Identify eight things to ask yourself to determine whether you are ready to commit to an executive MBA degree.
Executive MBA students are expected to be extremely committed and driven individuals. An EBMA course puts a lot of strain on its students, not to mention on their immediate family members and friends. Hence, it is important to ask yourself the following questions before you sign up with any school for the next semester.
Do you have a stable support system? An EMBA course, on top of your daily routine, can drain you physically, emotionally and spiritually. It is important that you have the complete support of your family, friends and colleagues to help you out in whatever way they can.
Do you have at least five years work experience? Most executive MBA schools require a minimum acceptance requirement of five years work experience although some programs might require less. If you don’t, you might want to look into a conventional MBA degree instead or wait a couple of more years and gain that all-important work experience.
Do you have good time management skills? Executive MBA programs allow students to go about their daily management duties while studying part-time on weekends or evenings. It would be advantageous if you can strike a balance between work and study.
Do you have a thirst for knowledge? Due to the intensive nature of an EMBA program, you will often find yourself a victim of information overload. You need to have the ability to focus during class discussions so you can immediately practice its application at work the following week.
Are you eyeing a career in management? Don’t let an EMBA be your default move if you are experiencing any career difficulties. Executive MBA programs are way too expensive and stressful to be put to waste if a career in management is not really what you want.
Are you looking to create business and personal connections? The key to a successful business are good networks of connections so do not turn down any opportunity to meet new people. Executive MBA courses provide you with the benefit of studying together with students from all over the world encouraging the development of personal and professional relationships.
Are you willing to make the financial investment? It’s a reality you have to face that advanced degrees are very expensive, add to that transportation costs and other miscellaneous expenses you need to deal with. Although you might be burdened with expensive student loans, the rewards will be potentially lucrative.
Are you committed to yourself and your company? The EMBA is not only your burden to bear but it’s a shared endeavor between you and your company. If you can’t make the commitment to yourself, do not waste your time or your company’s resources.
Signing up for an executive MBA course might be the best career move you could make for yourself. You’ll be able to move up the ladder or make the transition to management from a more technical role. Moreover, you gain the essential skills needed to help you in your entrepreneurial and life goals even after you leave the corporate world.