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.