Quote:
Originally Posted by nimesh_khatri
Hi,
I have been woring in an IT company for almost 3 years now and want to do an executive mba.
Is this the course for me or is it more of a course for people who have already done their mba and want to do an exec for specific reasons?
Please suggest
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Hi Nimesh ..have quoted below the thought of Amit choudhary , Senior Consultant , Mckinsey abt the executive programme ..perhaps that will answer ur question .
amit chaudhry, Senior Consultant, IML | Profile
In the past two decades, the number of Executive MBA Programs has grown tremendously throughout the world.
The Executive MBA Council, an association of more than 200 colleges and universities worldwide that offer Executive MBA Programs, tracks information about such programs. The number of its member programs rose from 124 at the beginning of the 1990s to 317 in 2006.
Why Executive MBA Programs, are gaining such popularity;
Designed for executives and business leaders, the Executive MBA offers the same foundation and rigor as any MBA degree and the added benefits of a convenient format and a built-in network of experienced business leaders.
Executive MBA Programs share some common characteristics:- They are designed to meet the educational needs of business leaders from all types of industries.
- Their format makes it possible for such leaders to earn their MBA in two years or less while continuing to work full time, and program services allow students to concentrate on their studies.
- Business leaders enter the program, complete classes, and graduate with the same group of students, giving participants the unique opportunity to meet and learn from each other.
- They receive an MBA degree after completing their course work, which mirrors the rigorous content of Full-Time MBA Programs.
- Many business leaders receive some form of tuition reimbursement to attend the Executive MBA Program.
- Taught by senior faculty members, the curriculum covers and integrates all functional areas.
Thees are a few reasons why Executive MBAs' are gaining so much popularity and growing at quite a healthy pace.
Other reasons for growth in this are:
Financial Benefits; According to 2006 Graduate Management Admission Council (GMAC) studies:- The percentage of students who were enrolled in Executive MBA Council member programs and received promotions increased from 34% to 43% in the last two years.
- The salary mean for students who entered the program was $108,392, but the salary mean for students when they left the program was $129,740, a 20% salary increase.
They are expected to make you complete leaders;
To bolster leadership abilities, many Executive MBA Programs are increasing their focus on strategy and leadership and on higher management functions. In addition, they are integrating the curriculum to ensure that students not only understand function areas, such as finance and marketing, but the ways in which the functional areas combine to strengthen an organization’s competitive position.
Many programs also are emphasizing skill development in key leadership areas, such as communication and negotiation. The changing focus of programs will remain consistent in one goal: to offer the knowledge and tools that participants need to become complete business leaders.
These are a few reasons why Executive MBA is gaining popularity. Well I am definitely going to join the race, what about you.
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