You can’t snap your fingers like Iron Man and achieve things in a whizz, but you can opt for a one year MBA program. Right? This guide has all the necessary details to fast-track your career with the one year MBA program.
An ideal candidate for such a program is the one who is extremely focused, dedicated, and has some experience in the field of business. There are some one year programs that want the student to have an undergraduate level business-related degree. Moreover, some may require your personal statement that illustrates your career goals and expectations.
This Blog Includes:
Cheapest One-Year MBA in India
The following are the top MBA programs in India:
Institute | Fees |
Faculty of Management Studies, New Delhi | 1.92 Lakh |
TATA Institute of Social Sciences | 1.89 Lakh |
IISC Bangalore | 5.18 Lakh |
Delhi School of Economics | 38 K |
PUMBA | 1.4 Lakh |
Also Read: MBA – The Ultimate Guide 2023
1-Year MBA Programs in the World
The following are the top one-year MBA programs in the World:
INSEAD
INSEAD ranks 3rd in Financial Times 2019 for its MBA programs. It offers a one year MBA program at its Singapore and Paris campuses. Almost 90 percent of INSEAD faculty and students are international.
London Business Schools
London Business School lies in the middle of the top global business organizations. Many experienced guest speakers appear at the school frequently. This university provides that kind of accelerated program which we’ve talked about earlier. You can get an accelerated course here that will allow you to complete a course within 15 months.
Judge Business School
The alumni network of the Judge Business School is spread to over 40 countries. Most of its students are now working in multinational companies and have started their own high-tech businesses. In a one year MBA program, students get a chance to go through one-on-one sessions, special interview preparations, and workshops.
It typically takes two years to get an MBA degree. Getting enrolled in a one-year MBA program will help you make good use of your time. It doesn’t matter whether you’d like to do a job or a company, you can make a profit in a single year.
Before choosing an MBA programme, you can bear in mind that not all accelerated courses are one-year organisations. Some colleges advertise the “accelerated course” rather than just the real completion period. They say so because the success of some students is faster than others. Thus, before 2 years, those students are eligible to earn a degree. However, it is important to find the time of completion.
Also Read: MBA Without GMAT
“Will I Get Enough Skills in a One Year?”
Many students often ask the above question. It totally depends on your passion, seriousness, and desire. If you are hungry enough for success, you will build up excellent skills and network in just one year’s program. If you’re not, you won’t be able to get it even in the 2-year program.
Also Read: Best No GMAT MBA Programs 2023 Abroad
Benefits of One Year MBA Program
- Optimum Utilization of Time – It typically takes two years to get an MBA degree. Getting enrolled in a one-year MBA program will help you make good use of your time. It doesn’t matter whether you’d like to do a job or a company, you can make a profit in a single year.
Before choosing an MBA programme, you can bear in mind that not all accelerated courses are one-year organisations. Some colleges advertise the “accelerated course” rather than just the real completion period. They say so because the success of some students is faster than others. Thus, before 2 years, those students are eligible to earn a degree. However, it is important to find the time of completion.
- Affordability – Yes, it’s true and surprising to note that the cost of an MBA reduces when you opt for one-year MBA courses. Your tuition fees, living expenses, and other educational expenses tend to reduce.
Apart from this, we can also say that it would be a value for your money. If you’re searching for MBA courses, you are probably aware of the salary of an MBA. You can get a high salary, spending less time and money. Besides, if you’re thinking about establishing a business of your own, you can save money for future investments.
- Better ROI – If you’re applying to a top-notch business school, the scope of possibilities available to you will be basically the same for the courses, regardless of the length of your program. For eg, if anything else is fair, the employer would not make any difference between the remuneration given to anyone from a top two-year curriculum including certain low-rated colleges but someone from a top one-year program such as INSEAD.
- Online Availability – It’s a dream of almost every student to get online convenience. If you’re that person who has a very hectic schedule, then an online MBA program will give you comfort. You won’t have to stress about attending classes and set a time each week. You can get access to the required resources and lectures online whenever and wherever you desire. Some online MBA programs are designed for working students, while some are for full-time students. Thus, it’s advisable to check before moving further with a program.
- Global Exposure – For a more diverse approach, the one-year course is a strong way to gain insight into the global business situation. Most institutes also offer foreign exchange courses through collaborations with large overseas universities. These incentives definitely make a good argument for India’s one-year Academic Institutions. If you’re looking for a realistic, career-enhancing and global MBA experience, these courses are also perfect for you.
The only difference between a two-year and one year MBA program is the duration. Those students who have financial issues often indulge in this course. Wondering which program to choose for your needs? If you want to enrol in a one year program and still feel confused, you may get assistance at Leverage Edu.