If you are an experienced management professional with a c-suite aspirations, then studying an Executive MBA in the USA will be a good fit for you. This program will help you in leading your organisation and progressing your career. An Executive MBA programs USA is a practical oriented business degree that focuses on your leadership skills, management skills, professional development and teamwork. This also helps you to share your experiences with peers to get at the highest level of success.
So, if you want to study Executive MBA in the USA, we have provided detailed information about the best executive MBA programs USA, costs, scholarships offered to international students, admission requirements and much more in this blog.
Benefits of Executive MBA Abroad
Why Study Executive MBA in the USA?
In the present era, studying executive MBA programs in the USA offers you gaining a prominent scope and job experience. An executive manager's job is extensive from managerial economics and corporate to marketing management and international finance. Before enrolling in the program, international students are required to know some of the benefits of an executive MBA program. Some of them are
- High Ranked Colleges: There are many colleges of executive MBA in USA for international students. Most of the top B-Schools of the USA have ranked among the Top QS EMBA Rankings in 2021. It is worth mentioning that top B-Schools i.e. Wharton, Sloan, Booth etc have ranked at the Top 10 QS EMBA Rankings of 2021.
- Level of Education: An EMBA degree can be interesting and rewarding that offers students a high level of academic education. Executive Managers have a massive knowledge of managerial economics, financial management, marketing management etc.
- Array of Skills: This will help you to acquire a range of skills. Many management professionals learn new development techniques and move towards more responsibilities. Completing this course will help you to enhance your understanding of business, strategic thinking and the ability to perform critical analysis.
- Career Prospects: An Executive MBA in the US will assist you in getting new job opportunities across the world. According to 2020 EMBA council figures suggest that students salaries will increase by 14.1% after completing the course, with graduates earning around 193,200 USD upon completion of their EMBA.
Suggested: Complete guide to pursue MBA abroad!
Executive MBA in USA: Course Structure
If you are among the students planning to study the EMBA program in the US, you must take a quick look at the course structure of Executive MBA courses in the US.
- Course Duration: The Executive MBA program in the US is 1 to 2 years just like any other masters degree. US universities also provide Executive MBA programs with majors, full time, part time and various additional courses and internships opportunities for students.
- Content: Executive MBA programs in USA is a professional degree termed as Executive in Masters in Business Administration. The course content covers topics such as behavioural and organisational concepts, statistical methods, marketing management, managerial economics, managerial accounting etc.
- Alternative: You may also have the option to study an alternative course of Executive MBA such as MSc in Marketing Management, Global MBA, MBA in Marketing Management, etc.
Complete guide to cost of studying MBA abroad
Further, let us know about the colleges in the US for Executive MBA.
Top Executive MBA Colleges in USA
There are a number of MBA Universities in the US offering admission to the best executive MBA USA. Here is a list of some top EMBA Colleges in US
- University of Pennsylvania
- University of Chicago
- Northwestern University
- Massachusetts Institute of Technology
- Columbia University
Details of these top Executive MBA Colleges in US are mentioned below
1. University of Pennsylvania - The Wharton School
The EMBA program of University of Pennsylvania is 24 months that can be completed with 19.0 credit units. The course offers students the options to vote for determining their electives that will be offered for their second year. Students will choose a formal major degree, however it is not required by the school.
|
QS World University EMBA Rankings 2021 |
2 |
|
Type of Institution |
Public |
|
Average Total Fees |
230,928 USD |
|
Program Offered |
Executive MBA |
2. Massachusetts Institute of Technology - Sloan School of Management
The MIT Executive MBA program is offered by the Sloan School of Management, is a rigorous 20 months duration. The program is designed for mid-career executives that are poised at pivotal junctures in their careers. The program provides an opportunity to students to join an elite forum for innovation and leadership that will develop an edge in the management capabilities and build a network that can last for a long time.
|
QS World University EMBA Rankings 2021 |
4 |
|
Type of Institution |
Public |
|
Average Total Fees |
192,000 USD |
|
Program Offered |
Executive MBA |
|
Know More About Studying an MBA Abroad |
|
3. University of Chicago - Booth School of Business
University of Chicago EMBA program is offered by Booth School of Business. The program is designed for experienced professionals that are driven to hone analytical skills, delve deeper into the business foundation and lead with confidence to students. The curriculum follows a logical expression of courses that can help you to generate new business insights and create a game changing impact to the workplace.
|
QS World University EMBA Rankings 2021 |
6 |
|
Type of Institution |
Public |
|
Average Total Fees |
198,500 USD |
|
Program Offered |
Executive MBA |
4. Northwestern University - Kellogg School of Management
The Executive MBA degree program at Kellogg can enhance the development of experienced professionals and make world class leaders across the world. In this course, you will develop new frameworks for solving tough business related problems in terms of broadening your global network. The program will teach you deep underground of the marketing dynamics and the customer needs of an area.
|
QS World University EMBA Rankings 2021 |
15 |
|
Type of Institution |
Public |
|
Average Total Fees |
222,192 USD |
|
Program Offered |
Executive MBA |
5. Columbia University - Columbia Business School
The Columbia School of Business Executive MBA program can enable students to grow while staying connected with the dynamic business environment. The core curriculum of the course embraces big picture business and entrepreneurial dreams and the electives offer a deep insight into a variety of industries and functional areas that allows you to create an academic experience to fit your goals.
|
QS World University EMBA Rankings 2021 |
17 |
|
Type of Institution |
Public |
|
Average Total Fees |
234,000 USD |
|
Program Offered |
Executive MBA |
Eligibility Criteria and Requirements for Executive MBA Programs in USA
Before taking your admission to a full time executive MBA in USA, international students will be required to go through the eligibility criteria and college admission requirements. The following details are
- Education Requirements
- English Language Proficiency
- GMAT or GRE
- Work Experience
Let us know it in detail about executive MBA in USA eligibility requirements
Education Requirements
Most of the Top B-schools in the US need an Executive degree in business administration or a related field. For an undergraduate degree, high school completion with a GPA between 3.0 to 4.0 score.
