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Full-Time MBA vs Part-Time MBA

Part Time vs Full time MBAAfter a few years on the job, professionals looking for that big leap in their careers will start thinking about an MBA. At this point of time, you will have two choices - Full-time or Part-time MBA.

A Part-time MBA would mean a steady flow of income and a path without any break in your career. By joining the program, professionals would save at least $30,000 per year in tuition fee. In some cases, the employer may even pay for the education. But supporters of Full-time MBA will argue that the course is an intense experience; an experience that involves interaction with a diverse experienced group of peers, traveling to global locations...

Part Time MBAMBA Applicants are actively considering part-time MBA programs in place of a 2-year traditional full-time MBA programs. There are several factors for this preference, but one factor that stands out is the cost of the program. We shortlisted the top five part-time MBA programs and compared the costs with their full-time counterparts.

Top 5 Part-Time MBA

Our research showed that the schools that have been able to create comparable learning experiences and networking opportunities similar to full-time MBA program, were able to attract some of the best applicants. Peer-to-Peer learning is an important element in the Full-time MBA Classroom experience. It is more important in part-time MBA as the students get the chance to apply ideas immediately in their jobs.

Here are our pick for top 5 Part-time MBA

1. Kellogg
2. NYU Stern
3. Booth
4. Haas

For details about each course, read Top Part-time MBA Programs

Calculation Methodology
1) When we...

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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