One Year MBA Program

An accelerated full time program is often called a one year MBA program. This type of program is very similar to the standard two year program with the notable exception of program length.

A one year program is usually spread over at least two full semesters and a summer lasting between 10 and 16 months.

While there are exceptions (especially outside of the U.S.), most one year programs are actually two year programs that can be accelerated if certain prerequisites are met.

Prerequisites can often be fulfilled if the student already has an undergraduate degree (or related coursework) in business.

Distinguishing Features:

• Admission Requirements:
  Prerequisites usually include one or two semesters of business core classes. These must be completed before entering the program. These prerequisites are typically waived for those who have an undergraduate business degree.

• Financial Impact:
  While the total cost during a one year period can be very high, there is less cost compared to the two year program.

• Course Content:
  Specializations are usually not available. In order to shorten the program length, there is usually a reduction in elective classes. Therefore, there are usually not enough, if any, elective classes to form a specialization.

• Career Resources:
  MBA internships are not usually available because summer is usually spent taking classes.

The one year MBA program is the best if you are looking for development in your existing career or industry. Just like the standard full time program, the downside is the total cost of the program. But this cost is cheaper compared to the two year program. The return on investment (ROI) may be worth it, but you have to weigh it out for yourself.

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