Before deciding what to do after graduation, students of Best MBA Colleges in Jaipur need to know what options they have for higher education. A postgraduate course can do a world of good for their career and put them on the fast-track to success. Two of the best postgraduate courses they can do after graduation is an MBA and an Executive MBA. Now, they might think that one is better than the other, but the truth is that both have similar values. What sets them apart includes parameters and delivery. They have to choose between the two based on their need.
The Master of Business Administration or MBA is a 2-year postgraduate management degree course. This degree teaches MBA graduates all aspects involved in running a successful business and makes students eligible to get a managerial job in the industry they specialise for. The MBA degree is one of the most popular postgraduate degree courses in India.
The Executive MBA or EMBA is a degree for working professionals. This degree is designed for graduates who are currently employed but would like to get ahead in their careers in managerial and administrative positions. The course is a 2-year degree course, but there are shorter versions as well and can be done easily part-time. The Executive MBA is very popular with working professionals.
Both degrees are the same and the EMBA might be the advanced version, the truth is that none is better than the other. But there are a few differences that divide these degrees.
To get admission into an MBA degree course, students of Top MBA colleges in Jaipur need to be a graduate with 50% or more as their graduation score. Also, they need to clear a competitive entrance exam to get admission. Some private MBA colleges may provide direct admission.
The parameters for admission in an EMBA course are similar to the MBA, but there are some added conditions. Graduates need to have a minimum of 2 years working experience in a management position. Some colleges require 5 years’ work experience. The job needs to be a full-time job as no college accepts part-time work as a full-fledged work experience.
The MBA degree requires their full attention. During the day, students attend classes and during their free time, they finish their class and homework assignments. These assignments carry a lot of weightage and affect their final grade.
The EMBA is basically a part-time course. Since it is a course only for working professionals, it has been designed in a way to accommodate their busy workdays. The course could be done online, during the evenings after work or during the weekends. EMBA graduates have to work hard to make time for studies as they are busy with their jobs.
In the MBA curriculum, the top MBA colleges in Rajasthan get the benefit of a lot more electives and specialisations. Students can dedicate all their time to the course, so they can take a lot more workload. The basic management education remains the same in both courses.
The EMBA has only a few electives, but the course work is mainly intensive. They have to get more done in less time. Thus, the options are few but education is a lot more concentrated. Also, EMBA has other specialised options not available in an MBA.
The fees for the MBA course are higher compared to the EMBA because it is a proper full-time course taught in an Best MBA College in Jaipur in classrooms. There are other costs like laptops and additional study materials for the extra electives that includes the cost of the course.
The EMBA course are more affordable owing to lesser subjects, and online classes and study materials. Also, there are an added advantage of the company they are working in bearing the costs of the course. Many companies send their deserving employees for such courses and foot the bill.
Both degrees give a substantial boost to student’s careers. Most MBA graduates most likely start fresh, and start at a lower salary. But this salary figure will get a higher with a good year-on-year increase, resulting in MBA graduates making an excellent living.
EMBA graduates are already getting a full-time salary while studying so the raise they get may not be as high as an MBA graduate, but it is still a good one. In addition, with the already high salary amount owing to their job and experience, it all adds up to be a good figure.
It is an important differentiator in both the courses. The MBA course provides an excellent student experience. This is the course where the students of best MBA colleges in Jaipur are young and tend to make connections with other students. Also, MBA graduates get a chance to network with alumni through their college.
The EMBA graduates are already working, so the networking opportunities are a lot better in their course. They can truly benefit from professionally networking with each other and the alumni of their MBA College in Jaipur who can bring in opportunities once the course is done.
Additional costs are costs incurred other than the course fees. Hostel fees, cafeteria, travel costs, and canteen expenses, and fees for extracurricular activities amount quite a substantial amount.
The EMBA has very few additional costs. If students of best MBA Colleges in Rajasthan have to attend classes, they look for EMBA courses in the city they live in, so no question of shifting cities. If the course is online, the only costs they incur is of a good quality laptop and internet connection.
The career goals for both degrees are similar but the path towards those goals is different. MBA graduates looking to get into strong management positions once they finish their education and start working. Their main career goal is to make a strong career in the industry they specialise in, and get a good salary and benefits.
EMBA students aims for a career in the best management positions. However, during the course, they are already working in a managerial position. Such students’ career goal is to gain knowledge that only an EMBA course can bring, so they can work better and attain an even better position than their current one.
The MBA course is right for the students of best MBA colleges in India if they want a jump start on their career and start at the managerial level and gain great leadership and communication skills. The EMBA course is right for them if they want to get ahead in their current job, or if they want to gain experience in the professional world first and then get a management degree.