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650
Avg. GMAT
29
Avg. Age
$ 88K
Avg. Cost of Study
24 – 36Â
Avg. Months DurationÂ
$ 110K
Avg. Salary
Part-time and weekend MBA programs cater to working professionals seeking career advancement without the need to leave their current jobs, offering a curriculum and networking opportunities comparable to full-time MBA programs while affording a more accommodating schedule.
Opting for a part-time or weekend MBA presents several compelling reasons: Firstly, it enables individuals to sustain their income and work experience by permitting them to work full-time alongside pursuing their degree, facilitating the immediate application of newfound knowledge to their current job roles. Moreover, many part-time and weekend MBA students experience career progression, including promotions and salary increases, even before completing their studies, as employers highly value the skills and insights MBA graduates bring.
These programs also offer an extensive network of professional contacts, mirroring the networking potential of full-time MBA programs allowing students to connect with peers, faculty, and alumni who can prove invaluable for their careers. Additionally, many prestigious business schools provide part-time and weekend MBA options, eliminating the need for job displacement or relocation to earn a respected MBA qualification.
Notably, these flexible and cost-effective MBA options have experienced a 10% increase in enrollment rates in recent years, reflecting their rising popularity. For working professionals aspiring to advance their careers, part-time or weekend MBA programs offer an attractive pathway. It’s essential to carefully evaluate your specific needs and objectives while researching various institutions before selecting your program.
When deciding whether to pursue a part-time or weekend MBA or a traditional MBA, there are a number of factors to consider, including your career goals, financial situation, and work-life balance.
The best type of MBA program for you depends on your individual needs and goals. If you’re a working professional who wants to advance your career without leaving your job, a part-time or weekend MBA program may be the right choice for you. A traditional MBA program may be the better option if you’re a recent college graduate or early-career professional who wants to change careers or accelerate your career.
Here are some additional things to consider when making your decision:
— Ultimately, the best way to decide which type of MBA program is right for you is to talk to current and former students, visit different schools, and compare programs carefully.
The course structure for a part-time and weekend MBA program will vary depending on the school, but most programs will include the following:
These courses cover the essential business fundamentals, such as accounting, economics, finance, marketing, management, and statistics.
These courses allow students to specialize in a particular area of business, such as finance, marketing, or healthcare management.
This project is an opportunity for students to apply what they have learned in the program to a real-world business challenge.
In addition to coursework, many part-time and weekend MBA programs also offer students the opportunity to participate in extracurricular activities, such as case competitions, networking events, and international exchanges.
Part-time and weekend MBA courses are typically delivered in a mixed format, with a combination of online and in-person instruction. Online courses allow students to learn at their own pace and schedule, while in-person classes allow students to interact with their classmates and professors face-to-face.
The curriculum structure for a part-time and weekend MBA program will vary depending on the school, but most programs will be structured as follows:
Students typically take two to three courses per semester. Classes are typically held on evenings and weekends, and some programs also offer online courses.
There are many benefits to pursuing a part-time and weekend MBA, including:
— If you are a working professional who is interested in pursuing an MBA degree, a part-time and weekend MBA program may be a good option for you.
$ 60,000Â
Avg. Tuition Fee
+Â
$ 18,000
Avg. Living Cost
+Â
$ 10,000
Additional Charges
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.
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.
Some part-time and weekend MBA programs may have additional requirements, such as:
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:
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 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 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.
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 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-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:
Employed within 3 months of graduation
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.
University | Details | Suggested |
Chicago Booth School of Business | Duration:Â 36 months Avg. Working Experience:Â 10 years* Tuition Fee:Â approximately $49,000 Location:Â Chicago, Illinois | Chicago Booth Part Time MBA Overview |
Ross School of Business | Duration:Â 24 months Avg. Working Experience:Â 12 – 24 months* Tuition Fee:Â $ 143K – $153K Location:Â Ann Arbor, Michigan | Michigan Ross Part Time MBA Overview |
Kellogg School of Management | Duration: 12 – 48 months Avg. Working Experience:Â 6 years* Tuition Fee:Â approximately $205K Location:Â Evanston, Illinois | Kellogg Part Time MBA Overview |
NYU Stern | Duration: 2 – 6 years Avg. Working Experience:Â 1 – 10 years* Tuition Fee: $170,380 Location: New York Coty, NY | NYU Stern Part Time MBA Overview |
Indian School of Business | Duration:Â 36 months Avg. Working Experience:Â 11 years* Tuition Fee:Â $70,189 Location:Â Hyderabad, India | ISB PGP Pro Part Time MBA Overview |
Haas School of Business | Duration:Â 36 months Avg. Working Experience:Â 8 years* Tuition Fee:Â $3,708 per unit (42 units required for graduation) Location:Â Berkeley, California | Berkeley Haas Part Time MBA Overview |
Nanyang Technological University | Duration:Â 18 months Avg. Working Experience:Â 9.5 years Tuition Fee:Â S$81,750 Location: Singapore | Nanyang Professional MBA (Part Time) Overview |
Scheller College of Business | Duration: 24 – 36 months Avg. Working Experience:Â 7 years* Tuition Fee:Â $66K – $68K Location:Â Atlanta, Georgia | Scheller College of Business Evening MBA Overview |
We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
Step 1
GMAT / GRE Score
2-3 months.
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.Â
Step 2
Profile Evaluation
 1-2 weeks.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
Step 3
Application Prep
3-4 weeks at least.Â
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
Step 4
Interview Prep
1 week
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
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.
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