Part Time MBA Fees, Eligibility, Scope and College Details
For working professionals who cannot take time off the work to attend full-time
MBA course, there is the part time MBA course. With the part time MBA program, you
can work full-time while attending MBA classes on off day or in the evenings. Part
time MBA is a good option for working professionals who aspire to become an MBA.
Many colleges and universities in India offer part-time MBA programs. When exploring
the option of a part-time MBA program, you should consider the following points.
- Many part-time MBA course have the same specialization opportunities as full-time
MBA course but some offer only a small number of concentrated courses and emphasize
the core curriculum.
- A program which requires as many courses as a full-time program will often spread
out the classes over a longer duration. In other words, it may take you four to
five years to complete your MBA in a part-time program as opposed to a two-year
full-time program.
Advantages of a Part-time MBA
The part-time program is particularly appealing to people who wish to advance in
their existing career. They can also be advantageous for the professionals seeking
job change.
- Courses are scheduled to take place before or after regular working hours.
- You can improve existing skills or develop new ones without impinging on your current
job.
- Real-world situations and problems can be incorporated in the classroom environment
where solutions can be explored and those could be implemented in real life.
- Tuition assistance and student loan may be available.
- If tuition reimbursement is offered by your employer, part-time could be an ideal
choice.
- With the cost of schooling spread out over a longer program length, financial strain
gets reduced for the students who prefer not to incur additional debt or who need
to maintain an income while attending school.
Eligibility for Part Time MBA Course:
Bachelor's degree or equivalent in any discipline from a recognized university.
Minimum 2 years of supervisory work experience after graduation.
Scope of Part-time MBA Course:
If you have substantial work experience [more than 6 years] in the industry and
if you plan to stick to the same industry, you should opt for part time MBA. But
at the same time, make sure that you enroll in A grade college. With the increasing
demand for MBA professionals, the scope for part time MBA is good as more and more
people are going in for this course. Part time MBA is an autonomous course unlike
the MBA course which is affiliated to the University.
Career Opportunities:
If you have substantial work experience [more than 6 years] in the industry and
if you plan to stick to the same industry, you should opt for part time MBA. But
at the same time, make sure that you enroll in A grade college. With the increasing
demand for MBA professionals, the scope for part time MBA is good as more and more
people are going in for this course.
List of institutes
that offer part time MBA degree course in India:
- Narsee Monjee Institute of Management Studies, Mumbai (NMIMS).
- XIMB Xavier Institute of Management, Bhubaneswar.
- Indian Institute of Foreign Trade, New Delhi and Kolkata.
- Loyola Institute of Business Administration (LIBA).
- FMS (Faculty of Management Studies), University of Delhi.
- Training & Advance Studies in Management & Communication Ltd (TASMAC).
- Symbiosis Institute of Management, Pune
- Indira Gandhi National Open University (IGNOU), Delhi.
Syllabus:
The subjects under part time MBA courses are:
Organization Structure & Management, Managerial Economics, Quantitative Techniques,
Marketing Management and Business & Corporate Law etc.
Fees for MBA Part Time Course:
The Fees Structure for Part Time MBA is between Rs. 33000/- to Rs. 3,75000.
