Executive PG Program

Yes you may apply with your GMAT score. Candidates with GMAT score of 550 and above from 2005 onwards are exempted from appearing for IBSAT. For complete details you may visit out website www.ibsindia.org

3. What is the last date of application with the score of GMAT?

4. How does the IBS program compare with 1-year program of other institutes?

5. What are the key qualitative features of the program?

The program offers contemporary curriculum and courseware.

It is fully residential and offered in our new 90-acre state-of-the-art campus on the outskirts of Hyderabad. With its general management focus, wide range of electives and case-based learning, the students are exposed to local and global perspectives by a team of industry-experienced faculty from IBS as well as well-known international institutes.

6. Apart from saving one year, what are the other benefits of pursuing the Executive PG Program?

The most obvious benefit of Executive PG Program is learning from the peer group as the other candidates will also have a work experience of three years and above.

Special sessions are offered for leadership training to develop leadership skills. Candidates are also encouraged to work on real life situations in business organizations as consulting projects and get appropriate credits. Candidates will also have opportunity to interact and learn from industry leaders and international faculty drawn from some of the best B-schools. In addition to the above, we all know that time is money. If you save one year you can save an opportunity cost by way of one-year salary. Thus for candidates, with the necessary experience, the one year Executive PG Program will be too good an opportunity to miss.

7. Can you briefly tell me, how the 1-year Executive PG Program is different from the 2-year Regular PG Program?

As the name itself indicates the 1-year Executive PG Program is meant for candidates with work experience of 3 years and above in an executive position, whereas the 2-year PG Program is mainly meant for fresh students, generally without any work experience. Basically both the programs cover almost same subjects in the area of business management. However, the Executive PG Program is more intensive because of the greater levels of maturity of the candidates. Hence the same subjects are covered within one year, without any compromise in the program structure. The pedagogy used in the Executive PG Program is more oriented towards the case studies, faculty-student interactions, role-plays, industry interface and other interactive processes. The focus is more on practical applications rather than a pure theory. Keeping in mind the candidates background of work experience, we have designed the class-room interactions at a different level to draw from the experience of the candidates. In the Executive PG Program great emphasis is given to the peer-learning.

8. As the Executive PG Program is only for one year instead of the normal two years for the regular PG Program, is there any abridgement/curtailment of any courses?

First of all, it has to be understood that the 2-Year PG Program is actually of 18 months duration only and not 24 months. The 4 semesters of the 18 months program are now compressed into 8 terms (of 6 weeks each) in 12 months on a practically non-stop basis. Thus the Executive PG Program is obviously a more intensive program compared to the 2-year PG Program. About 4 months of summer internship is not there for Executive PG Program, as the candidates already have work experience of three years and above.

There is also another way to look at the whole thing. A typical MBA Program in a good American business school (as per the AACSB norms) requires a minimum of 45 credit hours divided into approximately 15 courses of 3 credit hours each. It translates into 720 hours of classroom instruction and interaction. In the Executive PG Program the candidates will have total contact hours of 1080 (for 24 courses). Thus the Executive PG Program is at least 50% more in content when compared to a standard MBA Program in a good American B-School.

On the top of all these things, all candidates who are admitted into the Executive PG program are required to go through a preparatory self-study module before they attend classes from 1st May on the campus.

Thus there will be no compromise, abridgement or curtailment of any of the courses in Executive PG Program compared to Regular PG Program.

9. How do I get an MBA degree?

On completion of the Executive PG Program, you will be awarded a course completion certificate by IBS Hyderabad. However, students of the Executive PG Program are encouraged to simultaneously pursue the MBA Program of the Icfai University, Dehradun, as private candidates. As the curriculum for the PG Program is in alignment with the requirements of the MBA curriculum of the Icfai University, Dehradun, students will find it relatively more convenient to simultaneously pursue the MBA Program also and complete the same, subject to University regulations. On successful completion of the on-line MBA Program, you will be awarded MBA degree by the Icfai University, Dehradun.

