The UT program is 22 months. Class every other weekend and two one-week Austin Intensive sessions to kick-off the Fall semesters. You also do one international trip that last for a week during the 22 months.
Full time MBA's are less than two years. They start in September and end in May the following year. Plus they have summer/winter breaks. So full time MBA's are closer to 18 months. I know the UT/Tulane/Rice EMBA goes 24 months straight I believe so you get roughly the same equivalent time in the classroom. Being fully in the environment though could let you get more out of it and the internship probably would help a great deal too from a learning standpoint. Learning more should be the goal as an MBA doesn't guarantee anything. In my mind its a waste unless its from a top 50 recognized school.
If you're interested in changing careers, full-time might be a better option. I loaded up on Finance and Accounting electives at McCombs so I could transition from Engineering into Banking.
Great. Left old job, partied non-stop for 2 years in b-school, then came out with a career change and much better job.
I currently have 14 months of work experience. How much longer should I wait before considering this? Also, what sort of qualifications do schools look at besides work experience and GMAT scores?
Whizkid, my wife just got done with her EMBA from Cornell/Queen this past Dec 09, convocation will be in NY and Canada this May. The whole program cost almost 100k$, it took her 17 months of weekend classes and 2 two-weeks of classes in NY and Canada. The cost in my opinion is quite high, we are blessed that money is not an issue with us as my wife is working and I'm doing well with my medical practice. I know the cost of the program is a big issue , I'm on the fence about this, not sure if the program is worth it or not. I do support my wife 100% so I told her to go for it, only time will tell I guess!
Desihooper, I tried emailing offsite again, but I found the email you have with Clutchfans (the altel one) to not work, just fyi.
Thanks for all the good advices. I think my company doesn't sponsor MBA program anymore (at least that's what I hear) so the cost is going to scare me a little bit. I hear what you guys are saying about potentially not networking as well and that is one of my concerns, still, I don't think I'm at a point where I want to give up the paycheck and saddle up a tuition fee so it will be difficult to do a full time. It is good to hear so many people with experiences with a pmba/weekend mba as it points to such degrees being more and more mainstream.
The average work experience is around 5 years at McCombs. I had just under 4 years when I started. Essays and quality of work experience are equally and, in a lot of cases, more important than GPA and GMAT in the admissions process.