Executive MBA in Kolkata in 2024

Kolkata, the cultural capital of India, is known for its rich heritage, literary excellence, and excellent educational institutions. The city has emerged as a popular destination for students pursuing Executive MBA programs, thanks to its robust economy and dynamic corporate landscape.

The city’s economy is powered by several industries, including IT, manufacturing, healthcare, and hospitality, among others. Kolkata is home to some of the country’s biggest companies, such as TATA Steel, ITC Limited, and CESC Limited, making it an ideal destination for students who want to gain industry exposure and build their professional network.

Kolkata has several prestigious colleges and universities offering Executive MBA programs, including Indian Institute of Management, Calcutta, Institute of Engineering and Management, and International Management Institute, among others. These institutions have a global reputation for academic excellence, industry interface, and research-oriented curriculum.

Part Time Executive MBA Programs

Many institutions in the city offer part time Executive MBA programs, and some of them are as listed below:

• International School of Business
  • 24 Month Part Time course
  • Fee: INR 2, 50, 000/-
• Institute of international Trade
  • 24 Month Part Time Course
  • Fee: INR 1, 00, 000/-
• ICFAI University
  • 24 Months Part Time Course
  • Fee: INR 57, 000/-
• Accord School of Business
  • 24 Month Part Time Course
  • Fee: INR 60, 000/-

These institutions offering Part Time Executive MBA provide the working professionals the flexibility to continue their job, while still working. These courses are usually 2 years long and have various components that are completed over a gradual period. ICFAI University in Kolkata is perhaps the best of the lot with reputable recognition. ICFAI University requires that its students have a graduate degree with a minimum aggregate of 50% from any recognized university, and have a minimum work experience of 6 years, and 3 years of work experience for CAs/CWAs/CFAs/CS.

Full Time Executive MBA courses

Many traditional institutes in Kolkata offer high grade quality education in the field of Executive MBA and they are as listed below:

• Adamas University
  • 24 Month Full Time Course
  • Fee: INR 4, 80, 000/-
• IIAS School of Management
  • 12 Month Full Time Course
• Indian Institute of Foreign Trade
  • 36 Month Full Time Course
  • Fee: INR 8, 75, 000/- for full course
• Indian Institute of Management, Calcutta
  • 12 Month Full Time Course
  • Fee: INR 31, 00, 000/-
• University of Engineering and Management
  • 24 Month Full Time Course
  • Fee: INR 2, 60, 000/-
• Academy of Professional Excellence
  • 24 Month Full Time Course
  • Fee: INR 60, 000/-

Indian Institute of Foreign Trade, and IIM Calcutta are perhaps the best institutes in the city and one of the best in the country offering Full time Executive MBA courses. These courses require that the student be physical at the campus for the course, and often requires that the student takes a sabbatical from his work. Academy of Professional Excellence is also another well-known institute. IIM Calcutta requires that the applicant be a graduate from a recognized university with a work experience of 5 years and has a valid GMAT score. Similarly, at IIFT the applicant must have 3 years of work experience to be eligible.

Executive MBA in Distance Mode

The correspondence courses are omnipresent in most of the major cities in India offering the students another safe mode of studies without hampering any of their work. Many institutes in Kolkata offer Executive MBA in correspondence mode, and a few are as listed below:

• Academy of Business Management Studies
  • 24 Month Correspondence course with Dual Specialization
• Annamalai University
  • 24 Month Correspondence Course
• Indian School of Business Management and Administration
  • 24 Month Correspondence Course
  • Fee: INR 40, 900/-
• Institute of Technical and Professional Studies
  • 12 Month Correspondence Courses
  • Fee: INR 26, 700/-
• Institute of Management Technology
  • 12 Month Correspondence Course
  • Fee: INR 2, 00, 000/-
• Orion Edutech
  • 12 Month Correspondence Course
  • Fee: INR 20, 000/-

As is evident, the correspondence courses are more affordable and are more available. These courses usually do not have very stringent admission procedures, and require that the student be a graduate from any recognized university with at-least a minimum of 2 years of work experience in Managerial/Executive/Supervisory position

Executive MBA Rankings

IIM Calcutta is one of the best world class institutions in the city and is ranked among the top Business Schools in the world. The financial times has ranked IIM Calcutta at 13^th in its world rankings. Similarly Indian Institute of Foreign trade is well recognized and has been ranked 6^th in India by the Wall Street Journal in 2014. IIFT furthermore has been ranked 21^st in the QS (MBA –Asian) Rankings. Furthermore, ICFAI Business School is also well ranked, andis known among the top 10 Business Schools in India for its Correspondence programs, as well as part-time programs.

