In partnership with EdTech startup Jaro Education, IIM Mumbai has announced the official launch of a two-year Executive MBA programme. According to the institution, the curriculum is designed to be flexible regarding online and in-person engagement. The programme aims to equip professionals with managerial expertise and a technical foundation. Participants will participate in case studies, interactive seminars, and collaborative discussions during the programme.
Admission to the programme at IIM-M, formerly known as NITIE, will be based on candidates’ performance in the IMAT (IIM Mumbai Admission Test) based on the CAT test pattern. Students can complete the degree in two years or extend it for up to five years. The IMAT exam will be held on December 22, and the application procedure will close on December 20. The executive MBA programme is scheduled to begin on January 10, 2025.
The programme has been priced at Rs 15 lakh (inclusive of taxes) and is being offered with options for educational loan options facilitated by leading banks. The institution has also unveiled customisable payment plans, including yearly or module-based options to provide convenience for professionals. It is designed to include periodic on-campus sessions to foster peer learning, collaborative problem-solving and interactive discussions. Graduates also gain access to the IIM Mumbai alumni network, opening doors to an extensive community.
Speaking about the development, Dr Manoj Kumar Tiwari, Director of IIM Mumbai, said:
This Executive MBA programme represents a significant step forward in our mission to develop leaders who excel in business and contribute to society with integrity. We deliver academic excellence and strategic outreach to empower professionals to achieve their leadership aspirations.
The Executive MBA programme will include interaction between industry speakers and alumni, case study simulations and business games, eight modules, 31 courses (16+15 electives), capstone, and group projects and two campus immersion courses. It is targeted at executives, middle managers, and professionals. Candidates must have a bachelor’s degree with at least 50% marks or an equivalent CGPA. The requirement will be 45% for candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST), and Persons with Disability (PwD) categories. Candidates must also have three years of relevant work experience after graduation.
To apply for the programmes, the applicants must have taken at least one of the examinations, namely, CAT (Common Admission Test), GMAT (Graduate Management Admission Test), or GRE (Graduate Record Examinations), not earlier than 5 Years (for the academic year 2024-25, it is June 2019 onwards).
Jaro Education, founded in 2009 by Dr. Sanjay Salunkhe, has been profitable since its inception and is self-funded.In December 2023, the firm partnered with the business school IIM Tiruchirappalli to offer a postgraduate certificate curriculum in Healthcare Management to professionals, consultants, and entrepreneurs in the healthcare and associated sectors.
