The Executive MBA program offered by IIT Bombay and Washington University in St. Louis is a highly esteemed certification program specifically tailored for seasoned leaders who aspire to elevate their career to the next level. The program focuses on enterprise leadership, catering to the needs of the company, rather than a specific business unit or functional area. In this blog post, we will take a closer look at the program details, including its location, duration, eligibility, class schedule, fees, deadlines, and past batch profiles.
Location of the IIT Bombay Executive MBA:
Participants complete 17 modules in Mumbai before spending two weeks in Washington, D.C., and St. Louis, where they finish the remaining coursework and visit American businesses. The fusion of these distinctive learning opportunities offers students a comprehensive and global outlook on the business landscape.
ISB PGPMAX is another program which is comparable to the IIT Bombay Executive MBA.
Duration of the IIT Bombay Executive MBA:
The executive MBA program runs for 18 months, broken up into four days every month, beginning on a Thursday morning and ending on a Sunday night. This format allows participants to balance their work commitments and study requirements effectively.
Eligibility of the IIT Bombay Executive MBA 2023:
To be eligible for the program, applicants must hold a bachelor's degree from a university approved by the University Grants Commission (UGC). Moreover, a minimum of seven years of professional work experience, with at least five years in a managerial role, is a prerequisite for eligibility. Applicants must also demonstrate proficiency in English.
Fees of the IIT Bombay Executive MBA 2023:
The non-refundable program fee for the executive MBA program is INR 42 lakh (inclusive of all taxes). This fee covers tuition, course materials, meals, and accommodation during the two-week stay in the United States. Classes Start The 8th cohort of the executive MBA program begins in January 2023. The application process for this intake has closed.
UCLA PGP PRO and the INSEAD ILPSE are also comparable programs to the EMBA.
Certificate Awarded for the IIT Bombay Executive MBA:
Upon successful completion of the program, participants receive a dual postgraduate degree in business administration from IIT Bombay and Washington University in St. Louis.
Past Batch Profile of the IIT Bombay Executive MBA:
The program has seen participation from professionals across various industries and functions. Work Experience range of the class:
Work experience Less than 10 Years: 7%
10-15 Years work experience: 43%
16-20 Years work experience: 28%
21-25 Years work experience: 15%
More than 25 Years work experience: 7%
Industries Represented in the IIT Bombay Executive MBA:
Energy, Oil & Mining: 4%
Healthcare & Pharma: 13%
Retail/Consumer Durables: 2%
Logistic & Transportation: 3%
Manufacturing & Engineering: 13%
Marketing & Consulting: 6%
Real Estate & Construction: 3%
Functions Represented in the IIT Bombay Executive MBA:
Manager/Senior Manager/General Manager: 22%
This is quite similar in focus to the ISB Executive MBA programs.
IIT Bombay Executive MBA curriculum 2023:
The Executive MBA program, jointly offered by IIT Bombay and Washington University in St. Louis, is designed to provide participants with a global perspective on business, equipping them with the necessary skills and knowledge to excel in leadership roles. The curriculum of the program is modeled after Washington University's acclaimed Executive MBA programs in the United States and China. The program's faculty consists of distinguished scholars and experts from both IIT Bombay and Washington University in St. Louis, with extensive knowledge and experience in their respective fields.
CORE SUBJECTS: The EMBA curriculum is organized into various core functional topics, including strategic management, organizational behavior and design, data modeling and decisions, corporate finance, marketing management, financial accounting, operations and manufacturing management, and managerial economics. Additionally, participants gain hands-on experience through a business start-up consulting project.
ADVANCED SUBJECTS: In addition to the core functional topics, the EMBA program covers advanced functional topics such as managing power and influence in organizations, leadership, strategic cost analysis, macroeconomics, competitive strategy and industry analysis, global supply chain management, growth, valuations, and sustainability, data-driven decision making, strategic management of innovation, and customer analytics.
INTERNATIONAL RESIDENCY: Participants spend two weeks in Washington, D.C., and St. Louis, as part of the international residency component. During this period, they have the opportunity to engage in industry visits, one-to-one executive coaching sessions, and participate in the Global Tycoon Championship.
Participants can also study with the EMBA cohorts in St. Louis or China. The program is designed to provide participants with a transformative learning experience that blends rigorous coursework, practical training, and global exposure, enabling them to excel as leaders in their respective fields.
The IIT Bombay-Washington University in St. Louis Executive MBA program offers a unique opportunity for established leaders to enhance their leadership skills, expand their knowledge of business, and gain a global perspective. With its rigorous curriculum, experienced faculty, and diverse student body, the program prepares participants to take on senior leadership roles in their organizations. If you meet the eligibility criteria and are looking to advance your career, this program may be the perfect fit for you. Connect with an MBA admission consultant at GOALisB for a profile evaluation or check the GOALisB services that are suitable for your application journey.