Part-Time MBA

 

Part-Time MBA

Part-Time MBA Courses, Eligibility, Top Colleges, Syllabus, Admission Process, Fees, Exams, Jobs

Part-Time MBA is one of the trending courses in India. It is a course that is introduced to working professionals who want to pursue an MBA while doing their job. This course is also helpful to all those persons who are not able to afford the fee of a regular MBA. And have some family commitments which is why they are not able to attend college for pursuing an MBA.

The duration of Part-Time Courses is two-three years because classes are not conducted on a regular basis. Most of the part-time course classes are conducted in the evening or on weekends only. The candidate must have ensured that they attend minimum classes which are prescribed by the institutions for appearing in the examinations.

Hundreds of institutions regularly offer Full-Time MBA or PGDM Programs, but all can't pursue management programs through traditional classroom learning mode, with a program duration of two years.  A part-time MBA is a good choice for them to pursue their dream of doing an MBA. Accordingly, many MBA Colleges have started offering part-time MBAs in India.

Career growth through Part-Time MBA India is increasing rapidly and now the best Part-Time MBA Degrees in India are offered by MDI, IMT, Symbiosis, and NMIMS amongst others. In addition, IIM's Part-Time MBA has also reinforced the concept of taking part-time MBA courses. As per MDI Gurgaon, “MDI’s Post Graduate Diploma in Management (Executive Management Program) is a rigorous, demanding, and relevant program for working executives who have no prior exposure to formal management education.”

Part-Time MBA Course Highlights

Below is the table indicating the key highlights of the Part-time MBA Course:

ParticularsValue
Course TypeDegree
Course LevelPost Graduate
Course Duration2-3 years
Eligibility CriteriaCandidates must have completed graduation from a recognized University/institute
Admission ProcessMerit-based and entrance-based
AgeNo specific age limit
Examination TypeSemester based
Top SpecializationsMarketing, Finance, Operations, Sales, Human Resources, Business Analytics, Supply Chain Management, Health Care Management, and Digital Marketing
Average FeeRs. 8-22 lakh for the entire course
Average Annual SalaryRs. 6-24 lakh per annum
Job ProfilesOperations Manager, Area Sales Manager, Project Manager, Business Analyst, Business Development Manager
Top RecruitersAccenture, Infosys Limited, EY, HDFC Bank, HCL Technologies, Amazon.com Inc, Wipro Technologies Ltd., Genpact, Cognizant Technology Solutions Corp, Tech Mahindra Ltd, etc.

Why study a Part-Time MBA?

A part-time MBA program is best suited for those who want to earn an MBA degree while doing their job. The best part of doing a part-time MBA is that there is no time boundation and there is flexibility for attending classes. Like every coin, there are perks and disadvantages associated with a Part-Time MBA. Generally, opting for this option will allow you to focus on your managerial skills without leaving your job. Although more and more working professionals are choosing to study part-time MBA, the career growth that they get after completing this course is more within their organization. There are some top business schools such as IIMsFMSIIFT, and Delhi University among other institutions offering Part-Time MBA programs.

Part-Time MBA Admission Process

Part-Time MBA Eligibility requirements for admission differ based on the institution, either through entrance exam scores or on a merit basis. Renowned institutions rely on a merit-based admissions process. In addition to nationwide entrance exams, various states hold their management entrance exam for MBA admissions. Some of the best state-level exams include MAH CETOJEE, TANCET, APICET, KMAT, etc. Students must invest in MBA books when thinking about pursuing the course as it will help the students obtain admission to the top colleges.

Part-Time MBA Eligibility Criteria

(i). The eligibility criteria of the program part-time MBA are quite simple as you just need to fulfill a minimum of criteria for the program.

(ii). You need to have a bachelor’s degree from a recognized university to get admission in a Part-time MBA. The university should be UGC approved and if distance then UGC-DEB approved.

(iii). There has to be a minimum of 45-50% of marks in a bachelor’s degree.

