NMIMS Executive MBA: Advance Your Career Without Leaving Your Job
In the current competitive business world, professional development needs something more apart from the experience factor. Organisations seek individuals with the ability to take strategic decisions, effectively manage people and be able to adapt to market trends. For individuals who need to improve their management abilities but without quitting their job, an Executive MBA is one of the best career investments possible.
An Executive MBA Programme provided by the NMIMS Centre for Distance and Online Education (CDOE), the NMIMS Executive MBA has been developed for professionals who have an interest in pursuing their higher education along with their full-time employment.
No matter whether you are going for a promotion, seeking a career change, or are planning to join the ranks of managers, the NMIMS Executive MBA gives you the knowledge and skills that will help you become a competent manager.
In this guide, we will discuss the NMIMS Executive MBA program and provide information on how it benefits professionals in making better career moves. We will cover the eligibility requirements, course fees, specialisation options, career opportunities and many other interesting facts about this course.
NMIMS Executive MBA: Course Highlights
| Particulars | Details |
|---|---|
| Programme Name | Executive MBA (MBA WX) |
| University | NMIMS Centre for Distance and Online Education (CDOE) |
| Duration | 2 Years |
| Learning Mode | Online |
| Number of Terms | 8 |
| Accreditation | NAAC A++ |
| Recognition | UGC & UGC-DEB |
| Admission Process | Eligibility-Based |
| Total Fees | Approximately ₹4,00,000 |
What is the NMIMS Executive MBA?
NMIMS Executive MBA is a two year post graduation management program which is ideal for professionals who want to enhance their skills as managers without having to leave their job. The regular MBA course is meant for graduates while the executive program is specifically designed for those professionals who have a few years of experience in their fields and want to refine their skills.
The course consists of eight semesters and includes several important subjects related to business management such as finance, marketing, operations, leadership, organization behaviour, and strategy, among others. All these subjects will assist professionals in gaining knowledge about various issues in the field of business and applying their solutions in practical situations.
Why Choose the NMIMS Executive MBA?
Selecting the correct Executive MBA programme is indeed an important decision regarding your career path. There are numerous factors that make the NMIMS Executive MBA programme an excellent choice for professionals in search of further studies. Here are some of the most significant aspects.
Learn While Continuing Your Career:
The most important feature of the programme is that it enables professionals to study
and work at the same time. The online format of the learning process makes it possible for students to study in their own rhythm without attending classes.
Highly Recognised University:
NMIMS is a prominent institution in terms of management education in India. The university has an NAAC A++ accreditation as well as UGC recognition and UGC-DEB.
Industry-Focused Curriculum:
The course material is based on the changing requirements of today’s corporate world.
Instead of being confined to theoretical text books, the curriculum comprises practical business cases, management techniques, and applications of modern-day organizations. Through this, students can learn the necessary skills which will help them excel in their work place.
Leadership and Strategic Management Skills:
Besides the basic knowledge of functional areas of business, the program will help the
learners develop the qualities of a good leader that would make them successful senior managers.Â
Valuable Professional Networking:
Networking forms the most important aspect of an Executive MBA course. The process of networking takes place during the period of studying for the Executive MBA, as there will be meetings of students with different types of professionals from various fields.
Practical Learning Through Projects:
The NMIMS Executive MBA focuses greatly on learning through projects. There will be
simulation games, industry projects, and case studies which will be undertaken by the students, thus making them practical at decision-making and problem-solving.
NMIMS Executive MBA Specialisations
The most prominent feature of the NMIMS Executive MBA Program is the relevant specialisations. Specializations will enable professionals to acquire profound knowledge in the field of choice while developing skills of strategic management and leadership. With the appropriate specialization choice, you will be able to fit the program according to your career goals and improve your chances of getting a senior position.
These specializations include the following:
Marketing Management: This specialization suits those professionals who wish to get profound knowledge in such areas as consumer behavior, brand management, digital marketing strategies, sales management, and market research. With this specialization, professionals will be able to design marketing campaigns and customer relations management.
Leadership & Strategy: Those professionals who want to become successful leaders should choose this specialization because it will provide an opportunity to learn such issues as strategic planning, organizational leadership, business transformation, and decision-making.
Applied Finance: This specialization will be very useful for professionals who work in such spheres as banking, finance, consulting, and corporate management.
Digital Marketing: As more businesses utilize digital platforms, this specialization helps practitioners understand SEO, social media marketing, content marketing, performance marketing, web analytics, and online branding.Â
Operations & Supply Chain Management: The specialization includes issues like business operations improvement, logistics, procurement, inventory management, and supply chain optimization. This specialization proves helpful for practitioners working in manufacturing, retail, logistics, and operations management.
NMIMS Executive MBA Fees
| 1st Year Fee | 2nd Year Fee | One Time Program Fee (Optional) |
|---|---|---|
| INR 2,50,000/- | INR 2,00,000/- | INR 4,00,000/- |
NMIMS Executive MBA Eligibility Criteria
All applicants must satisfy the eligibility requirements set by the university before submitting an application for this course.
