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Executive Education Trends 2023

As you enter the new year, you know that the world has now moved beyond COVID-19 and its problems. Although it is not necessary to stay indoors all the time, COVID-19 has definitely left a lasting impact on everyone. This applies to executive education as well. To understand more about it, let us look at some executive education trends in 2023

What is executive education?

Executive education refers to educational programs designed to aid professionals who have a few years of work experience and are managers and leaders of a company and are looking to upskill themselves or stay relevant in the market. It is also beneficial for senior managers and leaders who are in the process of changing industries. Executive educational programs are certification programs and not degree programs.  

Read: What is Executive Education?

Executive education trends in 2023

Let us take a look at some executive education trends predicted for 2023. 

Application-based

As you know, executive education is often geared towards professionals and further ahead from the traditional educational system. Executive education has an application-based design to ensure that the teachings are imparted keeping in mind the applicability aspect of the curriculum. Most teachings are meant to be applicable in business and not merely theoretical or conceptual. An application-based curriculum has real-world applicability in the immediate and near future, and also apply to the more distant future. 

Modular courses

As the world was forced into a complete shutdown, the educational system was forced to go completely online. Now, post-pandemic, there has been a rise in hybrid learning. This is a combination of online and offline classes. This format combines in-person interaction with world-class faculty and subject matter experts with the vast knowledge available through online resources. This also helps the working professionals, who are the learners of this course, to be able to manage both work and learning. 

Innovation

With growing competition, innovation-based learning has become something that’s sought after. Businesses are always looking to innovate, be it in strategy or processing. In order to truly benefit from innovation, it is important to cultivate innovative thinking or a culture of innovation. Executive education focuses on developing an innovative culture and helps to understand how this will help managers in their own professional lives. Innovation is the first step toward true professional growth. 

Engagement

Professional education global trends include two kinds of engagement. One is that it encourages engagement among their learners. A course such as the UCLA Post Graduate Program in Management for Executives (UCLA PGPX) cultivates an alumni network on various online platforms for their learners to interact and help each other. On the other hand, there are different ways the programs ensure that they create engagement among their learners. It is important to have an educational structure that keeps learners engaged. Some of the ways of engagement are peer competition, point scoring, teamwork, and score tables, to capture learners’ interest and engage better with them.

Management and leadership skills

Corporate professionals often have to manage and lead various teams. Executive education has ensured that this is included in the program. In the present market, leaders have to change their management approach. There is a need for empathetic leaders and managers. This will ensure company loyalty among employees. 

Top 3 International executive programs

  • UCLA Post Graduate Program in Management for Executives (UCLA PGPX) from UCLA Anderson School of Management: It is a one-year program focuses on applied learning of advanced management concepts for senior executives and business owners. It is a program that will put you on the global leadership map, with a combination of strategies, skills, and acumen that will stretch your thinking, and hone your abilities as a leader and manager capable of achieving remarkable growth in your business.
  • Berkeley Executive Program in Management (Berkeley EPM): It is a program created to transform proven leaders into global executives ready to lead the change, enhance strategic thinking, and develop authentic leadership. The faculty at Berkeley leverages their business expertise and thought leadership to shape the practice of management and helps create tomorrow’s innovative leaders through this executive program. 

“Being at Berkeley EPM, I realized that this is the time to do something different, and so I decided to quit my corporate job and make my capstone project, Cleanomatics, my startup idea. My relationship with Berkeley was further enhanced when Cleanomatics got selected for the UC Berkeley SkyDeck Accelerator Program.”

                                                                                                                   – Abhra Banerjee
                                                                                   President and CEO – Cleanomatics

  • UCLA Post Graduate Program in Management for Professionals (UCLA PGP PRO): It is a comprehensive general management program for working professionals. The part-time and modular format of the program provides great flexibility and allows you to pursue the program alongside a full-time career. The UCLA faculty and industry leaders ensure that the program covers all aspects required of a management curriculum and also go beyond.

Summary

As you can see, executive education trends have changed drastically in its approach. And in this fast-changing world it is very important for leaders to stay up-to-date, this is where executive education plays a vital role.

Read: Executive Education Programs: What Happens Next?

FAQs

MBA is a degree aimed towards students who want to purse master’s while executive education is a certification course for people who have a certain years of working experience and are looking to move ahead on the ladder or upskill.

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