(iv). There are some universities that offer you direct admission and some of them take the entrance examination for admission.

Part-time MBA Application Process

The Part-Time MBA application process on the basis of merit is defined as an admission process that only requires a previous graduation score to be considered for the exam. Generally, universities and institutes ask for an entrance test while granting admission to MBA study programs.

(i). Students are required to apply to the institute via an online application form available to them on the institute’s website.
(ii). After filling out the application form and paying the application fee, students are required to wait for the university's actions.
(iii). The university assesses a pool of applications and decides for itself if the candidates' scores in his/her bachelor’s meet their criteria.
(iv). In the event that all the documents are correct and the score is correct, admission is granted.

Part-Time MBA Entrance Exams

A candidate's ranking in the entrance exams determines his admission to the Top MBA Colleges in India. There are different forms of Part-Time MBA Entrance Exams. Some help applicants gain admission to colleges nationwide, some help statewide, and some colleges arrange for admissions to MBAs. Below are the entrance exams conducted at the national and university levels for MBA courses:

GMATCATNMAT
TANCETMATCMAT
MAH CETXAT

Skills Required

After securing an MBA, many people are looking for Part-Pime MBA Placements. This is because after securing an MBA, one is expected to work as a manager in various industries. A good manager has the necessary skills to excel in various roles and responsibilities. Aside from being a good communicator, a good manager also has the necessary qualities to lead and motivate others.

Strategic SkillsDecision makingManagerial skills
Leadership SkillsAbility to work under pressureGoal-oriented
Entrepreneurial skillsAnalytical thinkingPersuasive skills
Business AcumenCommunication skillsInterpersonal Skills
Finance skills

Part-Time MBA Fees Structure

The fee structure is different in each of the institutes. There are different types of universities that offer MBA programs part-time but the fee structure is different. Such universities are divided into private and government universities. The average fee structure of an MBA Part-Time Course is approximately Rs 80,000 to Rs 6,00,000 for the complete program.

Selection Criteria: Part-Time MBA

After the written examination, special group meetings and personal interview rounds are held to prepare the nominees' final merit list. Once all the assessments have been completed, the colleges or universities communicate and disseminate the ranking of the selected candidates on the basis of a written test, a group discussion, and an individual interview. The final allocation of places to applicants will follow the admissions process. The candidate will have to pay the course fees and register for the respective academic year.

(3). Course Comparison

Part-Time MBA V/S Full-Time MBA

Differences between both courses are as under:

ParametersPart-Time MBAFull-Time MBA
Delivery of ProgramIt is offline and with the advantages of attending classes on weekends or evenings classes.Regular classroom study with a fixed schedule and timetable of classes is the mode of program delivery in a full-time MBA program.
Course Duration2 Years2 Years
Intake ProcessFixed time period to seek admission into a Part-time MBA program.Since the number of seats is fixed, there is a lot of competition to get a seat in a full-time MBA program.
Admission ProcessThe admission process for a Part-time MBA is much simpler. You need to fill out the application form and can also go for the entrance examination.The admission process of a regular MBA or full-time MBA is complex and requires a qualification in the entrance exam organized on the state or national level. If you want to secure admission to a full-time MBA then, you need to pass the entrance Exam, Group Discussion and Personal Interview are some of the rounds one has to go through to get selected for a full-time MBA program.
FeesRs. 20000 to Rs. 8 lakh3 to 10 lakhs
CurriculumThe curriculum of a Part-time MBA is quite concise.The curriculum includes both theory and Practical training in regular MBA programs.
ExposureA part-time MBA offers you industry exposure and field visits with a handful of work experience.Regular MBAs provide industrial visits, factory visits, and field visits are an important part of a full-time MBA program and are part of the curriculum.
Principles of TeachingFixed and strict schedule for assignment submission, exam dates, and class participation.Fixed and strict schedule for assignment submission, exam dates, and class participation.
NetworkingYes, there are continuous classes and teacher interaction. Also, you can get alumni connected to learn about their experiences.Students can have continuous interaction with faculty members and fellow students. Hence, networking is there on a large scale between the students, guest faculty, and other members which is an advantage.
PlacementA placement process is conducted at the end of each final academic year and students have the opportunity to get hired by the best companies tied up with the program.A placement process is conducted at the end of each final academic year and students have the opportunity to get hired by the best companies tied up with the program.

