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One Year MBA Programs

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Joined: 19 Mar 2012
Posts: 4499
Location: United States (WA)
Concentration: Leadership, General Management
Schools: Ross '20 (M)
GMAT 1: 760 Q50 V42
GPA: 3.8
WE: Marketing (Non-Profit and Government)
One Year MBA Programs  [#permalink]

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New post 14 Jun 2017, 11:25

One Year MBA Programs

One year MBA programs have often been considered an anomaly: a shortcut to an MBA, often relegated to older individuals who are not always looking for a dramatic career shift. However, with the recent surge of top MBA programs including INSEAD, LBS, and other European schools dominating the MBA rankings game and many domestic US schools offering 1 year versions of their own program, one year MBAs have gained in popularity.

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.

Top International One-Year MBA Programs

INSEAD (France, Singapore)


With three fully-integrated campuses in Europe, Asia and the Middle East, and over 90 different nationalities in the classroom, no other business school offers such a multicultural experience.

The accelerated 10-month curriculum develops successful, thoughtful leaders and entrepreneurs who create value for their organisations and their communities. Our alumni often say that their year at INSEAD was life-changing.​

Cost of the programTuition fees for the July Class are set in December each year. Fees for the December Class are announced in June.
Current tuition fees for the class graduating in December 2018 are €80,800.
Tuition fees cover all printed course materials, access to the INSEAD library, access to on-campus information technology services, language tuition and testing*, student council fees, gym access, business cards, printing and health insurance.

London Business School - UK


The world’s most flexible MBA – Customise our MBA to your individual interests and career path. With flexible exit points, core courses that can be tailored to your needs, 70+ electives and applied learning opportunities, there’s a path to suit everyone.

Cost of the programTuition fees for the MBA starting in August 2017 are £75,100 Fees include all tuition and required core course reading materials which may be provided electronically and/or in hard-copy. You may wish to buy extra materials during your time at LBS, particularly during the elective programme.
Also covered by your fees are flights and accommodation for your Global Business Experience.
When considering the cost of an MBA, take into account the potential earning opportunities of summer internships and the optional Business Project while studying.

Judge Cambridge - UK


- a consistently highly ranked and regarded MBA from a business school and university renowned around the world
- a one-year programme, offering in-depth learning and personalised career development services
- undertaken by experienced professionals in a class size of c.170, an optimal number to enhance peer-to-peer learning
- a programme focused on experiential learning, with two live client projects proven to enable global and cross-sector career mobility for graduates.

Cost of the programThe fees for the class of 2017/18 are £51,000 (this fee includes the £2,470 college membership fee). Please note: there is an application fee payable of £150.
You should also consider whether there are additional costs such as:
Set-up costs e.g. buying a laptop, a UK mobile phone, a bike etc.
Travel to and from Cambridge.
Utility bills if you decide to live in private accommodation.

Said - Oxford - UK


Our MBA provides a solid grounding in the major business disciplines and core business skills. Our faculty are world-class experts in their fields and they develop courses based on up-to-date best practice and the latest academic research.

Underpinning a rigorous programme of courses is an extended and strengthened talent development programme. All of our MBA students will be offered professional coaching and a suite of optional courses to help define your interpersonal, communication and team work skills.

Cost of the programThe fee for the MBA programme 2017/18 is £52,000. This includes:Course fee College fee Life-long Oxford Union membership
Applicants who are offered and accept a place on the course are asked to pay a non-refundable deposit of £7,300 which will be offset against their course fee.

IE - Spain


The masters in business administration at IE Business School shape leaders that promote innovation and change. Our graduates believe all businesses should generate employment, wealth and social well-being. IE has undergone four decades of rapid growth and is now recognized by the international press as one of the world’s leading business schools.

Cost of the programIE Business School awards tuition funding assistance based on merit, distinctive competencies and academic excellence. The IE International MBA tuition fee is 69.200€*. Many of our students visit our Financial Aid office for a personal consultation to address their financial needs, and we will be happy to speak on the phone or set up an appointment if you have any questions.

* Please bear in mind that prices are reviewed annually and are subject to change.

IMD - Switzerland


The IMD MBA is designed to ensure that you master the fundamentals needed in business today and increase your self-awareness. It prepares you to confidently select adequate responses to business challenges worldwide.

Cost of the programTuition: CHF 60,000. Other fee: CHF 25,000
Approximate living expenses for a single person: CHF 36,000
This estimate includes housing: CHF 18,750 and living expenses: CHF 17,250
If you do not meet the objectives of our pre-program self-assessment in Accounting and Finance, you will need to complete our three-day immersion program at the start of January. The cost for this is CHF 750.

Northwestern University’s Kellogg School of Management


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..

Cost of the program$95,000! Full Year Expense: $133,000

Cornell University’s Johnson Graduate School of Management


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).

Cost of the programTuition: $98,940

University of Southern California Marshall School of Business


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


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.

Cost of the program: Tuition: $80,167 Total Estimated Cost: $116,747
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Re: One Year MBA Programs  [#permalink]

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New post 20 Jun 2017, 07:25
Great post and very helpful list!
There are a few more one year MBA programs that can be added, as detailed here:
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Re: One Year MBA Programs  [#permalink]

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New post 16 Feb 2020, 07:18
Hello from the GMAT Club MBAbot!

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Re: One Year MBA Programs   [#permalink] 16 Feb 2020, 07:18

One Year MBA Programs

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