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Full-Time MBA vs Part-Time MBA vs Distance MBA vs P.H.D vs EMBA

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 be part of a 20 something class. EMBA programs conduct their courses on weekends and evenings. Both executive and part-time MBA program are 2-5 years in length. The companies that you work with might be able to fund your EMBA programs (if you commit to work with them for 3-5 years after your MBA).

Distance MBA learning program are among the fastest growing programs in the education sector. The biggest advantage is that students can access course content online and design a schedule based on their workload. Normally this program is for candidates who want to avoid the hassle involved in relocating to another country. Distance MBA program takes 2-3 years to complete. Lack of interaction with a highly competent class is one aspect that is lacking in these types of programs.

If you want to be a faculty in a business school then a P.H.D would be the right choice for you (Read PhD After Executive MBA) . Since the faculty positions in top business schools are limited, the selection process would be much tougher than what is involved in a regular business job. It would take 4-5 years to get your P.H.D. The advantage of a P.H.D program is that you will receive significantly more financial assistance compared to a regular MBA program.

Dual degree program is another option for people who want to learn the nuances of a business and be an expert in their chosen field. The advantage of this program is that you will get two degrees within the same period as you complete your MBA. However, you have to pay additional amount for your second degree and the learning process can be stressful. This option is not suited for people who want to make a transition in their career.
 
Business schools also provide specialization programs like Accounting, Operation research etc. These programs are ideal for entrepreneurs who want to save their time and learn key courses that would be beneficial for their businesses.

FT EMBA Ranking : http://rankings.ft.com/businessschoolrankings/emba-rankings
FT Full time MBA Ranking :  http://rankings.ft.com/businessschoolrankings/global-mba-rankings
Business Week Part-time MBA Ranking: http://www.businessweek.com/bschools/rankings/

Top 31 MBA Programs + Analysis of 24 Industries (United States)


We analyze the MBA Curriculum, Class Profile, Total Cost and Post-MBA Salary of Top 31 MBA programs in the US.

+ Industry Trends

+ Future of Aerospace, Agriculture, Artificial Intelligence (AI), Automobile, Clean Tech, Education, Energy, Fashion, Financial Services, Insurance, FinTech, Government, Healthcare, Life Sciences, Military, Manufacturing, Maritime, Media/Advertising, Technology, Tourism, Trade, Transportation and Logistics, Virtual Reality (VR), and Augmented Reality (AR).


Pages: 327

Reviews

"I have not reviewed many books for MBA Admission consulting companies but doing it now to give all applicants a brief idea on what the book covers. The book includes 31 top MBA programs - almost all the top schools you have heard or considering for your MBA application. Each chapter is categorized by US States where there is at least one top MBA program. So you have California and Massachusetts with the most number of MBA programs and several states with one top program (Washington, Minnesota, Washington D.C., Connecticut, Virginia, and Maryland) and other states with two to three MBA programs. The book focuses on four aspects of an MBA program - curriculum, cost, class profile and post-MBA salary. For me, the breakdown of the cost and post-MBA industry was useful to make my decision on selecting the top 5 programs for 2017-18. It is a fascinating read in an industry where consultants overprice for their expertise. I recently bought a 30-page guide for $49. Compared to the obvious observation in that book, the 300+ page, MBA in US - the Ultimate guide is a goldmine of information and analysis." - Verified Purchase (21st June 2017)

"I bought the ultimate guide after a friend recommended it for me. The guide covers a lot of ground on the history of each prominent US states and goes into the reasons why a certain industry emerged from each state. In addition to the analysis of the economy, trends and expected changes in the next 5 years, the book features top MBA programs in each state with an extensive study of its curriculum. Ultimate guide is an essential reference book for MBA Applicants if they want to shortlist MBA programs based on value and cost, and not just ranking. " - Verified Purchase (14th June 2017)

"Should be a required reading before applying for an MBA. School events and MBA Tours are PR events disguised as a Q&A. On the contrary, the book is an unbiased analysis of each Top MBA program in the US supported by a large dataset and historical context on each industry. The guide builds a case for indstries that are likely to emerge as favourite for MBA graduates. Thorough and a valuable book." - Verified Purchase (15th June 2017)

"What I liked: The breadth of the information. Some of my favorite nonfiction books have taken the same approach as the ultimate guide have - cover background information in-depth. In the book, the author uses parallel threads to demonstrate the history of the state and the rise of industries. Will make you think how schools thrive based on the policy set by the state. California's obsession with Technology has revolutionized how we do Business and changed post-MBA trends. Many MBA applicants will be consulting or doing marketing for a Technology company. That is one key finding from the book. The latest development in AI, FinTech, and Automation is an additional context that I found valuable in the book.

Very informative. I would recommend that you read the book at least once in chronological order before using Table of Contents." - Verified Purchase (2nd July 2017)

Download How to Choose the Best MBA in US: The Ultimate Guide
(2018 Entering Class)

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