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100x no lol. Ask yourself what an EMBA could possibly give you; then, check the price tag.
My husband is 34, doing EMBA at duke and has offers
It may only be worthwhile if you get sponsored thru your employer.
YES if
1. Your employer is paying for it
2. You are desperately looking to switch career paths
NO if
1. If you are paying it out of pocket
2. Are already in consulting and plan to continue staying in consulting
Save all that $$ and go buy a house, or do something worthwhile with it.
Btw OP, I have been down the same road (even got admitted to few schools, and paid few $ to block a seat) but later backed out. It was the best decision I made and saved over $100k.
Not worth it even if it takes you a year longer to get promoted. And you can always switch firms if you feel underpaid and want to bridge the non-MBA pay gap.
There are only a few times in your life you can move somewhere to meet a group of people who all want to meet you. There are things you can’t quantify. I’d say it would be sweet.
I disagree, P1 there is a distinguished difference between an EMBA and a traditional MBA. Also, the real value of programs isn’t necessarily in buckets, top 10 programs don’t really matter, that idea is a relative to what you are really trying to garner out of your program. Being in a top 10 program doesn’t guarantee you anything.
Realistically, out of an MBA program the most important thing is your first job out of school. When in an EMBA program you are already in school and it takes on a whole new meaning, you aren’t looking for internships and networking for a new career
You’re not that old and can still apply to FT programs. FT MBA > EMBA, without question. I’d say a top 25 FT can do wonders for you compared to any top 10 EMBA. But then again, be introspective with yourself and ask why you really want to go for an MBA. Does it make sense for you at this stage in your career? Don’t treat it like a cop out because $200K+ is a lot of $$$ and it’s a lot of work to juggle school and work, especially if you’re traveling for both.
I agree with all the points above. There’s a reason why EMBA enrollments have been declining across the board. The market sees no value in it. It won’t benefit you the same way a full time mba will - and both cost the same (assuming we’re talking about top 10 programs). Suck it up, crush the GMAT, and apply FT! ;)
Hes had interviews with google, amazon and some startups.
Ap1- it sounds like you’re stating opinion vs fact. 1) when you get your degree it says MBA, not EMBA. You’ve earned the same degree because you’ve gone through the same course of study, content, material, work load etc... especially at an Ivy or top 10 school. 2) depending on the school, they do have recruiting and job placement specifically for EMBA’s! You can’t generalize every program- it depends on the school.
Wtf are all of you talking about??? I got into Wharton EMBA, which is the #1 ranked EMBA program, and chose a top 6 FT program instead for a ton of reasons that I won’t get into. Yes, I didn’t attend an EMBA program and may not have that perspective but after being neck deep in the process, I was clear about the pros and cons and overall value prop. Wharton FT grads don’t consider EMBAs on the same level, despite you getting the same degree, etc. The competitiveness is lower and is often considered a back door to getting the brand or stamp on your resume. There’s a difference in prestige factor and the future opportunities you’re afforded. If you expect to move from consulting to banking or PE/VC with an EMBA then good luck. If you want to move into industry, then sure, very possible with an EMBA but then again, anyone after a Manager level can do that without an MBA or EMBA.
AlixPartners is 100% correct. EMBAs are there to catapult your existing career and give you some added credibility as a professional and accelerate your promotion timeline. There are absolutely no career opportunities that are geared for EMBAs. I can’t speak for others but for fucks sake, Wharton requires that you receive time sponsorship from your CURRENT employer, which is mandatory, in addition to financial sponsorship, which a large percentage of folks get (60-70%). You are essentially barred from recruiting as it is and you don’t have the time to invest in finding a new job either.
And for those saying that you get the same degree as FT - lol. Yes, you do. However, no ones a goddamn fool. They’ll see your resume and the overlap in your degree and work. It’ll get immediately diluted.
If you don’t agree with my stance (most of you with EMBAs or PTs will def be butt hurt, but that’s a natural reaction and totally fine), Talk to 20 recruiters, senior execs, and colleagues. Send them an anonymous survey and see what they genuinely think about an EMBA vs. FT. You’ll find that they’ll agree with everything I just said.
PS: for the guy who said that I’m not the market. When applications and enrollment numbers for EMBA programs plummet drastically in 10 years, then I believe that is a signal from the market and a very clear one at that
I’m doing EMBA at a top 10. End of
The day you get the regular degree... doesn’t say “Exec MBA” on it. At a good school, you take the same classes. Same work load etc as the full time program.
If you don’t have an undergrad in business, it’s worth it. If you want to stay relevant and have options later- it’s worth it. It’s only worth it if you go to a top 10 school though.
There have been a lot of good points made but I still stand by my post...EMBA students don’t take part in active recruiting events...or they shouldn’t, and they, theoretically, have a job that they essentially work during the day. An EMBA is made to help folks catapult within their own organization a full time MBA is supposed to be a spring board into a career field.
M3 your husband my have offers but those are companies he pursued outside of his own school efforts, or should have.
Alix- i cannot comprehend if you are asking a question or stating distorted facts. You cannot tell people what they “ cannot” do. The EMBA at most colleges has recruiting events not on the scale on a full time but defiantly there. People are not crazy to spend 100-120k to just move roles in tge same firm
Only from a top 10 school because then it won’t be watered down. It’s a painful process to work full time and go to school full time, but worth it for a good education.
Depends on the school. At my school they have recruitment activities with top recruiting firms (Koran Ferry, RR etc), alumni recruitment events and opportunities especially for EMBA’s. We have plenty of people switch careers, quit their current jobs to do internships or fellowships in new areas and we network with the EMBA and FT crowd. I have quite a lot of classmates that include VC, PE, investment banking etc from the top firms in their fields. Educationist becoming so obscenely expensive that the opportunity cost of quitting your job is too high. My classmates included plenty of folks from Wharton, Cornell, and other top undergrads. Reality check is that FT enrollment with decline as the tend shifts to a more EMBA culture because of opportunity cost. They’re already seeing that at some top schools.
Note I’m 32
Then yes
What do you define as “worth it”?
Following
What about the network it gets you? No way to quantify that though.