(Updated) I received an email from a prospective student asking about the Harvard Extension School’s ALM in Management program. He wanted me to compare the ALM in Management vs. a full-time MBA.
In my reply, I noted that I have never taken any ALM in Management classes. My ALM concentration was history. But I have followed the Management program since it was introduced and have a full-time MBA under my belt, and feel qualified to make some comparisons.
Harvard Extension School ALM in Management vs. MBA: Where the programs differ
From my point of view, while the ALM in Management has a price that’s hard to beat, it does not compare with a full-time MBA. Here’s where I think the ALM in Management program comes up short:
There is no cohort experience, vital for building a network that can serve you long after after the program concludes.The Extension School has made some moves to boost the sense of community and establish limited cohorts, a positive step.
- Even though many of the classes are similar to those you would find in a business school, the ALM in Management degree is technically not an MBA. It’s a liberal arts degree in management (!). This fact may cause skepticism among some potential employers.
- Many instructors are not Harvard faculty, and there is
no affiliation with the world-famous Harvard Business School(however, HBS faculty are now apparently allowed to teach HES courses, see below).
- While online classes are a lot of work for students, they are not a substitute for in-person learning experiences. Extension School students have complained about some of the deficiencies in the past.
- Some recruiters view any part-time business degree with skepticism.
- Among recruiters, the reputation of the school has been damaged by HES graduates who have omitted their Extension School background on their resumes. In some cases graduates have innocently followed the Harvard Extension School resume guidelines, but in many cases there have been deliberate attempts to portray themselves as graduates with a Harvard MBA or Harvard College degree.
In other words, it’s a mistake to assume the ALMM is like a Harvard MBA lite. That said, I think there is real value in some of the on-campus classes that expose students to important business concepts. There are takeaways that can be brought back to the workplace, or help students shift their careers in a new direction. For students who cannot enroll in a full-time MBA program, ALM in Management classes are an attractive alternative.
2020 Update: At one time the ALM Management faculty list did not have any faculty with Harvard Business School affiliations, but that has now changed, as the example below demonstrates. It’s a great development, and an opportunity for ALM Management students to study under HBS faculty.