Businesses around the globe are transforming rapidly. Be it changes in work practices, technological changes, or even global disruptions like the pandemic. Businesses have a persistent need to modify themselves to stay relevant. To navigate through these changes, businesses need experienced managers, who can adapt to ever-changing situations instantly. Acknowledging the necessity for such vibrant managers and entrepreneurs, the Indian Institute of Management Ahmedabad (IIMA) has started this One Year Postgraduate Program for Executives (PGPX). Several batches of IIM AHMEDABAD ONE YEAR MBA have finished the program to date, and are making substantial contributions as managers, CXOs, thought leaders, and entrepreneurs.
Candidates for IIM AHMEDABAD ONE YEAR MBA undergo a rigid selection process involving GMAT and a personal interview. Interviews are executed across India and select international locations. We sometimes encourage students to appear for interviews through online mode as well. While the average GMAT score is on the upside of 700, the average work experience is over 8 years. Candidates arrive from various industries in their prior work experience, including defence, oil and natural gas, energy, IT and IT services, automobiles, electronics, education, aviation, agriculture, healthcare, finance, government agencies, food processing, etc. This diversity is much needed to enhance individual understanding. The much-needed modern skill of being interdisciplinary in their thought process becomes feasible with such a diverse batch.
IIM AHMEDABAD ONE YEAR MBA is renowned globally for its thoroughness in academics, and PGPX, which is a vital part of the institute, is no exception. The predominant pedagogical tool at IIM AHMEDABAD ONE YEAR MBA, namely the case method, also provides students avenues to apply their abstract learnings to real-life problems. After all, the motto of IIMA – Vidya Viniyogad Vikasah (development through the application of knowledge) – comes alive in the classroom. The corporates have welcomed the earlier batches into their organizations in middle to senior management roles. Several students, too, have started their enterprises very successfully.
CLASS PROFILE
Average Number of Students in a class: 140
The average age of the students: 31 years
Number of Female students: 24%
Average GMAT Score: 701
Average GRE Score: 323
Average years of work experience needed: 4 years
PROGRAMME STRUCTURE
It follows a six-segment course structure, with each segment seamlessly joined to the next. The segments are
(i) Induction
(ii) Building Blocks
(iii) Preparing for Top Management
(iv) International Immersion
(v) Electives
(vi) Capstone
Induction: Spread over two and a half days, it allows the students to get friendly with the infrastructure, and co-curricular and extracurricular activities while adapting to the program content and the IIM AHMEDABAD ONE YEAR MBA method of learning.
Building Blocks: It gives the students a grounding in the fundamentals of management, crystallizes and enhances their basic conceptual and analytical knowledge for managerial effectiveness.
Preparing for Top Management: It improves the students’ skills, facilitating them to better understand the dynamics of complex management problems.
International Immersion: It equips students with knowledge of macro-level dynamics and unfamiliar economic environments in a foreign country.
Electives: The students are delivered a broad spectrum of elective courses including marketing, finance, supply chain management, strategic management, and several sectoral areas. While electives depend on student interest and faculty supply, this allows students the freedom of electives in areas of passion and proficiency, bringing about every student’s experience customized to his or her chosen growth path. It is also a chance to analyze new areas of learning and an opportunity to evaluate and leverage past experience
As part of the ‘electives’ segment, students can opt for an Individual Research Project (IRP). The project is implemented by PGPX participants with a faculty advisor. The outcome is a high-quality written output, which could be any of
• A case with analysis
• An Industry Note
• A paper on “Bridging the Divide” (focusing on a socio-economic divide affecting the world)
• A business plan for an entrepreneur
Capstone: It provides a chance to integrate learning from the entire program, and evaluate one’s own experience as an executive.
CORE COURSES
The core module of IIM AHMEDABAD ONE YEAR MBA program consists of the following courses:
Assessing and Creating Customer Value
Analysis of Data
Designing Operations to Meet Demand
P&QM
Modelling for Decisions
Financial Reporting and Analysis
Firms and Markets
Organization Behaviour
Corporate Finance
Financial Markets
Strategic Cost Management
Marketing
Delivering and Managing Customer Value
Management Communication
Open-Economy Macroeconomics
Setting and Delivering Service Levels
Strategic Human Resource Management
Strategic Management
ELECTIVES
The IIM AHMEDABAD ONE YEAR MBA program offers the following electives
- International Economic and Political Economy (IEPE)
- Effective Management of Finance Strategy & Function (EMFSF)
- Elephants and Cheetahs: Systems, Strategy and Bottlenecks (E&C)
- Ethics in Business Management (EBM)
- Private Equity Finance (PEF)
- Infrastructure Development & Public-Private Partnerships (IDPPP)
- Logistics Management (LM)
- Management of New and Small Firms (MNSF)
- Social Entrepreneurship: Innovating Social Change (SEISC)
- Strategic Business to Business Market Management (SBBM)
- Understanding and Assessing Risk (UAR)
- Financial Statement Analysis (FSA)
- Managing Energy Businesses (MEnB)
- Marketing Management in the World of Hi-Tech and Innovation (MMWHTI)
- Management of Commercial Contracts: Indian and International (MIIC)
- Supply Chain Management (SupCM)
- Connecting communities and corporations for frugal Innovations (CINE)
- Business Turnaround and Organizational Transformation (BTOT)
- Potential to Performance: The Journey of Self-awareness (POP)
- Data Visualization for Decision Making (DVDM)
- Strategic Risk Management (SRM)
- Strategic Marketing (SMKTG)
- Inspired Leadership through Personnel Mastery (ILPM)
- Infrastructure Project Finance (IPF)
- Business Relationships and Networks (BRN)
- Neuroscience and Consumer Behavior (NCB)
- Valuation of Firms (VOF)
- Negotiation Lab (NL)
- Pricing (PRC)
- Seminar on Marketing Data Analytic Practices (SMDA)
- Strategy Execution (STE)
- Leadership in Professional Service Firms (LPSF)
FEES
The programme fee for the 2021-22 batch for IIM AHMEDABAD ONE YEAR MBA is INR 28,00,000. The fee comprises tuition, books and course materials, accommodation, and other facilities such as a library, Wi-Fi and sports. The programme fee is subject to change every year. International immersion expenses ranging from INR 2,50,000 to 3,50,00 be borne by the students.
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