Part Time MBA programs are structured to suit professionals who cannot afford to quit their jobs in order to pursue the degree. They are available in various universities across the world. The idea is to find the most suitable course. So what are the advantages these courses have over full time courses? Are they equally valued in the job market? Let us see who the suitable candidates for part time MBA degree are.
You might be working in a corporate organization and are aiming for a promotion. If you have a Master's degree and your performance is satisfactory you are likely to be considered over those who do not have the degree. You might want to switch jobs but cannot take up a full time course to pursue the degree. You might not be able to afford the fees of a full time MBA degree. There are so many things that could drive you. Weigh the pros and cons of both before reaching a decision.
If you are taking up a part time course you can keep your job. That would ensure that the funds keep coming. If you are already paying of an educational loan this is sometimes the only option left. The thing about part time courses is that they focus on the education side of the course and cannot really focus on networking like full time programs. But, when you have a full time job you can always apply whatever you are learning in a real job setting. You cannot possibly learn so much in some training or internship.
Whether you take a campus based or an online part time program is up to you completely. While a full time program will take you 2 years to complete; it is often observed that students take anything from 3 to 5 years to complete these courses. That is usually because they have work and other personal commitments to take care of. Thus, a lot of people who cannot devote all their time in education and want to increase their educational qualification without having to give up on their jobs take these courses up.
The other advantage is also that the expense can be borne over a longer period of time. Lots of companies actually fund their employees to pursue part time MBA degree. Find out if you are working for such a company. Enquire about the criteria that make you eligible for that. Pursuing a part time course along with your job also reflects nicely on your career. Your employer will get the impression that you are dedicated and motivated.
You need to be committed to the course throughout. You should not let the fact that you have no fixed time frame make you lose focus. Finding the right course is also important. Consider all your options carefully. Evaluate the kind of opportunities these part time MBA courses are providing before deciding to invest. See if there are scholarship opportunities on the programs and if you are eligible to apply.