Last updated: 04 Nov 2020
Management degree teaches the students technical, managerial and leadership skills. Earning a management degree gives the students a valuable business acumen, expands the professional network and creates new opportunities. It’s an ideal option to consider if a student wants to enhance their career, transition to a new industry or become an entrepreneur.
The Executive MBA is a post graduate programme that specifically targets corporate executives and managers who are already in the workforce. The Executive MBA programme is similar to a regular full-time MBA in terms of content, except that it enables executives to work towards earning the Executive MBA degree while continuing to hold their existing full-time jobs. Typically, Executive MBA students are fairly senior in their fields and possess considerable work experience before entering this programme.
Executive MBA is a postgraduate management programme exclusively meant for working professionals who wish to upgrade their managerial skills in their field of work or industry and are able to adapt to the rapidly changing business environment and stay relevant in the job market. The course is aptly decided for the working professionals according to their relevant fields of expertise. The duration of the course ranges from 15 months to 18 months.
The students can take admission to Executive MBA by two modes. The first one is merit-based admission and second one is direct admission.
The students interested in merit-based admission for Executive MBA course are required to appear for entrance exams conducted at national and international levels. The students have to appear and qualify these entrance exams in order to get merit admission to Executive MBA course.
| Name of Exam | Conducting Authority | Month |
|---|---|---|
| CAT | Indian Institutes of Management | November |
| SNAP | Symbiosis Institute of Management | December |
| PGCET | Karnataka Examinations Authority (KEA) | July |
| ATMA | Association of Indian Management Schools | May |
| NMAT | Graduate Management Admission Council | October |
| MAT | All India Management Association | June |
| XAT | Xavier School of Management | December |
The students have another option of getting admission to Executive MBA course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges and deemed or private universities under management quota. The direct admission students enjoy many special privileges like that they are not required to apply for any entrance exam for getting admissions. They have an option to choose their desired colleges and universities and book their seats in advance even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
The students of Executive MBA will be studying the following subjects during their course duration.
| Sl No | Subjects of Study |
|---|---|
|
1. |
Financial Reporting and Analysis |
|
2. |
Competition Strategy |
|
3. |
Decision Sciences |
|
4. |
Corporate Finance |
|
5. |
Business Law |
|
6. |
Corporate Government & Ethics |
|
7. |
Operations Management |
|
8. |
Designing Organisations |
|
9. |
Macroeconomics |
|
10. |
Entrepreneurial Management |
|
11. |
Managing People & Performance in Organisation |
|
12. |
Managerial Economics |
|
13. |
Marketing Management |
|
14. |
Corporate Strategy |
|
15. |
Entrepreneurial Learning |
|
16. |
Organisational Behaviour and Human Resource Management |
|
17. |
Production and Operations Management |
|
18. |
Economics and Social Sciences |
|
19. |
Decision Sciences and Information Systems |
|
20. |
Finance and Accounting |
|
21. |
Marketing |
The MBA Executive students can find excellent job opportunities in the management field. As MBA executive is a managerial level course, the MBA executive candidates are hired in managerial positions in organisations.
The MBA Executive students will be earning around 10 lakhs to 15 lakhs per annum.
Some of the top organisations hiring MBA Executive students are:
Some of the important job roles are:
Accounting Manager: An accounting manager oversees the everyday operations of the accounting department of a firm. They also monitor incoming data that is later analysed to create and maintain financial reports or accounting statements. An accounting manager also enforces accurate accounting methods, introduces policies and upholds accounting principles.
Chief Financial Officer: The Chief Financial Officer (CFO) of an organisation is responsible for all the finance related activities like planning, implementing and managing day-to-day financial operations of the organisation. They are also involved in the business planning, budgeting, financial forecasting and managing negotiations based on the organisation’s finances.
Cash Manager: A cash manager is responsible for managing and overseeing a company’s daily, weekly and monthly cash inflow and outflow. It is their responsibility to reduce the amount of cash that flows into the company in the form of “collectables”. They also have to follow regulations and industry guidelines while maximising the time taken to pay for received goods.
Investment Banking Associate: An investment banking associate is involved in the client-servicing aspect of the BFSI industry. They are tasked with making marketing collaterals, organising and presenting financial information, undertaking valuation analysis, creating and executing transactions with clients.
Credit Manager & Specialist: The main core function that a credit manager and specialist is supposed to perform is to manage and be responsible for the credit granting process, applying credit policies, reviewing the company’s customers’ credit at regular intervals and assessing whether a potential customer is credit-worthy or not. The main goal of a credit manager and specialist is maximising company profits while minimising losses and bad debts.
Financial Analyst: A financial analyst is tasked with analysis of results, checking on variances, recognising trends and through these actions they are expected to advice the management on the steps they should take to propel the company ahead. They also have to analyse and study the data presented to them, organise a comparative study of the data received and propose changes in the financial plans of the company.
The demand for Executive MBA candidates is increasing in the last decade. Many organisations hire skilled MBA executive professionals in managerial positions. The MBA Executive candidates are paid handsome salaries. The candidates interested in managerial positions can join this course.
