Cindy Sullivan: If you are ready to pursue an MBA and you are trying to decide between part-time MBA program and a full-time MBA program, here are some things to consider.
In general, part-time programs are geared towards those with a little more work experience, those who does not necessarily want to change their careers, those who may want to keep their jobs and also their employers are supportive of them getting an MBA, and if they happen to live near a top quality MBA program.
There are some advantages and disadvantages to consider. The advantages include, you would not have to relocate or quit your job and there are generally more experienced classmates in the classroom adding to the learning process. You get to continue earning an income while you learn and you get to apply what you are learning directly to your job. Your employer may even be willing to pay part or all of your tuition.
The disadvantages include a rigorous schedule of working full-time and attending school part-time for three to four years making it difficult to give one hundred percent to either endeavor. You may not get as much out of the classes as you may lack some focus at work. You will not get internships and you may not be able to develop deep networking relationships with fellow students. You also are not able to join many, if any, leadership strengthening opportunities such as clubs and extra curricular activities.
The full-time applicant usually has two to six years work experience. They may want to switch careers or they may have never had management training and undergrad. This program is geared towards those who are willing to leave their job and often relocate.
There are advantages and disadvantages to the full-time program as well, the benefits however can be enormous as there are so many opportunities for learning, engaging, networking and basically immersing yourself in the academic experience. You will receive internships, opportunities to travel abroad, intent career services, you would be able to join clubs and extra curricular activities, you will be able to focus completely on your studies and make life long friend and contacts. Some of the drawbacks might include that you will be investing a lot money into your education while at the same time foregoing earning an income. You will most likely be relocating and there is always the risk that the investment might not pay off.
The application process is really similar for both, they are both very thorough and extensive processes. Part-time programs can be a little less competitive but really not by much.
Female 2: For more information and other helpful resources, log on to www.admissionsconsultants.com or give us a call at 703-242-5885.
Transcription by:
Scribe4you Transcription Services