What Is a Part-Time MBA Program?
Many students who seek out Master of Business Administration (MBA) programs are working adults who want to advance in their education as well as their careers. Part-time MBA programs can accommodate these students by allowing them to keep their jobs while also earning a degree. Continue reading to find more information about a part-time MBA program.
Part-Time MBA Program Overview
Professionals might wish to obtain an MBA degree either for personal fulfillment or to advance in their careers. In many career fields, particularly those in the business world, having an advanced degree can help working professionals advance to roles in management. Some executive-level positions are only open to candidates who have an MBA. The following paragraphs will discuss the benefits and structure of a part-time MBA program.
Important Facts About Part-Time MBA Programs
|Online Availability||Offered in addition to in-class and hybrid programs|
|Possible Careers||IT Manager, Management Analyst, HR Specialist, Information Security Analyst|
|Prerequisites||Bachelor's in a related field|
|Continuing Education||Doctor of Business Administration|
|Median Salary (2018)||$83,610 (for management analysts)*|
|Job Outlook (2016-2026)||14% growth (for management analysts)*|
Source:*U.S. Bureau of Labor Statistics
Benefits of a Part-Time MBA Program
By offering courses in the evening and on weekends, a part-time MBA program is perfect for those who must maintain a 'nine-to-five' work schedule while they attend school. Weekend programs are ideal for students who regularly travel during the week for their full-time jobs. A part-time MBA program can typically be fully customized by the student, who can choose his or her workload each semester. A part-time MBA program offers all of the fundamental courses of a traditional MBA program, covering accounting, marketing, business economics, management and strategy. In addition, as in traditional programs, students can choose to focus on a particular area of study in a part-time MBA program.
Structure of a Part-Time MBA Program
It is possible to obtain an MBA degree in three to five years in a part-time MBA program, though some schools allow up to seven years to complete the program. A part-time MBA program can also be completed in as little as two and a half years. Many universities offer students the option of taking only evening classes or attending only weekend courses, though a combination of both is usually allowed.
In most cases, two courses are taken each quarter in a part-time MBA program. Programs are usually structured in 14-week terms. Part-time MBA programs taken on Saturdays are usually cohort programs, meaning students complete the program together as a group.