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Is opting an Executive MBA better than a regular MBA?

Regular MBA or Executive MBA? Many students face this confusion. What is the right decision for one need not be the best for another. So, rather than searching for a direct answer, let’s analyse these courses to find out what suits you the best. This will largely depend on your reasons for doing an MBA and your expectations out of the same. The factors on which you can base your decision are listed below:

Executive MBA (or EMBA) is generally a 1 year postgraduate course specially designed for business managers or corporate executives who are already working. Whereas, a regular MBA program spans for 2 years. Let’s find an Executive MBA details below:

Core Courses offered in EMBA

Level of the coursePostgraduate level
DurationUsually 1 year (somewhere 15 -18 months also)
Eligibility55% aggregate marks in graduation from a recognised UniversityMinimum work experience of 2 – 5 years (as specified by the Institution)
Admission ProcessGMAT, CMAT, CAT, XAT, NMAT etc.Or, in-house tests conducted by some B-schools
Course FeeINR 4 to 15 lakhs
Top Colleges IIMs, Symbiosis Pune and Bangalore, ISB Hyderabad, NMIMS, etc.
Average starting packageINR 9 to 15 lakhs per annum
Recruitment DomainsFinance, Marketing, Sales, Human Resources, IT, Digital Marketing, Business Analysis,  Brand Executive, Communications Manager, etc
Top CompaniesInfosys, Wipro, Hindustan Unilever, TCL Technology 

Eligibility Criteria – Executive MBA v/s Regular MBA

The admission requirements for Regular MBA course is a bachelor’s degree/equivalent qualification in any stream with the minimum aggregate score of 50 – 60%. For taking admission in Executive MBA, in addition to the aforementioned qualification, the candidate needs to have minimum work experience also. The extensive professional experience that is required for an Executive MBA hovers around 5-10 years. This minimum work experience criterion is different in different colleges. 

Some top B-schools even require the EMBA candidates to submit letters of recommendation (LOR) during the selection process. And, for the students seeking an EMBA course in international colleges need to have a good English proficiency test score also.

Employer Sponsorship – Executive MBA v/s Regular MBA

Sponsorship is not applicable in Regular MBA courses as the aspirants are usually with less than a year (or minimal) of work experience. A major chunk of the management students are freshers who are recent graduates. These aspirants are looking for student-oriented full-time intensive courses, which will provide them with deep insights into the business and management.

However, the candidates for EMBA courses are generally from older age groups (around 35 years of age). They are already employed with years of work experience in diverse fields who are looking to upgrade their current skills. The organisations where they are already working often sponsor talented employees for an Executive MBA program. This benefits both the employer and the employee. The development of the managerial skills of the employee is in itself an investment and an asset to the company.

Flexibility – Executive MBA v/s Regular MBA

Normal MBA is a full-time course with a workload of regular classes on a daily basis. On the other hand, an Executive MBA is specially designed for the ones who are already working, so the time to be devoted towards classes is less. At some institutions, it is even offered through distance mode of education. 

This flexibility makes an EMBA a preferable choice for somebody who wants to enhance their knowledge and earn a degree, while working simultaneously. Thus, an EMBA provides the opportunity to maintain a balance between the studies and the work.

Syllabus and Curriculum – Executive MBA

By and large, the syllabus and the areas of the study are similar in regular and Executive MBA. The highlighting difference in both the courses is the approach of the executive program. The course structure includes both core papers and elective papers, which helps the students to get deep insight and understanding in the areas of their practice. 

The following is the overview of the core courses that are offered in the Executive MBA program:

Core Courses offered in EMBA

Financial Reporting and AnalysisCompetition and Strategy
Decision SciencesCorporate Finance
Managerial EconomicsExecutive Communication
Accounting and Finance for ManagersManagement Information Systems
Business LawCorporate Governance and Ethics
Research Methods for ManagementMicrofinance: Perspectives and Operations

The number of electives offered in Executive MBA are lesser as compared to its counterpart, the regular MBA program. The following is the list of the common elective courses available to the students to do specialization in:

Salary Prospects and Career Growth – Executive MBA v/s Regular MBA

There are a lot of opportunities available to an MBA graduate depending upon their areas of specialisations. After completion of Executive MBA, first of all, there are higher chances of promotions in the organisation a person was already working at. In the cases where the employer-sponsored the EMBA education for its employee, it’s a great opportunity to grab a high position in one’s company. 

Moreover, with an added feather on your crown, you can seek job opportunities in different companies with an expected rise in your income. On average, a person pursuing an executive MBA gets a raise of around 25% in his income. Also 54% of students enjoy increased job responsibilities after executive management education. It is observed that 20% of graduates after completing executive management programs launch a startup. The top recruiters are:

Top Recruiting Organisations – Executive MBA & Regular MBA

TCS TechnologiesAccenture
InfosysHDFC Bank Private Limited
ITC LimitedInternational Business Machines (IBM)
Mahindra and MahindraReliance Industries
Larsen & Toubro (L&T)Hindustan Unilever (HUL)

Is opting an Executive MBA better than a normal MBA?

There is no clear answer to this question, as it is subjective to one’s priorities. It all depends upon your current academic or job status, financial conditions, career requirements and aspirations. If you wish to explore a variety of sectors like Hospitality, Tourism, Fashion, and Hotel Management other than regular specializations, a Regular MBA can be the choice. Also, aspirants want to start a job immediately graduating, for them too such a program can be beneficial. But, if you are someone who is already working, seeking to upgrade your existing skills and knowledge in the current domain, you can go for an Executive MBA course. 

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