Taking a decision about enrolling for an MBA programs to a great extent depend on certain variables like the affordability of the program, the specializations offered by it and the duration of the program. Out of the three, two that are most significant and to an extent related to one another are the factors of affordability and time. The tenure of the program and the affordability are both directly proportional to one another and highly dependent on each other. There are many different angles to answer whether the length of the MBA program does make any difference? However, after a lot of deliberations, research and discussions MBAupdates presents you with you some easy solution you can choose as your answer. The answers are subjective in nature.
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Answer 1- This solution depends on the type of MBA you are looking for. If you are a professional with a minimum 2 years work experience and looking only for an Executive MBA of sorts for a leap in your career then you should ideally not be attempting to go for any program lasting for more than one year. Even if in case you do something like that you tend to nullify the added advantage of the MBA course by the loss of two or more years of work experience. This brings you back to pavilion with respect to your salary. These courses are more affordable as the executives’ affordability kept in mind while pricing the coursework aligns with their opportunity cost lost with one year’s break at work. Yes, in this case the length of the MBA program definitely makes a difference. While pursuing an Executive MBA you are looking more for a titular course rather than detailed framework, so is the case with Part Time MBA programs which professional pursue simultaneously while working.
Answer 2- If you are a fresh graduate looking to complete your circle of education with an impactful MBA, then yes two year course definitely makes a difference to you. As you have no work experience you need to dedicate more time training yourself with an in-depth course detailed for a specialization of your choice. The investment you need to make will be way more than the other flexible MBAs but it will be worth it as your entire career could depend upon the credits taken during the MBA coursework.
Thus the question has personal answers, each student or professional’s primary motives of procuring the degree could be different. However the guiding factors that remain the same irrespective of the individual’s decision and circumstances are the consideration of the opportunity costs of money. That one considers in each of the answers given above. Choose any of the solutions above as your answer before you choose an MBA program with a set time period.
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