Part Time MBA

Duration : 2 Years

Course Fee: ₹ 50000 to 250000 Approx /-
Eligibility: Graduation Degree

About Part Time MBA

Definition of the Part-Time MBA

Various universities provide regular on-campus MBA (Master of Business Administration) or PGDM (Post Graduate Diploma in Management) courses, but all can't study management courses through regular classroom learning platforms, with a course duration of two years. For them, a Part-Time MBA is the best option to study their dream of doing an MBA. Accordingly, many MBA colleges or universities have started providing part-time MBA in India. Career growth through Part-Time MBA in India is growing fast and now the Best Part-time MBA Degrees are provided by MDI, IMT, Symbiosis, and NMIMS amongst others. Besides, a part-time MBA from IIMs has also strengthened the concept of doing a part-time MBA Program. This program is a rigorous, demanding and relevant program for the working professional who has no prior exposure to formal management learning.

Key Features of the Part-Time MBA Program
Some of the key features of studying a part-time MBA from top MBA colleges are:

Program syllabus: A part-time MBA has a similar syllabus as that of a regular MBA.

Convenient: Since classes are held on weekends & outside business hours on weekdays the part-time MBA program is more flexible as compared to regular MBA.
Attractive: Adding an MBA degree along with your current job is one of the most attractive features of studying a part-time MBA program.
Networking: Networking is the essence of an MBA course and a part-time MBA provides great opportunities for networking both in your existing organisation and with the other professionals you meet through the course.
High Rate of Investment: A large portion of professionals may not be able to pay the fee of a regular advanced MBA course. Thus a part-time MBA is cheaper & economical.

Advantages of Part-Time MBA Program

If you are a working professional, have less time, wish to gain more by spending less and want to have career growth within the organization, the part-time MBA course is a good proposition for you:

Flexible: Since classes are held on weekends & outside business hours on weekdays the part-time MBA course is more flexible as compared to regular MBA.
Low Fee: The fee for a part-time MBA is low as compared to the regular MBA & since you are studying for an MBA along with the Job, you get to earn studying part-time MBA.
Learning: Generally faculty for a part-time MBA is the same or at par with the regular MBA in an institute, hence learning experience is similar to a regular MBA.
Exposure: Since you are studying MBA along with the Job, you get to apply & polish your managerial skills along with the regular MBA
Career Growth: A part-time MBA program, lets you evaluate whether the career growth you are expecting is by the demand of the industry or not, and helps you enhance the necessary skills, all the while you hold down a job.

Skills Required for Part-Time MBA Program

Many students look for part-time MBA placements after gaining their degrees. This is due to the expectation that someone with an MBA will work as a supervisor in different businesses. A manager not only communicates well but also possesses the skills & knowledge that are needed to inspire and guide employees. Below, we have discussed all the skills necessary for a part-time MBA for working professionals.

Managerial skills
Goal-oriented
Persuasive skills
Decision making
Ability to work under pressure
Analytical thinking
Business acumen
Leadership

Top Part-time MBA Colleges in India

Among the top part-time MBA colleges with their Part-Time MBA Fees for various part-time MBA programs are top PGDM colleges like MDI Gurgaon, IMT Ghaziabad, NMIMS Mumbai, SIBM Pune, K J Somaiya and others. Here is the list of the top Part-time MBA colleges in India:

College Name	Total Fees (INR)
XLRI Jamshedpur	1072000
MDI Gurgaon	1070300
FMS Delhi	100000
IMT Ghaziabad	600000
Symbiosis Institute of Business Management (SIBM) Pune	7,03000
LBSIM New Delhi	570000

To claim your admission with these colleges, fill out the form available at the right of the blog and get your free admission counselling today from our senior counsellors.

Eligibility Criteria for Part-time MBA Program

Unlike in the regular MBA, the Part-time MBA eligibility criteria are not as strict. This particular course objective is to find students who are working professionals.

Students should have finished their Graduation (B.A, B.Com, BBA, B.Tech, B.Sc. ) in any field from a recognised university with a minimum of 50 per cent marks or its equivalent CGPA.
Students should have a minimum of three to five years of work experience.
There is an age limit prescribed by a few universities or colleges that offer part-time MBA degrees. According to some universities or colleges, the age of a student should not be less than 27 years and not more than 50 years.

Part-time MBA Program Duration

Part-time MBA program time duration is two to three years, depending on the coursework. Generally, classes of part-time MBAs are held during the weekends or evenings. It is suitable for students who are currently in a job and want to excel in the management field by studying an MBA without neglecting the job.

