Are you an ambitious professional who is looking to accelerate his career and enhance his
leadership skills? If so then an Online Executive Master of Business Administration (EMBA) could be the best choice for you. In this comprehensive guide, we will delve more into Online Executive MBA programs, including their admission process, eligibility criteria, curriculum, placement opportunities, fees, and more.
What is an Online Executive MBA?
An Online Executive MBA is a specialized degree course, specially tailored for mid to senior-level working professionals with relevant industry experience. The online version of this program is designed to provide them with an in-depth understanding of business management while continuing their jobs.
Online Executive MBA: Eligibility Criteria
Educational Background: Candidates who seek admission in the online EMBA program must hold a bachelor’s degree with 45% to 50% aggregate marks, from a recognized university or institution.
Work Experience: Admission to online executive MBA programs is given to those candidates who have a minimum of 2-3 years of industry-related work experience.
How Online EMBA Differs from a Regular MBA?
Both online EMBA and regular EMBA provide in-depth knowledge related to business and management subjects and they both are accredited by UGC, but they differ on the target audience and the class structure. In a regular EMBA, candidates need to devote their full time while an online EMBA, can be pursued by working professionals and students who wish to balance their studies with other work commitments. Unlike regular on-campus classes, Online EMBA includes flexible online classes.
Is there an Entrance Exam Conducted for an Online Executive MBA?
While not all EMBA colleges require an entrance exam, some of the top institutions offer admission in this program through the scores of the following exams:
- CAT
- XAT
- MAT
- NMAT
- SNAP
- GMAT
- GRE
Curriculum of Online Executive MBA Program
The curriculum of Online EMBA typically includes a mix of business-related core subjects, electives, and real-time projects. Some of the basic core subjects of EMBA are:
- Financial Management
- Strategic Management
- Managerial Economics
- Operation Management
- Marketing Strategy
- Business Ethics
- Supply Chain Management
- Business Analytics
- Negotiation and Conflict Resolution
- Product Management
- Entrepreneurship
- Global Business Environment
Online Executive MBA: Fee Structure
The program fee for an online EMBA is more costly as compared to a traditional MBA and the fees may vary in different universities. The average fee for EMBA ranges from Rs.1,50,000 to Rs.4,50,000 and for international students the fee is around $1500. Some institutions provide various scholarships, grants, and flexible payment options to eligible candidates. Prospective students should explore these opportunities before seeking admission to the program.
Top Colleges Offering Online EMBA Program in India
- IIM Calcutta Fee: ₹31 L
- IIM Banglore Fee: ₹31.46 L
- IIM Ahmedabad Fee:₹31.50 L
- ISB Hyderabad/Mohali Fee:₹38 L
- IIM Kozhikode Fee:22.50 L
- XLRI Jamshedpur Fee:₹23.15 L
- MDI Gurgaon Fee:₹16.41 L
- SPJIMR Mumbai Fee:23.50 L
- ISB Fee:41.63 L
- Mahindra University Fee:₹24 L
- IIT Delhi Fee:₹11.70 L
- IIM Indore Fee:₹22 L
Job Profiles After Online EMBA
After completing an online EMBA, candidates can get lucrative career options with competitive salary packages. Graduates of EMBA will be well-positioned to take up executive roles in various business sectors. Some of the popular job profiles are:
- Chief Executive Officer (CEO): Salary Range: ₹40 lakhs to ₹2 crores per annum
- Chief Financial Officer (CFO): Salary Range: ₹30 lakhs to ₹1.5 crores per annum
- Director of Operations: Salary Range: ₹13 lakhs to ₹80 lakhs per annum
- General Manager Salary Range: ₹15 lakhs to ₹1 crore per annum
- Strategy Consultant: Salary Range: ₹11lakhs to ₹40 lakh per annum
- Business Analyst Salary Range: ₹5 lakhs to ₹15 lakh per annum
- Chief Human Resource Manager Salary Range: ₹10 lakhs to ₹1.5 crores per annum
- Product Manager Salary Range: ₹12 lakhs to ₹40 lakhs per annum
- Marketing Manager Salary Range: ₹10 lakhs to ₹30 lakhs per annum
- Business Development Manager Salary Range: ₹8 lakhs to ₹25 lakhs per annum
Top Recruiters
- Bain & Company
- McKinsey & Company
- Accenture
- Delloite
- Goldman Sachs
- HSBC
- Morgan Stanley
- Amazon
- Microsoft
- Citi Bank
- Pfizer
- Unilever
- Cadbury
- Nestle
- Walmart
- IBM
- Infosys
- Flipkart
- OLA
- Shell
- BMW
- Volkswagen
Is Online Executive MBA Worth It?
Pursuing an Online EMBA can be potentially beneficial for you. According to the EMBA Council Report, 40% of students get a promotion while still in the program. EMBA has several benefits for your future career, some of the benefits are:
- Skill Enhancement: The EMBA curriculum is designed to provide an in-depth understanding of business operations, leadership skills, strategic skills, analytical skills, and decision-making skills which enhance the candidate’s work profile.
- Career Progression: An EMBA program significantly boosts future career options. A candidate enrolled or who has completed their EMBA has seen a 50% hike in their career.
- Networking: EMBA helps individuals forge valuable connections with a diverse group of experienced professionals.
- Global Exposure: Most of the EMBA programs incorporate international modules through which they provide global exposure to international business practices and markets.
- Knowledge Expansion: The curriculum of EMBA gives a comprehensive understanding of the broad range of business-related subjects such as finance, marketing, business environment, and operations, which can be applied to cater to real-world programs.
- Flexibility: The EMBA program is tailored for the experienced working professionals. The course is designed to accommodate their work commitments. Weekend classes or virtual classes are provided to them so that they can balance their study and work commitments.
How Does College Vidya Help?
College Vidya is an advanced ed-tech portal specialized in providing online and distance learning courses. With an impressive array of 100+ UGC-DEB universities and institutions, CollegeVidya stands out as a trusted guide for offering you personalized assistance in choosing the right college for you. Let’s look at the captivating features that make it outshine:
- Compare: With this feature, you can explore and compare over 100+ universities and institutes based on factors like program cost, accreditation, curriculum, placement history, and more.
- Counsel: With this feature, you can experience a hassle-free admission journey with the help of a team of 2500+ experts who are 24/7 available to solve your study and course-related queries.
- Connect: They have a lively CV community where you can connect with your peers, alumni, and faculty members globally where you can share experiences, gain insights, and foster a network for future collaborations,
- Post-admission Services: You can also avail and enjoy post-admission services like advanced LMS for a seamless learning experience and placement and career planning assistance.
Conclusion
Opting for an online executive MBA can be a game-changer for your career. EMBA is a highly desired program among experienced working professionals who want to advance their careers, gain new business-related skills, and expand their professional networks. Alike every other career choice, it is essential to thoroughly research the colleges and programs offered their fee structure, accreditation, and more. It is also important to consider your professional goals and circumstances before choosing this exciting learning journey.
