EMBA Booth benefits (already have an MBA and good exp)
Hi, as you guessed from the headline it isn't a typical situation and hence need your thoughts.
Background: I have an MBA from a non ranked school. I have worked in Eq Rsch for a BB and now work with a SWF for many years. However, I feel an unknown MBA makes me hit a ceiling in terms of career growth.
I need a career booster internally or externally (eventually) and was thinking about the Booth EMBA.
I'm not too sure about Booth, but several of the top b-schools don't look favorably upon applicants who already have an MBA. You may want to check. Also, why Booth? Are you in Chicago? Just wondering.
To answer your question, the MBA may help you build your credentials and network. However, it really depends on the SWF/company you work for. Some companies care, some don't, and for most experienced professionals (those going to EMBAs) the MBA is just a check the block to move up. The real reason most people go to the top notch programs is to gain the network.
I'm pretty sure you can't do another MBA but, if you can, the advice above is spot on. Completely depends on your current firm, goals, etc.
Thanks for you comments. Why Booth: Asia campus (network in that region) and I believe they are ranked 1 for EMBA. My goal for the EMBA would be 1. networking/opening doors into pension funds/endowments etc 2. 'ivy league' branding for internal growth and as a means to explore external opportunities.
Booth is a great EMBA program and it has an impressive program.
That being said, I would be really cautious with EMBA rankings. People generally fall into two categories. For the first category, the general business population, school reputations are known for their full-time MBA, and the EMBAs are usually assumed to be about the same rank. EMBA rankings aren't taken too seriously. Obviously, in Booth's case this is a good thing.
For the second group, those "in the know" (recruiters, EMBAs, etc.), there is a tacit understanding of the academic quality and entrance difficulty amongst the different EMBA programs. In this group, Wharton and MIT are generally regarded as the programs with the hardest entrance requirements and academic standards - with Wharton probably coming out ahead. Booth, Columbia, Haas, and a couple others are regarded extremely well, but for lack of a better term they 'water down' their program a little bit. Other schools such as Kellogg and Duke's Global EMBA provide a good quality education, but are significantly watered down and aim for those who are really looking to acquire a top-tier network.
So it all really depends on what you are looking for. EMBAs are really more complicated then their MBA counterparts. While full time programs generally target people looking for a similar experience who are about 5 years out of undergrad, EMBAs target all sorts of people. Some target people just a few years past the full time program, others who are a couple more years senior, others who are 20+ years out. Some provide an experience for their students to learn in a different part of the world each class, and others have a fixed location with international trips.
Some questions you may want to ask yourself are: Do you want to attend a program that would give you an education that would be the equivalent to going to a full-time program for two years? Do you want to go to a program that provides network expansion for more senior people? Do you want a program where you will be a globetrotter for a couple years? Do you care about the 'book smarts' of your classmates? What is the strength of the overall school network? What is the size of the class and do you care? What is the elective schedule like (fixed, lots of choices, no electives at all)? Lots of other questions. The programs are myriad and only a few will fit your needs.
Hope this helps.
I graduated from Booth and have heard of people with prior MBA being allowed to get an MBA from the school, but the prior MBAs were always attained at international mostly unknown universities. I doubt an accredited MBA from the US would be allowed to pursue a Booth MBA.
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