Going back to school and taking notes in lectures can be a challenging shift. An Executive MBA offers you the flexibility to take on your career and balance your professional and personal life.
An Executive MBA program provides the tools and techniques to become a more resilient, adaptive, equipped, and bold leader who can inspire others. Whether you’re looking to go up the ladder in your organisation, launch your own business or refine your leadership skills, an Executive MBA will help you easily achieve your goals.
You may want to consider doing an Executive MBA when you feel your career has hit a plateau and you’re looking to grow. You may not feel like your skillset is up to date or want to advance to a more significant role and a bigger paycheck. While these are valid reasons, it is essential to kickstart your growth with the right Executive MBA course. Graduates of executive MBA programs often credit their development to the professional connections they have forged with their peers, professors, and alumni.
If you’re a working professional, you can pursue either a part-time or an Executive MBA. You can pursue a part-time MBA over three years, where learning the foundation of management will be the main focus area, whereas, with an Executive MBA, you can hone your leadership and entrepreneurial skills.
One of the perks of an Executive MBA is the flexibility of time. Unlike an MBA, you can carry on with your routine work week without interruptions. With a weekend-based learning model, an Executive MBA allows you to focus on your courses at your own pace and time. You require a minimum of 5+ years of full-time work experience to qualify for an Executive MBA.
Executive MBAs are designed for managers with extensive work experience, so students differentiate themselves from other candidates because of their expertise, diversity, and the quality of their prior work. It is often assumed that Executive MBA students don’t require an entrance test due to the sheer experience they’ve had over the years and their business acumen. However, some schools insist on tests that evaluate them on multiple factors.
Executive MBA degrees have proven to be career accelerators, growth catalysts, and multiple benefits, including career advancements and a higher paycheck. Each program is different in its formats, requirements, and curriculums.
What distinguishes an Executive MBA from an MBA is it’s designed for experienced professionals in the industry for a decade. These are typically C-suites, senior managers, or entrepreneurs who have accumulated significant knowledge over the years.
It would be best if you pursued an Executive MBA once you reach maturity in your career. Suppose you’ve spent enough time in the industry or one particular organisation and are looking to accelerate or change your growth direction. In that case, an Executive MBA is a fruitful experience.
Although the curriculum of an Executive MBA may vary by the university, they generally focus on enhancing leadership and professional skills. Real-world instances help students draw on their experiences and apply practical knowledge gained over the years. A typical Executive MBA program may include the following subjects.
- Marketing
- Finance
- Business Policy
- Economics
- Operations Management
- Organisational Leadership
- Quantitative Methods
- International Issues
- Business Ethics
- Business Law
- Entrepreneurship
- Public Policy
- Communication
Having delved into detail about pursuing an executive MBA, it is crucial to be clear and focused on your career goals. Executive MBAs are typically designed for executives. If you wish to be in an influential role, steer your teams on the path to success, or aid improvements in your organisation, an Executive MBA is sure to train you for this role.