(4). Part-Time MBA Course Specialization

MBA part-time specialization There are several specializations that have been offered by the universities. Here we have listed them for your reference:

Supply Chain ManagementIT and System ManagementGeneral Management
Corporate ManagementRetail ManagementAccounting Management
Agriculture Business ManagementOperations ManagementSales and Marketing Management
Finance ManagementHealthcare and Hospital ManagementInternational Business Management
HR ManagementMarketing Management

(5). Top Part-Time MBA Colleges

A part-time MBA is a program being enrolled by numerous aspirants that are seeking knowledge without leaving a job. it enables you to pursue the program part-time MBA with the credibility of doing it from the top college on distance mode.

Here we are listing some of the top colleges that are offering part-time MBA programs to the aspirants:-

MBA Part-Time from IIM

IIM is one of the top universities in India that offers a part-time MBA. Students who wish to pursue their further studies via part-time mode from IIM can do so from IIM BangaloreIIM Indore, and other IIMs listed below:

Name of IIMFee (Rs.in Lakhs)Exams AcceptedMinimum Work Experience Required
IIM Kashipur (Dehradun campus)Rs. 16,96,000CAT/GMAT/EMAT3 years
IIM Kozhikode (kochi campus)Rs. 8,00,000CAT/GMAT/EMAT-Executive Management Aptitude Test3 Years
IIM LucknowRs. 13,55,000CAT/GMAT/XAT/GATE/ WMP Entrance Exam3 Years
IIM BangaloreRs. 18,50,000CAT/GMAT/GRE/IIMB Test4 Years
IIM Kozhikode (Kozhikode Campus)Rs. 10,00,000CAT/GMAT/EMAT-Executive Management Aptitude Test3 Years
IIM IndoreRs. 15,00,000NA5 Years
IIM TiruchirappalliRs. 11,80,000CAT/GMAT/Own Test3 Years
Best MBA Part-Time Colleges in India

Mentioned below is a list of the best colleges in India that offer part-time MBAs along with their fee structure.

Name of CollegeFee (Rs.in Lakhs)Minimum Work Experience Required
IFIM BangaloreRs. 3,50,0002 Years
School of Business Management –NMIMS, MumbaiRs. 4,75,0002 Years
K J Somaiya Institute of Management & Research, MumbaiRs. 2,65,7342 Years
LBSIM New DelhiRs. 3,25,0002 Years
Symbiosis Institute of Business Management (SIBM) PuneRs. 6,10,0002 Years
XLRI JamshedpurRs. 10,72,0002 Years
MDI GurgaonRs. 9,73,0002 Years
IMT GhaziabadRs. 6,00,0002 Years
JBIMS MumbaiRs. 1,53,0002 Years
FMS DelhiRs. 51,0005 Years 
Top Government & Part-Time MBA Colleges in India

Government management institutes are the first choice among students due to their good reputation in the corporate industry as well as the rest of the world. IIMs have become a brand synonymous with management training. Some of the top government & private part-time MBA colleges in India are mentioned below:

Type of CollegeName of College
GovernmentSMS Hyderabad
IIM Calcutta
DoMS IIT Madras
IIM Ahmedabad
UBS Chandigarh
FMS Delhi
PUMBA Pune
DMS IIT Delhi
VGSOM IIT Kharagpur
JMI New Delhi
PrivateSCMHRD Pune
IBS Hyderabad
KJ Somaiya SIMSR
SIBM Pune
Integral University, Lucknow
XIMB Bhubaneswar
Techno India University, Kolkata
GITAM Institute of Management, Visakhapatnam
Christ University, Bangalore
School of Business Management SVKM's Narsee Monjee Institute of Management Studies
SCMHRD Pune
(6). Part-Time MBA Job & Placements

Part-Time MBA, despite being of recent origin has become a preferred management program for working professionals. Many working professionals after completing their course switched over to entrepreneurship which is considered the best Part-Time MBA placement. So, for those who wish to embark on Entrepreneurship with managerial skills, a Part-time MBA can prove to be a good option.

