Executive MBA programs are designed for full time employees of organizations or owners of businesses who have a significant investment in their careers and who cannot afford to give up their full time jobs. Rather than pursuing a traditional MBA degree on a part time basis, these professionals can complete an Executive MBA program while continuing their full time employment.
Executive MBA programs differ from traditional MBA programs in two distinct manners. First the meeting format is different. Executive MBA programs usually meet twice a week, every other week during the semester. Secondly the students in Executive MBA programs have on average much more work experience than their counterparts in traditional programs. It is this work experience that allows the Executive MBA program to be offered at a much faster pace than the traditional program.
The Programme Executive Master of Business Administration aims at developing a student’s intellectual ability, executive personality and managerial skills through an appropriate blending of business and general education. It seeks to develop students as analytical and rigorous thinkers so that they are able to apply the concepts learnt to all pertinent issues that affect an organization’s performance and effectiveness. Organizations use the Executive MBA programs as a way to update their employees on
the latest thinking in business. The program may also be part of the career development of the person and the succession planning for the organization. It can be a tool used to promote retention of valued employees within the firm.