Why not start our topic with a simple question, “How Executive MBA differs from MBA for Executives?” On major occasions, one ends up getting confused as well as confuses the other people around. Many Management Courses carry the word “Executive” in their Programmes offered.
In true sense, an Executive MBA Program is a Master of Business Administration Program, specially designed for the working Professionals. Since Executive MBA program is meant for working individuals, including those who run their own business, it provides them with the additional advantage of experiencing the comfort level during the course.
On the other hand, MBA for Executives allows the practicing managers to earn their MBA Degree from a University or Institute while continuing to work Full-Time. Thus in various metro cities such as Ahemdabad, Bangalore, Calcutta, Shillong, Lucknow, Indore etc..
MBA for Executives is not so a popular idea but with passage of time, it shall gradually gain pace. Now let us try to find a solution for” The endless discussion on MBA for Executives v/s Executive MBA”
MBA formats as discussed previously & we all know arrives in various formats like Full-Time MBA, Part-Time MBA, Dual MBA, Distance Learning MBA etc.. In general, a normal MBA Programme lasts for 2 years where in candidates are enrolled once they complete with their Graduation & on the basis of their CAT/MAT/GMAT score.
With the introduction of new breed of Management courses where in work experience was counted as well, majority people started referring to it as Executive MBA Programme, where as, it is not so!!
Similarly, Institutes providing one year MBA Programmes specially meant for the Professionals with sufficient amount of experience, infact they are Full-Time Executive Programmes and not Executive MBA Programs.
Candidates applying for Executive MBA Programmes, need to have sufficient experience depending on the on the Institute/B-School they have applied for. On an average the experience for such individuals is 10 years or more. Sessions are held usually on Fridays or weekends so that candidates can adjust with their working schedules.
Also an Executive MBA tends to be more expensive than a normal MBA. As far as the acceptance criteria is concerned, Executive MBA tends to be less harsh as compared to Full-Time MBA. Pursuing MBA along side job can be hectic, but Mid-Level Professionals feel the need to acquire it to attain a certain position.
On a parting note, all we can say is there are advantages as well as disadvantages for each Programme and what works for one Programme may not work for the other or vice versa.