4 Reasons to Choose an EMBA
A common predicament among prospective MBA students is whether to aim for an MBA early in their career or to wait it out pursue an Executive MBA once their career has had time to mature. On the one hand, an MBA early on can help business professionals to get an edge over the competition and possibly ride their way to success. On the other hand, there are real benefits to doing an MBA after some serious experience in the industry. Here, we lay out the pros of the EMBA pathway:
An Impressive Student Body
While the typical MBA student body is extremely talented and outrageously ambitions (all great things in an MBA classroom), EMBA students are likely to blow them out of the water. With the extra years of experience it takes to qualify for an EMBA, these candidates will have the experiences, know-how and professionalism to back it up. That means better class discussions, greater contributions to the classroom environment and ultimately, a more valuable network of alumni.
Work While You Study
We’ve all considered our MBA fees in terms of opportunity cost. With an EMBA, students are expected to work full-time as they study. The typical evening and weekend study schedule allows students to immediately test and apply new knowledge and techniques at a real company. As an added bonus, your employing company is likely to notice and up your value in the company.
You Company May Foot the Bill
For a top-notch EMBA, you’ll pay the price (In 2014, tuition fees for the Wharton MBA were $181,500). Because students are expected to work full-time while completing an EMBA, the possibility for company-sponsored study is out there. The prospective savings are incredibly enticing, but do resist the temptation if your plan is to make a career shift or change companies upon graduation.
See Tangible Results
An EMBA embodies all of the ambitions of business success. The plus side? In addition to the soft and hard skills acquired during the program, EMBA students consistently report progress at work and substantial pay increases. According to the Executive MBA Council, in 2013 the average pay increase of EMBA students was 14% from program start to program end. An additional also 51% reported getting more responsibilities and 38% reported receiving a promotion during that time.
Ready to consider an Executive MBA program? Browse a list of EMBAs!