BusinessWeek Part Time MBA ranking for 2013 has been published. Tepper School of Business has overtaken Elon’s Martha and Spencer Love School of Business this year to rank #1. The later has moved down four places to rank at #5.
Evaluate the Summary of the Top 10 Part Time MBA Rankings
MBA 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.
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.
Find out why Part-time MBA is becoming Popular
The Professional Evening MBA (PEMBA) at Boston University offers 2 campus options, 2 schedule options 2 class options and a gamut of study options. It allows for an exceptionally customizable MBA program for working professionals in the 4th largest private research university in USA.
Key advantages
• Same faculty and facilities as the Full-time students
• Can be completed in 3 to 6 years
• Can choose from Boston or the North (Chelmsford, MA) campuses
• Can take electives with Full-time students
The Rice MBA for Professionals from the Jones Graduate School of Business is aimed at working professionals who wish to enter new pursuits, receive greater responsibility, or earn higher salaries. The school is located in Houston, Texas, home to some of the most famous Fortune 500 headquarters in the US. Houston is also home to NASA and the world’s largest medical center. The Part-time program is highly flexible with two schedule options and can be completed in 22 months.
Key advantages
• Two mandatory six-day immersion periods
• Instruction in career management and individual career counseling, identical to Full-time MBA students
• Part-time students can participate in on-campus recruiting along with Full-time students
• Evening and weekend schedule options
• A required Capstone project
• Choice of 12 specializations
• Same Faculty as Full-Time MBA program
• Access to all facilities, clubs and resources that Full-time students enjoy
Course details
1. The first year covers the core curriculum
2. The second year covers the electives from a choice of 12 Concentrations including Communication, Energy, Entrepreneurship, Health Care and Global Business.
3. The mandatory Capstone Project brings together team of students and faculty, helping communities resolve real-life problems.
Kellogg’s Part-time MBA is an extremely flexible program that allows students to attend classes on weekdays or weekends, and complete the program in 2.5 to 5 years.
Key Advantages
• Access to all the facilities and resources that full time students enjoy
• Can take quarters off at any time
• May complete their last four classes in another location with another MBA program, in case of relocation
• Can also take up four new MBA courses that are newly introduced – this keeps their curriculum up to date
• The core program is identical to that of the Full-time MBA
• Students benefit from all the career resources available to Full-time MBA students
• Graduates can participate in the Full-time MBA recruitment process
Course details
1. Students can choose from 18 fields to specialize in.
2. Students irrespective of whether they are from the Evening or Saturday program can always attend any class during the week or on Saturday, or even officially switch/transfer between the two.
The Evening MBA Program
• Ideal for professionals who work in Chicago
• Students can start the course in any of the fall, winter, spring, or summer quarters.
• Students can undertake a maximum of three courses per quarter
• Classes are held from 6pm to 9pm on all weekdays.
• The program can be completed in 2 - 5 years, but on average students take 3 years
Southern Methodist University’s Cox School offers a two-year Professional MBA (PMBA) program that combines a Quant focus with internationally recognized faculty in a private school setting. The PMBA program takes 2 years to complete and conducts the course in two campuses – Dallas and Plano, 30 Kms from Dallas.
Key Advantages
• Study in Dallas, USA’s top business hub after New York
• The curriculum is identical to that of the Full-time MBA program
• Complete access to all the resources of the MBA Career Management Center (CMC)
• An alumni network of 38,000+ in more than 21 countries
• Short study period of just 2 years
• International Exchange program to 7 B-schools in Europe, Asia and South America
Course Details
1. The program is completed over 6 semesters in 2 years.
2. There are two intakes, in January and August.
3. Classes are held on both weekdays and weekends.
4. 14 concentrations to choose from including niche concentrations such as Energy Finance, Strategy & Entrepreneurship, Product & Brand Management and Financial Consulting.
5. Core Curriculum @ Plano: Monday & Wednesday evenings 6:30 pm - 9:20 pm
6. Core Curriculum @Dallas: Thursday evenings 6:30 pm – 9:20 pm & Saturday mornings 9 am – 11:50 am
7. Electives: Monday to Thursday evenings & Saturday mornings at both campuses
Being located in Silicon Valley, Haas School of Business gives its Part-time MBA an edge both in terms of faculty and peers. The Evening & Weekend MBA (EWMBA) places a strong emphasis on innovation, disruptive thinking and regular industry interface. The EWMBA is a 3-year program established for executives in and around Silicon Valley. Students can pick from 11 specializations.
Key Advantages
• Study in Silicon Valley – the heart of global innovation and entrepreneurship
• The curriculum is identical to the Full-time MBA program
• Access all the facilities and resources available to Full-time students
• Frequent interaction with industry leaders, visionaries and innovators
• Full use of Haas’ Career Center, including the placement process of Full-time students
• A massive alumni network of 36,000 Haas School graduates and 458,000+ University of California - Berkeley graduates
Course details
1. Students have the option of fast-tracking the program to finish it in 2.5 years, or extending it beyond 3 years after obtaining permission
2. The EWMBA has two study options - weekday and weekend classes
3. Students who miss class due to work can view a video recording on the internet
Chicago Booth’s Part-time MBA program stands out for its international focus. Called the International MBA Degree (IMBA), it supplements the typical Booth MBA with five international business courses and one term abroad. It also requires students to obtain proficiency in a language other than English.
Key Advantages
• An identical curriculum to that of the full-time program, which has been consistently ranked among the top 10 MBA programs.
• Flexibility of weekend and weekday options
BusinessWeek Part Time MBA rankings for 2012 have been announced. Elon’s Martha and Spencer Love School of Business has continued to retain the top spot. UCLA Anderson School of Management took the second place while Tepper School of Business retained the third place.
An interesting trend seen this year is that all the top 10 positions remained unchanged from the previous year.
Evaluate the Summary of Top Part Time MBA Rankings
NYU Stern’s Part-time MBA program is a highly flexible program that is offered from two campuses – Manhattan (close to Wall Street) and Westchester (on the outskirts of New York City). Students have the option of studying on weekday evenings or on weekends, to complete the course in 2 to 6 years. While weekday students can choose from 24 specializations, those studying on weekends can only specialize in Finance and Management.
Key Advantages
This is the second part of the series – Best Part Time MBA programs. Booth offers working professionals a flexible, Part-time MBA program that has a unique international edge. The International MBA Degree (IMBA) adds onto the typical Booth MBA, with five international business courses, one term studied in a foreign country, and proficiency in a language other than English. Read More!
Part-time MBA programs are designed to help working professionals obtain advanced business expertise in their chosen field, helping them advance in their chosen 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.