Best Executive MBA Programs | Master of Business Administration Courses
Executive MBA Programs (Master of Business Administration)
About Master of Business Administration
MBA is arguably the holy grail of higher studies and is usually the next step after BBA. Its demand and popularity is such that it needs no introduction at all. A majority of the working professionals have the ambition of getting an MBA degree and many quit their jobs just to fulfill it.
That is now a thing of the past as you can do a proper MBA and simultaneously work at the same time, all thanks to online Executive MBA programs. It's similar to the on-campus course which is also a 2-year program. An MBA graduate is considered to be a high-quality entrepreneur with solid management skills and the vision that is required to be a part of the higher management of an organization.
There are many fields of specialization in MBA that include HR management, international business, retail management, marketing and sales and hospitality management among others.
Average fees
The average course for a distance executive MBA courses range from 32,000 to 2,00,000 depending on the
institute.
Eligibility Criteria
Graduation is compulsory as candidates with Diplomas are not accepted. Additionally, a few institutes have a cut off percentage which is 50% in your degree for the general category. The cut off comes down to 45% if you are from the reserved category.
Along with the aforementioned requirements, few institutes even consider MBA entrance exam test scores such as XAT, MAT, CAT, CMAT, NMAT etc. Indira Gandhi National Open University (IGNOU) needs you to qualify in OPENMAT, which is an aptitude test necessary for management programs. NIIMS and Amity University Online are the few exceptions who don't require entrance tests and have a relatively relaxed set of rules.
The conditions are different for every institute. Some need you to have a minimum of 3 years of experience in order to stand a chance of landing a seat while others just need you to go through certified entrance exams.
Specializations
An MBA in itself is an advanced study in any respective field even though it does come with a wide range of different variations to choose from. The popular ones of the lot are:
Finance
Executive
Marketing
Operations Management
Insurance Management
International Business
Agro-Business
Aviation Business
Executive
Corporate Governance
Human Resources
Biotechnology Management
Operations Management
Hospital and Healthcare Management
Banking Services
Insurance Management
Information Systems
Supply Chain Management
Retail Management
Information Technology
Syllabus
The course structure for a distance exicutive MBA program is contrasting in nature when compared to the on-campus program. We've taken IGNOU's structure here as it is pretty comprehensive and more or less similar to the approach adopted by other colleges offering executive MBA programs.
Apart from the compulsory subjects, the candidate has to choose one of the five specialisations given below out of which any five topics can be picked:
Human Resource Management
Social Processes and Behavioral Issues
Human Resource Development
Human Resource Planning
Employment Relations
Managing Change in Organizations
Organizational Dynamics
Wage and Salary Administration
Financial Management
Working Capital Management
Capital Investment and Financing Decisions
Management Control Systems
Security Analysis and Portfolio Management
International Financial Management
Management of Financial Services
Operations Management
Operations Research
Project Management
Production/Operations Management
Management Information Systems
Logistics and Supply Chain Management
Materials Management
Maintenance Management
Management of R&D and Innovation
Marketing Management
Consumer Behavior
Sales Management
Product Management
International Marketing
Marketing of Services
Marketing Research
Management of Marketing Communication and Advertising
Rural Marketing
Retail Management
Financial Markets Practice
Equity Markets
Equity Derivatives
Commodity Markets
Currency and Debt Markets
Professionals in Financial Markets Practice
Labor Laws
International Human Resource Management
Compulsory Subjects
Management Functions and Behavior
Management of Human Resources
Economic and Social Environment
Accounting and Finance for Managers
Management of Machines and Materials
Marketing for Managers
Information Systems for Managers
Quantitative Analysis for Managerial Applications
Managerial Economics
Organizational Design
Development and Change
Strategic Management
Salary/pay scale
It's no secret that an astronomical hike in an annual package is one of the primary reasons why many graduates opt for an MBA. The lowest that an MBA graduate can pull in annually is 8 lakhs per annum which can go up to a mind-boggling 40 lakhs per year. In reality, there is no maximum cap as sky is the limit if you find yourself rising fast in the food chain of an organization especially after doing executive MBA.
