Thursday 26 March 2015

MET: Executive MBA



MET: Executive MBA

There’s an old saying, “Education is its own reward.” Nowhere is this truer than in the case of an MBA degree. Whether you’re pursuing a full time course or an Executive MBA, as many professionals with career ambitions today are, the apparent value of an MBA degree is there for all to see. While an Executive MBA isn’t the only prerequisite for career advancement, it is an extremely important determinant in how far you could go in making a mark for yourselves in your career.

The following are the salient benefits of an Executive MBA programme from a recognised and reputed institution.

1.      Better rate of incremental income: An executive MBA is an expensive proposition, sure. But most EMBA students also see a bare minimum year on year increment of around 14%. This is just the tip of the iceberg and in essence the beginning of a long and productive career, On an average, an executive MBA, from a reputed institution pays for itself within a year and a half of graduation. The upper limit on salaries and increments are completely up to the individual in question.
2.      Inculcates better all round skills: The knowledge imparted in an executive MBA classroom is being given to students who already have access, on a daily basis to situations where this knowledge can be tested on a daily basis. An EMBA also gives students the access to some of the industry’s brightest minds and enables them observe the leadership style each doyen comes in with. This means an inculcation of better all round skills and the access to real world situations to test these skills in, which leads to a better grounding.
3.      A sense of innovation: Being able to think on the fly and adjust to high pressure situations, by being flexible and innovating, is one of the traits that EMBA graduates are renowned for having. This happens primarily because of the circumstances of the teaching methodology and curriculum also the application of learnings to business situations on a daily basis.
4.      Greater perceived value: An organization that already shares a comfort level with an individual, is more likely to promote said individual from within itself. An individual opting for an EMBA ensures that the powers that be, notice his/her drive and ability to multi-task, two very important parameters in a promotion situation. A company perceives an EMBA graduate as greater value, because he or she is from within the company and is therefore available to the management on a more full time basis, is known to have greater and more contemporary knowledge and market intelligence and are hungry to prove their worthiness. This makes them indispensable in the long run.
5.      Easier to speak the Glocal language: In the age of ‘Think Global, Act Local’, the way business speaks has also changed, this means that many of the precepts that held true even 5 years ago are obsolete. An EMBA programme is tuned withan eye on both the present and the future and is geared to equip a professional with the tools to understand, associate and speak the language of the ever evolving business scenario.

An executive or EMBA is an excellent way for a professional to update their skills and education with the aim of forwarding their careers and job profiles. While a top EMBA is an expensive proposition, it is an attractive options, as the benefits far outweigh the costs.

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