A multi-campus structure is a valuable networking and learning opportunity for executives seeking a degree in General Management. Unlike Chicago Booth Executive MBA program, TRIUM EMBA is jointly offered by London School of Economics, HEC Paris, and NYU Stern School of Business.
Let us compare the two programs on Class Profile, Curriculum, Locations and Schedules, Experiential Learning, Ranking, and Fees.
TRIUM Global Executive MBA program attracts older applicants with over 15 years of experience. Chicago Booth class size is four times larger with the students spread across three campuses. The nationalities represented in the class is also high (51) compared to 30 that TRIUM EMBA attracts.
The small class size in TRIUM Global Executive MBA builds a much stronger bond among the class compared to Booth where only 1/3rd of the schedule is allocated for the entire 240+ students to collaborate.
The average year of experience for the TRIUM EMBA class is 15 against 12 for Booth. Since a large part of the MBA experience depends on peer-to-peer learning, each year added to the average age of the class adds to the overall learning experience of the class.
Your ability and motivation determine the effectiveness of your networking. However, a 240+-class size is a definite advantage for Booth. The geographic spread and the vast alumni network associated with Chicago Booth provide executives the opportunity to attract the right talent for start-ups or within their own organization.
TRIUM leverages the alumni network of the three schools, increasing the reach of the Alumni, but brand loyalty is a factor that influences recruitment and opportunity sharing. Three-school collaboration in TRIUM would not attract the same loyalty as being part of a Chicago Booth Alma matter.
Effective Networking: Chicago Booth > TRIUM
Alumni Reach: TRIUM > Chicago Booth
Peer to Peer Learning: TRIUM > Chicago Booth
Chicago Booth Executive MBA program has structured the course into core courses and electives just as the school has done for their full-time MBA program with the core covering the foundation of management education – Finance, Marketing, Operations, Decision Making, People Management, Strategy, Macroeconomics, and Global Strategy & Economics.
Technology Disruption & Entrepreneurship, impact of geopolitics on an economy, and the role of a changing Asia in the Global marketplace are three unique modules included in TRIUM Global Executive MBA.
Although not neatly organized as a core, TRIUM EMBA also covers the foundational skills in Marketing, Leadership, and Strategy with a specific focus on Strategy and Finance for Global Executives, and Leadership Development.
Both Executive MBAs are General Management programs, but Chicago Booth allows candidates to choose electives with six themes: Capital Markets, Corporate Finance, Entrepreneurship, Marketing, Strategy, and Leadership Management.
Customizable: Chicago Booth > TRIUM
Breadth of Knowledge: Chicago Booth > TRIUM
Unique Courses: TRIUM > Chicago Booth
Asia Focus: TRIUM > Chicago Booth
LOCATIONS AND SCHEDULES
A large part of the TRIUM EMBA program is conducted in Paris, followed by London California, New York, and Shanghai. The five-location structure helps MBA candidate explore the unique strengths of each city.
The Hong Kong campus for the Chicago Booth Executive MBA is scheduled to include 15 weeks on the base with students joining other campuses for 4 weeks during the entire duration.
The most evenly balanced campus distribution is for the Chicago class (3 weeks equally distributed between Hong Kong and London) while London Campus includes a couple of extra weeks in Hong Kong, and utilizes Chicago only for the kick-off session and the graduating ceremony.
Time Spent Away from the Job: Chicago Booth Executive MBA > TRIUM
Diversity of Location: TRIUM > Chicago Booth Executive MBA
Experiential Learning at Chicago Booth is implemented through two courses covering Strategy and Entrepreneurship.
With Integrated Strategic Management, the candidates work on a simulation that requires them to make decisions on Finance, Pricing, Products, Channels, and Marketing.
The Entrepreneurship experience for the students comes through Global New Venture Challenge where they develop a Business plan and pitch it to peers and experts. Participants will learn to evaluate a Business idea, apply their knowledge acquired from the course, and customize their pitch according to the expert's feedback.
For TRIUM EMBA participants, the experiential learning is implemented through Capstone Projects with a focus on Entrepreneurship and Intrapreneurship that requires tuning their Consulting skills.
Like Chicago Booth, TRIUM EMBA students develop an idea from scratch, pitch it to experts, and finally have a fully fletched Business plan. 65% of the capstone projects have gone on to become Businesses.
Experiential Learning IMPACT: TRIUM > Chicago Booth
Experiential Learning Options: Chicago Booth > TRIUM
Comparing Chicago Booth and TRIUM on rankings is a little tricky as there are not many publications regularly updating their executive MBA rankings. With the most recent data, Chicago Booth has a slight edge over TRIUM since the program has been ranked by at least two renowned publications.
To make the process of evaluating ranking much more holistic, let us look at the Business School ranking/Full-time MBA ranking of the three schools (TRIUM) in popular publications, average them out, and compare it with Chicago Booth.
Although post-MBA salary is a big factor for Full-time MBA rankings, the school’s reputation among peers, alumni, and employers also influence the overall standing. In that regard, Chicago Booth has a clear advantage over TRIUM.
Rankings: Chicago Booth > TRIUM
The most cost effective option from the Chicago Booth Executive MBA program is the London campus with the cost running close to $150,000. This does not include the traveling costs to and from the campus but covers cost in meals, lodging and other expenses related to the course.
The tuition fees only cover the 2nd and the 5th module in California and Shanghai. A $30,000 on top of the $175,500, takes the total cost to over $200,000.
Chicago Booth Executive MBA program is $20,000 to $50,000 cheaper than TRIUM EMBA, primarily contributed by the five locations that the later covers.
Cost: TRIUM EMBA > Chicago Booth Executive MBA
In terms of global exposure, geopolitical context on decision-making, Asia focus, and courses designed for seasoned mid-level/senior-level Managers, TRIUM EMBA has a clear advantage with the five-city structure.
On reputation, Chicago Booth is a much stronger brand - a factor that might influence employer’s perception of the candidate.
For younger Managers, Chicago Booth offers a customizable curriculum with electives while covering a broad range of functional topics. This also means candidates would have to stay away from the job more than what TRIUM is required.
For older Executives/Managers, looking to transition into C-suite roles, TRIUM EMBA is more relevant for their career, but the brand value might not be strong as Chicago Booth. However, since most EMBA candidates look at the program for acquiring knowledge more than switching Employers or Industry, the program is ideal for Senior Managers seeking to climb the ultimate level in the corporate ladder.
Chicago Booth Executive MBA Program
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