MBA - Part Time Programme

Introduction:

Depending on the school providing them, India's part-time MBA programs differ in reputation and quality. Popular business schools in India provide part-time MBA programs for working professionals who wish to advance their education without taking time away from their careers. In addition to possibly offering networking opportunities with professionals in the industry, these programs frequently offer schedule flexibility. Finding the program that best suits your schedule and career goals requires research and comparison-shopping between options.

What is a Part-time MBA Course?

A part-time MBA course is a 3-year program that is offered to working professionals who cannot do a full-time MBA. Many people lack the time and means necessary to attend school full-time. Part-time MBA students are able to balance their obligations to their families and their jobs. There are plenty of online part-time MBA programs available, so students don't need to relocate in order to attend classes. Students benefit from online programs as well because they have greater scheduling flexibility.

Is Doing a Part-time MBA in India Worthwhile?

It may be worthwhile to pursue a part-time MBA in India based on your personal circumstances and career goals. It can offer the chance to continue working while gaining important business knowledge and abilities. If you want to move into a new industry or advance in your current career, this can be especially helpful. A part-time MBA could be a wise investment due to the networking possibilities and potential for higher earnings. When choosing a program, it's crucial to take into account its reputation, faculty, curriculum, and alumni network. It's also critical to evaluate the program's possible return on investment and balance its costs and benefits.

Eligibility Criteria for a Part-time MBA Program:

The eligibility criteria for a part-time MBA are the same as the regular ones; however, some relaxation is given as per the colleges. The eligibility criteria are as follows:

• A bachelor’s degree in any stream from a recognized university.
• The minimum marks required are 50–55% in the last qualifying exam.
• A good score in CAT, XAT, MAT, GMAT, GRE, ATMA, CMAT, and NMAT.

Admission Process for a Part-Time MBA Course:

Procedure for Part-Time MBA Admission: Merit-based admissions are the foundation of prestigious universities. States hold their own management entrance exams in addition to national entrance exams for admission to MBA programs. The top state-level tests are the MAH CET, OJEE, TANCET, APICET, KMAT, and so on.

Application Process for a Part-Time MBA Program:

The merit-based, part-time MBA application process is characterized as an exam-based admissions process that requires only a prior graduation score to be evaluated. In order to be admitted to MBA study programs, colleges and universities typically require applicants to take an entrance exam.

• Students must apply to the institute online using the form that is accessible on the institute's website.
• Students must wait for the university's actions after completing the application and paying the application fee.
• The university evaluates a group of applications and determines whether a candidate's bachelor's degree scores satisfy their requirements..
• Admission is given if all the paperwork is in order and the score is accurate.

Skills Required for a Part-time MBA Program:

Students who want to improve their chances of finding employment after earning a part-time MBA degree should concentrate on honing both soft and hard skills. For many business roles, hard skills like marketing, data analysis, financial analysis, and strategic planning are crucial. Additionally, employers place a high value on soft skills like problem-solving, teamwork, leadership, and communication. A student's chances of landing a job can also be greatly improved by networking, internships, and real-world experience.

Structure of Part-Time MBA Fees

Every institute has a different cost structure. Universities that offer part-time MBA programs vary in kind, as does their cost structure. These universities can be classified as either government-operated or private. For a full program, the average cost of an MBA part-time course ranges from Rs 60,000 to Rs 8,00,000.

Selection Standards: Part-Time MBA

Special group meetings and rounds of in-person interviews are held following the written exam to finalize the merit list of nominees. Following the completion of all assessments, the colleges or universities share and communicate the candidates' rankings that were determined by a written exam, a group discussion, and individual interviews. The admissions procedure will come before the final distribution of spots to candidates. In addition to registering for the appropriate academic year, the candidate must pay the course fees.

Part-Time MAB Program Specialization:

Your professional aspirations, hobbies, and preferred industry of employment will all influence which MBA specialization is best for you. Finance, marketing, operations management, entrepreneurship, and international business are a few of the most sought-after specializations. To make an informed choice, it's critical to investigate each specialization, take into account your interests and strengths, and look into the employment market. For additional assistance in making the best decision for your future, think about consulting with experts in the field and asking academic advisors or career counsellors for advice.

Top Part-Time MBA Colleges in India:

1. IIML WMP.

2. IIMI PGPX, Recognized by AACSB

3. IIMK EPGDM, Recognized by AACSB

4. IIMR EPGDM (the least expensive, one-year duration)

5. Executive MBA program at any IIT Management Department.

6. EMBA FMS

7. JBIMS MFM, which is more akin to a Masters in Finance than an MBA

8. Top international schools (such as UIUC and Imperial College London) offer online MBA programs.

Job Opportunities After Completion of a Part-time MBA Course:

After earning a part-time MBA degree, your career path may differ depending on your area of interest, prior work experience, and specialization. Management consultant, financial analyst, marketing manager, operations manager, and business development manager are among the positions that MBA graduates frequently hold. Building a network, gaining relevant experience, and adjusting your job search to fit your interests and career goals are all crucial.

Part-Time MBA Course Highlights:

Course Name: Part-Time Master of Business Administration

Course Level: Post-Graduation

Course Duration: 3 years

Course Type: Part-Time

Eligibility Criteria:

The candidates must have completed their graduation degree from a recognized university with a minimum of 50% marks.

Examination Type: Semester-wise

Admission Process: merit-based or entrance

Age Limit: No particular age is required.

Average Annual Fee: INR 8–22 lakhs

Average Annual Salary: INR 6–24 lakhs