I am considering going back to B-school in a couple years and have been weighing all of my options. I currently work in CorpDev at a F500 company that is very acquisitive.
Full-Time is definitely the most recommended route; however, I am not sure if I will be able to afford taking two years off of work and taking out additional debt. I started to looked at alternatives (online and part-time).
Online - Price point isn't significantly cheaper. I would want to enroll in U of Michigan (Ross), Carnegie Mellon (Tepper), Indiana (Kelley), John Hopkins, or George Washington
Part-Time - Considering U of Michigan (Ross), Northwestern (Kellogg), or U of Chicago (Booth)
How is online or part-time perceived when compared to full-time? Will companies discount my degree if I get it part-time or online?
Full-time or BUST, especially if you're footing the bill.
Online is not worth it as there is zero networking opportunity. Zero OCR opportunity as well.
Part-time is not worth it unless your company is footing over 50% of the bill OR promising a significant pay increase afterwards. And if they are footing the bill and requiring you to stick around afterwards, you can't use the degree to jump to another company/industry. You also will miss out on OCR and summer internships which is used to pivot to another company/industry because you're already tied to your current company.
Seriously, full-time or BUST. Online and part-time can be worth it in some situations, but it's very rare.
Apologize for the ignorance, but what does OCR mean?
on campus recruiting
M.S graduate from non target University. Currently 3 years work experience in public accounting at big 4.Considering part time MBA at Baruch. I know the disadvantages of part time, but unfortunately I know I wont get a high enough GMAT score to be considered for a top MBA program. I would not waste money on full time non target school. My goals would be to earn a front office banking/financial institution role. Not shooting for any BB IB, PE or anything of that sort. Would be looking at corporate banking, real estate finance roles, valuation, advisory etc... Best case would be IB at MM. Would even be willing to start as an analyst despite having an MBA. Desperately want to get out of public accounting. Does a part time MBA at Baruch seem reasonable for my goals?
You can take a look at their job placement and see if the program has sent people to IB in the past. Part time programs do not have the same OCR assess compared to full time program at some schools. So it is important to make sure you do have that access if you choose to go with the part time program. At my school, we have part time students broke into IB but majority of the folks are from the full time program.
You don’t need a high GMAT to get into better part time programs. I’d look into higher ranked online programs over Baruch some might even offer gmat waivers due to covid.
I would disagree. Some of the online programs op mentioned do have in person components and give you access to OCR. I think if you value flexibility and having a life outside doing a weekend/evening mba and working full time a quality online program should be considered. Especially now that all conferences/meetings are done virtually, having the skills to build relationships virtually could be a positive of an online program.
While not the majority, I have heard of several examples where part time MBA students have switched industries either during or after the program.
Obviously a full time program is a more immersive experience but the cost is likely 3-4x a part time program when you factor in lost wages. There might be some people later on in your career that can see you went part time by looking at your resume (work and school dates overlap) but the degree is the exact same. And I doubt in 10 years part time vs full time mba will be the deciding factor on whether you get that VP promotion or not.
There are two questions here: 1) program format and 2) quality of program.
Program format - FT is the best, followed by PT, then online. Mainly due to networking, OCR access and general regard. That being said, several years after an MBA, program format is less important and brand is more important. I would argue going to a MBA business schools">m7 MBA PT beats a T20 program FT.
Quality of program - you have way too many schools on your list and their quality varies drastically. I suggest figuring out what you want to get out of an MBA in terms of brand, paying for GW / Hopkins / Kelley's online program is a different consideration than other higher ranked online programs (i.e. Ross).
Currently 3 years post grad M.S from a non target business school. Have been with Big 4 in a tax roll since graduation. Specific tax roll I am in we do a ton of work with financials so we get a good amount of audit foundation as well. Trying to break out of tax and get a shot at a corporate banking role. I know this is extremely difficult but have a few good friends in the industry who have helped with my resume and will put in a referral for me. Targeting smaller-middle market banks as an analyst/associate. Really just trying to get my foot in the door regardless of specific role. My question is if it didn't work out with the referrals, would a part time mba from NYU or Baruch be a reasonable path to break into corporate banking? Desperately want out of Tax and accounting in general, Do not want to go the full time route at a non target.
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