Before going into details about the differences in full-time MBA and part-time MBA let us first understand why an MBA is important for career growths. If you are working in some company where you have reached a level beyond which no further growth is possible, a degree in MBA will help you in restarting your journey towards sky-high career opportunities. An MBA will initiate your critical and logical thinking which will help you to take professional decisions.
Full-Time MBA
Most of the time, a full-time MBA is done either by students who graduated recently or by professionals who are ready to distance themselves from earning money for 2-3 years. The age group opting for a full-time MBA are majorly between 23-30 years. A full-time MBA requires hardcore commitment as learners need to attend classroom learning. If required they also need to stay in the college hostels.
Part-Time MBA
Part-time MBA can be done either by Executive MBA programs or part-time learning programs. In Executive MBA or EMBA candidates are generally in the age group of 32-42 years and have years of work experience in executive or leadership roles. The part-time learning programs are opted by working professionals of the age group 25-30 years who do not hold any leadership position.
What are the Benefits of Full-Time MBA?
1. In full-time MBA programs, students are always surrounded by professors, peers and learning materials. They do not get distracted easily during their course tenure.
2. A full-time MBA course is completed in within the mentioned time during which a student gather all the skills that are needed for work.
3. As a student attends a college or university for pursuing a full-time MBA, they get the advantage of on-campus recruitment where top companies hire them in managerial posts.
What are the Benefits of Part-Time MBA?
1. Many choose part-time MBA over full-time because it offers them to continue the job they are doing. They either complete the course through distance learning or attend classroom after work in weekdays or on weekends.
2. Part-time MBA learners who are working in mid-level management positions get the opportunity of promotions to higher management positions. Often the companies where the candidates work fund their education.
3. Part-time MBA courses can also be done through distance learning. So, the learners have the benefit of learning at their own pace and completing the course as quickly as possible.
Part-time MBA and Full-time MBA both will have its own advantages and disadvantages. But depending on the factors like course curriculum, time, college and career growth one can choose the suitable course. While Full-Time MBA offers the most important benefit – Placement Assistance, part-time MBA courses also allow the students to continue their job. While pursuing part-time a student excels in job and shines in part-time academics, then that student have the opportunity of making a glorious career!
Courtesy: Highereducation Review