Accelerated MBA Programs Online

An accelerated online MBA programs can open doors of opportunities in 2022. It is one of the most versatile and in-demand degrees, and it prepares students for many different careers. The Bureau of Labor Statistics (BLS) has projected a 5% growth rate for business and financial occupations from 2019-2029, a rate faster than average for all occupations. This shows that careers related to business management will continue to be important in the years to come, and those with an MBA can benefit greatly from this growth.

Accelerated online MBA programs are very appealing to busy professionals. For those who have a hectic schedule, the fast-track program allows students to earn their degree in less time than it would take at a standard business school. Plus, they can save money by avoiding the time expenses associated with traveling to school and using campus amenities.

Those considering accelerated MBA degrees should take into consideration work-life-school balance, program quality, online vs. in-person delivery, and cost.

As a result of COVID-19, many universities expanded and improved their distance education programs, making now a good time to consider a one-year, online MBA.

Accelerated Online MBA

Those considering accelerated MBA degrees should take into consideration work-life-school balance, program quality, online vs. in-person delivery, and cost. As a result of COVID-19, many universities expanded and improved their distance education programs, making now a good time to consider a one-year, online MBA.

15 Best Accelerated Online MBA Programs In 2023

#1 Best Accelerated Online MBA Programs

A school with the current name of UF was first established in 1853, and has been serving students from the current location in Gainesville since 1906. The school’s 500,000th degree was awarded in 2014.

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#2 Best Accelerated Online MBA Programs

With eight colleges and schools, AU offers degrees in Washington, D.C., including the Kogod School of Business. This school is the first university, urban campus, and research institution to achieve carbon neutrality.

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#3 Best Accelerated Online MBA Programs

Bay Path began in 1897 and now serves more than 3,300 students as a member of the Women’s College Coalition. However, Bay Path’s graduate programs are open to all learners, even if undergraduate courses are restricted to women.

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#4 Best Accelerated Online MBA Programs

Saint Mary’s was founded in 1912 as a Roman Catholic educational institution that serves more than 5,500 students in undergraduate and graduate programs. The school maintains three campuses and also offers several online programs.

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#5 Best Accelerated Online MBA Programs

In 1873, SAU was founded as an educational enterprise of the Free Methodist Church, an affiliation it maintains to this day. The college’s first adult degree completion program began in the 1980s, along with its first graduate program in 1994.

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#6 Best Accelerated Online MBA Programs

Molloy was founded by the Dominican Sisters of the Congregation of Holy Cross Amityville as a Catholic educational institution for women on Long Island. Today, the institution educates over 5,000 students across all levels of higher education.

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#7 Best Accelerated Online MBA Programs

Cedarville was founded in 1887 as a part of the Reformed Presbyterian Church and maintains its Christian principles of worship, community, and biblical worldview. Now the school offers over 150 programs of study at the undergraduate and graduate levels.

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#8 Best Accelerated Online MBA Programs

As part of the Lutheran Church—Missouri Synod, the CUC focuses on truth and freedom in education to help students live lives of influence and service. The school has welcomed learners for more than 150 years.

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#9 Best Accelerated Online MBA Programs

Walsh University in North Canton, Ohio, is a private Roman Catholic institution serving 2,650 students from 38 states and 31 countries. They have degrees at every level from associate to doctorate.

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#10 Best Accelerated Online MBA Programs

St. Thomas University was established in 1961 as Biscayne College by a group of Augustinian friars. Today, the university receives sponsorship from its archdiocese, one of only two such schools in Florida.

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#11 Best Accelerated Online MBA Programs

Southern University is located in Collegedale, Tennessee and is affiliated with the Seventh Day Adventist Church. More than 2,600 students are enrolled in undergraduate, graduate, and doctoral programs at this institution.

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#12 Best Accelerated Online MBA Programs

An evangelical Christian university located in Hobbes, New Mexico, USW has served students since 1962. There are five fully online graduate degrees offered by the school, including a master’s degree and a doctorate program in business administration.

