Strategic executive MBA marketing for promoting business, sales, and products.
Conventional full time MBA courses have a syllabus that is spread over a span of 2 years. Within this span there are reasonable breaks, and holidays. But it is possible to cover the same syllabus within one year as well. Therefore, a few colleges and business schools located in different parts of the world are now offering One Year MBA course. This course is also referred to as accelerated MBA program or Accelerated MBA course. A variant of this course is one-year executive MBA course, in which the subject that the student desires to specialize in is taught in greater detail. Therefore, the executive can select role specific one-year MBA course. One year MBA online courses are also available now.
One year MBA program has less of core coursework when compared to the conventional full time MBA program. Core coursework is often a revision of what has already been learnt by the student before joining the MBA course. Internship is not included in the One year MBA program. One year MBA program is also not as expensive as a regular two years or more full-time MBA program.
It’s easy for working professionals to convince their employer company for sponsoring them to join one year MBA program instead of two year MBA program. Many business schools provide one year MBA online for working professionals .There are quite a few business schools which provide one year MBA courses in USA and Europe but its quite limited in present time.
There are several disadvantages as well associated with this accelerated MBA program. Many employers are not confident about this type of course. Therefore, they may prefer the candidate who has qualified as an MBA through a full two-year training. Missing internship may be another drawback, as the student may take more time to understand the practical workplace environment, even though he or she may have theoretically learnt all that is there to the financial and marketing aspects of the business. Because the course is intensive, students cannot take up any part time employment. This means the cost has to be covered exclusively from loans and savings. Though banks and other financial institutions offer student loans for this course as well, it is not as easy as taking a loan for part time MBA course, or even regular full time MBA course. Since there is no employer, chances of getting loan for education from employer are also nil. But it is possible to find a prospective employer willing to finance one year MBA program. If such an employer can be convinced, then chances are that the student would have to work with such an employer for fairly long term.
Some of those top business schools providing one year MBA program are Northwestern University, Kellogg School of Management located at Evanston, Illinois, USA. IE Business school located at Madrid , Spain. University of Cambridge, Judge Business School located at Cambridge, University of Oxford Saïd Business School located at Oxford , United Kingdom and many more. The efforts needed to complete one year MBA program is certainly more , but if one is ready to do the hard work it’s quite advantageous as one year MBA program saves lot time and money.