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Tuesday, 19 October 2021

10 BEST EXECUTIVE MBA ONLINE PROGRAMS 2021

 Executive MBA programs benefit learners aiming to advance their existing careers in business or management. In contrast to a standard MBA,  (EMBA) moves beyond the fundamentals and emphasizes the more detailed aspects of leadership in business. EMBA programs, though similar to traditional MBAs, look closely at executive management and strategies.

An EMBA best serves students looking to further their careers by acquiring new skills and credentials. EMBAs can also lead to increased earning potential: according to PayScale, professionals with earn more on average than those with traditional MBAs

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Online executive MBA programs offer working professionals an accessible pathway to career advancement and higher salary potential. This guide offers detailed information on the best executive MBA programs, what students can expect from these programs, and career paths and options available to graduates.

2021'S TOP 10 EXECUTIVE MBA PROGRAMS

RankSchoolLocation
1Purdue UniversityWest Lafayette, IN
2University of North Carolina WilmingtonWilmington, NC
3California State University-San BernardinoSan Bernardino, CA
4Washington State UniversityPullman, WA
5University of Hawaii at ManoaHonolulu, HI
6University of Nevada-RenoReno, NV
7Texas Southern UniversityHouston, TX
8Jacksonville UniversityJacksonville, FL
9Carlow UniversityPittsburgh, PA
10Bethel UniversityMcKenzie, TN


WHAT ARE EXECUTIVE MBAS?

The University of Chicago offered the very first executive MBA program in 1943. The program sought to bolster the business field in the aftermath of World War II. Aimed primarily at midcareer professionals, EMBAs intended to push upper-level management workers to become more effective leaders.

EMBA graduates often pursue "C-Suite" careers — roles which usually include "chief" in the title, like chief operating officer or chief executive officer. These positions entail leading entire departments within a company or the whole company itself.

However, EMBA-holders can also pursue other jobs. The EMBA degree prepares graduates to switch careers, providing them with extra credentials and experience to make their resumes stand out. EMBA graduates may, for example, pursue careers in the nonprofit sector or start their own business. Typical EMBA students are around 38 years old and hold an average of 14 years of work experience. They work in all types of fields and industries, and generally hold a substantial amount of experience in management. Interest in the EMBA has also grown in recent years, with a 31.9% increase in applications between 2015 and 2019. This growth signifies an increased demand for highly qualified professionals in leadership and management positions. Companies and organizations across all industries and sectors require the skills and qualifications of EMBA-holders, making this degree a great option for any business student interested in advancing their career.

WHY GET AN EXECUTIVE MBA?

Earning an EMBA offers a wealth of benefits. Students earn the credentials necessary to pursue advanced roles in business, including chief officer positions. The executive specialization option for MBAs emphasizes top-level management skills and prepares students for leadership roles. An increased salary potential and a focus on nuanced business skills continues to draw a growing number of business professionals to the EMBA. Consider the following benefits: Increased Earning Potential: On average, EMBA graduates earn higher salaries than those with a traditional MBA. By the end of their EMBA program, students tend to earn a 13.5% pay increase on average. Career Advancement: According to the 2019 EMBAC Student Exit Survey, 40% of EMBA students earned a promotion by graduation. The EMBA provides midcareer professionals with advanced credentials and skills to take on leadership roles. Career Switching: Earning an EMBA also provides graduates with the qualifications they need to enhance their resume in a competitive job market. Midcareer professionals who want to change careers or start their own businesses would benefit from the skills emphasized in executive MBA programs.

THE TOP 10 ONLINE EXECUTIVE MBA RANKINGS, 2021

Our ranking of the best executive MBA programs features accredited institutions offering flexible online degrees. This page lists the 10 best executive MBA programs for 2021. To learn more about how we rank our programs, follow the link below.

Our Ranking Methodology

WHAT THE BEST ONLINE EMBAS HAVE IN COMMON

Each program's experience is unique, but many top schools share the following characteristics.

  • They are accredited. All of the schools on our lists are accredited. This means an outside regional or national accrediting agency approved each school's educational programs based on specific standards of quality and rigor. Programmatic accrediting bodies examine specific departments to ensure their degrees prepare students for careers in the field. Common accrediting agencies includes:

    • Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
    • Higher Learning Commission (HLC)
    • Middle States Commission on Higher Education (MSCHE)
    • WASC Senior College and University Commission (WSCUC)
    • Northwest Commission on Colleges and Universities (NWCCU)
    • Association to Advance Collegiate Schools of Business (AACSB)
    • Accreditation Council for Business Schools and Programs (ACBSP)
    • International Accreditation Council for Business Education (IACBE)
  • They are affordable. Our rankings feature schools with competitive, affordable tuition rates. The schools in this ranking offer a variety of pricing and payment options, including flat-rate and per-semester costs, in-state and out-of-state tuition, and bundling of materials and tuition costs. The University of North Carolina Wilmington offers some of the most competitive rates on our list at just $415 per credit hour.
  • They are reputable. We feature schools with positive reputations in the industry. The schools in our rankings tend to hold high graduation and retention rates, and often boast strong job placement and advancement rates for graduates. They also employ professors at the top of their field, like Purdue University, where 98% of the business school faculty hold an advanced degree and 48% hold a doctorate.
  • They offer strong academic programs. Many executive MBA programs in this ranking hold programmatic accreditation from a top accrediting agency for business programs. They offer well-rounded, thoughtful curricula that arm students with the skills and knowledge they need to take on executive roles in leadership and management.

Executive MBA (eMBA) programs meet the educational needs of mid-career professionals and executives seeking to enhance their skills.

Executive MBA programs usually attract current business professionals seeking career advancement. These programs examine key areas of business, such as accounting, organizational behavior, and project management, while preparing students for leadership roles across industries.

