IIM Sirmaur Executive MBA in Strategic Management

The Executive MBA in Strategic Management is a 2-year specialization program that covers the field of management with the opportunity to specialize in Strategic Management. The program is designed to develop a foundation in core functional areas of management to get an all-around development in management knowledge & skills required to live the essence of being a business leader who employs his/her management prowess to get the best out of subordinates, make decisions that impact the organization's growth, frame strategies that enhance the product/service’s selling targets, team-building techniques for better communication, leverage multiple areas for better coordination, etc.

The curriculum is designed to enhance the student’s ability to grasp the theoretical aspects of management to assimilate the tricks & trades of management that are used in applying the values, concepts, and scenarios as a well-built manager who acquires the skills to practice the art of management at the workplace. The student is taught with the aid of scenarios, innovations, and ideas of the process that a manager is bound to go through from the beginning of a given project/task to the execution of it. Critical & innovative thinking is fostered among the students so that they think from the perspective of an entrepreneur and product/service, that derives the feature inputs that are required to build a new product/service from scratch or rebuild a new product/service on the original or add features on the existing product.

The specialization of Strategy Management is paramount in the current times where Strategy as a domain itself is impactful in transforming the battleground that is the market. The strategy revolves around the dynamics of the market and the current trends that have been defining the status quo for a product/service to thrive. The real art of Strategy is to consider all the stakeholders, the student is meant to understand the needs & wants that are defining the interests of these stakeholders, and on that basis, the specifics of a strategic plan are laid out since these factors are the targets which need to be cleared for the product/service to flourish.

The other aspect which the student must familiarize, that is essential for a strategic approach is the risk each strategy poses to the organization and the stakes that are involved which leads to the necessity to formulate a contingency strategy so that the organization sustains. This fosters the ability to be bold but careful at the same time when framing well-laid strategies. This program helps in acquiring skills that require the student to analyze business landscapes to add context that is relatively more relevant for the business to strike a chord with, which enables the student to learn the needs & wants of the landscape and how to position it to work along with the business environment.

The fee for the Executive MBA in Strategic Management provided by IIM Sirmaur is INR 8 Lakhs. 

The eligibility criteria for enrolling in the Executive MBA in Strategic Management program provided by IIM Sirmaur are given in the following:

• The candidate must have a Bachelor’s degree from a legitimate university/institution in the format of 10+2+3.
• The candidate must have scored a minimum aggregate mark or its equivalent CGPA at graduation. The following are the minimum marks considered for each category of reservation: 
  • For SC/ST/PWD students: 45%
  • For General Students: 50%
• The candidate must have cleared, with a valid score, one of these exams given below: 
  • GMAT
  • XAT
  • GATE
  • GRE
  • IIM Sirmaur Ex-MBA test
  • CAT

The IIM Sirmaur Online offers loan facilities to its students enrolled in both inline and regular programs to offer financial aid to students who are unable to pursue their higher studies due to financial hindrances. The institute also offers various scholarships for financial assistance to the students, interested candidates can apply for the scholarship according to their eligibility criteria., which can be checked on the official website of IIM Sirmaur. A few scholarships offered at the institute are:

• Post Matric Scholarships Scheme for Minorities
• Scholarships for Top Class Education for students with disabilities.
• National Means Cum Merit Scholarship
• Prime Minister's Scholarship Scheme For RPF/RPSF

Note: There is no fee for a Ph.D. student, meanwhile they will receive 30,000 INR per month for 5 years to cover the living expenses of the student.

The syllabus of the Executive MBA in Strategic Management provided by IIM Sirmaur  is given in the table below, which consists of  core management courses as well as specialization-based courses:

The examination process at IIM Sirmaur Online has the main focus on bringing out the qualities of an individual during their academic journey these examinations assist students in enhancing their skills and building industry-oriented skills which are very fruitful in the global competent market. The examination pattern of the Institute consists of two major components: internal assessment and term-end examinations respectively that are mandatory to attend.

These examinations combined focus on the practical and theoretical understanding of a student throughout their program., they also include a few assignments given to every student at the beginning of their program, and marks obtained in the projects are also included in the final results. Students are also graded based on their understanding of analytical tools, practical knowledge, and theoretical understanding.

There is a certain demand for management professionals who are creative and crafty when it comes to framing strategies. The students of this program must meet the current standards of the organizations of today, who can study & research the markets, trends & the economy itself where all the stakeholders will be considered to lay out strategies that are going to define the way of the direction an organization is headed. The student needs to understand the tools & techniques that are required to be well-informed about the uncertainties that are a risk in each strategy involved.

The student must be keen to adapt to the system of organization so that he/she can refine the adeptness learned through the program that is in coherence with the organization’s ethics, values, and status quo that keeps getting better from time to time with innovation and evolution depending on the moves these managers are bound to make. Some of the job roles taken up by the students of the Executive MBA in Strategic Management who want to carve a niche in the strategic management domain are given in the following: