Executive Education at IIMs: Benefits of EPGP for Working Professionals
The Indian Institute of Management (IIM) offers various management courses for business professionals in their institutes located across the country. The main objective of these Executive programs is to provide flexible graduation programs for working professionals without interrupting their professional and personal schedules. The Executive Education at IIM institutes offers a wide range of opportunities for career advancement and the development of advanced business skills necessary for the present business environment.
IIM EPGP benefits
IIM offers Executive PGP programs to working professionals, which helps the professionals to pursue their graduation without a career break. Along with this, there are a few more advantages, such as:
- Gaining a general management orientation coupled with participants’ functional expertise would facilitate them to assume larger roles.
- Participants gain valuable insights as faculty members share cutting-edge management concepts, global industry trends, business practices, and their practical knowledge in the classroom.
- Participants learn and contribute to each other’s experiences, discover new perspectives, and gain an understanding of diverse functions, industries, organizational practices, and paradigms.
- Flexibility and convenience owing to the blend of on-campus and online delivery.
- Makes participants contemporary and industry-ready.
Executive education in India
Today in India, executive education is being used to address the following gaps as perceived by the individual/organization or both:
1. Campus to corporate gap: Finishing schools/boot camps from campus to corporate
2. Retention gap: Getting talent that will stay with you
3. Growth (renewal) gap: Addressing the renewal issues of the mid-career executive
4. Skill Obsolescence Gap: Dealing with disruption-The workforce upskilling issue
5. Technical training: To address the organization's current skill gap
6. Leadership education: To address leadership transitions and create a pipeline
Some of the executive education offered in India are as follows:
| Colleges |
Average Fee(INR) approx |
| IIM Calcutta 2-year ex |
4,62,000 |
| XLRI, Jamshedpur, 3-year exp |
4.75,000 |
| IIM, Bangalore |
23 L |
| IIM, Kozhikode |
3,50,00 |
| IIM Shillong |
20.00,000 |
IIM programs for working professionals
The programs offered to working professionals by IIM institutes to enhance their career opportunities are:
| IIM |
Course |
Work experience required |
Course Fee |
| IIM, Kozhikode |
Advanced Strategic Management program |
5 or 7 years |
2.95 L |
| IIM Raipur |
Executive Certificate program in Machine Learning for Managers |
|
75,000 |
| IIM Lucknow |
IPM X |
3–8 years |
26 L |
| IIM Ahmedabad |
Advanced Program in Financial Technologies and Financial Analytics |
3.25.000 |
|
| IIM Udaipur |
EMBA |
|
14.20,000 |
EPGP course details
A Graduate Program (EPGP) in Management is a two-year master's degree program (with the added flexibility of completion in three years) offered on an Interactive technology platform. The objective of the program is to impart management education to junior, middle, and senior-level working professionals and entrepreneurs seeking skills and strategies to take their organizations to the next level. The course provides the students with leadership skills for the knowledge economy, through an innovative curriculum. During the first year, the program curriculum focuses on equipping the students with Managerial decision-making abilities, Leadership capabilities, an understanding of the functional areas of management, an understanding of the economic and regulatory trends, varied analytical tools and techniques, and General management orientation.
Highlights:
| Particulars |
Details |
| Name of the program |
Executive Education |
| Course type |
Full-time, Short-term, Online |
| Eligibility |
- Minimum of 50% aggregate in Bachelor’s Degree or equivalent from a recognized Institute
- 3 to 8 years of work experience in a recognized organization
|
| Course Average Fee (INR) |
2 L- 30 L (approx) |
| B-Schools offering Executive Education |
IIMs, X LRI, SIBM, ISB, FMS, MDI, Great Lakes Institute of Management |
Career growth with IIM EPGP
IIM offers various EPGP courses, which is the best opportunity for working professionals and executives to meet their career objectives through various programs.
- The program offers flexibility to choose the mode of learning, which supports professionals in enriching their knowledge in their area of expertise without any interference in their work life.
- The program provides the graduate with an opportunity to increase their professional networking, which also helps them in their global career development.
- The program offers excellent opportunities for the graduates to increase their pay scale and enhance their careers in the firm.
