Making a decision on which type of MBA course to choose is not entirely that easy, as there are many advantages and disadvantages when opting for a part time or full time course.
Part time courses normally take three or more years to complete as the working professional only has time to study after they have finished work for the day or at the weekend.
A part time MBA course is efficient because it is flexible and allows you to further your career at the same time as you are working. This works out well as you are receiving an education and earning money simultaneously. It is also much less of a strain on finances, as part time courses are often a lot more affordable for those who work.
The main disadvantage of part time MBA courses is that it can be very difficult trying to juggle work and study, especially if you are continuing with the course for more than two years. Another drawback is that many part time courses do not offer a study abroad option, which could be an excellent opportunity to gain some international experience.
A full time MBA course is more demanding but allows you to complete your MBA course sooner. The more intensive course may mean you get to know your fellow students better, and working with others is an important life skill.
However, the biggest disadvantage of full time MBA courses is the cost for the two years. It is advisable to speak to an MBA university in London who can advise you what financial aid may be available to you. There are various avenues for finanical aid, one of which are public funding bodies, who offer monetary resource in the form of grants to help towards your living and maintaince costs while you study.