Part-Time MBA in India
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4. Students can apply
theoretical knowledge of classroom at their workplace and can see the effects
immediately.
5. Financial help may also
be available.
6. Cost of study is spread
over a longer period of time.
7. If your employer
reimburses your tuition fee, part-time MBA is an ideal choice for you.
8. You can easily go for
your classes even if they are held far away from your place once or twice in a
week, as it is manageable, while daily classes are not.
9. Because you are
working, regular flow of income is there. This leads to less debt as compared to
full-time. Arranging the money will not be a big problem because you have a
regular source of income. Most of the MBA courses cost around 3-4 Lakhs, and
with a job in hand, you can manage that expense.
10. There is a lot of
flexibility in part-time courses. You can vary course load in order to
concentrate on a particularly difficult course, and then take a heavier load
later with less intensive courses.
11. You could be
considered a hard working and dedicated person by industry people because you
are managing two tough lives together, i.e., studying and working. Therefore,
chances of promotion are more as compared to others. In some organizations,
having an MBA degree is considered an added advantage, and thus, increasing your
chances of promotion.
Disadvantages of Part-Time MBA
1. Part-time MBA programs
usually take two to three years to complete, but may take up to five. For such a
long period, tuition assistance may not be available.
2. Only some selected
schools offer part-time MBA programs. Your choice is limited. You may be
required to attend a school that is not your first choice.
3. While doing part time
MBA one has to be under tremendous pressure. Because in the morning, you are
working, and attending classes in the evening. It will create double stress.