Two-Year, Full-Time MBA Programs

The Two-Year, Full-time MBA Programs

You'll find accredited two-year, full-time MBA programs an ideal fast track to success--that is, if you're capable of devoting your time to your courses. This type of program may not be the best option if you have to work during your studies. For many, an online MBA program that offers courses on flexible, self-paced schedules more appropriate for their commitments to work and family.

The Advantages of Full-time, Two-Year MBA Programs

Similar to courses on foreign languages, accelerated two-year MBA programs totally immerse students in the subject matter. That's why the programs are best suited for students who already have business experience and sufficient career skills to devote themselves to their learning without requiring basic foundation courses. The program may be well suited to meet your needs for specializing in a business or management niche. Many professionals find that these fast-paced degree programs are helpful for quickening advancement or preparing them to switch careers.

During the summer breaks, students often take internships with sponsoring corporations to apply new skills and gain on-the-job experience. Internships also provide ample opportunity for MBA students to develop career networks, mentors, and contacts with potential employers. Unlike many online programs, two-year, full-time programs also connect students with campus visitors from professional or trade organizations, corporate recruiters, and entrepreneurial speakers. You may also be able to take advantage of campus-based career development and placement services.

Financial Aid Availability

Grants, loans, and scholarships may be available from the federal or state government, business associations, and from an employer. You may already be employed by a company that invests money into the management training of its professional staff. That means your firm or corporation may be willing to underwrite part or all of your tuition, as well as excuse you from some of your duties over the course of your program.

Potential Drawbacks to Full-time, Two-Year MBA Programs

Admission to two-year, full-time programs can be very competitive. You may need to have completed a four-year degree and have business experience for entry. Many professionals cannot afford to take the time away from their regular earnings to go to school. If you have a family and are the primary breadwinner, committing to a two-year MBA program may not be practical. If you're selected by a program in another state, you may face higher tuition, in addition to relocation costs.

You might receive tuition assistance from an employer, but it may not cover costs for housing, books, student fees, parking, and/or commuting. In short, if you need a comprehensive MBA education and cannot afford to spend the time and money to pursue a campus-based MBA program, you may want to investigate your online options.