One-Year MBA programs are leading the trends these days. And this is so because it comes with a lot of advantages to the participants—it demands fewer tuition fees and meager opportunity costs. The majority of the one-year MBAs are operating in Europe; nevertheless, they can be spotted among the crowd of highly ranked businesses all across the globe. And due to the diversity in one-year MBA programs, there arises the need to find the best 1 year MBA programs in the world. But before discussing that, let us throw more light on the one-year MBA.
Although the one-year MBA offers some substantial advantages, such as being faster and cheaper than its alternative two-year MBA, there are some limitations to it as well. Even the Best 1 year MBA programs in the world cannot provide sufficient time for the participants to undertake a summer internship, which usually is a doorway to practical work experience and global job connections. So you may miss out a lot if you choose this! Moreover, there will be limited time for you to cover up the electives, leaving you with less or unsatisfactory knowledge of the subjects you wish to dive deeper into.
However, it is the best choice for someone who is running low on time and needs to attain a degree in a year.
Let’s take a look at the list of the Best 1 year MBA programs in the world:
#1. INSEAD- Europe Campus
Fontainebleau, France
#2. University of Cambridge – Judge Business School
Cambridge, United States
#3. Kellogg School of Management, Northwestern University
Evanston, Illinois
#4. SDA Bocconi School of Management
Milan, Italy
#5. IE Business School
Madrid, Spain
#6. University of Oxford – Saïd Business School
Oxford, United Kingdom
#7. IMD Business School
Lausanne, Switzerland
#8. Cornell University – Samuel Curtis Johnson Graduate School of Management
Ithaca, New York
#9. HKUST Hong Kong University of Science and Technology Business School
Hong Kong, Hong Kong(PRC)
#10. University of Western Ontario – Richard Ivey School of Business
London, Canada
INSEAD School of Business delivers a one-year MBA program on its Europe campus, which is ranked first in the list of the Best 1 year MBA programs in the world. One of the greatest achievements in the history of the INSEAD School of Business was its ranking as the first school in Asia to top the Financial Times in 2016 and 2017. What makes it a unique program is that it allows the participants to split their studies into three various continents where INSEAD has bases in—namely, France, Singapore, and Abu Dhabi.
Total tuition costs of the program: €89,000
The total duration of the program: 10 months
The average strength of the class: 1018
The average volume of female participants: 34%
The total intakes allowed: January and September
The average years of work experience: 5.6 years
The average salary expected after graduation: $105,900
University of Cambridge – Judge Business School
The judge Business School from the University of Cambridge located in the United States has successfully bagged the second position in the list of the Best 1 year MBA programs in the world. The school pulls out its connections with the prestigious and historic University of Cambridge which allows the candidates of the MBA program to enjoy the membership of one of the 31 colleges of Cambridge University. This in turn offers expanded Global networks and opportunities to increase knowledge. The complete one-year MBA program is centered around creativity and innovation.
Total tuition charges of the program: £59,000
The total duration of the program: 12 months
The total strength of the recent classroom: 206
The average volume of female participants: 36%
The total intakes permitted: September
The average GMAT score required: 693
The average years of work experience: 6.0 years
The average salary to be expected post-graduation: £99,753
Kellogg School of Management, Northwestern University
The Kellogg School of Management from Northwestern University has ranked third according to the list of the Best 1 year MBA programs in the world. It was one of the first noble US business schools to offer a one-year MBA program as an alternative to its reputed two-year MBA designation. The School has hired a renowned group of experts in its faculty to deliver the best of knowledge using a unique approach of cross-disciplinary learning, which makes it a perfect fit for the Best 1 year MBA programs in the world. The one-year MBA program of Kellogg school commences in June to help the participants get used to the rigid speed of the program. It is completed in 3 to 5 core courses along with the electives.
Total tuition charges of the program: $146,808
The total duration of the program: 21 months
The total strength of the current classroom: 559
The average volume of female participants: 40%
The total number of intakes permitted: September
The average volume of international students: 26%
The average GMAT score required: 727
The average years of work experience: 5.0 years
The average salary to be expected post-graduation: $142,857
SDA Bocconi School of Business
The SDA Bocconi School of Business successfully bagged the fourth position in the list of the Best 1 year MBA programs in the world. The Financial Times has ranked the school as the European Union best MBA degree. The school offers one of the best teaching faculties with a unique one-on-one ratio of students to staff, which maintains clarity and perfect interaction between the two. Not to mention, there are more than 100 MBA students over the two classes. The group of students is highly diverse, consisting of more than 13 nationalities represented plus more than 42% females admitted. These are a few qualities of SDA Bocconi that contribute to its position in the Best 1 year MBA programs in the world.
Total tuition cost of the program: €59,000
The total duration of the program: 12 months
The total strength of the current classroom: 90
The average volume of female participants: 34%
The total intakes allowed: September
The average years of work experience: 5.5 years
The average salary to be expected post-graduation: €85,862
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