Positively it is
little tricky that which MBA would be right or better whether
executive or part time or full time and to answer this query we need
to understand each above MBA differently.
Who can apply for Executive
MBA or why Executive MBA is required?
All those working
executives might feel or get sensitized on their official journey to
upskill their knowledge and create more skills to achieve established
goals of the organization. Since these executives are upwardly mobile
hence they need different skills which might gain them employability
glocally. These executives are the real target group for the
executive programs.
All IIMs and top
MBA Institutes offer executive programs for such candidates. But you
need to have CAT score or GMAT score with high percentile to become
eligible for filling up the applications for the executive programs.
You got to have a minimum of five years of work experience to apply
for executive program. Definitely after getting your name in the cut
off list you will be subjected to group discussion and finally for
personal interview.
The crucial point
for executive programs is that you will be having teaching
methodology which will be different from other programs and you will
be undergoing for fifteen months and it will be a residential program
for you. The other crucial factor executive program is that executive
has to leave the job or gets sponsorship from the company and then
join executive programs. The other difficult pastures have come now
in the executive programs that placements are not guaranteed. But on
the contrary those executives who are very confident personalities
are positively opting for executive programs and after having
upscaling their skills are venturing out to international markets
with bold decisions.
On the other hand
part time programs are also meant for the working executives with
minimum five years of work experience but most of the time part time
programs are suitable for those executives who are in marketing and
sales domain in any company. The typical target group of part time
program is that either they have not gone through management
education earlier because of their previous weaknesses or
circumstances. But now having realized this group of working
executives would like to upscale their knowledge base and venture out
differently. For a student who is thinking for part time programs has
to go through objective type entrance test separately conducted by
individual institute and after gaining minimum passing marks they
still have to go through GD and PI. Top Institutes who are offering
part time programs are conscious of the fact to intake quality
students and that suits to the candidates even because your diploma
as a part time is recognized by industry.
Typical nature of
part time program is that you will be undergoing teaching for minimum
three years and the biggest plus point for the working executive is
that you need not leave your job and continue with your education to
attend part time MBA classes in the evenings and on weekends. With
the part time program there is no placement offers on behalf of the
institute and the students have to network themselves to gain better
prospects in the current organization or look forward to green
pastures in other organizations.
Full Time MBA is
a program where most of the fresh graduates apply and even working
executives of maximum one or two years of experience also apply.
Those students
who are looking for 2 years full time MBA program will have to have
CAT/IIFT/XAT/SNAP/NMAT/CMAT/MAT/IBSAT/MAHCET valid scores and based
on your cut off percentile the candidates will be subjected to either
WAT or GD followed by PI. The differentiator of full time program is
that during the entrance you are tested strictly for your
quantitative skills and language skills and since in absence of your
work experience your aptitude and attitude become very crucial for
your selection.
Residential full
time MBA gives you many other benefits of the campuses which offer
you learning resources, industry visits and you also listen to the
guest faculty which comprises of top haunches of the industry. With
this full time program even the institute helps you to get placed in
one of the best company and you are offered handsome package. During
the campus stay you also learn cross culture observations and many a
times you visit some foreign university under student exchange
programs.
With the above it
is evident that all these programs whether executive or part time or
full time is right for an individual but depends you belong to which
target group and you need to understand that how you can be eligible
for each program and reap the dividends.
