Candidates who join big companies, after completing graduation or a professional course, after a few years’ time often look for options that will give their career a big leap. And one program that almost guarantees a career boost is MBA. Now, since here we are talking about professionals trying to up-skill themselves with an MBA degree, the question that needs to be looked into is, ‘Which program should a professional enroll into, part time of full- time MBA’?.
If you do not want to take a break from your professional career at all then a part time MBA program is undoubtedly the best option for you. Moreover, with this type, of course, you can also save a lot of money as the part time courses are considerably cheaper than the full-time courses. If MBA is required for your professional growth then at times, even the employers come forward to sponsor the education. This is an added advantage. On the other hand, full-time MBA is a course that involves comprehensive training and learning and after completion of the course, there are high chances of getting a good job.
Here we shall see a few important features of both the programs so you can eventually decide which course to opt for.
- The admission procedure for the full-time MBA program is a lengthy process as a vast number of students apply for the course. The institutes conduct a detailed evaluation process in order to select the best candidates for the course. On the other hand, for the part time MBA courses, the candidate does not need to go through a lengthy selection and evaluation procedure.
- Getting into a part-time MBA course is much easier than a full-time course because the cut off marks required for the entrance exam is much lower. With an average entrance exam score, students can easily seek admission for part a time MBA program in the prestigious institutions. However, this is not the case for a full-time MBA program as here the institutes always ask for greater cut-off marks.
- Although both full time and part time MBA programs follow the same curriculum, the main difference that exists between both is flexibility. The part-time MBA programs offer weekday, weekend, week long classes which make the life of professionals easier. On the other hand, in the case of a full-time MBA program, the candidate is expected to attend the regular classes and attendance is considered to be of utmost importance.
- It is only with a part time MBA that you can continue to enjoy a steady flow of income as you can continue your job along with your studies. Moreover, professionals enrolled into the part time MBA program will have more job experience if they can continue working along with studies. However, for students who want to change their career path, like for example, from engineering to HR; getting into a full-time MBA program is a viable option.
- Part time MBA programs offer projects but not an internship. On the other hand, Internship is an important part of full-time MBA which allows the student to get due exposure in the industry.
- As most of the part-time MBA candidates are into some or the other profession; they will have a greater understanding of the concepts as they continuously get a chance to apply what they have learned in the practical setting. But a full-time MBA student will have to wait for the course to get over so that he/she can get a chance to apply the theories in the practical field.
- Campus placement is an integral part of full-time MBA and the top MBA colleges in India ensure that all their students are placed through campus recruitments. On the other hand, certain part-time MBA courses do not allow the candidates to take part in such processes.
After going through all these points you will definitely be able to choose the MBA course that will be ideal for you.