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One Year MBA programs - Directory 1 Year MBA

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One Year MBA programs - Directory 1 Year MBA [#permalink] New post 01 Oct 2012, 22:49
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Advantage of 1 year programs over 2 year programs



1. An equivalent degree in half the time and cost.
2. The lost opportunity cost of not having a job for 2 year.
3. Despite the shortened academic experience, MBA employers tend to award one-year grads the same starting salaries they pay MBAs of two-year programs. In fact, several schools report that their one-year MBAs make slightly more than graduates of their traditional programs, largely the result of differences in work experience.


Advantage of 2 year programs over 1 year programs



1. Losing out on the summer internship which is almost a yardstick of recruitment.
2. Losing out on networking and socializing with future co-workers.
3. 2 year programs almost always are less than 2 years in tenure by a couple of months at least.
3. Limited number of schools offering the one year MBA program.
4. One major distinction between most of the one-year U.S. programs and the European MBAs is that the U.S. versions generally require a business undergraduate degree and/or a bunch of core prerequisites.


The Best One-Year MBA Programms in the U.S.
SchoolTution FeesIntake
Northwestern(Kellogg)$80,453100
Cornell(Johnson)$86,33645
Emory(Goizueta)$65,99148
USC(Marshall)$80,11658
Notre Dame(Mendoza)$61,60065
Boston University$71,00627
Babson(Olin)$69,68678
Thunderbird$70,007NA
Florida(Hough)$40,130NA
Pittsburgh(Kaiz)$53,825NA
Pepperdine(Graziado)$62,36310
Willamette(Atkinson)$30,306NA

Source: Poets and Quants, Official Websites.

Northwestern University’s Kellogg School of Management


Image
Comparing Kellogg's MBA Programme
MBA CostsOne-YearTwo Year
Tution$75,400$113,100
Room & Board$20,948$31,422
Books & Supplies$2,196$3,294
Travel$1,772$2,658
Personal$4,200$6,300
Health Insurance$3,553$5,684
Computer Fee$1,200$1,200
Activity Fee$300$450
Loan Fee$2,144$3,600
Total Programme Costs$111,713$167,708

1. Its the highest ranked US Business school which offers a One Year Program.
2. Median GMAT score of 2011 class was 700, with 700-740 being the scores of 43% of the class.
3. Average age is 28 and Average WE is 5 years.
4. Diverse student pool, including engineers, doctors, physicians, lawyers and journalists.
5. Students complete core coursework before showing up at Kellogg and then focus on advanced electives in 18 different areas of study.
6. Completion of courses such as accounting, finance, marketing, statistics, operations, economics, and organizational behavior are mandatory.
7. Kellogg accepts undergrad programs in community colleges but not online degrees.
8. Recruitment process, however more challenging for one year students, are essentially similar for both 1 year and 2 year programs..


Cornell University’s Johnson Graduate School of Management


Image
Comparing Cornell's MBA
MBA CostsOne YearTwo Year
Tution$86,336$109,206
Room & Board$16,250$25,000
Books & Supplies$1,650$2,200
Travel Allowance$1,000$2,000
Personal$6,320$9,720
Health Insurance$2,622$4,100
Computer$2,000$2,000
Total Programme Costs$116,178$154,226
1. High degrees in quant fields are required of applicants.
2. Concentrations are optional, but available to help position students for their post-MBA goals.
3. Courses are shared between the 2 year and 1 year programs.
4. Average GPA: 3.56; Average GMAT score: 710; Median WE is 4 years.
5.Cornell reports that 97% of the Class of 2012 that sought job offers received them. The average reported base salary $106,400 and the average signing bonus of $17,600 compares favorably with graduates of Cornell’s two-year MBA program ($103,600 base and $23,200 signing bonus).


University of Southern California Marshall School of Business


Image
Comparing Marshall's
MBA CostsOne-YearTwo-Year
Tution Fees$89,800$110,000
Room & Board$22,000$44,000
Total Programme Costs$111,800$154,000

1. If you’re a bit older with several years of work experience, another attractive one-year option is the University of Southern California’s IBEAR (International Business Education and Research) program.
2. Launched in 1978, the program now has more than 1,500 graduates in more than 50 countries around the world.
3. The program draws a heavy contingent of international students, mainly from Korea, Japan and Taiwan. The latest entering class of 54 students, for example, includes 11 from the U.S., a dozen from Korea, nine from Japan, seven from Taiwan, and five from China. Women make up under 20% of the enrolled students.
4. Average GMAT score: 620


University of Notre Dame’s Mendoza College of Business


Image
Comparing Mendonza's MBA
MBA CostsOne-YearTwo-Year
Tution$61,600$90,200
Room & Board$13,950$18,600
Books & Supplies$2,350$3,150
Health Insurance$2,925$3,900
Personal$4,875$6,500
Fees$850$850
Total Programme Costs$86,550$123,200

1. Participation in 2 week “international immersion” in either Beijing and Shanghai, China, or Santiago, Chile, and Buenos Aires, Argentina.
2. Notre Dame’s typical intake of one-year students is about 65 a year. Some 29% of the Class of 2012 was composed of women, with only 6% international (much lower than most other programs). The average age of a one-year MBA here is 27, with an average five years of work experience.
3. During what the school calls “ inter term intensives,” MBA students also can analyze and offer solutions for real-life problems presented by executives from large global organizations, including Adidas, Boeing, GE, Hewlett-Packard, McDonald’s, Nestle, OfficeMax, Pace Global Energy Services, Starbucks and Walgreens.


