As one of the world top MBA programs that offer one year degree of Master of Business Administration, Babson College Franklin W. Olin Graduate School of Business delivers its courses through classroom in a full-time base. This page provides major areas of study, financial information and physical location of Babson College Franklin W. Olin Graduate School of Business – Babson Park, Massachusetts. Also, you will find school official website, email address, and contact phone number of Babson College Franklin W. Olin Graduate School of Business.
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MBA, 1-Year (1 year)
Program Detail |
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Program Name | MBA, 1-Year | ||||
Program Overview | The Babson MBA One-Year program, ranked among the top One-Year MBA programs by Poets & Quants (2012), leverages your undergraduate business education to deliver an accelerated format of our recently revamped curriculum. | ||||
Areas of Study |
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Joint Degree Offered | No | ||||
Delivery Format | Classroom | ||||
GMAT Score | Average Total: 588 | ||||
Tuition & Fees | Total Program: USD 69,888 | ||||
Financial Aid Availability | Financial aid available, contact school for more information | ||||
Start Dates & Application Deadlines |
This program accepts rolling admissions. |
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Upcoming Events |
One-to-One MBA Event in St. Petersburg
18 October 2014 Individual Meetings with the World’s Top Business Schools Exclusively at this event: – Dozens of top tier international business schools in one place – Individual meetings with Admission Directors who will answer your questions – Interactive MBA conferences – Advising sessions with Access MBA consultants to discuss your MBA project – GMAT preparation and workshops – Many scholarship opportunities (totaling over 1 million euros) |
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Program Size | Class Size: 84 | ||||
Work Experience | Average: 4.5 Years | ||||
Employment Information | 88% of graduates are offered employment by 3 months after graduation |
MBA – WHY, WHEN AND FOR WHOM?
Many see the Master of Business Administration as a real career turbo. Hope for a higher salary is also often a reason for the demanding management studies. But MBA is not simply an MBA.
The MBA market is very confusing. Therefore, you should never apply to the first school. A precise examination of the requirements and services is crucial for personal success. In the “European MBA Guidelines”, the European Foundation for Management Development (EFMD) defined guidelines for management degrees. This includes, for example, that the generalized course for postgraduates usually follows a previous degree and first professional experience. It is intended to cover the main functional areas of management and to challenge the participants intellectually and personally. So far so good. However, the personal preparation and the choice of the course at a renowned business school are decisive for success in the MBA course.
In addition to a lot of time and nerves, budding MBAs have to invest a lot of money. Because the tuition fees are often high. Therefore, prospective MBA students have to ask themselves beforehand whether the effort is worth it. The answer depends very much on your own interests and career goals. One thing is certain: the MBA is more than a chic addition to your CV. It is not a guarantee of more salary, top jobs or a fast career. But it conveys the central prerequisites for management and leadership tasks. In addition, of course, specialist knowledge, intercultural skills and the ability to solve business problems in a team. Indeed, these are important factors that can decisively advance your own career.
THE CAREER PROSPECTS WITH THE MBA
The MBA is important for those who want to prepare for general management and leadership roles after a few years of professional experience. As a “Career Enhancer”, it enables higher management functions to be taken on. Those with their first professional experience can use the MBA to improve and expand their previous position in the company. For others, as a “career changer” he can open the doors to other industries or a new area of application.
Who knows what career goals he is aiming for should look for a program at a business school with very good contacts to the desired branch. If the goals are not yet so specific, a longer program at a business school with contacts to different industries is more likely. Here MBA students not only get to know different areas, but also have more time to (re) discover their preferences and goals. For managers who need to be professionally mobile or do not want to interrupt their careers, a part-time study program can be the alternative.
THE ADVANTAGE OF DIVERSITY
The educational background and age of the MBA participants are usually very different. The spectrum ranges from university graduates to experienced senior managers, from engineers to economists to medical professionals. And it is the mix that matters. In addition to imparting knowledge, MBA programs also live from the exchange of experiences among the participants. That is why many well-known business schools require a few years of professional experience.
If you want to complete an MBA, it is best to start your studies after a few years in the job with the relevant experience. For programs whose participants cover a wide age range, younger participants benefit just as much as experienced managers from the mutual exchange.
MBA: THE MOST IMPORTANT QUESTIONS
- Why do I want to do an MBA?
- Does the MBA lead me to my professional goal?
- What exactly do I want to achieve with my management studies?
- Which type of program fits my goals?
- When and where do I want to study?
- Which business school and which program suit me?
- Do I have enough commitment and perseverance?
- Am I willing to give up free time?
- Does my private environment support me?
- How do I finance my MBA?