Differences: Executive Masters of Business Administration vs MBA
International business, generally used to describe the interaction between and among global...
An MBA (Master in Business Administration) or EMBA (Executive Master in Business Administration)? When delivered by highly-ranked accredited business schools, both programmes open doors to new opportunities and career successes.
They offer similar learning to create real value for business executives, such as high-level management skills, strategic analytical skills and leadership skills. The practical differences rest with who they are meant for, and how and when they are taught. So the answer comes down to who you are and how your life and career fit with an MBA or EMBA programme.
Here’s an overview by Mantissa College to help guide your reflections. Mantissa College is a specialised business college based in Kuala Lumpur. Both our MBA and EMBA programmes consistently produce quality graduates to the marketplace.
The 4 parameters we looked at are:
1) Participant Profiles
2) Time investment
3) Subjects addressed & other benefits
4) Employment rates & salary impact
What is the typical profile of a participant in an MBA or EMBA?
Some people take an MBA after working only a couple of years or even directly after their undergraduate studies. They could be as young as in their mid-20s, with little or no management career experience. For them, the MBA is seen as boot-camp preparation for a selected career goal. However, we recommend getting at least 5-7 years’ professional experience under your belt. Everything you learn will be more relevant. You’ll be able to consider your learning through the lens of your experience, and reflect back on your prior interactions with new insights from your MBA learning.
Executive MBA participants are usually a bit older at 35-40 years old, with typically about 12-15 years of management experience. Part of the reason they – and their employers, who are frequently footing the bill – choose an Eexecutive MBA rather than an MBA is to be able to study in parallel with their work. Getting away for one or two years for an MBA can be complicated for these candidates who are older and more established in career and life. The full immersion experience is also perhaps less necessary: EMBA participants are usually looking to solidify the career path they are on. By contrast, many MBAs seek the experience to launch in a new direction or find the path that’s right for them.
How much time do you invest in an MBA or EMBA?
When you think about the time you spend on an MBA or an EMBA, you are in many ways hitting on the biggest difference between the two programmes. But not for the reasons you may think. It’s not how long it takes to get your degree that matters, but rather how you spend the time getting your degree.
Most MBA programmes are taught usually over 12months - 24 months. By contrast, EMBA programmes are built on some combination of modular courses, evening classes and distance learning.
To take an MBA program for 12months - 24 months means making some important decisions. You will need to focus on both your carrer and study at the same moment for quite some time. There’s a good chance you’ll need to move at least temporarily to take the program of your choice. Do you have a young family who will be affected by that move? Aside from the financial impact (cost of the program, living expenses and loss of salary during your time away), the time investment is not insignificant.
What do you learn in an MBA or EMBA program – and what are the benefits beyond the classes?
“MBA programmes must deliver the technical competence that allows executives to assess the state of a business and devise an adequate response,” says Dr William, Mantissa College Principal and Founder. “These skills and context knowledge must be based on sound theoretical foundations, empirically tested across diverse industrial and cultural settings, and be integrated and ready to meet the requirements of everyday business practice.”
The core studies of an MBA or Executive MBA program are similar. What changes is how much time is spent on what subjects. Since most people who take a 12months - 24 months for an MBA are fairly early-career, these programmes go deeper in general management fundamentals like operations management, finance and marketing. Management skills training will include such things as business development, business analysis and team management. You’ll hit on topics like stakeholder engagement, negotiations and crisis management. For those taking 12 months MBA or EMBA programmes, the goal is to solidify that knowledge while focussing on the skills that can make you an agile, strategic leader.
What are the typical employment and salary prospects for MBA or EMBA graduates?
MBAs and Executive MBAs are both degrees that will have a positive impact on your career trajectory. They’re game-changers.
Some MBA graduates will return to previous employers but most are off for new adventures. According to the Financial Times Global MBA Rankings 2018, a very high majority of graduates from the top 100 schools found employment in the first three months. What’s more, after three years, graduates had increased their salaries by as much as 100% post-graduation. It is important to remember that while the experts who compile ranking make things as comparable as possible (for example by weighting salaries), your employment prospects and salary will vary based on your chosen field and geographic location. Plus, if your salary was higher going in, your percentage increase may not be as high – it’s still a success!
It's a tough one. It essentially comes down to employment plans, job prospects, money, and time.
What choice do you make? The one that works best for you!
At Mantissa College, we deliver the part-time EMBA Programme and MBA programmes Master of Business Administration programme, a programme in collaboration with Paris Graduate School of Management, France case studies comprise an impressive 50 percent of assessments while the remaining 50 percent is designated for assignments. The takeaway? When it comes to an active, engaging and hands-on business degree, you’d be hard-pressed to find one better than this MBA.
Mantissa College’s MBA program boasts a dynamic global network of more than 80,000 alumni. One recent alumnus, Harrison Jub, says, “I took the 15-month Master of Business Administration course and in the first week, I was discussing the Real Case Study with groups of working professionals from different fields. And so I was learning from real people with real problems. Thanks to the case study based learning approach I am now capable of taking up more projects because I had been exposed to a wider perspective on handling matters from my learning experience.”
Certainly, evidence attests to the tremendous value of case studies in business education. Between its focus on this learning style and many other desirable attributes, Mantissa College’s Master of Business Administration offers an invaluable inside edge for aspiring business leaders.
i) Scan copy of your Degree Certificate AND ii) Scan copy of your Degree Transcripts
To apply for the programme, please provide us with the required documents to email@example.com or Click Here to Submit your documents
More Articles: you may also like to read up on