- Due to the demand in the Global market, the graduates with experience can make the most of the program by mastering their skills and transforming into the best performers in the field of expertise.
- The professional will be able to learn the recent technology and tools required to work in the contemporary business environment.
Eligibility for IIM EPGP
The Eligibility to pursue an EPGP in any of the IIM B-Schools are as follows:
- The graduate has to possess a bachelor’s Degree or Equivalent with a minimum of 50% aggregate.
Work experience required to enroll in any IIM Institutes are:
- IIM Ahmedabad: minimum 2 years
- IIM Calcutta: Minimum 1 year
- IIM Bangalore: More than 2 years
- IIM Kozhikode: minimum 2 years
- IIM Lucknow: minimum 3 years
IIM Executive MBA
The IIM offers MBA programs in various forms of learning modules, Executive MBA is one of the programs designed for working professionals or freshers who do not want to study the regular one. The professionals who want to increase their working skills, and get advanced knowledge in their working field opt for the Executive MBA, so they do not take a break in their career. The Executive MBA is a 2-year program and offers specializations such as Marketing, Finance, Human Resources, Operations Management, etc. The curriculum is similar to the regular MBA, only the teaching pattern is altered on the priorities of the students. The Executive MBA has, recently, been adopted by most of the Institutes apart from the IIMs as well.
EPGP vs regular MBA
The regular MBA and EPGP are similar based on the curricula but only vary in the class schedule planned. The MBA program is advanced in various ways depending on the Specializations offered, Duration of the course, Mode of teaching, etc. Some of the key differences between regular and Executive MBA programs are:
| Regular MBA |
EPGP |
| The duration of the program is 2 years |
Duration of the program can for the long term which is for 2 years and the short term which is 1 year |
| Specializations are very same Marketing, Finance, HR, operations management, etc |
Offers regular specializations with advanced certification courses on recently developed technologies as well required for Industry. |
| Career opportunities are good as the program is developed for Fresh graduates. |
The graduates here are looking for career advancement and salary hikes, so career growth is better. |
| The graduate starts to build a professional network and develops professional skills. |
The graduates are increasing their professional skills and networking in their field of work. |
Leadership programs at IIMs
The IIM Offers various leadership programs to understand oneself and build inner stability. The programs describe various leadership styles and how to lead downwards. A few Leadership programs offered at IIMs are:
IIM Nagpur:
- Global Senior Executive Leadership Program:
- Specialization: Finance, HR, Product, Technology, Sales & marketing, etc.
- Teaching mode: online
IIM Bangalore:
- Strategy and Leadership Program
- Teaching Mode: I IMB Campus
- Average Fees (INR): 94,500
IIM Calcutta:
- Executive Program in Leadership and Management (EPLM)
- Program Duration: 1 year
- Program Fee(INR): 6.5 L
IIM Lucknow:
- Senior Leadership Program:
- Program Duration: 11 months
- Program Fee: Course Fees + GST
IIM Tiruchirappalli:
- Program Duration: 6 months
- Teaching mode: online
- Program fee (INR): 1,29,000
Professional development at IIM
The IIM offers various courses for Professional Development, both online and on-campus. Due to these programs, students benefit from hands-on exercise and real-world case studies, ensuring a comprehensive learning experience. A few IIM Professional Development courses are:
IIM Ahmedabad
- Executive Program in Supply Chain and Logistics Management:
- Program Duration: 6–8 months
- Teaching Mode: 2 campus Module (4 days on Campus)
- Every Sunday online sessions
- Program Fee: to be announced
IIM Kozhikode:
- Women Leadership Program
- Program Duration: 10 months
- Teaching Mode: 2 on-campus immersions (4+1) days at IIMK
- Program Fee (INR): 3,38,000
FAQs:
1) Do IIMs offer Executive Education to working professionals?
Yes, IIMs do offer executive education to working professionals.
2) Do we require work experience to enroll in Executive programs in IIM institutes?
Yes, work experience is a necessary criterion to enroll in IIM executive programs.
3) Does IIM provide online classes in their executive programs?
Yes, IIM does provide online classes in their executive programs.
4) Is executive Education worth pursuing in India?
Yes, of course, India provides the best Executive education in various specializations which is accepted globally.
For More Information Visit PlanEdu
