Either it is a tenured business professional looking to move up the career ladder or an aspiring business professional, it is highly likely that a master of business administration (MBA) degree is on your mind. Have you ever come across a term called “Executive MBA” (EMBA)? There is always a conflict in choosing EMBA vs MBA.
What Is Executive MBA?
The meaning of EMBA is often misunderstood by many as an entirely different program. As the name suggests, an executive MBA degree is a one-year course for professionals with work experience of 5 or more years. You don’t need to leave your job or professional career to complete this EMBA degree as you can pursue online from reputed universities like Texila American University.
An EMBA program provides candidates an in-depth perception of international business operation protocols, strategy building, and process analysis. It empowers students to process and solve global business challenges with a high level of confidence and knowledge. Especially, the working professionals require a propulsive chance to take their career forward would gain enormous benefits from an EMBA program.
Business Management Degrees
In a traditional MBA degree, you need to attend a two-year program to extend to 3-4 years if you select a part-time degree. For this degree, you don’t need to have prior work experience. Still, it is necessary to give the GMAT paper (Graduate Management Admission Test) or an equivalent test plus a bachelor’s degree.
An MBA degree program is crafted for creating business professionals. It primarily starts by covering general business principles, including marketing, economics, accounting, and finance. Then, it further specializes in the chosen field later on. In a nutshell, the MBA offers snippets of business and management skills required to get the mind up and to run on business fundamentals in a complete package. It is also a great program to accelerate your business acumen and network with like-minded professionals.
What are the Pivotal Differences Between an EMBA and an MBA degree?
The difference between the MBA and Executive MBA seems limited at the surface. When you look into it deeply and examine EMBA vs MBA placed side by side, you will spot various unique approaches between an MBA and executive MBA program and understand the full picture. To help you know better, here is the direct comparison of an EMBA vs MBA:
- Approach to Learning
The learning approach of EMBA vs MBA is different as it is targeted toward diverse candidates.
While an MBA is traditional, it covers business management basics and then proceeds toward the candidate’s chosen specialization area. An EMBA, on the other hand, is focused more on exploring complex niche topics head-on from the beginning.
EMBA programs focus more on case studies and in-depth analytical interpretation of the data in a tenures professional’s eyes.
- Program Duration and Types
The significant differences regarding an EMBA vs MBA regarding duration and type are that a traditional MBA degree takes two years, while an EMBA only requires one year.
In discussing the different types of MBA and executive MBA programs, an MBA program can be undertaken by candidates in a full-time, part-time, or online format. An EMBA can also be pursued in all those modes. However, choosing online would be the best option to complete this degree without leaving your job.
- Program Structure
The program structure of EMBA vs MBA is where we can see the most significant difference. An EMBA program is uniquely flexible and doesn’t require candidates to alter their lifestyles to meet the program’s demands. In comparison, a traditional MBA would need you to go through various trimesters sandwiched between internships to complete the program.
Besides, in MBA, you can choose a specialization from a number of options that can help get specialized in the core subject. On the other hand, EMBA does not have any specialization but offers all the skills a manager or decision-maker of an organization needs to manage operations efficiently.
Eligibility is also a significant deciding factor for a candidate to pick between an MBA vs EMBA. An EMBA, in most cases, requires a candidate to have at least five years of experience in their chosen field of specialization, while an MBA does not require any work experience.
Is Executive MBA Better Than Regular MBA?
To be blunt, yes, it is in many senses better than a traditional MBA program. However, the bar of entry for an EMBA program may not be reachable to all MBA aspirants.
An EMBA program enriches students with a more in-depth knowledge of business management, process, markets, and tools. This, coupled with lesser effort and time, makes EMBA a better overall package, especially for tenured business professionals looking to up their game.
However, a traditional MBA is not a bad option either as it serves as an excellent refresher program for those looking to make a make in the business world. An MBA also has the advantage of being available in full-time, part-time, or online courses for those looking to pursue their degree while they work.
What Should You Choose?
The choice is straightforward if you are a working professional, such as CFO, business owner, or manager, then it is logical to pursue an executive MBA degree. If you don’t have the relevant experience, then the traditional MBA is the right choice.
Is an EMBA the Right Fit for You?
For tenured professionals, they have both EMBA and MBA programs available to them. They can either opt for an EMBA or an MBA part-time. But, for business aspirants who are starting up, they will have to opt for an MBA program. However, they do get to pick between a full-time or a part-time schedule.
Where Can You Pursue an EMBA Degree?
In association with the University of Central Nicaragua, Texila American University (Texila) offers a range of online programs for working professionals. Its EMBA course is a one-year, online business administration courses. Texila combines various management skills and the students’ latest knowledge more interactively through its patented block-based learning management system known as BRICS. The program will enable students to face the business environment with a lot of confidence and kindle their underlying skills to meet global business challenges.
Why Choose Texila for Your EMBA Program?
- A vast network of students from various professional backgrounds and nationalities
- Adaptable online courses which are on par with on-campus programs
- Interactive and easy-to-pursue courses with block-based learning modules
- Internationally recognized business administration courses
- International standard curriculum that traverses your true potential as a business professional independently
What Do You Gain from This EMBA Program from Texila?
- An opportunity to develop a sound managerial and decision-making capacity
- Analytical reasoning and critical thinking skills
- Strategic planning and Focus oriented goal-setting expertise
- Unique out-of-box thinking and elevated innovation skills that set our candidates a class apart from the rest
- Excellent leadership and soft skills required to succeed
What Are the Career Opportunities Aspirants Can Expect?
EMBA graduates of Texila’s program can perform in various job roles effectively and be successful. EMBA is a popular management degree across Botswana and the continent of Africa. Upon completing an EMBA degree, you will be packed with skills that allow you to take up roles such as:
- Project Head
- Chief Executive Officer
- Chief Operating Officer
- Chief Business Officer
- Managing Director
And the list goes on!
Scope for Graduates with Business Administration Degrees
Botswana, known for its diamond export business, is one of the fastest-growing African continent economies. Its economy attracts many foreign investments. With its new open economic policy, it is expected to bring in more organizations from all over the world, requiring highly qualified professionals to manage efficiently.
The government’s economic diversification drive aims at providing better support for the local production of goods and services. As part of the diversification process, eight special commercial zones have been identified. The Revitalization Program grants incentives to firms to fund in preferred industries. And the cluster development initiative seeks to improve business value chains, productivity, and competitiveness in five more sectors.
Thus, taking up an EMBA degree can help you acquire those opportunities and reach better places in your career. If you are eligible to take up the EMBA degree, you can happily go for this degree as it saves time and provides you with the required managerial skills.