Search
Advice » Career Development» Education & Training » New Programs Mean More MB ...
New Programs Mean More MBA Options

New Programs Mean More MBA Options

Take two years off to immerse yourself in the MBA experience.

That's the standard formula for getting your degree, but it's not necessarily the norm. Options for part-time MBA candidates are expanding, as evening, weekend, online, executive and on-site programs at work gain popularity.

The core MBA curriculum is essentially the same across programs and schools, says Muhammad Abdullah, former director of the MBA program at Pfeiffer University in Charlotte, North Carolina, and now an associate professor of business law. Candidates take courses in accounting, economics, finance, law, marketing and organizational behavior, with some programs providing opportunities to specialize once students master the basics, he says. But the various program types cater to MBA seekers whose schedules, finances and other commitments don't permit them to give up their jobs.

Weekend MBAs for Execs

According to the GMAC 2004 MBA.com Registrants Survey, the average age of students in full-time MBA programs is about 28. "But many can't make the commitment at that time [in their lives]," says David Fetherston, director of the MBA Center for Career Development at Wellesley, Massachusetts-based Babson College, which offers full- and part-time MBA programs. "Later, they say, 'I wish I had done my MBA.'"

Executive MBA programs are aimed at older students, many of whom are already senior-level execs. The 2009 GMAC Registrants survey reveals that respondents 33 and older were more likely than younger respondents to have enrolled in executive MBA programs. Babson's executive offering takes about 26 months to complete and requires students to spend one long weekend per month on campus, completing their remaining coursework on the Web, says Fetherston.

Graduates of Boston-based Suffolk University's executive MBA programs are a tight-knit group, says Michelle Rapp, associate director of the university's graduate student career services. "They have a chunk of work experience behind them, so [in the classroom], they are speaking to real-world issues."

Online MBA, Anytime

The most flexible option for prospective MBA students, online-only programs promote their ability to cater to any student's schedule or time frame for earning a degree. But online-only MBA offerings, which deliver course syllabuses, study guides, reading lists and exams over the Web, may be missing some of the face-to-face cameraderie.

The lack of personal interaction can be a limitation, says Michael Kraten, who has taught part-time MBA students at Suffolk, the University of Connecticut and the University of Massachusetts. "The face-to-face, reaching-out experience is missing," says Kraten, who earned his MBA in a traditional full-time program. The lessons learned from immersing himself with his fellow MBA students, such as how to respect opposing points of view, have stayed with Kraten. "Online, you don't get that," he says.

Work Days, MBA Nights

Beyond online and executive programs, part-time MBA offerings for working professionals of any age and experience level are widely available. Babson, among many other institutions, offers evening programs that allow students to take one or two courses a semester. They typically complete the degree in three or four years. "It's a great option if you live in the area," says Fetherston.

The part-time approach is popular among professionals who want to expand their career horizons. The 2004 GMAC survey says the average age for part-time students is 31.

On-Site MBAs

Less popular but not uncommon are programs that don't require part-time MBA students to leave the office. Pfeiffer is among the schools that offer what the university calls "cohort experiences," targeted to a single organization's employees and delivered where they work. The university has developed such offerings for local organizations, including medical insurer Blue Cross Blue Shield of North Carolina and Northeast Medical Center, a nonprofit hospital. Employees earn the same degree as those who complete their MBA coursework on Pfeiffer's campus, Abdullah says.

One-Year MBA Intensive Programs

Most alternatives to the two-year, full-time MBA are part-time. But Babson and a few other schools across the country offer a one-year intensive program. This full-time program takes just 12 months to complete and requires an undergraduate degree in business, says Fetherston.

Articles in This Feature:

Latest Jobs

Penske
Posted: 09/23/2014
Lockbourne, OH, 43137
Miramont Lifestyle Fitness
Posted: 09/23/2014
Fort Collins, CO, 80525
Sears
Posted: 09/23/2014
Sacramento, CA, 95815
Sears
Posted: 09/23/2014
OGDEN, UT, 84405
Sears
Posted: 09/23/2014
West Dundee, IL, 60118

Want more personalized results?  Update Your Profile

 
 
 

Monster Communities

Teaching Community
Where teachers meet and learn.
ArtBistro
Create and connect.
Excelle
Networking for the career-minded woman.
Nursing Link
Where nurses call the shots.
More Monster Communities

Monster Partners

Scholarships
Scholarships, financial aid and more ways to pay for school.
Education.org
Find top campus and online degree programs.
Military.com
Military portal for the US Army, Navy, Air Force, Marine Corps and Coast Guard.
Financial Aid
Scholarships & financial aid.
Staffing for Government Jobs
Staffing and hiring solutions for federal government agency jobs.
More Monster Partners

Job Hunt Strategy

Six Ways to Make a Recruiter Hate You
If you want to blow your chances with recruiters -- and, by extension, with the companies they work for -- here are six perfect ways to do so.

Resumes & Cover Letters

Rev Up Your Resume to Relocate
Hoping to relocate? Get the ball rolling on landing the right job in the right location with these expert resume and cover letter tips.

Interviewing

100 Potential Interview Questions
Interview questions can run the gamut. You probably won't face all 100 of these, but you should still be prepared to answer at least some of them.

Salary & Benefits

10 Questions to Ask When Negotiating Salary
Most of us aren't natural negotiators, but asking these 10 questions during salary negotiations can help you get everything you deserve.

Employee Sourcing

Alt text
November Monster Employment Index Grows 13% Year-Over-Year, Tenth Consecutive Month of Positive Annual Growth.

For Seekers

Campus and Online Degrees
Advance your career and earn more with an online degree.
Free Salary Wizard
What are you worth? Find out and negotiate a better salary.
Research Careers
Get information on jobs and career paths to help guide your choices
Questions & Answers
Find answers to all your career related questions -- powered by Yahoo! Answers
Resume Distribution Service
Our distribution service puts your resume right in the hands of recruiters.
Resume Writing Services
Our experts will craft a keyword-rich resume that stands out in the crowd.
More Career Resources

For Employers

Career Ad Network
Target your job posting to more candidates on thousands of websites.
Hire Right Background Checks
Explore our background check packages to improve the quality of your hires.
Hiring Home Page
Find the best candidates for your business with Monster hiring solutions.
Job Postings
Find the right solution for your hiring needs. Starting at $99.
Power Resume Search
Monster's new search technology precisely matches people with your jobs.
Resource Center
Find staffing insights, labor trends, HR best practices and more.
Target Post
Connect with skilled, hourly and administrative candidates for only $99.

Social Media

Jobs on Twitter
Find jobs in your area and industry.
Monster Careers
Tune into our career advice and discussions tackling a wide range of topics and industries.
Monster Corporate & PR
Stay up-to-date on the latest news. Get the 'Who', 'What', 'When', and 'Why' on all things Monster related.
Monster Customer Service
Got a Monster question? We've got the answer. Whether you're a job seeker or employer, we can help you find the answers you need.
Monster for Employers
Find advice on hiring.
Follow Us
Check out our many pages and stay connected with the latest industry news, events, career advice and job openings.

Other Links

Monster Company Profiles
Explore companies and get information to guide your career decisions.
Compare Salaries
See how your pay stacks up to others in your field.
iPhone Application
Download the Monster app for iPhone and iPod touch.
Monster Job Seeker Blog
Monster Job Seeker Blog.
Monster Thinking Blog
Monster's Recruitment Trends Blog.
Jobs & Career Resources
Search Jobs:
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.4.55.59-302
eTrustLogo