Recently, BloombergBusinessweek ranked Executive MBA programs, and some of the EMBA students’ comments were recapped in an article on the Poets & Quants for Executive web site.
A common disappointment expressed by many EMBA students was a lack of
career management support from their programs. For example, some
students were unhappy that their schools did not bring employers
on-campus to interview EMBA students in a similar process to what these
schools do for their full-time MBA students.
Based on my
experience (I have been an administrator and teacher in Executive MBA
programs for 18 years at five business schools in three countries), I
believe there are five ways that anyone considering joining an EMBA
program (or current EMBA students) can avoid disappointment with the
career support provided by the program.
No. 1: Match Your Career Goals to the MBA Program
Are
you a “career switcher” or someone interested in the advancement of
your current career? Career switching is not simply looking for a new
job - it’s about a whole new career path. Career switching is never
easy. Moreover, the farther you are into your career the more difficult
it is to switch careers.
If your goal is to switch career paths
then you may be better off in a full-time MBA program rather than an
EMBA. Full-time MBA programs typically include the opportunity for
elective courses that allow students to study the field into which
they’re hoping to switch. EMBA programs, in contrast, have relatively
few elective courses as they’re intended for experienced managers who
want a general management MBA experience. That makes sense for anyone
hoping to remain in their industry but move into a more senior role.
A
classic example of a career switcher is someone who finished an
engineering undergraduate degree 3-5 years ago and joins a full-time MBA
program in order to get a job on Wall Street. The good news is that
full-time MBA programs are well suited for career switchers. The
engineer in this example could probably enroll in 6-10 finance courses
in his or her full-time MBA program. The companies attracted to business
schools for recruiting don’t come looking for candidates who already
possess deep and extensive expertise in their industries. Instead,
recruiters are typically interested in people with the right training
(both MBA and pre-MBA) and the potential to be successful: engineers do
well on Wall Street thanks to their comfort with quantitative models.
No. 2: Understand Hiring Practices
As
mentioned above, employers do not come to university campuses looking
for experienced managers and professionals to fill senior positions that
require extensive industry experience. Instead, they come looking for
large pools of similarly qualified candidates who are early in their
careers to fill entry-level roles in management.
Read just about
any description of the average amount of work experience that full-time
MBA students bring into their studies and you will see that number falls
in the 3-5 year range (e.g, US News).
That translates to an average age of students at the start of full-time
MBA studies of 26-28 years. This is no accident: these demographics are
entirely a function of the profile of the candidates that on-campus
recruiters find ideal.
On average, students in Executive MBA
programs have racked-up about 10 more years of organizational experience
than their counterparts in full-time MBA programs. This leaves EMBA
students over-qualified and ill suited for the kinds of positions that
on-campus recruiters want to fill. The “want-to-be” career switchers in
EMBA programs usually respond to this observation by saying they are
willing to take a step backwards in seniority and salary in order to
compete for these jobs. As sincere as anyone making such a claim may be,
it is wishful thinking to believe that employers will expect an
over-qualified employee to be as happy and productive as one better
suited for an entry-level role.
Employers looking for experienced
hires look first within their industries. For these roles, it is the
previous experience that is of primary importance. Once a short-list of
candidates with the right experience is assembled, those who have also
earned an MBA will likely stand out. For example, it’s more efficient
for an insurance company looking to fill a position that requires 10-15
years of industry experience and an MBA to look within the insurance
industry for ideal candidates rather than start looking through EMBA
program rosters for the students with insurance industry experience.
Of
course, EMBA students know this already. In conversations with EMBA
students over the years, I have asked how often they have hired
over-qualified candidates for a job or why their employers have chosen
executive search firms to help fill senior roles rather than on-campus
recruiting in EMBA programs. The same observations about fit and
efficiency that I have mentioned above come out of their mouths too.
That’s why I call hoping for different hiring practices wishful
thinking.
No. 3: Do Your Homework
EMBA
students have the right to be disappointed in program career support if
they are not provided what they were promised. Research the program’s
track record in delivering what it promises and understand what is not
included in career support before you enroll.
EMBA students who
are disappointed about a lack of on-campus recruiting targeted to their
programs may not have done their homework. Anyone looking at an EMBA
program as a vehicle for career switching need only ask program staff to
find out about career support and on-campus recruiting. The
observations I shared above regarding hiring practices and on-campus
recruiting are not dirty little secrets: EMBA programs are keen to share
these observations in order to manage expectations.
Several of
the comments reported by BloombergBusinessweek from EMBA students
specifically address the lack of on-campus recruiting for EMBA students.
I’m willing to bet that the programs being criticized for this would be
happy to tell any applicant that on-campus recruiting is not part (or,
at best, a limited part) of EMBA career support because employers do not
regularly use this channel for experienced hires.
No. 4: Use the Services You are Provided
Some
years ago, while I was the director of an EMBA program, we often
observed a strange outcome when we polled the EMBA students about career
support services: a greater percentage of students expressed some
disappointment with these services than had actually used them. In other
words, there were students who had never contacted the career support
staff who were nonetheless disappointed with career support services.
Good
business schools hire smart and enthusiastic career support staff who
are dedicated to helping EMBA students be successful. Don’t let their
skills and resources go unused or even underutilized. Everything from
help with résumé writing, developing interview skills, and understanding
how to use your networks for career opportunities are available in good
EMBA programs. Take advantage of the resources you have and you’ll be
better informed to provide feedback to EMBA programs on opportunities
for enhancing these services.
No. 5: Accept that You Own Your Career
No one but you is responsible for your achievement of your career goals.
Owning
you own career means understanding where you want to go and what’s
required to get there. The new skills you learn in EMBA classes and the
resources you can access in EMBA programs outside of class are tools
that support your career advancement efforts. The EMBA experience is not
a “magic bullet” that will create the career results your looking for
without that work.
EMBA career support services are just that:
support services. They are intended to support your efforts to achieve
your goals. Of course, that doesn’t mean that every EMBA program has all
of the career support services right or has delivered what it promised.
Good EMBA programs will continue to seek feedback from EMBA students to
improve. As an EMBA applicant or student, if you follow the advice in
these five observations you’ll improve the chances that you will be able
to identify and utilize the resources you need to achieve your career
goals.
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