Part Time vs. Full Time MBA: Choosing What Works Best for You
Business schools continue to adapt to the changing needs of MBA students. Today, applicants can choose from a wide range of programs tailored to different lifestyles, schedules, and budgets. [2] With so many choices, you need to weigh the pros and cons of a part time vs full time MBA carefully.
Here is some information to help you figure out which program is best for you:
Traditional Full-Time MBA
The traditional MBA, often called the full-time MBA, is the most common format. These programs typically last two years and include a regular class schedule, close interaction with peers and faculty, and an internship between the first and second year.
Full-time MBAs demand your full attention. [1] Students usually leave their jobs and relocate near campus to attend. The average student is 27–28 years old and has 2–4 years of work experience, though the right time to apply differs for everyone. Cohorts progress together, starting and graduating as a group, which helps foster strong relationships.
Classes usually run during the day, Monday to Thursday, and the program lasts about 21 months. Students must choose a focus area—finance, marketing, entrepreneurship, non-profit, and more—to align with career goals. In addition to the core curriculum, electives round out the degree.
Key benefits of a full-time MBA include:
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Lectures from leading business and industry experts
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Access to student-run clubs and activities
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Comprehensive career development services
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Networking and interview preparation programs
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Opportunities for personal and professional growth outside the classroom
Fully Employed MBA (FEMBA)
The Fully Employed MBA, or FEMBA, is designed for professionals who want to study while working full time. Often called a part-time MBA, this option suits those who can’t pause their careers to pursue business school.
FEMBA classes usually meet twice a week in the evenings. Most programs last about 33 months, though students may take up to five years to finish. Some schools now offer hybrid options where professors deliver lectures online and use classroom time for discussion. This format demands discipline, since students complete many assignments independently.
Graduation requires completing core courses, electives, and the necessary credits.
Disadvantages of FEMBA
When weighing part time vs full time MBA programs, consider these drawbacks:
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Fewer advanced course offerings
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Limited interaction with full-time faculty
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Less time for student clubs and activities
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Group work challenges due to conflicting schedules
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More limited career services
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No consistent cohort experience, since students move at their own pace
FEMBA is ideal for professionals with solid career experience who want an MBA to advance to senior positions. According to Bloomberg Businessweek, top FEMBA programs include Carnegie Mellon, Southern Methodist University, and Haas School of Business. The average student is about 30 years old, has a GMAT score between 635–700, and seven years of work experience.
Executive MBA (EMBA)
An Executive MBA, or EMBA, targets experienced professionals who want to continue working while earning their degree. It best serves managers and entrepreneurs aiming for executive-level roles, often with 10+ years of work experience.
Most EMBA programs meet twice a month, Friday through Saturday, and last 18–22 months. Students follow a set curriculum, move through as a cohort, and build strong professional networks. Many also join on-campus clubs and activities.
Costs are higher because programs often include meals, lodging, and course materials. Travel expenses add to the price since many students commute from other cities.
Top EMBA programs include The Wharton School, Booth School of Business, and Kellogg School of Management. Students average 36 years old, with work experience ranging from 13 years on average to more than 20 for senior participants.
Bottom Line
When deciding between a part time vs full time MBA, weigh the tradeoffs of each option. Many schools now offer hybrid programs that blend flexibility with the cohort experience. If earning an MBA is your ultimate goal, you can find a program that fits your lifestyle, schedule, and career ambitions.
Still unsure which path is right for you? InGenius Prep’s business school admissions experts can help you make the smartest decision. Schedule a free consultation today!