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What is coforge level 3???
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PT is to check a box at your current company. The vast, VAST majority of PT MBA programs let nearly anyone in with half decent work experience and the ability to pay. For FT only really the Top 15-20 programs are worth it and provide unique opportunities and a lifelong network.
Rising Star
@OP see my post below - unless you’re staying at your current company like D1 said, go full-time
Rising Star
You’re going to get a lot of conflicting answers here, and that makes sense - this is entirely dependent on your current situation and your goals.
My 2 cents (background: non-target undergrad, 4 years work experience before ~T10 MBA, then exit to typical post-MBA consulting role - also did internships in IB and Corp dev)... if you are getting the MBA because you have been told you’re getting a promotion by your current employer once it’s done, then it really doesn’t matter (obviously, part-time has the benefit of allowing you to keep working). Likewise, if you want to stay in the same career and just need an MBA to boost credibility, part-time will work just as well as full-time.
However, if you’re trying to make a significant career change (jump to MBB, B4/tier 2, move to IB, big tech, etc), not only would I strongly encourage you to go full-time, but go to at least a T20, if not T15. You’re going to get responses saying “well xyz I know went part-time/T30 and is a top performer at McKinsey/Goldman”... yes, there’s always the outliers. But statistically, you have a MUCH better chance of making that kind of move from a full-time T15 program than a part-time or lower ranked school. Not only is it crucial to be able to focus 100% on recruiting, but the simple reality is that admissions stats are typically much tougher for full-time programs - as such, IB, MBB/T2/B4 consulting, FAANG, etc take far more MBA grads from full-time programs. In fact, many T20 schools (my alma mater included) either bar part-timers from on-campus recruiting being provided for full-time students (aka all the companies you probably want to work for), or make your wear some kind of name tag to denote that you’re not full-time. The top priority at most of these schools is maintaining the exclusivity of the full-time “flagship” program. While a couple part-timers managed to land IB/consulting internships along with my full-time class, the vast majority failed to even get interviews.
So in short - if staying on a similar career path, but looking to enhance credentials or obtain degree needed for promotion, go part-time. If making a major career switch and targeting “top tier” companies, go full-time, no question.
Thank you! I appreciate your post! Just to give you a bit of insights about me. I graduated with a masters 2017 ( computer technology systems) not a target school. I’m currently working as a technical consultant. I have about 3 years full time experience. I recently applied this top business school ( ranked top 10) part time in the states and (ranked top 20) full time mba program. I just finished my mba interview today. I am a bit regretting that I applied part time instead of full time program. As I’m unsure what I would like to do after post - mba to be honest. I would like to exit consulting for sure. Too much traveling and no time for my personal life at all.
Made a huge career change from nonprofit work to consulting by going PT MBA while working full time. Did study abroad programs, built a network, did on campus recruiting, got multiple offers. I have no loans... it’s all what you put into it!
What pt program?
As a few people have mentioned, there's not going to be a concensus here.
My experience: had 10 YOE in industry when I started my PT MBA. Goal was to get ahead in then-current firm. Consulting was not even in the equation. Graduated 4 years later with an on-campus offer from Deloitte.
I would never do a FT MBA. Loved the experience of PT MBA. Made great friendships. Learned stuff that I wouldn't have otherwise. All the while working FT. Recouped the entire cost of MBA with signing bonus and first year pay.
Rising Star
Can confirm what D1 said, my alma mater is in that list and barred PT MBAs from on-campus recruiting
If you can afford it and have great scores to get in and/or change your career then go for FT but honestly I think PT is not as sexy but will be just fine