Would you like a Free Profile Evaluation?

Part Time MBA: Detailed Overview

Table of Content

650

Avg. GMAT

29

Avg. Age

$ 88K

Avg. Cost of Study

24 – 36 

Avg. Months Duration 

$ 110K

Avg. Salary

What is a Part Time & Weekend MBA?

A Part-Time and Weekend MBA program is designed for working professionals who want to pursue a Master of Business Administration (MBA) degree while continuing to work full-time during the week. This type of MBA program offers classes primarily during evenings, weekends, or online, allowing students to balance their work commitments with their studies. Part-Time and Weekend MBA programs typically cover the same curriculum as full-time MBA programs but are spread out over a longer duration, often spanning two to five years, depending on the program structure and pace chosen by the student.

These programs offer flexibility in scheduling, making them ideal for individuals who cannot commit to a full-time, on-campus MBA program due to work or other obligations. Students in Part-Time and Weekend MBA programs often benefit from networking opportunities with other working professionals and faculty members, as well as the opportunity to apply what they learn in the classroom directly to their work environments in real-time, enhancing their professional skills and advancing their careers while earning their MBA degree.

Top 8 Colleges for Part Time MBA in the World

UniversityDetailsSuggested
Chicago Booth School of Business

Duration: 36 months

Avg. Working Experience: 10 years*

Tuition Fee: approximately $49,000

Location: Chicago, Illinois

Chicago Booth Part Time MBA Overview
Ross School of Business

Duration: 24 months

Avg. Working Experience: 12 – 24 months*

Tuition Fee: $ 143K – $153K

Location: Ann Arbor, Michigan

Michigan Ross Part Time MBA Overview
Kellogg School of Management

Duration: 12 – 48 months

Avg. Working Experience: 6 years*

Tuition Fee: approximately $205K

Location: Evanston, Illinois

Kellogg Part Time MBA Overview
NYU Stern

Duration: 2 – 6 years

Avg. Working Experience: 1 – 10 years*

Tuition Fee: $170,380

Location: New York Coty, NY

NYU Stern Part Time MBA Overview
Indian School of Business

Duration: 36 months

Avg. Working Experience: 11 years*

Tuition Fee: $70,189

Location: Hyderabad, India

ISB PGP Pro Part Time MBA Overview
Haas School of Business

Duration: 36 months

Avg. Working Experience: 8 years*

Tuition Fee: $3,708 per unit (42 units required for graduation)

Location: Berkeley, California

Berkeley Haas Part Time MBA Overview
Nanyang Technological University

Duration: 18 months

Avg. Working Experience: 9.5 years

Tuition Fee: S$81,750

Location: Singapore

Nanyang Professional MBA (Part Time) Overview
Scheller College of Business

Duration: 24 – 36 months

Avg. Working Experience: 7 years*

Tuition Fee: $66K – $68K

Location: Atlanta, Georgia

Scheller College of Business Evening MBA Overview

Part Time & Weekend MBA: Course Details

Part-Time and Weekend MBA programs offers a curriculum that covers core business disciplines along with elective courses for students’ career interests and goals. While specific course details may vary depending on the institution and program, here are common components found in many Part-Time and Weekend MBA programs:

  1. Core Business Courses: These foundational courses cover essential business topics such as accounting, finance, marketing, operations management, organizational behavior, and strategic management. They provide students with a solid understanding of fundamental business concepts and principles.

  2. Specialized Electives: Part-Time and Weekend MBA programs often offer a variety of elective courses that allow students to delve deeper into specific areas of interest or specialization within the field of business. These may include courses in areas such as entrepreneurship, business analytics, consulting, supply chain management, healthcare management, or sustainability.

  3. Leadership and Professional Development: Many programs include courses or workshops focused on leadership development, communication skills, negotiation techniques, and other professional skills essential for success in today’s business environment. These courses aim to enhance students’ leadership abilities and prepare them for management roles.

