Best Executive MBA Programs in India

As the business landscape evolves rapidly, pursuing an executive MBA program can be the right choice to upgrade your academic qualifications. It’s a popular choice in India, and professionals who have taken up the EMBA program have enhanced their management and leadership skills without quitting their careers.

With its rising economy and business sector, India offers numerous EMBA programs that cater to the needs of senior executives. This blog will discover the best executive MBA programs in India and also emphasise their key importance, advantages, and institutes for the best executive MBA programs for your career upliftment.

About Executive MBA

An executive MBA, a two-year program designed for working professionals with five years of managerial experience, offers a wealth of benefits. These include the opportunity to continue working while studying, a diverse class profile, and a curriculum that prepares leaders for both intrapreneurship and entrepreneurship.

It’s a popular postgraduate program in India, opening up a plethora of job and entrepreneurial opportunities for deserving candidates.

Why Pursue an Executive MBA?

Given below are the powerful reasons why an Executive MBA can be the right choice for you:

Build the new business environment and effective skills: The market has changed tremendously in recent years, and business leaders with key experience need to enhance their perspectives.

Develop a network of expert professionals: All the executive MBA participants have broad and rich industries. It’s great to adopt connections with professionals across multiple sectors, even across borders.

Have entrepreneurial skills: An executive MBA Program is designed to master the strategic management of organisational issues and prepare leaders for intrapreneurship and entrepreneurship.

High Return on Investment: An Executive MBA is not just an academic pursuit; it’s a strategic investment in your future. While an MBA benefits you similarly, its curriculum may not align with your experience level. When you reach top senior positions, the potential salary hikes decrease significantly.

Adding credentials like an executive MBA to your profile will help you with a higher pay scale and more enormous job responsibilities, ensuring a high return on your investment.

Key Benefits of the Executive MBA Programs

Now, let’s delve into the key benefits of pursuing an executive MBA program.

Placement Opportunities: Generally, students start their MBA Program in junior and middle management roles. However, executive graduates are offered senior positions depending on their educational and career backgrounds.

Exposure: The executive MBA Programs are based on professionals, middle, and senior management, which brings diversity to the work profile and contributes to a broad learning environment. They also offer theoretical and practical concepts to reflect upon.

Networking Opportunities: The variety of profiles from multiple industries around the globe gives students and professionals excellent opportunities to develop and build connections to gain hands-on experience and knowledge.

Develop Leadership Skills: The best executive MBA programs offer management skills to help build and nurture future leaders.

Discovering the Best Executive MBA Programs in India

Here are the best executive MBA programs in India. Let’s understand briefly.

1. Top IIM for Best Executive MBA Programs

Here are the best executive MBA programs in India. Let’s understand briefly.

Top IIM	Eligibility Criteria	NIRF Ranking	Full-fees in INR
IIM Ahmedabad	Graduation in any degree with a minimum of 50% marks. Valid five years of work experience.	1	32,00,000
IIM Kozhikode	Graduate from any discipline with a minimum of 50 % marks. Valid three years of work experience.	3	4,00,000
IIM Indore	Graduate from any stream with a minimum of 50% of marks. Valid five years of work experience is required.	8	22,00,000
IIM Calcutta	Graduation in any discipline with 50% of marks Five years of valid work experience is required.	5	31,00,000
IIM Lucknow	Completion of graduation degree with a minimum of 50% of marks. Three years of work experience is needed.	7	20,00,000
IIM Udaipur	Graduates with 50% marks in any degree are eligible. Three years of work experience.	22	20,00,000

2. Popular Private Universities for Best Executive MBA Programs

Listed below are the private universities that offer the best executive MBA programs.

Private Universities	Eligibility Criteria	NIRF Ranking 2024	Full-fees in INR
Great Lakes Institute of Management	UG Degree with minimum 50% of marks. 5 Years of work experience is required.	52	12,00,000
IMI New Delhi	Candidates must have graduated with 50% of their marks from a recognised university. Three years of work experience is required.	40	8,0,0,000
NMIMS Mumbai	Bachelor’s degree in any stream from a well-known university. Three years of work experience.	21	4,00,000
IIFT Delhi	3 Years of bachelor’s degree from a recognised university with 50% of marks. Five years of work experience.	15	4,00,000
IMT Ghaziabad	Graduation in any discipline with 50% marks. Five years of work experience.	35	23,00,000
FMS Delhi	Minimum 45% of marks in Graduation. Five years of work experience.	–	2,00,000
XLRI Jamshedpur	Graduation degree from a recognised university with a minimum of 50% of marks. Five years of work experience.	9	5,00,000

Please Note: The fees mentioned above are subject to change. For more information, you can check the Hike Education website for in-depth details about the program.

