Often students especially the working professionals get a little confused whether to do an executive MBA or regular MBA. Master of Business Administration (MBA or M.B.A.) is a master’s degree in business administration. It is a vastly popular master’s degree program which can be opted by students from a wide range of academic disciplines. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, finance, marketing, human resources, operations management, etc. Students in MBA programs have the option of taking general business courses throughout the program or can select an area of concentration and focus approximately one-fourth of their studies in this subject. MBA and PGDM in India are accredited by the government accreditation body known as the All India Council for Technical Education (AICTE). The All India Council for Technical Education (AICTE) is the statutory body and a national-level council for technical education, under Department of Higher Education, Ministry of Human Resource Development.
Dive Deep into the sea of Master of Business Administration
Regular / Full-Time MBA:
Two-year (Full time / Regular) MBA programs normally take place over two academic years (i.e. approximately 18 months of term time) divided into four academic semesters. For example, in India, the first semester often begin in late August / September of year one and the last and fourth semester continue until May of year two, with a three- to four-month vacation / holiday break in between years one and two. Students enter with a reasonable amount of prior real-world work experience and take classes during weekdays like other university students. A typical Full-time/Regular MBA approximately requires 60 credit hours of graduate work per week.
Executive MBA (EMBA):
Executive MBA (EMBA) refers to academic programs at graduate-level business schools for executives, business leaders, and functional managers. It is a customized MBA program, which is tailored for and offered to executives of a company to represent the fast-growing segment of the market. Executive MBA (EMBA) programs developed to meet the educational needs of managers and executives, allowing students to earn an MBA or another business-related graduate degree in two years or less while working full-time. Participants come from every type and size of organization “ profit, nonprofit, government “ representing a variety of industries. Customized MBA programs help organizations increase management capability by combining the science of business and performance management into specialized programs that enable executives to develop new knowledge, skills and attitudes. Knowledge translates into the capability an organization applies to the products and services it brings to the market. Executive MBA students typically have a higher level of work experience, often 10 years or more, compared to other MBA students. In response to the increasing number of Executive MBA programs offered, The Executive MBA Council was formed in 1981 to advance executive education.