Get All Access for $5/mo

How an Executive MBA Degree Does a Great Deal in Advancing One's Career EMBAs are typically a generalist training and participants learn how to approach an issue from many different perspectives

By Gary Stockport

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

It has often been said that the only constant in business is "change'. I believe we can add that nowadays, the only certainty in business is continual disruptive change. Digitization, internet-of-things and big data among other things are beginning to transform sectors such as health and mining in ways never before imagined. In such a scenario, how professional development such as undertaking a part-time Executive MBA (EMBA) will help managers become leaders and help accelerate and transform their careers? There are several features and benefits from undertaking an EMBA which will help such a career transition. These are:

Thinking Strategically

Essentially this means the ability to think outside of the box. Doing an EMBA challenges students to think in positive, creatively and innovative ways when questioning the existing business assumptions most organizations are typically following today. Students learn how to envision the organizations of the future and their likely career roles within them.

Managing Across an Organization

EMBAs are typically a generalist training and participants learn how to approach an issue from many different perspectives such as Accounting, Finance, Marketing, HR and Strategy. The knowledge, skills and confidence learnt then encourages them to apply for jobs up and across their organization as well as career transform to other organizations and Sectors.

Business Acumen

Case studies and simulations taught within EMBA courses do not just contain data about a business issue and therefore, students learn how to deal with ambiguity and uncertainty when making and justifying their decisions. Case studies also typically contain conflicting information and therefore, students must make trade-offs when making choices for managing complexity. Doing this is critical as it will help in developing business acumen for senior level jobs of the future.

Soft Skills

Softer skills which include everything from listening more effectively, emotional intelligence to making an effective sales pitch are critically important soft skills needed for career acceleration. These can be addressed on EMBA courses through offering specialist Workshops.

Value Creating

A very noticeable trend is the increasing number of students and Alumni who want to take sole responsibility for their careers through starting a new venture. Many take the opportunity during their studies to develop a high-quality business plan typically under the expert guidance of both an academic supervisor and industry advisors.

Networking

Building a loosely coupled network of peers is widely regarded as a key success factor for career acceleration. An EMBA course can facilitate this in several ways such as hosting events between current students and alumni.

The world in which we live in today will continue to change far beyond our wildest imagination. My recommendation for aspiring leaders for helping to deal with continual disruptive change is not about asking the question 'Should I do an EMBA?' but rather is about asking 'When will I do one?'

Gary Stockport

Professor & Dean, EMBA, SP Jain School of Global Management

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Growing a Business

6 Effective Strategies to Secure Funding

Use these six proven strategies to secure the funding you need.

Business News

Costco Is Partnering With a Major Automaker to Sell EVs at a Discount: 'Really Bullish'

Costco members have exclusive discounts on the Chevrolet Equinox, Chevrolet Blazer, and Cadillac Lyriq electric vehicles through July.

Business News

Here's How Mark Cuban Turned 90% of This Company's Former Employees into Millionaires Overnight

The billionaire and "Shark Tank" star shared some company acquisition stories last week.

Leadership

Steve Jobs' 3 Public Speaking Power Moves Remain Just as Relevant Today, 13 Years After His Final Keynote at the Apple Developers Conference

The co-founder and former CEO of Apple knew how to get big ideas across to consumers and investors.

Marketing

5 SMS Marketing Best Practices to Help You Sell More Stuff

Texting creates faster engagement than any other channel. Used well, it will bring you an incredible ROI while creating better customer experiences. Here's how.