An executive MBA

I was hanging with one of my mates in Florida, we come from the same trade background and have worked together in the past, he has a pretty formidable resume. Yet he was lamenting the current declining job opportunities due to his lack of tertiary qualifications - that's what companies want now. I decided to apply for an MBA to also prevent this happening to me, not long after my return to Australia, he sends me a message informing me he has been accepted in an executive MBA program and his company is willing to pay for it - well played on his part. 

The Master of Business Administration has been around a long time, there are a number of reincarnations of the MBA course; the executive MBA has been developed specifically targeting corporate executives and managers allowing participants to earn an MBA degree within two years whilst maintaining working full-time employment. 

Participants are recruited into EMBA programs from a variety of organisations including profit, non-profit, military and government - naturally representing a multitude of industries. As a result of their current employment backgrounds; EMBA participants typically have a higher level of work experience than standard MBA students, usually 10+ years as opposed to 3 -5 years work experience of standard MBA programs. 

EMBA programs are a mix of classroom teaching, generally conducted on evenings and over weekends including online tutorials and some full-day sessions. In response to an increasing number of EMBA programs on offer; the Executive MBA Council was formed to advance executive education.

Naturally, career advancement and increased prospects are primary motivators for managers and executives to embark on the EMBA program. As EMBA participants work full-time during the duration of the program; they are able to apply the management techniques and best practices learned in the classroom to real-life situations as opposed to traditional MBAs who are full-time students.