An MBA is one of the most sought-after professional degrees in the world. Be it engineering, commerce, or science graduates, a large number prefer to complete an MBA after their graduation. However, not everyone can or may choose to do an MBA right after graduation. People may choose to accumulate work experience before opting for an MBA. As a result, an MBA programme has been tailor-made for working professionals, known as an executive MBA for working professionals.
These postgraduate programmes are designed for professionals who typically have at least five years of experience in the corporate world. Here is all you need to know about an executive MBA for working professionals.
What is an executive MBA for working professionals?
An executive MBA for working professionals is a postgraduate programme that is specially designed for individuals that have at least five years of working experience in the corporate world. It helps you gain a deeper understanding of various business functions and what it takes to be a manager and a leader in an organisation. The programme aims to help you understand the various facets of management and highlights the importance of strategic thinking and executive communication.
An executive MBA can be of different types such as full-time, online, part-time, weekend, and evening classes. These courses are designed to allow you to continue working while completing the MBA.
What do executive MBAs for working professionals teach in general?
The curriculum of an executive MBA can be broadly broken down into two parts – a core section and specialised modules. The core section includes an overview of various fundamental business concepts including business, leadership, and management skills. It includes subjects such as accounting, business ethics, communication, economics, executive leadership, data analytics, marketing, and financial management
In addition, an executive MBA for working professionals offers specialised modules, also known as elective modules. These usually involve topics such as entrepreneurship, private equity, mergers and acquisitions, and asset management. The elective modules vary as per the course and institute, and help an individual gain deeper insights into a specific business area rather than obtaining an overview of business functions.
An executive MBA curriculum includes theoretical learning along with practical experience. You will be expected to analyse insightful case studies and examples to understand the real-world business scenario. Executive MBAs for working professionals also cover topics such as communication, self-introduction, and presentation skills. In other words, this course is designed to improve your communication skills.
Benefits of an executive MBA for working professionals
An executive MBA for working professionals is a specialised course that is designed to achieve specific outcomes. Here are the key benefits of the course:
Students in an executive MBA course already have work experience, but with the help of the programme, they can gain insights into various business functions and ultimately become better managers.
An executive MBA helps provide a platform to ready yourself to tackle leadership roles. As these courses cover topics such as communication, presentation, people management, and finance, you can get an overview of what it takes to manage teams and run a business successfully. This learning is critical to prepare you for leadership roles.
Better career prospects
An executive MBA is typically opted for by individuals who feel their careers are stagnating, who are looking for a change in industry, or who are seeking better opportunities. An executive MBA for working professionals plays a critical role in improving your career prospects. You can opt for managerial positions and leadership roles, as well as gain better opportunities in your industry or company.
You do not need to take a break from your career while opting for an executive MBA for working professionals. This is one of the biggest advantages of an executive MBA. Be it a weekend, online, distance or evening programme, you can complete the course while working a job.
Another key advantage of an executive MBA is that you can enjoy a flexible schedule, unlike a full-time MBA, which has a strict schedule that demands regular commitments from students.
Learning at your own pace
You can decide the pace of learning in an executive MBA for working professionals due to the flexible nature of these courses.
An executive MBA for working professionals can help you become better at your existing job or find a better one. The course offers flexible schedules and helps you gain a deeper understanding of various business functions and what it takes to be a manager and a leader in an organisation.
If you’re on the lookout for a great executive MBA for working professionals, you can opt for the accelerated management programme offered by the Harappa School of Leadership (HSOL), an online learning platform that blends time-tested pedagogy with innovative learning experiences and content tailored to the busy lives of professionals on the go.