MBA vs EMBA - Which is Better?

An MBA is one of the most lucrative and sought-after degrees of education in the business world. As a result, many people seek to do an MBA to enhance their skills and become industry-ready.

An MBA is a degree in general management. One- and two-year options are available, but all are full-time and require attendance on campus. The EMBA is also a general management degree, but they are usually part-time and last between two and four years.

People who have worked in the corporate culture and have work experience can also pursue an EMBA to upgrade their skill set and knowledge. In this case, they are presented with the choice: MBA or EMBA - which course should they pursue?

Also Read on MBA Admission

MBA vs EMBA - Key Highlights

Both MBA and EMBA are professional courses that help a person gain a deeper understanding of their chosen field of work. By enrolling in an MBA or EMBA, students will gain the necessary knowledge and skills to potentially start and run their own business. The course covers the necessary syllabus in human resource management, financial accounting, planning, strategy, marketing, operations management, etc. Some key specifications of the courses are highlighted below. 

Criteria	MBA	EMBA
Full-Form	Masters of Business Administration	Executive Masters of Business Administration
Duration	2 years, full-time program	1 - 3 years
Work Experience required	No specification	3-5 years & above
Fees	INR 15 - 20 LPA	INR 7 - 10 LPA
Average Salary	INR 6 - 20 LPA	INR 20 - 28 LPA

MBA vs EMBA - About The Course

MBA is a two-year postgraduate degree designed to help future company leaders and entrepreneurs strengthen their business and management capabilities. An MBA degree often includes a wide range of business topics such as accounting, marketing, and management. In addition, students can find job opportunities after the course as product managers, marketing managers, and financial analysts.

Read More about MBA

EMBA is a postgraduate program designed especially for industry professionals who are mid-career and would like to gain more knowledge about the business world. It is a 2-year course that deals with business acumen and helps professionals get the most out of their degrees. They can seek employment in senior-level positions after graduation.

Read More about EMBA

MBA vs EMBA - Eligibility

Studying for an MBA or EMBA program requires a lot of hard work, discipline, and effort. Like any other course, there are some requirements for the students to get admission for the course. MBA is one of India's most popular management degrees, and admissions to this course require students to satisfy minimum eligibility criteria. The eligibility requirements for a full-time MBA are:

• Minimum 50% score in their graduation in any discipline in a recognized university.
• There is a 5% relaxation for SC/ST/OBC
• Students must score above the cut-offs set by the colleges in entrance exams such as CAT, NMAT, SNAP, XAT, etc.
• After students are shortlisted for a program based on these criteria, B-Schools conduct a series of rounds to select the students, including a group discussion and personal interview.
• MBA does not require students to have any prior work experience.

Since EMBA is a professional degree that helps candidates boost their career, they must enter the program with some work experience. It provides them with the opportunity to move towards senior management roles in their careers.

To be eligible for an EMBA, candidates must have:

• Minimum 50% score in their graduation in any discipline in a recognized university.
• Students must score above the cut-offs set by the colleges in entrance exams such as CAT, NMAT, SNAP, XAT, etc.
• Work experience of a minimum of 3 years, although five and more is preferable.
• Shortlisted candidates must undergo more testing and interviews depending on the institute they have applied to be enrolled in.

MBA vs EMBA - Benefits of Pursuing

Aspirants are often stuck with the question of "Which one is better than the latter"? Both MBA and EMBA are beneficial for aspirants in many ways. Let's answer the question by analyzing the benefits of the course.

Benefits of Pursuing MBA

Students who pursue an MBA have lesser work experience and are less aware of the business environment. An MBA program helps ease students into the corporate world and provides them with the necessary skills and knowledge to become successful. Some of the major benefits of an MBA are listed below.

• Specialized Knowledge

An MBA allows students to gain significant exposure to specific knowledge in their fields of specialization. Many colleges and business schools have established a wide variety of MBA programs, specializing in various areas of the business world, as a result of their success. Students will benefit much from their exposure to these technical fields. In addition, practical learning, case discussions, and peer learning are emphasized in this course, making the information obtained extremely valuable.

• Personal Development

An MBA program is not only helpful in gaining knowledge but also helps students polish their way of presenting their knowledge. The course encourages students to have a high level of interpersonal skills and builds their confidence. It also includes their ability to manage multiple projects simultaneously and utilize their time effectively.

• Better Job Opportunities

Students who opt for an MBA program are more likely to gain significant field experience and are easier to consider for higher management positions as their career progresses. They are also able to negotiate higher salaries for the roles they are offered. This helps them progress their career at a faster pace than their peers.

Benefits of Pursuing EMBA

Professionals in their mid-career or late-career choose to pursue an EMBA stand to gain a lot from the course. At graduation from the course, EMBA students can decisively commit to better performance at work and a higher opportunity to be promoted to higher levels of management in their fields. The EMBA is a great tool for career advancement in many roles in the corporate sector.