Entrance Exam Required for the Best Executive MBA Programs

Let’s check which entrance exam is required to qualify for the executive MBA programs.

CAT: The common admission test is one of the standard tests in India for getting admission to an MBA program in top IIMs and other top universities.

XAT: XLRI Jamshedpur conducts the Xavier Aptitude Test to get MBA admission into its management program and other universities in India.

MAT: Management Aptitude Test is conducted by AIMA and is widely accepted by top universities and B-Schools across India.

CMAT: The common management admission test is conducted by the NTA ( National Testing Agency), which is widely approved by AICTE institutions.

ATMA: AIMS conducts the AIMS Test for Management Admission, which is also recognised by many universities for MBA admissions.

GMAT: The graduate management admission test is an international exam accepted by top business Schools worldwide for MBA and other management programs.

NMAT: GMAC conducts the NMIMS management aptitude test for MBA admission at NMIMS and other associated universities.

How to Choose the Best Executive MBA Programs in India?

Selecting the right EMBA program can significantly impact your career. Here’s what you should consider:

Reputation and Accreditation: Select a university that is recognised and accredited by bodies such as AICTE, AACSB and AMBA. Accreditation ensures that the Programs meet international standards and provide a quality education.

Curriculum and Specialisations: Check for the curriculum that aligns with your career goals. Some Programs may offer different specialisations in areas such as marketing, business analytics, finance, operations, sales, international business, etc. Consider if these courses align with your professional aspirations.

Faculty and Pedagogy: Ensuring the quality of faculty is important. Experienced professors with industry experience and knowledge can provide you with practical insight and mentorship to help you understand comprehensively. Research the faculty profiles and teaching methodologies they use in their Programs.

Peer Group and Networking: The best executive MBA programs are more about learning from peers and faculty members. A broad peer group can enhance your learning knowledge through shared experiences and perspectives. Networking opportunities with industry professionals and alumni also positively add significant value to the lives of executive MBA professionals.

International Exposure: Some executive MBA Programs provide international modules and exchange Programs, offering worldwide exposure to broader perspectives on business management.

Return on Investment (ROI): Evaluating the ROI by considering factors such as Program fees, salary uplift post-completion and career advancement options. While the economic investment is substantial, the career benefits can help you outweigh the course costs.

Career Opportunities After Pursuing the Best Executive MBA Programs

Below are job profiles candidates can go for after completing their executive MBA programs.

Job Profile	Average Salary in INR
Finance Manager	17,00,000
Business Development Manager	10,00,000
Senior Test Engineer	11,00,000
IT Manager	15,00,000
Chief Marketing Officer	21,00,000
Technical Operations Manager	17,00,000
Chief Executive Officer	25,00,000
Area Operations Manager	10,00,000

Please Note: The salary above can vary depending on job profile, location and academic background.

Top Recruiters for Executive MBA Program

Below is the list of top recruiters for the executive MBA program.

Amazon
Apple
Tesla
JP Morgan
Nike
Pepsico
Microsoft
Goldman Sachs
Persistent
Atos

Conclusion

The best executive MBA programs are a combination of mid-level and senior professionals looking to upgrade their qualifications. This program offers an industry-based learning experience emphasising decision-making, case studies, and strategic management.

The program comes in multiple formats, and the universities listed above provide India’s top executive MBA programs. After evaluating your profile, you can choose any program that best suits your career goals.

Enrolling for an executive MBA can also help you earn a potential salary and guide you to enhance your management and leadership qualities. Join today with Hike Education and get free counselling and in-depth information about the course.

Best Executive MBA Programs: FAQs

Q1. Which universities have the best executive MBA programs in India?

The top universities that have the best executive MBA programs in India are:

– IIM Ahmedabad
– IIM Indore
– IIM Calcutta
– NMIMS Mumbai
– FMS Delhi

Q2. Is an executive MBA valid in India?

Indeed, pursuing an executive MBA in India can be a life-changing experience, especially if it is from renowned institutions like IIMs.

Q3. Is an Executive MBA worth the investment?

Yes, an EMBA can lead to career upliftment, potential salary increases and enhanced leadership opportunities. The ROI is significant and offers long-term benefits to working professionals.

Q4. Who are the top recruiters for executive MBA programs?

The top recruiters for executive MBA programs are:

– Apple
– Amazon
– Tesla
– JP Morgan
– Microsoft
– Pepsico
– Nike
– Goldman Sachs
– Persistent
– Atos

Q5. How does an Executive MBA differ from a regular MBA?

An executive MBA is designed especially for working professionals with 5 to 10 years of work experience and often offers a flexible learning mode to accommodate work responsibilities. A regular MBA is generally a full-time program and requires less work experience.