ORANGE, CALIF.--(BUSINESS WIRE)--Today the Executive MBA Council (EMBAC) announced the results of the 2015 EMBAC Membership Program Survey which revealed that the percentage of women in Executive MBA (EMBA) programs continues its steady growth, reaching its highest point in recent years at 27.6 percent. Programs reported manufacturing, technology, financial services and consumer products led the industries represented by entering students.
In 2015, the average age of an enrolled EMBA student is 37.8. Entering students averaged 13.9 years of professional experience with nine years of management experience. Less than one-quarter of EMBA students receive full financial sponsorship; 41 percent of students receive no funding support from their employer. Approximately one in six inquirers to EMBA Programs submits an application.
Additional program offering insights from the EMBAC Membership Survey include:
- More than 50 percent of EMBA programs provide scholarships or fellowships.
- Almost one-half of EMBA programs offer curricular concentrations, including: Finance; Global Business; Marketing; Entrepreneurship and Strategy. Nine percent of programs report an industry-focus to their program -- healthcare dominates industry-focused programs.
- Two-thirds of EMBA programs feature an international trip.
- More than 90 percent of EMBA programs offer career services to their students.
Michael Desiderio, EMBAC executive director, recently commented on future leaders, noting “with factors such as the continual emergence of new technologies and an ever-shifting global focus, companies will continue to face skills and leaderships gaps that can be filled by those completing EMBA programs. Another recent survey found that the salary and bonus packages of program graduates increased by 16.8 percent from program start to program end, continuing to show the value of an EMBA program.” The demonstrated ROI of EMBA programs should be encouraging to both students and companies that actively seek to adapt and lead in their respective industries.
The EMBAC currently includes more than 200 colleges and universities that administer 300 plus programs in more than 25 countries worldwide. Each year the Council conducts a membership survey; this year the survey was conducted by Percent Research, held from March 10 to June 9, 2015, and was completed by 91.5 percent of the member programs.
About the Executive MBA Council
The Executive MBA Council (EMBAC) is a non-profit association of universities and colleges that offer Executive MBA Programs. EMBAC’s vision is to be the preeminent global voice of the Executive MBA industry. The Council supports its members in fostering excellence and innovation in Executive MBA programs worldwide by providing outstanding educational and networking opportunities for professionals who deliver Executive MBA programs. EMBAC’s mission is to advance the cause of EMBA Programs by providing necessary thought leadership, serving as a facilitator of best practice sharing and knowledge dissemination, and fostering a community among high-quality programs. For more information or resources, visit www.emba.org.