IIMB Executive MBA programme is meant for those executives who wish to pursue an MBA course in their mid-career to sharpen their management skills. The executive MBA programme in Indian Institute of Management Bangalore (IIMB), termed as ‘Executive Post-Graduate Programme’, is a full-time one-year programme. The programme is designed to enhance skills and capabilities of experienced executives towards preparing them to handle the dynamic corporate environment.
IIMB Executive MBA: Programme Highlight
- Dration: 1 Year (12 months)
- Eligibility: Graduation
- Work Experience: Minimum 5 Years
- Experience: Programme Nature: Full-Time
IIMB Executive MBA Fee:
The total fee for executive MBA at IIMB is divided into different component. The programme fee for the year 2019-20 admission year is detailed below:
Fee Structure for IIMB -EPGP
|IIMB Executive MBA Fee components||Shared Accomodation (in INR)||Family accommodation (in INR)|
|GST – 18% on Tuition Fee||3,53,610||3,53,610|
The fee for International Immersion is subject to change based on the actual expenditure incurred for each student towards travel, accommodation and course fees in the foreign university. The Tuition Fee covers cost of tuition, course material, computing and networking, library, alumni association, student activities and career counselling.
The Indian Institute of Management provides accommodation to participants based on their preferences in an apartment complex which is about 3.5 km from the campus. For commuting purpose, the institute offers a frequent shuttle service. A single participant is allotted one room in a three-bedroom flat. Married students who wish to relocate with their families are provided a two-bedroom flat.
IIMB Executive MBA – Funding options:
Many finanacial institutions and Banks offer loans for students of executive MBA programmes at Indian Institutes of Management, Bangalore (IIMB). While the loan amount offered by different vary in the range of Rs 20 to 30 lakh, the interest rate per annum is in the range of 10 to 11.5 per cent. The banks usually seek repayment in 10-15 year and the EMI after the course completion.
|Key Elements||Axis Bank||UCO Bank||SBI||IDBI||Credila||Canara Bank||Avanse|
|Max Loan Amount Allowed||Rs 30 lakh||Rs 30 lakh||Rs 20 Lakh||Rs 20 Lakh||Total Cost||Rs 20 lakh||Rs 25 lakh|
|Interest Rate||10.50%||11.20%||11%||10.25%||11.75% (floating)||10.20% (base rate)||12.25%|
|Repayment Period||Up to a maximum of 15 years||15 years maximum||12 years||15 Years||10 years||15 Years||10 years|
|Moratorium||Course period plus one year||Course period + 1 year or 6 months after getting job||Course Period + Upto six months after completing course||Course Period + 1 year or 6 months after getting a job||18 months from the commencement of programm||Course period + 12 months or 6 months after getting job||Course + 6 months|
IIMB Executive MBA Scholarship:
EPGP Merit Scholarship: It is awarded to students in the top five ranks on the basis of CGPA at the end of Term 2 (i.e. Core Terms 1 and 2 taken together). The amount of each scholarship is INR 750,000.
EPGP Admission Scholarship: It is awarded to students in the top five ranks in each of Rounds 1 and 2 on the basis of the overall admission score. The amount of each scholarship is INR 600,000.
It is to be awarded as follows:
- A) INR 300,000 in the form of waiver of fee payable at the time of registration;
- B) INR 300,000 if the student is in the top 25 per cent of the class on the basis of CGPA at the end of Term 2 (i.e. Core Terms 1 and 2 taken together) in the form of waiver of fee payable in the next instalment.
EPGP International Scholarship: This is a new scholarship designed to attract international students in order to increase classroom diversity. Two scholarships of INR 1,00,0000 will be awarded to the nationals of countries in the SAARC (other than India) and ASEAN regions and from Africa. The conditions are as follows:
- A) Candidates educated outside India are eligible.
- B) The scholarship will be awarded to the candidates in the top two ranks from among those who meet the eligibility conditions as follows:
- INR 500,000 in the form of waiver of fee payable at the time of registration;
- INR 500,000 in the form of waiver of fee payable from the first installment of fee payable.
