The Master of Business Administration (MBA or M.B.A.) is a master’s degree in business administration (management).
MBA courses can come in a wider variety of formats. The most common types of MBA courses are as follows: Full-time MBA, Executive MBA, Part time MBA, Correspondence Course, Distance MBA Courses, Online MBA courses…Phew! Quite a mind-boggling choice.
Each one has its pros and cons. Though there is no single best format, the full-time MBA format can get you the biggest bang for your buck.
The average duration of full-time MBA programs can range between 1 to 2 years. You’ll find programs like INSEAD that are shorter than 1 year. The duration of part-time programs can extend up to 3 years, since students are working and studying at the same time.