Demand Of Executive Mba Is On A Rise In India
In a new trend in the corporate scenario, many senior level professionals are leaving
their plum jobs and going back to B-school to acquire management skill sets. This is trend is getting common with professionals in their mid career levels. Take the example of certain Ms. Ghosh. She was working as a senior manager and strategist with a reputed companys research and development center. At this stage of her career she left her secured job to join a MBA study abroad program. She enrolled herself with INSEAD leadership programme that are designed for mid and senior executives.
According to her, she was well aware of technical knowledge about her job but she lacked management skills. To enhance her leadership and management skills, she joined this Executive MBA program. These executive management programs also help in career growth. These programs help professionals jump up the career ladder easily. She is a good example, as she will be joining another corporate firm as a country manager.
Management courses are not just for beginners. Many professionals are enrolling themselves in business studies courses to enhance their skill sets and lead up the career ladder. Senior level professionals across various domains, profiles and sectors are going back to school. There are various short term and long term Executive management programs.
One of the esteemed MBA Colleges in India, the Indian School of Business in Hyderabad has executive MBA programs. These programs are designed to cater to the growing demand of professionals wishing to upgrade their skill sets. Official of the ISB says that there is growth of enrollment, about 25% in executive management courses.
ISB, one of the reputed MBA colleges in Hyderabad offers open enrollment courses. These innovative courses are especially designed for top ranked professionals. Executives from any domain can join these courses to upgrade their knowledge. Executive programs are available here are in marketing, finance and sales strategies. The duration of these courses varies and lasts from 1 week to a month and so on.
Another institute, Eruditus also promotes the concept of executive education courses. Many turn to education during an economic slowdown as this is considered a safe bet. Professionals feel re-skilling helps in keeping with the times. Eruditus offers Executive MBA courses from reputed management institutes like INSEAD, France and Wharton and Tuck School of Business in India. The courses available here is long and short-term duration.
The Indian Institute of Management (IIMs) also has introduced executive MBA programs. The IIMs are supposedly the best MBA colleges in India. Among the many IIMs, IIM- Kozhikode offers a two-year executive post-graduate course in management studies. Unlike other B-schools in the country, this is a two-year course for professionals. IIM-K will also be introducing two new one-year executive education programs on Information technology and human resource management.
Many companies send their professionals to join these management courses. Corporate houses nominate executives for these special skill enhancement programs. Even individuals join these programs at their own will. Corporate houses as well as individuals are realizing that education is the key to retaining talent. With the economic scenario changing quickly, the many companies are asking the B-schools to design programs suitable for their business.
by: Shipra Sinha
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