WHAT ARE THE DIFFERENT EMBA PROGRAMS
Many people around the globe are pursuing their career in MBA (Masters of Business Administration) and EMBA (Executive Masters of Business Administration) but very few know the differences between the two and they take the two of them as the same thing. EMBA is often mistaken as a superior or ultimate form of MBA which is not true actually. They may be delivered in the same manner but are quite different in terms of graduation value and status. Many people chose EMBA over MBA because they don’t want to juggle between their job and classes as EMBA facilitate students with some concession in terms of studies, time, and effort. On the other hand, MBA demands full-time and focus with ample effort and efficiency. However, the selection between these two programs is entirely dependent on the student’s current situation and preference. The students who opt for EMBA are usually older and have ample experience in their hands whereas, MBA students are usually looking for a career change opportunity. To find out which one is better MBA or EMBA, read the below pointers. You will eventually come to know the difference between the two.
An MBA is a 2-year or 1-year educational program that requires scoring of GRE or GMAT assessments as a part of the admission process. MBA is more time and effort taking that requires constant concentration and the students with full-time and part-time jobs find it difficult to manage. It is specialized in areas such as banking, economics, and accounting and a core element of basic business.
EMBA is also a 2-year program that aims in the specialization of business executives with the 5 years of managerial experience. The students that enrolled in EMBA usually have vast experience in the field of business. Hence, it doesn’t teach the basics of business but aims at teaching the deep comprehension and causalities of business. It is usually a weekend program so students find it easy and can manage their job besides studies. EMBA offers few electives as compared to MBA.
- MBAs required less working experience and are focused more on GRE and GMAT scores with other academic records as compared to EMBA which is more appealing to the professionals, who have 5-10 years of experience in the field of business without any entrance exam.
- MBA is traditionally a 2-year program in North America and its regions and 1-year program in Europe. EMBA too has the same duration for completion of the program.
- MBA is self-funded with the range of scholarships whereas, in EMBA majority of the expenses were covered by employers.
- MBA requires intense networking, time, and effort. On the other hand, EMBA offers weekly interaction which doesn’t contribute to intense networking or full concentration.
These are some major differences between the two and I hope it will clear your misunderstanding about the concepts of the two. MBA and EMBA are different yet the same at some point.