Instead of taking two years, like traditional MBA programs, accelerated MBA programs take only 12 to 15 months to complete. These programs provide students with advanced instruction in management, organizational behavior and global leadership. They offer concentrations in a number of areas, including accounting; general management; healthcare; human resources; marketing.
Some schools also offer joint MBA programs with law, doctoral and other master's degree programs. The degree may also be offered as part of a dual bachelor-MBA program, which takes only five years to complete, rather than the six years that it would usually take to finish each degree separately.
Some programs are offered online, either exclusively or partially, and some schools offer evening and weekend courses. For most accelerated MBA programs, students must have a bachelor's degree and submit GMAT scores. Applicants may also need business experience. For dual bachelor-MBA programs, students need to have a high school diploma or GED and submit SAT or ACT scores.
Master of Business Administration: Accelerated Degree
Coursework investigates management, law, accounting and economics. Electives might cover logistics, healthcare administration or information technology, depending on the concentration chosen. Students learn critical-thinking and problem-solving strategies and develop good communication skills. They also examine business practices outlined under a variety of market conditions and economic systems. Course topics might include:
- Organizational behavior
- Marketing strategies and concepts
- Human resource management
- Global management
- Managerial finance
Popular Career Options
Students of an accelerated MBA program can develop the managerial and leadership expertise to qualify for management careers in a variety of fields, including business, healthcare and finance. Some possible job titles include:
- Administrative services manager
- Financial analyst
- Economic consultant
- Healthcare administrator
- Supply chain manager
Career Outlook and Salary Information
Administrative services managers earned an average annual salary of $106,050 , the U.S. Bureau of Labor Statistics (BLS) reported in May 2018. These workers could see employment grow by 7% between 2018 and 2028, the BLS noted.
In comparison, average wages for financial analysts were $100,990, and the BLS expected these workers to see a 6% growth in employment over the same decade. For medical and health services managers, a group that includes healthcare administrators, the average salary was $113,730, according to the BLS. Their employment might increase by 18% during that decade.
Continuing Education Information
Graduates of an accelerated MBA program could opt to pursue a doctoral degree in business administration. With a doctoral degree, professionals in the field can engage in research or teaching at the university level. Specializations in business administration can also be realized through graduate certificate programs that combine coursework and an opportunity to work in a particular field of business. Certificate programs can focus on human resource management, contract bidding, school law and labor relations.
If you want to earn your MBA in less than the normal amount of time, an accelerated MBA program can provide you with the same advanced business training but at a faster pace.