A full-time MBA degree typically takes 1-2 years to complete. Part-time programs can extend from 2 to 4 years depending on credits required and study intensity.
Let’s explore how long different MBA programs take and what factors influence the duration. We’ll look at full-time, part-time, and executive MBAs, along with other flexible options.
Key Takeaways
- Full-time MBAs take 1-2 years, while part-time MBAs range from 2 to 4 years.
- Accelerated MBAs allow students to complete their degree in as little as 12 months.
- Online MBAs are good for working professionals, with many finishing in 2 years of part-time study.
- An MBA offers many benefits and can be structured to limit the financial costs.
How Quickly Can You Get an MBA?
Accelerated MBA programs offer the fastest route to completion, allowing students to finish in 12 months full-time or 2 years part-time. These programs condense coursework into shorter, intensive study blocks with year-round schedules. Students move quickly through the curriculum without extended breaks.
For example, a 36-credit accelerated MBA can be completed in just one year. Part-time students in accelerated programs may take around two years, often studying in 6-7 week blocks with several study periods throughout the year.
Non-accelerated MBAs follow a more traditional academic calendar and can take longer, with full-time students finishing in 1-2 years and part-time students taking 3-4 years. These programs often include extended breaks, offering a more relaxed pace for students who prefer not to rush through their degree.
Part-Time vs Full-Time Courses
A full-time MBA generally requires 1-2 years of study, with students dedicating 20+ hours per week to their coursework. Full-time students can immerse themselves in their studies, completing the program quickly. But this option may require stepping away from work temporarily.
As rule-of-thumb, the duration of an MBA with part-time study is double that for a full-time MBA.
James Horvath from MBA Programs Online
Part-time MBAs, by contrast, are designed for working professionals who need to balance their studies with a job. These programs usually take 2-4 years to complete, with students committing around 10 hours per week to coursework.
Part-time programs offer more flexibility, allowing students to study while continuing their careers. While the overall time to completion is longer, part-time MBAs are ideal for those who cannot afford to pause their professional life.
Executive MBA Degrees
Executive MBA (EMBA) programs are for experienced professionals, particularly those already in management roles. These programs allow students to earn their degree without interrupting their careers. Classes are often held on weekends or in short, intensive modules, allowing executives to continue to work while studying.
EMBAs typically take 1-2 years to complete, similar to full-time MBAs, but with more flexible scheduling. These programs are often shorter than traditional part-time MBAs due to the condensed format and the focus on high-level strategic and management skills.
EMBAs are best suited for professionals who want to advance into senior management roles without sacrificing work commitments.
Online MBA Programs
Online MBAs provide additional flexibility, allowing students to study from anywhere and according to their own schedule. These programs are popular among working professionals, as they offer the ability to balance work, study, and personal commitments.
Most online programs range from 30 to 60 credits, with 36 credits being common. This often translates to around 24 months of part-time study.
Michael Robertson from Beyond an MBA
Many online MBAs are part-time and take around 2 years to complete, with students committing 10-15 hours per week to study. Accelerated online MBAs use short, focused study blocks, helping students progress quickly while managing a job.
Is an MBA Worth It?
For anyone with managerial aspirations, a Master of Business Administration degree is most likely worth it. An earlier promotion or new job opportunity because of the degree can significantly boost career earnings.
The degree is valuable because it offers flexibility in choosing a program that fits your circumstances. Many professionals are willing to invest two years of full-time study at a prestigious business school. This path not only delivers a respected qualification but also helps build strong professional networks, which can propel long-term career growth.
If you’re unsure about the return on investment, or if you prefer a lower financial commitment, a shorter, part-time MBA from an affordable business school is an option. You can limit your costs to modest tuition fees while continuing to work, reducing the financial burden.
Related: Why Get an MBA? Top 10 Reasons