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iim mba for working professionals

Updated at : February 7, 2024

IIM MBA For Working Professionals

IIM MBA for working professionals is one of the best-suited management programs for executives to survive today’s volatile and competitive industry environment. With this online MBA course, you can live your dream of studying at IIM without even appearing for an entrance exam (CAT, MAT, etc.) The core learnings of this program help you develop an in-depth understanding of management functions for different industries.

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No. of Universities

1

Course Duration

2 - 3 Years

Eligibility

Graduation + Work Experience

Learning Mode

Online

EMI Facility

Available

IIM MBA For Working Professionals Program Overview

As a business professional, you must have felt the need to upgrade yourself with the recent tools and technologies. An MBA program in any specialization can make up for this and help you excel in your career. However, your financial responsibilities do not allow you to quit your job to pursue an MBA program. Well, an “IIM MBA for Working Professionals” is a perfect solution to this global problem. Let's explore some of the key highlights of this program. 

Indian Institutes of Management (IIMs) are the top-rated management institutes in India. They are known for providing world-class business education. After addressing the concerns of working professionals, the institutions have come up with a range of management courses, especially for them. These management courses known as IIM MBA for Working Professionals are offered in a blended format including online sessions with faculty, recorded lectures, digitized study materials, and an option for campus immersion. 

Key Benefits of IIM MBA for Working Professionals:

Different names at different institutions refer to these programs. Some of the popular ones are the Executive Post Graduate Programme (EPGP), Post-Graduate Programme in Management for Executives (PGPx), Executive Development Program (EDP), Post Graduate Programme (PGP), and many more. Ranging between 1-2 years, these courses make you complete your program and your job in a shorter period than a regular IIM MBA.

The best part about these courses is that they are offered at quite a low fee package in comparison to the IIM on-campus MBA. Moreover, you do not need to have a high CAT score to apply for these courses. These programs are based on a direct admission format and at some IIMs you might have to appear for a comparatively easy aptitude test. Furthermore, your professional experience is addressed well for enrolling in this executive MBA course. 

Key Highlights of IIM MBA For Working Professionals In India

  • Learn the latest management skills and advanced business tools from the top-notch faculty and industry experts of IIMs.
  • Attend live sessions to connect with instructors and clear your doubts instantly. 
  • Strengthen your theoretical knowledge with an updated course curriculum that covers all the basic and advanced details of the management field.
  • Access webinars, past projects, notes, alumni testimonials, assessments, etc. to build a strong foundation for business strategies.
  • Avail the opportunity to visit the IIM campus via a workshop by choosing the Campus Immersion option.
  • Work on industry-based projects to enhance your practical knowledge.
  • Complete your IIM MBA program at a lower cost than that of an on-campus IIM course.
  • Live your dream of studying at IIM without even appearing for the CAT exam.
  • Multiply your career options 10X with a “Certificate of Completion” from IIM upon completion of the program.

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IIM MBA For Working Professionals Course Subjects/Syllabus

The exact names of the subjects taught in this program may differ at different institutions. However, the prime motive for upskilling the knowledge of executives in business aspects remains the same at all of them. The topics covered in the live sessions of the Executive Post Graduate Programme in Management at IIM Raipur are listed below to give an idea of the course design.

Term I

Term II

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

Term III

Term IV

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

Term V

Term VI

  • Elective 1
  • Elective 2
  • Elective 3
  • Elective 4
  • Elective 5
  • Elective 6
  • Elective 7
  • Elective 8
  • Elective 9
  • Elective 10

Mini-term

  • Mini Dissertation
  • Integrated Business Simulation

Note: The list of electives will be provided by the institution before the commencement of term V.

IIM MBA For Working Professionals Eligibility & Duration

The minimal requirements for enrollment in this blended MBA program may change depending on the IIM you select. To give you a broad sense of what is needed, some of the prerequisites are mentioned below.

  • A master's or bachelor's degree from an accredited university in any field.
  • A minimum of 50% in the last qualifying degree, or an equivalent CGPA.
  • Having excellent command of the English language.
  • 2-3 years' worth of job experience is a minimum.

Note: Some IIMs need certain subjects, such as statistics and mathematics, to be among the major ones in 10+2 or graduation. So, before enrolling, thoroughly consider your institution and make sure everything is in order.

The IIMs' executive MBA programs run anywhere from 12 to 24 months. You will have 24-hour access to your selected institution's learning management system (LMS) to access digitally available study materials. Additionally, a three to four-day-long optional workshop at the institution’s campus will be covered during this time. This will give a real college experience while studying in an online mode.

