Executive MBA in USA: Top Universities, Admissions, Fees, Scope

Executive MBA in USA: Top Universities, Admissions, Fees, Scope

Executive MBA in USA is a practice-oriented business degree that focuses on leadership skills, teamwork, and professional development. Business professionals at the mid-senior or senior level can earn an Executive MBA from USA while still working full-time. An EMBA from US Universities lasts for 22 months to 24 months with tuition fees ranging between 87,938 to 217,837 USD. For Indian students, this estimates between 71.79 lakhs to 1.77 crore INR.

Is the cost seeming to be extremely high? Find out Scholarships for Executive MBA in US.

Though an Executive MBA may not offer you much course-flexibility, these are incomparable in terms of creating a strong sense of community and bonding. To get into the course, applicants are required to have 3-5 years of work experience on their CV and strong professional LORs. The average salary of Executive MBA graduates in USA ranges between 155,800 to 181,900 USD per annum (1.27 to 1.48 crore INR). EMBA graduates of top business schools in USA receive around 14.6% increase in compensation.

Top Executive MBA Colleges in USA

Listed below are the top universities for executive MBA in USA as per US News Best EMBA program rankings for 2023.

Best Executive MBA (2023) Universities Program
#1 Northwestern University Check Course Details!
#2 University of Pennsylvania Check Course Details!
#3 University of Chicago Check Course Details!
#4 Columbia University Check Course Details!
#5 University of Michigan- Ann Arbor Check Course Details!
#6 New York University Check Course Details!
#7 University of California, Berkeley Check Course Details!
#8 Duke University Check Course Details!
#9 Massachusetts Institute of Technology Check Course Details!
#9 University of California, Los Angeles Check Course Details!
#11 University of North Carolina- Chapel Hill Check Course Details!
#12 Cornell University Check Course Details!

Executive MBA in USA Admission Requirements

For any professional seeking admission to EMBA courses in the US, there are certain requirements you will have to meet. These are:

Executive MBA in Northwestern University

Northwestern University is ranked #1 as the best executive MBA university in 2023 (by US News). The tuition fee for executive MBA program at Northwestern University is USD 113,319/year i.e 92.22 lakhs for an Indian Student.

Application Deadline Round 1: April 19, 2023 | Round 2: June 7, 2023
Application Fees 150 USD (12,250 INR)
Experience Requirements 8 years
Average Work Experience 15 years
TOEFL iBT Minimum- 100 | Average- 104
Documents required 2 LOR’s, 2 Essays, Resume, GMAT score of 700+
Interview Required
Financial Aid Available

Executive MBA in University of Pennsylvania

The University of Pennsylvania offers an Executive MBA with a duration of 2 years. The tuition fee for an EMBA at the University of Pennsylvania is around USD 105,450/Year, i.e approximately 85.82 lakhs for an Indian student.

Application Deadline January 18, 2023
Application Fees 275 USD (22,460 INR)
Experience Requirements 8 years
Average Work Experience 12 years
TOEFL iBT Minimum- 100 | Average- 115
Documents required 2 Essays, 2 LOR’s, GMAT Score (Median score 710), Resume
Interview by invitation
Financial Aid Available

Executive MBA in University of Chicago

Chicago Booth created the world’s first Executive MBA Program. EMBA program at University of Chicago is of 21 months. The annual tuition fee of the program is around USD 153,806 i.e around 1.2 Cr. for an Indian student

Application Deadline January 16, 2023
Application Fees 175 USD (14,290 INR)
Experience Requirements No Minimum Requirement
Average Work Experience 13 years
TOEFL iBT Minimum-100 | Average- 104
Documents required 2 LOR’s, 1 Essays, GMAT score (Average score: 732), Resume
Interview By invitation
Financial Aid Available

Executive MBA in Columbia University

The Executive Master of Business Administration (EMBA) at Columbia University is a 2-year program. The tuition fee for an EMBA at Columbia University is USD 109,860 annually which equals to around 87.6 lakhs for an Indian applicant.

Application Deadline January 11, 2023 | February 15, 2023
Application Fees 250 USD (20,415 INR)
Experience Requirements 8 years
Average Work Experience 10 years
TOEFL iBT Minimum 100 | Average 105
Documents required 3 Essays, GMAT score (Average score: 729), Resume (one-to-two pages), 1 LOR
Interview By Invitation
Financial Aid Available

Executive MBA in University of Michigan-Ann Arbor

Exective MBA is a 21 months program at UMich- Ann Arbor. The average annual tuition fee of EMBA at University of Michigan, Ann Arbor is around USD 72,116 i.e approximately 58.69 lakhs for Indian applicants.

Application Deadline February 1, 2023
Application Fees 200 USD (16,330 INR)
Experience Requirements 8 years
Average Work Experience 15 years
TOEFL iBT Minimum 100
Documents required Resume, 1 LOR, 3 Essays (of 400 words), GMAT score (Average score: 720)
Interview Required
Financial Aid Available

Executive MBA in New York University

Master of Business Administration in Marketing at New York University is offered as a 2-year program. This program has a co-op work option. The tuition fee at New York University for EMBA is USD 88,400.

Application Deadline August: March 1, 2023 | May 15, 2023
January: October 1, 2023 | November 1, 2023
Application Fees 175 USD (14,290 INR)
Experience Requirements 6 Years
Average Work Experience 14 years
TOEFL iBT Minimum- No specific cutoff | Average- 90
Documents required Pre-Assessment, 2 essays (min. 500 words), 2 LOR's, GMAT score (Average score: 729)
Interview Required
Financial Aid Available

Executive MBA in University of California, Berkeley

The Executive Master of Business Administration at the UCB is a 22 months program. It is an on-campus program offered on a part-time basis. Tuition fee for an EMBA at University of California, Berkeley is 106,900 USD which is approximately 86.93 lakhs INR for an Indian student.