IIMB Executive MBA programme- Eligibility
The key eligibility for the MBA programme run by IIMB, known as Executive Post Graduate Programme (EPGP), at least 5 years of work experience preferably with diverse work experience. The details of IIM Executive MBA programme eligibility is given below:
- Graduate in any discipline with a minimum of 50% marks or equivalent Cumulative Grade Point Average
- Minimum 5 years (and preferably less than 12 years) of work experience after completion of graduation (as on March 31 of the admission year)
- A valid GMAT or GRE score. The validity of GMAT and GRE scores is five years for this executive programme.
IIMB Executive MBA –Important Dates
|Key Events||Window 1||Window 2|
|Application window||June 01, 2018 to Aug 30, 2018 (5:00 p.m.)||Sep 01 to Dec 03, 2018 (5:00 p.m.)|
|Application fee||Rs. 3,000||Rs 5,000|
|Interviews||# Sep 22 & 23, 2018||Dec 15 & 16, 2018|
|Interviews Interview Cities||Bangalore, New Delhi, Kolkata, Mumbai||Bangalore, New Delhi, Kolkata, Mumbai|
|Waitlist||Oct 08, 2018||Dec 26, 2018|
|Offer acceptance Last date||Nov 05, 2018||Jan 25, 2019|
|Withdrawal – Last date||– Nov 30, 2018||Feb 15, 2019|
*The Dates are for the admission year 2019. The application calendar remains similar for each admission year
IIM Bangalore Executive MBA –Admission Process
The admission process of IIM B Executive Post Graduate Programme in Management (EPGP) is done in two rounds. First round of application window opens in the month of June and continues till August end followed by the second window which opens in September and continues till first week of December.
The executive who wish to apply for the programme must enclose a Statement of Purpose (SOP) that enables them to highlight their future goals and achievements. Further, two references, preferably one from the current employer or from an individual who is in a position to evaluate the applicant’s performance on the job is also required along with the application from.
All the applications are reviewed and a shortlist is created based on merit ofapplication and attached SOPs. This is followed by an interview where the panel comprises two faculty members of IIMB and an IIMB alumnus. Candidates who are outside India and unable to attend the Personal Interview in India are offered interview through Video Conference mode. The candidates are evaluated each basis their quality of work, experience, diversity, leadership qualities, social sensitivity, and multi-facetedness.
Further, the key criteria for admission for EPGP include the following:
- Academic track record
- GMAT/GRE scores
- Quality of work experience
- Performance in the interview
- Writing Ability Test
A merit list is prepared based on a composite score arrived at by factoring the above criteria. The number of admission offers is decided basis availability of seats and it is also subject to the candidates satisfying a minimum cutoff decided by the admissions committee.
IIMB Executive MBA Application Process: Key Documents
The documents to be submitted as part of the application process are listed below
- SSC, HSC & Bachelors’ Degree Transcripts
- Bachelor’s Degree Certificate
- GMAT / GRE Score Sheet
- Statement of Purpose for pursuing the EPGP programme
- Work Experience letters / Payslips (First & Last) – indicating Date of joining
- If you wish to identify yourself as belonging to a socially backward community (SC/ST/NC-OBC), then the relevant certificate
- If you are a person with disability, then the relevant disability certificate
IIM-B Executive MBA- Course Structure:
Core courses are compulsory for all EPGP students. After completion of the core courses, students are given choice for a broad range of electives to align with their career objectives and personal interests. We present here the list of core courses and elective courses that forms the Executive MBA programme at Indian Institute of Bangalore (IIMB).
IIM-B Executive MBA programme – Core Courses
|Serial Number||Core Couses|
|1||Financial Reporting and Analysis|
|4||Competition and Strategy|
|9||Managing People & Performance in Organizations|
|11||Corporate Governance & Ethics|
IIMB Executive Programme – Elective Courses
|Elective Courses||Course details|
|Corporate Strategy and Policy||Strategic Leadership|
|New Product Development|
|Understanding Corporate Failures|
|Strategic Thinking and Decision Making|
|Leadership Vision, Meaning and Reality|
|Strategic Management in Media and Entertainment Industry|
|Economics and Social Sciences||Indian Economy and Policy issue for Business|
|Current Economic Scenario|
|Organizational Behaviour and Human Resources Management||Human Resource Management|
|Decision Sciences and Information system||Business Data Mining and Decision Models|
|Entrepreneurial Learning||Understanding and Working with Family Businesses|
|Finance and Accounting||Managing Value Creation|
|Management Control Systems|
|Financial Statement Analysis and Valuation|
|Management of Commercial Contracts|
|Banking, Financial Markets and Systems|
|Product Strategy and Management|
|Business to Business Market Management|
|Search Engine Marketing for Business Growth and Social Media Marketing|
|Competitive Marketing Strategy|
|Research for Marketing Decisions|
|Production and Operations Man||Technology and Operations Strategy|
|Supply Chain Management|
|Strategic Management of Services|
|Project, Programme and Portfolio Management|
|Business Process Improvement|
IIMB Executive MBA: Key features
The EPGP in IIM Bangalore offers participants a learning experience that is focused on concepts as well as the rigorous case study classes. Also, the group exercises during the programme make the experience of the students of executive MBA programme in IIM Bangalore more enriching. During the programme, the participants are given opportunity to connect with industry experts through seminars, workshops and Alumni mentoring experience. Students are also offered an opportunity to participate in the international immersion programmes.
