Here’s a scenario:
You enjoy your job but you want to do more with your life. You really want to do an MBA but you simply cannot afford to take two years off from work. What do you do?
It’s simple: you opt for an accelerated MBA program!
We know there’s a belief that one year MBAs are less valuable than two-year ones. But here’s the thing:
A one year MBA is exactly equal to any two year MBA.
Which one you should do depends almost entirely on what your academic background and work experience are. A one year MBA is just an accelerated version of the usual two-year program. The accelerated program normally relies on your existing knowledge of business while the two-year MBA takes the time to teach you the basics before moving further.
A one-year MBA is far more rigorous than the traditional two year MBA in terms of the pace and topics covered. This makes it ideal for anyone who knows their post-MBA goals clearly. Here is a list of the top 10 one-year MBA programs in the US:
1. Stern School of Business, New York University
2. Kellogg School of Management, Northwestern University
3. SC Johnson School of Technology, Cornell University
4. Goizueta Business School, Emory University
5. Joseph M. Katz Graduate School of Business, University of Pittsburgh
6. Marshall School of Business, University of Southern California
7. Mendoza College of Business, University of Notre Dame
8. F.W. Olin Graduate School of Business at Babson College
9. Southern Methodist University (SMU) – Cox School of Business
10. Pepperdine University – Graziadio School of Business and Management Is The One-Year MBA On The Rise In The USA? With applicants looking to shorter MBA programs, schools say the US could follow Europe’s lead towards the one-year MBA format When INSEAD topped the Financial Times Global MBA Rankings for the first time in 2016, it put the one-year MBA on the map. This year, it retained its position. INSEAD – with campuses in Europe and Asia – is leading the rise of the one-year MBA internationally.
Within the United States, the traditional, two-year full-time MBA program still reigns supreme. Five out of the Financial Times’ global top 10 are two-year MBA programs from the US – including Harvard Business School, where the MBA was first introduced over a century ago.
However, according to GMAC, applications to two-year MBA programs fell in 53% of US business schools in 2016. At the same time, 55% of one-year MBA programs reported an increase in domestic applicants. While applications to the Johnson at Cornell’s two-year MBA remain stable, applications to the one-year MBA have increased steadily, with the program upping its intake from 40 to over 70 students in a matter of years.
53% of students enrolled on Johnson at Cornell’s one-year MBA are international, compared to 33% on the two-year program – the one-year MBA is still more accepted internationally than it is in the US.
The one-year MBA program is marketed at the more experienced professionals; those looking to advance their careers in the same industry rather than switch career track. The current class has an average age of 29, and an average of five years’ work experience between them. Get Help from LeapQuest for your MBA Applications! Getting started early will greatly reduce anxiety, allowing you to maintain a balanced life while working thoroughly on each part of your MBA application.
LeapQuest MBA Admission service includes all elements of MBA applications that consist of:
- Shortlisting the list of target B-Schools
- Guidance in building MBA application essay write-ups (how to draft essays for mba application)
- MBA essay editing and guidance in organizing any other aspect of MBA application.
- Guidance in preparing CV/Resume
- MBA Interview preparation service in the event an MBA applicant gets an interview call from a shortlisted B-School
- Any other related part that is inside the scope of B-School application process
- Social Media Consulting
- LinkedIn Assistance
- Drafting Scholarship letters
- Application Form Guidance
A Major chunk of the MBA aspirants face a lot of dilemma in deciding whether to pursue their MBA dreams or not. There are a lot of challenges candidates face regardless of the Industry or work experience they come with. If there is something that’s stopping you from proceeding with your plans, Revert with the list of challenges and we’re pretty sure a quick discussion with our team will help you put things into perspective and take a call.
Our team of expert MBA admissions consultants helps you push for more, find your voice, and tell your story in the most compelling way possible. We help current-year and future-year applicants to top MBA programs. Start your journey to MBA acceptance at LeapQuest
At LeapQuest, our MBA consultants have helped a large number of applicants convert their dream of attending top schools around the world. Send us an email if you’d like some help with business school selection and application reviews.
