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The “Executive Master of Business Administration” which is also known as EMBA, is a degree program identical to the conventional Master of Business Administration (MBA) program, but is particularly designed for and aimed towards corporate executives and senior managers who are already working.
The Master of Business Administration (MBA) is a terminal degree and a professional degree. Accreditation bodies particularly for the program guarantee consistency and quality of education. Business schools in many parts of the world offer programs tailored to full-time, part-time, executive and distance learning students, many with specialized concentrations.
What You Should Know About Executive MBA Programs
Executive (part-time) MBA programs developed to meet the educational requirements of managers and executives, permitting students to earn an MBA (or another graduate degree related to business) in two years or less while working full-time. Entrants come from every type of organization; profit, nonprofit, government, representing a variety of industries.
Executive MBA students normally have a higher level of work experience, usually 10 years or more, compared to other MBA students. In response to the increasing number of Executive Master of Business Administration (MBA) programs offered, The Executive MBA Council was established in 1981 to advance executive education.
Full-time Executive MBA programs are a new category of full-time one year MBA programs focused at professionals with approximately five years or more. They are mostly offered in countries like India where the two-year MBA program is targeted at fresh graduates with no work experience.
These full-time Executive MBA programs are identical to one year MBA programs offered by schools like Insead and IMD.
Distance Learning Executive MBA Programs
Distance learning Master of Business Administration (MBA) programs hold classes off-campus. These programs can be offered in different formats, such as: non-interactive broadcast video, correspondence courses by postal mail or email, pre-recorded video, live teleconference or videoconference, offline or online computer courses, etc.
Blended MBA programs combine distance learning with face-to-face instruction. These programs are usually aimed at working professionals who are not able to attend traditional part-time programs.
MBA dual degree programs is a combination of an MBA program with others (such as an MS, JD, MA, MEng, etc.) to enable students cut costs (dual programs usually cost less than pursing two separate degrees), save time on education and to focus the business education courses to their needs.
This is normally achieved by permitting core courses of one program to count as electives in the other. Some school of business offer programs in which students can earn both a bachelor’s degree in business administration and Master of Business Administration (MBA) in five years.
Mini Master of Business Administration (MBA) is a term used by many non-profit and for-profit institutions to describe a training regimen focused on the fundamentals of business. In the past, Mini MBA programs have commonly been offered as non-credit bearing courses that require less than 100 hours of total learning.
However, based on bad reviews of these certificates, many institutions have now moved their programs to offer courses for full credit so that they may be applied towards a complete traditional Master of Business Administration degree.
This is to enable students to verify business-related coursework for employment purposes and still allow the option to complete a full-time MBA degree program at a later period if they want to do so.
List Of The Best Executive Master of Business Administration Programs In USA
- Northwestern University (Kellogg)
The Kellogg School of Management at Northwestern University does not require a Graduate Management Admission Test (GMAT) or Executive Assessment score for most applicants.
A Graduate Management Admission Test (GMAT) score is required if you did not earn a bachelor’s degree. Students come to the Executive MBA program with an average of 14 years of work experience.
- Yale University
Yale University’s School of Management requires Executive MBA applicants to submit a Graduate Management Admission Test (GMAT), Graduate Record Examination (GRE), or Executive Assessment score to be considered for admission.
Yale’s average Executive MBA student has a 3.69 GPA (undergraduate) and 730 GMAT score. Ahead of the program, Yale Executive MBA students has an average of 14 years work experience and an average starting salary of $133,250. There are three rounds of application which comes up in November, January, and March.
- Massachusetts Institute of Technology (Sloan)
Massachusetts Institute of Technology (Sloan) does not have testing requirements for its Executive MBA application, but the institution recommends taking the GMAT “if you feel your school transcripts do not accurately make up your academic abilities.”
The average Sloan Executive MBA student has a 3.48 GPA (undergraduate), 730 GMAT score, and 17 years of work experience. The program requires that students have a minimum of 10 years of relevant, post-undergraduate work experience to apply.
- University of Pennsylvania (Wharton)
University of Pennsylvania (Wharton) requires Executive MBA students to submit either a GMAT or GRE score, but the program will also accept Executive Assessment scores from applicants with a minimum of 8 years of full-time work experience.
The average Wharton Executive MBA student has a 640 to 740 GMAT score and 12 years of work experience. Students enter the program with a median base salary of $221,000 before enrolling. There are 2 admissions rounds yearly, one in December and another in February.
- University of Chicago (Booth)
University of Chicago (Booth) requires students to submit a score for one of three entrance exams: Executive Assessment, Graduate Management Admission Test (GMAT), or Graduate Record Examination (GRE).
The average incoming Executive MBA student has a 681 GMAT score and a minimum of 13 years of work experience.
Booth students usually have more than seven years of management experience. The school’s Executive MBA program has a current enrollment of 479 students. Prospective students can apply during one of five rounds yearly and is required to submit two letters of recommendation.
Final Words
Executive MBAs are designed for later career professionals who have already reached management or leadership levels. And as such, executive MBA students tend to be older than typical MBA students.
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