Eligibility Criteria:
- Having a bachelor’s degree (10+2+3) in any discipline from a recognized university.
- Minimum aggregate percentage of 55% in the bachelor’s degree (50% in case of SC/ST/OBC/PwD).
- Three years of work experience in a full-time job after completing the bachelor’s degree.
As the program is particularly for professionals, previous working experience holds significant importance. The classroom discussions, case studies, and group activities get enhanced with the help of contributions from the participants’ professional experience
Who Should Pursue the NMIMS Executive MBA?
NMIMS Executive MBA is ideal for:
- Professionals who would like a promotion or a higher post.
- Professionals who would like to build on their managerial skills.
- Team leaders who would like to take charge of larger teams/business functions.
- Professionals who are entrepreneurs and wish to build their management skills.
- Professionals who wish to transition into a managerial/leadership position.
- Professionals who wish to build their qualifications along with working full-time.
But those professionals or fresh graduates who don’t have much work experience may prefer to pursue the regular MBA course.
Career Opportunities After the NMIMS Executive MBA
Earning an NMIMS Executive MBA will definitely increase your chances of success in the future since this degree will prepare you for managerial jobs in all kinds of companies. Regardless of how good your professional experience is, the NMIMS Executive MBA will help you to secure a position that requires more duties and a better salary.
| Job Role | Average Annual Salary* |
|---|---|
| Chief Executive Officer (CEO) | ₹12 LPA – ₹27 LPA |
| Chief Operating Officer (COO) | ₹8.9 LPA – ₹30 LPA |
| Chief Financial Officer (CFO) | ₹11 LPA – ₹26.4 LPA |
| Vice President – Operations | ₹14 LPA – ₹30 LPA |
| Director – Human Resources | ₹8 LPA – ₹25 LPA |
| Business Development Manager | ₹5.7 LPA – ₹22 LPA |
| Project Manager | ₹6 LPA – ₹15 LPA |
NMIMS Executive MBA Syllabus & Subjects
Term 1 (Core):
- Financial accounting: Information for Decisions
- Organisational Behaviour
- Marketing Management
- Business Statistics for Decision Makers
- Quantitative Methods Online Course - HBR
- Spreadsheet Modeling Online Course: Excel 2013 - HBR
- Financial Accounting Online Course - HBR
Term 2 (Core):
- Information Systems for Managers
- Operations Management
- Business Communication
- Corporate Finance
- Management Communication: Complete Online Course - HBR
- Mathematics for Management Online Course - HBR
- Finance Online Course - HBR
Term 3 (Core):
- Managerial Economics
- Strategic Management
Term 3/4/5 (Electives):
- Consumer Behaviour
- Customer Relationship Management
- Strategic Brand Management
- Marketing in a Digital World
- Marketing and Web Social Media Analytics
- Crafting and Providing Marketing Services
- Integrated Marketing Communications
- Sales Management
- Marketing Research
Term 6:
- Capstone Project
Term 7:
- Project or Industry Experience
Term 8:
- Project or Industry Experience
Advantages of the NMIMS Executive MBA
There are a number of advantages offered by the programme, which makes it a desirable option for working professionals:
- Flexible mode of online learning.
- An accredited degree from an NAAC A++ ranked university.
- A curriculum designed according to the prevailing trends in industry.
- Experienced teaching faculty.
- Learning through case studies.
- Networking with professionals belonging to different industries.
- Various specialization options available according to career objectives.
- Points to Consider Before Application
Prior to applying to the programme, one should assess if the programme suits his or her personal and professional objectives.
Consider the following factors:
- The programme is quite costly in terms of finances.
- Juggling between work, education, and personal life is best done through proper time management.
- The Executive MBA will be most suitable for those who have prior work experience and career goals.
- Choose wisely the specialisation in line with your career objectives.
This assessment will aid you in making your decision and making your investment worth.
Frequently Asked Questions (FAQ):
Does NMIMS provide an Executive MBA program?
Yes. NMIMS provides an Executive MBA program specially designed for working professionals. This program is offered online mode of learning and it takes 15-24 months to complete.
What is the eligibility criteria for NMIMS Executive MBA?
One should possess a bachelor’s degree from any recognized university with 55% marks (50% in case of reserved categories) along with a minimum of 3 years of post-graduation work experience.
What is the overall cost for NMIMS Executive MBA?
The overall cost of the program is INR 4,00,000. The university also provides various EMI and Education Loan schemes for eligible candidates.
Is the NMIMS Executive MBA program appropriate for working professionals?
Yes. This is a program specially designed for working professionals.
Which specializations are there in NMIMS Executive MBA?
There are five different specializations that one may opt for.
- Marketing Management
- Leadership & Strategy
- Operations Management
- Logistics & Supply Chain Management
- Applied Finance
