Put your career on the fast track with a one-year MBA
Wednesday, June 10, 2015 | 12:00 AM
Earn your degree quickly with a one-year MBA
Are you determined to earn your Master of Business Administration in a single year? According to Poets and Quants, a social network for business professionals, your options of attending a top school narrow considerably when you’re intent on a one year MBA. However, it’s not impossible to find a good school with an accelerated degree program or an online MBA.
A 12-month program is relatively common in Europe where many prestigious schools offer one-year degrees. A recent slide show in Forbes showcased some of them. In the United States, your best option is an online MBA from an accredited college or university. Many prominent schools offer accelerated programs online.
What is a one-year MBA?
A one-year degree is a graduate-level program that allows you to earn your Master of Business Administration in 12 months. Most accelerated MBA programs shortcut the traditional two-year program by several months. Some online MBA programs offer a one-year option, and others allow you to earn your degree in less than a year. If you already have a business degree, you can get through an accelerated program even more quickly. If you don’t have a business education, a few prerequisite courses can qualify you for enrollment. One-year programs usually waive internships because working professionals don’t need them. By merging first- and second-year classes, online MBA programs allow you to complete your degree in record time.
What are the benefits of a one-year MBA?
The benefits of accelerated MBA programs are obvious. Getting your Master of Business Administration in half the time has considerable cost savings. With an online MBA, you also avoid the cost of lost income because you don’t have to quit your job to attend classes. Despite the shorter academic experience, companies that hire business school graduates usually pay one-year MBA graduates the same starting salary as those who complete two-year programs. In fact, Poets and Quants says that workers with a quick MBA often earn more than graduates of traditional programs. This is usually due to the work experience already acquired by students in accelerated programs.
Who enrolls in a one-year MBA program?
If you’re considering a one-year degree, you’re probably a working professional with experience in the business world. You want to broaden your knowledge of business, sharpen your leadership skills and get on with your career.
If you want to boost your career, a one-year MBA can equip you to make smart business decisions and new professional connections. In a few short months, you can be on your way to achieving professional success.
Source:
Byrne, John A. (July 10, 2012) “The Best One–Year MBA Programs” Poets and Quants.
Forbes Staff (2014) “The Best International 1–Year MBA Programs” Forbes.
Gandel, Cathie. (March 13, 2012) “M.B.A. Students Take Fast Track.” U.S. News and World Report
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