How to Select Good Business School for Executive MBA
Executive MBA is one of the most sought after courses among working professionals. But they often get confused while choosing a good business school. Read this article to clear your doubts.
Lately, MBA degree has become essential if you want to see your corporate career touch great heights. It is also important to upgrade your management skills and hone leadership aptitude to stay ahead, that’s why more and more working professionals are taking a break to pursue MBA. However, they prefer executive MBA (EMBA) to full-time MBA and reasons are aplenty.
The executive MBA course helps with the detailed know-how of your profession. It gives you thorough knowledge about what you are expected to bring about in a particular managerial job role. Not only this, as your dexterity increases, you will earn handsome salary as well.
So while choosing a good executive MBA programme you must not only look at fees and eligibility but a number of other aspects. To choose the suitable executive MBA business school among a plethora of MBA institutes in the market is tough. This article will help you in making the decision, by offering some tips on how to select good business school for executive MBA.
1. Schedule in Advance for the Course
You should be aware that different EMBA courses vary as per the duration and timings. Keeping in mind that EMBA is mostly taught in part-time mode, you need to choose an institute wherein the timings are as per your convenience. It is necessary that your work timing does not collide with institute timing lest you will have to quit your job.
2. Return of Investment (ROI)
It is one of the crucial aspects while choosing an executive MBA programme. The first thing you need to assess is whether the course you are planning to pursue will help you get better salary package or not. Since the course fees of EMBA is generally on the higher side, you should calculate how many months or years it will take you to get back the money spent on the course. You can do this by computing complete expenditure of the course consisting of tuition fees, study resources, travelling fees, and food among others. Compare the cumulative cost with the amount you will earn after completing the course.
3. Future Prospect
The moment you thought of doing this course you would have gone through the job opportunities attached to it. In the long run, you need to stay abreast of the benefits that come with it. If the course has the potential to boost your chances of a faster promotion in your current firm, you must go with the course.
4. Know the Institute
You need to be aware as to what you are going to learn after enrolling yourself for the EMBA course in a particular institute. You must draw parallels between the place and its peers. Know what differentiates your chosen institute with others - accreditation, faculty, infrastructure, pedagogy, exchange programmes, placement, etc. The status of the business school and its acclaimed alumni explains a lot about it. The ratings given to the institute by current and ex-students in public forum will help you a lot in taking a final call.
5. Up-to-date Syllabus
In a fast paced professional setting, you are meant to adapt to the environment quickly. You have to develop this knack to update yourself as per the needs and requirements of the corporate culture. Ideally, you should choose a business school that keeps bringing change in its curriculum as per the latest needs. Outdated syllabus will not help you in any sense. Moreover, prefer an institute which focuses more on interactive and practical knowledge rather theory.
6. Faculty
One of the most vital aspects to check before preparing your mind for the EMBA course is the faculty members of your chosen B-school. The qualification and experience of the faculty is an essential component to measure the viability of any good business school.
7. Global Environment
In good business schools, a whole lot of foreign students come to study. During the course of time, you will get in touch with students from different nationalities. The network which you build there can help you in the long run. You may even end up landing a job in one of your dream locations.
Also read:
Executive MBA: Eligibility for IIMs and Top B-Schools
Executive MBA ISB vs Executive MBA IIM Ahmedabad
Understanding the Fundamentals of Executive MBA Courses
Understanding the significance of Executive MBA courses for working executives
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