One-year MBA programs are the perfect solution for people who already have a master’s or graduate degree in a complimentary subject and for those who cannot afford to spend two years in school or away from their families. Whatever your reason may be, here is a list of some of the top one-year MBAs around the world. Note: Unless otherwise noted, the Rankings and Tuition Fees published on this article are believed to be true for the academic year 2008-2009.
1. Northwestern University
Kellogg School of Management
|Location:||Evanston, Illinois, USA|
|Rankings:||#4 by BusinessWeek, #5 by US News and World Report, #22 by Financial Times|
This 12-month program at Northwestern focuses on core courses during the summer and electives during the following year. The program is tailored for students who possess an undergraduate or graduate degree in business.
|Tuition:||One-Year MBA Program $72,000 (for 2011-2012)|
|Location:||Fontainebleau, France and Singapore|
|Rankings:||#5 by Financial Times, #1 by BusinessWeek, #7 International by the Wall Street Journal|
INSEAD offers two campuses and two start dates. Students can choose to apply to the European campus in Fontainebleau, France or to the Asian campus in Singapore. The program has two start dates per year – August and January. The INSEAD MBA lasts 10 months and is divided into 5 periods that include core and electives courses.
|Tuition:||€56,000 (approximately $80,000 USD)|
3. IE Business School
|Rankings:||#3 Business Week, #7 by Financial Times, #1 by The Wall Street Journal|
The International MBA at Instituto de Empresa lasts 13 months (November – December) with a pre-program/orientation session that starts in September and includes an intensive Spanish course. The program includes core courses, electives, forums, optional business Spanish lessons, and projects.
|Tuition:||€58,200 (Approximately $83,000 USD)|
4. University of Cambridge
Judge Business School
|Location:||Cambridge, United Kingdom|
|Rankings:||#10 by Business Week, #21 by Financial Times|
The One-Year MBA program at Cambridge starts in October and ends in August with the culmination of an individual project. The program includes core courses, electives, a Cambridge Venture project, a global consulting project, and an individual project. One thing that distinguishes this program from the rest is its location at the heart of Silicon Fern – a concentration of new high-tech and bio-tech businesses.
|Tuition:||MBA Program £36,000 College Fee £2,289 (Approx. $62,000 USD)|
5. University of Oxford
Saïd Business School
|Location:||Oxford, United Kingdom|
|Rankings:||#16 by Business Week, #16 by Financial Times|
Oxford’s one-year MBA program starts in October and ends in September. The program includes core courses, electives, and an entrepreneurship project. Most of the core courses focus on quantitative subjects such as Finance, Economics, and Decision Science, while electives include marketing, entrepreneurship, social entrepreneurship, private equity and other subjects.
|Tuition:||MBA Program £36,300 College Fee £3,150 (Approx. $64,000 USD)|
6. Cornell University
Samuel Curtis Johnson Graduate School of Management
|Location:||Ithaca, New York, USA|
|Rankings:||#13 by BusinessWeek, #16 by US News and World Report, #36 by Financial Times, #11 by The World Street Journal|
Cornell’s One-Year Accelerated MBA program lasts 12 months starting in May and graduating the following May. This program is specially designed for individuals who already possess a graduate degree in a technical, scientific or quantitative field. It requires strong quantitative skills and professional work experience.
|Tuition:||$51,480 USD (for 2011-2012)|
|Rankings:||#4 by BusinessWeek, #19 by Financial Times, #6 by The Wall Street Journal|
ESADE’s One Year Full Time MBA program lasts 12 months starting in April and ending in March. The program starts in English with parallel Spanish classes. Business electives can be taken in either Spanish or English after the core program has been completed. The program is designed for students who have a bachelor’s in business, economics or engineering.
|Tuition:||€54,500 (Approx. $78,400 USD) for 2011-2012|
8. Emory University
Goizueta Business School
|Location:||Atlanta, Georgia, USA|
|Rankings:||#22 by Business Week, #23 by US News and Week Report, #34 by Financial Times, #10 by The Wall Street Journal|
The One-Year MBA program at Emory starts in May and lasts 12 months. The program requires that applicants have a business or economics degree, or an engineering degree and business experience. Applicants should have strong quantitative skills and significant work experience. The program focuses on core courses and electives with the majority of core courses being completed during the summer.
9. University of Florida
Warrington College of Business Administration
|Location:||Gainesville, Florida, USA|
|Program:||Traditional One-Year MBA|
|Rankings:||#77 by Financial Times|
Besides traditional two-year and online programs, the University of Florida offers two options for its one-year MBA. Option A is designed for students from all majors. This option lasts 12 months and focuses on core subjects and electives. Also, option A offers a 1/3 scholarship to all students. Option B is designed for business majors who completed their bachelor’s within 7 years. This option lasts 11 months and focuses mainly on electives.
|Tuition:||Florida Residents $15,555, Out-of-State $38,745 (including 1/3 scholarship for Option A).|
10. Babson College
|Location:||Boston, Massachusetts, USA|
|Rankings:||#51 Overall (#1 Entrepreneurship) by US News and World Report, #1 Entrepreneurship by Financial Times|
|Description:||Ranked as the top MBA in Entrepreneurship, Babson offers an MBA program that starts in May and lasts 12 months. This program requires that applicants have a business undergraduate degree and at least 2 years of professional experience. The program focuses on core courses during the summer months, and allows students to choose their electives during the following two semesters.|
Rankings are based on regular MBA rankings.