Why Business Students Must Enroll For Executive MBA
An EMBA or executive MBA is the graduate level degree program with the focus only on the business. The executive program is very much similar to a regular MBA degree. Both these programs generally have the rigorous business curriculum as well as result in the degrees of equal value in a marketplace. Admissions also can be competitive for both the programs, particularly at the selective business schools and where there are many people competing for the limited seats.
The main difference between the executive MBA and full-time MBA degree is the delivery and design. The executive MBA degree is mainly designed to educate the experienced working executives, entrepreneurs, managers, and business leaders who would like to hold a full-time job and can earn the degree. The full-time MBA has the demanding class schedule as well as is made for the people who have got work experience and are planning to devote their time to the studies in place of working for the full-time job when they are earning the degree.
Here, we are going to explore certain topics that are related to the executive MBA degree that will help you to learn how this program actually works, EMBA candidates as well as career opportunities for the program graduates.
Overview of Executive MBA
Even though the executive MBA programs will differ from one school to another, there are a few things that stay the same. To begin with, the executive MBA degrees are generally designed for the working professionals, and they are flexible as well as allow the students to attend their class in evenings & on the weekends. But, you must not underestimate time commitment needed to succeed in the executive MBA degree. You should commit to attending the class for about 6 to 12 hours every week. You must also expect to study outside the class for the additional 10 to 20+ hours every week. That can leave you not much time for the family, and socializing with your friends and other pursuits.
Most of the programs also can be completed in 2 years and less. As executive MBA programs place a high deal of the emphasis on teamwork, and you can expect to work very closely with the similar students for this duration of your program. Most of the schools look to fill the class with a diverse group of students so that you get an opportunity of working with varied people from different industries and backgrounds. This diversity enables you to look at the business from different angles as well as learn from people in the class and the professors.
Candidates of Executive MBA
The executive MBA candidates are generally in a mid-stage of the career. They are earning their executive MBA for increasing the career options or just to update the knowledge and improve the skills that they have acquired. The executive MBA students generally have 10 and more years of the work experience, although this will differ from one school to another. Students beginning the careers generally tend to be much better suited to the traditional MBA programs and specialized master's programs, which cater to the students of different ages & experience levels.
Costs of Executive MBA Program
Cost of the executive MBA program will differ depending on the school you choose. In a lot of cases, tuition for the executive MBA degree is a bit higher than tuition of the traditional MBA program. Suppose you want help paying for the tuition, you can earn the scholarships or other kinds of financial aid. Also, you can get help with your tuition from the employer. Lots of executive MBA candidates have their tuition to be covered by the current employers.
Selecting the Executive MBA Program
Selecting the executive MBA degree program is one important decision of life and must not at all be taken very lightly. You have to find a program that will be accredited and provides good academic opportunities. There’re a few schools that provide online opportunities. These might prove to be a good option in case they are rightly accredited and also meet your career goals and academic needs.
Executive MBA Grads and Career Opportunities
After earning the executive MBA degree, you can continue working in your current job position. You might accept a few more responsibilities or you can pursue promotion opportunities. You also can explore the new and advanced MBA careers in the industry and in organizations looking for executives with MBA education.
Are You an EMBA Candidate?
The executive MBA degree differs from one school to another. But, there are a few characteristics that every executive MBA shares. It includes:
- Serious Students: The students who are attending executive MBA programs are quite serious about the studies and career.
- Flexible Schedules: The executive MBA programs are made for professionals who are working for full-time. The class structure differs from one program to another but keeps working student in their mind.
- Teamwork Emphasis: The curriculum & education delivery will differ from one school to another. But, most of the degrees put emphasis on the teamwork. EMBA candidates work very closely with the classmates throughout whole program.
- Commitment: Both the students and schools make the commitment to this program. The students are generally expected to commit over 15 - 20 hours every week for the classes & assignments. The schools commit to such -program by making use of senior faculty as the instructors and providing special services to the EMBA students.
Difference Between Executive MBA and MBA Degree Program
Lots of people get confused by the difference between the executive MBA and traditional MBA degree program. Confusion is clear - an executive MBA is one kind of MBA. The student who is attending an executive MBA can get MBA education. The major difference lies in its delivery. The EMBA programs generally offer various schedules than the traditional and full-time MBA degree programs. For instance, EMBA students might take full-day classes once a week.
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