With better networking opportunities, soft skill development and international dimension, MBA continue to be one of the most popular courses in India. The number of students applying for various MBA specializations keeps on increasing every year. The last 3-4 years have seen a significant increase in the popularity of one of the MBA course- Executive MBA. Unlike full-time MBA, the executive programme is designed especially for professionals with some years of experience. It is for all those ambitious people out there, whose career is on an upswing but still wants to turbo charge their resume.
An executive MBA from any of the top business schools in Noida, Delhi and other major cities of India helps candidates in more than one ways. The comprehensive curriculum not only enhances their management skills while still working but also gives them a brilliant opportunity of getting better pay offs. Those with an executive MBA under their belt are likely to climb a few steps on the corporate ladder and promoted easily. They can also switch career paths easily if they wish to. Here we have listed some trends in executive MBA that we may see in the near future:
until a few years back, the top universities in India for MBA, the likes of IILM, only saw candidates enrolling in full-time MBA courses. But things have changed now! Individuals have realized the potential of this course, how it helps in enhancing their ability and expanding work possibilities. Over the years, the top business schools in India have observed a significant rise in the number of candidates applying for an executive MBA programme. The trend is expected to continue in the future as well.
COMPANY SPONSORSHIP FOR THE COURSE:
nowadays, more and more organizations are encouraging their employees to take up a specialized course. This is because they know that it will eventually add value to their organization. There are employers that even sponsor the course for the employee if they believe he is an asset to the company and holds a future with them. This trend of organizations funding the executive MBA course for the employee is also expected to continue in the future.
MORE SELF-FUNDING STUDENTS:
although the majority of candidates enrolling in executive MBA hope for funding or sponsorship from their organization, not all are able to get it. This, however, does not stop them from pursuing the course. Such candidates choose to fund the course themselves as they know how helpful it will be in the future. The number of self-funding students is also expected to rise in the days to come.
MORE WOMEN ENROLLING IN THE COURSE:
in the last few years, the number of females working in the corporate sector has also increased considerably. And with more female professionals joining the management field, a similar balance is expected in the MBA programme as well.
So, these are the trends that you are likely to see in the coming years. Know them as it will help you make an informed decision.