Best One Year MBA Programmes in India.
Not just among business majors, but all throughout the world, MBAs are highly sought for. An increasing number of people are pursuing this esteemed degree from a variety of subjects, including engineering, social sciences, physics, and the natural sciences. Anyone who appreciates the thrill of working in a fast-paced office setting and wants to climb the corporate ladder may consider getting an MBA.
What is a One-Year MBA?
A one-year MBA programme is designed for seasoned professionals who want to progress in their jobs without taking a long vacation. It is an expedited graduate business degree. These courses cover the same fundamental knowledge and abilities as the standard two-year MBA, but in a shorter amount of time due to the condensed nature of the material.
This course is limited to individuals who have a minimum of 2 year work experience.
The benefits of a One-Year MBA:
Top Universities offering One-Year Programmes in India
1. Post Graduate Programme in Management - ISB
The One-Year MBA programme at ISB is renowned for various reasons. After forming affiliate schools Wharton and Kellogg, ISB later collaborated with London Business School to enhance the research focus. Additionally, Tufts University's Fletchers School and ISB have partnered.
Leading the way in research and providing thought leadership are the academic members. The Indian School of Business is the newest institution to get triple accreditation, having received accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the EFMD Quality Improvement System (EQUIS), and the Association of MBAs (AMBA). ISB is among the few business schools that concentrates on developing nations and makes it possible to learn more about the Indian business landscape. With more than 50 universities, ISB collaborates on international inbound and outbound exchanges.
To get admission, GMAT is compulsory. You can secure a posisiton after working for 2 years or reserve your seat via their Yound Leaders' Programme and defer your addmission. The latter, however, is very tough considering the low selection rate.
2. Executive Post Graduate Programme in Management - IIM Bangalore
Ranked #2 by the NIRF in 2023 and often considered the best management institute in India, IIM Bangalore is a dream for many.
A comprehensive one-year full-time residential programme leading to an MBA, the Executive Post Graduate Programme in Management (EPGP) is designed especially for experienced professionals with exceptional work histories and five to twelve years of experience across a variety of industries.
The EPGP was created by IIMB with the express purpose of preparing these innovative and forward-thinking managers—the future generation of business leaders who will add value to both their companies and society.
3. MBA for Executives Programme - IIM Calcutta
As the first management institute in the nation to receive Triple Crown certification—that is, accreditation from all three of the major international accreditation bodies for management education—IIM Calcutta is accredited by AACSB, AMBA, and EQUIS. Only 5 other business schools in Asia and 73 business schools around the world are currently ‘Triple Accredited’.
Since the management program's founding in 2006, its graduates have excelled in the leadership roles they have held in their respective companies. Due to the students' varied backgrounds and industries, as well as their varied work experience, peer learning is far more nuanced than in a typical MBA school. Numerous eminent graduates of this programme hold prominent roles in other organisations.
4. Post Graduate Programme in Management for Executives - IIM Ahemdabad
When it comes to career progression, this programme is routinely ranked in the top five worldwide in the Financial Times category. IIM Ahemdabad has been consistenly ranked #1 by NIRF for years now. This institute has been dubbed as the HBS of the East and is certainly a tad-bit easier to get into. One of the program's highlights is the International Immersion Programme (IIP), which exposes students to a variety of international universities and gives them exposure to global business environments. Immersion abroad programme offered by ESCP Europe, Warwick Business School in England, People's Republic of China, Chinese University of Hong Kong, Hong Kong Special Administrative Region, and many more.The course is designed for executives and is a full-time residential programme.
5. Post Graduate Programme in Business Leadership - IIM Kozhikode
The Indian Institute of Management Kozhikode (IIMK) is presently experiencing rapid expansion. It provides the most comprehensive academic programmes in the field of management education and has a history of introducing noteworthy innovations into the design and delivery of its programmes.
The PGP-BL is a full-time, residential course lasting a year that includes placement help, a continuous industry involvement component, and a module on global immersion. The course is designed in five terms, each lasting eight to nine weeks.
IIM K, from being a top 6 institute in the country has risen up to dethrone IIM C for the #3 rank. When an institute manages to does something of this sort, it means a lot. This showcases the guidance and leadership by the management is correct and the university, as a whole, is doing something right.
6. International Programme in Management for Executives (IPMX) - IIM Lucknow
The course was started in 2008, keeping in mind the requirements of mid and senior level professional managers. The course has been accredited by AASB - Association to Advance Collegiate Schools of Business and AMBA - Association of MBAs. The course offers various interesting opportunities. These include the Leadership Talk Series (LTS) under which a vast array of individuals - ranging from entrepreneurs to academicians share their experiences. Under International immersion, students get the opportunity to experience life in a different country and understand the nuances of business in different cities.
Frequently Asked Questions
1. What is the difference between a one-year MBA and a two-year MBA.
There are various differences between the two. The primary difference is that a one-year MBA requires prior work experience. While the course offerings change a bit, a one-year MBA is more peer-learning focused as well. The two-year MBA gives your the opportunity to explore your interests via internships etc. Naturally, this luxury is not provided in the One-Year MBA, however, the degree offers you the flexibility to change careers.
2. Which is the best 1-year MBA program in India?
There are various top universities like ISB, IIM A etc that offer a 1-year program in India. As per our understanding, which comprises diving deeper than pure rankings, ISB offers the best 1-year MBA program in India. This is not to say that other universities aren't as good. There are other factors at play such as global ranking, recognitions, alumni networks and partnerships etc. because of which we have taken this stance.
3. Which MBA is most demanded in India?
MBA as a degree holds immense value and is high in demand. Considering recent industry trends, these demands can fluctuate. However, Operations and Finance are consistently amongst the most sough-after MBAs in India. However, with recent advancements, MBA in AI, Biotech etc are also very much in demand currently.
4. Is 1 year MBA better than 2 year MBA?
There is no definite answer to this. Both have immense value and it cannot be randomly decided. In the article above, we have listed the benefits of a one-year MBA. Regardless on your choice, both, a one-year as well as a two-year MBA have great value.
5. Which exam IIMs consider for MBA and how to prepare for that?
IIMs consider CAT exam for the admissions in their flagship programme, some IIMs consider GMAT also for some of its MBA programmes. If you want to prepare for CAT, you can checkout Cracku. It provides 18000+ questions for practice with detailed solutions. CAT is all about practising tons of good quality questions and Cracku is known for that.