While trading the path which will lead you to success Rick Barry Jersey , you have to come across many challenges & deficiencies before you reach your goal. But if you are courageous in achieving the action, you should be aware of the unfriendly situations you might come across. If you are at the mid-level of the career & contemplating having the Executive MBA degree, explaining the challenges along with the benefits will give you the needed reality check.
Here we are listing the challenges to prepare yourself for when attaining Executive MBA.
The gap in work for one year 鈥? This is not possible to pursue the full-time programme alongside the regular job. The very condition to go for this mode is to have a break from work for at least one year. Although the alumni members and students vouch for the reliability in the programme, there will be a gap in the professional experience & salary for the year nonetheless. If you are outlining for the career shift or go for entrepreneurship or earning corporate sponsorship, going for a Part Time mode will be more attainable for you.
Rigorous curriculum - The full-time MBA, that is conducted for two years Chris Mullin Jersey , is crunched in a year in the full-time one-year Executive MBA. Unnecessary to say, how meticulous the programme will be. Given the fact that the syllabus and curriculum are designed for mid-level professionals, the burden of electives and courses is vast. After the projects, assignments and classes the students are simply left with time to go for other interests. Speaking about the rigor, an alumnus says, 鈥淚n only four months Draymond Green Warriors Jersey , we completed twenty courses of the Building Blocks. The rigor involved breaking 15-20 cases per course, submitting four to five graded reports, making a class presentation for the remaining, being surprised by quizzes that not just tested but also shook up the basics, solving grueling end term exams and doing research projects.鈥?
Raised Fee structure - The area of fee for the full-time Executive MBA courses at top Business schools is from Rs. 14 lakh to Rs. 30 lakh. Surely, the fee for the full-time Executive MBA courses will be higher in comparison to the Part-Time programmes for factors like a higher number of contact hours Kevin Durant Warriors Jersey , residential programmes, diverse curriculum, etc. Apart from corporate sponsorship, the applicants almost rely on loan and personal savings.
Compact admission process 鈥? The admission process at the full-time Executive MBA programmes is little complex unlike the Distance MBA, where the selection procedure is of two or three stages. The 1st criterion is to take GMAT or any equivalent test conducted by the Business School, clearing the cutoff scores. Besides the Personal Interview rounds Stephen Curry Warriors Jersey , the main Business schools offer Executive MBA, the colleges conduct other rounds of next process like essay writingwritten testStatement of Purpose (SoP), psychometric test, letters of recommendation from previous employers, etc. The long selection process may pose as cumbersome for the Executive MBA applicants. A college鈥檚 Director states the reason why having a high GMAT score is not sufficient to have admission to the course, 鈥渢his is helpful for having a good GMAT score Klay Thompson Warriors Jersey , and the evaluation procedure ensures that the candidate with the high GMAT score & a one-dimensional one can鈥檛 get the offer of admission to ISB PGP. So even if you get a good score, you would have to focus on building the strong application & presenting the case properly. It includes recommendations, essays, activities & awards, etc.鈥?p>
The higher expectation from faculty 鈥? As the Executive MBA candidates have more than five years of experience in the managerial roles of multiple functions, the faculty members have high expectation from the candidates. They want them to be already cognizant of the basic management theories & rely more on practical tasks than theoretical classes. And DeMarcus Cousins Warriors Jersey , the faculty members usually expect them to have prior ideological clarity that might not be the case for each student. When some student has lesser work experience in comparison with others, some might belong to a different role or function altogether.