4 REASONS TO CONSIDER AN EXECUTIVE MBA (EMBA)
There are three main reasons why ambitious professionals choose to go back to business school. 1) To develop a strong professional network. 2) To further key knowledge and skills. And 3) accelerating career progression. However, many business school applicants are hesitant to take time away from work and family to pursue a full-time MBA. Therefore, time is just one reason why an Executive MBA (EMBA) is attractive for many professionals. An EMBA provides rigorous, specialized training, and can be completed part-time (sometimes in as little as 18 months).
1. You’ll earn a degree that adds value to your resume, company, and salary – without having to take a break from your career.
It’s a demanding program, but you won’t have to sacrifice your paycheck or risk losing your job. More importantly, you’ll be able to apply what you learn from your course almost instantaneously into your workplace. Ultimately, adding value to your company almost immediately. This will make for a strong case when trying to get your employer to fund your Executive MBA. Eventually, having an EMBA will put you in a strong position when it comes to negotiating future salaries and promotions.
2. You can position yourself for a big career change – in industry, function, or location.
If you’re thinking of pursuing a major career move, earning an EMBA could be the most important decision you could make. You’ll gain new skills and practical experience through case studies, live projects, or business simulations that will build your current expertise. An EMBA can help thrust your career in an exciting new direction. More importantly, you will also focus on developing and refining skills needed for success in a leadership role. You could gain higher level leadership skills in whichever industry you choose to go into.
Furthermore, if working overseas appeals to you, an EMBA could be an attractive option. An international EMBA can enhance your resume, open new doors and ultimately, allow you to create valuable connections all around the world. An EMBA overseas can give you insight into different markets and home-grown job opportunities.
3. You’ll enrich your professional network with diverse, fascinating, and successful people.
Your future EMBA classmates could not only become your valuable friends and mentors but could also become your future colleagues and collaborators. Your EMBA peers are also likely coming from different cities and countries brining a diverse range of skills and professional experiences to the classroom. This EMBA experience will allow you to benefit from their unique perspective and expertise on a very high level. You may learn alongside a successful tech entrepreneur from San Francisco, a senior scientist from Germany, or the CFO of a multinational company in New York City.
At this level of business study, you’ll learn almost as much from your peers as you do from your professors. Your professors, however, are also likely to be on a world class level with cutting-edge knowledge. The experiences that they have gained to become successful business theorists and practitioners, that they are passing on to their EMBA students are priceless. An incredible new insight into global business practices and an enviable network of connections will prove to be an important asset throughout your career and it all starts with your EMBA.
4. You’ll refresh your knowledge, hone your expertise, and deepen your understanding of what makes businesses successful.
Businesses are evolving at a rapid pace in this digital age. If you’re a professional who is a few decades into your career, it might be time to refresh your knowledge or upskill in new areas. On a personal level, you might also find it inspirational to go back to an academic environment. It might be appealing to you to challenge yourself by studying beside like-minded high-ranking professionals.
Similarly, if you’re someone who has primarily learned on the job, an EMBA could also be a perfect. It could be a way to enhance your credentials and hone your technical and soft skills. It would also ground your practical knowledge with a fundamental understanding of the different functional areas of business administration. The reason to study business at the EMBA level is to infuse theory with practice. This will permit you to fill knowledge gaps. An EMBA will also tackle some of the most pressing matters faced by business leaders of today.
Whether your reason to earn an EMBA is to refresh your skills or learn new ones, hone your knowledge in new areas, accelerate your career, or expand your professional network it will be worth it. The accumulative impact of earning an EMBA will be significant both personally and professionally. In an ever-changing and highly competitive global job market, enhancing your credentials with an EMBA could open exciting new opportunities. It could make all the difference in your career and ultimately in the world.