Types of MBA Programs
What are the different types of MBA Programs?
Once you have decided that the MBA is for you, you need to choose which program suits your aspirations and your circumstances. There are some things you need to think about.
Firstly, what do you want to achieve with your MBA? What are your personal and your career objectives. Once you have worked this out, you would be provided with a focus that you can use for which type of MBA program and which courses you want. Should you wish to become a strategy consultant on graduation, then the program content, the school you go to and its reputation will need to go towards achieving this.
Then you have to work out how long you wish to study for. MBA programs last from between one year for the shortest full-time course to five years for the longest part-time course. All programs that you take will involve a major time commitment. You must make sure you could give that commitment.
Then you should look at the type of program and the course content and work out if it matches your needs. The first MBA program that was ever created was a full time course where the student needed to attend business school every day and most of the courses were compulsory. Over the last 25 to 30 years, MBA program types have developed in terms of content.
So, what are the different types of MBA program? First, there is the full time MBA course, which can last one or two years. If it lasts two years then you will usually have time in the summer to take up an internship with a large company that can sometimes lead to a full-time job at the end of the program. One year courses allow you to get your MBA quicker but two year courses can allow you to reflect more on your course, and immerse yourself more into your subjects.
Part-time MBA courses are taken at the business school but normally over short intense periods like for two weekends a month. They can take from 2 years up to five years depending on how much time you can give to it. Executive MBAs are a little different. You work during the day and then go to business school twice a week in the evening and occasional weekends. Then there is the distance learning MBA - which is when the MBA is taken using CD-Roms, printed materials and online at a business school anywhere in the world or perhaps in your own city if that's how it suits you. You can also do an entire MBA online.
Finally, there is the international MBA, which is where you take your MBA in different countries at different times.