Date: Thu, 20 Jun 2013 06:52:16 +0200
Part time MBA, Online MBA v/s Full Time MBA
When I was debating on whether to do my MBA full time, online or part time, I kept wondering as to which MBA would give me the best learning experience. I did not want an MBA for the sake of a degree against my name. I wanted the MBA for the learning and the “real” education. I was lucky enough to find some guidance and some material to read about, to choose the courses that would help me give the “real”education. I quit my job and started my MBA full time in a small college that was the #1 school for entrepreneurship, Babson College. (www.babson.edu). The college is a small one with just 160 students in every full time MBA batch (year). Every full time student knew every other full time student personally as we were a small community. All the Professors were accessible all the time and most of them gave up jobs from the other big name Ivy league schools in the greater Boston region like Harvard Business School, Tuck Business School at Dartmouth to name a few. The reason they did that was that they were passionate about entrepreneurship for one. They also wanted to have a close one-on-one relationship with the students and share their knowledge with them. This helped full time students like me immensly. I used to indulge in discussions with my Professors after class and even before class in great detail. We would talk about current affairs and how it affects the business scenario. The Professors would also talk about the things in the past and things in other countries and how those things shaped the rules/regulations and the current business scenario. All these things helped my knowledge immensly and it added to my “real” education.
I am pretty sure that there are a lot many who would want the “real education” too. But I am not sure if they get a good understanding on what they would be missing out, by going to school, especially a business school, part time. While the argument that a part time student can apply what he learns in school today at work the next day is fair to an extent, not many part time students have the time to “prepare” for the classes by doing “all” the background work that is needed before coming into the class room. In my experience, most of the part time students would skim the case and come into class and most often than not, they did not add much to enrich the class discussion. Yes. There were part time students who prepared just like how the full time students did. But they were more of an exception than a rule.
So, my sincere request to people who read this post and who might want to pursue an MBA is this. If you can afford to take time off, please do and do your MBA full time. It is definitely worth it. You would learn not just in class but also outside of the class room. I dare say that the amount of learning that comes out of the casual class interaction and the “on the carridor” interaction with the Professors is much more than the class room discussions!