Executive Programs -- FAQs
What is an Executive MBA or Executive MS?
An Executive MBA or Executive MS is a full-time MBA or MS program offered in an "executive" format. An "executive" format is one where classes are held mainly on weekends so that students can attend the program while continuing to work, and can complete the degree in the same time as a full-time program--less than 2 years for an MBA, and 10 months for an MS.
Is this the same degree as a regular MBA or MS?
Yes, it is the same degree, and students fulfill the same requirements as a regular MBA or MS.
How is the Executive MBA different from a regular MBA?
There are several differences:
- The Executive MBA is meant for working professionals and business people, and applicants should have at least 5 to 7 years of work experience. Many applicants have 10 or more years of experience. A GMAT is not required for admission, although submission of a GMAT score may significantly improve an applicant's chances of being admitted.
- It is a weekend program, with classes mainly on Saturdays. Classes are also held on a few Fridays during the year because of holidays--but these are scheduled well in advance so you have adequate warning. Classes run the whole day (8:30 am to 5:30 pm) on the day you come in.
- It is a cohort-based program, meaning that you take all your classes with the same group of people through the program. Students usually develop strong personal and professional bonds with their classmates that are sustained throughout life. The cohort thus becomes the core of the students' network, affording many opportunities for career advancement.
- The program is a general MBA. It includes a wide range of courses in functional areas (Finance, Accounting, Marketing, Human Resources, Information Systems, and Statistics) as well as specialized courses in areas such as leadership, innovation, negotiation, persuasion and ethics.
- Program fees include all course materials (textbooks, lecture notes, cases, readings) and meals and snacks on class days (breakfast, lunch and coffee breaks). In addition, all administrative details (registration, bursar etc.) are taken care of by the Executive Program staff, so students can focus exclusively on their studies.
- The highlight of the EMBA program is a 9-day International Study Trip, in which the class travels to two overseas destinations to learn about business conditions, practices and cultures in those countries. Meetings are arranged with business leaders and policy makers, along with site visits to companies and manufacturing facilities. Students learn first-hand about the challenges and opportunities of doing business in those countries. Most of the cost of the trip (travel and hotel) is included in the program fees.
Who is a typical student?
A typical Zicklin Executive Program student is a highly motivated, mature individual who has assessed his or her potential and set goals of leadership within an existing work environment or in another field. Executive students have typically reached mid-management levels of responsibility yet seek out the challenge of intense study as a stepping-stone to ultimate success.
Is a GMAT required?
GMAT scores are not required for the Executive MBA and Executive MS in Finance. However, students should consider submitting a GMAT score if they feel that their transcripts do not reflect their current status and potential, or if the resume indicates lack of expertise in pivotal areas of management. For the Executive MS in Financial Statement Analysis a GMAT score is required as part of the application.
Is there a deadline for submitting applications?
Applications are accepted and processed on a "rolling admissions" basis. For Fall classes, depending on space availability, July 22 is the deadline. Applications received after that date will be considered if space remains.
Do I have to be financially sponsored by my company?
No. In fact, today fewer companies, whether large or small, offer tuition sponsorship because of uncertain business conditions. However, you need to have your employer's signature on the Sponsor's Agreement. This is to ensure that your organization is aware that you will have additional demands on your time as you complete this program, and will support you through that process.
How is tuition paid?
Tuition is paid in 4 to 7 installments, depending on the length of the program. A deposit of $4,000 is due upon acceptance of our offer of admission. The remaining 3 to 6 payments are due prior to the start of each trimester.
What financial aid is available?
There are several sources of financial aid (loans) that candidates may consider whether U.S. citizens, residents, or international applicants. Once you have been accepted into the program, the Financial Aid Office can guide you through the process. No grants or scholarships are offered by Executive Programs. A variety of loans are available.
Can international students apply?
Yes. Students in Executive Programs are classified as full-time students and are eligible for student visas. While the cost of the program is identical for a U.S. citizen, you will probably need a student visa. Once accepted into the program, you are required to complete a statement of financial support for one full year. When the statement is received, the college forwards necessary documentation to you for submission to the nearest United States Consulate in your home country and thus starts applying for your student visa. These proceedings can be lengthy, so apply early in the year if you wish to begin an Executive Program. Admission into the college is not a guarantee that you will be given a student visa.
Does Zicklin Executive Programs accept transfer credits?
No, the lockstep nature of the program does not lend itself to accepting transfer credits.