Answer: Professional and Executive MBA programs provide students who are working in business fields with two distinct pathways to earning a Master of Business Administration degree, depending on their level of professional experience. Professional MBA programs are designed to accommodate students who do not have significant prior business leadership experience, whereas Executive MBA programs typically require applicants to have five or more years of experience in managerial or administrative roles.
Professional and Executive MBA program provide training and instruction in core areas of business administration, including accounting, finance, marketing, operations and project management, and organizational leadership and communication. Both types of programs are designed to accommodate students who are working part- or full-time and to provide those students with knowledge and skills to advance in their careers. The primary difference between the Professional MBA (PMBA) and the Executive MBA (EMBA) concerns the type of students these programs are designed to accommodate. PMBA programs target working professionals who do not have significant managerial experience, while EMBA programs are geared towards professionals who have spent at least several years in a business leadership position, usually a minimum of five-to-ten years.
Another key difference between PMBA and EMBA programs is the level and focus of the curriculum. In a standard, two-year MBA program, students complete introductory coursework in general business areas during the first year of study and move on to more advanced, specialized, and elective coursework in the second year. A PMBA program is essentially a traditional MBA program that has been structured to accommodate working professionals. It provides the same range of introductory and specialized coursework in a format that allows students to enroll part-time and complete the crediting requirements while continuing to work. This may include offering classes in the evenings and on weekends, and/or incorporating online instruction.
EMBA programs cater to students who have five or more years of practical experience working in business management and leadership positions, which enables these programs to omit some of the introductory coursework that would otherwise be essential to an MBA program. As a result, some EMBA programs have fewer course/crediting requirements than PMBA and traditional MBA programs. Introductory coursework that is not omitted is generally adapted in an EMBA curriculum to address more advanced topics in business administration. For example, a PMBA might include an Introduction to Financial Accounting course, while an EMBA would incorporate an Advanced Financial Accounting course. EMBA programs typcially do not have optional specializations or tracks, while PMBA programs may offer students a choice of concentrations in areas like accounting, finance, global business, marketing, human resource management, and organizational leadership.
The clearest area of distinction between PMBA and EMBA programs is admissions criteria. While admissions policies vary by program, EMBA programs are unique in that applicants must have significant professional experience in business management, administration, and/or leadership. Programs may set their own standards for what constitutes a managerial, administrative, and/or leadership role, and the amount of required experience can range from five to ten years, depending on the program. The EMBA curriculum is specifically designed for students who are already familiar with working in the field of business administration. In contrast, PMBA programs may not require students to have any prior work experience, although some prefer candidates who have one or two years of experience in a business field.
There may be additional admissions requirements for PMBA and EMBA programs, including the submission of GMAT test scores, letters of recommendation, and a personal written statement. There are also many PMBA programs that do not require the GMAT, particularly for applicants with a cumulative undergraduate GPA of 3.0 or higher, and it is fairly common for EMBA programs to omit the GMAT requirement. All MBA programs require applicants to hold a bachelor’s degree from an accredited college or university, and some may have certain undergraduate prerequisites, like courses in statistics and/or economics.
Like traditional MBA programs, business schools with PMBA and EMBA programs can apply for and receive accreditation from three independent, non-profit organizations: the Association to Advance Collegiate Schools of Business (AACSB International); the Accreditation Council for Business Schools and Programs (ACBSP); and the International Assembly for Collegiate Business Education (IACBE). Accreditation indicates that the school offering the program has the proper resources to provide training and instruction in business administration and that the MBA curriculum and faculty meet certain academic standards for quality.