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What’s the Right Path for You: MBA Programs, Full-versus Part-Time
Herzing Staff
Sep 24, 2024
Deciding to pursue a Master of Business Administration (MBA) degree is a huge step toward advancing your career. But once you've decided to take that step, another big question arises: Should you enroll in a full- or part-time MBA program? Each option has unique perks and challenges, and the best choice depends on your lifestyle, career goals, and how you want to structure your learning experience.
Is an MBA Worth It?
Earning an MBA is a great investment. Through an MBA program, you’ll sharpen your core business knowledge, hone your leadership skills, and broaden your professional network. Plus, you’ll develop a global perspective on business practices, preparing you to succeed in our interconnected world.
Many MBA graduates see a boost in their salary potential and climb the career ladder faster. According to the Graduate Management Admission Council, MBA graduates were the most hired candidates in 2023 and are expected to be the most sought-after in 2024 too. Additionally, the average starting salary of MBA graduates is around $120,000, roughly 1.75 times greater than those with a bachelor’s degree.
Full-Time vs. Part-Time MBA
The next step before enrolling in an MBA program is to figure out which type of program suits you best. Choosing between a full-time and part-time MBA program depends on your personal and career goals. A full-time MBA program is a rigorous, immersive experience, usually completed in one to two years. It can be an ideal option for those who can dedicate themselves fully to their studies without the constraints of a full-time job. On the other hand, a part-time MBA program is designed with flexibility in mind, allowing you to work while you are in school, typically taking three to five years to complete.
So, what’s the right program path for you?
Benefits of a Full-Time MBA Program
- Accelerated Career Advancement: A full-time MBA allows you to complete your degree in just one to two years, enabling you to quickly transition into new career opportunities.
- Immersive Learning Experience: Fully dedicating yourself to your studies provides a focused and intensive learning environment, allowing for deeper engagement with the material.
- Comprehensive Course Options: Full-time students could have a broader selection of concentrations and electives, giving you the flexibility to tailor your education to your career goals.
- Unique Financial Aid Options: Certain scholarships and financial aid options are dedicated to full-time students, making it easier to manage the cost of education.
Benefits of a Part-Time MBA Program
- Flexible Scheduling: Part-time MBA programs offer evening, weekend, or online courses, allowing you to balance your studies with your current job and other personal commitments.
- Continued Professional Growth: By continuing to work while studying, you can immediately apply what you learn in your current role, enhancing your career progression in real-time.
- Financial Stability: Part-time programs allow you to maintain your income, and many employers offer tuition reimbursement, helping to offset the cost of your degree.
- Long-Term Networking: While part-time programs are more flexible, they still provide valuable networking opportunities with fellow professionals and faculty, often over a longer period, allowing you to build lasting relationships.
MBA Programs at Herzing University
Herzing University makes it possible to pursue your MBA at your own pace with a flexible, convenient, and fully online program that fits into your busy life. Whether you choose full- or part-time enrollment, you can design your schedule to suit your needs. The program is STEM-designated, with courses focusing on data-driven topics like business analytics, AI tools, predictive analytics, machine learning, and big data. The curriculum prepares students for the future of business, incorporating contemporary business practices and the latest technology trends.
Plus, the admissions process is straightforward. Herzing University is committed to helping you succeed with a modern, flexible, and comprehensive MBA program that’s tailored to today’s fast-paced business environment.
Choose Your MBA Adventure
There’s no one-size-fits-all answer when choosing between a full- or part-time MBA program. It all comes down to your unique circumstances—your current job, financial situation, family commitments, learning style, and career goals. Both paths offer valuable opportunities for growth and success in your career.
Explore Herzing's MBA program to find out how it can help you achieve your aspirations. With flexible options, a supportive environment, and a cutting-edge curriculum, Herzing University is committed to helping you succeed.
Learn More About Our MBA Programs
Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Employment and Wage Statistics 2023 / Occupational Outlook Handbook 2022. BLS estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geography market in which you want to work and degree field, will affect career outcomes and earnings. Herzing neither represents that its graduates will earn the average salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, salary increase or other career growth.
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