Executive MBA
Executive MBA programs, as the name suggests are for executives or professionals who are already specialists in the industry. Such programs are designed to enhance the management and leadership skills of the professionals thus enabling them to move up the corporate ladder.
With the fast-paced growth of the corporate sector and the need to constantly keep on upgrading one’s skills, executive MBA’s are becoming popular. Learning new skills help to have an edge during promotions and hence enrolments are often tied to new or anticipated promotions.
There are a number of ways in which such programs are delivered. They are modular, part-time and distance learning or online programs. Modular programs require the students to attend the business school perhaps one week each month or for a few months. Part-time programs are conducted weekly, preferably on weekends. Distance learning programs are suited for those who cannot attend classes on a regular basis. The curriculum is well constructed and there are several courses to choose from various business disciplines. The diverse professional experience of each student helps in the already motivated, interactive environment. Their professional experience and expertise becomes the framework of the curriculum.
Executive MBA degrees can be earned in two years or less. Lot of institutes offer one-year executive MBA programs. Since the students are fully employed, they do not hold internships during the course. Scholarships from B-schools are usually not available. However, these days a lot of companies sponsor candidates for such executive programs.
A high-level of dedication is required from the students’ along with a lot of co-operation from their employers and families. Students would need time-off from work and also family members might not understand a mid-career break. However an Executive MBA program offers a distinctive learning experience. The faculty combines traditional managerial theory along with cutting-edge technology while students integrate theory with professional experiences. Such programs help one apply business concepts that can make immediate impact on the job as well as in a classroom. They learn as much from each other as they do from their professors thus enabling one to garner a rich learning experience.