The concept of One-year Full-time MBA Program is fast catching up in India. However, this concept is slightly new in India but more and more people are joining this program.
Colleges offering one year MBA program include, International School of Business (ISB), Hyderabad, XLRI, Jamshedpur, S P Jain, Mumbai, IIM-Ahmedabad and Great Lakes Institute of Management (GLIM), Chennai. At few places, one year programs are also called as Executive MBA because of its emphasis on working professionals. This program is basically for working professionals who want to upgrade their skills and go for higher studies.
One year Executive MBA programs are very beneficial for working professionals. Those who join these courses already possess significant industry experience and job skills which are very helpful in completing the MBA in one year. This saves time and extra effort as well. These courses are more than normal learning as learning environment is very intense and specific so knowledge enhancement is the obvious result.
Candidates can also customize their studies depending upon their interest and particular needs. Because of the fact that this program is only for one year, students are more competitive and that results in better results and more productivity. One of the biggest advantages of this program is networking factor as all the students come up with relevant work experience so potential of making intensive network is always on the cards.
The one year MBA program offered by IIM-A started in year 2006. This program is a residential one with 70 seats and one is required to have 7-10 years of work experience to get into the college. S P Jain, Mumbai is one of the topmost colleges of India and it also offers Executive MBAs with available specializations in IT and Information, Manufacturing and Operations. S P Jain requires experience of minimum five years.