The objective of opting for a Part-time MBA is more focused on managerial skill enhancement without quitting your job than seeking fresh Placements. Although more and more candidates, especially working professionals who do not wish to quit jobs, are opting for part-time MBAs, the career growth after completion of a part-time MBA lies more within the organization where you are working as you get an added qualification. As skills improve, there is no doubt that Part-Time MBA Internships are also increasing within your organization, and you are already working.

Additionally, many recruiters also prefer candidates with club work experience with Part-Time MBAs on Internship.MBA Colleges that offer part-time MBAs, however, do not run placement seasons for part-time MBA courses and job placement assistance is also of little importance. However, the part-time MBA in India from good MBA Colleges is now considered highly comparable in career growth as it is AICTE/UGC approved.

Top Recruiters: Part-Time MBA

Although part-time MBA graduates are usually working professionals, some part-time MBA recruiters hire such people. These recruiters mainly target candidates with solid work experience and expertise in various fields such as finance, marketing, and human resources. Some of the major MBA companies are mentioned below:  

MicrosoftLarsen & ToubroCitibank
AmazonNestleITC
WiproFlipkartVodafone
NTPCGoogleDeloitte
Employment Areas

Some of the most popular job fields for Part-Time MBA Candidates are finance, accounting, human resource management, business analysis, etc. Part-time MBA graduates can work in various fields such as finance, accounting, human resource management, sales, and marketing. These work areas are basic MBAs that one can choose to work in depending on their area of ?? interest.

Average Salary after Part-time MBA

Part-time MBA/PGDM holders are highly qualified and experienced to take on a variety of managerial and entrepreneurial roles. These professionals are hired by various business houses and corporations for various senior management positions. A Part-Time MBA Program, lets you evaluate whether the career growth you are expecting is in accordance with the demand or not, and helps you develop the necessary skills while keeping a job.

Top Management Institutes in India like IIM Ahmedabad witnessed an annual basic fee of around Rs.30 lakhs per year for the academic session, while the top private institute XLRI Jamshedpur has been offered an average salary of around Rs. 23 lakhs per year.

(7). Career Scope after Part-time MBA Program

Part-Time MBA Course comes with plenty of job opportunities in the marketing field. The course has emerged recently in the market, even though it has a great scope in the business world. There are lots of posts to which weekend MBA degree holders can apply. The colleges also provide great placement cells to the students.

The aspirants can also apply for government jobs after completing the MBA course through online mode. The degree holders can get placement in top-notch companies as the degree is highly acceptable in the corporate world. Some of the top posts are mentioned below:

Sales ManagerFinancial AnalystAccount Manager
Equity Research AnalystHuman Resource ManagerBrand Manager
Professor/LecturerMarketing ManagerDigital Marketing Manager
Management ConsultantProject ManagerRisk Manager
Career Options after Part-Time MBA

Students with part-time MBAs are always in demand. After completing the Part-Time MBA Degree, 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:

(1). Senior Business Analyst

A business analyst helps in analyzing the strategies for the organization, as well as understanding the other organizations working flow. It improves the efficiency of the business by identifying deals with the operational, technological, and financial risks of the organization.

(2). Brand Manager

A brand manager has a lot to do from researching competition in the market to developing several marketing strategies and looking after the design and new brand concepts to improve business.

