Understanding the Executive MBA and Related Benefits

Understanding the Executive MBA and Related Benefits

An MBA program gives the student additional knowledge and skills that can assist him to climb the career ladder. The best thing about this program is that you don’t have to stop working to focus on the job at hand. You can do the job part-time while advancing your skills and knowledge. If you wish to learn as you continue working, consider an executive MBA, otherwise abbreviated as EMBA. You can take this course in a period less than two years and get to enjoy the same benefits that a traditional MBA offers.

To apply to and qualify for an EMBA, you need to meet leaner entry requirements as compared to a standard MBA. One of the top factors that are put into consideration before you get the admission is your professional experience. For most EMBA programs, you need to have a minimum of 5 years professional experience, but most of the applicants boast of 10 years’ experience or more.

The institution might also decide to give you an admission test to gauge your suitability to the program. This is usually due to a large number of applications to executive MBA courses in Singapore each year. The test is also given to that applicant whose quantitative skills are deemed not to match their professional accomplishments.

Recommendations

One of the other requirements when applying to the EMBA program is to have professional recommendations. One of the recommendations ought to be from a direct supervisor or manager that can provide and confirm your skills and professional accomplishments. You can also submit a recommendation letter from a former client, or employer who has worked closely with you.

A Transcript is Necessary

You also need to submit your degree from a reputable institution. The good thing is that it is not a must for the degree to be related to a business course. You should also submit official transcripts of your undergraduate degree.

What do You Gain?

There are various benefits that come with applying for, qualifying and going through an EMBA program.  The first benefit you enjoy is an increase in your salary. Since you have a higher qualification, your employer will consider you for a salary raise. You will achieve this salary raise usually from your employer. If you decide to switch jobs, you will most likely enjoy a higher salary than the one you are getting in your current job.

While in class, you get to mingle with colleagues who are working in various corporations across the country. You end up building relationships and creating networks that will help build a better career. These relationships are beneficial in future when you wish to advance your career or change it. These networks help you get first-hand information and experiences from your peers regarding the job market. You get to develop lasting networks with alumni, peers, sponsors and faculty.

Since your decision to advance your education will help your organization, your employer will try and chip in to encourage you towards this noble venture. The employer can give you a scholarship or advance you a loan to help you pay for the tuition and other financial requirements of the course. The main function of this support is to encourage you and retain you in the organization.

Final words

EMBA programs will help you acquire knowledge and skills that will help advance your career to another level. You get to broaden your professional network, strengthen relationships with your peers and enjoy new ideas that will help in career development. The program also imparts better leadership skills to the student. These skills open up better professional opportunities that help you get to the next level of your career.