Thunderbird School of Global Management recently announced the launch of a brand new MBA program which can be completed by students in just one year. The new flexible program cuts the cost of earning a traditional MBA and also gives students the opportunity to quickly update their skills and credentials.
Thunderbird’s faculty conducted an in-depth survey in the fall of 2012 in an effort to see how well their program reflected student body preferences and market trends. They were particularly interested in discovering why there has been a decline in student applications to the traditional two-year MBA programs.
After careful review of the 2012 survey, Thunderbird faculty noticed an increased interest in shorter graduate courses. While one-year MBA programs have been commonplace in Europe for quite some time, many business schools in the US are just now starting to see an increase in demand for these more flexible programs. In fact, according to U.S. News & World Report, 47% of schools noted an increase in application volumes for their full-time, one-year MBA programs, while 51% of US business schools reported a decrease in the number of applications they received for their full-time, two-year MBA programs from 2011 to 2012.
Students today who are seeking to earn more than a Bachelor’s degree are considering not only how much each program costs but also how long it will take them to graduate. For these students, a one year MBA at Thunderbird can be an appealing option. In fact, students can expect to save approximately $20,000 on the cost of earning an MBA degree just by choosing the one-year curriculum.
Essentially, the market is becoming more sophisticated and graduate schools are adapting their programs to make it more affordable and time efficient for students to earn the degree they are seeking. One factor to consider when enrolling in this type of program is the ability to take an internship. Due to the nature of these programs, oftentimes students do not have time to complete an internship before earning their degree, meaning they could lose out on valuable real-world experience. However, most students earning their MBA at Thunderbird are already well into their career and looking to further advance their career rather than switch fields. Taking an internship is not crucial for those students who will be returning to their current industries after graduating.
Thunderbird’s one year MBA in Global Management offers an in-depth academic and cultural global business education without an extensive interruption to students’ careers and personal lives. Designed for individuals working in international business who are looking for the academic credentials to complement their professional experience, this one-year track takes you directly through the core program curriculum and global study components without pausing for an internship. Students complete their degrees in one year and return to their careers with the knowledge, skills and degree to continue their professional ascent.
For potential students interested in adding an internship and/or concentration area, extended tracks are also available. To learn more about all of Thunderbird’s options, contact Admissions at admissions@thunderbird.edu or +1 602 978-7100 or 800 457-6966.
Read this article to know increasing demand of “one year MBA” programs among students.
Thunderbird’s faculty conducted an in-depth survey in the fall of 2012 in an effort to see how well their program reflected student body preferences and market trends. They were particularly interested in discovering why there has been a decline in student applications to the traditional two-year MBA programs.
After careful review of the 2012 survey, Thunderbird faculty noticed an increased interest in shorter graduate courses. While one-year MBA programs have been commonplace in Europe for quite some time, many business schools in the US are just now starting to see an increase in demand for these more flexible programs. In fact, according to U.S. News & World Report, 47% of schools noted an increase in application volumes for their full-time, one-year MBA programs, while 51% of US business schools reported a decrease in the number of applications they received for their full-time, two-year MBA programs from 2011 to 2012.
Students today who are seeking to earn more than a Bachelor’s degree are considering not only how much each program costs but also how long it will take them to graduate. For these students, a one year MBA at Thunderbird can be an appealing option. In fact, students can expect to save approximately $20,000 on the cost of earning an MBA degree just by choosing the one-year curriculum.
Essentially, the market is becoming more sophisticated and graduate schools are adapting their programs to make it more affordable and time efficient for students to earn the degree they are seeking. One factor to consider when enrolling in this type of program is the ability to take an internship. Due to the nature of these programs, oftentimes students do not have time to complete an internship before earning their degree, meaning they could lose out on valuable real-world experience. However, most students earning their MBA at Thunderbird are already well into their career and looking to further advance their career rather than switch fields. Taking an internship is not crucial for those students who will be returning to their current industries after graduating.
Thunderbird’s one year MBA in Global Management offers an in-depth academic and cultural global business education without an extensive interruption to students’ careers and personal lives. Designed for individuals working in international business who are looking for the academic credentials to complement their professional experience, this one-year track takes you directly through the core program curriculum and global study components without pausing for an internship. Students complete their degrees in one year and return to their careers with the knowledge, skills and degree to continue their professional ascent.
For potential students interested in adding an internship and/or concentration area, extended tracks are also available. To learn more about all of Thunderbird’s options, contact Admissions at admissions@thunderbird.edu or +1 602 978-7100 or 800 457-6966.
Read this article to know increasing demand of “one year MBA” programs among students.
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