There’s lots of information out there on part-time (or “executive”) MBAs, but although many options are available, there is little independent information out there. We’ve listed several important MBAs here, and aimed to condense the most important information about several of the highest-ranked.
Whom is an MBA for?
The “Master of Business Administration” is not just for economists. Basically, part-time or executive MBAs can build on all study disciplines, and are designed to give your career an extra push without having to take a year or two out. Do not underestimate the strain that taking on an MBA will put on your time and finances (unless you can get sponsorship from the company you work for), and make sure you plan your time well in advance.
You should also be clear of requirements before applying – executive MBAs, for example, normally require at least five years’ professional experience, and participants may often come to courses with many more years of management experience.
Top executive MBAs in the UK
London Business School – The crème de la crème of MBAs in the UK, and ranked fourth worldwide by the FT. Costs just over £60,000 for a demanding twenty-month programme.
Cambridge Judge Business School – Another twenty-month programme, delivered over weekends and week-long blocks. Also very highly ranked by the FT’s study, and costs a slightly more reasonable £52,000.
Oxford Saïd Business School – Twenty-one months’ tuition amongst the dreaming spires includes two core modules outside the UK, and costs around £60,000 (including membership to an Oxford college).
Part-time MBAs in Europe
ESCP – You can choose to either follow your MBA mostly in one place, or rotate around four different cities (Berlin, London, Paris, Madrid). Courses are taught in English for the rotating MBA and in may be in other languages for MBAs mostly hosted in other cities. Generally costs around €50,000 for a unique experience.
Insead – Rated 6th on the FT’s list, Insead offers a global executive MBA hosted predominantly in France, as well as Singapore and Abu Dhabi. This is one of the shortest programmes, lasting 14 months, and also one of the most expensive, costing just short of €100,000.
eMBAs in the US
Harvard Business School – Number one according to the FT, the Harvard Business School offers a rapid alternative to an MBA: their Program for Leadership Development. This lasts 6 months, and costs around $40,000.
University of Pennsylvania Wharton – Rated third worldwide, this is a two-year weekend programme, which can be undertaken either in Pennsylvania or San Francisco. It begins in May, and costs around $180,000, and includes housing and meals.