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When deciding to which MBAs you’re going to apply, one of the key considerations is program length. Do you opt for the increased theoretical learning and internship opportunities of a two-year program, typically favored in the US, or the greater intensity, more advanced starting point and lower opportunity cost of a one-year program, more commonly found in Europe?
Tobias Böcker, a student at EMLYON Business School, opted for the latter. Here are his five reasons to enroll on a one-year MBA as opposed to a longer-form program.
1. Project-based learning
Project-based learning enables students to instantly put theory into practice; especially relevant to those who are newer to the world of business, according to Böcker.
“From the beginning, the EMLYON International MBA combines theories and business models with hands-on problem solving. The program starts with a business game, to understand the interrelations of different business functions such as marketing, finance, or HR. As we move forward, we are exposed to dozens of case studies in these different subjects,” says Böcker.
Each student undertakes a nine-month consulting project with two or three classmates for a partner company. “Project-based learning in a one-year MBA can be crucial for candidates looking to understand various aspects of business in a short time,” says Böcker.
2. Understanding a mixture of business models
There is, says Böcker, a dedicated focus on understanding business models from around the world, allowing candidates to gain a deeper understanding of them, and how they differ from those closer to home.
“As with any international MBA program where participants encounter various nationalities, the one-year MBA exposes candidates to various international business models. This is leveraged with case study discussions in class and learning trips to countries such as Finland, China, and the UAE.”
3. Learning from real entrepreneurs
Among the professors and speakers on Böcker’s course are highly-regarded entrepreneurs, from whom candidates can learn and take inspiration.
“A lot of entrepreneurs can be found among MBA alumni and speakers are willing to share their experiences with the class. These businesspeople add tremendous value to the classroom,” he adds.
4. MBA careers
A one-year MBA provides all the tools for candidates to work towards their targeted MBA careers, says Böcker.
MBA candidates should look for schools that focus on their career development needs, he advises. “For example, at EMLYON, in order to leverage the large alumni network, the school introduced a mentoring program in 2013 which matches the interests of current MBA participants with profiles of alumni.”
Additionally, EMLYON’s career services provides various seminars, covering topics such as personal and leadership development, network building and application training.
5. Study abroad to gain international exposure
The international mix in the MBA classroom – no one nationality dominates – provides a rich learning environment. It also offers a reflection of today’s international business environment.
“Not even 20% of the current MBA participants in my course are French, which shows that internationality plays an important role in the modern classroom,” says Böcker. “Among the remaining students, approximately 50% come from Europe and 50% from beyond. In addition to that, we are offered an option to study abroad at a partner university abroad as part of the MBA.”
Therefore, a one-year MBA doesn’t mean your options to travel outside the country of your program have to be limited. “In fact, at EMLYON, the school allows us to take chosen electives in term three at any partner university, if they offer the chosen courses.”
Five Reasons to Choose a One-Year MBA
By QS Contributor
Updated July 22, 2014 Updated July 22, 2014When deciding to which MBAs you’re going to apply, one of the key considerations is program length. Do you opt for the increased theoretical learning and internship opportunities of a two-year program, typically favored in the US, or the greater intensity, more advanced starting point and lower opportunity cost of a one-year program, more commonly found in Europe?
Tobias Böcker, a student at EMLYON Business School, opted for the latter. Here are his five reasons to enroll on a one-year MBA as opposed to a longer-form program.
1. Project-based learning
Project-based learning enables students to instantly put theory into practice; especially relevant to those who are newer to the world of business, according to Böcker.
“From the beginning, the EMLYON International MBA combines theories and business models with hands-on problem solving. The program starts with a business game, to understand the interrelations of different business functions such as marketing, finance, or HR. As we move forward, we are exposed to dozens of case studies in these different subjects,” says Böcker.
Each student undertakes a nine-month consulting project with two or three classmates for a partner company. “Project-based learning in a one-year MBA can be crucial for candidates looking to understand various aspects of business in a short time,” says Böcker.
2. Understanding a mixture of business models
There is, says Böcker, a dedicated focus on understanding business models from around the world, allowing candidates to gain a deeper understanding of them, and how they differ from those closer to home.
“As with any international MBA program where participants encounter various nationalities, the one-year MBA exposes candidates to various international business models. This is leveraged with case study discussions in class and learning trips to countries such as Finland, China, and the UAE.”
3. Learning from real entrepreneurs
Among the professors and speakers on Böcker’s course are highly-regarded entrepreneurs, from whom candidates can learn and take inspiration.
“A lot of entrepreneurs can be found among MBA alumni and speakers are willing to share their experiences with the class. These businesspeople add tremendous value to the classroom,” he adds.
4. MBA careers
A one-year MBA provides all the tools for candidates to work towards their targeted MBA careers, says Böcker.
MBA candidates should look for schools that focus on their career development needs, he advises. “For example, at EMLYON, in order to leverage the large alumni network, the school introduced a mentoring program in 2013 which matches the interests of current MBA participants with profiles of alumni.”
Additionally, EMLYON’s career services provides various seminars, covering topics such as personal and leadership development, network building and application training.
5. Study abroad to gain international exposure
The international mix in the MBA classroom – no one nationality dominates – provides a rich learning environment. It also offers a reflection of today’s international business environment.
“Not even 20% of the current MBA participants in my course are French, which shows that internationality plays an important role in the modern classroom,” says Böcker. “Among the remaining students, approximately 50% come from Europe and 50% from beyond. In addition to that, we are offered an option to study abroad at a partner university abroad as part of the MBA.”
Therefore, a one-year MBA doesn’t mean your options to travel outside the country of your program have to be limited. “In fact, at EMLYON, the school allows us to take chosen electives in term three at any partner university, if they offer the chosen courses.”
This article is sponsored by EMLYON Business School.
This article was originally published in April 2014 . It was last updated in July 2014
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