Part Time MBA vs Full Time MBA Programs: MBA is among the most sought after PG courses worldwide. Acquiring an MBA degree opens doors to excellent job opportunities. There are multiple specialisations offered by the top MBA colleges, allowing candidates to enhance their managerial skills in specific industries.
Besides offering various MBA specialisations, B-schools also provide different types of programs to aspirants. While some are regular full time programs, others are part time MBA programs. Although both these programs have similar course content, many candidates often face confusion between the two.Also Read: GMAT Syllabus 2024
This article aims to explain the major differences between part time MBA vs full time MBA programs. Candidates can also explore the notable pros and cons of the full time and part time MBA courses.Full-Time MBA | Part-Time MBA |
The course duration is 2 years. | The course duration ranges from 6 months to 12 months. |
Full time MBA tuition fee is INR 20,000 to 40 lakhs. | Part time MBA tuition fee ranges from INR 10 to 20 Lakhs. |
Basic eligibility criteria require candidates to graduate with a minimum of 50% marks or equivalent GPS. | Eligibility criteria require candidates to complete their graduation with minimum 50% marks. |
Recommended work experience in 2 to 3 years | Recommended professional experience is 3 to 5 years. |
Preferred destinations for full time MBA are US, Canada, UK, Germany, France, Australia, Spain, and Singapore. | Preferred destination for part time MBA are US, UK, France, and Singapore. |
Average salary offered to candidates ranges from INR 18 to 20 Lakhs. | Average salary offered to candidates ranges from INR 5 to 10 Lakhs. |
Full Time MBA Pros | Full Time MBA Cons |
Students finish their programs more quickly, which helps them to re-enter the workforce with potentially higher job offers. | Candidates must take a career break to pursue a full time MBA program. |
Many MBA scholarships are exclusively offered to full time MBA students. | Candidates get limited time for networking or internships in a full-time program. |
Full-time MBA students can concentrate fully on their education without the distraction of balancing work. | The course fees at top colleges are generally higher than part time courses. |
Part Time MBA Pros | Part Time MBA Cons |
Part-time programs at some business schools tend to be less competitive. | Part-time MBA degrees take longer to complete their degrees. |
Working professionals can pursue an MBA without having to leave their careers. | Part-time students may have access to fewer scholarship opportunities. |
Many employers provide tuition fee reimbursement or other incentives to help offset the cost of an MBA. | Depending on the institution, part-time programs can be more expensive in terms of tuition and fees. |
Institute Name | Exams Accepted | Fees (Rs. Lakhs) | Average Salary (LPA) |
IIM Ahmedabad | CAT | 24.61 | 33.81 |
Faculty of Management Studies, University of Delhi | CAT | 4.92 | 34.10 |
IIM Calcutta | CAT | 31.00 | 35.07 |
IIM Bangalore | CAT | 24.7 | 35.31 |
IIM Lucknow | CAT | 20.75 | 32.20 |
IIM Indore | CAT | 21.17 | 30.21 |
Indian School of Business | GMAT, GRE | 41.78 | 34.21 |
IIM Kozhikode | CAT | 20.50 | 28.05 |
XLRI Jamshedpur | XAT | 28.6 | 32.70 |
SPJIMR | CAT, GMAT | 21 | 33.02 |
MBA College | Minimum Work Experience Required | Exams Accepted | Part-Time MBA Fee( in Lakhs) |
IIM Lucknow | 3 Years | CAT/XAT/GMAT/GATE/ WMP Entrance Exam | 13.55 |
IIM Bangalore | 4 Years | CAT/GMAT/GRE/IIMB Test | 18.50 |
IIM Kozhikode | 3 Years | CAT/GMAT/EMAT-Executive Management Aptitude Test | 10.00 |
IIM Indore | 5 Years | CAT/GMAT | 15.00 |
IIM Kashipur (Dehradun campus) | 3 Years | CAT/GMAT/EMAT | - |
IIM Tiruchirappalli (Chennai Campus) | 3 Years | CAT/GMAT/Own Test | 11.80 |
Program | Average Salary (in INR LPA) |
Full-Time MBA | 18-20 LPA |
Part-Time MBA | 10-15 LPA |