logo
logo
blog
ExploreCourses
types of mba for working professionals full updated guide
Home Online MBA Top Types of MBA for Working Professionals: Advantages, Details, Colleges [2024]

Top Types of MBA for Working Professionals: Advantages, Details, Colleges [2024]

Apr 11, 2024 2.6K Reads

With the rapid evolution of technologies, tasks and structures in the contemporary workplace, upskilling is central to keeping oneself relevant to a particular job role. Furthermore, having the requisite professional training and qualification is also given importance by companies and MNCs in the corporate domain for career switches and promotions. As a result, many professionals today find that taking up a work-integrated MBA course can be an excellent step in one’s career. 

But with the landscape of management studies having diversified and multiple innovative course offerings having come up in the past two decades, working professionals may be quite confused as to choosing the MBA course that is best suited for their unique career aspirations. 

Should a Working Professional Go For an MBA? Top 8 Benefits to Consider 

When it comes to the question of whether an MBA is worth going for working professionals, the answer is most certainly yes, but there are certain contextual factors that need to be considered before going through with the final decision. Some of the important concerns to be taken into account include:

  • Whether or not one has sufficient experience to take up an MBA for working professionals since these degrees mandate a minimum period of work experience before a professional can apply to the course. 
  • Whether or not the candidate wants to apply to managerial job roles in the future, since an MBA can only be helpful for career escalation if they wish to pursue management jobs. 
  • Whether or not pursuing an MBA aligns with their long-term career goal and is required in their job domain or not.

In addition to such considerations which may vary from one candidate to another, pursuing an MBA confers certain common benefits to working professionals which are undeniable, and make it a career decision instrumental to building one’s own journey of success.  

Here we have discussed 7 such major benefits that make an MBA course worth pursuing for a working professional. 

  • Prestigious Addition to Qualification Portfolio: One of the foremost reasons that working professionals decide to go for an MBA is the prestigious addition of having completed a professional MBA course as their qualification in their resume and portfolios. Not only can this make one stand out to recruiters and hirers but can also bring forth much societal prestige and accolade, enhancing their credibility. 
  • Instrumental in Career Escalation and Promotions: Career escalation and promotions in the modern corporate ecosystem are highly dependent on upskilling alongside gaining work experience. Thus, pursuing an MBA degree while you are already working can be quite effective in enabling the candidate to present an appealing profile that can facilitate career escalation and promotions to higher-rank jobs in new organisations or in one’s own organisation. 
  • Helps Earn Handsome Packages: Alongside career escalation come the benefit of fairer compensation and handsome pay packages, one of the key aspects contributing to the popularity of management domain jobs in India and abroad. As a result, having an MBA (especially an executive MBA for working professionals) is highly effective for garnering job opportunities with lucrative pay packages and compensation.  
  • Provides an Avenue for Networking: While comprehensive educational training is surely a key aspect of pursuing an MBA program as a professional, another major benefit associated with it is the opportunity to network and develop connections with peers and experts in the field of management. Not only at a national level, with innovative online MBA programs, students can also connect with professional experts and peers from all over the globe, providing a diverse management perspective.  
  • Can Provide Training at par with Global Standards: Since MBA courses for working professionals are provided by top institutes and business schools of India, professionals taking them up can learn and hone their skill sets on the basis of international standards. Most of the accredited and reputed colleges and institutes for a professional MBA develop the curriculum in-sync with the demands and trends in the industry, not just in India but at international levels as well. Hence, candidates seeking to develop management careers abroad as well can consider taking up an MBA course. 
  • Can Help Develop Leadership Skills: Pursuing an MBA can be a major game-changer for working professionals currently serving senior management to executive positions and looking for opportunities to venture into leadership roles. Since an MBA for working professionals covers the study of aspects related to effective management, leadership and strategy development, it can help build skills related to effective leadership in the organisational settings. For individuals with an acumen for leadership, this can be very useful for career escalation and even effective running of an organisation.  
  • Helpful For Switching Careers: Many working professionals, upon venturing into their respective careers, realise their knack for management and may consequently wish to switch to a career in it. But venturing into a career in management requires not only an aptitude but also a basic formal education in it. If a professional wishes to change their careers to a managerial domain or wants to build up an entrepreneurial venture, then they can surely take up an MBA designed for professionals. This would allow them to develop a strong foundation in management as well as kickstart their formal career journey in this field.
  • Simultaneous Upskilling and Professional Experience: A major advantage of taking up a work-integrated MBA is the availability of flexible learning options. There are MBA programs designed specifically for professionals, which take into account the work schedules of professionals and accordingly develop a course structure that integrates flexibility. Part-time MBA programs, online MBAs and executive MBAs provide a flexible criteria for attendance, have recorded classes for later perusal (in case of online course), classes scheduled in the evenings and so on, that allow professionals to manage their professional commitments and coursework simultaneously. Thus, by taking up an MBA, a working professional can gain valuable work experience alongside a reputed educational qualification, both of which can contribute to significant career advantage in the long-term perspective.

