There are several accredited MBA & EMBA programs offered by various business schools in the country. Navigating this landscape of business schools can be challenging and before one chooses one program over another, it’s important to know the differences between the two programs. At IBMR, we know how important choosing the right program can be for your career. So, to help you make an informed decision we’ve drafted this article to shed light on the core differences between MBA & EMBA.
In general, both MBA and EMBA programs hold equal cachet and value on graduation. Although, EMBA can be mistaken as the superior form of MBA, what really sets them apart is their purpose and delivery format. Let us take a deep dive into both of the programs and try to understand the core differences between them.
Executive MBA-
Executive MBA programs are usually for mid to high-level execs who are usually sponsored by their companies so that they can round out their skills and can work in higher levels of management within the organization. The course duration for EMBA programs is generally one year as the candidates require a more streamlined approach without delay in order to get promoted and get more tasks assigned to them once they have that check on their resume. EMBA programs are created to give business executives and managers the tools they require to advance their careers without impacting their current schedules and responsibilities. The candidates are required to have significant work experience to be eligible for this program.
According to a 2015 survey by the Executive MBA Council, only 25 percent of EMBA students are sponsored by their companies whereas 41 percent study EMBA without any corporate funding. The average age of Executive MBA candidates is between 30 and 40-years-old. These programs cover all areas of business including marketing, finance, operations, human resources, not-for-profit management, etc.
Traditional MBA-
Traditional MBAs are intended to be more thorough and academic in nature. The program covers almost everything from business theory to practical tools in order to give the candidates a strong base to begin their executive careers. Regular MBA programs are full-time and require a GMAT/CAT score for admission.
Sponsorship-
The EMBA programs of business executives are generally sponsored by the company as it is seen as a worthy investment for training managers who could apply their newly gained skills to their work. On the other hand, traditional MBA programs are self-funded where most of the students have to relocate to pursue their MBA career.
Mostly, whether students opt for an MBA program or an EMBA program depends totally upon their career dreams and future aspirations. Most MBA students are new to the corporate culture whereas EMBA graduates are most likely business managers who have been in the corporate game for years. They are looking to upgrade their managerial position with this EMBA program whereas students are hoping to start a career with their MBA program.
If you're looking for the best institute for MBA in Delhi, then IBMR, located in Gurgaon, is the perfect choice for you. IBMR takes a unique method to teach by combining presentations, case studies, field visits, projects, and assignments so that the students can consistently learn about operation and management. To enrol in IBMR, please visit their official website and check for the eligibility requirements for various courses and programs.