The executives who completed executive MBA from IIM Bangalore say that the pedagogy of the programme does not only helps with insights to solve real-business problems but also strengthen the industry connect through peer interaction in the executive MBA class. “After nine years in different roles and domains, I wanted to study business management. The case-based study and projects helped me apply classroom concepts to real business problems,” says Tanu Sood of Class of 2018.
Parul Aggarwal who also completed the executive MBA programme from IIM Bangalore in 2018, says that the focus on analytical thinking and problem solving techniques helped hear a great deal understand the organizational management in a better way. “The curriculum has a strong focus on developing analytical, problem-solving and decision-making skills. Close interaction with some of the best minds in business gave me a unique opportunity to ‘unlearn’ the obvious and ‘learn’ to question the status quo” she says, adding that she considered the executive MBA of IIMB a long-term investment in her professional career.
IIMB Executive MBA- International Immersion: The international immersion module of the executive MBA programme in Indian Institute of Management Bangalore is introduced in third term. The module is aimed at enhancing participants’ understanding about the globalized economic environment. Under the module, the students are offered an opportunity to visit one of the BRICS countries or countries or developed Asian region like Singapore or South Korea. The BRICS countries comprise China, Russia, Brazil and South Africa. The immersion programme begins with a week-long pre-Immersion session at IIMB campus where industry specialists, and experts on global economy and market lecture students on various topics relevant to international economy, growth and culture. The next two weeks are spent in a country abroad where an associated management school hosts the entire batch during the period.
The lectures abroad focus basically on issues affecting local and business and industry and its global impact. The students also go on field visits, local industries and corporate offices to get a firsthand experience of how businesses are run and how market functions in that particular country. During the international immersion period the participants are divided into group as each group works on a pre-defined project that is allotted to them in advance by their academic mentor at IIM-B.
IIMB Executive MBA Placements:
The class of executive MBA attracts an array of recruiters including top companies like Accenture, Amazon, Cognizant Business Consulting, Ford, Hindustan Coca Cola, Microsoft, Shapoorji Pallonji, Syntel, and Zensar, African Industries, Axis Bank, Bajaj Auto, Baxter, Flipkart, HSBC, ICICI Bank, IL&FS, Indegene, Samsung among others.
IIMB Executive MBA – Placement Snapshot 2018
|No. of students in the class||73|
|No. of students who participated in the placement process||69|
|No. of students placed within 3 months from graduation (June 2017)||69|
|Mean annual salary (in INR) *||INR 23.46 Lakh|
|Median annual Salary (in INR) *||INR 22.00 Lakh|
The roles offered in IIMB Executive MBA placements are generally mid-senior level positions where substantial work experience with sharp understanding of management is required. Some of the roles, generally offered at the campus include the positions below:
- AVP – Engineering
- GM (Operational Excellence)
- AVP – Operations
- Head Technology
- AVP (Startup Incubator Program)
- IT Leadership Program
- Business Consultant
- Leadership Trainee (Market Operations)
- Business Manager
- Principal Consultant
- City Manager (BD & Operations)
- Product Manager
- Cluster Manager
- Program Manage
- Senior Manager (M&A)
About IIM Bangalore (IIM-B)
Indian Institute is one of the top management institution in india offering a wide range of management programme including full time MBA, Executive MBA and Fellow programme in management.
IIMB executive MBA- Contact details
- Programme Information: e-mail: [email protected]
Tel: +91 80 2699 3548 / 3759