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What is an Executive MBA and Executive MBA Your Way To Success 24 Jan 2021

| Updated: Apr 13, 2020, 13:25 IST

What is an Executive MBA and Executive MBA Your Way To Success 24 Jan 2021

We all heard about both MBA and Executive MBA. But, most of us don’t know the difference between MBA and Executive MBA, right. Like MBA, executive MBA also offers various courses like Business Administration, Healthcare Management, Financial Markets, etc. Besides, you can enjoy various benefits in the Executive MBA Programs as like MBA. Get complete details of Executive MBA here.

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What is an Executive MBA and Executive MBA Your Way To Success 24 Jan 2021

What is an Executive MBA?

Lots of people would like to study postgraduate courses and most of them are very much interested in studying an MBA as it helps them to enhance their managerial and leadership skills. As we know that MBA is for anyone who wants to enhance their skills in business and management. But, the executive MBA is for the working professionals such as corporate managers and executives who would like to sharpen their managerial skills while they are in their job. In this article, you’re going to read the ins and outs of the Executive MBA in a detailed manner. After that, you can get clarity of the terms MBA and Executive Master of Business Administration.

What are the Similarities and Differences between MBA and EMBA?

Executive MBA is Executive Master of Business Administration. Executive MBA is otherwise known as EMBA and it’s specially designed for working professionals. Hence, those who don’t want to get discontinued from their work and like to do an MBA degree can go for the EMBA. Alright! The following table describes the major similarities and differences of MBA and Executive MBA.

Description	MBA	EMBA
Full Form	Master of Business Administration	Executive Master of Business Administration
To Whom	For anyone from any background	For working professionals such as corporate managers and executives
Applications	Less work experience (up to 3 years' experience usually required) and test results play a major role Requires minimum GMAT score of 600 by most schools and 700 by top schools	Professionals with 10-15 years' work experience needed
		No entrance exams
		But, candidates without a bachelor's degree in business will need a GMAT score
Duration	Traditionally 2 years in North America and 1 year in Europe	Traditionally 2 years in North America and 1 year in Europe
		Part-time, on weekends and evenings
		Continue to work full-time while learning
Fees	Self-funded	Costs covered by employers
Fees	Scholarships available	Self-fund for some students and EMBA scholarships are available
Lifestyle	Living permanently on or near campus	Fewer Interactions with students and less intense relationships

Why Executive MBA Programs?

Above we have discussed the full form of Executive MBA and the major differences between MBA and Executive MBA. But, most of you might have confusion about the importance of Executive MBA programs. Alright! Let’s read about why Executive MBA programs. As we know that Executive MBA programs are considered as one of the best courses and as well as perfect for the working professionals. There are various kinds of management programs are existing for the corporate executives and managers in diverse institutes. But, the executive MBA programs are gaining popularity in India. Most of the working professionals are taking part in the regular EMBA programs.

Following are some of the programs in which you can take part,

Executive Masters in Business Administration
Executive Masters in Business Administration
Executive Post-Graduate Diploma in Management
Executive Management of Business Finance
Executive Education Program in Operations Management

For this reason, the executive MBA exists and candidates are studying EMBA programs to enhance their management skills. Studying an EMBA helps the working professionals to move to either mid-level of senior-level management.

Who can study an Executive MBA?

The Executive MBA or EMBA courses are most suitable for those who want to upgrade their skills in latest management techniques. Additionally, this program suits well for the working professionals who don’t want to discontinue or relieve from their work. Most probably, they would be sponsored by their employers, though in these days, they are mostly self-funding candidates. As per the statement, the age of an average executive MBA candidate in the year 2016 is 38 years. The Executive MBA degree is offered in a standard format, where working managers and executives can attend classes over a set number of intermittent residential weeks, or over weekends and evenings. The course fees for EMBA programs are very high and one can complete the course within 18-24 months.

EMBA
Designed for	Senior Working Managers
Age range of participants	Between 30 and 45
Course duration	18 to 24 months
Course Fees	Varies from one institute to another

What is the duration of Executive MBA Programs?

