Why MBA makes sense even if you have 10 years of work-ex?
A professional with 7 years of work experience encounter a plateau after 7 years and the growth slows down. Now when the growth decelerates in terms of compensation and skills, roles appear monotonous, and rise to leadership becomes more challenging. Here MBA comes with the best opportunity for rejuvenation. Find below the reason why MBA after 10+ year of work experience makes a sense:
- Reason 1 - Transition from small roles to senior management or executive positions
- Reason 2 - Transition between from one industry or functions (e.g., technology, consulting, product management) to the other.
- Reason 3 - Establish a robust professional network.
- Reason 4 - Broaden the international job opportunities.
- Reason 5- Acquire business acumen to initiate or expand an enterprise.
Which type of MBA is preferred full-time vs executive?
Finding a suitable MBA college for an individual with a 10 year of professional experience is depends on the career goal which they target. In India there are different types MBA programs are available like Part-time, full-time executive (EMBA) and online. Let's see the different types of MBA in Detail.
1. Executive MBA (EMBA): This program is tailored for those possessing substantial professional experience, generally exceeding 10 years. Classes are frequently conducted on weekends or in intensive modules. Some of the institutes provide residential program.
What value will E-MBA brings?
Emphasizes leadership, strategic cognition, and sophisticated management competencies.
2. Part-Time MBA: - Part-Time MBA are 24-month program which helps the candidates to work while doing MBA. This MBA program is designed for those executive who can't afford to quit the job and do MBA, rendering it an advantageous choice for individuals seeking to sustain career progression. Provides adaptability in course selection and timetabling. Appropriate for persons seeking to progress in their existing profession or transition to a new job.
3. Full-Time MBA: It is 2 year program specially designed for freshers and the candidates with limited experience. Full-time MBA Offers an in-depth exploration of diverse business fields and can enable a career transition or swift progression. These programs frequently include customized education and networking opportunities pertinent to your discipline.
For individuals with a 10 Years of professional experience, an Executive MBA or a Part-Time MBA is the most appropriate option. Ultimately, the optimal program will correspond with your personal and professional objectives.
Factors while choosing MBA after 10 of work experience?
- Reputation and Network: Seek programs with robust alumni networks and industry affiliations, as they can facilitate career progression.
- Curriculum and Faculty: Assess the program to confirm its alignment with your professional objectives and verify that the professors possess pertinent industry expertise.
- Location: Evaluate your preference for studying locally vs the possibility of relocation, as certain programs may provide superior networking chances depending on their geographic setting.
Top MBA Colleges which provide Executive MBA Programs?
The top MBA Colleges Which provide Executive MBA programs are :
|
Name of the Institute
|
Program-Offered
|
Duration
|
Entrance Test
|
Minimum Work Exp. (years)
|
|
MDI Gurgaon
|
PGDM-BM
|
18 Months Program
|
CAT/ XAT/GMAT
|
3
|
|
PGDM - BA
|
24 Months Program
|
ATMA/ MAT/ CAT/ GMAT/ CMAT/ XAT
|
3
|
|
|
PGDM (online)
|
2 Year Program |
No exams
|
2
|
|
|
Great Lakes Institute of Management, Chennai
|
PGXPM
|
20 months (part-time)
|
CAT/ XAT/ EA by GMAC
|
8
|
|
SDA Bocconi Asia Center
|
IEMB (International Executive Master in Business)
|
15 months (Hybrid)
|
GMAT, GRE, Bocconi Test
|
9
|
|
Indian School of Business (ISB)
|
PGPpro
|
18 months (weekends)
|
CAT, XAT, GMAT
|
5-12
|
|
PGPMAX
|
15 months (part-time)
|
-
|
10
|
|
|
IIM Kashipur, Dehradun
|
MBA-WX
|
2 years (weekends)
|
CAT/GMAT score
|
3
|
|
Indian Institute of Management (IIM), Udaipur
|
EMBA
|
1 year (full-time)
|
GMAT/ GRE, CAT score
|
3
|
|
Indian Institute of Management (IIM), Bangalore
|
EPGP
|
1 year (full-time)
|
GMAT/ GRE
|
5
|
|
PGPEM
|
2 years (weekends)
|
GMAT/ GRE/ CAT/ IIMB test
|
4
|
|
|
Indian Institute of Management (IIM), Ahmedabad
|
MBA-PGPX
|
1 year (full-time)
|
GMAT/ GRE
|
4
|
|
Indian Institute of Management (IIM), Calcutta
|
MBAEx
|
1 year (full-time)
|
GMAT
|
5
|
|
Indian Institute of Management (IIM), Lucknow
|
WMP / PGPWE
|
2 years (weekends)
|
GMAT/ CAT/ XAT/ GATE/PGP-WE Entrance Exam
|
3
|
|
IPMX
|
1 year (full-time)
|
GMAT
|
5
|
|
|
Indian Institute of Management (IIM), Kozhikode
|
EPGP
|
2 years (weekend/evening/online)
|
GMAT/ EMAT/ CAT
|
3
|
|
Indian Institute of Management (IIM), Indore
|
EPGP
|
1 year (full-time)
|
GMAT
|
5
|
|
PGPMX
|
2 years (weekends)
|
Aptitude Test
|
5
|
|
|
Xavier School of Management (XLRI), Jamshedpur
|
PGDM (GM)
|
15 months (full-time)
|
GMAT/ XAT
|
5
|
|
Faculty of Management Studies (FMS), Delhi
|
MBA Executive
|
2 years (full-time, evening)
|
General Ability Test
|
5
|
|
SP Jain School of Global Management
|
E-MBA
|
18 months (part-time)
|
Aptitude Test
|
3
|
|
Institute of Management Technology (IMT), Ghaziabad
|
PGDM Executive
|
15 months (full-time)
|
GMAT/ CAT/ XAT
|
5
|
|
Indian Institute of Foreign Trade (IIFT), Delhi
|
EPGDIB
|
18 months (weekends)
|
-
|
3
|
|
EPGDF
|
18 months (weekends)
|
-
|
3
|
|
|
NMIMS School of Business Management
|
EMBA
|
15 or 24 months (part-time)
|
GMAT/ NMAT/ Written Test
|
5
|
|
Symbiosis Institute of Management Studies (SIMS), Pune
|
MBA Executive
|
30 months (weekdays/weekends)
|
-
|
2
|
|
Symbiosis Institute of Business Management (SIBM), Pune
|
MBA Executive
|
30 months (weekends)
|
Online Exam
|
2
|
|
Indian Institute of Management (IIM), Shillong
|
PGPEx-MBEE
|
1 year (full-time)
|
GMAT/ CAT
|
5
|
|
MBA (Working Executives)
|
2-3 years (weekends)
|
-
|
3-5
|
|
|
Indian Institute of Management (IIM), Tiruchirappalli
|
PGPBM
|
2 years (weekend)
|
GMAT/ CAT/ Written Test
|
3
|
Frequently Asked Questions (FAQ's)
1. Can I go for MBA with 11 years of work experience in the IT Industry?
Ans. Yes, Absolutely, a person with 11 years of work experience in the IT Industry can pursue MBA in Technology Management or any other MBA programs according to their interest.
2. When is the right time to do an MBA?
Ans. The right time to do MBA can't be defined. When ever a person wants an upgrade in their career, then they can opt for MBA program.
3. Which MBA is best for experienced professionals?
Ans. Executive MBA (EMBA) for the best MBA program for the Working Professionals.