Intensive one-year MBA programs
With contribution from Sharon Tao
Business students today have a myriad of options when choosing an MBA program, and one important decision to make is whether to attend a traditional two-year program, or opt for an intensive one-year MBA degree. One-year MBA programs have become increasingly popular, but you should keep in mind that they are not for everyone. Since many one-year MBA programs usually last between eleven and sixteen months, a one-year MBA is not typically for students who will be working full-time. Thus, students should have the means to dedicate 12 months to full-time study and career development. The upside to this is that the shorter time frame will minimize the financial impact of your studies, and will not take you out of the job market for too long.
Typically, one year MBA’s are for those who are ready for a career change (whether it be a different industry or role) and for those who want to be fully immersed in class and outside activities. There are some very good one-year MBA programs in North America and Europe and here is a sample of some interesting ones:
Location: Boston, Massachusetts, USA
Program: One-Year MBA
Ranking: #41 Overall (#1 Entrepreneurship) by US News and World Report, #1 Entrepreneurship by Financial Times
Description: Ranked as the top MBA in Entrepreneurship, Babson offers an MBA program that starts in May and lasts 12 months. This program requires that applicants have a business undergraduate degree and at least 2 years of professional experience. The program focuses on core courses during the summer months, and allows students to choose their electives during the following two semesters. Average scores usually range from 600–640 depending on the year and program.
Tuition: $48,668
Columbia Business School
Program: The Accelerated MBA Program; Length: 16 months, from January to May of the following year. Students follow the same program as the two-year students , not including the summer internship; Prerequisites: None stated; Application deadline: Applications are accepted on a rolling basis, beginning in late April. The final application deadline is October 11; Recent Class Profile: Average GMAT range (of all MBA students) 660 – 760, International: 40%The Admissions Office accepts applications from candidates with a three-year degree. Those applications are reviewed on a case-by-case basis
Cost : $75,000
Cornell University
Johnson School
Location: Ithaca, New York, USA
Program: Accelerated MBA
Ranking: # 14 by US News & World Report, #13 by BusinessWeek, #29 by Financial Times
Description: Cornell’s One-Year Accelerated MBA program lasts 12 months starting in May and graduating the following MBA. This program is specially designed for individuals who already possess a graduate degree in a technical, scientific or quantitative field. It requires strong quantitative skills and professional work experience. Application deadlines: Same as for two-year MBA program; Recent Class Profile: Average GMAT: 710, International: 31%
Tuition: $62,600
Emory University
Goizueta Business School
Location: Atlanta, Georgia, USA
Program: One-Year MBA
Ranking: #20 by US News and World Report, #23 by BusinessWeek, #33 by Financial Times
Description: The One-Year MBA program at Emory starts in May and lasts 12 months. Admissions requirements include that applicants have a business or economics degree, or an engineering degree and business experience. Applicants should have strong quantitative skills and significant work experience. The program focuses on core courses and electives with the majority of core courses being completed during the summer. Average GMAT range: 570 – 710; International: 41%
University of Florida
Warrington College of Business Administration
Location: Gainesville, Florida, United Kingdom
Program: Traditional MBA - One-Year Option
Ranking: #37 by US News and World Report, #13 Regional by The Wall Street Journal, #6 by Princeton Review
Description: University of Florida offers two options for its one-year MBA. Option A is designed for students from all majors. This option lasts 12 months and focuses on core subjects and electives. Also, option A offers a 1/3 scholarship to all students. Option B is designed for business majors who completed their bachelor’s within 7 years. This option lasts 11 months and focuses mainly on electives. Average GMAT: 670
Tuition: Option A Florida Residents $9,602 Out-of-State $29,397 (including 1/3 scholarship). Option B Florida Residents $9,602 Out-of-State $29,397
Hult International Business School
Campus Locations: Boston, London, Dubai and Shanghai
Hult’s fast track, one-year MBA program seamlessly combines classroom and real-life learning, with initial modules focusing on business fundamentals, global consciousness, presentations and execution skills. When students move onto their last two modules, they are free to take part in Hult’s Campus Rotation Program, in which they can do courses at any of Hult’s four campuses (London, Boston, Dubai, and Shanghai) in order to develop a global perspective and local knowledge about four of the world’s key economies. Most Hult MBA students have at least three years’ work experience, and the average number of years of work experience is six.The average GMAT score for our Master of Business Administration is 580 due to the varied experiences and length of work experience of Hult students
Total Cost including upkeep expenses at Boston $79,800. Check at.
Northwestern University
Kellogg School of Management
Location: Evanston, Illinois, USA
Program: One-Year MBA
Ranking: #5 by US News and World Report, #3 by BusinessWeek, #19 by Financial Times
Program: One-Year MBA Program; Length: 12 months, beginning in June. Students take intensive core courses over the summer and then join second-year students in Kellogg’s 2-year MBA program in the fall and spring; Prerequisites: Most applicants have undergraduate business degrees. Other applicants will be considered so long as they have) graduated from college within the last 7 years and 2) have completed a course in accounting and in 5 of 6 other business subjects; Recent Class Profile: International (of all MBA students): 28%; GMAT range (of all MBA students): 650 - 740 Tuition: One-Year MBA Program $58,580
University of Notre Dame
Mendoza College of Business
Location: South Bend, Indiana,USA
The Notre Dame MBA places an emphasis on providing an excellent business education that puts priority on ethics and values. The curriculum provides a balanced mastery of all functional areas of business—finance, accounting, marketing and management. Signature courses in Problem-Solving and Innovation give you the tools to diagnose problems, understand the critical issues and frame innovative solutions.On average, our entering students received a GMAT score of 667, a 3.3 GPA and have worked for approximately 54 months (4.5 years).If you take GMAT multiple times we will look at your highest score only. We will not average or penalize you for multiple takes.
