The Growing Demand for Executive MBAs

As a professional with several years of management experience, you are aware of the fast pace changes in the marketplace brought on by technological advances. You know the importance of learning new skills and techniques that advance you in your career path. How can you keep pace with new technology, new management skills, and the newest techniques to expand your team building and communication skills while working in your current position?

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The need for a program of study that can integrate real world changes and challenges relevant to your business is one of the needs fueling the growing demand for executive MBA programs throughout the world. With an executive MBA you have the opportunity to engage in accelerated executive MBA programs while continuing to advance your current career. As you immediately begin using the knowledge gleaned from your classroom and network opportunities, you and your employer realize huge benefits.

Demand for executive MBA graduates are found in a wide range of fields including:

  • Business Management Consulting
  • Financial and Accounting Services
  • Business Marketing
  • Advertising
  • Public Relations Administration
  • Investment Management and Banking
  • Healthcare Industry
  • Non-Profit Management
  • E-commerce and Mobile Marketing

Executive MBA degrees are growing in popularity. Unlike many graduate programs that find shrinking employment opportunities, demand continues to grow for executive MBAs despite a struggling economy. This is due to the unique blend of experienced professionals found in top executive MBA programs. Top executive MBA programs include experienced business leaders from a wide range of industries, cultures, and regions. Demand for top executive MBA programs is found throughout the world.

Over one-quarter of executive MBA programs are outside the United States. This offers students insight into a wide range of cultures and identities through enhanced networks. In an ever-increasing global economy, many businesses are aware of the need for greater cross-culture exchange and understanding when expanding their business operations. Students may attend an executive program at home or abroad and exchange cultural insights with a network that they can access long after graduation.

The demand for executive MBAs increases as organizations realize the immediate benefits of sponsoring an executive MBA program for top line managers. The Graduate Management Admission Council reports that organizations can easily expect a return on investments within seventeen months from the time a student starts MBA studies. A Typical executive MBA program lasts 18-24 months. This presents organizations the real possibility of a return on sponsorship investment before a student finishes the full program. With executive MBA program options worldwide, businesses can find a quality executive MBA option anywhere. The entire program is completed in two years or less while both the student and organization continues to grow and reap the benefits of the latest techniques and communication developments. Even with the accelerated study schedule, a graduate has the benefit and knowledge base of a traditional MBA degree as well as the huge advantage of a solid network of peers and associates with decades of experience to share.

Is this MBA option right for you?   For the individual ready to advance their career from functional manager to an executive position, you need to know what to look for when deciding if going back to school is right for you. This program allows you to pursue your studies while remaining on the job and applying what you know to improve your chance of advancement. The flexibility of this specialized course of study encourages the development of skills involving innovation, creation, and implementation needed to allow organizations to remain current and up-to-date. Executive MBAs are created with the ability to adapt quickly and efficiently to changing business. As such, the demand for quality leaders with the ability to keep pace with technology will continue to feed the demand for executive MBAs now and in the near future.

Executive MBA Career Guide

An executive MBA is tailored to meet the needs of those who already have careers. These degrees are often sought to enhance the student’s career, either by allowing them to move higher in their current corporation or by giving them opportunities elsewhere.

One of the things that makes an executive MBA so valuable is the wide range of subjects learned under its umbrella. MBA programs include classes in accounting, economics, operations and supply chain management, and marketing. They also cover aspects of business like organizational management and project management. These leadership-oriented classes are often just what employers are looking for when they seek new managers.

Some MBA classes include plentiful team projects and other collaborative efforts. This provides essential practice for working in groups and taking on various roles. Those seeking to become high level managers or executives will find this training to be very helpful as they navigate the corporate world.

Once basic courses are covered, many MBA programs allow students to specialize in one or more of the aspects of business management. This is great for those who will be taking a position with specific duties. Those who intend to start their own businesses may want to cover multiple aspects of business administration in further depth.

 Potential Wages for EMBA Graduates

The Bureau of Labor Statistics Occupational Outlook Handbook lists many positions that MBA holders may be interested in along with possible wages for these jobs. Among these are:

  •  Marketing managers – $112,800/year
  • Property managers – $51,840/year
  • Financial managers – $103,910/year
  • Medical managers – $84,270/year
  • Personnel managers – $99,180/year

Of course, the Bureau’s figures are not guarantees of earnings. They are simply guidelines to suggest what is possible in these positions. Specific qualifications, local employment conditions, and the policies of individual companies all contribute to the wage that can be earned in any particular situation.

 Executive MBA Programs

Executive MBA degrees, also known as EMBA degrees, are offered by many universities in the United States and elsewhere. Many of these are offered through traditional offline classes, but there are also online executive MBA programs available. Here are a couple of examples of programs that are available:

  • The E. Philip Saunders College online Executive MBA experience is flexible, interactive and preferred by executives who find they work best outside of the conventional school framework. With online education, you have the freedom to access course content, post discussions and brainstorm with peers whenever it is most convenient for you, from wherever you feel most comfortable.
  • Online Executive MBA Program is just one example of how the internet has modernized graduate-level education. This program lets students make a business plan and implement it as they acquire the educational tools to do so. Professional coaching helps to ensure success both in the real world and in class settings. An online EMBA from WSU can be obtained in as little as 18 months.

With all of the potential benefits, it’s no wonder that the most popular graduate degree in the world is the MBA. Executive MBA programs are made to work around your existing career schedule to allow you to improve your skill profile without the need to take a sabbatical. This makes them especially valuable to those who are already in the corporate world.