One-Year MBA Programs in the USA

MBA or Master of Business Administration is a degree that focuses on business administration and management. MBA is an ideal degree for people who wish to enter leadership roles. The degree, especially from a superpower such as the USA, equips students with the required knowledge of business trends, entrepreneurial skills, and diversity for a career change. There are several one-year MBA programs in the USA which offer an opportunity for aspirants to absorb crucial management and business skills while getting extensive exposure to industry insights alongside. A one-year program will not only save you time but also reduce costs while accelerating your entry into the global job market. 

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Best One-Year MBA Programs in the USA

Here is a list of one-year MBA programs in the USA that is worth considering: 

• One-year MBA program at Goizueta Business School, Atlanta 
• Sustainable Innovation MBA at University of Vermont, Burlington 
• Master of Business Administration; One-Year Program at Bryant University, Smithfield 
• Full-Time MBA at Babson College, Wellesley
• One Year MBA program in Management at University of the People, Pasadena 
• MBA at University of Findlay, Findlay
• One-year (Residential) MBA at Clarkson University Graduate School, Potsdam 
• MBA at Trine University, Angola

Here are institutions offering Executive one-year MBA programs in the USA: 

• University of Pennsylvania 
• University of Chicago
• Columbia University
• Duke University 
• Northwestern University 
• University of California 
• New York University
• University of Michigan- Ann Arbor
• Massachusetts Institute of Technology

There are many MBA programs where you can also apply without GMAT scores. They include the following: 

• Sawyer Business School- Executive MBA 
• Alfred Lerner College of Business
• Hult International Business School 
• Marshall School of Business, University of Southern California- Executive MBA
• Lubin School of Business, Pace University- MBA in Financial Management
• Florida International University College of Business
• Kellogg School of Management, Northwestern University- Executive MBA

Specializations in One-Year MBA Programs in the USA

Here are some of the top specializations for MBA courses: 

• Finance/Financial Management
• Data Analytics
• Venture Capital & Private Equity
• Entrepreneurship
• Healthcare Management 
• Applied Investment Management
• International Business
• Operations Management 
• Supply Chain Management
• Marketing
• Information Technology
• Accounting
• Business Analytics

Level of Education

One-year MBA programs in the USA are post-graduate courses. 

Average Fee Required for the Program

Here are some universities with their average fee structures. 

• Johnson Graduate School of Management- $141,170 (~INR 1 crore) 
• The Fuqua School of Business- $86,835 (~INR 65 lakh) 
• Kellogg School of Management- $101,288 (~INR 75 lakh) 
• Marshall Business School, USC- $115,380 (~INR 86 lakh)
• Emory University’s Goizueta Business School – $101,132 (~INR 75 lakh) 
• Mendoza College of Business – $78,874 (~INR 59 lakh) 

These are fee estimates at only some universities and fees may vary across institutions, depending on the course, specialization, and location. 

Job Prospects of One-Year MBA Programs in the USA

Average MBA salaries stood at $137,890 for 2020 (INR 1.03 crore), as per US News. Job prospects are extremely bright for MBA graduates in the country. There are numerous sectors hiring skilled graduates including the technology industry, healthcare and finance sectors, and also other emerging areas like supply chain and logistics players, e-commerce behemoths, and more. 

MBA graduates can get employment in positions like database administrators, business operations managers, supply chain managers, marketing managers, medical and health services managers, financial managers, management consultants, and more. After graduation, candidates can apply for the OPT (optional practical training), which is a period of 12 months where they can stay back in the U.S. and find employment. 

Expected Remuneration/Salary for One-Year MBA Programs in the USA

According to Payscale, the following are the salary figures for MBA graduates in the USA: 

• Sales Engineers- $100,400 (INR 75.30 lakh).
• Building Manager- $56,300 (INR 42.22 lakh).
• Management Consultants- $84,000 (INR 63 lakh).
• Chief Financial Officers (CFOs) – $94-241,000 (INR 70.50 lakh to INR 1.80 crore).
• Project Managers- $60-123,000 (INR 45 lakh to INR 92.25 lakh).
• Human Resources Manager- $53-101,000 (INR 39.75 lakh to INR 75.75 lakh).
• Senior Financial Analysts- $67-108,000 (INR 50.25 lakh to INR 81 lakh).
• Financial Controllers- $64-133,000 (INR 48 lakh to INR 99.75 lakh).
• Financial Analysts- $52-88,000 (INR 39 lakh to INR 66 lakh).
• Operations Managers- $54-121,000 (INR 40.50 lakh to INR 90.75 lakh).

Leading recruiters and their average salaries are the following: 

• Amazon- $112,043 (INR 84.03 lakh).
• J.P. Morgan Chase & Co- $99,685 (INR 74.76 lakh).
• The Boeing Company- $94,855 (INR 71.14 lakh).
• Booz, Allen and Hamilton- $101,343 (INR 76.07 lakh).
• Microsoft Corp- $136,100 (INR 1.02 crore). 
• Accenture- $116,305 (INR 87.22 lakh).
• Ernst & Young- $129,570 (INR 97.17 lakh).
• Bank of America Corp- $101,869 (INR 76.40 lakh).
• General Electric Co- $112,186 (INR 84.13 lakh).
• Wells Fargo & Co- $98,999 (INR 74.24 lakh).
• Johnson & Johnson- $122,034 (INR 91.52 lakh).
• The Bank of New York Mellon Corporation (BNY Mellon) – $84,665 (INR 63.49 lakh).

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