Wednesday, March 7, 2012

Is the Executive MBA Program Still a Good Idea Today?

Many students of the EMBA in the old days had their tuition paid for by their organizations, who expected them to stay with them for bigger and better offices after completion of the course. However, majority of the participants in executive MBA program courses these days are paying for their fees themselves. Experts note that this is most likely the cause of the stunning numbers moving to other careers while studying for an EMBA.

The EMBA originally became popular some years back. After the financial crisis in 2008, the need for executive MBA career programs accelerated further. According to a survey on students regarding their needs, about 30 to 40% of them are seeking to make a career shift.

The university is becoming a kind of "time-out" space now, where the student stops for a moment to consider whether or not he needs a career change. There is a trend of EMBA students planning to make some sort of transition, whether in their present company or an overall change elsewhere. Many B-schools started by bringing in career counselling specifically to coach EMBA students, whose needs vary from those studying full-time.

To get into an EMBA, you need to prove that you have at least 7 years of working experience behind you, which stacks up to considerable experiential knowledge. But a lot of business schools are still adapting to their focused career needs. According to the Bloomberg Businessweek graduates survey, many students complained on their schools’ inability to assist them in finding jobs, not getting any real support from their school’s career management recruitment office.

CV evaluation and career counselors are now provided by a number of universities, to the benefit of their students. Many universities combine the aforementioned services with other beneficial ones. The colleges wish to provide the direction and assistance necessary for people's crucial career choices.

Majority of the people entering the course are yet demanding more help, though. The problem is that more people are taking the courses and fewer companies looking to hire. Networking figures highly even now for the students of the program who wish to change jobs or companies.

There are a lot of schools still unwilling to help students find alternative careers out of what they consider a conflict of interest. That is rapidly changing. This is now becoming a course where students decide to take themselves from their companies and to other ones.

There have been significant developments altering the face of the matter. Many establishments are now helping each other to provide better career counseling for But still, many schools resist making career programs like those offered to full-time MBA students.

A huge portion of the student population is currently interested in the notion of having recruiter groups coming to campuses. However, many EMBA schools view their role differently. Usually, it is argued that the people in the EMBA have a job already, and so do not require job fairs and the like.

The argument is that an Executive MBA program is not so much a place where a person can get a new job but rather the means to get a new job if he so desires it. Shifting careers is the EMBA is now more or less commonplace, even if there are still a few people who think otherwise. Whatever the case, the B-schools have to deal with it delicately.

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