Embarking on a journey into the world of business is a life-changing endeavor. People that are drawn to risks and rewards associated with entrepreneurship, management, or corporations can duly benefit from seeking out a Master of Business Administration (MBA). However, it’s important to acquaint yourself with the different types of MBA degrees.

Understanding what are different types of MBA courses can drastically change your career trajectory. If you’re wondering, “what types of MBA programs are there?” you’re not alone. Most MBA options include courses in the standard tracks such as Economics, Finance, and General Management. However, there are types of MBA degrees that can focus on Entrepreneurship, Leadership, and Strategy that can be just as enticing.

If you’re looking to expand your career options, make yourself eligible for a higher salary bracket, position yourself for greater leadership opportunities, or want to increase your knowledge base, read on to learn what are the different MBA programs that are available to you.

Choosing an MBA Option

The MBA major options are frequently divided into three main categories with subcategories to each. The first thing when looking at different types of MBA courses to determine which is suitable for you, it’s worth considering whether you should enroll in a full-time program, part-time program, or an online program.

Full-Time Programs

Full-time types of MBA programs generally fall within a 2-year course or 1-year course with, as the name suggests, a full-time workload.

2-Year Full Time MBA Programs

These types of MBA course loads will encompass two academic years split into four semesters. The first year is usually reserved for completing the general course requirements to build the fundamentals of what different types of MBA degrees will require. Once the core courses have been finished, the second year allows you to focus on your specialization.

1-Year Full-Time MBA Program

A 1-year full-time MBA program is an accelerated course load that usually requires applicants to have prior experience, both academic and business-related, in order to secure a position.

Of the different types of MBA degrees, this one is most frequently sought by experienced professionals looking to open different career avenues in their current field or industry. As the time needed to earn this MBA is compressed, the workload reflects this with an increase in intensity.

Part-Time Programs

For those who can’t take extensive time away from their current occupation to pursue an advanced degree, a part-time program offers an opportunity to earn an MBA. These programs usually consist of evening or weekend classes that allow students to continue working throughout the week as well. The EMBA (Executive MBA) is designed for working managers, for example. (Read our related blog, EMBA vs. MBA: 5 Key Differences.)

Online Programs

If you’re searching for types of MBA programs that offer the most flexibility, there are a number of high-ranking accredited universities that offer online courses. By applying to online MBA programs, you can continue to work and build experience while still being able to access a variety of concentrations.

Deferred Admissions MBA Programs

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