Choosing the right MBA program for yourself is essential. There are different types of programs for different learners, and there are plenty of options regarding specializations as well. This article will help you understand all the different types of MBA programs, including Master of Business Administration online, two different full-time MBA programs, Executive MBA, and more.
Full-Time MBA (2 Year)
Almost every top business school offers a 2-year full-time MBA program. The first year focuses on building the foundation for business management. You learn business strategy, gain communication skills, and learn the core of business. The second year lets you choose a specialization and elective subjects.
This program can work for full-time students but can be difficult to follow for working professionals.
Full-Time MBA (1 Year)
Similar to the 2-year full-time program, this 1-year full-time MBA program is also offered by some of the best universities around the world. Essentially, it is the same program just with the advantage of accelerated learning.
These programs will be more focused on just the core fundamentals of business and will not have the option of additional electives for students.
Part-Time MBA
Unlike the first two MBA programs, this MBA program is much more preferred by working professionals. A part-time MBA allows you to choose a schedule that works for you. While this MBA program will take more time to complete in the long run, when it comes to daily learning, you will have an easier schedule.
Executive MBA
These are specialized MBA programs designed for working professionals looking to upgrade their careers into a leadership role. These MBA programs usually have an eligibility requirement of 3-5 years of working experience.
These also fall into the category of part-time MBA programs and the lectures are usually conducted in the evenings or on weekends.
Online MBA
Online Master’s in Business Administration programs can be full-time or part-time. These are flexible and convenient courses that allow students to learn from the comfort of their homes. Similar to how offline MBA courses can have different durations and specializations, online Master’s of Business Administration programs can have the same.
General Management MBA
This is the type of MBA that helps you gain a better understanding of the four core business strengths, i.e., finance, HR, operations, and marketing. If you wish to get a management degree that will help you gain in-depth knowledge of these aspects of business management then this MBA would be for you.
Specialized MBA
As the name suggests, a specialized MBA program is a degree that helps you focus on learning one aspect of business management from start to finish. You will find various specializations among MBA degree programs such as:
- MBA in Finance
- MBA in Marketing
- MBA in Human Resource Management
- MBA in Information Technology
- MBA in Business Analytics
- MBA in Entrepreneurship
- MBA in Healthcare Management
Depending on your interests and career objectives, you can pick your MBA specialization.
University MBA
These are the MBA degrees offered by public and private universities. While there isn’t much difference in curriculum and specializations, university MBAs can be more affordable and better funded than MBA degrees from private institutions. Some examples of university MBA programs are MBA programs provided by universities like Harvard University, Stanford University, Guglielmo Marconi University, and more.
Institute MBA
Institute MBA programs, on the other hand, are the programs offered by private business and management institutions. These are also renowned business schools that are equally difficult to get into. Being private institutes, they do cost more.
These institutes are preferred because they usually offer additional benefits to business students like placement and networking opportunities. Some examples of institute MBA programs are MBAs provided by the Indian Institute of Management (IIM), Great Lakes Institute of Management, Kellogg School of Management, and more.
International MBA
These are the types of MBA programs that focus on a larger area of business study. While still covering the core fundamentals of business management, this MBA program gives the students a global perspective.
The International MBA also known as the Global MBA is ideal for those who want to build their business career in the international landscape.
Explore UniAthena
If you want to get your MBA degree in a convenient, flexible, and affordable manner, you can explore UniAthena. You will find various online MBA courses up to your liking. You can find a course from accredited universities that can help you get a better understanding of the fundamentals of business management all online in your own time. This Master of Business Administration online course is ideal for working professionals.
You can choose a flexible plan and get your degree in the timeframe of 9-24 months. Or, you can opt for fast-track learning and get the MBA in 15 months. Register now!
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