The fast track MBA Programs or Master of Business Administration is a highly professional managerial degree that provides access to leadership or managerial positions across a range of sectors. The Fast Track MBA Programs provides intensive learning and an accelerated mode for those who are keen to further their studies and move quickly into advanced business careers. This article will tell you about Advantage, Disadvantage, Requirement, specialization difficulties, and important factors of obtaining a MBA degree in fast track mode.
A fast track MBA program is an accelerated version of a regular MBA program that lasts for 6 to 12 to 18 months and consists of a two-year curriculum. This course is designed for those who want to learn business or leadership skills in a few months and start their new successful job or business journey, or who want to move higher in their current job.
1. Advantage of a Fast Track MBA Degree
The Fast Track MBA Degree main benefit is quicker degree which mean, allowing you to return to the job or pursue new employment options, which may increase your earning potential and career advancement.
This Fast Track MBA programs are made to be extremely demanding and intense which will improve your capacity to function under pressure and foster the development of critical thinking and problem-solving abilities.
The total Cost of MBA Fast track Degree is less as compared to Traditional MBA Programs as duration is less and so is the fees.
Fast Track MBA Degree is fully recognized by Different body and Country. MBA Fast track Degree is accredited by UGC, AACSB, AMBA, or EQUIS So You can easily apply for Govt Jobs or for any visa in any part of the world.
This MBA programs attract aspirational and motivated students. This offers a fantastic chance to establish a solid professional network with colleagues who will probably go on to dominate their respective professions in the future.
2. Disadvantage of Fast track MBA Programs
A Fast Track MBA programs is completed in Fast track Mode so it requires time management and organizational abilities. It can be difficult for MBA fast track degree student to juggle between classes, project and his committed Job.
Students have very less time to relax and refuel between semesters due to a more compressed timetable. If not handled appropriately, their energy will be fully burn out.
Traditional MBA course provide internships, but Fast track MBA course don’t provide any kind of Internship, which might be a disadvantage for students looking for more hands-on training.
3. Key factor When Choosing a Fast Track MBA Programs
First Thing while Selecting fast track MBA degree is to check and Verify that the program has been approved by an official accrediting organization, Such as University grant Commission (UGC), The European Quality Improvement System (EQUIS), Association of MBAs (AMBA), or Association to Advance Collegiate Schools of Business (AACSB). Employers recognize programs that satisfy strong academic standards, and accreditation guarantees this.
Find The information of Teaching faculty through Ex-student or through university website. Read all reviews on google and social networking site. Look into the credentials and background of the instructors
IF your professional objectives match with Program curriculum than you are at right place. Verify whether the school offers specializations that align with your goals for your career and interests.
Determine the program’s overall cost and look into your alternatives for loans, grants, and scholarships because some university offer loan and scholarship and some don’t. Think about the Return on Investment and the speed at which you may recover your degree costs.
4. Specialization in Fast Track MBA Degree
Fast Track MBA degree offer Specialization in various field.
MBA in HR (Human resource)
MBA in Finance,
MBA in Marketing
MBA in IT(Information technology)
MBA in Hotel Management
MBA in Hospital Management
MBA in Production
MBA in Digital Marketing
MBA in Cyber security
There are many other specializations in a fast track MBA degree, and they will be updated from time to time. Fast Track MBA Programs are available in India, the USA, UK, Africa, UAE, Saudi Arabia, Kuwait, Oman, Morocco, Australia, Bahrain, Egypt, Spain, France, Germany, and many other countries.
Eligibility for Fast Track MBA programs: a bachelor’s degree in any field. A bachelor’s degree should be from a recognized university. Those who don’t have a bachelor’s degree can also apply, and it will be subject to their experience.
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