You’re probably here because you came across executive courses online and want to see if it is worth investing your time and money. Or, you might have heard of individuals taking executive education programs. Whatever the case may be, it may leave anyone wondering what executive education is in the first place.
Let’s take a look at what it is, who it’s best for, and the benefits it offers.
What is Executive Education?
This refers to academic programs designed for working professionals, usually offered by universities and business schools, among other academic institutions targeting business leaders, executives, and functional managers around the world.
This is a unique program because they are non-credit and non-degree-granting. Instead, they are certificate-granting, with some programs granting continuing education units.
The purpose of executive education is to empower individuals who would like to upgrade their knowledge, aim higher in their career, learn new skills, switch industries, and the like.
Who is Executive Education for?
Executive education programs are typically for working professionals who have a few years of experience or more. There is no geographical restriction and anyone around the world can take these programs.
They can highly benefit the following individuals:
- Executives with a few years of experience may take executive education courses to gain an edge in the workplace. This is to help with the opportunity of getting promoted, taking on a new job, or enhancing their current skills.
- Entrepreneurs may take such programs to better understand how to manage and expand businesses, compete in the market, and more.
- Senior executives, managers, and mid-level employees will benefit from these programs as they can help them move into C-level positions. It can also be helpful if the plan is to change companies or industries. Others do it for networking and added exposure.
- C-suite and senior executives may take these programs to update their knowledge of their current skills and best practices of global businesses. They may also do it for networking opportunities.
- Companies may sponsor their employees to attend executive education programs or organize such training at the company to empower them.
Why Take Executive Education Courses?
Depending on where an individual is in his/her professional journey, executive education programs can help participants achieve various things.
There are numerous reasons why working professionals would do these programs, and it’s usually at least one or a combination of these aspects:
- To upgrade and update their knowledge to gain an edge in their career
- Upskill to apply for a promotion or new job
- Move into more senior roles
- Become more adept in their current job position
- Gain industry knowledge if they plan to switch industries
- Gain global knowledge and expertise
- Start a business
- Expand opportunities and explore new ones for the company
- Improve business acumen and strategy
- Improve leadership skills and abilities
Wrapping It Up
If you believe executive education is a good stepping stone for your career, then this is the sign for you to take the appropriate courses now.