Honing your managerial skills along with a job in real time that is what your Executive MBA program is capable of.
Executive MBA programs are designed for busy executives and business professionals, it is a short programme for focused individuals who have elected to join such a course. For this very reason, the program offered is an extremely focused one as the attending working professionals are there to learn in the time they manage to squeeze out from a busy schedule. The program is centered on the basics taught at every MBA, namely accounting, finance, statistics management, marketing and information system but all uniquely structured to teach the maximum possible in an accelerated timetable to make sure that the busy attendees can gain the utmost from it .
An MBA degree is in demand as it reflects a sophisticated level of knowledge and skills concerning a wide range of contemporary management topics. It also implies a well honed understanding of strategy and planning in an increasingly competitive world – especially on the global stage. A professional who has an additional MBA over and above the core degrees, gains skills needed to move up the corporate ladder and for an entrepreneur the skill sets behind an MBA can provide the edge to get ahead of the others. An EMBA in general helps to hone business judgment, analysis and decision making in the real world, in short-skills to enable you to shift from functional to broad based leadership .
The huge advantage an Executive MBA has over typical MBA attended by regular students is the substantial business experience and knowledge accumulated within the class as people from the field participate and this experience and expertise becomes an integral part of the learning.
Typically completed during the evenings or a weekend over a two year period or an online EMBA program can help in keeping you abreast of changes in the rapidly globalizing world, without taking you off the professional track. Two other advantages seen are the possibility of real time testing of ideas taught and the networking possibilities that exist between professionals in a sustained but informal environment.
The team approach employed results in the sharing of diverse perspectives on various topics resulting in a challenging stimulating learning experience that provides for maximum return on time and resources invested. Close interaction between faculty and participants is normally a given, especially as the typical age and experience divide between the teacher and taught is narrowed down.
The formats of this kind of degree can be diverse but have one thing in common – flexibility. This could be implemented with classes held over weekends or even online as there are outside pressures on a student’s time, which need to be factored in. The focus of the schedules should be minimal invasion of work and personal pursuits achieved by the fact that all members of the class begin the program at the same point, learn together and complete the degree requirements for graduation as a group. In some cases students are sponsored financially by their parent company for a kind of sabbatical and can devote time and effort to this program while continuing to earn.
To apply for such a program an undergraduate degree is generally required though it need not be a degree in business. Evaluation of students for admission to an EMBA program is a very individualized process. While scores are considered to make an admission decision a perspective of student’s career goals, focus and background holds equal sway.
But first make sure that the program chosen is the one for you – in terms of the learning imparted, the format followed and the special skill sets honed.
Excerpts from Ascent