What Is An Executive MBA?
Designed for seasoned professionals, an Executive MBA program focuses on enhancing skills and knowledge in areas such as leadership, organizational economics, accounting for leaders, and managerial finance.
This focus on educating experienced analysts, managers, executives, and entrepreneurs separates an Executive MBA program from a traditional MBA program. Most who enter an Executive MBA program have reached a mid-career stage when they want a better understanding of how parts of a business operation connect to create a successful whole.
Some programs allow Executive MBA graduate students to concentrate on a specific business area. New England College, for example, offers Executive MBA students a concentration in cybersecurity.
The Differences Between EMBA and MBA Programs
MBA and Executive MBA programs are similar in that both are graduate-level degrees with a rigorous curriculum that focuses on business. Graduates from both programs earn degrees that carry high value in the job marketplace.
However, the design of the programs differs. Most MBA programs attract full-time students who immerse themselves in business school. The Executive MBA program is designed for busy professionals who must continue in their current job while earning their graduate degree, attending class at night and on weekends.
Executive MBA students often are older, with an average age of 38, according to Investopedia. Most have at least five years of experience in their current position, usually in management or on the executive team.
What Professionals Learn in An EMBA Program
Executive MBA students want to brush up skills they’ve learned, understand operational details in important areas of business, and increase their career options. NEC designed its EMBA program to meet those goals.
The NEC program provides coursework that sets a foundation for leadership success, including the following classes.
Leadership and Change in Organizations. Students learn about traditional and contemporary styles that leaders use in different situations. They also explore change management, an important topic in a world where business must evolve rapidly.
Accounting for Leaders. This course approaches accounting practices from the perspective of leadership. Students learn about processes, concepts, and tools used in accounting that have a direct impact on business performance.
Managerial Finance. Students learn how to manage risk, as well as better understand the relationship between fiscal stability and capital formation and management. Part of the course also focuses on making ethical financial decisions and weighing fiscal options against degrees of risk.
Organizational Economics. Students study the impact of economics on organizational success or failure and learn to apply economic reasoning to making managerial decisions. Topics include demand analysis, cost estimation, competitive forces, pricing options, and relative costs.
The cybersecurity concentration offered by NEC allows students to take a deep dive into issues surrounding this increasingly vital part of every organization. Organizations need strategic leadership to meet the evolving threat posed by those seeking to hack computer systems and steal data.
The NEC Executive MBA concentration in cybersecurity gives students a sophisticated understanding of what organizations must develop in order to create secure and resilient cybersecurity structures. Courses include exploration of the fundamentals of computer security, cybersecurity planning and management, cloud computing, database security, and digital forensics tools.
The Requirements for an Executive MBA Hybrid Program
The NEC Executive MBA is a hybrid program that includes online and on-campus elements. Students take online courses during the six semesters of the program. In each semester, students also have a three-day campus residency.
NEC also requires a one-credit internship for the program. Students take at least seven credits per semester to be considered full-time. Completion of the program requires earning 40 credit hours.
For ambitious professionals, earning an Executive MBA sets them up for higher positions and more responsibility in their organization. With the convenience of a hybrid program, they now can elevate their careers while maintaining their current positions.