Hybrid MBA Programs Growing Popular
Plenty of prospective MBAs don’t want to give up their jobs to go back to school. So what if the promotion you want requires an MBA?
Part-time programs have long been a popular solution to this dilemma. But the Wall Street Journal points to another, digital-age option: hybrid programs, blending limited class time with extensive online work. One Johnson & Johnson employee used Babson’s Fast Track MBA to land a plum gig overseas without having to take time off of work for school. Universities like the programs because they’re cheaper to run”if students aren’t on campus, they don’t need campus services.
But there are downsides. Students don’t spend as much quality time with their classmates, so there’s less opportunity to network. “There just isn’t enough team building or interpretation of emotional quotients,” says one dean, explaining why many business schools don’t launch hybrid programs. And career changers might want to think twice, because they typically don’t provide the same level of counseling.
Ultimately, traditional rules for choosing a b-school apply: Students have to go with the program that suits their needs best.