An accelerated MBA program or a one-year MBA program is the answer to many people who do not have the time to go through the full program of two to four years. This works well for working individuals who cannot afford to take more than a year off from work to get their MBA degree.
Whether you are doing distance learning or the traditional classroom training, accelerated classes help you to earn credits faster through intensive courses. The goal is to finish in one year; however the path taken to achieve this goal by different universities may be different. So the duration of a course in an accelerated MBA program can be anything between 2 to 6 months.
One-year MBA programs offer the same specialties such as Accounting, Marketing, Finance, Human Resources and Management that an extended MBA program would offer. So you would have the same opportunities to specialize and then look for a job that matches with your qualification.
It is less expensive to go through a one-year MBA program than the full program. If you add to this the cost of living that is saved for an additional number of years then the savings achieved becomes quite substantial.
The one-year MBA program is accredited and has strict admission criteria that look at the work experience and educational record of the student. The accreditation of the university you are applying to must be checked thoroughly at the time of admission. You can have a look at their curriculum making sure that all the main subjects are covered.
Enrolling in an online shortened course decreases the waiting time to start the program since you may start in the same month rather than wait for the start of term. Besides this you can complete your study from home and not have to leave your family to pursue your studies. Working professionals who are aiming to complete their MBA can do so without quitting their jobs or having to travel to another city or country. They can easily adjust their courses according to their current schedules.
The accelerated learning means that each course will be done faster leaving little time for students to be bored of any given course. However this also means that students will have to keep up with the fast pace of the program and complete projects and assignments that much faster. This is not an easy job and requires a lot of commitment on the part of the student enrolling for this program.
A one-year MBA program from an accredited university will be considered a full time Master’s degree and will serve the student well in terms of accelerating career opportunities and improving self growth.
The popularity of the shortened courses has compelled many universities to offer abbreviated MBA programs. However there are some drawbacks as well and these include the missed chance of gaining a summer internship which could have led to a full time job, fewer networking opportunities and missing out on immersing in a subject completely.