Do you think that you aren’t a good fit for a part-time MBA? Think again! Part-time MBA programs have rapidly evolved over the last five years, adapting to the changing needs of the workforce and to their students.
Here are some common myths about part-time MBAs and why you shouldn’t let them stop you from applying:
Myth #1 – “I don’t have enough work experience.”
Sure, the average part-time MBA student has more years of work experience than the average full-time student. The reality is, on average, this is only a two year difference – an average of seven years of experience, compared to the average of five years that full-time students have. If you have a “below average” tenure of work experience, the scope of your responsibilities and quality of your experiences can outweigh the quantity. If you manage and evaluate a team of employees, handle large projects or budgets, or have P&L responsibilities, don’t rule out a part-time MBA.
Myth #2 – “I don’t live close enough to the school.”
Part-time MBAs have evolved from weeknight only programs to weekend programs, hybrid flex/commute programs, online programs, and opened alternate campuses in other cities. Just because you don’t live within a reasonable drive of a school doesn’t make it out of reach anymore.
For example, many UCLA FEMBA, Kellogg and Booth part-time students fly in and out for Saturday classes (typically up to 2 hour flights each way, including across borders), and many more fly across the country for flex programs. NYU Stern has opened an additional location in Westchester, UT Austin McCombs also has campuses in Dallas and Houston, and UNC Kenan-Flagler now has a fully online part-time program.
Myth #3 – “I travel too frequently for my job to do a part-time program.”
Similar to Myth #2, enrolling in Saturday classes, flexible programs or online programs can allow you to earn your MBA while still managing your career and travel schedule. Part-time programs are also understanding that there is a reason you are enrolled in a part-time program – your current career is important to you. Schools want you to be successful and will work with you to meet your schedule. This can mean switching from a weeknight program to a weekend program, or taking a semester or even a year off. Most part-time programs will allow up to five years for students to complete their graduation requirements, so depending on the school, you will have plenty of time to travel for work and attend your MBA classes.
Myth #4 – “It takes too long to do the program part-time.”
While a typical part-time MBA program is three years instead of two, there are many options for acceleration. If you have the flexibility to take additional classes, many programs will allow you to graduate early. For instance, McCombs in Dallas and Houston both have two-year part-time program options, and Kellogg has an accelerated part-time program that takes just over one year to complete.
Myth #5 – “I can’t make a career switch without doing an internship.”
This may still be the case for some industries, but certainly not the majority. Leveraging your transferable skills, the knowledge you’ve acquired at business school, the network you’ve developed, and career services your school offers are often enough to make your career change. Many part-time programs also have capstone projects that students complete for companies, allowing them to complete an “externship” while still working full-time to help facilitate their transitions.
Myth #6 – “I don’t have access to on-campus recruiting or career services as a part-time student.”
Generally, unless you are fully-sponsored by your employer (and even then, with their permission, this restriction can be waived), you’ll have the same access to career services and on-campus recruiters that full-time students do.
Keep these points in mind when considering applying to a part-time MBA program – these programs are a lot more accessible than you might think!
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Nita Losoponkul, a Veritas Prep consultant for UCLA, received her undergraduate degree in Engineering from Caltech and went from engineering to operations to global marketing to education management/non-profit. Her non-traditional background allows her to advise students from many areas of study, and she has successfully helped low GPA students get admitted into UCLA.