Posted By admin on February 11, 2012
Come out with an introduction to executive MBA programs with a description, their impact, types of commitment involved with risks and rewards to consider.
All corporations are well aware of the competitive advantage that they can gain with the right group of executives. It is then but a common occurrence for corporations to prefer to hire and keep valuable employees. One way employees may achieve such value is through executive MBA programs, which are increasingly becoming recognized by companies worldwide.
Executive MBA programs (EMBA) generally involve courses in corporate structure, leadership and change management. Compared to a traditional business school program, executive programs are more role-specific and tend to focus on the development of management skills. These programs usually involve a class structure with a planned curriculum appropriate to an executive setting.
Executive MBA programs are designed for professionals who want to strengthen their expertise. Hundreds of schools offer such programs for working executives who want to advance to a higher level in the corporate ladder. Managers who are eyeing an entrepreneurial C-suite role such as CEO, COO and CFO are generally the ones that take such programs.
Since these programs are largely focused on managerial skills, such programs are not recommended to business managers seeking a well-rounded and comprehensive degree. These programs will also not work for managers who do not have considerable working experience. One of the unique aspects of EMBA programs is the collective experience students in a class share, which greatly enriches the educational environment.
Much like a traditional MBA program, executive MBA program options are available for full-time, part-time, and on-campus or even distance learning styles. Since the workload of academics may prove to be too much, students are free to choose the duration of their program. Similar to other degree courses, students may choose a compressed or accelerated program that will dictate the duration of their degree.
Many companies recognize the low-risk and high returns of EMBA programs, which is why some companies require their high-ranking executives to pursue such programs. In fact, there are corporations that are willing to pay a portion of tuition for their managers. In return, the loyalty, knowledge and expertise of the manager are returned to the corporation.
Students of executive programs may submit an application for Graduate Management Admission Council MBA loans. However, traditional graduate school loans and grants may not be as easily accessible to students earning an executive MBA degree. Instead, financial assistance is usually provided by corporations instead.
The knowledge gained in earning an executive MBA can largely dictate the success and failure of a top-level manager in a highly competitive environment. Upon completion of an executive MBA degree, managers are usually immediately rewarded with an upgraded title. With more job responsibilities, an increase in salary definitely follows.
It is important to know that EMBA programs entail plenty of hard work along with trying to juggle corporate responsibilities. This may then restrict family lives and add stress to ongoing career directions. However, such programs are specifically designed to help students surpass such difficulties to prove that they are worthy top-level executives.
As more and more top-level executives head back to school to update their knowledge and skills, this goes to show that learning certainly does not stop at any age. Students of such programs all share a sincere desire to grow professionally. If you possess similar objectives and ways of thinking, an executive MBA program will be good choice to participate in.