The Executive MBA (EMBA) program is demonstrating rapid growth, providing great opportunities to business professionals in this highly competitive global market. With the convenience that online EMBA programs provide, professionals can now have the flexibility and convenience of an effective education without sacrificing the quality of the education.
Executive MBAs have a range of advantages, many of which have been proven with the growth of the program over recent years. For those considering an online EMBA program, here are some key benefits.
Time
One of the most obvious benefits of online Executive MBA programs is the amount of time saved.Traditional classroom-based courses require long journeys to and from university and as a result, much of your life is spent commuting and attending lectures, tutorials and other activities. With an online EMBA program, professionals can remain in their current employment and/or maintain their family commitments whilst studying, allowing them to better juggle their lives.
Cost
Another key benefit of an online Executive MBA program is the cost. Traditional MBA programs require you to make a life commitment by taking time out of the work force. Furthermore, the cost of an EMBA can be over $100,000. Online EMBA programs such as that offered by the University of South Wales are considerably cheaper than in person courses, in some cases giving you access to an Executive MBA for half the price.
Career Advancement
With the completion of an Executive MBA, professionals are able to gain better seniority in their current roles; giving access to further promotion possibilities or improved salaries. An executive MBA also gives professionals access to a much wider scope of opportunities. For example, graduates may have access to new job sectors which have not previously been available to them.
Networking
Online Executive MBA programs give access to networks of business relationships that may have otherwise been unattainable. For example, USW Online’s executive MBA boasts of a global student network of over 11,000 people, providing graduates with an improved scope of professional contacts.
Learnings
In terms of the learnings, online Executive MBA programs present an excellent range of courses and modules suitable for experienced managers and executives. Through the various courses, executives can brush up on a variety of subject matters that can be applied to their current roles, as well as to any new ventures.
As online Executive MBA programs become increasingly popular, the cost and convenience offered by these courses make them a great option for business professionals looking to take their careers to the next level. With a range of advantages ranging from cost to career advancement, Executive MBA courses are here to stay.