It is said that nothing is permanent in this world, so how could financial meltdown that hit the world last forever. Many economies of the world are recovering from the recession which took the toil of global monetary funds. In this phase of revival many companies in order to improve their finances are demanding highly qualified professionals with an MBA degree. [/b]
Owing to an increase in demand for people skilled in business administration, many professionals as well as graduates have started to opt for part time MBA [/b]to increase their market value and get maximum advantage of increase in demand for MBAs.
Many people however are sceptical about one year MBA[/b] or executive management programme as they feel that this kind of management course is not at par with the regular course. Well, both types of MBA degrees[/b] have its own advantages and disadvantages however; it does not reduce value of both the types, as management course is a highly specialised programme that sharpens the managerial skills.
Part time MBA[/b] is a fast paced programme that is designed for working professionals and graduates to develop their acumen in managerial tasks. They can resume their studies without quitting the present job. Thus, they can increase their work experience along with gaining an extra educational qualification, whereas Full time MBA [/b]course is for fresh graduates who needs to develop an insight within the core of various aspects related to business administration. Students opting for regular management course have to attend the classes and cannot pursue it while doing a job.
Various activities and tasks in the campus life can be helpful to shape the character and aptitude. Students doing their full time MBA[/b] can gain benefits from the curricular and extracurricular activities, which develop their self confidence, sense of responsibility and communication skills that can help them to face the real life situations latter in their careers.
A graduate pursuing part time MBA[/b] have no campus life. They have to study on their own from the books and other journals. They do not get any guidance from experts. This can make it difficult for them to study as they have to concentrate on both work and study.
Sometimes, due to unforeseen circumstances, many individuals have to take a drop from their studies. Part time MBA[/b] gives flexibility, as the student can take a drop and resume his study without any problems. It is very beneficial for the professionals working in IT field as they are frequently sent abroad for their projects. Doing regular management course might not allow them the flexibility.
Apart from flexibility, cost is one of the major reasons why people prefer doing part time MBA[/b]. As compared to the two years management course, part time course is less expensive, as it does not have any other fees except the tuition fees.
Some colleges conduct classes for students of part time MBA[/b], but these classes are usually in the morning or evening, thus professionals or graduates can attend the classes regularly, without missing their office. Thus, this kind of facility gives a better chance for the future prospects of the working graduates.
As every coin has two sides, both the types of MBA degrees[/b] have their own advantages and disadvantages. But, every coin has its own value; you do not regard it as useless. Similarly, a management course its own reputation and connotations. It gives you the aptitude required to face the possible threats and profits in the business community. It is just that each programme is suitable to a certain section of students.
Summary[/b]
Weighing the prospects of both kinds of MBA courses, it seems that both have their own merits. Both sharpens the managerial skills of the students and guarantee a successful career