Wednesday, July 6, 2011

Choosing a part-time Executive MBA

In India, There is a lot of confusion about executive bschool programs offered by many universities each one no less than the other. This esteemed list includes IIM's(B,K,C) , NMIMS , SPJain, IIFT, etc. which are seen as bschool "brands". The list just starts from here. This is compounded by the fact that same university offers more than one program. As though this not enough these universities are institutions offering versatile program modes.
  • Full -time - all through the time with university until you complete the degree
  • Part time mode - either evening weekdays or full day weekend programs.
  • Distance learning - Online tutorials, CD's , Books
  • Third party - Group or Individual with a remote instructor - as in Hughes education
There is a problem of plenty here.

Then, How do we go about finding the one we need ?

The answer lies in what you want and how considering barriers such as time, geography, effort and any other personal or non-personal considerations. Once you complete these degrees, You'll get opportunities but you have to get through it.

Let me represent my suggestion based on the value the program tries to impart:
- Full-time
- Part-time
- Distance

Full -time is always the best. But a working individual may not sacrifice his job to get there. As such the market now a days is dull - so essentially it risky to venture out.

A striking optimization for a working individual is the part-time. Its prospective for vertical growth in the field. Presents the ability to switch jobs and in some cases develops enterpreneurs. But constraints apply. If you are exhausted in you considerations for a part-time then only go for Distance. Generally, Geography limitation forces one to pick distance. But otherwise its wise to bet on Part-time for the following reasons.
  • This imparts the sense of "student"
  • You study with others in a class-room
  • Its interactive and can be lively.
  • Scheduled study and classroom learning
  • Assignments that remind you on weekdays
  • Peer learning and exchanges
  • Your friends list grows.
  • It beats over distance MBA in terms of industry recognition
  • There is less boredom
Although there are disadvantages, they certainly have a long term benefit and impact. The third party based learning is next to part-time but slightly better than distance learning mode in the fact that you get a schedule to study. But otherwise don't flock for their degrees. An in-campus learning is much better and safer.

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