Resting on your laurels in this cutthroat competitive world can be very risky. When the world is changing at such a fast pace, it is very important to keep yourself abreast of these changes. Hence, it is essential for rising managers to measure how far they have come and where they want to go. It is also beneficial for them to identify areas of improvement and to improve them. As they enter their 30s, many managers get tired of their role and are looking for something new and challenging to add to their profiles.
The executive MBA- the basic MBA course that has become synonymous with executive education- helps managers to change their streams and put their careers on the fast track.
Types of executive MBAs -:
1) Regular Executive MBA: For those who are not tied up with money constraints and have a stable job, you can take a study sabbatical and apply for such a program. An executive MBA residential program takes 12 to 15 months.
2) Weekend programme: Want to enhance your career prospects, but you can`t leave your job, then you can pursue an executive MBA where the classes are held on the weekends.
3) Short programmes / Open course: These programmes range from 3 days to 2 weeks. Once you have a basic MBA and direction in your job profile, these courses provide focus bursts of learning in chosen area & a way to stay engaged with latest trends and best practices of their fields.
4) Online MBA: In India, some of the leading b- schools like IIM Ahmedabad, IIFT, IIT Delhi have taken the initiative of offering online MBA courses in India.
Experts say at times one-year executive MBA program is better for working professionals in India. These courses maybe demanding, but it is value for money.
Many organisations have tie-ups with management institutes, especially IIMs, for six-month general management programmes. However, these programmes are tailored to the company you work in.
Benefits
Gives you a knowledge edge over others
Keeps you engaged with your profession
Enriches your macro view of business
Enhances your growth and promotion prospects
Broadens your circle of network
On the basis of quality, variety and relevance, Outlook Business has listed 8 courses for rising managers. From young executives to CEOs, from bankers to defence officers, these courses have plenty to offer India Inc managers and enable them to move up the ladder in the industry.
Best EXECUTIVE MBAs in India
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Executive MBA programs
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Institute
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FEES
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International Programme in Management for Executives
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IIM Lucknow (Noida campus)
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Rs 14 lakh
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National Management Programme
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Management Development Institute, Gurgaon
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Rs 5.14 lakh
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Executive PG Diploma in Business Management
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Narsee Monjee Institute of Management Studies, Bangalore
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Rs 6.5 lakh per year
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Post Graduate Diploma in Management (Executive)
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Institute of Management Technology, Ghaziabad
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Rs 6.6 lakh per year
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Post-Graduate Global Executive Program in Management
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Great Lakes Institute of Management, Chennai
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Rs 6 lakh
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Executive MBA weekend programme
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Symbiosis Institute of Business Management, Pune
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Rs 50,000 per semseter
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Post-Graduate programme in Business Management for Working Managers
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IIM Lucknow (Noida campus)
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Rs 4.2 lakh
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Executive PG Diploma in International Business
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Indian Institute of Foreign Trade
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Rs 4.5 lakh
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