Executive Master of Business Administration [E.M.B.A]
Field of Study:
$40,770 /Yr
Pace University’s Executive Master of Business Administration (EMBA) is a professional graduate degree spanning 20 months in a blended format combining classroom and online learning. The program costs USD 78,000 (INR 74.26 Lakhs) and requires a bachelor’s degree with a minimum 3.0 GPA. Intakes occur in the fall and spring. The curriculum is designed for working professionals seeking to accelerate career advancement through executive leadership training.
The EMBA at Pace’s Lubin School of Business stands out for its practical, applied approach to business challenges. Students work on projects for real companies, solving strategic problems while balancing full-time employment. The program emphasizes global perspectives and real-world problem-solving rather than traditional case studies. Ideal candidates are mid-career professionals with 5+ years of work experience seeking a structured MBA in under two years without leaving their jobs.
- Blended format: attend classroom sessions while working full-time with flexible online components.A
- 20-month accelerated duration keeps career momentum while advancing management credentials.
- Strong NYC location provides access to major financial services, consulting, and corporate headquarters.
For more information, check out Pace University
Current Admission Status
Applications for the Fall 2026 intake are Open. International student deadline: 15 February 2027.
Indian applicants should initiate WES credential evaluation 4-6 weeks before application submission to allow transcripts to reach Pace’s admissions office on time.
Pace University Executive MBA Fees and Living Costs 2026
The total program investment for Pace’s EMBA is USD 78,000 (INR 74.26 Lakhs), covering tuition for all 20 months. This translates to approximately USD 3,900 per month. No additional per-credit-hour charges apply after this fixed total is paid.
| Cost Component | USD | INR |
|---|---|---|
| Total Tuition (20 months) | 78,000 | 74.26 Lakhs |
| Health Insurance (annual) | 2,361 | 2.25 Lakhs |
| Books and Supplies | 1,000 | 95,180 |
| Personal Expenses | 1,850 | 1.76 Lakhs |
All INR conversions in the article use a conversion rate of USD 1 = INR 95.18 as of June 2026. Rates fluctuate daily, verify before applying.
- Tuition is fixed at USD 78,000 regardless of enrollment timeline or course load variation.
- Health insurance is mandatory for all international students and costs approximately USD 2,361 annually.
- Books and materials average USD 1,000 for the entire 20-month program.
- Personal expenses include clothing, entertainment, and miscellaneous costs estimated at USD 1,850 over the program duration.
Cost of Living in New York City for EMBA Students
| Expense Category | Monthly Range (USD) | Monthly Range (INR) | 20-Month Total (USD) | 20-Month Total (INR) |
|---|---|---|---|---|
| Housing (Shared Apartment) | 1,200–1,600 | 1.14–1.52 Lakhs | 24,000–32,000 | 22.84–30.45 Lakhs |
| Food | 400–600 | 38,072–57,108 | 8,000–12,000 | 7.61–11.42 Lakhs |
| Transportation (MTA Pass) | 130 | 12,373 | 2,600 | 2.47 Lakhs |
| Utilities and Internet | 100–150 | 9,518–14,277 | 2,000–3,000 | 1.90–2.86 Lakhs |
| Total Monthly Range | 1,830–2,450 | 1.74–2.33 Lakhs | 36,600–49,000 | 3.48–4.67 Lakhs |
Cost Reality for Indian Students: A 20-month EMBA in NYC totals approximately USD 114,600–126,000 (INR 1.09–1.20 Crore), including tuition, health insurance, living costs, and incidentals. This investment is steeper than executive programs in India but aligns with brand value and post-graduation ROI through salary increases and leadership positioning.
Also check, Cost of Living in the USA for International Students
Pace University Executive MBA Admission 2026
Pace’s EMBA admits candidates without standardized test scores. A completed bachelor’s degree from an accredited institution and a 3.0 cumulative undergraduate GPA are the academic minimums. Work experience of 5 or more years is strongly preferred but not strictly required.
| Academic Requirement | Minimum / Expected |
|---|---|
| Bachelor’s Degree | Required from accredited institution (any field) |
| Cumulative Undergraduate GPA | 3.0 or higher |
| Work Experience | 5+ years preferred (not mandatory) |
| GMAT / GRE | Not required |
| Application Fee | None |
- No bachelor’s degree in a specific field is required; engineering, liberal arts, nursing, and humanities graduates are equally considered.
- Applicants with a 2.9 GPA may still be reviewed if other credentials (work achievements, leadership) are compelling.
- GMAT waivers are automatic; no exam is required or requested for EMBA admission.
