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Accelerated MBA Programs/One Year MBA |
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Traditional MBA programs are quickly becoming a leading alternative to traditional MBA programs. Since students seek ways to shorten study time and employees need to return to work after a short time, these programs allow for shorter study time. Generally the completion time allowed in these fast-paced MBA programs sometimes called the One Year MBA, is between 12-18 months.
Accelerated MBA programs cover the core business subjects in less time than the traditional programs taught in MBA schools. Optional subjects and opportunities for specialization are limited. An intensive schedule makes attendance compulsory and advisable only for students who have an advanced knowledge of the fundamentals of management, gained though some combination of undergraduate coursework and industrial experience.
For those students who already have ample working business knowledge, the accelerated MBA program is a good option. Not all students are prepared for an executive-level MBA program, some of which require 10 or more years of experience. Tight scheduling in this program generally means that internships are not typically part of the curriculum
Four of the well known U.S. business schools offer an 'accelerated' or (in all but one case) a one-year MBA option
A list of four Accelerated MBA Programs in US:
- Columbia Business School;
Program: The Accelerated MBA Program; Length: 16 months, from January to May of the following year. Students follow the same program as the two-year students , not including the summer internship; Prerequisites: None stated; Application deadline: Applications are accepted on a rolling basis, beginning in late April. The final application deadline is October 11; Recent Class Profile: Average GMAT range (of all MBA students) 660 – 760, International: 40%
- Cornell Universit
Program: The Accelerated MBA (formerly the TMO, 'Twelve Month Option,' program); Length: 12 months, beginning in May; Prerequisites: Ideal applicants already hold a master's or Ph.D. in a scientific, technical, or other quantitative field; Application deadlines: Same as for two-year MBA program; Recent Class Profile: Average GMAT: 710, International: 31%
- Emory University
Program: The One-Year Program; Length: 12 months, beginning in May. Students take intensive core classes over the summer and then join second-year students in Goizueta's two-year MBA program in the fall and spring; Prerequisites: Most applicants have an undergraduate degree in business or economics. Applicants from other quantitative fields, such as engineering and science, and those with business backgrounds are also considered;
Recent Class Profile: Average GMAT range: 570 – 710; International: 41%
- Northwestern University
Program: One-Year MBA Program; Length: 12 months, beginning in June. Students take intensive core courses over the summer and then join second-year students in Kellogg's 2-year MBA program in the fall and spring; Prerequisites: Most applicants have undergraduate business degrees. Other applicants will be considered so long as they have1) graduated from college within the last 7 years and 2) have completed a course in accounting and in 5 of 6 other business subjects; Recent Class Profile: International (of all MBA students): 28%; GMAT range (of all MBA students): 650 - 740
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