Project Manager–should I Go For A Full Time Or Part Time Mba?? Or Other Opportunities?
I am a project manager with 5 years of work experience in the healthcare industry in Orange County, CA. I am looking for career advancement to hopefully be an executive one day. Should I get an MBA, and if so should I go full-time or part time? People say the network is important, but I see that you can network in both Full Time or Part Time. If I could find an exciting job and advancement without getting an MBA, I would consider that too. Let me know your thoughts or if you have any recommendations (MBA school, Job, etc.)
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Basic advice:
Part time: Not too much networking if you fly-in, if you live near by, networking is up yet not as much as full-time. Although the people you will network with would be higher up the food chain within the next 3-10 years.
If you go to a top shool, it is a lot of time, you will have no life for 2-3 years and I mean no life. Also you can not do a huge carreer change, maybe go into consulting or something, hard to go to investment backing etc without doing and intern.
Full time: Fun, filled with neworking, best way to change your carreer and get an MBA job, if you go to a top shool, estimate making 100K starters with 15K bonus, up to 130K + 40K sign on bonus, top in my shoold was 200K starters last year. You get an intern, so you can change carreer easy.
MBA in general, do it only if you are going to do Chicago GSB, Hardvard or Wharton maybe Columbia, Stanford or Kellogg. Other than that, think twice. Read the article about value of MBA from some Stanford PhD, google it
http://www.daylon.com/mba/
There’s a great site with just about everything one would need to know about an MBA, along with links to several universities.
Good luck.
an MBA is definately worth it. think about it like this; an MBA will open more doors for you than not having one. You will have a competetive advantage over many other candidates. MBA’s also average more money than non-MBA’s. The idea is that you invest time and money in order to make more money. Don’t worry about the loans. You will be able to pay them off. If you want to be an executive in some capacity, then you will need the MBA.
You could try looking at Executive MBA or Weekend MBA programs. You will be able to go full time, without having to go to class in the day. These programs are made for working adults, which many MBA students are. As far as what school, that depends on where you want to take your career. The more specialized your degree, the more committed you are to a specific career path.
Good luck.
I’m assuming you are working for a hospital currently. I’d think the best route is to move to a PM position on the vendor side of things. You’ve probably worked a project that involved Cerner, Eclipsys, Epic, GE, or one of the other large vendors – that experience can be the foot in the door for a position with one of them. Then have them pay for your MBA.
I currently work as an apps specialist/PM for a healthcare software vendor that’s paying 100% of my MBA, including textbooks. Don’t know what the others do as far as tuition reimbursement, but they’re probably competitive. E-mail me at lothar6680@yahoo if you want more info.
Please, i need your assistance here, I have a sponsor for my mba program but i dont have a job yet, i dont know if i should go for the full time program or the part time program, though i have been applying for different jobs and am scared of going for full time if about a week or a month later am now called by one of the organizations to come and start work. what shouls i do ……..should i risk it by doing full time or i should do part time which is 2years…..of which in this economy job is only available with the help of God… what should i do….