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Program Fees for IIM MBA For Working Professionals

Starting at ₹ 6,776/month

Program Fee: ₹60,000 - ₹2,50,000

Low Cost EMI Available

Recommended

The cost of IIM's executive MBA programs ranges from 6 to 13 lakhs INR. Depending on which IIM you select, the precise course cost varies. When compared to the standard IIM MBA courses, this fee range is extremely reasonable. You can also pay the amount in installments at the start of each term or semester. As a result, the IIM MBA for working professionals program not only enables flexible scheduling for your studies but also lowers the cost of your higher education. 

Note: The GST charges are to be paid separately in addition to the course fee.

IIM MBA For Working Professionals Admission Procedure

A multi-step review process has been developed by Indian Institutes of Management (IIMs) to enroll candidates in IIM Executive MBA Programs. If you satisfy the requirements of the eligibility list of your chosen IIM, you must register on its official website. In the next step, register online or Sign Up to access the online application form. Complete all required fields, attach scanned copies of relevant documents (such as professional certifications, academic transcripts, and test results from common IIM exams like the CAT and GMAT), and then submit the application.

Following the submission of the application and supporting documentation, you must show up for the entrance exam or the personal interview for the program, if mandatory at your selected IIM. The ultimate decision on your selection will be made by the institution using your work history, UG/PG grades, and test results. On accepting the admission offer letter, pay the initial installment of the course fee or the booking amount to reserve your seat in the next batch of the course.

 
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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 MBA For Working Professionals

If you are a part of the corporate world and aspire to become a proficient professional in your field, an IIM MBA for executives is one of the best choices. You can make your learning journey easier by obtaining education loans and EMI plans when you enroll in IIM MBA for Working Professionals. With these options for fee payment, you can better manage your expenses as course fees are not too low to get deposited easily in one go. Thus, this facility allows you to pursue your education without worrying too much about money. 

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Is IIM MBA For Working Professionals Worth it?

An IIM Executive MBA is an intensive MBA program designed for professionals who are already serving in the management field or those who want to switch their careers to this line. With numerous technical advancements in the field, it becomes quite difficult for professionals to fit into their job roles. In that case, having an opportunity to upskill your existing business knowledge without leaving your job via the best management institutions in India is a blessing. 

Moreover, the ongoing demand for managerial skill-set-equipped professionals in the different sectors of the industry can be easily met via this special IIM MBA program. Furthermore, with no restriction on your graduation or postgraduation discipline and short duration have marked this program in a special place among the executives. 

The program offers an ideal blend of theoretical and practical learning. Its focus on entrepreneurial skills promotes innovation and provides learners with advanced strategy methods to drive organizational growth. In addition to learning benefits, global networking, and industry connections are the major benefits that you get through this program of IIM. 

Thus, if you wish to uplift your career in terms of knowledge, job designation, and salary packages, an IIM MBA for Working Professionals might be the best choice for you. Its job-assured outcomes with an IIM certification and expert-delivered advanced management skills are worth your time and money!

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Job Opportunity after IIM MBA For Working Professionals

IIMs are not only known for providing excellent management education but also have some strong connections in the industry. Thus, getting an IIM’s name in your CV via this working professional MBA is quite beneficial for the positive growth of your career in the long run. 

The completion of this executive MBA course will make you explore almost all the sectors of the industry. The advanced business tools and management skills you have learned in this course will help you secure your desired job position in a reputed firm. 

From the long list of job opportunities available after this program, a few are provided below: 

Product Manager

Project Manager

Financial Advisor

Administrative Manager

Business Analyst

Management Consultant

Sales Manager

Human Resource Manager

Investment Banker

Marketing Manager

Top Recruiters for IIM MBA For Working Professionals

IIM MBA for Working Professionals not only provides you with global recognition in the industry but also helps you earn quite high salary packages at the mid-level of your career. Executives with this management certification are actively hired by the top MNCs. Even domestic firms frequently assign IIM-certified professionals to managerial posts in different departments of their organization. Getting associated with a leading firm in the industry is quite valuable to your career growth and helps you reach new heights in your profession.

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

IIMs offer an MBA for Working Professionals that allows you to continue your job while studying. The online sessions, recorded lectures, and other reference materials available on LMS allow you to study from anywhere at any time.

The starting price of the IIM executive MBA program is 5 Lakhs INR plus GST. Thus, there is a possibility that you can complete your IIM management program under 7 Lakhs.

IIM Bangalore, IIM Raipur, IIM Rohtak, and IIM Sambalpur are some of the IIMs offering executive MBA programs.

IIM Executive MBAs do not need you to clear CAT with 99 percentile. Without even appearing for any national-level management entrance exams, you can enroll in this program. At some IIMs, you might need to clear an institution-specific aptitude test. 

IIM Executive MBAs are introduced with the EMI facility in their fee payment option. Thus, even if you do not have a high earning, you can still use this financial aid to complete your IIM management course.

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