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IIM Online MBA Programs

May 20, 2024 by Admin
IIM Online MBA Programs

In India, many renowned MBA colleges provide online MBA programs specifically designed for working professionals. Some of the top-ranked IIMs, including IIM Ahmedabad, IIM Kozhikode, IIM Shillong, IIM Rohtak, and IIM Raipur, offer Online MBA (EPGP) courses. These classes are conducted digitally, allowing candidates to attend from the comfort of their homes or designated classroom centers in their cities. IIM Online Courses are open to working professionals with at least three years of work experience.

The IIM Online MBA program is a prestigious two-year PG degree tailored for busy professionals and entrepreneurs. It is mostly online, with occasional on-campus sessions, making it convenient for those balancing work and study.

In the first year, you will focus on gaining top-notch management skills, understanding key business areas, and staying updated on economic and regulatory matters. You will also learn to make sound decisions using analytical tools and develop strong leadership abilities. The second year lets you pick elective courses in fields like Finance, Marketing, or Operations to specialize in what interests you.

IIMs are known worldwide for their quality education, and this online MBA is no different. You will get the same level of education as the regular MBA programs, making it valuable in the job market and offering plenty of career opportunities.

Here are some highlights of the IIM Online MBA:

  • You will experience a mix of learning methods like case studies, lectures, projects, and simulations to deepen your understanding.
  • You will have access to all the resources of IIM, including the Vikram Sarabhai Library.
  • You will get to attend in-person classes on the IIM campus, giving you more interaction with professors and classmates.
  • Once you complete the program, you will become part of the IIM Alumni network.
  • You can finish the program in up to three years, giving you flexibility.

Why Choose IIM Online MBA?

  • Flexibility: Online MBAs offer the convenience of attending lectures and accessing study materials over the Internet. You can join classes from any location with a good internet connection. If you miss a live session, you can view the recorded lectures later through the learning management system (LMS).
  • Cost-Effectiveness: Online MBAs are generally more affordable than full-time programs due to lower operational and infrastructure costs. Additionally, students save on expenses related to travel, accommodation, and other related costs.
  • Diverse Specializations: If you are interested in a specific MBA specialization that is not available in your city or country, an online MBA can be an excellent choice. Online programs often offer a wide range of specializations, allowing you to gain the skills that companies value most, regardless of the institution's location.
  • Easy Access: All information and materials for an online MBA are stored digitally, eliminating the risk of losing or damaging study materials. You can access your notes and resources anytime, from anywhere.
  • Better Job Opportunities: An online MBA is particularly beneficial for working professionals looking to enhance their expertise in their field. Combining work experience with specialized training makes candidates more attractive to employers, increasing their job market desirability.

IIM Online MBA Fees Structure

Here are some highlights of the online MBA and blended mode programs offered by IIMs:

IIM

Course Name

Selection Criteria

IIM Online MBA fees in India

IIM Ahmedabad

e-Mode PGP

CAT, GMAT, GRE, IAT + Personal Interview

Rs 20 lakh

IIM Kozhikode

Executive Post Graduate Programmes (EPGP)

EMAT+ Personal Interview

Rs 12 lakh

IIM Shillong

PGP (Working Executive)

CAT, GMAT+ Personal Interview

Rs 10 lakh

IIM Rohtak

EPGPX

CAT, GMAT, GRE, GATE + Personal Interview

Rs 7.15 lakh

IIM Raipur

e-MBA

CAT, GMAT + Personal Interview

Rs 10 lakh

IIM Bangalore Online MBA

EPGP

GAT/GMAT/GRE+ Personal Interview

Rs 18 Lakh

IIM Online MBA Eligibility:

The online MBA program duration is 2 years, offering a more flexible and convenient learning format compared to regular programs. The IIM online MBA eligibility criteria are given below:

  • Must be working professionals or entrepreneurs with at least 3 years of full-time work experience after completing graduation, as of June 30 (admission year).
  • Must be at least 24 years old as of June 30 (Admission year). There is no upper age limit.

Educational Qualification:

  • Must hold at least a bachelor's degree, CA, CS, ICWA, or equivalent in any discipline.

                                                                              OR

  • Must have completed a minimum of 15 years of education (10 + 2 + 3 or 4) as per the Indian education system.

                                                                                 OR

  • Must have at least 50% marks in aggregate or equivalent CGPA from a recognized university.

Entrance Exams:

  • Must take the Online IIMA Admission Test (IAT) designed for the Online MBA

                                                                   OR

  • Have a valid CAT score from tests taken within the last 5 years (from May 1, 2024)

                                                                     OR

  • Have a valid GMAT/GRE score from tests taken within the last 5 years (from May 1, 2024). The new GMAT Focus Edition exam scores are also acceptable.

Interview:

  • Shortlisted candidates will be invited for a personal interview for final selection.

IIM Online MBA Course Delivery:

  • The IIM Online MBA program follows a blended mode of study, combining online sessions with synchronous live classes.
  • The program is structured into core courses, projects, and elective courses, totaling 36 credits, with 16 credits for core courses, 12 credits for projects, and 8 credits for electives.
  • The duration of the program is One to two years, encompassing a total of 900 teaching hours.
  • Online sessions are scheduled as follows: two sessions on Thursday and Friday evenings, two sessions on Saturday morning, and one session on Sunday morning, with an additional pre-lunch session on Sunday.
  • On-campus sessions occur typically once a month, each lasting one week.
  • The live online sessions are delivered through the VC Now platform, a brand of Unified Collaboration Services Ltd, using a direct-to-device mode.

IIM Online MBA Admission Process:

  • Go to the IIM's official website.
  • Scroll down and click on the link for the Online MBA Program for the relevant year.
  • Register:
  • Click on “Apply Now” to be redirected to the IIM's Online MBA admission portal.
  • Click on “Sign Up” and register by providing your details.
  • Fill Out the Application Form:
  • Complete the IIM Online MBA application form.
  • Pay the application fee as specified.
  • Download the completed form and fee receipt for future reference.

Selection Process:

  1. Shortlisting:

Candidates are shortlisted based on academic performance at the senior secondary and bachelor's levels, along with a composite score for work experience.

  1. Personal Interview:

Shortlisted candidates must appear for a personal interview.

Evaluation criteria include industry experience, communication skills, leadership aptitude, team spirit, and ethical orientation.

  1. Final Selection:

The final composite score is based on the profile and personal interview, with each parameter carrying a 50% weightage.

Parameters

Weightage

Academic Profile

22%

Work Experience

20%

Gender Diversity

4%

Academic Diversity

4%

Personal Interview

50%

IIM Online MBA Placements:

An online MBA from IIMs is highly regarded by recruiters both nationally and internationally. It enhances your team management, communication, and decision-making skills, making you stand out and increase your chances of securing a higher job position. In addition to prestigious job titles, an online management degree often leads to higher salary packages. Graduates with this degree can expect to earn an average of 12 LPA, which is a strong starting salary for early career professionals.

Accenture

Axis Bank

BSNL

Capgemini

Cognizant

Deloitte

HDFC Bank

Wipro

After completing an online MBA, your career options depend on your area of specialization. With the right skills and qualifications, you can explore various sectors for employment. Upon receiving an MBA from IIM, students have been offered roles such as these, based on their specialization.

Project Manager

Business Analyst

Digital Marketing Manager

Finance Manager

Business Operations Manager

Business Intelligence Analyst

SAP Consultant

HR Manager

Product Manager

Private Equity Associate