2- Year Full Time MBA Program

Few years ago, lacking work experience probably would have been a major minus point for a MBA aspirant but today, major changes and reformation has occurred in favor of students over the years. So now, a student can jump right from earning their UG degrees to starting their MBA dream. So, if you’re a fresher wanting to sail towards the MBA life then you're more likely to be accepted into the 2-year program than the 1-year program. Students from diverse backgrounds are admitted into this program and do perfectly well despite having little to no work experience.

To be eligible for 2-year full time MBA Program candidates must have a bachelor’s degree in a relevant discipline with at least 55% score. They must have appeared for a management entrance exam like CAT, XAT, GMAT and MAT.

Out of 20, 14 IIMs are included in the top 100 MBA schools for 2-year full time program, but recently other MBA colleges have also been performing at par with the top IIMs.

Here's a list of top MBA Colleges for a 2-Year full-time MBA program:-

• IIMA
• IIMB
• IIMC
• XLRI Jamshedpur
• ISB Hyderabad
• Taxila Business School
• SPJIMR Mumbai
• IIM Indore
• IIM Lucknow

If we compare a 1-Year Full Time MBA Program with a 2-Year Full Time MBA Program, then in some obvious areas the latter would win. For instance, inclusion of a summer internship program, comparatively less rigorous routine, more inclusive with the only con being that it is slightly more expensive. But the 1-year program certainly has too many cons like being extremely rigorous, no Internship program, no scope for networking and extreme pressure. But of course, the one-year program does give you the benefit of time.

Our advice would be, that if you’re a fresher, then the 2-year MBA program will be more suitable but if you’re a working professional with some relevant work experience then go ahead with the 1-year MBA program.

Executive MBA Program

Let's start with the eligibility criteria. An Executive MBA candidate must have completed a bachelor’s degree in a relevant discipline with at least 55% marks. They must have appeared for a management entrance exam. Some management exams are CAT, XAT, GMAT and MAT. But here’s the twist in the tale

Candidates must hold a minimum work experience of 2-3 years.

Best Executive MBA Programs in 2021 are:-

• IM Ahmedabad – ePGP
• FMS – MBA Executive Program
• ISB – PGPpro
• XLRI Jamshedpur
• IIM Kozhikode – Executive MBA (EMEP)
• XLRI – Postgraduate Diploma in Management
• SPJIMR – PGEMP

But why should one opt for an Executive MBA? Because it builds your skill set, makes you a better leader and enhances your business mind. It not only directly benefits you and your company but also your employees. It doesn’t matter if you’re working as a corporate geek or a startup freak, an executive MBA can give you the necessary set of skills to succeed in the corporate world.

Part-Time MBA Program

The good news is that it is substantially easier to get into a part-time MBA program from a reputed institute than into a full-time MBA program. It does have some clear advantages over a full-time residential program. A part-time program ensures a steady income alongside acquiring a MBA degree. The course structure is comparatively lighter and gives you more breathing space. But of course, it is not without disadvantages. The duration is longer and lacks peer-to-peer interaction which is important for networking. We all know how the business world is all about networking!

So, if you’re a working professional who’s looking to get an MBA degree without compromising on your job then THIS is the best program for you!

These programs generally run year-round, with classes scheduled outside of normal business hours. You have the flexibility of choosing how many classes you take each semester.

There are generally 2 types of part-time MBA programs:

• Lock Step Programs
• Self-Paced Programs

Self-paced programs are generally more flexible than the lock step programs. In the lock step programs you enter the program with a batch who learn with you.

The eligibility criteria for admission to a part-time MBA/PGDM course is graduation in any discipline from a recognized university with a minimum of 55% (depending on the college), and preferably a minimum of two-three years of work experience.

The best part-time MBA programs in India are:-

• JBIMS Mumbai
• IMT Ghaziabad
• FMS Delhi
• MDI Gurgaon

Online MBA Program

The first online MBA Program was started by Aspen University in 1987. Since then the popularity of this mode of MBA has grown rapidly over the years. Today as the world is ushered into the new age of Digital Learning, online MBA programs have a bright future ahead.

It allows you to explore the world of MBA right from the comfort of your home. Today over 60% of the MBA courses are offered online and over 46% of MBA aspirants opt for online MBA.

With a variety of course formats, including recorded lectures and live web conference courses conducted in virtual classrooms, online MBA programs are all about flexibility.

But this mode of MBA too has some clear disadvantages. The ROI of online MBA programs is 76% lower than on-campus MBA programs. Further a significant number of students with online degrees do not get qualified jobs and the cost of online MBA programs is only 20% less than on-campus programs. This mode lacks peer-to-peer interaction and scope for networking too.

Eligibility criteria – Candidates must hold a bachelor’s degree with a minimum of 50% score (depending on the college).

Some of the colleges for Online Learning:-

• Sikkim Manipal University of Distance Education
• ICFAI University Tripura
• Indira Gandhi National Open University (IGNOU) Delhi
• Symbiosis Centre for Distance Learning