How to Decide Between Executive and Part-Time MBA Programs
How to Decide Between Executive and Part-Time MBA Programs
by Chioma Isiadinso
The flexibility of part-time and executive MBA programs offers the advantage of being able to work and learn concurrently, which can be either a convenience or a necessity depending upon your personal circumstances.
A key benefit of these programs is the opportunity to see academic concepts played out in the workplace and the ability to immediately apply lessons learned. In addition, many companies provide reimbursement for some or all of an employee’s tuition costs, helping offset the massive debt often associated with full-time MBA programs.
However many schools restrict on-campus recruiting to full-time students on the premise that it poses a conflict of interest when the employer is contributing to the student’s expenses.
Part-time MBA programs require the same number of courses as a full-time program, but are spread out over several years. Most are year-round, with no breaks or internships during the summer months. Yet, part-time programs can be a good fit if you’re a working professional seeking to enhance your career.
On the flip side, some recruiters perceive that part-time MBAs do not demonstrate the same level of commitment and motivation as graduates of a full-time program.
Executive MBA programs are essentially part-time MBA programs for working executives.
Program length varies from school to school, with classes usually on weekends for up to two academic years. They are inherently intensive, typically with stringent admissions requirements designed to ensure a high degree of classroom quality.
Executive MBA students typically take the same general management curriculum, rather than core courses one year and electives the next. And there is no internship requirement because students are already employed full-time. Such programs are ideal for executives who need career-broadening management training at a faster pace than part-time programs offer.
You’re the Best Judge
By far, you’re the best judge of your readiness to attend business school and to decide the type of MBA program that’s right for you.
Ultimately, the best choice will be one that takes into careful consideration what time it is with respect to your level of commitment, achievements and credentials—as well as the impact on your finances and lifestyle.
And once armed with this self-awareness, you will be able to choose the MBA program that will best suit your personal needs and enhance your goals.
About Author
Chioma Isiadinso, a former admissions board member at Harvard Business School and admissions officer at Carnegie Mellon University, provides tips, strategies and advice to b-school applicants on how to gain admission to top b-schools.
Chioma is the founder and CEO of EXPARTUS, an admissions consulting company that helps clients gain admission to their top school by developing a unique and compelling personal brand.
To get Chioma’s free MBA admissions report, “21 Mistakes to Avoid When Applying to Top MBA Programs”, visit www.expartus.com and sign up for a copy today.
