Wondering if an Executive MBA (EMBA) degree might be right for you? Executive MBA programs let executives integrate their career experiences with classroom instruction. The goal is to unlock their full potential as leaders, managers, and problem solvers. Programs like the Washington State University Online Executive MBA allow busy executives to earn an advanced degree without interrupting their careers.
Rock Your Job
Would your job satisfaction improve if you felt like you were bringing stronger skills to your office? According to the Wall Street Journal, companies that encourage their executives to earn the EMBA degree report quick results. “One-quarter of the companies surveyed said they see tangible results immediately from employers who are stronger managers and leaders after completing an EMBA; another quarter of companies said they see results within a year.”
Move Your Career Forward
Of course, those stronger job skills translate into potential promotions. The EMBA program teaches leadership and management skills intended to prepare you for the highest levels of management, and completing a program lets your employer know you’re interested in moving up.
The Washington Post reports that EMBA candidates sometimes underestimate the career potential of their new degree. “The Executive MBA Council reports 37 percent of students exiting an executive MBA program expected a promotion – 43 percent were actually promoted. Not only that, but once promoted they are more likely than graduates who received promotions from other programs to report an increase in their budgetary authority, according to a GMAC Global Graduate Survey.”
Expand Your Career Potential
In the modern business world, career paths are not always linear, and additional qualifications can open doors. If you become interested in a different area of your company’s operations, or a different company or industry altogether, your degree will give you lots of leverage to make a transition.
Why Your Company Might Foot the Bill — And Why You Might Say No
For companies that value the retention of high-level staff, a fully paid EMBA is the perfect job perk to offer. For less than the cost of a typical consulting contract, they can develop an existing executive for a higher position — without sacrificing much time at the desk. Forbes magazine cites this statistic: “80 to 90% of companies pay their employees’ tuition.” Forbes also points out that most companies require a work commitment of several years after completion, so if you’re thinking of changing careers, this may not be a good option for you.
Integrate Your Education With Your Career
How can EMBA programs produce graduates with only a part-time commitment for two years? Because the average EMBA candidate already has ten years of real-world management experience. With that kind of background, students can absorb and apply concepts quickly. Continuing to work while studying is also an advantage. Each day at the office becomes an extension of the classroom, as real-world challenges and opportunities bring textbook concepts into sharp focus and invite application as well as experimentation.
If you’re interested in learning high-level strategic skills, advancing in your career, and bringing a fresh vision to your current challenges at work, these flexible programs deserve consideration.