Have you ever considered studying an MBA (Master of Business Administration) degree? Before making up your mind, learn more about MBA, EMBA (Master of Business Administration) and the differences between them first.
These two prestigious business degrees are usually picked by people who want to become a successful businessperson as both could equip the learners with important skills, a valuable network and a higher degree. Students of either programmes are required to get minimum English language scores in tests like the Test of English as a Foreign Language (TOEFL). The curriculum of these two degrees are also similar. Yet, the two degrees are different in certain ways that you should learn first.
An MBA usually requires applicants to have less professional work experience (3 to 5 years). Applicants are expected to take Graduate Management Admission Test (GMAT).
For EMBA (Executive Master of Business Administration), the applicants they look for are usually professionals with more management or supervisory experience (at least 5 years). The students are thus usually older (with an average age of 38 years old).
Programme Duration and Pace
Most MBAs are usually two-year full-time programmes, but students can extend it to three or four years if they choose to study part-time. Facing such intensive schedules, full-time MBA students usually have difficulty maintaining a regular job.
EMBA is a part-time two-year programme and so the students can keep their current full-time job. The classes are usually organized on evenings, weekends and/ or in intensive weeks.
It should be noted that though the two degrees cover same core materials, EMBA usually offer fewer electives and students thus have same classmates in most classes.
MBAs are entirely self-funded though there is a wide range of scholarships available.
EMBAs are usually covered by the employers who consider it a form of valuable investment to train managers who could apply the new skills learnt in their job.