As can be seen, completing an MBA program can be quite beneficial to uplift the career trajectory of a management aspirant or professional already working in this field. However, there are 4 major types of MBA which are best-suited to the needs of working professionals at various stages of their career journey.  Each of these courses provide their own set of advantages and features that make them suitable for professionals with varying needs. These MBA courses have been discussed in detail below for further reference.  

Types of MBA for Working Professionals 

Work-integrated MBA programs or MBA for Working Professionals refers to a group of management degree courses at the PG level that are carved with attention to the specific needs of working professionals–both academic and professional. 

There are 4 major MBA courses which are best-suited to cater to the needs of a working professional, and each of these courses have some key features and provisions that can best meet the various needs of students. Here is a detailed analysis and updated details about the 4 major types of MBA that working professionals can consider taking up, along with a fifth mention of related certification programs that provide management education to professionals and executives. 

  • 1-Year MBA Program

Although commonly confused with an executive MBA course, a 1-year MBA program is an accelerated course consisting of a curriculum similar to a 2-year MBA degree but having a much more concise coverage of the breadth of foundations of management. This course, although in a slightly higher fee range, is best-suited to working professionals who wish to complete a full-time regular PG degree with a short break from work. This course has a duration of 11 months to 12 months, which means professionals do not have to invest a prolonged time period into the course and can garner sufficient expertise in key areas of management to switch careers or venture into higher managerial job roles. A 1-year MBA program online is one of the most coveted options for professional education in management. 

Find further details about the 1-year MBA program given below. 

Course Name 

1-Year MBA Program

Course Duration

11 Months to 12 Months 

Minimum Eligibility 

Bachelor’s Degree from a Recognised Institution with At Least 50% Aggregate Score Point/Percentage

Accepted Entrances

GMAT, GRE, CAT, XAT, IBSAT etc.

Minimum Years of Work Experience Needed 

At Least 2-4 Years of Working Experience (Average)

Average Course Fees

INR 5 Lakhs to INR 30 Lakhs 

Mode of Delivery 

Full-Time Regular

Specialisations 

Available–Generally 2 Elective Papers in Addition to Core

Key Features 

  • Accelerated MBA Program 
  • Requires a GMAT/GRE Score and Involves Rigorous Admission Procedure
  • Convenient for Working Professionals with Limited Experience 
  • Usually a Full-Time Residential Program 
  • Excellent Job Scope After Graduation 

Top Institutions Offering the Course

ISB Hyderabad, XLRI Jamshedpur, SPJIMR Mumbai, Great Lakes Chennai, IMI Delhi etc. 

 

  • Executive MBA Program 

An Executive MBA is a 1 year to 1.5 years long professional PG course that is designed to cater to the needs of managerial executives currently serving middle-level managerial positions. Executive MBAs require the candidates to have working experience in a relevant field for at least 2 years to 5 years. This course is tailored specifically to meet the needs of the executive professionals and enable further industry-requisite skill enhancement. A major advantage of this course is its availability in both Executive MBA online and offline learning modes, which allows the professionals to select colleges and B-schools beyond a certain geographical location. Moreover, the flexibility of attendance criteria, availability of a number of industry-demanded specialisations, prosperous placement opportunities etc. are a few of the appealing features of an EMBA for professionals. 

Find further key details about an executive MBA as enlisted below. 

Course Name 

Executive MBA or EMBA

Course Duration

15 Months to 18 Months 

Minimum Eligibility 

Bachelor’s Degree in Any Stream from a Recognised Institution with At Least 50% Aggregate Grade Point/Percentage 

Accepted Entrances

GMAT, GRE, CAT etc.

