Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
One-Year vs Two-Year MBA: MBA aspirants, who have a couple of years of work experience are often in the dilemma of whether to pursue an Executive MBA or two years regular MBA. There are various factors based on which you should take the final decision. Over the past decade, 1 year MBA programs have become popular. For those candidates who have more than 2 years of experience and their career is already in a good place, then in such case, an MBA degree can add to or polish their skills to do much better in the corporate sector. Read this article by Careers360 to know the difference between 1 year MBA and 2 year MBA.
One year MBA is good for those who have a very clear mind on their career path. Apart from that, those candidates who are looking to join a family business and need a quick degree are also best suited for one year MBA. However, those candidates who have just completed their graduation and have doubts related to their career then they must go for two years MBA program.
The two-year MBA program offers extensive theoretical and practical knowledge to students. Despite this explanation, the MBA course duration is a question for many. In this article, we have tried to find out which one-year or two-year MBA, one should pursue.
One year MBA program is an intense experience, where all the learning activities are packed in a 10 to 12 months time frame. On the other hand, two year MBA program allows candidates to explore their MBA career paths through internships and other campus activities. Check out the following table to know the major difference between one year and two year MBA program.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Criteria | One-year MBA | Two-year MBA |
Academic Background | Since the one-year MBA program is intense and fast-paced, this is suited for those who have a strong quantitative background. | Candidates from diverse backgrounds can go for a two-year MBA program. |
Work experience | Two to five years of experience need to pursue one year MBA program. | The average work experience to pursue a two-year MBA program is four to two to three years. It also varies from college to college. |
1. Work Experience: The 2 year MBA programs in India do not require the applicants to have work experience and the selection process is primarily based on their academic and test scores. The one-year programmes, on the other hand, need applicants to have a minimum of two to three years of work experience and the MBA selection process takes into account the overall profile of the candidates, including the quality of work experience, demonstrated track record, and future potential.
2. Curriculum and Learning Experience: The shorter duration of the One year MBA means that it is more challenging with candidates having to handle a lot more in lesser time. This is where having prior work experience helps since having a basic understanding of organizations and professional work environments helps participants start at a higher base compared to freshers who have to start from scratch. The programmes are designed accordingly keeping this work experience in mind and fully leveraging it.
A two-year MBA, on the other hand, offers fresh graduates sufficient time to develop a thorough understanding of the business world along with a summer internship of two months to get the students acquainted with what comes next. So for students who are fresh out of college, a two-year MBA prepares them for the corporate world.
3. Peer Group: A class of the one year MBA in India typically comprises professionals coming with experience in diverse industries and roles. This significantly enhances the quality of learning experience within and beyond the classrooms since people can relate business concepts with their personal real-life experiences. Similarly, it provides a great opportunity for creating a network of friends, acquaintances, and allies across industries.
4. ROI & Opportunity Cost: For experienced professionals, the one-year PG programme offers a higher return on their investment as they have a significantly lower opportunity cost in terms of being away from work for just half the time of the two-year programs. For a lot of people, this is extremely important not just from a career perspective but also for personal reasons where a commitment of being away from school for two years is simply not feasible.
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5. Career Objectives: The choice of your decision also depends upon your career goals. For example, if you are looking for a significant change in your line of work or want to switch your industry, a two-year MBA with a summer internship may offer a better chance. Also, some industries and companies still prefer to recruit young graduates through their management trainee programmes and after evaluating candidates in their summer internship programs. On the other hand, if you love the field that you are in and want to fast-track your career in the shortest possible time, then a one-year MBA makes more sense.
In terms of job opportunities and employment outcomes, the two types of MBA programmes don’t have any difference whatsoever. The major criterion for choosing one over another is just the relevant experience possessed by the aspirant. The two-year traditional MBA is more popular with students who have lesser work experience due to the internship offered at the end of its first year and with people who are planning to significantly change their industry and functional area.
The one-year PG programme, however, is more suitable for professionals who possess significant work experience and are looking for accelerated growth in their careers.
Yes, there is one year MBA course. Many universities and institutes have designed this extensive course and offering to eligible candidates.
The top five highest-paying MBA jobs are.
It depends on where a candidate is pursuing MBA. If a candidate is pursuing MBA from IIMs then they have to pay hefty fees and there are B-schools that offer MBAs at low costs.
MBA given better career flexibility, business ownership, management roles, practical and theoretical knowledge, and on the other masters gives degree and theoretical knowledge.
Instead of MBA, candidates can pursue MSc in various specializations such as.
No, CAT score card is valid for one year only.
A total of 7 IIMs including Ahmedabad, Calcutta, and Bangalore accepts GMAT scorecard.
As per MBA graduates, MBA in Finance and Banking is quiet easier than other MBA specializations.
Minimum duration of one year is needed to complete MBA.
