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What is One Year MBA?
One Year MBA course are designed for working professionals working for more than 4 years who do not wish to leave their jobs, and also pursue MBA, preferably part-time or distance MBA. There are multiple top MBA colleges in India offering one-year MBA courses, the top ones being IIM Ahmedabad’s MBA-PGPX.
One Year MBA is very similar to Executive MBA, but they are not the same. Executive MBA is for individuals who have more than 10 years of experience whereas One Year MBAs are designed for professionals who have 4-5 years of experience.
Students need to go through GMAT or GRE for admission into One Year MBA. Top MBA Colleges including IIMs in India provide One Year MBA under various names.
The average fees for Online MBA in IIMs range between INR 20 Lakhs to INR 28 Lakhs. On average 1 Year MBA has higher fees as compared to 2 Year MBA program.
Table of Content
3.1 Eligibility
One Year MBA: Course Details
- Admissions to One Year MBA requires a GMAT/GRE score of 650 or above, and most importantly a work experience of minimum 5 years or above.
- The applications for one year MBA Admission will start from the month of November or December.
- Some MBA Colleges, like ISB Hyderabad and Great Lakes accept a minimum work experience of 2 years for admissions in one year MBA.
- One year MBA is very popular abroad, Kellogg one year MBA program is one of them, offering accelerated one year MBA from the month of June, in subjects like Strategy, Management, Accounting, and Finance.
- The one year MBA fees are generally much higher, but there are some colleges like Great Lakes, Gurgaon offering a one year PGPM program with a fee less than INR 20 lacs.
One Year MBA Programs in India
The table below lists one year MBA programs in India, in top MBA colleges, with the type of program it offers, whether regular, PGDM, or executive, with course fees, and minimum work experience required.
| College | One Year MBA Program Name | MBA Fees | Required Work Experience |
|---|---|---|---|
| IIM Ahmedabad | MBA-PGPX | INR 25,00,000 | 4 years |
| IIM Bangalore | EPGP | INR 27,50,000 | 5 years |
| IIM Calcutta | MBAEx | INR 27,00,000 | 5 years |
| IIM Indore | EPGP | INR 20,10,000 | 5 years |
| IIM Lucknow | IPMX | INR 23,50,000 | 5 years |
| IIM Kozhikode | PGP-BL | INR 22,50,000 | 3 years |
| ISB Hyderabad | PGP | INR 34,63,240 | 2 years |
| Great Lakes Gurgaon | PGPM | INR 19,25,000 | 2 years |
| XLRI Jamshedpur | PGDM (GM) | INR 20,00,000 | 5 years |
One Year MBA in IIMs
| College Name | Batch Size | Fees | Min Work Experience Required vs Average Batch Experience | Average Placements |
|---|---|---|---|---|
| IIM Ahmedabad | 140 | INR 28,00,000 | Min Experience Required: 4 Years Average Batch Experience: 8 Years |
INR 38.64 LPA |
| IIM Bangalore | 75 | INR 27,50,000 | Min Experience Required: 5 Years Average Batch Experience: 7.5 Years |
INR 31.63 LPA |
| IIM Calcutta | 79 | INR 27,00,000 | Min Experience Required: 5 Years Average Batch Experience: 8 Years |
INR 36.79 LPA |
| IIM Indore | 68 | INR 20,10,000 | Min Experience Required: 5 Years Average Batch Experience: 8.5 Years |
INR 19.98 LPA |
| IIM Lucknow | 101 | INR 23,50,000 | Min Experience Required: 5 Years Average Batch Experience: 8.2 Years |
INR 24.66 LPA |
| IIM Kozhikode | 80 | INR 22,50,000 | Min Experience Required: 3 Years Average Batch Experience: NA |
INR 29.06 LPA |
One Year MBA Admission Process
| One Year MBA College | Admission | Last Date to Apply | Student Reviews | Application Fee |
|---|---|---|---|---|
| IIM Bangalore | Check Admission | To be Announced | Check Reviews | INR 3,000 |
| SPJIMR Mumbai | Check Admission | To be Announced | Check Reviews | INR 1,500 |
| K J Somaiya, Institute of Management, Mumbai | Check Admission | To be Announced | Check Reviews | INR 2,850 |
| FORE School of Management, New Delhi | Check Admission | To be Announced | Check Reviews | INR 1,416 |
| IIM Ahmedabad | Check Admission | To be Announced | Check Reviews | INR 5,000 |
| LBSIM New Delhi | Check Admission | To be Announced | Check Reviews | INR 1,250 |
| IIM Calcutta | Check Admission | To be Announced | Check Reviews | INR 2,000 |
| SDMIMD Mysore | Check Admission | To be Announced | Check Reviews | INR 500 |
One Year MBA Eligibility
All of the one year MBA courses accept an average GMAT/GRE score, as set by different institutions.
