What Toronto MBA Can You Earn in the Least Amount of Time?
It’s easy to see why earning an MBA could be a huge boost to your career—but if the thought of putting those things on hold for two years while pursuing your degree is a source of great anxiety, you are not alone. Many who might otherwise have the ambition and skills to thrive in an MBA program may simply not have the option of putting their life on hold for two years and enrolling in school full-time. This can mean that many talented and driven individuals won’t have access to the kind of opportunities for advancement and growth that an MBA provides.
Not every MBA program requires two years of full-time work. But part-time and weekend programs can often have the opposite problem for individuals eager to earn their degree and reap its benefits. While such programs allow students to continue working full time while earning their degree, they can often take up to three years or more to complete.
For individuals driven to earn their degree quickly, there are a number of programs that allow students to earn an MBA in under one year, reducing the amount of time without an income and moving allowing for a quick path to the salary increase and advancement opportunities an advanced degree is likely to offer.
In Toronto, many top business schools offer accelerated or abridged versions of their MBA programs that can be completed in as little as eight months.
The Fastest Toronto MBA Programs
Ivey Business School – Western University Canada
The Accelerated MBA at the Ivey Business School is available for students who have recently graduated from Ivey’s HBA program, allowing students to earn their degree in just eight months—without needing to take the GMAT exam. This makes it not only among the fastest Toronto MBA programs you can find, but also among the most unique.
The program takes place over the course of eight months, building on the base of knowledge earned during the HBA program. The courses are designed to refresh students on business fundamentals, while also providing career-centered electives in fields like marketing, finance, entrepreneurship, and more. The program also allows students to pursue study abroad through an optional trip to China, South East Asia, or South America.
The benefits of Ivey’s Accelerated MBA are evident for graduates: 97 percent of students earned an offer of employment by within three months of graduating, reporting an average post-graduate salary of $107,116. About 65 percent of employment offers were also facilitated by the university, demonstrating the indelible benefits of the connections made while in school.
DeGroote School of Business – McMaster University
The DeGroote School of Business at McMaster University also offers an Accelerated MBA for students graduating from a Canadian university with their undergraduate degree in business. Attending full-time, the program can be completed in as few as eight months, making it one of the most time-efficient MBAs available to students in Canada.
By exempting students from the required first year MBA courses, students can earn their degree quickly while also cutting their overall tuition expenses in half and accelerating their path to employment. The program is designed for students who have earned their undergraduate business degree in the last ten years, and have at least one year of professional experience. Students may start the program in either September or January.
Wilfrid Laurier University – Lazaridis School of Business & Economics (Toronto Campus)
The One-Year MBA at Wilfrid Laurier’s Lazaridis School of Business & Economics is a unique program that immerses students fully in an integrated model of business education, asking students to constantly make use of the knowledge gained during the program through team projects, case study analysis, and as consultants for a real business. The degree is designed for graduates from any four-year university with at least two years of professional work experience.
Wilfrid Laurier University also offers one of the fastest MBAs you can earn in Canada, with the One Year Lazaridis School of Business & Economics MBA.
The Lazaridis MBA can be completed in just twelve months, offering one of the best return on investments of any Canadian MBA program. Located in Waterloo, a center of technology and finance within Canada, the One-Year MBA also allows students to choose from over 10 different MBA concentrations, such as entrepreneurship, strategic management, supply chain management, and organizational behavior.
Schulich School of Business – York University
The Schulich School of Business‘ Accelerated MBA allows students to bypass many of the Year 1 MBA requirements, cutting the time it takes to complete the degree by half. The program can be pursued either on a full-time or part-time basis, and can be completed within just eight months with the full-time option. The program is reserved for students who have earned a BBA or BCom degree in Canada within the past ten years. With 89 percent of all Schulich MBA students earning a job offer within three months of graduation from their respective programs, the Accelerated MBA gives students the chance to join the workforce much sooner and quickly reap the benefits of their education.
Rotman School of Management – University of Toronto
For prospective MBAs with several years of professional or managerial experience, another way to quickly earn an MBA is by pursuing an Executive MBA, designed specifically for senior managers and executives. Executive MBA programs, such as the One-Year EMBA at the University of Toronto’s Rotman School of Management, can typically be earned in 13 months or less and are designed to accommodate the schedule of a busy professional. While executive programs typically cost more than other MBA variations, the Rotman One-Year MBA stands out as the fastest EMBA you can earn in the Toronto metro.
