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Executive Education Statistics
Salary Statistics
- Employees taking Executive Master's of Business Administration (EMBA) programs in the U.S., Europe, and Asia have average salaries of approximately $130,000 to $200,000.
- Executives enrolled in the highest-ranking EMBA programs in the United States have salaries of around $180,000 to $200,000. For Europe, the figure is slightly lower at $130,000-$160,000.
- Salaries for MBA graduates rose by 27% during the past eight years.
The Typical Student
- A typical EMBA student is likely to be in his/her early 30s and will have six to 10 years of working experience.
- The average GMAT score for the highest-ranked U.S. MBA programs is above 700.
- According to Business Week surveys, one out of five EMBA students traveled more than 150 miles to attend class in 2005.
- Because of rapid globalization, most EMBA classes comprise students from a wide range of industry sectors and countries.
Professional Development Programs
- An EMBA program can cost up to $100,000. Customized courses start at a few hundred dollars.
- The U.S.-based EMBA Council lists about 250 EMBA programs from 180 leading institutions around the world on its Web site.
- Customized executive education programs are on the increase. Duke University's corporate education division reports growth of 25% a year for custom-made courses.
- Demand for traditional MBA graduates in the U.S. increased by 15% in 2004, according to the QS TopMBA.com Index.
- Currently, there are 2,600 MBA courses offered by approximately 1,400 universities in 125 countries. An increasing number of executive education organizations offer online courses.