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#13 Best Accelerated Online MBA Programs

KWU in Salina, Kansas, a thriving arts community of about 50,000 people, recently celebrated 134 years of service to students. It offers four online degrees and serves just over 800 students.

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#14 Best Accelerated Online MBA Programs

Initially, St. Andrews’ educational initiative began in 1896 as a project of North Carolina’s Presbyterian churches. The school has been merged with Webber International University since 2011, when they have offered the MBA, the institution’s first graduate program.

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#15 Best Accelerated Online MBA Programs

Located in Hackettstown, New Jersey, Centenary University has been educating students for more than 150 years. The school also features off-campus learning centers and a national equestrian program.

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Is an Accelerated MBA Worth It?

An accelerated MBA is a specific type of MBA that allows students to complete their degree faster than a traditional MBA. This approach is targeted at graduate students who have already earned an undergraduate degree. Offered by some business schools, accelerated MBAs typically require two years of study and take place on a part-time basis.

Students can calculate the return on investment by comparing the cost of their program, the salary they earn once they begin working, and the speed with which they obtain employment. MBA graduates can expect starting salaries that far exceed tuition costs even if they have attended top business schools.

According to a May 2019 report, the median annual salary for new MBA hires is $115,000 from U.S. companies. Business school graduates also receive significant signing bonuses from many employers.

An accelerated MBA is an MBA program lasting 12 month to two years at the most instead of the typical two years to three years. This allows you to graduate faster and start earning a higher than normal salary sooner than a traditional MBA. An accelerated masters degree also saves you time if you are considering getting your masters after a four year bachelor’s degree. Also, check out our guide on scholarship for business majors and cost of a masters degree here.

What to Expect From the Fastest Online MBAs

There are a number of benefits to earning a degree online. For one, you don’t have to relocate. Online programs also allow students to complete their coursework around their professional and personal commitments, which can be a challenge for traditional MBA students. Full-time students usually graduate in 24 months, but part-time learners may take longer. There are many schools offering accelerated MBA programs, with one-year programs compressed into just a year. Some schools offer five-year bachelor’s-to-master’s bridge programs that allow students to earn a bachelor’s and master’s degree in business in five years combined.

A traditional MBA program takes about two years to complete, while an accelerated MBA program typically can be completed in one year. Traditional and accelerated MBAs usually require the same number of credits (although some schools offer more depending on program), but accelerated programs condense the curriculum of a traditional two-year degree into one year. MBA specializations include accounting, management information systems and strategy. Most instruction is provided by full-time faculty, though part-time and adjunct instructors are often involved as well.

For a growing number of professionals, returning to school to earn an MBA may be an enticing option that offers the opportunity to advance their careers and increase their bottom line. Whether you’re interested in a traditional or accelerated format, online or in person classes, there are several options available to help you reach your educational goals.

There are a number of benefits to earning a degree online. For one, you don’t have to relocate. Online programs also allow students to complete their coursework around their professional and personal commitments, which can be a challenge for traditional MBA students. Full-time students usually graduate in 24 months, but part-time learners may take longer. There are many schools offering accelerated MBA programs, with one-year programs compressed into just a year. Some schools offer five-year bachelor’s-to-master’s bridge programs that allow students to earn a bachelor’s and master’s degree in business in five years combined.

A traditional MBA program takes about two years to complete, while an accelerated MBA program typically can be completed in one year. Traditional and accelerated MBAs usually require the same number of credits (although some schools offer more depending on program), but accelerated programs condense the curriculum of a traditional two-year degree into one year. MBA specializations include accounting, management information systems and strategy. Most instruction is provided by full-time faculty, though part-time and adjunct instructors are often involved as well.

For a growing number of professionals, returning to school to earn an MBA may be an enticing option that offers the opportunity to advance their careers and increase their bottom line. Whether you’re interested in a traditional or accelerated format, online or in person classes, there are several options available to help you reach your educational goals.

