PT MBA makes sense if you can see it playing into a promotion through your current job, and possibly using the network for a new job further down the road. If you BS your way through your goals essay and don’t present them with your actual plan, don’t expect them to come up with a new one for you. They aren’t trying to cater to the “I don’t want to go FT because I don’t want to keep making money” crowd. They’ll let you in, but don’t expect the FT program.
elparko, for top-10 schools, FT is significantly better than PT. Education may be the same, but don’t kid yourself, textbooks are only a fraction of the reason you goto b-school.
Also, the “it still says NYU on your resume”reasoning isn’t exactly true, because:
1) unless you don’t list your experience during your PT MBA (absurd), then it will be clear, based on your work experience, that you were going part time.
2) you will go through different recruiting channels for the FT and the PT program. Whoever is reading your resume will know where they got it from. Maybe this is what people are complaining about, but it’s not like NYU leads you on and makes it seem like this isn’t the case before you start. This is why their main focus in the app process is on your goals essay and your “why part-time” essay. If you BS these, and don’t really have a good reason to go PT over FT, it will come back to bite you.