MBA: The Why, The Whats & The Hows

One Year MBA in USA: Guide to Best 1 Year MBA Programs in USA

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Do you wish to pursue an MBA in USA but unable to commit 2 to 3 years for a regular course? Well, now you can acquire a full-fledged MBA degree in USA in just 12 months. The universities in USA offer a 1 year MBA program that is ideal for students coming from different academic backgrounds. It is a fully equipped course comprising all essential business topics and specialisations.

In this blog, we have discussed the top business schools offering one year MBA in USA along with their admission requirements, fees, popular programs and much more.

Table of Contents

Why Study a 1 Year MBA in USA?

The business schools in USA offer a plethora of MBA courses like full-time MBA, part-time MBA, executive MBA, dual MBA, one year MBA, etc. Out of them, the one year MBA in USA is a preferred choice for many students today. Let us begin our discussion by having a look at the top reasons for such popularity of the one year MBA course in USA:

  • One year MBA in USA is the fastest route to a successful career in business, management and entrepreneurship. With a rigorous curriculum and top quality of education, it is one of the most popular programs for MBA in USA.
  • International students with F-1 Visa pursuing 1 year MBA programs in USA can opt for STEM OPT extension. It makes them eligible to take up different jobs in USA for upto 3 years.
  • As compared to a regular MBA of 2 years the 1 year MBA in USA cost is quite affordable. The tuition fees for the latter ranges from $35,000 to $50,000. Whereas the average 2 year US MBA fees is around $50,000 to $100,000 per year.

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Top Universities for 1 year MBA in USA

There are a number of best universities in USA that offer the one year MBA course. Some of them are as follows:

University Name

QS Global MBA Ranking 2022

Northwestern University

16

University of Pittsburgh

101-110

University of Southern California

N/A

Cornell University

33

University of Florida

63

Now let us dive deeper into each university one by one:

Northwestern University, Kellogg School of Management

Kellogg School of Management offers one of the top 1 year MBA programs in USA for international students. It is an opportunity to be a part of an advanced program suitable for your career growth. The experimental learning, world-class faculty and infrastructure makes Kellogg stand out amongst other business schools offering MBA courses in USA for 1 year.

University Type

Private

Location

Evanston, Illinois

Program Offered

One-Year MBA 

Average Annual Fees

$105,380 or 85,00,000 INR

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University of Pittsburgh, Katz Graduate School of Business

The one year MBA in USA at the Katz Graduate School of Business is for individuals who do not want any internship or practical exposure before stepping into the professional world. The course generally begins in May and ends in April next year. It covers all the topics and subjects as that of a general two-year MBA.

University Type

Public

Location

Pittsburgh, Pennsylvania

Program Offered

One-Year MBA 

Average Annual Fees

$42,000 or 33,52,000 INR

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University of Southern California, USC Marshall School of Business

The USC IBEAR at the USC Marshall School of Business is amongst the best one year MBA courses in USA. The curriculum here provides an immersive experiential-learning based framework with an opportunity to develop the knowledge, tools  and business networks. The program also focuses on extra co-curricular to ensure their overall development of the students.

University Type

Private

Location

Los Angeles, California

Program Offered

USC IBEAR MBA

Average Annual Fees

$42,000 or 33,52,000 INR

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Cornell University, SC Johnson School of Business

Cornell University offers one of the diverse 1 year MBA programs in USA. The curriculum here equips students with foundational business principles as well as all business specific knowledge through a variety of electives. It emphasises technology, data analytics, entrepreneurship, contemporary business leadership, etc. as part of the course.

University Type

Private

Location

Ithaca, New York

Program Offered

One-Year MBA

Average Annual Fees

$50,000 or 40,00,000 INR

University of Florida, Warrington College of Business

Warrington College of Business is last in the list of one year MBA programs in USA. It is the perfect course for individuals from diverse backgrounds willing to pursue an immersive program. Like a traditional 2-year MBA, a one year MBA in USA here offers all facilities like extracurricular activities, national career fairs, and so on.