English Language Proficiency
If your first language is not English, international students must submit ELP test scores to study executive MBA programs USA. This may include TOEFL with a minimum score of 92 iBT (21 in each section) and IELTS with a test score of 7.0.
GMAT or GRE
For a full time and a one year executive MBA in USA, you are required to submit the results of GMAT or GRE. The minimum score of GMAT ranges 640 to 740 with a middle range of 80 percent.
Work Experience
This is one of the most important requirements in order to get admission to the EMBA colleges. The minimum work experience varies from one college to another, however on an average you must have at least 6 to 8 years of experience for admission.
How to pursue MBA in USA without GMAT?
Documents Required for Executive MBA in USA
There are some additional requirements for EMBA colleges which you need to fulfil at the time of admission. Some of them are
- Official Academic Transcripts
- Proof of English language Proficiency Test
- At least 2 to 3 Letter of Recommendation
- Statement of Purpose
- Updated CV or Resume
- Work Experience
- Interview
- Proof of Financial Resources
- Extracurricular Activities certificate
- Study Visa
Eligibility and requirements to study MBA abroad
Cost of Studying Executive MBA Courses in USA
The US is the most expensive country if you are looking for an executive MBA in USA for international students. You have to spend a lot of money to study at the best EMBA colleges in the US. So to know the executive MBA cost in USA and the cost of living, here we have provided detailed information about the same.
Tuition Fees
The executive MBA cost in USA is set by the respective colleges on a number of factors such as your specialisations, schools, credits etc. The average executive MBA USA fee for international students is around 214,600 USD for two years.
Living Costs
There are different types of accommodation facilities available for international students in the US. The living costs vary as a student has to pay around 9,600 USD to 14,000 USD per year. Apart from the accommodation you have to spend between 3,000 USD to 5,000 USD for some other expenses like transportation, health, foods, study materials etc.
What is the average cost of studying MBA in USA?
Scholarships for Executive MBA in USA
Numerous US masters scholarships are available for international students to manage executive MBA USA fees. Though the scholarships offered here are majorly based on students academic achievement, and some are offered by the US government that are university specific, and country specific. Some scholarships for executive MBA in USA for international students are given below:
|
Scholarship Name |
Eligibility Criteria |
Benefits |
|
Merit-Based Scholarships, University of Chicago |
Candidates with a good academic achievement |
Varies |
|
General Scholarships, Northwestern University |
International students studying EMBA degree with good academic records |
Varies |
|
Dean’s Scholarship, University of California |
International students with a good academic records |
10,000 USD |
|
Merit Based Fellowship, MIT |
International students with a good academic excellence and professional achievements |
Varies |
Popular MBA Scholarships Abroad
Career Opportunities in USA After Executive MBA in USA
After completing an executive MBA in the USA, there are a number of options available to explore including pursuing higher studies like MBA or PhD in US, getting a job in various top global companies or can start your own organisation.
The average salary for various prominent fields in US after EMBA have been tabulated below:
|
Job Profile |
Average Annual Salary |
|
Chief Executive Officer |
156,413 USD |
|
Chief Financial Officer |
134,395 USD |
|
Chief Operating Officer |
144,894 USD |
|
Executive Director |
130,108 USD |
|
Executive Manager |
100,822 USD |
|
Managing Director |
114,976 USD |
Best jobs and salaries after MBA in USA!
Admission to EMBA in the US for international students is not a walk of cake, provided you have a good academic record, and a miny number of work experience. Once can get exciting career opportunities after Executive MBA and also they have the options to look for starting their own ventures. Studying in USA can help students to update their industrial knowledge and learnings in specialisations that provide cutting edge approaches in a number of respective evolving landscapes.
Frequently Asked Questions About Executive MBA in USA
Ques. Can I do an Executive MBA from the USA?
Ans. An executive MBA program in the US is a practical oriented business degree program that focuses on leadership skills, teamwork, and professional development.
Ques. How much is the Executive MBA USA Fees?
Ans. The average cost of studying an EMBA in the US 75,000 USD. The average fees of EMBA from a top tier program is almost twice that of the regular, averaging about 133,000 USD.
Ques. Does Harvard have an Executive MBA?
Ans. No, Harvard Business School does not provide admission to any Part time MBA or an Executive MBA course.
Ques. Can I get admission to Executive MBA in USA without GMAT?
Ans. No, you must have to submit your GMAT test scores in order to get admission to an EMBA program in the US. However there are some universities which do not require any GMAT score for admission.
Ques. How much is the average salary of a graduate after an Executive MBA in the USA?
Ans. The average base salary of a graduate after the EMBA program in the US ranges from 155,800 USD to 181,900 USD.