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One Year MBA in India 2024

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One Year MBA in India options in 2024

Is One Year MBA worth in India?

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Yes, In the dynamic world of business education, the pursuit of an MBA has long been a defining milestone for ambitious individuals looking to elevate their careers. But when it comes to choosing the right path for your MBA journey, one question often takes center stage:

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Should you pursue an MBA in India or venture abroad?

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Yes. The answer, it turns out, lies in the way placements are facilitated and the critical role they play in shaping your future. Placements, inarguably, have been a pivotal factor for MBA aspirants.

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It's the moment of reckoning when your years of hard work and dedication culminate in the form of a job offer. It's the bridge between academic knowledge and practical application, where your potential meets opportunity. When we weigh the option of pursuing an MBA in India against the allure of international business schools, a fascinating narrative emerges. To truly appreciate the distinction, let's delve into the heart of the matter by examining the placement statistics of renowned institutions both in India and abroad.

 

In the Indian context, business schools take the lead in driving the placement process, providing a robust ecosystem for securing coveted job offers.

For instance, the Indian Institute of Management Ahmedabad (IIMA) proudly boasts a remarkable 98% of students securing jobs at graduation, as per the 2023 Placement Report.

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Similarly, the Indian School of Business (ISB) reports a stellar 99.4% placement rate for 2023. These numbers underscore a fundamental truth: in India, business schools play a proactive role in ensuring successful placements. Now, let's pivot our gaze to the international arena.

 

The likes of USC Marshall, NYU Stern, UCLA, Duke Fuqua, and Berkeley Haas present a different landscape. Here, the onus of navigating the placement journey largely falls on the students themselves, with student-facilitated placements ranging from 18.3% to 37%. The emphasis abroad is often on internship conversions, making the placement journey a more self-driven endeavor.

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  1. USC Marshall: In 2022, the school was instrumental in 81.7% of placements, while students took initiative in 18.3% of cases. (Source: Class of 2022 MBA Employment Report)

  2. NYU Stern MBA: Across 2021, the school's support played a pivotal role in 84.2% of placements, while students independently managed 15.8%. (Source: Class of 2021 MBA Employment Report)

  3. UCLA MBA: For the class of 2022, school-led placements constituted 67.60%, with students overseeing 32.4% of placements themselves. (Source: Class of 2022 MBA Employment Report)

  4. Duke Fuqua: In the class of 2022, the school orchestrated 63% of placements, while students autonomously handled 37%. (Source: Class of 2022 MBA Employment Report)

  5. Berkeley Haas MBA: In the class of 2022, the school played a major role in 73.7% of placements, while students drove 26.3%. (Source: Class of 2022 MBA Employment Report)

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So, why choose an MBA in India when students abroad must take charge of their placements to a large extent?

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The answer lies in the comprehensive support and guidance offered by Indian business schools. These institutions cultivate strong industry connections, providing students with invaluable opportunities to secure placements through school-facilitated processes.

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Here are the placement highlights from some of India's prestigious One Year MBA programs:

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  • IIM Ahmedabad's PGPX 2023 reported an impressive placement rate with 128 out of 130 students successfully securing placements.

  • The Indian School of Business (ISB) PGP 2023 graduates achieved an outstanding placement rate of 99.4%, marking a high level of career success.

  • The IIM Bangalore EPGP (One Year Full Time MBA) class of 2022 demonstrated a remarkable placement record with 72 out of 75 students participating and receiving campus placement offers.

  • At IIM Calcutta's MBAEx (One Year Full Time MBA) program, 78 students received a total of 79 offers, showcasing a strong placement performance, while 7 students opted out as they ventured into different career paths.

  • IIM Kozhikode's PGP-Business Leadership 2023 witnessed 58 participating students receiving a total of 66 placement offers, underlining the program's commitment to facilitating successful career transitions.

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These impressive placement statistics emphasize the robustness of these programs in providing students with promising career opportunities.

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The success stories of IIMA PGPX, ISB PGP, IIM Bangalore (IIMB EPGP ), IIM Calcutta ( IIMC MBAEX ), and IIM Kozhikode's PGP BL program serve as compelling evidence of this approach's effectiveness. These institutions consistently achieve high placement rates, ensuring that a significant percentage of their students secure jobs through school-facilitated placements.

