DEFINITION of 'Executive MBA - EMBA'
A Master of Business Administration program that specifically targets corporate executives and managers. The program enables them to study and work towards earnings this business degree while continuing to hold their existing full-time jobs. EMBA students typically possess considerable work experience before entering the program.
BREAKING DOWN 'Executive MBA - EMBA'
EMBA programs are made up of a mix of classroom teaching on evenings and weekends, online tutorials and occasional full-day sessions. Career advancement and better prospects are primary motivators for executives to embark on this program. Since most of these executives are also working during the duration of the program, they are in a better position to apply the management techniques and best practices learned in the classroom to real-life situations, as compared to traditional MBAs who are in graduate school full-time.