Is a one-year MBA program ideal for you
A one-year MBA program is very similar to an Executive MBA program except for its full-time nature as opposed to an EMBA. One of the biggest concerns for professionals, who have worked in the field for a good period, is taking a break of two years (or more). While it is recommended by various organizations as it shows them that you have higher educational degrees, it does burn a hole in your pocket for the two years when you’re studying at an institution. Since summer internships are your only way to earn during your full-time MBA program stretching up to two years, it may become cumbersome.
MBA courses are super expensive, especially if you’re doing it from the distinguished B-schools. A two-year full-time course is pricier. However, there’s a solution to that as well. One-year MBA programs not only take up less of your time but also have a very good return on investment. You’ll be paying half the tuition fees and living expenses but will earn a 100 percent and more of the money you put into your education. It could be the best safety net one can ask for.
Do companies take you seriously with a one-year MBA degree?
The best part about acquiring a one-year MBA degree is the perks it involves with respect to career opportunities. The worrisome expressions of finding the right job that could alleviate one’s bank balance after an MBA degree can be changed into a big smile as the placements have astounding base salaries. It doesn’t limit to students who have undertaken a two-year full-time MBA course but also for the one-year MBA program full-timers. In fact, B-school stalwarts and conglomerates have claimed that one-year MBA graduates are favored slightly more than two-year MBA graduates.
Disadvantages?
The advantages of the one-year MBA program are vast. It’s practically one of the most sought-after course to undertake. Although, there is a catch. A one-year MBA degree is viable and recommended for individuals who are involved in the specific field of expertise. It accelerates the person’s career graph. However, it cannot be applied to individuals who wish to make a career change. A Science major cannot take up a one-year MBA program as they lack the foundation, which is provided by a two-year MBA course.
