Management courses have always been a favorite choice amongst thousands of students and professionals. For many years, if somebody wanted to do an Indian graduate management course, he or she had to appear for competitive entrance exams. Since the competition was fierce, only 1 percent of the total applicants could achieve desired results. Those who failed to pass the entrance test chose to study abroad if they could, or simply picked another option. And, such choices apparently blocked their chances of coming back.
However, a change started taking shape when about ten years back one of the business schools in India opened another avenue in the city of Hyderabad with launching a midcareer M.B.A. program. It was something unique and could be completed over a span of one year only. The ratio of enrollment in this program also increased compared to 2001 from just 126 to 575. The program is well received by the candidates and as a result, the school is planning to build its second campus the coming year for over 200 candidates in Mohali, Punjab, one of the wealthiest states of India.
Today, a large number of top business schools in India are providing 1 year executive program in MBA. This course is specially meant for computer professionals and those who belong to technical backgrounds. It is useful for those who are interested in changing the course of their careers or want to assume new roles and responsibilities at the organizational level.
Institutions, which are providing such courses, feel that their students are as efficient as those who study two year M.B.A programs. Some employers do not agree with this, while alumni, teachers and placement cells are confident that recruiters will also accept this soon.
Some of the reputed institutions that run one year executive MBA programs can see increased demand in this sphere. The Noida campus of the Indian Institute of Management was mainly opened for this executive course only.
In the first three years, less than 50 enrollments were made for the executive programs, but it increased to 67 over a period of time. A credit for this is attributed to the facility of new residential building.
One of the students of the Narsee Monjee Institute of Management Studies Bangalore was working as a computer software engineer. After the completion of his 1 year executive program, he joined HSBC in Bangalore. He got this opportunity when he was still studying. He said that earlier he was designing software programs for others to use and now, he himself is a user of such tools and methods. He is doing well in the business sphere. He added that many people are looking for this course nowadays.
Further, the Indian Institute of Management, Ahmedabad is also witnessing rising demand in its one year executive M.B.A. program. Institute’s director Samir K. Barua endorsing this fact said that the total demand for the program has shot up by 25 percent in 5 years. In fact, the popularity of this course is so vast that students with 10 years of professional experience are also enrolling in this course in the state of Gujarat.
Many feel that since a large number of students seeking admission to this course have considerable work experience, the program needs less communication hours than the two year MBA course.
Another reason behind the popularity of the executive programs is that the working professionals are not only able to learn more information but can also make its faster and effective use than those who pursue two-year program without any work experience. Along this line, director of the Xavier Labour Relations Institute Jamshedpur, E. Abraham expressed that midcareer professionals are not only able to introduce fresh ideas at the middle to senior levels, but also have the ability to perform from the very first day of their joining.
While all this sound promising, there are some human resources officials who feel that employers still prefer to recruit candidates from two year MBA programs and one year degree courses as well. They are of the opinion that students from two year management programs have more things to show and pressing two years of information into one year course results in weak content.
No doubt, these concerns hold valid points, but more such courses will be introduced in near future to satisfy the demands of Indian corporations. In recent times, many organizations have evolved and are creating great employment opportunities. This, in turn, is leading to a gap that should be filled up soon by several engineers.
Furthermore, there are some students who opine that the attitude towards one year program needs to be changed. Most people are interested in leading a campus life and hence, they fail to attach real value to these short-term courses. Those who have done short term programs feel that their prior work experience helps them to be a better student. They become more practical and less theoretical and can apply the newly gained knowledge in more effective way.
Echoing the same opinions, some students add that one year programs make them go-getter compared with two year courses. Marketing and strategy building activities become clearer to them.
There are some students who were doing great in their jobs, but somewhere down the line, they felt this urge to expand the base of their knowledge. They realized that many things need to be learnt even while doing a job and for this, one year programs are the great solutions. Owing to this, many students opt for one-year M.B.A. program offered by the Indian Institute of Management, Lucknow and other such reputed centers of learning.
At the end of these professional courses, these candidates either join big organizations at leading positions or opt for a trainee profile. Whatever be the choice, the end result is definitely pleasant because they are the ones who can strike a perfect balance between their practical and theoretical knowledge.