Total Cost including upkeep expenses Check at . $69,000 + upkeep expenses
Pepperdine University
Graziadio School of Business and Management
Campus Location: Malibu, California,USA
Pepperdine offers two options: the 12-month MBA degree for students who have fulfilled the necessary business prerequisite courses; and the 15-Month MBA degree for students who have not completed the prerequisites required for the 12-month program. Pepperdine also has a study abroad program for the fall term at an international partner university, which allows students to gain international perspectives and firsthand insight into business in another region of the world.Three years full-time professional work experience required.You must have an acceptable score on the GMAT.
Total Cost including upkeep expenses Check at. Tuition $56,274 add upkeep expenses to it.
University of Western Ontario
Richard Ivey School of Business
Campus Location: London, Ontario,Canada
Ivey Business School is the only school in Canada that adheres to the case method, and is the world’s foremost producer of Asian case studies. Through this use of case studies, students are immersed in the problems and challenges faced by real companies, and are asked to analyze data, develop alternatives, make recommendations and experience outcomes. This intense format provides students with a concentrated student experience, high caliber curriculum, and many international learning opportunities including a China Study Trip. Average Years Work Experience of admitted candidates is 4.6.The typical minimum GMAT score for successful Ivey candidates is 600
Total Cost including upkeep expenses Check at is $88,800 for Domestic students or $98,800 for International Students
University of Oxford
Saïd Business School
Location: Oxford, United Kingdom
Oxford’s program initially focuses on building a broad foundation of theoretical knowledge about business through core modules in subjects ranging from accountancy to strategy, and from managerial economics to organizational analysis. Once these core building blocks are in-place, students take elective courses to suit their career paths and choose whether to spend the summer working upon a strategic consulting project, completing an internship, undertaking an individual academic thesis or auditing additional elective courses. All candidates are required to take the GMAT test. The average GMAT score of our MBA students is around 680
Total Cost including upkeep expenses Check at is £34,500
Judge Business School
Location: Cambridge, United Kingdom
Program: MBA
Ranking: #15 by Financial Times
Description: The One-Year MBA program at Cambridge starts in September and ends in August with the culmination of an individual project. The program includes core courses, electives, a Cambridge Venture project, a global consulting project, and an individual project. One thing that distinguishes this program from the rest is its location at the heart of Silicon Fern – a concentration of new high-tech and bio-tech businesses.
Tuition: MBA Program £28,000 College Fee £2,000
Location: Fontainebleau, France or Singapore
Program: MBA
Ranking: #7 by Financial Times, #9 International by the Wall Street Journal, #6 by BusinessWeek
Description: INSEAD offers two campuses and two start dates. Students can choose to apply to the European campus in Fontainebleau, France or to the Asian campus in Singapore. In addition, there are two start dates – July and January. The program lasts 10 months and is divided into 5 periods that include core and electives courses.
Tuition: Fees for self-sponsored participants €48,800; Fees for company-sponsored participants €65,000
Location: Madrid, Spain
Program: International MBA
Ranking: #11 by Financial Times, #12 by The Wall Street Journal, #6 by Forbes
Description: The International MBA at Instituto de Empresa lasts 13 months (November – December) with a pre-program/orientation session that starts in September and includes an intensive Spanish course. The program includes core courses, electives, forums, optional business Spanish lessons, and projects.
Tuition: €45,000 + €1,050 (contribution to the IE Business School Foundation)
Location: Barcelona, Spain
Program: One-Year MBA
Ranking: #24 by Financial Times, #2 International by the Wall Street Journal, #7 by BusinessWeek
Description: ESADE’s one-year MBA program lasts 12 months starting in April. The program requires that applicants have a business or economics undergraduate degree or an engineering undergraduate degree with significant business experience. The program is divided in 5 modules, which include core and elective courses along with Spanish lessons.
Tuition: €42,500
Maastricht School of Management
Campus Location: Maastricht, The Netherlands
Maastricht’s MBA program consists of four segments, starting with a foundation segment, providing a solid knowledge base in each of the major management disciplines. The following core segment offers courses with a broader focus. The specialization segment contains a number of expert specializations. Overall, this program is designed to stimulate creative management thinking and to meet the needs of candidates lacking the theory and training required for application of management knowledge into practice. A GMAT score of at least 500 is the desirable prerequisite for enrolment.Three or more years of relevant work experience is required.
Total Cost including upkeep expenses Check at
Indian School of Business (ISB)
Campus Location : Hyderabad,India
ISB MBA : Full Time Post Graduate Program in Management offers you multiple learning opportunities in a short span of one year. Specially designed for professionals with work experience, ISB’s learning model covers a broad ground with case studies and real life projects. Through your interactions with faculty, business leaders, peers, and alumni, you will benefit personally and professionally
Total Cost $40,000
Some more one year programs are given at :
Ranked European MBA programmes and their Admission details
Top One-Year MBA Programs around the world
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