In the field of business education, students are most likely to come around two types of master degree program when going to pursue their career in the field of business. Career choice is very sensitive to decide and follow. One should have the clear understanding of his chosen field. For the business student, it is as important to know the What Is Difference Between Regular MBA And Executive MBA In Pakistan, as that his career is on steaks. Let’s have a deep and clear understanding of both master programs.
Master of Business Administration (MBA) is a master’s degree in business administration, which catches the attention of people from a wide variety of academic disciplines. Executive Master of Business Administration (EMBA) programs were initially designed for senior executives by the University of Chicago in 1943. Now almost all institutes offer this program. We can say “an Executive MBA is basically a part-time MBA”. The average student profile is somewhat different from MBA and Executive MBA. These programs are designed for experienced executives. The executive is the one who has a preference for not taking a career break to take a full-time MBA and typically necessitate important business experience to gain admission. To find the difference between both few areas of differentiation is discussed.
What Is Difference Between Regular MBA And Executive MBA In Pakistan
The course length matters when deciding upon selecting the career. It takes 2 years to graduate MBA program whereas an Executive MBA, as a rule, requires 18-20 months time duration.
The second difference is the Cost of the course. The average cost of a full-time MBA program is comparatively more than an Executive MBA program. The financial aspect is very important while considering your career especially for those who are financing their studies themselves.
In the first year, the course of Full-time MBA program educates the basic of management studies. In the second year, it provides you the deeper understanding of the area of specialization. Executive MBA usually lay emphasis on developing of managerial and leadership qualities which is strongly applicable to nature of work and job. Whatever the difference is but both programs delivers you the knowledge possible problems that you can encounter during your business and job or difficult situations which can make you stuck, and their alternate solutions and ways to get out of them.
Difference Between Regular MBA And Executive MBA
|Regular MBA||Executive MBA|
|Time Duration||2 years to 4 years||15 months to 2 years|
|Requirement||14 or 16 years of Education||14 or 16 years education+ 2 to 5 years experience|
|Schedule||Full-Time||Part-time or Full Time|
|Cost||As per University||Half to Regular MBA|
|Education||Start with Basic then professional||Professional|
Usually, to get admission for an Executive MBA Program, a candidate must have a professional experience of the minimum of five years. This is because the Executive MBA Programs were intended to facilitate upper-level managers with up to date knowledge and skills required for a business. Most of the universities do not necessitate taking the GMAT for admission. Contrary to this the candidates of MBA Program are necessarily required to have professional work experience, but they must take the GMAT. This is the complete Difference Between Regular MBA And Executive MBA In Pakistan.
Both the programs have their positive and negative impacts. It’s all a matter of experience, convenience, and career planning. In the end, keep in mind the suggestions that always proceed with some caution and try to get a good grasp on the knowledge of how good the reputation is of any particular field.