relations
  • Managing Change in Organizations
  • Organizational Dynamics
  • Wage and Salary Administration

Financial Management

  • Working Capital Management
  • Capital Investment and Financing Decisions
  • Management Control Systems
  • Security Analysis and Portfolio Management
  • International Financial Management
  • Management of Financial Services

Operations Management

  • Operations Research
  • Project Management
  • Production/Operations Management
  • Management Information Systems
  • Logistics and Supply Chain Management
  • Materials Management
  • Maintenance Management
  • Management of R&D and Innovation

Marketing Management

  • Consumer Behavior
  • Sales Management
  • Product Management
  • International Marketing
  • Marketing of Services
  • Marketing Research
  • Management of Marketing Communication and Advertising
  • Rural Marketing
  • Retail Management

Financial Markets Practice

  • Equity Markets
  • Equity Derivatives
  • Commodity Markets
  • Currency and Debt Markets
  • Professionals in Financial Markets Practice
  • Labor Laws
  • International Human Resource Management

Compulsory Subjects

  • Management Functions and Behavior
  • Management of Human Resources
  • Economic and Social Environment
  • Accounting and Finance for Managers
  • Management of Machines and Materials
  • Marketing for Managers
  • Information Systems for Managers
  • Quantitative Analysis for Managerial Applications
  • Managerial Economics
  • Organizational Design
  • Development and Change
  • Strategic Management

Salary/pay scale

It's no secret that an astronomical hike in an annual package is one of the primary reasons why many graduates opt for an MBA. The lowest that an MBA graduate can pull in annually is 8 lakhs per annum which can go up to a mind-boggling 40 lakhs per year. In reality, there is no maximum cap as sky is the limit if you find yourself rising fast in the food chain of an organization especially after doing executive MBA.

Job profiles

Chief Financial officer, Vice President, Senior Business analyst, Chief Executive officer, Chief Operating Officer, Senior Marketing Manager

Recruiting companies

Deloitte
Google
Amazon
Cognizant
Accenture
Wipro
Infosys
IBM
Deloitte
Google
Amazon
Cognizant
Accenture
Wipro
Infosys
IBM