Which MBA type is for you?
There are many different types of MBA Programs out there. It can be tough to decide which one is the best fit for you. This blog post will outline the 7 most common types of MBA programs so that you can start narrowing down your options.
Each type of program has its own unique benefits and drawbacks, so make sure to do your research before making a final decision. Take your time and find the program that will help you reach your professional goals!
This is a great option if you want to finish your MBA course in a year. It has a shortened length of time to complete the program and get a diploma. This type of course is, however, demanding, and students are rarely able to work in the 12-month period whilst undergoing the study program.
Unlike full-time MBA programs, part-time MBAs offer a more relaxed environment. Classes only occur during the evenings and weekends, thereby allowing you to be able to still work for a company while you study. However, part-time MBAs can take at least twice the amount of time. There are also schools that let you graduate from a part-time MBA course within 18 months. This is a better option for those individuals who would like to spend time working whilst studying.
It is now possible to undertake an online MBA where you needn’t attend classes on the campus itself. This is an option if you do not have a flexible schedule. Independence, time management and project management skills can be developed through online MBAs. This is a recommended option for working professionals and students who cannot afford to spend lengthy amounts of time in classroom sessions.
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Executive MBAs take the format of a part-time MBA with classes during evenings and weekends, and can be completed within one or two years, depending on the chosen specialization. This MBA program is particularly recommended and crafted for working professionals who have five or more years of work experience and top-level or middle-level management backgrounds.
A Joint MBA is probably one of the most exciting types of MBA programs available for business leaders. They are designed to tie opportunities for learning and experience from various countries and campuses worldwide.
The network that you will foster when enrolled in a joint MBA is extensive. There will be seminars and training, as well as conferences in international companies.
A Modular EMBA is similar to a part-time MBA program, however it does not require you to attend weekend classes. Modular EMBAs require a student to participate in seminars, training and conferences and even practical courses for one or two weeks every few months. On occasion, a student exchange program is allowed. It may require travel but it guarantees the development of a fresh perspective and a growth of knowledge in the field of business.
This MBA program integrates both classroom and online formats. Presence on-campus is only necessary during weekends for discussions and meetings. You also have to be online to attend webinars, video conference sessions, forum discussions, online tests and exams. The physical presence required allows you to personally interact with your classmates and be able to find and build networks, and also lets you explore topics which are best undertaken in a classroom environment.
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The IMD MBA aims to develop leaders who challenge what is and inspire what could be, while transforming organizations and contributing to society.
We do so by focusing on reflective and responsible leadership, in which participants define challenges through a critical and holistic approach, while leveraging collaboration in order to have impact, all underpinned by knowledge proficiency and an open mindset.
We spend much time in the admission process trying to get to know our participants, so that when they arrive on campus, we know what their goals and objectives are and can tailor our support to each individual. The small class size and the personalized nature of our program results not only in strong bonds between the participants but also with the institution and all those associated with it, a relationship which extends well beyond graduation.
IMD is the #1 Business School worldwide for open programs
#1 worldwide for open programs for nine years in a row - 2012-2020 (Financial Times)
Top 3 worldwide for executive education / combined ranking for open & custom programs for nine years in a row - 2012-2020 (Financial Times)
Top 3 worldwide for overall ranking (open and custom programs) for eight years in a row - 2012-2019 (Financial Times)