Students who are studying an EMBA should attend class at a pre-designated learning centre. Generally, the Executive MBA classes are conducted in real time by means of a computer and a high-speed broadband internet connection. Students are required to attend 6 hours of class every week and a campus visit for 10 days once a year. Few top institutes like XLRI, IIM offer EMBA in association with technology partners such as Reliance, DWGE, and the course fees vary from 1 Lac to 3.5 Lac based on the Institute norms.

In addition to this, few corporates have also tied up with institutes to provide an EMBA at their campuses. This, in turn, helps them to enable the ever-growing need for mid-level and senior level management. It’s expected that this trend will become more popular as it is a win-win situation for all stakeholders. And, in these days, this trend is being observed in BPO, IT industry, Retail and other emerging sectors. However, the duration of an EMBA varies from 1 to 5 years. And, they are offered in various modes which include full-time, part-time, distance education, weekend, and online classes.

What are the top 5 reasons to Study an Executive MBA?
If you have 5 or more years of working experience, an EMBA is a right choice for you to develop your managerial skills. Studying an EMBA helps you in different forms so that you can reach to the top of your career ladder. So, here are top 5 reasons that describe why to study an Executive MBA.

1. Gather new Skills

Studying an EMBA program helps an individual to move to the next level in their career path. And, it's true that we should upgrade our knowledge in the appropriate field to go ahead in our career life. Hence, by means of this program, an individual can sharpen their skills. Here are some of the skills one can gather during their EMBA program,

New management skills and techniques which helps to move towards increased responsibilities
Strategic thinking, critical analysis, and so on
Good communication and team building skills

2. Helps in career development

An Executive MBA helps an individual to move towards the higher positions in their career. Moreover, one can start their own business by means of skills gathered during this course.

3. Different perspective

Studying an Executive MBA not only helps you in getting insights into various managerial and leadership approaches but also in different business practices. You can gather knowledge from different perspectives which in turn it helps you to start your own business.

4. Immediate return

The main benefit of the Executive MBA program is that both you and your employer get an immediate return. This is because you'll become knowledgeable after you walk away from each class so that you can easily implement those ideas in your job to get the result.

5. Build your Network

It helps to build a friendly and professional relationship with business persons during your course and after that as well. With the help of the business partnerships you gain, you can get new ideas to implement in your business.

These are some of the top reasons that describe the need to study an Executive MBA.

How to choose the best institute to pursue EMBA?

There are numerous institutes are offering EMBA programs. Hence, it will be confusing to choose the best for you. But, if you consider a few criteria before choosing the best institute to pursue an EMBA, you can easily get an admission into the best institute. The following are some of the factors that one should consider when choosing the best institute to pursue an Executive MBA.

Check whether the institute is privately owned or government.
Make sure that the institute offers various courses and the course you’d like to study.
Course fee and duration
Admission criteria
Entrance Exams needed to crack
Post-MBA goals and rank of the institution
Considering the Accreditation and approval of an institute is highly important
Curriculum and internship
Other facilities include the Library, cafeteria, Hostel, Sports Complex, Gym, hospital & medical facilities, music room, A/C classrooms, labs, and so on.

Which are the best institutes to pursue Executive MBA programs?

As we discussed above, there are lots of institutes are available to study an Executive MBA degree. Hence, you can choose the best amongst all to pursue your MBA course effectively. But, before that consider the criteria mentioned above while choosing the institute to start your EMBA program. The following section explains the top 3 institutes to pursue an Executive MBA program.

BITS Pilani WILP MBA

Birla Institute of Technology is a well-known brand and ranked high among the top educational institutes in India. This institute offers WILP (Work Integrated Learning Programmes), which is designed for working professionals. Furthermore, this course is for various employed professionals in diverse Engineering and IT industries.

