The number of accredited one-year M.B.A. programs has surged more than 250% as young professionals become less willing to pause their careers for a two-year degree
As young professionals become less willing to pause their careers to get a two-year M.B.A., business schools are making another pitch: the same degree in about half the time.
Rising tuition costs and—until last month—a hot job market have led to a steady decline in applications to traditional two-year M.B.A.s in recent years, even at the country’s most elite programs. In response, the number of accredited one-year programs has surged more than 250% since 2012, according to business-school accrediting firm AACSB International.
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