Application Deadline February 1, 2023
Application Fees 200 USD (16,330 INR)
Experience Requirements 8 years
Average Work Experience 14 years
TOEFL iBT Minimum 90 | Average 100
Documents required 2 LOR’s, 2 Essays, Resume, GMAT score (Average score: 726)
Interview Required
Financial Aid Available

Executive MBA in Duke University

The Executive Master of Business Administration (Global) program at Duke University is the duration of the 21-month program. The annual tuition fee at Duke University for an EMBA is around USD 83,351 i.e 66.46 lakhs for an Indian student.

Application Deadline February 1, 2023 | March 1, 2023 | April 5, 2023
Application Fees 225 USD (18,375 INR)
Experience Requirements 5 years
Average Work Experience 10 years
TOEFL iBT Minimum- No specific cutoff | Average- 100
Documents required 3 Short essays, Resume, 1 LOR, GMAT score (Average score: 702)
Interview Required
Financial Aid Available

Executive MBA in Massachusetts Institute of Technology

The MIT Executive MBA is a rigorous 20-month executive-schedule MBA program designed for mid-career executives. Tuition fees for an EMBA program at the Massachusetts Institute of Technology is USD 192,000 for full program.

Application Deadline January 12, 2023 | February 9, 2023 | March 9, 2023 | April 6, 2023
Application Fees 250 USD (20,417 INR)
Experience Requirements 10 years
Average Work Experience 17 years
TOEFL iBT Minimum- 90 | Average 100
Documents required SOP (500 Words), 2 Short essays, 2 LORs, GMAT score (Average score: 728)
Interview By Invitation
Financial Aid Available

Executive MBA in University of California, Los Angeles

Executive Master of Business Administration at the UCLA is a 15-month program. Tuition fee for EMBA at University of California, Los Angeles is around USD 31,516, i.e around 25.66 lakhs for an Indian students.

Application Deadline February 1, 2023
Application Fees 200 USD (16,330 INR)
Experience Requirements 8 years
Average Work Experience 14 years
TOEFL iBT Minimum- 87 | Average- 100
Documents required GMAT (optional) (GMAT score range: 660-760), 2 LOR’S, 2 Essays (500 word count)
Interview Required
Financial Aid Available

Cost of Studying Executive MBA in USA

As mentioned above, the tuition fees for an Executive MBA in USA for an Indian student ranges from 86 lakhs to 1.5 Cr INR. There are additional expenses that international students spend when studying abroad. Some of the major expenses include:

Cost of Living in USA

The estimated average cost of living in the USA for an international student is approximately 15,000 USD per annum (12.25 lakhs INR). Some of the major living expenses are:

Type of Expense Average Annual Cost (in INR)
Accommodation 11.52 lakhs- 25.56 lakhs
Health Insurance ~1.55 lakhs
Traveling 1.12- 2.33 lakhs
Groceries 2.33 lakhs
Other Utilities like Electricity, Entertainment, etc 4.67 lakhs

Scope of Executive MBA in USA

One of the many benefits of pursuing an executive MBA in USA is the payoff. As reported by Forbes, the average salaries (inclusive of bonuses) for EMBA graduates ranges from 155,800 to 181,900 USD per annum (1.27 to 1.48 crore INR). Following are some of the popular professions pursued by Executive MBA graduates in USA and their respective average salaries:

Profession Average Annual Salary (USD) Average Annual Salary Equivalent (INR)
Account Coordinator 92,800 75,78 lakhs
Administration Manager 104,000 84.92 lakhs
Assistant Manager 118,000 96.35 lakhs
Client Services Manager 137,000 1.11 crore
Business Development Manager 145,000 1.18 crore
Executive Manager 181,000 1.47 lakhs

A graphical representation of the average salaries of some of the Executive MBA graduates in USA according to their respective professions is provided here: 

EMBA Salary in USA by Profession

MBA provides its students with an opportunity to join an elite forum for innovation and leadership, in which students develop an edge in management capabilities and build a network that lasts a lifetime. Executive MBA also presents a unique opportunity for those looking to start their own business. Executive MBA helps students update their industry knowledge and learnings in specializations that offer cutting-edge approaches in respective evolving landscapes.

FAQs

Ques. Is an executive MBA the same as MBA?

Ans. Though the length of MBA and EMBA may be similar, the two courses are designed for completely different candidates. EMBA is designed to keep professionals at a mid-senior and senior level in mind while MBA courses for fresh graduates or professionals are initial stages of their careers.

Ques. What is the cost of pursuing an EMBA in the USA?

Ans. An Executive MBA in USA ranges from 89,0000 USD to 217,000 USD. This is majorly the tuition fees, which for Indian students goes up to 1.5 Crore.

Ques. Is an Executive MBA in USA hard to get into?

Ans. Though the academic requirements to get into an executive MBA in USA are not very tough, other requirements like LORs, Essays, Resume and work experience are stringent. The universities offering EMBA are very specific towards the assessment and make sure only best of the best are enrolled in the course.

Ques. Is GMAT mandatory for pursuing an executive MBA in USA?

Ans. No, GMAT scores are not mandatory to pursue EMBA in the USA. However, most top universities do ask for the scores of GMAT, GRE or Executive Assessment tests.

Ques. How much can I earn with an Executive MBA in USA?

Ans. The average salaries for executive MBA graduates in the US range from 155,800 USD to 181,900 USD.

Ques. What are the jobs I can get after an Executive MBA in USA?

Ans. Job roles like Chief Executive Officer, Chief Financial Officer, Executive Director, Executive Manager, Managing Director, Chief Operating Officer are available to professionals with an EMBA in the USA

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