Can I Transfer From a Part-Time MBA Program Into a Full-Time MBA Program?
Many part-time MBA students have wondered if it would be possible for them to transfer into a full-time MBA program. There are many reasons that one would want to make the switch, and the good news is that transferring into a full-time MBA program is definitely possible. Changing from a part-time student to a full-time student may present some challenges and a period of adjustments, but the positives may just outweigh the negatives.
The #1 Benefit of Entering a Full-Time MBA Program
The number one reason that a full-time MBA program is more attractive than a part-time one is the time management factor. Students who attend part-time programs often are managing a full-time job at the same time, not to mention family and personal responsibilities. Taking the time off from work to pursue a full-time MBA program will allow completion of the program in a shortened time frame as well as allowing the student to focus fully on their education. According to Businessweek, trying to juggle a full time job and a part-time MBA program is incredibly difficult. U.S. News also documented the difficulties that part-time MBA candidates face when attempting to finish their degree while maintaining a full-time career.
How to Transfer from a Part-Time to Full-Time MBA Program
The first step in the transfer process is the speak with the person in charge of your MBA program, assuming that you will be staying at the same college or university. It may be necessary to submit a full application and pay an application fee despite already being enrolled as a part-time student. Speak to your department chair or other personnel to decide when would be the best time to transfer into a full-time program. It may be wise to have the transfer go through at the beginning of a semester instead of in the middle of one.
How to Prepare to be a Full-Time MBA Student
It will be necessary to do a financial assessment before starting a full-time MBA program, especially when leaving a career to complete the program. While enrolled as a part-time student, tuition was spread out and a bit easier to manage. As a full-time student, the price of tuition will seem greater, but since it will be for a shorter period of time over all, there may be a small financial savings after transferring to a full-time program. Prepare to manage time effectively to handle the increased work load and time spent in class. If necessary, make provisions for child care and house maintenance in order to fully focus on being a full-time MBA student.
Should the decision be made to leave a part-time MBA program and transfer into a full-time MBA program, rest assured that this is a road that many have taken. Transferring is a possibility that comes with many benefits and the process does not need to be a stressful one. Stay organized, complete all the necessary paperwork properly, remain in contact with the professionals in your MBA department and get ready to get to work!