Both programs are tailor-made for working professionals who want to pursue an MBA degree while maintaining their full-time jobs. Both are lesser cousins of their full-time peer even though the fee is similar or higher. Both are less immersive – peer learning, networking etc. – than a full-time program. And the graduates from both the programs generally continue in their pre-MBA industry.
However, there are some key differences between the two:
(Note: Admission policies of schools and guidelines for standardized tests can change. Refer to their website for the most updated information.)
Source: Ross, Kellogg, Stern, Wharton, and few other schools’ websites, and 2015 mba.com Prospective Students Survey Report