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PROS & CONS
OF EXECUTIVE MBA
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PROS & CONS OF EXECUTIVE MBA
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IntroductionPg 3 3
Advantages of Full Time Executive MBA 4
Disadvantages of Full Time Executive MBA 6
Advantages of Part Time Executive MBA 7
Disadvantages of Part Time Executive MBA 9
Recommended Products 10
CONTENTS
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After reaching the mid-level of career, professionals often feel a void or
lack of opportunities to boost their career. Those who have completed
more than 3 years in a particular field often get stuck in a particular role
owing to lack of managerial degree and experience. At this stage, pro-
fessionals often contemplate going for Executive MBA.
Even after deciding to go for Executive MBA, you might get into a dilemma on
whether to go for the programme’s full time mode or par t time. Here we bring to
you the pros and cons of both – Part Time Executive MBA and Ful l Time Execu-
tive MBA, so that you can choose wisely.
Let us draw a comparative analysis of both the modes in terms of their Pros
and Cons in order to guide you in the process of your decision making.
INTRODUCTION
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As the name suggests, for Full Time Executive
MBA you have to take break from work to stay
in the campus. This mode is suitable for those
who are planning to take a sabbatical or break
from work or shift career path.
Let us list down the Pros or the advan-
tages of pursuing the full time Executive MBA.
Focused way of learning –
The main advantage of pursuing the programme in Full
Time mode is that you get to focus on the course with-
out having to think about your professional commit-
ments or other distractions. Owing to the hectic class
schedule and rigorous pedagogy including projects,
seminars, case studies, all it requires is to pay 100%
attention towards the programme.
Corporate sponsorship –In order to maintain the talented pool of employees,
companies often take measures which are beneficial
both for the employees as well as the organization. To
ensure the growth opportunities for the employees, the
companies offer corporate sponsorship for pursuing
Executive MBA programmes. They are also expected
to join the same organization in a senior position and
role after the completion of the programme. Such
students are exempted from participating in the place-
ment process as well.
Regular interaction with peers and faculty members –Being a part of the full time programme, the students
get ample scope to interact with the diverse pool of
ADVANTAGES OF FULL TIME EXECUTIVE MBA
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PROS & CONS OF EXECUTIVE MBA
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peers who come from different educational and profes-sional backgrounds. This interaction in itself is a mas-
sive knowledge enhancer. Being a part of the full time
programme doubles the chance. Moreover, the top
B-schools offering full time Executive MBA programme
give the opportunity to interact with corporate leaders
through guest lectures, industry visits etc. This net-
working opportunity not only helps the students gaining
the management quotient and leadership quality, but
also enriches their contact which can be utilized for
meeting career goals as well.
Exposure –Each top B-School offers a unique edge to the Execu-
tive MBA students to make the programme worth the
experience and investment. Majority of the institutes
offer international exposure either through exchange
programmes or through international immersion through
project work. Industry exposure is another coveted
aspect offered by B-schools like IIM Bangalore, ISB
Hyderabad where the students have to spend certain
part of the course in a particular organization and exhibit
their learning outcome by applying the same for solu-
tion to real-life problems.
Placement – After the completion of the 1 year full time programme,
placement process is conducted for those participants
who aim to shift from their previous organization orcareer path. Needless to say, the offers made by the
organizations would be much escalated compared to
their previous role.
That feeling of going back toschool –
There is a student in all of us and no matter how high
we have climbed up the corporate ladder, the yearning
to go back to school hardly defuses. Although average
Indians consider post-graduation followed by a well-paid job as their professional goal, professionals or
working executives with the eternal urge to learn hardly
ceases an opportunity to go back to school for another
achievement. What better opportunity to go back to
the campus of a top B-School than enrolling into a full
time Executive MBA? The very thought of classroom
filled with peers from diverse backgrounds, lectures
from highly experienced professors, project works, and
not to mention, hostel life is enough to motivate to apply
for the coveted programme.
Now that we have analysed the positives
of the full time Executive MBA programme, it
is time to peep into the other side of the coin.
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DISADVANTAGES OF FULL TIME EXECUTIVE MBA
Gap in work for a year –It is not possible to pursue the full time programme
along with a regular job. The very condition to opt
for this mode is to take a break from work for at least
a year. Although the students and alumni members
vouch for the credibility in programme, there would be a
gap in your professional experience for a year nonethe-
less. If you are planning for a career change or go for
entrepreneurship or getting a corporate sponsorship,
going for the Part Time mode would be more feasible
for you.
