Finding the right MBA course can be crucial to achieving your career objectives. Here is how you can determine if an Executive MBA is the right career choice for you or not. Read the following blog to learn more about the executive MBA. Here, we have tried to address some of the most frequently asked questions we have come across through various websites and social media in this context. In this blog, you will learn what an executive MBA is. Why and who should pursue an E-MBA? You will also know the differences between an E-MBA programme and a regular MBA program. So let’s begin!
Introduction to E-MBA:
A lot of working-class graduates want to pursue masters in management and business administration at different stages of their career. That is why many business schools and reputed universities in India have come up with a wide range of E-MBA programmes with various specialisations that can not only help these working graduates climb the corporate ladder quickly and effortlessly but also allow them to continue their job along with post-graduation. However, in order to apply for an E-MBA, you must possess at least 3 to 5 years of working experience, as this is one of the most essential prerequisites that you need to fulfil as an aspiring candidate. Like a regular MBA program, an Executive MBA course is also available in a variety of domains, including sales and marketing, human resources, banking and finance, IT, health care and hospital management, transport and logistics, international business, accounting, and many more. So, you can choose your domain as per your area of interest.
What is an Executive MBA?
Before you start learning the differences between an MBA and an Executive MBA, you must learn: what is an Executive MBA? An executive MBA program, or what is popularly known as an EMBA program, is intended for those who want to continue their higher studies after graduation while pursuing a full-time job. It is specifically designed for working graduates or working students so that they can continue their postgraduate studies in business administration irrespective of the time constraints that come along with their full-time working hours. Here in India, people who pursue an EMBA earn a postgraduate degree in management and business administration, which is as valuable as a regular MBA.
A full-time Master’s in Business Administration (MBA) programme is a two-year long post-graduate course where you don’t need any professional work experience before you apply for the course. So, to get admission into a regular or full-time MBA programme, you will have to follow the usual procedure, which would require you to leave your job and attend the classes on a daily basis. Besides, you would also have to attend a six-month long internship programme at the end of your fourth semester.
On the other hand, an Executive MBA (E-MBA) is a postgraduate business degree programme designed for professionals with three to ten years of work experience.
Here, candidates can continue working while pursuing their post-graduate degree, so classes for an Executive MBA degree are typically conducted outside the purview of normal study hours. Candidates can finish their E-MBA programme within two years—the same amount of time it usually takes to complete a traditional MBA program—thanks to more intensive instruction.
What is the Difference Between an Executive MBA and a Traditional MBA Degree?
In general, E-MBA and MBA both lead to the same degree. Although some schools might distinguish between the two by adding “executive” to their E-MBA degrees, the majority of prestigious colleges don’t do so because the general material is the same across programmes. The main distinctions between E-MBAs and MBAs fall within the purview of the programme structure, student profile, and tuition. Let’s take a closer look at those.
|Sl No||Differentiating factors & elements||Executive MBA||Full-time MBA|
|1||Total Time Length of the program||2 years, or four semesters.||2 years or four semester with six months|
|2||Time Table for Classes||Every weekend (Friday evenings)||full time, six days a week.|
|3||Syllabus Structure||The syllabus is more brief, practical-oriented, and focused on the skill-based and industry-oriented topics that can help you master the managerial skills necessary to climb the corporate ladder quickly.||The syllabus is more brief, practical-oriented, and focused on the skill-based and industry-oriented topics that can help you master the managerial skills necessary to climb the corporate ladder quickly.|
|4||Who should pursue it?||Preferred for working class graduates.Working-class graduates are preferred.||Anybody with a graduation degree is eligible to apply for a full-time MBA.|
|5||Eligibility criteria||A candidate who is willing to pursue an executive MBA must possess at least 5 to 10 years of working experience.||You do not need any working experience to join a full-time MBA programme.|
|6||Required components for admission or application||CV or Resume,Work Portfolio, official and academic records, portfolio, official documents, and academic records; Registration and application fees.||Documents related to official and academic records, score cards of MAT, CAT, XAT, SUAT, etc.|
|7||Test Requirements||Tests are optional; however, CAT and GMAT scores are considered during the recruitment process. Some B-schools and universities also conduct their own in-house E-MBA entrance tests as well.||To gain admission to the full-time MBA course, you will have to clear MBA entrance tests. Some of the most popular MBA entrance tests include CAT, MAT, XAT, GMAT, GRE, and SUAT.|
|8||Age limits||35 to 40 years(depending upon the admission parameters set by the respective MBA institution.)||Between the ages of 21 and 30.|
|9||Tuition Fee||high tuition cost||Tuition is inexpensive.|
The Way Forward:-Is an E-MBA as valuable as a traditional MBA?
The two degrees will often appear the same on a CV and have the same value on paper because many universities award the same degree to both E-MBA and MBA graduates.
However, one important distinction that you may feel while pursuing an E-MBA is the broad horizons of human networks that an average MBA student builds during their post-graduation curriculum.
E-MBA schools sometimes divide their students into cohorts because their curriculum is more compact. You might take classes with the same folks as an E-MBA student for the entire duration of your degree. On the contrary, full-time MBA programmes tend to offer a greater variety of class options and more ability for customization, which lends them a little more flexibility.
The career services provided to E-MBA candidates may also differ from those provided to MBA applicants because they frequently want to keep moving up in their current line of employment.
MBA applicants may take part in recruiting activities or career fairs that are held on campus and targeted at recent graduates seeking new jobs. 83.3 percent of E-MBA schools provide executive coaching, which is oriented toward later-stage career progression, so E-MBA applicants are more likely to benefit from these services.
1) What is the difference between a part-time and an online MBA program?
You can think about looking at part-time and online programmes if you don’t have the professional experience necessary for an Executive MBA programme and yet want to keep working full-time while earning your degree. Both of these MBA options can provide greater scheduling flexibility than full-time courses while assisting you in pursuing comparable professional objectives. The format of the classes and the level of discussion will resemble a full-time MBA programme more closely, although it might take you a little longer to finish your degree. A part-time MBA could take between three and five years to finish, depending on how many classes you take each semester.
2. Which MBA programme offers the highest pay?
Here are the top 5 MBA specialties in terms of salary.
3. Does an executive MBA pay off well?
According to the 2019 E-MBAC Student Exit Survey, the average E-MBA graduate gets a 13.5% boost in pay between the start and finish of their executive MBA programme. In addition, 40% of students obtained a promotion during their E-MBA studies.
4. What is the duration of an executive MBA?
Ans:-Two years (without internship)
5. Who is eligible to apply for an Executive MBA?
Any applicant who has earned a bachelor’s degree from an accredited institution with at least a 50 percent overall average or an equivalent may apply. There is no minimum score requirement for admission to the Executive MBA program.