Why should you choose an Executive MBA?

Introduction

An executive MBA is a special MBA program designed to meet the upskilling needs that working professionals face in the middle of their career journeys. As the name suggests, an executive MBA is ideal for candidates having a few years of professional experience and serving managerial and executive positions.

If you are someone trying to explore more about an executive MBA being offered in the online mode of learning, then this blog will introduce you to the key details about the course.

What is an Executive MBA?

An executive MBA is a postgraduate degree program in management that specifically caters to management education and training for managers and professionals having some experience in a managerial capacity. Unlike a 2-year MBA, this is an MBA lasting between 15 to 18 months and is offered in fully online and part-time modes to accommodate the learning needs of working professionals.

Provided here is a brief course overview of an online EMBA:

• Course Duration: 15 Months-18 Months

• Course Level: Postgraduate; Executive Education

• Course Accreditations: UGC-DEB, AICTE, ACBSP, NAAC etc.

• General Eligibility: Having Completed a Bachelor’s from a Recognised University with at least 50% Aggregate Marks AND Having At Least 2-5 Years of Professional Experience

• Specializations: Marketing Management, Applied Finance, Global Logistics & Supply Chain Management, Human Resource Management, Operations Management, Supply Chain Management, Leadership & Strategy Management, Business Analytics, General Management, Data Science & Analytics, Entrepreneurship, International Business (IB) Management, Market Research, Digital Finance, Accounting & Finance Management, Healthcare Management, IT Management

• Course Fees: INR 1,50,000 – INR 13,00,000 (Full Program)

• Online Universities Offering EMBA: IIM Ranchi, D. Y. Patil Vidyapeeth Navi Mumbai, IIM Raipur, Golden Gate University, IMT Ghaziabad, O. P. Jindal Global University, Liverpool John Moores University, etc.

Executive MBA vs 2-Year MBA

The key differences between an online Executive MBA and a conventional 2-year MBA are highlighted below.

1. An EMBA has a duration between 15-18 months, unlike the 2-year MBA program.

2. An EMBA has a curriculum emphasizing the applied areas of management in specific industries, unlike a 2-year MBA which introduces candidates to the theoretical foundations of both general management and specialized industries.

3. For admission to an EMBA, a candidate needs to be in the middle of their career journey, i.e. at least possessing 2 to 5 years of professional experience in addition to a Bachelor’s degree. For a 2-year MBA, graduate freshers having limited work experience can also seek admission in the course.

4. The fee range for an online EMBA is slightly higher than a 2-year MBA considering it’s a professional executive-level degree course. An online EMBA has a fee range from INR 1.5 lakhs to INR 20 lakhs, whereas a 2-year online MBA has a fee range from INR 1-3 lakhs.

Why Pursue Online Executive MBA?

If you are a working professional meeting the eligibility requirement of an online Executive MBA and looking for options for upskilling yourself professionally, you might be confused about the right course to take that alleviates your portfolio and confers career advantage to you–such as a PG diploma courses, other degree courses, certifications, etc.

Here are a few reasons for you to take up an online executive MBA instead:

• An online EMBA fully integrates the flexibility of online learning into the degree to allow working professionals to pursue it conveniently. This is done through live lectures scheduled in evenings and holidays, recordings of live lectures, flexible attendance criteria and exam schedules, placement support, remote exams, and so on.

• The course curriculum is specifically designed to provide the requisite knowledge and skills required to thrive as an executive and senior manager in modern organizations, a fact strengthened further by the diverse specializations available to be pursued.

• Admissions to an online EMBA, unlike regular EMBAs, do not require the candidate to have a valid score in a management entrance exam. If you meet the general eligibility criteria for admission to the course, you can seek admission.

• The fee range of an executive MBA in the online mode is much more affordable than in the regular mode. The financial aid available for candidates to secure low-interest EMI options allows more executives to easily pursue the course without burning a hole in their pockets.

• Lastly, the placement support available in online EMBA programs allows candidates to seek professional hike and growth at par with regular EMBA programs.

How to Choose the Right Online Executive MBA? 

Selecting the right online Executive MBA from the myriad of options available can be a daunting and tough task especially so for working professionals amidst their hectic professional lives. Not only does it require the careful evaluation of one’s own career goals and positionality, but it also requires extensive research to find the degree with the right accreditations, specialization, and fee range matching your budget.

To make this complex process easier, College Vidya, a one-stop aggregator and support platform for all your online education needs, provides several pre-admission and post-admission services that help you find the best online EMBA program. With the AI-powered “Suggest Me in 2 Mins” function available on College Vidya’s homepage, you can easily compare over 10 online universities offering this course on over 30+ parameters. Moreover, the free and unbiased counseling services offered at College Vidya allow you to get further perspective about the right online degree to select for boosting your career.

Conclusion

Thus, an online executive MBA presents a novel and appealing opportunity to working professionals and managers to upgrade their managerial skills and proficiency to the next level, all without taking a break in their careers, and experiencing the thrust of advanced management education in enhancing their career prospects and growth potential.