Part-time MBA programs are designed to help working professionals obtain business expertise in their chosen field, helping them advance in their career path. The course allows students to apply classroom lessons immediately on their jobs, ensuring a complete learning experience.
As most Part-Time MBA participants have family and other commitments, it is important that students choose a program that offers a flexible study schedule. Here are the world’s best part-time MBA programs for working professionals:
1) Northwestern University (Kellogg)
Kellogg School has a top-class MBA program that enables students to pursue management education without taking a break in their careers. The program has a flexible structure that allows students to attend classes on weekdays or weekends while completing the program in 2.5 to 5 years. They can choose from 18 majors and specialize in one while benefitting from all the facilities and resources that full time MBA student enjoy.
At any time, students can take quarterly leave. They can also take up four MBA courses that are introduced newly as part of the curriculum. Students even have the option of completing their last four classes at a new location with another MBA program, in case of relocation. Loan assistance is offered, but no institutional scholarships or grant is available. On graduating, students can participate in the graduate MBA recruitment process, and benefit from all the career guidance and resources available to full time MBA students.
Course structure and study options
Professionals who work in Chicago can opt for weekday classes as it offers a wider range of specializations. Those who do not stay in Chicago, or have jobs that involve travel can take up the weekend option. Students can always attend any class during the week or on weekends, or even officially switch/transfer between the two. Both the programs require students to complete a core program that is identical to that of the full-time MBA.
The Evening MBA Program
Students can start the course in the fall, winter, spring, or summer, and can undertake a maximum of three courses per quarter. Classes are held from 6pm to 9pm on all weekdays. While the program can take 2 - 5 years to complete, on an average students take 3 years to finish the program. After completing the core courses, students get to choose from 18 majors like Analytical Finance, Decision Sciences, Entrepreneurship & Innovation, Human Resources Management, International Business, Marketing Management, Media Management and Social Enterprise at Kellogg.
The Saturday MBA Program
The weekend MBA program’s classes start in June, with two sessions held every Saturday – 9am to 12pm and 1:30pm to 4:30pm. Students can take up to three classes per quarter. The core curriculum is completed in the first year, after which the electives can be taken up. Students can opt for seven majors: International Business, Finance, Marketing, Management & Strategy, Managerial Economics, Entrepreneurship & Innovation, and Management & Organizations. While this program can be completed in 2-5 years, students usually finish it in 3 years.
The Accelerated Part-time Program
The accelerated program is meant for students who have completed the following courses, either as part of an undergraduate or graduate program: Accounting and at least five among Finance, Organizational Behavior, Economics, Marketing, Operations and Statistics. Students can start this program in any quarter, pick either the weekday or the weekend program and get their degree in 1.25 to 4 years.
2) New York University (Stern)
Stern’s Langone Part-time MBA Program offers the advantage of studying in New York, along with the wide alumni network that dominates the world’s premier financial district. The program is offered in two campuses – Manhattan and Westchester. There are options of studying during weekdays or weekends and completing the course in 2 to 3 years.
While weekday students can choose from 24 specializations, those studying on weekends can only specialize in Finance and Management.
Students benefit from donor award scholarships after completing 30 credits. In fact, more than 40% of part-time students receive aid. While they have access to the full-time MBA students’ facilities including experiential learning programs like the Michael Price Student Investment Fund and the Stern Consulting Corps, they are not allowed to be a part of the regular MBA recruitment process. Instead, the Career Center for Working Professionals (CCWP) assists them. What part-time students have is access to Stern’s 100,000+ Alumni Network.
Course structure and study options
Professionals who work in and around New York City can opt to study at the Manhattan campus while those from the areas or counties surrounding New York can choose Westchester. Both campuses share the same world class faculty. Weekday students can choose from 24 specializations including Business analytics, Corporate finance, Entertainment, Media & Technology, Leadership & Change Management, Social Innovation & Impact and Global Business.
The Westchester Campus
Stern's Westchester campus offers a 3-year, weeknight Langone Part-time MBA program with two options - Fall Start or Spring Start. During the first year, classes are held on two nights every week, and students can choose from either a Monday/Wednesday or a Tuesday/Thursday plan, studying from 6pm - 9pm. Students have to take 15 credits outside of Westchester, and this can be done the at the Stern campus, or at any of the international partner schools.
The Manhattan Campus
Manhattan Weeknights: This segment offers the most flexible options, with course durations of 2, 2.5 and 3 years, depending on how many classes are opted for each week. The Courses can be taken on a Fall Start or Spring Start.
Manhattan Weekends: Here, the options are a 3 Year, Fall Start or Spring Start program. Two classes are held every Saturday, 9am – 12pm and 1pm – 4pm. One major disadvantage is that students can only specialize in Finance or Management.
Read Best Part Time MBA Programs - Part 2 (Booth, Haas & UCLA)