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

Teamwork Ability

Critical Thinking

Strong Communication

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

Faculty of Management Studies (FMS), University of Delhi, New Delhi

Symbiosis Institute of Business Management (SIBM), Pune

S. P. Jain Institute of Management and Research (SPJIMR), Mumbai

School of Business Management, NMIMS University, Mumbai

Indian Institute of Foreign Trade (IIFT), New Delhi

Alliance School of Business, Alliance University, Bengaluru

Jamia Millia Islamia (JMI), New Delhi

Narsee Monjee Institute of Management, Hyderabad

Xavier Institute of Management, Xavier University, Bhubaneswar

ICFAI Business School, Hyderabad

Loyola Institute of Business Administration, Chennai

Tata Institute of Social Sciences (TISS), Mumbai

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.

 

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Executive MBA Eligibility

To seek admission in the Executive MBA – Part Time course in any B-school, it is important to meet some basic eligibility criteria that are mentioned below:

The candidate must have a graduation degree in any discipline from a recognised university or institution.

The candidate must have secured a minimum of 50% marks in the qualifying exam. However, this condition may differ by institution and candidate category.

The candidate must be a working professional with a minimum of 2-3 years of work experience after completing graduation. Please note that the minimum experience requirement may slightly differ for certain institutions.

The candidate must have a valid score of CAT, CMAT, XAT, MAT or any such management entrance exam that is accepted by a specific B-school. It is critical for applicants to check with the institution regarding the exam scores it would accept. They will need to appear for the same entrance exam, which may include a written test, interview, and group discussion.

For any other eligibility criteria that an institution may have, candidates must check with the institution from where they plan to pursue the Executive MBA – Part Time course.

EMBA Specializations

The Executive MBA programme has several common and not-so-common specialisations available for students to pursue. They can learn about the specific domain and explore further career opportunities within that domain. The choice may also depend on the area in which a candidate is currently working. For instance, an HR executive may pursue the specialised course in HR, while an accountant may go for it in finance. Before we give you the details of some common specialisations, let us tell you about some uncommon or emerging fields of specialisation under the Executive MBA – Part Time programme.

New Specialisations

Transport and Logistics

Tourism Studies

Tour Management

Telecom

Supply Chain

Pharma

Hospital Management

Healthcare and Hospital

Business Analytics

Entrepreneurship

While the above-mentioned Executive MBA – Part Time specialisations are not available in many B-schools, you can find them in a few. By doing these specialised courses, you can find further growth opportunities within your current role and domain. You may also look for senior-level positions in other firms, as well as start your own business-consulting firm.

Other Common Specialisations

Executive MBA (Finance)

Professionals working in the field of finance and accounting can greatly benefit by this specialisation under the Executive MBA – Part Time course. The course not only offers learners an opportunity to interact with brilliant minds working in the same domain of finance but also lets them gain leadership and managerial skills to handle varied aspects of finance. They learn about aspects, such as business accounting and analysis, corporate finance, business economics, and investment management. The specialised finance programme also lets them know about business valuation, bank management, financial risk management, and financial planning and strategising.

Job Prospects: After completing the Executive MBA – Part Time course in finance, professionals can seek growth to higher positions within their organisations or new companies that hire finance managers, operations managers, and financial advisors or consultants. They can also earn high pay packages at such positions. The field opens a wide variety of career options in top multinational companies.

Executive MBA (Sales and Marketing)

To learn about a variety of marketing practices utilised in the commercial world, professionals go for the specialisation of sales and marketing (or marketing) under the Executive MBA – Part Time course. The course aims at providing industry-specific knowledge and skills to manage and lead the marketing programmes for corporates and businesses of all kinds. Professionals not only learn to think tactically and judge the market scenario in an experienced manner but they also attain a global perspective towards marketing of products and services.

Job Prospects: While a specialised Executive MBA – Part Time course in sales and marketing or simply marketing can help professionals grow and develop within their role, they can also find great job opportunities in all types of companies that market products and services of some kind. They can get into roles like sales manager, marketing manager, sales lead, marketing head, campaign manager, business development executive, brand consultant, etc.

Executive MBA (Human Resources)

The Executive MBA – Part Time course with a specialisation in Human Resources is appealing for all those professionals who deal with people. The course is all about people management and their performance optimisation. Professionals in this course can learn about the better management of organisational employees by understanding the managerial role and functions. They understand organisational behaviour in detail, including aspects of HR planning, employee motivation and productivity, stress management, leadership, and organisational culture.

Job Prospects: By pursuing a specialised course in human resources, professionals can work in managerial roles in their HR departments and lead the teams of recruiters, trainers, or HR executives. They can also enter similar leadership roles in almost any organisation in the corporate or manufacturing sector. They can grab positions like HR consultant, HR manager, training and development manager, recruitment manager, etc. Professionals in this field can also start their own recruitment consultancies or work as trainers.

Executive MBA (Information Technology)

The specialisation of Information Technology or IT under the Executive MBA – Part Time programme gives the knowledge of both IT and management to professionals. While they learn about all specialised domains of business management and administration, they also learn about the applications of technologies in these domains. From enterprise resource planning and business analytics to business intelligence and management information systems, professionals gain the knowledge in all areas of IT management.

Job Prospects: With a strong background in IT and management, professionals can make a great career in information technology firms and other tech-oriented companies. They can take up job roles, such as those of a project manager, business analyst, business development manager etc.

Executive MBA (Operations)

Those executives who especially work in the manufacturing sector can benefit greatly by pursuing the Executive MBA – Part Time course in Operations Management. It is very important to comprehend operations at a micro and macro level if executives have to progress within their firms. This specialised course in operations management gives them the required knowledge and skills to achieve operations excellence and manage the supply chain.

Job Prospects: After completing the specialised course in operations management, professionals can be more innovative in optimising the production, quality and profitability of a manufacturing firm. They can also train their current teams in achieving operational excellence. Operations managers are required in almost all manufacturing sector organisations. Thus, the scope is wide for professionals in this field.

Executive MBA (Retail)

Those with a good understanding of the commodities markets and market segments can find high value in the Executive MBA – Part Time course in Retail. The course trains them for effective retail operations management, retail planning, and strategic management. They also learn about the techniques of retail sales and product promotion, as well as international retailing and marketing of products through varied channels.

Job Prospects: By doing a course in retail management, professionals are able to offer improved leadership and management to the retail teams in businesses. While they can join retail and e-commerce firms, they can also become entrepreneurs. There are several positions available for retail professionals, including those of a regional manager, retail sales manager, store manager, branch manager, service manager, and international sales manager.

Executive MBA (International Business)

The Executive MBA – Part Time course in International Business is helpful to learn about the international trends in business, as well as the global level policies and regulations prevailing in international markets. Learners understand everything about the global business scenario, ranging from the legal aspects of the business to global competitiveness.

Job Prospects: By completing this course, professionals can work with major companies that are ruling the international business scene. They can fit the roles of marketing manager, sales manager, key accounts manager, national manager, and client relationship manager.

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