Executive MBA Eligibility

Most institutes offering the Executive MBA course require that the students meet the following minimum eligibility criteria:

• The student must be a graduate from any of the recognized university with a minimum aggregate of 50%
• The applicant must have a minimum work experience of 2 years in either managerial/supervisory/executive posts.

Many institutions require more work experience and also require other criteria to be fulfilled such as eligible Entrance examination scores (GMAT for IIM, Calcutta, CAT, XAT, etc.) and a higher work experience. The students are advised to consult individual college websites for more clarity.

Executive MBA Specializations Offered

Most of the common specializations are always available, and some of the more popular specializations such as these mentioned below are easily available in the city:

• Human Resource Management
• Finance Management
• Banking
• Information Technology
• Marketing Management
• Operations Management

Some other institutions such as Academy of Business Management offer dual specializations while some other institutions offer other specializations such as International Business (IIFT- Indian Institute of Foreign Trade). Many institutes offer Postgraduate diploma that is equivalent to the MBA degree in the specializations as required. While other specializations are not very popular, the correspondence institutes offer the unpopular ones from the university they are affiliated to.

Placements

IIM Calcutta has the best placements of all the colleges in the city and is one of those elite institutions of the country with very high remuneration packages. The highest salary offered at IIM Calcutta in 2014 was INR 22.50 Lakhs per annum, while the average package was INR 14.79 Lakhs per annum. IIFT similarly offers great placement offers with a highest package of INR 24 Lakhs per annum and an average package of INR 14.32 lakhs per annum. Many reputable companies recruit from Kolkata, and the students are more often that not, well settled.

Executive MBA Programs in Kolkata

IISWBM Kolkata

IISWBM, that is, the Indian Institute of Social Welfare and Business Management is known to be one of the pioneering Indian institutes that offered management programs. The B-school has been consistently attaining high ranks because of its intellectual capacity.

Program highlights

IISWBM offers an Executive post-graduate program in management. The program aims to improve the understanding of crucial components of the management process. The program is conducted in 2 semesters and the classes are held on weekends.

Fee structure

The total fees for the two-semester program are INR 1,65,000. Further, candidates are required to pay a refundable INR 5000 for a library caution deposit.

It should be noted that the fee structure can be subject to change.

Eligibility

The eligibility criteria for applying to IISWBM Kolkata for pursuing an executive PG program in management are given below:

• The applicant should be having a three years Bachelor’s degree in any field from any recognized University.
• The candidate should have work experience of at least a year.

Further, after fulfilling the eligibility criteria, the selection is based on the personal interview, academic record and work experience.

Specializations

The two-semester program offers specializations in the second semester. The specialization is offered in the following domains:

• Marketing management
• Human Resource Management
• Financial Management

IIM Calcutta

The Indian Institute of Management Calcutta was established in the year 1961. It is known to be the first National institute to offer research in management and a post-graduate management program. The Institute is globally reputed for imparting high-quality management education. IIM Calcutta is accredited by three major accreditation agencies all around the globe, that are – EQUIS, AMBA and AACSB.

Program highlights

The institute offers a one-year, full-time course, that is, MBA for executives program. The program has been conducted since 2006 and has been getting updates timely as required. It is an internationally reputed program. There are approximately 80 seats for this program.

Fee structure

The total fees for the batch 2023-2024 shall be INR 31,00,000. The fees can be paid in four instalments.

