Part Time MBA
The number one reason why part-time matriculants choose their programme is that it allows them to continue working.
There are 2 main formats for part-time programmes:
- Regular part-time
- Modular MBA
Regular format: Consists of 1-2 demanding evenings a week in class plus approximately 15 hours a week for individual study, preparation and group work.
Modular MBA: Modules lasting from one week to one-month on-campus, alternated with lengthy periods spent off-campus in the workplace. A Modular MBA consists of distance
learning elements: via Internet-based technologies schools keep in contact with students during their time back at work and there is much online learning during these periods.
2 types of courses: core courses and electives. In comparison with a full-time MBA, the difference may include a smaller range of electives and less academic elements such as foreign trips, project work and in the field management development.
As a rule, regular part-time programmes are local. Modular MBA programmes often require studying on several campuses.
- Accessible to young professionals
- The cost of an MBA can be spread over a long period of time
- Flexibility of curriculum
- Modular MBA allows you to study abroad
It is a challenge to balance study, work and personal life.
In Europe, 2-3 years on average and in the U.S, 3-4 years.
15,000 to 60,000 euros. To complete a modular MBA, tuition fees don’t include accommodation and transportation expenses.
University degree, GMAT, TOEFL, minimum 3 years of work experience, essays, interviews.
54 percent of MBA part-time students in the world are sponsored by their employers; 64 percent of students in Europe; 58 percent in North America and 33 percent in Asia and Australia ("Which MBA?", 2005).
- Restricted or no access.
- Full access: employers are interested in part-time students because they have a wealth of experience..