If you are applying for an MBA program, it means you are taking a big step in your life. It is a very crucial step which is going to be a turning point in your career. There are many different MBA programs to choose from and in different countries. So, the entire process might be quite confusing and you may not know from where to start. By going through this blog you will be in a position to choose the correct MBA program for you.
Full-time M.B.A Program:
The full-time MBA program is for those candidates who have 2 – 7 years of work experience. It requires the candidates to quit their job and give full time to studies. In U.S. A, the duration of the full-time M.B.A program is about two years. Many US-based business schools also offer accelerated, one year M.B.A program.
At the beginning of the first year, two years, full-time M.B.A program will facilitate networking. Some M.B.A program requires students to complete an internship during summer. There are chances that the internship turns into a job offer after the students gets graduate.
In the second year, the M.B.A program (full-time) is often dedicated to optional courses.
In U.K, Europe and some other parts of the world, the duration of the full-time M.B.A program is about one year. This one-year program doesn’t allow students to complete an internship. Normally, a consulting project is offered to students as an alternative to an internship.
Many students choose full time M.B.A program to change their career or a country.
Part-Time M.B.A Program:
The part-time M.B.A program is for those students who don’t want to quit their current job. This option is more flexible than a full-time M.B.A program. Part-time M.B.A programs are flexible and can last from anywhere, depending on how much time student is dedicated to his studies. Depending on the student’s schedule, most of the schools allow students to take courses on weekends or weeknights.
Students with a part-time MBA degree cannot expect the same kind of a career as the student with full-time MBA degree has.
Executive M.B.A Program (EMBA):
The executive M.B.A program is for those candidates who are geared towards specific kinds of profession or those who have considerable leadership experience. Students pursuing an EMBA program normally have 7 – 10years of work experience. The EMBA are also part-time with many scheduling options. Some schools offer classes on weekends, some in the evenings, and some offers modular scheduling options like one week in a month. These programs normally last for 16 to 22 months.
Online M.B.A program:
The online M.B.A program is for those candidates who need flexibility in terms of scheduling and geography. Most of the online MBA allows students to complete their coursework as per their own convenience and some are structured in a cohort format. These programs take 3 to 4 years to complete, although some can be completed in a shorter period of time.
In Online M.B.A Program, most of the classes are delivered through pre-recorded lectures and some programs are immediate lectures. For “synchronous “classes the students have to be online for specific times.
Although, online M.B.A allows students to pursue their course as per their own convenience, some business school offers community-building opportunity. Some schools require students to meet each other through webcams for an online discussion every week.
Blended M.B.A Program:
The Blended M.B.A Program is for those candidates who are working professionals with no desire to quit their current job. The blended M.B.A Program is the combination of Part-Time M.B.A Program and Online M.B.A. It involves online study with face to face sessions. This program includes face-to-face workshops for every semester, study-as-you-go online tasks and conversation in electronic forums.
Global or International M.B.A Program:
Global or International M.B.A Program is for those candidates who are pursuing careers in international business. This M.B.A Program is not an authorized category, but it is a very common designation for many MBA programs. It attracts higher percentage of international students and faculties. This program doesn’t concentrate on any one country’s business practices. During the course, many business schools offer students with the opportunity to rotate between different business schools.
Now, you have all the information about different type of M.B.A Programs. It’s now the time to sit with an MBA expert and confirm your choice. You also need to select two business schools to which you think you have chances of getting admission.