Full Time MBA or Part Time MBA: Which One To Pick?

CAT Exam
Earning a Master’s degree in Business Administration (MBA) is an important step in climbing the corporate ladder. Whether you seek a promotion at a financial firm or aim to become an entrepreneur with your own start up, an MBA can help you achieve those goals. In general, there are two routes a prospective student can take when pursuing an MBA: a full-time or a part-time program. Although both options will lead to a degree, there are tradeoffs that should be taken into consideration when choosing between the two. If you go full-time, you won’t make much money for two years. If you go part-time, you won’t have a social life between work and school. Your decision rests on what’s best for you. What is your financial and family situation? What do you hope to achieve with your education? How many years of experience you carry and just how much of a workload can you absorb? If you’re wrestling with this decision yourself, here are some points to consider when comparing part-time and full-time programs: Full Time MBA:                       If you enter an MBA program as a full-time student, you won’t make much money for two to three years as you won’t be able to hold a full-time job while enrolled. Therefore, these programs are most popular with younger students who have recently obtained their bachelor’s degree or for students who carry workex of 4years or less than 4 years. Full-time MBA programs are structured for 23 to 30-year-olds who can afford to leave the workforce for a while. Full Time MBA is suitable to a person who requires speedy growth in his/her career. These programs benefit from more financial aid, with 90% of all scholarships and fellowships granted to full-timers. Full-time students generally enjoy greater access to on-campus recruiting. They also tend to attract the best students globally. At the end of full time MBA a student end up with two options: Job or Entrepreneur. Part Time MBA: There are two main types of part-time MBA programs. The Executive MBA (EMBA) is designed for students with years of work experience in executive or leadership roles – typically, these students are between 32 and 42-years-old. EMBA programs are attractive to students who prioritize family and work over school.  They are designed for experienced high performers looking to amplify their leadership and administrative skills. These programs are often smaller than full-time programs and carry a heftier sticker price, as employers are expected to foot some or the student’s entire tuition bill. The other option is the part-time MBA, which is geared towards employees who work full-time and don’t yet hold leadership positions. Part time MBA programs are attractive to students who are married or having some kind of financial problem but needs an MBA degree to push their career forward. These students tend to be 24 to 35-years-old and take classes after work, either in the evenings or on weekends. Part-timers usually share the same faculty and can take many of the same courses as their full-time counterparts. However, few scholarships are given to part-time students, so they must rely on personal savings, loans, and or employer sponsorship to pay for tuition. Part-time MBA programs are often seen as less competitive than full-time programs and can take longer than two years to complete. The main challenge for part-timers is balancing work and school, many times at the expense of social or family time. The Bottom Line: Receiving an MBA can help you advance your career and earn promotions or pay raises due to the level of achievement and knowledge such a degree confers. Deciding between a full-time or a part-time MBA program is a matter of weighing the costs and benefits each option has to offer. Full-time MBAs are ideal for new graduates who can afford to delay working, but they can expect to land better paying and higher ranking jobs than those without an MBA. Working individuals who are eager to enhance their existing career path might choose a part-time MBA program in order to remain employed while studying. For those in managerial or leadership roles, the executive MBA might be a more suitable part-time option. Choose Your Career Wisely! All The Best!!!

Category :

CAT Exam

Share This :

Join us MBA CET 2025