(3). Senior Finance Manager

Financial managers have a lot to do with the financial health of an organization. They work on direct investment activities, and financial reports and make plans for the long-term financial goals to improve the financials of the company.

(4). Management Consultant

A management consultant helps and researches options for the business and suggests new ideas for development. They also identify problems and help solve them and are concerned with the overall growth of the organization.

(5). Business Development Manager

The main role of the business development manager is to develop and implement growth opportunities for the company or between organizations. They also ensure strong relationships with business partners for future growth.

Scope for Higher Education

Part-Time MBA is a Postgraduate Course that students can pursue after the completion of their BBA course. The Part-time MBA course has many specializations under it which makes the course a diverse and relevant course for students. Upon completion of the Part-time MBA course, the students can pursue a Ph.D. course, as it can help them enter the field of research. Additionally, a Ph.D. can also help the students get an even better understanding of their specialization.

(i). PhD
(ii). Certificate course in the student’s specialization

(8). FAQs

(1). What is a part-time MBA?

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

(2). What is the average fee for a part-time MBA?

Ans. A part-time MBA is a study program with an average fee range of Rs. 8,00,000-22,00,000 for the entire duration.

(3). What is the difference between a part-time MBA and Distance MBA?

Ans. There is no such difference between a Part-Time MBA and a full-time MBA as only the classes of part-time have been held on weekends or evening batches and in full-time MBA we have regular morning classes.

(4). What are the eligibility criteria for a part-time MBA?

Ans. The eligibility criteria for a part-time MBA is that a candidate must graduate with at least 60 percent aggregate marks from any discipline.

(5). Is a Part-time MBA considered relevant by the industry?

Ans. Part-time MBA is a relevant and approved course by UGC-AICTE and is valued in the industry.

(6). What is the duration of a Part-time MBA?

Ans. The duration of the program part-time MBA is 2-3 years. It solely depends on the university.

(7). For whom is the Part-time MBA best suited?

Ans. A part-time MBA is a program best suited for aspirants who wanted to make a career in management or make their own business.

(8). What is the average salary of a candidate after completion of a part-time MBA?

Ans. The average salary of a candidate after completion of a part-time MBA is around Rs. 6,00,000-24,00,000 per annum.

(9). Is it easier to get into a part-time MBA?

Ans. Getting admission is not so easy in a part-time MBA as you have to give an entrance examination for the same.

(10). Is a Part-Time MBA worth it?

Ans. MBA often kick starts your career incorporates however it is not like an MBA from any source will yield the same result. Every coin has 2 sides; similarly, there are its own perks & disadvantages of a Part-Time MBA. A part-time MBA is Flexible, Learning Intensive, Enhances Career Growth, Low fee program to fast track your career in the management field. Given the low fee structure and equal learning as compared to a Full-Time MBA, Part-Time MBA is worth a spend if you are looking for managerial education without leaving your current full-time Job.

(11). Shall I opt for a specialized Part-time MBA or a generic one?

Ans. Opted a part-time MBA is a better choice for one who can have it.  As it enhances your skills and knowledge.

(12). Is there an age limit for the students interested in pursuing a Part-time MBA program?

Ans. Although there is no hard and fast criterion for age limit, some of the institutes do have age limit criteria, which range from 27 years to 50 years.

(13). What are the pros and cons of Part-Time MBA learning?

Ans. There are no cons to a part-time MBA as one can have many advantages of doing a part-time MBA you can do the program with the current job. as it allows you to do the program in parallel with the course so yes it opens up various better job opportunities.

(14). Is the curriculum of a Part-time MBA as rigorous as a full-time MBA?

Ans. Yes, the syllabus for part-time and full-time MBA is similar.

Part-Time MBA
Course

Part-Time MBA

Part-Time MBA Eligibility
Eligibility

Candidates must have completed graduation with 50% from a recognized University/institute

Part-Time MBA Course Duration
Duration

2 Years

Course Type
Type of Course

Post Graduate

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