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For Individuals: The Benefits of Executive Education

You may be well-established in your profession, but staying competitive in the global marketplace demands new skills and approaches to business. Executive education programs can offer fresh techniques and innovative ideas to apply to your current career. Whether you need training in new computer applications or an in-depth look at management principles, a professional development program can cater to your needs.

Finding the Right Program

Short-term open enrollment courses give you the opportunity to learn or polish skills, working with established business professors. If you're an aspiring executive, management education programs can enhance your leadership abilities. Other offerings include marketing, finance, economics, and even creativity strategies. For those interested in long-term training, an executive Master's of Business Administration (EMBA) program could be the right fit. An executive MBA is two-year degree program typically taken while you work full-time. Students can take night classes, and the option to participate in courses online is increasingly available.

Executives enrolled in EMBA programs in the U.S. and abroad have average salaries of around $130,000 to $200,000. Most EMBA programs demand 20 hours of work per week, but the investment pays off with sharp salary increases upon graduation. Graduates of top business schools typically experience a 139% salary increase by the time they receive their degree. In addition, EMBA-holders are extremely attractive on the international job market.

Financing Professional Development Programs

Funding an EMBA can be expensive, but many companies are willing to pay up to 80 percent of an employee's bills. Companies also often pay for shorter open enrollment programs. Some companies will also work with you to ensure you have a professional development agreement in place because they want to keep highly educated employees. Many professional development options are available, and can get you on the path to better opportunities in your career.