Best Executive MBA in the World: Colleges & Programs

12 min read

Imagine being a part of top schools like Wharton University, studying the best executive MBA programs in the world. With a median salary and bonus of a cool INR 1.9Cr (USD 230K) at the start of the program, an executive MBA isn’t just offering an education but a launchpad to the stars.

But, finding the right program in the right university to fit your unique needs can feel like searching for a needle in a haystack. So how do you do it? 

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Dive in and explore the crème de la crème of executive MBA programs that the world has to offer in this blog post. Pick what suits you best! 

Key Highlights

Here’s an overview table focusing on the key aspects you’ll study further in the blog about the best executive MBA in the world. 

AspectDetails
Duration 12-24 months 
Top Colleges for the Best Executive MBA in the World  The Wharton School
INSEAD
London Business School
Average Fees (in total)INR 76.2L to INR 1.7Cr (USD 90.8K to USD 211K)
Career OptionsChief Executive Officer
Chief Financial Officer
Chief Operating Officer
Admission Requirements 5-15 years of work experience
GRE/GMAT
IELTS/TOEFL 

What is an Executive MBA?

An Executive MBA (EMBA) is designed for working professionals like you who aspire to climb the corporate ladder without putting their careers on hold.  

Unlike a traditional MBA, which often requires a full-time commitment, an EMBA program allows you to continue working while attending classes, typically on weekends or during intensive modules. With a duration ranging from 12 to 24 months, these programs are structured to fit around your busy schedule. 

What sets the best executive MBA in the world apart is its focus on real-world application. These programs are tailored for seasoned professionals, usually with 5-15 years of experience, who are looking to sharpen their leadership and strategic skills. 

Choosing between an executive MBA and a traditional MBA depends largely on your career stage and professional goals. Both programs offer valuable business education, but they cater to different audiences and have distinct formats. 

Here’s a concise table highlighting the key differences. 

CriteriaExecutive MBAMBA
Target AudienceExperienced professionals, executivesEarly to mid-career professionals
Work Experience5-15 years typically required3-5 years required (varies by program)
Program FormatFull-time, part-time, online, weekendsFull-time and online 
Duration12-24 months12- 24 months 
FocusLeadership, strategic managementBroad business fundamentals

Types of Executive MBA

Depending on your career objectives, lifestyle, and learning preferences, you can choose a program that fits your needs. 

Below are some of the common types of the best Executive MBA in the world.

Best Executive MBA in the World: Colleges & Programs

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1. Full-Time/Part-Time  

Full-time and part-time executive MBAs are typically two-year programs designed for working professionals. You’ll need at least 5 years of experience at an executive or managerial level and 10-15 years as a senior executive.  

2. Online

If you prefer not to leave your job, various colleges offer Executive MBAs in an online format. These programs usually last between 12-18 months. 

The best online executive MBA programs in the world offer the same high-quality education as full-time programs with the added convenience of studying in a remote setting. 

3. Weekends 

Weekend executive MBAs are for you if you wish to continue working full-time while earning your degrees. It usually spans around 22 months and requires a minimum of 7 years of work experience. 

These programs are ideal for those who can dedicate weekends to advancing their education without disrupting their career. 

Top 10 Executive MBA Programs in the World at the Best Colleges 

According to EMBAC, 39% of EMBA graduates receive a promotion after graduation. This highlights the transformative impact of the best executive MBA programs in the world. 

See yourself among them? 

Then, here’s a list of the top global executive MBA programs offered by the best colleges that you can choose from.  

InstitutionAverage Fees Program Duration 
The Wharton School, USAINR 32.2L (USD 38.4K) per academic term 2 years 
INSEAD, France, Singapore, and UAEINR 1.3Cr (EUR 142K) in total 14-17 months 
London Business School, UKINR 1.3Cr (GBP 125K) in total 20 months 
HEC Paris, FranceINR 1Cr (EUR 110K) in total 15-18 months 
MIT Sloan School of Management, USAINR 1.7Cr (USD 208K) in total 20 months 
University of Chicago Booth School of Business, USAINR 1.8Cr (USD 211K) in total 21 months 
IESE Business School, SpainINR 75.8L to 78.5L (EUR 82K-85K) in total Over 18 months 
Saïd Business School, University of Oxford, UKINR 1.1Cr (GBP 107K) in total 22-24 months 
Columbia Business School, USAINR 2Cr (USD 240K) in total Over 20 months 
UCLA Anderson School of Management, USAINR 81.4L (USD 91.7K) in total22 months 
Please Note: The INR conversions are based on current exchange rates and are subject to change. 
  1. The Wharton School (United States) 

Wharton, established in 1881, is ranked 10 in the QS International Trade Ranking for Masters and MBA 2024. The program emphasises real-world application through its unique global modular courses.