  4. Experiential Learning Opportunities: Some Part-Time and Weekend MBA programs incorporate experiential learning components such as case studies, simulations, consulting projects, or internships. These hands-on experiences allow students to apply theoretical concepts learned in the classroom to real-world business situations, gaining practical skills and insights in the process.

  5. Capstone Projects or Final Integrative Experiences: Towards the end of the program, students may be required to complete a capstone project or participate in a final integrative experience that synthesizes their learning from throughout the program. This may involve working on a strategic business project, solving a real-world business problem, or developing a comprehensive business plan.

  6. Flexible Delivery Formats: Given the part-time nature of these programs, courses are typically offered in the evenings, on weekends, or online to accommodate the schedules of working professionals. This flexibility allows students to balance their academic pursuits with their professional and personal commitments.

Part Time & Weekend MBA: Fee Structure

$ 60,000 

Avg. Tuition Fee

$ 18,000

Avg. Living Cost

$ 10,000

Additional Charges

88,000

Avg. Cost of Study

The cost of a part-time or weekend MBA program varies based on the institution and the country of study, typically ranging from $30,000 to $110,000 for a two-year program, encompassing tuition and fees.

In addition to these academic expenses, you should budget for living costs, which average around $1,500 per month for international students in the United States, covering housing, food, transportation, and other necessities; this is around $18,000 annually.

International students may also encounter supplementary charges like visa fees, health insurance, and international student support services fees, so it’s advisable to inquire with your chosen institution for any additional fees.

Fortunately, various financial aid avenues are available, including scholarships, loans, and grants, for part-time and weekend MBA students to explore. While the investment in an MBA program can be substantial, it often leads to higher earning potential and opens doors to career advancement, making it a valuable long-term investment in your professional journey.

Wondering if you can target this school?

Free Profile Evaluation Workshop

Join our live workshop and

Get all your profile related questions answered. 

Ameer khatri Portrait 2

Part Time & Weekend MBA: Scholarships Options

Many different types of scholarships are available to part-time and weekend MBA students. Some of the most common types of scholarships include:

Merit-based Scholarships

Merit-based scholarships are granted to students based on their academic excellence and achievements. This typically includes factors like undergraduate GPA, standardized test scores (such as the GMAT or GRE), work experience, and leadership skills. Recipients of these scholarships have demonstrated outstanding potential for academic success and leadership within the MBA program.

Need-based Scholarships

Need-based scholarships are designed to support students with demonstrated financial need. Eligibility for these scholarships often relies on factors such as family income, financial obligations, and assets. Need-based scholarships aim to make higher education more accessible for students facing financial barriers in pursuing an MBA.

Employer-sponsored Scholarships

Some companies provide employer-sponsored scholarships to employees pursuing an MBA degree. These scholarships are often part of an organization’s commitment to employee development and retention. Employees selected for these scholarships can further their education while maintaining their current job, often with a commitment to return to the company after completing the MBA.

Diversity Scholarships

Diversity scholarships are awarded to students who represent underrepresented or diverse backgrounds, including but not limited to women, minorities, veterans, and individuals from various cultural, ethnic, or social backgrounds. These scholarships aim to promote diversity and inclusion within MBA programs and the broader business community.

Industry Scholarships

Industry-specific scholarships are tailored for students interested in pursuing a career within a particular industry or sector, such as finance, healthcare, technology, or other specialized fields. These scholarships may be sponsored by organizations or associations related to that industry and are often accompanied by specific criteria or requirements related to career goals and aspirations.

Here is a list of some scholarships you should look into:

Part Time & Weekend MBA: Career Prospects

92%

Employed within 3 months of graduation

110,000

Avg. Salary

The Key Employment and Salary Statistics indicate that Part-time MBA graduates enjoy robust career prospects. According to a 2022 Graduate Management Admission Council (GMAC) survey, 92% of part-time MBA graduates secured employment within three months of graduation, showcasing strong employability, though slightly lower than full-time MBA graduates (96%).

These graduates also command competitive average starting salaries, with the 2022 GMAC survey reporting an average starting salary of $110,000 for part-time MBA graduates, surpassing the earnings of those with only a bachelor’s degree. Part-time MBA graduates access a diverse array of career opportunities spanning industries like consulting, finance, marketing, and operations management, with many opting for entrepreneurial ventures.

