MET: Part Time MBA

MET: Part Time MBA

Is there a particular reason you are constantly overlooked for promotions on a consistent basis? Are you often questioning the veracity of how good you really are at your job? Is there some particular skill you find lacking in your professional life that may help in career advancement? If your answer to any of the aforementioned questions is yes, then a part time MBA may be just the programme to look into.

What is a part time MBA?

A part time MBA is a Masters inBusiness Administration Course for working professionals. Depending on the institution, it may be a 3 year course, with classes at such times as to fit in with a working professional’s schedule. This is particularly beneficial to full time, salaried individuals who are looking to upgrade their educational qualifications without taking a sabbatical from work.

What is the fundamental difference between a regular MBA and a part time MBA?

Other than the duration of the course and its teaching methodology, there are literally no differences between a full time and a part time MBA. The efficacy of the course lies in the teaching and absorption of the imparted knowledge and this is the main reason why many working professionals prefer doing an executive or part time MBA.

What are the benefits of a part time MBA?

Part time MBA has several benefits. The most salient of them are listed below.

1.      Networking Opportunities: Your classmates in a part-time MBa classroom will most likely be professionals like yourself. Proximity to fellow working professionals leads to bonding and this can go a long way in helping you further your own interests. As working individuals, you know that the best way to make a productive career move is through networking. Working together with these individuals will be the most productive ‘job interview’ you will ever give. This simply means that if you impress your peers, they could open doors for you.

2.      Career Advancement: Companies prefer promoting their own employees to positions of importance and your part time MBA is a ticket into the big time. Most students who complete a part time MBA are known to make a vertical leap in terms of their career shortly after having completed their degree.

3.      Company reimbursement: Many companies look upon a part-time EMBA as part of their rewards, training and incentives package. A company investing a sizeable portion of money in you therefore, will be expecting results, which basically means that whenever there is talk of a promotion, your name will automatically be thrown into the mix. In case your company does not have this as a matter of policy, remember to look at a part-time MBA as an investment, rather than an expense. In a recent survey, it was found that people who did complete a part-time MBA were able to pay off an education loan they’d taken for the purpose in a matter of 3 years of their graduation, despite maintaining a more than comfortable lifestyle.

4.      A positive impression: Always remember that an impression always goes a long way in life and the fact that you are pursuing a part-time MBA will only add a sheen to your resume. Not only will people think of you as intelligent, but the professional degree your pursuing will also open doors for you in the future.

Education is an investment that never goes to waste. This simply means that however ‘expensive’ you may perceive a part time MBA to be, it is always worth the returns