1 Year vs 2 Year MBA
Is a one year MBA considered less valuable than a two year MBA? What are the pros and cons between the two?
Is a one year MBA considered less valuable than a two year MBA? What are the pros and cons between the two?
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A one year MBA can still be valuable. Tends to be more popular in Europe, but some US programs have them too. Some pros to 1 Year: cheaper, keeps you out of the workforce/earning $ for less time, you can skip over courses that you've already taken or are not relevant to your goals. Some cons: you don't usually have time for an internship so it can be harder to make a big change in your career, less time for class bonding/socializing, fewer courses (if you need to learn the business fundamentals). Those are the main ones I can think of. Hope this helps!
P.S. There are also some schools that have introduced more flexible or "in between" options, like an 18 month program. LBS and Columbia (J-Term) are the two that come to mind, but there may be others.
Thank you. The biggest concern I have with a 1 Year MBA is that you can't do an internship. I did Finance for undergrad so I feel strong with business fundamentals, but would want an MBA to help me push my career to the next level.
EDIT: I'll look into those programs!
Yeah, I think that's a big factor for many who opt for the 2 year. At some schools, it is possible to do internships during the semester (especially in big cities with strong alumni networks there). But then it becomes even more demanding to balance it all! Check out Kellogg too, they have a popular one year option.
The one I was looking at that had me come here to ask the question was Kellogg.
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