Accelerated MBA Degrees: Training & Online Course Info

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What will you learn in an accelerated MBA degree program? Read about program requirements, the pros and cons of an accelerated master's degree and potential careers.
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Studying Business: Accelerated Degrees at a Glance

An accelerated Master of Business (MBA) degree program is a MBA program offered in a condensed time frame that may be best suited to students who've had prior training in business fundamentals and want to deepen their knowledge in a specific area. Applicants often have several years of business experience. If you're stalled in your career, contemplating a change in direction or don't want to leave the workforce for two years, you might consider an accelerated MBA.

According to the U.S. Bureau of Labor Statistics (BLS), the job outlook for management positions varies by industry. For example, advertising marketing and promotions managers were predicted to see an average 14% increase in jobs from 2010-2020, while medical and health services managers were projected to see faster-than-average growth of 22% over the same decade. However, jobs for financial managers were predicted to increase 9% during the same period, which is slower than average.

Accelerated MBA Degree
Who is this degree for? Students interested in a management career
Common Career Paths (with approx. median annual salary) - Advertising or promotions manager ($88,000)*
- Marketing manager ($116,000)*
- Computer and information systems manager ($118,000)*
- Financial manager ($107,000)*
- Human resources manager ($99,000)*
- Industrial production manager ($88,000)*
- Sales manager ($102,000)*
- Medical or health services manager ($86,000)*
Time to Completion 10-18 months, full-time or part-time, depending on the school, as well as a student's background and preparation
Common Graduation Requirements Approximately 36-61 credits, including core courses and electives (the required number of courses often depends on your previous education and business-related work experience)
Prerequisites - Undergraduate degree, business area preferred
- Coursework in business subjects helpful
- Previous work experience in a business environment required by some programs
Online Availability Available in online and hybrid formats

Source: *U.S. Bureau of Labor Statistics (2011 figures).

Accelerated MBA Degree

During an accelerated MBA program, you may save time and money because you can complete a traditionally 2-year long program in a single year. You'll learn processes for evaluating and solving business problems in fundamental areas, such as resource management, finance, marketing, operations and strategic management. You may also learn technical skills like use of information systems for decision making and strategic planning. Additionally, the development of leadership and effective communication skills could position you for advancement. However, depending on the industry in which you work, an MBA might not be necessary to move up the career ladder, because some industries place more value on previous work experience.

Pros and Cons

Pros

  • Depending on the program you select, you can re-enter the job market in as little as 10 months
  • Some programs allow you to work while attending school
  • Intensity of the program can heighten your focus and motivation
  • Faster return on investment

Cons

  • Tuition costs and loss of income may not be justified by the benefits of the degree
  • Fast pace requires completing the same number of credits as students in a 2-year program in one year
  • Limited opportunities for internships and school activities
  • Could compete for jobs with bachelor's degree holders with more work experience

Courses and Requirements

Courses in an MBA program are designed to develop your leadership skills, provide in-depth knowledge of advanced business principles and hone your management and business communication skills. These programs generally require you to complete a core curriculum of business courses and let you select from concentration areas or electives. Some schools offer separate accelerated MBA programs for students entering without work experience and a bachelor's degree in a non-business area. In these cases, you might be required to take a preliminary program to prepare you for the rigorous pace of the accelerated curriculum. Core coursework in an accelerated MBA program may cover:

  • Finance
  • Economics
  • Accounting
  • Management
  • Statistics
  • Business strategy
  • Leadership

Online Course Info

Accelerated fully online MBA degrees are rare, but available, through traditional schools, though individual courses and certificate programs may be easier to find. These programs may be suitable for candidates who are working full time, serving in the military, need to relocate during the program or are unable to travel to a physical location. In a distance-learning program, you may still have to make a set number of campus visits each semester, often on weekends.

Getting Ahead with this Degree

You could distinguish yourself by selecting a concentration in an area of interest or completing a targeted certificate program in an area such as global management, supply chain management or entrepreneurship and technology management. Some schools have a modified internship option that allows you to gain professional experience. You could also become a student member of a professional organization in your future field.

Popular Schools

  • Online Programs Available
    1. Saint Leo University

    Program Options

    Master's
      • MAcc: Accounting
      • MBA: Human Resource Management
      • MBA: Health Care Management
  • Online Programs Available
    2. Colorado State University Global

    Program Options

    Master's
      • Master of Project Management
      • Master of Finance
      • Master of Professional Accounting
      • Master - Human Resource Management
      • MS - Management
      • Master of International Management
  • Online Programs Available
    3. Colorado Christian University

    Program Options

    Master's
      • Business Administration, MBA - Emphasis in Advanced Accounting
      • Business Administration, MBA - Emphasis in Health Care Administration
      • Business Administration, MBA - Emphasis in Leadership
      • Business Administration, MBA - Emphasis in Project Management
      • Master of Science in Accounting
      • Organizational Leadership, MOL
  • Online Programs Available
    4. Purdue University Global

    Program Options

    Master's
      • MBA: Human Resources
      • MBA: Project Management
      • Master - Accounting
      • MBA: Marketing
      • MBA: Finance
      • MS in Accounting- Tax Specialization
  • Online Programs Available
    5. Liberty University

    Program Options

    Master's
      • Master of Arts in Public Policy - Public Administration
      • MBA: Marketing
      • MBA: Strategic Management
      • MS: Healthcare Administration: Human Resources
      • MS: Project Management
      • MS: Accounting
  • Online Programs Available
    6. The University of Scranton

    Program Options

    Master's
      • MBA - Healthcare Management
      • MBA - Accounting
      • MBA - Human Resources
      • MBA - International Business
      • MBA - Operations Management
      • Master of Accountancy
  • Online Programs Available
    7. Northcentral University

    Program Options

    Master's
      • Management and Organizational Leadership
  • Online Programs Available
    8. American University

    Program Options

    Master's
      • Master of Arts in Economics
      • Master of Science in Human Resource Analytics and Management
  • Online Programs Available
    9. Georgetown University

    Program Options

    Master's
      • Masters of Professional Studies in Technology Management
      • Master of Professional Studies in Real Estate
  • Online Programs Available
    10. Keiser University

    Program Options

    Master's
      • Master of Business Administration - Management (Spanish)
      • Master of Business Administration - International Business (Spanish)
      • Master of Business Admin - Information Security Management

Featured Schools

Saint Leo University

  • MAcc: Accounting
  • MBA: Human Resource Management
  • MBA: Health Care Management

What is your highest level of education completed?

Colorado State University Global

  • Master of Project Management
  • Master of Finance
  • Master of Professional Accounting

What is your highest level of education?

Colorado Christian University

  • Business Administration, MBA - Emphasis in Advanced Accounting
  • Business Administration, MBA - Emphasis in Health Care Administration
  • Business Administration, MBA - Emphasis in Leadership

What is your highest level of education completed?

Purdue University Global

  • MBA: Human Resources
  • MBA: Project Management
  • Master - Accounting

Which subject are you interested in?

Liberty University

  • Master of Arts in Public Policy - Public Administration
  • MBA: Marketing
  • MBA: Strategic Management

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The University of Scranton

  • MBA - Healthcare Management
  • MBA - Accounting
  • MBA - Human Resources

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Northcentral University

  • Management and Organizational Leadership

What is your highest level of education?

American University

  • Master of Arts in Economics
  • Master of Science in Human Resource Analytics and Management

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