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Zimbabwe is well known for its export industry, which makes up about 60% of its national annual GDP. The country has 2,897,064 in its working class, which consists of both formal and informal workers. Out of those employed, nearly 75,323 specialize in social sciences, business, and law. Though the nation is going through a rough patch in recent times due to the COVID-19 pandemic, it is set to recover with a GDP growth of 4.6% in 2020 and 5.6% in the following year. Many Zimbabwean professionals are looking to upskill themselves to maintain their position and meet future demand. An executive master of business administration (EMBA) has been a hot topic of discussion and queries for many business professionals recently. This article discusses why one should consider pursuing an executive MBA and its benefits.
But before we begin, let us understand what an executive master of business administration program is and who it is intended for so that you can get a clearer picture of our opinion on the topic later. With that out of the way, let’s get on with it.
What Is Executive MBA?
Suppose you ever wondered what is executive MBA. In that case, an executive master of business administration or an EMBA is a unique business and management postgraduate program, unlike a traditional master’s in business management degree. The program tackles complex business and management concepts and allows students to specialize in niche specialties particular to an individual’s choice.
Who Can Take up This Unique Business Administration Course?
An EMBA is explicitly designed to cater to tenured business professionals looking to polish up and upgrade their skillset and possibly even specialize in an area of interest. EMBA programs are also shorter than a traditional MBA program and can also be pursued online to suit professionals’ needs.
Reasons Why You Should Consider an Executive MBA
Now that we have established a baseline knowledge for what an executive master of business administration is, let us look at various reasons why one should consider enrolling in an executive master of business administration program.
- Career Development
Those who enroll and graduate from an EMBA program primarily focus on their career development. Though the professionals who register have a considerable amount of field experience, the program also empowers them with advanced resources and skills to move up the career ladder.
Standing out from the pack as a qualified professional ready to take on an excel in projects marks EMBA graduates as an eligible employee to take on bigger and more pivotal roles, and this will allow you to get faster promotions within the organization and your sector.
- Gain New Skills
Learning is constant in human life. Every day, we are faced with unique challenges, which is especially true in the dynamic world of business. As the years go by, one will learn more concepts; however, an EMBA will be able to accelerate the process by introducing new and advanced concepts that will gain new skills that will aid you in your career.
- Reinvent Yourself
EMBAs cover a broad range of disciplines and concepts and allow candidates to specialize in a particular field. This variety will enable candidates to pick what they want to be and reinvent themselves professionally.
- Broaden and Improve Your Network
Those who enroll for EMBA also have the choice to expand and improve their network as they will connect with fellow students who are also tenured business professionals, faculty, alumni, and more.
When you graduate, you are also a member of an alumni network that allows you to beat the everyday challenges associated with executives’ networking and have access to potential contact who can help you professionally.
Many will invite graduates to conferences, discussion panels, and guest speaker events to meet top executives and learn about the latest business insights. Alumni networks give members access to leading companies who are keen to provide assistance and guidance to others.
- Adapt to a Dynamic Environment
The business sector is one of the most dynamic and eccentric places one can work. Traditional educational programs often fall short and become outdated in a short time. Meanwhile, an EMBA can help you fine-tune your skills to match these dynamic needs and ultimately help you adapt and succeed in the business world.
Are You a Good Candidate for an Executive MBA Course?
As we explained earlier, an EMBA is intended for those interested in upskilling themselves and taking their careers to the next level. But as one would guess, it takes more than interest to graduate from an EMBA program.
So what are the qualities that would make a right EMBA candidate? Here are the excellent qualities for an executive MBA course candidate to possess.
Candidates who intend to enroll for an executive MBA degree should possess certain qualities that would aid them in to successfully and effectively complete the program.
- Focus and Adaptability
Focus is an overall good quality; however, it is beneficial here as EMBA requires a healthy dose of focus to allow the candidate to learn and understand effectively as the concepts are much complicated. There is a small margin for error.
