A Master’s in Business Administration (MBA) can provide you with the knowledge, tools, resources, and connections to boost your career track, change careers, or start a new business venture. It’s definitely one of the most popular graduate degrees around the world and a no-brainer for business-oriented students. But most MBA degrees usually last two years and may require moving to a new city or country, taking a two-year break from your career, and getting funds for 2 years worth of MBA studies plus living expenses. Conversely, one year MBA programs are the perfect solution if you cannot afford to move and spend two years in business school, or if you already have a master’s or graduate degree in a complementary subject. Whatever your reason may be, here is a list of the top 10 one-year MBAs around the world.
Note: Unless otherwise noted, the Rankings and Tuition Fees published in this article are valid for the academic year 2021-2022.
>> You may also want to read: Top 10 Online MBA Programs
1. IESE Business School
Location: Barcelona, Spain | Program: Traditional One-Year MBA
Delivered over 15 or 19 months, the IESE MBA offers a truly international MBA with overseas modules, exchange programs, international electives, and hands-on experience across five continents. Start in August and complete the MBA program in December of the following year for the 15-month MBA, or complete the program in April of the 2nd year and take advantage of everything IESE can offer.
Rankings: #1 by The Economist, #2 in Europe by Bloomberg, #10 by Financial Times
Tuition: €93,500 ($103,189 USD)
Location: Fontainebleau, France and Singapore | Program: MBA
INSEAD offers 3 campuses and 2 start dates. Students can choose to apply to the Europe campus in Fontainebleau, France, the Asia campus in Singapore, or apply to spend a residential period in the Middle East campus in Abu Dhabi. 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.
Rankings: #3 by Financial Times, #2 in Europe by Bloomberg, #2 international 1-year by Forbes
Tuition: €91,225 ($100,738 USD) for August 2022, and €92,575 ($102,228 USD) for January 2023
3. Northwestern University: Kellogg School of Management
Location: Evanston, Illinois, USA | Program: One-Year MBA
This 12-month program at Northwestern starts in June with required courses in Strategy, Management and Organization, Accounting, and Finance. The remainder of the year is focused on advanced electives, which can be selected from more than 200 courses at Kellogg. The program is tailored for students who possess an undergraduate or graduate degree in business subjects. Additionally, pre-enrollment courses in Statistics, Economics, Marketing, and Operations are required.
Rankings: #4 by US News and World Report, #5 in the U.S. by Bloomberg, #5 by Financial Times
Tuition: One-Year MBA Program $105,380
4. IE Business School
Location: Madrid, Spain | Program: International MBA
The International MBA at Instituto de Empresa (IE) lasts 11 months (September and January intake) and focuses on a 360-degree view of the business world. The program is fully immersive, customizable, and utilizes hands-on learning methods where students can test theories, experiment with behaviors, and explore new areas. Successful applicants will have 3 years of work experience and be fluent in English or bilingual in English and Spanish.
Rankings: #6 by Forbes, #9 in Europe by Bloomberg, #12 in Europe by Financial Times
Tuition: €72,200 (Approximately $79,673 USD)
5. University of Cambridge: Judge Business School
Location: Cambridge, United Kingdom | Program: MBA
The One-Year MBA program at Cambridge starts in September and ends in September of the following year with the culmination of an individual project, work placement, or research paper. The program includes core courses, electives, a Cambridge Venture project, a global consulting project, and a concentration 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 biotech businesses. Cambridge MBA students have at least 2 years of work experience and come from different sectors and backgrounds.
Rankings: #7 in Europe by Bloomberg, #22 by Financial Times
Tuition: MBA Program £61,000 (Approx. $80,196 USD)
6. University of Oxford: Saïd Business School
Location: Oxford, United Kingdom | Program: MBA
Oxford’s one-year MBA program starts in September. The program includes core courses, electives, a global opportunities and threats (GOTO) course, and an entrepreneurship project. During the summer term, students may choose to participate in an internship, a strategic consulting project or summer electives.
Rankings: #12 in Europe by Bloomberg, #31 by Financial Times
Tuition: MBA Program £65,520 (Approx. $72,294 USD)
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7. Cornell University: SC Johnson College of Business
Location: Ithaca, New York, USA | Program: One-Year MBA
Cornell’s One-Year Accelerated MBA program lasts 12 months starting in May and graduating the following May. This MBA program involves core courses, electives, NYC weekend courses, immersions, NYC intensives, and more electives. This program is specially designed for individuals who already possess a professional certification (CPA, CFA, PMP, etc.) or a graduate degree, such as MS, MA, JD, MD, PhD, etc. It requires strong quantitative skills and professional work experience.
Rankings: #15 by US News and World Report, #17 by Financial Times, #14 by The Economist
Location: Barcelona, Spain | Program: One-Year MBA
ESADE offers a 12, 15, and 18-month MBA program. While the fastest 12-month program involves strict requirements, some students choose the 18-month program with internship options and international exchange opportunities. The ESADE MBA involves core courses, electives, and the option to participate in Carrer Acceleration Programmes. Additionally, MBA students may pursue an advanced specialization in entrepreneurship, marketing, innovation, and social impact through the MBA Business Labs.
Rankings: #11 in Europe by Bloomberg, #20 by The Economist, #34 by Financial Times
Tuition: €73,800 ($81,279 USD)
9. Emory University: Goizueta Business School
Location: Atlanta, Georgia, USA | Program: One-Year MBA
The One-Year MBA program at Emory starts with an immersive summer semester and lasts 12 months. After completing core courses during the summer, students will be able to choose from 20+ specializations and over 90 elective courses. MBA students can also choose to participate in global immersion opportunities in different countries. Successful applicants will have a business, economics, engineering or quantitative undergraduate degree, and 2 years of professional experience.
Rankings: #18 in the U.S. by Bloomberg, #26 by US News, #45 by Financial Times
10. University of Florida: Warrington College of Business Administration
Location: Gainesville, Florida, USA | Program: Traditional One-Year MBA
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. Option B is designed for business majors who completed their degrees within 7 years. This option lasts 10 months and focuses mainly on electives.
Rankings: #26 by US News, #27 in the U.S. by Bloomberg, #43 by Financial Times
- Option A: Florida Residents $25,475, Out-of-State $60,261
- Option B: Florida Residents $17,982, Out-of-State $41,173
Most MBA programs require GMAT test scores for admissions. Start getting ready for the GMAT with these resources:
Top Entrepreneurship MBA: Babson College
Location: Boston, Massachusetts, USA | Program: One-Year MBA
Ranked as the top MBA in Entrepreneurship, Babson offers an MBA program that starts in May and lasts 12 months. The program focuses on core courses during the summer months and allows students to choose their electives and Consulting Experience during the following two semesters. The average one-year MBA student has 5 years of work experience.
Rankings: #1 for Entrepreneurship by US News and World Report, #2 for Entrepreneurship by Financial Times
Some rankings are based on regular MBA rankings.