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Full-Time MBA vs P.H.D


You might have made your choice of pursuing a full-time MBA program. However, God forbid if you do not make it to your dream b-school, be prepared with a plan B. Full-time MBA programs provide students with a rich experience and engage them fully with the learning process. Although the opportunity cost is high in terms of lost compensation and the additional burden of funding your MBA, a full-time MBA program is ideal for people who are planning to make a career transition ( in position, domain or in function). The biggest advantage of a full-time MBA program is the summer internship program, where you can apply what you have learned.

However, if you do not want to compromise on your target b-school, try part-time MBA program. I had interacted with many part-time MBAs from various top business schools. The feedback that I received was that, although part time MBA programs adds to the stress of a full time job , steals your evenings and weekends, they reduces the debt risk associated with a full-time MBA program. If you can handle your family, education and your job simultaneously, then this option is for you.

Executive MBA or EMBA is another option for people in their late 30s or early 40s who might feel embarrassed to...




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