The last couple of decades have witnessed a surge in the demand for management degrees. Master of Business Administration (MBA) has continued to attract significant numbers of students across the globe. In spite of being tagged as one of the costliest and high competition education sectors, a large number of students are flocking to top varsities for the degree. The demand has also witnessed students migrating from one country to another for better opportunities.
Amidst all these, Singapore has emerged as one of the top destinations for MBA aspirants. And why should not it be? The country has management schools and universities offering top-notch education and infrastructure. Apart from this, these centres have stood up to the expectations of the students. MBA in Singapore has been so much popular that the country has witnessed a rise in the number of applications from the students of western and Asian countries.
Understanding the demand for the degree, the country has long ago started to provide MBA degree to the working professionals. With the highest per capita income, this country has also been a popular destination for many professionals. According to the educationists, students are seen leaving their lucrative jobs for the sake of an MBA in Singapore. To assist such working professionals, the country has introduced EMBA courses for working professionals.
MBA and EMBA courses have created a lot of confusion amongst the aspirants. But, what sets apart both these degree matters a lot. To understand the thin line of difference between these two degrees, one has to understand the difference. This should include all the possible parameters that define a course- study schedule and classes, curriculum, costs and admission requirements in Singapore.
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MBA and EMBA- For whom are these?
Executive Masters of Business Administration or EMBA is almost similar to a regular MBA. However, the former is designed to meet the requirement of working or experienced professionals. As it is meant for managers and business owners, the classes of Singapore EMBA are conducted during the weekend ascertaining that the course is completed in the given stipulated time.
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Classes and Study Duration
When it comes to the number of classes and duration of each class, varsities offering MBA in Singapore are less flexible. MBA degree is a full time one and the students have to attend regular classes, complete assignments, and internships.
On the other hand, individuals pursuing Singapore EMBA have the flexibility to combine courses and jobs. Several top universities offer students of EMBA with facilities like textbooks, meal delivery, and other required tools. Apart from this, the students of EMBA have the liberty to mingle with professionals from different backgrounds. This helps in growing business networking while the course is on way.
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Application Requirement for MBA and EMBA Aspirants in Singapore
To be eligible for a degree of MBA in Singapore, the applicant needs to have a minimum of 2 years of work experience. In addition to this, a minimum of 2.8 CGPA in graduation is mandatory. Apart from this, the applicant must have taken any of these examinations- GMAT, TOEFL, IELTS, and GRE- and should have a valid scorecard. TOEFL/IELTS is required for those applicants who do not have English as one of their subjects during their undergraduate studies.
Singapore EMBA course is for those professionals who are working. The selection procedure largely depends on the identification of talented professionals from a wide range of business, academic, and cultural backgrounds. There are several parameters on which the potency of the applicant is measured
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Course Structure of MBA and EMBA in Singapore
MBA in Singapore is offered on a wide range of specialisations that include Supply Chain Management, Sports, Healthcare, Finance, Hospitality, and Sports Management. The course starts with the basic introduction to accounting, marketing, economics, and business operations giving the applicant the liberty to choose the subject of their choice.
On the other hand, Singapore EMBA has also the same structure of curriculum as that of a regular MBA. However, the courses are fast paced.
Conclusion
The choice of the course should be made on the ground of priority and requirements. All the possible aspects should also be taken into consideration before selecting and enrolling in any of the courses. Singapore is considered a hotspot for MBA and EMBA courses in 2020 and beyond.