The prestigious London Business School (LBS) has joined the growing trend towards shorter, sharper MBA programs with the launch of a one-year MBA for candidates who have graduated three or more years ago with a rigorous Masters in Management (MiM) or equivalent from a university/business school approved by the accreditation bodies EQUIS and/or AACSB, or from a University of London member institution.
The one-year MBA, which will start in August 2025, is expected to cost ￡75,000 ($A144,000).
The program will only be open to ambitious and driven candidates with this pre-requisite masters and high-quality work experience that demonstrates a strong track record of achievement. Successful candidates will possess skills and attributes that add value to our rich global community.
LBS is the first business school in Europe to offer a one-year MBA with this requirement. The new programme sees the School responding innovatively to shifting trends in the graduate education market.
One-year MBA students will be expected to follow a pre-programme to ensure they have covered all the relevant core concepts. They will then complete a set of short core courses, giving them an exciting opportunity to further refresh their learning of core topics, while also applying them to important, contemporary business issues.
Graham Hastie, Associate Dean, Degree Education, LBS says: “The new programme is an exciting way to meet the demand from top quality Masters in Management graduates for a one-year programme, in a way that is complementary to our flagship two-year MBA and that maintains the world-class LBS learning experience.
“We are particularly excited about the opportunities the innovative core courses will give students to apply their learning to contemporary business issues.”
Core courses will address issues including:
- The changing business environment – geo-political fragmentation and its impact on business, free trade and how companies think about investment, as well as shifts in consumerism and how to respond to sustainability-conscious consumer demand
- The changing role of business and society – how to deliver for people, planet and profit, including application of financial economic theory to sustainability
- How to be an agent of change in business – understand self, be entrepreneurial and develop new ways of solving “messy problems”.
Applications for the programme will open in July 2024.