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How An Accelerated One Year MBA Can Fast Track Your Career Goals

18 Oct 2021

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1 Year MBA, Career

The needs and goals of students wanting to pursue a business management programme have changed drastically since the traditional MBA program, founded in the early 20th century, gained popularity. While the traditional MBA courses require two years of full-time study, the accelerated one year MBA courses have gained acceptance over the past few years, both with aspirants and the industry. Several institutes and universities are offering one year MBA courses, and deliver legacy education with modern concepts, practical knowledge, and quality placements.

The accelerated one year MBA courses offer a combination of benefits over a traditional MBA, such as taking less time to complete, costing less and thereby giving the candidate an opportunity for faster return to his profession with minimum disruption.

In short, the one year MBA courses offered an affordable, accelerated pathway to grow as a business professional and succeed in today’s fast paced business environment.

However, it could be a challenge to decipher the suitability and effectiveness of this form of MBA from the plethora of choices available. Let us examine how the accelerated one year MBA programme can help you to fast track your career goals.

Eligibility And Suitability

Professionals with prior work experience of more than two years are eligible to pursue the one year MBA courses in India. The thought process is that professionals bring with them functional experience, can skip the foundational part of the curricula, and look to jump in to leadership development and their preferred core specialization. Even though the duration in truncated, one year MBA in India is equally rigorous and intensive as compared to the traditional two-year MBA.

Since candidates that look to pursue the one year MBA have work experience, they can easily look to build on the start they have got in their career. Rather than start afresh, they can look to augment their leadership skills and functional knowledge through the one year MBA to springboard their career. Additionally, many young professionals, in the absence of specialised skills needed in the corporate world, reach a plateau where they find it difficult to progress further. The one year MBA offers a combination of exposure, opportunities and a faster transition and enables the aspirant to face up to the demands of the fast changing corporate world.

In a nutshell, young professionals with experience look to pursue an accelerated MBA to deepen their knowledge, skills, and leadership capabilities in order to advance their career within the same industry and/or company.

These courses are offered only by the best MBA colleges in India. Some of the best MBA courses in demand are MBA in Human Resource Management, One year MBA – PGPM, and MBA in Marketing.

Industry Acceptability and Validity of the One Year MBA Courses

According to a survey by The Wall Street Journal, 82 percent of students and alumni found that an accelerated one year MBA enabled them to re-enter the workforce quickly. BusinessWeek.com also reported that at many B-schools, application rates for accelerated MBA courses have surpassed those for traditional MBAs. This shows that the one year MBA has gained acceptance with prospective employers and is viewed as being on par with the traditional MBA, if not higher.

Industry acceptance for both the two year and the full-time one-year MBA courses are student-driven. However, building managerial and leadership skills on the basis of past experience is the basic outcome of the full time one year MBA courses. The experienced and diverse cohort of the one-year MBA looks to provide a synchronicity between organizational needs and the candidate’s aspirations. With an increasing number of marquee recruiters rolling out exciting offers to one-year MBA students, the programme is here to stay.

Fast Tracking Career Goals – Adding Value

Some of the ways in which the one-year MBA courses add value to the profile of the candidate are –

Expands Professional Network – The course offers an opportunity to interact with a wide and informed audience e.g., faculty, experts, academicians, stalwarts and peers from various industries. This enables candidates to build a professional network that is helpful in their future endeavours.
Opening New Vistas – the one-year MBA acts as more than a launchpad to extend careers. For candidates, it stokes new interests enabling lateral shifts. For entrepreneurs in the middle of or wanting to start their business venture it acts as a platform from where they can look to channelize their new found skills and knowledge.
Career Moves – professionals looking to advance their careers can look at the one-year MBA as a launchpad for career growth through promotions and leadership positions. Up-skilling makes the resume robust and helps in fast tracking career goals and aspirations.

