Part-Time MBA
Part-time MBA programs are intended for working professionals. Most part-time MBAs work full-time during the day and go to classes in the evening. Now many institutions offer part time MBA programs, and these part time courses offer improved flexibility and ease to those that merely cannot commit to a full time education but that do want to develop by bettering themselves educationally and in terms of ability and knowledge in this particular field. With part time MBA programs, students can still advantage from gaining the significant skills and knowledge obligatory in a business administration career but without having to commit themselves to studying on a full time basis.
Here are some considerations when exploring part-time programs:
*Courses are scheduled year 'round and do not allow for internships.
*Some part-time programs propose the similar capability to focus (through concentrations and open electives) as full-time programs, but others only propose an incomplete quantity of concentrations.
*Some part-time programs need smaller amount of courses than their full-time counterparts. Their syllabus usually includes a core body of knowledge and does not propose the ability to focus.
*Some part-time programs need the identical number of courses as a full-time program, but extend out over a longer time. For example, you might take one to two courses at a time over four or five years for a degree requiring 20 courses.
Part-Time Advantages
Part-time programs are well-liked among career enhancers (who have a good base of practice and want to further their career in a selected field). They are also fine if you already have a network in your field to help in a job change. The wonderful thing about part time MBA programs is that they allow many more people to enjoy the benefits of having an MBA qualification – which means a better opportunity of breaking into the business and a better possibility of career succession with greater than before income. The fact that this is a part time course signifies that those with other commitments such as work or home commitments can still consider taking the course and gaining this inestimable qualification.
Work-related
Classes are planned outside typical business hours. Students develop new skills without interrupting current employment. Students can bring current, real-world problems into the classroom and explore workable solutions they can implement on the job.
Financial
When you opt for part time MBA programs you can still enjoy the benefits of working, which means that you won’t have to go into debt in order to further your career, as you might have to with a full time course. In fact, if you manage to break into a relevant career while studying your part time MBA program, you could find that you career prospects are accelerated even whilst you are still studying. The cost is spread over a longer period of time, helpful to those who must continue to earn an income or who are unwilling or unable to take on more debt.
If you can't relocate
Part-time programs may offer some geographic flexibility if you are unable or unwilling to relocate. A two-hour commute might be palatable for one class a week, but not daily.
If you travel or relocate frequently for work, you may have difficulty completing a part-time MBA degree. Some programs do allow students to fulfill some course work through distance learning, but you should check the flexibility of the programs you are considering.
Do not assume that you can take some MBA courses part-time, then transfer to a full-time or other kind of program. Most programs do not accept transfer credits.
Source:
nmims.edu
www.mba.com
www.unhmba.org