Filter Results

Topics

Audience

Industry

Year

Significance of One Year MBA in India, future & Top B-schools

15 May 2021

admin

MBA is now a household concept in the Indian academic scenario. A large number of candidates vie for limited seats in traditional two-year MBA programs, across the country. However, over the past few years, the full-time, one year management courses in India have been making ripples among aspirants too.

Most management aspirants struggle to understand what is MBA? and how is it any different from the One Year MBA in India?

Sounds like you? Well, Good news! All your doubts regarding the differences between MBA and One Year MBA in India will be cleared right here.

As is evident from the name itself, the one year MBA programs in India are scheduled for a shorter time as compared to other traditional two year programs. However, that is certainly not the only difference. The most prominent distinction is that of the admission criteria of MBA in one year courses and 2 year MBA programs:

Applicants accepted in the two-year programs may or may not have prior work experience. Their admission to the institute often solely depends on their CAT scores and performance in the GDPI process.
On the other hand, usually One Year MBA programs follow a more holistic approach towards enrollment. Aspirants are required to have a minimum of 2 years of work experience before applying. The admission process also focuses on several criteria such as extracurricular interests and leadership potential, rather than test scores alone.

Although the duration may be shorter, the one year MBA in India is in no way less rigorous when compared to the two-year MBA. In fact, due to the limited time period, the 1 year mba course tends to be more intensive. As candidates are familiar with a corporate set-up, certain non-essential theoretical concepts can easily be excluded.

Evolution of One Year MBA program in India –

Internationally the one year MBA has been highly valued by students. In India, till a decade ago, it was the two year program that reigned supreme. Now however the applicant base has shifted from fresh graduates to working professionals re-evaluating their career graphs. These professionals are keen on reskilling themselves in a short time span and returning to a workplace of their choice. The one year MBA courses in India gives them the necessary skills, exposure and confidence to return as leaders. The time spent in the classroom work is well balanced with action learning projects, volunteering opportunities, experiential immersions and team activities.

Why opt for a One year MBA program? What are the Advantages of a One Year PGPM course in India?

The most obvious benefit of enrolling in a one year MBA course is its duration. For a working professional there is nothing better than this because even as they are investing time and effort, they can get back to their respective careers faster. Also, the professionals who quit their job to pursue the one year Post Graduate Programme in Management – PGPM course, have to pay a relatively lower amount of tuition fees. Since many students go for study loans to finance their MBA study, this results in a shorter payback time. An MBA in one year saves time and lets you resume your working career equipped with additional education and expertise.

As mentioned earlier, one of the positives of a one year MBA in India is the reduced opportunity cost in terms of time and money. Enrolled in an intensive course, you learn the same as you would in a two-year curriculum. What’s more, you save on a year’s worth of educational expenses.
One year MBA candidates are required to have a certain amount of work experience, as opposed to aspirants of traditional MBA courses in India. Some of the leading MBA programs completed in a year are offered at ISB, IIMA- PGPX, IIMB- EPGP, IIMC- PGPEX, XLRI -GMP and SOIL. Consequently, the candidates become eligible for managerial and leadership positions after the completion of MBA, and naturally go up the corporate ladder with higher emoluments.
These courses are offered by the top most institutes and one year MBA colleges in India. Some of these have also been highly rated in the prestigious rankings of the Financial Times, London. Enrolling in the course offers great exposure and opportunities.
One of the leading and reliable forums for MBA aspirants in India, MBAUniverse, ranked top colleges/ institutes for one year MBA in India.

1 year MBA Rankings	Top One Year MBA Colleges in India	One Year MBA Programme Name	1 Year MBA Programme Fee Rs.	1 Year MBA Average Placement Rs.	Average GMAT Score
1.	IIM Bangalore	Executive Post Graduate Programme in Management (EPGP)	27,50,000	23,46,000	699
2.	IIM Ahmedabad	Post Graduate Programme in Management for Executives (PGPX)	25,00,000	28,84,111	702
3.	ISB Hyderabad	Post Graduate Programme in Management (PGP)	34,63,240	25,09,000	709
4.	IIM Calcutta	Post Graduate Programme for Executives (PGPEx)	27,00,000	24,52,000	685
5.	SPJIMR Mumbai	Post Graduate Programme in Management (PGPM)	19,60,000	17,26,500	660
6.	XLRI Jamshedpur	PGDM (General Management)	20,00,000	17,54,000	640
7.	IIM Indore	Executive Post Graduate Programme in Management (EPGP)	20,00,000	20,00,000	650
8.	MDI Gurgaon	National management Programme (NMP)	15,35,000	19,07,000	660
9.	IIM Lucknow	International Programme in Management for Executives (IPMX)	23,50,000	–	672
10.	IIM Kozhikode	Post Graduate Program in Business Leadership (PGP-BL)	22,50,000	–	–
11.	Great Lakes Chennai	Post Graduate Programme in Management (PGPM)	19,25,000	13,10,000	670
12.	Masters’ Union School of Business Gurugram	Post Graduate Programme in Technology and Business Management	1870000		No Cut offs but High score adds value
13.	SOIL Gurgaon	Post Graduate Program in Business Leadership	15,03,226	9,50,000
14.	IIM Udaipur	MBA- Global Supply Chain Management (GSCM); MBA- Digital Enterprise Management (DEM)	18,50,000	19,09,000	–

Scroll right to see complete details

Source: MBA Universe

Types/ specializations of One Year MBA courses in India?

