You must Sign In to post a response.
  • Category: India Educational Consultants

    Should I opt for a Full time MBA/PGDM or an Executive MBA?


    Confused about choosing education over career? Let our career experts help you.

    Hello, I am a 24 year old guy currently earning 40k per month. I have 3 years of job experience. I am confused whether I should take a break from work and pursue for a Full Time MBA/PGDM program or wait for another 2 years and pursue an Executive MBA.
  • #140739
    This thread is being shifted to Ask Expert section.
    'Real knowledge is to know the extent of one's ignorance'- Confucius

  • #140740
    As per your query I don't think that you should leave your job. Leaving your present job has many drawbacks you will loose your experience and even when you complete MBA you won't get a job with current earning what your. I suggest you not to leave your job but at the same time you can do post graduation by distance education. There are variety of distance education for post graduation. By enrolling there in two years you will not loose your experience and also get your degree which you wish to pursue. MBA and PGDM have similar subjects any one you can choose as per your requirement.

  • #140751
    All MBA courses are equally important and gives you benefits. Full time 2 years of MBA and 1 year of executive MBA need full attention by staying near to college or might be in hostel. It is not the case for distance learning MBA.
    If you are not married or don't have plans for marriage in next 2 to 3 years , you can opt for 2 years for full time.
    Before that check your status if you need MBA degree. Most of people gets confused to choose technical or management path in career. If your job needs MBA degree then better complete it immediately.
    Other option is keep changing job so that you get desired salary and same time do distance MBA.
    You need good preparation and score to secure good MBA college. All the best.

    Avi
    Life Is Beautiful

  • #140787
    Since you are already on the job and in course of opting a full time MBA course, you have to leave the present job for the aquistion of MBA/ PGDM course. Considering the time span of full course and the extra time required for the preparation of the same would take additional time and time consumption may range from three to three and half year in order to get entry in a prestigious institution.
    Executive MBA programme are planned by the management and they help the eligible candidates with leave and full coverage of the fees and other related expenses for the completion of the courses and in case, you avail of such oppurtunities, you are sure to gain in many ways ie in terms of saving your time and money. Apart from it, your promotion prospects would be widened after having acquired the same qualification.
    By leaving the job and preparing for CAT in order to be absorbed in any distinguished IIM institute would prove to be risky affair.
    Hence taking any constructive step you need to consider pros and cons of the entire issue.

  • #141121
    Choice of doing higher education is a good idea. Choosing MBA after completion of an Under Graduate degree is also a good option. Full time M.B.A are good if the candidate pursues from the U.G directly without going for any job after the completion of the U.G and without a break in the education.
    Its seems like you are already in a good job and earning more than 40K and its surprising if you leave the job for an M.B.A again after completion of the Post Graduate of M.B.A. you need to start again in the career ladder it may be either low or average pay of salary.
    Choosing an M.B.A while you are working will be more effective since there are big institutions which offer education for working executives. Try for an exams like GATE, GMAT and try to obtain or secure an admission in a higher institution for an M.B.A.

    PGDM Post Graduate Diploma in Management is a one year degree with Post Graduate which are few steps Lower when compared to the Masters Degree. In a Masters Degree the Post Graduate diploma will be done and further education will be there after passing through the Post Graduate Diploma in Management the next level will be the Masters level degree.

    An executive M.B.A is a one year degree equal to M.B.A. which is one year than the normal. Its good idea to choose related to your career for the M.B.A as this will boost the payscale of your job.

    M.B.A. is a good option with job and there won't be any worries since you are already in a job.

  • #141829
    You have not mentioned about your basic qualification. But doing MBA to enhance your academic growth is always a good idea. If you are an Engineering Graduate, perusing MBA would be more helpful. Perhaps you may be aware that admissions for MBA/PGDBM in reputed institutes like IIM, Indian School of Business, NIRD and MANAGE and other Universities is done through the CAT examination and the score card is the criterion for your selection. Getting a score of 90% to get assured in good colleges/Universities is not an easy task. For getting a berth in IIM, your score card should be 99%plus. Having working experience, you would be given preference during selection process. There should not be any confusion in deciding your career for yourself.

    In case, you are an ordinary graduate in Science or Humanities or Commerce, don't take any risk unless you get a good score in CAT/XAT/GMAT which would ensure a seat in the reputed institutes because placement after completing MBA also depends on your backdrop of Graduation and Institute where you have studied. If you are interested to do MBA but couldn't get a good score in CAT , then don't leave the job and try to do it through distant mode or through evening courses, which would be an ideal situation.

    Regards,
    Jagdish


  • Sign In to post your comments