Institute Type	Deemed University
Courses offered	MBA in Consulting Management MBA in Manufacturing Management MBA in Finance MBA in Quality Management
Mode	Online & Offline
Eligibility	BE/B.Tech/M.Sc or equivalent with minimum 1-2 years relevant industry work experience
Duration	2 Years
Fee range	1.5 Lakhs to 2 Lakhs

BITS is like a distance learning program and it's more suitable for the working professionals. After the completion of a course in BITS Pilani, an individual can get the chances of getting placed in a good job, good pay, and so on.

NMIMS Global Access School

NMIMS is also known as Narsee Monji Institute of Management Studies. It's also one of the top business schools in India. In order to get an admission into this b-school, one should attend the written test and personal interview conducted by the college. Additionally, candidates can also appear for the selection process with their GMAT score of 600 and above. This institute offers an Executive MBA course at their campus in Mumbai, Shirpur, Bengaluru, and Hyderabad.

Institute Type	Deemed University
Courses offered	Executive MBA
Mode	On Campus
Eligibility	Candidates should be graduated from a recognized University in any discipline with minimum 5 years of work experience in executive or supervisory capacity.
Duration	15 to 24 months
Fee range	5 Lakhs

Pursuing your MBA degree in NMIMS will help to add an extra value to your career. One has also the chance to take a module for one week and take the next week off so you can easily balance both work and personal commitments.

Indira Gandhi National Open University (IGNOU)

IGNOU is also known as Indira Gandhi National Open University. IGNOU is one of the well-known institutions in the field of distance education. It offers an Executive MBA course in different streams include finance, Marketing, HR, IT, and hospitality management.

Institute Type	Central Open University
Courses offered	Executive MBA in Marketing, Finance, HR, IT and Hospitality Management
Mode	On Campus
Eligibility	Graduation from any discipline with minimum 2-5 years of work experience is required
Duration	18 months
Fee range	1.5 Lakhs to 2.5 Lakhs

IGNOU is a great institute for pursuing an executive MBA and its a perfect place for knowledge enhancement with an additional degree.

What are the Executive MBA Eligibility Details?

An individual who would like to pursue an EMBA degree should satisfy some criteria to be eligible for the Executive MBA program. The following are the Eligibility Criteria for applying to an EMBA degree,

A valid card of GMAT/CAT
Good knowledge of English
At least 3-5 years of professional working experience
An individual should be at managerial level while applying
A degree in any stream or equivalent qualification from the recognized university

Additionally, it’s must to obtain an approval from the respective companies for pursuing an EMBA degree and one should be in their job until their course has finished.

What are the subjects included in EMBA?

We all are curious to know the subjects included in Executive MBA courses. So, in this section, we have listed out the various subjects included in the course. But, before you should know that the EMBA courses are divided into subject-wise. They are as follows,

Human Resources
IT System
Finance
Marketing
Hospitality Management etc.

In addition to this, students who choose the course of 2 or 3 years have general management in the first two semesters. And, for the rest of the semesters, they cover finance/human resource/market etc as specialization papers. Every year, students will be having two semesters of 6 months span each. And, the final semester is for a project work.

Hope you’ve gathered enough knowledge about an Executive MBA. Keep in mind the aforementioned details while pursuing an EMBA.

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What is an Executive MBA and Executive MBA Your Way To Success 24 Jan 2021

MBA Programs

Mba Master Of Business Administration 2021

Top Mba Colleges In India 2021

Mba In Finance 2021

What is an Executive MBA?

What are the Similarities and Differences between MBA and EMBA?

Why Executive MBA Programs?

Who can study an Executive MBA?

What is the duration of Executive MBA Programs?

1. Gather new Skills

2. Helps in career development

3. Different perspective

4. Immediate return

5. Build your Network

How to choose the best institute to pursue EMBA?

Which are the best institutes to pursue Executive MBA programs?

BITS Pilani WILP MBA

NMIMS Global Access School

Indira Gandhi National Open University (IGNOU)

What are the Executive MBA Eligibility Details?

What are the subjects included in EMBA?

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