F.W. Olin Graduate School of Business at Babson College


Image
Comparing Babson's MBA Programme
MBA CostsOne-YearTwo Year
Tution$75,400$113,100
Room & Board$20,948$31,422
Books & Supplies$2,196$3,294
Travel$1,772$2,658
Personal$4,200$6,300
Health Insurance$3,553$5,684
Computer Fee$1,200$1,200
Activity Fee$300$450
Loan Fee$2,144$3,600

1. Babson’s accelerated one-year MBA program requires what the school calls “a substantial academic background in business.”
2. The school, long known as a top place to study entrepreneurial thinking, brings in nearly 80 students a year to its one-year program, about half the size of its more traditional two-year MBA.
3. A high percentage of one-year students—46%–are from outside the U.S., making the student body more global than most.
4. The average GMAT score for one-year students is 589, 15 points higher than Babson’s evening students but a bit lower than the 616 for the two-year class. Students have an average five years of work experience, exactly the same as Babson’s two-year MBA candidates.
5. The program allows students to take on a concentration in one of several fields, including corporate finance, global management, investments, life sciences and healthcare, or marketing.


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Re: One Year MBA programs - Directory 1 Year MBA [#permalink] New post 10 Jul 2013, 19:55
Hi

Another list of 1 Year Business degree (not MBA though):

1. Stanford Master of Science in Management for Experienced Leaders.

Eligibility

Applicants are expected to have the equivalent of a bachelor's degree, and eight or more years of increasingly successful work experience. Most successful applicants have five or more years in management positions.

2. MIT Sloan Fellows Program in Innovation and Global Leadership

Consider yourself a strong candidate for the program if you:


Work in a global environment or demonstrate a committed global perspective.
Hold an undergraduate degree and at least 10 years of relevant experience.
Exhibit exceptional leadership performance, functional expertise, and innovation.

LBS also has a Sloan fellow program. But, here we are just focusing on US B schools.

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Re: One Year MBA programs - Directory 1 Year MBA [#permalink] New post 08 Dec 2013, 10:50
souvik101990 wrote:

Advantage of 1 year programs over 2 year programs



1. An equivalent degree in half the time and cost.
2. The lost opportunity cost of not having a job for 2 year.
3. Despite the shortened academic experience, MBA employers tend to award one-year grads the same starting salaries they pay MBAs of two-year programs. In fact, several schools report that their one-year MBAs make slightly more than graduates of their traditional programs, largely the result of differences in work experience.


Advantage of 2 year programs over 1 year programs



1. Losing out on the summer internship which is almost a yardstick of recruitment.
2. Losing out on networking and socializing with future co-workers.
3. 2 year programs almost always are less than 2 years in tenure by a couple of months at least.
3. Limited number of schools offering the one year MBA program.
4. One major distinction between most of the one-year U.S. programs and the European MBAs is that the U.S. versions generally require a business undergraduate degree and/or a bunch of core prerequisites.


The Best One-Year MBA Programms in the U.S.
SchoolTution FeesIntake
Northwestern(Kellogg)$80,453100
Cornell(Johnson)$86,33645
Emory(Goizueta)$65,99148
USC(Marshall)$80,11658
Notre Dame(Mendoza)$61,60065
Boston University$71,00627
Babson(Olin)$69,68678
Thunderbird$70,007NA
Florida(Hough)$40,130NA
Pittsburgh(Kaiz)$53,825NA
Pepperdine(Graziado)$62,36310
Willamette(Atkinson)$30,306NA

Source: Poets and Quants, Official Websites.

Northwestern University’s Kellogg School of Management


Image
Comparing Kellogg's MBA Programme
MBA CostsOne-YearTwo Year
Tution$75,400$113,100
Room & Board$20,948$31,422
Books & Supplies$2,196$3,294
Travel$1,772$2,658
Personal$4,200$6,300
Health Insurance$3,553$5,684
Computer Fee$1,200$1,200
Activity Fee$300$450
Loan Fee$2,144$3,600
Total Programme Costs$111,713$167,708

1. Its the highest ranked US Business school which offers a One Year Program.
2. Median GMAT score of 2011 class was 700, with 700-740 being the scores of 43% of the class.
3. Average age is 28 and Average WE is 5 years.
4. Diverse student pool, including engineers, doctors, physicians, lawyers and journalists.
5. Students complete core coursework before showing up at Kellogg and then focus on advanced electives in 18 different areas of study.
6. Completion of courses such as accounting, finance, marketing, statistics, operations, economics, and organizational behavior are mandatory.
7. Kellogg accepts undergrad programs in community colleges but not online degrees.
8. Recruitment process, however more challenging for one year students, are essentially similar for both 1 year and 2 year programs..