- IIMs generally accept a GMAT/GRE score of 650 or above.
- Also, a graduation degree with a minimum 50% aggregate score is required.
- The application forms for these one year MBA courses start from the month of November or December.
- Besides, you need to have an exceptionally good work profile with fluent verbal and written communication skills.
- The candidate is selected overall based on a high GMAT/GRE score and performance on written and verbal ability tests.
Check: MBA GD PI Preparation Tips
The table below mentioned the average GMAT score accepted by the colleges offering one year MBA, based on past MBA admission trends.
| College | Average GMAT Score Accepted |
|---|---|
| IIM Ahmedabad | 702 |
| IIM Bangalore | 709 |
| IIM Calcutta | 685 |
| IIM Indore | 650 |
| IIM Lucknow | 672 |
| ISB Hyderabad | 709 |
| Great Lakes, Gurgaon | 670 |
| XLRI Jamshedpur | 640 |
Executive One Year MBA Programs
- Candidates who do not wish to choose the one year residential MBAs can also opt for the executive MBA programs, which are designed for working individuals who want to do a part-time MBA along with their jobs.
- Executive MBA programs require a higher work experience of more than 8 years and their duration exceeds 12 months.
- Currently, few colleges are offering these executive MBA programs.
Top Executive MBA Colleges in India
| College | Name of the Program | Course Duration | Fees | Work experience |
|---|---|---|---|---|
| ISB Hyderabad | PGPMAX | 15 months | INR 39,63,000 | More than 10 years |
| Great Lakes Chennai | PGXPM | 20 months | INR 8,50,000 | 8 years |
One Year MBA vs Executive MBA (EMBA)
| Parameter | One Year MBA | Executive MBA (EMBA) |
|---|---|---|
| Residential | Yes | No |
| Course Duration | 12 months | 15-20 months |
| Minimum work experience required | 2-5 years (varies college to college) | 8-10 years |
| Eligibility Criteria | A high GMAT/GRE score and work profile. | Work experience for more than 8 years, and a good profile. |
| Course Fee | INR 10-35 lacs | INR 5-35 lacs |
One Year MBA Programs Abroad
There are many business schools abroad that offer a one year MBA program as well as an executive one year MBA program. Some of the top business schools that offer a one year MBA degree are mentioned below.
Check: MBA Abroad
| Name of the University | Course Duration | Tuition Fee |
|---|---|---|
| Maastricht School of Management- Netherlands | 12 months (on-campus) | INR 29,33,774 |
| Rome Business School- Italy | 12 months (on-campus) | INR 16,24,859 |
| Robert Kennedy College- United Kingdom | 12 months (online) | INR 11,15,827 |
| Bryant University- USA | 12 months (on-campus) | INR 89,999 |
| University of Stirling- UK | 12 months (on-campus) | INR 18,85,017 |
| Goizueta Business School- USA | 12 months (on-campus) | INR 76,49,198 |
Kellogg One Year MBA
Kellogg School of Management, Evaston offers a one-year accelerated MBA program, in a cycle starting from June to June at a tuition fee of USD 103,316.
- They also require you to complete some pre-courses in Statistics, Economics, Marketing and Operations as a part of their eligibility criteria.
- The course curriculum focuses on domains of Strategy and Management, Accounting and Finance.
- The first semester focuses on these subjects, then during September, you are taught along with the two-year MBA class for a better understanding.
One Year MBA at Rotterdam School of Management, Erasmus University
Situated in Rotterdam, Netherlands, this business school offers a full-time one-year MBA program with a tuition fee of INR 48,66,534. The course starts in the month of January and is divided into four terms.
- Term I- The Foundations of Management
- Term II- The Practice of Management
- Term III- Advanced Career Options
- Term IV- MBA Electives and International Opportunities
See Also:
One Year MBA at Rushford Business School, Geneva, Switzerland
- This business school offers a full-time online, one-year MBA program with a tuition fee of INR 5,02,081.
