Since there are so many different types of MBA Colleges and programs available, you should evaluate as many as possible. If you’ve done a little research on the Internet, you may already know that an MBA program is an expensive venture, and it pays to compare and contrast different colleges before making a final decision.
In order to meet your educational needs, the following list gives you an idea of the types of MBA Colleges available:
- Accelerated Programs
- Part-time MBA
- Executive MBA
- Distance Learning
Full-time MBA Programs
Full-time MBA programs are available for one- and two-year timeframes. The one-year program is quite different in that colleges have strict requirements for admission?in academic training and work history as well. The two-year program is spread out over four semesters, and is better suited for students who work on a part-time basis due to heavy workloads. The one-year MBA program can last up to sixteen months, and is intended for students who focus their studies on a full-time basis.
Both one- and two-year programs offer many advantages. For example, a one-year program saves you plenty of time, and the program is perfect for students who pursue specialized studies for their current careers. On the other hand, a two-year MBA program allows you to customize your classes during your second year according to your career goals. These types of programs work well for students wanting to move up the corporate ladder into management positions.
Accelerated MBA Programs
Students are seeking shorter study time, and employers can’t afford to give them time off to go back to school. As a result, more people are looking for accelerated MBA programs. In a faster-paced program, the completion time is 12 to 18 months, and students can return to work much sooner. Since traditional programs can take as much as two years to complete, accelerated MBA programs are quickly becoming a viable alternative. With an accelerated program, you can learn core business subjects in a much shorter period of time. Optional subjects for specialized areas are limited, and only those students who are focused on finishing their degrees at a fast pace are encouraged to apply.
Part-time MBA Programs
Part-time MBA programs offer many advantages to students, and have risen in popularity over the years. Since you can earn a degree on a part-time basis, this type of program is perfect for working professionals. Typically, it takes up to five years to earn your degree (which can be a drawback), but you don’t have to relocate or commute to earn your degree.
These year-round business programs are specifically designed to meet the needs of working professionals and parents with children still at home. Part-time programs can be advantageous for people who want to advance or change their careers. You can also choose a curriculum that best suits your needs.
Part-time MBA degrees can be earned on campus or online. They are ideal for professionals who cannot afford to relocate or commute. Typically, these programs can take up to five years, as students choose course loads that fit best with their work and family commitments.
Executive MBA Programs
The main objective of an executive MBA program is to provide generalized management skills as opposed to specialization in management. The courses in an executive program tend to be much less flexible than those found in traditional MBA programs. Executive MBA courses also focus on global business strategies. Offering condensed versions of full-time MBA programs, executive programs carry a lot of prestige in the business world. These programs typically run for two years.
Dual MBA Programs
With a dual (or joint) MBA degree program, you can pair your MBA with a graduate degree in medicine, law, pharmacy, finance, or MIS (to name of few). Compared with separate or independent degrees, it takes much less time to complete a dual program. Depending on the college you choose, this type of program can take up to four years to complete.
Distance Learning MBA Programs
If you have Internet access, you can take advantage of MBA classes online. Regardless of where you live, online courses allow you the flexibility of doing your homework where and when you want. This type of program can take up to five years to complete, but the convenience of telecommuting suits the needs of students who wish to complete an MBA and carry on with their regular lives at the same time.