To succeed in a part-time MBA program, planning meticulously, managing time effectively, and maintaining organization to keep track of assignments and deadlines are crucial. While part-time MBA programs offer a path to career advancement, prospective students should be aware of both their advantages and challenges before embarking on this educational journey.

Part Time & Weekend MBA: Eligibility Criteria

The eligibility criteria for part-time and weekend MBA programs vary from school to school, but there are some standard requirements that most schools have.

Common Eligibility Criteria

  • Bachelor’s degree: All part-time and weekend MBA programs require applicants to have a bachelor’s degree from an accredited institution.
  • Work experience: Many part-time and weekend MBA programs require applicants to have at least two years of work experience. This experience helps students to get the most out of the program and to apply what they are learning in the classroom to their jobs.
  • GMAT or GRE scores: Most part-time and weekend MBA programs require applicants to submit scores from the GMAT or GRE. These standardized tests are used to assess applicants’ quantitative and analytical skills.
  • English language proficiency: International students are typically required to submit scores from an English language proficiency test, such as the TOEFL or IELTS. This test ensures students have the English language skills necessary to succeed in the program.

Additional Requirements

Some part-time and weekend MBA programs may have additional requirements, such as:

  • Letters of recommendation: Many programs require applicants to submit two or three letters of recommendation from academic or professional references.
  • Personal statement: Applicants are typically required to write a personal statement that explains their career goals and why they are interested in pursuing an MBA.
  • Interview: Some programs may require applicants to interview with a member of the admissions committee.

Tips for Meeting the Eligibility Criteria

Meeting all the eligibility criteria is essential to increase your chances of being accepted into a part-time or weekend MBA program. Here are some tips for the same:

  • Get a good GPA in your undergraduate studies. A strong GPA shows that you are a capable student and prepared for the rigors of an MBA program.
  • Gain work experience. Work experience will help you to get the most out of the program and to apply what you are learning in the classroom to your job.
  • Prepare for the GMAT or GRE. The GMAT and GRE are standardized tests used to assess applicants’ quantitative and analytical skills. You can prepare for these tests by taking a test preparation course or by using online resources.
  • Improve your English language skills. If you are an international student, improving your English language skills is important before applying to an MBA program. You can do this by taking an English language course or practicing English with native speakers.

FAQs about Part Time & Weekend MBA

Yes, that’s one of the primary advantages of these programs. Part-Time and Weekend MBA programs are structured to allow students to continue working while studying. The flexibility in scheduling classes during non-working hours makes it feasible to balance both commitments.

Effective time management and careful planning are essential. Creating a well-structured schedule that allocates time for work, school, and personal life is the key. It’s also advisable to seek support from family and friends, and some schools offer resources like time management workshops to assist students.

Yes, many institutions and external organizations offer scholarships specifically for part-time and weekend MBA students. These scholarships can be merit-based, need-based, industry-specific, or related to diversity. Applicants should thoroughly research scholarship opportunities and apply for those they qualify for.

While part-time and weekend MBA students may have less time for extracurricular activities and networking events, many programs still provide ample opportunities to network with peers, faculty, and alumni. It’s essential to actively participate in networking activities to make the most of your MBA experience.

Employers generally value the skills and knowledge gained in Part-Time and Weekend MBA programs, as they simultaneously recognize the commitment and dedication required to balance work and education. While full-time MBAs may have more extensive networking opportunities, part-time and weekend graduates often demonstrate practical experience and the ability to apply their learning immediately.

What Our Clients Say

What Can We Do For You?

Profile Evaluation

Take our Free Profile evaluation and figure out your strengths and weakness

Application Prep

We help guide our clients through the entire application journey

Interview Prep

Need Help with your Interview Prep? We got you covered via mock interviews

Free

Profile Evaluation Workshop 

With Ameer

Want to get your profile evaluated?

Open chat
Hi,
This is Ameer
Do you any questions?