Business professionals who want more academic qualifications to advance their careers often have two choices: a Master in Business Administration (MBA) or an Executive Master in Business Administration (EMBA). Understanding which MBA program is right for you involves differentiating how the two programs work. Here’s more information about general and executive online MBA programs:
Program Structure and Student Lifestyle
A general MBA is a full-time immersive program that lasts for two years. Students participate in rigorous courses that require a significant time investment, prompting students to take leaves of absence from work. Since the students are full-time, they focus on more resource- and time-intensive coursework like group research and case studies. These programs also have opportunities for extracurricular activities like internships or research projects.
An executive online MBA program caters to mid-career professionals who attend classes during their free time, like evenings and weekends. The program structure allows executive MBA students to balance their work and school life by prioritizing their work and program schedules. The program has advanced classes for professionals who want higher management positions, like chief executive officer (CEO).
Curriculum and Concentrations
MBA programs offer a broader functional knowledge of business, preparing students for various entry-level and mid-level management roles. The curriculum covers core business basics, and students can specialize in finance, marketing, entrepreneurship, or other business-related fields. This curriculum builds leadership and technical skills for managing daily operations.
Since students pursuing EMBAs already have real-world workplace experience, the curriculum focuses on building skills and knowledge in strategic decision-making and advanced leadership. EMBA programs offer fewer concentrations than MBAs, but they dive deeper into core business concepts with a focus on executive management. The courses teach students how to adopt organizational planning and resource management skills for effective global competitiveness.
Admission Requirements and Student Profiles
MBA programs cater to students who want to advance to the next level in their careers. These are usually employees who need an added advantage when applying for low-level management positions. MBA students are typically young adults who have recently graduated with their Bachelor degrees. EMBA students are usually middle-aged adults with extensive experience in leading their respective companies in C-suite or other executive positions. They are focused on developing business management practices that propel their companies into new frontiers like artificial intelligence and blockchain supply management.
MBA programs do not require students to have extensive professional experience. General MBA students are a diverse group of mid-level professionals aiming to increase their knowledge of business management philosophy. Students need a Bachelor or undergraduate certificate to enroll in an online MBA program. Some institutions require applicants to pass the Graduate Management Admission Test (GMAT), but others deem it a non-necessary, supplemental qualification. EMBA students need more experience in real-world business than their MBA peers. Some companies pay the tuition fees for their employees, either in part or in full. EMBA programs prioritize industry experience and professional achievement but still require academic qualifications and standardized test scores. EMBA programs evaluate additional factors like career goals and leadership potential during the admissions process.
Career Outcomes and Advancements
MBA graduates pursue careers depending on their chosen concentration, industry interests, and personal goals. While this can advance their careers, they do not have adequate experience for executive-level positions in their respective companies. Some MBA graduates use their knowledge for entrepreneurship, while others use networks from internships to gain employment in new companies.
EMBA graduates use their knowledge to advance within the companies they already hold positions in. Some graduates become qualified to take on more senior C-suite roles in the future. Other students enroll in EMBA courses for immediate promotions, as the company may require a higher degree before they promote the individual to advanced roles in their organization.
Enroll in an Executive Online MBA Program
The convenience of online learning eliminates geographical barriers for executive MBA students who want to enroll in colleges at a distance from their work location. An executive online program empowers you to customize your learning experience to suit your current professional life. Search for an accessible and flexible program that helps you balance your responsibilities and advance your leadership and management capabilities. Contact an admissions officer today to learn more about enrolling in an online EMBA program.