In India, there are multiple specializations offered in an MBA programme. However, the two most sought after courses are –

PGPM in Business Leadership – This course is highly recommended by students and alumni for it trains the students to survive and work productively through challenging situations. Management traits every student should look to master are to perform under pressure, work with and within teams, and take a human-centric approach to leadership. These skills are essentially acquired through an equilibrium of knowledge, inner peace, and inculcating team values.
The Business Leadership program allows the students, as part of the course curriculum, to explore opportunities to work with non-profit, for-profit organizations, as well as opportunities to work on active corporate projects worldwide.
PGPM in Human Resources – HR professionals are required to manage talent and bring the best out of their employees. Some PGPM courses in HR, allow for interactions with CHROs, practice HR leadership and work with profit & non profit organisationss. This allows the students to practice self reflection and explore their own strengths and values and develop an Emotional Quotient.

Top 10 MBA Specialization in india

When to consider a 1 year MBA program?

The most suitable time to go for a one year MBA is when you want to go up the corporate ladder equipped with better skills. Listed below are a few good reasons how the one year program can add value to your career.

Expand Your Professional Network – Students, while pursuing such a course get an opportunity to interact with faculty, experts, academicians, stalwarts and peers from various industries. Building a robust professional network is the key to success.
Igniting New Interests – Students pursuing the one year MBA courses are not only working professionals but entrepreneurs too. They take up this course as it boosts their ability to leverage their existing knowledge and skills creatively to solve complex problems, overcome obstacles and ensure success. This course is much more than a launchpad for entrepreneurs in the middle of, or wanting to start their business venture.
Big Career Shift – Executives and managers aspiring to advance their careers can take up one year MBA courses to accelerate their career path by positioning themselves for promotions & leadership roles. These programs sharpen overall skills, and also make your CV robust, hence, transforming your career.

Given the above mentioned points, you now know why the One Year MBA is the safest way to gain knowledge and skills without disrupting your career plans.

Doing an one year MBA will augment your knowledge and help you climb up the corporate ladder.

Future of One year MBA in India

Recruiters at such a program value past work experience and like to see how the student can apply relevant skills in their jobs. Every sector is now opening up to one year MBA in India and is trying to create the right job profiles for these working professionals. The trends in the education sector has changed enormously in the past few years & the one year MBA has surely risen up as the course everyone is vying for. This trend is only expected to rise in the coming days as well.

Now, that we have gone over the advantages and future course, let’s dive into –

How, and what parameters you should consider while selecting the B-school of your choice.

By taking the below given factors into consideration, you will be able to narrow down, and eventually zero in on your dream B-school.

Understand the application requirements
Does the choice of course align with your Post MBA career aspirations?
Create your own checklist based on your set priorities and expectation of your B-school.
What are the odds of you getting accepted into your preferred B-school?
Understand the cost aspect – Tuition fee + Living expense + miscellaneous expenses

Keeping the above parameters in mind will help you self-evaluate and take practical and sound decisions while opting for a B-school.

Why should you consider SOIL institute of Management for your One Year MBA course?

School Of Inspired Leadership has been ranked among the top 20 B-schools in India for One Year MBA in india.

Top B-school-One-Year Programmes

Rank

Name

City

Zone

Leadership (15)

Leadership
Excellence

Knowledge
Creation
(25)

Global
Interface

Intellectual
Capital

Innovation &
Incubation

Insititutional
Capabilities (25)

Faculty

Infrastructure

Transition from
Knowledge
Force to Work
Force (30)

Industry
Linkages

Placement

Finance(5)

Return of
Investment
(Roi)

Total

100

Indian School of Business

Hyderabad

South

9.8

99.8

XLRI Xavier School of Management

Jamshedpur

East

4.6

9.5

9.1

14.3

9.2

9.3

17.5

4.6

92.1

MDI Management Development Institue

Gurgaon

North

13.1

14.3

9.1

8.6

13.8

8.5

8.8

15.4

4.3

85.9

IMI International Management Institue

Delhi

North

12.5

8.6

8.2

12.8

8.3

79.4

TA Pai Management Institue

Manipal

South

11.5

3.8

8.1

7.3

11.5

7.6

11.8

3.8

72.4

SOIL Institute of Management

Gurgaon

North

3.5

7.9

11.2

6.6

7.5

11.6

3.7

Co-created with 32 Indian as well as international companies, SOIL Institute of Management began almost a decade back and now has a legacy of more than 1300 alumni.

Various reasons to choose SOIL over the other B-schools.

SOIL has been co-created by a group of leading companies, presenting live projects and leading the placement process.
Students learn self leadership through –

Appreciative inquiry
Learning mindfulness through theatre
Yoga, wellness and spirituality
Experiential Immersions

Transformational Learning Experience – With a strong focus on innovation and leadership, the learning experience is customizable. SOIl provides flexibility which enables you to learn and work in various ways, and hence, more effectively.
Ability to Change The World – Through SIP – Social Innovation Program, SOIL focuses on social inclusivity and hence, the social sector. It ensures that all SOIL students comprehend the realities of the development sector, and transform into compassionate leaders.

If you fit the description and are looking for an outlet, then visit our admission process page and get the formalities started.

Our Top Stories to Read
MBA vs. PGDM: Understanding the Difference Founder & Chairman Mr. Anil Sachdev Learnings and Importance of Theatre
SOIL Live Digital Events

Expert Webinar: Mapping the Finance & Analytics specializations at SOIL | 7.30 to 8.30 PM
Learn More
Open House with the SOIL Placements Team – Ask Me Anything 5 PM – 6 PM
Learn More

Posts By

Topics

Audience

Industry

Year

Top B-school-One-Year Programmes

Never miss a beat. Get Blog updates regularly in your inbox

Never miss a beat. Get Blog updates regularly in your inbox

join Our Mailing List And Stay Updated

join Our Mailing List
And Stay Updated