Executive master of business administration is a degree program similar to a master of business administration (MBA) program but specifically designed for corporate executives and senior managers already in the workforce. An executive MBA program referred to as an EMBA enables executives to earn the degree while continuing to hold their existing jobs. Typically, EMBA students are relatively senior in their fields and possess considerable work experience before entering the program. Students in EMBA programs come away with an enhanced skills base to advance their career prospects at their organizations, not to mention the credential of a master's degree and a new alumni network. Because most of these executives are also working while earning their EMBAs, they are better positioned to apply the management techniques, and best practices learned in the classroom to real-life situations than traditional MBAs in school full-time.