img

Blog

Six Best 1-Year MBA Programmes in India in 2024

img

Jagpreet

24 June, 2024

Six Best 1-Year MBA Programmes in India in 2024

Getting an MBA degree is a huge investment. Let alone the high competition you face. If you don’t go for a reputed B-school then there’s no point doing it. That’s why candidates think 10 times before pursuing a regular 2-year MBA programme. This marked the adoption of a new format for management education which reduced the duration of the MBA degree from two years to one year. The trend for 1 year MBA programme started at a European business school and now has gained significant popularity in India as well. As it is still in its initial phase, not many colleges offer a credible 1 year MBA degree. The 1 year MBA in India is specifically designed for experienced professionals aiming for career advancement. As a result, some institutions offer 1 year PGDM/MBA and 1 year executive MBA programmes. Depending upon your experience level and professional profile you can make the choice.

In this blog, we have enlisted the top six 1-year MBA programmes in India to narrow down your research and explain you its pros and cons.

Best 1-year MBA Programmes in India to Check Out

Here is the list of colleges offering 1 year MBA/PGDM degrees in India. While you are at it, please note that PGDM and MBA programmes are equivalent and differ only in a few aspects like duration.

Institution Name  Course Offered 
ISB (Indian School of Business)  Post Graduate Programme in Management (PGP) 
Xavier School of Management (XLRI) Post Graduate Diploma in Management – General Management (PGDM – GM)
SPJIMR  Post Graduate Programme in Management (PGPM)
Jindal Global Business School  Global MBA in Business Analytics 
Great Lakes Institute of Management  MBA/ Post Graduate Programme in Management (PGPM)
Institute of Management Technology (IMT Ghaziabad)  Post Graduate Diploma in Business Management (PGDM EXP)

1. Indian School of Business

ISB is one of the premier business schools in the country, celebrated for its world-class business and management education in Asia. It is funded entirely by private corporations, individuals and foundations around the world making it a not-for-profit organisation. Owing to its academic excellence, ISB has received ‘triple crown’ accreditations from AACSB, AMBA and EQUIS. The institution has a strong wide network of alumni working in top multinational companies around the world. The ISB 1 year MBA programme or the PGP course is delivered on both the campuses in Hyderabad and Mohali.

Course Name  Post Graduate Programme in Management (PGP) 
Location Hyderabad & Mohali
Duration  12 months 
Eligibility  Candidates with 2 years of experience 
Mode of Learning  Regular 
Exam Mode  Offline 
Course Fee INR 27,61,000 (for shared accommodation) || INR 29,88,000 (for studio accommodation)
Rankings & Recognitions  • AACSB Accredited
• AMBA Accreditation
• EQUIS Accredited 

2. Xavier School of Management (XLRI)

XLRI was founded in 1949, becoming the oldest management institution in the country. Over the years, the institution has established itself as a top brand for business and management education in India. Various distinguished personalities, industrialists, academicians and dignitaries of Jamshedpur Jesuit Society are a part of the XLRI administration. XLRI offers a 15-month residential programme for students with a minimum of 5 years of work experience. The course is designed to familiarise the candidates with the latest management theories and hone their problem-solving skills.  This flagship 1 year MBA/PGDM programme is recognised by various statutory bodies and provides impeccable placement opportunities.

Course Name  Post Graduate Diploma in Management in General Management – PGDM (GM)
Location Jamshedpur
Duration  15 months 
Eligibility  Must have 5 years of supervisory or managerial experience. An executive PGDM applicant may choose the XAT, GMAT or GRE pathway for admission. 
Mode of Learning  Regular 
Exam Mode  Offline 
Course Fee INR 23.15 Lakh
Rankings & Recognitions  • AACSB Accredited
• AICTE Recognition 

3. SPJIMR

The S.P. Jain Institute of Management and Research (SPJIMR) was established in 1981 as a constituent of Bharatiya Vidya Bhavan, an educational trust. It is a tier 1 AICTE-approved business school accredited by the AACSB and AMBA. The institution was built to upgrade the managerial system and provide globally recognised education. Its 1 year MBA / PGPM course gives the option to participate in the international immersion programme. SPJIMR has a 100% placement record and offers full career support.

Course Name  Post Graduate Programme in Management (PGPM)
Location Mumbai
Duration  18  months 
Eligibility  Must have 3 years of work experience 
Mode of Learning  Regular 
Exam Mode  Offline 
Course Fee INR 22,80,000 
Rankings & Recognitions  • AICTE Recognition
• #7 rank in India by the India Today Rankings 2023 

4. Jindal Global Business School

Jindal Global Business School is a leading business institution under the aegis of O.P. Jindal Global University. It offers multidisciplinary business education through global collaborations and industry partnerships. The school provides degree programmes, executive courses, research and consulting-based programmes. Its 1 year MBA is tailored to match the industry standards and cater to the current needs of the business analytics field. It covers topics like business intelligence, machine learning, data visualisation, and predictive modelling. You also get a chance to interact with international faculty and network with global business professionals.

Course Name  Global MBA in Business Analytics 
Location Sonipat
Duration  1 year  
Eligibility  Must have 2 years of work experience and valid CAT/XAT/GMAT/GRE/NMAT/MAT/ATMA/CUET-PG score
Mode of Learning  Regular 
Exam Mode  Offline 
Course Fee INR 11,00,000 
Rankings & Recognitions  • Institute of Eminence by UGC
• #1 rank by QS World University Rankings 2023

5. Great Lakes Institute of Management

Established in 2004, Great Lakes Institute of Management is another top business school offering 1 year MBA programme. With its world-class management education and innovative business approach, the institute has risen to prominence in a short time. It facilitates students with international immersion opportunities, unparalleled peer learning and globally recognised degrees. The curriculum of 1 year MBA course includes 20 core courses and 14 elective options. In addition to this, every year top recruiters including Accenture, Deloitte, TC, HSBC, etc.

