IIM Calcutta offers an Executive MBA program along with its General MBA program. However, many MBA applicants are confused about choosing and what scope each of the programs offers. Both General MBA and Executive MBA at IIM Calcutta offer good scope, but the eligibility criteria, fees and purpose of the programs are different. Here we will compare the General MBA with an Executive MBA at IIM Calcutta for making a better choice.
The duration of IIM Calcutta’s EMBA is 1 year, whereas the normal MBA course is 2 years in duration. The eligibility for an EMBA is GMAT score and 5 years of work experience. For an MBA, one will need to clear CAT 2021 or GMAT to get shortlisted.
Post-completion of an Executive MBA at IIM Calcutta, students can avail excellent compensation packages between INR 22 – 27 LPA. The average salary package after completing the General MBA will fetch INR 25 LPA on an average. So, placement-wise both programs are at par. We will suggest all prospective management students to scroll down and read our comparison to make a better decision.
Generally, the EMBA (Executive Master of Business Administration) is considered better than an MBA. But in reality, both MBA and EMBA, hold equal importance and value on graduation. What makes both these MBAs different is their purpose, course curriculum, and delivery format, which gives different learning experiences to the students.
Both EMBA and MBA at IIM C are designed for the professionals to help them at different career stages. Therefore, both these degrees have other admissions prerequisites.
Eligibility criteria for Executive MBA at IIM Calcutta
EMBA course at IIM Calcutta is designed for managers who have working experience of at least 5 years. So, EMBA candidates have to differentiate themselves against other applicants by showing their prior work experience, managerial skills, leadership skills, etc. that are required to do an executive MBA course.
The general MBA course at IIM Calcutta is designed to educate students to become the future leaders and showcase their high levels of decision-making skills in the business sector. The General MBA at IIM C is a full-time two-year residential program where special focus is laid on improving students’ Accounting, Finance, Marketing, Operations, and Management skills. For a full-time MBA study, more focus is laid on CAT scores so that the most eligible candidates can get shortlisted during the selection process.
The length of both a full-time MBA and an executive MBA differ at IIM C. The MBA for Executives Program at IIM Calcutta is a one-year Full-Time Residential Program offered to the executives who have significant working experience while general MBA is a two-year program for fresh graduates.
Executive MBA: In an executive MBA, learning beyond the classroom is given equal importance and case studies are included as a part of the course program, aimed at providing more practical experience to the students. The immersion program offered at IIM C is useful for future business leaders in enhancing their existing skills while facing real world challenges. Individuals are also encouraged to take part in different business case competitions, branding exercises, and self-interest career advancement clubs.
MBA: MBA degree offered at IIM C has a two-tier structure, it includes a core curriculum (mandatory credit courses and non-credit courses), a summer internship (mandatory industry training), and elective courses (it is optional courses in the second year).
During the first year of MBA course at IIM Calcutta, students are trained to develop business fundamentals through compulsory courses like Economics, Finance, Marketing, Operations, Systems, Etc. During the second year, they are provided with a wider option of electives than any other top Business Schools in India.
Both MBA and EMBA students post-completing the course can expect a handsome salary. As an Executive MBA graduate one can witness an average boost to their last salary close to 38.5 percent. MBA graduates on the other hand can witness a 64 per cent increase in compensation post-graduation.
MBA Placements at IIM C: The Placements at IIM C for the 2019-21 MBA batch started on October 20, 2019. Close to 136 firms participated in the placement round and made a total of 495 offers.
Some of the renowned companies that took part in the placement round included Citibank, Barclays, Goldman Sachs, Bank of America-Merrill Lynch, and Gaja Capital. The FMCG sector contributed to almost 21% of the total offers, and the major firms that made the maximum job offers were Coca Cola, HUL, AB InBev, P&G, RB, etc.
Executive MBA Placements at IIM C: IIM C’s one-year residential program for executives registered a successful placement season for its thirteenth batch. The maximum salary offered to the graduates was INR 77.60 LPA. The batch’s average salary was INR 26.24 LPA while the median salary increased to INR 24.41 LPA, registering an increase of 6.13% over the class of 2019.
Accenture, Persistent, Atos, Virtusa, Optum, Amazon, etc. were some of the top recruiters who made the maximum job offers. Many new recruiters also participated in the placement rounds like – Optum, Persistent Systems, Deshpande Foundation, Golyan Group, among others.
Choosing an Executive MBA or an MBA is completely based on the circumstances and preferences. There is no hard and fast rule for it. In case students have relevant work experience and want to boost their existing knowledge and skills, then pursuing an EMBA is a good option. In contrast to it, full-time MBA applicants are mostly at the earlier phase in their career and can take an MBA course to explore new career opportunities ahead.
Some basic things that need to be considered and helpful in making the right decision are mentioned below:
Whether students plan to do an EMBA or an MBA, it is based on their circumstances and future goals. EMBA applicants tend to be older and look to boost their existing knowledge and skills immediately to hike their current existing salary. In contrast, MBA applicants are the fresher batch with little or no working experience in the business world. They are in the early phase of their career and look for better and new career opportunities ahead. So, it is for the MBA applicants to decide on a particular MBA course at IIM C based on their considerations and requirements.
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