All MBA’s were not created equal. The programs are different, and each one depends on your type of career goals. You have to know which program is designed specifically for you. Learn what the differences are between these MBA’s. Find out if an Executive MBA is the right choice for you.
Basic Design for Program Entry
An Executive MBA may be more rewarding to those with over a decade’s worth of experience. The professional experience may make the Executive MBA program easier to digest.
The regular MBA program is designed specifically for people with less work experience. Those looking to take on new positions would find this MBA program to be a great help.
The Executive MBA can enhance a set of established business skills, which is why MBA candidates must consider if they should gain some experience in an industry before deciding on choosing an Executive MBA.
The Level of Commitment Required
Both types of MBAs require a high level of commitment to complete. But this does not mean both programs take the daily grind approach to learning.
The Executive MBA candidate more than likely has a family and a career to manage. The Executive MBA program is accommodating to someone needing work-life balance. This program may hold night and weekend classes, strategically set up to give the candidate a chance to manage school, life, and a career.
Regular MBA programs demand the traditional approach to learning. It means holding classes during the day and sticking to rigid schedules. However, a regular MBA candidate may be given permission to leave his or her job on a temporary status to complete the program. Some companies will offer to pay tuition for the development of top performing staff in an MBA program, as long as the MBA agrees to work for the company after graduation.
Regular MBA programs are more focused on specific areas of business, such as marketing and finance. The Executive MBA program covers business studies that involve strategy, perspectives, and extensively covering all aspects of an industry.
If you are looking to reach C-level and director positions, you will want to pursue the Executive MBA.
Competition is stiff if you want to get an Executive MBA because it requires work experience and the availability is limited. If you have not realized this yet, Executive MBAs are uncommon compared to regular MBA programs. For example, top universities offer a graduate MBA program.
If you cannot afford to move or do not have an Executive MBA in your area, you can earn your Executive MBA online, studying from home.
Simply put, if you are starting and looking to advance your career, try the regular MBA. If you already have an established career and would like to take it to the next level, an Executive MBA will be more suitable for you.