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. The number of persons being sponsored by their companies for an executive MBA program is declining, though, with an upward trend seen in the number of persons putting themselves through the classes. They say that this is why a lot of people in the ocurse are ending up shifting careers during or after the course.
All things considered, the Executive MBA's heyday rose not too long ago. After the financial crisis in 2008, the need for executive MBA career programs accelerated further. A lot of people surveyed in a recent study claimed to be interested in taking their professional lives to another direction as well.
A B-school is basically a layover location now. There are many methods of shifting careers, and a lot of them have been shown by Executive MBA students over the years. The people in the course were thus presented with a fresh service: career counseling from the school.
To get into an EMBA, you need to prove that you have at least 7 years of working experience behind you, which stacks up to considerable experiential knowledge. But a lot of business schools are still adapting to their focused career needs. According to the Bloomberg Businessweek graduates survey, many students complained on their schools’ inability to assist them in finding jobs, not getting any real support from their school’s career management recruitment office.
In fact, a number of colleges have stepped up in that regard, to the satisfaction of their students. There are even those who give specialized individual counseling sessions. The main goal is to teach graduates the skills important to develop their careers now and in the future.
Even so, many of the students are saying they could do with more of these services. Unfortunately, there seem to be more degree-holders than there are actualy professions. With that said, many students take the EMBA to make connections in hope of having a change.
Some colleges argue that a number of firms are still sponsoring their employees' studies, and so there is little need for career counseling. That is rapidly changing. Shifting careers is becoming more and more common.
It is not as it once was. Some schools have tied together with the MBA Career Services for Working Professionals Alliance, which offers the best guidelines and practices for career services for part-time MBA and executive students and alumni. But still, many schools resist making career programs like those offered to full-time MBA students.
A lot of people thus turn to campus-based recruitment events. However, a number of colleges are not entirely keen on the idea. The idea of providing full-on career counseling to people who already have their careers in hand seems odd for many educational establishments.
The Executive MBA program is basically a resource center, not a hiring center. Even if some experts say we can expect companies to begin sponsoring employees again soon, more say otherwise, thinking the course now one where students find the resources for changing occupations. Whatever the case, the B-schools have to deal with it delicately.
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