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For busy professionals who are required to juggle hectic schedules with the need to develop new skills to take them to their next career level, the flexibility of a part-time MBA programme can often provide the solution.
Nigel Banister, CEO at Manchester Business School (MBS), believes part-time MBA programmes are ideally suited for ambitious individuals who are time-poor, but still wish to advance their career.
He also believes part-time programmes are as academically rigorous, and achieve the same results, as their full-time cousins. "The lines have blurred between top-class part- and full-time MBA programmes," says Banister, adding that in Hong Kong as elsewhere in recent years, the part-time option has attracted a rising number of students.
While at all management levels staff need to continually develop skills, Banister says these days general competence in areas like finance and marketing is not enough. "The stakes have been raised. To progress up the management ladder, future leaders need ethical working understanding, sustainability and corporate innovation competencies."
They also need a global perspective and prove they can succeed in a multicultural work environment, he adds.
"The programme we offer is a tough course, and students who join us know they will not obtain a world-class qualification too easily," says Banister, pointing out that MBS has been offering MBA programmes in Hong Kong for 20 years.
He says that while full-time students are mostly in their mid-20s, part-timers tend to be in their 30s, are in secure employment and often have family and other commitments.