One-Year MBA In India – The Options

While there are several functional specializations offered in an MBA course, the most sought-after ones are –

PGPM – This course is highly sought after by students since it trains students to survive and work productively through challenging situations. Students learn key management traits – performing under pressure, work with and within teams, and a human-centric approach to leadership.
PGPM in Human Resources – The course allows for interactions with CHROs, practice of HR leadership and enables students to work with profit & non-profit organisations. This builds self-reflection, explores strengths, recognising values and develops an Emotional Quotient. Thus, HR professionals are able to manage talent better and bring out the best of their employees.

SOIL institute of Management -The preferred choice for a One Year MBA course

School Of Inspired Leadership has been ranked among the top 20 B schools in India for One Year MBA in india.

Top B School – One-Year MBA Courses

The list of the best one-year MBA colleges in India includes the 15 top management colleges. If we go by the college rankings in India, ISB Hyderabad, IIM Bangalore, IIM Calcutta, IIM Ahmedabad and SOIL Institute of Management are among the top ranked colleges for such courses. These 1 year MBA colleges offer the best MBA courses in demand as per the rankings. Check out the detailed list below –

1 year MBA Rankings	Top One Year MBA Colleges in India	One Year MBA Programme Name	1 Year MBA Programme Fee Rs.	1 Year MBA Average Placement Rs.	Average GMAT Score
1.	ISB Hyderabad	Post Graduate Programme in Management (PGP)	35,99,000	24,36,000	707
2.	IIM Bangalore	Executive Post Graduate Programme in Management (EPGP)	27,50,000	29,88,000	690
3.	IIM Calcutta	MBA for Executives (MBA-Ex)	27,00,000	28,75,000	685
4.	IIM Ahmedabad	Post Graduate Programme in Management for Executives (PGPX)	28,00,000	33,36,000	701
5.	IIM Indore	Executive Post Graduate Programme in Management (EPGP)	20,10,000	20,65,000	650
6.	SPJIMR Mumbai	Post Graduate Programme in Management (PGPM)	20,50,000	19,50,000	660
7.	XLRI Jamshedpur	PGDM-Executive	20,00,000	18,00,000	640
8.	MDI Gurgaon	National management Programme (NMP)	15,35,000	19,00,000	660
9.	IIM Lucknow	International Programme in Management for Executives (IPMX)	23,50,000	–	670
10.	IIM Kozhikode	Post Graduate Program in Business Leadership (PGP-BL)	22,50,000	24,20,000	–
11.	Great Lakes Chennai	Post Graduate Programme in Management (PGPM)	19,25,000	13,63,000	670
12.	IIM Udaipur	MBA- Global Supply Chain Management (GSCM); MBA- Digital Enterprise Management (DEM)	21,00,000	MBA-GSCM: 19,05,000 MBA-DEM: 19,28,000	—
13.	IIM Shillong	Post Graduate Program for Executives – Managing Business in Emerging Economies (PGPEx- MBEE)	18,75,000	17,30,000	—
14.	K J Somaiya Institute of Management, Mumbai	MBA Executive (MBA-Ex)	8,17,400	10,70,000	—
15.	SOIL Gurgaon	Post Graduate Program in Business Leadership	15,03,226	10,70,000	—

Source – https://www.mbauniverse.com/one-year-mba/best-programs

Co-created with 32 Indian as well as international companies, the SOIL Institute of Management began almost a decade ago, and has a legacy of over 1300 alumni.

The Cutting Edge of SOIL

The curriculum at SOIL has been conceptualised by a group of leading companies, and gives students a chance to work on live projects and offers a robust placement process.
Students learn self-leadership through –

Transformational Learning Experience – Learning is focused on innovation and leadership which makes the learning experience customizable. Students have the flexibility to learn and work using various methologies, and this makes the course more effective.
Ability to Change the World – The Social Innovation Program inculcates social inclusivity and hence, students comprehend the realities of the development sector, and transform into compassionate leaders.

If you fit the description and are looking for the right B-School, then visit SOIL Institute of Management’s admission process page to learn more.

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