Developing a strong professional network, increasing key skills and knowledge, and accelerating the career progression are some big reasons why the ambitious professionals go to the business school. But, with time being an important asset, lots of people are reluctant to take out time from their family life and work to pursue the traditional and full time MBA degree. It is one of the reason why option of the Executive MBA is very important—it offers rigorous and specialized training for the career focused experts, but it is done part-time in just 18 months or so.

 

Suppose you are considering doing Executive MBA, you are many years in your career. It means that Executive MBA candidates will benefit from studying with the like-minded and established professionals with the diverse set of expertise and skills. They’re generally working professionals in the late 30s or 40s with a decade of knowledge in the industries. However, not all the midcareer professionals must choose the degree to excel in their career. Some will be better off in completing the specialized master's degree program or MBA degree program online.  Executive MBA experts generally weigh in what types of professionals that these programs generally attract or what students get from it.

 

Professionals who are looking for high amount of knowledge: The employees who are working for over 10 years and more have developed the core skills in the specific discipline. Suppose they wish to expand on what they actually know about the other fields, an Executive MBA can help.

Majority of these participants in the Executive MBA degree program have selected breadth on depth. Most of the Executive MBA programs educate the students on the fundamental principles of the business like operations, strategy, and marketing. Some of the programs might provide concentrations and specializations that allow the students to get the specific type of executive MBA field, like Executive MBA in the health care and more. Suppose students want to narrow down their focus, then other types of the degrees can be very appealing. The finance expert who would like to have the deeper knowledge in this area can pursue the master's in finance.

 

In such case, how the professional development like undertaking the Executive MBA course can help the managers to become the leaders as well as help to accelerate & transform the careers? There’re many benefits and features from undertaking the Executive MBA that can help in the career transition. And it includes:

 

Essentially it means an ability to think different and outside box. Doing the Executive MBA challenges the candidates to think in the positive, innovative and creatively ways while questioning the existing business assumptions that most organizations are generally following today. The students learn to envision the businesses of future and their career roles in them.

 

Managing Across the Organization 

Executive MBA is generally the generalist training and candidates will learn to approach the issue from different perspectives like Finance, Accounting, HR, Marketing, and Strategy. Knowledge, confidence and skills learnt encourages them to actually apply for the jobs up as well as across the organization and career transform to different sectors and organizations.

 

The simulations and case studies taught in Executive MBA courses don’t just have data about the business issue and thus, the students learn to deal with uncertainty and ambiguity while making and justifying the decisions. The case studies generally have conflicting information and thus, the students should make the trade-offs while making choices to manage the complexity. Doing it is important as it can help to develop the business acumen for the senior level jobs.

 

The softer skills include everything right from listening effectively to emotional intelligence and making the effective sales are important soft skills required for the career acceleration. These are addressed on Executive MBA courses by offering the specialist Workshops.

 

The noticeable trend is an increasing number of the candidate who would like to take the sole responsibility for the careers by starting the new venture. Some take this opportunity during the studies to develop the high-quality of business plan generally under an expert guidance of the academic supervisor and the industry advisors.

 

Building the loosely coupled peers network is regarded as the key success factor in career acceleration. The Executive MBA course will facilitate it in many ways like hosting events between the current students & alumni.

 

In a few cases, students might pursue an Executive MBA to change the thinking as well as approach towards the job. Students who are working at the nonprofits might have to learn to profit their organizations to survive.

 

There are many different options out there that might leave you thinking how much of weight you must give to the business school ranks in determining where you can get the Executive MBA degree. Like most of the things in life, there’s not any straightforward answer. The MBA degree from the big school going high in their rankings does have the greater cache, and may generate high employer interest & better job offer.

 However, not under any circumstance if you choose the school completely on their ranking. It must be only one factor among many other reasons. Pay close attention to whether your school is a right fit in the terms of the career aspirations.

 

The tuition fees for the Executive MBA programs are much higher than the regular MBA course and at times needs corporate scholarships. This is quite rare but some schools do provide scholarships to the applicants getting minimal and no financial sponsorship that covers 10 to 50% of tuition.

 

Typical length of this program in majority of schools is around 18 - 24 months. In order, to accommodate the working professionals who are juggling their family, travel, work, and academic pursuits, the classes are held on every weekend as well as combined with the online education with the weekly conference calls & quarterly residencies.