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The comprehensive support and robust placement infrastructure provided by Indian business schools empower students to embark on their professional journeys with confidence. In a world where placements are pivotal, India stands as an increasingly attractive destination for MBA aspirants worldwide. So, as you ponder your MBA journey, remember that your path to success might just lead you to the vibrant and dynamic business schools of India.

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Get a profile evaluation and discuss your career goals to understand what would be a good One Year MBA program for you. There are one year MBA programs in US and One year MBA programs in Europe that you can also consider.

1. ISB PGP 2024 - One Year MBA in India

About ISB PGP One year MBA in India:

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This one year MBA in India offered by the Indian School of Business has about 900 seats and an average student work experience of 4.6 years, with an average GMAT score of 710. Its FT Rank for 2023 is 39.

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Eligibility for ISB PGP One year MBA in India:

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ISB PGP - Applicants with at least 24 months of post-graduate work experience are mandated to furnish GMAT or GRE scores.

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Application Process for ISB PGP 2024:

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ISB PGP: The application process comprises of three rounds. To apply, candidates are required to submit the application form with GMAT or GRE scores, two essays specified by ISB (one additional essay for re-applicants), and one letter of recommendation (LOR). After being shortlisted, candidates are expected to participate in a panel interview.

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Contact an ISB Admission Consultant at GOALisB for Application and Interview assistance.

2. IIMA PGPX - One Year MBA Program

About IIMA PGPX - Executive MBA from IIM Ahmedabad One Year MBA in India:

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IIMA PGPX program has 140 seats and an average student work experience of 7.3 years, with an average GMAT score of 710. Its FT Rank for 2023 is 51.

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Eligibility for IIMA PGPX 2024:

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Candidates need a minimum of 4 years of professional experience after graduation. GMAT or GRE scores are a must.

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Application Process for IIMA PGPX One year MBA in India:

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The application process involves three rounds. To apply, candidates are required to submit the application form with GMAT or GRE scores. If shortlisted, they must submit essays, a one-page resume, attend an extempore session and an interview. Read in detail about the IIM Executive MBA.

3. IIMB EPGP - One Year MBA program in India

About Executive MBA from IIM Bangalore:

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IIMB EPGP: This program has 75 seats and an average student work experience of 7.5 years, with an average GMAT score of 697. Its FT Rank for 2023 is 52.

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Eligibility for IIM Bangalore EPGP:

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Aspirants ought to have a minimum of 5 years of work experience after completing their graduation. Submission of GMAT or GRE scores is a prerequisite. 

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Application Process for IIM Bangalore EPGP:

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The application process has three rounds. Candidates who are interested must submit the application form with GMAT or GRE scores, a statement of purpose (SOP), and two letters of recommendation (LOR). Once shortlisted, candidates have to attend a written ability test (WAT) and an interview.

4. IIMC MBAEX - One Year MBA in India

About Executive MBA from IIM Calcutta

 

IIMC MBAEX one year MBA program has 78 seats and an average student work experience of 8.5 years, with an average GMAT score of 697. Its FT Rank for 2023 is 76.

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Eligibility for IIM Calcutta MBAEX:

 

Candidates must possess a minimum of 5 years of work experience after completing their graduation. Only GMAT scores are accepted.

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Application Process for IIM Calcutta MBAEX:

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The application process involves three rounds. Candidates who are interested must submit the application form with GMAT scores, a statement of purpose (SOP), and two letters of recommendation (LOR). Once shortlisted, candidates have to attend an interview.

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Round 1 - June 30, 2023 - August 17, 2023

Round 2 - August 18, 2023 - October 12, 2023

Round 3 - October 13, 2023 - November 23, 2023

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Get in touch with an MBA admission consultant at GOALisB for application and interview assistance.

5. IIML IPMX - One Year MBA in India

About Executive MBA from IIM Lucknow :

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IIM Lucknow IPMX program has an intake of 108 in 2023 and 101 in 2022 and an average student work experience of 8.3 years. Its FT Rank for 2023 is 90.

