One-year MBA applicants already know which industry or area of concentration they want to pursue. They are MBA candidates who want to advance their current careers, rather than change them. Others chose the one-year route because it can be difficult to leave two years of work and salary. If you’re a prospective MBA in the San Francisco metro looking to make moves within your industry, we’ll show you what One-Year MBA options are out there for you.
Who Pursues One-Year MBA Programs?
According to U.S. News & World Report, accelerated MBA programs appeal to those who want to continue working in the same industry but want to move into a higher position; those who want to save time and money; and those who may want a faster return on investment for their MBA.
One-year MBAs condense what would be a semester’s worth of core business courses in a full-time program into only a few weeks. Most incoming students enter with a strong base of business knowledge. One-year programs typically do not feature a summer internship, which means that accelerated MBAs may not offer the same career opportunities that a full-time program does.
Popular One-Year MBA Programs
One-year programs have been popular in Europe for years, but have grown in popularity stateside over the past decade. Not all business schools offer a One-Year MBA, but a handful of top schools do, including:
- The Columbia Business School – Accelerated MBA Program
- The Kellogg School of Management – One-Year MBA Program
- The Johnson School (Cornell University) – Accelerated MBA
- The Goizueta Business School (Emory University) – Full-Time MBA, One-Year Experience
One-Year MBA Offerings in San Francisco
San Francisco is the cultural, commercial, financial, and educational epicenter of Northern California and Silicon Valley. Naturally, it is also home to some of the country’s premier business schools, like UC Berkeley’s Haas School of Business and Stanford University Graduate School of Business. However, those schools do not offer One-Year MBA programs.
Schools in the Bay Area that offer Accelerated MBA programs are:
- San Francisco State University College of Business
- Lucas Graduate School of Business – San Jose State University
Let’s take a closer look at these school’s One-Year MBA offerings.
San Francisco State University College of Business
San Francisco State’s full-time MBA degree is known as the Fast-Track MBA. The program features both afternoon and evening classes and can be completed in 12 months.
In order to graduate, students must fulfill a Professional Development Workshop series, eight foundation courses and ten advanced requirement courses. In the first semester of the program, students complete 15 units of core coursework, along with four workshops. After completing these requirements, students select 15 units of electives from nine possible areas of specialization, such as Accounting, Operations Research, Electronic Commerce, Finance, Information Systems, International Business, Management, Marketing, and Sustainable Business.
The program ends with a case study in Strategic Management, which evaluates strategy formulation, implementation, techniques and decision-making in the context of the economic, social, political and competitive global environment.
Tuition costs for the San Francisco State Fast-Track MBA program amount to $3,540 plus $270 per unit for part-time California residents and $5,546 plus $270 per unit for full time residents. For out of state and international students, part-time tuition is $3,540 plus $666 per unit while full-time tuition is $5,546 plus $666 per unit.
Lucas Graduate School of Business
Lucas Graduate School of Business at San Jose State offers an Early Career MBA Accelerated Track, designed for individuals who are willing to follow a very intense academic pace and wish to complete their MBA degree in 12 months. The fast-paced program is made up of 2-3 courses per session with 6-8 weeks of courses per class. The program is offered once a year starting in fall, and spans 12 months.
The Early Career MBA curriculum consists of 42 semester credit units containing 11 core courses and four electives. The core courses are often prerequisites to electives, such as Business Communications, Managing in the Global Economy, Developing and Managing People, Accounting Principles, Marketing Management, Law and Ethic, Managerial Decision Analysis, and Silicon Valley Experience.
Following core coursework, students must take a minimum of four classes (12 units) of elective coursework in the disciplines of: Accounting, Finance, Marketing, Organizational Development, Global Business Development, Entrepreneurship and Venture Development, Information Systems, and Operations Management. Students may also participate in an international semester in the summer term.
Tuition costs for the Accelerated MBA program is $25,072 for in-state residents and $41,704 for out-of-state residents.