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Fast facts on business learning

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Demand for MBA and EMBA courses in Asia is strongest from China, India and South Korea.

FACT BOX

FT's Executive MBA Rankings
1. Wharton, U.S.
2. Kellogg, U.S.
3. Chicago GSB, U.S.
4. Stern, NY, U.S.
5. Fuqua, Duke, U.S.
6. Hong Kong UST, China
7. Columbia, U.S.
8. Instituto de Empresa, Spain
9. London Business School, UK
10. Tanaka, Imperial College, UK
Source: Financial Times 2005

FACT BOX

EMBA SNAPSHOT

Executives taking the top EMBA courses in the U.S., Europe and Asia have average salaries of around $130,000 to $200,000.

A typical EMBA student is likely to be aged in the early 30s, with 6-10 years of working experience.

A top EMBA course can cost $100,000. Customized courses start at a few thousand dollars.

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(CNN) -- Some fast facts about executive education programs:

  • The U.S.-based EMBA Council lists about 250 EMBA programs on its Web site, drawn from about 180 leading institutions around the world.
  • There are thousands of other executive education courses on offer.
  • A top EMBA course from a leading provider can cost $100,000 and in some cases is more expensive than a fulltime MBA course.
  • EMBA courses are among the fastest-growing sectors of the education economy.
  • A typical EMBA student in the United States is likely to be in the early 30s, with six to 10 years of working experience.
  • Executives taking the top EMBA courses in the United States have salaries of around $180,000 to $200,000. For Europe the figure is around $130,000-$160,000.
  • Customized executive education programs are on the rise. Duke University's corporate education arm reports growth of 25 percent a year for custom courses.
  • Open and custom courses can run anywhere from two days to many weeks or months.
  • There is still strong demand for traditional MBA courses. One index reports demand for MBA graduates in the United States rose by 15 percent in 2004.
  • There are now 2600 MBA courses offered by about 1400 universities across 125 countries. A number of organizations offer online MBA courses.
  • The Graduate Management Admission Council, which runs the GMAT admission test for U.S. institutions, says the number of tests worldwide in the year to June 2005 was 100,864. Of these, 68,519 were in the United States and 32,345 tests were taken elsewhere.
  • It says GMAT registration in Asia is being driven by increased activity in China, India and Korea.
  • The average GMAT score for the top U.S. MBA programs is above 700.
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