pros & cons of executive mba

7/26/2019 Pros & Cons of Executive MBA

http://slidepdf.com/reader/full/pros-cons-of-executive-mba 1/10

1

PROS & CONS

OF EXECUTIVE MBA



PROS & CONS OF EXECUTIVE MBA

2

IntroductionPg 3 3

Advantages of Full Time Executive MBA 4

Disadvantages of Full Time Executive MBA 6

Advantages of Part Time Executive MBA 7

Disadvantages of Part Time Executive MBA 9

Recommended Products 10

CONTENTS




3

After reaching the mid-level of career, professionals often feel a void or

lack of opportunities to boost their career. Those who have completed

more than 3 years in a particular field often get stuck in a particular role

owing to lack of managerial degree and experience. At this stage, pro-

fessionals often contemplate going for Executive MBA.

Even after deciding to go for Executive MBA, you might get into a dilemma on

whether to go for the programme’s full time mode or par t time. Here we bring to

you the pros and cons of both – Part Time Executive MBA and Ful l Time Execu-

tive MBA, so that you can choose wisely.

Let us draw a comparative analysis of both the modes in terms of their Pros

and Cons in order to guide you in the process of your decision making.

INTRODUCTION




4

As the name suggests, for Full Time Executive

MBA you have to take break from work to stay

in the campus. This mode is suitable for those

who are planning to take a sabbatical or break

from work or shift career path.

Let us list down the Pros or the advan-

tages of pursuing the full time Executive MBA.

Focused way of learning –

The main advantage of pursuing the programme in Full

Time mode is that you get to focus on the course with-

out having to think about your professional commit-

ments or other distractions. Owing to the hectic class

schedule and rigorous pedagogy including projects,

seminars, case studies, all it requires is to pay 100%

attention towards the programme.

Corporate sponsorship –In order to maintain the talented pool of employees,

companies often take measures which are beneficial

both for the employees as well as the organization. To

ensure the growth opportunities for the employees, the

companies offer corporate sponsorship for pursuing

Executive MBA programmes. They are also expected

to join the same organization in a senior position and

role after the completion of the programme. Such

students are exempted from participating in the place-

ment process as well.

Regular interaction with peers and faculty members –Being a part of the full time programme, the students

get ample scope to interact with the diverse pool of

ADVANTAGES OF FULL TIME EXECUTIVE MBA




5

peers who come from different educational and profes-sional backgrounds. This interaction in itself is a mas-

sive knowledge enhancer. Being a part of the full time

programme doubles the chance. Moreover, the top

B-schools offering full time Executive MBA programme

give the opportunity to interact with corporate leaders

through guest lectures, industry visits etc. This net-

working opportunity not only helps the students gaining

the management quotient and leadership quality, but

also enriches their contact which can be utilized for

meeting career goals as well.

Exposure –Each top B-School offers a unique edge to the Execu-

tive MBA students to make the programme worth the

experience and investment. Majority of the institutes

offer international exposure either through exchange

programmes or through international immersion through

project work. Industry exposure is another coveted

aspect offered by B-schools like IIM Bangalore, ISB

Hyderabad where the students have to spend certain

part of the course in a particular organization and exhibit

their learning outcome by applying the same for solu-

tion to real-life problems.

Placement – After the completion of the 1 year full time programme,

placement process is conducted for those participants

who aim to shift from their previous organization orcareer path. Needless to say, the offers made by the

organizations would be much escalated compared to

their previous role.

That feeling of going back toschool –

There is a student in all of us and no matter how high

we have climbed up the corporate ladder, the yearning

to go back to school hardly defuses. Although average

Indians consider post-graduation followed by a well-paid job as their professional goal, professionals or

working executives with the eternal urge to learn hardly

ceases an opportunity to go back to school for another

achievement. What better opportunity to go back to

the campus of a top B-School than enrolling into a full

time Executive MBA? The very thought of classroom

filled with peers from diverse backgrounds, lectures

from highly experienced professors, project works, and

not to mention, hostel life is enough to motivate to apply

for the coveted programme.

Now that we have analysed the positives

of the full time Executive MBA programme, it

is time to peep into the other side of the coin.




6

DISADVANTAGES OF FULL TIME EXECUTIVE MBA

Gap in work for a year –It is not possible to pursue the full time programme

along with a regular job. The very condition to opt

for this mode is to take a break from work for at least

a year. Although the students and alumni members

vouch for the credibility in programme, there would be a

gap in your professional experience for a year nonethe-

less. If you are planning for a career change or go for

entrepreneurship or getting a corporate sponsorship,

going for the Part Time mode would be more feasible

for you.

Rigorous curriculum - The full time MBA, which is conducted for 2 years,

is crunched into a year in the full time 1-year EMBA.

