Is a Part-Time MBA worth it? MBAs come in all shapes and sizes – Full Time (FT), Executive, Dual, Distance, Short Term and Part Time (PT). Read Types of MBA Programs. But taking the more common full-time MBA courses, for comparison, the way part-time differs from it is mainly in the execution. Part time courses are usually offered as evening, or off office hour courses, covering essentially the same amount of coursework but over a longer duration. They are offered by the same schools, accredited by the Association to Advance Collegiate Schools of Business International. Here's a list of the top ten part time business schools, in the US, based on US News Rankings, in 2017. Also read Best Part Time MBAs in the world. School Ranking University …show more content…
It provides an alternative way to seek an MBA to further your career. And much like anything you buy, or invest in, you need to evaluate the pros and cons of enrolling in such a study. How effective is it? Is it good, bad or ugly when compared to a traditional full time course? Will it be purse friendly? And the all encompassing, will it be worth it? In this article we will explore the advantages and disadvantages of a part time study, for you to infer its potential success tailored to your situation. To begin with, let's start with the good news before moving on to the bad one. What is appealing about Part Time MBAs? Part time MBAs are designed for working professionals who want to continue with a steady flow of income whilst getting their degree. They also have the advantage of sticking around, at your job, and not having to start afresh, like full timers have to. A lot companies offer to purse the program in view of an opportunity for employee growth. Priced at a quarter of the investment required by a full time MBA, part time MBAs seem to provide a pretty flashy ROI. We do have to keep in mind that this GMAC survey was conducted based on responses from 14,279 graduate business alumni out of which 6,961 provided valid financial data for the …show more content…
Source: 2016 GMAC Alumni Perspectives Survey Report On top of the apparent monetary relief, they also give an opportunity to mingle with similar working professionals, thereby increasing the pool of your professional network. But as you might have guessed, not all is golden in the world of part timers. There are certain aspects you should keep in mind before taking the night train to college town. What are the possible drawbacks of getting a Part Time
The MBA does not follow a specific professional standard and there isn’t a follow up courses. More importantly its education is more focused on nonfigurative theories and case studies rather than providing practical skills Rynes et al. (2003). Also as Mintzberg (2004, p. 5) believed that MBA was approaching the wrong way of teaching and to the wrong people as well, arguing that its “specialized training in the functions of business, not general educating in the practice of management”. Therefore its concluded that MBA is not providing a wide range perception on reality.
After making the decision to advance my career with an MBA degree, I researched several programs both traditional and online. I spoke with several friends about their MBA programs. Each program had its pros and cons, whereas, Bethel University did not.
Do you know that the average cost of graduate business school master’s is between $20,000-100,000? Deciding to go to graduate school can be a challenging process for most professionals given all the time, effort, though, cost, and planning which is involved in preparing for graduate business school. Also, trying to find an AACBS accredited school within my budget; with a good ranking is a pivotal factor in deciding which graduate school to attend. However, given all the challenges; I am ready to embark on this journey to complete my Master’s in Business Administration (MBA), so I may complete my primary goal of opening my own school and or a secondary career goal of becoming a well round business professional if I
One other outstanding advantage of distance learning is that the 'student ' can pursue the studies at his/her own pace. You do not need to worry about the class attendance; you need not worry about tight schedules and all that because you can study from the comfort of your own home. You can be in the 'class ' the moment you log in. It is as easy as that.
It helps you create professional relationships and may help you get a job when you leave college. You can make some influential friends.
The next option is to do it through distance learning or over the internet. If you are doing it over the internet then you do not have to worry about attending class every day. You also study anywhere you go over the internet. You need to be even more careful while choosing a distance learning course because often not all the information is provided about the college. You will need to spend time finding out about the college and the job prospects after completing the MBA from there.
In all cases having a job while in school is not a negative thought. In the case of college students, I find it different being that your college classes revolves around the schedule you make and sometimes it is needed for the expenses of college. College students may have to fend for themselves whether it is to pay tuition, dorming fees, loans, meal plans, or books. Having a part-time job may help alleviate or at least balance the dent in your bank account for college. If your schedule allows you time to go to school, maintain a job with a good enough salary and free time, all is
Out of the sample of 200 students it is evident that more students are enrolled in the MBA program that work a full-time job. Furthermore, this helps me see that possibly this MBA programs is suitable and dedicated to catering to working individuals with varying responsibilities. A possibility as to why the
This is the reason why I chose to come to Northcentral University for my MBA. They were many colleges and universities, but this was the only college that I related to because of the way the curriculum is designed and for its fast track option.
Upon completion of the majority of the management core classes, I am able to reflect upon these areas and find considerable growth. Besides the obvious benefit of receiving formal training in tools, techniques and information used by business managers, the University's program has provided many other tangible benefits. Despite losing familiarity with the practice of studying during my hiatus from higher education, learning at the University quickly became an easy and motivating activity.
The measurement used for this research was that of a survey. The author(s) used the results of the 2009 Beyond Gray Pinstripes survey in which, a questionnaire was introduce by students enrolled as full-time, and in person MBA programs. The study gave four key issues that had arisen in the
An increasing number of business professionals choose to earn their MBAs through the internet. Pursuing an MBA is a great accomplishment. Many undergraduate students graduate and move on to pursue their Masters Degree in their desired field. This marketing plan illustrates the market segments and the strategies of employing to get customers and create a solid revenue stream. Our unique focus is creating opportunities for the fulltime working student that is not able to go to a campus for classes. A twist that gives us an advantage over our competitors is by giving students more options of what is available in picking from a larger selection of majors. From
Many aspiring CEOs choose to pursue a Master of Business Administration (MBA) or a similar graduate degree. These programs can be pursued before finding work within an industry or after having been employed for some time. Those who are currently working in a corporate or managerial position can enroll in a part-time professional or executive MBA program that integrates practical employment knowledge into the curriculum. MBA students might take classes in strategic management, finance, organizational theories and managerial economics. For individuals who may have an interest in leading a global organization, pursuing study abroad options allows the study of international business and the development of different cultural and societal skills. Most MBA programs require students to select a concentration to focus on. Individuals can take advantage of this opportunity by selecting an emphasis that relates to the industry they wish to advance in. Many programs allow students to specialize in fields like marketing, finance, information technology,
As a student with many responsibilities outside of school, I have experimented with various formats of courses. Working full time and attending school full time has proven to be a challenge to me, if I am not at work I am at school. It left me little to no time at all to spend with my loved ones or juggle other responsibilities. Until I tried my first hybrid class that is. A hybrid class, also known as a “blended” or “mixed mode” (Gustavo Mellander, 67) is a mix of a traditional class and an online class where students meet together in a classroom once a week. The remainder of the week is left for the student to complete school assignments online at their leisure. I believe that hybrid classes could be the answer