Updated as on Sep 28, 2021. Executive MBA programmes perfectly suits the working executives who may not have gone for any formal management education during the early stage of career or may not have thought of having one earlier in the career or may have dropped the idea of MBA due to whatever reasons.
It is a tremendous opportunity for those who after few years in the corporates may feel the need for a management degree / diploma to enhance managerial, strategic or leadership skills during the transition phase from junior or mid level to a senior level role in the career graph.
Most Executive management programmes MBA or PGDM, are designed for mid-level professionals with 5 to 12 years of work-experience duration being 12 to 15 months.
There are multiple MBA colleges offering various types of Executive management programmes. While some may offer ‘One year MBA program‘ some a “12 month executive MBA program or 15 month Executive PGDM / PGPX, 18 month executive PGP program. Many IIMs offer 1 year MBA program, while many top Business Schools offer 15 month executive program. Different B schools have different criteria of work experiences which ranges from 3-5 years to 7-10 years or even above.
For corporate it doesn’t matter much whether it is a PGDM or MBA, as long the program is adding value and offers a great learning experience. As for the executives who are willing to go back to “students” status once again it should be more of ‘fun while you learn’ – networking, making friends, discovering new cultures, and opening your minds to newer things in business and professional lives is what should matter. Recently MDI Gurgaon opens application for NMP program.