The fact that the Executive MBA degree gives serious advantages is an indisputable fact. Let’s see how managers after training can become even more successful leaders.
Intensive development of applied management thinking. In EMBA programs, the emphasis is on practice, and the specifics of the organization of the educational process allows students to immediately apply the skills they acquire in their work. Due to the richness of the course, students master new management strategies in a short time.
Formation of useful business and personal connections. During training, students have time to acquire valuable contacts in the business environment. This is especially interesting if the group is international. In this case, EMBA provides an opportunity to take the business to the international arena.
Experience exchange. Study groups are different in composition, but a strict selection guarantees a high professional level of all students. Talking to experienced management practitioners from a variety of backgrounds will help you rise above the routine and look at your business in a new way.
Leadership development. Students of the program not only learn to effectively manage a team but also build self-confidence.
New opportunities for prestigious employment in Russia or abroad, career growth and increased income. Let us dwell on these three advantages in more detail.
MBA Career Path
Successful senior executives, owners and chief executives of companies come to MBA Executive courses, and the issue of employment is not as relevant for them as for students of the traditional MBA program. Nevertheless, having a diploma, and most importantly, the practical skills that education provides, are highly valued in the world labor market. For an EMBA graduate, this is a good chance to get a top position in a more prestigious company at home or abroad.
Business contacts acquired during training in a group are of particular value. 46% of Executive MBA alumni believe that new connections will definitely help them in business and in life.
On the one hand, the issue of career is not the main one for Executive MBA students, because most of the program students are already at the top of the career ladder. On the other hand, for some students, career growth matters. For example, the head of a department after receiving a diploma has the prospect of moving to the position of a top manager or general director.
The importance of moving up the career ladder for a certain part of the students is confirmed by statistics. Among the graduates of the Executive MBA program “Strategic Management and Leadership” in 2016, 48% believe that training provides great benefits for career growth.
Changes in income after training Executive MBA at various business schools are reflected in the ratings. The results are not assessed immediately, but some time after receiving the diploma (two to three years). Statistics vary from school to school, but the average salary increase is at least 50%.
How to get an EMBA degree?
The first step towards obtaining an Executive MBA degree is choosing a business school and program. First of all, you need to decide on the country of study. The advantages of foreign business education are obvious, but not always relevant to the Russian business environment. Prices for education in top schools and universities in the United States and Europe are an order of magnitude higher than in our country. This choice makes sense if your further career plans are related to the international market. And if the career path is associated with Russia, then the choice of a foreign school is not always justified.
The predominant form of EMBA training is modular. It allows you to receive additional education without interrupting the work process. Modules are sessions of an average duration of four to seven days, which are held approximately once a month. Large Russian business schools conduct offsite modules in other countries (USA, Europe and Asia).
The content of the educational program is similar in most schools. Students study the classic MBA disciplines: strategic management, marketing, financial management, personnel management, leadership, etc., but the main focus is on practical work. Students analyze cases, participate in business games, computer simulations, training, meet with leading Russian and foreign businessmen - managers and owners of large companies. On foreign internships, students get acquainted with international business practices.
During the training, intermediate control tests are carried out. At the end of the course, students take a final exam and defend their thesis. After the successful completion of the program, the school issues the graduate with a diploma with the assignment of the Executive Master of Business Administration qualification.
Join India’s first and only Executive MBA joint degree program by IIT Bombay and Washington University in St. Louis.