Wednesday, March 7, 2012

The Drop in Company Sponsorship for the Executive MBA Program and How It Has Changed the Course

The main thrust of an EMBA only a few years ago was to prepare businesspeople sent by their firms to study in the program for the purpose of gaining competencies necessary for their advancement in their firms. There is an increasing number of people no longer relying on their companies for the expenses of the executive MBA program, though. It is perhaps due in part to this that so many students are seeking new occupations even as they undergo the program.

The executive MBA was not as much of a household name until fairly recently. About three or so years ago, more and more people started asking for a career version of the EMBA. When a poll was conducted, a good number of students were found to be interested in shifting their careers.

It seems that many colleges are currently being regarded by students as a place to pause while they consider shifting careers. A lot of Executive MBA takers are electing to actually do that career change, one way or another. The people in the course were thus presented with a fresh service: career counseling from the school.

Almost all EMBA students have considerable work experience – usually 7 to 10 years vs. about only four years for MBA full-timers – and they are working full-time while pursuing EMBA programs. A good number of colleges are still trying to work with them to assist them in finding the jobs they want. A staggering number of EMBA-takers are asserting, though, that their institutions are slow to deliver a helping hand in the matter.

Fortunately for degree-takers, many institutions are now giving them what they want. You may also find a number of institutions that provide further services in aid of helping people find their careers. The idea is to help the students really find the professions they want.

The number of students seeking assistance is still rising. There are a lot of courses at the moment, but relatively few job openings. This is in fact partly why so many are in the course: they are hoping to network in order to make a career shift easier.

There is still some skepticism over the possibility of corporations ever fully abandoning their employees when it comes to EMBA tuition, so some institutions do not yet go into full-blown career assistance programs. More and more are seeing the light, though. The EMBA is now more a program for people who want to move their abilities elsewhere.

It is not as it once was. More and more institutions are joining forces to help students make a career shift. But still, many schools resist making career programs like those offered to full-time MBA students.

Many people say the ideal would be to have placement and job fairs regularly at EMBA colleges. However, many EMBA schools view their role differently. Universities are saying that when the students come into the course holding down a position with a company, there would be little need for placement services.

The many types of Executive MBA program, schools say, are intended to train students, not to lead them to other jobs directly. The general opinion, when it comes down to it, is that the EMBA is fast developing a trend of students seeking career shifts. The academic establishments merely need to ensure that their programs remain relevant, whatever happens.

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