The Fast-Tracked MBA An Explanation
Many people question whether a fast-tracked MBA is truly possible, as well as if it provides the same quality of content and learning as longer MBA programmes. The problem is, judgements about this MBA structure are made without being properly informed of what it actually entails. If you are wondering whether the fast-tracked MBA is a credible option, then read the below information to find out more.
In order to be fully accredited, higher education providers must undertake rigorous testing in order to comply. Accreditation is very important to consider when weighing up your study options as it is essentially an endorsement provided by a trusted authority that validates the competence, credibility and integrity of the institution and the courses that they offer. What many don’t understand however, is that in order to become an accredited MBA provider, the programme must meet very strict rules and standards. Irrespective of whether it is a fast-tracked MBA of twelve months, or a three-year programme – both programmes must meet certain criteria in terms of the topics covered and the extent to which topics are taught. This therefore means that regardless of the duration, the student will receive the same high quality of education.
A common structure
The fast-tracked MBA is not a new concept – many of the world’s most esteemed higher education providers such as Oxford and Cambridge offer a 12 Month MBA programme. As it is a fast-tracked programme, the intensive structure of the course forgoes term and semester breaks, which in traditional MBA models constitutes a substantial amount of time during the course. Fast-tracked MBA programmes also tend to experience high levels of success in terms of enrolments, completion rates and graduate outcomes due to the shorter nature of the commitment.
Convenient for the working professional
The longer and more traditional MBA models involve several individual subjects being offered concurrently over a 12-week period. This constitutes ‘full-time study’ and therefore means that the student is unable to work during this period due to the contact hours. For the busy working professional, learning is susceptible to external factors such as unexpected work or personal factors that could interrupt their study. The fast-tracked MBA such as AIB’s 12 Month MBA however is structured very differently with students completing only one intensive subject per month. This means the student is only required to focus on one subject at a time, in addition to their personal commitments. It tends to work very well for those who continue to work, as only one subject allows them to balance both study and work effectively.
What do you think?
The fact of the matter is, regardless of the time frame in which it is completed, every MBA will have the same amount of content and learning outcomes. The fast-tracked MBA suits the busy working professional, whereas the longer programmes may suit someone not looking for intensive study. I am curious to hear from both forms of students however – which MBA programme did you pursue and how did you find it? If you’d like to have a chat with one of our Course Advisors to discuss AIB’s fast-tracked MBA, then feel free to call 61 8 8212 8111.
This article was written by Laura Hutton on behalf of the Australian Institute of Business. All opinions are that of the writer and do not necessarily reflect the opinion of AIB.