Without the right education to teach you the necessary skills and knowledge, becoming successful in the business world will be challenging. Pursuing your master of business administration (MBA) or executive master of business administration (EMBA) can help drive you toward a rewarding career or update your skills to make advancements in your career a reality.
Students who are entering the realm of academia are drawn to the MBA programs because of the richness of the curriculum and the chance to learn all aspects of the business world. For professionals, taking an EMBA program can help advance their knowledge and hone their skills to advance their existing careers.
Your choice of program, whether it is MBA vs. EMBA, will depend on your goals and your educational needs. Let’s take a closer look at the differences and benefits of both MBA and EMBA degree programs.
Master Of Business Administration
An MBA is a largely sought-after postgraduate degree that explores all the aspects of the business world. The courses include detailed instructions in marketing, advertising, sales, finance, human resources, ethics, and operations. This professional degree is recognized around the world as a premium education in business. The program is designed to incorporate the full range of business dealings and develop advanced skills and knowledge for its students. This program is offered in many formats, including a full-time schedule, part-time, and online.
Executive Master Of Business Administration
An EMBA is designed for professionals already working in the business world who want to upgrade their skills and update their educational qualifications. These programs are designed to accommodate students who are working by allowing them to take courses online and on a part-time classroom schedule.
Key Differences Between MBA And EMBA Degrees
– MBA: Master’s degree courses offered by the university offering classes on all aspects of the business world, including ethics and management
– EMBA: Postgraduate master’s program offered to professionals and executives to upgrade their skills
– MBA: Courses cover both theoretical and practical business skills.
– EMBA: Courses cover functional upgrades to existing skills.
– MBA: Full-time studies online and in-class formatting
– EMBA: Part-time studies available on campus, online, or through correspondence
– MBA: Requires three to four years of full-time study
– EMBA: Variable length of study depending on the chosen schedule but can be completed in one to two years
– MBA: Tuition fees for full-time on-campus studies can be expensive.
– EMBA: It offers affordable course options for a self-guided study schedule.
– MBA: Entrance to this program requires graduation from a bachelor’s program, including a minimum grade point average.
– EMBA: Entrance to this program requires graduation from a bachelor’s program, along with a minimum of on-the-job experience determined by the institution.
While both MBA and EMBA programs focus on business, the two courses are very different. Consideration must be given to the goals and direction one needs to take before enrolling in either course. An MBA degree is most commonly pursued by those who wish to enter the business world. An EMBA degree is a common goal for professionals who have experience and wish to upgrade their education and skills.