Full Time MBA Programs

Full time MBA programs are usually spread over two academic years lasting between 18 and 24 months.

Summers between year one and two are usually reserved for internships. Internships are great for experience, networking, and even future job options.

A typical first year curriculum consists of core business classes required for all students.

The second year, however, allows for elective courses that culminate into a functional specialization.

Students do not typically work full time (or even at all) during the two year period.

For full time MBAs, school is considered the most important priority. Regular class attendance during the weekdays is a must.

A full time program has features that set it apart from other MBA program types...

• It is common for students to relocate to attend their business school of choice in order to get the MBA (business school prestige, reputation, and culture are highly regarded for full time programs).
• Students from a wide variety of academic backgrounds can apply. The main requirements are some basic business skills and an undergraduate degree (in any discipline).
• The cost during that period can be very high when taking into account tuition, books, fees, housing, living expenses, and opportunity cost due to forgone income. Students usually rely on scholarships or loans for support.
• Students develop a tight bond between classmates and instructors. The same cohort group stays together for much of the program, at least during required courses.
• Career services such as campus interviews, social and professional clubs, and career counseling often lead to placing graduates into careers upon graduation. As mentioned before, internships are also helpful for finding a job.

A full time MBA program is the best choice if you are looking for career development in your existing industry or if you are looking to change careers. The main downside to a full time program is the total cost of the program (tuition, fees, lodging, living, forgone income). The return on investment (ROI) may be worth it. But you have to weigh it out for yourself.