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.
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.
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. | ||
| School | Tution Fees | Intake |
| Northwestern(Kellogg) | $80,453 | 100 |
| Cornell(Johnson) | $86,336 | 45 |
| Emory(Goizueta) | $65,991 | 48 |
| USC(Marshall) | $80,116 | 58 |
| Notre Dame(Mendoza) | $61,600 | 65 |
| Boston University | $71,006 | 27 |
| Babson(Olin) | $69,686 | 78 |
| Thunderbird | $70,007 | NA |
| Florida(Hough) | $40,130 | NA |
| Pittsburgh(Kaiz) | $53,825 | NA |
| Pepperdine(Graziado) | $62,363 | 10 |
| Willamette(Atkinson) | $30,306 | NA |
Source: Poets and Quants, Official Websites.
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