How is an executive MBA different from a conventional MBA?

There are hundreds of MBA and EMBA programs offered in B-schools around the globe. EMBA simply stands for Executive Master of Business Administration, which is commonly misconstrued to be a superior form of MBA study. In actual fact, the two are pretty much equal in terms of cachet and value on graduation but they are delivered in entirely different ways. Application requirements: EMBAs are catered towards working professionals with extensive work experience generally in the region of 10-15 years. During the selection period, EMBA admissions teams look for a varied professional background and with diverse work experience. It is assumed that applicants will already have extensive business knowledge picked up over their career. Thus they are not usually required to sit entry exams although applicants without Bachelor’s degree may require a GMAT score. Also, the two are different in terms of fees, lifestyle, pressure, learning and pace.

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Well, I would like to thank you for providing me with the opportunity to answer this question. In conventional MBA, the candidate has to bear the responsibility entirely regarding the subjects taken in the specialization for two years full-fledged course.The candidate has to stay on the campus for 2 years and complete his/her course. On the other hand, executive MBA is for working professionals. Those who have a solid track of experience, but stuck in a certain position for a number of years, this course will provide an immense enhancement in terms of knowledge and hierarchy. Executive MBA has multiple options for the working professional, hence, they can continue their studies and simultaneously work on a competitive basis. Well, it varies from college to college in which the candidate is seeking admission for conventional /executive MBA.

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EMBAs are catered towards working professionals with extensive work experience generally in the region of 10-15 years. During the selection period, EMBA admissions teams look for a varied professional background and with diverse work experience. It is assumed that applicants will already have extensive business knowledge picked up over their career. Thus they are not usually required to sit entry exams although applicants without Bachelors degree may require a GMAT score.

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An EMBA is often mistaken for being a superior version of its better-known counterpart the MBA. In fact, the two are very similar in terms of content, prestige, and value to employers. But the two programs are delivered in very different formats, require different levels of commitment, and serve different career aspirations. Length and schedule An MBA, or Master of Business Administration, is a general management degree. There are one and two-year programs but both tend to be full-time and require you to be on campus. EMBA stands for Executive MBA and is also a general management qualification but are typically part-time programs that take between two and four years to complete. Full-time and part-time are often thought to be the defining difference between MBA and EMBA. In fact, there are many other significant differences. Student lifestyle Due to the full-time nature of MBA programs, they require a huge commitment in terms of a change in lifestyle. You will need to give up working for the duration of the program and, if you're attending a global business school, you may need to relocate to a different country. A full-time MBA is an immersive graduate experience that requires total commitment. EMBAs are not only part-time but are designed to enable people to continue to work as they study. How classes are scheduled varies from school to school and which suits you best will depend on your work patterns. A full-time MBA is an intensive, immersive program, whereas the flexibility of an EMBA is designed to help students balance work and family with their studies. With an MBA, many students choose to relocate to wherever there is a school of choice, but EMBA students are usually in full-time employment so they are more restricted as to the location of the school. Our EMBA students tend to attend a campus closest to home that they can easily travel to once a month. If students are travelling abroad for work, they may choose to complete some modules at one of our other campuses, and they have the option of taking electives at other campuses around the world too if they want some on-the-ground international experience. Most of the schools won't have this sort of geographical freedom, but their programs will still be designed to support those in full-time employment.

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The difference is in the following parameters: Length- Regular MBA is of two years, Executive MBA is of one year in most cases Rigor- Both are at par as in regular MBA you are taught a lot more subjects and the internship component, assignments, mandatory credits, dissertation are very stringent. On the other hand in an executive MBA, the program is condensed into one year but the internship component is not there in most cases Cohort- The regular MBA program in India has candidates with zero to even 5 or 6 years of experience. Around 60% of the batch at top b-schools has less than 2 years of experience, meaning a much younger age of the cohort. In an executive MBA program, the median age is around 30, which means vast industry experience of the candidates Expectations- In a regular MBA, you have campus placements as an inherent part of the program. Most candidates are looking for a career switch from tech to managerial or are looking to start a career in particular domain. Whereas, in an executive MBA program, the seasoned professionals are looking for leadership positions in the same domain or function they are working. They are not necessarily looking to take a different career path

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In a conventional MBA course, you are taught management lessons right from the grass root level. The curriculum is so designed that one gets to learn all starting aspects of management as well as the subjects which are connected to it such as Finance, HR, etc. whereas Executive MBA is generally meant for Entrepreneurs seeking to gain a more structured and relevant understanding of the current business environment, Working professionals with specific functional responsibilities and aspiring for larger roles. Working executives seeking to prepare themselves for managerial positions and accelerate their career aspirations in national and multinational organizations.

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Executive MBA is an intensive one-year residential or distance learning or combination of residential & distance learning program created specifically for professionals with 5 years or more work experience. Executive MBA provides students with the same solid foundation in key management concepts and disciplines as a two-year fulltime MBA. Executive MBA course work is build on the basis of that students will have diverse and extensive work experience by virtue of which they will able to related to management theories and concepts. Executive MBA is rigorous as syllabus of two year is compressed in one year. As syllabus of two years is compressed in one years, students occasionally miss rigor of 2 years full time course. Because of time duration case studies covered are lesser. Also students on the job training assignments with corporate are of shorter duration. Students may feel the do not have time to grasp all concepts being taught.

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Some major differences in an Executive MBA are: 1. Easy admission process some institutes may not have an open test as well 2. Shorter duration 3. Mandatory requirement of work experience of min 3 years 4. Curriculum is short 5. Fee is less 6. No opportunity for campus placement 7. No regular full time classes 8. Evaluation process is simpler

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