Setting yourself apart in today’s business world is a challenge. With ever-improving technology, increasingly dynamic markets and fierce competition, it’s hard to stay ahead of the curve. For committed professionals looking to advance their careers, diversify their skillsets and make an impact in their industries, an MBA or Executive MBA degree may be the perfect option.
When selecting your degree, it’s important to factor in your skillset, experience and career goals. After considering these factors, a common question from prospective students is: “What’s the difference between an Executive MBA and an MBA?” For applicants who are considering either program, the Executive MBA and MBA options may seem similar, but they have key differentiators that can impact a student’s experience.
Here are some factors to consider when applying to an MBA or an EMBA program:
Skills Acquired in the MBA and EMBA Programs
Earning your graduate degree, whether you choose the Executive MBA or MBA, can prepare you to tackle the new challenges facing industries every day, regardless of your experience level. The Drexel LeBow MBA and the Executive MBA curriculums are tailored to the specific needs of each student population, while equally increasing each groups’ knowledge, ability and expertise.
|Skills Acquired from Degree||MBA||Executive MBA|
|Problem solving||Strategic leadership|
|Business acumen||Financial reporting|
|Effective communication||Design thinking|
|Leadership & collaboration||Marketing strategizing|
|Corporate financial management|
For those looking to develop their business acumen or looking for a career change, the MBA program is a perfect option. With the ability to focus on specialized disciplines through concentrations such as business analytics and marketing, you can tailor the program to fit your specific career goals.
The Executive MBA is designed for students looking to develop tactics in strategic leadership, explore emerging business trends and address the unique challenges facing businesses today. With a majority of students in senior-level management positions, the Executive MBA enhances the skills they’ve gained in the workforce.
Program Structure and Student Demographics in the MBA and EMBA Program
|Class Size and Course Delivery||MBA||Executive MBA|
|33 students enrolled full-time||20 students|
|Full-time and part-time options||Executive residency format|
|Online coursework available||Hybrid coursework with in-person and supplemental online course instruction|
|Student Demographics||MBA||Executive MBA|
|Average age is 30||Average age is 39|
|Up to 16 years of professional experience||At least seven years of professional experience|
|Program length and time requirements||MBA||Executive MBA|
|Average time to completion: 18 months to 3 years||18 months delivered over 20 months with Decembers off|
If you’re looking for a flexible program, the MBA can be pursued full-time or part-time. Students can select to enroll at the Philadelphia or Malvern campus or take coursework entirely online. The MBA program also allows you to customize your learning experience to your personal objectives through targeted concentrations, graduate minors and dual degree programs. Annual enrollment varies by location and delivery.
The Executive MBA has an average cohort size of 20 students and focuses on collaboration and networking. This degree is tailored to the demands placed on senior-level management professionals. The plan of study, schedule and program highlights are designed to fit real-world and in-classroom experience into your schedule by offering executive residency opportunities. Executive residencies are designed for a fully immersive experience and allow program participants/students(?) to live and work with their cohort. International residencies are also available.
Curriculum in the MBA and EMBA Programs
|Core business courses across disciplines||Senior-level core curriculum|
|Dual degree options and specializations||Executive electives in emerging business trends|
MBA students have the option to specialize in a given area, or the degree can be combined with other majors in a dual degree program for further specialization.
While most MBA programs offer a series of general business courses, the Executive MBA program focuses on a core curriculum designed for those already in senior-level positions. Courses in the Executive MBA program go beyond the foundations of business and examine how to empower leaders and drive company growth.
Prerequisites for the MBA and EMBA Programs
|Bachelor’s degree||Bachelor’s degree|
|No professional experience required||At least seven years of professional experience required|
|GMAT or GRE required||No GMAT required|
An MBA or Executive MBA can accelerate your career, challenge your perceptions and help you approach your business in new and innovative ways. No matter where you are in your professional journey, you’ll complete our programs with a fresh perspective and cutting-edge ideas.
Advance Your Career with the MBA and EMBA Programs
|Career Goals||MBA||Executive MBA|
|Career change||Strategic leadership development|
|Career advancement||Career advancement|
|Specialization in a key business discipline through concentrations||Explore emerging business trends|
Choosing between the MBA or Executive MBA largely depends on your career goals and current professional experience. Both degree options will help you gain skills to further your career and increase your ability to make an impact in any industry.