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1 Year, Full Time MBA Program
One option for students considering their MBA is to attend a full time, 1 year program. This program is significantly different than the common two year program, has more stringent entrance requirements and often requires a specific level of career or work history in order to be considered by the entrance committee.
One year, full time MBA programs are typically between 12-16 months in length. These MBAs condense coursework as well as often remove the option for specialization or the requirement of some basic level courses. Due to the intensity of this type of graduate school program, students dedicate their focus full time to completion, not to part time or even full time employment. Most students who choose this MBA option are currently employed and are seeking career advancement, often supported or sponsored by their current full time employer.
Advantages to a 1 Year, Full Time MBA Program
There are a variety of advantages to this type of MBA program, including:
 The total amount of time savings, as the coursework is condensed
The program caters to individuals who are specifically seeking a career advancement, already working full time with an organization or who are seeking the opportunity to move up levels within their industry or niche
MBA programs of this type which reduce required coursework allow you to focus your time and efforts within a specific area of specialization
The study environment is focused, high energy and intense, appealing to many current full time executives
Most of these programs offer a great deal of team work and community opportunities, fostering learning outside of the classroom
The MBA program fosters a solid commitment to networking with fellow students over time
Most MBA programs of this type offer well structured career placement services for students looking to re-enter the work force or to change careers
Scholarships or student loans may be available for this type of MBA program
Disadvantages to the 1 Year, Full Time MBA Program
In addition to reviewing advantages of this program, students considering a MBA should also consider the disadvantages or limitations to this type of course curriculum. Some of the limitations to a one year program include:
Internship opportunities are often limited due to the short breaks and condensed curriculum
Individuals who need a MBA for career advancement are often challenged with this type of program as the intensity of the courses do not often permit a continuation of employment by the student
Different MBA program options exist to cater to the variety of student and employer needs. Before enrolling in a graduate program, be sure to discuss the decision with your current employer, to evaluate your financial and time restraints and to review the advantages and disadvantages of each option. |
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