An executive MBA program, also known as EMBA, is designed for working professionals who are further along in their careers and want to earn a management degree while working full-time. These are not to be confused with online MBAs, as EMBA classes meet on a part-time basis, like weekend classes. EMBAs require the same admission standards, follow the same rigorous curriculum, and confer students with the same MBA degree as full-time MBA students. However, most EMBA programs require a minimum amount of work experience (some colleges require only 5 years, while others need at least 12) and are more expensive than regular MBA programs.