Most people reach a point in their careers where they feel that they have to create an extra push. This might be to increase earnings, attain a higher-ranking job or even switch careers. Earning an executive MBA is an excellent way of increasing career prospects. Our directory of schools and programs, along with other resources, will help you get started in finding the best option for you!
Differences between an MBA and EMBA
An MBA program usually offers a more generalized education compared to executive MBA programs. An EMBA typically also consists of a Masters in Administration. Here, the student can pick a specialty to focus on, such as industry or career options. Our MBA and EMBA guide offers an in-depth comparison of some of the top executive MBA programs.
Academic pre-requisites for enrolling in an EMBA
Previous work experience, especially in leadership positions, is strongly advised for executive MBA programs candidates. They should also possess strong skills in management, critical thinking and communications. Depending on the school, grade requirements may differ. It is best to check the pre-requisites of various schools before applying to them.
What do Executive MBA grads do?
Executive MBA graduates tend to hold high-ranking leadership positions. They may be in charge of creating and leading teams, or organizing campaigns. EMBAs often have to continue learning throughout their careers to stay up to date with market and industry trends and changes. One way to continue learning is to enroll in an online executive MBA program.
What is the length of time to complete the Executive MBA program?
EMBAs vary in length depending on the specialty or field of focus. Average executive MBAs may run around six semesters. The course length may also vary if a student opts to do the course full time, part-time or enroll in online executive MBA programs.
Choosing an Executive MBA Program
There are many different options to choose from regarding EMBA programs. Our rankings directory helps to spotlight some of the top executive MBA programs. Remember to examine available internships to ensure that they are in line with your desired work fields.
Executive MBAs and work-life balance
Executive MBAs do come with a heavy workload. However, many schools offer flexible program options to help students ensure a manageable work-life balance. Many students find that attending class while their family members are at school or work allows them to spend time together later in the day. Satellite colleges and online executive MBA programs are other alternatives to consider.
Online versus on-campus Executive MBAs
Attending an on-campus program has the benefit of face-to-face interactions and easy communications among students and professors. However, online programs are also very advantageous. Students on a budget or who live far away can reduce travel expenses and time by attending online courses.
Costs of an Executive MBA Degree
The tuition fees for an executive MBA degree varies largely depending on which school a student attends. Standard business degrees at colleges range between $3,000 to as high as $20,000. In comparison, an executive MBA program can fall between $14,000 to as much as $25,000.
Potential Earnings of Executive MBA Grads
On average, executives tend to earn salaries between $100,000 and $150,000. Variations depend on the company and the person’s position. Our guide on EMBA careers helps to explain more about careers and salaries of Executive MBA graduates.
Impact of an Executive MBA on Careers
People can certainly have satisfying careers with or without an executive MBA. They can work on many different levels, at different salary ranges. However, executive positions demand a certain amount of training, knowledge and education. In this case, an EMBA is the perfect preparation for such a role.
Career Benefits of an Executive MBA
Many people find far more career options open to them after obtaining an executive MBA. This usually includes prominent leadership or executive positions. By comparison, many others at the standard MBA level may find that they are passed over for promotions. Doing some research on the top executive MBA programs will allow students to find the program that best meets their future career goals.
Executive MBA Specialties
Executive MBAs can be divided into administration and also management specialties. Beyond this, many of them offer internships or focused programs that specialize in certain types of fields. This can include medicine, hospitality, travel and more.