6 advantages of pursuing full-time MBA in residential campus

Pursuing an MBA course is a life-time venture – both in terms of receiving a higher education degree and financial investment. As a result, students want to pursue the best management degree at affordable tuition fees.

A full-time MBA programme can be offered either in residential mode or non-residential mode. Students may have the option of choosing between residential and non-residential programmes.

Often, students try to cut down expenses by opting out of residential campuses and choosing to pursue the MBA degree near home. Also, migrating from one state to another or one city to a completely different location is not a comfortable idea for all.

However, many experts, academicians and former MBA students believe that the best management education is received in a residential campus.

In this article, let us try and look at some advantages of pursuing fulltime MBA in a residential campus:

 

1. MBA experience

MBA is not just a two-year course. It is two-year lifetime experience. Management education goes beyond the classes held in campus. It involves developing network, solving cases, group discussions, debates, workshops, activities and so much more. To experience an MBA programme in its entirety, candidates need to spend time with batchmates and professors outside the classes. A residential campus is perfect for the wholesome MBA experience. Candidates can spend more time interacting with each other and solve cases in a hostel-environment. It also encourages community living.

 

2. Diversity

Various business schools believe in having a diverse class both in terms of gender diversity and academic diversity. A diverse class brings forth innovative ideas and good work place ethics along with various other positive aspects. Interacting with the diverse class cannot be justified in the few hours of classroom. For this, candidates need to spend time out of class and know each other.

Even if the MBA class is not diverse, it doesn’t hurt to spend more time with classmates and getting to know each other.

 

3. Networking

As mentioned before in the both the points above, networking is vital and hence spending time with classmates out of the classroom setting is crucial. It also inculcates a sense of camaraderie with fellow classmates and academicians, while doing assignments and working on case studies together.

 

4. Extracurricular activities 

Participating in extracurricular activities form an important part of MBA life. Often, recruiters and potential look for candidates who have a well-rounded profiles. Extracurricular activities are not just limited to sports and arts. It could be a various clubs such as finance club, marketing club and so on. A day scholar’s time is limited on campus. However, a residential campus provides a much better opportunity to participate in such activities.

 

5. Time & Distraction

“Staying in a residential campus can save a lot of travel time,” says Sanjay Salunkhe, director of iFEEL institute, Lonavala. “These two years are very crucial for career progression. When one stays with the family, there are chances of distraction from studies. Moreover, lectures can be scheduled as per convenience of students on campus,” he adds.

 

6. Innovation & Entrepreneurship

MBA campuses, much like engineering campuses, are the hubs of innovative ideas. Amidst assignments, case studies, workshops and organising festivals, students get together discuss ideas – ideas that can become successful business models tomorrow. And residential campuses are ideal for such lively interactions.