An Executive Post Graduation Program in Management (EPGP) is apparently constituted for working professionals who have a few years of work experience. 

That being said, these programs are usually shorter than the 2 year MBA programs and it usually has minimum years of work experience eligibility criteria. Many a time, corporate firms ask their emerging managers to take these courses so that they can be considered for senior roles. 

IIM Indore’s Executive Post Graduation Program in Management (EPGP) is a one-year residential program for professionals with experience.

Here are the eligibility criteria for applying. 

• You should have secured 50% in your Bachelor’s degree or its equivalent disciplines. 
• You should be able to show a valid GMAT score. 
• You should have a minimum of 5 years of managerial or entrepreneurial or any relevant professional experience, as per your domain, following graduation.

Hope this clears your confusion. 

IPMX is the flagship program of the IIM Lucknow Noida campus. It is a one-year residential program designed for mid/senior-level professionals and aims to help them prepare them for leadership roles.

Admission:

• The prerequisite for this program is a bachelor’s degree in any discipline with a minimum of 50% aggregate marks and at least 5 years of full-time managerial experience.
• Candidates are shortlisted for admission based on their GMAT score. The final selection of the program is done through a written ability test and personal interview conducted by the institute.
• The course fee of IPMAX for the academic year 2020-21 is INR 23,50,000.

Infrastructure:

The Noida campus has excellent faculty and good infrastructure. With a diverse pool of students, the IIML IPMX program provides an excellent peer-learning process. The IPMAX program currently has an alumni base of over 500.

Placement:

In 2019, IPMAX students witnessed almost 100% placement. The average CTC was around 20 LPA and the median CTC was 18 LPA.

According to the reviews of several IIM Shillong PGPEx students, the program is not a good-rated course, considering the facilities and opportunities provided by the institute. Several students have regretted their decision of choosing the PGPEx program, and the points below state a list of reasons supporting the cause.

• It does not provide an IIM-grade placement for the PGPEx programme. No placement assistance is being provided by the institute for the aid of students. There were several instances in which students had to manage to get internships by themselves and even jobs through off-campus opportunities.
• The institute does not allow the use of the PGP database to invite companies to the campus for placement.
• The overall fee for the course is currently more than 18 Lakhs for just 14 months, which is a hefty amount. Having a loan for the same creates a tension of a heavy EMI in the minds of students.
• The location of the institute stands out to be a disadvantage because several companies don’t prefer to go so far as to recruit IIM graduates.
• There are quite a good number of students from the program who fail to obtain a good enough internship, and so placement stands in danger. These students usually have a huge EMI against their educational loan, and they are left with no positive option.

The table below shows the placement statistics of the previous years:

To summarize, choosing the right institute and the correct program from it is a major decision, and students need to be extremely realistic in it. Not able to pay the loan can have serious consequences as the government has strict rules for defaulters. The best possible chance should be opted for, or else it would create a huge impact on the career.