• Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh

Part Time MBA - Rank Vs Cost

This topic has 3 member replies
readytolearn Newbie | Next Rank: 10 Posts Default Avatar
Joined
21 Mar 2013
Posted:
2 messages
Test Date:
Dec 2012
GMAT Score:
730

Part Time MBA - Rank Vs Cost

Post Thu Mar 21, 2013 5:38 pm
I am a mid-level manager in the field of IT with 10+ yrs of experience and want to grow in the same field. I am little confused with school selection for my part-time MBA. Main dilemma is Rank Vs Cost. I live in Midwest and can attend some excellent schools such as Booth or Kellogg, or can also attend good schools such as Kelley or Carlson or Foster(have a job offer in Seattle).

Cost of Booth or Kellogg is twice the cost of other good schools listed. For Full-Time MBA, selection between these is no-brainer but I am not sure on return on investment for part-time MBA. Your thoughts are welcome.

Need free GMAT or MBA advice from an expert? Register for Beat The GMAT now and post your question in these forums!
essaysnark Legendary Member
Joined
20 Sep 2009
Posted:
795 messages
Followed by:
85 members
Thanked:
177 times
Post Fri Mar 22, 2013 8:24 am
Hey readytolearn - love that handle BTW!

A little confused about where you're at in the process - did you already get accepted to these schools? Or are you at the beginning of the process and trying to decide where to apply?

Regardless, we can offer some input on the question.

First up: "ROI" in the context of an MBA can be a very individual calculation. Each person has different priorities for what they're seeking from an MBA, and different schools may address those priorities differently.

Our reaction to what you wrote though is pretty black-and-white: If you're saying that Booth/Kellogg are the "no-brainer" choice for a F/T MBA, then why would that be any different for a P/T program?

You graduate with the same MBA from the same school. You get access to the same network of amazing alumni. The one variation is that some schools offer different recruiting resources for the F/T students vs P/T (no on-campus recruiting for part-timers at some places) - but that's it.

You might even argue that the ROI on a part-time MBA is **greater** because you don't have the same opportunity cost of foregoing a paycheck for two years in pursuit of the degree. Of course, completing an MBA while holding down a job is not that easy. Quality of life should be factored into the decision-making process.

Here's an article from the EssaySnark blahg that relates to your question: "Will a P/T program give me what I need?" http://essaysnark.com/2012/08/will-a-part-time-mba-give-me-what-i-need/

The real question to ask is, what do you want to do with the MBA - specifically? Your username indicates you want to get an EDUCATION which is kinda cool (not everyone seems to have that focus!). From that perspective, you can't go wrong with any of these places - you're going to learn the same core skills of accounting and finance and marketing and all that jazz. A Booth accounting professor probably isn't THAT much better than one at Carlson (if at all). You need to look at what ELSE you want from it - from two angles:

- electives, concentrations, and specializations
- career opportunities

If you're just progressing in a tech field and not trying to swap out to something different like consulting or whatever, then maybe you don't need a marquee name. Maybe taking your Seattle job offer and going to Foster will do you just fine. There's plenty of tech companies hiring out of their MBA program all the time. If your new job will help pay for the MBA then that may trump everything.

If you want to do some specific kind of thing in technology though... you'll want to consider what each program offers. Kellogg has a special joint degree with their McCormick School called MMM - it's not available for part-timers but the relationship with that other great school means that you'd have resources at your disposal that are unique. Booth has a big focus on data and analytics in EVERYTHING they do, across the board in their MBA curriculum. If you want to take your tech career in a certain direction, then these opportunities should be considered.

If you're just asking, "Is ranking worth twice the price?", well... that's a very difficult question for a complete stranger to answer for you.

EssaySnark

_________________
EssaySnark has MBA application guides for HBS, Stanford, Booth, Wharton, NYU and pretty much any other school you can name - including a fully revised and expanded 2015 Columbia essay guide!
http://essaysnark.com/bookstore/
* * * * * * *
The Indians' Guide to Getting In maps out everything you need to evaluate your own profile and select your schools. http://essaysnark.com/ssguide/quicksnark-the-indians-guide/
* * * * * * *
MILITARY CANDIDATES! We've got some pro bono offers just for you: http://essaysnark.com/military-mba/
* * * * * * *
Follow EssaySnark on Twitter!

readytolearn Newbie | Next Rank: 10 Posts Default Avatar
Joined
21 Mar 2013
Posted:
2 messages
Test Date:
Dec 2012
GMAT Score:
730
Post Fri Mar 22, 2013 11:42 am
Hi essaysnark,

Thanks for the detailed reply. I have applied to few of these schools and finishing application for others. I said selection for FT mba is no-brainer because of the overall package of the program. FT opens new doors to make career changes. Then there are Alumni network, student clubs and above all, great placement services.

Most of colleges don't offer placement services for PT students. Curriculum and professors are sure the same. Since PT students don't spend lot of time in campus, I wonder how much they can really gain out of student clubs or alumni activities.

I am not looking for career change. I love what I am doing and want to grow vertically in the same field. I am pursuing MBA for two main reasons. First, to get good knowledge on fundamental subjects such as marketing, finance etc., and second, to develop and hone my overall leadership and operational skills.

None the less, I know that having Kellogg or Booth in my resume will sure help to seal some great opportunities that I may find in my career path.

essaysnark Legendary Member
Joined
20 Sep 2009
Posted:
795 messages
Followed by:
85 members
Thanked:
177 times
Post Fri Mar 22, 2013 12:11 pm
Sounds like you've done your research and you're an educated consumer going into it. Most schools let P/T students participate in clubs but obviously scheduling prohibits much of that, so you're right, that's another sacrifice for the part-timer (though EssaySnark is a tad skeptical on how important that part is in the overall value proposition). It's great to see that you're evaluating all sides of it. Good luck on those apps and let us know how things turn out for you!

_________________
EssaySnark has MBA application guides for HBS, Stanford, Booth, Wharton, NYU and pretty much any other school you can name - including a fully revised and expanded 2015 Columbia essay guide!
http://essaysnark.com/bookstore/
* * * * * * *
The Indians' Guide to Getting In maps out everything you need to evaluate your own profile and select your schools. http://essaysnark.com/ssguide/quicksnark-the-indians-guide/
* * * * * * *
MILITARY CANDIDATES! We've got some pro bono offers just for you: http://essaysnark.com/military-mba/
* * * * * * *
Follow EssaySnark on Twitter!

Best Conversation Starters

1 Vincen 180 topics
2 lheiannie07 61 topics
3 Roland2rule 54 topics
4 ardz24 44 topics
5 VJesus12 14 topics
See More Top Beat The GMAT Members...

Most Active Experts

1 image description Brent@GMATPrepNow

GMAT Prep Now Teacher

155 posts
2 image description Rich.C@EMPOWERgma...

EMPOWERgmat

105 posts
3 image description GMATGuruNY

The Princeton Review Teacher

101 posts
4 image description Jay@ManhattanReview

Manhattan Review

82 posts
5 image description Matt@VeritasPrep

Veritas Prep

80 posts
See More Top Beat The GMAT Experts