Adaptability is also critical as you will be balancing work and studies; there will be time crunches and other last-minute projects that you should adapt to and manage.
Being tenured professional candidates will be expected to exclude a high level of professionalism in everything they do. Be it a project, discussion, or presentation. You will be required to bring in your A-game everything while among your peers.
- Collaboration and Cross-Cultural Sensitivity
As business professionals, your ability to collaborate and maintain a high level of cross-cultural awareness and sensitivity is crucial to your business sector’s success.
Top Careers After Completing EMBA
- Financial Manager
A Finance Manager administers a company’s financial reserves. His primary responsibilities include budget planning, analysis, and allocation. His role also supports the executive management board by offering crucial insights and offering financial advice that will enable them to make the best financial decisions related to the business.
The average salary of a finance manager in Zimbabwe is around 17,069,375 ZWD annually.
- Management Analyst
A management analyst’s position is critical to large organizations as it involves the analysis of essential operating data, including expenditure revenue and employment reports. Management analyst professionals use the insights they gain from said reports to formulate effective solutions and recommend changes. They also oversee the execution to ensure the planned metrics and goals are reached.
A management analyst in Zimbabwe makes around 3,180,000 ZWD yearly.
- Information Technology Manager
An information technology manager is accountable for the administration, maintenance, and implementation of its computing needs. IT managers will ensure the secure and productive operation of all computer systems, hardware, related applications, and software used by the organization.
An average IT manager earns around 2,610,000 ZWD annually.
- Marketing Manager
A marketing manager creates awareness by generating and administering marketing strategies to meet consumer needs. Their responsibility includes managing internal teams, craft (or oversee) promotional messaging and products, and publishing or distributing them to the public through media, Print, advertising, and online media.
An average marketing manager makes around 400,000 ZWD annually.
- HR Manager
HR managers play a significant role in the management and growth of any organization. The Human Resource Manager will lead and direct the HR department’s routine functions, including Interviewing and hiring staff, administering benefits, pay, and leave, and enforcing the adherence of company practices and policies.
HR managers make around 339,000 ZWD annually.
- Business Consultant
Business consultants are generally involved in marketing, human resources, finance, management, and accounting. Business consultants are accountable for developing companies’ services by evaluating vulnerabilities and prescribing new and improved business solutions.
The average pay of a business consultant is around 3,070,000 ZWD yearly.
Consider Texila American University’s Executive MBA
In association with the University of Central Nicaragua, Texila American University’s (TAU) acclaimed EMBA program is presented to be on a par with our regular program. This EMBA program immaculately blends the flexibility of online learning with hands-on experience.
This blend of education and training is to get students ready to become effective business administrators with exceptional decision-making and problem-solving skills. Earning an Executive MBA will give students a better opportunity in the dynamic business sector.
Why Choose TAU’s Executive MBA Program?
TAU’s full-time executive MBA course is one of the best executive MBA programs on offer across Africa. Here are some reasons why it is one of the best executive MBA programs you can pick for your career growth.
- The full-time executive MBA course is a well-structured program based on an international standard curriculum.
- TAU’s executive master of business administration program offers an internationally recognized degree.
- The program equips the students to develop the best practices in operating small businesses and non-profit organizations. It also helps students to implement critical business solutions based on facts.
- The students will promote sound fiscal practices by analyzing financial statements and establishing accounting procedures for effective managerial decision-making.
- The program focuses on case studies, and Article reviews help students develop their learning experience by enhancing their knowledge practically.
- Capstone projects and Research work are also highly encouraged and part of the curriculum to enhance students’ experience regarding real-time business situations worldwide.
- The program also offers an extensive network of students from different nationalities and professional backgrounds to interact and gain extensive knowledge and perspective.
- The curriculum is delivered through state-of-the-art interactive patented block-based learning modules to provide the best learning experience.
With that, we hope you can get a clearer idea of why one should pursue an executive MBA course and be inspired to pursue it themselves.