Online Executive MBA (EMBA) Degrees
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See All AnswersThe Executive MBA is a graduate degree intended for working professionals who hope to advance their career into upper-level management positions. This degree differs from a regular MBA (Masters of Business Administration) because students are not expected to leave their current jobs or become full-time students; instead, the schedule is formatted to meet the needs of a working professional: weekly day-long sessions, or week-long sessions once a month, for example.
Students often complete their coursework in under two years and take all of their courses with the same cohort, or group of students, for the duration of the program. Emerging with this kind of MBA, graduates can expect to see significant increases in salary over time, many increasing well over $100,000 for top executive positions. Students who participate in an Executive MBA program will emerge with the same degree as those who took two years as full-time students in a standard MBA program; the coursework covers general management and business principles like finance, marketing, and information systems as in regular MBA programs.
Much of the MBA degree program focuses on the essentials of functioning in the business world, especially networking. The Executive MBA emphasizes this by establishing cohorts, so that students meet and connect with the same group of people throughout their EMBA experience. The program also emphasizes working in teams on projects and case studies to help establish interactive skills. Because EMBA students continue to work during their program, many continue on with the same organization after graduation. Most will find promotions and higher-paying positions with their current employer, but many will go on to start their own businesses or join larger firms in executive positions.
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| School | School Type | Annual Tuition | Recommend Rate |
|---|---|---|---|
| Grand Canyon University | For-Profit | $16,500 | 50% (136 reviews) |
| Colorado Technical University - Online Grad | For-Profit | $10,665 | 66% (9 reviews) |
| University of Notre Dame | Non-Profit | $39,919 | Add Review |
Career Specializations
- International Business - Most EMBA programs incorporate aspects of international business and offer coursework abroad for students hoping to specialize in worldwide business affairs.
- Information Systems - As technology and information systems rapidly advance, EMBA students are likely candidates for running and operating the new and rising businesses that provide these services.
- Marketing - EMBA students are trained in the principles of marketing and economics, and so can take on upper-level roles leading organizations in this field.
- Non-Profit Administration - Though fewer EMBA graduates pursue this career direction, some graduates apply their business training to taking on leadership roles in non-profit settings, supporting public policy or under-served causes.
Available Degree Levels
Master's degree: approximately two years to complete
Education and Certification Requirements
The Executive MBA is a prestigious degree that puts graduates in a good position for most business management positions. Because EMBA students maintain their positions with their current employers while in the program, much of what determines their future positions is their continuing experience with the organization on top of their education.
Prior to gaining acceptance into an EMBA program, a candidate should have completed a bachelor's degree in a business specialization such as accounting, management, or marketing. A high GPA, solid standardized test scores, and legitimate work experience will differentiate the most promising applicants.
Upon graduation, there is no additional training or certification required before EMBA holders can take on new employment opportunities. Unless graduates decide to shift into a drastically different field, the EMBA is qualification enough to move into upper-level management and executive positions in most firms.
Salary Information
The Executive MBA is a highly effective strategy for increasing one's career status and salary with their current employer or a future one. Many of the careers available to EMBA graduates offer salaries above $100,000, especially for top executives and technology managers.
Top corporate executives earn among the highest salaries offered by corporations. The median salary for executives, according to the Bureau of Labor Statistics, was $91,570. (BLS) However, for those working in computer- and science-related fields, the average salary was around $130,000. Salaries for management positions in information systems are around $115,150 on average. (BLS) Similar salaries can be expected for financial managers and marketing firm managers; in the non-profit sector, salaries are closer to $85,000 for upper-level management positions.
The Executive MBA Council also advises on their website, that 66% of EMBA students receive some form of tuition reimbursement from their employer which significantly decreases the amount of debt students are forced to take on and therefore increases the amount of money they earn for themselves - and does not go towards paying back student loans - after graduation. (EMBAC)
Job Outlook
In the economic turmoil of the last several years, many in the business community have worried that jobs for MBA graduates would shrink significantly and become much less available. However, it seems that MBA students have consistently been able to find employment in the field of their choice and jobs are growing with the average.
Executive MBA students are especially successfully because they are able to maintain their positions with their current employers. According to the Bureau of Labor Statistics, most upper-level executive positions are filled by lower-level employees who have achieved significant education and work experience with the organization (BLS). Once they have achieved that career level with their organization, they are then in a position to take on executive roles with other firms as well.
Those executive MBA students who do not take on executive positions but who advance their careers in lucrative fields like information technology will see even better opportunities for work and high salaries. Technological fields are growing at such a fast rate that new positions are constantly becoming available, and highly qualified applicants - like those with EMBAs - are likely to be offered high salaries.
Related Careers
Careers in business are not limited to people who have achieved advanced degrees like Executive MBAs. There are a number of business, finance, and marketing-related fields that can be explored, and may later lead to pursuit of an EMBA.
Accounting careers are one option for people who are interested in finance and are highly detail-oriented. Accountants can quickly gain an understanding of how the financial side of a business operates, which may lead to an interest in pursuing an EMBA and moving up the corporate ladder in finance.
Marketing is another field that allows interested employees to gain significant insight into how a business functions; a career in marketing is an excellent choice for a creative-minded person with an understanding or interest in markets and industries.
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