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November 17, 2017 @ 05:42 PM

November 17, 2017 @ 05:42 PM

K. J. Somaiya Institute of Management Studies and Research, Mumbai

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Which MBA Program Type is Right for You?

MBA Program

If only choosing which MBA to go for were as carefree as rummaging for the best candy in a pick-n-mix. It can, however, be just as delightful. Today, there is a splendid global selection of MBA program options available. Not just in terms of curricula and electives, not to mention location, but also length, delivery and intensity. Something, in short, to suit everybody.

Having an extensive range of MBA program opportunities, no more than a Google search away is terrific, but the process of making the final choice can be daunting.

Let’s take a look at the various MBA program types, or formats on offer. It is important to point out that the differences between one MBA program type and another are not always clearly delineated – there’s a lot of flexibility and overlap.

MBA program types: the basics

The full-time MBA program

The full-time MBA is pretty much what it says on the tin. Participants of this program opt to either leave, or shelve their jobs, for between 10 and 24 months to take the full-MBA study plunge. Three program subtypes fall under the full-time umbrella. They are:

  • The two-year MBA: Common in North America, this provides students with a summer internship opportunity halfway through the program. Participants of this longer program tend to have more opportunities to explore program electives, useful for career changers. Candidates tend to have less workplace experience.
  • The one-year MBA:  A more intensive, condensed option, better suited to those who have a clearer idea of their desired outcomes. There might be a greater focus on real-life projects and simulations. This is a format which is particularly popular in Europe, with more functionally-confident candidates enrolling slightly later in their career.
  • The accelerated MBA:  A midway option, predominantly found in North America (hence accelerated rather than extended). These are aimed at candidates who are confident in the functional core modules, and do not need to study them as rigorously.

The part-time MBA

The part-time MBA degree is a full-time program equivalent studied over a longer period – often flexible. Students can continue in employment as classes are held during evenings, or over weekends. Traditionally these programs would require you to be on-campus for classes, so would be best suited to candidates who live in relatively close proximity to the school.

The distance online MBA

The distance online MBA (they bear all sorts of names) is also a part-time degree, usually undertaken by students who want to remain in their current job role. For the majority of the program, participants study course materials via a designated software platform, and will interact with professors, mentors and peers using video conferencing, discussion threads, email and so on. Reputable programs are usually not conducted entirely remotely, featuring an on-campus requirement. This can be a residential leadership week at the beginning of the course, for example, or projects, events or conferences later on.

Want to know which are the best online MBAs? Check out the QS Distance Online MBA rankings.

The executive MBA (EMBA)

The executive MBA is geared toward more senior professionals who want to combine their work with further study. Traditionally, they would be company sponsored, though recent years have seen an increase in self-funded candidates. The average executive MBA candidate in 2016 was 38 years of age.

This part-time degree is usually offered in a modular format, where students can attend classes over a set number of intermittent residential weeks, or over weekends and evenings. EMBA programs can be fast-tracked so that they are completed in as little as 18 months, or studied over a longer duration. 

An alternative is the global executive MBA (GEMBA), ideal for participants focused on conducting business on a multinational level. This MBA program type gives students the opportunity to study and get engaged in work projects cross-continentally – often visiting as many as six or seven countries over the duration of the program.  

Candidates can additionally apply to an increasing number of joint executive MBA programs. These courses are a collaboration between two or more leading business schools.  

Speak to admissions directors from top business schools to ascertain which is the best format for you at the QS World MBA Tour in India from 26th November to 7th December in a city near you. Register online today at www.topmba.com/mbarendezvous

Written by Karen Turtle

Source: Topmba.com

Crucial Dates, You Should not Miss

Manav Rachna International Institute
of Research

Admissions Open for all MBA programme at Manav Rachna International Institute of
Research and Studies.
CII School of Logistics Amity University, Delhi and Mumbai
Admissions Open at CII School of Logistics Delhi and Mumbai campus, Apply Now!
GITAM School of International Business, Visakhapatnam
Admissions open for MBA programmes at GITAM. Application Deadline is February 20, 2018
XIME
Application Last Date for Online Submission - February 25, 2018
TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open at BIMTECH, Greater Noida
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is January 18, 2018.
MDI Murshidabad
Applications for PGPM 2018-20 at MDI Murshidabad are open
NIRMA
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 29, 2018
Institute of Public Enterprise, Hyderabad
Last Date to Apply for IPE, Hyderabad is 21st January, 2018
IMI New Delhi
Admissions Reopened for PGDM Last Date to Apply January 21, 2018
Application closes on February 12, 2018 for Executive PGDM at IMI
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before January 20,2018
ICFAI Business School
Admissions Open at ICFAI Business School Apply Now!
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
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Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

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