In today’s competitive world, people think that they should do something that is with them for a lifetime. Thus, they are thinking of pursuing an MBA program from one of the most reputable universities. Finally, students think why not choose IIM, it is a reputed institute and has experienced faculty that teaches the students. After choosing the institute, they face another obstacle: whether they should choose the IIM online MBA or the IIM Executive MBA. This is quite a question for the students, as they get confused between these two programs. Let’s clear their confusion and let them decide what they want to choose as their program.
MBA
An MBA can be pursued in various ways, including online MBA, regular MBA, executive MBA, global MBA, part-time MBA, and more. Well, here we will focus on learning about two different MBAs which people think that there is no such difference between the two. We will learn about MBAs offered by IIM, that are, IIM online MBA and IIM Executive MBA.
Generally, an MBA is a 2-year degree program, as this is a post-graduate program. To be eligible for an MBA program, students need to give some standardized exams, which may include CAT, XAT, MAT, or as per the requirement. Additionally, you get to enhance your skills while pursuing this very program. Skills may include communication skills, active listening, leadership skills, critical thinking, teamwork, conflict resolution, presentation skills, project management skills, decision making, financial analysis, networking, negotiation, time management, data analysis, marketing, and more.
If you are pursuing an MBA from such a reputed university, then you get a chance to be selected in the placement drives conducted either by the university or by the company itself. There is no doubt about the quality of education offered by the university. As this is one of the famous universities that offer MBA programs like executive MBA, online MBA, Global MBA, and more.
Difference between the IIM online MBA program and the IIM Executive MBA program
IIM Online MBA
As we all know that IIM is one of those reputed institutes on which no one can raise a finger against them. In IIM, students can get the option to pursue an online MBA which is equally considered by the recruiters as they consider full time MBA programs. IIM offers a 2-year PG program as an online MBA where they teach the students all aspects of the business management and in their chosen specialization. This program helps the students to make a balance between their life and work. Additionally, through this program, students can work equally between a professional career and academic learning. In the online MBA program, there are no such exams where you need to qualify with marks are needed but in some universities or institutes, they do ask you for your marks in standardized exams. Let’s see the subjects that you get to study in this program.
Here you get to learn various subjects, including
- Microeconomics for managers
- Marketing management
- Operations management
- Financial accounting
- Business statistics
- Management information systems, and more.
For the IIM Online MBA program, there are various national and international organizations that actively hire Online MBA graduates. These organizations include Deloitte, HCL, Google, Tata Consultancy Services (TCS), Ernst & Young (EY), JP Morgan Chase & Co., Goldman sachs, KPMG, Airtel, Nokia, Johnson & Johnson, and more.
IIM Executive MBA
They ask for Work Experience: minimum three years of progressive work experience in a managerial/entrepreneurial/professional role. Additionally, they ask for standardized exam marks like CAT/GMAT/GRE. Also, the candidates should have completed their Bachelor’s degree with a minimum of 50% marks. While pursuing this program, students may get to learn about
- Managing People and Organizations
- Managerial Economics
- Financial Reporting and Analysis
- Quantitative Methods
- Essentials of Marketing
- Business Computing
- Managerial Communication
- Operations Research
- Advanced Marketing Management
- Macroeconomics and Policy
- Talent Management & Development
- Legal Aspects of Business
- Business Research and Methods
- Operations Management
- Financial Management, and more subjects.
Top recruiters in the industry for IIM Executive program are: McKinsey & Company, Boston Consulting group (BCG), Microsoft, Amazon, Google, ICICI Bank, Infosys, and more.
Conclusion
After getting to know the difference between the two programs, students can choose what is best for them. As students get to know all the points, they can tell their juniors or assist others to choose between the two programs. IIM online MBA and IIM executive MBA programs have different subject priorities that may help the students choose which program is best for them. In today’s world, people need to be ahead of their competitors; only then can they choose which degree will come out to be best for them. An MBA in either of the programs is a 2-year postgraduate program and is one of the most widely pursued and accepted degrees. Even in foreign countries, you can easily apply.
