1-Year Vs 2-Year MBA Programs | Which one to pursue?

Once you decide to get an MBA, you have to choose between a two-year regular program or a one-year fast-track program. When you finish either of these programs, you will have a Master's in Business Administration, which is a very valuable degree for your career. Then, what's the difference between the two, and how do I choose which one to pursue? This article will help you make a choice.

You might think that "less is more" if you could get the same MBA in just one year and for a lot less money. Even though a one-year MBA is less expensive and takes less time, choosing between a one-year MBA and a two-year MBA could be difficult. Before making a wise choice, there are a number of things to think about.

Over the past ten years, one-year MBAs have become more and more popular, especially as more candidates with more experience choose the full-time MBA. In Europe and Asia, most business schools offer MBA programs that last one year or a few months over one year. Most of the time, these courses are more intense and don't offer the chance to do an internship. Still, the benefits of the compensation are not small. Here are some of the pros and cons of getting an MBA in one year instead of two.

What makes a one-year program different from a two-year program?

The main difference between a one-year and a two-year MBA program is how you get your degree. Think of one of these programs as an express train and the other as a regular train. Taking an express train will get you to your destination faster, but you won't enjoy it as much. On the other hand, if you take the regular train, it will take longer to get to your destination, but you will have time to enjoy the scenery and talk to people you meet along the way.

That is exactly what makes the two types of MBA programs different. People can choose how they want to get their MBA depending on the personal and professional goals they have set for themselves.

Before making a decision, there are a number of things that need to be looked at.

1-Year Vs 2-Year MBA Programs

Why One-year program is getting more popular?

One-year MBAs are getting increasingly popular as more people, especially those with experience, sign up for them. Some pros of the one-year MBA are as follows:

• Less time and less money
  The shorter length of the program means that the opportunity cost, tuition fee, and cost of living will all be lower. So, the total cost of a one-year MBA program is much less than that of a regular two-year MBA program.

  Also, in a year, you can move up in your career while spending less time away from a paying job. Sometimes, the program lets you keep working while you get your Master's in Business Administration. This is possible if you take classes online or on the weekends.

• Better ROI The results of a one-year MBA program and a two-year MBA program are not very different from each other. So, a one-year MBA has a much better return on investment than a two-year MBA because it costs less to get an education.

  When you get your degree from a well-known school, employers aren't likely to pay you differently based on how long your MBA program was.

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