Everyone has heard of MBAs and their incredibly versatile skills they offer to future managers and business leaders. IEMBA (International Executive Masters of Business Administration) on the other hand, have not been so popular until recently.
According to the 2019 GMAC Survey, the number of students applying for International Executive Masters of Business Administration has increased by over 50%. With their growing popularity, IEMBA is becoming a considerable business study alternative to the long-established and highly sought after Masters of Business Administration (MBAs).
However, the two types of Master degrees don’t necessarily compete. In fact, one could regard them as complementary since they cover different market segments of students and have different goals and contents.
Deciding which programme is right for you hinges on a number of factors such as your current job and income, your company's potential sponsorship of your master degree and your own level of experience.
For working professionals and managers who are looking to raise their education and revitalise their career mobility without interrupting their careers, enrolling in an EMBA program can be transformational.
“If you have over five years of work experience, extensive career advancement and managerial experience, an Executive MBA may be a great choice,” says Dean Mike Ooi of the Paris Graduate School of Management, France
EMBA Complements Job skills
Kumar, a student of IEMBA and Managing Director for a Multinational Corporation in Malaysia, completed the International Executive Master of Business Administration programme at Mantissa College, in Malaysia while continuing to work, and says his studies complemented what he was doing on the job; “As a young professional I have found myself using much of the course content back at the ranch. I have learnt so much from the group work, general conversations, class interaction, and occasional social excursions. Discussing businesses, and how people make decisions in the real world has been as valuable as the teaching itself.”
Additionally, beyond acquiring general management knowledge, many EMBA programs offer leadership and personal skill development opportunities.
Choosing the right EMBA program, however, poses challenges. From good academics to a solid reputation, to experienced faculty with real world know-how and business connections, to a versatile curriculum, to gaining access to a global network of alumni, a top business school can offer you huge benefits in addition to your MBA status.
Making The Right Choice The various options out there may leave you wondering how much weight you should give business school rankings in deciding where to get your EMBA degree. Well, like most things in life, there is no straightforward answer. An MBA degree from a big brand school sitting high in the rankings does have greater cache. But under no circumstance should you choose a school solely on the weight of its ranking and big brand. It should merely be one factor among a basket of reasons. Pay attention to whether the school is the right fit for you in terms of your career aspirations.
The typical length of the IEMBA programme in most schools is 18 to 24 months. To accommodate working professionals juggling their work, travel, family and academic pursuits, classes are held every other weekend.
BONUS: Mantissa College is offering an International Executive Master of Business Administration programme with full accreditation from the Malaysian Qualifications Agency (MQA). The schedule is carefully crafted so that you can maintain your current job without any adverse effects.
Mantissa College’s IEMBA 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 International Executive Master of Business Administration offers an invaluable inside edge for aspiring business leaders.