#1
3rd March 2016, 01:53 PM
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MBA EMBA Difference
Hello, I want to know the details of the difference between the MBA and EMBA course. Please provide me.
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#2
3rd March 2016, 02:25 PM
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Re: MBA EMBA Difference
Hello, here I am providing you the details of the difference between the MBA and EMBA course as under: ‘EMBA’ simply stands for ‘Executive Master of Business Administration’, which is commonly misconstrued to be a superior form of MBA study. Master of Business Administration (MBA) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. Executive Master of Business Administration (EMBA) programs were first established for senior executives by the University of Chicago in 1943 and are now offered by many schools worldwide. Application Requirements EMBAs are catered towards working professionals with extensive work experience – generally in the region of 10-15 years. For full-time MBA study, emphasis is very much placed on GMAT scores and essays. A minimum GMAT score of 600 is required in most schools, with top institutions requiring 700 and above. Duration and pace EMBA study is part-time, on evenings, weekends and intensive weeks which can take place at different places around the world. EMBA students, by and large, stay in their current positions on a full-time basis (and with a full-time salary) while they learn. Full-time MBA students have intensive schedules, making it pretty much impossible to maintain a job outside the program. Although the classes are completed at a faster rate, the EMBA curriculum covers the same material as MBAs. Fees and sponsorship The majority or entireties of EMBA students’ tuition costs were covered by employers, who benefit from the new skills their managers, are learning. MBAs are entirely self-funded, although there a wide variety of scholarships available to students through private companies and schools. Focus of Study When it comes to focus and curricula, MBA programs tend to be more concentrated on specific areas of business such as marketing or finance. EMBA programs cover business studies from a strategic perspective, extensively covering all aspects of the industry. |
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