IIM Bangalore EPGP (MBA)
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The full-time Executive Post Graduate Programme (EPGP) is an intensive one-year residential programme created specifically for professionals with remarkable track records and 5 to 12 years of work experience in a wide range of industries. The EPGP provides students with the same solid foundation in key management concepts and disciplines as a two-year MBA, with similar rigor, range of electives, and grading criteria. A key advantage of the EPGP is that the course work builds on the diverse and extensive work experience of the students.
In today’s volatile and competitive economic environment, companies face an increasing need for skilled mid-level and senior executives who have the vision and potential to attain top leadership positions. While deep functional and operational expertise is a prerequisite for such executives, their success is also contingent on their ability to perceive and analyse a situation from multiple perspectives and take timely and effective action.
IIMB designed the EPGP specifically to prepare such forward-thinking and creative managers – the business leaders of tomorrow who will create value for their organizations as well as for society.
Final Placement for the EPGP class of IIM Bangalore usually sees the students bagging a mean annual salary of Rs 23.6 lakh and a median annual salary of Rs 22.5 lakh.
The class comprised 86% male and 14% female students from diverse backgrounds with an average pre-EPGP work experience of 6.5 years.
A highlight of the placement season for class 2016-17 was the changed class profile and the recruiter community’s response. This batch had 2 out of every 3 students coming from a non-IT background, a higher than the usual representation of non-IT students in the EPGP cohort.
IIM B EPGP CLASS PROFILE
IIM B EPGP PLACEMENT STATISTICS
IIM B EPGP WINNING SAMPLE ESSAY
Statement Of Purpose – 1
Post MBA, I want to take up a middle management role in operations in Retail or Real estate industry. I strongly believe that EPGP will be a catalyst in helping me transform to a middle-management professional.
In the Army, I have extensive leadership and operations management experience. I have led large teams of 60-150 men in very challenging and tough environments. For e:g In XX, under Operation XX I led a XX men unit at a vulnerable place near Line-of-Control between India-Pakistan. Before I took that responsibility in that area, there was a recent terrorist-attack which took lives of xx soldiers. For that tenure, my sole objective was to ensure no casualties and that was possible only when troops were engaged, trained and motivated. I trained them by organizing regular patrolling, ambush and Quick-reaction-team drills. I engaged them by organizing games competition, mandir parades and movies. I motivated them by regularly organizing motivation session where I spoke to them. After tremendous hard work I achieved my objective and I was awarded a medal by the President for my service in that area.
In Army, I have also been instrumental in planning and supervising various movements of men and material including movement of 250 vehicles, 800 men, 3000 KGs of ammunition and 36 artillery guns (weighing 400 KGs each) over a distance of 1500 KMs. I have forecasted, sourced ration, clothing and personal equipment for 500 people, and spares, tools, fuel and lubricants for 120 vehicles. I have constantly revisited and revised my units Standard Operation Procedures for various processes. These stints enabled me to gain deep insights into operations management and honed my skills in it.
Leveraging my leadership and operations experience in the army, I wanted to take up greater challenges in the area of operations and man management. The HR operations role at Randstad was something new and different and I loved the diversity of the Job.
The last 21 months at XX have been very exciting and transformational. I had a unique opportunity to leverage the rigor, process orientation and disciplined approach of the Indian Army and apply it in a corporate setting. Under my leadership we conducted over 10,000+ CV reviews, and 2500+ interviews. I have also revamped hiring and on-boarding processes that improved the process quality, productivity of HR team and business results of my organization. I also improved many other HR processes helping reduce TAT. In one year, the new hiring process saved over 800 man hours helping HR team in providing substantial recruitment support to Business. These experiences have enabled me to gain a strong grounding in the corporate environment and also enabled me to inculcate the best of the Army as well as the corporate environment in me. I do believe I bring unique insights of strategy, leadership and innovation to IIM-B.
I believe that my strength lies in Operations and I want to leverage my deep domain expertise garnered through my Army as well as corporate stint and evolve as a middle management professional in an operations role in Retail or Real-Estate industry. In the long run, I envision myself as a CXO responsible for operations in an Indian MNC.
Through courses such as Supply chain Management, Operations Management and Technology and Operations Strategy, I will build skills that are very important for success in an operations role. Building skill sets in the areas of corporate finance, Strategy, Macro economics is imperative to gain a 360° perspective of business and to transition into a senior management role. Along with comprehensive project that will give me opportunity to work on a live issue, IIM-B will also help me gain cross-industry and cross-functional perspective from the diverse backgrounds of my peers.
Statement Of Purpose – 2
Into its seventh year, my career has evolved from the production floor to store sales to planning an international fast fashion business. Each move up to my current role has been to get a deeper understanding of business principles and to be able to handle a business myself. Now the closer I progress to the next level, the more the demand for understanding business increases. I have reached here by learning and working hard, but the next position in line- that of a Business Manager requires me to gain business education.