Graduates can work as top executives The Bureau of Labor Statistics (BLS) projects jobs for these professionals to grow 6% between 2018-2028 and reports a median income of over $104,000. However, actual income varies by industry. For instance, chief executives in scientific, technical, and manufacturing fields can earn a median salary of over $200,000. 

This guide to executive MBA program rankings helps students find the right programs for their needs. It also covers important information for prospective students, such as common courses and potential careers and salaries for graduates.


15 Best Tech MBA programs for high-paying salaries and careers in technology, IT

In today’s rapidly evolving business environment, technology and technological innovation has become the key for the successful operation and expansion of businesses.

Unlike other industries, the technology sector has witnessed a continuous growth over the past decade. Digital disruption continues to penetrate across industries.

Companies need to constantly adapt or reinvent their business processes and models to remain competitive.

The need of the hour is to have technology leaders with an in-depth industry knowledge, an understanding of business fundamentals and a complete picture of how an organisation works.

According to Statista, the growth rate forecast for the information technology (IT) industry during a 5-year period from 2018 to 2023 is the highest at 104% in the emerging tech segment which includes fields like IoT software, big data/analytics, AR/VR.

During the same period, in other segments like software, the expected growth rate is 50% and in tech services and hardware, it is 23% each.

An MBA program with a tech focus will hone your managerial, strategic decision-making and team leadership skills in addition to providing insights about the industry and building a lifetime network of well-connected peers and alumni coming from various industries and cultural backgrounds.

The MBA careers team can help students identify the right career opportunity and connect with various top employers.

Here’s the list based on rankings provided by QS TopMBA and U.S.News for the best MBA program in technology/information systems.

Most of these programs have been seeing 25-30% of their graduating class being hired for technology roles.
 

Best Technology MBA programs in the world

 

Business School% of 2020 class taking up technology roles
MIT27.6
Haas32.4
Stanford28
Tepper31.4
Harvard19
Ross24.5
McCombs31.8
Kellogg28
UCLA Anderson31.8
Said23.8
NYU Stern16.9
Wharton16.2

(Fintech- 2.1%)

Scheller32
W. P. Carey26

 

MIT Sloan

With its focus on innovation, tackling challenges and make an impact, MIT Sloan serves as a top choice for those looking for a perfect combination of technology and business.

MIT has constantly been ranked number one by QS TopMBA based on various parameters including employer reputation, career placements and research strength.

The MBA class of 2020 saw 27.6% of the class take up roles in technology, Amazon and Google being some of the top hirers. The previous class of 2019 saw 30.7% of the class going into technology while for the class of 2018, it was 29.4%.

After completing the core courses in the first semester, students can choose what to pursue during the next three semesters based on their interest area and career requirements.

The entrepreneurship & innovation track is for those with an interest in knowing more on how to launch an innovative technology company.

The enterprise management track prepares students to become business leaders by developing their skills in cross-functional areas including marketing, operations, and strategy.

Students are able to participate in real company projects; the entire experience prepares them for senior positions in large organisations.
 

Berkeley Haas

The Haas School of Business is strategically located in the heart of the vibrant Silicon Valley.

The Bay area houses 2000+ tech companies, and can provide immense opportunities for tech aspirants or start-ups. Leading tech organisations like Apple, Google, Amazon, Microsoft, Autodesk, Samsung are some of those actively hiring Haas MBA grads.

The Haas MBA prepares students to take up crucial roles in modern day companies that rely heavily on technology.

The course curriculum provides a solid foundation, the wide range of electives, the various clubs and conferences allow you to further explore areas of interest and identify relevant career opportunities.

Students pick up relevant skills and expand their network through experiential learning classes with companies like HP, Autodesk, Panasonic, PayPay, Cisco among others.

Students interested in tech career receive expert mentoring from industry specialists, relationship managers and a team of peer advisors on various post-MBA tech roles like product management, product marketing, and business operations.
 

Stanford GSB

Located in the Silicon Valley, Stanford is one of the top elite M7 schools with emphasis on innovation which is reflected in its motto “Change lives. Change organizations. Change the world.”

Stanford’s long-standing reputation and its perfect location in a tech hub attract students with technology backgrounds.

28% of the class of 2020 took up jobs in the technology industry. 18% of the 2020 class went the entrepreneurial way. 33% of the new ventures were in the technology industry.

The MBA curriculum can be tailor-made during the second year so that in addition to the electives, students have the flexibility to take up a joint or dual degree or courses of interest at other Stanford schools.

The career management center at Stanford provides immense support to students mentoring them at every stage of job search so that the career they choose is aligned with their vision and goals.

Students have ample opportunities to build a strong network through various employer networking events, student-organised club events including the vast Stanford GSB alumni community of 30,000 having 60 alumni chapters around the world.
 

CMU – Tepper

The Tepper MBA has always been a favourite destination for those looking for leadership positions in the tech industry.

The full-time MBA class of 2020 had 51.3% of the class coming in with a technical undergrad major.

The curriculum with its focus on advanced analytical and leadership skills prepares students for strategic decision-making roles.

As a part of the MBA curriculum, this bschool offers MBA Tracks and Capstone courses that help you go deeper in the area or industry of your interest.

For example, the technology strategy and product management MBA Track provides an excellent understanding of how technology and business can be integrated and the how the related issues arising in the process need to be handled.

The knowledge and experience thus obtained prepares you to take up leadership positions involving development and execution of technology strategies or launch your own company.

Another interesting MBA track – the management of innovation and product development takes students through a unique innovative journey involving identifying the needs or issues faced by the target audience and based on the findings coming up with specifications of software, product or a service and finally working towards conceptualization and business plan.

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