QS Quacquarelli Symonds, an online platform that provides resources on higher education, released its annual ranking of the top executive MBA programs (EMBA) worldwide.
EMBAs are part-time business school programs designed for people who are further along in their careers.
According to this year’s ranking, University of Pennsylvania’s Wharton School made the top spot for the second consecutive year.
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Working professionals with an executive MBA degree (EMBA) are more likely to receive higher pay and a promotion.
According to a 2019 Executive MBA Council survey of 2,390 people, graduates with EMBAs received a 13.5% increase in compensation. These students had an average salary and bonus package of $232,663 after graduation, and about 40% received a promotion while still in business school, Markets Insider reported.
Unlike traditional MBA programs, an EMBA is often catered to people who already have up to 15 years of work experience and are further along their careers.
Michael Desiderio, the executive director of Executive MBA Council (EMBAC), previously told Business Insider that an EMBA is designed “to address the needs of busy professionals” looking to earn academic credentials in two years or less.
“There are a number of reasons why someone would pursue a degree through an EMBA program, but the main reasons include the desire to increase professional growth and specialized skills, the drive to enhance career development, the ability to stay employed while earning a degree, and the opportunity to gain new perspectives on the business enterprise,” he told Business Insider’s Robin Madell.
More professionals have reportedly applied to EMBA programs in the last five years, with enrollment from women reaching its highest record in 2019, the Los Angeles Business Journal reported.
QS Quacquarelli Symonds, an online platform that provides resources on higher education, just released its ranking of the best EMBA programs worldwide. The company’s data is based on over 13 million academic papers, 70,000 academic scholars, and 40,000 employer responses, according to the company’s website.
Business Insider compiled a list of the 25 best programs based off QS Quacquarelli Symonds’ most recent data.
Each school is evaluated based on its diversity (which accounted for 10% of the overall score), positive career outcomes (20%), executive profiles (15%), the amount of thought leadership (25%), and employers’ reputation of the school (30%). The programs are given an overall, calculated score ranging from 0 to …read more
Source:: Business Insider