{"id":246226,"date":"2024-07-22T12:02:49","date_gmt":"2024-07-22T12:02:49","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/22\/northwestern-columbia-and-upenn-have-the-best-emba-programs-in-the-country-heres-why\/"},"modified":"2025-06-25T17:14:15","modified_gmt":"2025-06-25T17:14:15","slug":"northwestern-columbia-and-upenn-have-the-best-emba-programs-in-the-country-heres-why","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/22\/northwestern-columbia-and-upenn-have-the-best-emba-programs-in-the-country-heres-why\/","title":{"rendered":"Northwestern, Columbia, and UPenn have the best EMBA programs in the country. Here&#8217;s why"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/07\/Northwestern-University-Kellogg-best-EMBA-GettyImages-1755617742-e1721407278971.jpg?w=2048\" \/><\/p>\n<p>Fortune\u2019s ranking of the <a href=\"https:\/\/fortune.com\/education\/business\/best-executive-mba-programs\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/business\/best-executive-mba-programs\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">best executive MBA programs<\/a> was released this week\u2014and the top programs received a slight shake up. This year, Northwestern University\u2019s Kellogg School of Management was deemed the No. 1 best executive program, with Columbia University and the University of Pennsylvania (Wharton) right behind.\u00a0<\/p>\n<div>\n<p>An <a href=\"https:\/\/fortune.com\/education\/articles\/understanding-the-basics-of-an-executive-mba\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/articles\/understanding-the-basics-of-an-executive-mba\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">executive MBA<\/a> is designed for those with extensive work experience who are looking to advance their career to the next level\u2014whether that is within their existing company or somewhere new. The more experienced cohorts allow for more advanced discussions of some of the biggest challenges facing the business world.<\/p>\n<div class=\"sc-d93283cd-0 FBoga product-card-wrapper \">\n<p>ADVERTISEMENT<\/p>\n<div class=\"sc-d93283cd-1 fwrvYl content-wrapper\">\n<div class=\"sc-d93283cd-5 dIwqDp content\">\n<h4 class=\"sc-f975971a-0 sc-d93283cd-6 grPclz cEdUHa card-title has-subtitle\"><a href=\"https:\/\/online-shortcourses.som.yale.edu\/presentations\/lp\/yale-som-execed-accelerated-management-program-online\/?utm_campaign=fortune_listing_yalemmb&amp;utm_medium=fortune&amp;utm_source=strategic_partnership&amp;lsrc=fortunecplsite&amp;l=articles&amp;c=instream&amp;utm_content=instream&amp;ef_id=3751799\" target=\"_blank\" class=\"sc-82aca549-0 klXAci styled-custom-link\" rel=\"noopener noreferrer\" aria-label=\"Go to Yale - Accelerated Management page\">Yale &#8211; Accelerated Management<\/a><\/h4>\n<p><span class=\"sc-d93283cd-7 cmFDSO is-advertisement has-description\"> <!-- -->Accelerated Management Program: 8 weeks, online from Yale SOM Exec Ed<!-- --> <\/span><\/p>\n<section class=\"sc-d93283cd-9 fQgkUo\"\/><span class=\"button-mobile-wrapper\"><a href=\"https:\/\/online-shortcourses.som.yale.edu\/presentations\/lp\/yale-som-execed-accelerated-management-program-online\/?utm_campaign=fortune_listing_yalemmb&amp;utm_medium=fortune&amp;utm_source=strategic_partnership&amp;lsrc=fortunecplsite&amp;l=articles&amp;c=instream&amp;utm_content=instream&amp;ef_id=3751799\" target=\"_blank\" class=\"sc-82aca549-0 bgVtlY sc-d93283cd-19 dzudW button-mobile styled-custom-link\" rel=\"noopener\">Visit Website<\/a><\/span><\/div>\n<section class=\"sc-d93283cd-10 fSSKDA bottom-section\">\n<p>Explore fundamental management topics such as decision-making using quantitative models, developing a competitive strategy and leveraging social networks, with industry insights from Yale SOM faculty.<\/p>\n<\/section>\n<\/div>\n<\/div>\n<p>Todd O\u2019Toole, associate dean for executive programs at the <a href=\"https:\/\/fortune.com\/education\/business\/northwestern-university-kellogg\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/business\/northwestern-university-kellogg\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">Kellogg School of Management<\/a>, says his school is ranked the best time and again in part due to their commitment to continuously improving their program to produce leaders of today and tomorrow. He pointed toward new <a href=\"https:\/\/fortune.com\/education\/articles\/free-ai-classes-you-can-take-online\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/articles\/free-ai-classes-you-can-take-online\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">AI-focused electives<\/a> as an example.