Executive MBA programs

Executive MBA programs started in 1943 and were exclusively intended for executives from large corporations. Today, participants of Executive MBA programs come from organizations of all industries and magnitudes – manufacturing, IT, law, science, and NGOs. Executive MBA programs are aimed at experienced professionals who are working full-time and want to increase their managerial and leadership skills.

Why take an Executive MBA degree?

The main reason for completing an Executive MBA is to obtain a position in higher leadership. For candidates who are well-poised for a big promotion, but lack the necessary skills, an EMBA is an excellent means of achieving their goals. The second categorical group of EMBA candidates is future entrepreneurs. This type of candidate has advanced knowledge in a specific area and intends to start their own business.  In providing a broad knowledge base on problems that organizations from different industries are facing, an EMBA program gives graduates access to an increased range of career opportunities.

What does your employer gain?

After getting the coveted EMBA degree, graduate return to their workplace equipped with various managerial and leadership skills. In the case of EMBA programs with an international approach, graduates will also be equipped with the experience of working abroad. This is the exact type of manager companies look for, since he/she is able to bring theory into practice in order to solve business issues and look at the problems from leadership perspective.

How is the program structured?

Unlike MBA programs which can be full-time, part-time and online, an Executive MBA is typically a part-time 2-year program as candidates commonly work full-time throughout. Classes usually take place once per month during a whole weekend and consist of different types of business training such as projects, real life cases and workshops which require an active interaction in a class room. Modular programs which offer classes in week-long blocks have also become a popular alternative for their flexibility.

Preparing yourself for an executive position

Executive MBA programs focus on improving participants’ strategic thinking: teaching them how to apply various managerial theories to solve business problems and be able to perform critical analysis. Another critical aspect of the program is the development of leadership skills, such as team building, which is crucial for managers in top positions who have many responsibilities to cope with. Generally, candidates can select a specialization in the program, depending on their specific personal and professional goals.

Improving the “language of business”

All executives require a robust and comprehensive understanding of financial statements. Executive MBA programs are focused on allowing students to gain common knowledge in reading and understanding cash flow statements, income statements, balance sheets, rather than on accounting on a professional level. This is a crucial practical skill that helps to executives to accurately interpret financial results, assess an organization’s current state and recognize potential challenges.

Are you the right candidate for an Executive MBA?

Taking an Executive MBA degree brings many career benefits but it also requires time. Before applying make sure that you fulfill the following criteria:

• Have a Bachelor / Master / PhD degree in any discipline
• Working experience of minimum 5-10 years
• Have been in a managerial position
• Have the opportunity to move up in an organization
• Lack the vital managerial and leadership skills to become a top manager
• Willingness to fully commit to a program

If you have necessary experience and ready to invest time then the Executive MBA is a perfect match for you.