Benefits of an Executive MBA or PGPM for Working Professionals

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The Benefits of an Executive MBA or PGPM for Working Professionals

3 Dec 2020
- admin
Building a strong professional network, enhancing key knowledge and skills, learning self-leadership, and accelerating career growth are four big reasons why ambitious people choose to go to business school. Professionals working in managerial roles and aspiring to advance their career to senior leadership roles or C-suite take up advanced courses such as a One-year MBA to provide an edge to their career.

A fast-track 1 year MBA prepares mid-level executives to take up senior positions in an organization while developing the person through experiential learning, real-life case studies, workshops, and more practical learning. It takes just one year to complete as compared to two years of a traditional MBA degree. The curriculum is specifically designed to impart education in such a way that the students can prepare themselves to solve complex business problems, lead a team of diverse personas having unique capabilities, handle immense organizational pressure, and emerge true leaders who can be a mentor to others.

There are plenty of one-year MBA courses, the most popular being the Executive MBA/ EMBA and the PGPM. How does a candidate choose between the two? Which one caters to which particular requirement and what kind of candidate? What requirements do they fulfill?

Let’s deep dive into the nitty-gritty of the two MBA courses in demand!
What is the difference between an Executive MBA (EMBA) And a One-Year MBA Post Graduate Program in Management (PGPM)?

The following points might help those confused between an Executive MBA and a PGPM program –
- Teach Methodology
  Even though they are taught differently, both types of MBAs have the same stuff to learn. This helps Executive MBA students keep up. Unlike the full-time MBA – PGPM program, the EMBA students unfortunately don’t get the opportunity to participate in classroom discussions and network with their peers and faculty, which are crucial for their overall development.
- Prerequisites For Application
  If you get high scores, you have a better chance of getting into PGPM programs. But if you don’t, you can consider pursuing an EMBA too. The PGPM programs often cost more, but they offer better scholarships too.
- Credibility As Employees
  If your employer supports it, doing an EMBA can benefit your company. However, some employers believe that it might not prepare you for a career as effectively as a PGPM because it lacks rigor and competitiveness. Additionally, in India, there are higher dropout rates in Executive MBA courses.
- Time Management
  Executive MBA courses are often chosen by working professionals because they offer flexible timings. You can study when it suits you, thanks to distance learning and online resources. On the other hand, the PGPM program time and attention of the student, and challenges the professional to strike a balance between work, and personal life, training them for something even bigger and better!
PGPM does seem to have a slight edge over the executive MBA… Let’s not stop here. Let’s also take a look at the
Benefits Of The PGPM Program

The primary advantage of a one-year MBA is its brevity, making it ideal for working professionals. It allows them to invest their time and money in education without a long break from their careers. Additionally, those who leave their jobs to pursue a one-year executive MBA typically pay lower tuition fees. Let’s delve into the benefits:
- One key advantage of a one-year MBA in India is the reduced opportunity cost in terms of time and money. Despite the shorter duration, it covers the same material as a two-year program while saving a year’s worth of educational expenses.
- Another significant benefit is the swift return to the workforce. Graduates can rejoin the job market within a year, often with a substantial salary increase.
- One-year MBA programs also offer career acceleration and open doors to major career transitions. Students have the opportunity to make significant changes in their career trajectories.
- The rigorous curriculum and case-study teaching methodology employed by top MBA institutes prepare students for real-world challenges.
- Students can establish valuable networks and gain insights from their peers. The program is tailored by experienced professionals, offering numerous opportunities for learning and growth.
Want to enroll right away? Wait! First, let’s understand when would be the best time…
When is a Good Time to Enroll in a PGPM Program?

Learning never stops. Executives might have scaled the ladder of success and feel confident about their position in the workplace. However, there comes a time when they experience stagnancy, and it is the time when most of them feel the need for an executive MBA or a one-year MBA program PGPM.

In the past, one might have taken up a job after your graduation but regret not doing an MBA that could have opened new avenues in one’s career. No problem, an Executive MBA, or a one-year MBA PGPM will have you covered. Working professionals can get enrolled in such accelerated programs offered at top B Schools in India and improve their management skills, leadership skills, decision-making abilities, and problem-solving skills, and transform their careers through experiential learning.

These programs can position you for promotion, especially for careers in marketing, finance, analytics, and human resources. A well-regarded and rigorous one-year MBA will not only sharpen your skills and look good on your CV, but it will also boost your career giving you more opportunities.

The Bright Future Of PGPM In India

Recruiters in such programs highly value prior work experience and are interested in how students can apply their relevant skills in their roles. The PGPM program in India is now gaining traction across various sectors, and organizations are actively crafting suitable job profiles for these working professionals. The landscape of the education sector has undergone significant changes in recent years, and PGPM has emerged as a sought-after course. This upward trend is expected to continue in the foreseeable future.

