- Executive Education
Executive Education is the term used for programs at graduate-level
business schoolsthat aim to give classes for Chief Executives and other top managers or entrepreneurs. These programs do not usually end in a degree, although there is an ever-growing number of "Executive MBA" programs that are very similar and offer a Masters of Business Administrationupon completion of the coursework. Executive education programs are seen as a boon to both the school (as it usually comes with a hefty price tag in the form of tuition and fees) and the younger, traditional Masters of Business Administrationstudents. The alumni network of the business school is bolstered by the ranks of these high executives, who can help the younger MBAs with finding jobs.
Estimates by Business Week magazine suggest that executive education in the United States is approximately an $800 million per year business, roughly 80% of which is provided by universities (mostly business schools). The fastest growing segment of the market is so-called "customized" programs, which are tailored for and offered to executives of a single company (as opposed to "open enrollment" programs).
History of Executive Education
Executive education programs are in a way the descendants of the
MBA, which was developed in the U.S. in the early 20th century as a way to strengthen the management skills of senior executives. [ [http://edition.cnn.com/2005/BUSINESS/08/15/execed.defined/index.html/ CNN] ] The concept spread rapidly and globally, and companies soon recognized the advantages of educating their workforce. Their desire to do so without losing an employee to a classroom for two years gave birth to a variety of more flexible programs, from part-time studies to online degrees.
Executive education developed in the 1980s and 1990s, as the increasing pace and scope of global business demanded higher levels of education among employees. The
dot-com boomfurther changed the scope of the U.S. business landscape by favoring employees and organizations who were quick to adapt and capable of change. As longstanding business concepts became obsolete, continual training was necessary--but earning a degree was not.
Today, the participation of the most prestigious universities around the world has lent credibility to executive education, unlike other non-degree/certificate programs that may or may not be recognized as valuable. The dot-com influence may be diminished, but the emphasis on learning new concepts throughout one's career has continued, and made executive education extremely popular in the U.S. (
Duke University, for example, reports 25% annual growth for its Corporate Education programs.) [ [http://edition.cnn.com/2005/BUSINESS/08/15/execed.defined/index.html/ CNN] ]
Executive Education Centers
Federal Executive Institute
Helsinki School of Economics
John F. Kennedy School of Government
Darden Schoolof Executive Education
Sloan School of Management
The Wharton School- Aresty Institute of Executive Education
Stockholm School of Economics- Executive MBA at SSE
* List of business schools per country
Notes and References
* [http://www.imats.com/index.php Searchable Executive Education Directory]
* [http://www.executive-education.net Independent Executive Education Directories]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Executive development — is the whole of activities aimed at developing the skills and competencies of those that (will) have executive positions in organisations. While executive and manager and leader are often used interchangeably, executive is commonly used to… … Wikipedia
Education in Singapore — Ministry of Education Minister Heng Swee Keat National education budget (2006) Budget S$6.966 billion General Details Primary Languages … Wikipedia
Education and Lifelong Learning Directorates — The Education and Lifelong Learning Directorates are a group of the civil service directorates in the Scottish Government. The Directorates are entitled Children, Young People and Social Care; Schools; and Lifelong Learning. They are responsible… … Wikipedia
Education in the United States — of America U.S. Department of Education Secretary Deputy Secretary Arne Duncan Anthony Miller … Wikipedia
Executive Juris Doctor (degree) — Executive Juris Doctor (J.D., Latin for Teacher of Law) is a law degree. [cite web|url=http://www.techweb.com/showPressRelease.jhtml?articleID=X482753 CompanyId=3|title=TechWeb: The Business Technology Network|publisher=www.techweb.com|accessdate … Wikipedia
Executive Office of the President of the United States — Executive Office of the President Agency overview Formed 1939 Headquarters … Wikipedia
Education Not for Sale — (ENS) is a left wing student campaign in the United Kingdom. The name originally derives from the European Education Not for Sale network and was first used by socialist and other radical activists at the National Union of Students of the United… … Wikipedia
Executive Secretary (Philippines) — Executive Secretary Incumbent Paquito Ochoa, Jr. since June 30, 2010 … Wikipedia
Education in Uruguay — Education is compulsory for a total of nine years, beginning at the primary level, and is free from the pre primary through the university level. [http://www.dol.gov/ilab/media/reports/iclp/tda2001/uruguay.htm Uruguay ] . Findings on the Worst… … Wikipedia
Education in Nepal — Education in Nepal1 Ministry of Education Minister of Education Ram Chandra Kushwaha National education budget (2006) Budget $98.64 million General Details Primary Languages Nepalese … Wikipedia