Executive MBA positions have made previously inaccessible high-paying employment options available to working people who cannot commit to a full-time master's programme. Sales Manager, Business Developer, Brand Manager, Communications Manager, Quality Control Manager, Senior Financial Manager, and Senior Business Analyst are just a few examples of in-demand Executive MBA positions.
Executive MBA salaries often fall between INR 12 LPA - and INR 40 LPA. Various criteria, such as the graduate's years of experience, talents, job description, and firm, determine the pay of an EMBA graduate. Executive MBA programmes are ideal for workers with extensive work experience since they open several career paths. Executive MBA graduates will have a greater effect on their organisations as they take on increasingly responsible positions.
One of the finest ways for Indian professionals to advance their careers and land lucrative positions is to enrol in an Executive Master of Business Administration (EMBA) programme. Some of the most sought-after areas for EMBA graduates to work in include business analytics, corporate governance, finance, accounting, human resources, sales, and marketing. Read on for specifics regarding possible career paths following completion of an Executive MBA programme.
C-suite climber:
Getting an Executive MBA might be the right move if you feel your existing leadership skills could be fine-tuned. You may need help negotiating your promotion, find some elements of managing a team challenging, or forget critical information about the work world. An upgrade to a C-suite position may be possible due to your increased competence and self-assurance.
Denise Carter, a 2019 alumna of the Wharton (US) EMBA programme, chose to strengthen her resume and fill in any gaps in her education. She says she held herself back in significant gatherings since she didn't feel up to par with the other attendees.
Career switcher:
If you have accomplished everything there is to do at your company, it may be time for you to look elsewhere for employment. Taking on a new professional path is difficult, but it may pay off for ambitious leaders who know what they want.
However, EMBA graduates are less likely to make a drastic job change. One of the best things about getting an EMBA is that you may continue working while pursuing your degree in the evenings and on weekends. Executives use what they learn in business school immediately. Most working individuals who seek an EMBA do so because they want to further their careers in their existing organisations.
When you pursue an Executive MBA while still working, your employer will likely be aware of, and preferably supportive of, your decision to further your education. Some companies may even offer to pay for your Executive MBA through a corporate sponsorship programme. But regardless of whether or whether your employer is willing to make a financial contribution, you will still need them to let you study more freely and give you more time off.
If you want to change careers, how can you tell if getting an EMBA is your best option? Before committing to a new field, learning as much as possible about it is important. Explain why an EMBA is your best choice and how this specific curriculum can help you achieve your long-term objectives.
Entrepreneur:
There are a variety of motivations for aspiring entrepreneurs to seek an EMBA. Some people will have already launched their company and be looking to improve specific areas of operation. Still, others may consider going into business for themselves but feel their corporate experience needs to be improved. School enrollment statistics from all over the world reveal a growing interest in starting a firm. According to a study from the Financial Times in 2021, the percentage of INSEAD (France) EMBA students working on projects with an entrepreneurial focus has increased from 12% to 25% over the previous five years.
Leaders need to remember that they may be just as productive staying put while working on new ideas and initiatives. The necessity for development and the acquisition of new skills while advancing to C-suite positions is related to the first portion of this article and underscores the need for intrapreneurship for organisations that wish to promote.