Which MBA program you’ll choose depends on your career goals, the amount of time you’re willing to commit, and your financial needs MBA .
If you can afford to drop out of the working world to enroll in a full time study, you are an ideal candidate for a full-time MBA. Full-time MBA programs typically run two years, but can sometimes be condensed to twelve or sixteen months. This makes this type of program very attractive for those wanting an MBA degree as soon as possible.
A full-time MBA is your best bet if you’re looking for a career change or hope to find a new job. This type of program is a standard MBA program offered in most traditional colleges and universities. Most will require the applicants to have at least three years of professional experience. Some scholarship money is available for full-time MBA students.
Accelerated MBA programs are similar to the full-time programs, but with higher course load and a more intensive class schedule. There is less down time between semesters and students can take classes even during the breaks, allowing them to finish this type of MBA in eighteen months.
If you want (or need) to keep your current job, you can attend classes part-time. Part-time MBA programs will take three or more years to complete. If you have an undergraduate degree in business, you may be able to place out of certain coursework. Classes typically meet in the evenings. Most part-time programs require the students to have at least three years of work experience, but are known to admit students with less.