Early Career, Professional, Executive, Sport and Entertainment MBA: Which One is Right for You?
There are several paths towards an MBA. This article breaks down the differences, requirements, and benefits of each, as well as includes sample curriculum to consider.
There are many factors that inspire professionals to seek a master’s degree in business administration. Maybe you are looking for a leg up the corporate ladder. Maybe you want to make a career change or start your own business. Or maybe you’re looking to grow as a leader, inspiring your team and driving the vision and values of your workplace. No matter your goal, an MBA prepares you to take the next step in your career, helping you grow both personally and professionally.
But business education is not one-size-fits-all. A student early in their career needs different tools and support than a seasoned business executive. That’s why you need an MBA program tailored to your experience level and professional goals.
There are several paths towards a master’s in business administration: an early career MBA, a professional MBA, or an executive MBA.
What are the differences between each program? And which one is right for you?
Early Career MBA: Designed for Recent Graduates with Non-Business Degrees and Limited Work Experience
An Early Career MBA is designed specifically for non-business undergraduates with limited work experience looking to expand their career prospects. Usually a one-year, full-time program, an Early Career MBA provides the strong academic foundation of an MBA while also providing hands-on experiences and carefully crafted career guidance.
Albers' Early Career MBA graduates come from a variety of non-business undergraduate programs with one thing in common: the drive to change the trajectory of their careers. Apart from their studies, students are required to attend activities such as career development seminars, Albers Career Center activities to help with career planning, the Albers Mentor Program, events such as the Albers Executive Speaker Series, and completion of an internship.
The result is a well-rounded grounding in business and experiential activities that give students the skills, knowledge and confidence to pursue their dream careers, whether that's pivoting to business-related fields, accelerating their professional growth, or even launching their own businesses.
Sample Early Career MBA Curriculum
An Early Career MBA program aims to impart solid business knowledge through a carefully curated selection of courses, with a selection shown below:
- Business Economics
- Project Management
- Financial Management
- Marketing Strategy
- Business Ethics
- Operations and Supply Chain Management
- Business Analytics and Data Modeling
- Legal Aspects of Business
- Creativity and Innovation
The Professional MBA (PMBA): A Flexible Curriculum for Working Professionals
A professional MBA program—or PMBA—is a business graduate degree built to accommodate the needs of working professionals. A PMBA can prepare you to move into a leadership position, with management positions expected to grow 9% by 2030.
Someone fresh out of an undergraduate program may jump into a full-time traditional MBA program, but a working professional with a full-time job may need a different academic structure—and network—to work towards their goals. That’s where the professional track comes in.
At the Albers School of Business and Economics, the PMBA is a flexible evening program that can be completed part-time or full-time. What sets Albers apart is that the curriculum is tailored to your goals, allowing you to customize your degree and direct your education based on your skills and interests.
The PMBA and Executive MBA programs at Albers are both experiential, meaning you are encouraged to learn how to apply the skills you learn in the real world.
The difference between a professional vs. executive MBA will be the level of work experience required to enter the program. Students who pursue a PMBA tend to have between five to seven years of experience, while an EMBA is geared towards professionals with extensive leadership experience.
Sample Professional MBA Curriculum
Because they are designed for working professionals, Professional MBA programs often aim to equip you with the skills necessary to make an impact in your field now, move up the career ladder, or grow as a leader. See below for examples of courses from Albers’ Professional MBA.
- Teams, leadership, and decision-making
- Management of change
- Marketing research
- Corporate financial management
- Professional & interpersonal communications
- Competitive strategy
- International economics
The Executive MBA (EMBA): An Advanced Leadership Program for Senior Professionals
An executive Masters of Business Administration—or EMBA—is a type of professional program geared towards more seasoned executives.
Students in this program tend to have at least 10 years of professional experience, with several of those years being in a managerial capacity. If you’re in upper management, or aspire to be in the near future, this may be the path for you.
According to AACSB, “Executive business degrees provide the opportunity to explore specific disciplines or nuances of business, refine necessary skills like negotiating and crisis management, and build an extensive network of other professionals.” From physicians to corporate vice presidents, those who pursue an EMBA come from a wide range of industries, such as technology, financial services, and health care.
An EMBA can prepare you to move up in your workplace, improve your team’s dynamic, or make a career change. It also tends to lead to higher compensation, with EMBAC reporting that EMBA graduates receive a 14.7% increase in pay after earning their degree.
The Albers Leadership Executive MBA arms you with leadership and management skills that you can apply directly to your current work environment. Because top management sets the vision for an organization, earning an EMBA can have a direct impact on your company’s success, creating a ripple effect across your teams. When you grow as a leader, your company grows, too.
Sample Executive MBA Curriculum
Because they are designed for more seasoned executives, EMBA programs tend to be more strategic-thinking and global in nature. See examples of courses from Albers’ Leadership Executive MBA below.
- Building Vision for a Global Commons
- Creating High Impact Teams
- Ethical Leadership
- Leading Responsible Organizations
- Strategic Analysis of Domestic and International Economic Environments
- Financial Accounting for Business Executives
- Managerial Accounting for Business Executives
- Data Analytics and Visualization for Executives
- The Art of Influence and Negotiation
- Microeconomic Concepts: Strategic Decision-making Tools and Frameworks
- Financial Tools for Strategic Decisions
- Strategic Marketing
- Global Strategy Formation
- Leading Change
- Information Systems: The Role of Executives
- Strategy Implementation
- Enterprise Legal Issues
- Planning for Significant Legacy
MBA in Sport and Entertainment Management: For Aspiring Future Leaders in the Dynamic Sport and Entertainment Industry
An MBA in Sport and Entertainment Management not only equips students with foundational business principles, it also provides these through the specialist lens of a powerhouse industry that contributes billions to the US and global economies.
Albers' MBA in Sport and Entertainment Management prepares students for key roles in sport and entertainment while its Associate Program offers experiential learning and networking opportunities with some of Seattle's best known teams and organizations. Several of the program's courses integrate sport industry professionals into projects and activities, as well as tap them as guest speakers, advisory board members, and subject matter experts. In addition to these, the MBA in Sport and Entertainment mentor program provides specific advising and mentorship from leaders in the field.
Sample MBA in Sport and Entertainment Curriculum
Albers' MBA in Sport and Entertainment curriculum aims to develop business acumen in concert with leadership skills and knowledge sought after by the sport industry. A sample of the courses are listed below.
- Accounting for Business
- Introduction to Business Analytics
- Introduction to Sport and Entertainment Management
- Legal Issues in Sport and Entertainment
- Revenue Generation in Sport and Entertainment
- Venue Sustainability and Operations
- Sport Business Analytics
Got commitments that may make attending an in-person grad program challenging? Live outside Seattle or out-of-state? Albers is launching an online MBA in Sport and Entertainment Management program in fall 2024.
Ready to Take the MBA Leap?
At Albers, our MBA programs are designed to empower you with the tools and professional development necessary for your career level and experience.
Whether you pursue an Early Career MBA, a Professional MBA, an Executive MBA, or an MBA in Sport and Entertainment Management, you will go through the program with a cohort of fellow students who can serve as a valuable network beyond the program.
Ready to decide which Albers graduate degree is right for you?
Albers School of Business and Economics
May 28, 2023