Benefits Of Getting An MBA Faster

An accelerated MBA allows you to benefit from an MBA degree program in less time than the standard route – and at a lower cost. If you are entertaining the idea of getting an MBA degree and would prefer to have your degree in less time or if you feel that one-year MBA programs offer certain benefits and advantages, you should know what you’re getting into. Below, we outline the benefits and drawbacks of accelerated online MBA programs.

Save Time

You may be able to enter the workforce, start earning money, and achieve your career goals more quickly.

Save Money

Getting an MBA degree in less time can save you money. You’ll probably pay less tuition and start earning an MBA salary earlier.

Less Time to Build Relationships

The MBA program promotes deep friendships and extensive networking opportunities. A one-year MBA reduces the time available in making these beneficial connections.

Easier Transition

Shortening the education process and enabling quicker entry into the business world can reduce the stress related to employment searching.

Professional Classmates

Students in accelerated MBA programs tend to be older and further along in their careers than those enrolled in traditional MBA programs.

Can’t Work Simultaneously

A one-year MBA requires a lot of commitment, so you probably won’t be able to work while you’re in school.

Too Intense

For those who need additional time to process new information, an accelerated MBA program may present too much information in a short period of time.

No Internship

You won’t likely complete a summer internship. Experiential learning opportunities, such as traditional summer MBA internships, often lead to professional connections and jobs after graduation.

Same Outcomes

Accelerated MBA students typically receive the same career opportunities and earn similar salaries as those graduating from traditional MBA programs.

Comparing Traditional and Accelerated MBA Programs

Is There An One-Year MBA Programs Online?

Many US and international universities offer one-year accelerated MBA programs. These increasingly common distance education programs provide students with learning experiences and opportunities of the same high quality as their in-person counterparts. When schools offer one-year MBA programs online, they do not simply replicate their in-person curricula. Instead, they build distance education MBA programs that reflect how today’s business environment is changing.

All people can appreciate the convenience and flexibility of distance education. Accelerated MBA programs thrive online, emphasizing the importance of technology skills in today’s business world. With many on-campus programs disrupted by the COVID-19 pandemic, an online, one-year MBA program may seem especially appealing today.

You have to decide if you can learn effectively and affordably online before signing on the dotted line. Cost, program structure, and personal comfort level with independent study are important factors to weigh.

The Admissions Process

Admission requirements for accelerated MBA programs vary by college. Many colleges require that applicants have a bachelor’s degree and a minimum GPA of 2.5 but some insist that applicants also possess a graduate business degree. The MBA program will boil down to your current educational status, your prior work experience and your career goals.

Most students applying to business schools take an MBA entrance exam and submit scores from the GRE or GMAT. Some programs don’t require standardized test scores. Also required are 3-5 years of professional experience, a statement of purpose, and letters of recommendation. Applicants to accelerated MBA programs may be required to demonstrate professional experience more frequently than to applicants to traditional business school programs.

Admission committees may also require in-person or phone interviews. The application materials typically include college transcripts, a completed application, and an application fee.

Specialization Options for Accelerated MBAs

Specialization options for accelerated MBAs are very similar to those of traditional programs, with a couple of differences. Accelerated MBA programs often stick to the core program of courses required by the school as a way of making sure students complete their degree requirements in a timely manner. Specializations are offered in place of electives, but students still have plenty of room for choosing a concentration that is truly meaningful to them and their future careers. A person who wants to keep their options open and develop a breadth of skills may prefer a general MBA instead.

Popular Accelerated MBA Courses

An accelerated Master of Business Administration (MBA) has fewer requirements than a standard MBA program and can be completed in one to two years. Although some accelerated MBA programs are available online, students typically have to attend classes on campus to receive credit. Accelerated MBAs typically contain the same foundational courses as a regular MBA program, such as accounting, finance, marketing, e-business, operations management and organizational behavior. Accelerated MBAs also include a series of electives that students choose based on their professional interests. Most programs offer core, elective/concentration, and capstone/internship courses. Here are some typical accelerated MBA classes.

