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The 1-year MBA format was introduced in the European B-schools, almost 5 decades ago. However, recently, the 1-year MBA program has also found popularity among the US B-schools for the many advantages, in terms of fast-paced training and the opportunity that the MBA format provides. In this article we will discuss the essential features of the 1-year MBA and the curriculum of the programs offered by schools.
Listed below, in order of rank, are the US B-schools that offer 1-year MBA:
| School | Program | Program URL |
|---|---|---|
| Northwestern University – Kellogg Business School | The Kellogg 1- year Full-time MBA program | https://www.kellogg.northwestern.edu/programs/full-time-mba/one-year-mba-program.aspx |
| Columbia Business School, New York | The Columbia J-term MBA | https://www8.gsb.columbia.edu/programs/mba/admissions/options-deadlines/j-term |
| Cornell University – S.C. Johnson College of Business, Ithaca | The Johnson Full-time 1-year MBA | https://www.johnson.cornell.edu/programs/full-time-mba/one-year-mba/ |
| Emory University – Goizueta School of Business, Atlanta | The Goizueta 1-year MBA | https://goizueta.emory.edu/full-time-mba/one-year-mba |
| University of South California – Marshall School of Business, California | The IBEAR MBA | https://www.marshall.usc.edu/programs/mba-programs/ibear-mba |
| Southern Methodist University – Edwin L. Cox School of Business, Dallas (SMU Cox) | The SMU Cox 1-year MBA | https://www.smu.edu/cox/Degrees-and-Programs/One-Year-MBA |
| University of Pittsburgh – Joseph M. Katz Graduate Business School, Pennsylvania | The Katz 1-year MBA | https://www.katz.business.pitt.edu/academics/mba/one-year-mba |
| F.W. Olin Graduate School of Business – Babson College, Massachusetts | The Babson 1-year MBA | https://www.babson.edu/academics/graduate-school/mba/full-time-mba/full-time-mba-curriculum/ |
| University of Florida – Warrington College of Business, Florida | Full-time 1-year MBA – All Majors | https://warrington.ufl.edu/mba/program-options/full-time-mba/full-time-mba-one-year-all-majors/ | Full-time 1-year MBA – Business Majors | https://warrington.ufl.edu/mba/program-options/full-time-mba/full-time-mba-one-year-business-majors/ |
However, before you decide on applying for an MBA program, it is always advisable to seek the guidance of MBA admissions consultants.
The US B-schools offering a 1-year MBA are:
Northwestern University – Kellogg Business School, Illinois
The Kellogg School of Business was one of the pathfinders of the 1-year MBA curriculum and boasts of rich alumni designated at vital leadership roles across top-firms; for instance: Richard Lenny (1977), Former Chairman and CEO, The Hershey Company; Ivan Menezes (1985), CEO, Diageo; Vijay Karnani (1998), Managing Director, Goldman Sachs; Martin Lau (1998), President, Tencent, and so on.
Typically, you must have an undergrad education in business fundamentals to partake of the Kellogg 1-year MBA program. However, AP credits, or work experience, CFA certifications, or online course formats are not accepted formats for pre-enrollment course completion.
The 1-year Kellogg MBA begins in the summer term with core courses in Strategy, Management, Operations, Accounting, and Finance. For the remaining session, you will be able to customize your curriculum with an option of selecting from over 200 elective courses. Importantly, you need to opt for one of the following majors (a core course in the discipline and 4 corresponding electives)
If you do not opt for the major, your transcript will only note General Management curriculum. Further, you are also required to opt for a pathway from the following options:
Kellogg MBA Pathways are basically interdisciplinary courses that allow you the flexibility to strengthen your knowledge in a particular industry within the realms of business management.
Kellogg 1-year MBA program provides numerous opportunities to learn smart business management and strategizing techniques by real-world application of fundamental business management theories. Thus, you can partake of experience-based learning at Kellogg through specific practicum and labs.
Besides, the school provides Merit-based scholarships to all applicants of the Full-time 1-year MBA program and Financial Need-based scholarships to resident students. Additionally, you can select from a wide range of Kellogg scholarship options. You can also opt for Private Loans for Kellogg MBA.
Columbia Business School, New York
The 1-year MBA program at Columbia, or the J-term program, is a Full-time, 16-month program. Thus, you can partake of the rigorous Columbia MBA curriculum and learning scopes without taking on the internship option. This program is recommended only for those students who are not looking for a shift in their career domain. This program allows you to hone your business management skills and get back to your professional realm within a period of 16 months.
This program is not the typical 1-year program, however, if you are looking for an intensive accelerated training in business management skills, without having to invest time in completing internships, this is a best suited program for you. You will be trained in Corporate Finance, Financial Accounting, Managerial Statistics, Managerial Economics, Strategy Formulation, Leadership, Operational Management, Business Analytics, and Global Economic Environment with options to choose electives from an exhaustive list of almost 200+ disciplines.
