Few years ago, lacking work experience probably would have been a major minus point for a MBA aspirant but today, major changes and reformation has occurred in favor of students over the years. So now, a student can jump right from earning their UG degrees to starting their MBA dream. So, if you’re a fresher wanting to sail towards the MBA life then you’re more likely to be accepted into the 2-year program than the 1-year program. Students from diverse backgrounds are admitted into this program and do perfectly well despite having little to no work experience.
To be eligible for 2-year full time MBA Program candidates must have a bachelor’s degree in a relevant discipline with at least 55% score. They must have appeared for a management entrance exam like CAT, XAT, GMAT and MAT.
Out of 20, 14 IIMs are included in the top 100 MBA schools for 2-year full time program, but recently other MBA colleges have also been performing at par with the top IIMs.
Here’s a list of top MBA Colleges for a 2-Year full-time MBA program:-
If we compare a 1-Year Full Time MBA Program with a 2-Year Full Time MBA Program, then in some obvious areas the latter would win. For instance, inclusion of a summer internship program, comparatively less rigorous routine, more inclusive with the only con being that it is slightly more expensive. But the 1-year program certainly has too many cons like being extremely rigorous, no Internship program, no scope for networking and extreme pressure. But of course, the one-year program does give you the benefit of time.
Our advice would be, that if you’re a fresher, then the 2-year MBA program will be more suitable but if you’re a working professional with some relevant work experience then go ahead with the 1-year MBA program.
“In the end that was the choice you made, and it doesn’t matter how hard it was to make it. It matters that you did.”– Cassandra Clare, City of Glass
So, we would conclude by stating that the best MBA program ultimately depends on your requirements. If you’re looking climb the corporate ladder faster in your current company then a part-time or an online MBA program will work best for you. If you’re looking to build up your business skill set and enter the corporate world with more vigor then with 2-3+ years of work ex, an Executive MBA would be the right path for you. Finally, if you’re looking to start a new career or a full-time job then the 2-year full-time MBA programs are the way to go.