What is Executive MBA – Part Time?
Executive MBA – Part Time is the Master of Business Administration programme, which is offered only to the working executives. It is a postgraduate degree course of the duration of two years. However, its duration may vary according to the course coverage and the institution offering the course. While it may be of one and a half years in certain B-schools, others may conduct it over a period of more than two years. The executive programme in management is among the most demanded courses when it comes to the choice of working graduates. While the Executive MBA course is available on a full-time basis, those who are in jobs prefer to pursue it on a part-time basis.
Thus, the Executive MBA – Part Time programme does not have regular classes for students. The course may be conducted on alternate days in evenings or may be held on weekends, or even a combination of the two. The individual institutions choose days for classes under this programme. While some such courses are offered to any working graduates, others may be conducted on a corporate basis. This means that the specific student batches are created by selecting candidates from a particular organisation that collaborates with a B-school for the training of its employees. However, both types of executive MBA programmes are not mingled with each other.
The Scope of Executive MBA Programme
Those executives who may not be able to pursue MBA on a regular or full-time basis by leaving their jobs usually take up an Executive MBA course. However, they may want to grow up within their organisations by gaining effective managerial and leadership skills. For such candidates, the Executive MBA – Part Time course comes with a vast scope of career and promotional opportunities. The course focuses on imparting the governance skills that help executives in administering their work units, departments and companies proficiently.
Under the Executive MBA – Part Time course, candidates learn about the basic principles of managing businesses and organisations, marketing management, accounts and finance management, human resource management, corporate and executive communication, operations management, and research techniques in management. They also get a deep knowledge in the areas of international business, events management, IT management, business environment and markets, business ethics, and strategic planning and implementation. They can apply the knowledge gained from their course within their firms and display their managerial skills in order to move up on the corporate ladder.
Skills Required to Pursue Executive MBA Programme
Not every executive may aspire to pursue the Executive MBA – Part Time course. While it is important to have an interest in managing and leading a business, it is also important to have a passion for learning new skills. Along with it, candidates should possess the following qualities or skills to go ahead with an executive MBA programme:
Effective Planning and Organisational Skills
Orientation Towards Customer Service and Troubleshooting
Good Time Management
Good at Numbers and Analyses
Administrative or Supervisory Skill
Availability of the Part-Time Executive MBA Programme
While not all B-schools offer Executive MBA – Part Time programmes, there are several institutions, which provide this flexible management study programme to working executives. Following are some of the top B-schools that offer high-quality management education to experienced executives:
Indian Institute of Management (IIM), several locations
It is noteworthy that the above-mentioned B-schools and other management institutes offer the Executive MBA – Part Time course of varied duration. Most run the course by the semester system. The course fee in all institutes may also vary from around INR 1 lakh to more than INR 20 lakhs. It may depend upon the institute’s reputation and the quality and value of the course.