Cornell University – S.C. Johnson College of Business, Ithaca
The 1-year MBA program at Cornell is a Full-time, 12-month program. This Ivy-League MBA consolidates the curriculum of the traditional 2-year MBA to provide you with a well-structured accelerated MBA program that trains you in the business management fundamentals while allowing you to focus on your area of interest. The summer term includes core courses in Data Analytics and Modeling, Leading Teams, Financial Accounting, Microeconomics for Management, Critical and Strategic Thinking, Managerial Finance, Strategy, Marketing Management, Managing Operations. Additionally, you must complete 1.5 credit hours of Leadership electives.
The Cornell 1-year MBA electives not only allows you to learn the basics of specific industry or function but also provides you with the scope to attain specialized training in sustainable global systems. Further, you can also partake of additional elective courses administered through select Cornell colleges.
You must complete 9 credit hours of corresponding electives. You have the option to choose one of the following Cornell 1-year MBA Areas of Focus courses:
As part of the Cornell 1-year MBA program, you will have to partake of the Management Practicum training in the Fall term that will allow you to garner real-world experience of analyzing problems and ideating solutions for the same in your preferred domain. You may also participate in the Cornell Immersion Program, in the Spring term, to avail of hands-on learning experience in your industry of interest. Additionally, you are also required to complete the intensive Leadership Development training through such mandatory coursework as Leading Teams, Critical and Strategic Thinking, Leading Teams Practicum, etc. If you interest lies in the realm of entrepreneurship, that is if you have established an entrepreneurial initiative or are looking to found one, you can also partake of the thorough Entrepreneurship program.
Cornell considers every application for Merit-based scholarships. Besides, you can select from various Cornell scholarship opportunities. Further, you can also apply with FAFSA if you are resident student. Cornell also arranges for numerous amenities to help international students obtain private loans without co-signer. You may find details of the Cornell loan options for international students on the school webpage.
Emory University – Goizueta School of Business, Atlanta
The 1-year Goizueta MBA program is a Full-time, 12-month program. The Goizueta curriculum is a well-structured format replete with core courses, electives, keystone projects delivered through Leadership Development initiative, Goizueta IMPACT, or the experiential training program, and Global Learning experiences.
Goizueta provides several scholarship, loans, and graduate assistantship options to its students. Please check your eligibility and the criteria for availing the Goizueta financial aids.
University of South California – Marshall School of Business, California
Established in 1978, the IBEAR MBA comprises of a proud alumni base of almost 1800 students across 60 countries. This is the best suited program for professionals in the 30+ age group, who want to delve deep into the fundamentals of industry leadership and business management.
The 1-year Marshall MBA program or the IBEAR MBA is a Full-time, 12-month program. You are required to complete 19 courses or 56 credit hours over 5 8-week terms comprising of electives, experiential learning, and a management consulting project. Unlike other US 1-year MBA programs mandating a minimum work experience of 2 years, IBEAR stipulates a mandatory minimum work experience of 6 years to be eligible for applying to the IBEAR MBA program.
IBEAR provides Merit-based scholarships worth USD 50,000 to exceptionally qualified applicants. Besides, there are numerous IBEAR scholarship and Private Loan options that you can avail of as per your need.
Southern Methodist University – Edwin L. Cox School of Business, Dallas
The 1-year MBA program at SMU Cox is a Full-time, 12-month program. A fast-paced program, SMU Cox 1-year MBA acquaints you with the basics of the business fundamentals besides allowing you the option to choose one of the following concentrations:
Irrespective of the discipline you select, you will have to take a maximum of 8 courses, or earn 44 credit hours, to be able to complete the program. Besides, depending upon your field of interest and your career plan you can also opt for the Joint degree programs along with your Cox 1-year MBA, namely, the Cox JD/MBA that combines the basics of law and business fundamentals to empower you in your chosen industry and function, and the Cox MS in Engineering/ MBA that combines your expertise in tech and industry with business fundamentals to help you contribute significantly to the realm of business.
Besides, SMU-Cox 1-year MBA allows enough experiential learning opportunities:
The school provides Merit-based scholarships of a maximum amount of USD 15,000 to all applicants of the Full-time 1-year MBA program. You can also avail of educational loans and additional financial help by filling up the Free Application for Federal Student Aid (FAFSA) that enables you to receive up to USD 20,500 Federal Direct Unsubsidized Stafford Loans. Other Cox financial aid options are the Federal Grad PLUS loan or the Consumer Based loans.
University of Pittsburgh – Joseph M. Katz Graduate Business School, Pennsylvania
The 1-year MBA program at Katz is a Full-time, 11-month program. You have the option to choose one of the following concentrations:
Irrespective of the discipline you select, you will have to complete 15 credit hours (summer) in the core business courses, followed by 18 credit hours (fall) in discipline-specific courses, and 18 credit hours (spring) in Leadership Development, Capstone, and elective courses.
Besides, for each discipline that you select, you will also have the option to opt for the additional Katz certificate, worth 10.5 credit hours, that will allow you experiential learning opportunities.
Moreover, Katz provides numerous opportunities to learn smart business management and strategizing techniques by real-world application of fundamental business management theories. Thus, you can partake of experience-based learning at Katz through such initiatives as case competitions, consulting field projects, Katz Invitational and the Katz Global Learning initiatives.