Minimum Years of Work Experience Needed 

At Least 2 Years to 5 Years of Working Experience in Relevant Industry 

Average Course Fees

INR 1.5 Lakhs to INR 15 Lakhs 

Mode of Delivery 

Online and Offline Regular

Specialisations 

Available 

Key Features 

  • Program designed for Professionals in the Middle of their Career Journeys
  • Can be taken up in Online Mode or Offline Regular Mode
  • Accelerated Classes Usually on Weekends & Weekends
  • No Upper Age Limit for Applying to Course
  • Flexible Date Sheet for Examinations 
  • Online EMBA Does Not Mandate Entrance Score 
  • Prosperous Job Scope After Graduation

Top Institutions Offering the Course

O. P. Jindal Business Education, IIM Rohtak, IIM Raipur, IMT Ghaziabad, SPJIMR Mumbai, Amity University, FMS Delhi, NMIMS Mumbai, ISB, DTU etc.

 

  • Online MBA Program

An online MBA programs is an equivalent of a regular, conventional 2-year MBA course, taught in the fully online/virtual mode of learning. As per the guidelines released by UGC-DEB, an MBA completed in the online mode is equivalent in value and credibility as a regular MBA. An online MBA is a full-time degree of 2 years, and it is the most suitable and convenient option for working professionals who wish to acquire an expertise in management as well as a specific specialisation. This course provides an immersive and comprehensive learning experience to the professional through simulation of classroom-like environments combined with the flexibility of online learning. This course is also suitable for working professionals who wish to pursue an MBA from a reputed college or institute but within a relatively affordable fee range. The online MBA programs being offered in India are integrated with a number of student services to ease the process of virtual learning, including those like provision of LMS, placement facilities, opportunity for live interaction with peers and faculty, EMI facilities for fee payment etc.  

A few of the pertinent details related to an online MBA program have been provided below. 

Course Name 

Master of Business Administration or MBA

Course Duration

2 Years 

Minimum Eligibility 

Bachelor’s in Any Stream From a Recognised Institution with At Least 50% Aggregate Score/Percentage

Accepted Entrances

Not Mandatory

Minimum Years of Work Experience Needed 

Not Mandatory but Preferable (2 Years-3 Years)

Average Course Fees

INR 1 Lakh to INR 5 Lakhs

Mode of Delivery 

Online Learning (OL) Mode 

Specialisations 

Available 

Key Features 

  • Full-time online PG degree course
  • Live and Recorded Lecture Facilities
  • LMS-Empowered in Most Universities
  • Flexible Attendance Criteria 
  • Affordable Fee Range with EMI Facilities
  • Not Impacted by Geographical Constraints
  • Equivalent in Value as a Regular 2-Year MBA when duly Accredited 
  • Placement-enabled 
  • Student Support Available 

Top Institutions Offering the Course

Amity Online, Manipal Online, LPU Online, Amrita University Online, Jain University Online, Chandigarh University Online, Chitkara University Online etc. 

 

  • Part-Time MBA Program 

MBA part time, referred to as an evening MBA in some institutions, is also a PG degree course that can be completed in the open distance learning mode (ODL) by professionals who wish to experience classroom learning but cannot afford a full-time attention to the coursework as in the case of a 1-year MBA. Part-time MBA has the central characteristic of brief and concise classes that are scheduled in the evenings or on weekends and holidays (to accommodate the work schedule of professionals) along with flexible schedules of examinations. The lectures of a part-time MBA program are often brief, which is why its duration can extend beyond the conventional 2-year period. A valid score in a management entrance examination along with a minimum period of 2-4 years of professional experience is needed to pursue a part-time MBA for working professionals.  If a working professional is looking for an MBA program within a pocket-friendly budget, then this course might be best suited to their needs since the full course fee for a part-time MBA ranges within INR 5 Lakhs.  Placement assistance is also offered by most universities offering a part-time or evening MBA. 

The important features and details of a part-time MBA in India have been delved into below. 

Course Name 

Part-Time MBA for Working Professionals 

Course Duration

2 Years to 5 Years

Minimum Eligibility 

Bachelor’s Degree in Any Stream from a Recognised Institution with At Least 50% Aggregate Marks/Score

Accepted Entrances

CAT, MAT, XAT, GMAT, CMAT etc. 

