A friend of mine has a similar situation, and he chose to go. He wants to switch career as he said the hard skills learnt from engineering are not durable. He'll always lose out to the newer, fresher and smarter graduates in the field of software engineering. I'm not an engineer so it's hard to understand what he meant. USD150K shouldn't be a problem if your profile fits with a "typical" MBA student. That's not high at all but you have more flexibility in terms of choosing jobs and locations. Hope it helps
Not sure about non-executive part-time MBAs. From my in-class experience (sadly), executive MBA attendees play with blackberry and answer phone calls all the time (This surprised me because some exerted the effort of flying to the city to come to class!). They make comments for the sake of making comments. Professors had to entertain them by avoiding the hard/technical stuff, because the schools rely on executive programs for revenues. Students were not motivated to learn because their companies pay their tuition, they are tired from work and the flight, and to be frank, they don't need the knowledge. It'll frustrate you if you're there for the knowledge...
BUT - If you don't mind the delays of O'hare or JFK every week, and can find productive use of your flight times, by all means
part time 反而可以扩展人脉, EMBA上课接电话玩手机不专心听讲并不代表他们不关注新的idea,若果有新的管理方法思路,或者新的创意,这些人都会像闻到鲜血的鲨鱼一样专注,古今中外稍有成就的人都是这样,你看关云长童鞋以前跟着刘备卖草鞋,后来好不容易有时间在曹操商学院半工半读读了EMBA(曹操教授被宗吾先生赞为“心最黑,黑的发亮”千古流芳)才学会了看春秋经常眯缝着眼像睡觉,两军阵前照咪不误,但是谁要真以为他睡了,就等着掉脑袋吧。
本人,男,29岁,三年前phd 毕业以后再bay area 工作, fortune 100 大公司, sr engineer title, 工资100k (算中等偏低,在bay area). 做的是engineer非主流的冬冬, 不是IT, EE,之类. job market and candidates都不大. 主要是看了一下mba毕业以后,好像工资也没有太高,正在犹豫.
I am on the same boat...I decided to go for part-time MBA. It costs $90K,more than full time. Although I have got the offer, I am really still debating. Many people question the value of part-time MBA even if it is the same degree. I think it depends on what you can get out of it. Good luck!
LS is right - if you're planning to further your current career, part-time / EMBAs are okay. Cost is much lower and you get to keep your job
On the other hand, if you're planning to do a multi-dimensional career change (industry, function AND location), it's tough as a part-time student as part-time degrees are in general less highly regarded