Katz provides Merit-based scholarships to all applicants of the Full-time 1-year MBA program. Besides, once you have received the admission, you can even apply for educational loans or private loans to sponsor your program at Katz.
F.W. Olin Graduate School of Business – Babson College, Massachusetts
The 1-year Babson MBA program is a Full-time, 12-month program. The program focuses on building your leadership skills and cultivating your understanding of the business fundamentals through experiential learning scopes. You need 45 credit hours to complete the program. The program is so designed that you will have to take 12 credit hours worth of core courses in the summer session delivered through 2 modules: Leading through Innovation and Growth and Leading through Opportunity and Design, along with elective courses. In the fall session, you will have to complete 3 credit hours worth Babson Consulting program, Leading through Intrapreneurship, and elective courses. In the spring session, you will have to complete your remaining credit hours from elective courses.
Babson provides several scholarship and loan options to its students to help them effectively complete the 1-year MBA program. Please check your eligibility and the criteria for availing the Babson financial aids.
University of Florida – Warrington College of Business, Florida
The Full-time 1-year MBA at UF Warrington is provided in 2 formats to the students:
a. Full-time 1-year MBA – All Majors – You can apply to this program regardless of the discipline that you pursued your undergraduate education in. This is a Full-time, 12-month program. The curriculum provides you an in-depth training in the basic business fundamentals and you must complete 10 – 16 core course in the summer term, the remaining 4 core course can be completed alongside your 9 elective courses that are to be taken up in the fall and spring term. Thus, you must earn 48 credit hours to be able to complete the program. You have the option to choose one or more of the following concentrations:
Under this format, you can avail of numerous opportunities to learn smart business management and strategizing techniques by real-world application of fundamental business management theories. You can partake of the optional Global Immersion Experiences (administered in the fall break and the spring break) that also allows you to narrow down your 2 credit course in to a weeklong class.
b. Full-time 1-year MBA – Business Majors – You can apply to this program only if you have pursued an undergraduate program in business management. This is a Full-time, 10-month program. The curriculum of this program is so designed as to provide you with in-depth training in the industry that you wish to up skill yourself. As you have already completed an undergraduate course, much of the core business fundamentals are not concentrated upon in this format. Therefore, your summer courses will require you to attend a weeklong Fundamental Review intersession course and take the compulsory courses in Corporate Finance, Quantitative Managerial Decision Making, Professional Writing, and Professional Communication that will help you prepare for the concentration courses. Herein, you will be attending your concentration course lectures along with the UF Warrington Full-time 2-year MBA students.
In the fall and spring session, you must complete 32 credits hours including 8 elective courses, the Strategic Management Capstone, and any other elective course that may be required to complete the stipulated credit-hours. You have the option to choose one or more of the following concentrations:
UF Warrington provides numerous opportunities to learn smart business management and strategizing techniques by real-world application of fundamental business management theories. You can partake of the optional Global Immersion Experiences (administered in the fall break and the spring break) that also allows you to narrow down your 2 credit course in to a weeklong class.
The school provides 100% tuition waiver to its 1-year MBA students if they possess significant professional experience, academic record, any notable achievement, and proven impeccable leadership record. As all applicants are considered for UF Full-time scholarship during the process of application, you need not apply for the scholarship separately. You will receive priority scholarship consideration if you apply by the 1st application deadline. Further, the Full-time Business Majors scholarship will cover 32 credits and the Full-time All Majors scholarship will cover 48 credits. As this scholarship will only cover your tuition fee, you can opt for the FAFSA grant to take care of your other expenses.
University of Notre Dame – Mendoza College of Business, Indiana
The 1-year Mendoza MBA program is a Full-time, 12-month program. The program focuses on building your leadership skills and cultivating your understanding of the business fundamentals through experiential learning scopes and global experiences. You need 46 credit hours to complete the program: you will have to complete 17 credit hours in the summer session of the track wherein you will be taught the Mendoza 1-year MBA core courses and 14 – 16 credit hours in each fall and spring session wherein you will have to complete 1 credit-hour worth Mendoza interterm-intensive course in each session along with electives, concentration, and immersion programs.
The Mendoza 1-year MBA core courses that you must partake of include Financial Accounting, Marketing Management, Managerial Economics, Career Leadership, Finance, Leading People and Teams, Introduction to Business Analytics, Strategic Decision Making, and Process Analytics.
The Mendoza 1-year MBA concentration tracks that you can opt from include
Mendoza provides several scholarship and loans. Please check your eligibility and the criteria for availing the Mendoza financial aids.
Irrespective of the MBA program format you chose, you must obtain a good GMAT score to be able to ace the admission decision of your desired program. In keeping with the rationale for opting for the accelerated MBA program, that is, save time while positing you with maximum experience and training in business fundamentals, you must also opt for such resources that help you prepare for and manage your MBA applications easily. Thus, opt for online GMAT prep, or download the free GMAT mobile app and prepare on the go. Alternately, you can also partake of the GMAT Prep and MBA admissions consulting bundle to reap the maximum benefits.
All the best!
