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London Business School launches 11-month MBA program for Master of Business Administration graduates
London Business School has been in the news lately. A week after welcoming renowned Russian economist Sergei Guliyev as its new dean, LBS announced the launch of a major new program. It is a one-year MBA starting in August 2025.
This new program actually takes 11 months to complete and is open to recent graduates of accredited Master of Business Administration programs. Tuition fees for the program are expected to be around 75,000 pounds (about $95,000), and applications are expected to begin accepting applications in July 2024, the school said.
The move is LBS’s response to the growing market of Master of Business Administration graduates wishing to enroll in MiM’s experience-based one-year MBA program.
New program ‘complements’ LBS’s two-year MBA
One-year MBA programs will officially surpass two-year MBA programs in popularity for the first time in 2023, according to research from the Graduate Management Admissions Council. In GMAC’s annual prospective student survey released last spring, 22% of students seeking graduate management education chose a more accelerated option that would be cheaper and require half the time without a paycheck. MBA program.
This is nothing new for business schools themselves. In the United States, 8 of the top 25 B-schools offer his one-year MBA program.completely P&QIn this ranking, 20 schools offer a one-year MBA. Some schools, like Penn State Smeal College of Business, only offer a one-year MBA (the school has decided to do so in 2022). The rest of the world is taking note of this as well. Malaysia’s Asian School of Business, which jointly runs its MBA program with MIT Sloan School of Management, shortened the length of the program from two years to one year last year. Key program elements have been added and compromised, including her three-week intensive training in Cambridge, Massachusetts.
In Europe, the birthplace of the one-year MBA, more accelerated MBA options have long been popular. That’s why it makes sense for LBS to combine its new accelerated program (the school also offers a 15-month and 18-month MBA) with its Master of Business Administration program, currently ranked third in the world. There is. financial times newspaper.Spokesman says it’s a move poet and poetryThis is an innovative response to “changing trends in the graduate education market” and does not reflect the continued popularity of LBS’s full-time two-year MBA.
“Become an influential leader and activate your entrepreneurial spirit.”
Graham Hastie, associate dean of degree education at LBS, said the new degree was “complementary to our two flagship degrees and offers a one-year program for top graduates with a master’s degree in business administration. “This is an exciting way to meet demand.” MBA and maintain her world-class LBS learning experience. We are particularly excited that our innovative core courses will give students the opportunity to apply their learning to contemporary business problems. ”
The school says these 10 core courses will address issues such as the impact of geopolitical developments on business, how companies approach investment, and changing consumer demands in a changing world. There will also be an emphasis on individual ownership and entrepreneurship. The school describes itself as teaching students how to “solve complex, unstructured problems, become influential leaders, and activate an entrepreneurial mindset.” LBS’s new one-year Her MBA also features over 80 electives and her one-week experiential Global Experience course.
“One-year MBA students are required to follow a pre-program to ensure they cover all relevant core concepts,” the school said in a news release. You then have an exciting opportunity to further refresh your learning of core topics while applying them to important contemporary business issues by completing a series of short foundational courses. ”
Learn more about LBS’s new 1-year MBA here.
Not to be overlooked among would-be students: One-year MBA option outpaces two-year MBA, London Business School’s new dean once forced to flee Vladimir Putin’s Russia is
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