Sunday, September 19, 2010
Accelerated MBA Options
Accelerated MBA Programs
A number of schools offer accelerated MBA programs for students who have already completed a business undergraduate degree. While the specific options at each school differ, they do offer a good opportunity for business grads to get their MBA without having to cover material they have already completed.
The Queen’s Accelerated MBA for Business Graduates is offered in most major cities across Canada. The program involves 4 weeks of on-campus instruction at Queen’s (approximately 50% of the degree instruction time) and video conference sessions from your home city (accounting for the other 50% of the degree instruction time). The video conference sessions are held every 2nd Sunday and Monday during the year.
The program is completed in 12 months and allows students to earn their MBA while continuing to work full-time. The nature of the Accelerated MBA program means all students follow the same curriculum. The total cost for the one-year program is $67,000 CDN.
The FastTrack MBA for Business Graduates is a fairly new program introduced at Alberta. The program can be completed full-time in 10 months, or in 22 months part-time. All classes are delivered at the University of Alberta. The curriculum includes 5 required courses (one of which is an international study tour) and 7 elective courses. Students take courses within the normal full-time MBA program and are able to interact with individuals from many different backgrounds.
The total cost for the program, including the international study tour, is approximately $20,000 CDN.
Ivey’s accelerated MBA program is only open to students who have graduated from the Ivey HBA program within the last 6 years. . The program is completed in 8 months at Ivey and allows students to choose their own electives.
The total cost for the program is $38,500 CDN.
Schulich offers credit for up to half of their required MBA courses. While each case is reviewed individually, the accelerated MBA can be completed in as few as 8 months. Students would essentially enter the Schulich MBA in the 2nd year of the program.
Two term domestic tuition at Schulich is approximately $25,700 CDN.
Similar to Schulich, the McMaster MBA can be completed in 8 months full-time. Courses are held at the DeGroote School of Business at McMaster. Students admitted to the accelerated program would join the 2nd year of the DeGroote MBA.
The total tuition for the Accelerated MBA is approximately $13,000 CDN.
McGill’s accelerated MBA offers students the change to complete 45-credits as opposed to the 51-required of Full-time MBA students. Essentially, students in the accelerated option would not be required to the complete the internship/practicum that full-time MBA students. McGill accelerated students would need to complete the same core courses as the full-time MBA students. The accelerated MBA could be completed in 16 months.
Tuition at McGill is $32,500 per year, so the accelerated MBA would be approximately $48,000 CDN.
The Concordia accelerated MBA allows students to complete 45 credits as opposed to the 57 required of full-time students. As such, the accelerated MBA can be finished in one year of full-time study. As with most accelerated programs, students would join classes in the 2nd year of the regular MBA program.
For Quebec residents, the accelerated MBA is approximately $9,000 CDN. For Canadian citizens, the cost rises to $14,000 CDN.