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Donald Trump: 45th President of the United States.
  • Elon Musk: CEO of Tesla and SpaceX. 
  1. INSEAD (France, Singapore, and the United Arab Emirates) 

INSEAD, established in 1957, has an executive MBA that stands out for its global perspective, with campuses in Europe, Asia, and the Middle East. Ranked 2 in the world for Business and Management Studies by QS 2024, INSEAD provides a truly international experience.

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Tidjane Thiam: Former CEO of Credit Suisse
  • Helena Morrissey: Founder of the 30% Club
  1. London Business School (United Kingdom)

London Business School was established in 1964 and is celebrated for its central location, providing students with direct access to one of the world’s leading financial hubs. 

Ranked 3 in the world for Business and Management Studies by QS 2024, LBS offers a flexible curriculum tailored to executives’ busy schedules.

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Kumar Mangalam Birla: Chairman of the Aditya Birla Group
  • Nitin Nohria: Former Dean of Harvard Business School
  1. HEC Paris (France)

HEC Paris was established in 1881 and offers an executive MBA program that is renowned for its focus on leadership and innovation. 

It ranks 9 in the world for Marketing by QS 2024 and integrates research with practical leadership skills, making it a top choice for aspiring global leaders. 

Notable Alumni

Some of the notable alumni at this university include the following. 

  • François-Henri Pinault: CEO of Kering
  • Jean-Paul Agon: Chairman and former CEO of L’Oréal
  1. MIT Sloan School of Management (United States)

MIT Sloan was established in 1914, with an executive MBA distinguished by its focus on innovation and technology.

Ranked 2 in the International Trade Ranking (Executive MBA) by QS 2024, Sloan’s program includes a unique emphasis on entrepreneurship and data-driven decision-making.

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Kofi Annan: Former Secretary-General of the United Nations
  • Carly Fiorina: Former CEO of Hewlett-Packard
  1. University of Chicago Booth School of Business (United States)

Chicago Booth, established in 1898, is known for its strong analytical approach with a curriculum that encourages critical thinking and data analysis. 

Ranked 14 in the international Trade Ranking (Masters and MBA) by QS 2024, Booth’s program is particularly suited for executives looking to enhance their strategic decision-making skills.

Notable Alumni

Some of the notable alumni at this university include the following.  

  • Satya Nadella: CEO of Microsoft
  • Jon Corzine: Former Governor of New Jersey
  1. IESE Business School (Spain)

IESE, established in 1958, has an executive MBA program recognised for its strong emphasis on ethics and social responsibility, preparing leaders to make a positive impact on society. 

Ranked 34 in the world for International Trade by QS 2024, IESE offers a holistic approach to leadership development.

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Antonio Brufau: Chairman of Repsol
  • Rafael del Pino: Executive Chairman of Ferrovial
  1. Saïd Business School, University of Oxford (United Kingdom)

Oxford’s Saïd Business School, established in 1996, combines the rich history of the university with a modern, forward-thinking executive MBA program. 

Ranked 21 in the world for International Trade by QS 2024, the program is particularly noted for its focus on global challenges and responsible leadership. 

Notable Alumni

Some of the notable alumni at this university include the following. 

  • James Timpson: CEO of Timpson
  • Linda Yueh: Economist, broadcaster, and author
  1. Columbia Business School (United States)

CBS was established in 1916 with an executive MBA program that offers a unique combination of theory and practicals, with a strong focus on finance and global business. 

Ranked 34 in the best universities by QS 2024, Columbia’s location in New York City provides access to the hub of global business. 