• Tailored Curriculum

As EMBA graduates are in the mid to later stages of their careers, the curriculum is based on their industry experience. As a result, EMBA graduates can combine their practical knowledge in their fields and the knowledge gained during the program to hone their skills in the field and become experts in their subjects.

• Financial Aid

In many cases, employers of a student provide financial support and aid up to 100% to help students gain their EMBA degrees. In addition, employers usually look forward to reaping the benefits of the students' specialized knowledge after they graduate.

• Job Opportunities

Students following the EMBA programs are more likely to be considered for senior-level management positions, and their specialized knowledge is extremely helpful in the process. Their education helps them gain preference over other candidates and gives them a competitive edge in the field.

MBA vs EMBA - Job Opportunities

A master's degree in business administration opens doors to various career possibilities in a variety of industries. As a result, before one takes any position, one must understand the employment openings available, their breadth of employment, positions and duties, pay structure, and even the skills needed.

After an MBA, students can be offered varied roles in different fields depending on their specialization. Some of them are:

• HR Manager
• Marketing Manager
• Business Development Manager
• Operations Manager
• Business Analyst
• Financial Analyst
• SAP Consultant

Read More on MBA Jobs

An EMBA, however, helps in career advancement that is much above these entry-level positions. It prepares the students for careers in senior management and higher roles that take years of advancement without an MBA. Some roles offered after EMBA are:

• Senior HR Manager
• Senior Accountant
• Senior Financial Analyst
• Quality Assurance Specialist
• Senior Product Manager
• Senior SAP Consultant
• Brand Manager

Read More on EMBA Jobs

MBA vs EMBA - Salary

Students can get salaries that range between INR 6 - 25 LPA in MBA Courses, depending on the student's institute, role, and personal profile. However, since most students do not have any corporate experience, their salaries are on the lower end of the range.

Job/ Role	Salary
Human Resource Manager	INR 7.7 LPA
Operations Manager	INR 8.28 LPA
Business Development Manager	INR 7.43 LPA
Marketing Manager	INR 8 LPA
Sales Associate	INR 6.2 LPA

Read More on MBA Salary

After completing an EMBA however, people can expect up to 17% raise on their existing salaries within a year of completion. There is a lot of scope for increments in salaries for EMBA graduates, as their career progresses towards higher levels of management.

Job/Role	Salary
Operational Manager	INR 20 LPA
IT Manager	INR 20 LPA
Project Manager	INR 10 LPA
Marketing Manager	INR 12 LPA
Sr Business Development Manager	INR 12 LOA

Read More on EMBA Salary

MBA vs EMBA - Top Colleges

A good B-school provides students with a large set of advantages. Students have good mentorship with their faculty, unique pedagogy, and an alumni network. The college repute also affects their placements and growth opportunities.

To pursue an MBA or an EMBA, the top ten B-schools in each category are listed below. According to the NIRF rankings, the following colleges are the best for pursuing an MBA:

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• IIM Lucknow
• IIT Kharagpur
• IIM Kozhikode
• IIM Indore
• IIT Delhi
• XLRI Jamshedpur
• MDI Gurgaon

For an Executive MBA, the following are the best colleges:

• IIM Bangalore
• XIM Bhubaneshwar
• IIM Ahmedabad
• IIM Calcutta
• ISB Hyderabad
• IIT Bombay
• IMI Delhi
• IIM Lucknow
• IIM Indore
• NMIMS Mumbai

MBA vs EMBA - Which One to Choose?

"Which one to choose?" might be a question students face when deciding the best career path for them. Unfortunately, there is no straight answer. Both EMBA and MBA have their own sets of advantages that make the programs beneficial for the students. The answer depends on the student's expectations from the program and which program benefits them the most.

High-Paying Job Opportunities: Fresh MBA graduates start at lower levels of management. Pursuing a full-time MBA is a heavy investment as it is not easily self-financed. In comparison, they are also taking up jobs with a lesser pay scale than EMBA students. Graduates can only see returns after two years or more. Many EMBA students are enrolled in the program by their companies that cover the program's tuition fees. If EMBA students are self-financing their course fee, the program is not a full-time residential program that significantly reduces costs. Yet returns are quicker for EMBA graduates.

Development of Skills: An MBA program can help students develop holistically by involving them in the organization of events, fests, and extracurricular activities. These build up leadership skills, team spirit, organizational skills, and personality development, essential for success. However, since EMBA programs are designed for working professionals, there is less scope for extracurricular activities.

Networking and Peer Learning: An EMBA is helpful for candidates who have been a part of the workforce for more than five years. The course is designed to delve deeper into strategic planning and implementation over the theoretical aspects. This provides them with a tremendous advantage with an opportunity to network with like-minded peers. In addition, for fresh graduates, pursuing an MBA helps them understand the business world's nuances and challenges before entering it, thus making the course beneficial for them.

Both courses have their own set of advantages and disadvantages, as noted above, and students must fully analyze and understand which course benefits them the most to grasp all the benefits of an MBA.