Minimum Years of Work Experience Needed 

2 Years to 4 Years in Relevant Industry 

Average Course Fees

INR 1 Lakh to INR 5 Lakhs

Mode of Delivery 

Offline, Open Distance Learning (ODL)

Specialisations Available 

Yes

Key Features 

  • Part-time degree course at the PG Level 
  • Classroom Lectures in Evenings or Weekends to Accommodate Working Schedules
  • Examination Dates Usually on Weekends or Holidays 
  • Affordable Fee Range and Satisfactory RoI 
  • Inclusive of Placement Assistance Services 
  • Dual Advantage of Flexibility and Classroom Learning Experience

Top Institutions Offering the Course

Chandigarh University, Symbiosis Centre for Distance Learning (SCDL), MIT School of Distance Education, IMT Centre for Distance Learning (IMT CDL) etc.

 

  • Executive PGP/PGM Certifications 

An alternative to MBA degree courses, executive certifications programs like Executive Post Graduate Program in Management (EPGP) or PG Certification in Management (PGCM) are offered by eminent institutions like the IIMs in India. While these courses are not considered to be degree courses and are often shorter in duration, they can still be a very valuable asset in one’s resume and educational qualifications since they are from acclaimed institutions and build highly sought skills. 

Some of the key features of such certificate courses are:

  • These are executive level certificate courses designed for working professionals who have garnered field experience for nearly 4-5 years
  • The average duration of these courses last from 10-15 months
  • The course fee may vary from INR 4 lakhs to INR 7 lakhs on an average. 
  • These courses are also placement-integrated and provide appealing placement opportunities to the professionals in top MNCs and national firms. 
  • These courses are available to be pursued in both the online and offline learning modes. Some institutions may also offer a hybrid mode of learning for these certification programs. 

Which MBA To Go For–Key Advantages of Each Type of MBA 

Now that we have outlined the basic features of all the MBA programs suitable for working professionals, we shall delve into the key advantages of each of these courses. The final course that you decide to go for should align well with your academic and career needs, as has already been stressed upon before. 

Here is a basic summarisation of the top advantageous factors of each of the 4 major MBAs that working professionals can take up: 

Criteria 

1-Year MBA

Executive MBA

Online MBA

Part-Time MBA

Course Fee

INR 5,00,000-INR 30,00,000

INR 1,50,000-INR 15,00,000

INR 1,00,000-INR 5,00,000

INR 1,00,000-INR 5,00,000

Duration 

11-12 Months (Variable)

15-18 Months (Variable) 

24 Months

24-60 Months (Variable)

Attendance 

Compulsory and Regular 

Flexible & Regular 

Flexible & Regular 

Flexible 

Minimum Required Work Experience 

2-4 Years (Minimum)

2-5 Years (Minimum)

Not Mandatory but Preferable (2 Years-3 Years)

2-4 Years

Entrances 

Compulsory (GMAT, GRE, CAT, XAT, IBSAT etc.)

Compulsory (GMAT, GRE, CAT etc.)

Not Mandatory 

Not Mandatory

Lectures & Examinations 

Regular, Concise  Classroom Lectures & Offline Examinations 

Regular, Concise Classroom Lectures; Exam Mode Dependent on Mode of Course

Online Live Lectures and Recorded Lectures; Online Proctored Examinations 

Classes on Weekends or Evening, Examinations on Holidays or Weekends

Mode of Delivery 

Full-Time Regular

Offline & Online Mode

Fully Online Mode 

Offline, Open Distance Learning (ODL) Mode

Specialisations 

Available; Limited

Available; Limited 

Available; Numerous 

Available; Numerous 

Career Scope 

Prosperous for Career Switches or Salary Hikes

Prosperous for Career Escalation, Salary Growth, Leadership Positions

Prosperous to Seek Entry-Mid Level Managerial Job Roles

Prosperous to Seek Entry-Mid Level Managerial Job Roles

From this table, it can be seen that:

  • If a professional wants to experience the comprehensive experience of learning, they should go for a full-time, classroom 1-year MBA program. 
  • If a professional is currently serving in the intermediate managerial role and has experience spanning 5 years to 6 years, then they should go for an executive or a 1-year MBA course. 
  • If a working professional is searching for an affordable professional MBA course, then an online MBA or a part-time MBA may be the more appropriate choices for them. 
  • If a working professional wants to experience the full immersive academic experience of a 2-year MBA but cannot afford relocation or rigid structural hassles, then an online MBA course may be the best option for them. 
  • Lastly, if a working professional wishes to gain classroom learning experience but cannot devote full-time attention to it, then going for a part-time MBA course may be the apt option for them. 