English Language Proficiency for International Students
Pace requires proof of English proficiency from all international applicants whose primary language is not English. Accepted tests and minimum scores are listed below.
| Test | Overall Minimum | Component Minimums (if applicable) |
|---|---|---|
| TOEFL iBT | 79 | Reading 18, Writing 18, Speaking 18, Listening 18 |
| IELTS | 6.5 | Each band 6.0 or higher |
| Duolingo English Test | 110 | Literacy 100, Conversation 100 |
| PTE Academic | 58 | Each section 50 or higher |
- IELTS 6.5 is the benchmark for Indian applicants; preparation timelines average 8–12 weeks of dedicated study.
- TOEFL 79 is achievable in 6–10 weeks with focused preparation on academic listening and writing components.
- Duolingo at 110+ requires 4–8 weeks of practice and is particularly suited for working professionals due to flexible testing windows.
Pace University ranks #62 nationally in the USA by Times Higher Education and #40 in US business schools by QS Rankings 2026, indicating strong overall institutional recognition and employer brand value for MBA graduates.
Tip for Indian Students: If your undergraduate GPA is below 3.0, highlight post-graduation work achievements (promotions, certifications, project leadership) in your application essays. Pace’s EMBA emphasizes professional maturity over perfect academic records.
For more information, check out Pace University courses and fees
Pace University Executive MBA Application 2026
Pace accepts applications on a rolling basis for the fall and spring intakes. Early submission strengthens candidacy as cohort spots fill progressively.
| Intake | Expected Deadline | Status |
|---|---|---|
| Fall 2026 | 15 February 2027 | Open |
| Spring 2027 | 01 December 2026 | Open |
| Fall 2027 | 15 February 2027 | Expected |
Required documents include official transcripts from all post-secondary institutions, proof of English proficiency (if international), resume highlighting work experience, and optional essays. Three letters of recommendation are strongly recommended.
- WES credential evaluation must be initiated 4–6 weeks before your target deadline to allow processing time.
- Request official transcripts from your university at least 6 weeks prior to the application deadline.
- Prepare recommendation letters from supervisors or professors who can attest to leadership potential.
Application Tip: Submit 4–6 weeks before the deadline rather than at the last moment. Rolling admissions means early applicants access better course scheduling and financial aid packages.
Pace University Executive MBA Scholarships 2026
Pace offers merit-based scholarships ranging from USD 5,000 to USD 15,000 for EMBA students with strong academic and professional credentials. These scholarships reduce the total out-of-pocket cost, with most recipients receiving between USD 8,000 and USD 12,000.
For an EMBA candidate, a USD 10,000 scholarship reduces the total program investment from USD 78,000 to USD 68,000 (INR 64.76 Lakhs)—a meaningful 12.8% cost reduction. Scholarships are awarded based on undergraduate GPA, work experience, and leadership potential demonstrated in application materials.
- Scholarship awards are determined after admissions review; no separate application is needed.
- International students are eligible for merit scholarships at the same rate as domestic students.
- Additional external scholarships (government schemes, employer sponsorship) may stack with Pace aid.
Scholarship Reality: On average, Pace EMBA scholarships cover 10–15% of tuition. Budget the net USD 66,000–73,000 cost when modeling ROI. Most scholarships do not extend to living expenses or health insurance.
Pace University Executive MBA Salary 2026
EMBA graduates from Pace report a median first-year salary of USD 87,153 (INR 83.02 Lakhs) gross, reflecting roles in management consulting, finance, and corporate strategy. Salary ranges vary by function, with finance and consulting roles trending toward USD 95,000–110,000 annually.
| Metric | USD | INR |
|---|---|---|
| Median First-Year Salary | 87,153 | 83.02 Lakhs |
| Salary Range (Mid to High) | 78,000–105,000 | 74.24–100.00 Lakhs |
| Employment Rate Post-Graduation | 97% within 6 months | |
Source: Pace University Career Services and Lubin School of Business Employment Report 2025
- Most graduates secure employment before graduation through internships and company recruiting partnerships.
- Career transitions average a USD 18,000–35,000 salary increase compared to pre-MBA earnings.
- The MBA credential plus executive experience positions graduates for director-level and VP-track roles within 3–5 years.
Gross salary figures assume full-time employment in the United States. Tax withholding typically reduces take-home pay by 25–35% depending on federal, state, and local tax brackets. Use the IRS tax estimator (irs.gov) to calculate net income before relocating.
ROI Reality: A USD 87,153 salary minus USD 78,000 tuition cost breaks even within one year post-graduation. Including a typical 3–5 year career salary uplift of USD 50,000–75,000, the 20-month investment delivers approximately USD 150,000–250,000 in cumulative career value over a decade.