- The course offers 17 core subjects and 5 electives.
- A student must complete 15 core courses and 3 electives to complete his online MBA degree.
- The eligibility criteria consist of a bachelor’s degree or any equivalent in any discipline and proficiency in the English language.
See Also:
One Year MBA at ESCP Business School
- ESCP Business School is located in more than 6 countries.
- It offers a full-time, 10 month MBA in International Management with a tuition fee of INR 41,45,371.
- Any candidate with a bachelor’s or master’s degree in any discipline, with a minimum work experience of 3 years, and proficiency in the English language is eligible for this course.
See Also:
One Year MBA at Hult International Business School
- Hult International Business School offers a full-time one-year global MBA program that can be pursued in any of the locations the Hult Business School is located (London, Dubai, Shanghai, etc.)
- The one year MBA costs INR 58,26,655.
- Any student with a bachelor’s degree in any discipline, minimum work experience of 3 years, and proficiency in the English language can pursue this degree.
One Year MBA at International University of Japan, Niigata, Japan
- International University of Japan offers a full-time one-year MBA program with a tuition fee of INR 22,00,240.
- It requires work experience of at least 5 years, a GPA of 3.00 or higher, and a thesis with a grade of B+ or higher.
- The course is divided into three terms and one summer period.
One Year MBA: Syllabus
- The 1-year MBA course is divided into five terms, commencing from the month of April.
- Out of these 5 terms, 2 terms are dedicated to core subjects, 2 for electives, and 1 entire term is designed especially for an international immersion program.
- The one year MBA syllabus is similar to regular MBA syllabus, with a breif focus on every subject rather than comprehensive study.
- The course starts with an induction program to help students get familiarized with the course objectives.
Check: MBA Syllabus
One Year MBA Placements
Given that the candidate already has a work experience of more than 3 years, the placements offered by the various one-year MBA programs focus on the needs of the individual students, keeping in mind their professional backgrounds.
Sectors like Finance, Banking, IT, Consulting, and various others are the main hiring bodies in such programs.
MBA Placements and top companies are similar to the normal MBA programs, the top recruiters include BCG, Amazon, HDFC Bank, etc. You can refer to articles below to know more about one year MBA placements.
One Year MBA: FAQs
Ques. Which is better- 1 year MBA or 2 years MBA?
Ans. Both one year and two year MBA programs are good in terms of the curriculum and placements offered. Both of the programs are designed keeping in mind the career goals and demands of the students.
- The one year MBA program is a better option for those individuals who have a clear career goal and have the work experience in the corporate world, they just need to grow and accelerate their career.
- The two year MBA program is a better option for those individuals who are new to the corporate world and have work experience of fewer than 2 years, such individuals need more in-depth theoretical knowledge along with the practical aspects and also want to experience a good business school environment.
- In terms of dedication and hard work, one year MBA programs require more dedication as it is a fast-paced course that covers all the aspects taught in a two year MBA program.
- In terms of the course fee, both one year and two year MBA programs are equal.
Ques. Is one year MBA worth it?
Ans. Yes, the one-year MBA is worth your time, provided you have the skills and knowledge required for this course. As one year MBA is dynamic, it requires a lot of hard work and dedication, but it is quick, requires much less time, and helps you to get just the right amount of assistance and edge you need, to accelerate your career.
Ques. Which are the best colleges in India for a one year MBA program?
Ans. Here are the list of the best colleges in India for a one year MBA program-
- IIM Ahmedabad
- IIM Bangalore
- IIM Calcutta
- IIM Indore
- IIM Lucknow
- IIM Kozhikode
- IBS Hyderabad
- Great Lakes Gurgaon
Ques. What is the scope of a one year MBA in India?
Ans. There is a good scope of a one year MBA program in India because the placements offered in this course are catered to one’s individual needs, that matches their corporate background as well as the future career goals. The colleges assist you with a better career option and various sectors like Banking, Finance, Consulting, IT hire the students.
Ques. Which is better- executive MBA (EMBA) or full-time MBA?
Ans. Both executive MBA (EMBA) and full-time MBA are good. A better option depends on the student’s work experience and goals. If you have work experience of more than 10 years in your field, and you need to have growth in your career, the executive MBA is the right choice, because it does not require you to leave your full-time job. If you are new to the corporate world and need to have a piece of in-depth knowledge, and a better placement opportunity, the full-time MBA program is the right choice for you.
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