Is the two-year MBA outdated? • MBA Journal - NEWS über Business Schools und Executive Education

Is the two-year MBA outdated?

By on 9. Februar 2016
Graham Hastie © INSEAD

The answer is ‘No’. It is just not the right format for many students. What makes INSEAD’s one-year MBA #1 is the top talent that we attract – both on the student side as well as on the faculty side.

Its MBA is for students with work experience of, on average, six years. INSEAD is for globally minded students – students come from over 75 nationalities, with no culture dominating in any class. And every year, 750 MBA participants study on at least two campuses in France, Singapore or Abu Dhabi.

This diverse learning environment, together with the one-year format, create an experience in which students gain skills of dealing with cultural differences, gain awareness of their own assumptions and biases, all whilst absorbing state-of-the-art knowledge. They bring this to their next job, to their new start-up, and create profound value for their companies and stakeholders.

INSEAD MBA program being ranked #1 under Financial Times (FT) ‚Global MBA Ranking 2016‘ marks a historic milestone. This is the first time a one-year MBA has topped the rankings, signifying a great accomplishment and a proof of our school’s unique ability to attract and develop future global business leaders and the excellence of our degree programs. Apart from being able to achieve the same objectives as other two-year MBA programs, we are now proven to have outperformed them in various parameters under the FT ranking methodology.

There are many other motives why our participants come to us, including the fact that many of them simply cannot afford to have two years out of the workplace as the opportunity costs are too high. In the case of a two-year MBA, apart from not having real earnings, students will also beheavily in debtby approximately US $100,000 or more after graduation, and that cost is only going to get higher.

In addition to the graduates’ ability to command significant salaries upon graduation, INSEAD is recognised as offering incredible value for money. It will take the typical graduate just 2.4 years to pay back their MBA investment, and that is approximately half the time required compared to other U.S. Schools.

Recruiters value the breadth and depth of our global talent pool as well as the flexibility of our graduates to take jobs anywhere in the world. In addition, they appreciate how the intensity of our one-year program mirrors the highly competitive, ever-changing business landscape and how INSEAD participants are already used to the same high level of time and energy commitment required from C-level positions.

 

 

 

Über Graham Hastie

Graham Hastie is Assistant Dean of degree programs at INSEAD and responsible for the global portfolio of Master's degree programs which includes the INSEAD MBA, global executive MBAs based in Singapore, Fontainebleau and Abu Dhabi and a joint executive MBA with Tsinghua University in Beijing. Dean Hastie is an alumnus of the INSEAD MBA program. He has worked as a management consultant with McKinsey in London, as head of strategy for the London Business School and as the founder and Managing Director of a boutique consulting firm providing strategy advice to the Higher Education Sector in Africa, Asia, Europe, the Middle East and North America. He is an alumnus of Heriot-Watt University and Columbia Business School and based in Singapore.

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