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Choose a Business Degree for a New Future |  |
Part-Time MBA Programs Offer Flexibility, Convenience
May 15, 2007
by Francine L. Huff
Business Programs Columnist
If you're ready to get your MBA, but can't afford to give up your paycheck, then a part-time MBA program may be the right move. Enrolling in a part-time MBA program can allow you to graduate with less debt, as well as keep your foot in the door of a company where you might have opportunities to use your MBA degree to advance.
An MBA Degree on Your Schedule
"Part-time programs are the staple now," John Fernandes, president of the Association to Advance Collegiate Schools of Business, told Forbes. "Growth in these programs is reflective of society at large. Everyone is too busy to stop their careers and go through a concentrated two-year program."
Find the Right MBA Program
Getting a part-time MBA doesn't necessarily mean you'll skimp on your education. However, not all part-time MBAs are created equal. Some programs may require fewer courses than getting a degree full time, and may not allow you to specialize. Other part-time MBAs require you to take the same number of course as full-time programs over a longer period of time. Online MBA programs offer even more flexibility since you can access lessons anytime of the day or night.
The Cost of a Part-Time MBA
Before enrolling it's important to understand the cost of getting an MBA. Because scholarship money may be hard to find for part-time MBA programs, it's important to investigate whether your employer offers tuition reimbursement. But if you pay-as-you-go, you'll likely end up with less debt.
About the Author
Francine L. Huff is a freelance journalist and the author of The 25-Day Money Makeover for Women. She has appeared on a variety of TV and radio shows.
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