Role of Executive MBA
What is the role of executive MBA (Executive Masters in Business Administration or EMBA) in a working professional’s life, working in India? Unlike traditional MBA programs, an executive MBA plays a multidimensional role in a working professional’s life. Working professionals, who look up to promotions within the same organization opt for comparatively high-priced Executive MBA programs for better career prospects. The role of executive MBA in an executive’s professional life in India can be categorized under two headings, namely:
1. Role of executive MBA in career advancement.
2. Role of executive MBA in career change.
The next few paragraphs elaborate more on this.
1. Role of Executive MBA in career advancement: Employers vouch for the employees who have latest academic knowledge about their specific business area and also possess practical industry experience. Executive MBA programs provide a platform for the executives to learn leadership and other management philosophies, without leaving the running job schedules. Having such an understanding, guides the executives to take highly informed decisions within the organizational set up and for benefit of the organization itself. As only working executives enrol for the Executive MBA programs (or EMBA programs), the participating executives gain hands-on experience through group discussions and sharing personal experiences within the classroom sessions. All these in turn add up to the career advancement of the executives.
Even though some professionals may climb up the professional ladder without an additional academic degree, but there are certain profiles in which an executive MBA degree provides an extra zing.
2. Role of Executive MBA making a career change: Executive MBA acts like a connecting link in changing career. While making a job change or sometimes industry change, the working professionals keep looking for a job which provides them with added responsibilities and more accountability. What better than adding an executive MBA degree to the portfolio and then making a shift? Such a change reaps high returns as the salary drawn also increases. After earning an executive MBA degree, the executives may plan either to change their employer in the same industry or they may switch to another industry for better career prospects.
Thus, it can be concluded that the role of Executive MBA in India does not primarily limits by providing better career prospects but, it also leads to personal growth of the executives at behavioural level. Now-a-days, companies quite often insist their employees to upgrade themselves by enrolling into such EMBA programs in India only. Some companies provide sponsorships (complete or partial, whichever is applicable) for some selected employees, working in Indian Territory.