The Scope Of Part Time MBA

Today many institutes in India provide regular MBA and PGDM programs, however, it is just not possible for everyone to pursue the management programmes through the regular classroom education mode, with the program period of 2 years or so. For them, the part time MBA program is a good option to chase their dream of MBA. Accordingly, lots of MBA universities have started providing the part time MBA program in India.  Career growth through the part time MBA is increasing fast. Besides, PG Diploma in the Management (or Executive Management) is the rigorous, relevant and demanding programme for working executives that have got no prior exposure in formal management learning.
Key Attributes About Part Time MBA Program:
Some key functions of pursuing the part time MBA course from the top MBA colleges include:
  • Convenient: As classes are actually held on the weekends and outside business hours at weekdays doing a part time MBA is flexible compared to the full-time MBA course.
  • Curriculum: The part-time MBA course has a similar curriculum of the Full-Time MBA.
  • Networking: It is an essence of the MBA program & part time MBA provides high opportunities for networking in your current organization & with other professionals that you meet through your course.
  • High Return of Investment: The large part of the professionals might not be able to pay the fee of the full-time MBA program. Therefore, the part-time MBA program is much cheaper and economical
  • Attractive: By adding an MBA degree all along in your current job profile is an attractive feature to peruse the part time MBA program

Benefits of Doing the Part Time MBA Program
Suppose you are the working professional, you have very less time, want to get more by not spending much, looking to have good career growth in your organization, part time MBA program is the good proposition:
  • Low Fee: The fee for your part time MBA program is much low than full-time MBA and as you are pursuing your MBA all along with your Job, you will earn when pursuing your part-time MBA degree.
  • Flexible: As classes are held every weekend and outside business hours at weekdays this MBA program is highly flexible compared to the full-time MBA.
  • Exposure: As you are pursuing your MBA with your Job, you can apply and polish your managerial abilities with your part time MBA
  • Career Growth: The part-time MBA allows you to evaluate if career growth that you are thinking about is in line with the industry demand or not, as well as helps you to develop necessary skills when you hold down the job.
  • Learning: Normally, faculty for the part time MBA program is the same and at par with full-time MBA course in any institute, thus learning experience will be similar to a full-time MBA.
Drawbacks To Look At When Going For Part-Time MBA
Even though, MBA and equivalent qualification puts the candidate in fast-track work profiles where they will have to interact with the customers as well as drive more business goals by putting themselves on the growth path, you can lose interest in doing an MBA because of the longer period of the part time MBA will feel tired after your working hours, will not get much benefits of the peer learning & above all top corporates might not give much weight to your part time MBA program. The above points shared might go against doing your part time MBA program if you may do regular two years of full-time MBA
  • Exhaustive: Working when pursuing the part time MBA program can be very exhaustive at times and tedious to balance the things at the same time.
  • Longer Period: Normally, the part time MBA course is spread above the duration of three years; the duration of this program is longer compared to two years of full-time MBA and 1 Year EMBA.
  • Higher Dropouts: The institutes have observed a large number of the dropouts during their course of the part-time MBA course. Not all candidates can commit or adapt to this learning through the distance setup.
  • Reputation in Corporates: Normally, the full-time MBA course is highly preferable compared to the part time MBA course while recruiting candidates with similar roles and profile.
  • Less On-Campus Experience: In spite of having a similar curriculum, the part-time MBA program lacks rigor and other important benefits of the full-time MBA program. The students lose out on their productive classroom sessions as well as interactive discussions with their peers.
Fees Structure of Part-Time MBA
The fees of part time MBA will be lesser than the regular or full-time MBA fee. The fee will range from Rs. 9.73 lakhs for part time MBA and full time two years of PGPM will be Rs. 21.34 lakhs.
Course Duration for Part Time MBA
PGDM or Part Time MBA is generally spread over from two to three years with the weekend and evening classes at your college campus.  
Placements for Part Time MBA
The part time MBA program, despite being of the current origin has actually become the preferred programme for the working professionals. Lots of working experts after completing the course switched to entrepreneurship that is considered as a best MBA placement. Thus, for people who want to embark on the Entrepreneurship with the managerial skills, the part time MBA will prove as the good option.
The goal of selecting the part time MBA program is highly focused on managerial skill improvement without quitting your current job than seeking fresh Placements. Even though many candidates, particularly working professionals who don’t want to quit their jobs, are selecting part time MBA, career growth after the completion of their part-time MBA program lies more in the company where you are currently working since you get some added qualification.

MBA colleges providing part time MBA course, however, don’t organize any placement seasons for the part-time MBA and placement help is not much significant. But, Part-Time MBA program in India from the good MBA university is considered on a par in career growth since it gets approved by UGC/ AICTE.

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