Needless to say, how rigorous the programme would

be. Given the fact that the curriculum is designed for

the mid-level professionals, the burden of courses and

the electives is vast. After the classes, projects and

assignments, the students are hardly left with time to

pursue other interests.

High Fee structure -

The fee for the full time Executive MBA programmes

at top B-schools ranges from Rs. 14 lakh to Rs. 25

lakh. Undoubtedly, the fee for the full time Execu-

tive MBA programmes would be higher compared to

the Part Time programmes owing to the factors like

higher number of contact hours, diverse curriculum,

residential programmes etc. Apart from the corporate

sponsorship, the students mostly rely on their personal

savings and loan.




7

ADVANTAGES OF PART TIME MBA

Part Time Executive MBA classes can be taken

alongside work as they are scheduled either

on the weekends or in the evening hours. The

major advantage of this mode is that the pro-

fessionals can earn an MBA degree without taking a

break from existing job.

The Part Time mode of the Executive MBA pro-

grammes can be further classified into the following

categories depending on the method of offering it.

Evening classes – The classes are held throughout the week. During

weekdays, the classes are offered during the evening

hours; and in the morning or afternoon in the week-

ends.

Weekend classes– For this mode, the classes are held only during the

weekends and not on weekdays. The hours of the

study may vary from institute to institute.

Online classes–This mode is a combination of online and classroom

teaching. While majority of the course is delivered

through video lectures, e-study materials etc. the stu-

dents spend a stipulated duration of the term in the

campus as well.

Let’s now look at the advantages of the

Part Time Executive MBA programmes.




8

Flexible class hours – As shared in the above paragraph, the Part Time

Executive MBA mode gives you enough flexibility to

choose the class timings so that you do not have to

hamper your work schedule.

Continue working while learning – The biggest plus point of this mode is that you do not

have to take a break from your work for obtaining the

Executive MBA qualification. All you have to do is to

dedicate some hours for your classes in a week orduring the weekend and rest of the responsibilities and

commitments can be met in its usual schedule.

Practical application of learning atwork place –

You may rue over the fact that the students of this

mode do not get internship opportunities or to par-

ticipate in the project works/industry visits etc. like the

full time mode students do. But since you are already

working, you can apply the newly acquired knowledge

and skills at your work place, in real time basis. AsChander Shekhar Sibal, an alumnus of IIM Lucknow

Working Manager Programme (WMP) shares, “Before

joining the programme, I was doing my job in routine

fashion in Sales and Modality. This programme helped

me hone my skills in Finance, Marketing, Strategy,

SCM and Organisation Structure. I started correlating

things in my day to day job. I started getting better

attention from my customers and inside the company

as it increased my analytical capability.”

Lower fee structure compared to full time Executive MBA – The fee for the Part Time Executive MBA programmes

range from Rs. 2 lakh to Rs. 15 lakh. This is much

lesser in comparison to the full time Executive MBA

programmes. Also, since you need not take break

from work while doing the part time MBA, there is no

financial burden as such.

Let us have a look at the flipside of

the Part Time Executive MBA now.




9

DISADVANTAGES OF PART TIME EXECUTIVE MBA

Longer course duration – Although there is enough flexibility for the students

in terms of schedule, the duration of the total pro-

gramme is higher than that of the full time EMBA. The

programme duration ranges from a little more than 1

year to 3 years.

Lack of regular exposure in thecurriculum

– Unlike the full time programmes, the students of

the Part Time Executive MBA programme hardly gets

the opportunity for industry or international exposure.

Although the students of this mode get to apply the

learning in their own companies, but the much required

exposure to the outer world goes amiss.

No placement process –No placement process is offered by the B-School at

the end of the course for this mode of EMBA. Since

the participants or the students are already working,

they are expected to continue working in the same

organization. In case, the students want a shift in the

role or company, they require doing it on their own.

Ensure work-study balance – The students require ensuring an efficient balance

between their work, study as well as personal life. At

times, the students need to toil a lot to ensure that

neither their work, nor their programme get hampered.

There can be clash of equally important events at work

or the B-School among which you have to prioritize

wisely.

Now that you are aware of the pros and

cons of both the modes, do a SWOT analy-

sis to decide which mode suits you the best.




10

RECOMMENDED PRODUCTS FOR EXECUTIVE MBA

GMAT Test Package Complete GMAT Online Test Series

https://www.mycareers360.com/product/gmat-test-package

https://www.mycareers360.com/product/complete-gmat-online-test-series

https://www.mycareers360.com/product/complete-gmat-online-test-series

https://www.mycareers360.com/product/gmat-test-package

pros & cons of executive mba

Documents