[sbraj]

Originally Posted by quadra

I did vist the IIM-B website but it did not specifically talk about excutive MBA and its course fees + duration.

IIM-B do have 1 year full time executive program (EPGP) with fees in region of 17 Lakhs.

IIM-Kozhikode has interactive DL programmes. See here.

The classes are regularly held through two-way video and two- way audio communication. The programmes have two components; one in which the participant has to take lessons by logging in one of the 300 nationwide network of classrooms. The other component is conducted at IIMK campus at Kozhikode.

[humans]

Does anybody here have experience or information about the content/material used in IIM's satellites programs conducted by Hughes and NIIT? How relevant is the material, or they are just conducting these programs for minting money.

How it is different from their regular executive MBA courses?

Originally Posted by quadra

Thanks for the reply sam. EBS is an expensive affair (around 6lakh +) so certainly out of question. Would have been nice if someone could sponsor my frnd for that insane amount of money.

Not sure which program you saw but the fees for distance learning one is Course fee: GBP 550; Delivery charge: GBP 25 and each paper fees is GBP 100
So Total is 550 + 25 + 9x100 = About GBP 1500 which turns out to be approx Rs 103250 at current rate.

[Samurai]

Originally Posted by humans

Course fee: GBP 550; Delivery charge: GBP 25 and each paper fees is GBP 100
So Total is 550 + 25 + 9x100 = About GBP 1500 which turns out to be approx Rs 103250 at current rate.

It is (550+25+100)GBP X 9 = 4.1 lakhs.

[JVH]

Originally Posted by quadra

Oh so at the end of the course, its just a certificate, no degree

Its very important for your friend to be very clear on what he wants to achieve with distance learning. Is it just a degree or quality education. I'm not pointing out to any particular institute but in India, you can very well imagine the number of Universities and Colleges offering variety of degrees. So, what's the differentiator and which University/College offers the best needs to be decided.

Even though IIMs offer only a certificate and not a degree, it has much better recognition. One also needs to consider the quality of faculty available at the institutes. In IIMs the Professors also do field research and organizational studies. So, what they share with you is emphirical field data which is much better than just the normal textbook jargon.

Originally Posted by humans

Does anybody here have experience or information about the content/material used in IIM's satellites programs conducted by Hughes and NIIT? How relevant is the material, or they are just conducting these programs for minting money.

I'm pursuing EPGBM (Executive Program in Global Business Management) from IIM-C. I considered EGBM from IIM-B as well but the issue is that one has to be available at the campus atleast 5 days per quarter which was not feasible for me. IIM-C calls us only twice 5 days each within 14 months duration which was OK for me. Obviously, the content/material is condensed compared to the regular 2 year programme but the focus is more on managerial perspectives on all the topics. For ex. In Finance, we are not taught to prepare a balance sheet or enter transactions in the ledger. We are told to analyse them and identify the key take aways for decision making as a manager/leader. Ofcourse, the background will be covered but the focus is more on decision making. I'm into the 4th month of the programme and the faculty have done a good job so far. The classes are held twice a week, 3 hours each. They are live and interactive. One can interact with others and the faculty through Video conferencing or public chat.

I do not care whether they are minting money or not. When I was looking at executive education, I was very clear on my requirements and I had set reasonable expectations. So far I'm satisfied with the decision. On the contrary, many of my ex-colleagues are disappointed because they had set different expectations. So, it all boils down to whats best for you and your expectations.

Originally Posted by humans

How it is different from their regular executive MBA courses?

Are you talking about 1 year residential executive MBA programs offered by the likes of ISB and IIM-A?

[StarVegabond]

Originally Posted by quadra

Thanks SVG. I really liked your ANHC travelogs. I did vist the IIM-B website but it did not specifically talk about excutive MBA and its course fees + duration.

If you want i can put you in touch with couple of persons who have done this degree course or currently doing. PM me

[sbraj]

Originally Posted by Samurai

It is (550+25+100)GBP X 9 = 4.1 lakhs.

Thanks for clarifying. Yesterday I went through their website and it left me totally confused on the fees.

[humans]

Originally Posted by JVH

Are you talking about 1 year residential executive MBA programs offered by the likes of ISB and IIM-A?

Yes, I was looking for perspective of people doing this is how these satellite programs are different from 1yr on campus executive programs.

[JVH]

Originally Posted by humans

Yes, I was looking for perspective of people doing this is how these satellite programs are different from 1yr on campus executive programs.

It's a whole lot different. Right from the curriculum to the intensity of the studies. It's expensive as well. A childhood friend passed out from ISB in 2006. IIRC, he paid 14 lacs. Now its is 22 lacs. IIM-A fees are similar. XLRI also offers this programme for about 12 lacs. I know this as a part of my due diligence before I freezed on a particular programme.

If you have time and funds to pursue these programmes, nothing like it. They sure are career changers. The friend who did this from ISB was a Software developer. Now he is into Investment banking LOL and earning insane amount of money! His lifestyle is screwed but thats a different topic altogether.

To answer your question, the satellite programmes are nowhere close to the 1 year residential programmes. In residential programmes, the focus is to cover and debate on A-Z of management topics. Lot of assignments, projects, and research goes into it. Thats the reason its residential so that one can fully concentrate on the programme. The satellite based programmes do not inolve this amount of detail since the time involved is less (6 hours per week compared to say 45-50 hours) and the focus is more on touching upon the concepts of management with some amount of detail. As I said earlier, some people love to get formal management training through branded institutes. For them, the application of the right management concepts to their daily work life is top priority. Not to mention, this helps as a differentiator among peers as well. The problem arises when one starts expecting placements and recognition similar to residential programmes. Its 2-3 lacs v/s 20 lacs . The difference should be evident here.

[Samurai]

Originally Posted by sbraj

Thanks for clarifying. Yesterday I went through their website and it left me totally confused on the fees.

You'll have to appreciate that the fees are significantly lower for Indian residents. While Indians pay 550GBP per course, the UK citizen pays 800GBP and Americans pay $1395 per course. It is heavily discounted for India.

See this: Correspondence MBA course Fees Edinburgh Business School

[WDM007]

Most of the companies do not give much value to the part time courses or distance learning courses.
If you are in software field, atleast what I can suggest is go for PMP certification instead of MBA.

These days there is more value to PMP rather than MBA.

[Samurai]

You can't compare PMP with MBA. PMP is only project management. MBA is economics, finance, accounting, marketing, organization behavior, management, business communication and strategic planning. MBA is mainly a business degree.

[WDM007]

^^^ Yeah agreed. Thats why I said this is only for IT field.

[humans]

Ok, finally decided to join Edinburgh Business School Heriot-Watt university distance learning MBA. The primary reason for this is the course content, which is same as of their regular MBA course. I understand the efforts required would be much more with this program, but hey this is what MBA is for, learning quality management knowledge rather than just getting the certificate. Because knowledge you can apply but certificate will just hung on the wall (Just my thoughts no offense to anyone please).

[sbraj]

Originally Posted by WDM007

^^^ Yeah agreed. Thats why I said this is only for IT field.

Well, even in IT field there are many who pursue MBA to enhance career prospects or course change. Like transitioning into product marketing, pre-sales, operations management etc etc. PMP may not suit for those needs.

[JVH]

@humans, Congrats!

Whats the pedagogy? Asynchronous online?