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Premier EMBA connects experienced executives, successful business school alumni, and EMBA programmes ranked in the worldwide top 50 by the Financial Times. Gain insights about the Executive MBA online on 3 November.
More and more experienced business professionals recognise the Executive MBA (EMBA) value in helping them stay ahead in a fast-changing business world.
While the traditional MBA degree has fallen on hard times in the US, the EMBA is going strong. Applications to EMBA programmes have climbed 32% since 2015, the Executive MBA Council (EMBAC) announced. More than half of European Executive MBA programmes, in particular, saw growth in applications from women in 2019, the Graduate Management Admission Council (GMAC) reported.
Seasoned professionals have different reasons for choosing the Executive MBA for their leadership journey.
One of the main selling points of the EMBA is its ability to close gaps on fundamental business skills. EMBA participants come to understand that leadership in business involves much more than managing others; it also involves the ability to be flexible and change your leadership style.
Managers enrolled in EMBA programmes also value the chance to build a powerful network and have their assumptions and perspectives challenged. The Executive MBA is a long-term investment that offers returns long after graduation.
Stay ahead of the curve
The Executive MBA programme is essential for business people who want to be one step ahead of the competition. The needs of businesses are evolving and today’s executives need to constantly review their skills. They must be ready to embrace and utilise the disruptive technologies of the future.
Indeed, EMBA programmes are attracting more and more people with technology, engineering, and science backgrounds, according to GMAC data. An EMBA is very useful to technology entrepreneurs, Sangeet Chowfla, CEO of GMAC, told the Financial Times. “They find that the skills they have from a management perspective help them scale up their businesses.”
But technological development is also changing the way programmes function. About 55% of EMBA programmes offer distance learning options compared to 42% in 2015, EMBAC reported. Online delivery of fact-based subjects leaves more time for constructive debate and discussion on campus.
The Covid-19 outbreak has also left its mark on the Executive MBA, with programmes becoming even more customisable and flexible in terms of admission. But considering the surge in interest in the EMBA, its best years may be yet to come.
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