Doing an MBA from the top MBA colleges in India is a dream of many aspirants. There are hundreds of B-schools offering quality MBA programmes throughout the country. The general MBA in India is a two-year course. However, there are colleges which provide one year executive MBA for people having good work experience in the industry. There are several criteria followed by Top MBA Colleges in India for executive programmes.
Top MBA Colleges in India offering 1 year programmes
Let’s explore the list of some top MBA colleges in India offering 1 year programs below:
IIM Ahmedabad
IIMA offers a one-year executive program, EPGP. IIMA is undisputedly among the top MBA colleges in the country. The best minds of the country aspire to do MBA from this college.
Eligibility Criteria
- You need a minimum of 3 years of work experience after completing graduation.
- Age: 24 years and above
- You must have a bachelor’s degree with a minimum of 50%.
- IIM A will conduct the personal interview at their campus in Ahmedabad.
Admission Criteria
- A valid CAT score (test taken within last 3 years) or GMAT/GRE score (test taken within 5 years) will be considered for shortlisting
- Alternatively, candidates have to appear for IIM Admission Test (IAT)
- Shortlisting of the candidates based on the exam mentioned above.
Fees Details
- Application fee: Rs 1000/- (For candidates appearing for IAT)
- Programme Fees: INR 20,00,000/-
ISB Hyderabad
ISB Hyderabad is a world-class business school in Asia. It is one of the top MBA colleges in India for one year PGP in management. The college is committed to creating leaders with a global perspective through its innovative programmes, thought leadership and outstanding faculty.
Eligibility Criteria
- Bachelors or equivalent in any discipline
- Valid GRE/GMAT score
- At least 2 years of work experience
- TOEFL/PTE/IELTS score
Selection Criteria
- Academic Credentials
- Leadership Potential
- Personal Attributes
Fees Details
- The Total Amount payable including taxes: INR 35,98,940
- Other expenses inkling books, laptop, meals etc.: INR 1,95.000
IIM Calcutta
MBA for executive Programme in IIMC is meant for executives with more than 5 years of professional work experience. It is the first MBA institution in the country to be accredited by AACSB, AMBA and EQUIS. Only 5 other B-Schools in Asia are Triple Accredited.
Eligibility Criteria
- A bachelor’s degree (Min 10+2+3 years) or equivalent in any discipline
- At least 5 years of full-time post-qualification work experience
- Valid GMAT Score
Selection Procedure
Assessment of the aspirants on the following basis:
- GMAT Score
- Work experience
- Academic background
- SOP & recommendation
- Personal Interviews
Fees Details
- The total programme fees for the course is INR 27,00,000/-
- Additional charges for food, electricity and personal expenses
XLRI Jamshedpur
XLRI offers a 15 months full-time residential program PGDM GM (General Management). The students should have a minimum of 5 years of work experience in IT/ITeS, Energy/Power, Automobile, Manufacturing etc. The course enables the students to grasp the latest in the management world, broadens their perspective and launches them into new avenues of solving the problems.
Eligibility Criteria
- A bachelor’s degree of (minimum 3 years) in any discipline
- At least 5 years of managerial/supervisory experience.
- XAT or GMAT Score
Selection Criteria
- Application through GMAT/XAT
- Shortlist of Candidates
- Interview process
- Result Announcement
Fees Details
- Fees and other charges for 15-month PGDM GM will be approx. INR 20 Lakh (or equivalent in $ US)
- Extra charges based on food, electricity and other personal expenses and the type of accommodation.
IIM Lucknow
IIML offers International Programme in management of Executives or IPMX at its NOIDA Campus. This is a 1-year residential programme for mid-senior level professionals which prepares them for the leadership roles. The programme is AMBA accredited.
Eligibility Criteria
- Executives with a Bachelor’s degree in any discipline with a minimum of 50% marks
- GMAT Score
- A minimum of 5 years of full-time post-qualification managerial experience.
Selection Process
- Application form submission
- Based on GMAT score, candidates are shortlisted for WAT and PI
- A composite score is calculated. (GMAT: 30%, Academic & professional Profile: 30%, WAT: 10%, Personal Interview: 30)
- The offer of admission based on the final composite score.
Fees Details
- The fee for IPMX is INR 23,50,000 + refundable money of Rs 30,000.
- Family accommodation has an additional charge of INR 1,25,000 per student.
IIM Bangalore
If you are looking to do a one year executive MBA after having industrial exposure, there is no other better college than Indian Institute of Management Bangalore (IIMB). It offers a specialized course known as the Executive Graduate Programme in Management (EPGP). IIM Bangalore is one of the top MBA colleges in India which attracts one of the best minds in the country. The EPGP programme offered by IIM Bangalore is an intensive one-year programme specifically created for executive professionals who have good work experience (5-12 years) in a wide range of industries. It is a fully residential programme which has the same rigour as of a two year MBA programme. The Unique features of EPGP Programme at IIM Bangalore are:
- Innovative content
- International Immersion
- Seminar Series
Eligibility Criteria & Admission Procedure
The criteria for applying to the programme include:
- Graduation with a minimum of 50% marks or equivalent Cumulative Grade Point Average in any discipline. Applicants from SC, ST and PwD categories eligible after a minimum of 45% or equivalent CGPA.
- Minimum 5 years of work experience in the managerial role after completing graduation
- A valid GMAT or GRE score
- An SOP (Statement of Purpose) that enables the candidate to highlight the future goals and other achievements
- Two references
Applications are checked considering the criteria and are evaluated. The next stage in the admission process includes interviews of the shortlisted candidates.
Fee Details
The EPGP program fee is as follows:
- Tuition Fee Rs 21,19,000
- Accommodation Rs 1,50,000 (shared) or Rs 2,85,500 (family)
- International Immersion Rs 3,00,000 (indicative)
- Refundable deposit Rs 20,000
- Totalling Rs 25,89,000 for shared accommodation and Rs 27,24,500 for family accommodation.
Top recruiters & Scope: Top MBA Colleges in India
- This included existing EPGP recruiters like Accenture, Amazon, Axis Bank, Ford, Genpact, Hindustan Coca Cola, Microsoft, Infosys Consulting, ITC Infotech and Zensar, as well as fresh recruiters like Airbus, Basix Sub-K, Bridgestone, KRYFS, Manipal Group, McKinsey & Co, OpenText, and Sterlite among others
- Apart from other known recruiters were some new-age startups like Chups, Livspace, Quantiphi, and Sigtuple.
- Some of the roles offered are AVP- Engineering, AVP- Operations, Business Consultant, Business Manager, City Manager, Cluster Manager, Consultant- Strategy, GM- Operational Excellence, Head Technology, Head Marketing, Principal Consultant, Product Manager, Senior Consultant, Senior Manager- Consulting, Vice President.
- The industries in which students take up roles are Analytics, Automotive, BFSI, Conglomerate, Consulting, E-Commerce, Energy, FMCG, Investment Banking, IT Product, IT Services, Manufacturing, Startup.
So, if you have reasonable experience, you can skip a 2 years long program which will also cost more. Instead you can go for 1 year duration programs offered by top MBA colleges in India. So, hurry up and start planning for the same.