<p>I have been looking into the admissions rates for part time and full time mba programs and noticed that part time admissions rates were considerably higher. does anyone know why this is? </p>
<p>secondly, what are the main differences between full time and part time mba programs? (i.e. prestige, depth of knowledge, etc.) </p>
<p>and thirdly, does one need as much work experience to get into a part time mba program?</p>
<p>thanks,
danky</p>
<p>bump........................</p>
<p>My opinion is that most people that go to part time MBA programs end up going back to their same crappy job (with a pay raise). Maybe I'm wrong though. </p>
<p>Aside from that you don't have as much time to spend on the classes, but the classes are often times just as good. In a fulltime program your network is obviously stronger as you spend a ton of time with the others in the program (including "leisure" activities).</p>
<p>Vector -- I wouldn't say that their initial job is crappy. I'm working for a great Fortune 500 that will pay for my MBA and allow me to transfer to an area with a good school to get my MBA. Staying with them following completing a part-time MBA seems like my most logical avenue because I like my job, pays well (even better after an MBA), and has great benefits. They also have no required work commitment for tuition reimbursement -- meaning that the moment I graduated, I could quit and I wouldn't have to repay anything that they paid for my MBA. Sounds like a sweet deal to me. Maybe some of us lucked out with our "crappy jobs".</p>
<p>But they don't pay for your whole MBA do they?</p>
<p>Only certain classes that need to be pre-approved and relate to your job right?</p>
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Maybe some of us lucked out with our "crappy jobs".
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<p>Prior to attending business school, i went to a school's alumni event and met a bunch of alumni from a PMBA program. They had all returned to their existing Fortune 500 employer and were still there (3 to 7 years since graduation). None of them seemed extremely thrilled with their careers, and having worked for a Fortune 500 myself, I could certainly understand where they were coming from.</p>
<p>To me, it just seems like there are endless opportunities out their for MBAs and I've seen way to many people tied down by a company, where they obviously do not have the growth potential they would have if they tested the market.</p>
<p>I'm in a part-time MBA, and I don't work for a Fortune 500, but I have. And, the majority of ppl I knew at those Fortune 500's who got MBAs eventually left to other companies. Most of their complaints were that while they got the degree and they had the experience there just wasn't the room for advancement or there was too much competition. They could have waited, but there are no gaurantees in life.</p>
<p>IMO you should never devote yourself to only one company. Company loyalty is great as long as they are giving you what you want and you are giving them what they want. I have no intention on leaving my company when I get my MBA, but I am still going to take workshops on resume working, interview skills, and networking to get me some opportunities incase none are here when I want them.</p>
<p>but the part time MBA degree isn't looked down on is it? from the discussion, it seems like many choose to stay with their company after graduation. plus looking at the statistics, its no where near certainty that one would be hired right out of even harvard b-school (only 90.4% of the graduates had jobs at graduation according to usnews.com). so if people chose to remain at their jobs (that they may or may not like), its probably because its getting them paid decently.</p>
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but the part time MBA degree isn't looked down on is it?
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<p>I don't know how employers view it but i do look down it for a couple of reasons. 1. On average the applicants are weaker, and 2. The students dont have as much time to concentrate on the classes. In schools where PMBAs take classes with FTMBAs, I have heard the PMBAs are generally the weakest students, and I would think that is mainly a result of not having the time necessary to fully dedicate themselves to the classes.</p>
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its no where near certainty that one would be hired right out of even harvard b-school (only 90.4% of the graduates had jobs at graduation according to usnews.com).
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<p>It's pretty damn close to certain, and Harvard MBAs are generally not competing for the same jobs that PMBAs are competing for.</p>
<p>The only other point I would make is that PMBAs don't have the time to compete for many of the "top jobs." For instance, Investment Banks want you to show a lot of interest early in the process and meet with them on several occasions. Generally, if you don't live in NY, you will want to take a trip to NY just to meet with them. Then, many of the interviews will be in NY. Just this past week my buddy flew to New York twice and Houston once for IB interviews. </p>
<p>Consulting jobs also require a good amount of interaction with the employers and include case workshops that take place during the day and are only offered to FTMBAs (perhaps even limited to those in a consulting club). Additionally, in order to land a consulting job, one must spend an extensive amount of time studying case interviews. I know some who have done over 100 practice cases in order to prepare themselves for case interviews.</p>
<p>Considering that interviews are during the day, this is another difficulty PMBAs have. This is particularly true if you attend a branch school that is located in another city from the main campus.</p>