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Part time is only worth it if you’re not looking for a career change and simply want it for the career level advancement
Booth PT student right here. To sum: PT classroom experience exact same as FT classroom experience. Less debt with PT than FT, but more challenging to network with students outside of class
When you’re done, your LinkedIn profile will say you’re an MBA from either school regardless of FT/PT. However, if you go part-time, my guess is you will have less access to the companies that come to campus for recruiting. You’ll still have some, but most companies want “free agents” and the general assumption is that part time candidate pools won’t have as many free agents in them
Going to MBA full time was one of the best times of my life. Beyond acceptance rates... just consider the quality of life. Also... 2 years of experience for MBA seems low. Are you sure you are ready? The MBA offers a one time only chance to make a big career shift. Do you know what you want that shift to be?
I did the Executive MBA at Kellogg which is ‘part time’ with a twist. Company typically sponsors the attendees, as a result your classmates are the high performers and more mature / Executives who bring real world experience. The professors were all department heads (I.e. some of the best professors) who claim the spots because they want a shot at consulting gigs and / or see these folks as the best way to build a network. Also very easy to network since you are spending weekends with your class and other classes that overlap. Not easy on your liver if that is a consideration.
Thank you for all of your responses! I want to stay in consulting, so getting the MBA after only 2 years makes sense to me (why not get the salary bump earlier if I receive admission?). It seems like the main trade-off is networking/recruiting opportunities/lifestyle (FT) vs. less debt/higher chances of getting accepted to M7 (PT). Difficult to see which has priority.
OP does your firm automatically give pay bumps to those with mbas? Also keep in mind that part time programs take longer to complete
Most Executive Programs are same time as full time start to finish and still include summer and winter breaks similar to the full time schedule. The part time programs are the ones that are a minimum of 3 years. As an EMBA, I can tell you the two years are reallly hard on you while managing a consulting lifestyle but when I look back, I couldn’t imagine being in it for 3 years. Also the weekend residency component of the executive program gives you an in between option between FT and PT in that you spend 3-5 nights together each month plus the 10 day residencies that happen once a semester ( and probably a 10 day international trip at some point). You will not get exposure to firms coming to campus to recruit unless you go out of your way to get your resume in or just sign up for the till time events (which are not convenient for those working full time consulting gigs)
Yeah get more experience
I loved my part-time MBA and I was able to use my work experiences for my papers. But you do have to be disciplined to take not have a life and to study instead. I figured out my flights were my favorite time to study.
SC1, do you think it’s worth it?
At Booth? Absolutely. At another school? Debatable