Someone has rightly said, “Learning has no end.” Gone are the days when people believed that once they get the job, it’s hard to continue studies. There are hundreds of programs run by the B-schools that offer degree courses in the working class. This not only increases their level of education but also boosts one’s professional career. One such course is EMBA, which stands for Executive Master of Business Administration, which allows managers, executives, leaders, etc. to continue their education along with the existing job.
EMBA is often misconstrued with regular MBA program, but the former itself is a type of the latter. This article helps you to understand the difference between MBA and Executive MBA.
Content: MBA Vs Executive MBA
|Basis for Comparison||MBA||Executive MBA|
|Meaning||MBA is a master degree course offered by university, to develop complete understanding on business and management.||Executive MBA is a post graduate program for the working people, i.e. executives, managers, leaders and other professionals.|
|Approach||Theoretical and Practical||Practical|
|Classes||Throughout the academic year.||Weekends only.|
|Eligibility for admission||Graduation plus minimum marks in the entrance exam required by university.||Graduation plus minimum work experience required by the university.|
|Appropriate for||Students who want to pursue master's degree in business management, in order to get better job.||Experienced persons who want to enhance their skills and get a boost in their career.|
Definition of MBA
Master in Business Administration, abbreviated as MBA is a post-graduate degree course sought by students to master the business education. It covers all major business areas like marketing, accounting, finance, operations, human resource, etc.
MBA is one of the professional degree, recognised worldwide and designed to develop basic and advanced skills required in the field of business and management as well. It is the highly-pursued after-graduation program in the world. It is offered in a wide variety of formats by business schools i.e. Full-time MBA, Part-time MBA, Correspondence MBA, Distance MBA, Online MBA, Executive MBA.
Definition of Executive MBA
EMBA an acronym for Executive Master of Business Administration is a business degree especially designed for working executives and business professionals who are willing to improve their business skills and get better exposure in their career. It allows students to learn and earn at the same time.
The schedule of the course is designed flexibly, to help the managers, leaders, executives fulfil their educational needs. Further, the Executive MBA students possess the high level of working experience.
Key Differences Between MBA and Executive MBA
The differences between MBA and executive MBA are provided in the following points:
- MBA is a master degree course offered by the University, to develop a complete understanding of business and management. Executive MBA is a post graduate program for the working people, i.e. executives, managers, leaders and other professionals.
- A traditional MBA program focuses on both theoretical and practical knowledge. On the contrary, an Executive MBA focuses more on practical knowledge to develop decision-making and problem-solving skills.
- MBA is a full-time course whereas Executive MBA is a part-time course.
- A regular MBA degree course duration is 2-3 years. On the other hand, the course duration for Executive MBA is 1-2 years.
- The classes for a full-time MBA course, offered by the University are held throughout the academic session. As against this, the classes for Executive MBA are held on weekends.
- A student must be graduate and has passed entrance exam prescribed by the university or institute, for admission in MBA. Conversely, graduation and has minimum work experience prescribed by the university or institute makes a person eligible for Executive MBA.
- Master in Business Administration is suitable for those students who want to pursue master’s degree in business management, to get better exposure. In contrast, Executive MBA is best suited for experienced persons who want to enhance their skills and get a boost in their career.
Therefore, with the aforementioned points, it is quite clear that MBA and EMBA are different. So, if you want to make a choice between these two, first of all, keep in mind the following things: whether you are fresher or experienced, what you want from the program, why you want to pursue it, time duration, etc. so as to make the best decision regarding your future.