The Executive MBA Council (EMBAC) together with LinkedIn Marketing Solutions (LMS) have released a new survey asking the simple question: ‘Is an EMBA worth it?’
An overwhelming majority—72% in fact—of the 1,017 Executive MBA (EMBA) alumni they asked around the globe, agreed it was.
And, rather than taking their word for it, EMBAC’s collaboration with LMS shined new light on the survey, offering a solid foundation for their findings.
“The Executive MBA Council hears from alumni about how the program has enhanced their careers, but working together with LinkedIn to survey their members, we were able to gather concrete evidence that an EMBA program has a positive impact on one’s career,” said Michael Desiderio, executive director of the Executive MBA Council.
“Interestingly, the results show that earning potential was not the main factor for prospective students when deciding to attend a program; rather, it was an increase in business knowledge and skills that could positively impact change for their career course.”
As a result of an EMBA, many of the 1,017 graduates—from North America, Latin America, Europe, the Middle East, Africa, and Asia—were promoted, saw an upsurge in salary over time, changed career, or even launched their own companies.
Indeed the ability to change career path was among the top five reasons for graduates having initially pursued an EMBA—ahead of a salary increase.
Consequently, the most important returns for prospective students when enrolling on an EMBA program were the development of hard and soft skills—core business knowledge, leadership, and collaboration skills—which opened the door to a career change, or the ability to found one’s own company.
As the scope of the survey shows, business education is a global affair that connects business folk from around the world—indeed a more digitized world makes that easier.
Digitization also allows companies like LinkedIn to increasingly keep track of EMBA graduates’ data, something global senior marketing manager of higher education at the company, Ira Amilhussin, said is part of the reason they worked with EMBAC on the survey.
“LinkedIn is actively investing in solutions for higher education institutions,” she said, “so it was a natural fit.
“On LinkedIn, schools have a unique opportunity to engage prospects, current students, and alumni. And we were able to survey our worldwide user base to determine the return on education as it relates to EMBA programs.”
Many busy executives and mid-career professionals are looking for that extra boost to their business caliber.
In Europe, Copenhagen Business School is one of many b-schools to offer a flexible program to accommodate working executives—the school’s 26-month program takes place on Fridays and Saturdays with the option of taking a break in between semesters. Additionally, the final semester can be completed at any time within five years of first starting the program.
More executive learning is going online. 90% of MIP Politecnico di Milano’s International Flex EMBA is conducted online.
Hult International Business School’s flexible EMBA offers candidates the option of online learning for each of its modules so they can tailor the program to their needs.
As is the nature of business today, executives can’t underestimate the value of global business knowledge—with the increasing influence of China at the center.
With this in mind, Beijing’s Cheung Kong Graduate School of Business (CKGSB), is launching a new China Mini EMBA+ program at the start of 2018.
The six-month program is conducted over nine intense days and spans five cities—London, Paris, Beijing, Shanghai, and Shenzhen—giving western corporate managers, executives, directors of SMEs, and startup owners a specific insight into how to conduct business in China.