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One Year MBA in USA for International Students

MBA-in-USA-for-international-students

In today's fast-paced world, the lack of time stops us from achieving our full potential with a master's degree. In the growing financial and technological world, an MBA has become the most preferred degree among international students in the USA.  However, usually, it is a 2 to 3-year course, for which most of us will not be able to spare our time. 

That is why a one-year MBA became a solution. If you are also interested, please continue reading. 

Read More:  MBA in the USA

Who Should Pursue One Year MBA in the USA? 

Since a 1-year MBA degree is only an accelerated version of the standard MBA, anyone can enrol in it. However, we would recommend it if you want to save costs, have a transparent idea about your goals and industry, or if you are a working professional with a lack of time. However, if you can pursue it, then there are no obligations.

One Year MBA Programs in the USA

University Name

Rankings

Program

Duration (in yrs.)

The University of Chicago

10

Executive MBA

1.10

Columbia University

19

Executive MBA

1

New York University

42

Executive MBA

1

Duke University

52

Executive MBA

1.9

The University of California

32

Executive MBA

1.10

Massachusetts Institute of Technology

1

Executive MBA

1.9

The University of Vermont

651 to 700

Sustainable Innovation MBA

1

TOP 10 Universities to Pursue One Year MBA in the USA

  • Cornell University.
  • Northwestern University.
  • The University of Southern California.
  • Emory University.
  • The University of Notre Dame.
  • Babson College.
  • Hult International Business School.
  • Bryant University.
  • The University of Findlay.
  • Tennessee State University.

Quick Read: TOP Universities in the USA

Cost of Studying One Year MBA in the USA

Below, we have stated the names of some of the best universities in the United States of America that offer various MBA programs, including one year MBA. We have also mentioned the tuition and application fees for your reference.

University Name

Application Fees in INR (Approx.) 

Annual Tuition Fees in INR (Approx.)

Cornell University

15302

5504162

Northwestern University

11475

7904754

The University of Southern California

11859

8822801

Emory University

13389

7700777

The University of Notre Dame

7651

6215862

Babson College

7651

6851511

Hult International Business School

5738

5830096 to 5990768

Bryant University

6121

3421547

The University of Findlay

3824

1679022

Tennessee State University

3671

1622787

Cost of Living in the USA

We calculated an estimated cost of living in America. The amount is around 10000 to 18000 USD per year. It includes accommodation, groceries, and others; below, we have mentioned a USA living cost table.

S.NO

Scholarship Name 

Eligibility

Amount in USD (Approx.)

1

Harvard University – MBA Scholarships in the US, 2022

Academic excellence, and promise to HU 

Full funding

2

NYU Stern School of Business – William R Berkley Scholarships in the US

Be in UG final year, average GPA at least 3.50, and good terms with NYU

Full funding

3

Arizona State University WP Carey Forward Focus MBA Scholarship

N/A

Full tuition fees

4

The University of Florida Warrington College of Business

Based on GMAT, GRE, score, GPA (UG), professional ( experience & character), recommendations, and personal character

Full tuition fees

5

The University of Chicago Booth School of Business Merit-Based Scholarship

Based on Academic merit, prospective concentration, interview quality, competitiveness, career goals, and life experiences

Various awards

6

The MBA Bauer Excellence Initiative

Above average academic achievement (GMAT, GRE, or GPA), academic, and professional potential

Up to 10000

7

Ritchie-Jennings Memorial Scholarship

The US citizens or PR, majors or minors in accounting business management, or finance 

1000 to 10000

8

Wharton’s Emerging Economy Fellowships

Unique personal qualities, background, academic, professional, and community excellence

Full funding 

9

Joseph Wharton Fellowships

Academic and professional excellence

Up to 20000

10

McKinsey Award at MIT Sloan

Academic, professional leadership, and community service excellence

10000

One Year MBA in the USA: Eligibility Criteria

  • You need to have advanced knowledge about the business world. You have undertaken a UG degree in business or a relevant sector.
  • You need to write the GMAT Exam and submit your score to be eligible.
  • You must have at least 4 to 10 years of work experience.
  • Your profile is also evaluated, including your Statement of Purpose (SOP), practical experience, Letter of Recommendation (LOR, at least 1, but the more, the better), and other achievements to prove your potential.
  • Finally, you need to write an English language proficiency test such as the IELTS, TOEFL, etc., to prove that you can at least read, write, speak, and listen to English at a competent level.  

Exams Required to Study One Year MBA in the USA

Scholarship to Study One Year MBA in the USA

S.NO

Scholarship Name 

Eligibility

Amount in USD (Approx.)

1

Harvard University – MBA Scholarships in the US, 2022

Academic excellence, and promise to HU 

Full funding

2

NYU Stern School of Business – William R Berkley Scholarships in the US

Be in UG final year, average GPA at least 3.50, and good terms with NYU

Full funding

3

Arizona State University WP Carey Forward Focus MBA Scholarship

N/A

Full tuition fees

4

The University of Florida Warrington College of Business

Based on GMAT, GRE, score, GPA (UG), professional ( experience & character), recommendations, and personal character

Full tuition fees

5

The University of Chicago Booth School of Business Merit-Based Scholarship

Based on Academic merit, prospective concentration, interview quality, competitiveness, career goals, and life experiences

Various awards

6

The MBA Bauer Excellence Initiative

Above average academic achievement (GMAT, GRE, or GPA), academic, and professional potential

Up to 10000

7

Ritchie-Jennings Memorial Scholarship

The US citizens or PR, majors or minors in accounting business management, or finance 

1000 to 10000

8

Wharton’s Emerging Economy Fellowships

Unique personal qualities, background, academic, professional, and community excellence

Full funding 

9

Joseph Wharton Fellowships

Academic and professional excellence

Up to 20000

10

McKinsey Award at MIT Sloan

Academic, professional leadership, and community service excellence

10000

JOB opportunities after one year MBA in the USA

After completing your MBA qualification from the USA, you will have plenty of job opportunities as per your specialisation. 

Below we have mentioned some of the high-paying designations in the USA category-wise for your reference.

Job Profile

Salary in USD (Annual) (Approx.) 

Business Development Director

104801

Project Manager

74420

Operations Manager

65862

Senior Accountant

68343

Financial Analyst

61223

Finance Manager

92093

Financial Controller

84148

Senior Accountant

68343

Accounting Manager

72318

How to Apply for a One Year MBA in the USA?

The admission process to a one-year MBA in the USA is similar to its two-year counterpart. Still, you need to know the steps as a reference to be fully prepared and will not make a mistake when you apply.

STEP 1: You need to fill in an application form and submit it along with the fee.

STEP 2: Know your requirements. Below we have mentioned this information for you.

  • You need to hold a relevant undergraduate degree with at least a 2.5 GPA on a 4.0 scale.
  • You also need a valid GMAT scorecard. However, many universities have made this requirement optional because of the coronavirus pandemic.
  • To prove your skills in the English language, you need a valid IELTS, TOEFL, or relevant English proficiency test scorecard.
  • Since the 1-year MBA is a short version of the 2-year MBA, you need a minimum of four years of work experience to be eligible.
  • Additional documents such as SOPs, LORs, academic records, financial certificates, etc., are also required.

 FAQ

That was a wrap on 1-year MBA in the USA for international students. Our expert team at AECC can help you choose the best university and MBA course per your needs. With our experience, we ensure that your study abroad dreams they come true. Contact us today.

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