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Warren Buffett: CEO of Berkshire Hathaway
  • Henry Kravis: Co-founder of KKR
  1. UCLA Anderson School of Management (United States) 

UCLA Anderson, established in 1935, has an executive MBA program known for its focus on entrepreneurship and innovation.

Ranked 6 in the world for International Trade by QS 2024, the program also emphasises the importance of leadership in diverse and multicultural environments. 

Notable Alumni

Some of the notable alumni at this university include the following. 

  • Franklin D. Raines: Former CEO of Fannie Mae
  • Bill Gross: Co-founder of PIMCO

Thinking about the cost of living in each of these countries? Explore Leap’s expense calculator blogs tailored to your country. 

Specialisations in Executive MBA

Did you know that there are 300 EMBA programs available across nearly 40 countries? With such a wide array of options, it’s evident that the demand for specialised EMBA programs is on the rise. 

Below are some of the common specialisations available within the best executive MBA programs in the world. 

SpecialisationDetails
Healthcare ManagementManaging healthcare organisations.
FinanceAdvanced financial management skills.
MarketingStrategic marketing and branding techniques.
Operations ManagementOptimising business operations.
Human ResourcesManaging workforce and organisational culture.
Technology ManagementLeading tech-driven business initiatives.
International BusinessGlobal business strategies and practices.
EntrepreneurshipStarting and growing new ventures.

Admission Requirements for the Best Executive MBA in the World

The curriculum is sure intense yet energising in universities that have the best executive MBA in the world. But while you’re at it, there’s also time to connect with fellow leaders and draw inspiration. 

At INSEAD, everyone rallies at the cafeteria between 12 and 2 pm, creating a unique sense of community.  Want to be a part? Check out the requirements to join in on the fun at the best executive MBA programs in the world.  

Documents Required

When applying for an executive MBA program, it’s crucial to have all necessary documents in order. 

Below is a list of essential documents typically required during the application process.

DocumentDescription
Bachelor’s Degree CertificateProof of completion of an undergraduate degree
TranscriptsAcademic records from previous institutions attended
Work Experience CertificateDocumentation proving relevant professional experience
Resume/CVUpdated resume showcasing career history and achievements
Proof of IdentityGovernment-issued ID, such as a passport or driver’s licence
Passport-size Photographs2-3 recent 
Application Fee ReceiptProof of payment of the application fee

Eligibility Criteria 

To be eligible for an Executive MBA program, you would need to meet the following criteria. 

Eligibility CriteriaDescription
Work ExperienceMust have a minimum of 5-15 years
Leadership ExperienceDemonstrated leadership abilities, including managing teams or projects
International Experience (Preferred) Experience working in or with international markets. 
Educational BackgroundBachelor’s in any field with a minimum of 60-75% 
Application Form You must fill out and submit the application form. 
GMATGMAT Score: 600+ 
GREGRE Score: 320+
English ProficiencyIELTS Score: 7.5 to 8.5
TOEFL Score: 80 to 100 
Please Note: For the most accurate and up-to-date information, please refer to your official university website for exact requirements.

Also Read: Universities in the USA without GRE 2024: Courses & Requirements. 

Ready to score 7+ bands on your IELTS with Leap? Join our free IELTS Masterclasses now and start your journey to success.

Jobs After Studying Executive MBA

With enhanced skills in management, finance, and global business, you will be well-prepared to step into high-impact roles. 

Here’s a look at the top job opportunities available after earning an executive MBA. 

Job RoleAverage Monthly Salary in the USAverage Monthly Salary in the UK
Chief Executive Officer (CEO)INR 11L (USD 13.3K) INR 5.4L (GBP 5K)
Chief Financial Officer (CFO)INR 10.5L (USD 12.5K) INR 7.4L (GBP 6.9K )
Chief Operating Officer (COO)INR 9.5L (USD 11.3K) INR 6.4L (GBP 6K )
Senior Management ConsultantINR 8.7L (USD 10.4K ) INR 5.4L(GBP 5K )
Vice President of OperationsINR 11.2L (USD 13.4K)INR 6.4L (GBP 6K)

Also Read: How to Get a Job in the UK from India in 2024: Student Guide.

Top Recruiters 

Graduating from the best executive MBA programs in the world opens doors to opportunities with some of the world’s most prestigious companies.

