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iim executive programs for working professionals

Updated at : February 7, 2024

IIM Executive Programs For Working Professionals

IIM Executive Programs For Working Professionals is one of the best management programs for executives to survive the unstable and cutthroat business climate of today. The program is designed in a way to equip you with fundamental business lessons and provide you with a comprehensive understanding of management roles across various industries. By enrolling in these programs, you can fulfill your dream of attending IIM without even having to take any entrance exam (CAT, MAT, etc.). Join these affordable IIM executive courses to enhance your professional opportunities.

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No. of Universities

1

Course Duration

1 - 2 Years

Eligibility

Graduation + Work Experience

Learning Mode

Online

EMI Facility

Available

IIM Executive Programs For Working Professionals Program Overview

At some point in your career, you must have felt compelled to update your skills with the newest tools and technologies as a business professional. You can make up for this and advance in your career with the support of a management program in any specialty. However, many restrictions do not let you leave your current position to enroll in a regular management program. Well, this global issue has been resolved and is issued as a course in the market by top management institutions in India, IIMs, in the name of "IIM Executive Courses for Working Professionals." 

IIMs have a reputation for offering top-notch business education. Following challenges faced by working professionals, the institutions have developed a variety of management courses tailored specifically for them. The IIM executive management courses are provided in a blended format that combines online instruction with faculty, lecture recordings, digital study guides, and the opportunity for 2-4 days of on-campus immersion.

Why You Should Pursue an IIM Executive Program?

These programs go by different names at various institutions. The Executive Development Program (EDP), Post-Graduate Programme in Management for Executives (PGPx), Executive Post Graduate Programme (EPGP), Post Graduate Programme (PGP), and many more are a few of the well-known ones. These courses, which last one to two years, force you to finish your program sooner than with a traditional IIM MBA program while continuing your job.

Coming to the affordability of these programs, when compared to the IIM on-campus MBA, the fee package is fairly inexpensive. Furthermore, you are well-addressed for your professional background in the industry through these executive management courses. Additionally, applying to these courses does not require you to have a high CAT score. These programs follow a direct admission model but some IIMs may require you to take a relatively easy aptitude test for it.

Key Highlights of IIM Executive Programs For Working Professionals In India

  • Discover cutting-edge business tools and management techniques from the esteemed faculty and industry professionals at IIMs.
  • Attend live sessions to ask questions to the lecturers and get your answers right away. 
  • Invest in an updated course curriculum that includes all the fundamental and complex aspects of the management sector to strengthen your theoretical understanding.
  • Get access to notes, assessments, alumni testimonies, webinars, previous projects, and more to provide a solid basis for business strategy.
  • Select the Campus Immersion option to take advantage of the chance to tour the IIM campus during a workshop.
  • Take on projects centered around the industry to improve your application-based understanding through practice.
  • Spend less money on your IIM MBA program than you would on an on-campus course.
  • Without ever taking the CAT exam, fulfill your ambition of attending IIM.
  • Upon completion of the program with a "Certificate of Completion" from IIM, your job prospects will multiply by many folds.

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IIM Executive Programs For Working Professionals Course Subjects/Syllabus

The precise titles of the courses taught in this program may vary depending on the institution you choose. Nonetheless, the basic cause to improve leaders' business acumen across the board is still the same. To provide you with an idea of the course structure, the topics covered in the IIM Raipur's Executive Post Graduate Programme in Management are given below: 

Term I

Term II

  • Microeconomics for Managers
  • Marketing Management I
  • Business Statistics
  • Operations Management I
  • Spread-Sheet Modeling
  • Organizational Behavior
  • Financial Accounting
  • Business communication
  • Operations Research
  • Macroeconomics for Managers

Term III

Term IV

  • Corporate Finance
  • Strategic Management I
  • Management Information Systems
  • Marketing Management II
  • Operations Management II
  • Human Resource Management
  • Legal Aspects of Business
  • Supply Chain Management
  • Business Research Methods
  • Strategic Management II

Term V

Term VI

5 Elective Subjects

Another 5 Elective Subjects

Mini-term

  • Integrated Business Simulation
  • Mini Dissertation

Note: You will need to choose 5 electives each for terms V and VI from the list of electives provided before the start of term V by the institution.

IIM Executive Programs For Working Professionals Eligibility & Duration

Depending on which IIM you choose, the minimum requirements for enrollment in the blended executive MBA program may vary. Listed below are a few of the prerequisites to give you an idea of what is required.

  • A bachelor's or master's degree in any subject from a university with government approvals.
  • 50% or higher percentage on the most recent qualifying degree, or a comparable CGPA.
  • An outstanding fluency in the English language.
  • A minimum of 2-3 years of work experience is required.

Note: A few IIMs require specific subjects to be among the major ones in 10+2 or graduation, like statistics and mathematics. Thus, it is advised to carefully consider your institution’s requirements and make sure everything is in order before enrolling.

The duration of the executive programs offered at the IIMs ranges from 12 to 24 months. You will have round-the-clock access to digital study materials through the learning management system (LMS) of your chosen university. During this time, a three- to four-day optional workshop at the institution's campus will also be covered. This will provide an authentic university experience through online learning.

