Accelerated MBA Programs Can Have Advantages
December 08, 2009
By the My MBA Career Content Team – Find Top MBA Degree Programs
For certain individuals, one-year MBA schools offer attractive advantages over traditional programs.
Stuart Nachbar, an MBA degree-holder who writes for American Chronicle, says some professionals are better suited for accelerated business programs. Some business school students work for a few years between completing undergraduate programs and beginning an MBA. Because of the recession, many professionals have recently lost their jobs. Nachbar says these are the people who should explore one-year MBA programs.
For experienced professionals who have recently been laid off, the advantages of accelerated programs are triple. These people can collect unemployment, hunt for a new job and study for an MBA all at once. Ideally, they'll have found a new position by the time their severance pay ends because earning an MBA degree will have made them more employable.
The Bureau of Labor Statistics says the unemployment rate rose to 10.2 percent in October - the highest it has been since April of 1983. If you recently lost your job, consider enrolling in an accelerated MBA program today. The skills you could obtain while earning your degree could help you find work in today's competitive job market.
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