4 Reasons to Consider a Part-Time MBA

scottbloomdecisionsWith the decision to pursue one’s MBA comes the equally large decision as to whether or not one should attend business school part-time or full-time.

While the majority of MBA applicants each year pursue the more traditional full-time MBA programs, there are many reasons that why a part-time MBA might be a better fit for you:

1) You Have a Below-Average Undergraduate Record
While your college record will, of course, still considered by part-time MBA programs, these types of programs tend to be more forgiving of poor college grades – especially if you attended college many years ago and you have had a lot of professional successes since then.

2) You Are a Career Enhancer
Are you looking to move ahead in your current industry or even within your company? Consider continuing to gain that work experience (and the salary and benefits that come with it) while attending a part-time MBA program. Additionally, many companies will offer continuing education benefits, so check with your current company to see if this is something they will provide.

3) You Work in a Family Business or Own Your Own Business
Rather than having to choose between ditching your family obligations or selling your business and attending school, why not do both? A part-time MBA program is great for those who want to continue working while they learn.

4) You Have Many Years of Work Experience
While part-time MBA students, on average, have only two more years of work experience than their full-time MBA counterparts, the spread tends to be much greater – with applicants’ experience ranging from two to twenty years. If you have a lot of work experience, you may find yourself alongside peers with more similar responsibilities and tenure in a part-time program than you would in a full-time classroom.

If any of the above sound like you, then you may find more success in a part-time MBA program than you would attending business school full time.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

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. 

Power Couple

It’s Final Four time! It seems like a lot of our recent posts have had a sports theme to them, but with the start of one season (baseball) and the fast-approaching end to another (college basketball), you’ll have to be understanding. Fortunately, my recent obsession (ok, maybe not that recent…) with Yahoo! Sports has led me to this post.

There was an article put up earlier today about two guys who are running a very successful business centered around college basketball. They are the epitome of the entrepreneurial spirit, and while there is some controversy around them, you can’t deny their success.

For all you budding entrepreneurs out there (and all you college basketball fans), this one might be worth the read.

Source: Power Couple

More for entrepreneurs!

That article I found a couple weeks ago got me thinking, and I decided to try to find another good article for all you budding entrepreneurs. I managed to find one that I feel is actually very useful and important. One of the key things you’ll need as you start up your new business is some capital. To get that, you’ll need a business plan, which is what the article deals with.

Check it out!

Business Plans Should Be Simple & Passionate