An Executive MBA (EMBA) is a degree program similar to a Master of Business Administration (MBA) program but specifically designed for corporate executives and senior managers already in the workforce. EMBA programs enable executives to earn the degree while continuing to hold their existing jobs, and typically, EMBA students are relatively senior in their fields and possess considerable work experience before entering the program.
EMBA programs are designed for students who are further along in their careers and want to continue working full-time. The program for senior professionals with managerial experience (typically 10+ years) often resembles an EMBA program. EMBA programs are not cheap and can cost as much as $200,000.
Key differences between an EMBA and a traditional MBA program include the following:
- EMBA programs are designed for experienced professionals who are about 10 to 15 years into their careers, while MBA programs are designed for students at any point in their career.
- EMBA students tend to continue working while pursuing their degree, so classes are typically scheduled outside of normal business hours, while MBA students may attend full-time, part-time, or online programs.
- EMBA programs are more intensive, allowing candidates to complete their program in two years, while the same time-frame is typical of a traditional MBA program.
- EMBA students tend to have higher salaries and receive promotions during the program compared to MBA students.
In summary, an EMBA is a graduate-level degree program designed for experienced corporate executives and senior managers who want to continue working full-time while earning their degree. EMBA programs are more intensive and expensive than traditional MBA programs and are designed for students who are further along in their careers.
