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Many Returns
Quite well, it seems, according to the most recent research on the value of the Executive MBA degree to students and their organizations.
An Executive MBA Council study also shows a satisfaction indicator among alumni that any business would envy: The overwhelming majority of Executive MBA participants in the study would likely recommend the program to others.
According to 2010 council research:
- Students who participated in the survey reported a 11.4 percent salary and bonus increase. Students’ salaries rose from an average of $127,955 when entering their Executive MBA Program to $142,534 after completing the program.
- Thirty-seven percent of Executive MBA Students were promoted.
- Sixty-eight percent received new responsibilities during their time in the program.
The Executive MBA experience also compares favorably in several key areas to other MBA experiences.
For example, Executive MBA graduates rate the quality of faculty, fellow students, curriculum, admissions, program management, student services, and career services higher than graduates from full-time or part-time MBA programs, according to results from the 2007 GMAC Global MBA Graduate Survey.
Graduates of Executive MBA Programs also rated other aspects of their experience more highly.
- They were more likely than graduates from other programs who received a promotion to report an increase in their budgetary authority, according to the 2007 GMAC Global Graduate Survey.
- They reported higher annual salaries compared to the graduates of other program types, according to the 2007 GMAC Alumni Perspectives Survey.
- In the same survey, they were significantly more satisfied that their education was personally rewarding, compared with other graduates of MBA programs.
- They also rated the overall value of their degree higher compared with graduates of part-time MBA programs and were significantly more likely than part-time MBA program graduates to say yes to the question “Knowing what you know now, would you still have pursued a graduate business degree?”
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