What Is The Strategic Role Of An Executive MBA In IIM Raipur In Your Career?

What Is The Strategic Role Of An Executive MBA In IIM Raipur In Your Career?

Individuals wanting to climb the corporate ladder can choose from various Executive MBA Career alternatives. With the help of an Executive MBA from IIM Raipur (EMBA), students can advance their education without endangering their careers. The course offers a variety of specializations that students can select from based on their interests. Business analytics, business management, finance, accounting management, human resource management, sales, and marketing, among many others, are some of the most popular Executive MBA specializations.

Introduction

After completing the program, graduates with an Executive MBA degree experience a considerable income increase of about 13.5 percent. Executive MBA programs are created especially for working professionals who wish to enhance their organizational capabilities in human resources to adapt to a competitive and fast-paced business environment and maintain their relevance in the labor market.

Enrolling in the Executive MBA IIM Raipur program online has become a viable alternative for young and mid-level workers due to the developing necessity for ongoing learning. Professionals seeking to develop their skills and move up the corporate ladder might consider IIM Raipur's Executive MBA Program.

What is an Executive MBA vs MBA?

An executive master of business administration degree is known as an EMBA. These are typically two-year courses designed for students who have held leadership positions for at least five years. Most participants in this program work full-time and attend classes on Fridays, weekends, or evenings.

Compared to MBA schools, executive MBA programs are often far more rigorous. Students in the EMBA program frequently have much more experience than those in the MBA program. Although full-time day jobs are permitted for online MBA students, many MBA programs are designed for full-time students to finish their studies as rapidly as possible.

By nature, EMBA students continue to work their regular jobs, and many participate in the program funded by their employers. They get transferable skills from this program, like communication, leadership, and technological innovation, which they can use to help colleagues.

Executive MBA program offers fast-paced instruction and networking possibilities to persons with established careers. Students in an Executive Master of Business Administration program are significantly older than those in a conventional MBA program. The typical student is in their late 30s and has managerial experience. Prodigies valued executives and other corporate rock stars enroll in the EMBA program to develop their leadership abilities. Also, they gained knowledge of current business trends and could study at home on the weekends or in the evenings.

How might an Executive MBA advance your professional goals? 

 


 

Graduates with an Executive MBA degree earn significantly more money once they graduate. Executive MBA programs are specially made for working professionals who wish to sharpen their organizational abilities to adapt to a dynamic, competitive corporate environment and maintain relevance in the labor market.

With the rising demand for continual learning, enrolling in an EMBA program online has emerged as a realistic choice for young and mid-level workers. It is a great option for professionals looking to rise to management roles.

You may have significant effects from having an Executive MBA, which has its issues. But, being adaptable while working and learning at your own pace greatly impacts your personal and professional lives.

Now, look at the elements listed below to learn how an EMBA might advance your career.

1. Network building

An Executive MBA course draws students from various industries, which enhances the learning experience for any professional by exposing them to new business practices, tactics, and concepts. Also, it offers a chance to socialize and pick up new skills.

The majority of Executive MBA program benefit from group structure, which fosters professional network growth, ongoing professional development, and thought leadership. Students can improve their careers by extending their networks and sectors beyond their existing networks and industries.

2. Increase in earnings

The valuable new leadership and management talents you bring to the table will probably be noticed by executives who want to keep them. They will provide you with a strong negotiation position regarding promotions and compensation. Also, it can be a sign that you'll progress professionally at your current company. Your chances of progression rise if you earn an Executive MBA from a recognized institution.

3. Personal and professional growth

As you learn during your course through networking and practical knowledge, an EMBA also helps you to improve personally and professionally. Also, it offers a great understanding of economics, finance, and company strategy. Throughout the course, students can participate in various skill workshops and webinars that will make them better individuals.

4. Immersive environment

Students in the executive MBA program must actively participate both on and off campus. They are required to engage completely with campus life by participating in various events. Students are frequently urged to use what they learn in their professional lives simultaneously, even in executive MBA programs that offer classes on the weekends.

5. Leadership skills

The range of case studies and experiments taught in the Executive MBA program provides information on market challenges. Additionally, it offers a thorough comprehension of a senior executive's daily difficulties. Participants develop their ability to deal with misunderstandings and confusion due to making and defending judgments.

Case studies may include contradictory data, forcing learners to compromise while making complex judgments. Such practical experience is essential since it helps generate insightful perspectives for upcoming senior responsibilities.

6. Promote Your Resume

A lot of professionals enroll in an executive MBA to advance their careers and professional development. With this degree, people can show how it has improved the value of their resumes. Most importantly, it significantly impacted their career and aided in their success. Also, it aids in your advancement inside the company. You can continue your education without taking any employment breaks, too.