Also, from here, I want my career to take a greater international focus. I wish to follow a road that gives me a chance to work across varied markets and cultures. To learn how a brand/product needs to adapt itself while entering a new market, while still keeping its core values intact.
To do this, I aim to work in a strategic planning profile for a consumer product or retail organization. The position should look at tuning business tactics for existing or upcoming territories. Such a position will expose me to multiple business environments and the impacts of global events on markets. My previous experience with retail, planning and product across borders pooled with formal management training should come handy while dealing with challenges such a job may present. Over a period of next five years, I plan to gain knowledge of products while working on suppliers’ strategy, as well as interact with diverse markets and consumers.
This combined experience, across the three major aspects of any business, over a longer period should help propel my career into a senior management role that will involve rolling out global/regional operations into new or emerging markets. I finally see that culminating into my taking independent charge of a complete territory or business.
Once I developed the need for studying business and deduced all the experiences I desire to gain from such a program, I didn’t have to choose IIM-Bangalore. It chose itself.
EPGP will help build on my existing experience in South-East Asia and India. I seek to use this familiarity to become better suited for most businesses that club India and the South-East Asian regions as a single business unit.
Academically, electives such as International Business, Corporate Strategy and Business Forecasting will help me gain knowledge that I feel missing in my arsenal.
The program will give me an opportunity to utilize the international immersion and interpret my studies and past practices from a global perspective. It will aid me refine the attitude of observing across borders- something very essential for my targeted career.
By working with high-caliber individuals with know-how of varied cultures, geographies and walks of life, I will labor to gain more flexibility and cross-functional understanding. This will assist me to calculate the numerous factors while planning a wide-reaching business.
I will take complete advantage of the location of Bangalore as it houses the corporate headquarters of major retailers in India. There is nothing like being able to attend classes in the day and approach industry in the evening. Furthermore, the timing couldn’t have been better, with FDI open to international retailers, India will soon need leaders in the field in coming years and I plan to make the most of it.
My career choice requires a comprehensive understanding of management and EPGP’s emphasis on general management is a perfect tie-up.
Integrating the global stance, first-rate peer culture, aptness of the location for my targeted turf and unrivaled education value of IIM-Bangalore, I am sure I can make a meaningful transition into a corporate strategic profession.
IIM B EPGP APPLICATION ESSAY TIPS
IIMB EPGP : Statement of Purpose
A society’s culture strongly influences how an individual approaches education and also determines how that society educates its citizens. This applies to the Indian middle class too, where education is considered most potent weapon to improve one’s living status. I too was brought up with the aim that I must study hard if I hope to earn a good livelihood once I grew up. The need of good education was reinforced when my family encountered a financial emergency, leading to a financial crunch and impacting our education. I had to take up a job immediately after finishing graduation, and give up my dream of earning a post-graduate. After more than a decade in the corporate world, I feel it is now the time to give wings to those dreams again and make them true.
After having spent 11 years in the IT industry in various technical roles, I feel I am pigeon-holed in an overly technical role with limited exposure to the business side of things, and that is restricting my growth. Since I have worked in the IT industry all along, my exposure to other sectors is rather limited, and which I am keen to improve. Thus, before I get into a management role, it would be essential to go through a structured approach for learning right management skills and get a condensed yet wholesome look at different functions within the industry. This provides me the motivation to do an MBA at rather late stage in my career.
A management degree will not only augment my decade-long experience, but it will also provide me with tools to re-enter the industry with new perspectives which I may have been lacking earlier. It would enable me to gain cross-industry and cross-functional perspective from the diverse backgrounds of my peers.
Why IIMB EPGP?
IIMB has been a pioneer in in imparting world-class management education, creating global managers who are adept at handling the globally changing business scenarios. As for EPGP, elective courses such as product management and decision sciences are in line with my goals. Alumni connect programs like ‘Shikshu’ will give me opportunity of experiencing a day in a CEO’s office. The career development services and a rolling placement system are perfect for experienced individuals like me.
Post MBA, I see myself working in either senior functional consultant role, a step up from my current role of techno-business analyst, or in business development role to help my employer acquire or retain large customers in best possible manner. In long term, I would like to head a business development division of an IT consulting firm focusing on ABC solutions in XYZ domain. I have been working on this domain for past 6 years, and would like to make use of this experience in bolstering my career.
What will I bring with me?
As a versatile IT professional, I have won several accolades for my performances in diverse roles and my leadership skills. What makes my profile different is unlike most IT professionals serving PPP customers, I have been working for ZZZ customers, and this has helped immensely in shaping up my competencies such as cross cultural communication and ownership of work. With significant international experience to my credit, adaptability in approach to work is another of my strength.
Other than these competencies, I will bring with me a keen enthusiasm to learn new things from other participants who may belong to different industries, different functions and different age groups.
I thank you for the opportunity provided to me and look forward to being a deserving ambassador for EPGP.