So, for all those who were thinking of doing executive program in MBA, but hesitated to make a final decision, it’s the right time to make a move.
However, a change started taking shape when about ten years back one of the business schools in India opened another avenue in the city of Hyderabad with launching a midcareer M.B.A. program. It was something unique and could be completed over a span of one year only. The ratio of enrollment in this program also increased compared to 2001 from just 126 to 575. The program is well received by the candidates and as a result, the school is planning to build its second campus the coming year for over 200 candidates in Mohali, Punjab, one of the wealthiest states of India.
Today, a large number of top business schools in India are providing 1 year executive program in MBA. This course is specially meant for computer professionals and those who belong to technical backgrounds. It is useful for those who are interested in changing the course of their careers or want to assume new roles and responsibilities at the organizational level.
Institutions, which are providing such courses, feel that their students are as efficient as those who study two year M.B.A programs. Some employers do not agree with this, while alumni, teachers and placement cells are confident that recruiters will also accept this soon.
Some of the reputed institutions that run one year executive MBA programs can see increased demand in this sphere. The Noida campus of the Indian Institute of Management was mainly opened for this executive course only.
In the first three years, less than 50 enrollments were made for the executive programs, but it increased to 67 over a period of time. A credit for this is attributed to the facility of new residential building.
One of the students of the Narsee Monjee Institute of Management Studies Bangalore was working as a computer software engineer. After the completion of his 1 year executive program, he joined HSBC in Bangalore. He got this opportunity when he was still studying. He said that earlier he was designing software programs for others to use and now, he himself is a user of such tools and methods. He is doing well in the business sphere. He added that many people are looking for this course nowadays.
Further, the Indian Institute of Management, Ahmedabad is also witnessing rising demand in its one year executive M.B.A. program. Institute’s director Samir K. Barua endorsing this fact said that the total demand for the program has shot up by 25 percent in 5 years. In fact, the popularity of this course is so vast that students with 10 years of professional experience are also enrolling in this course in the state of Gujarat.
Many feel that since a large number of students seeking admission to this course have considerable work experience, the program needs less communication hours than the two year MBA course.
Another reason behind the popularity of the executive programs is that the working professionals are not only able to learn more information but can also make its faster and effective use than those who pursue two-year program without any work experience. Along this line, director of the Xavier Labour Relations Institute Jamshedpur, E. Abraham expressed that midcareer professionals are not only able to introduce fresh ideas at the middle to senior levels, but also have the ability to perform from the very first day of their joining.
While all this sound promising, there are some human resources officials who feel that employers still prefer to recruit candidates from two year MBA programs and one year degree courses as well. They are of the opinion that students from two year management programs have more things to show and pressing two years of information into one year course results in weak content.
No doubt, these concerns hold valid points, but more such courses will be introduced in near future to satisfy the demands of Indian corporations. In recent times, many organizations have evolved and are creating great employment opportunities. This, in turn, is leading to a gap that should be filled up soon by several engineers.
Furthermore, there are some students who opine that the attitude towards one year program needs to be changed. Most people are interested in leading a campus life and hence, they fail to attach real value to these short-term courses. Those who have done short term programs feel that their prior work experience helps them to be a better student. They become more practical and less theoretical and can apply the newly gained knowledge in more effective way.
Echoing the same opinions, some students add that one year programs make them go-getter compared with two year courses. Marketing and strategy building activities become clearer to them.
There are some students who were doing great in their jobs, but somewhere down the line, they felt this urge to expand the base of their knowledge. They realized that many things need to be learnt even while doing a job and for this, one year programs are the great solutions. Owing to this, many students opt for one-year M.B.A. program offered by the Indian Institute of Management, Lucknow and other such reputed centers of learning.
At the end of these professional courses, these candidates either join big organizations at leading positions or opt for a trainee profile. Whatever be the choice, the end result is definitely pleasant because they are the ones who can strike a perfect balance between their practical and theoretical knowledge.
So, for all those who were thinking of doing executive program in MBA, but hesitated to make a final decision, it’s the right time to make a move.
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