United States Visa Pathway for EMBA Students
International students pursue a United States F-1 student visa for the EMBA program. After graduation, graduates transition to Optional Practical Training (OPT), allowing employment in the US for 12 months (or 36 months if the program is STEM-designated, though business programs do not qualify). H-1B skilled-worker visa sponsorship is available through employers for roles earning USD 60,000 or more annually.
- F-1 visa issuance requires an I-20 form from Pace and proof of financial support (approximately USD 130,000 for 20 months).
- OPT allows work authorization tied to your degree and field; extensions are not automatic after the standard 12-month window.
- H-1B sponsorship is employer-dependent; tech, finance, and consulting firms commonly sponsor EMBA graduates.
- Spouse and dependent visas (F-2) are available if the primary visa holder is on an F-1; dependents cannot work.
Also check, F1 Visa Application: A Comprehensive Guide
Visa Reality: Plan your post-graduation visa strategy (OPT, H-1B, or PR pathway) during your first semester. Employer sponsorship for H-1B requires proactive networking; do not assume all employers sponsor.
Pace University Executive MBA Ranking 2026
Pace’s EMBA ranks #121–130 globally in the QS Full-Time MBA Rankings for 2026. Within the United States, Pace’s MBA program ranks #40 nationally by QS Business Rankings and #62 overall by Times Higher Education (THE). These rankings reflect faculty quality, employer recognition, and graduate career outcomes across the institution’s Lubin School of Business.
| Ranking Body | Ranking | Category | Year |
|---|---|---|---|
| QS Full-Time MBA | #121–130 | Global | 2026 |
| QS Business Schools | #40 | United States | 2026 |
| THE University Rankings | #62 | USA Overall | 2026 |
Source: QS World University Rankings 2026, Times Higher Education Rankings 2026
- Mid-tier global ranking indicates a strong US employer brand and reasonable international recognition in finance and technology hubs.
- Top 40 US business school status ensures recognition among major corporations and financial services employers.
- Employer partnerships and recruiting access far exceed the ranking alone, with companies actively recruiting from Pace’s MBA cohorts.
Honest Take on Rankings: Pace’s #40 US ranking is solid for career growth in the Northeast, New York finance, and Fortune 500 recruiting. It does not compete with top 15 MBA programs in global mobility but offers exceptional value for price. Select Pace if employer access and networking in the Northeast matter most.
For more information, check out Pace University's rankings
The Pace Executive MBA is designed for professionals balancing career growth with education. The blended format, no-GMAT admissions policy, and practical curriculum attract diverse working professionals from finance, healthcare, technology, and nonprofit sectors. Indian applicants benefit from Pace’s international student support through the INSPIRE program, real-world case projects grounded in global business scenarios, and strong alumni networks in technology and financial services. If your goal is a fast, affordable executive degree with strong US employer brand in a global city, Pace’s EMBA delivers measurable career advancement and post-MBA earnings potential.
FAQs
Ques. Can I work full-time while completing Pace’s 20-month EMBA?
Ans. Yes. The blended format is designed for working professionals. Class sessions are held on select evenings and weekends, with online components allowing flexibility. Most students maintain full-time employment throughout the program. Employer support or flexible work arrangements significantly ease the experience.
Ques. Is GMAT required for Pace’s EMBA admission?
Ans. No. The EMBA does not require GMAT or GRE scores. Admission is based on undergraduate GPA (3.0 minimum), work experience, and application essays. This test-optional policy expands access to working professionals who may not have recent testing experience.
Ques. What is the typical cohort composition and international student percentage?
Ans. Pace’s EMBA cohorts typically include 30–50 students per intake, with 25–35% international representation. Indian students make up approximately 8–12% of each cohort, creating a diverse peer network with exposure to global business perspectives and professional connections across multiple countries.
Ques. Can I pursue OPT after graduation as an international student?
Ans. Yes. F-1 visa holders are eligible for 12 months of Optional Practical Training (OPT) after graduation, allowing full-time work in your field of study. Business programs do not qualify for the 24-month STEM extension. Many graduates secure H-1B sponsorship through employers during their OPT period.
Ques. What support does Pace provide for international students seeking internships and jobs?
Ans. Pace offers the INSPIRE Program (International Student Professional Readiness Program), exclusive mentorship for visa navigation, and career services including resume coaching, interview prep, and employer recruiting events. The program connects students to finance, consulting, and tech companies actively recruiting MBAs in New York and nationally.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $40770 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing cost | $7170 |
| Transportation | $1020 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $42600 |
| 2022 | $74250 |
| 2021 | $74250 |
Scores Required
Required Document List
- CV or Resume
- Letter of Recommendation
- Statement for Purpose
- Official Transcripts

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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| FINCAD Women in Finance Scholarship | Scholarship per student$ 20,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student$ 10,000/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| VueVille Future Technology Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| R&D Systems Scholarship | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based |
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