NYU Part Time MBA

If going back to Asia (Hong Kong) is a primary goal (FYI, I've been currently working in NY for 4 years at a MM bank), would a NYU part-time MBA be worth it? Know that many people typically advise against the program as students don't get the full benefit of a recruiting process/career center as full-timers do, but thought the part-time program would still be reasonable if it'll essentially get you the same degree once you go back to Asia. Just got a promotion from an analyst to an associate at a MM bank so I find the opportunity cost a bit high especially in this shakey job market... The other alternative I'm also considering is to pursue an EMBA degree after working for 4-5 additional years. Does EMBA students get relatively better recruiting benefits than part-timers?

 

NYU is a solid top 15, probably top 10 in some circles. This of course refers to the full-time program. I guess everyone's view is different with regards to what constitutes top tier but my guess is top tier is the top 10. If you look at industry specific classifications then things change.

 

Can't speak for Booth but NYU part timers don't have access to on campus recruiting. If you are planning to stay with your current company and want to move up the ladder, by all means, it should do it for you. If you are looking to switch careers or companies, you face an uphill battle unless you have friends in high places.

 

If you want to switch careers, full-time is definitely the way to go. Each school places some kind of restrictions for on-campus recruiting. I though NYU allowed them to do it under certain conditions, not sure what they were. A friend at Chicago switched from PT to FT because he didn't have access to OCR.

To get a sense for that have some permission, Haas allows you to participate once- either for internship between 2nd-3rd year, or for FT. That said, those guys coming into interviews are already being looked at skeptically. A couple of alums in BB IBD have told me "If they really had the desire and balls to do finance, they would have gone full-time" . Take it for what you will

 

I am about to graduate from Stern's part-time program and have mixed emotions. The only reason I went back to school is b/c I thought it would open up the doors in the trading world and my company agreed to foot the bill. For those reasons it was a great decision. However, what the person said about career switchers is absolutely true. Don't think you're coming part-time and will get the recruiting benefits of the full-timers. The way B-Schools are ranked is on full-time placements so if they allow part-timers to recruit and take jobs away from full-timers then thats a bad thing. PLUS, lots of banks and companies I think secretly don't want to recruit part-time students because they don't want to poach other people's talent if they're paying for it and they want to mold them in their own special way.

The curriculum and professor's are the same which is great and there are tons of people to meet but the full-timers and part-timers don't mix too well although since we have jobs and they usually don't in this economy they're a bit more willing to hang out. There is a career center for working professionals but it's largely a joke. They'll tell you to network and attend this awful 12 part recruiting program so you can do OCR but you can't miss a session or even be late. Waste of time in my opinion.

Bottom line, Stern is a great school but if you're switching careers go full-time. If not then use your existing networks to open up some additional doors. If you network right then you'll be able to land a good job and more importantly once you graduate your MBA from Stern will look the same on your resume as someone who went full-time.

Little pigs get fed, fat pigs get slaughtered
 

Good thread. I agree with everything that was said. Part time is great for those who want to move up at their current firm, especially if their employer agrees to pay for it. Chicago booth part-time students do have access to the same professors as full-time, and the gleacher center in downtown is awesome. But they don't have access to on-campus recruiting, which is a HUGE negative since it makes the job search process a lot tougher. Given that it costs the same as a full-time program, I don't think it's worth it for those who want to switch to a different firm after an MBA.

 

bump. I am also interested in this.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

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