Types of Executive MBA : Finance and Management

Executives or managers who have collected a good work experience who decide to go for an MBA do not really want to change their career track. They want to pursue an MBA because it will give them better growth prospects in their careers. Hence, many executive MBA programmes are highly specialized so that managers can choose the programme according to the type of career they are in.

Also, there are various modes of executive MBA depending on many criteria that are used to categorize them. For example, there are one year, two year, and three years executive MBA programmes. Some of the courses are full time while others are part time, online or distance learning programmes. Again, some of the programmes are residential which are full time, while others are non residential programmes.

As far as the specializations are concerned, the common specializations available in executive MBAs are marketing, finance, human resources, operations, logistics, strategic planning, international business etc. Other niche specializations are also offered by many institutes.

Some of the very specific programmes that are offered by various reputed institutes are Advanced Financial Risk Management Program offered by IIM B. Executive MBA in healthcare administration offered by Faculty of Management Studies (FMS), Delhi. Satellite Programme in Management – 14 Months offered by XLRI, Jamshedpur which is a 14 month programme.

Since these specializations are available, industries are always on the look out for managers with executive MBA who have undergone these specializations. The training imparted on these young executives is through case studies, discussions, debates, presentations and assignments.

It is this domain specific industry knowledge that has helped executive MBA such a sought after programme. More and more managers are now realizing the worth of doing an executive MBA rather than doing an MBA without any work experience.