Choosing a right MBA specialization is a difficult task; especially as the plethora of courses and specializations are being offered by the universities and business schools around the world. A pragmatic and judicious decision of yours can easily propel your career to new heights of success.
Many students get confused between numerous courses that are presented to them. Today, we will try to clear a common confusion that students have when they are about to pursue MBA.
Executive MBA vs General MBA
One of the biggest confusion that most of the MBA aspirants have; what makes an Executive MBA different from a general MBA? Which one is the better choice? Which one will offer a more lucrative job? Such questions and confusions usually emanate from our mind.
Don’t worry, just keep scrolling and all your queries will be sorted here.
Some questions that will clear your doubts-
What are the objectives of both the courses?
The foremost difference between an Executive MBA program and afull-timee MBA program is the design and delivery. Former is mainly designed for experienced working executives, managers, entrepreneurs and business leaders who wish to pursue the course along with the job.
What are the requirements for both?
Work Experience is an important criterion that creates a difference between the two. On one side, a general MBA doesn’t require students to have a work experience but Executive MBA programs are specifically designed for the students having at least 5 years of managerial experience. A general MBA aspirant should have a decent GMAT score in order to secure admission.
How workload differentiates MBA and Executive MBA?
There is a major difference between the workloads. Full time MBA students havea full day, intensive schedules. It becomes tough for a student to maintain a job outside the program. In the case of the Executive MBA program, students maintain their jobs, and attend weekend classes. Both the courses have the stipulated time period of two years.
Do MBA and Executive MBA have entirely different content?
An MBA and Executive MBA have similar course content. Topics like marketing, strategy, finance form the pillars for the whole of the curriculum. The only difference between the two: An Executive MBA has a more advanced look on these topics as compared to general MBA.
Do both the courses have different fee structures?
The funding for both the programs are different in nature. For a general MBA programme, the fee is entirely self-funded. Although there are a wide range of scholarships available but they vary from university to university. In case of an Executive MBA program, the majority of costs are covered by employers. Some students self-fund while some EMBA scholarships are also available.
Should you pursue an MBA or an Executive MBA?
It totally depends on you. The requirements and work load of both the programs are quite different from each other. Admission requirements for both the programmes can vary from college to college. If you want an immersive experience, then a general MBA is the best option for you as the course is quite intensive in design. On the other hand, if you are already working in the management sector and wish to bolster your skills while doing your job, an executive MBA is the best option on your table.
Now, we hope that your doubts have been cleared. This is the perfect time to analyze your skills and step to an amazing life of the corporate world.