In recent years executive MBA degrees for working managers have considerably increased in number. The rise in EMBA popularity is largely due to the growing number of highly experienced managers seeking MBA programs that permit them to juggle personal life, studies and full-time employment.
Over the last four years the executive MBA route has been performing better than any other MBA delivery method. According to the “Application Trends Survey”, conducted by the Graduate Management Admissions Council? (GMAC?, 2005), “...the trend in application volume for executive programs has been at a relatively stable level of increase since the first measurement of executive programmes in 2001”. The full-time MBA market, on the contrary, is declining worldwide.
In spite of an impressive growth of EMBA applications, the Executive MBA still occupies a small part of the overall MBA market. The part-time MBA delivery method dominates the MBA landscape. Part-time programs reported an increase in applications in 2005, more than in either of the previous two years. Overall, 46 percent of part-time programmes reported increased application volume in 2005 compared with 27 percent in 2004, and 33 percent in 2003 (GMAC?, 2005). At the same time, it is worth remembering that an important niche of the MBA market belongs to the traditional two-year, full-time MBA. It continues to exercise a decisive influence on the mainstream media even though this delivery method has experienced a dramatic decline in applicants. It is not surprising then that in the U.S. two-thirds of students enrolled in U.S. MBA programmes are in part-time or executive programmes.
In the Access MBA Executive Guide informs you about those MBA programmes that allow managing the demanding aspects of an MBA students’ life, such as studies and career. You will find a detailed analysis of the difference between part-time (modular), distance learning and executive MBA degrees, which will allow you to make the best decision.
The EMBA was first introduced by the Chicago Graduate School of Business in 1943. Since then, the executive MBA market has rapidly expanded. At the present moment, as the Economist Intelligence Unit reports, “...more than 210 universities and colleges in the US, Canada, Europe, South America, Asia, the South Pacific and Africa offer EMBAs”. (G. Bickerstaffe, “Which MBA?” Economist Intelligence Report, 2005, p. 51). The Executive MBA programmes have separate rankings. Seven new schools have entered the Financial Times ranking of top global EMBA programmes this year, four from Europe, two from the US and one from Asia.