Online MBA, also known as E-MBA, is a management course designed for working professionals. Such courses are structured to impart management education to professionals aspiring to progress to mid- level or senior level management. The average annual course fee charged for the course is INR 5 Lacs.
The duration of the course is 1 year divided into 2 semesters. Candidates with a graduate degree in any discipline from a recognized educational Board and equipped with some work experience are eligible for this course. The admission process includes entrance tests like CAT, GMAT along with GD and interview stages.
Premier institutes like XLRI, IIM offer these courses in association with technology partners viz Reliance, DWGE. The course fee varies from INR 2 lacs to 7 lacs. Certain corporates have also tied up with institutes to provide such courses at their campuses to help them curb attrition and also deliver to the ever- growing need of personnel in mid-level management roles.
This trend is expected to soon become more popular as it is a win-win situation for all stake holders. As of now, such a trend is being observed in the BPO, Retail, and IT industries, and other emerging sectors where attrition caused by the shortage of skilled managers is a major problem.The average salary offered to Executive MBA candidates is INR 12 Lacs.
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Executive MBA in Finance: Course Highlights
Course Level | Post Graduate |
Duration | 1 year |
Examination Type | Semester System |
Eligibility | Graduate |
Admission Process | Entrance Exam, Group Discussion and Interview |
Course Fee | INR 3 Lacs to 8 Lacs |
Average Starting salary | INR 6 Lacs to 12 Lacs |
Top recruiting companies | Nokia, Godrej, Trident, Practo, Deloitte etc. |
Entrance Test | CAT, GMAT |
Executive MBA in Finance: What is it About?
For those who have garnered a significant amount of professional business experience and are ready to work in a more prominent position, an Executive MBA (EMBA) is the next step. Coursework in accounting, leadership, and finance are among the subjects explored.
Executive MBA in Finance is designed for qualified professionals in the field of finance who are looking forward to taking a leap forward in their career via academic excellence. This degree offers a strong foundation of MBA along with a focus on pure finance-related courses like hedging, derivatives, bonds, and international corporate finance.
Ambitious working professionals are certain to get a major fillip in their careers by pursuing an advanced professional course such as an Executive MBA.
Classes for Executive MBA are mostly conducted in the evening during public holidays and weekends. The Executive MBA in Financial Markets is a truly unique program and a first of its kind in India. Combining an in-depth study of the operations of capital markets with a comprehensive study of business, finance and accounting subjects, the program prepares participants for challenging positions in leading banks, financial institutions, brokerage houses, intermediaries and regulatory bodies that operate in the global financial markets.
The program provides students real-time experiential learning in modern financial markets, as an integral part of the Executive MBA program in Financial Markets. This is done through sessions conducted in ITM’s Business Simulation Lab, securities- dealing simulated environment. This unique lab uses real-time simulations of modern financial markets to give students first-hand experience of how different types of markets respond to information; how different types of market participants exploit informational advantages or protect themselves against informational disadvantages; and how regulations on trading and information disclosure affect market behavior and trader wealth.
Executive MBA in Finance essentially discusses finance and its linkage with other functions as applied to corporate and financial institutions. The program provides cutting edge knowledge in the frontiers of finance required of a successful professional in the corporate sector, banks, and financial institutions. The program is equally relevant for professionals working (or planning to work) as investment analysts, consultants, and chartered/ cost accountants. Each course is taught with the help of case studies, live corporate examples, and general discussions. In order to provide greater industry insights, business leaders from different industries may be invited to share their experiences.
For admissions into the Executive MBA in Finance, the usual minimum eligibility is as follows:
- The candidate must be a graduate in any discipline from a recognized university.
- The candidate must have sufficient work experience in supervisory or executive positions.
The eligibility criteria for each college are slightly different, varying with the candidate’s work experience, but more often than not, work experience is mandatory to get admission to the executive MBA course at any university.
Some popular exams are listed below:
Exam Name | Exam Details |
---|---|
CAT | Check Here |
MAT | Check Here |
SNAP | Check Here |
IIFT | Check Here |
IBSAT | Check Here |
CMAT | Check Here |
MAH CET | Check Here |
NMAT | Check Here |
ATMA | Check Here |
XAT | Check Here |
TISSNET | Check Here |
TANCET | Check Here |
Executive MBA in Finance: Syllabus
Listed below are the various subjects that make the syllabus of, and are taught within an Executive MBA in Finance.
Module 1: Core Modules
- Business Accounting and Analysis
- Corporate Finance-I
- Quantitative Methods for Finance
- Business Economics
- Corporate Finance-II
Module 2: Special Modules
- Business Valuation
- Financial Derivatives
- Investment Management
- Alternative Investment Strategies
- Financial Risk Management
- Bank Management
Executive MBA in Finance: Top Institutes
An executive MBA in Finance is offered at a range of institutes in India. Some of the top such institutes, their locations, and the respective fee charged by them are listed in the table below.
Name of Institute | City | Annual Fees in INR |
---|---|---|
Symbiosis Institute of Management | Pune | 5 Lacs |
IIM | Ahmedabad | 24 Lacs |
IIM-C | Kolkata | 22 Lacs |
IIM | Indore | 18 Lacs |
Faculty of Management Studies | Delhi | 50,000 |
IIM | Lucknow | 17.7 Lacs |
Jamnalal Bajaj Institute of Management Studies (JBIMS) | Mumbai | 2 Lacs |
XLRI | Jamshedpur | 16 Lacs |
Delhi Technological University (DTU) | New Delhi | 1.85 Lacs |
NMIMS University | Mumbai | 8.75 Lacs |
Career Prospects After Executive MBA in Finance
Job opportunities after doing a full- time executive MBA in India are ample, especially when the degree has been obtained from a prestigious institute. The tenure of this program will depend on the different types of programs being offered at different institutions across India.
Lastly, after completing a full- time MBA in India, salaries offered tend to be higher because most employers consider the MBA degree along with the 5- year pre-MBA experience.
Candidates admitted to this course typically possess between 6-13 years of work experience and are working as managers, AGMs, and Zonal Heads at the time of admission. Upon post- graduation, they join organizations in roles such as CEO, Vice President, GM and Senior Manager.
Companies hiring Executive MBAs:
There are a variety of large firms with branches in India that hire successful post- graduates of Executive MBA in Finance. Some of these Multi- national companies are listed below:
- Deloitte
- Goldman Sachs
- Oracle
- IBM
- Unilever
- Microsoft
- Ernst and Young
- HSBC
- General Motors
- Mc Kinsey & Co.
- KPMG
Employment Opportunities After Executive MBA in Finance-
Successful postgraduates of Executive MBA in Finance can explore a range of career options, some of which are listed in the table below, with the corresponding salaries offered in such positions.
Job Profile | Average Annual Pay Scale in INR |
---|---|
CEO | 30 Lacs |
Managing Director | 28 Lacs |
Operations Director | 20 Lacs |
Operations Manager | 7 Lacs |
Executive Director | 35 Lacs |
Finance Manager | 6 Lacs |
Consultants | 10 Lacs |
Assistant Finance Manager | 10 Lacs |
While many institutes offering the Executive MBA in Finance do not offer any placement facilities, a few others do, and in Mumbai, placement reports have almost always been positive. The highest Pay package at Welingkar Institute for Executive Placements was INR 25.05 lacs per annum, while the average pay was INR 7.02 lacs per annum. Similarly, KJ Somaiya had the highest placement package of INR 19 Lacs per annum and an average package of INR 7.8 lacs per annum.
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