But the traditional, two-year, full-time MBA is still the flagship program for most business schools in the United States.
The two-year MBA gives students more time to explore their career options. It’s usually made up of a less experienced class. And it typically incorporates an MBA internship—taken in the summer between first and second year—through which a high proportion of US-based MBA students land their post-MBA jobs.
However, the market is changing. MBA students demand more flexibility and taking two years out of work to go to business school has become increasingly onerous.
According to data from the Graduate Management Admission Council (GMAC), 47% of candidates considered one-year MBAs in 2018, compared to 45% who considered two-year MBAs—historically the dominant program. International applications to US business schools continue to fall.
In response to these shifts in demand, more US business schools now offer one-year MBA programs to complement two-year MBAs.
In the US, one-year MBAs tend to target more experienced students and are often focused on a particular specialty or industry, like the Tech MBA at NYU Stern.
Here, we round up some of the top one-year MBA programs on offer in the US, their cost, and their average GMAT scores:
You can read on or skip to your location of interest by clicking the links below.
Pepperdine Graziadio Business School, California
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Tuition Cost: $74,625 Average GMAT Score: 626
USC Marshall Business School, California
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Tuition Cost: $112,000 Average GMAT...
Western Washington University College of Business and Economics
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Tuition Cost: $18,682 Average GMAT Score: 590
Carl H. Lindner College of Business, Ohio
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Tuition Costs: $28,796 Average GMAT Score: 655
Kellogg School of Management, Illinois
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Tuition Cost: $95,156 Average GMAT Score: 732
Mendoza College of Business, Indiana
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Tuition Cost: $75,768 Average GMAT Score: 683
Saint Louis University Richard A. Chaifetz School of Business, Missouri
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Tuition Cost: $47,000 Average GMAT Score: 590
Babson College, Massachussettes
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Tuition Costs: $82,496 Average GMAT Score: 599
Samuel Curtis Johnson Graduate School of Management, Cornell University, New York
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Tuition Cost: $107,530 Average GMAT Score: 690
Hult International Business School, Boston (also located in San Francisco and New York)
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Tuition Cost: $74,000 Average GMAT Score: 610
University of Pittsburgh Joseph M. Katz Graduate School of Business
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Tuition Cost: $66,792 Average GMAT Score: 608
SMU Edwin L. Cox School of Business, Dallas
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Tuition Cost: $78,430 Average GMAT Score: 636
TCU Neeley School of Business, Fort Worth
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Tuition Cost: $69,480 Average GMAT Score: 640
Emory University Goizueta Business School, Georgia
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Tuition Costs: $95,853 Average GMAT Score: 655
Florida International University Chapman Graduate School of Business, Miami
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Tuition Costs: $47,000 Average GMAT Score: 540
Hough Graduate School of Business, Florida
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Tuition Cost: $41,173 Average GMAT Score: 600
Mississippi College, Mississippi
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Tuition Cost: $17,640 Average GMAT Score: 406
University of Kentucky Gatton College of Business and Economics
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Tuition Cost: $32,906 / $38,426 (resident/non-resident) Average GMAT Score: 591
University of Miami Business School
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Tuition Cost: $88,377 Average GMAT Score: 640
University of South Carolina Darla Moore
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Tuition Cost: $35,702 / 40,790 (resident/non-resident) Average GMAT Score: 670
All tuition costs are for out-of-state residents.
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