Online Executive MBA
We can describe the executive as the minds behind strategies, policies, and plans that drive day-to-day operations for organizations and companies. Having an extensive background in several areas of business such as marketing, human resources, supply chain logistics, international business, and finance is what most executives have. Shortly, Online Executive MBA is one of the most important disciplines to earn in university.
CEO, Chief executive officers, is the chief operating officer, who oversee specific divisions including marketing/sale and HR, and persons, who are responsible for monitoring financial activities and preparing budgets called chief financial officers. Executives may also include operations or general managers in huge companies.
Many of the executives of these days started their career by pursuing an executive MBA. Most of the executive MBA programs offer evening courses as most of the students are already employed. On the other hand, students of Executive MBA programs usually want to have top-level leadership positions, as in the most cases, they are currently employed, so they pursue an EMBA planning to advance to management roles after graduation.
You can earn Executive MBA programs, that span 35 to 65 credit hours in general, in a 2-year-commitment in universities like Stanford. However, there are also accelerated executive pathways, that are offered by many universities. This pathways’ feature is that you can earn an MBA program in a year, 30-42 credits.
It is different from school to school, but in general:
- In-state: $530 to $1,600 per credit.
- Out-of-state: about $1500 per credit.
Anyway, many colleges decided to not taking out-of-state fees, which means to be more expensive for in-state students, and cheaper for out-of-state students. Generally, in-state students should be ready to spend about $40,000 for an Executive MBA program. On the other hand, out-of-state students should plan to spend at least $70,000 to $105,000 for the program.
An undergraduate degree in a business-related field with at least a year of professional experience, and GRE or GMAT scores.
Accredited online EMBA:
Prospective students are really important in accredited online Executive MBA as it is one of the most important considerations for them. Universities and colleges in America receive accreditation from agencies recognized by the U.S. Department of Education. One of the most widely recognized accrediting bodies of business schools and one of the world’s longest-serving is The Association to Advance Collegiate Schools of Business.
An MBA program’s curriculum will include core coursework in areas like entrepreneurship, international business strategy, team building, management. Students, in addition to that, will study human resources, marketing, and finance and accounting.
Professional Associations in Business Administration:
Access to a host of resources and services will be gained by the working professionals and students. These include invitations to complimentary magazine and journal subscriptions, job listings, online tutorials and webinars, discounts on continuing education courses, and industry events and networking opportunities.
Executive MBA Council:
In 1981, an Executive MBA Council, that describes itself as the “global voice of the executive MBA industry”, was launched. It also recognizes degree programs all over the world. In 2014, the EMBAC included more than 300 member EMBA programs.
Graduate Management Admission Council conducted a survey in 2012, which found that about 75% of the graduates of the executive MBA reported one job offer, at least, when they graduate.
- 60% for full-time 1-year MBA programs.
- 64% for full-time 2-year MBA programs.
- 52% for non-MBA master’s programs.
- 67% for part-time MBA programs.
In 2014, about 2.5 million top executives were employed in America, including general and operations managers, CFOs, COOs, and CEOs, according to the Bureau of Labor Statistics.
Salaries for graduates:
An online salary called database PayScale reported in 2016 that chief executives earning about $160,000 averagely.
What can you do with an executive MBA?
Having EMBA qualify you for a wide range of corporate leadership positions including the top executive careers such as COOs, and CEOs, Human resources managers, Marketing, promotions, and advertising managers, and Financial Managers.