Popularity of Executive MBA

Popularity of Executive MBA

The executive MBA programme is specifically developed for professional managers and executives who want to accelerate the growth of their career. This programme is designed in such a way that it helps executives who already have the basic knowledge of business but just want to add on to their management skills.

The demand for the EMBA programme has consistently risen up as it offers a lot of flexibility to the students pursuing it. With the growing importance of MBA education, a large number of institutes in the country are providing one-year executive MBA programmes. Besides, the demand for Executive MBA and Distance Learning MBA programmes is growing as against the fulltime MBAs across the world. These are the. According to the results of the survey conducted by the Graduate Management Admission Council (GMAC that holds the GMAT) on MBA entrance tests utilized by B-schools across the world, there are 665 graduate management programmes in 39 countries.

The Increasing popularity of executive and Part Time MBAs can be due to two causes – increased awareness amongst professionals about qualification enhancement or changing point of view towards part- time/ distance learning education. Executive MBA has many advantages like, the students doing EMBA can apply all the concepts that they have learnt in the class in their jobs. An executive MBA programme truly offers a distinguished learning experience.

The demand for executive or distance learning MBA has risen globally; but in India, one year full time MBA and two year full time MBA programmes are more popular. Due to this, there was a trend in India of working executives leaving their remunerative jobs for joining the regular MBA for getting a higher salary or getting placements in the best company. This change in the MBA job market can be attributed to the global recession. As a result, the popularity of Executive MBA has increased among mid-career professionals.

Those who are not able to manage jobs and full-time education are choosing part-time MBAs. There can be other two reasons behind this trend:-

Firstly, many students do not know the new computer-based version of CAT appropriately.
Secondly, the increased cost of doing an MBA Education has gone up as most of the B-Schools in India have increased the fee and as the last couple of years have also not seen outstanding placements from B- schools.

So we can conclude that Executive MBA is as good as regular MBA programmes as their role is concrete in shaping up ones career for a bright future.