What is Executive MBA (EMBA)?

"The things taught in schools and colleges are not an education, but the means of education.”-- Ralph Waldo Emerson

People often confuse between MBA (Master of Business Administration) and EMBA (Executive MBA). MBA is basically meant for the freshers who do not have any business or working experience. In contrast, EMBA is mostly meant for the experienced and the working professionals to upgrade and update their skills and abilities for better career prospects. However, the admission to MBA and EMBA differs from institution to institution and from country to country. In some cases, students who have worked in industry for sometime with engineering background or other domain backgrounds also take admission into MBA. For admission into EMBA, the individuals must have already worked in the industry with managerial or business experience without any formal professional management degrees. In this context, let us briefly know about EMBA.


What is Executive MBA?

It is basically meant for aspiring managers in senior positions and also for the senior level leaders to hone their skills. It helps the working managers and leaders who do not have formal business and management training.

The first EMBA program was started by University of Chicago way back in 1943. The objective of the program was to impart managerial education to the working executives who had no formal management training. EMBA has undergone several changes since then.

In most of the cases, the companies send their loyal and experienced executives for these courses for taking up challenging roles and responsibilities at senior levels. Those who have ambition to become entrepreneurs also take up this course with their own money to become successful businesspersons.


Merits of EMBA:


• EMBA enhances corporate performance and productivity.
• It helps the companies to be creative, competitive and innovative.
• The participants of EMBA gain lot of ideas and insights from the faculties, colleagues and from the professional ambience.
• It also helps in exposing to cross industry experience and promoting cross functional skills, cross cultural skills and networking skills.
• It brings out behavioral changes among the participants professionally.
• It helps the executives to think differently from others.
• There will be several invaluable takeaways from this course.


Conclusion:

Graduation is not the end; it's the beginning."-- Orrin Hatch

As education is a life long learning process, those who pass out of business schools with MBA degrees and those who don’t have formal MBA degree should pursue EMBA for reaching senior leadership positions quickly.


The End