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Eligibility for IIM Lucknow IPMX:

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Individuals must have a minimum of 5 years of work experience post-graduation. Submission of GMAT or GRE scores is required.

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Application Process for IIM Lucknow IPMX:

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The application process has two rounds. Candidates who are interested must submit the application form with GMAT or GRE scores, along with 4-5 essay questions and two letters of recommendation (LOR). After being shortlisted, candidates must attend a written ability test (WAT) and an interview.

6. IIMK PGP BL - One Year MBA Program

About Executive MBA from IIM Kozhikode  :

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IIMK PGP-BL: This program had 64 seats and an average student work experience of 4.8 years in 2023. This program had 60 seats and an average student work experience of 4.8 years in 2022.

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IIM Kozhikode PGP-BL - A minimum of 3 years of work experience after graduation is mandatory for applicants. They must submit their GMAT, GRE, or CAT scores.

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Application Process for IIM Kozhikode PGP-BL:

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The application process involves three rounds. Candidates must submit the application form with essays, two LORs, and CAT, GMAT or GRE scores. After being shortlisted, candidates must submit a personal statement and attend an interview.

7. IIM Indore EPGP - One Year MBA programs in India

About Executive MBA from IIM Indore  :

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IIMI EPGP: This program has 57 seats and an average student work experience of around 9 years, with an average GMAT score of 650. Its FT Rank for 2023 is 89.

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IIM Indore EPGP - Individuals are required to possess at least 5 years of work experience after graduation. GMAT scores are mandatory.

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Application Process for IIM Indore EPGP:

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The application process has one round. Candidates must submit the application form with essays, two LORs, and GMAT scores. After being shortlisted, candidates must attend an interview.

8. IIM Udaipur GSCM - One Year MBA in India

About Executive MBA from IIM Udaipur GSCM:
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In 2023 , this program had about 48 seats and an average student work experience of 5.2 years, with an average age of 27 years with 10% of the class as women.

In 2022, this program had about 37 seats and an average student work experience of 5.1 years, with an average age of 27.4 years.

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Eligibility for IIM Udaipur GSCM/ DEM

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 Aspirants must have a minimum of 3 years of work experience after graduation. They are required to submit GRE, GMAT, or CAT scores taken within the last 3 years.

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Application Process for IIM Udaipur GSCM/DEM:

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The application process involves five rounds. Candidates must submit the application with a video essay, GMAT/GRE/CAT scores, and attend an interview.

9. IIM Udaipur DEM 

About Executive MBA from IIM Udaipur DEM:

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In 2023 , this program has about 47 seats and an average student work experience of 52 months, with an average age of 26.5 years with 25% of the class as women.

In 2022 , this program has about 37 seats and an average student work experience of 5.1 years, with an average age of 27.4 years.

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Eligibility for IIM Udaipur GSCM/ DEM

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Aspirants must have a minimum of 3 years of work experience after graduation. They are required to submit GRE, GMAT, or CAT scores taken within the last 3 years.

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Application Process for IIM Udaipur GSCM/DEM

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The application process involves five rounds. Candidates must submit the application with a video essay, GMAT/GRE/CAT scores, and attend an interview.

10. IIM Shillong PGPEX One Year MBA from IIM

About Executive MBA from IIM Shillong PGPeX: This program has 43 seats and an average student work experience of around 7.5 years.

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Eligibility for IIM Shillong PGPEX - The candidate should have a minimum of 5 years of work experience post-graduation. Submission of CAT or GMAT scores is compulsory.

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Application Process for IIM Shillong PGPeX: The application process comprises of two rounds. Candidates must submit the application with no essays, GMAT/CAT scores, and attend a WAT, GD, or personal interview.

Which other MBA programs accept the GMAT or GRE scores in India? Eligibility for Other MBA programs accepting the GMAT of the GRE scores in India:

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More programs for experienced professionals but duration is more than one year exactly but less than the traditional two year MBA:

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  1. XLRI ExPGDM: This program has a batch size of 114 students and an average student work experience of 71 months, with an average age of 29 years. Its duration is 15 months. Eligibility for XLRI ExPGDM - Candidates are required to possess a minimum of 5 years of work experience post-graduation. They must furnish their GRE, GMAT, or XAT scores.