Eligibility

The eligibility criteria for the program are given below:

• The candidate should have a bachelor’s degree (10+2+3 years of formal education) or comparable in any field.
• The candidate should have at least 5 years of work experience after completing the post-qualification as of 31^st March 2023.
• Applicant should have attained a valid GMAT score within the past thirty-six months of the application date.

Specializations

The course offers knowledge about various sub-fields of management and there is no particular specialization.

IIFT Kolkata

The Indian Institute of Foreign Trade aspires to become an Academic Centre of Excellence in international business research, education and training. IIFT is deemed to be University. It has been accredited as an ‘A’ grade institute by NAAC.

Program highlights

The institute offers a three years MBA International Business program that is divided into 9 trimesters. At the beginning of each trimester, for the 1^st week, regular classes shall be conducted from 9AM to 6:30PM at IIFT Campus, New Delhi. Afterwards, the classes are conducted between 3PM to 7:15PM (Saturday) and 9AM to 6:15PM (Sunday).

Fee structure

• The total fees for the general and OBC categories are INR 8,75,000.
• The tuition fee for the NRIs/Foreign Nationals/children of NRIs is US$25,000.

It should be noted that the exact amount of the fee shall be informed at the time of sending the letter of confirmation.

Eligibility

The eligibility criteria for applying to this course are given below:

• The applicant should have a bachelor’s degree from a recognized institution or university.
• The applicant should have at least 3 years of work experience in a managerial cadre after completing graduation.
• The applicant should have company sponsorship or no objection certificate from the manager.

Specializations

The elective courses that are there in this course include:

• General Management and Strategy
• Quantitative techniques and operations management
• Information technology
• Finance
• Marketing
• International trade operations and logistics
• Human resources
• Economics of Strategy

Bengal Institute of Business Studies

Bengal Institute of Business Studies offers a wide range of programs in business that can help one kickstart their professional life. The Times of India ranked the Bengal Institute of Business Studies as 2^nd best in Kolkata for two consecutive years. CRISIL has also graded the school as A++ making it the only business school in West Bengal with this grade.

Program highlights

The MBA in Executive Management is conducted through weekend batches. The timings are also decided mindfully based on the working executives’ schedules. The program aims to enhance learners’ leadership skills and the successful completion of this course adds weightage to the candidates” professional life.

Fee structure

The total fee for the program is INR 2,40,000 which can be paid in 4 instalments with INR 60,000 in each instalment.

Eligibility

The eligibility criteria for applying to this course entail the completion of graduation along with work experience of at least a year after graduation.

Specializations

The program is conducted in 4 semesters with no particular specialization instead the focus is on various aspects of management throughout this course.

VGSOM IIT Kharagpur

Vinod Gupta School of Management began in 1993 and aspires to be recognized all around the globe for its management education. The core values of this institute include – trust and ethical conduct, innovativeness and sustainability.

Program highlights

The Executive MBA program is a three years course wherein 1-weekend every term is conducted at the IIT campus in Kharagpur. It can be described as a course with 2-years of coursework and 1-year project work. It is a full-time course wherein the individuals can study during weekends and apply it during weekdays. The weekend classes are for 15 hours.

Fee structure

The total tuition fee for the program is INR 6,00,000.

Eligibility

The eligibility criteria for applying to this program are given below:

• The applicant should have a first-class degree Bachelor’s degree in technology/engineering or a first-class Master’s degree in economics, science or commerce along with statistics or mathematics at the bachelor’s level.
• The applicant should have a minimum work experience of three years as of 31^st July 2022.

Apart from the above criteria, the details about the marks obtained in the qualifying degree are given below:

• EWS/General/NC-OBC candidates should attain at least sixty per cent or a CGPA of 6.5 on a 10-point scale.
• ST/SC/PwD candidates should attain at least fifty-five per cent or a CGPA of 6 on a 10-point scale.

The reserved category candidates shall be admitted as per the rules of the Indian Government.

Specializations

The program is conducted through 9 terms, 1 project that is for a total of 95 credits. The various management courses are taught aiming to upgrade the individuals’ knowledge about the subject.

Last Updated: 13-April-2023