About Executive MBA Degrees
An MBA or Masters in Business Administration is a graduate level degree focusing on managerial skills, specifically as they relate to business. The Executive MBA allows working professionals interested in earning an MBA the flexibility to continue working full time while completing an Executive MBA program.
Students earning an Executive MBA degree are typically required to complete the program in two years or less. Members of each class generally begin and complete the program simultaneously. Students are able to learn new valuable skills, while continuing to gain further insight through their day-to-day professional responsibilities.
Online Executive MBA
Executive MBA online, also known as online eMBA, is a more convenient way for executives, managers, directors, vice presidents, and other seasoned professionals with rigorous work schedules to earn the degree. The best online Executive MBA programs combine courses with relevant specialized topics in areas such as corporate strategy, team leadership, foreign business practices, ethics, risk return, and more. The complimentary schedule of the online Executive MBA allows students to apply coursework immediately. A unique benefit of this program is the level of experience and insights that each student brings. Professionals that have an Executive MBA are highly sought after by organizations. Advantages of earning an Executive MBA include career advancement, job alternatives, and a higher salary. Individuals with EMBA’s have some of the highest average salaries among various types of businesses. For professionals that have been stagnant in their career, the Executive MBA is an option that can help propel a career forward.
Choosing the best Executive MBA program
There are a multitude of Executive MBA programs. Utilizing Executive MBA rankings to find top Executive MBA programs can aid prospective students in making a well informed decision. Each prospective student has unique needs and specific criteria in mind when selecting an Executive MBA program. Regardless of the program there are important features for top Executive MBA programs. The following are significant features to consider when searching for the best Executive MBA program:
Career coaching services – Whether a student desires to transfer into a new department, or enhance productivity in their current position, access to career counselors is a benefit.
Job placement services – After earning an Executive MBA or even part of the way through the program, some students may decide they would like to leave their current company to pursue other opportunities. Job placement services can aid graduates in this transition.
Challenging curriculum and reputable staff – The Executive MBA caters to experienced professionals who maintain a rigorous work schedule, however students are not willing to sacrifice the quality of their education. Finding a program that upholds certain standards with an experienced and credible staff is key differentiating factor.
Timing and flexibility – Some Executive MBA programs allow students to earn their degrees in as little at 18 months, and up to seven years. It is important to select a program that fits the applicable work and personal schedule.
Ideal Applicants for an Executive MBA
Professionals working full time in the business field and eager to expand their knowledge are ideal candidates for an Executive MBA. Unlike some other graduate programs, the Executive MBA caters to professionals that are unable to take time off from work or would prefer to continue working full time while pursuing this degree. In a globally competitive world it is vital for professionals to have a competitive edge. Professionals and organizations find value in top Executive MBA programs, and some organizations are willing to sponsor employees partially or fully. The Executive MBA degree can also be beneficial for an entrepreneur who wants to propel their career forward and gain a competitive advantage.
Students enrolling in Executive MBA programs typically have over a decade of professional or managerial experience. Applicants are assessed on a variety of criteria that can include grade point averages, test scores, background, and drive to be successful. The program does not cover basic business foundations due to the required experience level of applicants. Prospective students are required to have an undergraduate degree however it does not have to be in business. Applicants are expected to have algebraic-level mathematical skills, and should take a course if they lack those skills. Students should expect a time commitment of 15-20 hours per week for both class work and homework or projects.
Individuals with Executive MBA degrees are in high demand and can provide enhanced value to the businesses they are a part of. Graduates and employers who sponsor employees for Executive MBA degrees are sent surveys. Each survey varies, however surveys typically ask how effectively the respective EMBA improved specific skills, like leadership and strategic thinking. Researching survey results and other statistics can provide relevant information when choosing the Executive MBA program that will be the best match. Selecting the appropriate Executive MBA program can be difficult, and using all available resources and Executive MBA ranking, can assist prospective students with that decision.