  2. SPJIMR PGPM: This program has a batch size of 130 students and an average student work experience of 6.6 years, with an average age of 28.6 years. Its total duration is 18 months, with 12 months being on campus. Eligbility for SPJIMR PGPM - Individuals must have a minimum of 5 years of work experience after completing their graduation. Submission of GMAT or CAT scores is necessary.

  3. BITSoM MBA: This program has a batch size of 132 students and the program duration is two years.

  4. Masters Union - PGP TBM : This program has a batch size of around 160 students and an average work experience of 3.7 years and an average age of 24.5 years. The duration of this program is 16 months. Eligibility for Masters Union PGP TBM - Work experience is not mandatory, but it is preferable to have 2-4 years of experience after graduation. Applicants can submit GMAT, GRE, or CAT scores, or they must undertake the MUBAAT exam.

  5. Great Lakes PGPM - Great Lakes Institute of Management accepts  CAT*, GMAT, XAT+, and CMAT scores. Candidates with 2 to 10 years of work experience are often taken into consideration. Based on the evaluation and programme fit, the admissions panel may also propose the candidates for a certain programme. Candidates with fewer than 24 months of experience apply to the Great Lakes PGDM Programme.

  6. MDI Gurgaon PGDM BM is a 18 month full time MBA programme. It has a work ex. requirement of min 3 years. It accepts the CAt and the GMAT score.

  7. IMT Ghaziabad PGDM ExP is a 18 months full time MBA programme. It includes 15 months of Class room learning and 3 months of Capstone industry project.  Minimum work ex requirement is 5 years. It accepts CAT, XAT and GMAT Score. *Please check the exact school website for the latest updates.

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Admissions Process for other MBA Programs in India accepting the GMAT or GRE scores:

 

The admission process for the One Year MBA in India programs varies based on the institution.* Here is an overview of the admissions process for some of the popular MBA programs for executives offered by different Indian institutions:

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  1. XLRI ExPGDM: The application process involves two rounds. Candidates must submit the application with short essays, test scores, and attend a personal interview. They are required to submit GRE, GMAT, or XAT scores.

  2. SPJIMR PGPM: The application process comprises of two rounds. Candidates must submit the application with short essays, test scores, and attend a case study/GD, or personal interview.

  3. BITSoM MBA: The application process comprises of four rounds. Candidates must submit the application with essays, test scores, and attend a panel interview.

  4. Masters Union - PGP TBM: The application process involves two rounds. Candidates must submit the application with short essays and attend a personal interview. Work experience is not mandatory but 2-4 years of work experience after graduation is preferable. GMAT, GRE, or CAT scores are accepted, or MUBAAT is required.

Is a one year MBA better than a two year MBA?

Yes, a one year MBA is better than a two year MBA, especially for those professionals who have prior work experience. There are 4 reasons that make a one year better than a two year MBA.

  1. Cost: The Cost of a one year MBA will usually be lesser than a two year MBA, especially in terms of tuition fee and living costs.

  2. Opportunity Cost: For professionals who have prior work experience, the loss of salary is only for one year as compared to that for a two year MBA.

  3. Cohort and connections: The 1 year MBA  in India cohort is more experienced, so the network that you build as a professional is also much more relevant to professional growth.

  4. Career Opportunities: The placement opportunities offered at the two year MBA programs and the one year MBA programs differ largely due to the reason that the cohort composition is very different.

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This is the reason why professionals are now choosing one year MBA in Europe as well as one year MBA in USA. In Canada however most of the MBA programs offered are two year in duration except for the IVEY MBA

Is MBA going to be a one year course?

No, the audience for a two year MBA program is very different from a one year MBA program. There are ample reasons for both the MBA programs - one year and two year to co exist. This is just like the MBA and the Executive MBA coexist because they cater to professionals at different levels in their careers. 

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IIt is also important to note that the recruiter industries as well as functions offered at the two year MBA vs the one year MBA are very different as well.

one year vs two year MBA
One year vs two year MBA
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