Hello Greetings
With a CAT 2024 percentile of 68.28%, you may face a challenging time getting into IIT Delhi, as their cutoffs are typically higher. However, being an SC female student, you may be eligible for relaxation in the cutoff criteria .
To give you a better idea, here are some general CAT cutoff percentiles for IITs and other top B-schools:
- *IIT Delhi*: Typically above 90 percentile for general category students.
- *Newer IIMs*: Such as IIM Vishakapatnam, IIM Shillong, and IIM Udaipur, may have lower cutoffs, around 80-90 percentile.
- *Other top B-schools*: Like IMT Ghaziabad, XIM Bhubaneswar, and TAPMI, may also consider students with lower percentiles.
It's essential to note that CAT cutoffs can vary from year to year, and other factors like your academic background, work experience, and performance in the personal interview (PI) and written ability test (WAT) also play a significant role in the admission process.
To explore more options and predict your chances of getting into various colleges, you can use online CAT college predictor tools .
Have a great day
Hello Greetings
Considering your 82.58 percentile in CAT and 22 months of industry experience in IT and Financial analysis, you have several options for General Management PGDM or PGPM programs.
*Decent Colleges Accepting Low CAT Percentile:*
- _SPJIMR_: Offers PGDM and PGPM programs, accepting CAT scores, with a minimum eligibility criterion of 50% aggregate in graduation ¹ ².
- _SOIL_: Provides PGPM and PGDM programs, considering CAT scores, with a focus on experiential learning ³.
- Other institutes like _IMT Ghaziabad_, _XIMB_, and _IRMA_ might also accept candidates with lower CAT percentiles, but this may vary depending on the program and intake.
*Key Factors to Consider:*
- _Work Experience_: With 22 months of experience, you might be eligible for PGPM programs, which typically require more work experience than PGDM programs ¹.
- _Career Gap_: Explain your career gap effectively in your application, highlighting any relevant activities or skills gained during that period.
- _Profile-Based Selection_: Some institutes consider profiles, including work experience, academic background, and extracurricular activities, in addition to CAT scores ¹.
*Next Steps:*
1. Research the institutes mentioned above and their programs.
2. Review the eligibility criteria, admission process, and fees for each program.
3. Prepare your application, ensuring you effectively communicate your strengths, work experience, and career goals.
4. Be prepared for interviews, focusing on your profile, experience, and motivation for pursuing a PGDM or PGPM program.
Remember, a lower CAT percentile doesn't necessarily limit your options. Focus on showcasing your strengths, experience, and fit with the program to increase your chances of admission.
Have a great day
Hi Gaurav,
The Common Admission Test (CAT) is a national-level management entrance exam conducted annually in India for admission into MBA/PGDM programs at prestigious institutions like the Indian Institutes of Management (IIMs) and other top B-schools.
For registering for CAT 2025, you can follow the given steps:
For more recent details, you can check out the given link.
Best wishes!
Hello Greetings,
With a CAT 2024 score of 93.94 percentile, you can expect calls from newer IIMs like *IIM Udaipur*, *IIM Raipur*, and *IIM Kashipur*. These institutes have relatively lower cutoffs compared to the older IIMs. Additionally, you may also consider other top MBA colleges like *IIT Madras*, *IIT Roorkee*, or *IIT Kharagpur*, which offer MBA programs with slightly lower cut-offs. To get a better idea of your chances, you can use online CAT College Predictor tools, which estimate the probability of receiving interview calls from different IIMs and other top MBA colleges based on your CAT percentile and academic background .
Have a great day
Hi,
With a CAT 2024 score of 93.94 percentile, you have a good chance of getting calls from several prestigious IIMs. Here are some possibilities
IIMs:
- IIM Indore: 90 percentile (General Category)
- IIM Ahmedabad: 80 percentile (General Category)
- IIM Bangalore: 85 percentile (General Category)
- IIM Calcutta: 85 percentile (General Category)
- IIM Lucknow: 90 percentile (General Category)
- IIM Kozhikode: 85 percentile (General Category)
- IIM Shillong: Sectional Cutoffs
Other Top B-Schools:
- SPJIMR (S.P. Jain Institute of Management and Research): 90-95 percentile
- MDI Gurgaon (Management Development Institute): 90-95 percentile
- XIME (Xavier Institute of Management and Entrepreneurship): 90-95 percentile
- FMS Delhi (Faculty of Management Studies): 95-99 percentile
- IIT Delhi and IIT Bombay: 90-99 percentile
These are general estimates and cutoffs can vary each year based on the difficulty of the exam and the number of applicants. It's always a good idea to check the official websites of these institutes for the most accurate and updated information.
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Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Jan 2024
Highest CTC 35 LPA | Median CTC 9.27 LPA | 172+ Recruiters
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
Ranked #41 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 21st Jan
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