Rigorous curriculum - The full time MBA, which is conducted for 2 years,
is crunched into a year in the full time 1-year EMBA.
Needless to say, how rigorous the programme would
be. Given the fact that the curriculum is designed for
the mid-level professionals, the burden of courses and
the electives is vast. After the classes, projects and
assignments, the students are hardly left with time to
pursue other interests.
High Fee structure -
The fee for the full time Executive MBA programmes
at top B-schools ranges from Rs. 14 lakh to Rs. 25
lakh. Undoubtedly, the fee for the full time Execu-
tive MBA programmes would be higher compared to
the Part Time programmes owing to the factors like
higher number of contact hours, diverse curriculum,
residential programmes etc. Apart from the corporate
sponsorship, the students mostly rely on their personal
savings and loan.
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ADVANTAGES OF PART TIME MBA
Part Time Executive MBA classes can be taken
alongside work as they are scheduled either
on the weekends or in the evening hours. The
major advantage of this mode is that the pro-
fessionals can earn an MBA degree without taking a
break from existing job.
The Part Time mode of the Executive MBA pro-
grammes can be further classified into the following
categories depending on the method of offering it.
Evening classes – The classes are held throughout the week. During
weekdays, the classes are offered during the evening
hours; and in the morning or afternoon in the week-
ends.
Weekend classes– For this mode, the classes are held only during the
weekends and not on weekdays. The hours of the
study may vary from institute to institute.
Online classes–This mode is a combination of online and classroom
teaching. While majority of the course is delivered
through video lectures, e-study materials etc. the stu-
dents spend a stipulated duration of the term in the
campus as well.
Let’s now look at the advantages of the
Part Time Executive MBA programmes.
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Flexible class hours – As shared in the above paragraph, the Part Time
Executive MBA mode gives you enough flexibility to
choose the class timings so that you do not have to
hamper your work schedule.
Continue working while learning – The biggest plus point of this mode is that you do not
have to take a break from your work for obtaining the
Executive MBA qualification. All you have to do is to
dedicate some hours for your classes in a week orduring the weekend and rest of the responsibilities and
commitments can be met in its usual schedule.
Practical application of learning atwork place –
You may rue over the fact that the students of this
mode do not get internship opportunities or to par-
ticipate in the project works/industry visits etc. like the
full time mode students do. But since you are already
working, you can apply the newly acquired knowledge
and skills at your work place, in real time basis. AsChander Shekhar Sibal, an alumnus of IIM Lucknow
Working Manager Programme (WMP) shares, “Before
joining the programme, I was doing my job in routine
fashion in Sales and Modality. This programme helped
me hone my skills in Finance, Marketing, Strategy,
SCM and Organisation Structure. I started correlating
things in my day to day job. I started getting better
attention from my customers and inside the company
as it increased my analytical capability.”
Lower fee structure compared to full time Executive MBA – The fee for the Part Time Executive MBA programmes
range from Rs. 2 lakh to Rs. 15 lakh. This is much
lesser in comparison to the full time Executive MBA
programmes. Also, since you need not take break
from work while doing the part time MBA, there is no
financial burden as such.
Let us have a look at the flipside of
the Part Time Executive MBA now.
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DISADVANTAGES OF PART TIME EXECUTIVE MBA
Longer course duration – Although there is enough flexibility for the students
in terms of schedule, the duration of the total pro-
gramme is higher than that of the full time EMBA. The
programme duration ranges from a little more than 1
year to 3 years.
Lack of regular exposure in thecurriculum
– Unlike the full time programmes, the students of
the Part Time Executive MBA programme hardly gets
the opportunity for industry or international exposure.
Although the students of this mode get to apply the
learning in their own companies, but the much required
exposure to the outer world goes amiss.
No placement process –No placement process is offered by the B-School at
the end of the course for this mode of EMBA. Since
the participants or the students are already working,
they are expected to continue working in the same
organization. In case, the students want a shift in the
role or company, they require doing it on their own.
Ensure work-study balance – The students require ensuring an efficient balance
between their work, study as well as personal life. At
times, the students need to toil a lot to ensure that
neither their work, nor their programme get hampered.
There can be clash of equally important events at work
or the B-School among which you have to prioritize
wisely.
Now that you are aware of the pros and
cons of both the modes, do a SWOT analy-
sis to decide which mode suits you the best.
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