Executive Coaching
Overview
Executive coaching is a one-to-one session between a coach and an executive. The aim of this kind of coaching is to enhance the job performance of the executive. This coaching program is designed to motivate and energize essential leadership attitudes and skills to ensure that key executives keep generating their maximum potential. Doing the same business procedures causes boredom and monotony for the employers and employees. You can break this cycle and help in innovating new business ideas and techniques through executive coaching.
Executive coaching is often offered as a certification program. The curriculum of the course mainly consists of theories, principles, strategies, skills and presentations. Apart from these basic skills, executive coaching provides training in strategic planning, skill building, research methods, team building, decision making, career management and crisis management. The duration of this course may extend between six months and two years, depending upon the area of specialization.
Benefits
There are different benefits that people receive through executive coaching. You can help top-tier position people like CEOs, executives, and managers of any organization in setting and reaching the goals for their overall success. This situation has created a high demand in need for professionals with a degree in executive coaching. Skilled trainers can earn an average median salary of $71,000 annually. You can also choose to make your career in education and teaching. With a few years of experience, you can also become an author and write books.
Costs
The cost of executive coaching depends upon the university and the program you choose to study. Two-week long courses may cost around $13,000. The cost of the certification program ranges around $7,000 to $8,500, on an average, for 18 hours. For additional hours, you may have to shell out around $300 or more.
Schools
There are many colleges in the United States of America which offers executing coaching certification degrees. There are also some colleges which provide online certification degrees. The University of Maryland and Penn State University are some colleges which offer executive coaching certification courses.
Testing & Preparation
Unlike other degree programs, there is no standard testing or preparation that is required for joining an executive coach training program. You must be in a responsible position, like a human resources professional in a public or private organization, to take up this program.
Financial Aid
Almost all colleges in the United States provide concession in tuition fees for in-state students. Many organizations also sponsor their employees to pursue executive coaching training. The Federal Student Aid and USA Funds are the federal provisions which provide financial aid and scholarships to deserving students.
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