<\/p>\n<p>\u201cThere are a lot of places that someone can go for their executive MBA degree, (but) you are not going to find a place that is stronger in every dimension than Kellogg, nor more committed to staying and becoming continuously stronger in every dimension than Kellogg,\u201d O\u2019Toole adds.<\/p>\n<p><a href=\"https:\/\/fortune.com\/education\/business\/university-of-pennsylvania-wharton\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/business\/university-of-pennsylvania-wharton\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">The Wharton School<\/a> highlighted their program\u2019s commitment to attracting diverse and talented students across their three campuses\u2014in Philadelphia, San Francisco and Global, as shared by Mauro Guillen, vice dean of MBA programs for executives at the school.\u00a0<\/p>\n<h3 class=\"wp-block-heading\">The 5 best executive MBA programs<\/h3>\n<div class=\"sc-1af7ed80-0 chKAec\">\n<table class=\"sc-1af7ed80-1 sc-1af7ed80-2 gwufgt jWepIN\">\n<thead>\n<tr>\n<th scope=\"col\">School<\/th>\n<th scope=\"col\">2021 rank<\/th>\n<th scope=\"col\">2022-23 rank<\/th>\n<th scope=\"col\">2024 rank<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th scope=\"row\">Northwestern University (Kellogg)<\/th>\n<td>1<\/td>\n<td>6<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">1<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Columbia Business School<\/th>\n<td>6<\/td>\n<td>18<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">2<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">University of Pennsylvania (Wharton)<\/th>\n<td>4<\/td>\n<td>4<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">3<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">University of Michigan (Ross)<\/th>\n<td>8<\/td>\n<td>5<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">4<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">University of Chicago (Booth)<\/th>\n<td>5<\/td>\n<td>2<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">5<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"sc-1af7ed80-1 sc-1af7ed80-3 gwufgt eDdcHu\">\n<thead>\n<tr>\n<th colspan=\"4\">The 5 best executive MBA programs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th>Northwestern University (Kellogg)<\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<\/tr>\n<tr>\n<td>1<\/td>\n<\/tr>\n<tr>\n<th>Columbia Business School<\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>6<\/td>\n<\/tr>\n<tr>\n<td>18<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<\/tr>\n<tr>\n<th>University of Pennsylvania (Wharton)<\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>4<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<\/tr>\n<tr>\n<th>University of Michigan (Ross)<\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>8<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<\/tr>\n<tr>\n<th>University of Chicago (Booth)<\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>5<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2 class=\"wp-block-heading\">What makes the best executive MBA programs the best?<\/h2>\n<p>Fortune used 11 different metrics to create its executive MBA ranking (read more about it on our <a href=\"https:\/\/fortune.com\/education\/articles\/executive-mba-ranking-methodology\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/articles\/executive-mba-ranking-methodology\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">executive MBA methodology page<\/a>), but the top programs consistently have rigorous curriculum and a track record of success. Northwestern, Columbia, UPenn, UMichigan, and UChicago have a history of <a href=\"https:\/\/fortune.com\/education\/articles\/fortune-1000-executives-mba-alma-mater\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/articles\/fortune-1000-executives-mba-alma-mater\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">producing Fortune 1000 c-suite executives<\/a> and global leaders. For example, the current mayor of Phoenix\u2014the fifth largest city in the country\u2014is an alum of Wharton\u2019s executive MBA program.