A fast track MBA will expand your network and provide you with the necessary skills to succeed in business. Is the a fast MBA for you?
A traditional MBA program from a top school will cost you over $200,000 and take two years away from the workforce to complete. A fast track MBA is often a better option for busy business professionals who are looking to advance their careers.
If you are a busy professional who wants to improve your business knowledge, a full-time MBA degree is no longer your only option. You need to get onboard the MBA fast track and take a close look at a micro MBA.
The Best Fast Track MBAs:
1) Business Intensive (Professionals and Entrepreneurs)
2) Techstars Accelerator (Startup Founders)
3) Rutgers Specializations (Specialized Professionals)
There are different types of fast track MBAs to look into. Some cater to entrepreneurs who are looking for guidance and seed funding for their startups. Other fast track MBA programs focus on providing critical business training and network opportunities to professionals looking to improve their career trajectory.
1) Best Fast MBA for Business Professionals and Entrepreneurs: Business Intensive
Business Intensive features:
• Length: 7 Weeks
• Format: Fully online
• Cost: Starting at $1,499
The 7-week Business Intensive teaches 8 core business skills including: marketing, sales, and finance. It also provides networking opportunities.
Students complete hands-on projects. On the MBA fast track, you can expect to:
• Develop and test a business strategy
• Run a market sizing, revenue growth, and competitor analysis
• Conduct user interviews
• Analyze financial reports and models
• Develop and execute a marketing and sales plan
• Build a no-code website
• Pitch a business idea
There are live weekly guest speakers. Past guest speakers include: Andrew Yang, PayPal Founding COO David Sacks, Ellevest Cofounder and CEO Sallie Krawcheck, and Peloton Cofounder Graham Stanton.
Attracting a global customer base, brunchwork’s Business Intensive is designed to take students from passive business information consumers to active business leaders with a strong skillset and an impressive network.
2) Best Fast MBA For Full-time Startup Founders: Techstars
Techstars program features:
• Length: 3 Months
• Format: In-Person and Online
• Cost: 7-10% equity (could be worth millions!)
Techstars is a global startup accelerator program. It provides mentorship from corporate partners and investors. This program is for startup founders who want help to get their business going but are new to entrepreneurship. Techstars launched Classpass, a unicorn startup.
There is no tuition for Techstars. Rather they invest 20,000 for 7-10% equity.
Keep in mind that you need to have a strong business idea to be accepted. Techstars only accepts 1-2% of applicants. For reference, Stanford Graduate School of Business accepts 6.1% of applicants.
3) Best Fast MBA With An Industry Specialization (Analytics, Digital Marketing, and Healthcare): Rutgers
Rutgers Business School features:
• Length: 12 Weeks
• Format: In-Person and Online
• Cost: Starting at $3495
Rutgers University Business School offers a variety of different fast track MBA programs. These highly specialized graduate programs are meant to provide fast track MBA students with the necessary technical knowledge and skillset to move up in their careers. There are different options for Rutgers classes ranging from self-paced online courses to in person courses.
Programs include Healthcare Management, Brand Development, and Digital Marketing.
Each course is designed to keep students up to date with the latest innovations in a specialized field of business. The courses are meant to provide students with the technical skills needed to fill positions in their desired industry.
What Is The MBA Fast Track, Anyway?
A fast track MBA is a way for busy professionals to gain critical business skills without the time commitment of a typical MBA program. They are part-time accelerated programs that range from a few weeks to a few months. They are offered for as little as $1,499.
The fast track MBA coursework is meant to help students acquire current, in demand business skills. This is a great option compared to a full time MBA curriculum, which provides a broader approach and often teaches more dated skills. Full time MBAs also often have master’s degree criteria such as GRE or GMAT exams, minimum GPA requirements from your undergraduate degree, and elective enrollment requirements.
Fast track MBA grads will complete their programs with a strong, diversified business network. They will have an understanding of current business frameworks and the necessary templates and tools to compete in the modern business environment.
You don’t have to sacrifice your work experience by leaving your full time job to complete a fast track MBA. Rather, it is recommended to apply what you learn from your business degree towards your current position to improve your leadership and decision making skills while increasing your promotion and earning potential.
Is The MBA Fast Track Worth It?
A full-time MBA is useless, especially in the age of COVID-19. Since MBA courses take you away from your career for too much time, they just are not worth it.
There are many MBA alternatives now, such as one year MBAs and a fast track MBAs which provide you with the same information, but cut away the time learning unnecessary theory.
If you’re looking to get the best education in the shortest amount of time, an accelerated business program such as a fast track MBA is the right choice for you. It will provide you with a great network, strong business skills, and it allows you to keep your full time job.
brunchwork’s fast track MBA provides a strong opportunity to improve your network and learn real world business strategies. It is a great choice if you’re looking for an accelerated MBA program.