Fee Structure for the Part-time MBA Program

The part-time MBA Program fee is usually less than the regular MBA fee. Top MBA colleges in India charge an average fee of up to Rs. 15 lakhs for their full learning course. The MBA fee structure covers learning, industrial training, and boarding facilities.

The average part-time MBA fees range from Rs. 2 lakh to Rs. 10 lakh for the full programs, depending on the choice of college. Private colleges generally have high fees compared to government colleges.

Part-time MBA Program Application Process

Part-time MBA Program Eligibility requirements for admission differ based on the universities or colleges, either through entrance exam scores or on a merit basis. Renowned universities rely on a merit-based admissions process. In addition to nationwide entrance exams, different states hold their management entrance exam for MBA admissions. Some of the best state-level exams include MAH CET, OJEE, TANCET, APICET, KMAT, etc. Students must invest in studying the program as it will help them students obtain admission to the top colleges or universities.

After the written examination, universities or colleges conduct some special group meetings and personal interview rounds to prepare the candidate's final merit list. Once all the assessments have been finished, the colleges or universities communicate and disseminate the ranking of the selected students based on a written test, a group discussion, and an individual interview. The final allocation of places to students will follow the admissions process. Students will have to submit the program fees and register for the respective academic year.

Career Options After Part-Time MBA Degree?

After finishing the part-time MBA degree program, the doors are open in Marketing, Finance, Operations, Human Resources, and so forth. Check the list of job opportunities for a part-time MBA graduate:

Business Development Executive: Business development executives develop and implement growth opportunities for the company or between companies or organisations. They also ensure strong relationships with business partners for career growth.

Brand Manager: Brand managers have a lot to do from performing research on competition in the market to growing different marketing strategies. They also seek the design and new brand concepts to enhance business.

Management Consultant: Management consultants help and look for choices for the company and suggest new ideas for development. They also identify issues help in solving them and look after the overall growth of the organisation.

Senior Finance Manager: The Senior Finance Manager has a lot to do with the financial health of an organisation. They work on direct investment activities, and financial reports and make plans for the long-term financial goals to enhance the financials of the company.

Senior Business Analyst: Senior Business analysts help in analysing the strategies for the organisation or companies, as well as understand the other organisations' working flow. It improves the efficiency of the business by identifying deals with the operational, technological, and financial risks of the organisation.

Top Recruiters

Although Master of Business Administration (MBA) part-time graduates are usually working professionals, some top part-time MBA recruiters hire such skilled students. These recruiters mainly target students with strong work experience and expertise in different fields such as finance, marketing, and HR. Some of the top MBA companies are mentioned below:

Google
Deloitte
Citibank
ITC
Larsen & Toubro
Nestle
Microsoft
Amazon

Salary After Part-Time MBA

Part-time MBA degree holders are highly qualified and experienced to take on different managerial and entrepreneurship roles. These professionals are hired by different business houses and companies for different positions in senior management. A part-time MBA course, lets you evaluate whether the career growth you are expecting is per the demand of the industry or not. Part-Time MBA degree program helps you develop the important skills, all the while you hold down a job. Below, we have provided the part-time MBA salary in India.

Job Roles	Salary in INR (approx.)
Business Development Executive	6.74 LPA
Brand Manager	8.42 LPA
Management Consultant	12.93 LPA
Finance Manager	10.95 LPA
Business Analyst	6.78 LPA

Conclusion

In India, almost all states host business schools that provide part-time MBA courses. The presence of quality management colleges in each state facilitates easier access for students to study for an MBA without having to travel to another state. An MBA part-time has advantages and disadvantages, just like any other course. In general, studying for an MBA part-time degree will let you focus on enhancing your leadership ability without neglecting your career.

Frequently Asked Questions

Ques 1. What is a part-time MBA program?

Ans. Part-time MBA is a master's degree course in management and business administration. The Part-time MBA program duration is of two to three years with evening and weekend classes.

Ques 2. What is the average fee for a part-time MBA program?

Ans. Part-time MBA is a study course with an average fee range of Rs. 8 lakh to Rs. 22 lakh for the full duration.

Ques 3. What are the best job profiles for working professionals in part-time MBA programs?

Ans. Operations Manager, Area Sales Manager, Project Manager, Business Analyst, and Business Development Manager are some of the best job profiles for working professionals in part-time MBA.

Ques 4. What are the important skills required for a working professional in a part-time MBA program?

Ans. After finishing an MBA course, one is expected to work in the industry as a manager. The organisations expect these managers to be professionals with good managerial skills that include various skills.

Ques 5. Is a part-time MBA degree valid in India?

Ans. Yes, the part-time MBA Degree program is valid in India but make sure to check the validity or recognition of the university or college from which you are studying your part-time MBA.

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