Please note, while the above described are some general suggestions and tips about choosing the right type of MBA for a working professional, the ultimate decision to select a course remains on the particular professional and must be made as per their unique career positionality. 

Top Colleges for MBA for Working Professionals in India

There are a number of eminent business schools, colleges and institutions that provide an MBA degree course to students and working professionals. Some of the top institutions in India offering MBA courses for working professionals have been listed below. 

Course 

Top Institutes

1-Year MBA

  • IIM Ahmedabad 
  • IMI Delhi 
  • ISB Hyderabad 
  • MDI Gurgaon 
  •  XLRI Jamshedpur
  • SPJIMR Mumbai
  • Great Lakes Chennai

Executive MBA 

  • O. P. Jindal Business Education
  • IIM Rohtak
  • IIM Raipur
  •  IMT Ghaziabad
  • SPJIMR Mumbai
  • Amity University
  • FMS Delhi
  • NMIMS Mumbai 

Online MBA 

  • Amity Online
  • Manipal Online
  • LPU Online
  • Amrita University Online
  • Jain University Online
  • Chandigarh University Online
  • Chitkara University Online 

Part-Time MBA 

  • Chandigarh University 
  • Symbiosis Centre for Distance Learning (SCDL) 
  • MIT School of Distance Education
  • IMT Centre for Distance Learning (IMT CDL)
  • IIFT Delhi
  • KJ Somaiya Institute Mumbai
  •  Prin. L. N. Welingkar Institute of Management Development & Research 

Conclusion 

Thus, the business schools and eminent management institutions in India offer a multitude of choices to working professionals to take up an MBA program alongside their job commitments to venture on a journey of continued learning and career growth. Each of these courses have their own advantages and can make meaningful contributions to the managerial career journeys of professionals. 

FAQs (Frequently Asked Questions)

There are 4 major MBA options for working professionals–a 1-year MBA course, an online MBA course, a part-time MBA course as well as an executive MBA (EMBA). An EMBA is the best option for a working professional in the middle of their career journey, while a 1-year MBA can be most suitable for a professional looking to take a break from working and pursuing a full-time executive degree. 

A 1-year MBA is better for a working professional who is seeking a break from working professionally and wants to pursue a full-time degree course. However, EMBA can be a better option for someone in the middle of their career journey looking to pursue a flexible executive degree within a relatively affordable range. 

EMBA is a better and more tailored option for a working professional who already possesses experience of working in the professional field. An MBA is more suited to the needs of students and aspirants seeking to start a career in management. 

Going for an online MBA may be more advantageous or convenient for you if you are a working professional because it helps you to manage your work commitments alongside course work. An online MBA course has equivalent credibility and value as a regular MBA in addition to other advantages like flexible criteria for attendance, online classes with recordings, placement support, LMS support etc. 

The average fee range for an MBA of working professionals can vary depending upon whether you go for an executive MBA (INR 1,50,000-INR 15,00,000), a 1-year MBA (INR 5,00,000-INR 30,00,000), an online MBA (INR 1,00,000-INR 5,00,000) or a part-time MBA (INR 1,00,000-INR 5,00,000). 

The scope of professional opportunities can grow manifold after completing an MBA for working professionals. Graduates of these courses can apply to middle to senior managerial job positions, strategic positions as well as leadership positions. The professionals can get job opportunities anywhere within a salary range of INR 20 LPA to INR 35 LPA with added compensatory benefits after completing executive MBA courses. 

Yes, an MBA course, especially one designed specifically for working professionals and executives, can provide an edge to your educational and professional profile. It can equip you as a professional with the requisite skills and competencies needed to thrive in the professional sphere along with scope for career escalation.  

Recommended for you

Tired of dealing with call centers!

Get a professional advisor for Career!

LIFETIME FREE

Rs.1499(Exclusive offer for today)

Pooja

MBA 7 yrs exp

Sarthak

M.Com 4 yrs exp

Kapil Gupta

MCA 5 yrs exp

or

avatar
avatar
avatar
GET A CALL BACK
Talk to Career Experts