Course Name  MBA/Post Graduate Programme in Management 
Location Chennai
Duration  1 year  
Eligibility  Must have 2 years of work experience and a valid CAT/XAT/GMAT/CMAT/NMAT score are required
Mode of Learning  Regular 
Exam Mode  Offline 
Course Fee INR 17,95,000 
Rankings & Recognitions  • AACSB
• AMBA
• SAQS
• NBA

6. IMT Ghaziabad

Another prestigious name offering 1 year MBA in India is the Institute of Management Technology, Ghaziabad. Established in 1980, IMT has focused on grooming business leaders by offering postgraduate programmes in the past decades. The institution has been consistently ranked among the top B-schools in the country. The 1 year MBA/PGDM EXP offers 4 weeks of international immersion opportunity to experience global business scenarios. You can customise your course with the specialisation of your choice such as marketing management, information management and analytics, human resource management, operations and supply chain management, strategy and finance.

Course Name  Post Graduate Diploma in Business Management (PGDM EXP)
Location Ghaziabad
Duration  18 month   
Eligibility  Must have 3 years of work experience and test scores of CAT/XAT/GMAT
Mode of Learning  Regular 
Exam Mode  Offline 
Course Fee
Rankings & Recognitions  • AACSB
• AMBA
• AICTE
• AIU
• NBA
• SAQS

Eligibility of 1 year MBA Programme

As the dimensions of 1 year MBA programme are different in every college, you must review the eligibility criteria thoroughly. Here is the general eligibility you must fulfil:

  • Must have secured 50% aggregate in undergraduate

  • Work experience of 2 to 5 years is required

  • There is no upper age limit to pursue this course

Please note that these criteria may differ in colleges and course types.

Pros and Cons of 1 Year MBA

Here are a few pros and cons of 1 year MBA in India:

Pro  Cons 
As candidates in 1 year MBA programme require a few years of experience, it brings varied viewpoints and networking opportunities.  1 year MBA programme has less time for you to get real-world experience compared to the other counterparts. 
Highly beneficial for mid-career professionals returning to academics compared to fresh graduates.  Internships and industrial training are extremely important parts of the MBA curriculum. However, very few colleges offer internship opportunities in 1 year MBA. 
Owing to the shorter duration, the tuition fee is less for a few of them compared to a 2-year programme. It saves a lot of time and money.  There are fewer consultancy projects or extended networking possibilities. 
It brings a cross-cultural environment to the class and you get to interact with peers from various industries.  Since the entire curriculum is compressed in one year, the workload is more and the daily schedule gets busier.
The curriculum is highly focused on business concepts and is intensive. The rigour of the course allows an enriching academic experience in a shorter period of time.  Though it is a great opportunity for finding better jobs, it may restrict you from securing more specialised roles which require in-depth study. 
1 year MBA helps in career advancement. It is more concentrated on leadership, strategic thinking and networking. Therefore, it increases the chance of improved job possibilities and salary hikes.  The shorter duration of the course may lead to reduced flexibility in investigating the field and its career pathways. 

Summing Up

Pursuing a 1 year MBA degree has its benefits and drawbacks. If you are an experienced professional who must add the MBA qualification to surpass the stagnant growth phase of your career, this MBA format is a good choice for you. Moreover, they are suitable for preparing for leadership roles in the business. Before making the choice, thoroughly review the perks of this arrangement or seek career guidance and embark on a journey of success.

FAQs

Q1. Which is the best 1 year MBA programme in India?

MBA done from a top ranking such as ISB, XLRI, IMT Ghaziabad, and SPJIMR can be considered the best 1 year MBA programme.

Q2. Is it worth doing 1 year MBA in India?

The purpose of pursuing 1 year MBA is different than usual. Thus, it depends on your individual needs and professional profile. Otherwise, for working professionals 1 year MBA is a good option.

Q3. Is an ISB 1 year MBA worth it?

ISB is counted among the premier institutions of the country. Therefore, acquiring a degree from ISB is totally worth it.

Q4. Which MBA ranking is most reliable in India?

NIRF ranking for Management institutes is the most reliable MBA ranking in India. Apart from this, AMBA and AACSB are also prestigious accreditation international bodies for business schools.

Q5. Which MBA specialisation is the best?

Business analytics, information technology, finance, and marketing are the most popular and highest-paying MBA specialisations due to high demand.


Get Free Career Guidance

enquiry




chatBoat
logo
The intend of Learning Routes is to provide unbiased precise information & comparative guidance on Universities and its Programs of Study to the Admission Aspirants. The contents of the Learning Routes Site, such as Texts, Graphics, Images, Blogs, Videos University Logos, and other materials (collectively, 'Content') are for information purpose only. The content is not intended to be a substitute for in any form on offerings of its nAcademia Partner. Infringing on intellectual property or associated rights is not intended or deliberately acted upon. The information provided by Learning Routes on www.learningroutes.in is for general information purposes only. All information on the site is provided in good faith with accuracy and to the best of our knowledge, however, we make nor representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, completeness of any information on the Site. Learning Routes & its fraternity will not be liable for any errors or omissions and damages or losses resultant if any from the usage of fits information.
Contact Us:
Get Free Counselling
+91-9228122474