MBA is the most pursued Masters program by the students, one of the primary reason being the opportunities it provides. But MBA is continuing to evolve with many new programs implying that students will now have more and more opportunities to earn the degree in just one year, or even less time, than the usual two year time. In this blog, we will discuss the best business schools in the world that offer a one-year MBA degree.
What is a one-year MBA degree?
Generally, a traditional MBA program takes two years to complete. A one-year MBA is a full-time MBA program for professionals with work experience of two or more years. When compared academically, 1 Year MBA is as vigorous as a regular MBA program. Nowadays, all the top MBA colleges offer this program. Many top business schools have been offering an MBA that only takes one year to complete, such as the Kellogg school of management. One of the benefits of this degree is that the financial burden is comparatively less than the two-year program. The overall costs of these kinds of MBA programs tend to be less than two-year MBAs, especially considering the cost of living. Many professionals also take this course to enhance their skills.
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Career after a one-year MBA
After doing a one-year MBA abroad course, you can either join your previous company in a better position or apply for a higher job in another company. You may also join the family business or could start your venture.
If you are fresher, you can apply for a job in business administration, like management or finance, and become a financial analyst, operations research analyst, etc.
- Minimum two years of work experience or candidates already working in senior managerial roles
- An undergraduate degree is required; some schools prefer candidates with a Bachelors degree in business or economics.
- Good GMAT/GRE scores
- Most schools require English proficiency exam TOEFL/IELTS scores
- Essays, resumes and LORs and interview are the other essential requirements.
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Top Business Schools offering a one-year MBA degree
The Kellogg School of Management
Kellogg’s one-year MBA is one of the highest-ranked programs. The MBA starts in the summer with a pre-enrollment course. The MBA is highly personalised, and students can choose from over 200 electives for their curriculum. Moreover, candidates can select from various fields, including data analytics, entrepreneurship, growth and scaling, healthcare, real estate, social impact, and venture capital & private equity.
University of Cincinnati
The University of Cincinnati’s MBA can be completed in one year or 16 months – if candidates decide to undertake an optional internship. The program focuses on giving students a wide range of electives and 20 specialisations.
Marshall School of Business
USC Marshall’s one-year MBA is ideal for mid-career professionals who want to grow their experience and land international, top-tier positions. The program focuses on giving candidates an immersive and global learning experience, with a wide range of global business consulting projects to participate in.
Sawyer Business School
Students can complete the program in as little as 11 months if they choose to study full-time. Aside from core courses, candidates must take four MBA electives as part of concentration areas, including accounting, business law and ethics, entrepreneurship, and healthcare administration.
Florida International University, Chapman Graduate School of Business
FIU’s one-year MBA program focuses on giving candidates a deep understanding of global issues. Students can choose to study abroad or elect an internship experience at an international or multinational company. Apart from the core and elective courses, students must take four Professional Development Seminars (PDS) – team building, presentation skills, case analysis and career services.
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1. Can I earn my MBA Online in one year?
Yes, you can earn an MBA degree online. It is one of the most convenient ways to achieve an MBA degree.
2. When to consider a one-year MBA program?
Students who want an advanced education in business may consider a 1-year MBA. This Masters degree program is provided to those who already have a Bachelors degree.