University Type

Public

Location

Gainesville, Florida

Program Offered

One-Year MBA

Average Annual Fees

$61,260 or 50,00,000 INR

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Eligibility Criteria for 1 Year MBA in USA

The eligibility criteria for 1 year MBA in USA is similar to a traditional MBA that is of 2 year duration. While the exact set of MBA requirements in USA varies across universities, the basic ones remain the same. Some important eligibility for MBA in USA for Indian students are as follows:

  • A recognized bachelor’s degree with the desired GPA of minimum 2.5 (the scores vary across universities)
  • GMAT or GRE The average GMAT score is 600 to 730, and for GRE you must have a minimum score of 310 to 315.
  • Minimum work experience of 2 to 5 years.
  • IELTS score of 6.5 to 7.5 and, TOEFL(iBT) score of 85 and above.
  • A valid passport and student visa. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.

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Documents Required for 1 year MBA in USA

There are a number of documents that you need to produce to prove your MBA in USA eligibility. Some of the common document requirements for one year MBA programs in USA are mentioned below:

  • Transcripts of all educational qualifications
  • CV or Resume
  • LOR or Letter of Recommendation
  • SOP or Statement of Purpose
  • Scorecards of IELTS/ TOEFL/ GMAT/ GRE
  • Work experience certificate
  • Proof of funds

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Admission Process for 1 year MBA in USA

The process of applying to USA universities remains the same for all MBA courses. A step by step guide to apply for MBA colleges in USA is as follows:

  • Finalise the university where you want to pursue a 1 year MBA in USA.
  • Visit the official university website and collect all data relating to eligibility and the admission process.
  • Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE scorecards)
  • Fill the desired application form and pay the fee.
  • Once you are selected you will receive the conditional offer letter, you may then book your seat at the particular university.

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Scholarships After 1 Year MBA in USA

Let us now move onto exploring some top 1 year MBA in USA scholarships:

Scholarship

Eligibility

Award (in USD)

Horace W Goldsmith Fellowship

Students demonstrating leadership in non-profit sectors

10,000

McKinsey Award at MIT

All students are eligible

10,000

John C. Phelan Forward Fellowship

Need-based

30,000

Columbia Business School Board China and India Fellowships at Columbia University

Outstanding student profiles from India and China

Variable

Tuck School of Business MBA Scholarship

Merit-based

10,000- full tuition fee waiver

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Jobs After 1 Year MBA in USA

After completing your one year MBA USA, you will be eligible to take up responsible and high-paying jobs in different sectors. Some popular jobs and their estimated salaries are mentioned below:

Job Title

Average Annual Salary (in USD)

IT Manager

$57,000 - $92,000 or 50,00,000 INR

Financial Analyst

$51,000 - $88,000 or 50,00,000 INR

Business and Data Analyst

$40,000 - $90,000 or 40,00,000 INR

Human Resources Specialist

$40,000 - $75,000 or 60,00,000 INR

Systems Administrator

$46,000 - $92,000 or 60,00,000 INR

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If you wish to begin or upgrade your profession within a short period of time, or who have early entrepreneurial aspirations, the 1 year MBA program in USA is the best choice.  For any guidance and assistance in reaching the best US MBA college of your dreams, get in touch with our counsellors at Yocket now!

Frequently Asked Questions about 1 Year MBA in USA

Ques. Can one pursue a 1 year executive MBA in USA?

Ans. Yes. There are universities that offer 1 year executive MBA in USA. Some of them are as follows:

Ques. What are the best 1 year MBA programs in USA?

Ans. Apart from the ones mentioned above, other universities offering 1 year MBA programs in USA include:

Ques. What are the requirements for MBA courses in USA for 1 year?

Ans. The basic MBA requirements in USA include:

  • Undergraduate degree
  • IELTS, TOEFL, PTE scorecards
  • GMAT or GRE scorecards
  • Work Experience
  • Passport and student visa

Ques. What is the average salary after pursuing a 1 year MBA in USA?

Ans. The average salary is 50,000 USD to 60,000 USD.

Ques. Why should I pursue a 1-year MBA in USA?

Ans. One year MBA in USA is the fastest route to a successful career in business, management and entrepreneurship. International students with F-1 Visa pursuing 1 year MBA programs in USA can also opt for STEM OPT extension. It makes them eligible to take up different jobs in USA for upto 3 years.