#executivemba #iim #isb #reality

A lot of my friends and juniors, are often tempted by the marketing emails from top IIMs/ISBs of the word, that offer “Long Duration Programs” — holistic learning — with the main attraction being “Alumni Status”

I often tell them that if the company sponsors these LDPs — nothing like it

But spending upwards of Rs 5 lacs on these would be quite a NPV/IRR decision to make

The clarification is also that long duration programs, without CAT/GMAT entry barrier, may or may not be perceived to be worthwhile in a country like India where we are always jostling for space

They will offer an “Executive Alumni” status — how much you can leverage it will depend on your networking skills

But consider that as an Executive Alumni , you will be vying for attention from the world, alongside alumni of the 2 year and 1 year program

Consider IIM Calcutta — some data points I pulled out

- 13,000 Nos of alums from the 2 year MBA program

- 968 Nos of alums from the 1 year MBA program

- 30,000+ alums from Long Duration Programs (LDPs)

( w-e-f 1st April 2017, participants of the open MDP programs who attend 20 days of learning through one or more MDP programs can get the “Executive Alumni” status)

So the space has fair bit of crowding already — and differences on the perception map (Open MDPs vis-a-vis CAT/GMAt) are for you to fathom

Preparing a through financial model or Maslow Hierarchy matrix is important

#executivemba #iim #isb