What is the average age of an Executive MBA student?
According to the Executive MBA Council, or EMBAC, a nonprofit coalition of business schools that offer executive MBA programs, the average executive MBA student is 38 years old and has about 14 years of work experience, including roughly nine years of management experience.
Should you choose a full-time or part-time Executive MBA?
For many people, the deciding factor between picking a standard, full-time MBA vs. a part-time executive MBA (EMBA) comes down to how best to juggle classes with the responsibility of a day job.
How long does an MBA program last?
A traditional MBA program is generally a two-year program, stretched out to three or four years if students choose to go part-time.
Does work experience matter when applying for an MBA program?
MBA applicants who have worked at well-known companies like Amazon, Google or General Electric have an advantage in the admissions process, Varaiya says. “Other things equal, such work experience can tilt towards a favorable admissions decision,” he wrote in an email.
At the University of Chicago, the 2017 incoming class of executive MBA candidates is 37 years old on average, with 13 years of experience. For the past five years, an average 31 percent of the incoming class of executive MBA students have been age 40 or older. By contrast, its 2018 full-time MBA students are an average age of 28.
Can you get an MBA without a job?
However, MBA programs do exist which focus on fresh graduates and emerging leaders, and which will accommodate you perfectly even if you have not yet had a full-time job. It will be crucial to identify MBA programs with an MBA age range (or average age) which fits yours.
How many years of work experience is required for M7 MBA?
Though the average years of pre-MBA work experience among the M7 schools starts at 4 years at Stanford GSB up to 5.5 years at Wharton, the fact that you are likely to have more professional years on your resume should be leveraged as a strength, not a weakness.
Is a late-career MBA right for You?
“A late-career MBA decision is more often a personal choice than for other reasons,” said Tierney Remick, the Chicago-based vice chairman of board and CEO services for executive search firm Korn Ferry International.