Both the Master of Business Administration (MBA) and Executive MBA known as (EMBA) are established as international models for business education in both graduation and post graduation standards. The first MBA program was offered way back in 1900 and the first Executive MBA was started by University of Chicago in 1943. However, since then the popularity of executive MBAs has increased tremendously, as it gives give professional a way to enhance their skills, education level while being intact in their jobs: to be specific high profile jobs. Such fueled demand also raised the number and the variety of such programs which are specially designed for people who want to continue their jobs while earning a higher degree side by side. For such aspirants, the EMBA stands out as the best option available.
Now, there is wide range of MBA programs being offered by top institutes and universities for working managers and other professionals working on executive level. Options like evening class programs, weekend batches, distance learning has been made to accommodate the needs and requirements of working professionals. Some big organizations and corporations provide in-house customized MBA programs for their managers. Figures show that number of enrollments in execut9ive MBA has surpassed the number of people taking admission in regular MBA program. EMBA tend to enroll students who are experienced men and women with proven track record and established leadership qualities.
Faculty of such high profile business administration programs is more knowledgeable and experienced than the regular ones. As they have to teach students who are already established in their career and have deep, engaged knowledge of their field. The feedback and the results of such programs is instant as, what they learn can be implemented and tested in the practical working environment of their organization. In such an era of cut through competition the demand of having more profound leadership and strategic thinking becomes more critical, the value of such executive MBA programs also increases.
Executive Programs now offer more career service facilities
Executive programs require heavy investment of both time and money, and it's very rare that the employers support their employees enrolled in such programs with the financial aids, due to which career services has become an important part or component for students interested in Executive MBA programs. Such services cover career counseling sessions with experts, interviews with employers, workshops and seminars are being conducted on regular basis to answer the queries or any issues faced by the learner. Leadership and personality testing sessions are being conducted to work on the weak areas of the students.
All this hard work and dedication pays off well, as a survey done on graduating students showed that 43% students had received promotions in the organizations they are working in, and many other got selected for better high profile, high paying jobs.
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