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Program Fees for IIM Executive Programs For Working Professionals

Starting at ₹ 6,776/month

Program Fee: ₹60,000 - ₹2,50,000

Low Cost EMI Available

Recommended

The executive management programs offered by IIM are priced between 5 and 15 lakhs INR. The IIM you choose will determine the exact course fee. The fee range mentioned here is very affordable in comparison to the regular IIM MBA courses. At the beginning of each term or semester, you have the option to pay the balance in installments. Consequently, these executive programs lower the cost of your higher education while also allowing you to study on a flexible schedule. Another important point to keep in mind is that in addition to the course fee, separate payment of the GST charges is required at the admission time.

IIM Executive Programs For Working Professionals Admission Procedure

Indian Institutes of Management (IIMs) have designed a multi-step admission process for applicants to enroll in their executive programs. To begin with the procedure, you need to register on the official website of the IIM of your choice if you meet the requirements listed on its eligibility list. This will make the online application form accessible once you log in with your registered ID and password. After filling out all the required fields and attaching scanned copies of pertinent documents (like academic certifications/marksheets, professional certifications, and CAT/GMAT results), apply.

Once your application and supporting materials have been submitted, you will need to appear for either the entrance exam or an in-person interview if one is required at the IIM of your choice. The final step will be the fee payment step just like in other programs. After receiving the admission confirmation letter from the institution, you need to pay the booking amount mentioned in it to reserve your seat in the upcoming batch of the program.

 
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Growth of Online Education in India

  • Online education in India is set to grow at a CAGR of 19.9% by 2030.
  • Skill development and employment are the major driving forces for this growth.
  • Higher education is gaining popularity in this online medium.
  • Financially affordability is a significant contributor to this boom.
  • The increased adoption of technologies, i.e., the Internet and smartphones, has increased accessibility significantly.
  • The advantage of flexibility in terms of time and location is the key highlight.
Growth of Online Education in India

Education Loan/EMI Facilities for IIM Executive Programs For Working Professionals

One of the greatest options if you work in the corporate world and want to advance to a professional level in your field is to pursue an executive program from IIM. On enrolling in these programs, you can get EMI plans and education loans to facilitate your learning process. This way you can more effectively manage your spending and complete your program without realizing any financial burden. As a result, you can enjoy your learning journey without having to worry too much about course fees. 

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Is IIM Executive Programs For Working Professionals Worth it?

If you are someone who is stuck between a 9 to 5 job and is eagerly waiting for an opportunity to upgrade yourself while staying in your job, you have one now in the name of “IIM Executive Programs for Working Professionals.” These are specially designed courses that are introduced by the top management institutions in India to fulfill the needs of the Indian workforce in the business domain.

Executive courses of IIMs are designed by experts in the field to help working professionals keep up with the new advancements in the field. The updated course curriculum, digital learning facilitations like online sessions, recorded lectures, 24*7 available digital academic resources, and an IIM certification at the end of the program are some of the features of these programs that can make you achieve your career goals at a faster pace.

In the past few years, there has been an increasing demand in the market for managerial skill-set-equipped professionals. This demand of the industry can be easily fulfilled at a global level with an IIM Executive Program. The reputation of IIMs in top-rated organizations is quite notable and can be taken as an advantage in navigating promising career opportunities. These programs not only help you in settling at your desired firm in India but can even make you explore the international job market.

In addition to the academic facilitations and career prospects, these IIM programs offer you great affordability and let you complete your course in 1-2 years. Thus, there is a possibility that you end up completing your program in less time than that of a regular MBA course while continuing your job. All of the above-mentioned features make the IIM executive courses worth pursuing.

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Job Opportunity after IIM Executive Programs For Working Professionals

Adding the name of an IIM to your resume is very advantageous for the long-term growth of your career. The reason behind this is not only limited to top-notch management education but is also due to the number of solid professional relationships these institutions hold within the industry. 

Completing an executive course from IIM will force you to investigate nearly every industry sector. The sophisticated business tools and management techniques you acquire in these courses will assist you in landing the job you want at a reputable company. 

A few job titles with their average pay scale that you can explore on completing an executive program from IIM are listed below.

Job Profiles

Average Annual Salary (INR)

Chief Executive Officer

30 LPA

HR Director

29 LPA

Marketing Director

26 LPA

Product Development Manager

15 LPA

Chief Operating Officer

14 LPA

Chief Financial Official

13 LPA

Project Manager

13 LPA

Infrasctruture Manager

11 LPA

International Business Manager

10 LPA

Operations Manager

7.8 LPA

Top Recruiters for IIM Executive Programs For Working Professionals

In addition to giving you industry recognition on a global scale, the IIM executive courses enable you to secure a respectable pay package at any point in your career. The leading multinational corporations actively hire executives who possess an IIM certification. Moreover, IIM-certified professionals are routinely assigned to managerial positions in various departments of even reputed Indian organizations. Joining a top company or a brand name can be very beneficial to your professional development and can help you advance to new heights.

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Let's clear up some doubts about IIM Executive Programs For Working Professionals

IIM Executive Programs for Working Professionals are specially curated management courses for working executives. They cover all the recent developments in the management field and provide you with intensive tool training required in the business field.

IIMs offer executive courses of different durations ranging between 1-2 years. So, there is a possibility of you completing your management program from IIM in just 1 year.

The minimum fee that you spend on an IIM Executive Course is 5 Lakhs INR and it can go up to a maximum fee of 20 Lakhs INR.

As per a report, around 39% of professionals who have completed their IIM Executive Program have been promoted to managerial positions with a decent salary hike. Thus, the scope of these IIM programs is quite promising for professionals.

The minimum package that you are offered upon completion of an IIM Executive Course is around 8 LPA. This may vary based on your experience and the recruiting firm.

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