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Most people consider a full-time MBA course as a preferred mode of study to excel in the field of business management. An MBA qualification helps graduates to bag fast-track jobs where they can interact with customers and drive business goals placing themselves on a path of growth. A career after MBA is often exciting and challenging.
On the other hand, a part-time MBA is a convenient option for those who are unable to take up a full-time MBA course due to many reasons such as household commitments, work commitments, financial constraints etc. In simple words, it is not possible for all to pursue management courses through regular classroom learning mode. For such candidates, a part-time MBA is a good choice to pursue their dream of doing an MBA.
Considering the rising demand for part-time MBA courses, hundreds of institutes have introduced part-time MBA or PGDM (Post Graduate Diploma in Management) courses. The scope of a part-time MBA course in India is growing rapidly and a part-time MBA degree from a top MBA college will help students land jobs with good salary benefits.
Duration of Part-Time MBA Course
Part-time MBA or PGDM courses last for two or three years. The classes for part-time MBA courses are not conducted regularly as compared to a full-time MBA course. Most colleges conduct classes on the weekends while some conduct classes in the evenings. Participants must maintain minimum attendance prescribed or set by the institute to be eligible for exams.
Benefits of Part-Time MBA Course
Part-time MBA course has numerous benefits/ advantages. Here is the list of some of the major benefits of part-time MBA courses in India.
Career Growth: Working professionals who are looking to equip themselves with the latest skills and trends in the business management domain can take up a part-time MBA course. The course will help working professionals evaluate whether the career growth they are expecting is in accordance with the demand of the industry or not. Based on the observation, the working professionals can develop the necessary skills so that it will lead to better career prospects/ up-gradation of existing positions.
Exposure: Part-time MBA course provides great exposure to participants on new things associated with the subject that will multiply the chances for individuals to work with like-minded people and interact with them. The course helps participants take up new responsibilities with access to better remuneration. All in all, a part-time MBA course will improve the expertise of a person as he/ she will be exposed to different topics of business management.
Flexibility: Part-time MBA courses offer flexibility to the candidates. Working professionals can attend the classes during the weekends/ holidays/ evenings without causing any disturbance to their professional career. The course will help working professionals manage their job, studies and family responsibilities simultaneously.
Tuition Fee Funding by Company: In most cases, the companies encourage their employees to take up a part-time MBA course for upgrading their qualifications and skills. In such cases, the companies fund the tuition fees for part-time MBA courses with certain conditions. It will reduce the financial burden of the applicants.
Faster Promotions and Incentives: A professional degree in MBA will add weightage to a person’s resume. Working professionals more often take up a part-time MBA course for promotions and incentives. In most IT companies, after a certain level of promotions, an MBA is almost necessary for faster growth.
Low Fees and Minimal Competition for Admission: Compared to the full-time MBA course, the fees for a part-time MBA course is less. On the other hand, the competition for admission to part-time MBA courses is relatively less compared to a full-time MBA. The admission process is mostly straightforward and less competitive.
Other Benefits: The curriculum and structure of the part-time MBA course are almost similar to the traditional MBA course. Therefore, candidates who choose part-time MBA do not miss the essential components of the course.
Scope of Part-Time MBA Course
Even though part-time MBA concept is the latest one, it has emerged as the preferred management course due to numerous reasons. The scope of a part-time MBA is thus getting wider with every passing year. The scope of a part-time MBA course is elaborated below: -
- Part-time MBA from top colleges offers excellent career prospects. The course is approved by UGC/ AICTE and is at par with the regular MBA courses.
- The placement trends for part-time MBA degree is high as the course is widely acceptable by the corporate sector.
- Working professionals enjoy good career growth after completing a part-time MBA course.
- Entrepreneurs will also have a good career path with a part-time MBA course, as they attain the necessary skills for running a business venture.
While joining a part-time MBA course, the candidates must be careful as some institutes offer a part-time MBA course without AICTE/ UGC approval.