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-datawrapper wp-block-embed-datawrapper\">\n<p><iframe class=\"\" aria-label=\"Map\" id=\"datawrapper-chart-8z0mt\" frameborder=\"0\" height=\"505\" loading=\"lazy\" scrolling=\"no\" src=\"https:\/\/datawrapper.dwcdn.net\/8z0mt\/1\/\" style=\"border:none\" title=\"Top-ranked executive MBA programs across the U.S.\" width=\"100%\"><\/iframe><\/p>\n<\/figure>\n<p>Guillen says Wharton\u2019s MBA program for executives equips students with analytical, decision, and leadership tools to further their careers in senior managerial positions or entrepreneurial endeavors.\u00a0<\/p>\n<p>\u201cWe offer unparalleled depth when it comes to learning about finance, marketing, operations, people skills, or data analytics, for example. And every graduate learns how to use these skills strategically, and with a view to assuming ever-greater leadership responsibilities within their organizations. We prepare leaders to be systematic and creative in their thinking,\u201d he tells <em>Fortune<\/em>.<\/p>\n<p>Outside of the data used to create the ranking, some interesting findings were discovered. For example, about 65% of all executive MBA students are male, whereas about 34% are female, and about one-third of students are of color.\u00a0<\/p>\n<p>The average class size of core executive MBA classes is 34 students. But, if you enroll at the No. 1 program\u2014Northwestern\u2014the average class size is nearly double, at about 60 students, according to data provided by the school.<\/p>\n<p>O&#8217;Toole says because students all over the world see the differentiating characteristics of Kellogg, it creases a very high demand for their program.<\/p>\n<p>Pursuing an executive MBA also is not cheap. The average approximate cost of a program is $114,000, and many programs, especially those at top-ranked programs, can be over $200,000. However, there are also many decently-ranked programs that cost half the average, with tuition closer to $50,000.<\/p>\n<h3 class=\"wp-block-heading\">The 5 cheapest executive MBA programs<\/h3>\n<div class=\"sc-1af7ed80-0 chKAec\">\n<table class=\"sc-1af7ed80-1 sc-1af7ed80-2 gwufgt jWepIN\">\n<thead>\n<tr>\n<th scope=\"col\">School<\/th>\n<th scope=\"col\">2024 rank<\/th>\n<th scope=\"col\">Total approximate cost<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th scope=\"row\"><strong>Florida Atlantic University<\/strong><\/th>\n<td>39<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">$41,495<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>University of South Florida (Muma)<\/strong><\/th>\n<td>10<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">$47,500<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Brigham Young University<\/strong><\/th>\n<td>24<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">$54,608<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>Boise State University<\/strong><\/th>\n<td>13<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">$54,900<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\"><strong>University of North Carolina\u2013Wilmington (Cameron)<\/strong><\/th>\n<td>53<\/td>\n<td><span class=\"sc-1af7ed80-4 lkmmTZ last-cell\">$57,149<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"sc-1af7ed80-1 sc-1af7ed80-3 gwufgt eDdcHB\">\n<thead>\n<tr>\n<th colspan=\"3\">The 5 cheapest executive MBA programs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th><strong>Florida Atlantic University<\/strong><\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>39<\/td>\n<\/tr>\n<tr>\n<td>$41,495<\/td>\n<\/tr>\n<tr>\n<th><strong>University of South Florida (Muma)<\/strong><\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>10<\/td>\n<\/tr>\n<tr>\n<td>$47,500<\/td>\n<\/tr>\n<tr>\n<th><strong>Brigham Young University<\/strong><\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>24<\/td>\n<\/tr>\n<tr>\n<td>$54,608<\/td>\n<\/tr>\n<tr>\n<th><strong>Boise State University<\/strong><\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>13<\/td>\n<\/tr>\n<tr>\n<td>$54,900<\/td>\n<\/tr>\n<tr>\n<th><strong>University of North Carolina\u2013Wilmington (Cameron)<\/strong><\/th>\n<th><span class=\"sc-1af7ed80-4 bcSuCU last-cell\"\/><\/th>\n<\/tr>\n<tr>\n<td>53<\/td>\n<\/tr>\n<tr>\n<td>$57,149<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Luckily, executive MBAs are designed for working professionals\u2014meaning students oftentimes do not have to forgo their typical salary. Furthermore, many are often able to apply the skills they learned as soon as the next day, increasing their chances of career advancement.