Life in the fast lane: the one-year MBA
If business can be defined as a language, your fluency in it defines your level in the global hierarchy of commercial activity. From hot dog stand to corporate boardroom there is a spectrum of fluency in business terms, concepts and ideas. At the top you find people who have mastered these to enable themselves to move in C-suite circles with confidence. Many of those who didn’t get there from the hot dog stand by sheer force of will and chutzpah will have got an MBA under their belt to help them progress their careers. It will instil in them the interpersonal soft skills and practical business application essential to taking them further in the business world. Especially in the United States, the MBA is held as the gold standard for fluency in the language of business.
But MBA courses traditionally take two years, often juggling the demands of work and study. Many such courses will include a placement where you can try out a new profession and gain experience. But if your sails are set and you know which profession you’ll be working in, or indeed already are working in, then a 1-year fast track MBA might be for you. It covers the same material in half the time, so just get your head down for a year and you’ll come out the other end with the coveted qualification that will take you where you want to go.
The one-year format is far more prevalent in Europe than in the USA, but some U.S. schools are starting to offer the fast-track version. The University of Notre Dame is one, with its prestigious One-Year MBA Program. Full-time from May to May, it begins with an intensive 10-week Summer session before merging with the second year of the two-year program. So with a few weeks of sweat, you will have saved a precious year – a year during which, instead of studying, you could be making your first million.