Also Read:Government Jobs After MBA
Placements Opportunities after Part-Time MBA Courses
After the completion of the part-time MBA course, high career growth in the existing organisation is possible for the participants. Most recruiters also prefer candidates with part-time MBA degrees as the key eligibility criteria of the course is work experience. Most institutes offer part-time MBA courses only to those candidates who have at least 3-4 years of work experience. These candidates will not only have experience but also skills in business management.
Working professionals can switch over to entrepreneurship after completing a part-time MBA course. The course will help such professionals in attaining the skills necessary for running a venture. In all, the placement scope for part-time MBA degree holders is at par with regular MBA graduates.
Top IIM Colleges for Part-Time MBA Course
Most IIMs offer part-time MBA courses to candidates with work experience of 2-4 years. However, the admission to part-time management courses in IIMs is based on work experience and CAT / GMAT score. Some institutes also conduct their own entrance test for the course. Here is the list of some of the top IIMs that offer a part-time MBA course.
Name of the Institute
Name of the Course
Rs. 12.70 lakh
Rs. 10 lakh
Rs. 8.26 lakh
Rs. 11.90 lakh
Rs. 15 lakh
Rs. 18.92 lakh
Top Part-Time MBA Colleges
Following are some of the non-IIM colleges that offer a part-time MBA course. The admission process of these colleges is based on UG percentage or management entrance exam score and work experience of at least 2-4 years.
|Name of the Institute||Name of the Course||Full Fees|
|IFIM Bangalore||PGDM for Working Professionals||Rs. 2.65 lakh|
|LBSIM New Delhi||PGDM||Rs. 3.48 lakh|
|MBA Executive||Rs. 5.60 lakh|
|MBA||Rs. 4.75 lakh|
|MBA||Rs. 2.48 lakh|
|JBIMS Mumbai||MBA||Rs. 1.53 lakh|
|IMT Ghaziabad||PGDM||Rs. 6 lakh|
|FMS Delhi||MBA Executive||Rs. 51,000|
|MDI Gurgaon||PGPM||Rs. 9.37 lakh|
|XLRI Jamshedpur||PGDM (BM)||Rs. 11 lakh|
|University of Engineering & Management, Kolkata||MBA||INR 2.4 lacs|
|ICFAI Hyderabad||Executive MBA||INR 6.1 lacs|
|VELS University, Chennai||MBA||INR 75,000|
|MIT Art Design and Technology University||MBA||INR 1.16 lacs|
|NSHM Knowledge Campus, Kolkata||MBA||INR 68,3000|
|Jagannath Institute of Management Sciences, Rohini||MBA||INR 1 lacs|
|Shoolini University, Solan||Executive MBA||INR 2.7 lacs|
|SP Jain School of Global Management, Mumbai||Executive MBA||INR 15.7 lacs|
These were some of the top b-schools offering part-time MBA in India. If you need help with admission to the MBA colleges in India, just fill our Common Application Form (CAF). Check out our other related articles for more information about MBA in India.
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FAQs Regarding Part-Time MBA Course
|What is the duration of a part-time MBA course?||Part-time MBA courses are generally 2-3 years long. In some colleges, the maximum time allowed to complete a part-time MBA course can go up to 5 years.|
|Is a part-time MBA course easier than a full-time MBA course?||While the course curriculum for both part-time and full-time MBA is almost the same, the course curriculum for a part-time MBA course is considered to be a bit easier than that of a full-time MBA.|
|Is it beneficial to do a part-time MBA in India?||Yes. Part-time MBA courses are immensely valuable in the corporate sector. Part-time MBA courses allow professionals to gain an MBA degree without causing a gap in their work experience. Hence, they are not just accepted but even encouraged by many private companies.|
|Is a part-time MBA better or DIstance MBA?||It mostly depends on the style of study, convenience and personal preference of a candidate. In Distance MBA, a candidate is not required to visit any campus and the course is delivered via online mode but in part-time MBA, classroom study is involved, which is preferred by many students.|
|Will I get placement after completing a part-time MBA course?||No. Colleges do not offer placement services for part-time MBA students. This is because the candidates who join part-time MBA courses are mostly working professionals. In many cases, the MBA education of students is sponsored by their recruiting company itself.|
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