LEADING PEOPLE

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FINANCIAL ACCOUNTING FOR DECISION-MAKERS

A basic knowledge of financial accounting will be developed in this course. Students are taught to record economic events and analyze financial statements and disclosures. The class also focuses on accounting standards, the financial reporting process, and managerial incentives.

CRITICAL THINKING FOR MANAGERS

Learners gain experience evaluating claims critically to make the best decisions. Managers use this skill every day.

RESEARCH METHODS IN MARKETING

Students learn how to make management decisions based on marketing research. The elective class examines customer needs to develop new products and services.

HUMAN CAPITAL MANAGEMENT

The elective focuses on finding, using, and motivating human talent to make organizations more competitive. Recruitment and selection, equal opportunity employment, and fair discipline are other topics. Students learn about strategy, goal setting, and communication.

An introduction to managing people in organizations is provided in this core course. Learners examine topics like conflict management, change management, diagnosing organizational culture, and leadership strategies. Leadership, management, and interpersonal skills are developed.

Cost For Accelerated MBA

An accelerated MBA program is an excellent way to reduce the cost of getting a business degree. The appeal of an accelerated MBA is clear—in less time, you can get on with your career. By reducing the time spent in college, accelerated degree students are able to take on lower student loan debt and begin their careers sooner.

The cost of an accelerated MBA varies by school. The total cost of your MBA will include tuition and fees, any books you have to buy, travel expenses to campus, and on-campus housing or other living expenses.

MBA programs are typically more expensive than an undergraduate or master’s degree when taken at a public university. Private institutions often charge more because they offer students services such as networking events, professional mentors, and alumni engagement. Public colleges and universities tend to provide these benefits for free, but private universities may charge a fee to cover the costs of offering those advantages.

You should look into the school’s financial aid opportunities no matter what one-year online MBA program you choose. A student may qualify for loans, grants, work-study programs, and scholarships.

Selecting the Right One-Year MBA Program for You

Accreditation

Make sure the schools you are considering hold regional accreditation. Attending an unaccredited college makes it much more difficult to apply for financial aid, transfer credits to another university, or earn professional certifications.

Cost

The price of an accelerated MBA program varies considerably from institution to institution, depending on the type of MBA you’re pursuing. A traditional business degree can be much less expensive than pursuing an accelerated degree, especially if you attend a public university in your home state. Loans and grants are available for students who need additional assistance paying for their education.

Location

Regardless of whether you choose an online MBA for one year, you may still need to go on campus at some point.

Prestige/Reputation

Attending highly regarded accelerated MBA programs may pay off with enhanced internship and job opportunities from employers who value prestigious degrees. Any MBA program can prepare students for high-paying careers.

Difficulty of Admission

There are some MBA programs that have a lower acceptance rate and a more difficult admissions process than others.

Alumni Network

In my opinion, networking is one of the most important parts of business school. Being a part of an alumni network can make all the difference when it comes to landing internships and jobs after graduation. If you’re about to graduate or currently in your first few years out of business school, picking a program with robust alumni networking can have a significant impact on your career for decades to come.

FAQs About Accelerated Online MBA Programs

Yes, many universities offer one-year MBA programs both online and in person. Accelerated MBA programs often require learners to take more classes in a shorter period than traditional MBA programs, which typically last two years to complete. Many hours are spent on coursework by one-year MBA students each week.

Both types of degrees have their advantages. With a one-year MBA, students can graduate and begin working more rapidly. Working professionals who want to keep their jobs while in school may find a two-year MBA appealing.

A typical online MBA program requires 30-45 credits and takes about a one year to complete. Program length varies by school, credit requirements, and how many credits you take each semester.

The time it takes to finish an online MBA varies by school. Those who complete accelerated MBA programs online can complete the program in one year. Students who take fewer credits each semester can finish their degrees in two years or more.

Yes. Even though some employers did not value distance learning in the past, online MBA programs now have the same prestige as in-person degrees. Some schools offer online MBAs with the same instructors, coursework, and resources that they offer on campus. Business school diplomas don’t indicate whether the degree was earned online or in person.

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