Executive MBA programs are on the rise in India. Students as well as employers are gradually warming up to the American-made qualification in the subcontinent. While full-time MBA programs still remain the most preferred option for Indian students, as much as 19 per cent of Indian candidates now actively consider applying for Executive MBA programs, reports suggest.
According to Jaro Education, a leading online education provider based in Mumbai, there are numerous advantages that come with pursuing an Executive MBA in India: lower fees, high-quality cohorts, online learning, and excellent job prospects.
Who should pursue an Executive MBA?
An Executive MBA degree is best suited for mid-career working professionals, often with a minimum of 2to7 years of work experience— people who are looking to gain strategic insight, develop leadership and management skills, and enhance their decision-making abilities.
“Executive MBA programs enable participants to stay one step ahead of their peers, and boost their managerial acumen. This way, they can achieve higher roles in the corporate world, or drive their own business,” explains a faculty member from Jaro Education.
Unlike full-time MBAs taken on campus, Executive MBA’s do not require candidates to quit their jobs. These are, therefore, generally longer, with participants taking classes in the evenings and/or at the weekend. This also enables them to apply all what they have learned immediately at the workplace.
What is the career scope of an Executive MBA program in India?
The career scope is generally impressive, thanks to India being a large economy and its job market. “Our country is seeing unprecedented growth in almost every sector. There is a great growth and learning opportunity for any individual who wants to succeed in this market,” quips an expert from Jaro Education.
What is the future of Executive MBA in India?
The future thus looks bright for Executive MBA programs in the country. As many Indians value job security, these programs are gaining more popularity than ever, since they can be pursued part-time as well as via distance learning, so students do not need to leave the job market or forgo a salary.
According to an expert at Jaro Education, there is a continuous increase in the quantity of applications for these programs, as well as the demand for them. “Executives with a few years of work experience are now swiftly waking up to the reality that an Executive MBA from a premier institution will help them in climbing up the corporate ladder and may aid a career shift as well,” he said.