7. Management Learning

The EMBA program will identify participants as future leaders and teach them new management techniques. You can advance quickly in the firm, take on new tasks, and manage bigger responsibilities. Adopting management leadership that will significantly impact the organization and offers promising futures is beneficial.

8. Return on Investment

A wage increase and education are both benefits of an executive MBA. Your pay scale will improve along with your tasks and responsibilities. It also creates opportunities for a variety of job jobs across several industries. Executive MBA graduates often receive compensation packages between INR 10 lakhs and INR 40 lakhs.

9. Job Opportunities

The students have already accomplished professionals with years of experience. But, they are entering a world with greater career options and innovation by applying for an executive MBA. The new degree will enable them to approach their position with vigor and fresh eyes. The pursuit of entrepreneurship and knowledge advancement is also beneficial.

10. Future Evolution

EMBAs aid in career evolution for upcoming opportunities. It aids driven learners in their quest to expand their knowledge, hone their abilities, open up new opportunities, experience personal growth, and become authorities in their subjects. You will learn more than just the basics by studying under pros with various but similar mindsets.

Executive-MBA Specializations in 2023

With the executive MBA specialty, students can focus their electives in fields like marketing, finance, or management. Those pursuing particular executive MBA occupations might strengthen their resumes with an executive MBA specialty. Promising employees may also be asked to specialize by employers who invest in them.

For instance, students who work in finance and desire to advance to leadership positions within their companies may be eligible for corporate reimbursement plans that cover the executive MBA program. Employers who fund students' education may request that they match their program with executive MBA career opportunities available at the business.

Employment possibilities following an executive MBA rely on various variables, including geography, work history, and academic success.

Several other students might be considering switching to an executive MBA profession. Executive positions for MBAs often cross over into related departments. For instance, a student who works in marketing right now may want to go into sales management. In this situation, the student can enroll in a course that makes finding relevant executive MBA job possibilities easier.

Careers with an Executive MBA

The following Executive MBA positions are available for human resource specialists:

  • Sr. HR Manager

  • Recruiter

  • HR Business Partner

  • Senior HR Generalist

  • Training & Development Manager

  • HR Consultant

  • HR Officer

  • Director of HR

  • VP of Human Resources

Financial Executive MBA career options include the following:

  • Finance Manager

  • Vice President Finance

  • Financial Analyst

  • Financial Controller

  • Accounts Receivable Manager

  • Internal Auditor

  • Senior Financial Analyst

  • Senior Account Manager

  • Chief Executive Officer (CEO)

  • Consultant

  • Administration Manager

  • Mortgage Loan Processor

  • Business Analyst

The benefits of an executive MBA and its effects on careers in IT include moving into lucrative positions like:

  • Senior SAP Consultant

  • Management Consultant

  • Senior Project Manager

  • Internal Auditor

  • Quality Assurance (QA) Specialist

  • Business Analyst, IT

  • Administrative Manager

  • Business Development Manager

  • IT Manager

  • Lead Software Development Engineer (SDE)

  • Business Analyst, Software

  • Senior Test Engineer

  • Consultant

Following an executive MBA, the following career options are available in operations:

  • Operations Manager

  • General Manager

  • Project Manager

  • Business Process Consultant

  • Chief Executive Officer

  • Business Consultant

  • Data Analyst

  • Inventory Control Manager

  • Technical Operations Manager

  • Senior Business Analyst

  • Vice President (VP), Operations

For EMBA grads, there are numerous marketing-related career options. You would want to think about the following employment options after an executive MBA:

  • Business development manager

  • Management consultant

  • Brand manager

  • SEO Manager

  • Sales representative

  • Social media coordinator

  • Media planner

  • Product Manager

  • Head of digital marketing

  • Chief Marketing Officer (CMO)

  • Sales Manager

What should you look for while choosing an EMBA program?

You need to pick a program that's a good fit for you even though you might be a good fit for an EMBA program. Beck-Dudley advises aspiring EMBAs to start by looking into the caliber of the faculties of the program they are thinking about.

The curriculum and alums network of the program is additional issues. Ensure you're using an existing knowledge base only once regarding the latter. Because both the commute and the time spent in class will affect your personal life, convenience is another important factor.

But, there is a benefit to working side by side with the same group of pupils for two years.

IIM Raipur Executive Post Graduate Programme [EPGP]

A two-year Executive Post Graduate Program in Management is available online through IIM Raipur. Those with an undergraduate degree are eligible to apply. The applicant should also have a full-time managerial/ entrepreneurial/ professional job experience of at least two years. The application forms for Executive MBA at IIM Raipur are typically available in August.

