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Best Executive MBA Programs
Next Destination? EMBA!!
Table of Content
Higher education is at the peak of its popularity in modern times. It's often considered a fast-paced way to top positions in companies with a huge salary package. An EMBA is a programme meticulously crafted to build confidence towards marketability, leadership, and the prosperity of information in various initiatives. Now, let's talk numbers. An EMBA graduate from an esteemed university has the potential to earn up to $190,000 a year. Furthermore, a report from the TOI says, "The employability rate of an MBA graduate is 54%, which is yet higher than any other professional course." Although one might think an executive MBA is more or less similar to a normal MBA, let's discuss that below;
MBA VS Executive MBA
In layman's terms, an executive MBA and a normal MBA are basically the same degrees with different logistics, meaning EMBAs are for mid-career professionals who wish to pursue higher education while working full-time. Below is a brief table expressing the minute differences;
Best Executive MBA Universities in the World
Now that the concept of an EMBA is well known to you let's explore a few notable universities that offer the best executive MBA programs in the world.
1. Penn (Warton)
QS Ranking: 2
Location: Philadelphia, California, Pennsylvania
Tuition Fee: $214,800
Penn offers one of the top executive MBA programs in the world. Standing as an IVY League, it is one most admired and preferred universities of all time. Penn has the largest business faculty, with 200+ electives and four majors. Furthermore, the school possesses the largest business school network with more than 104000 alumni.
2. MIT (Sloan)
QS Ranking: 4
Location: Cambridge, Massachusetts
Tuition Fee: $192,000
MIT Sloan is popularly known for its top executive MBA programs. Candidates with an average of 17 years of work experience and around the age of 41 are eligible for this EMBA. The program is completely devoted to creating an impact to help students advance in their current company, transfer to a new company or become an entrepreneur.
3. Oxford (Said)
QS Ranking: 5
Location: England
Tuition Fee: £98,590
Oxford has earned a massive global reputation for academic excellence alongside offering the best executive MBA programs in the world. The program is designed meticulously to enhance leadership skills, problem-solving, practicality and how to navigate transformity. It is a part-time program for working professionals. Subsequently, the program runs for 16-18 weeks, depending on the elective one picks.
4. London Business School
QS Ranking: 8
Location: London, Dubai
Tuition Fee: £119,900 (London), US$ 143,955
London Business School, any day, has the top executive MBA programs in the country. The programme runs for 20 months and helps candidates steer their inner potential to unleash leadership, business skills, and a wide range of networks. The program is designed in such a way that career and personal commitments won't be left unattended thanks to the part-time programme agenda.
5. HEC Paris
QS Ranking: 1
Location: Paris
Tuition Fee: €94,000
HEC Paris offers one of the best executive MBA programs in the world; with a total of four intakes in a year and an 18-month-long course, HEC EMBA ranks at the top worldwide. Additionally, the format of the program is part-time. HEC Paris EMBA program indulges in building leaders with character, courage and competence.
6. IE Business School
QS Ranking: 6
Location: Spain, Oxford, Singapore, Los Angeles
Tuition Fee: €82,300
IE Business School surely has the best EMBA programs of all time; they believe one can gain the mechanisms to transform business on an international scale. This 20-month-long part-time program gives an unprecedented networking experience and a global notion with cutting-edge technology. Be a part of 70,000 students who have conquered the world with this program.
7. INSEAD
QS Ranking: 8
Location: France, Singapore, Abu Dhabi
Tuition Fee: €128,775 (France) ,SG$199,500 (Singapore) , US$137,500 (Abu Dhabi)
INSEAD EMBA programs run for 14-17 months with a total of three intakes a year across three campuses: France, Singapore and Abu Dhabi. Their flagship course in the program 'Leadership Development Programme' focuses on developing authentic Leadership attributes by initiating 360-degree assessments, team activities and group coaching. The school welcomes students and faculty from several nationalities.
8. Chicago (Booth)
QS Ranking: 10
Location: Chicago, London, Hong Kong
Tuition Fee: $198,500 (Chicago), $171,000 (London), $177,500 (Hong Kong)
Chicago (Booth) has one of the top EMBA programs in the country. The program runs for 21 months with 18 courses in the core curriculum. The school is the first in the United States to have campuses across three continents with the same course and the same prestigious MBA degree. Students also get to visit all three campuses during the international session weeks.
Executive MBA: Return on Investment
Why do professionals pursue an EMBA? Will the investment be worthwhile? The answer is pretty simple, 'Yes'. Investing in yourself for a cause that is going to help you upscale drastically is worthwhile. First off, let's start with the costs: choosing a university that offers an authentic EMBA generally costs around $200,000 more or less.
Nevertheless, it is a complete guarantee that one might receive a salary increase. According to a survey in 2020, the average salary of a few USA-based EMBA students before the program was $169,269, but by the end, it grew exponentially to $193,200. Furthermore, 40% of the students received a promotion during the programme. Besides the incentives, the degree enhances several interpersonal qualities and career opportunities. Candidature employability also boosts acutely. With that said, there is an absolute return on investment in getting an EMBA.
Lastly, one should always perform well-detailed research before applying for any program. Several universities out there provide a worthwhile EMBA. It is evident by now that an EMBA will enhance all skills and make a person more marketable. Get on with your research now and explore the sea of endless opportunities and growth.
Frequently Asked Questions
Which is the best institute for an EMBA?
Institutes like Penn, MIT, Oxford, London Business School, HEC Paris, etc, provide some of the best executive MBAs in the world.
What is Oxford EMBA rank?
Oxford’s EMBA is ranked 5th in the world and has one of the best executive MBA programs in the world.
What is the difference between an EMBA and an MBA?
An EMBA is specially designed for mid-career professionals to upscale in the corporate industry; an EMBA is similar to an MBA, although one needs to have at least 12-14 years of experience to be eligible.
Is EMBA worth doing?
Gaining an edge in the job market and differentiating yourself from the competition can be achieved with an EMBA degree.
Does Harvard offer an EMBA?
No, Harvard doesn't offer an EMBA as of now.