Cornell University’s Johnson Graduate School of Management


Image
Comparing Cornell's MBA
MBA CostsOne YearTwo Year
Tution$86,336$109,206
Room & Board$16,250$25,000
Books & Supplies$1,650$2,200
Travel Allowance$1,000$2,000
Personal$6,320$9,720
Health Insurance$2,622$4,100
Computer$2,000$2,000
Total Programme Costs$116,178$154,226
1. High degrees in quant fields are required of applicants.
2. Concentrations are optional, but available to help position students for their post-MBA goals.
3. Courses are shared between the 2 year and 1 year programs.
4. Average GPA: 3.56; Average GMAT score: 710; Median WE is 4 years.
5.Cornell reports that 97% of the Class of 2012 that sought job offers received them. The average reported base salary $106,400 and the average signing bonus of $17,600 compares favorably with graduates of Cornell’s two-year MBA program ($103,600 base and $23,200 signing bonus).


University of Southern California Marshall School of Business


Image
Comparing Marshall's
MBA CostsOne-YearTwo-Year
Tution Fees$89,800$110,000
Room & Board$22,000$44,000
Total Programme Costs$111,800$154,000

1. If you’re a bit older with several years of work experience, another attractive one-year option is the University of Southern California’s IBEAR (International Business Education and Research) program.
2. Launched in 1978, the program now has more than 1,500 graduates in more than 50 countries around the world.
3. The program draws a heavy contingent of international students, mainly from Korea, Japan and Taiwan. The latest entering class of 54 students, for example, includes 11 from the U.S., a dozen from Korea, nine from Japan, seven from Taiwan, and five from China. Women make up under 20% of the enrolled students.
4. Average GMAT score: 620


University of Notre Dame’s Mendoza College of Business


Image
Comparing Mendonza's MBA
MBA CostsOne-YearTwo-Year
Tution$61,600$90,200
Room & Board$13,950$18,600
Books & Supplies$2,350$3,150
Health Insurance$2,925$3,900
Personal$4,875$6,500
Fees$850$850
Total Programme Costs$86,550$123,200

1. Participation in 2 week “international immersion” in either Beijing and Shanghai, China, or Santiago, Chile, and Buenos Aires, Argentina.
2. Notre Dame’s typical intake of one-year students is about 65 a year. Some 29% of the Class of 2012 was composed of women, with only 6% international (much lower than most other programs). The average age of a one-year MBA here is 27, with an average five years of work experience.
3. During what the school calls “ inter term intensives,” MBA students also can analyze and offer solutions for real-life problems presented by executives from large global organizations, including Adidas, Boeing, GE, Hewlett-Packard, McDonald’s, Nestle, OfficeMax, Pace Global Energy Services, Starbucks and Walgreens.


F.W. Olin Graduate School of Business at Babson College


Image
Comparing Babson's MBA Programme
MBA CostsOne-YearTwo Year
Tution$75,400$113,100
Room & Board$20,948$31,422
Books & Supplies$2,196$3,294
Travel$1,772$2,658
Personal$4,200$6,300
Health Insurance$3,553$5,684
Computer Fee$1,200$1,200
Activity Fee$300$450
Loan Fee$2,144$3,600

1. Babson’s accelerated one-year MBA program requires what the school calls “a substantial academic background in business.”
2. The school, long known as a top place to study entrepreneurial thinking, brings in nearly 80 students a year to its one-year program, about half the size of its more traditional two-year MBA.
3. A high percentage of one-year students—46%–are from outside the U.S., making the student body more global than most.
4. The average GMAT score for one-year students is 589, 15 points higher than Babson’s evening students but a bit lower than the 616 for the two-year class. Students have an average five years of work experience, exactly the same as Babson’s two-year MBA candidates.
5. The program allows students to take on a concentration in one of several fields, including corporate finance, global management, investments, life sciences and healthcare, or marketing.


P.S. If you have any suggestions for this thread, please PM me.



Hi Souvik

please can you help me with a latest list of top 10 one year full time global MBA schools (India, European and American), which are at par with top 10 two year MBA programs in terms of placements, starting packages and career change. I have 8 years of work ex in fashion and want to get into retail/ management consulting post MBA.

As of now, i have applied to ISB (not with many hopes as GMAT score was low), and planning to retake GMAT and apply to INSEAD in R3.

I have not heard any great reviews about IE school. Its weird that they do not have any application deadlines, and earliest I can apply now it seems is their April 2015 intake as they want application to be submitted a year before the course starts.

I also want to know reviews for IMD. I read somewhere that IMD ranks higher than INSEAD currently. IMD only has a Jan intake, that is too far from now :(

How about SAID Oxford and HEC Paris? Heard their placement cells are not that great.

how long is London business school MBA. with higher work ex, do you think they could consider a lower gmat score around 650?

What do you say about IIMA and other IIMs one year programs?

Any other good ones that i am missing?

I believe there are no one year programs in US. Kellogg required business education background, hence not for me.

Thanks
Re: One Year MBA programs - Directory 1 Year MBA   [#permalink] 08 Dec 2013, 10:50
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