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The Executive Master of Business Administration (EMBA) degree program can change your business perspective and paradigm, boosting your skills and transforming your leadership capacity to exceed your current personal and global vision. An EMBA doesn't just open new doors, it can knock down walls. Depending on your EMBA program, you may combine international business education with international travel, work with mentors and business leaders from around the globe and build a new flexibility to explore your career options.
EMBA progbrams are organized around building a peer network and professional associations that extend beyond the degree program. The Executive MBA Council reports that more than half of the EMBA classes meet weekly or twice a month. Students average 37 years of age and have at least eight years of management experience. Participating corporations with one university EMBA program reported an 85 percent rate of achieving revenue gains surpassing the cost of tuition after students graduate.
Personal EMBA Gains for Managers and Leaders
Typically, EMBA programs take up to two years to complete in evening or weekend campus courses, online or in a hybrid mixing online and campus-based meetings. The average time to completion is 20 months. The EMBA program was initiated to assist working professionals and managers to update their mid-career skills and options without disrupting their business lives. Students get to test their newfound insights and skills in their immediate roles. You'll also discover a shift in focus from a current functional leadership paradigm to one of broad-based or global leadership.
Students are immersed in the latest business knowledge and best practices in industry associations, management and leadership development, financial or wealth management, negotiations, marketing, business strategy, technology and corporate governance. Healthcare is among the popular EMBA orientations today among working managers.
Typical EMBA Programs Coursework
Short courses, seminars, research projects and workshops make up much of the EMBA curriculum. Students typically work in teams. Often you'll begin by taking personal skills assessments to best tune the educational experience to meet your career goals.
Foundation MBA courses in accounting, information systems, statistics, finance, strategy, team building, marketing and management are part of the core curriculum. Other studies include:
Following core or fundamental courses, students often participate in off-site workshops in or out of the country where they delve deeper into strategy, operations and integrative management. Frequently workshops include discussions with experts in the management field, allowing students to probe industry-specific issues as well as build lifelong mentorships and personal associations with leaders.
EMBA Programs, Career Options, and Earnings
Students often see a progressive return on their studies before completing their EMBA programs. They may have a wider range of career options or move out of middle management into top-level roles following graduation. Salaries can vary by industry sector, the size of the corporation and your management experience/outcomes.
The U.S. Bureau of Labor Statistics (BLS) expects keen competition for top executive positions between 2008 and 2018. Many executives will be promoted from within the business organization; however, recruiters typically favor candidates with extensive management experience. Executives may hold titles like chief executive officer (CEO), chief operating officer (COO), chief financial officer (CFO), chief information officer (CIO), president, vice president and general operations manager.
In addition to earning an MBA, current managers can also benchmark their skills by earning project management or Certified Manager (CM) credentials. The best executive management opportunities in the 2008-2018 decade will be in the healthcare sector, according to the BLS. In 2009, executives at the top end of the pay scale earned more than $166,400.
EMBA grads may also take consulting positions as individuals or with a management assessment firm. You may want to focus on eCommerce, marketing, production management, financial operations, change management, human resource management, technology or investments. Investigate if an EMBA program can jumpstart a stagnant mid-management career or boost productivity at your current company.
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