There are several ways to boost your professional carrier in management when it comes to advanced degrees in management you have two great options MBA and Executive MBA. A student who attends an executive MBA degree program will get an MBA education. The real difference lies in the delivery. Executive MBA programs usually offer different schedules than traditional full-time MBA programs. For example, EMBA students may take all day classes once each week. Or they may meet for classes on a bi-weekly basis. The class schedules in a traditional MBA program are less flexible.
Other differences may include the services offered to students in an executive MBA degree program. EMBA students are sometimes provided with special services that are not available to the school’s MBA students. Services may include registration assistance, meal delivery, textbooks, and other helpful staples. Students in an executive MBA degree program can also expect to complete the program with the same set of students (also known as cohorts.) MBA students, on the other hand, may have different classmates from year to year.MBA Programme and Executive MBA program have a similar curriculum but the class format and application requirement vary. Generally, an executive MBA program requires 5 years of working experience. EMBA program is designed to meet the needs of upper-level managers and working professionals.
The Executive MBA program is ideal for those who have skipped doing an early MBA but have good undergraduate qualifications and substantive prior work experience and work skills that currently have high market value. They will typically find a better job after the program in their area of expertise and do well later. Most Indian professionals with 4-5 years work experience are too old for the conventional CAT based MBA in India. So they prefer a GMAT based option.Some leading 1 year GMAT MBA programs in India are ISB, IIMA PGPX, IIMB EPGP, IIMC PGPEX, XLRI GMP.
There are two main types of part-time MBA programs. The executive MBA (EMBA) is designed for students with years of work experience in executive or leadership roles – typically, these students are between 32 and 42-years-old. EMBA programs focus on networking, and there is generally little interaction between EMBA and other MBA students. These programs are often smaller than full-time programs and carry a heftier sticker price, as employers are expected to foot some or all of the student’s tuition bill.
The other option is the part-time MBA, which is geared towards employees who work full-time and don’t yet hold leadership positions. These students tend to be 24 to 35-years-old and take classes after work, either in the evenings or on weekends. Part-timers usually share the same faculty and can take many of the same courses as their full-time counterparts. However, few scholarships are given to part-time students, so they must rely on personal savings, loans, and or employer sponsorship to pay for tuition.
PROS. OF Executive MBA
The various pros. Of executive MBA program is as follows :
The students who pursue EMBA programs are working professionals who already involved in real-life business activities. They keep in mind which area of functionality they have to go for their better future. They don’t need to think about the base of the goal they focus on how to reach that.
Employees with an EMBA education will often exhibit innovation, tenacity, and forward-thinking. This is particularly inspiring for colleagues around them. As a result, EMBA graduates make for stronger team leaders who are equipped with the skills and knowledge to create and motivate better performing teams.
An Executive MBA doesn’t just equip students with the most up to date knowledge in the business sector. It also arms them with the tools, methodologies, and analytical frameworks to work from. This is yet another advantage the Executive MBA brings to the organization. While an EMBA employee’s fellow colleagues can witness firsthand the relevance of their co-worker’s education, perhaps the true benefit is in the frameworks he or she implements and to lasting effect.
Students who pursue the EMBA program already have good working experience in several fields of management which leads to their growth in a specific functional area. Experience of work is also helpful in the study of the real-time business environment it also plays a significant role in order to get impress the recruiter.
At The Forefront Of Business Trends
The EMBA environment presents students with a range of new experiences and impressions. These can be used to make a positive contribution to the workplace. Yet of greatest value is the exposure Executive MBA students receive to cutting edge developments and prospects in the international and global business world. This means they are able to identify new trends and swiftly turn them into opportunities, either for a specific company project or the organization as a whole.
Cons. Of Executive MBA
The various Cons. Of EMBA Programme is as follows:-
Less Focus on Study
The students who apply for an EMBA program has less focus on the study because they juggle between the work. It is important for every student to focuses on a study in order to gain better grades. Working full time and study part-time won’t leave much for anything else. Throw a commute in the mix and you will really be swamped.
There aren’t as many EMBA programs as there are MBA programs, so you may struggle to the program that’s best for you academically, socially, geographically, and schedule-wise. The specialization of the Executive MBA program is less than a full-time MBA.
One of the biggest complaints of part-time MBA programs is work-life balance. Holding a job and studying part-time for your MBA is a lot to juggle, particularly if you have a family, a demanding career, or both. Research your school’s course schedule and time commitment ahead of time to make an informed decision.
Longer Time to Earn MBA
Executive MBA programs may take longer to complete than full-time programs. Consequently, instead of completing your studies within one or two years, it may take two or three. This isn’t necessarily bad, it simply means that your journey will be a long one.