EMBA programs are targeted for experienced managers or for professionals in senior leadership position while Part-time MBA program is targeted for professionals, who want to continue working while completing their MBA program. Apart from that, there are a few distinct differences between the two programs.
Average Age: of the EMBA program is much higher than that of part-time MBA. For example, the average age of Wharton EMBA class of 2013 is 34 compared to 30 years for Michigan Ross part-time Evening MBA program (class entering Jan 2012). The age of most EMBA class ranges between 34-38 while that of part-time program are between 29 and 33.
Cost of MBA: The cost of an EMBA program is much higher than part-time MBA programs. For example, the tuition fee of Wharton EMBA program (class entering May 2012) ranges between $171,360 and $175,678 while that of Michigan Ross part-time MBA program ranges between $95,000 and $105,00. That is a sizable difference. Majority of the tuition fee are often sponsored by companies (provided the participants work with them for 3-5 years after the program). Why the cost difference? EMBA fees typically include lodging and meal charges. Part-time MBA fee does not cover that.
Specialized vs. General: Part-time MBA participants can customize the learning experience. This is done by picking electives that are applicable in their day jobs. During electives, many part-time MBA participants also get the opportunity to sit with the Full-time MBA class. For EMBA participants, the curriculum is designed to develop general leadership and executive decision making skills.
In-Class Hours: Part-time MBA participants have to take most of the courses offered by Full-time MBA. But the Business Schools are focussed on finding an appropriate job for the Full-time MBA participants. Due to that, full-time MBAs will have first preference to access valuable resources (faculty time and alumni network) provided by Business Schools
Scheduling: Most part-time MBA program participants will have the flexibility to schedule their MBA programs as weekend or evening programs, while EMBA programs will have a set schedule which can be completed in an 18-24 month time period.
Competition: Although competition for getting into top 10 EMBA programs are similar to getting into a part-time program, there are world-class EMBA programs that has much lower GMAT and GPA requirement, and GMAT waiver in many cases. Participants have to compensate weakness in Academics with diversity and evident growth in the organization.
Admission Process: The admission process for part-time MBA program is similar to full-time MBA program. Academic competency (GMAT Score, GPA), Work Experience (3-5 years) and post-MBA goals are important for admissions. Although many EMBA programs have a more informal event like face to face interviews and meetings, most top EMBA programs follow traditional admission process and evaluate similar characteristics like that in part-time MBA programs. One key component in EMBA admission process is the endorsement by the employer. Are they enthusiastic about your MBA plans? Can the employer clearly chart out how your MBA will add value to the organization, especially for your team members?
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2019 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee (2018)
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA (2018)
MIT vs. Stanford MBA (2017)
Haas vs. Ross MBA (2018)
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA (2017)
IIMA vs. ISB (2017)
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
Scholarships in the UK