To survive today’s competitive world where business dynamics are continually transforming, individuals need to be ever-ready to confront hurdles. The recruitment process has become more rigorous and highly competitive. Organizations are looking for an X-factor in a candidate that can help them grow exponentially while hiring for managerial / senior positions. An MBA in a respective field always has an upper hand over a candidate with just a graduate degree.
With job-fitting interpretations changing, it has become quintessential to be equipped with practical knowledge over theoretical concepts. A one-year MBA program (for experienced professionals) or 2-year MBA (for freshers) can help candidates hone skills, master concepts, experience reality, and emerge as a change-maker.
The Evolution of One Year MBA in India
1 Year MBA was first offered in 1959 by INSEAD, Fontainebleau (France) in Europe, and 1963 in the US by the University of Pittsburgh.
1 Year MBA in India was first offered by the Management Development Institute (MDI), one of the best institutes for MBA in Gurgaon in the 1980-1990s. Since then, a lot of colleges and universities have started offering 1 year MBA courses, part-time MBA, executive MBA, and 2-year PGDM programs. This shift was visible in the early 2000s. But only a few MBA institutes were able to sustain the competition and deliver legacy education with modern concepts, practical knowledge, and better placements.
Institutions such as SOIL Institute of Management, Indian School of Business, Indian Institute of Management have become a dream stop for every MBA aspirant. While pursuing 1 year MBA programs from these institutions, students can acquire new skills, exposure, and confidence to return as leaders. The time spent in the classroom work is well balanced with action learning projects, volunteering opportunities, outdoor exposure visits, and team activities.
One-Year MBA vs Part-Time MBA
One year MBA has been highly valued by professionals as well as students, internationally, in India. MBA 1 year courses in India give these aspirants all the required skills, confidence, and industrial exposure to return to their careers in leadership positions. The time spent in classroom work, team activities, experiential learning immersions, volunteering opportunities, and action learning projects, is all well balanced and designed to impart leadership skills in the incumbent.
B schools also offer MBA part-time courses that are specially designed for working professionals who cannot take time off work to attend full-time course. These courses impart theoretical knowledge with less focus on experiential learning and learning projects.
Learn how one-year MBA differs from part-time MBA.
Who can Pursue a One-Year MBA?
Any professional having 2+ years of working experience in an organization is eligible to pursue one-year MBA programs in India. MBA in Human Resource Management, MBA in Business Leadership, and MBA in Marketing are some of the most sought-after MBA courses in India. So, any aspirant looking to pursue MBA in one year in India must have at least 2 years of working experience.
On other hand, the aspirants seeking an MBA degree after graduation can select MBA in Design Thinking, MBA in Liberal Arts, MBA in Consulting, and other new trades that are in demand among the recruiters. Usually, freshers cannot apply for 1 year MBA courses at premier B schools in India. Most premier MBA institutions require at least 2 years of working experience as an eligibility criterion.
When to Consider a One Year MBA Program?
The most suitable time to go for a one-year MBA is when you feel you’ve hit a dead-end in your current work profile and don’t see the scope of any growth, then you can opt for a one-year MBA program. Also, if you want to augment your knowledge and climb up the corporate ladder then a 1-year MBA is the right way to go. If you fit the description and are looking for an outlet, then visit SOIL’s admission process page and get the formalities started.
One Year MBA: Eligibility and Admission Criteria
Aspirants may struggle to secure an admission at top B schools in India for a one-year MBA program. The thought of undergoing multiple stages of assessment before they land up with an admission offer from their coveted B school may make them psyched. Thus, it becomes vital for the aspirant to understand and get a grip on the nuances of this process and how to handle the same.
Students must fulfil the following criteria to pursue MBA in HR Management, Business Leadership, and other MBA courses:
- A Bachelor’s degree from any recognised institution with 50% at least in graduation.
- Above 60% in 10th & 12th Standard Examinations.
- 2 years of prior work experience, at least, is required.
- Valid CAT*/NMAT/GMAT/XAT* scores are accepted. (Non-Mandatory but adds weightage to your profile)
If you are looking to get admission in top B school in India, here is the complete admissions guide.
Top B Schools for One Year MBA in Delhi NCR
In a recent survey it was noted that Delhi NCR had the maximum job opportunities and industry exposure for professional and fresher degrees. Delhi-NCR houses the best business schools with great infrastructure, amenities and faculty. A One Year MBA in Delhi – NCR will give you the opportunity to work in the growing public and private sectors of the country. Here is the list of top B Schools in Delhi NCR:
Why should one choose SOIL Institute of Management over any other B-school?
