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AlexaCPA
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| Posted: 17 Oct 2011 at 16:52 | IP Logged
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Hi Jonus21,
have you taken the GMAT?
what prep course do you recommend?
I need to get a very good score. thanks!!
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jonus21
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| Posted: 17 Oct 2011 at 17:02 | IP Logged
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Hi Alexa,
I not only took the GMAT but I'm currently in an MBA
program at Duke (Fuqua). I did not take a live prep
course so much as buy the Manhattan GMAT prep series of
books. I know that they, along with other companies,
offer live classes. I didn't think I needed it. Still,
the prep series is quite good and most test-takers swear
by their products. Don't take my word on it as you might
like something else. I just know I did a LOT of research
on the different companies. Heck, check out Amazon and
look at the reviews.
I'd also suggest checking out GMATclub.com. It's a forum
for those pursuing their MBA. There's info on all sorts
of prep stuff, practice questions, school reviews, and
more. Heck, I spent a lot of time on there doing research
into schools before I decided on Duke. Let me know if you
have any other questions. Best of luck.
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CFE
Working on MBA at Duke
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AlexaCPA
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| Posted: 17 Oct 2011 at 17:25 | IP Logged
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Thanks Jonus21,
Congratulations!
I dream about going to Duke.
I really have more questions, if possible, can you please e-mail at alexa.simmons@aol.com?
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SanDiegoKiller
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| Posted: 06 Dec 2011 at 13:22 | IP Logged
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EMBA = People with a weak GMAT/Academic background who want to buy the name recognition of a recognized University. This is a hugely profitable for universities who run these programs, and often cost 100-160k at top tier universities. An EMBA is not nearly as competitive to get into, some EMBA programs have 80% acceptance rate, when their regular day time MBA program has a 20% acceptance rate.
MBA = More competitive/lower cost/ more handouts (scholarships..). Most of the rankings are based on the stat's of the regular MBA students.
EMBA's programs basically piggyback on the rankings of the regular MBA programs, but in no way are they as competitive. Schools know this, so they turn around and charge exorbitant rates to EMBA's\ Part-time student and use the stat's of smaller full-time students to bolster their rankings.
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jonus21
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| Posted: 08 Dec 2011 at 17:34 | IP Logged
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While I agree with the post above in some respects, I
think it ignores that EMBA programs are inherently
designed for working professionals that already have an
established career. In the case of an MBA, the normal
expectation is that you attend full-time, giving up your
job in the process. In addition, many MBA grads switch
industries/career tracks, so this isn't as much of a
sacrifice. In the case of an EMBA, the career is often
set, as is the job and company. In fact, though the
ratios have decreased in the last few years, it is often
an EMBA's own company that pays for the education
(whether in full or a partial reimbursement). So to say
that EMBA = weak GMAT/Academic background is
oversimplification of a larger idea.
In addition, a decent school will charge a princely sum
for their business programs because they can. It's a case
of supply and demand for decent programs. In the case of
Chicago, Cornell, Columbia, UCLA, Duke, etc., they are
highly regarded and every one of them has not only MBA
but a highly-rated EMBA program. In a situation where the
MBA costs 250k for all expenses over the cost of the
program, why would someone balk at 150k for an EMBA at
the same school but which allows them to still work, thus
still earning a salary?
That being said, I do think that many individuals just
want to buy a degree. Many programs, which includes both
EMBA and MBA, aren't worth the cost of attending if it
isn't a well regarded program. There are plenty of
resources out there to gauge the ranking of various
programs. Just try to stay away from unranked programs as
they likely have high acceptance ratios, which often
leads to a lower base salary upon graduation.
Honestly, if the education isn't going to be a net
benefit to you in your career, why spend the time and
money? Do the research, invest the time and effort, and
it will pay off later. Maximize that ROI!
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Working on MBA at Duke
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Topic: EMBA vs. MBA?
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