Of all the postgraduate courses in India, the MBA remains the most popular. An increasing number of candidates are pursuing an MBA each year. These aspirants often include recent graduates, as well as experienced professionals. Naturally, with their varied backgrounds and needs, these individuals opt for different management courses.
The traditional two-year Postgraduate Diploma in Management (PGPD) program is ideal for individuals with minimal or no work experience. On the other hand, working professionals, with significant working experience, who wish to further enhance their managerial skills, can opt for the one year executive MBA program.
Over the past few years, the Executive MBA in India has made a significant mark in the academic system. Here are some of the common benefits and drawbacks of this program.
- Enhance Business Skills: As a working professional, you would obviously have a certain amount of proficiency in your area of work. However, if you wish to acquire a more advanced skill set and increase your work potential, you can opt for any of the executive MBA courses.
- Build Leadership Potential: An executive MBA helps develop your potential as a team-builder and leader. This will put you in a better position to take on senior and executive roles at your workplace.
- Better Salary: An executive MBA adds to your academic achievements and, therefore, makes you eligible for higher financial compensation at work.
- Practical Learning: As candidates in an executive MBA program have considerable work experience in corporate settings, they are familiar with the key business concepts. The curriculum therefore, follows a practical approach.
- Short Duration: The executive MBA in India is a one year program as opposed to the traditional MBA program, which spans two years. The shorter duration is on account of the omission of unnecessary theoretical concepts.
- Adapting to an Academic Setting: Adjusting to an educational environment, after having worked for several years, can be very challenging, especially if you are enrolled in a full-time executive MBA program.
- Clashes with Personal Life: Individuals are most likely to enrol for a one year executive MBA at the same time as they have to cope with changing personal responsibilities, such as marriage and starting a family. As the executive MBA is an extensive course it requires the candidates’ complete dedication and this can cause great pressure, with conflicting academic and personal responsibilities.
- Financial Strain: The cost of funding an executive MBA can be quite high and can cause a financial crunch, especially if you are enrolled in a full-time program.
Make it a point to consider all of these benefits and drawbacks carefully, before you decide to opt for an MBA. You can enrol for an executive MBA in Delhi, Mumbai, or any of the major Indian cities.
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