Executive MBA (EMBA): Get Some Facts Straight

Posted by Gauri Satpute on June 12th, 2019

If your career is going in full swing and you are a little more ambitious and so looking for extra fuel in your resume then an Executive MBA is the way out you must go for. You would see relatively inexperienced and younger students in a full-time MBA program, unlike that this Executive MBA program is outlined for the working professionals who have a minimum of six to seven years of experience. And the best to say, the flexible program which lets you keep the current job as it is and earning the degree by side.

Don’t go by the name as Executive MBA doesn’t aim for the executives which are the few privileged at the top of the company. The MBA is perfect for anybody identified as a future leader by either themselves the company.
The course is designed for anyone who is driven and eager to program the managerial acumen and likes to get more knowledge of the business. With an executive MBA degree, you could go from maybe a team leader to be into the team which checked after strategic thinking, with big initiatives in the firm and become a key person into business to work. Surely, the degree makes a way for you to switches the role in the corporate world.

Normally, seen as a booster of career by professionals in accounting, finance, consulting and marketing, an Executive MBA is now considered by the candidates who are making efforts to place their game up in every domain. And it’s just not about the classic corporate paradigm. There are so many who look up for becoming an entrepreneur and Executive MBA is the ticket for a way in.

The Costs of an Executive MBA:
Getting an Executive MBA brings a big financial and personal cost. Supposedly, a full-time work shift with a solid academic program and other family responsibilities too. So basically, some big sacrifices on the line. It asks for single-minded willingness and tough skills to survive. And, the self-absorption in time of the program is the thing we would see through would invariably effect on everyone around you, at work and at home.

Actually, that’s how prominent Executive MBA orientation programs are, so be sure about it before you jump into it. One more reason you would like to absolutely be definite that you have gone for the right option is the cost of the course as it is a six-figure cost for an around six-figure salary.

And that makes it a very famous business course but it also causes big debts and loans by students or professionals.

The Payoff:
So, actually what the payoff is? With Executive MBA along with, you could hone the business, leadership and managerial skills, you are supposed to skip some levels on the ladder of corporate upside, you would get promoted so easily, you would possibly be allotted more responsibilities at the office and you could so easily shift career tracks for better opportunities.

Return on Investment (ROI):
Initially, let’s discuss the most substantial payoff which is remuneration. The numbers are here. Columbia and Wharton claim the Executive MBA programs get students a sixty percent jump in the salary in comparison to others like Stern School of Business and Ross School of Business, say the degrees result in a thirty-five percent and forty-two percent rise in the remuneration.

EMBA vs Regular MBA:
One reason an Executive MBA scores over a full-time MBA course is you get the tag of MBA and all the perks when getting to keep the job. Whereas some likes to start over with a new work after a 2 years break, to do a more precious, full-time MBA course, many would see a more resilient Executive MBA program as a way to skirt the job insecurity issue.

2nd, an Executive MBA can be an important bargaining chip even before getting the degree. If the employer understands your value, they would up the remuneration anyhow, worried you might quit for the greener pastures as you receive the accreditation. A better way of executing the value to the company will be compensated for bringing more to the role because of optimized perspective and knowledge.

3rd, students in this program come from various industries and possess the wealth of experience to give it to the program. So, everyone allows creating a comfortable environment for learning which boosts the growth in each candidate. This could also help you grow the professional connections and present a few exciting business opportunities too.

The fourth reason is that you have to apply the classroom learning to the office, in real time, that could be so rewarding and exciting. It is also valuable to the work, that is something which benefits your teammates and employer.

Caution, EMBA Ahead:
Since an Executive MBA inherently applies to set a precise academic course with a job and the rest of the life, consider each possible scenario so cautiously before you commit to it. One, an Executive MBA is likely to impact the work and the colleagues. It would mean taking time off to go to classes & for study leave, that means the boss requires to be willing to settle this. It will be a lot easier if the superior has an MBA and henceforth understands the merit of the degree.

Sacrifice and compromise are going to be the watchwords in time of the course of your Executive MBA course. As time is not expandable, you would not be able to do everything, like you were doing. You might have to come over a few things as you would not be able to deal with all the responsibilities & chores to your satisfaction.

The author is born in Mumbai and studied MBA in London. She has worked as a project manager in a software company in London for 3 years. She is currently working in Delhi. She loves to write and share her experiences of life. Read his views here on Executive MBA.

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Gauri Satpute

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Gauri Satpute
Joined: February 15th, 2018
Articles Posted: 145

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