Are you at that stage in your career where you’ve worked hard for years, and poured your blood and sweat into your company to finally get that managerial post but now you’re stuck at it? If the next promotion that you think you deserve is just out of your reach then you might need to think about signing up for an executive MBA program.
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What is an Executive MBA?
Like an MBA (Master of Administration) course, executive MBA (EMBA) courses provide business education in subjects like finance, marketing, accounting, etc. The main difference, however, is that while MBAs are usually full-time programs, executive MBA programs are not as they are designed for jet-set executives – who need to be able to take classes while working full-time in a high-responsibility management position in their company.
Types of Executive MBA
Since executive MBAs are meant for working professionals, they can be of either of the 3 types to suit the needs of the people who have to work while taking this course. The 3 types of EMBA programs are:-
- Full-time: These are usually on-campus courses for people who can take the time off from their jobs for the duration of their course or are okay with taking a short break from their professional life.
- Online: Renowned management institutions like UBS offer online executive MBA for working professionals as they want to work in their jobs full time and study in their free time. This option is also valid for executives who sign up for the course from outside of Mumbai.
- Part-time: This option is for working individuals who can take time off sometimes to study for their dream jobs within the company they are working in or in other companies. There are usually options to choose from weekdays or Saturday or Sunday batches.
Admission to EMBA programs usually takes place on the basis of entrance examinations. Scorecards of various national-level entrance exams are accepted at colleges like UBS, which has some of the best Executive MBA programs in the country. Some of these entrance exams are:
- CAT (Common Admission Test)
- GMAT (Graduate Management Admission Test)
- C-MAT (Common Management Admission Test)
- MH-CET (Maharashtra Common Entrance Test)
Other eligibility criteria to get into an EMBA program include a statement of purpose, two LORs (letters of reference) and at least 2 years of management experience.
EMBA Course Overview
The duration of a typical executive MBA program is somewhere around a year, either 12 or 18 months.
The course structure of EMBA programs varies from one college to another. For the sake of brevity, we have used the course details of the EMBA program from the Swiss School of Management that is offered by UBS – the best management institute in Mumbai.
- Organisational Behaviour and Human Resources Management
- Social Media and Digital Marketing
- Dynamics of marketing and research
- Negotiating Globally
- Competitive Strategy
- Investment Management
- Leadership 360 Degrees
- International Law and Ethics
- Accounting and Financial management
- Global MAcroeconomics and International Finance
There are 3 specializations to choose from in the EMBA program from the Swiss School of Management at UBS. They are
- MBA in Global Management & Leadership
- MBA in Entrepreneurship
- MBA in Luxury Management
We have compiled a list of the subjects you’ll be taught in detail should you choose any of these specializations too.
|Global Management & Leadership||Entrepreneurship||Luxury Management|
|Managing and Leading in Different Countries||Individual & Organisational Leadership Skills||Fundamentals of Luxury Business Management|
|Individual and Organisational Leadership Skills||Entrepreneurial Financial Management||International Luxury Branding|
|Managing Business Ethics||Innovation and Entrepreneurship||Retail & Distribution Management|
The Global Aspect of Doing an EMBA from UBS
The collaborative EMBA degree from UBS and SSM (Swiss School of Management) also has a 1-year study and work abroad option for students. The SSM collaborates with INSEEC Business School in Paris, France to award its MBA degrees and hence students can choose between the INSEEC schools in either Paris or London to study for 6 months and then participate in a 6-month paid internship. The subjects you will be studying will differ depending on which INSEEC location you choose, which we have detailed below for your consideration.
|Subjects Taught at INSEEC, Paris||Subjects Taught at INSEEC, London|
|International Business||Corporate Finance|
|Finance||International Brand Strategy & Marketing|
|Marketing & Brand Management||Financial Markets|
|Fashion Marketing and Luxury Brands||International Business Management|
Exposure and Networking
One of the benefits of signing up for an EMBA program is that you will be able to meet people from all over the globe, who are in similar positions to you professionally. The advantage of that is that you will get more exposure as you build bigger and more global networks. The reason why most Executive MBA programs turn down applicants who don’t have enough work experience is that they use practical teaching methods more. Classmates learn new things, concepts, ways of tackling problems, etc., from each other. This practical learning is way more valuable than anything you can learn from a book.
Most EMBA programs place a heavy emphasis on leadership training throughout the duration of the program, helping students to understand more about their managerial style and refine it to suit their needs better. You will learn and improve various leadership skills like communication, problem-solving, analytical thinking, and much more during the course of your EMBA program at the best management institute in Mumbai, UBS.
There can be many ways other than the ones we talked about in this blog in which an executive MBA can help you in your career. Sometimes, your company can cover the cost of your EMBA totally to convince you to stay. Or you can even choose to leave your company and join somewhere else with the higher salaries you’ll definitely be privy to now that you have an EMBA degree. With an EMBA degree from UBS, the world is your oyster.
- Are there other EMBA programs at UBS other than the one by the SSM?
Yes. There are other EMBA programs at UBS too like the EMBA from Cardiff Metropolitan University, UK, or the Global Blended EMBA.
- Are there any specializations in the Cardiff EMBA program too?
Yes, there are. You can choose from Marketing, Finance, Human resources, and Business Analytics specializations.
- Are the fees for an EMBA program at UBS a lot?
No. UBS offers its EMBA programs within 5-7 lakhs which is not a lot considering its partnerships and collaborations with global business schools.
- Is there a focus on Practical learning at UBS?
Yes, there is. UBS has an Experiential Learning Waterfall which optimizes the learning process towards 80% practical learning.
- Are the EMBA programs globally valid?
Yes. The MBA degrees you get after completing your executive MBA for working professionals at UBS are from European Universities, so they are globally accredited and accepted.