Around the world there are different institutes and universities who offer MBA and EMBA courses. It becomes important for the students to understand the difference between the two courses. EMBA stands for ‘Executive Master of Business Administration’ and could seem a bit confusing to the individuals who are just starting out.
In actual fact MBA and EMBA are equal in terms of cachet and value. The only difference between the two is in the way the courses are pursued, and usually EMBA applicants possess more work experience. The changing dynamics of the economy at national and global level require intellectuals who can meet up with the generated demands. Jaro Education offers EMBA courses which include classroom lectures, workshops, seminars, group discussions and have an organic approach towards catering to the diversified demands of the corporate world. In order to have a better understanding between both the courses, let’s look at the two courses in detail.
MASTERS OF BUSINESS ADMINISTRATION
The applicantsapplying for MBA have less work experience, and a minimum score of 600 in GMAT is required. MBA courses are full time and emphasize on the GMAT scores and essays. The duration of full-time MBA has intensive schedules and it is impossible to continue a job along with this program. MBA students can specialize in a range of topics and have a variety of options available to them.
Another important factor for students who are planning to opt for a MBA degree is that the course is entirely self-funded. There are scholarships available but it is still important to factor in the fees, accommodation and the living cost. The lifestyle is completely student oriented which includes living permanently on or near campus, participating in extracurricular activities which offer extensive social experiences. MBA is a popular professional degree but might not be suitable for every student. Let’s take a look at the other popular option available to the students – EMBA.
EXECUTIVE MASTER OF BUSINESS ADMINISTRATION
EMBA course is for the working professionals with 10-15 years of work experience. The selection of applicants is not based on a score or examination. The selection is done by professionals with diverse work experience and the applicants must have an extensive business knowledge which they have picked up over their career. An interesting fact about EMBA is it could be part-time, on evenings, weekends and intensive weeks. Therefore, EMBA students stay in their current positions on a full-time basis (while they learn). The flexible learning which could be distance/online makes EMBA a preferable choice by a large number of individuals. Also, the majority or entirety of EMBA’s fees is paid by employers, who will in the near future benefit from the new skills attained by the candidate. Students this way will earn a full-time salary while studying and are generally required to commit a few years to the company upon completion of their degree.
EMBA students experience formal networking which is more intense and extremely beneficial for a future career in the corporate world. There are various institutes which offer EMBA courses and are student oriented. Jaro Education offers specializations in executive MBA courses which are affiliated by esteemed universities like they have IIM executive programs for working professionals and IIM certificate courses. Getting enrolled in an EMBA course promises dynamic growth with financial stability. The experiences become altering with your choice career and a proper research will prove more effective.