The eligibility criteria are

		Graduation (10 + 2 + 3 or 10 + 2 + 4) from any discipline. (Candidates who have completed their graduation on a one time sitting basis or on a 2 year basis are not eligible).
		Medium of instruction should be English at graduation level.
		A minimum of 50% in graduation (The percentage of marks would be calculated as per the procedure of respective university).
		3 years or more of work experience at executive level as on May 01, 2009.
		Minimum 25 years of age as on May 01, 2009.

The selection is based on multiple criteria like:

		IBSAT 2008/GMAT Score.
		General Essay
		Past academic record
		Work experience
		G K Test
		Performance in Micropresentation
		Performance in the interview

A composite score is computed based on these criteria, to evaluate the candidate.

The Selection Process comprises of the following stages:

		Registration
		G K Test
		Micropresentation
		Interview
		Selection Decision

13. Do I have to attend the selection process twice if I opt for both the programs?

If you are selected for both the programs will be issued separate selection letters for both the programs. You may decide at a later date which program you wish to join.

14. What are the documents to be submitted at the time of registration?

		Application Form duly completed in all respects.
		Work experience certificate from respective employers.

15. What’s the role of interview in the selection process?

16. How many seats for the Executive PG program are available at IBS Hyderabad Campus?

17. Are there any management seats available for admissions to Executive PG program?

18. If I am waitlisted on the day of selection, do I have a choice to opt out of the waitlist?

Yes. In case you are waitlisted, you can withdraw from the selection process by giving an application on the same day.

19. If I am a waitlisted candidate, when will you allot the confirmed seat to me?

The selection decision for the waitlisted candidates will be intimated to them progressively from the second week of May 2009.

20. Is hostel accommodation available for the students?

Yes. All students are provided accommodation at IBS Hyderabad campus and it is mandatory for students to stay at the campus accommodation.

21. Is accommodation available for married people?

No, the accommodation is not available for married people. The program is highly intensive and requires your full time attention and therefore, we strongly recommend that you stay alone.

22. If the Executive PG Program is so intensive, can I cope with it?

We believe that reasonably hard-working students with a strong focus can certainly cope with the rigor of the Executive PG Program. We believe that mature candidates with three years and above work experience can cope with the requirements, if they make the necessary commitment of their time and energy. If you have the will, there is always a way.

23. Explain the fee Schedule for the Executive PG Program?

The Fee for the Executive PG program (2009-10) is Rs. 8,50,000/-. The Hostel and Food charges are separate which comes to approximately Rs. 60,000/-.

24. Is there a reduction in fee for sponsored candidates?

No, the fee is same for all students. Sponsored candidates are also required to go through the same selection process as others.

25. Please let me know the variou

		Bank Loans: Educational loans up to Rs. 15 lakhs are provided by banks.
		Merit Scholarship: Merit scholarships are offered to the top 10% of the students based on their academic performance. The amount of scholarship may go upto Rs 4,25,000.

26. How to avail a bank loan facility? Which banks provide Educational loan facility to study at IBS Centers?

The students are required to approach the Banks in their own city/town for educational loan facility. The maximum loan amount provided by the bank is Rs.10 lakhs and the loan amount will be disbursed by the bank as per the fee schedule.

		State Bank of India
		Andhra Bank
		Oriental Bank of Commerce
		State Bank of Hyderabad
		Punjab National Bank
		Canara Bank
		Corporation Bank
		Syndicate Bank
		Union Bank of India

27. What are the placement opportunities after completion of Executive PG Program?

Leading companies in India have been regular recruiters at IBS Hyderabad. Students of the Executive PG Program can look forward to a host of opportunities in various sectors at suitable levels.

28. What compensation can I expect after completing the program?

The compensation paid to a student depends on many factors such as nature of work experience, length of experience, educational background, skills, achievements, attitudes etc and of course the position being offered. The compensation varies from industry to industry and is based on the suitability of an individual to that industry. For instance currently the banking and financial service industries as well as KPOs are normally paying much higher compensation than the consumer product industry.

What a prospective student should see is not the compensation per se but the qualitative jump in position and career prospects thereafter.

The average compensation for the batch of 2008 was Rs. 8.6 Lakhs, with the maximum being 12.6 Lakhs per annum.