Top B-school-One-Year Programmes
|
Rank
|
Name
|
City
|
Zone
|
|
Leadership (15)
|
|
Leadership
Excellence
|
| 15 |
|
|
Global
Interface
|
Intellectual
Capital
|
Innovation &
Incubation
|
|
|
Insititutional
Capabilities (25)
|
|
|
Transition from
Knowledge
Force to Work
Force (30)
|
|
Industry
Linkages
|
Placement
|
|
|
Finance(5)
|
|
Return of
Investment
(Roi)
|
| 5 |
|
|
| 1 |
Indian School of Business |
Hyderabad |
South |
15 |
|
|
|
5 |
99.8 |
| 5 |
XLRI Xavier School of Management |
Jamshedpur |
East |
14 |
|
|
|
4.6 |
92.1 |
| 8 |
MDI Management Development Institue |
Gurgaon |
North |
13.1 |
|
|
|
4.3 |
85.9 |
| 11 |
IMI International Management Institue |
Delhi |
North |
12.5 |
|
|
|
4 |
79.4 |
| 16 |
TA Pai Management Institue |
Manipal |
South |
11.5 |
|
|
|
3.8 |
72.4 |
| 18 |
SOIL Institute of Management |
Gurgaon |
North |
11 |
|
|
|
3.7 |
70 |
Scroll right to see complete details
The Benefits of One Year MBA
The most obvious benefit of enrolling in a one year MBA course is its duration. For a working professional there is nothing better than this because even as they are investing time and money in this, they can get back to their respective careers quickly. Also, the professionals who quit their job to pursue the one year executive MBA programs have to pay a relatively lower amount of tuition fees. Let’s explore the benefits in details:
- One of the positives of a 1 yr MBA in India is the reduced opportunity cost in terms of time and money. Enrolled in an intensive course, you learn the same as you would in a two-year curriculum. What’s more, you save on a year’s worth of educational expenses.
- Another big advantage of pursuing an MBA in one year is that a candidate can get back to work quickly. He/she can start working again just after a year with a good salary hike.
- Any MBA one-year program offers career acceleration. Many students also see major career changes after the program. One-year MBA students have the opportunity to make big transformations (switch) in their careers.
- The rigorous curriculum and case-study teaching methodology adopted by most of the premier MBA institutes prepare students for new challenges by putting them in real-world scenarios.
- Students can build their own network and learn new things from each other. As the program is tailored by professionals with experience, there are a lot of learning opportunities that can be utilized while pursuing the course.
Disadvantages of a One-Year MBA
Everything has its flip-side and so does this course. The most important con of this course is that one year sometimes feels inadequate to learn everything about MBA. This concern was also raised by many professors as they feel there is much more to learn and one year is not enough. Another point is that employers prefer the graduates for two-year MBA courses as they feel they have in depth knowledge. Also, there are mostly fewer amounts of placement opportunities for one year PGP courses compared to the two year one.
Future of One year MBA in India
Recruiters at such a program value the past work experience and like to see how the student can apply relevant skills in their jobs. Every sector is now opening up to one year MBA in India and is trying to create the right job profiles for these working professionals. The trends in the education sector have changed enormously in the past few years & the one-year MBA has surely risen up as the course everyone wants to opt for. This trend is only expected to rise in the coming days as well.
Frequently Asked Questions
1 year MBA vs 2 years MBA: Which is better?
Both MBA programs are designed keeping the career goals and demands of students in mind. Both programs offer a good amount of knowledge and placements.
MBA in 1 Year is the best option for professionals having 2+ years of work experience are looking to acquire managerial/senior leadership positions in a an organization. 2-year MBA program is a better option for candidates who have completed their graduation and are new to the corporate world.
Is one year MBA worth it?
Yes, a 1 Year MBA India is totally worth it for students who have right skills and knowledge required for the course. 1 year MBA programs in India are designed to help professionals accelerate their career by transitioning to new roles and get better salary.
Which are the best colleges in India for a one-year MBA program?
Here is the list of some of the best MBA colleges in India offering 1 year MBA programs
- IIM – Ahmadabad
- IIM – Bangalore
- IBS – Hyderabad
- Great Lakes – Gurgaon
- Soil Institute of Management – Gurgaon
What is the scope of a one-year MBA in India?
With companies looking to accelerate their growth and make exponential profits, candidates pursuing one-year MBA from top B Schools have a fair chance to get a job in these companies after completing their MBA. Also, the colleges assist students to take right decision and step into a right sector depending upon their interests and capabilities.
Can I pursue one-year MBA after PGDM?
Yes, post-graduate degree/diploma holders can also pursue 1 year MBA programs.
