Benefits of an Executive MBA
Before we go any further, we need to understand that no premium can be put on education. That being said however, you need to understand that an executive MBA is an expense, or if you would consider it, an investment. Like any good investment, it is meant to secure your future and thus must be seen from a long term perspective. What do we mean by long term? Well conservatively speaking, it is up to 10 years, but the results/returns on your investment will be consistent and well worth the wait. Here are the benefits of an Executive MBA.
1. Steady and consistent increment: On an average, an executive MBA pays for itself within a year and a half of graduation. Most EMBA students also see a year on year increment of up to 14% and this is only the beginning. The upper limit on salaries and increments are completely up to the individual in question.
2. Better Leadership skills: An executive MBA teaches precepts and solutions to a student, that they being employed can gainfully experiment with in live situations. Also being able to apply and observe classroom teachings to workplace, real world situations, brings out the best in an EMBA graduate.
3. Innovative Solutions: EMBA graduates are renowned for being able to find flexible and innovative solutions in order to maximize an organization’s operations, performance and effectiveness.
4. Greater value: An organization perceives an EMBA graduate as greater value, because he or she is 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. Speaking the global business lingo: ‘The language of business’ can be rather daunting, even for the most ambitious of executive professionals, but an Executive MBA will put paid to that. Not only will you be able to understand what is being discussed around the boardroom table, you will be able to participate, add value and provide more senior managers with food for thought.
6. Global Connections: The most important benefit of an EMBA is the level to which you can network and build your connections. Your classmates and peers are bound to be in companies across the globe, which opens up avenues for you across business efficiencies and organisations the world over. Not only in the sense of a job change, but more importantly as an important resource for your employers, especially when they need to partner with global firms.
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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