These top recruiters are not just looking for employees but seek visionary leaders who can drive growth, innovation, and strategic change. 

Here are some of the global brands that actively recruit executive MBA graduates. 

  1. McKinsey & Company
  2. Boston Consulting Group (BCG)
  3. Goldman Sachs
  4. Deloitte
  5. Amazon
  6. Google
  7. J.P. Morgan
  8. Microsoft
  9. PwC
  10. Apple

Conclusion 

Imagine following in the footsteps of Elon Musk or Satya Nadella and creating something big. Or even just earning a salary of INR 11.2L (USD 13.4K) per month as a Vice President of Operations. Sounds great, right?

Studying at a university that provides you with the best executive MBA in the world is all you need. Now, if you’re stuck at any point in your journey, don’t worry. Connect with India’s top counsellors at Leap Scholar. 

Our counsellors are available through chat and video call support to guide you through each step of your application process. 

Frequently Asked Questions

  • Q. What is the best executive MBA in the world?

    Ans. The best executive MBA in the world is designed for seasoned professionals like you who want to enhance your leadership skills without pausing your career. Programs like those at Wharton, INSEAD, and London Business School are renowned globally for their focus on real-world application and leadership development.

  • Q. Which are the best executive MBA programs in the world?

    Ans. The best executive MBA programs in the world include top-ranked institutions like The Wharton School, INSEAD, and London Business School. These programs are specifically designed to provide a world-class education that fits your busy schedule, often with weekend or online formats.

  • Q. How do the top 10 executive MBA programs in the world differ from others?

    Ans. The top 10 executive MBA programs in the world stand out for their prestigious faculty, global networking opportunities, and tailored coursework. Programs at institutions like HEC Paris and MIT Sloan offer unique advantages, such as global experiences and specialised tracks that align with your career goals.

  • Q. What are the best full-time executive MBA programs in the world?

    Ans. The best full-time executive MBA programs in the world are offered by institutions like Wharton and London Business School. These programs typically last 12-24 months and are designed for executives who want an immersive learning experience while continuing their professional roles.

  • Q. Which are the best colleges for executive MBA in the world?

    Ans. The best colleges for executive MBA in the world include the Wharton School, INSEAD, and London Business School. These institutions offer top global executive MBA programs that are recognised for their excellence in leadership training and global business education.

  • Q. What is the average duration of the best executive MBA programs in the world?

    Ans. The best executive MBA in the world programs typically last between 12 to 24 months. This duration allows you to balance your work commitments while gaining advanced leadership and strategic management skills.

  • Q. Are there any best online executive MBA programs in the world?

    Ans. Yes, the best online executive MBA programs in the world are offered by institutions like UCLA Anderson School of Management. These programs provide the same high-quality education as full-time programs but with the added convenience of studying from anywhere in the world.

  • Q. What is the cost of the top global executive MBA programs?

    Ans. The cost of the top global executive MBA programs varies widely. For example:
    The program at The Wharton School costs around INR 1.7Cr (USD 208K)
    While the program at INSEAD costs approximately INR 1.3Cr (EUR 142K). 
    These fees reflect the premium quality and global exposure these programs offer.

  • Q. What are the admission requirements for the best executive MBA in the world programs?

    Ans. To get into the best executive MBA in the world programs, you typically need:
    5-15 years of work experience
    A strong leadership background
    High scores in exams like the GMAT 600+ or GRE 320+
    Additionally, proficiency in English, demonstrated through IELTS 7.5 to 8.5 or TOEFL 80 to 100, is often required.

  • Q. What career opportunities are available after completing the best executive MBA in the world?

    Ans. Graduating from the best executive MBA in the world programs can lead to high-impact roles such as CEO, CFO, or COO. For instance, as a CEO, you could earn an average monthly salary of INR 11L (USD 13.3K) in the US or INR 5.4L (GBP 5K) in the UK.

  • Q. What makes the best executive MBA programs in the world unique?

    Ans. The best executive MBA programs in the world are unique due to their focus on global leadership, real-world application, and elite faculty. They offer better networking opportunities and customised learning experiences that align with your specific career goals, making them the top choice for ambitious executives like you.

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