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.
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
5. UCLA
For details about each course, read Top Part-time MBA Programs
Calculation Methodology
1) When we compare part-time MBA with Full-time MBA program, we are not calculating the cost based on accelerated program option for part-time MBA where the cost is lesser than traditional part-time schedule. The number of courses in traditional part-time MBA schedule is more than the accelerated option.
2) For Full-time MBA program, we are calculating the average 2-year cost by doubling the 1-Year cost since most schools have only provided this information.
3) Most part-time MBA programs calculate the cost on a per-course basis. Other means of calculation are based on the number of years, schedules provided by the school, and how courses are combined into units.
4) For part-time MBA, the cost of traveling is not included as this component is negligible compared to full-time MBA expenses.
The notes section will have the details of how we calculated the cost for part-time MBA.
