Why Part-time MBA Courses
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What is the first thought that
comes to your mind when you hear about Part-time MBA Courses? Or shall I say, do
you know about part-time MBA? Is it some kind of correspondence course? Is it
useful? Oh, there is no ROI in part-time courses... Most of the working
executives face such questions.
In this article, I would be
addressing some of these doubts.
The objective of these courses is
'two-way' learning. Now you would wonder what is two-way learning. Management
education in India has been heavily bent towards full-time MBA. The creamy layer
of full-time MBAs become heroes in media. Media seems to neglect that fact that
the highest salary getter always have very strong experience. Most of the
full-timers join to earn money, and it becomes more relevant when the percentage
of joiners are freshers having no work experience or relatively negligible work
experience. So learning is generally missing in such classes.
Two way leaning is for the
students and teachers. Part-time students learn new concepts which can be
validated in real context immediately in their respective firms. And teachers
get valuable knowledge about the validity of their theories from part-time
students' experiences. That's like a win-win situation for any B-school and for
the students. And this is the reason why most of the reputed institutes are
going for part-time / executive courses. Not to mention that the institute gets
good industry interface and part-time students becomes brand ambassadors for
these institutes.
No wonder, why such courses are
very popular in developed countries.
Now that the objective is clear,
we need to know in what way part-time courses are different from other courses.
Part-time courses have same level of teaching as in full-time courses but
stretched over three years. Yes, your read it right. The contents of part-time
and full-time courses are entirely same. However, the disadvantage with
full-time courses is that the stress is on grades and not learning as it pays
them finally. Executive courses are more focused on a particular functional
area.