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One Year MBA Program. Structure and Validity!
One Year MBA Program. Structure and Validity!,Nov 27, 2024
Online MBA
Nov 27, 2024
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Master of Business Administration or MBA, otherwise known as professional postgraduate study, teaches aspiring students the many aspects of business administration. A fast-growing career and increased compensation have made the pursuit of an MBA one of the most sought-after courses in the world.
More working professionals nowadays prefer to go for a one-year MBA instead of two years. They believe that upskilling has to be done continuously and better than the workforce pace..
The employability rate of MBA graduates is now reported at an increased percentage of 55% in 2022 as against 47% in 2021. India's youth has averaged an employability of 46% over the last four years.
What is a one-year MBA?
The one-year MBA program offers an overall learning experience lasting ten to twelve months, or 12 to 15 months in some institutions. It is suited to those individuals who plan to join their family firm or professionals currently working to enhance their managerial skills.
Compared to a two-year program, it grants working professionals to be out of their jobs for a shorter period. Many IIMs along with other AICTE-approved institutes offer some of the best one-year MBA programs in India which include XLRI and SPJIMR, among many others.
In India: One year MBA V/s Two years MBA
A two-year MBA program will provide extensive training to the students through different types of internships, real-world projects, and other campus activities.
Despite this, many students still prefer a year MBA over a two-year program because the brief time allows them to return to work sooner. Some of the differences between the two have been mentioned below.
Mathematical Aptitude in a One-Year MBA Program
A 1-year MBA is ideal for those who have a strong quantitative background since it is fast-paced, and anybody with any kind of experience in arts, commerce, or the sciences can go for a 2-year MBA.
Work Experience Is Mandatory A one-year MBA course.
Several two-year MBA programs admit freshmen. Nevertheless, two years of work experience must be completed to join a one-year MBA program.
So, you would need at least two years of industrial or on-the-job experience so that you can undertake a one-year MBA course.
Learning Speed
- A one-year online MBA is a course that is too hectic for the freshers to keep up with the course material.
- They acquire almost nil work experience during the period they undergo an MBA, so they are much more prepared for the corporate world.
- Cost-effective
- A year MBA is cost-effective in India as it helps a person recover his investment much earlier.
Is a one-year MBA valid?
Since, with such a one-year MBA, they can get back to their high-paying jobs sooner and also rocket in their professional careers quicker, many working professionals opt for it instead of the two-year program.
Therefore, the one-year online executive MBA programs are on the rise in India. There are many big business institutes in India, like IIMs, that offer the one-year MBA program.
Many institutions also provide a one-year online MBA course that is even more beneficial for working individuals.
It will let someone learn conveniently from anywhere at any time without disturbing their work schedule. Moreover, it will guarantee that they are not going to have to take any kind of career sabbatical.
Career Opportunities after One Year MBA
- The placement drive typically starts at the end of a two-year MBA program. However, for a one-year MBA, the placement drive goes on throughout the year. In any season of the year, the corporations visit the college to recruit the best candidate available.
- Normally, they recruit individuals holding a one-year MBA for vice president or other designations of high managerial level in the organization.
- They can initiate creative and insightful changes in an organization and are equipped to become leaders, holding senior management positions. They go on to eventually become the industry leader.
- The average salary for one-year holders of the MBA degree is more than that of two-year degree holders because candidates are recruited for such senior-level jobs rather than entry-level ones.
How and When Am I Eligible to Apply for a One-Year MBA Program?
This one-year MBA course is recommended to join when sufficient experience has been gained in the job. In general, most institutes accept applications for this course in November and December, with classes commencing in April.
Nevertheless, some institutes also start classes in July and August. For a one-year online MBA in India, IIMs consider a minimum GMAT or GRE score of 650.
An executive MBA program in India for one year is designed to improve the abilities and further their career in life through this professional course. This course is introduced to give better education and skills to professionals, which would help them in their flourishing careers and make them more industrious and ambitious in their respective fields.
Conclusion
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