How an E-MBA is more cost-effective than an MBA degree

An MBA, or Master of Business Administration, is a postgraduate program that focuses on developing executive-level managerial skills. MBAs are an excellent choice for professionals who need additional education to reach the next level of their careers. Meanwhile, the E in E-MBA stands for executives; however, this does not indicate superiority. An E-MBA is more cost-effective than an MBA degree is the same degree but is structured differently. It is designed keeping in mind candidates who are already working. The average age of an E-MBA student is between 32-38 years, which is higher than that of MBA students. One of the key differences between an MBA and an E-MBA is that the latter is more flexible in terms of classes and syllabus. Executives do not have to quit their jobs to pursue an E-MBA. 

MBA graduates may go on to work as business leaders in positions such as:

• Marketing manager. Experts in this position do a market analysis to find possible marketing campaigns and sales, as well as build product promotion methods.
• Administrative services manager. Professionals plan and coordinate vital company processes in this role, such as record keeping and facility maintenance.
• Human resources manager. In this role, professionals oversee organizational processes, such as recruiting, training, retention, and relationship management.
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Meanwhile, E-MBA programs are designed for mid-career professionals seeking to advance beyond managerial and directorial positions into change-making leadership positions. It covers vital practices in Administrative control, Information systems analysis, and International business management. 

Graduates of the EMBA program may go on to work in fields such as:

• Chief financial officer (CFO): Experts in this position oversee the financial operations of the organization, including accountancy, investments, budgeting, and taxes.
• CEO: Experts in this position develop and implement the firm’s overall strategy and objectives.
• Chief operating officer (COO): In this role, executives work with the CEO to ensure that teams are efficient, productive, and on track toward meeting the organization’s goals.

On average, an MBA costs more than an E-MBA. Even in distance learning courses, an MBA degree would cost more than an E-MBA degree. Although, many institutions have modified the fees of both courses so that they cost the same. Candidates who wish to pursue an E-MBA get the critical advantage of a Corporate scholarship, which helps cover the cost of the course. Quite a few companies pay part or all of the EMBA tuition for their executives. According to a 2020 survey by EMBA, nearly 15 percent of all EMBA students received full sponsorship for their degree programs. For candidates who qualify, tuition reimbursement is an enormous incentive to consider the EMBA route.

IBMS Institution provides a list of certificate courses that you can pursue as they are relevant and convenient. Learn management skills at the Institute of Business Management Studies that will help you to shape your future. E-MBA is more cost-effective than an MBA degree.