Reviews Rating

8.22/10

Cost To Study

₹ 8,60,000 (2 Years)

Ranking

# Ranked 14/125 by NIRF Management Ranks

Highest Salary

₹42,15,000

Average Salary

₹17,73,000

General Course Details

Duration - 2 Years

Course Offered - Full-Time

Mode - Full-Time

Degree Type - On Campus

Course Level - Post Graduation

Course Credential - Degree

Eligibility

Graduation with 50%

IIM Raipur Executive MBA Basic Requirements

Applicants that are interested in applying for EPGP must meet the following requirements:

  • Applicants must hold a Bachelor's degree in any field with a minimum of 50% marks.

  • They must have no less than two years of professional, managerial, or entrepreneurial experience.

For women candidates, the minimum eligibility requirements are relaxed by 5%. and a 10% relaxation for candidates who are SC, ST, or PWD.

Entrance to the IIM Raipur Executive MBA Criteria

The IIM Raipur EPGP admission process is merit-based. Applicants are chosen based on their graduation, 10th, 12th, and post-secondary academic records, work history, and diversity factor. Those that have been shortlisted are then contacted for an interview round.

How to Apply for an Executive MBA at IIM Raipur?

To apply, take the following actions:

  • Go to IIM Raipur's main website and select Admission.

  • Register yourself now, then fill out the application with the necessary data.

  • Last, pay the Rs. 2500 application fee using Net Banking, a Debit Card, or Credit Card Documents. 

Documents Required

  • Marksheet and Certificate of Class X and XII

  • Graduation Marksheet & Certificate

  • Experience Certificate

  • Passport size Photograph

Executive MBA from IIM Raipur Course Details

  • The two-year Executive Post Graduate Course in Management (EPGP) comprises six terms plus a mini-term.

  • There is a blended learning component to the course. During the first semester, students must visit the campus.

  • The remaining terms will feature online learning. Nonetheless, lessons will be held on campus during the mini-term.

  • Core courses, advanced core courses, elective courses, a capstone project, and a mini dissertation make up the curriculum.

  • The required core courses total 450 hours, advanced core courses total 300 hours, and elective courses total 150 hours.

  • Core Courses will make up the first three terms, Advanced Core Courses will make up terms 4 and 5, Electives will make up term 6, and the Mini Term will consist of a Mini Dissertation and an Integrated Business Simulation.

  • Assignments, participation in class, quizzes, and mid- and end-term assignments are all ways that students will be continually assessed.

  • The electives must include human resource management, marketing, operations, IT & systems, strategy, and economics.

  • There are 34 credits in the entire course.

Why choose IIM Raipur for your Executive MBA

Due to its unique blend of academic excellence, social responsibility, and innovation, IIM Raipur offers the best management education in India. The following are some points in favor of choosing this campus for your executive degree:

  • Faculty Profile: IIM Raipur offers a wide range of highly trained, experienced professors with academic and industry experience. The institute is known for its research and teaching capabilities and commitment to providing the participants with the best learning experience possible.

  • Immersion Programs: IIM Raipur has a groundbreaking Immersion Program called the Rural immersion program or RIP. This offers students the chance to work and live in rural areas to gain practical experience and understand the circumstances of rural India.

  • Industry Interface: IIM Raipur is more than a decade old. It has established strong relationships with several companies in diverse areas. This allows its students to converse with powerful businesspeople, understand their perspectives, and apply what they have learned in the classroom to real-world situations.

  • Research Capabilities: The many research centers and initiatives at IIM Raipur include the Centre for Sustainable Management of Natural Resources and the Centre for Entrepreneurship and Innovation.

  • Alumni Network: The alumni network from IIM Raipur is widely dispersed throughout various professions. This helps students network, work together, and absorb knowledge from their peers.

  • Diversity on Campus: The academic and professional backgrounds of IIM Raipur students are extremely diverse. The institution promotes diversity in terms of gender, caste, and nationality.

The Bottom Line

Learning about diverse industries is part of an executive MBA program's curriculum for overall business development. Executive MBA programs frequently include various topics, teaching students to approach problems from various angles. The Executive MBA from  IIM Raipur is distinctive, with eleven specializations for professionals in the industry with a minimum of one year of full-time working experience.

With self-paced study and a capstone project to deepen the participant's understanding, the IIM Raipur Executive MBA program is one of India's finest Executive Online MBA. Professionals who complete the program obtain flexible knowledge and skills that allow them to shift their careers into different firms and industries or even find work inside their current organization.

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