There are numerous B-schools in India offering the PGPM program, one is spoilt for choice! Which one’s worth enrolling in?
The Top B-school In India

The SOIL Institute of Management’s MBA programs offer a robust grounding in fundamental business principles and essential business proficiencies. Our exceptional faculty, in collaboration with numerous industry luminaries, craft courses rooted in the latest cutting-edge practices and the most current academic research available.

SOIL Institute of Management’s PGPM program has a core mission: to nurture the future leaders of India who embody unwavering integrity, exceptional character, and the ability to inspire and sway diverse groups of stakeholders. These leaders are committed to exhibiting responsible leadership, playing a pivotal role in propelling India towards economic prowess.

SOIL’s academic curriculum is meticulously designed to deliver an immersive and life-altering leadership journey. Within this program, students embark on a transformative experience where they uncover their latent potential and emerge as leaders with a profound desire to reshape the world for the betterment of society.

Curriculum

The curriculum of our 1-year PGPM program is meticulously crafted to rapidly and comprehensively equip participants for success in the global business arena. This objective is evident through the accelerated duration, emphasis on collaborative projects, and a sharp focus on global leadership, as well as the latest business trends and complexities.

30+

Globally renowned industry thought leaders as part of our consortium companies who help us continuously innovate and globally benchmark our learning design.

40+

Renowned full-time and visiting faculty members committed to generating knowledge and ideas to enhance management practices and learnings.

50+

Core and elective subjects make our curriculum designed to deliver knowledge as per the latest industry needs and academic research.

Learn more here.

Career Impact

The CMS team at SOIL is committed to bridging students with diverse employers, spanning from Fortune 500 giants to burgeoning startups. This is because our MBA, particularly the PGPM leadership development program, produces graduates who are highly sought after due to their ability to generate immediate and enduring value for organizations across the globe.

Placement Season 2022-23
- 100%
  
  Batch placements (last 3 years)
- 137%
  
  Salary Hike Post MBA
- 18.5 L
  
  Highest CTC
- 11.5 L
  
  Average CTC
- 49
  
  Number of Companies Participated
- 47%
  
  Students shifting Industry
- 65%
  
  Students Shifting Domain
- 12.6 L
  
  Average CTC of Top 50% placed
Student Testimonial
- “The 1 Year MBA program at SOIL weaves business learning with Inspired-leadership. It provides a stepping stone to create an impact that matters. Having closed two large deals valuing more than 10 million Australian dollars, I feel proud to carry SOIL legacy in an alien land.”
  
  SHEEZA SHAKEEL
  
  PGPM Class of 2012-13
  Associate Director, Infosys, Australia
- “My seamless transition from HR to marketing could not have been possible without the invaluable guidance and subject matter expertise from the faculty and the management at SOIL. The entire team at SOIL has been instrumental in not only inculcating a strong sense of building a business with purpose and vision but also nurturing us to give equal weightage to the emotional quotient to become successful leaders of future.”
  
  Namrata Chandwani
  
  PGPM Class of 2009-10
  Marketing Manager, Boston Scientific, Malaysia
FAQs
What is the scope of a one-year MBA in India?

As companies strive to expedite their growth and achieve substantial profits, individuals pursuing a one-year MBA from leading B-Schools have a favorable opportunity to secure positions within these companies upon MBA completion. Moreover, these colleges provide guidance to students, aiding them in making informed decisions and entering sectors that align with their interests and abilities.

Are PGPM programs in India recognized by employers and globally accepted?

Many PGPM programs in India are well-recognized by employers, especially if offered by reputed institutions. However, it’s essential to choose a program accredited by relevant authorities and consider the institution’s reputation.

Which are the best colleges in India for a one-year MBA program?

Here is the list of some of the best MBA colleges in India offering 1 year MBA programs

IIM – Ahmedabad

IIM – Bangalore

IBS – Hyderabad

SOIL Institute of Management – Gurgaon

Great Lakes – Gurgaon

What should I consider when selecting a PGPM program in India?

When choosing a PGPM program, consider factors like program accreditation, faculty expertise, industry connections, placement records, location, and specialization options. Additionally, evaluate the program’s curriculum to ensure it aligns with your career goals.

1 year MBA vs. 2 years MBA: Which is better?

Both MBA programs are meticulously crafted with students’ career aspirations and requirements at the forefront. Both programs provide substantial knowledge and promising placement opportunities. The one-year MBA program stands as the ideal choice for professionals boasting over two years of work experience and aiming for managerial or senior leadership roles within an organization. On the other hand, the two-year MBA program better suits candidates who have recently graduated and are new to the corporate landscape.

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