F-1 (full-time MBA) to H1B (work+ part-time MBA) transition during the MBA program

[gauravhawk]

I am in the Full-time MBA program currently (on F-1 visa) and I will be graduating in May 2015. However, one of the companies is willing to hire me but they want me to start in January 2015 as a full-time employee. They are willing to sponsor my H1B for that. Also, I understand that a person on F-1 cannot work off-campus full-time nor they can do a part-time MBA. Also, I do not want to loose the job and my MBA. Now, here is the thing. If my company gets my H1B approved for January 2015 start date, can I switch to part-time MBA starting January 2015(I will be on H1-B status and no longer F-1 status starting January 2015). This will allow me to work full-time and study part time starting January 2015 and I can complete my MBA also in addition to working full-time.

Any thoughts will be greatly appreciated.

Thanks,
Gaurav