Nine reasons to go for an Executive MBA program.

Recently, I completed my first year of Business Management Education. So far it was a roller coaster journey with few hits and few misses. Nevertheless, the experiences of much hyped education on earth were priceless. After one year my perception towards an MBA degree changed lot, and for good. Here I want to bring two controversial observations:

• MBA as Master of Business Analysis:

This is probably suited for people with fewer experiences, someone who is fresh from college. Subjects like economics, statistics can be learned here, can be researched  in breath and width. Tools of evaluating companies Beta value, net present values, so on and so forth can be learned and practiced. These are hard skills and based on your interest you choose whether to take a “Murder and Acquisition” profile or be the next gen prolific liars (read Marketers)

• MBA as Master of Business Administration:

Administration is different from analysis. Here you do the real cool stuff. You are mid level executive and formulate company’s strategies with available resources. You try to align firm’s business objectives with that of your employee’s. You deal with rebellious fractions, defend hostile bids from competitors, may sometimes offer counter bids and so on and so forth. You motivate your colleagues and in the process try to get best out of them. Needless to say, this type of management practice is based on pure intuition and it can only be learn by trial and error methods, through previous experiences, or by continuous practice.

MBA education comes with various flavors and apart from traditional full time courses, part time executive education is getting acceptance worldwide. Notwithstanding the values and ROI a full time course offer, it’s worthwhile to explore benefits an executive MBA program brings or rather reasons you should go for it.

• You don’t have a choice.

• You are an executive with substantial experience and want to appreciate the concepts of MBA (administration not analysis).

• You customized your needs. In some schools there are no differences in full time and executive curriculum.

• You want to apply business schools learning from the day one to your work place. Needless to emphasize, MBA is most valuable when you can apply what you learn right away.

• You are financially concern and can’t afford to loose two years salary.

• Placement is not a concern for you, because you know various schools are now providing substantial career counseling, one long-standing complaint from part-time students is that they get little in the way of career services.

• You identified that you lacked soft skills want to increase that without much worrying about hard skills.

• You identified that industry is more worried about capabilities you bring to the firm not the certificates.

• You don’t want to break heart of your cute little girl in picture.

Finally some of the best institutions providing executive education worldwide:

1. Duke corporation education
2. IMD
3. NorthWestern University: Kellog
4. Harvard Business School

You can find the complete FT ranking here.

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