\u00a0\u00a0<\/p>\n<p>Guillen adds that nearly half of Wharton EMBA students get promoted or switch careers within a few months of graduating; one in ten, he says, pursue entrepreneurship.\u00a0<\/p>\n<p>\u201cThese effects happen quite fast, and they last a lifetime,\u201d Guillen says.<\/p>\n<h2 class=\"wp-block-heading\">Ranking changes<\/h2>\n<p>Fortune amended its ranking metrics this year to include many more factors, including tuition, graduation rate, and search engine search volume, so there was some dramatic ranking movement.<\/p>\n<p>Of those who participated last time, Xavier University, University of South Florida (Muma), and the University of North Carolina\u2013Chapel Hill (Kenan-Flagler) saw the largest jumps, with increases of 32, 19, and 17 spots respectively. Columbia Business School also saw a significant jump\u2014rising from No. 18 to No. 2<\/p>\n<p>University of California\u2013Irvine (Merage), Yale University, and Case Western Reserve University (Weatherhead) were among the biggest droppers in rank, going down 23, 19, and 18 spots, respectively.<\/p>\n<p>Overall, though, ranking may play just a small part in determining if an <a href=\"https:\/\/fortune.com\/education\/articles\/is-an-executive-mba-worth-it\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/articles\/is-an-executive-mba-worth-it\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">executive MBA is worth it<\/a>. For those who are further in their career and looking to become a trusted business leader, pursuing the degree has historically led to significant <a href=\"https:\/\/fortune.com\/education\/articles\/executive-mba-vs-traditional-mba-how-careers-and-pay-prospects-stack-up\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/education\/articles\/executive-mba-vs-traditional-mba-how-careers-and-pay-prospects-stack-up\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">return on investment<\/a>.<\/p>\n<hr class=\"sc-fa0656e5-0 gIAhfJ\"\/>\n<p><em>See how the schools you\u2019re considering fared in\u00a0<\/em>Fortune\u2019<em>s rankings of\u00a0the best\u00a0<a href=\"https:\/\/fortune.com\/education\/business\/mba\/rankings\/best-executive-mba-programs-in-2021\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/education\/business\/mba\/rankings\/best-executive-mba-programs-in-2021\/\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">executive,<\/a><a href=\"https:\/\/fortune.com\/education\/business\/mba\/rankings\/best-mba-programs\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/education\/business\/mba\/rankings\/best-mba-programs\/\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">\u00a0full-time,<\/a>\u00a0and\u00a0<a href=\"https:\/\/fortune.com\/education\/business\/mba\/rankings\/best-online-mba-programs\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/education\/business\/mba\/rankings\/best-online-mba-programs\/\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">online<\/a>\u00a0MBA programs.<\/em><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/education\/articles\/best-exec-mba-programs-news\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Fortune\u2019s ranking of the best executive MBA programs was released this week\u2014and the top programs received a slight shake up. This year, Northwestern University\u2019s<\/p>\n","protected":false},"author":1,"featured_media":246227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/246226"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=246226"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/246226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/246227"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=246226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=246226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=246226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}